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LEDs to top $10 billion in 2011
According to a new technical market research report, Light Emitting Diodes for Lighting Applications from BCC Research, the total market for high-brightness LEDs reached $5.8 billion in 2005.
BCC Research projects the global market to grow to $6.6 billion in 2006 and then increase to $10.6 billion by 2011, an average annual growth rate (AAGR) of 10.2%. For more information on this topic go to www.ledsmagazine.com.
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