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There has been a swift flow of infrastructure investments in the Middle East region, especially in Gulf Cooperation Council (GCC) countries such as KSA and Qatar due to rising population and the upcoming FIFA World Cup in 2022. Government legislations mandating the usage of energy efficient lighting in this region and growing environmental concern ...

The LED lighting market is gaining momentum in Southeast Asia. The market is smaller than in Asia-Pacific but offers long-term prospects to market participants due to strong governmental support. Other drivers include the development of smart cities and economic corridors in Indonesia and Malaysia. Singapore provides the largest opportunities in So...

17 Jul 2015  |  Global  |  Market Research

Analysis of the LED Lighting Market in the Global Automotive Industry

Trends and Opportunities Poised to Shape the Future

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Globally, LEDs are gaining traction because of improved cost, design, and performance. The LED lighting market in the automotive industry is growing as LEDs are starting to be utilized in mass market vehicles and lighting suppliers look to provide innovative LED solutions to be used in advanced lighting technologies like adaptive lighting systems a...

The government aims to reduce its energy bill and improve the efficiency of lighting products. This has necessitated trials and the mass usage of LED for lighting applications. The government is a key driver of LED lighting adoption. A wide product portfolio, indigenous design and development capabilities, a well-entrenched distribution set up, cos...

The study provides an in-depth coverage of the LED lighting market in India by product and application segments. Key trends across applications have been analysed. This study also analyses the market opportunities in India for LED lighting to an extent to provide strategic recommendations based on findings from the electronics manufacturing indust...

The Gulf Cooperation Council (GCC) countries are taking initiatives towards adopting global energy-efficiency standards and further developing LED lighting solutions and technology. Progress in research & development is expected to lead to considerable product and solution innovations, which would increase the quality and efficiency of LED lamps, t...

The key challenges that the LED lighting market face are the prevalence of alternate technologies and high initial investment. Raising awareness amidst residential end users, financing projects, and leasing and maintenance of lighting solutions in the professional lighting market can tackle these challenges and provide untapped opportunities. End u...