A
new report published by Transparency Market Research (TMR), titled
“Industrial And Commercial LED Lighting Market - Global Industry
Size, Market Share, Trends, Analysis And Forecast, 2013 - 2019”,
states that the global industrial and commercial LED lighting market
was valued at US$12,927.9 million in 2012 and is expected to reach
US$86,087.9 million by 2019, growing at a CAGR of 30.8% from 2013 to
2019.
Browse
the full Industrial And Commercial LED Lighting Report at
http://www.transparencymarketresearch.com/industrial-commercial-led-lighting-market.html
The
global industrial and commercial LED lighting market is segmented on
the basis of end users and geography. The categorization of the
global industrial and commercial LED market by end users leads to the
industrial, commercial, architectural, and outdoor segments. The
commercial segment is further divided into users such as office
buildings, hotel and restaurants, retail shops, warehouse and
storages, and educational institutes. Geographically, the global
industrial and commercial LED lighting market is divided into North
America, Europe, Asia Pacific, and Rest of the World.
Browse
the full Press Release :
http://www.transparencymarketresearch.com/pressrelease/industrial-commercial-led-lighting-market.htm
Out
of the geographical segments, Europe holds the largest market share
in the global industrial and commercial LED lighting market. It held
about 33.1% of the global industrial and commercial LED lighting
market in 2012. The strong presence of the market in Europe can be
attributed to growing government investment in the industrial and
commercial LED lighting sector. The European ban on production and
import of all incandescent lamps gave an additional impetus to this
market. Furthermore, countries such as Germany, Russia, Denmark, and
the U.K. are also looking at methods of making lighting solutions
more efficient. As these regions look at solutions to make their
lighting solutions cost-effective, it will lead to growth of the
industrial and commercial LED lighting market.
Among
the end user segments, the commercial segment held a market share of
52.5% in 2012. The primary growth drivers for this market are growing
awareness among users about reducing energy consumption and CO2
emission. More governments, including many outside Europe, banning
the use of incandescent lamps is also fueling the growth of this
segment and the sub-segments therein. Additionally, the efforts by
the Chinese government to stop the production of incandescent lamps
of 100 watts or higher is leading to the growth of this market.
Some
of the key players in the global industrial and commercial LED
lighting market are Cooper Industries plc, Osram Lict AG, Digital
Lumens, Inc., Dialight plc, Cree, Inc., Koninklijke Philips
Electronics N.V., GE Lighting Solutions, Zumtobel AG, and Toshiba
Corporation. The global industrial and commercial LED lighting market
will witness tremendous growth due to innovation in technology and
efforts taken by companies to come up with simple yet long term
solutions. Samsung’s latest efforts to launch an LED light bulb
integrated with Bluetooth technology is expected to take the global
industrial and commercial LED lighting market by storm.
Request
a Sample of this Report :
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2013
About
Us
Transparency
Market Research (TMR) is a global market intelligence company
providing business information reports and services. The company’s
exclusive blend of quantitative forecasting and trend analysis
provides forward-looking insight for thousands of decision makers.
TMR’s experienced team of analysts, researchers, and consultants
use proprietary data sources and various tools and techniques to
gather and analyze information.
TMR’s
data repository is continuously updated and revised by a team of
research experts so that it always reflects the latest trends and
information. With extensive research and analysis capabilities,
Transparency Market Research employs rigorous primary and secondary
research techniques to develop distinctive data sets and research
material for business reports.
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