Global LED Lighting Market: Trends & Opportunities (2016-2020) March 2016
Global LED Lighting Market Report Scope of the Report The report entitled “Global LED Lighting Market: Trends & Opportunities (2016-2020)�, provides an indepth analysis of the global LED Lighting market with detailed analysis of market size and growth, market share and economic impact of the industry. The report also provides market size of the global lighting market and its segments. The report provides detailed regional analysis of North America, Europe and Asia-Pacific (China and India) for the LED lighting market. The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the global lighting market and global LED lighting market has also been forecasted for the period 2016-2020, taking into consideration the previous growth patterns, the growth drivers and the current and future trends. The market for global LED lighting is facing a tough competition due to price wars and entry of small firms. Further, key players (Cree, Philips and Osram) of the global LED lighting market are also profiled with their financial information and respective business strategies.
Country Coverage North America Europe Asia Pacific (China and India)
Company Coverage Cree, Inc. Philips Osram
Global LED Lighting Market Report Executive Summary LED or Light Emitting Diode is a semiconductor device which glows when electric current is passed through it. Earlier, LEDs were made from semiconductor material such as gallium arsenide and were produced in only a few colors (mainly red or green). Newer LEDs are made from synthetic materials such as p-phenylenevinyl and can produce light of any color. Light emitting diodes produce light by the movement of electrons between the two terminals of diode, which occur by a process called electroluminescence. In this process, the electron losses its energy and the amount of energy lost defines the color of light produced. In 1907, the Englishman Henry Joseph Round discovered that inorganic materials can light up when an electric current is applied. In the same year, he published his discovery in the journal "Electrical World". But it was in 1967, when the first red luminescence diode (type GaAsP), developed by American Nick Holonyak, entered the market. That first LED in the visible wavelength area marked the birth of the industrially-produced LED. The LED lighting can be segmented according to its application into lighting, backlighting, signage, automotive lighting and others. Some of the advantages of LED lights over the traditional light sources are long life, energy efficient, ecologically friendly, durable, zero UV emission, design flexibility, low voltage, etc. Global LED Lighting market has increased at a significant annual growth rate in 2015 as compared to the preceding year and projections are made that the market would rise in the next five years i.e. 2016-2020 tremendously. The upsurge in the market was due to various factors such as rapid growth in the global automotive industry, increasing focus on fuel and energy efficiency, etc. The major growth drivers for the LED lighting market are increasing shipment and penetration of LED TVs, growing automobile industry, increasing LED penetration, phasing out of incandescent bulbs in many countries, supportive government policies and focus on energy efficiency. Despite the market is governed by various growth drivers, there are certain challenges faced by the market such as temperature dependence, high initial costs of LED, high research and development costs, etc.
Global Lighting Market Overview Global Lighting Market by Value;
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Global Lighting Market by Application; 2015E
The global lighting market in 2015 was valued at US$... billion, up by …% as compared to 2014. This market is forecasted to reach US$......billion in 2020, at a CAGR of ….%.The increase in the global lighting market is expected due to rapid economic growth,…….., phasing out of…… the global lighting market can be represented according to its applications as… There are two segments in global lighting market, that are LED lighting and non LED lighting. The larger segments is …. with …% of share in global lighting market in 2015. This share is expected to change to…….. in 2020. Global Lighting Market by Segments; 2015 & 2020
Global LED Lighting Market Overview Global LED Lighting Market by Segments ; 2010-2015
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Global LED Lighting Market by Value ; 2014-2020
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Global LED Lighting Market by Penetration Rate; 2010-2020
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The Global LED lighting market is valued at US$....billion in 2015 and is forecasted to increase to US$....billion in 2020. This increase is expected due to increasing….. There are two segments of LED lighting market, that are…&.... The larger segment is….., with….% of share in 2015. the LED lighting penetration rate is estimated to be…% in 2015, as compared to..% in 2010. the penetration rate is expected to increase to….% in 2020.
LED Lighting Market: Regional Overview North America LED Lighting Market by Value ; 2011-2015
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The North America’s LED Lighting market is valued at US$....billion in 2015, up by….% as compared to 2014. This increase is there due to……. Europe LED lighting market is estimated to have reached US$....billion in 2015…, increasing at a CAGR of …%. The China’s LED lighting market was valued at US$..... billion in 2015 and is forecasted to increase to US$...billion in 2020. This increase is expected due to supportive government polices…..
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China LED Lighting Market by Value; 2014-2020
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Title: Global LED Lighting Market: Trends & Opportunities (2016-2020) Published: March 2016 Pages: 54 Price: US$ 800 (Single-User License) : US$ 1600 (Corporate License) For more info: http://www.daedal-research.com// global-led-lighting-market-trends-opportunities-2016-2020
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