With technological advancements, manufacturing efficiency and decline in the prices, the global market for LEDs has witnessed a strong growth over a period of time. According to a new report by Expert Market Research, the global LED market reached a value of US$ 75.3 Billion in 2019 and is further expected to reach US$ 128 Billion by 2024. Owing to the growing environmental concerns and increasing expenses on electricity generation, governments’ regulations have become more stringent, encouraging the penetration of energy-efficient light sources like LED lights. Moreover, a rising demand for LEDs in high-tech products such as flat TVs, digital cameras, smart phones and automotives has also propelled the growth aspects of the LED market.
Key findings from the report:
Click here for the summary of report: https://www.expertmarketresearch.com/reports/led-market
Expert Market Research has analysed the global LED market according to lighting product, end-use, major regions and top players:
Market breakup by Lighting Product
Market breakup by End-use
Market breakup by Region
Top players
About Us
Expert Market Research (EMR) is a market research and consultancy firm providing syndicated and custom research along with consultancy services to a wide clientele base which includes Fortune 1000 companies as well as small and medium enterprises. With our tailored approach, the clients gain valuable and unbiased insights that help to improve their competitive edge and realize sustainable growth.
With a keen focus on the qualitative aspect as well as accuracy of the reports, we align our resources and services as per the client’s requirement and offer a flexible engagement model that best suits their needs. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical & Materials, Energy & Mining, Packaging and Agriculture.
Contact Us
Expert Market Research
Website: www.expertmarketresearch.com
Email:sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
"Global LED Market: By Region: China, Europe, North America, Asia Pacific, Japan, Middle East and Africa, Latin America; By End-Use: Retrofit, Retail and Hospitality, Outdoor, Office, Architectural, Homes, Industry, Others; SWOT Analysis; Historical Production and Consumption (2015-2019); Production and Consumption Forecast (2020-2025); Competitive Landscape"
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
Safety light curtain is an electrical sensitive device that establishes an invisible, controlled area by utilising light beams and receiver. These are used primarily to protect workers near moving mac...
LED is the abbreviation for light-emitting diode, which is a semiconductor unit. When electricity flows in the forward direction, it emits light in different colours. High-power LEDs are a form of LED...
The growing demand for environmentally friendly goods can be a significant opportunity for this industry to expand. The Asia Pacific is leading the organic LED industry, accounting for the majority of...
A micro light-emitting diode (LED) refers to a technology that is used in displays of microscopic light-emitting various colour diodes organised into a set. These LEDs are also referred to as micro-LE...
The LED light engine market stood at a value of almost USD 31 billion in 2019. The industry is further expected to grow at a CAGR of 15% over the forecast period of 2020-2025. The industry is driven b...