Europe LED Lighting Market Report 2022-2027
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Author: Elena Anderson Marketing Manager Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group
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Report Description
International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all regions and industry verticals to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.
Report Description and Highlights Report Description Europe LED Lighting Market Outlook 2022-2027: The latest report by IMARC Group, titled “Europe LED Lighting Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” finds that the Europe LED lighting market size reached US$ 18.1 Billion in 2021. A light-emitting diode (LED) is a semiconductor device that emits a non-coherent and narrowspectrum light when an electrical current passes through it. LED light is environment-friendly, durable, and consumes 90% less energy as compared to conventional incandescent or fluorescent bulbs. It is also compact in size, physically robust, and has an extended shelf life. As a result, LED lighting is extensively utilized in Europe as a key light source for streetlights, walkways, outdoors, parking spaces, and task lighting across residential and commercial spaces. Request for a PDF sample of this report: https://www.imarcgroup.com/europe-led-lighting-market/requestsample
Report Description and Highlights
Report Description
Europe LED Lighting Market Drivers/Constraints: The market is primarily driven by the escalating demand for energy-efficient lighting systems in the European region. In addition, the growing awareness regarding the low power consumption associated with LED lighting represents another major growth-inducing factor. Besides this, the governing agencies in the European region are introducing stringent policies to promote the utilization of sustainable lighting solutions, and ban directional and non-directional halogen lamps. This, coupled with the subsidies and incentives provided by the government to increase the adoption of LED products, has encouraged consumers to buy LED technology-based products. Moreover, the introduction of cost-effective smart LED lighting systems with improved control methods is also contributing to the market growth. Furthermore, significant developments in the infrastructures across the region and the declining prices of LEDs are expected to create a favorable market outlook in the coming years. View Report TOC, Figures and Tables: https://www.imarcgroup.com/europe-led-lighting-market
Report Description and Highlights
Report Description Key Market Segmentation
The research report includes the following segments:
Breakup by Product Type: • •
LED Lamps and Modules LED Fixtures
Breakup by Application: • • • • • •
Residential Retail and Hospitality Outdoor Offices Architectural Industrial
Report Description and Highlights
Report Description Breakup by Installation: • •
New Installation Replacement
Breakup by Region: • • • • •
Germany United Kingdom France Italy Spain
Looking forward, IMARC Group expects the market to reach US$ 34.5 Billion by 2027, exhibiting a CAGR of 11.3% during 2022-2027.
Report Description and Highlights
Report Description Competitive Landscape: • • • • • • • • •
Cree Inc Dialight PLC Eaton Corporation Inc. (Cooper Industries LLC) Osram Licht AG Panasonic Corporation Seoul Semiconductor Co., Ltd Signify N.V. (Philips Inc.) TRILUX GmbH & Co. KG Zumtobel Group AG
Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click here: https://www.imarcgroup.com/europe-led-lighting-market/requestsample
Key Questions Answered in the Report
Report Description
1. What has been the historical growth rate of the Europe LED Lighting Market? 2. What has been the impact of COVID-19 on the Europe LED Lighting Market? 3. What are the key factors driving the Europe LED Lighting Market? 4. What is the breakup of the Europe LED Lighting Market based on the type? 5. What is the breakup of the Europe LED Lighting Market based on the application? 6. What is the breakup of the Europe LED Lighting Market based on the distribution channel? 7. What are the key regions in the Europe LED Lighting Market? 8. Who are the key players/companies in the Europe LED Lighting Market?
Report Description 1
Preface
2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology
3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends
Table of Contents
Report Description 5
Table of Contents
Europe LED Lighting Market Industry 5.1 5.2 5.3 5.4 5.5 5.6 5.7
Market Overview Market Performance Impact of COVID-19 Market Breakup by Product Type Market Breakup by Installation Market Breakup by Application Market Breakup by Region
Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/europe-led-lighting-market/toc
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Report Description and Highlights
Report Description
© 2022 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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