LED lights are rapidly gaining traction among consumers due to their multiple benefits. They are preferred over other lights such as incandescent lights and compact fluorescent lights (CFLs), because of their energy efficiency. LEDs consume up to 75% less energy than other bulbs and have longer lifespans — 60,000 hours compared to 1,500 hours from incandescent bulbs and 8,000 hours from CFLs. LEDs are also known as green lighting systems because of their energy-efficient features.
The energy efficiency of LED lights is driving growth in the global LED market. In addition, the need for low electricity consumption and growing awareness of green technology have made manufacturers focus on energy-efficient and eco-friendly lights. Governments are also taking up multiple projects and providing subsidies in order to promote LED lights.
Publisher’s analysts forecast the Global LED Market to grow at a CAGR of 15% during the period 2016-2020.
Complete Report Available at http://www.reportsweb.com/global-led-market-2016-2020 .
The report covers the present scenario and the growth prospects of the Global LED Market for 2016-2020. The market size is calculated on the basis of revenue generated from four segments: general lighting, backlighting, automotive lighting, and others.
The market is divided into the following segments based on geography:
– Americas
– APAC
– EMEA
Publisher’s report, Global LED Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
– Cree
– GE Lighting
– LG Innotek
– Lumileds
– Nichia
– OSRAM
– Samsung Electronics
– Seoul Semiconductor
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Other prominent vendors
– Dialight
– Eaton
– Emerson Electric
– Everlight Electronics
– Lite-On
– MLS Electronics
– Toshiba Lighting and Technology
– Toyoda Gosei
Market driver
– Need for low electricity consumption
– For a full, detailed list, view our report
Market challenge
– Introduction of flip chip LEDs
– For a full, detailed list, view our report
Market trend
– Reduction in price of LED components
– For a full, detailed list, view our report
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Table of Contents:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Industry overview
PART 06: Technology landscape
PART 07: Market landscape
PART 08: Market segmentation by application
PART 09: Geographical segmentation
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
PART 16: Appendix
PART 17: Explore Publisher
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