LEDs are sparking a revolution in the lighting industry -- and for good reason. LEDs have been on a promising trajectory in recent years. We now see them starting to push out traditional technologies in a broad range of sectors, including automotive, streetlights and decorative lighting. In 2010, LEDs represented just 0.3 percent of the lighting industry’s market share. Today, they’ve skyrocketed to approximately 18 percent and are expected to flourish further in coming years. To make better-informed decisions on how to accelerate mass adoption, it makes sense to look at another newcomer in the energy industry:
solar power.
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