LED Lighting Market 2022 Technology Growth Analysis - Cree, LEOTEK, GE Lighting, Hubbell, Philips Lighting

The report presents an in-depth assessment of the LED Lighting including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for LED Lighting investments from 2022 till 2028.

The LED lighting market was valued at USD 85.81 billion in 2020, and it is expected to reach USD 180.03 billion by 2026, at a CAGR of 16.25% over the forecast period 2022 - 2028.

The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global LED Lighting Market: Cree, LEOTEK, GE Lighting, Hubbell, Philips Lighting, Osram, Excellence Optoelectronics, Eaton Cooper, Acuity Brands, Kingsun, LED Roadway Lighting and others.

(Special Offer: Get flat 25% discount on this report)

Click the link to get a free Sample Copy of the Report:

https://www.marketinsightsreports.com/reports/04301212818/global-led-lighting-systems-market-insights-forecast-to-2025/inquiry?source=MW&Mode=47  

Market Overview & Regional Analysis

LED stands for light-emitting diode. LED lighting products produce light approximately 90% more efficiently than incandescent light bulbs, such as fluorescent and incandescent lights. About 95% of the energy in LEDs is converted into light, and only 5% is wasted as heat, which is leading consumers to opt for a more efficient form of lighting. The market is segmented by different LED lighting applications, such as indoor and outdoor, with various sub-applications. The indoor segment is further segmented into residential, commercial, industrial, and government in the indoor segment. The market is further segmented into highway and roadway, architectural, and public places in the outdoor segment.

Latin America is Expected to Occupy Significant Market Share

In Latin America, nearly 80% of the total population resides in urban areas, which is expected to rise during the forecast period. By the end of 2045, urban dwellers are estimated to increase by two billion globally. Thus, in such a scenario, it becomes essential for countries to use energy more efficiently and fuel the market's growth.

The growth of the LED lighting market in the region can be attributed to the declining manufacturing cost of LEDs and the increasing demand for energy-efficient and sustainable lighting. For instance, Brazil, which used to export LEDs, has now set up many manufacturing facilities to accelerate its adoption in commercial, industrial, and government public sectors.

Industry News-

SMART Global Holdings Completes the Acquisition of Cree LED

“The closing of our acquisition of Cree LED represents an important milestone in our growth and diversification strategy,” said Mark Adams, President & CEO of SMART Global Holdings. “Cree LED’s focus on specialty lighting fits well with our other specialty businesses in computing and memory. Cree LED brings outstanding customer relationships, industry leading technology and product development capabilities, plus expansive R&D expertise and strong IP with more than 2,000 patents. In addition, we feel the Cree LED acquisition represents great value for our shareholders offering strong margins and cash flow while being accretive to our non-GAAP EPS. We are excited to welcome the global team members at Cree LED to the SGH family.”

Global LED Lighting Market Split By Product Type And Applications:

This report segments the global LED Lighting Market on the basis of Types are:

100W

100-150W

150W

On the basis of Application, the Global LED Lighting Market is segmented into:

Residential

Commercial 

Inquire for Discount:

https://www.marketinsightsreports.com/reports/04301212818/global-led-lighting-systems-market-insights-forecast-to-2025/discount?source=MW&Mode=47  

Regional Analysis -

For comprehensive understanding of market dynamics, the global LED Lighting Market is analysed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India and others. Each of these regions is analysed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Influence of the LED Lighting Market report:

-Comprehensive assessment of all opportunities and risk in the LED Lighting Market.

-LED Lighting Market recent innovations and major events.

-Detailed study of business strategies for growth of the LED Lighting Market-leading players.

-Conclusive study about the growth plot of LED Lighting Market for forthcoming years.

-In-depth understanding of LED Lighting Market-particular drivers, constraints and major micro markets.

-Favourable impression inside vital technological and market latest trends striking the LED Lighting Market.

The report has 150 tables and figures browse the report description and TOC:

https://www.marketinsightsreports.com/reports/04301212818/global-led-lighting-systems-market-insights-forecast-to-2025?source=MW&Mode=47  

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.

-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.

-Analytical Tools: The Global LED Lighting 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, feasibility study, and investment return analysis have been used to analysed the growth of the key players operating in the market.

Finally, LED Lighting Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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.

Contact Us:

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 Chinese and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations

Address:
Market Insights Reports
Phone: + 1704 266 3234 | Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com

This release was published on openPR.