Energy Efficient Lighting Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Request Brochure Request Discount

Report Code: ZMR-2526 | Report Format : | Status : Upcoming |

Abstract

Global Energy Efficient Lighting Market: Overview

Energy efficient lightings are sources of non-natural light that use enhanced technology to lower the quantity of electricity employed to make light, proportionate to conventional filament-burning light bulbs. The global energy efficient lighting market is anticipated to receive noteworthy grip in the coming future with users continually in search of solutions that can lower the consumption of energy and offer noteworthy savings to bills of power.

Global Energy Efficient Lighting Market: Growth Factors

The rising implementation and introduction of energy saving regulations by governments all over the world are expected to give the global market a substantial push in the coming future.

The growth of smart lighting techs that can make the most of efficiency and offer elevated comfort and safety is a chief opportunity for companies in the energy efficient lighting market. Powered by these complimentary industry factors, the global market is expected to expand in the coming future.

 Global Energy Efficient Lighting Market: Segmentation

The global energy efficient lighting market based on the source of lighting has been classified into high-intensity discharge lamps (HID), linear fluorescent lamps (LFL), and light emitting diodes (LED). Due to the low price of LFLs, this sector led the global energy efficient lighting market with a share of 40.0% of the overall segment. This was chased by the LED and HID sectors. Even though LED and HID lighting grabbed a noteworthy share in the energy-efficient lighting market, their mutual share is anticipated to drop in the near future with LED rising as the major donor by the light source.

Global Energy Efficient Lighting Market: Regional Analysis

Area-wise, the global energy efficient lighting market has been distinguished into 5 regions: Asia Pacific, North America, the Middle East and Africa, Europe, and Latin America. In the past couple of years, lighting firms have moved their aim from the urbanized markets of Europe and North America to up-and-coming markets such as China, India, Argentina, South Africa, and Brazil. In consequence of quick economic development, mega urban projects, and favorable government policies, these nations offer new chances for companies in the global market.

Geographically, Asia Pacific comes out as the dominant sector of the global energy efficient lighting market. China, Japan, and South Korea are important donors to the development of this local market due to main investments in the newest technologies of lighting. Quick industrial development has also inspired the requirement for energy efficient lighting. The increasing requirement for green technologies is expected to be influential in powering the global energy efficient lighting market in the coming period in APAC.

North America and Europe are extremely developed regions with sustained stable development all through the forecast period. Latin America is quick rising as an export location due to a quick development in trade policies. This has led to infrastructure expansion on a capable scale. This is expected to have an optimistic effect on the energy efficient lighting market of Latin America in the coming future.

Global Energy Efficient Lighting Market: Competitive Players

Major competitors of the global energy efficient lighting market includes OSRAM GmbH, Dialight, Bajaj Electricals Ltd., General Electric Company, Digital Lumens, Inc., Toshiba Lighting & Technology Corporation, Eaton, LIGMAN Lighting Co., Ltd., Zumtobel Group AG, Cree, Inc., and Philips Lighting Holding B.V.

Global Energy Efficient Lighting Market: Regional Analysis

  • North America
    • U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Geothermal Energy Market:Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2024

Price : $ 3999.00 | Report Code: ZMR-3133 | Report Format:

Geothermal Energy Market: Overview Geothermal energy is generated from the heat that is naturally available from the earth. Hot water or steam is utilized to produce geothermal energy which can be used to generate electricity. The geothermal energy market is in high demand as it emits much less ...Read More

HVDC Converter Station Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025

Price : $ 3999.00 | Report Code: ZMR-3127 | Report Format:

Global HVDC Converter Station Market: Overview A high voltage direct current converter is a unique kind of substation which is majorly utilized as a tool for HVDC transmission lines. The converter stations are particularly utilized to transmit huge power to long distances. Global HVDC Converte...Read More

Distributed Energy Resource Management System Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025

Price : $ 3999.00 | Report Code: ZMR-3126 | Report Format:

Global Distributed Energy Resource Management System Market: Overview A distributed energy resource management system allows utilities to administer distribution grids with a range of connected distributed energy generation assets as well as capitalizes on the advantages from the distributed res...Read More

AI in Oil & Gas Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016–2024

Price : $ 3999.00 | Report Code: ZMR-3114 | Report Format:

Global AI in Oil Gas Market: Overview Oil is considered to be the extremely valued commodity in the energy division. Few of the AI solutions are surrogate reservoir modeling, top-down intelligent reservoir modeling, process optimization, and shale analytics. Growing variation of automation, ris...Read More

Volt/VAr Management Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016–2024

Price : $ 3999.00 | Report Code: ZMR-3112 | Report Format:

Global Volt/VAr Management Market: Overview Volt/VAr management technologies are mainly used by the power manufacturing industry to decrease any kind of electric line losses as well as to increase the grid effectiveness. Volt/VAr management is necessary for the function of electrical effectivene...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.