LED lighting 2017 Global Market Expected to Grow at CAGR 21.75% and Forecast to 2021

The analysts forecast the global LED lighting market for industrial applications to grow at a CAGR of 21.75% during the period 2016-2020.

PUNE, INDIA, September 7, 2017 /EINPresswire.com/ --

Global LED Lighting Market

Description

WiseGuyReports.Com adds” Global LED Industrial Lighting Market 2016-2020 “Research To Its Database.

LED lights are used in different application segments such as residential, architectural, industrial, office, retail, hospitality, and outdoor. As these lights are highly efficient and moderately priced, they can address key issues such as energy crises, resource scarcity, and climate change. Light consumes 20% of total power worldwide, and people can save, on average, up to 40% on energy every year just by using LED lights. 
LED lighting systems have many advantages over other sources of lights. These are: 
• High brightness 
• High energy efficiency 
• Low-voltage and current requirements 
• Low radiated heat 
• High reliability 
• Negligible UV rays 
• Long lifespan 
• Easy to control and program

Covered in this report 
The report covers the present scenario and the growth prospects of the global LED industrial lighting market for the period 2016-2020. LED lights are used for multiple applications in the residential, architectural, office, and industrial sectors. The report includes the market for finished LED lighting products that are used for industrial applications only. The finished product refers to a completed assembly of LED lamps.

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The market is divided into the following segments based on geography: 
• Americas 
• APAC 
• EMEA

The Global LED Industrial Lighting Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors 
• Cree 
• GE Lighting 
• LG Innotek 
• Lumileds 
• Nichia 
• OSRAM Opto Semiconductors 
• Samsung Electronics 
• Seoul Semiconductor

Other prominent vendors 
• Everlight Electronics 
• Lite-On Technology 
• Toyoda Gosei

Market driver 
• Multiple benefits of LEDs 
• For a full, detailed list, view our report

Market challenge 
• Limited thermal tolerance of LEDs 
• For a full, detailed list, view our report

Market trend 
• Growing adoption of smart lighting systems 
• For a full, detailed list, view our report

Key questions answered in this report 
• What will the market size be in 2020 and what will the growth rate be? 
• What are the key market trends? 
• What is driving this market? 
• What are the challenges to market growth? 
• Who are the key vendors in this market space? 
• What are the market opportunities and threats faced by the key vendors? 
• What are the strengths and weaknesses of the key vendors?

Complete Report Details @ https://www.wiseguyreports.com/reports/367339-global-led-industrial-lighting-market-2016-2020  

Table of Contents -Major Key Points

PART 01: Executive summary 
• Highlights 

PART 02: Scope of the report 
• Market overview 
• Top-vendor offerings 
• Research methodology 

PART 03: Market research methodology 
• Economic indicators 

PART 04: Introduction 
• Key market highlights 

PART 05: Industry overview 

PART 06: Technology overview 
• Market overview 

PART 07: Market landscape 
• Market size and forecast 
• Five forces analysis 

PART 08: Market segmentation by type 
• Global LED industrial lighting market segmentation by geography 

PART 09: Geographical segmentation 
• LED industrial lighting market in APAC 
• LED industrial lighting market in EMEA 
• LED industrial lighting market in Americas 
• Multiple benefits of LEDs 

PART 10: Market drivers 
• Rising need for energy-efficient LED bulbs 
• Government regulations encouraging energy-efficient lighting systems 
• Declining ASP of LED lightbulbs 

PART 11: Impact of drivers 

PART 12: Market challenges 
• Limited thermal tolerance of LEDs 
• High penetration of traditional lighting sources 
• High cost of production 

PART 13: Impact of drivers and challenges 
• Growing adoption of smart lighting systems 

PART 14: Market trends 
• Preference for eco-friendly bulbs over incandescent and CFL bulbs 
• Emergence of LED industrialization bases in China 
• Competitive scenario 

PART 15: Vendor landscape 
• Vendor analysis 
• Other prominent vendors 

PART 16: Appendix 
• List of abbreviations 


 ……CONTINUED

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Norah Trent
WiseGuy Research Consultants Pvt. Ltd.
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