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30 Nov 2022  |  Global  |  Tracker
Global LED Lighting Tracker, 2022
Innovative Applications will Drive New Lighting Product Launches as Conventional Use Hits a Growth Plateau
Energy and cost savings are still perceived as one of the top benefits of light-emitting diode (LED) lighting, and they will continue to influence decision-making in lighting procurement. In major countries, households' rising disposable income will result in the renovation and modification of lighting systems to keep up with LED lighting innovatio...
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09 Nov 2021  |  North America  |  Market Research
Global Smart Lighting Growth Opportunities
Innovative Business Models of Connected Lighting Solutions with Open, Interoperable Systems to Drive Future Growth
Buildings are shifting from conventional lighting to advanced smart lighting solutions that can help them realize energy efficiency targets, apart from improving occupant experience and comfort within their premises. Lighting companies that hit a plateau with their revenue growth are also focusing on offering digital lighting solutions, such as rem...
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19 Sep 2017  |  Global  |  Market Research
Kolkata Green City Mission—Opportunities Analysis, 2017
West Bengal state government opted out of the Smart city mission and initiated the Green city mission toward Urban development
Urbanization in India is expected to reach 40% with over 600 million living in urban areas contributing to 70% of GDP by 2030. To meet the burgeoning infrastructure needs, the GoI launched the 100 Smart City Mission in April 2015 which would be implemented through area based approaches. Each city will get Central assistance to the tune of INR 500 C...
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04 Sep 2020  |  North America  |  Market Research
2020 Annual Update of Global LED Lighting Market
Sustainable Lighting That Facilitates Better Living Conditions Will Grow Significantly
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 m...
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28 Feb 2017  |  Global  |  Market Research
Global LED Lighting Market (2017 Update)
Driven by IoT, LaaS will Usher in Connected Lighting and Living by 2023
This study provides an in-depth analysis of the global LED lighting market in 2016, covering 7 application segments (residential, retail, architectural, outdoor, office, industrial, hospitality) in 5 regions (North America, Europe, Latin America, the Middle East and Africa, and Asia-Pacific). After evaluating the market size for 2016 to be $ 47,303...
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18 Jul 2013  |  South Asia, Middle East & North Africa  |  Market Research
Assessment of the Indian B2G LED Lighting Market
The Government is an Enabler and Customers are Driving LED Lighting Adoption
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...
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28 May 2015  |  Global  |  Market Research
World LED Lighting Markets (2015 Update)
LED Lighting will go Mainstream in 2015 and be a Fully Established Global Market by 2019
By late 2014, LED lighting was closing in on 40% penetration of the global lighting market. It was the second consecutive boom year, confirming the breakthrough in the key regions of Europe, North America, and China. Driven by enhanced controllability and energy efficiency, the revolution will continue and momentum will build throughout 2015. This ...
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10 Jan 2019  |  Global  |  Market Research
World Lighting Controls Market, Forecast to 2025
Brand Agnostic Software Solutions will Adopt a Data-driven Approach in Creating Intelligent Lighting Environments
Lighting controls have transitioned from being simple devices that are used to control (turn on and turn off or dim) lighting appliances to being critical components of smart buildings. The advent of sensors and innovations in LED lighting has hastened developments within the lighting controls market. Apart from conventional benefits such as energy...
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20 Sep 2017  |  North America  |  Market Research
North American Lighting Equipment Market, Forecast to 2023
LED Technology and Connected Lighting will be the Primary Pillars of the Market by 2023
The North American lighting equipment market is currently in the growth stage and is expected to witness healthy growth between 2016 and 2023. High rate of growth in the LED technology landscape is also tempered by falling revenue in Non-LED applications and falling prices of LED products. Operational cost savings achieved through adoption of energ...
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29 Aug 2017  |  Global  |  Market Research
Lighting Market in Saudi Arabia (KSA), 2017
Technological advancements and energy efficiency measures are re-defining lighting from a product market to a solutions market
Globally, regulations and awareness campaigns help in reducing inefficient lighting; incandescent lighting is in the process of being phased out. This has resulted in opening up opportunities for LED lighting, which is now seeing widespread adoption, backed by declining prices of LED packages, lamps and other forms of illumination. Changes in techn...
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