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The led lighting market is forecasted to grow by USD 41.5 billion during 2023-2028, accelerating at a CAGR of 8.08% during the forecast period. The report on the led lighting market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
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 led lights, phasing out halogen, incandescent, fluorescent, and hid lamps, and need for led lighting in hazardous areas.
The led lighting market is segmented as below:
By Application
- Residential
- Commercial
- Outdoor
- Industrial
- Others
By Product
- Luminaries
- Lamps
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the led lighting market covers the following areas:
- Led lighting market sizing
- Led lighting market forecast
- Led lighting market industry analysis
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
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
360 degree market analysis
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global led lighting market: Acuity Brands Inc., ams OSRAM AG, Bridgelux Inc., Dialight Plc, Digital Lumens Inc., Eaton Corp. Plc, Ennostar Inc., General Electric Co., GrowRay Lighting Technologies, Hubbell Inc., IDEAL INDUSTRIES Inc., Koninklijke Philips N.V., LSI Industries Inc., Lumileds Holding BV, OSRAM Licht AG, Panasonic Holdings Corp., Sharp Corp., Signify NV, SMART Global Holdings Inc., and Toyoda Gosei Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emergence of smart cities."
According to the report, one of the major drivers for this market is the declining manufacturing cost of led lights.
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:
- Acuity Brands Inc.
- ams OSRAM AG
- Bridgelux Inc.
- Dialight Plc
- Digital Lumens Inc.
- Eaton Corp. Plc
- Ennostar Inc.
- General Electric Co.
- GrowRay Lighting Technologies
- Hubbell Inc.
- IDEAL INDUSTRIES Inc.
- Koninklijke Philips N.V.
- LSI Industries Inc.
- Lumileds Holding BV
- OSRAM Licht AG
- Panasonic Holdings Corp.
- Sharp Corp.
- Signify NV
- SMART Global Holdings Inc.
- Toyoda Gosei Co. Ltd.
