Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
Time for a Digital Revolution in the Women’s Health Market
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
Sustainable Lighting That Facilitates Better Living Conditions Will Grow Significantly
* Required Fields
Pay by invoice
LED lighting has grown from strength to strength over the last decade driven by energy efficiency regulations, widespread manufacturing and reduced prices of LED light sources. Approximately 15% of building energy is utilized for lighting and the usage of LED's have resulted in significant energy savings to buildings across the globe. Lighting is moving beyond its traditional purpose of illumination and adding value on tangible aspects of sustainability irrespective of the market.The global LED lighting market is a highly competitive market, driven by the demand for energy efficient lighting, reduced prices and increasing awareness on the potential health benefits to human beings. The global LED lighting market is estimated to be $67,714.7 million in 2019, an increase of 3.2% from 2018. The revenue forecast includes the impact of COVID-19 on the LED lighting market and its effect on growth rate. The market is heading towards consolidation - over the last two years, major players have either sold part of their lighting business or have been wholly acquired by another company.Smart and color-tunable LEDs are currently on demand for the controllability they offer in commercial and hospitality segments. At the same time, companies are also focused on circadian lighting – lighting that supports the key aspect of well-being. Leading players are already working with healthcare facilities across the globe to accelerate the use of UVC LEDs to eliminate the threat of infection from touch or contact. Horticultural lighting gained prominence during the last few years. Companies are also optimistic about the prospect of additional value and revenue streams from data transmission through light (Li-Fi). Pilot and field testing for Li-Fi installation have been carried out in schools, offices, hospitals and even inside flights.
This study provides a detailed analysis, covering 9 application segments (residential, retail, architectural, automotive, outdoor, office, industrial, healthcare and hospitality) in 5 regions (North America, Europe, Latin America, the Middle East and Africa, and Asia-Pacific).
The study also focuses on the distribution channel adopted, price trends, growth opportunities and an in-depth breakdown of revenue and competitive landscape by region.
Key Issues Addressed
Renewed Outsourcing and Technical Services to Drive Recovery of the German Facility Management Market, Forecast to 2025
European Renovation Wave Strategy Drives Demand for Home Automation Systems (HAS) Market, 2027
The Future of Smart Buildings—Top 10 Growth Opportunities in the Global Building Automation Market
Impact of COVID-19 on the Facilities Management Market in the GCC
Global Zero Energy Buildings (ZEB) Promise New Efficiency Beyond Cost and Innovative Technologies, 2020
Technology and Sustainability to Drive Recovery in the UK Facility Management Market
Southeast Asia Smart Street Lighting Market Calls for Convergence of Illumination and Information Technologies, 2020
Digital Transformation and the Internet of Things Propel the Global Heating, Ventilation, and Air Conditioning Equipment Market, 2020
Growth Opportunities in the Nordic Region Facility Management Market
Global Connected Street Lighting and Smart Lamp Poles Market, Forecast to 2024
cloud security market
diet food market
smart lighting market
power electronics market
flexible electronics market
electric car market
food preservatives market
natural flavors market
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.