Revenue from the China LED Lightning market is expected to be ~ Mn in 2027F owing to local energy saving targets & rising urbanization levels: Ken Research The China LED Lightning market is moderately consolidated with a few players occupying almost half of the market. The key players operating in the market are competing on the basis of quality of product, product cost, service quality & estimated revenue. The major companies dominating the China LED Lightning market for its products, services, and… Read More »
The China LED Lightning Market is witnessing a steady recovery from the disruptions induced by the Global pandemic during the year 2020-2021: Ken Research Energy Efficient: LED light bulbs are currently the most popular type of light bulb in China. They consume less energy as compared to other products, don’t have mercury in them, do not heat up while in usage, and give off bright light with a slightly cool cast making them aesthetically pleasing. Furthermore, LED bulbs come… Read More »
Global LED Lighting Market is Expected to reach USD 64.3 Billion by 2025F: Ken Research Government in various countries has increased their efforts for replacing the traditional lighting system in the public spaces especially street lighting with the new LED lighting fixture presenting huge growth opportunity. Products having technologies such as motion sensors, IOT technology, control options through mobile applications, smart lighting to gain traction. Increasing Awareness on the potential… Read More »
LED Lighting Market In Global, LED Lighting Industry In Global: Ken Research India LED Lighting Market Huge potential for growth owing to the rise in technological awareness and increase in disposable income of Indian consumers has led to a tremendous growth @ ~% CAGR in 2014-2020P. Key factors behind this are the continuous declining LED prices in the country and favorable government initiatives, such as UJALA and… Read More »
Global LED Lighting Market, Global LED Lighting Industry: Ken Research 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… Read More »
Rapid Urbanization, Digitization, Changing Lifestyle & Consumer Preferences for Lower Electricity Consumption is Expected to fuel growth: Ken Research Heavy demand for new construction, rising usage in residential application along with declining LED prices will strengthen Asia’s position. Rising Government Interventions: Governments around the world have passed measures to phase out incandescent light bulbs for general lighting in favor of more energy-efficient lighting alternatives. Moreover, engagement by the governments of developed economies (UK &… Read More »
Global LED Lighting Market Outlook to 2025: Ken Research The report titled “Global LED Lighting Market Outlook to 2025– Rise in Government Interventions, Rapid Technological Advancements and Rise in Smart City Projects will Drive the Market” provides a comprehensive analysis on global LED Lighting market. The report covers various aspects including the current global lighting scenario in value, its segmentations viz, type of LEDs,… Read More »
