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Major Players in LED Lighting Market are:
LED Lighting Market By applications :
LED Lighting Market By Types:
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.
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