Global LED Lighting Market, Global LED Lighting Industry: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit How Is Global Led Lighting Market Positioned? Overview: Global LED lighting market has witnessed a rapid growth over the recent past. The market is currently at the growth stage and the growth is attributed to the increase in government interventions along with boom in construction industry in various regions. The LED penetration in the global world has reached to ~% in 2019 from ~% in 2014. It has successfully penetrated the commercial sector and the usage is increasing in the residential and industrial sector. Connected lighting systems are anticipated to emerge as one of the most critical components of the smart city infrastructure by contributing largely to the sustainability goals of the projects which will drive the growth of LEDs. Market: The global LED lighting market witnessed a growth of CAGR ~% during 2014-2020 in terms of value. The market is witnessing strong growth owing to declining prices from $~ in 2014 to $~ in 2019. Engagement by the governments of developed economies (UK & US) and emerging economies (India & China) in the promotion of LED lighting products by providing the tax incentives and subsidies for these product along with rapid enhancement in technology and decreasing ASP are playing a significant role in the growth of the market. Smart buildings will accelerate the adoption of smart lighting more than any other segment. Global LED Lighting Market Segmentation By Type: Luminaires dominate the global LED lighting market, contributing a share of ~% to the total revenues in 2020P followed by Lamps that held a share of ~%. The availability of wide product variants has added to the increased revenues from luminaires. By Type of LED Luminaires: The increasing use of LED Troffers for both residential and commercial purposes has made this segment dominate the luminaires market with a revenue share of ~% in 2020P followed by Downlights and Highbay with ~% and ~% respectively. By Type of LED Lamps: The LED A- lamps segment is dominating the market with a revenue share of ~% in the year 2020P; however, the LED tubes segment is expected to grow at a high CAGR in the forecasted period. By Usage: The indoor LED lighting segment is dominating the market with majority revenue share in 2020P; however, the outdoor LED lighting segment is expected to grow at a high CAGR. By Sector: Residential lighting segment has witnessed high growth due to the adoption of LED A-type lamps but commercial application continues to lead the market applications. Increased awareness among the customers regarding energy saving benefits of LED lights has been a major driver for the increased application of LED lighting system by the residential customers. By Distribution Channel: The rising demand for advanced lamps such as MR-16 lamps and reflector lamps, especially in retail applications such as small stores, retail shops, and malls, is expected to help the segment retain dominance; however, they are now losing share to direct sales (project-based solutions). By Region: Asia- Pacific region to witness fastest growth rate and is strengthening its position due to strong economic growth driven mainly by China. It is followed by North America and Europe. Asia-Pacific: Asia-Pacific dominated the market by contributing revenue share of ~% in 2020P. China plays a significant role in this region due to its large economic size & strong growth and contributed around ~% of the total revenues in 2020P. The Indian LED market has seen a tremendous growth @ CAGR 18.0% for the period 2014-2020 and is likely to become cost competitive vs. China on export of manufactured goods due to increasing and higher labor costs in China. Heavy demand for new construction, rising usage in residential application along with declining LED prices will strengthen its position. North America: Encouraging government initiatives and rebate programs along with the emergence of smart light filling technology has increased the revenue share of North America to ~% in 2020P. Rising trend of connected lighting controls for indoor and outdoor applications has been a major growth factor. Europe: Europe contributed ~% of the revenue share with Germany capturing the highest market share of ~% in 2020P. Rising implementation of advanced lighting system across residential and commercial sector is expected to drive growth Latin America: Latin America contributed ~% revenue share of LED Lighting market in the global world. Growth in urban lighting along with residential, outdoor, and architectural applications in Brazil, Mexico and Argentina is expected to drive the market. Solid demand from housing and infrastructure developments in Chile, Peru, and Colombia is expected to lead to above-average growth. Middle East: Middle East and Africa (MEA) contributed ~% revenue share of LED Lighting market in the global world. Development of smart buildings and smart cities, is fuelling LED growth. Huge investments (~$1,580 bn for the year 2019-2023F) in public and private infrastructure are observed in UAE, Qatar and Saudi Arabia. Outdoor lighting systems are also used as a measure of attracting tourists towards popular sites in UAE such as Dubai Mall uses light and water show, Burj Khalfia organized light show. Moreover, global events scheduled in the GCC countries such as The 2020 Dubai World Expo and the 2022 Qatar World Cup along with rural electrification in Africa will drive the LED lighting market. Key Segments Covered:- By Type of LED Luminaires Lamps By Type of LED Luminaries Troffers Downlights High Bay Outdoor Area Lights Roadway Fixtures Other Luminaries By Type of LED Lamps A-Lamps Tubes Reflectors Other Lamps By Usage Indoor Outdoor By End User Commercial Residential Industrial Others By Distribution Channel Retail Sales Project Sales By Region Asia-Pacific North America Europe Latin America Middle East and Africa Companies Covered:- Signify OSRAM GE Lighting Acuity Brands Cooper Industries (Eaton) Zumtobel Group Seoul Semiconductor Everlight Electronics Cree Inc. Dialight PLC Syska LED Bajaj Electricals Panasonic PT. Honoris Industry Solarens Ledindo PT. Holz International Technology Firefly Electric and Lighting Yatai International Akari Lighting & Technology TCP Holdings Hubbell Incorporated Felio Sylvania Nikkon NVC Lighting National Lighting Company Al Nasser Group Key Target Audience:- LED Lighting Manufacturers LED Lighting Suppliers LED Lighting OEMs/Assemblers LED Lighting Importers/Exporters Research organizations and consulting companies Government bodies such as regulating authorities and policy makers Market research and consulting firms Time Period Captured in the Report:- Historical Period – 2014-2019 Forecast Period –2019-2025F For More Information on the research report, refer to below link:- Global LED Lighting Market Related Reports:- Global Organic Light-Emitting Diode (OLED) Materials Market Report 2020 By Key Players, Types, Applications, Countries, Market Size, Forecast To 2026 (Based On 2020 COVID-19 Worldwide Spread) Global Led Glass Market Report 2020 By Key Players, Types, Applications, Countries, Market Size, Forecast To 2026 (Based On 2020 COVID-19 Worldwide Spread) UAE LED Lighting Market Outlook To 2023- By LEDs Lamps (LED Reflectors, LED Tubes, Others); Luminaires (Downlights, Troffers, Outdoor Area Lights, Roadway Fixtures, Spot Lights And Other Luminaires), By Usage (Indoor And Outdoor), By End Users Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Acuity Brands LED Lighting Market Size, Akari Lighting & Technology LED Lighting Market Sales, Al Nasser Group LED Lighting Market Revenue, Asia Pacific LED Lighting Market, Bajaj Electricals LED Lighting Market Sales, Brazil LED Lighting Market, China LED Lighting Market, Cooper Industries (Eaton) LED Lighting Market Sales, Covid-19 Impact Global LED Lighting Industry, Covid-19 Impact Global LED Lighting Market, Cree Inc. 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