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Global Energy Efficient Lighting Technology Market - In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2018-2025 || Industry Key Players - Bajaj Electricals Ltd., Bridgelux Inc., Cree Inc., & Digital Lumens Inc.
MRRSE
Companies in the global market for energy efficient lighting technology are leveraging multi-pronged strategies to stay ahead of the curve. Product development is one of them. Many keen players are seen expending money into creation of sophisticated, affordable, and eco-friendly reliable lighting products to better satisfy the myriad demands of the market. Another popular strategy with companies is mergers and acquisitions, which not just helps them to diversify their product portfolios but also expand their geographical outreach. The global energy efficient lighting technology market will reach an estimated US$300 bn by 2025 by expanding at a CAGR of 7.9% between 2018 and 2025.
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The energy efficient lighting technology market has been segmented on the basis of product type, application, correlated color temperature and geography. Based on product type, the market has been further classified into incandescent lamp, light emitting diode, arc lamp and gas discharge lamps. Halogen lamp is a sub segment of incandescent lamp. Arc lamp is further segmented into xenon arc lamp, mercury xenon arc lamp, ultra high performance lamp and metal halide lamp. Similarly, gas discharge lamps can be further segmented into compact fluorescent lamp, linear fluorescent lamp, neon lamp, mercury vapor lamp, sodium vapor lamp, and electrode less lamp.
By application, the energy efficient lighting technology market is classified into commercial, residential, and government. On the basis of correlated color temperature, the energy efficient lighting technology market is classified into 2700K-3000K, 3500K – 4000K, 4000K- 5000K, 5000K-6500K, and More Than 6500K. Geographically, the report classifies the global energy efficient lighting technology market into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and South America. The regions are analyzed in terms of revenue and volume generation. Furthermore, region wise prominent countries covered in the report include the following - U.S, Canada, U.K., Germany, Italy, France, China, Japan, India, GCC countries, South Africa and Brazil.
The report also includes competition landscape which includes competition matrix, market share analysis of major players in the global energy efficient lighting technology market based on their 2016 revenues and profiles of major players. Competition matrix benchmarks leading players on the basis of their capabilities and potential to grow. Factors including market positioning, product offerings and R&D focus are attributed to company’s capabilities. Factors including top line growth, market share, segment growth, infrastructure facilities and future outlook are attributed to company’s potential to grow.
Company profiling includes company overview, major business strategies adopted, SWOT analysis and market revenues for year 2014 to 2016. The major players profiled in the global energy efficient lighting technology market include Bajaj Electricals Ltd., Bridgelux, Inc., Cree, Inc., Digital Lumens, Inc., Eaton Corporation, General Electric Co., LIGMAN Lighting Co., Ltd., LED Roadway Lighting Ltd., Nichia Corporation, OSRAM Licht Group, Philips Lighting Holding B.V., Toshiba Lighting & Technology Corporation, and Zumtobel Group AG.
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The global energy efficient lighting technology market is segmented as below:
Global Energy Efficient Lighting Technology Market, by Product Type
Incandescent Lamp
Halogen Lamps
Light Emitting Diode
Arc Lamp
Xenon Arc Lamp
Mercury Xenon Arc Lamp
Ultra High Performance Lamps
Metal Halide Lamp
Gas Discharge Lamps
Compact Fluorescent Lamp
Linear Fluorescent Lamps
Neon Lamp
Mercury Vapor Lamp
Sodium Vapor Lamp
Electrode less Lamp
Global Energy Efficient Lighting Technology Market, by Application
Commercial
Residential
Government
Global Energy Efficient Lighting Technology Market, by correlated color temperature
2700K-3000K
3500K – 4000K
4000K- 5000K
5000K-6500K
More Than 6500K
Global Energy Efficient Lighting Technology Market, by Geography
North America
The U.S.
Canada
Rest of North America
Europe
U.K.
Germany
Italy
France
Rest of Europe
Asia Pacific (APAC)
China
Japan
India
Rest of APAC
Middle East and Africa (MEA)
GCC
South Africa
Rest of MEA
South America
Brazil
Rest of South America
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