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 »
US LED Lighting Market Revenue Is Expected To Grow at a Rapid Pace Owing to the Rising Number of Players Entering the LED Lighting Industry: Ken Research Lighting market was traditionally dominated by fluorescent tube lights (FTLs) and incandescent bulbs (ICLs) until a decade ago. The prime reasons attributed to their dominance were easy availability, cheaper products relative to other lighting products and easy installation. However, these lighting sources were highly inefficient in terms of energy consumption. FTLs and ICLs use close… Read More »
Reduction in Prices of LED, Low Market Penetration and Increasing Awareness campaigns about Energy Savings Supported the Sales of LED in US: Ken Research As per the report titled “US LED Lighting Market Outlook to 2021” by Ken Research, the overall LED lighting market of the US is expected to generate revenue of USD 23.6 billion by 2021 by growing at an expected 5 year CAGR of 25.7%. The US, being considered as the most developed country of the… Read More »
US LED Lighting Market Outlook to 2021: Ken Research The report titled “US LED Lighting Market Outlook to 2021- Demand for Energy Efficient Lighting and Government Initiatives to Lighten the Future” provides a comprehensive analysis of LED Lighting market in US. The report focuses on various aspects such as market size of US LED lighting industry by revenue generated and production volume and market… Read More »
