Copyright © 2017 Expert Market Research. All Rights Reserved Global LED Market Report and Forecast

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 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 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.

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 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:

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 Click here for summary of the report with TOC -

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