Construction Equipment Market is expected to garner $288.8 billion by 2022, registering a CAGR of 9.2% during the forecast period 2016-2022. Get Sample Copy @ https://www.alliedmarketresearch.com/request-sample/652 The world construction equipment market has earlier faced slowdown due to sluggish economic conditions and slow growth of the construction industry, however the market is expected to grow at a steady growth rate in the coming years. Increasing industrial, residential, and commercial construction activities, global economic growth, and rising public-private partnerships is expected to drive the market. However, government regulations concerning carbon emission and fluctuations in oil prices, restrain the market growth. Rising government investments for infrastructure development is expected to offer lucrative opportunities for growth.

1. Opportunity Analysis and Industry Forecast, 2016-2023
Light Emitting
Diodes (LED) Market
Global Opportunity Analysis and Industry
Forecast,2014-2020

2. Global LED Market by Type and Application: Global Opportunity Analysis
and Industry Forecast, 2018-2024, The global LED market was valued at
$33.10 billion in 2017, and is projected to reach $96.71 Billion by 2024,
registering a CAGR of 15.9% from 2018 to 2024
Light Emitting Diodes (LEDs) are used in variety of applications. A few years
ago, application of LED was limited to certain specific lighting needs and had
not entered the mainstream general lighting applications. Entrance of LED in
applications such as general lighting has given a strong thrust to the market.
LED is expected to take over the conventional CFL and CCFL lighting market
due to advanced features. Moreover, it is a cost effective solution for all lighting
as well as other application purposes such as backlighting in mobile devices
and large screen displays, automotive lighting and many others.
LED Market Market Overview :-

3. Government bodies such as local government and municipal utilities and states
provide rebates for promoting installation of renewable energy systems and
energy efficiency measures. These programs provide funding for energy saving
solutions such as bulbs, solar water heating and photovoltaic (PV) systems.
Utility companies are also providing various rebates to their commercial and
industrial customers for helping them cope with future energy cost increases
provide significant energy and economic benefits to the utility system and
ratepayers and reduce greenhouse gases. Therefore, this adds value to drive
the LED market.
However, high initial cost impede the growth of the market. In future, growth in
smart lighting and high efficacy LED are expected to create lucrative
opportunities for the key players operating in the LED market.
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LED Market Overview :-

4. TOP FACTORS IMPACTING LED MARKET
LED Market Top Impacting Factors :-

5.  Increase in Government Focus on Energy Saving Solutions
Incandescent bulbs are being phased out in several regions such as Europe,
U.S. and China. As LED lamps are more efficient in terms of energy
consumption and provide high luminous intensity, countries are focusing on
energy saving solutions. Governments are working towards developing more
efficient and energy saving lighting solutions by providing energy efficiency
certification programs. Furthermore, LED lamps have larger product life span
(up to thousand hours) in comparison to incandescent bulbs, which leads to
consumers spending less amounts on bulb replacements. Therefore, this leads
to drive the demand for the LED market.
 Increase in Utility Rebates
Government bodies such as local government and municipal utilities and states
provide rebates for promoting installation of renewable energy systems and
energy efficiency measures. These programs provide funding for energy saving
solutions such as bulbs, solar water heating and photovoltaic (PV) systems.
LED Market Top Impacting Factors :-

6.  High Initial Cost
LEDs are considered costly just because of the high initial capital cost in
comparison to conventional lighting technologies. Further, cost includes
circuitry and power supplies required. However, this is the perspective when
talking of the initial investment; however, the total cost (considering the lifetime
of LED) would be lower than conventional technologies. The total cost of
ownership of LEDs including the maintenance and energy cost is lower than
that of the halogen and incandescent sources. However, the high investments
in initial level restricts initial acceptance of LEDs. Hence, it restricts the adoption
of the LED market.
LED Market Top Impacting Factors :-

7. LED Market Market Segmentation :-
• By Product Type
• By Device Configuration
• By Technology
• By End-user
• By Application
• By Region
Key Segments:
LED (Light Emitting Diodes)
Market

8. KEY BENEFITS:
 This study comprises analytical depiction of the global LED market with
current trends and future estimations to depict the imminent investment
pockets.
 The overall market potential is determined to understand the profitable
trends to gain a stronger foothold.
 The report presents information related to key drivers, restraints, and
opportunities with a detailed impact analysis.
 The current market is quantitatively analyzed from 2017 to 2024 to
benchmark the financial competency.
 Porter’s Five Forces analysis illustrates the potency of the buyers and
suppliers in the industry.
LED Market Market key Benefits :-

9. Key Findings of the LED Market:
 The residential segment generated the highest revenue in the global LED
market in 2017.
 In 2017, the general lighting segment contributed to the highest revenue in
the application segment.
 Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast
period.
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LED Market Market key Findings :-

10. Profiled Key Market Players:-
 Nichia Corporation
 Osram GmbH
 Lumileds Holding B.V.,
 Seoul Semiconductor
 Samsung Electonics
 Everlight Electronics
 Cree Inc.,
 LG Innotek
 Lumens Co., Ltd.
 GE Lighting Solutions.
LED Market Profiled Key Market Players:-

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diode-market