According to Infoholic Research, Turkey LEDs market is expected to grow at a CAGR of 15.6% during the forecast period 2016–2022 to reach $344.0 million by 2022.
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THE REPORT CONTAINS THE FOLLOWING
1) Brief
2) Report Segmentation
3) Infographics (Trends and Forecast)
4) Key players
5) Benefits
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Turkey LEDs market is expected to grow at a CAGR of 15.6% during the forecast period 2016–2022
to reach $344.0 million by 2022.
The lighting segment is expected to contribute the largest contribution towards the growth whereas
the highest growth is expected from signs & boards segment which is expected to be benefitted by
technological development, decreasing LED price and industrial development of Turkish economy.
The Turkish LED market is not only focusing on building the domestic demand for LED markets but
also eyeing to cater export markets in the European region in order to fill the void created after the
ban of halogen lamps import by the European Union
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BRIEF INTRODUCTION
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Turkey LED MARKET REVENUE BY APPLICATIONS
Note: Readings are hidden; you can find the complete report at Infoholic Research.
2015 2016 2017 2018 2019 2020 2021 2022
(In$M)
LED Market Revenue Forecast
Lighting Displays / backlights Mobile Devices Signs Others (Automotive etc)
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The reports consists of insight analysis of the following companies
OSRAM
METSAN LIGHTING
PHILIPS
General Electric
Atıl Aydınlatma
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KEY PLAYERS
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• This study covers and analyzes one of the growing and revolutionizing markets in terms of light
sources in Turkey’s “Light Emitting Diodes (LEDs)” market. Bringing out the complete key insights of
this market, the aim of this report is to provide the business opportunities for players to understand
the adoption rate of LEDs types in various industry sectors, latest trends, current and future market
scenarios, and emerging technologies related to Turkish LEDs market. Some of the key points featured
in the report aiming to help the industry participants are mentioned below.
• The report provides the complete details about the LEDs’ adoption rate, applications and major
market trend, drivers, restraints, and opportunities in each LED product application areas and what are
the market trends which are going to support for LEDs adoption in each application industry. These
information help the stakeholders to understand about the current and future market scenarios to
focus or expand/invest in specific verticals.
• This report helps the stakeholders to understand the market competitiveness and available
opportunities in Turkey LEDs market. The analysis of the study provides an opportunity to the players
to improve their current business approach by providing strategic intelligence about the competition.
Some of the key industry players profiled include Osram, Philips, General Electric, among others.
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BENEFITS
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