Press release
Global Light-Emitting Diode Lighting Module Market to grow at a CAGR of 19.95% during 2017-2021
About light-emitting diode (LED) lighting moduleLED lamps consist of two semiconductor diodes, which produce light. They do not contain any mercury and emit almost negligible UV or infrared rays that are converted to white light by the phosphors content in it. Thus, these are environment friendly. These are also resistant to shock and vibration and produce very little heat. It has a life span of almost 50,000 hours, which is much longer than other types of bulbs.
Technavios analysts forecast the global light-emitting diode lighting module market to grow at a CAGR of 19.95% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global light-emitting diode lighting module market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of LED lighting modules across the several end-user segments, which includes architectural, hospitality, industrial, office, outdoor, residential, and retail.
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The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Light-Emitting Diode Lighting Module Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Cree
GE Lighting
OSRAM
Philips
Other prominent vendors
Acuity Brands
Advanced Lighting Technology
Bridgelux
Cooper Lighting
LG Innotek
Market driver
Demand for energy-efficient lighting solutions
For a full, detailed list, view our report
Market challenge
Lack of standardization
For a full, detailed list, view our report
Market trend
Increase in urban population worldwide
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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