Search results for: 'light market'

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...

Huge opportunities in energy savings have presented an excellent market opportunity for LED lighting across the globe. The LED market is also driven by factors like reduced cost, longer lifespan and government initiatives and regulations. The LED lighting market is set to grow at a rate of 8.4% from $58,619 million in 2018 to $95,040 in 2025. The ...

From traditional incandescent lamps to compact fluorescent lamps (CFL) to light-emitting diodes (LED) and laser diodes (LD), the lighting market has come a long way in the last 10 years. With growing LED adoption and increasing smart solutions, leveraging Internet of Things (IoT) and Light Fidelity (LiFi), the lighting market is going through a pha...

08 Oct 2020  |  South Asia, Middle East & North Africa  |  Frost Radar

Frost Radar™: Indian Outdoor LED Lighting Market, 2020

A Benchmarking System to Spark Companies to Action - Innovation That Fuels New Deal Flow and Growth Pipelines

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The governments commitment to create smarter and safer cities is transforming India. Nation-wide initiatives to replace compact fluorescent lamp (CFL) lighting with energy-efficient LED products are well underway, but the outdoor lighting segment still holds major opportunity. For instance, outdoor LED solutions can be up-scaled to function as data...

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 ...

23 Feb 2017  |  South Asia, Middle East & North Africa  |  Market Research

Analysis of the LED Lighting Market in the GCC, Forecast to 2020

Energy Efficiency, Downtrend in LED Lighting Prices, and Increased Acceptability are Driving the Market

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The LED lighting market in the GCC is a high-growth market, which is driven primarily by increased functionality, energy efficiency targets, and increasing awareness among customers. Currently, LED lighting accounts for only 37.6% of the total lighting market in the GCC region; however, it is expected to be a high-demand lighting technology across ...

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...

23 Nov 2020  |  Asia Pacific  |  Market Research

Southeast Asia Smart Street Lighting Market Calls for Convergence of Illumination and Information Technologies, 2020

Data Monetization in the Street Lighting Market Propel Collaboration Among Strategic Industry Participants

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Key Issues Addressed

Upgrading public street lights to LED lights have resulted in energy savings. However, connected or smart street lights can achieve better energy efficiency and promote other applications, such as security, Wi-Fi, and data. Networked, adaptive street lighting solutions have emerged as a leading smart city application. Although replacing existing st...