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