The global LED lighting market is projected to reach over US$ 120 billion by 2025, exhibiting a CAGR of 16.61% over the forecast period (2017-2025). The LED lighting market is mainly driven by advantageous features offered by LED lights over incandescent and fluorescent lamps such as increased energy efficiency, longer lifetime, enhanced physical strength, smaller size, design flexibility, and environmental friendliness. Rampant product invention coupled with advancements in technology is ... Read more
LED Lighting Market is estimated to value over USD 90.7 billion by 2027 end and register a CAGR of over 13% during the forecast period 2020 to 2027.
The report initiates from the outline of business surroundings and explains the commercial summary of chain structure. Moreover, it analyses forecast by Product Type, by Installation Type, by Application Type , by Region and LED Lighting ... Read more
The LED Lighting Market is anticipated to gain a valuation of USD 111.20 billion by the end of 2027, growing from its valuation of USD 100.09 billion in 2019 at a CAGR of 1.83% throughout the projected period. The LED lighting market is predominantly driven by the increasing use of LED lights in the residents and business organizations. The cost-efficient and energy-saving features of the LED lighting are adding ... Read more
LED lighting products are used to offer energy efficient, durable and eco-friendly lighting solutions. LED lights have longer lifespan, generate less heat and consume less energy as compared to conventional lighting solutions. Growing infrastructure development projects around the world along with construction of new residential and commercial buildings are boosting demand for LED lighting.
The global Led Lighting Market is estimated to be valued at Us$ 634. ... Read more