Press release
Bluetooth LED Bulb Market 2021 Growing Demand, Size and Business Outlook - Delta Light N.V., Eaton Corporation PLC., Evluma, General Electric Company
The Bluetooth LED Bulb Market Research Report is an in-depth study that provides industry-leading insight into existing and emerging growth patterns, end-user analysis, and other key data that have been tested and validated by experts and industry professionals. The report studies the market for importance, share, Status, demand and supply, models, competitive landscape, industry chain analysis, and other significant factors. The report also provides a detailed overview of the driving forces of the industry, along with the micro and macro-economic factors that are likely to affect its development.The Bluetooth led bulb market is expected to register a CAGR of 9.44% over the forecast period of (2021 - 2026).
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The Top Key Players in the Global Bluetooth LED Bulb Market are like Acuity Brands Lighting Inc., Delta Light N.V., Eaton Corporation PLC., Evluma, General Electric Company, Ilumi Solutions Inc., LedvAcuity Brands Lighting Inc.ance GmbH, Luceco PLC., OPPLE Lighting Co., Osram GmbH, and Others.
Industry News and Update:
- October 2018 - General Electric announced that its smart LED bulbs series C had been integrated to work with Google Home devices via a Bluetooth connection, which will let the consumer control lightings through voice commands.
Key Market Trends
Asia-Pacific to be the Fastest Growing Market
- Asia-Pacific is currently experiencing a tremendous shift in lighting systems, where companies in this region have been identified to adopt LED lights in industries and manufacturing plants, as compared to its counterparts like incandescent and LFL owing to the improved efficiency of LED lighting systems.
- China has been gradually reducing the sale of incandescent light bulb products over the last five years, ensuring that outdated technology is replaced by something more advanced and profitable.
- In India, the government supported the plan of deploying cost-effective LED’s across the end-users has received a warm response. According to the government, LED adoption was driving an annual energy savings of over 3,340 crore kWh and resulting in avoidance of over 6,725 MW of peak demand. Also, the growing smart homes market in India is expected to increase the demand for Bluetooth LED bulbs.
Full browse the report description and TOC:
https://www.marketinsightsreports.com/reports/05202905649/bluetooth-led-bulb-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=28
What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Bluetooth LED Bulb Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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