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Copyright © IMARC Service Pvt Ltd. All Rights Reserved
Global LED
Lighting Market
Research Report
and Forecast 2024
Report Edition: 2019
© 2019 IMARC All Rights Reserved
Report DescriptionAbout IMARC Group
The International Market Analysis Research and Consulting Group is a leading adviser on
management strategy and market research worldwide. We partner with clients in all sectors
and regions to identify their highest-value opportunities, address their most critical
challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing
methods are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our
clients achieve unmatchable competitive advantage, build more proficient organizations, and
secure lasting results.
Report DescriptionReport Description and Highlights
Global LED Lighting Market Overview:
Over the recent years, the global LED lighting market has been witnessing a healthy growth on account
of various initiatives undertaken by government. This can also be attributed to the advantages of LED
lighting which include consuming less energy, producing less heat and surviving for a longer duration. A
light-emitting diode (LED) is a semiconductor, electroluminescence device that emits light when an
electric current is passed through it. Cost-effectiveness, reliability, minimal power consumption, and a
longer life-span are some of the key benefits offered by LED lights when compared with the
conventional lighting systems, such as incandescent and compact fluorescent light (CFL) bulbs. Owing
to these benefits, these lights find extensive applications in both the outdoor and indoor settings
across various industry verticals, ranging from electronics to healthcare.
Global LED Lighting Market Trends
The global market is driven by the rising environmental consciousness across the globe, which has led
to an accelerated shift toward the adoption of energy-efficient lighting solutions. Other factors,
including technological advancements and the emerging trend of smart cities, are projected to drive
the market further.
Report DescriptionReport Description and Highlights
120.2
125.5 130.8 136.1 141.4 146.7 152.0 157.3
0
20
40
60
80
100
120
140
160
2011 2012 2013 2014 2015 2016 2017 2018
inBillionUS$
160.0 165.3 170.6 175.9 181.2 186.5
0
20
40
60
80
100
120
140
160
180
2019 2020 2021 2022 2023 2024
InBillionUS$
Furthermore, the implementation of favorable government policies promoting the utilization of LED
lighting systems, along with significant investments by both the government and non-governmental
sectors, is creating a positive impact on the market.
Request for a free sample report: https://www.imarcgroup.com/led-manufacturing-
plant/requestsample
Report DescriptionReport Description and Highlights
LED Lighting Market Segmentation
Market Segmentation by Application
• Retrofit
• Retail and Hospitality
• Outdoor
• Offices
• Architectural
• Homes
• Industry
On the basis of application, the market has been segmented as retrofit, retail and hospitality, outdoor,
offices, architectural, homes and industry. Currently, retrofit represents the largest segment as it has
gained immense popularity across the globe. Conventional lighting systems ranging from indoor to
outdoor lighting are being replaced by the retrofitting of existing lighting fixtures with LEDs.
For more information, click here: https://www.imarcgroup.com/led-manufacturing-plant
Report DescriptionReport Description and Highlights
Market Segmentation by Region
• India
• China
• Europe
• United States
• Japan
• Brazil
• Russia
Region-wise, the market has been segmented into India, China, Europe, United States, Japan, Brazil
and Russia. Amongst these, China is the leading producer as well as consumer of LED lighting products
across the globe.
Competitive Landscape:
The competitive landscape of the market has also been examined with some of the key players.
Report DescriptionReport Description and Highlights
• Nichia
• Osram
• Samsung Electronics
• Everlight Electronics
• LG Innotek
A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients
A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients
Report DescriptionReport Description and Highlights
© 2019 IMARC All Rights Reserved
This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of
International Market Analysis Research and Consulting (IMARC). No part of this publication may be
reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be
used in any form or by and means graphic electronic or mechanical, including photocopying, recording,
taping or by information storage or retrieval, or by any other form, without the express consent of
International Market Analysis Research and Consulting (IMARC).
Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been
based on information and sources believed to be accurate and reliable at the time of publishing.
International Market Analysis Research and Consulting makes no representation of warranty of any kind as to
the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any
loss or damage resulting from opinion, errors or inaccuracies if any found this publication.
IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market
Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of
their respective companies.
FOR MORE DETAILS
Visit us at :
Stay With Us:
TELEPHONE: +1-631-791-1145
E-MAIL: sales@imarcgroup.com
https://www.imarcgroup.com
Contact Us

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LED Lighting Market Trends, Growth, Share, Size, Demand by Region and Forecast Till 2024

  • 1. Copyright © IMARC Service Pvt Ltd. All Rights Reserved Global LED Lighting Market Research Report and Forecast 2024 Report Edition: 2019 © 2019 IMARC All Rights Reserved
  • 2. Report DescriptionAbout IMARC Group The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.
  • 3. Report DescriptionReport Description and Highlights Global LED Lighting Market Overview: Over the recent years, the global LED lighting market has been witnessing a healthy growth on account of various initiatives undertaken by government. This can also be attributed to the advantages of LED lighting which include consuming less energy, producing less heat and surviving for a longer duration. A light-emitting diode (LED) is a semiconductor, electroluminescence device that emits light when an electric current is passed through it. Cost-effectiveness, reliability, minimal power consumption, and a longer life-span are some of the key benefits offered by LED lights when compared with the conventional lighting systems, such as incandescent and compact fluorescent light (CFL) bulbs. Owing to these benefits, these lights find extensive applications in both the outdoor and indoor settings across various industry verticals, ranging from electronics to healthcare. Global LED Lighting Market Trends The global market is driven by the rising environmental consciousness across the globe, which has led to an accelerated shift toward the adoption of energy-efficient lighting solutions. Other factors, including technological advancements and the emerging trend of smart cities, are projected to drive the market further.
  • 4. Report DescriptionReport Description and Highlights 120.2 125.5 130.8 136.1 141.4 146.7 152.0 157.3 0 20 40 60 80 100 120 140 160 2011 2012 2013 2014 2015 2016 2017 2018 inBillionUS$ 160.0 165.3 170.6 175.9 181.2 186.5 0 20 40 60 80 100 120 140 160 180 2019 2020 2021 2022 2023 2024 InBillionUS$ Furthermore, the implementation of favorable government policies promoting the utilization of LED lighting systems, along with significant investments by both the government and non-governmental sectors, is creating a positive impact on the market. Request for a free sample report: https://www.imarcgroup.com/led-manufacturing- plant/requestsample
  • 5. Report DescriptionReport Description and Highlights LED Lighting Market Segmentation Market Segmentation by Application • Retrofit • Retail and Hospitality • Outdoor • Offices • Architectural • Homes • Industry On the basis of application, the market has been segmented as retrofit, retail and hospitality, outdoor, offices, architectural, homes and industry. Currently, retrofit represents the largest segment as it has gained immense popularity across the globe. Conventional lighting systems ranging from indoor to outdoor lighting are being replaced by the retrofitting of existing lighting fixtures with LEDs. For more information, click here: https://www.imarcgroup.com/led-manufacturing-plant
  • 6. Report DescriptionReport Description and Highlights Market Segmentation by Region • India • China • Europe • United States • Japan • Brazil • Russia Region-wise, the market has been segmented into India, China, Europe, United States, Japan, Brazil and Russia. Amongst these, China is the leading producer as well as consumer of LED lighting products across the globe. Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players.
  • 7. Report DescriptionReport Description and Highlights • Nichia • Osram • Samsung Electronics • Everlight Electronics • LG Innotek
  • 8. A partial List of our Clients We are the trusted business partners to the world's leading corporates, governments, and institutions Partial List of Clients
  • 9. A partial List of our Clients We are the trusted business partners to the world's leading corporates, governments, and institutions Partial List of Clients
  • 10. Report DescriptionReport Description and Highlights © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
  • 11. FOR MORE DETAILS Visit us at : Stay With Us: TELEPHONE: +1-631-791-1145 E-MAIL: sales@imarcgroup.com https://www.imarcgroup.com Contact Us