LED lamps consist of two semiconductor diodes, which produce light. They do not contain any mercury and emit almost negligible UV or infrared rays that are converted to white light by the phosphors content in it. Thus, these are environment friendly. These are also resistant to shock and vibration and produce very little heat. It has a life span of almost 50,000 hours, which is much longer than other types of bulbs.
The analysts forecast the global light-emitting diode lighting module market to grow at a CAGR of 19.95% during the period 2017-2021.
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The report covers the present scenario and the growth prospects of the global light-emitting diode lighting module market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of LED lighting modules across the several end-user segments, which includes architectural, hospitality, industrial, office, outdoor, residential, and retail.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
The report, Global Light-Emitting Diode Lighting Module 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.
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Key vendors
- Cree
- GE Lighting
- OSRAM
- Philips
Other prominent vendors
- Acuity Brands
- Advanced Lighting Technology
- Bridgelux
- Cooper Lighting
- LG Innotek
Market driver
- Demand for energy-efficient lighting solutions
- For a full, detailed list, view our report
Market challenge
- Lack of standardization
- For a full, detailed list, view our report
Market trend
- Increase in urban population worldwide
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 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?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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