Press release
Industrial and Commercial LED Lighting Market Size, Key Futuristic Trends, Opportunities and Outlook Analysis - Koninklijke Philips Electronics N.V., Cree, Inc., GE Lighting Solutions, Toshiba Corporation, Digital Lumens, Inc., Osram Licht AG, Dialight Pl
In the industrial and commercial sector, LED lights are used in walkway and outdoor lighting, parking and garage lighting, street lighting, modular lighting, and task lighting. These lights are energy efficient, durable, and longer lasting as compared to other lighting systems. LEDs emit light in a specific direction, and offer very little heat as compared to incandescent bulbs, increasing their demand in the global Industrial and Commercial LED Lighting market market.Request Sample for more Professional and Technical insights @
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Industrial and Commercial LED Lighting Market generated USD 47.2 billion in 2017 and is anticipated to grow at a CAGR of 22.7% during the forecast period according to a new research published by Polaris Market Research.
The demand for Industrial and Commercial LED Lighting has increased over the years owing to rising construction of new structures, and renovation of existing structures. Consumers are increasingly adopting LED lighting systems owing to their higher energy efficiency. The increasing investment by governments in development of infrastructure and introduction of stringent regulations regarding energy consumption support the market growth. Other factors supporting the Industrial and Commercial LED Lighting Market growth include rising demand from emerging economies, increasing consumer awareness, and technological advancements.
Leading companies profiled in Industrial and Commercial LED Lighting Market report include: -
• Koninklijke Philips Electronics N.V.
• Cree Inc.
• GE Lighting Solutions
• Toshiba Corporation
• Digital Lumens Inc.
• Osram Licht AG
• Dialight Plc
• Cooper Industries Plc
• Deco Lighting Inc.
• Sonaray LED Lighting
For 'Queries' related to this research report, Make an Enquiry @
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Regional Outlook and Competitive Landscape: -
The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Industrial and Commercial LED Lighting Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific. The Asia-Pacific market generated the highest revenue in 2017 owing to the growing construction sector and development of efficient infrastructure in the region. The increasing awareness regarding adoption of energy efficient lighting solutions supports the market growth in the region. The growing government investment in development of infrastructure in the region further boosts the market growth.
The global Industrial and Commercial LED Lighting market is characterized by the presence of well-diversified international and small and medium-sized vendors. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater to the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.
Table of Content of Industrial and Commercial LED Lighting Market:
Chapter 1. Overview and Scope
Chapter 2. Market Summary
Chapter 3 Industrial and Commercial LED Lighting Market Size and Forecast
Chapter 4. Dynamics and Segmentation
Chapter 5. Detailed Insight on Key Company
Chapter 6. Research Methodology and Reference
Chapter 7. Competitive Landscape
TOC Continued…...!!!!
About Us:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.
Contact Us:
Mr. Neel
Corporate Sales, USA
Polaris Market Research and Consulting
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com
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