LED Lighting Industry: Global Market Trends, Share, Size, Growth and Business Opportunity By 2024

1. Global LED Lighting Market Research Report and Forecast 2024 Report Edition: 2019 Copyright © IMARC Service Pvt Ltd. All Rights Reserved © 2019 IMARC All Rights Reserved

2. Report DescriptionAbout IMARC Group The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value challenges, and transform their businesses. opportunities, address their most critical IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

3. Report Description and Highlights Report Description Global LED Lighting Market Overview: Over the recent years, the global LED lighting market has been witnessing a healthy growth on account of various initiatives undertaken by government. This can also be attributed to the advantages of LED lighting which include consuming less energy, producing less heat and surviving for a longer duration. A light-emitting diode (LED) is a semiconductor, electroluminescence device that emits light when an electric current is passed through it. Cost-effectiveness, reliability, minimal power consumption, and a longer life-span are some of the key benefits offered by LED lights when compared with the conventional lighting systems, such as incandescent and compact fluorescent light (CFL) bulbs. Owing to these benefits, these lights find extensive applications in both the outdoor and indoor settings across various industry verticals, ranging from electronics to healthcare. Global LED Lighting Market Trends The global market is driven by the rising environmental consciousness across the globe, which has led to an accelerated shift toward the adoption of energy-efficient lighting solutions. Other factors, including technological advancements and the emerging trend of smart cities, are projected to drive the market further.

4. Report Description and Highlights Report Description 186.5 181.2 120.2125.5130.8136.1141.4146.7152.0157.3 175.9 170.6 160 180 165.3 160.0 160 140 140 120 In Billion US$ in Billion US$ 120 100 100 80 80 60 60 40 40 20 20 0 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Furthermore, the implementation of favorable government policies promoting the utilization of LED lighting systems, along with significant investments by both the government and non-governmental sectors, is creating a positive impact on the market. Request for a free sample report: https://www.imarcgroup.com/led-manufacturing- plant/requestsample

5. Report Description and Highlights Report Description LED Lighting Market Segmentation Market Segmentation by Application • • • • • • • Retrofit Retail and Hospitality Outdoor Offices Architectural Homes Industry On the basis of application, the market has been segmented as retrofit, retail and hospitality, outdoor, offices, architectural, homes and industry. Currently, retrofit represents the largest segment as it has gained immense popularity across the globe. Conventional lighting systems ranging from indoor to outdoor lighting are being replaced by the retrofitting of existing lighting fixtures with LEDs. For more information, click here: https://www.imarcgroup.com/led-manufacturing-plant

6. Report Description and Highlights Report Description Market Segmentation by Region • • • • • • • India China Europe United States Japan Brazil Russia Region-wise, the market has been segmented into India, China, Europe, United States, Japan, Brazil and Russia. Amongst these, China is the leading producer as well as consumer of LED lighting products across the globe. Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players.

7. Report Description and Highlights Report Description • • • • • Nichia Osram Samsung Electronics Everlight Electronics LG Innotek

8. We are the trusted business partners to the world's leading corporates, governments, and institutions Partial List of Clients A partial List of our Clients

9. We are the trusted business partners to the world's leading corporates, governments, and institutions Partial List of Clients A partial List of our Clients

10. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

11. Contact Us FOR MORE DETAILS Visit us at : https://www.imarcgroup.com Stay With Us: TELEPHONE: +1-631-791-1145 E-MAIL: sales@imarcgroup.com