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Product Launch (Blog)

Nov, 06 2023

Need for Energy-Efficient Lighting Systems, Low Prices of Led are Expected to Drive the Global Indoor LED Lighting Market in the forecast period of 2019 to 2026

Global Indoor LED Lighting Market is projected to register a healthy CAGR of 10.5 % in the forecast period of 2019 to 2026. The new market report contains data for the historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.

Access Full Report at https://databridgemarketresearch.com/reports/global-indoor-led-lighting-market

Drivers: Global Indoor LED Lighting Market

  • Need for energy-efficient lighting systems

  • Low prices of led

Restraint:

  • Development of alternative technologies

Opportunity:

  • Development of wireless technology for led lighting systems

Challenge

  • High initial cost

Market Trends

Global indoor LED lighting market is segmented into four notable segments which are offering, installation type, wattage type and application.

  • On the basis of offering, the market is segmented into hardware, software and services. The hardware segment is expected to hold the largest market share of the global indoor LED lighting market.

  • On the basis of installation type, the market is segmented into new installation and retrofit installation

  • On the basis of wattage type, the market is segmented into less than 50W, 50W-150W and more than 150W

  • On the basis of application, the market is segmented into automotive, residential, commercial and others

Major Players: Global Indoor LED Lighting Market

The key market players for global indoor LED lighting market are listed below:

  • Signify Holding

  • General Electric

  • OSRAM GmBH

  • Cree, INC.

  • Eaton

  • Hubbell

  • Dialight

  • Zumbotel

  • Syska

  • NEPTUN LIGHT, INC

  • delviro energy

  • iGuzzini

  • SmartRay Inc

  • Bamford Lighting

  • Contrac Lighting

  • interLED

  • Dextra Group Plc

  • Astute Lighting Ltd

  • Sondia Lighting

  • Ecoled Ltd

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