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Newstrail
Newstrail
According to the latest report by IMARC Group, titled “Indonesia LED Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the Indonesia LED market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 21% during 2021-2026. A light-emitting diode (LED) refers to the energy-efficient lighting technology that is incorporated into bulbs and fixtures for general lighting applications. These semiconductor-based lighting sources offer unique design opportunities and emit light in a specific direction to prov…