LED Lighting Market Historical Trends and Future Prospect till 2031

[2023-2030] A thorough and in-depth analysis of the situation of the global LED Lighting market is provided in the new research report. Additionally, the market for radiant heating systems is segmented in the research report by the leading companies and brands, region, type, and end user. Additionally, this study looks at the sales channels and distributors, market share, growth rate, future trends, market drivers, opportunities, and challenges in the global LED Lighting market. The production, apparent consumption, export, and import of radiant heating systems are categorised by region in this research, including North America, Europe, China, Japan, Southeast Asia, and India.

Get a Sample PDF of report –

Major Players in LED Lighting Market are:

  • Philips Lighting
  • Osram
  • GE Lighting
  • Eaton Cooper
  • Cree
  • Acuity Brands
  • Hubbell
  • Lighting Science
  • Feit Electric
  • Soraa
  • Samsung LED

    LED Lighting Market By applications :

  • Residential
  • Office
  • Industrial
  • Shop
  • Hospitality
  • Others

    LED Lighting Market By Types:

  • Spot Light
  • Led Luminaires
  • Street light
  • Bulbs
  • FL tube

    Short Description About LED Lighting Market:

    LED lighting, also known as solid-state lighting, is a semiconductor-based lighting technology. Light Emitting Diode (LED) is a solid-state semiconductor device, which can convert electricity directly into light.

    Global LED Lighting key players include Osram, Philips, GE Lighting, etc. Global top three manufacturers hold a share about 25%.

    China is the largest market, with a share about 30%, followed by North America and Europe, both have a share about 45 percent.

    In terms of product, Bulbs is the largest segment, with a share about 30%. And in terms of application, the largest application is Residential, followed by Office.

    Market Analysis and Insights: Global LED Lighting Market

    In 2020, the global LED Lighting market size was USD 30710 million and it is expected to reach USD 43650 million by the end of 2027, with a CAGR of 5.2% during 2021-2027.

    Global LED Lighting Scope and Market Size

    LED Lighting market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global LED Lighting market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.

    For More Related Reports Click Here :

    What is the growth rate of the global Adenovirus Diagnostic Testing market?

    What is the projected market size & growth rate of the Foliar Sprays Market?

    What is the projected market size & growth rate of the Industrial Boiler Cleaning Equipment Market?

    What are the key trends of the global Non Invasive Ventilation Devices market?

    What are the key driving factors for the growth of the Cold Brew Coffee Market?

    What is the growth rate of the global Payment Terminal market?

    What is the growth rate of the global Stabilized Starch market?

  • Related Articles

    Back to top button