Product Code: IRTNTR8652
About LED Industrial Lighting
LED lights are used in different application segments such as residential, architectural, industrial, office, retail, hospitality, and outdoor. As these lights are highly efficient and moderately priced, they can address key issues such as energy crises, resource scarcity, and climate change. Light consumes 20% of total power worldwide, and people can save, on average, up to 40% on energy every year just by using LED lights.
LED lighting systems have many advantages over other sources of lights. These are:
- High brightness
- High energy efficiency
- Low-voltage and current requirements
- Low radiated heat
- High reliability
- Negligible UV rays
- Long lifespan
- Easy to control and program
Technavio's analysts forecast the global LED lighting market for industrial applications to grow at a CAGR of 21.75% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global LED industrial lighting market for the period 2016-2020. LED lights are used for multiple applications in the residential, architectural, office, and industrial sectors. The report includes the market for finished LED lighting products that are used for industrial applications only. The finished product refers to a completed assembly of LED lamps.
The market is divided into the following segments based on geography:
Technavio's report, Global LED Industrial Lighting Market 2016-2020, 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
- Lumileds
- Nichia
- OSRAM Opto Semiconductors
- Samsung Electronics
- Seoul Semiconductor
Other Prominent Vendors
- Everlight Electronics
- Lite-On Technology
- Toyoda Gosei
Market driver
- Multiple benefits of LEDs
- For a full, detailed list, view our report
Market challenge
- Limited thermal tolerance of LEDs
- For a full, detailed list, view our report
Market trend
- Growing adoption of smart lighting systems
- For a full, detailed list, view our report
Key questions answered in this 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?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
- Market overview
- Top-vendor offerings
- Research methodology
PART 03: Market research methodology
PART 04: Introduction
PART 05: Industry overview
PART 06: Technology overview
PART 07: Market landscape
- Market size and forecast
- Five forces analysis
PART 08: Market segmentation by type
- Global LED industrial lighting market segmentation by geography
PART 09: Geographical segmentation
- LED industrial lighting market in APAC
- LED industrial lighting market in EMEA
- LED industrial lighting market in Americas
- Multiple benefits of LEDs
PART 10: Market drivers
- Rising need for energy-efficient LED bulbs
- Government regulations encouraging energy-efficient lighting systems
- Declining ASP of LED lightbulbs
PART 11: Impact of drivers
PART 12: Market challenges
- Limited thermal tolerance of LEDs
- High penetration of traditional lighting sources
- High cost of production
PART 13: Impact of drivers and challenges
- Growing adoption of smart lighting systems
PART 14: Market trends
- Preference for eco-friendly bulbs over incandescent and CFL bulbs
- Emergence of LED industrialization bases in China
- Competitive scenario
PART 15: Vendor landscape
- Vendor analysis
- Other prominent vendors
PART 16: Appendix
PART 17: Explore Technavio
List of Exhibits
- Exhibit 01: Currency conversion rates
- Exhibit 02: Product offerings
- Exhibit 03: Supply chain of LED lighting systems
- Exhibit 04: LED production process
- Exhibit 05: Value chain of LED lighting systems
- Exhibit 06: Components of LED lights
- Exhibit 07: Types of LED chips based on color emitted by LED bulbs
- Exhibit 08: Global LED industrial lighting market by end-user 2015-2020
- Exhibit 09: End-user applications of LED lights
- Exhibit 10: Lighting systems in industrial sector 2015
- Exhibit 11: Global LED industrial lighting market 2015-2020 ($ billions)
- Exhibit 12: Five forces analysis
- Exhibit 13: Global LED industrial lighting market segmentation by type 2015
- Exhibit 14: Global LED industrial lighting market segmentation by geography 2015-2020
- Exhibit 15: Global LED industrial lighting market segmentation by geography 2015-2020 ($ billions)
- Exhibit 16: Impact of drivers
- Exhibit 17: Impact of drivers and challenges
