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(Wireless-NewsWire.Com, May 20, 2018 ) The light-emitting diode (LED) is one of the today's most energy-efficient and rapidly-developing lighting technologies. A light emitting diode (LED) is a semiconductor device that emits visible light when an electric current passes through it. It basically operates in different applications such as automotive lighting, general as well as backlighting and edge lighting. They are one of the major display technologies in use today. The LED lighting systems provide longer life span. The acceptance of LED lighting is increasing in almost all major end uses such as industrial, residential and commercial buildings, as well as outdoor application areas.
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The LED lights compete with old and traditional bulbs on various parameters which include longer lifetime, energy efficiency, enhanced environmental friendliness, better durability, lower heat and smaller size. The Global LED lighting market has showcased rapid growth over the past few years. LED Lighting technology is a long way from perception, therefore rising energy prices, durability and cost maintenance are the restraints of the LED lighting market.
The “Global LED Lighting Market Analysis to 2025” is a specialized and in-depth study of the LED Lighting industry with a focus on the global market trend. The report aims to provide an overview of global LED Lighting market with detailed market segmentation by type, end user and geography. The global LED Lighting market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global LED Lighting market based on type, and end-user. It also provides market size and forecast till 2025 for overall LED Lighting market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 counties globally along with current trend and opportunities prevailing in the region.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the market in these regions.
Also, key LED Lighting market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, the key development in past five years. Some of the key players influencing the market are Philips Lighting, Sharp Corporation, Cree Inc., Nichia Corporation, General Electric Lighting, Samsung Electronics, OSRAM Licht AG, Panasonic Corporation, Cooper Industries, Inc., and Toshiba International Corporation among others.
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