LEDs constitute over half of light sales around the world, according to the International Energy Agency, which puts lighting on track for hitting its net-zero scenarios by 2030. That also leaves a lot of room for growth.
On top of that, people and businesses are using more lighting than ever before, so the technology chosen to illuminate society will likely need to be rolled out in much greater numbers than what currently exists. Speed is also important, as the IEA estimates that a net-zero scenario depends on LEDs accounting for all lighting sales by 2025.
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