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The new report by Expert Market Research titled, ‘Global LED Market Price, Trends, Growth, Report and Forecast 2020-2025′, gives an in-depth analysis of the global LED market, assessing the market based on its segments like lighting products, end-uses, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

The key highlights of the report include:

  • Market Overview (2015-2025)
  • Historical CAGR (2015-2019): 38%

Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/led-market/requestsample

The global LED market is driven by the low manufacturing cost of the LEDs. High rebate rates for corporate companies to adopt energy-efficient lighting systems is also aiding the market growth. Through the new innovation, the retail lighting segment is finding impetus for its growth, together with the price reduction of LEDs. With the introduction of cloud-based or smart lighting control systems to increase performance and workplace productivity and safety, the market is expected to be further enhanced in the forecast period. The adoption of green lighting products and control systems will accelerate market growth further.

Industry Definition and Major Segments

LED, also known as light emitting diode, is an electronic device that emits light upon the reception of electrical current. It further contributes to the improvement of the working environment as these lights are lightweight and have a long lifespan. They are also nearly ten times more energy-efficient than incandescent lights.

Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/led-market

Based on lighting products, the industry is segmented into:

  • LED Lamps and Modules
  • LED Fixtures

By end-use, the market is segmented into:

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

The leading regional markets for LED are:

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

Market Trends

The major trends defining the market in the forecast period include technological innovations, new products, price erosion of LEDs, adoption of loud-based or smart lighting control systems, business expansion, adoption of green lights, and increasing penetration of LED lights. Technological advancements will likely enhance the market growth by improving the efficiency of the lights. Further, the innovation of green lighting products is expected to revolutionize the market.

Key Market Players

The major players in the market are Nichia, Osram ((OTCMKTS: OSAGF)), Samsung Electronics (KRX: 005930), Everlight Electronics ((TPE: 2393)), LG Innotek, Epistar, Seoul Semiconductor, Cree, Lumileds, and Mulinsen, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally

At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture

We also provide state-of-the-art procurement intelligence through our platform, procurementresource.com Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

Company Name: Expert Market Research
Contact Person: Mathew Williams, Business Consultant
Email: sales@expertmarketresearch.com
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