Global LED Bulb Market Share, Size, Price Trends And Research Report (2018-2023) - PowerPoint PPT Presentation

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Global LED Bulb Market Share, Size, Price Trends And Research Report (2018-2023)

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Get more information about the market: IMARC’s latest study “LED Bulb Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023” provides a techno-commercial roadmap for setting up an LED bulb manufacturing plant. Request a sample report: Browse more reports on Technology & Media Industry: Contact Us IMARC Group USA: +1-631-791-1145 Email: sales@imarcgroup.com Follow us on twitter: @imarcglobal – PowerPoint PPT presentation

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Title: Global LED Bulb Market Share, Size, Price Trends And Research Report (2018-2023)


1
Global LED Bulb Market Fuelling Due to Government
Support
Copyright IMARC. All Rights Reserved
2
About IMARC Group
Report Description
IMARC is a leading advisor on management
strategy and market research worldwide. We
partner with clients in all sectors and regions
to identify their highest-value opportunities,
address their most critical challenges, and
transform their businesses. IMARCs information
products include major market, scientific,
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business leaders in pharmaceutical, industrial,
and high technology organizations. Market
forecasts and industry analysis for
biotechnology, advanced materials,
pharmaceuticals, food and beverage, travel and
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methods are at the top of the companys
expertise. IMARCs 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
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organizations, and secure lasting results.
3
Report Description and Highlights
Report Description
Global LED Bulb Market Fuelling Due to Government
Support The global LED bulb market has been
growing at a moderate rate, over the past few
years. Some of the factors which are giving
impetus to the market include rising awareness
about environment, emergence of eco-friendly
technologies, descending prices of LED bulbs,
government initiatives, mounting population
growth, rapid urbanisation, elevating income
levels, etc. LED (light emitting diode) bulb
refers to an electric lamp which contains a
cluster of LEDs mounted on a single base and
enclosed in the diffuser lens. In comparison to
incandescent and fluorescent lights, LED bulbs
are associated with several advantages such as
serving a longer time-span, consuming less
energy, generating lower heat output, compact
size, etc. They are widely available in various
ranges of colours, shapes and watts. A new
research report titled LED Bulb Market Global
Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2018-2023 by IMARC Group estimates
that the global LED bulb market worth was around
US 5 Billion in 2017. The report further
anticipates the market to reach approximately US
9 Billion by 2023, at a projected CAGR of more
than 11 over the forecast period.
4
Report Description and Highlights
Report Description
  • Global LED Bulb Market Drivers/Constraints
  • One of the major factors bolstering the market
    demand for LED bulbs is the rising awareness
    about environment degradation and advent of
    eco-friendly technologies, such as LED bulbs
    which save up to 90 of energy and emit no
    greenhouse gas.
  • Various government initiatives across several
    countries, particularly in the emerging regions,
    for prohibiting the use of incandescent bulbs and
    encouraging the purchase of LED bulbs acts as
    another force fostering the global LED bulb
    market.
  • Some of the other factors propelling the market
    growth include rising global population, rapid
    urbanisation, rising disposable incomes, scarcity
    of non-renewable resources for generating
    electricity and reducing prices of LED bulbs.
  • However, lack of awareness amongst the users may
    impede the market growth of LED bulbs. Moreover,
    the prices of LED bulbs are comparatively higher
    than incandescent and fluorescent bulbs.
  • Read more here https//www.imarcgroup.com/led
    -bulb-manufacturing-plant

5
Report Description and Highlights
Report Description
Application Insights Based on application, the
market is segregated into retrofit, retail and
hospitality, outdoor, offices, architectural,
residential, and industrial. Owing to their
dimmable colour temperature potency, LED bulbs
are used widely for the aforementioned
applications.  Regional Insights On a
geographical front, India enjoys a leading
position in the global LED bulb market,
accounting for the largest market share. India is
followed by China, Europe, the United States,
Japan, Brazil, Russia and Others. Request Sample
Of The Report https//www.imarcgroup.com/request?
typereportid727flagB
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Report Description and Highlights
  • Competitive Landscape
  • Being fragmented in nature, the market is
    surrounded by numerous small and large
    manufacturers who compete in terms of prices and
    quality. There is a strong competition in the
    market which makes it difficult for small players
    to survive. Some of the leading players operating
    in the market are
  • Nichia
  • Osram
  • Samsung Electronics
  • Everlight Electronics
  • Browse more related reports 
  • Intelligent Virtual Assistant Market 
    https//www.imarcgroup.com/intelligent-virtual-ass
    istant-market
  • Ice Maker Market https//www.imarcgroup.com/ice-m
    aker-market

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Report Description and Highlights
Report Description

2017 IMARC All Rights Reserved This
Publication and all its 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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