LED Lighting Market, By Product Type (LED Bulbs, Bare LED Tubes, LED Fixtures, LED Down lights and Others), By Services (Installation Services, Consulting Services and Maintenance & Support Services), By End User (Residential, Commercial, Industrial), By

LED Lighting Market, By Product Type (LED Bulbs, Bare LED Tubes, LED Fixtures, LED Down lights and Others), By Services (Installation Services, Consulting Services and Maintenance & Support Services), By End User (Residential, Commercial, Industrial), By Application (Outdoor, Indoor, Backlighting, Automotive and Others) and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

LED is stands for light emitting diode. LED produces visible light when current is passed through a semiconductor device. The color of light depends upon energy required for electron to cross the band gap of semiconductor. LED can produce broad range of color such as red, yellow, blue, green, white, purple, bi-color, tri-color and infrared. LED’s are most efficient light bulbs in the market. It consumes 90% less energy compared to other bulb technology available in the market. Furthermore, LED offers long lifespan, durability, design flexibility, energy efficiency, economic efficiency, low-voltage operation, zero UV emissions, various sizes etc. LED’s are used in indoor lighting, outdoor lighting, and as a backlight source in LCD display, automobile lights.
Market Dynamics
Rising awareness among the people about energy shortage is expected to fuel the Global LED Lighting Market in the forecast period. People are becoming more aware about the global energy shortage, making more energy conscious choices in there day to day today life. Moreover, companies are also preferring LED over other light bulbs. LED are cheaper, provides long compared to other devices. Using LED devices companies also showcase their concern about environment which eventually help companies to create good will among the society. Government of different countries have separate bodies to create rules and regulation for energy consumption and also create awareness among the people about energy conversion. For instance, Bureau of Energy Efficiency, is an Indian Government agency specially established to develop programs which will increase the conservation and efficient use of energy in India. Make aware the people about current energy problems world facing. These factors will drive the growth of Global LED Lighting Market in the forecast period.
Market Taxonomy
This report segments the global strobe and beacons market on the basis of product type, service end-use industry, application and region. On the basis of product type, Global LED Lighting Market is segmented into LED Bulbs, Bare LED Tubes, LED Fixtures, LED Downlights and Others. On the basis of By Services, the Global LED Lighting Market is segmented into Installation Services, Consulting Services and Maintenance & Support Services. On the basis of By End User, the Global LED Lighting Market is segmented into Residential, Commercial and Industrial. On the basis of By Application, the Global LED Lighting Market is segmented into Outdoor, Indoor, Backlighting, Automotive and Others. On the basis of region, Global LED Lighting Market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
Key features of the study:
This report provides an in-depth analysis of the Global LED Lighting Market and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2022 - 2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the Global LED Lighting Market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered in the Global LED Lighting Market includes, Daktronics Inc., OSRAM Licht AG, Hubbell Lighting, Inc., GE Lighting, LLC, Acuity Brands Lighting, Inc., Cree, Inc., Toshiba Lighting and Technology Corporation, Sharp Corporation, Philips Lumileds Lighting, Eaton Corporation (Cooper Industries PLC), and Samsung Electronics Co. Ltd.
These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
The Global LED Lighting Market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Global LED Lighting Market.
Detailed Segmentation:
Global LED Lighting Market, By Product Type:
LED Bulbs
Bare LED Tubes
LED Fixtures
LED Downlights
Others
Global LED Lighting Market, By Services:
Installation Services
Consulting Services
Maintenance & Support Services
Global LED Lighting Market, End User:
Residential
Commercial
Industrial
Global LED Lighting Market, By Application:
Outdoor
Indoor
Backlighting
Automotive
Others
Global Strobe and Beacons Market, By Region:
North America
Europe
Asia Pacific
Latin America
Middle East
Africa
Company Profiles
Daktronics Inc.*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
OSRAM Licht AG
Hubbell Lighting, Inc.
GE Lighting, LLC
Acuity Brands Lighting, Inc.
Cree, Inc.
Toshiba Lighting and Technology Corporation
Sharp Corporation
Philips Lumileds Lighting
Eaton Corporation (Cooper Industries PLC)
Samsung Electronics Co. Ltd.
*Browse all the market data tables and figures on “Global LED Lighting Market - Forecast to 2027”