Global LED Lighting Market, By Product (Lamps, Luminaires), Distribution Channel (Direct Sales, Wholesale/Retail), Application (Indoor, Outdoor), End-Use (Commercial, Residential, Industrial, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
LED lighting market is expected to witness market growth at a rate of 13.30% in the forecast period of 2020 to 2027. Data Bridge Market Research report on LED lighting market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
The growing consumer demand for energy-efficient lighting systems, reduction in costs of LEDs, high penetration of LEDs as a light source in the general lighting market are some of the factors expected to drive the growth of the LED lighting market in the forecast period of 2020-2027. On the other hand, the growing adoption of LED lights globally and rising concern over reduction of non-renewable sources of power will further create several opportunities that will lead to the growth of the LED lighting market in the above mentioned period.
However, the dearth of awareness regarding installation costs and payback periods will likely to hamper the growth of the LED lighting market in the above period. Also, the dearth of common open standards will act as a challenge to the LED lighting market growth.
This LED lighting market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on LED lighting market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
LED Lighting Market Scope and Market Size
LED lighting market is segmented on the basis of product, distribution channel, application, and end-use. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product, the LED lighting market has been segmented into lamps and luminaires.
- On the basis of distribution channel, the LED lighting market has been segmented into direct sales, and wholesale/retail.
- On the basis of application, the LED lighting market has been segmented into indoor and outdoor.
- On the basis of end-use, the LED lighting market has been segmented into commercial, residential, industrial, and others.
LED Lighting Market Country Level Analysis
LED lighting market is analysed and market size, volume information is provided by country, product, distribution channel, application, and end-use as referenced above.
The countries covered in the LED lighting market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the LED lighting market due to the growing renovation or remodeling activities among residential and commercial buildings in order to add an aesthetic look and changed lighting systems.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and LED Lighting Market Share Analysis
LED lighting market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to LED lighting market.
The major players covered in the LED lighting market report are Signify Holding B.V., Osram, GE Lighting, LG Innotek, Samsung Electronics, Cree, Inc., Cooper Industries, Dialight, Seoul Semiconductor Co., Ltd., Sharp Corporation, Zumtobel Group, Osram Opto Semiconductors GmbH, Philips, TOSHIBA CORPORATION, and Digital Lumens, Inc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global LED Lighting Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.