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PR Title:	MarketsandMarkets: Global Chip on Board (COB) LED Market Worth $3.5 Billion by 2016 at a CAGR of 38.5% From 2011 to 2016
PR Summary:	Urbanization, increasing infrastructure, and government initiatives are the factors resulting into increase in modern lighting products. Incandescent lighting turns out to be a very costly and poor medium of lighting source.

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