LEDs are integral components of semiconductor devices and emit light by means of electro-luminescence. LED lighting products are bundled arrangements of LEDs that provide durable, affordable, and eco-friendly lighting systems. These products do not emit carbon dioxide, making them eco-friendly. Compared with incandescent bulbs, they consume 80% less energy.
The Global Light-Emitting Diode (LED) Market to grow at a CAGR of 18.46% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global light-emitting diode (LED) market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
- Americas
- APAC
Global Light-emitting Diode (LED) Market 2017-2021, 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.
Key vendors
- Cree
- GE Lighting
- LG Innotek
- NICHIA
- OSRAM
- Dialight
- Eaton
- Emerson
- Everlight Electronics
- Lite-On
Market driver
- Favorable policy environment and governmental support
- For a full, detailed list, view our report
- Lack of standardization
- For a full, detailed list, view our report
- Increase in urban population worldwide
- For a full, detailed list, view our report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
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