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(Wireless-NewsWire.Com, October 18, 2014 )
An LED is a semiconductor light source used for purposes such as general lighting, backlighting, and automotive lighting in residential, office, retail, and hospitality spaces and in industrial, outdoor, and architectural applications. Its efficiency and low cost help address key issues such as the energy crisis, resource scarcity, and climate change, and enhances safety in cities and productivity in offices. It also has the ability to provide an enhanced sense of health and well-being. Lighting consumes approximately 20 percent of all the power in the world and by using LED lighting, people can save, on an average, up to 40 percent of energy every year.
LED lights have many advantages over other lighting sources including:
High intensity of brightness
High energy efficiency
Low voltage and current requirements
Low radiated heat
High reliability
Negligible UV rays
Long life span
Ability to be easily controlled and programed
Analysts forecast the Global LED General Lighting market to grow at a CAGR of 27.55 percent over the period 2013-2018.
Covered in this Report
The Global LED General Lighting market can be divided based on application into eight segments: Architectural, Hospitality, Industrial, Office, Outdoor, Residential, Retail, and Others.
Global LED General Lighting Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, the APAC region and the EMEA region; it also covers the Global LED General Lighting market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Buy a Copy of Report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=231267 .
Key Regions
Americas
APAC
EMEA
Key Vendors
Cree
LG Innotek
Nichia
OSRAM Opto Semiconductors
Philips Lumileds Lighting
Samsung LED
Seoul Semiconductor
Other Prominent Vendors
Everlight Electronics
GE Lighting
Lite-On Technology
Toyoda Gosei
Key Market Driver
Need for Energy-efficient Lighting Solutions
For a full, detailed list, view our report
Key Market Challenge
Low Consumer Awareness
For a full, detailed list, view our report
Key Market Trend
Declining ASP of LED Light Bulbs
For a full, detailed list, view our report
Key Questions Answered in this Report
What will the market size be in 2018 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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RnR Market Research
Ritesh Tiwari
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