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.
The General LED Lighting market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 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 presents the worldwide General LED Lighting market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Cree
Nichia
OSRAM Opto Semiconductors
Seoul Semiconductor
Dialight
General LED Lighting Breakdown Data by Type
Organized Structure
Unorganized Structure
General LED Lighting Breakdown Data by Application
Residential
Office
Retail
Hospitality
Industrial
Outdoor
Architectural
General LED Lighting Production by Region
United States
Europe
China
Japan
Other Regions
General LED Lighting Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global General LED Lighting status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key General LED Lighting manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers 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 :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of General LED Lighting market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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 General LED Lighting Market Insights, Forecast to 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.