LED Market Size, Share, Trends, Market Growth, Analysis, and Industry Forecast 2016: Market Study Reports
Global LED Market 2016-2020 report focuses on the major drivers and restraints for the key players. It also provides granular analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. The Report Spread Across 64 Pages with Tables and Figures in It.
Global LED Market are rapidly gaining traction among consumers due to their multiple benefits. They are preferred over other lights such as incandescent lights and compact fluorescent lights (CFLs), because of their energy efficiency. LEDs consume up to 75% less energy than other bulbs and have longer lifespans ? 60,000 hours compared to 1,500 hours from incandescent bulbs and 8,000 hours from CFLs. LEDs are also known as green lighting systems because of their energy-efficient features.
The energy efficiency of LED lights is driving growth in the global LED market. In addition, the need for low electricity consumption and growing awareness of green technology have made manufacturers focus on energy-efficient and eco-friendly lights. Governments are also taking up multiple projects and providing subsidies in order to promote LED lights.
The report analysts forecast the Global LED Market to grow at a CAGR of 15% during the period 2016-2020.
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The report covers the present scenario and the growth prospects of the Global LED Market for 2016-2020. The market size is calculated on the basis of revenue generated from four segments: general lighting, backlighting, automotive lighting, and others.
Global LED Market is divided into the following segments based on geography: Americas, APAC, EMEA
The report, Global LED Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Browse full table of contents and data tables at https://www.marketstudyreport.com/reports/global-led-market-2016-2020/
Global LED Market Key vendors Cree, GE Lighting, LG Innotek, Lumileds, Nichia, OSRAM, Samsung Electronics, Seoul Semiconductor
Global LED Market Other prominent vendors Dialight, Eaton, Emerson Electric, Everlight Electronics, Lite-On, MLS Electronics, Toshiba Lighting and Technology, Toyoda Gosei
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