Led Lighting Industry Market Research Report Download

About 95 of the energy in leds is converted into light and only 5 is wasted as heat which is leading consumers to opt for a more efficient form of lighting.

Led lighting industry market research report download.

The objective of the report is to present comprehensive analysis of global led lighting market for automotive including all the stakeholders of the industry. Industrial and commercial led lighting market size was estimated at usd 21 53 billion in 2014 and is expected to witness significant growth over the forecast period. The global led lighting market size was valued at usd 54 00 billion in 2019 and is projected to expand at a compound annual growth rate cagr of 13 4 from 2020 to 2027. High efficiency reliability and longer life span are expected to drive led demand over conventional technologies.

The study which has been done by one of the world s leading research and advisory firms covers all the requisite aspects of the. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The industry report lists the leading competitors and provides the insights strategic industry analysis of the key factors influencing the market. Led lighting products produce light approximately 90 more efficiently than incandescent light bulbs such as fluorescent and incandescent lights.

Horticulture lighting market growth trends and forecast 2020 2025 the horticulture lighting market is segmented by lighting type toplighting interlighting technology led high pressure sodium light application vegetables and fruits floriculture and geography. Global led lighting market will reach usd 54 28 billion by 2022 growing at a cagr of 13 between 2017 and 2022. Imarc s latest study indian led lighting market.