Copyright © 2017 Expert Market Research. All Rights

Reserved

LED Market Report and Forecast 2017-2022

REPORT DESCRIPTION

Global LED Market to Reach US$ 101 Billion by 2022

LEDs represent electronic components that can convert electric energy into light. They have todaygained prominence across all the regions on account of their potential advantages over other lightingsources such as incandescent bulbs and CFLs. LEDs stay much cooler than incandescent lights,reducing the risk of combustion or burns. As they are made with epoxy lenses, they are highlyresistant to breakage. Besides this, they are energy-efficient, long-lasting and easy to install.

With technological advancements, manufacturing efficiency and decline in the prices, the globalmarket for LEDs has witnessed a strong growth over a period of time. According to a new report byExpert Market Research, the global LED market reached a value of US$ 53 Billion in 2016 and is furtherexpected to reach US$ 101 Billion by 2022. Owing to the growing environmental concerns andincreasing expenses on electricity generation, governments’ regulations have become more stringent,encouraging the penetration of energy-efficient light sources like LED lights. Moreover, a risingdemand for LEDs in high-tech products such as flat TVs, digital cameras, smart phones andautomotives has also propelled the growth aspects of the LED market.

Read Full LED Market Report -http://www.expertmarketresearch.com/reports/led-market

REPORT DESCRIPTION

Source: Expert Market Research

REPORT DESCRIPTION

Key findings from the report:

• The two lighting products are LED lamps and modules, and LED fixtures.• The major end-uses of LED lights are in retrofit, retail and hospitality, outdoor, office,

architectural, homes, industry and others. In 2016, retrofit was the biggest end-use sectorwith a share of more than a third of the global market. It was followed by retail andhospitality, outdoor, offices, architectural, homes, industry and others.

• Region-wise, China dominated the market with a share of more than one-fifth of the globalLED market. It was followed by Europe, North America, Asia-Pacific, Japan, Middle East &Africa and Latin America.

• Being fragmented in nature, the global LED market is surrounded by a number of small andbig players. In 2016, Nichia was the biggest player in the market with a share of nearly a fifthof the total LED sales. It was followed by Osram, Samsung Electronics, Everlight Electronics,LG Innotek, Epistar, Seoul Semiconductor, Cree, Lumileds, Mulinsen and others.

Request a sample here: http://www.expertmarketresearch.com/request?type=report&id=18&flag=B

REPORT DESCRIPTION

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

• LED Lamps and Modules• LED Fixtures

Market breakup by End-use

• Retrofit• Retail and Hospitality• Outdoor• Office• Architectural• Homes• Industry• Others

Market breakup by Region• China• Europe

REPORT DESCRIPTION

• North America• Asia Pacific• Japan• Middle East and Africa• Latin America

Top players• Nichia• Osram• Samsung Electronics• Everlight Electronics• LG Innotek• Epistar• Seoul Semiconductor• Cree• Lumileds• Mulinsen

Find more reports related to Technology & Media Research Reports @ http://www.expertmarketresearch.com/categories/technology-market-reports

ABOUT US

Expert Market Research (EMR) is a market research and consultancy firm providing syndicated andcustom research along with consultancy services to a wide clientele base which includes Fortune 1000companies as well as small and medium enterprises. With our tailored approach, the clients gainvaluable and unbiased insights that help to improve their competitive edge and realize sustainablegrowth.

With a keen focus on the qualitative aspect as well as accuracy of the reports, we align our resourcesand services as per the client’s requirement and offer a flexible engagement model that best suitstheir needs. We offer market intelligence across a range of industry verticals which includePharmaceuticals, Food and Beverage, Technology, Retail, Chemical & Materials, Energy & Mining,Packaging and Agriculture.

We specialize in the following areas:

• Syndicated Research• Custom Research• Consulting Services

Stay With US

Website : www.expertmarketresearch.comE-mail : sales@expertmarketresearch.com

Telephone:-USA & Canada : +1-415-325-5166United Kingdom : +44-702-402-5790

Thank You!

For More Details

http://www.expertmarketresearch.com/contact-us