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<br>The global LED lighting market is projected to expand at a CAGR of 10.73% over the forecast period to grow to US$101.900 billion by 2024 from US$55.282 billion in 2018.The market is segmented by Installation Type, by Products, by End-User, and by Geography with country level analysis.
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LED Lighting Market Forecast From 2020 to 2025
DESCRIPTION The global LED lighting market is projected to expand at a CAGR of 10.73% over the forecast period to grow to US$101.900 billion by 2024 from US$55.282 billion in 2018. The growing focus on reducing power consumption globally is significantly driving the demand for LED lighting solutions. The recent reduction in the prices of LED lighting products along with the simultaneous rise in the disposable income is projected to boost the adoption of LED lighting solutions globally during the forecast period.
Key Questions Answered By The Report • What will be theLED Lighting Marketfrom 2020 to 2025? • How are the major drivers and restraints affecting the LED Lighting Market. • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Segments Covered Under LED Lighting Market are : • • By Installation Typeo Fixtureo Retrofit • • By Productso Lampo Luminaires • • By End Usero Commercialo Residentialo Industrialo Others
Geography • North America • United States • Canada • Mexico • Others • South America • Brazil • Argentina • Others
Geography Europe • Germany • France • Italy • United Kingdom • Others Middle East and Africa • Israel • Saudi Arabia • UAE • Others Asia Pacific • Japan • China • India • Others
COMPANY PROFILES • Osram GmbHKoninklijke Philips N.V.Cree, Inc.Samsung Electronics Co., Ltd.Sharp CorporationZumtobel Group AGEatonGeneral Electric CompanyDialight PLCEverlight Electronics Co. Ltd.Acuity Brands Lighting, Inc.
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