Press release
LED Lighting Industry | Analysis By Top Companies: MEAN WELL, Philips, Inventronics, Tridonic, Delta Electronics, Hubbell Lighting, MOSO Power, Eaglerise, TCI, OSRAM SYLVANIA, LIFUD
LED lighting, also known as solid-state lighting, is a semiconductor-based lighting technology. Light Emitting Diode (LED) is a solid-state semiconductor device, which can convert electricity directly into light.According to this study, over the next five years the LED Lighting market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2026, from US$ xx million in 2019. In particular, this report presents the global revenue market share of key companies in LED Lighting business, shared in Chapter 3.
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Major market player included in this report are:
MEAN WELL
Philips
Inventronics
Tridonic
Delta Electronics
Hubbell Lighting
MOSO Power
Eaglerise
TCI
OSRAM SYLVANIA
LIFUD
Market Segmentation
By Product:
DALI
1-10V
TRAIC
Trailing Edge
By Application:
Indoor Lighting
Outdoor Lighting
Special Lighting
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Global market is expected to witness significant growth on account of rising applications, so In the next few years, LED Lighting production will show a trend of steady growth. In 2020 the production of LED Lighting will reach MT, and the consumption increasing degree will be high. On product prices, the slow downward trend in recent years will maintain in the future.
Overall, although some factors limit the development of the market, because of the improvement of manufacturing technology, the LED Lighting industry will be promoted in coming years. Therefore, we recommend you enter into the field if you have fixed downstream customers.
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Research objectives
• To study and analyze the global LED Lighting consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2026.
• To understand the structure of LED Lighting industry by identifying its various subsegments.
• Focuses on the key global LED Lighting manufacturers, to define, describe and analyze the sales volume, value, industry share, industry competition landscape, SWOT analysis and development plans in next few years.
• To analyze the LED Lighting with respect to individual growth trends, future prospects, and their contribution to the total industry.
• To share detailed information about the key factors influencing the growth of the industry (growth potential, opportunities, drivers, industry-specific challenges and risks).
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