Press release
Led Lighting Solutions Market In-Depth Analysis, Emerging Trends and Forecast - 2033
LED lighting products able to produce light around 90% more efficient than traditional light sources. LED lamps possess a long lifetime, are energy efficient, and offer a service life of 50,000 hours or more. Decreasing prices of LED lights help penetrate the commercial lighting market, and these can be used in offices, commercial buildings, restaurants, stores, schools, and, hospitals.
• In April 2021, SYSKA announced a cheap LED bulb meant for rural areas. The company plans to sell 10 million LED bulbs at Rs 10/piece across India.
Request the sample copy of report @ https://www.persistencemarketresearch.com/samples/14905
Such development are driving demand for LEDs products. Adoption of LED solutions instead of incandescent and CFLs helps reduce electricity demand and increase efficiency, which is expected to drive market growth over the coming years.
Key Takeaways from Market Study
• By product type, the LED luminaire segment is anticipated to account for a leading share in the global market during the forecast period. The LED lighting solutions segment is estimated to expand at a robust CAGR of 14% through 2031.
• Installation services will be a dominating segment and rise at a CAGR of nearly around 21% from 2021 to 2031.
• East Asia is expected to lead the market, followed by North America. South Asia & Pacific is anticipated to emerge as the fastest-growing regional market over the decade.
• The market in India is expected to progress at a CAGR of almost 18% through 2031.
• In GCC countries, sales are expected to increase at a CAGR of close to 17% over the next ten years.
"Increasing initiatives toward green energy & energy-efficient projects by governments and emergence of smart cities across the globe have led to a spur in the demand for LED lighting solutions," says a Persistence Market Research analyst.
Technology Trends Such as Human-Centric Lighting & Contactless Lighting Fueling Demand for LED Solutions
In recent years, the corporate sector has grown at a significant rate and employees work around 8-10 hours a day. Thus, organizations are focusing on designing workplaces considering human ergonomics. Human-centric lighting helps create a work environment that balances the human body's internal biological environment.
• For instance, in June 2019, Wipro launched the Human Centric Lighting (HCL) solution (inSync). This new solution can imitate sunlight inside the workplace and works in harmony with the Earth's natural lighting cycle. It improves employees' concentration, mood, well-being, and productivity.
For In-Depth Competitive Analysis, Buy Now @ https://www.persistencemarketresearch.com/checkout/14905
Contactless lighting also helps boost the smart lighting ecosystem. Light fidelity (Li-fi) is mobile wireless technology that transfers data with the help of light instead of radio frequencies. It helps in power cost reduction, increases efficiency, and consumption of the Li-Fi network. Therefore, increasing use of LEDs in applications such as human-centric lighting, contactless lighting, Li-Fi, and many more are driving demand for LED lighting solutions.
Key Players :
• GE Lighting, LLC
• SMART Global Holding
• Sharp Corporation
• Havells
• Eaton Corporation (Cooper Industries PLC)
• Samsung Electronics Co. Ltd.
• Philips Lumileds Lighting (Signify NV)
• Toshiba Lighting and Technology Corporation
• Acuity Brands Lighting, Inc.
• Hubbell Lighting, Inc.
• OSRAM Licht AG
• Surya
• SYSKA
• Seoul Semiconductor
• Everlight
More Valuable Insights on Offer
Persistence Market Research's report on the LED lighting solutions industry research is segmented into five major sections - product type (LED bulbs, bare LED tubes, LED luminaire, LED down lights, and others), service (consulting services, installation services, and maintenance & support services), end user (residential, commercial, and industrial), application (outdoor, indoor, backlighting, automotive, and others), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa), to help readers understand and evaluate the lucrative opportunities in the market.
Request For Report Customization @ https://www.persistencemarketresearch.com/request-customization/14905
Trending Reports -
US Beauty Devices Market - https://www.persistencemarketresearch.com/market-research/us-beauty-devices-market.asp
Semiconductor Assembly Test Services Market - https://www.persistencemarketresearch.com/market-research/semiconductor-assembly-test-services-market.asp
Smart Mirror Market - https://www.persistencemarketresearch.com/market-research/smart-mirror-market.asp
Smart Machines Market - https://www.persistencemarketresearch.com/market-research/smart-machines-market.asp
About us:
Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
Contact us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Led Lighting Solutions Market In-Depth Analysis, Emerging Trends and Forecast - 2033 here
News-ID: 2873731 • Views: …
More Releases from Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for LED
HSC LED Successfully Delivers Taxi LED Displays to Moldova
HSC LED [https://www.hscled.com/] is pleased to announce the successful completion of a major project involving the delivery of taxi LED displays to Moldova. This achievement underscores our dedication to providing high-quality, innovative LED display solutions to global markets.
Image: https://www.abnewswire.com/upload/2025/03/c632e02b61fa3f45fb036d4012a026b5.jpg
This project involved the production and deployment of state-of-the-art taxi top LED displays, designed for high visibility, durability, and intelligent operation. Equipped with high brightness levels, waterproof protection, and efficient heat dissipation,…
Enhancing LED Lighting: What is a reflective LED light?
Nowadays, LED lights [https://www.cnblight.com/products/] have become the mainstream of lighting. There is an interesting question, why do LED lights in homes nowadays, whether they are desk lamps, pendant lamps, ceiling lamps, etc., often need to add a lamp shell? You should know that LED lights emit solid light, unlike traditional lamps such as incandescent lamps and fluorescent lamps, which require a lamp shell on the outside.
There are many reasons that…
Global Backlight LED Market| Global Backlight LED Industry | Backlight LED Marke …
The backlight LED market comprises of sales of Backlight LED & related services. LED backlight is a flat panel display that uses LED backlighting instead of cold cathode fluorescent (CCFL) backlighting. LED backlight displays also use thin-film-transistor liquid-crystal display (TFT LCD) technologies that offer better contrast and brightness, reduced energy consumption, greater color range more quick response to changes in the scene, and photorefractive effects. These displays are small chips…
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation li …
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation like Lamp-LED, Side-LED, TOP-LED, High-Power LED, SMD-LED, and Flip-Chip LED & more
The LED market is one of the quickly growing segments as they are replacing the traditional lighting equipment like bulbs due to their high efficiency and power saving capability. The LED packaging industry is also growing with innovations along with the LED industry as new technologies are being included…
Global LED Driver (LED Lighting Driver) Market Research Report
This report studies the global LED Driver (LED Lighting Driver) market status and forecast, categorizes the global LED Driver (LED Lighting Driver) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions.
Get sample copy of the report:
https://www.marketdensity.com/contact?ref=Sample&reportid=68754
Table of Contents:
Table of Contents
Global LED Driver (LED Lighting Driver) Market Research Report…
LED Driver And Chipset Market - Tax Exemptions For LED Technology Encourage Use …
Transparency Market Research, in a report titled “LED Driver and Chipset Market - Global Industry Analysis, Trend, Size, Share and Forecast 2015 - 2021,” states that the global LED driver and chipset market is projected to expand at a remarkable CAGR of 23.20% during the forecast period. The report states that the outstanding growth of the overall LED market in recent times will push the value of the LED driver…
