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Global LED Market 2017-2022 | Share, Industry Report and Forecast


According to a new report by Expert Market Research, the global LED market reached a value of US$ 53 Billion in 2016 and is further expected to reach US$ 101 Billion by 2022. – PowerPoint PPT presentation

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Title: Global LED Market 2017-2022 | Share, Industry Report and Forecast

Global LED Market Report and Forecast 2017-2022
Copyright 2017 Expert Market Research. All
Rights Reserved
Global LED Market to Reach US 101 Billion by
2022 LEDs represent electronic components that
can convert electric energy into light. They have
today gained prominence across all the regions on
account of their potential advantages over other
lighting sources 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
highly resistant 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 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 53
Billion in 2016 and is further expected to reach
US 101 Billion by 2022. 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

Source Expert Market Research
  • 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 sector
    with a share of more than a third of the global
    market. It was followed by retail and
    hospitality, outdoor, offices, architectural,
    homes, industry and others.
  • Region-wise, China dominated the market with a
    share of more than one-fifth of the global LED
    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 and big
    players. In 2016, Nichia was the biggest player
    in the market with a share of nearly a fifth of
    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.expertmarketres

  • 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

  • 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 _at_ http//www.expertmarketresearch

  • 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 clients
    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.
  • We specialize in the following areas
  • Syndicated Research
  • Custom Research
  • Consulting Services

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