The lighting industry includes general lighting, automotive lighting, and backlighting. The general lighting market is the major revenue-generating segment, followed by automotive lighting and backlighting. The general lighting market includes lighting applications for residential, industrial, commercial, architectural, and outdoor purposes. The commercial and residential segments are the major drivers for the general lighting market. The general lighting can be either traditional or LED lighting. The traditional lightings are categorized into LFLs, CFLs, and others which include incandescent bulbs, halogens, and high-intensity discharge (HID) lights. The traditional lighting market will observe a decline in the sales due to the rising popularity of LED.