Global LED Market 2017-2022 | Share, Industry Report and Forecast

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Global LED Market Report and Forecast 2017-2022
Copyright 2017 Expert Market Research. All
Rights Reserved
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REPORT DESCRIPTION
Global LED Market to Reach US 101 Billion by
2022 LEDs represent electronic components that
can convert electric energy into light. They have
today gained prominence across all the regions on
account of their potential advantages over other
lighting sources such as incandescent bulbs and
CFLs. LEDs stay much cooler than incandescent
lights, reducing the risk of combustion or burns.
As they are made with epoxy lenses, they are
highly resistant to breakage. Besides this, they
are energy-efficient, long-lasting and easy to
install. With technological advancements,
manufacturing efficiency and decline in the
prices, the global market for LEDs has witnessed
a strong growth over a period of time. According
to a new report by Expert Market Research,
the global LED market reached a value of US 53
Billion in 2016 and is further expected to reach
US 101 Billion by 2022. Owing to the growing
environmental concerns and increasing expenses on
electricity generation, governments regulations
have become more stringent, encouraging the
penetration of energy-efficient light sources
like LED lights. Moreover, a rising demand for
LEDs in high-tech products such as flat TVs,
digital cameras, smart phones and automotives has
also propelled the growth aspects of the LED
market.
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REPORT DESCRIPTION

Source Expert Market Research
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REPORT DESCRIPTION

• Key findings from the report
• The two lighting products are LED lamps and
  modules, and LED fixtures.
• The major end-uses of LED lights are in retrofit,
  retail and hospitality, outdoor, office,
  architectural, homes, industry and others. In
  2016, retrofit was the biggest end-use sector
  with a share of more than a third of the global
  market. It was followed by retail and
  hospitality, outdoor, offices, architectural,
  homes, industry and others.
• Region-wise, China dominated the market with a
  share of more than one-fifth of the global LED
  market. It was followed by Europe, North America,
  Asia-Pacific, Japan, Middle East Africa and
  Latin America.
• Being fragmented in nature, the global LED market
  is surrounded by a number of small and big
  players. In 2016, Nichia was the biggest player
  in the market with a share of nearly a fifth of
  the total LED sales. It was followed by Osram,
  Samsung Electronics, Everlight Electronics, LG
  Innotek, Epistar, Seoul Semiconductor, Cree,
  Lumileds, Mulinsen and others.
• Request a sample here http//www.expertmarketres
  earch.com/request?typereportid18flagB

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REPORT DESCRIPTION

• Expert Market Research has analysed the global
  LED market according to lighting product,
  end-use, major regions and top players
• Market breakup by Lighting Product
• LED Lamps and Modules
• LED Fixtures
• Market breakup by End-use
• Retrofit
• Retail and Hospitality
• Outdoor
• Office
• Architectural
• Homes
• Industry
• Others
• Market breakup by Region

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REPORT DESCRIPTION

• North America
• Asia Pacific
• Japan
• Middle East and Africa
• Latin America
• Top players
• Nichia
• Osram
• Samsung Electronics
• Everlight Electronics
• LG Innotek
• Epistar
• Seoul Semiconductor
• Cree
• Lumileds
• Mulinsen
• Find more reports related to Technology Media
  Research Reports _at_ http//www.expertmarketresearch
  .com/categories/technology-market-reports

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