Architectural LED Products Analysis By Manufacturers GE Lighting, Galaxia, Cree, Cooper Industries, Signify N.V., Philips Lumiled Lighting

An LED light bulb or lamp is an electric light that is primarily used in light fixtures by using one or more light-emitting diodes. LED lamps are energy-efficient, have a longer lifespan, and use only a fraction of energy as compared to equivalent incandescent lamps. LED lights emit around 90% lesser heat than incandescent lamps. In the recent past, the prices of architectural LED products have decreased significantly, which in turn, has increased its adoption for various applications. In architectural lighting, both technology and art are used to attain aesthetically pleasant lighting and energy-efficient lighting. The architectural lighting is done for commercial as well as residential projects. According to Coherent Market Insights' analysis, the average selling price of LED products declined by 20% in 2014.

The global architectural LED products market is estimated to account for US$ 8,067.3 Mn in terms of value by the end of 2019

The main key players in the industry are-
Epistar Corporation, GE Lighting LLC, Galaxia, Cree Inc., Cooper Industries PLC, Signify N.V., Philips Lumiled Lighting Company LLC, Verbatim Ltd., Osram Licht AG, Toshiba Lighting & Technology Corporation, and Samsung Electronics.

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What does all the regional segmentation cover? Can the country of specific interest be added?
Currently, the research report pays particular attention to the following regions:
North America (United States, Canada, Mexico), Europe (Germany, United Kingdom, France, Italy, Russia, Spain, etc.), South America (Brazil, Argentina, etc.) and Middle East and Africa (Saudi Arabia, South Africa, etc.)
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Growing mergers and acquisitions among key players are expected to be a major trend
Key companies in the market are focused on strategic activities such as mergers and acquisitions, in order to enhance their presence in the global market and gain competitive edge. For instance, in May 2015, Leviton Manufacturing Co., Inc. acquired Intense Lighting LLC and expanded its product portfolio with the addition of the latter's LED lighting solutions for the residential, retail, commercial and hospitality sectors. Moreover, in September 2013, Magic Lite Ltd. acquired National Specialty Lighting--an architectural and specialty lighting company--in order to enhance its technological capabilities to manufacture advance LED lightings and presence in the U.S. architectural LED lighting market.

Strategic partnerships and collaborations with e-commerce platform providers is another major trend in the market
Growing adoption of LED lights in various industries have compelled architectural LED products providers and e-commerce companies to form strategic alliance, order to expand their consumer base and gain competitive edge in the market. For instance, in July 2014, Phillips Lighting Limited entered into a strategic alliance with Amazon.com, Inc. in order to enhance its presence in the market.

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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