Industrial & Commercial LED Lighting market to reach $79.49 billion by 2023

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Industrial Commercial LED Lighting Market

• Industrial and Commercial LED Lighting Market by
  Application (Indoor Lighting and Outdoor
  Lighting) and End User (Residential, Commercial,
  Transportation, Industrial, and Others) - Global
  Opportunity Analysis and Industry Forecast,
  2017-2023

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mmercial-led-lighting-market
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Current and future Market Scenario
Industrial Commercial LED Lighting Market

• Industrial Commercial LED Lighting market is
  estimated to reach 79.49 billion by 2023, states
  Allied Market Research.
• Industrial Commercial LED Lighting market will
  grow at a prominent CAGR of 14.9 from 2017 to
  2023. 
• The Industrial Commercial LED Lighting Market
  was valued at 29.60 billion in 2016.
• LAMEA is anticipated to exhibit the highest CAGR
  during the forecast period.

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Factors Contributing to Market Growth
Industrial Commercial LED Lighting Market

• Factors such as high efficiency, favorable
  government conditions and compact robust nature
  of LEDs drive the industrial and commercial LED
  lighting market. However, high initial cost
  hampers the growth of the market.

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Market Segments
Industrial Commercial LED Lighting Market
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Dominating Segments
Industrial Commercial LED Lightening Market

• Europe dominates this market at present, followed
  by North America.
• Germany dominated the market in Europe U.S. led
  the overall market in North America.
• Industrial application segment is expected to
  depict the highest CAGR during the forecast
  period.
• In 2016, residential segment dominated the end
  user segment.

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Region Overview
Industrial Commercial LED Lighting Market

• Geographically, the Industrial Commercial LED
  Lighting market is segmented across North
  America, Europe, Asia-Pacific, and LAMEA.
• In 2016, Europe accounted for the highest market
  share.

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Leading Players
Industrial Commercial LED Lightening Market

• The leading players in Industrial Commercial
  LED Lighting Market include Eaton Corporation
  Plc., Cree Inc., DECO Enterprises Inc., Dialight
  Plc., OSRAM Licht AG, General Electric Company,
  Koninklijke Philips N.V., Toshiba Corporation,
  Zumtobel Group AG and IBM.

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A report titled Industrial Commercial LED
Lighting Market and End User- Global Opportunity
Analysis and Industry Forecast, 2017 2023 has
been recently published by Allied Market
Research. The report makes close observations of
pipeline structure for end-to-end Industrial
Commercial LED Lighting market around the world.
It makes an in-depth analysis of current trends,
drivers, and restraining factors that affect
financial ratios relevant to the industry.
Company profiles for key vendors in business
builds a comprehensive picture of profitable
opportunities from stakeholders perspective.

• To know more about the
  Industrial Commercial LED Lighting Market, 2017
  2023 report
• https//www.alliedmarketresearch.com/industrial-co
  mmercial-led-lighting-market

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