Title: Global LED lighting market is expected to surpass more than US$ 100 Billion by the end of year 2024
1Global LED Lighting Market
Category Heavy Industries Market Report
2Global LED Lighting Market Analyst View Global
LED lighting market is expected to surpass more
than US 100 Billion by the end of year 2024.
Get 10 Free Customization in this
Report Research Report Title Global LED
Lighting Market Forecast By Applications
(Residential, Office, Retail/Shop, Hospitality,
Industrial, Outdoor and Architectural) Regions
(Europe, North America, Asia, Latin America,
Middle East Africa, BRIC) Companies (MLS Co
Ltd., Philips Lighting, Osram, Cree Inc., Foshan
Electrical Light) Access Full
Research http//www.renub.com/global-led-lightin
g-market-regions-applications-companies-forecast-p
.php
3Global LED lighting Market is expected to surpass
more than US 100 Billion by the end of year 2024
Global LED lighting market is expected to surpass
more than US 100 Billion by the end of year
2024. The massive transformation of LED lighting
from conventional lighting is happening due to
advancement of its features like efficiency,
durability, Environmental-friendly and cost
effectiveness. All these features of LED lighting
is widely recognized and adopted by household,
government organisation, industrial sector and
commercial segment. Global LED lighting market
is segmented into seven parts by application
Residential application, Office application,
Retail/Shop application, Hospitality application,
Industrial application, Outdoor application and
Architectural application. The market is also
categorized by five regions Europe, North
America, Asia, Latin America and Middle East
Africa. Asia is one of important destination for
LED lighting market and has captured highest
market share in global LED lighting
market. Request a free sample copy of the
report http//www.renub.com/contactus.php
4Global LED Lighting Market
Energy Independence and Climate Change Concern of
many Countries enforces towards Paradigm Shift
with LEDs Lighting Rising electricity prices,
increasing concern over climate change and great
desire of countries to be energy independent are
propelling global lighting market into
highly-efficient LEDs light sources. In most
region of the world, the government has taken
significant steps to promote LED lighting like
banning incandescent bulb and giving subsidies to
the LED lighting manufacturers. Many countries
procure LED lighting products like street
lighting and several others specialized LEDs
lighting for the government organization. Decrea
sing Price of LEDs make it Affordable and
Cost-Effective Gradual decreasing prices of LEDs
lighting over last five year has increased the
penetration rate of Global LED lighting market to
a great extent and further this trend will
continue in anticipated year till 2019. The
adoption of LED lighting in several applications
like residential, office, industrial,
architectural, Retail shop and so on has
increased and it is expected that LED lighting
industry will outperform in anticipated year.
5LED lighting can take 25-80 less energy than
traditional incandescent bulbs, thus saving money
and can last 3-25 times longer
The initial cost of LED lighting is comparatively
high to the traditional incandescents,
energy-efficient lightbulbs such as halogen
incandescents and compact fluorescent lamps
(CFLs). But it cost more cheaper in long-run for
example typically use of LED lighting can
take 25-80 less energy than traditional
incandescent bulbs, thus saving money and can
last 3-25 times longer. Renub Research latest
study report Global LED Lighting Market
Forecast By Applications (Residential, Office,
Retail/Shop, Hospitality, Industrial, Outdoor and
Architectural) Regions (Europe, North America,
Asia, Latin America, Middle East Africa, BRIC)
Companies (MLS Co Ltd., Philips Lighting, Osram,
Cree Inc., Foshan Electrical Light) provides a
detailed and comprehensive insight of the Global
LED Lighting Market. This report studies the
Global LED lighting market from 7 points.
6Types of LED Lighting Market
Types of LED Lighting Market 1. Residential
LED Lighting2. Office LED Lighting3.
Retail/Shop LED Lighting4. Hospitality LED
Lighting 5. Industrial LED Lighting 6.
Outdoor LED Lighting 7. Architectural
LED Lighting
7Global LED Lighting Market
Regions Covered in the Report 1. Europe2.
North America3. Asia 4. Latin
America5. Middle East Africa
BRIC countries covered in the Report
Brazil Russia India China
Key Player covered in the Report
MLS Co Ltd. Philips Lighting
Osram Cree Inc. Foshan Electrical
Light
8Scope of the Report for Global LED Lighting Market
Scope of the Report Global LED Lighting
Market Forecast We have defined global LED
lighting market by adding all defined regions.
Market historical data taken from 2011 to 2016
and forecast from 2017 to 2024. Global LED
Lighting Market Share Report provides global LED
lighting market share by Application, by Region
and by Companies. Global LED Lighting Market
by Application We have segmented the LED
Lighting market into seven applications which are
Residential, Office, Retail/Shop, Industrial,
Hospitality, Outdoor and Architectural.
Global LED Lighting Market by Region The report
consists of five regions Europe, North America,
Asia, Latin America and Middle East Africa.
LED Lighting Market by BRIC We have covered LED
Market of BRIC countries which are Brazil,
Russia, India and China. Public Procurement
of LED Lighting by European Countries It has
mentioned several European countries government
public procurement of LED lighting via GPP (Green
Public Procurement) and several initiatives taken
to promote LED lighting. Key Growth Drivers
Challenges It studies the different factor
which helps to grow global LED lighting. We have
comprehensively mentioned factors that will
hinder the market growth.
9Table of Contents for China LED Lighting Market
Key Players Analysis We have covered five
key players and their Global LED revenue. Apart
from sales analysis, we have also covered
overview of the company and LED latest
development trends. Table of Contents 1.
Executive Summary 2. Global LED Lighting
Market Analysis (2011 2024) 3. Market
Share Analysis Global LED Lighting 4. By
Application Global LED Lighting Market 5. By
Region Global LED Lighting Market 6. BRIC
Countries LED Lighting Market 7. Public
Procurement of Led Lighting in European Union
Member States 8. Growth Factors (Due to data
confidentiality, growth factors have not been
disclosed in this table of contents) 9. Key
Challenges (Due to data confidentiality,
challenges have not been disclosed in this table
of contents) 10. Key Players Analysis
10Get Free Customization in this Report
Heavy Industries Market Reports http//www.renub.c
om/heavy-industries-31-c.php
Renub Research - North America Rajat Gupta 225 Kristie Ln, Roswell Georgia 30076, United States Tel 1-678-302-0700 Email info_at_renub.com www.renub.com Renub Research - Asia Ankit Mishra C 86, Sector 10 Noida 201301, India Tel 91-120-421-9822 Email info_at_renub.com www.renub.com