Press release
Industrial and Commercial LED Lighting Market Expected to Reach $79.49 Billion by 2023
Industrial and Commercial LED Lighting Market
Access Full Summary at : https://www.alliedmarketresearch.com/industrial-commercial-led-lighting-market
Europe dominates this market at present, followed by North America. In 2016, Germany dominated the market in Europe; similarly, the U.S. led the overall market in the North America, while China dominates the market in Asia-Pacific presently.
Factors such as high efficiency, favorable government conditions, and compact & robust nature of LEDs drive the industrial and commercial LED lighting market. However, high initial cost hampers growth of the market.
In 2016, the residential segment dominated the end-user segment, in terms of revenue. Furthermore, based on application, indoor lighting led the global market, followed by commercial in 2016. However, industrial application segment is expected to depict highest CAGR throughout the forecast period.
Download Exclusive Summary @ https://www.alliedmarketresearch.com/request-sample/462
Key Findings of the Industrial and Commercial LED Lighting Market:
Indoor lighting segment generated the highest revenue in the global industrial and commercial LED lightings market in 2016.
In 2016, the residential use generated the highest revenue among the end-user segment.
LAMEA is anticipated to exhibit the highest CAGR during the forecast period.
In 2016, Europe accounted for the highest market share, followed by North America.
The key players profiled in the report are Eaton Corporation Plc., Cree Inc., DECO Enterprises, Inc., Dialight Plc., OSRAM Licht AG, General Electric Company, Koninklijke Philips N.V., Toshiba Corporation, Zumtobel Group AG, and IBM.
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Shriram Dighe
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.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 Industrial and Commercial LED Lighting Market Expected to Reach $79.49 Billion by 2023 here
News-ID: 1276435 • Views: …
More Releases from Allied Market Research
Mortar Ammunition Market Demand, Growth Opportunities, Analysis by Top Key Playe …
Mortar ammunitions are stealth, robust and modern devices that can launch to a counter at short and low nearing activities. Modern-age mortars are light in weight and portable in nature. These ammunitions generally come in two types: fin-stabilized and spin-stabilized. Fin-Stabilized projectiles obtain stability through use of fins located at the aft of projectile. Spin-stabilized projectile technology has been used for aerodynamic stabilization. Glided path is auto-tracked and spinning creates…
Orthodontic Headgear Market is Projected to Reach $2,094.00 Million by 2031, Gro …
The Orthodontic Headgear Market is a dynamic and integral segment of the orthodontic industry, playing a pivotal role in the correction of malocclusions and the alignment of teeth. Orthodontic headgear is a crucial orthodontic appliance used to address a wide range of dental and skeletal irregularities, such as overbites, underbites, and spacing issues. This market is witnessing substantial growth as orthodontic treatments become increasingly popular for both functional and cosmetic…
Olive Oil Market Analysis, Size, Growth, Trends, Segmentation, Opportunity and F …
The global olive oil industry was valued at $18,552.6 million in 2022, and is projected to reach $30,196.4 million by 2032, registering a CAGR of 5.2% from 2023 to 2032.
The olive oil market has experienced significant growth driven by several prime determinants. The increase in awareness and adoption of healthier lifestyles have led consumers to seek alternatives to traditional cooking oils, with olive oil being recognized for its numerous health…
Hotel Toiletries Market Revenue is expected to Surpass $50.5 billion by 2031
The hotel toiletries market was valued at $17.9 billion in 2021, and is estimated to reach $50.5 billion by 2031, growing at a CAGR of 10.8% from 2022 to 2031.
Get Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/75060
There is a greater demand for hotel toiletries with the growth of the tourism industry and the rise in international travel. Improved transportation, economic growth, globalization, technology advancements, and other initiatives have…
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…
