Global LED Lighting Market-Insights, Size, Share, Opportunity Analysis, and Industry Forecast till 2025

Asia Pacific accounted for the largest market share Asia Pacific held the largest share of the LED lighting market in 2016, and the market in Europe is projected to emerge as the second largest market by 2025. The relatively high standard of living and high disposable income among the populace in Europe, increases their inclination towards investments in smart homes with innovative LED lighting systems. Thus, augmenting growth of the LED lighting market in the region. Asia Pacific is growing at high pace due to rampant infrastructural renovation in emerging economies such as China and India. Major players operating in the global LED light market include Philips Lighting Holding B.V., Osram Licht AG, GE Lighting, LG Innotek, Cree, Inc., Cooper Industries, Inc., Seoul Semiconductor, Samsung Electronics, and Lightning Optoelectronic.

According to the report, one of the major drivers for LED Lighting market include growing LED adoption in automotive industry, increasing demand for energy efficient lighting systems, technology innovation and performance improvements. LED Lights demand in Automotive industry is boosting due to advancement in head lighting, dynamic beam functionality, laser head lighting, front and rear lighting signature design, ADAS and autonomous driving and other technology. It is forecasted that by 2025 over 75% of global cars have modern and smart LED lighting systems.

Ask for detailed Sample of the Research Report @https://www.coherentmarketinsights.com/insight/request-sample/959

*The Sample consists of Table of Content, Research framework of the actual report & research methodology adopted for it.



Market Taxonomy

This report segments the global LED Lighting market on the basis of product type, by service type, by end-user industries, by applications and by region. On the basis of product type, the global LED Lighting market is classified into five types which includes LED Bulbs, Bare LED Tubes, LED Fixtures, LED Down lights and Others. Service type of LED Lighting include Consulting Services, Installation Services and Maintenance & Support. End-user segment includes Residential, Commercial and Industrial. Applications of LED Lighting System includes Outdoor, Indoor, Backlighting, Automotive and Others. On the basis of region, LED Lighting market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East.

Key features of the study:

This report provides an in-depth analysis of LED Lighting market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017 – 2025), considering 2016 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players

It profiles leading players in the global LED Lighting market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans.

Key companies covered as a part of this study include Philips Lighting Holding B.V., General Electric Company, Osram Licht AG,GE Lighting, LG Innotek, Cree, Inc., Cooper Industries, Inc., Virtual Extension, Dialight PLC, Zumtobel Group AG, Samsung Electronics, Sharp Corporation and Seoul Semiconductor.

Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion and marketing tactics
The global LED Lighting market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the LED Lighting market.

For More Information https://www.coherentmarketinsights.com/market-insight/led-lighting-market-959

About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave, 
#3200 
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
Visit our news Website: www.coherentchronicle.com

This release was published on openPR.