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China's Hongbo Group invested $100 million to build a LED lamp factory in Poland.
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New from NewSient.com
Global LED lighting market is expected to surpass more than US$ 100 Billion by the end of year 2024. The massive transformation of LED lighting from conventional lighting is happening due to advancement of its features like efficiency, durability, Environmental-friendly and cost effectiveness. All these features of LED lighting is widely recognized and adopted by household, government organisation, industrial sector and commercial segment. Global LED lighting market is segmented into seven parts by application: Residential application, Office application, Retail/Shop application, Hospitality application, Industrial application, Outdoor application and Architectural application. The market is also categorized by five regions: Europe, North America, Asia, Latin America and Middle East & Africa. Asia is one of important destination for LED lighting market and has captured highest market share in global LED lighting market.
Global LED Lighting Market & Forecast: We have defined global LED lighting market by adding all defined regions. Market historical data taken from 2011 to 2016 and forecast from 2017 to 2024.
Report provides global LED lighting market share by Application, by Region and by Companies.
by Application: We have segmented the LED Lighting market into seven applications which are Residential, Office, Retail/Shop, Industrial, Hospitality, Outdoor and Architectural.
by Region: The report consists of five regions: Europe, North America, Asia, Latin America and Middle East & Africa.
by BRIC: We have covered LED Market of BRIC countries which are Brazil, Russia, India and China.
by European Countries: It has mentioned several European countries government public procurement of LED lighting via GPP (Green Public Procurement) and several initiatives taken to promote LED lighting.
Key Growth Drivers & Challenges: It studies the different factor which helps to grow global LED lighting. We have comprehensively mentioned factors that will hinder the market growth.
Key Players Analysis: We have covered five key players and their Global LED revenue. Apart from sales analysis, we have also covered overview of the company and LED latest development trends.