Press release
Architectural LED Products Market Driven by Global Push for Greater Energy Efficiency
A fresh business and commerce publication by Persistence Market Research has reiterated the faith in the global architectural LED products market, projecting the demand to expand at a CAGR of 17.3% during the forecast period of 2017 to 2021. However, while there are mushrooming opportunities in the architectural LED products market, the analysts of the report have also made aware that the vendor landscape is highly competitive. And to stay ahead of the curve, players will have to continuously improve their technology. For instance, Toshiba Lighting and Technology Corporation and GE Lighting LLC, who are among the pioneering companies of LED light bulb, are concentrating on developing smart LED lighting for smart homes, with energy efficiency at its backbone. The trailblazer companies have realized the growing ubiquity of smartphones and exceptional possibilities of the Internet of Things (IoT) to attract new customers. Philips Lumileds Lighting Company, Cooper Industries PLC (Eaton Corporation), Osram Licht AG, Cree, Inc., Epistar Corporation, and Samsung Electronics Co. Ltd. are some of the other key companies currently functional in the global architectural LED products market.Request to Sample Report @ https://www.persistencemarketresearch.com/samples/8074
Global Architectural LED Products Market to be Worth US$ 10,751.1 Mn by 2021
As per the evaluations and estimations of this report, the opportunities in the architectural LED products market, across the world, will translate into a revenue of US$10,751.1 mn by the end of 2021, substantially more than its calculated valuation of US$5,672.2 mn in 2017. Apart from technological advancements, another key strategy for the major players to maintain their stronghold over the market will be to collaborate with government agencies and construction companies to expand their consumer base. A number of aforementioned key players are also expected to indulge into decorative outdoor lighting and security application to carve a niche for themselves.
Market Segmented Based on Product, Application, and Region
Based on product type, the report has segmented the global architectural LED products market into solar and conventional, which is further sub-segmented into lamps and strip and linear. Application-wise, the market has been bifurcated into wall washing, in ground, cove lighting, backlight, and other applications. The market for architectural LED products has also been categorized on the basis of end user into residential and commercial, which is further divided into retail, banking, financial services, and insurance (BFSI), IT and telecommunication, healthcare, media and entertainment, and others. Geographically, Asia Pacific has been highlighted as the region with maximum potential, primed to contribute more than half of the overall demand in the global architectural LED products market.
Request Report TOC @ https://www.persistencemarketresearch.com/methodology/8074
Decreasing Cost of Technology Driving Demand
Growing emphasis on energy efficiency and decreasing cost of LED products on the back of technological advancements are the primary drivers of the architectural LED products market. LED products not only consume considerably less power but they have much longer lifespan than conventional incandescent bulbs. Additionally, it is also possible to size and shape LED products in a broader way their predecessors, which comes in very handy to meet diverse demands from decoration to depth. Government initiatives to promote products that offer higher energy efficiency in an increasing power-starved environment, increasing consumer inclination towards luxurious lifestyle, and uniformity in trade standards and treaties are some of the other factors expected to reflect positively on the market for architectural LED products market. On the other hand, requirement of substantial initial cost and increasing consumer inclination towards other alternatives such as fluorescent technology are a few restraints challenging the market from attaining its true potential. That being said, tie-ups with real estate and ecommerce players is expected to open new opportunities in this market.
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:
Persistence Market Research
305 Broadway,7th Floor
New York City, NY 10007
United States
T: +1-646-568-7751
Tollfree: +1 800-961-0353
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 Architectural LED Products Market Driven by Global Push for Greater Energy Efficiency here
News-ID: 1515476 • Views: …
More Releases from Persistence Market Research

North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market
The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and…

Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts.
Forged automotive components are critical to…

Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the…

Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring…
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…