Global LED Lighting Market by Product (Lamps and Luminaires), by End Use (Commercial, Residential and Industrial), Application (Indoor and Outdoor), Regional Forecasts 2021-2027, The ‘ LED Lighting market’ research report added by Report Ocean, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market overview; LED Lighting derived key statistics, based on the market status of the manufacturers and is a valuable source of guidance and direction for companies and individuals interested in LED Lighting market size forecast, Get report to understand the structure of the complete fine points (Including Full TOC, List of Tables & Figures, Chart).
A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021
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Global LED Lighting Market to reach USD 96.4 million by 2027.Global LED Lighting Market is valued approximately at USD 50.2 million in 2020 and is anticipated to grow with a healthy growth rate of more than 11.04% over the forecast period 2021-2027. LED is a diode that emits light. more than 90% other light bulbs, including incandescent and fluorescent light, are classified for LED lighting products. Around 95% of the electricity in LEDs is transformed into light and only 5% is lost as heat. Due to this aspect, the world’s largest population is inclined to use the most effective LED lighting option. The LED lighting market is driven by growing modernization, developing infrastructure such as smart cities and growing need for energy-efficient lighting systems. Intelligent devices are incorporated into households through a climate, buildings and living environment For instance, as per American Society of Mechanical Engineers, wind flow, solar penetration and the shade areas are evaluated by engineers for improved design and construction. By 2022, the Singapore government expects to introduce intelligent, energy efficient lighting on all public highways and build solar panels on 6,000 buildings’ rooftops. Furthermore, LED lighting technologies have successfully penetrated the industrial lighting market, which has tremendous potential for innovation, due to recent advances in light-emitting diode technology. Commercial facilities, which include offices, supermarkets, hotels, hospitals, and schools, account for almost 20% of all energy demand in the United States, with lighting accounting for 38% of that total. However, growth in laser technology, may impede market growth over the forecast period of 2021-2027.
Geographically, APAC is dominating the LED Lighting market and also expected to develop at the highest pace during the forecast period. This growth can be attributed to the respective governments’ initiatives to adopt light-emitting diodes, as well as the involvement of a significant number of market players including China, Indonesia, India, Vietnam, and Malaysia, the region’s fastest-developing countries, which have a booming construction industry due to strong local and migrant populations and evolving lifestyles. As a result, APAC’s rapidly increasing construction sector is also contributing to regional product demand.
Key Segments Studied in the Global LED Lighting Market
Major market player included in this report are:
- Digital Lumens Inc.
- Cree Lighting (IDEAL INDUSTRIES INC.)
- Acuity Brands Lighting Inc.
- GE Current (acquired by American Industrial Partners (AIP)
- LSI Industries Inc.
- Panasonic Corporation
- Siteco GmbH
- Semiconductor Co. Ltd.
- Zumtobel Group Ag
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By End Use:
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
What is market research report?
Market research is a defined process to collect information about customers, competitors, and everything that a business needs to understand to sustain and grow. It offers important analysis to distinguish and examine the market needs, size, and trends. Market research is generally divided into, primary research and/or secondary research. The process usually includes collection and interpretation of market data by using statistical and analytical techniques to support the decision making process. The report helps in identifying and tracking emerging players in the market and their portfolios, enhances decision making capabilities and helps to create effective counter strategies to gain competitive advantage. Market research reports provide in-depth analysis about the market conditions and requirements for effective decision making.
The report provides a snapshot of the global market size, segmentation data, marketing growth strategies, market share, export and import information, analysis and forecast of market trends, competition, domestic production, best sales prospects, statistical data, tariffs, regulations, distribution and business practices, end-user analysis, contact points and more. These research reports include information about competitive strategies, solutions, fact-based research, key takeaways, recommendations, market considerations, emerging business models and market opportunities for multiple segments of an industry. Market research reports assist in solving business problems and making better decisions to improve business as per the prevalent market trends.
What our reports offer:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2020, 2021, till 2025
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Browse market information, tables and figures extent in-depth TOC, The latest independent research document on various market development activities and business strategies such as new product/services development, Joint Ventures, partnerships, mergers and acquisitions, etc. In order to provide a more informed view, a market company profiles include Business Overview, Product / Service Offerings, SWOT Analysis, Segment & Total Revenue, Gross Margin and % Market Share. This report explores market definitions, overview, classification, segmentation, inclusive of market type and applications followed by product specifications, manufacturing initiatives, pricing structures, raw material sourcing and supply chain analysis.
Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan
In-Depth Qualitative Analyses Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.
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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis
- Market size and growth rate during forecast period.
- Key factors driving the Market.
- Key market trends cracking up the growth of the Market.
- Challenges to market growth.
- Key vendors of Market.
- Detailed SWOT analysis.
- Opportunities and threats faces by the existing vendors in Global Market.
- Trending factors influencing the market in the geographical regions.
- Strategic initiatives focusing the leading vendors.
- PEST analysis of the market in the five major regions.
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Market analysis requires careful attention to the following:
- Market Analysis: To make this section robust, we help you identify industry size, growth rates, drivers, challenges, major players, and market forecasts and emerging trends.
- Competitive Analysis: Understanding your competition is critical to your success. This section includes an analysis of your key competitors, their products / services, their differentiators, and market shares.
- Target Market and Customers: Identifying and prioritizing specific target markets are another key part of your industry analysis where research is crucial. You need to think about demographics and buying behaviors of your customers? How can you best reach them? What kinds of challenges do they have? How do they like to be marketed?
Competitiveness Industry concentration – This is a measure of the number of firms in an industry and the size of the predominant firms in the industry. It indicates the nature of the competition. Identify the most important players in the industry. What percent of the market is controlled by the largest companies (for example, the four largest firms)? What is the market share of each major firm? What is the number of firms over a certain size? Is there a dominant industry leader? Who is it?
Key Points Covered in LED Lighting Market Report: Study Explore COVID 19 Outbreak Impact Analysis
Chapter 1.Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. LED lighting Market , by Region, 2019-2027 (USD Billion)
1.2.2. LED lighting Market, by Product, 2019-2027 (USD Billion)
1.2.3. LED lighting Market, by End Use, 2019-2027 (USD Billion)
1.2.4. LED lighting Market , by Application, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global LED lighting Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global LED lighting Market Dynamics
3.1. LED lighting Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
188.8.131.52. High Demand for LED Lighting Driven by the Modernization and Development of Infrastructure Such as Smart Cities
184.108.40.206. Need for Energy-Efficient Lighting Systems
3.1.2. Market Restraint
220.127.116.11. Alternative technologies
3.1.3. Market Opportunities
18.104.22.168. Increasing deployment of customised lighting solutions
22.214.171.124. Technological advancement
126.96.36.199. Favourable government initiative for LED lighting
Chapter 4. Global LED lighting Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global LED lighting Market , by Product
5.1. Market Snapshot
5.2. Global LED lighting Market by Product, Performance – Potential Analysis
5.3. Global LED lighting Market Estimates & Forecasts by Product 2018-2027 (USD Billion)
5.4. LED lighting Market , Sub Segment Analysis
Chapter 6. Global LED lighting Market , by End Use
6.1. Market Snapshot
6.2. Global LED lighting Market by End Use, Performance – Potential Analysis
6.3. Global LED lighting Market Estimates & Forecasts by End Use 2018-2027 (USD Billion)
6.4. LED lighting Market , Sub Segment Analysis
Chapter 7. Global LED lighting Market , by Application
- Market Snapshot
7.1. Global LED lighting Market by Application, Performance – Potential Analysis
7.2. Global LED lighting Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
7.3. LED lighting Market , Sub Segment Analysis
Chapter 8. Global LED lighting Market , Regional Analysis
8.1. LED lighting Market , Regional Market Snapshot
8.2. North America LED lighting Market
8.2.1. U.S. LED lighting Market
188.8.131.52. Product breakdown estimates & forecasts, 2018-2027
184.108.40.206. End Use breakdown estimates & forecasts, 2018-2027
220.127.116.11. Application breakdown estimates & forecasts, 2018-2027
8.2.2. Canada LED lighting Market
8.3. Europe LED lighting Market Snapshot
8.3.1. U.K. LED lighting Market
8.3.2. Germany LED lighting Market
8.3.3. France LED lighting Market
8.3.4. Spain LED lighting Market
8.3.5. Italy LED lighting Market
8.3.6. Rest of Europe LED lighting Market
8.4. Asia-Pacific LED lighting Market Snapshot
8.4.1. China LED lighting Market
8.4.2. India LED lighting Market
8.4.3. Japan LED lighting Market
8.4.4. Australia LED lighting Market
8.4.5. South Korea LED lighting Market
8.4.6. Rest of Asia Pacific LED lighting Market
8.5. Latin America LED lighting Market Snapshot
8.5.1. Brazil LED lighting Market
8.5.2. Mexico LED lighting Market
8.6. Rest of The World LED lighting Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Digital Lumens Inc.
18.104.22.168. Key Information
22.214.171.124. Financial (Subject to Data Availability)
126.96.36.199. Product Summary
188.8.131.52. Recent Developments
9.2.2. Cree Lighting (IDEAL INDUSTRIES INC.)
9.2.3. Acuity Brands Lighting Inc.
9.2.4. GE Current (acquired by American Industrial Partners (AIP)
9.2.5. LSI Industries Inc.
9.2.6. Panasonic Corporation
9.2.7. Siteco GmbH
9.2.8. Semiconductor Co. Ltd.
9.2.9. Zumtobel Group Ag
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.3. Market Estimation
10.2. Research Attributes
10.3. Research Assumption
……..and view more in complete table of Contents
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