An LED is a semiconductor light source used for general lighting, backlighting, and automotive lighting in the Residential, Office, Retail, Hospitality, Industrial, Outdoor, and Architectural segments. Given its efficiency and low cost, LED helps to address the key issues such as energy crisis, resource scarcity, and climate change. It also enhances safety and productivity. Lighting consumes about 20 percent of the power generated worldwide, and the usage of LED lighting will help to save up to 40 percent of energy annually.
The preference for eco-friendly bulbs over incandescent and CFL bulbs is one of the major trends witnessed in the market. Increased cost of energy, growing awareness about environmental issues, and increased focus on reducing CO2 emissions are some of the factors stimulating demand for energy-efficient LED lighting solutions.
According to the report, the formation of R20 Regions of Climate Action is a major market driver for the General LED Lighting market in Brazil. It is focused on promoting and implementing low-carbon emission projects and aims to prevent a 2°C increase in global temperatures by 2020.
Low consumer awareness is one of the major challenges in the market. This is evident from the fact that most application segments in the Global General Lighting market have a low LED penetration rate because consumers give higher preference to cost rather than the quality and nature of lighting.
In 2019, the market size of General LED Lighting is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for General LED Lighting.
This report studies the global market size of General LED Lighting, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the General LED Lighting production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Cree
Nichia
OSRAM Opto Semiconductors
Seoul Semiconductor
Dialight
...
Market Segment by Product Type
Organized Structure
Unorganized Structure
Market Segment by Application
Residential
Office
Retail
Hospitality
Industrial
Outdoor
Architectural
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the General LED Lighting status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key General LED Lighting manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of General LED Lighting are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on General LED Lighting. Industry analysis & Market Report on General LED Lighting is a syndicated market report, published as Global (United States, European Union and China) General LED Lighting Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of General LED Lighting market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.