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Led (light Emitting Diode) Lighting Market in Brazil 2024-2028

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    Report

  • 156 Pages
  • August 2024
  • Region: Brazil
  • TechNavio
  • ID: 5135006
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The led (light emitting diode) lighting market in brazil is forecasted to grow by USD 2.23 billion during 2023-2028, accelerating at a CAGR of 13.64% during the forecast period. The report on the led (light emitting diode) lighting market in brazil provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by declining manufacturing cost of leds, increasing demand for energy-efficient and sustainable lighting, and supportive government legislation.

The led (light emitting diode) lighting market in brazil is segmented as below:

By Application

  • General LED lighting
  • Automotive LED lighting
  • LED backlighting

By Product Type

  • New
  • Retrofit

By Distribution Channel

  • Offline
  • Online

By Geographical Landscape

  • South America
This study identifies the emergence of smart lighting as one of the prime reasons driving the led (light emitting diode) lighting market in brazil growth during the next few years. Also, increasing wafer size and migration toward sapphire substrate and increasing urban population and households will lead to sizable demand in the market.

The report on the led (light emitting diode) lighting market in brazil covers the following areas:

  • Led (light emitting diode) lighting market in brazil sizing
  • Led (light emitting diode) lighting market in brazil forecast
  • Led (light emitting diode) lighting market in brazil industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading led (light emitting diode) lighting market in brazil vendors that include ABB Ltd., Acuity Brands Inc., Consumers Lighting and Lamps, Dialight Plc, Eaton Corp. Plc, Gardasoft Vision Ltd., Havells India Ltd., HELLA GmbH and Co. KGaA, Kian Lighting, Koninklijke Philips N.V., Lutron Electronics Co. Inc., Nichia Corp., O2 Led Illumination, OSRAM Licht AG, Panasonic Holdings Corp., Seoul Semiconductor Co. Ltd., The Feilo Sylvania Group, Toshiba Corp., Weidmuller Inc., and Wolfspeed Inc. Also, the led (light emitting diode) lighting market in brazil analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Market Segmentation by Product Type
Executive Summary - Chart on Market Segmentation by Distribution Channel
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Brazil - Market size and forecast 2023-2028 ($ million)
Data Table on Brazil - Market size and forecast 2023-2028 ($ million)
Chart on Brazil: Year-over-year growth 2023-2028 (%)
Data Table on Brazil: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 LED (Light Emitting Diode) Lighting Market in Brazil 2018 - 2022
Historic Market Size - Data Table on LED (Light Emitting Diode) Lighting Market in Brazil 2018 - 2022 ($ million)
4.2 Application segment analysis 2018 - 2022
Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.3 Product Type segment analysis 2018 - 2022
Historic Market Size - Product Type Segment 2018 - 2022 ($ million)
4.4 Distribution Channel segment analysis 2018 - 2022
Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Application
6.1 Market segments
Chart on Application - Market share 2023-2028 (%)
Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
6.3 General LED lighting - Market size and forecast 2023-2028
Chart on General LED lighting - Market size and forecast 2023-2028 ($ million)
Data Table on General LED lighting - Market size and forecast 2023-2028 ($ million)
Chart on General LED lighting - Year-over-year growth 2023-2028 (%)
Data Table on General LED lighting - Year-over-year growth 2023-2028 (%)
6.4 Automotive LED lighting - Market size and forecast 2023-2028
Chart on Automotive LED lighting - Market size and forecast 2023-2028 ($ million)
Data Table on Automotive LED lighting - Market size and forecast 2023-2028 ($ million)
Chart on Automotive LED lighting - Year-over-year growth 2023-2028 (%)
Data Table on Automotive LED lighting - Year-over-year growth 2023-2028 (%)
6.5 LED backlighting - Market size and forecast 2023-2028
Chart on LED backlighting - Market size and forecast 2023-2028 ($ million)
Data Table on LED backlighting - Market size and forecast 2023-2028 ($ million)
Chart on LED backlighting - Year-over-year growth 2023-2028 (%)
Data Table on LED backlighting - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
7 Market Segmentation by Product Type
7.1 Market segments
Chart on Product Type - Market share 2023-2028 (%)
Data Table on Product Type - Market share 2023-2028 (%)
7.2 Comparison by Product Type
Chart on Comparison by Product Type
Data Table on Comparison by Product Type
7.3 New - Market size and forecast 2023-2028
Chart on New - Market size and forecast 2023-2028 ($ million)
Data Table on New - Market size and forecast 2023-2028 ($ million)
Chart on New - Year-over-year growth 2023-2028 (%)
Data Table on New - Year-over-year growth 2023-2028 (%)
7.4 Retrofit - Market size and forecast 2023-2028
Chart on Retrofit - Market size and forecast 2023-2028 ($ million)
Data Table on Retrofit - Market size and forecast 2023-2028 ($ million)
Chart on Retrofit - Year-over-year growth 2023-2028 (%)
Data Table on Retrofit - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Product Type
Market opportunity by Product Type ($ million)
Data Table on Market opportunity by Product Type ($ million)
8 Market Segmentation by Distribution Channel
8.1 Market segments
Chart on Distribution Channel - Market share 2023-2028 (%)
Data Table on Distribution Channel - Market share 2023-2028 (%)
8.2 Comparison by Distribution Channel
Chart on Comparison by Distribution Channel
Data Table on Comparison by Distribution Channel
8.3 Offline - Market size and forecast 2023-2028
Chart on Offline - Market size and forecast 2023-2028 ($ million)
Data Table on Offline - Market size and forecast 2023-2028 ($ million)
Chart on Offline - Year-over-year growth 2023-2028 (%)
Data Table on Offline - Year-over-year growth 2023-2028 (%)
8.4 Online - Market size and forecast 2023-2028
Chart on Online - Market size and forecast 2023-2028 ($ million)
Data Table on Online - Market size and forecast 2023-2028 ($ million)
Chart on Online - Year-over-year growth 2023-2028 (%)
Data Table on Online - Year-over-year growth 2023-2028 (%)
8.5 Market opportunity by Distribution Channel
Market opportunity by Distribution Channel ($ million)
Data Table on Market opportunity by Distribution Channel ($ million)
9 Customer Landscape
9.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
10 Drivers, Challenges, and Opportunity/Restraints
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints
11 Competitive Landscape
11.1 Overview
11.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
Overview on factors of disruption
11.4 Industry risks
Impact of key risks on business
12 Competitive Analysis
12.1 Companies profiled
Companies covered
12.2 Market positioning of companies
Matrix on companies position and classification
12.3 ABB Ltd.
ABB Ltd. - Overview
ABB Ltd. - Business segments
ABB Ltd. - Key news
ABB Ltd. - Key offerings
ABB Ltd. - Segment focus
12.4 Acuity Brands Inc.
Acuity Brands Inc. - Overview
Acuity Brands Inc. - Business segments
Acuity Brands Inc. - Key news
Acuity Brands Inc. - Key offerings
Acuity Brands Inc. - Segment focus
12.5 Consumers Lighting and Lamps
Consumers Lighting and Lamps - Overview
Consumers Lighting and Lamps - Product/Service
Consumers Lighting and Lamps - Key offerings
12.6 Dialight Plc
Dialight Plc - Overview
Dialight Plc - Business segments
Dialight Plc - Key news
Dialight Plc - Key offerings
Dialight Plc - Segment focus
12.7 Eaton Corp. Plc
Eaton Corp. Plc - Overview
Eaton Corp. Plc - Business segments
Eaton Corp. Plc - Key news
Eaton Corp. Plc - Key offerings
Eaton Corp. Plc - Segment focus
12.8 Havells India Ltd.
Havells India Ltd. - Overview
Havells India Ltd. - Business segments
Havells India Ltd. - Key news
Havells India Ltd. - Key offerings
Havells India Ltd. - Segment focus
12.9 HELLA GmbH and Co. KGaA
HELLA GmbH and Co. KGaA - Overview
HELLA GmbH and Co. KGaA - Business segments
HELLA GmbH and Co. KGaA - Key news
HELLA GmbH and Co. KGaA - Key offerings
HELLA GmbH and Co. KGaA - Segment focus
12.10 Kian Lighting
Kian Lighting - Overview
Kian Lighting - Product/Service
Kian Lighting - Key offerings
12.11 Koninklijke Philips N.V.
Koninklijke Philips N.V. - Overview
Koninklijke Philips N.V. - Business segments
Koninklijke Philips N.V. - Key news
Koninklijke Philips N.V. - Key offerings
Koninklijke Philips N.V. - Segment focus
12.12 Lutron Electronics Co. Inc.
Lutron Electronics Co. Inc. - Overview
Lutron Electronics Co. Inc. - Product/Service
Lutron Electronics Co. Inc. - Key offerings
12.13 Nichia Corp.
Nichia Corp. - Overview
Nichia Corp. - Product/Service
Nichia Corp. - Key news
Nichia Corp. - Key offerings
12.14 OSRAM Licht AG
OSRAM Licht AG - Overview
OSRAM Licht AG - Business segments
OSRAM Licht AG - Key news
OSRAM Licht AG - Key offerings
OSRAM Licht AG - Segment focus
12.15 Panasonic Holdings Corp.
Panasonic Holdings Corp. - Overview
Panasonic Holdings Corp. - Business segments
Panasonic Holdings Corp. - Key news
Panasonic Holdings Corp. - Key offerings
Panasonic Holdings Corp. - Segment focus
12.16 Toshiba Corp.
Toshiba Corp. - Overview
Toshiba Corp. - Business segments
Toshiba Corp. - Key news
Toshiba Corp. - Key offerings
Toshiba Corp. - Segment focus
12.17 Wolfspeed Inc.
Wolfspeed Inc. - Overview
Wolfspeed Inc. - Business segments
Wolfspeed Inc. - Key offerings
Wolfspeed Inc. - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
13.3 Currency conversion rates for US$
Currency conversion rates for US$
13.4 Research methodology
Research methodology
13.5 Data procurement
Information sources
13.6 Data validation
Data validation
13.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
13.8 Data synthesis
Data synthesis
13.9 360 degree market analysis
360 degree market analysis
13.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Application
Exhibits 5: Executive Summary - Chart on Market Segmentation by Product Type
Exhibits 6: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibits 7: Executive Summary - Chart on Company Market Positioning
Exhibits 8: Parent Market
Exhibits 9: Data Table on - Parent Market
Exhibits 10: Market characteristics analysis
Exhibits 11: Value Chain Analysis
Exhibits 12: Offerings of companies included in the market definition
Exhibits 13: Market segments
Exhibits 14: Chart on Brazil - Market size and forecast 2023-2028 ($ million)
Exhibits 15: Data Table on Brazil - Market size and forecast 2023-2028 ($ million)
Exhibits 16: Chart on Brazil: Year-over-year growth 2023-2028 (%)
Exhibits 17: Data Table on Brazil: Year-over-year growth 2023-2028 (%)
Exhibits 18: Historic Market Size - Data Table on LED (Light Emitting Diode) Lighting Market in Brazil 2018 - 2022 ($ million)
Exhibits 19: Historic Market Size - Application Segment 2018 - 2022 ($ million)
Exhibits 20: Historic Market Size - Product Type Segment 2018 - 2022 ($ million)
Exhibits 21: Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ million)
Exhibits 22: Five forces analysis - Comparison between 2023 and 2028
Exhibits 23: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 24: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 25: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 26: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 28: Chart on Market condition - Five forces 2023 and 2028
Exhibits 29: Chart on Application - Market share 2023-2028 (%)
Exhibits 30: Data Table on Application - Market share 2023-2028 (%)
Exhibits 31: Chart on Comparison by Application
Exhibits 32: Data Table on Comparison by Application
Exhibits 33: Chart on General LED lighting - Market size and forecast 2023-2028 ($ million)
Exhibits 34: Data Table on General LED lighting - Market size and forecast 2023-2028 ($ million)
Exhibits 35: Chart on General LED lighting - Year-over-year growth 2023-2028 (%)
Exhibits 36: Data Table on General LED lighting - Year-over-year growth 2023-2028 (%)
Exhibits 37: Chart on Automotive LED lighting - Market size and forecast 2023-2028 ($ million)
Exhibits 38: Data Table on Automotive LED lighting - Market size and forecast 2023-2028 ($ million)
Exhibits 39: Chart on Automotive LED lighting - Year-over-year growth 2023-2028 (%)
Exhibits 40: Data Table on Automotive LED lighting - Year-over-year growth 2023-2028 (%)
Exhibits 41: Chart on LED backlighting - Market size and forecast 2023-2028 ($ million)
Exhibits 42: Data Table on LED backlighting - Market size and forecast 2023-2028 ($ million)
Exhibits 43: Chart on LED backlighting - Year-over-year growth 2023-2028 (%)
Exhibits 44: Data Table on LED backlighting - Year-over-year growth 2023-2028 (%)
Exhibits 45: Market opportunity by Application ($ million)
Exhibits 46: Data Table on Market opportunity by Application ($ million)
Exhibits 47: Chart on Product Type - Market share 2023-2028 (%)
Exhibits 48: Data Table on Product Type - Market share 2023-2028 (%)
Exhibits 49: Chart on Comparison by Product Type
Exhibits 50: Data Table on Comparison by Product Type
Exhibits 51: Chart on New - Market size and forecast 2023-2028 ($ million)
Exhibits 52: Data Table on New - Market size and forecast 2023-2028 ($ million)
Exhibits 53: Chart on New - Year-over-year growth 2023-2028 (%)
Exhibits 54: Data Table on New - Year-over-year growth 2023-2028 (%)
Exhibits 55: Chart on Retrofit - Market size and forecast 2023-2028 ($ million)
Exhibits 56: Data Table on Retrofit - Market size and forecast 2023-2028 ($ million)
Exhibits 57: Chart on Retrofit - Year-over-year growth 2023-2028 (%)
Exhibits 58: Data Table on Retrofit - Year-over-year growth 2023-2028 (%)
Exhibits 59: Market opportunity by Product Type ($ million)
Exhibits 60: Data Table on Market opportunity by Product Type ($ million)
Exhibits 61: Chart on Distribution Channel - Market share 2023-2028 (%)
Exhibits 62: Data Table on Distribution Channel - Market share 2023-2028 (%)
Exhibits 63: Chart on Comparison by Distribution Channel
Exhibits 64: Data Table on Comparison by Distribution Channel
Exhibits 65: Chart on Offline - Market size and forecast 2023-2028 ($ million)
Exhibits 66: Data Table on Offline - Market size and forecast 2023-2028 ($ million)
Exhibits 67: Chart on Offline - Year-over-year growth 2023-2028 (%)
Exhibits 68: Data Table on Offline - Year-over-year growth 2023-2028 (%)
Exhibits 69: Chart on Online - Market size and forecast 2023-2028 ($ million)
Exhibits 70: Data Table on Online - Market size and forecast 2023-2028 ($ million)
Exhibits 71: Chart on Online - Year-over-year growth 2023-2028 (%)
Exhibits 72: Data Table on Online - Year-over-year growth 2023-2028 (%)
Exhibits 73: Market opportunity by Distribution Channel ($ million)
Exhibits 74: Data Table on Market opportunity by Distribution Channel ($ million)
Exhibits 75: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 76: Impact of drivers and challenges in 2023 and 2028
Exhibits 77: Overview on criticality of inputs and factors of differentiation
Exhibits 78: Overview on factors of disruption
Exhibits 79: Impact of key risks on business
Exhibits 80: Companies covered
Exhibits 81: Matrix on companies position and classification
Exhibits 82: ABB Ltd. - Overview
Exhibits 83: ABB Ltd. - Business segments
Exhibits 84: ABB Ltd. - Key news
Exhibits 85: ABB Ltd. - Key offerings
Exhibits 86: ABB Ltd. - Segment focus
Exhibits 87: Acuity Brands Inc. - Overview
Exhibits 88: Acuity Brands Inc. - Business segments
Exhibits 89: Acuity Brands Inc. - Key news
Exhibits 90: Acuity Brands Inc. - Key offerings
Exhibits 91: Acuity Brands Inc. - Segment focus
Exhibits 92: Consumers Lighting and Lamps - Overview
Exhibits 93: Consumers Lighting and Lamps - Product/Service
Exhibits 94: Consumers Lighting and Lamps - Key offerings
Exhibits 95: Dialight Plc - Overview
Exhibits 96: Dialight Plc - Business segments
Exhibits 97: Dialight Plc - Key news
Exhibits 98: Dialight Plc - Key offerings
Exhibits 99: Dialight Plc - Segment focus
Exhibits 100: Eaton Corp. Plc - Overview
Exhibits 101: Eaton Corp. Plc - Business segments
Exhibits 102: Eaton Corp. Plc - Key news
Exhibits 103: Eaton Corp. Plc - Key offerings
Exhibits 104: Eaton Corp. Plc - Segment focus
Exhibits 105: Havells India Ltd. - Overview
Exhibits 106: Havells India Ltd. - Business segments
Exhibits 107: Havells India Ltd. - Key news
Exhibits 108: Havells India Ltd. - Key offerings
Exhibits 109: Havells India Ltd. - Segment focus
Exhibits 110: HELLA GmbH and Co. KGaA - Overview
Exhibits 111: HELLA GmbH and Co. KGaA - Business segments
Exhibits 112: HELLA GmbH and Co. KGaA - Key news
Exhibits 113: HELLA GmbH and Co. KGaA - Key offerings
Exhibits 114: HELLA GmbH and Co. KGaA - Segment focus
Exhibits 115: Kian Lighting - Overview
Exhibits 116: Kian Lighting - Product/Service
Exhibits 117: Kian Lighting - Key offerings
Exhibits 118: Koninklijke Philips N.V. - Overview
Exhibits 119: Koninklijke Philips N.V. - Business segments
Exhibits 120: Koninklijke Philips N.V. - Key news
Exhibits 121: Koninklijke Philips N.V. - Key offerings
Exhibits 122: Koninklijke Philips N.V. - Segment focus
Exhibits 123: Lutron Electronics Co. Inc. - Overview
Exhibits 124: Lutron Electronics Co. Inc. - Product/Service
Exhibits 125: Lutron Electronics Co. Inc. - Key offerings
Exhibits 126: Nichia Corp. - Overview
Exhibits 127: Nichia Corp. - Product/Service
Exhibits 128: Nichia Corp. - Key news
Exhibits 129: Nichia Corp. - Key offerings
Exhibits 130: OSRAM Licht AG - Overview
Exhibits 131: OSRAM Licht AG - Business segments
Exhibits 132: OSRAM Licht AG - Key news
Exhibits 133: OSRAM Licht AG - Key offerings
Exhibits 134: OSRAM Licht AG - Segment focus
Exhibits 135: Panasonic Holdings Corp. - Overview
Exhibits 136: Panasonic Holdings Corp. - Business segments
Exhibits 137: Panasonic Holdings Corp. - Key news
Exhibits 138: Panasonic Holdings Corp. - Key offerings
Exhibits 139: Panasonic Holdings Corp. - Segment focus
Exhibits 140: Toshiba Corp. - Overview
Exhibits 141: Toshiba Corp. - Business segments
Exhibits 142: Toshiba Corp. - Key news
Exhibits 143: Toshiba Corp. - Key offerings
Exhibits 144: Toshiba Corp. - Segment focus
Exhibits 145: Wolfspeed Inc. - Overview
Exhibits 146: Wolfspeed Inc. - Business segments
Exhibits 147: Wolfspeed Inc. - Key offerings
Exhibits 148: Wolfspeed Inc. - Segment focus
Exhibits 149: Inclusions checklist
Exhibits 150: Exclusions checklist
Exhibits 151: Currency conversion rates for US$
Exhibits 152: Research methodology
Exhibits 153: Information sources
Exhibits 154: Data validation
Exhibits 155: Validation techniques employed for market sizing
Exhibits 156: Data synthesis
Exhibits 157: 360 degree market analysis
Exhibits 158: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global led (light emitting diode) lighting market in brazil: ABB Ltd., Acuity Brands Inc., Consumers Lighting and Lamps, Dialight Plc, Eaton Corp. Plc, Gardasoft Vision Ltd., Havells India Ltd., HELLA GmbH and Co. KGaA, Kian Lighting, Koninklijke Philips N.V., Lutron Electronics Co. Inc., Nichia Corp., O2 Led Illumination, OSRAM Licht AG, Panasonic Holdings Corp., Seoul Semiconductor Co. Ltd., The Feilo Sylvania Group, Toshiba Corp., Weidmuller Inc., and Wolfspeed Inc..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emergence of smart lighting."

According to the report, one of the major drivers for this market is the declining manufacturing cost of leds.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ABB Ltd.
  • Acuity Brands Inc.
  • Consumers Lighting and Lamps
  • Dialight Plc
  • Eaton Corp. Plc
  • Gardasoft Vision Ltd.
  • Havells India Ltd.
  • HELLA GmbH and Co. KGaA
  • Kian Lighting
  • Koninklijke Philips N.V.
  • Lutron Electronics Co. Inc.
  • Nichia Corp.
  • O2 Led Illumination
  • OSRAM Licht AG
  • Panasonic Holdings Corp.
  • Seoul Semiconductor Co. Ltd.
  • The Feilo Sylvania Group
  • Toshiba Corp.
  • Weidmuller Inc.
  • Wolfspeed Inc.