LED Market - Future Opportunities and Current Industry Trends: Top Key Players: Panasonic, LG, Samsung, Philips, Toshiba Corp, Cooper Industries Plc., Cree Corporation, Osram Opto, Dialight Plc
Download Sample Copy of LED Market @ www.infiniumglobalresearch.com/reports/sample-request/1869
Cree Optimizes LED Technology for the Connected Lighting Future
In August 2018- Cree, Inc. (Nasdaq: CREE) announces the XLamp® XP-G3 S Line LED, an extension of the industry-leading XLamp XP-G3 LED that is optimized for the connected lighting future. With the XP-G3 S Line, Cree delivers high-power LED technology optimized for long-lifetime, high-power general lighting applications where sensors and the internet of things (IoT) are becoming common, such as commercial indoor, parking, industrial and roadway.
The new XP-G3 S Line LED further improves the standard XP-G3 with better reliability through switching and dimming cycles, improved resistance to sulfur exposure and higher light output and efficacy. This more robust version of the XP-G3 LED delivers excellent LED system reliability in all lighting applications, including those with harsher environments.
Alternative to fluorescent and CFL lamps to promote growth in the LED market
The benefits offered by LED light bulbs is that it can save money not only because they are roughly 80% more energy efficient than other bulbs, they also produce far less heat than metal halides, CFLs, and incandescent light bulbs. LED’s are one of today’s most promising technology as no mercury makes them a cleaner alternative to fluorescent and CFL lamps. On the other hand, LED replacement bulbs are durable and ecologically friendly. They can be recycled to reduce the carbon footprints up to one third as they can stay bright up to 11 years of continuous operation. The rapid rise of light emitting diode (LED) lighting as a viable option for commercial and industrial applications, government projects, and upcoming smart building projects has flooded the market with a wide array of products and information.
The major application of LED also comes in lightining ,consumer electronics and automotive. Lighting contributes principle needs such as ambience, performance,comfort and an environment where one can feel the space. In consumer devices, LCD reflective display technology can truly put the device in front. The revolutionary LED front light guide panel enables battery savings, thinner display stacks, daylight readability for any use such as home assistants, tablets, e-readers, cyclometers, GPS devices and so on. Automotive applications for LED include interior lighting such as dome, dash and footwell lighting, indicator and telltale lights and infotainment backlighting as well as exterior functions such as tail lights, turn signals, brake lights including CHMSL (center high-mount stop lamps), parking lights, side marker lights, fog lamps and daytime running lights (DRLs).
Declining LED prices coupled with favorable government initiatives to drive the growth of the LED market. Moreover, technological advancements and the shift from conventional to green lighting with enhanced energy efficiency standards are strengthening the growth of the LED market. However, levy of GST on LED lights and raw materials causes the revenue leakage. This, in turn, is curtailing the growth of the LED market.
Buy LED Market Research Report @ www.infiniumglobalresearch.com/reports/purchase/1869
Since the LED lights range from a lower price, local manufacturers receive low margins which in turn brings intense competition from Chinese Players as their products are available at cheaper price points though of substantial quality. Furthermore, expansion in infrastructure development such as roads and the growing preference of people towards energy efficient and innovative lighting solutions are creating several growth opportunities for the key players in the LED market. On the other hand, IOT shall be next technology where several devices shall be linked to one as lighting has become like data. Technologies such as Li-Fi that is basically like Wi-Fi but with light and indoor positioning which tracks people’s positions to use luminaries are on the basis of visible light communication. The market for LED lighting is soon expected to surpass the conventional market for CFL.
Asia Pacific region to contribute to growth in the global LED market
Asia Pacific dominated the LED market. Taiwan, Japan, and China are the key contributors to regional growth owing to initiatives undertaken by the respective governments for acceptance light emitting diodes and existence of a large number of market players. Currently, the demand for LED lighting in India is largely driven by Metros, because of stronger awareness. Philips and Panasonic active involvement in the Indian market and are also indicators of LED market potential. The Indian market continues to be mainly driven by the government which makes up 51% of all LED orders. In recent years, U.S. has announced new policies and guidelines regarding the use of light emitting diode technology, invested in research and development of energy-efficient lighting solutions. Moreover, In European countries, the price of LED lamps is anticipated to compete with compact fluorescent lamps by 2018 that shall further speed up the shift from CFLs (Compact fluorescent lamp) to light emitting diodes.
Infinium Global Research and Consulting Solutions is started with a single motto of being business partner of first choice. We at Infinium work on the strengths of our clients to ensure we help them consolidate their market position. We firmly believe in the fact that ‘if you are able to develop newer opportunities then you find there is no dearth of opportunities for you. With our strategic research approaches and deep dive in the market segments, we try to find out new opportunities that our clients can encash with their existing resources. Our experts with over 100 years of cumulative experience in research offer the best in the industry services to our clients to ensure that they achieve their business goals.
Infinium Global Research
This release was published on openPR.
Permanent link to this press release:
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 Market - Future Opportunities and Current Industry Trends: Top Key Players: Panasonic, LG, Samsung, Philips, Toshiba Corp, Cooper Industries Plc., Cree Corporation, Osram Opto, Dialight Plc here
News-ID: 1568482 • Views: 573
More Releases from Infinium Global Research
Genome Engineering Market: Global Industry Analysis, Trends, Market Size and For …
Our latest research report entitled Genome Engineering Market (by technology (clustered regularly interspaced short palindromic repeats, and other), application (cell line engineering, animal genetic engineering, and other) and end-user (biotechnology & pharmaceutical companies, academic & government research institutes and others)) provides complete and deep insights into the market dynamics and growth of Genome Engineering. Latest information on market risks, industry chain structure Genome Engineering cost structure and opportunities are offered
Computed Tomography Market 2018 : Global Industry Growth, Opportunities, Consump …
Our latest research report entitled Computed Tomography Market (by application (cardiovascular, oncology, diagnostics, neurology, and spinal application), types (low slice, medium slice, and high slice), end- user (diagnostic services, hospitals and clinics)) provides complete and deep insights into the market dynamics and growth of Computed Tomography. Latest information on market risks, industry chain structure Computed Tomography cost structure and opportunities are offered in this report. The past, present and forecast
Global Protein Ingredients Market – Invention Analysis, Size, Share, Evolution …
Our latest research report entitled Protein Ingredients Market (by source (animal source and plant source), application (food & beverage, cosmetics & personal care, infant formulations animal feed and pharmaceuticals)) provides complete and deep insights into the market dynamics and growth of Protein Ingredients. Latest information on market risks, industry chain structure Protein Ingredients cost structure and opportunities are offered in this report. The past, present and forecast market information will
Global Hospital Beds Market 2018 Industry Demand, Segment, Statistics Report 202 …
Our latest research report entitled Hospital Beds Market (by usage (general beds, pediatric beds, pressure relief beds, bariatric beds and birthing beds), types (electric beds, manual beds, semi-electric beds), treatment (acute care bed, long term care beds)) provides complete and deep insights into the market dynamics and growth of Hospital Beds. Latest information on market risks, industry chain structure Hospital Beds cost structure and opportunities are offered in this report.
More Releases for LED
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
Global LED Packaging Market
Global LED Packaging Market is expected to reach US$ 34.29 Bn by 2026 from US$ 18.2 Bn in 2016 at a CAGR of 6.54%. The factors such as increasing demand for high power grade LED packages for lighting applications, rising demand for LED packages in the display panel market, growing government initiatives and regulations for adoption of energy-efficient LED lighting and increasing demand for smart LED lighting solutions are responsible
LED Lighting Optics Market
“Global LED Lighting Optics Market Insights, Forecast to 2025” This report researches the worldwide LED Lighting Optics Market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions. The report provides a unique tool for evaluating the Market, highlighting opportunities, and supporting strategies. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date Marketing information is essential to monitor
LED Services Market - Energy Efficiency of LED Lighting Boosts Uptake
The world LED services market is projected to be highly competitive with many crucial market players vying to withstand the market competition with innovative product offerings and by improving the functionality of their already existing products. Sponsorship of industry events and various long term lighting contracts are some of the significant growth strategies for the success of this market. One of the significant growth promoting elements of the world market for
Global Led Writing Board
Global Led Writing Board: Led Writing Board Report by Material, Application, and Geography – Global Forecast to 2021 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China). For sample report: http://www.reporthive.com/request-sample.php?id=809563 The report firstly introduced the Led Writing Board basics: definitions, classifications, applications and