LED Lighting Market Increase Demand for Energy-Efficient Lighting Systems by Top Competitors Eaton, Virtual Extension, Dialight., Zumtobel Group AG, SAMSUNG , SHARP CORPORATION, Lumileds Holding B.V., NICHIA CORPORATION, OSRAM Opto Semiconductors GmbH. and Others
Global LED Lighting Market the competitive environment, market share, growth rates, future trends, market drivers, opportunities and challenges, sales channels and distributors. This report examines the size of the global market in key areas such as North America, Europe, Asia Pacific, Central and South America and the Middle East and Africa. The industry report lists the leading competitors and analyzes the key market factors that influence the strategic industry. The Global LED Lighting Market is valued at $million in 2018.
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Major Market Drivers & Restraints:
- Increase demand for energy-efficient lighting systems.
- Growth in the field of IOT.
- Low LEDs prices.
- High demand for LED from smart cities.
- Lack of alertness towards installation costs and payback periods.
- Development of substitute.
The global LED lighting market is segmented into installation type, end-user, service, application, product type, and geographical segments.
Based on installation type, the global led lighting market is segmented into new installation, and retrofit.
On the basis of end-use application, the global led lighting market is classified into indoor lighting and outdoor lighting .Indoor lighting is further sub segmented into residential, commercial sector, and industrial sector. Commercial sector is further sub segmented into office lighting, space malls, and hospitality. Outdoor lighting is further sub segmented into highway & roadway, architectural, public areas and others.
Based on product type, the global led lighting market is segmented into lamps, luminaires.
Based on geography, the global LED lighting market report covers data points for 28 countries across multiple geographies namely north America & south America, Europe, Asia-pacific and, middle east & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, turkey, Russia, china, India, south Korea, japan, Australia, Singapore, Saudi Arabia, south Africa and, brazil among others.
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The global LED lighting market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of LED lighting market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors/Players:
- Philips Lighting Holding B.V.,
- GENERAL ELECTRIC,
- Cree Inc.,
- Virtual Extension.,
- Zumtobel Group AG,
- SAMSUNG ,
- SHARP CORPORATION,
- Lumileds Holding B.V.,
- NICHIA CORPORATION,
- OSRAM Opto Semiconductors GmbH.,
- Semiconductor Co. Ltd.,
- LG INNOTEK.,
- SYSKA LED
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