openPR Logo
Press release

LED Markets Widen Its Roots By Virtue Of Its Longer Lifespan

06-15-2016 10:58 AM CET | IT, New Media & Software

Press release from: Transparency Market Research,

Global LED Market: Overview

Defined by energy efficiency and improved controllability, the advent of light-emitting diodes (LED) is considered revolutionary. By late 2014, LED lighting constituted a substantial share of the global lighting market. The trend is anticipated to continue through the report’s forecast period from 2016 to 2024.

Free PDF Sample : http://bit.ly/1Updmih

A light emitting diode is defined as a two-lead semiconductor light source. Being a p-n junction diode, it emits light when activated. The recent developments introduced in LEDs allow them to be used in environmental lighting. LEDs have been witnessing surging demand worldwide due to the advantages they offer over incandescent light sources. These include lower energy consumption, improved physical robustness, longer lifetime, faster switching, and smaller size.LEDs boast disparate characteristics. Thus, their applications are as diverse as aviation lighting, headlamps, automotive, general lighting, forensic, health care, advertising, signals and signage, lighted wallpapers, camera flashes, mobile devices, and electronic devices. LEDs have emerged as a powerful source for lighting; however, they remain somewhat more expensive and require more precise heat and electricity management than compact fluorescent lamps of similar output.

Global LED Market: Key Opportunities and Threats

The growing awareness among consumers about the benefits of the longer lifespan of LEDs has been leading to their widespread adoption. The market is also expected to gain impetus from the declining prices of LED lamps, their growing application in display back lighting, and the high efficacy offered by LED lamps.

Full Report Available at : http://bit.ly/1re6XyS

In the initial days, the application of LED lighting was limited to certain specific purposes and had not entered the mainstream. The emergence of LED in general lighting applications also helped the market to gain momentum. Given its rapid proliferation, the market for LED lighting is soon expected to surpass the conventional market for CFL. However, the high initial cost of LEDs has been restricting their initial acceptance. Nevertheless, considering the longer lifespan of LED lamps, the overall cost incurred on these lamps is found to be lower than CFLs. This is a crucial factor driving the global LED market.The market also has been gaining from the growing application of LED in display and digital signage or large screens. This, coupled with the falling prices of the technology, would positively influence the growth exhibited by the market during the forecast period. Various technologies are used in the manufacturing of LED products. Chips and components are basic materials used in the production of LED lamps.

Global LED Market: Vendor Landscape

Enterprises operating in the global LED market are strategically diverse, as they operate at various levels of the market’s value chain. Some of these enterprises focus only on manufacturing LED chips and components, while others are involved in the production of lamps and luminaries. Besides this, there are other companies that are engaged in the delivery and transportation of final products. The rising demand for LED in newer applications would also provide opportunities for the entry of new players in the market.

Geographies analyzed under this research report include

North America
Asia Pacific
Europe
Middle East and Africa
Latin America

This report provides comprehensive analysis of

Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

90 Sate Street, Suite 700
Albany, NY 12207

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 Markets Widen Its Roots By Virtue Of Its Longer Lifespan here

News-ID: 344065 • Views: 385

More Releases from Transparency Market Research,

Bitter Melon Extract Market: Historical Growth, Future Outlook, Demand Analysis …
The bitter melon extract is the extract obtained from the bitter melon fruit that is grown widely in Asia, Africa, and the Caribbean. Due to the bitterness of the bitter melon extract, they are unpalatable for most of people. But there are significant medicinal advantages of the bitter melon extract, which is why they are grown so extensively. The fruit of bitter melon is extracted, concentrated, purified and then dried
Global Class III Milk Industry Research, Development, Rapid Growth, Business Opp …
Class III milk is often utilized in various packaged food processing as well as dairy processing industries. Class III milk plays an important role in food servicing industries as a key ingredient in producing cheesy food servings which have amplified its demand in recent years. Since the products derived from of class III milk are used in various food processing and food servicing industries, class III milk is gaining traction
Sugar Substitutes Market Trends: In-Depth Analysis Of Competitive Landscape, Out …
Growing inclination to migrate to diets with less calorific contents has been a key enabler as well accelerator of product developments in the sugar substitutes market. Food companies have also been finding attractive revenue potential on sugar substitutes. Several brands containing sugar substitutes are garnering attention by and acceptance of populations in developed economies. A case in point is stevia-based functional food products. This is one of the significant trends
Global Frozen Processed Food Market Size Set To Encounter Paramount Growth With …
According to the research report, the frozen processed food market is estimated to reach an overall valuation of US$69.11 bn by the fall of 2021. This is a substantial increase from the initial valuation of US$57.50 bn back in 2014. This growth of the market is expected to be achieved with the help of a modest CAGR of 2.7% over the course of the given forecast period of 2015 to

All 5 Releases


More Releases for LED

LED Supply Chain
This report covers market size and forecasts of LED Supply Chain, including the following market information: Global LED Supply Chain Market Size, 2019-2021, and 2020 (quarterly data), (US$ Million) Global LED Supply Chain Market Size by Type and by Application, 2019-2021, and 2020 (quarterly data), (US$ Million) Global LED Supply Chain Market Size by Region (and Key Countries), 2019-2021, and 2020 (quarterly data), (US$ Million) Global LED Supply Chain Market Size by Company, 2019-
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
Global LED Packaging Market
Global LED Packaging Market is expected to reach US$ 34.29 Bn by 2026 from US$ 18.2 Bn in 2016 at a CAGR of 6.54%. The factors such as increasing demand for high power grade LED packages for lighting applications, rising demand for LED packages in the display panel market, growing government initiatives and regulations for adoption of energy-efficient LED lighting and increasing demand for smart LED lighting solutions are responsible
LED Lighting Optics Market
“Global LED Lighting Optics Market Insights, Forecast to 2025” This report researches the worldwide LED Lighting Optics Market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions. The report provides a unique tool for evaluating the Market, highlighting opportunities, and supporting strategies. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date Marketing information is essential to monitor
LED Flashlight Market 2017 - SureFire, LED Lenser, Pelican, NovaTac
Apex Research, recently published a detailed market research study focused on the "LED Flashlight Market" across the global, regional and country level. The report provides 360° analysis of "LED Flashlight Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global LED Flashlight industry, and estimates the future trend of LED Flashlight market on