Search results for: 'pla3 growth light'

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

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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 ...

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

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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...

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...

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

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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...

The GCC has entered a period of strategic economic transformation as governments accelerate diversification efforts, strengthen economic resilience, and reduce dependence on hydrocarbon revenue amid heightened geopolitical uncertainty and evolving global trade dynamics. While the implications of the US-Iran conflict and periodic closures of the Str...

In this analysis, Frost & Sullivan examines how servitization is reshaping the light commercial vehicle (LCV) industry. As the market shifts from product-centric to service-led models, LCV manufacturers are expanding their offerings beyond vehicle sales to include fleet management, predictive maintenance, telematics, flexible ownership models, and ...

04 Sep 2015  |  South Asia, Middle East & North Africa  |  Market Research

Analysis of Opportunities in the Indian LED Lighting Market

Planned Rollouts are the Key to Unfurl the Full Potential of the Indian LED Lighting Market

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This research service on the Indian Light Emitting Diode (LED) market provides detailed market forecasts, drivers and restraints, market shares, and competitive analyses of participants for the period 2014 to 2020. With the Indian Government switching to LED for all street lamps and public-space lighting, the market is gaining pace. LED-lighting fo...

After two consecutive years of economic contraction in 2019 and 2020, Latin America achieved a ~7% real GDP growth in 2021. Some of the larger Latin American nations are emerging market growth leaders across the globe, and the region is known for its commodity exports, robust trade, and cost-effective labor. Amidst shifting socio-economic trends po...

Currently, OEMs build electric light commercial vehicles (eLCVs) on various platforms, including converting/modifying internal combustion engine (ICE)-based vehicles, using flexible multi-energy platforms, and starting from scratch on dedicated electric vehicle (EV) skateboard platforms. ICE-based platforms may be more suitable to convert an existi...