Press release
GLOBAL LED LIGHTING MARKET GROWTH ANALYSIS COVERING DRIVERS AND TRENDS FORECASTED DURING 2018 – 2025
According to a new market report published by BlueWeave Consulting, The Global Led Lighting Market was valued at US$ 34.0 Bn in 2017 and is expected to expand at a CAGR of 13.7% from 2018 to 2025, reaching US$ 98.4 Bn by the end of the forecast period. According to the report, Asia Pacific was the largest contributor in terms of revenue to the Global LED lighting market in 2017.
Growing need among consumer for energy efficient lighting systems for various purposes is driving the Global LED Lighting market.
Rising urban population and consumer shift towards energy efficient lighting system will positively drive the LED lighting Market. Since scarcity of natural resources and costs of energy are increasing, LED lighting is among the most cost-effective products to reduce the depletion of natural energy resources.
The demand for energy-efficient lighting systems are increasing across residential, commercial, and industrial sectors due to growing industrialisation across the globe, increase in residential areas with better interior decorations owing to the changing lifestyle of people. The lower cost of operation along with reduced heat losses makes them the appropriate replacement for incandescent lights. Significant reductions in price of LED lighting systems in the recent years have enhanced the adoption of various LED lighting products worldwide. In addition, governments have introduced favourable regulations regarding the conventional lighting and energy consumption across United States, European Union, China, and India that are expected to favor the market demand for LED lighting.
Get an Exclusive Christmas Discount on this Report@ https://bit.ly/2Gnl7uG
Scope of the Report
The Global LED Lighting market is segmented on the basis of product, end-user industry, application, and distribution channel. On the basis of product, the market is segmented into LED bulbs, led fixtures, bare led tubes, led downlights and others. On the end-user industry basis, the market is segmented into residential, commercial and industrial. On the basis of application, the market is segmented into Outdoor, Indoor, Back light, Automotive, and Others. On the basis of distribution channel, the market is segmented into Retail Distributors, and Online Suppliers.
On the basis of region, the market is segmented into five parts namely North America, Asia Pacific, Europe, Latin America, and Middle East & Africa.
Competitive Dynamics
Companies, such as Samsung Electronics Co. Ltd., Philips Lighting N.V, General Electric Company, LG Innotek Co. Ltd, Ever light Electronics Co., Ltd., Syska LED Lights Pvt. are the key players in manufacturing LED lighting systems globally. In terms of product offerings, Samsung Electronics Co. Ltd. and General Electric Company are the major players in the market, providing LED lighting systems.
Market Segmentation
• By Product
• By End-Use Industry
• By Application Industry
• By Distribution Channel
In addition, the report provides analysis of the Global Scar Treatment market with respect to the following geographic segments:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East & Africa
• ROW
Browse full Research Report@ https://bit.ly/2BoGdmx
Contact Us:
info@blueweaveconsulting.com
https://www.blueweaveconsulting.com
Phone Number: 18666586826
About BlueWeave Consulting & Research Pvt Ltd. (BWC)
BlueWeave Consulting provides a full scope of business intelligence solution for solving your toughest challenges. BWC is an emerging global expert & pioneer in the market research and provision of exclusive market INTEL. We optimize your decision making by equipping your industry with an accurate & better market research according to your industry demands through our professionally designed qualitative & quantitative research methods. Our trendy & efficient sample collection methods, integrated data solutions as well as methodologies certainly make us a better partner that you can rely on. With collective experience in the varied fields of retail, market research and reporting, we provide the business insight and business practices that would give the required impetus for your company’s growth.
GD-69, Sector G, East Kolkata Twp,
Growing need among consumer for energy efficient lighting systems for various purposes is driving the Global LED Lighting market.
Rising urban population and consumer shift towards energy efficient lighting system will positively drive the LED lighting Market. Since scarcity of natural resources and costs of energy are increasing, LED lighting is among the most cost-effective products to reduce the depletion of natural energy resources.
The demand for energy-efficient lighting systems are increasing across residential, commercial, and industrial sectors due to growing industrialisation across the globe, increase in residential areas with better interior decorations owing to the changing lifestyle of people. The lower cost of operation along with reduced heat losses makes them the appropriate replacement for incandescent lights. Significant reductions in price of LED lighting systems in the recent years have enhanced the adoption of various LED lighting products worldwide. In addition, governments have introduced favourable regulations regarding the conventional lighting and energy consumption across United States, European Union, China, and India that are expected to favor the market demand for LED lighting.
Get an Exclusive Christmas Discount on this Report@ https://bit.ly/2Gnl7uG
Scope of the Report
The Global LED Lighting market is segmented on the basis of product, end-user industry, application, and distribution channel. On the basis of product, the market is segmented into LED bulbs, led fixtures, bare led tubes, led downlights and others. On the end-user industry basis, the market is segmented into residential, commercial and industrial. On the basis of application, the market is segmented into Outdoor, Indoor, Back light, Automotive, and Others. On the basis of distribution channel, the market is segmented into Retail Distributors, and Online Suppliers.
On the basis of region, the market is segmented into five parts namely North America, Asia Pacific, Europe, Latin America, and Middle East & Africa.
Competitive Dynamics
Companies, such as Samsung Electronics Co. Ltd., Philips Lighting N.V, General Electric Company, LG Innotek Co. Ltd, Ever light Electronics Co., Ltd., Syska LED Lights Pvt. are the key players in manufacturing LED lighting systems globally. In terms of product offerings, Samsung Electronics Co. Ltd. and General Electric Company are the major players in the market, providing LED lighting systems.
Market Segmentation
• By Product
• By End-Use Industry
• By Application Industry
• By Distribution Channel
In addition, the report provides analysis of the Global Scar Treatment market with respect to the following geographic segments:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East & Africa
• ROW
Browse full Research Report@ https://bit.ly/2BoGdmx
Contact Us:
info@blueweaveconsulting.com
https://www.blueweaveconsulting.com
Phone Number: 18666586826
About BlueWeave Consulting & Research Pvt Ltd. (BWC)
BlueWeave Consulting provides a full scope of business intelligence solution for solving your toughest challenges. BWC is an emerging global expert & pioneer in the market research and provision of exclusive market INTEL. We optimize your decision making by equipping your industry with an accurate & better market research according to your industry demands through our professionally designed qualitative & quantitative research methods. Our trendy & efficient sample collection methods, integrated data solutions as well as methodologies certainly make us a better partner that you can rely on. With collective experience in the varied fields of retail, market research and reporting, we provide the business insight and business practices that would give the required impetus for your company’s growth.
GD-69, Sector G, East Kolkata Twp,
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