openPR Logo
Press release

Industrial and Commercial LED Lighting Market to Exhibit 30.8% CAGR 2013-2019 due to Growing Demand from Commercial Sector

10-10-2016 07:55 PM CET | IT, New Media & Software

Press release from: TMR Research Reports

The high level of brightness, high efficiency, reliability, and longer lifespan of LED lights have led to their extensive usage. These lights are manufactured using semiconductor components and they emit lesser radiated heat as compared to fluorescent and incandescent lights. CFLs and incandescent bulbs emit over 75% heat. While incandescent bulbs emit large amount of carbon-dioxide, fluorescent lights emit harmful gases. As LED lights are environment-friendly, they are being increasingly used across various sectors.

The report states that the high efficiency and durability of LED lights has boosted their demand across the industrial and commercial sectors. Various initiatives taken by governments such as ban on incandescent lights and attractive payback on usage of LED lights have further fuelled the growth of the global industrial and commercial LED lighting market. However, the dominance of fluorescent lamps and high initial costs of LED lights are expected to impede the growth of the market during the forecast period. The overall market has a huge opportunity to grow with the increasing trend of patent filings and the rising awareness about smart lighting, especially across emerging economies.

On the basis of end users, the report categorizes the global industrial and commercial LED lighting market into commercial, industrial, architectural, and outdoor. The commercial segment has been further divided into educational institutes, retail shops, hotels and restaurants, office buildings, and warehouses and storages. In 2012, the commercial segment held 52.5% of the market.

The report studies the industrial and commercial LED lighting market across four key regions: Europe, Asia Pacific, North America, and Rest of the World. Europe dominates the overall market and held a share of 33.1% in the global market in 2012. The growth of the market in Europe can be attributed to the growing investments by various governments in the region. The complete ban on the manufacturing and import of incandescent lamps has also fuelled the growth of this regional market. The U.K., Denmark, Russia, and Germany are the key countries driving the growth of the Europe industrial and commercial LED lighting market.

Describing the competitive hierarchy, the report profiles some of the key players in the global industrial and commercial LED lighting market such as Digital Lumens Inc., Cooper Industries plc, Osram Lict AG, Koninklijke Philips Electronics N.V., Dialight plc, Cree Inc., GE Lighting Solutions, Zumtobel AG, and Toshiba Corporation. The report further provides insightful information about the key players including their financial overview, research and development status, and product portfolio.

According to a recent market research report published by Transparency Market Research, the global industrial and commercial LED lighting market is projected to take a leap at a CAGR of 30.8% during the period between 2013 and 2019. The report, titled “Industrial And Commercial LED Lighting Market - Global Industry Size, Market Share, Trends, Analysis And Forecast, 2013 - 2019,” forecasts the global industrial and commercial LED lighting market to reach a valuation of US$86.0 bn by 2019. The market was worth US$12.9 bn in 2012.

Browse the full Industrial And Commercial LED Lighting (Industrial, Commercial, Architectural, And Outdoor) Market - Global Industry Size, Market Share, Trends, Analysis And Forecast, 2013 - 2019 report at

Global industrial and commercial LED lighting market has been segmented as:

Industrial and Commercial LED Lighting Market by End user

Office buildings
Hotel & restaurants
Retail shops
Educational institutes
Warehouse & storages

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.

Transparency Market Research
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

This release was published on openPR.

Permanent link to this press release:

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 Industrial and Commercial LED Lighting Market to Exhibit 30.8% CAGR 2013-2019 due to Growing Demand from Commercial Sector here

News-ID: 371154 • Views: 598

More Releases from TMR Research Reports

Three Phase Transformer Market - Powertronix Corporation,Mitsubishi Corporation …
Three phase transformer are widely used in power systems. They are more economical compared to single phase transformers. There is a growing demand of reliable technology allied to the power flow management within the power systems. They are of single unit which means all windings wound around the same core, immersed in one tank, or of three single phase units. These transformers have the windings connected in various ways like
Smart Irrigation Market - The Toro Company, Rachio Inc., Baseline Inc offering h …
Smart Irrigation Market: Overview The amount of agricultural output is expected to grow till 2030, says a report by the Food and Agriculture Organization. With a projected growth of 1.4% in the aggregate crop production worldwide, the demand for supplies and solutions from industries working in the periphery of the agricultural sector is expected to rise. However, this does not necessarily mean that land under cultivation will rise dramatically. If anything,
Insulated Gate Bipolar Transistor (IGBT) Market - Research and Development to be …
Insulated Gate Bipolar Transistor (IGBT) is a power semiconductor device and majorly finds application in switch, pulse modulation and phase control among others. This device competes with other power semiconductor devices including power MOSFETs, Silicon-Carbide (SiC), Gallium-Nitride (GaN). IGBT has been gaining demand owing to lower switching losses and higher reliability, which highlights features including higher efficiency and better thermal performance. The increasing focus and increased investments in R&D on
Film Machinery Market - Growth in Distribution Channels to Open Opportunities fo …
Films play a significant role in packaging industry. Polymers such as polyethylene, polypropylene, polyvinyl chloride (PVC), polyester and EVOH are usually used as film materials in the packaging industry. Films are usually manufactured by extrusion process and are in various forms depending upon their end use. Cast films, blown films, shrink films, oriented films and co-extruded films are some of the most important variations of films. Plastics packaging is

All 5 Releases

More Releases for LED

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: Table of Contents: Table of Contents Global LED Driver (LED Lighting Driver) Market Research Report
Global LED Drivers Market 2017 Trends By Product(Buck-Boost LED Drivers, Multito …
Scope Of Global LED Drivers Market Research Report 2017 Global LED Drivers Market Report Based On Defination, Status and Forecast 2022 contains a market overview of the industry which talks about market Application, production, Consumption, revenue, Gross margin, sales volumes and figures, growth estimation in coming years, current industry leaders and their sales/revenue metrics. Request For Free Sample Report Here : This report studies the global LED Drivers market, analyzes and
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
LED Light: 2017 Global LED Light Bulb Market Outlook
Orbis Research delivers key insights on the Global LED Light Bulb Market in a new report titled “Global LED Light Bulb Market Research Report 2017-2022 by Players, Regions, Product Types and Applications.” In this report, Orbis Research sheds light on the various factors and trends impacting market growth over the forecast period (2017 – 2022). Description The Global LED Light Bulb Market report offers a comprehensive evaluation of the Global LED