Press release
Europe Led Lighting Market Competitive Dynamics & Global Outlook 2024 | Philips, Zumtobel, Osram, Trilux, Cooper Industries
Driven by growing visibility regarding the positive attributes of LED technology, Europe LED lighting market is showcasing signs of gain in growth momentum. LED lighting has been gaining traction due to lower maintenance, low energy consumption abilities, and extended lifespan of the LED lights. Intensifying awareness about energy-efficient solutions along with government initiatives directed towards fueling adoption of LED technology will augment Europe LED lighting industry share. Many cities in the region have started deploying LED lighting systems in streets, houses, buildings, etc. to lower energy consumption and reduce costs.According to the latest research report compiled by Global Market Insights, Inc., Europe LED lighting market is likely to surpass a valuation of $30 billion by 2024.
Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/3035
Top Key Players Are : Philips, Zumtobel, Osram, Trilux, Cooper Industries (Eaton Corporation), Panasonic Corporation etc
Highly efficient LED lights that facilitate quality lighting with lower energy costs and fewer environmental impacts have historically come at significantly higher prices. However, over time, the overall costs of energy lamps have significantly declined owing to increased market demands, government regulations and technological innovations.
According to a recent study by Danish Energy Agency, CLASP and Energy Piano, the price of LED lamps from high-quality suppliers in Europe are steadily declining and significantly improving in efficiency at a much quicker rate than previously predicted. The study found that the price points of LEDs presently are about 5 to 11 years ahead of the expert forecasts. In fact, LED lightings in Europe have become so affordable that some LEDs are expected to pay back for themselves in terms of energy cost savings in as little time as a year, that would further propel Europe LED lighting industry in the forthcoming years.
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Table Of Content:
Chapter 4 Europe LED Lighting Market, By Product
4.1 Key trends by product
4.2 Lamps
4.2.1 Market size & forecast, 2013 - 2024
4.3 Luminaires
4.3.1 Market size & forecast, 2013 - 2024
Chapter 5 Europe LED Lighting Market, By Installation
5.1 Key trends by installation
5.2 New installation
5.2.1 Market size & forecast, 2013 - 2024
5.3 Retrofit
5.3.1 Market size & forecast, 2013 - 2024
Chapter 6 Europe LED Lighting Market, By End-Use
6.1 Key trends by end-use
6.2 Residential
6.2.1 Market size & forecast, 2013 - 2024
6.3 Commercial
6.3.1 Market size & forecast, 2013 - 2024
6.4 Industrial
6.4.1 Market size & forecast, 2013 - 2024
6.5 Institutional
6.5.1 Market size & forecast, 2013 - 2024
6.6 Elderly care
6.6.1 Market size & forecast, 2013 - 2024
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/europe-led-lighting-market
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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