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The energy efficient lighting market has undergone a period of rapid change in the last five years. The EU drive for greater energy efficiency has been the main driver for this with new legislation and public pressure causing the lamps market to move towards more energy efficient units. The research analyses in depth the major geographical hotspots...

The light-emitting diode (LED) lighting market is growing, driven predominantly by supportive legislation phasing out inefficient lighting technologies. This research service examines the global LED lighting market, providing specific breakdowns for North America, Europe, Asia, and Rest of World. Decreasing prices, improving quality, and increasing...

This report provides complete insights into the North American Lighting Equipment Market

This market insight / whitepaper studies the opportunities ahead for the OLED market in India in both displays and lighting applications.

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...

The study “Light-based Manufacturing: Application and Opportunity Assessment” analyzes the key technologies and applications of light-based applications in industries that will help manufacturers to solve problems by reducing cost, space, and simplifying manufacturing processes while increasing the quality of products and meeting end-user needs. Th...

Growing safety concerns will drive the market for emergency lighting in India and will encourage innovation in higher technologies such as flame-proof specification, healthy competition through competitive pricing and efficient energy use through LED lamps. Soaring construction and development activities in shopping malls, theatres, airports, infor...

12 Jul 2022  |  North America  |  Market Research

North American Light Vehicle Growth Opportunities

LV Sales to Surpass 19 Million by 2025, with EVs Accounting for 12% Sales and more than 50 New EV Product Launches Scheduled Over the Next 5 Years

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In 2021, North American light vehicle sales reached 16.8 million and is forecast to surpass 19 million by 2025 growing at a CAGR of 3.3%. While the economy and vehicle sales showed a positive trend in 2022, the Russo-Ukrainian war has affected the global automotive supply chain; component shortages exposed the fragility of the automotive supply ch...

Vehicle manufacturers are looking at lighting solutions to create an identity for their brands. The LED lighting technology brings more flexibility to design front and rear lighting systems. Demand for these systems is increasing because of the LED solution and the growing awareness among consumers regarding the importance of adaptive lighting solu...