|By Business Wire||
|July 24, 2014 04:23 AM EDT||
Research and Markets (http://www.researchandmarkets.com/research/3gc95z/industrial_and) has announced the addition of the "Industrial And Commercial LED Lighting Market - Global Industry Size, Market Share, Trends, Analysis And Forecast, 2013 - 2019" report to their offering.
The global industrial and commercial LED lighting market was valued at $12.9 billion in 2012 and is expected to grow at a CAGR 30.8% during the forecast period from 2013 to 2019.
LED lighting delivers high efficiency, high level of brightness, long lifespan and high reliability. LED lights are manufactured using semiconductor components and emit less radiated heat as compared to other products such as incandescent and fluorescent. According to the U.S. Department of Energy (DOE), LEDs emit very less heat compared to incandescent bulbs (90%) and CFLs (80%).
Geographically Europe was the largest industrial and commercial LED lighting market and accounted for 33.1% in 2012 owing to increase in investment by government. In addition, countries such as Russia, Germany, Denmark and the U.K. are focusing on deployment of efficient lighting to improve lighting quality and to lower overall operational cost, which will further increase the demand for LED lighting products and solutions. North America and Asia Pacific markets are expected to show strong growth owing to ban on incandescent lamps. With this, the demand for LED lighting is expected to fuel in near future. In addition, government funding to deploy LED lights is also one of the important drivers for this market.
Most of LED light manufacturers are competing against each other by developing cost effective products with greater performance to get competitive advantage. The global industrial and commercial LED Lighting market is dominated by few organized players namely Philips Electronics N.V., Osram Opto, Cree Incorporation, Cooper Industries Plc and GE lightings.
Industrial and Commercial LED Lighting Market by End user
- Office buildings
- Hotel & restaurants
- Retail shops
- Educational institutes
- Warehouse & storages
Key Topics Covered:
Chapter 1 Global Industrial and Commercial LED Lighting Market
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 Global Industrial and Commercial LED Lighting Market by End Use Industry, 2013 - 2019
Chapter 5 Global Industrial and Commercial LED Lighting Market by Geography, 2013-2019
Chapter 6 Competitive Landscape
Chapter 7 Company Profiles
- Digital Lumens, Inc.
- Koninklijke Philips Electronics N.V.
- Osram Licht AG
- Cree, Inc.
- Dialight plc
- Cooper Industries plc
- GE Lighting Solutions
- Toshiba Corporation
- Zumtobel AG
For more information visit http://www.researchandmarkets.com/research/3gc95z/industrial_and
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