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Global Outdoor LED Lighting Market Report 2017: Growth Factors, Applications, Regional Analysis, Key Companies (Philips Lighting Holding B.V., General Electric Company, Osram Licht AG, Cree, Inc.) and Forecasts by 2024
Global Outdoor LED Lighting Market – Industry Trends and Forecast to 2024
The Global Outdoor LED Lighting Market accounted to USD 26.0 billion in 2016 growing at a CAGR of 12.8% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Global Outdoor LED Lighting Market By Installation Type (New Installation, Retrofit Installation) By wattage type (Less Than 50 W, 50–150 W, More Than 150 W), By Application {Highway and Roadway, Architectural, Public Places (Commercial, Airport Perimeters, Parking Structures, Stadium and Area Floodlighting, Entertainment, Others Public Places)}By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
TOP Competitors of Market:
Some of the major players operating in outdoor LED lighting market are:-
• Philips Lighting Holding B.V.,
• General Electric Company,
• Osram Licht AG,
• Cree, Inc.,
• Eaton Corporation PLC,
• Hubbell Incorporated,
• Dialight PLC,
• Zumtobel Group AG,
• Syska LED,
• Virtual Extension,
• Neptun Light, Inc.,
• Tapan Solar Energy Pvt. Ltd.,
• Tanko Lighting, Inc.,
• Evluma,
• GOOEE,
• UM Green,
• Solas Ray,
• Carmanahamong others.
In 2017, Osram Licht AG acquired China’s Green light, which will help the company to grow in chins.
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Company Share Analysis:
Outdoor LED Lighting Market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of flow cytometry market for global, Europe, North America, Asia Pacific and South America.
Talk to The Author of Report @ http://databridgemarketresearch.com/speak-to-analyst/?dbmr=global-outdoor-led-lighting-market
Major Market Drivers:
• Power efficiency and log lasting LED lights
• Decreasing use of incandescent lamps, due to high power consumption
• Reduction in Prices of LEDs
• Demand for Smart Controls in Street Lighting Systems
• High cost of production
Market Segmentation:
On the basis of installation:- New Installation, Retrofit Installation. The new installation market is expected to grow in the forecasted period.
On the basis of wattage type:- Less Than 50 W, 50–150 W, More Than 150 W.The less than 50W market is expected to grow in the forecasted period.
On the basis of application:- Highway and Roadway, Architectural, Public Places.The public places market is expected to grow in the forecasted period.
The Public places are further segmented into Commercial, Airport Perimeters, Parking Structures, Stadium and Area Floodlighting, Entertainment, Others Public Places. The commercial market is expected to grow in the forecasted period.
On the basis of geography:-
• North America,
• South America,
• Europe,
• Asia-Pacific, and Middle East & Africa.
Browse full report Here @ http://databridgemarketresearch.com/reports/global-outdoor-led-lighting-market/
Key Questions Answered in Global Outdoor LED Lighting Market Report:-
What will the market growth rate, Overview and Analysis by Type of Global Outdoor LED Lighting Market in 2024?
What are the key factors driving, Analysis by Applications and Countries Global Outdoor LED Lighting Market?
What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Outdoor LED Lighting Market?
Who are Opportunities, Risk and Driving Force of Global Outdoor LED Lighting Market?
Who are the opportunities and threats faced by the vendors in Global Outdoor LED Lighting Market?
What are the Global Outdoor LED Lighting Market opportunities, market risk and market overview of the Market?
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Data Bridge Market Research
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