Press release
LED Lighting Solutions Market is Projected to Expand at a Staggering CAGR of 16.6% by 2025
Factors driving the global sales of LED lightings include:
Increasing adopting of LED lightings in commercial settings
Rising power consumption & overloading burden on conventional grid systems
Government initiatives promoting the use of LED lighting for cost-savings, energy efficiency and power conservation
High durability of LED lighting products, compared to other alternative lightings
To Get Sample Copy of Report Visit at: https://www.persistencemarketresearch.com/samples/14905
The report, titled “LED Lighting Market: Global Industry Analysis and Forecast, 2017-2025,” projects that Asia-Pacific will remain the largest market for LED lighting in the world. Towards the end of forecast period, the contribution of Asia-Pacific to global LED lighting revenues will surpass 50%, registering a stellar revenue growth at 19.3%. The demand for LED lightings is also expected to remain high in Latin America, revenues from which are expected to reach US$ 2.3 Bn by 2017-end. Following these two regions, the LED lighting market in Middle East & Africa is expected to soar at 16.8% CAGR, while North America and Europe will showcase subpar revenue growth.
Key insights compiled in the report reveal that large population in countries such as India, China, Brazil and South Africa continues to remain dormant in terms of LED usage. Manufacturers of LED lightings can seize such untapped demographics and deploy their production units to extend their global clout. Furthermore, commercial viability of LED lightings, and their compliance with green technology initiatives is also expected to propel their global sales through 2025. Nevertheless, volatility of procuring raw materials such as aluminum at fair prices remains to be a key hurdle for LED lighting manufacturers. OSRAM Licht AG, GE Lighting LLC, Daktronics Inc., Eaton Corporation (Cooper Industries PLC), Cree, Inc., Sharp Corporation, Hubbell Lighting Inc., Samsung Electronics Co. Ltd., Philips Lumileds Lighting, Acuity Brands Lighting Inc., and Toshiba Lighting and Technology Corporation are observed as the world’s leading manufacturers of LED lightings, profiled in the report.
Access Report with Table of Contents @ https://www.persistencemarketresearch.com/methodology/14905
Key Excerpts from the Report include:
While LED bulbs will remain top-selling product in the market, the demand for bare LED tubes and LED fixtures will gain traction during the forecast period
Through 2025, over 50% of global LED lighting revenues will be accounted by revenues arising from installation services
Likewise, end-use of LED lightings in commercial settings is presently accounting nearly half of global revenues
However, by 2025-end, residential end-use of LED lightings will soar by registering 16.9% CAGR
On the other hand, industrial settings will remain fastest-growing end-user of LED lightings in the world, showcasing a value CAGR of 18.6%
Outdoor and backlighting applications will collectively attribute to more than half of global revenues towards the end of 2025
Application of LED lightings in automotive and indoor settings will also gain traction, registering 17.2% and 19.3% CAGR respectively
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
Telephone - +1-646-568-7751
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release LED Lighting Solutions Market is Projected to Expand at a Staggering CAGR of 16.6% by 2025 here
News-ID: 1081005 • Views: …
More Releases from Persistence Market Research
Packaging Machinery Market to Surpass US$ 82.3 Bn by 2030 with Steady 4.7% CAGR …
➤Overview of the Market
According to the latest analysis by Persistence Market Research, the global packaging machinery market is projected to grow from US$ 59,737.4 million in 2023 to US$ 82,389.7 million by 2030, registering a CAGR of 4.7% during the forecast period. Rising consumer demand for packaged goods, automation, and technological upgrades in manufacturing are among the key forces transforming the industry landscape.
The packaging machinery market plays a vital role…
Packaging Tensioner Market Set to Reach US$ 13.3 Bn by 2030 with 3.8% CAGR - Per …
➤ Overview of the Market
According to Persistence Market Research, the global packaging tensioner market is projected to rise from US$ 10,237.5 million in 2023 to US$ 13,291.5 million by 2030, expanding at a CAGR of 3.8%. Packaging tensioners, essential for securing strapping around pallets, cartons, and bundled goods, are increasingly adopted across industries to ensure safe and efficient handling during transport. Growth is primarily driven by automation trends in packaging,…
Beverage Packaging Market to Surpass US$ 138.9 Bn by 2031 Driven by Sustainabili …
➤Overview of the Market
According to the latest study by Persistence Market Research, the global beverage packaging market is projected to grow at a CAGR of 4.1% from US$ 1,04,820.0 million in 2024 to US$ 1,38,867.1 million by 2031. Rising consumer preference for sustainable packaging, growing consumption of ready-to-drink products, and ongoing innovation in material science are major factors boosting the industry worldwide.
The beverage packaging industry plays a vital role in…
Actuators Device Market to Reach US$ 102.8 Bn by 2031 Fueled by 7% CAGR and Auto …
➤ Overview of the Market
The global actuators device market is poised for robust growth, projected to rise from US$ 67.7 Bn in 2024 to US$ 102.8 Bn by 2031 at a CAGR of 7%, according to Persistence Market Research. Rapid automation across industries, growing investment in industrial robotics, and expanding applications in aerospace, automotive, and medical devices are key catalysts for market acceleration.
The actuators device market encompasses mechanical systems that…
More Releases for LED
HSC LED Successfully Delivers Taxi LED Displays to Moldova
HSC LED [https://www.hscled.com/] is pleased to announce the successful completion of a major project involving the delivery of taxi LED displays to Moldova. This achievement underscores our dedication to providing high-quality, innovative LED display solutions to global markets.
Image: https://www.abnewswire.com/upload/2025/03/c632e02b61fa3f45fb036d4012a026b5.jpg
This project involved the production and deployment of state-of-the-art taxi top LED displays, designed for high visibility, durability, and intelligent operation. Equipped with high brightness levels, waterproof protection, and efficient heat dissipation,…
Enhancing LED Lighting: What is a reflective LED light?
Nowadays, LED lights [https://www.cnblight.com/products/] have become the mainstream of lighting. There is an interesting question, why do LED lights in homes nowadays, whether they are desk lamps, pendant lamps, ceiling lamps, etc., often need to add a lamp shell? You should know that LED lights emit solid light, unlike traditional lamps such as incandescent lamps and fluorescent lamps, which require a lamp shell on the outside.
There are many reasons that…
Global Backlight LED Market| Global Backlight LED Industry | Backlight LED Marke …
The backlight LED market comprises of sales of Backlight LED & related services. LED backlight is a flat panel display that uses LED backlighting instead of cold cathode fluorescent (CCFL) backlighting. LED backlight displays also use thin-film-transistor liquid-crystal display (TFT LCD) technologies that offer better contrast and brightness, reduced energy consumption, greater color range more quick response to changes in the scene, and photorefractive effects. These displays are small chips…
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation li …
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation like Lamp-LED, Side-LED, TOP-LED, High-Power LED, SMD-LED, and Flip-Chip LED & more
The LED market is one of the quickly growing segments as they are replacing the traditional lighting equipment like bulbs due to their high efficiency and power saving capability. The LED packaging industry is also growing with innovations along with the LED industry as new technologies are being included…
Global LED Driver (LED Lighting Driver) Market Research Report
This report studies the global LED Driver (LED Lighting Driver) market status and forecast, categorizes the global LED Driver (LED Lighting Driver) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions.
Get sample copy of the report:
https://www.marketdensity.com/contact?ref=Sample&reportid=68754
Table of Contents:
Table of Contents
Global LED Driver (LED Lighting Driver) Market Research Report…
LED Driver And Chipset Market - Tax Exemptions For LED Technology Encourage Use …
Transparency Market Research, in a report titled “LED Driver and Chipset Market - Global Industry Analysis, Trend, Size, Share and Forecast 2015 - 2021,” states that the global LED driver and chipset market is projected to expand at a remarkable CAGR of 23.20% during the forecast period. The report states that the outstanding growth of the overall LED market in recent times will push the value of the LED driver…
