slide1 n.
Skip this Video
Loading SlideShow in 5 Seconds..
LED lighting Market size forecast to witness growth at 28 % CAGR from 2016 to 2023 PowerPoint Presentation
Download Presentation
LED lighting Market size forecast to witness growth at 28 % CAGR from 2016 to 2023

Loading in 2 Seconds...

  share
play fullscreen
1 / 6
Download Presentation

LED lighting Market size forecast to witness growth at 28 % CAGR from 2016 to 2023 - PowerPoint PPT Presentation

GMInsights99
170 Views
Download Presentation

LED lighting Market size forecast to witness growth at 28 % CAGR from 2016 to 2023

- - - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript

  1. LED lighting Market size forecast to witness growth at 28 % CAGR from 2016 to 2023, to reach over USD 45 billion during forecast period: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024 Low Power Wide Area Network

  2. Regional Analysis of LED Lighting Market: • The industry can be further bifurcated on the basis of region which includes North America, Europe, Asia Pacific, Latin America and MEA. • Asia Pacific LED lighting market developed relatively earlier and accounted for over 40% of the overall share in 2014. • China LED lighting market is expected to grow at a CAGR of over 35% from 2016 to 2023.

  3. Application Analysis of LED Lighting Market: • The commercial LED lighting market is primarily driven by energy efficiency and enhanced controllability over the forecast period. • The consumers are willing to pay for a new lighting fixture for the first installation. • For residential and office lighting sectors, the average cost increases to 30% and 39% respectively. • Key application markets include industrial lighting, outdoor lighting, architectural lighting and commercial lighting.

  4. Competitive Market Share of LED Lighting Market: • Epistar is mainly focused on 200mm technology. Other major companies such as Philips, Samsung and OSRAM are concentrating GaN on silicon technology. • Industry shifts offer entry points for new players and build momentous opportunities to achieve rapid increase in share.

  5. Browse Full Market Research Report On LED Lighting Market @ https://www.gminsights.com/industry-analysis/led-lighting-market Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/288

  6. Stay In Touch Website: www.gminsights.com Social Media: