LED Services Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Request Brochure Request Discount

Report Code: ZMR-2718 | Report Format : | Status : Upcoming |

Abstract

Global LED Services Market: Overview

Light emitting diodes (LED) are vital components used in different applications. In the past, application of LED was restricted to definite particular lighting requirements and had not entered the conventional general lighting applications. Introduction of LED in applications, for instance, general lightings is driving the market. Different technologies are executed in the production of LED products. Components and chips are the vital materials assembled to produce the final lamp commodity. LED lights have appeared as a potent source of lighting over the past few years. Owing to their several benefits over conventional lighting expertise, they have rapidly gained importance in the global lighting market.

Global LED Services Market: Growth Factors

The demand for LED services market is primarily growing due to the increasing number of the government schemes that promote the usage of LED lights in public. The government supports different organizations which offer financial help to the energy competent lighting technologies who have extended the purpose of LED lights across different commercial, residential, and industrial sectors. The rapidly increasing automotive industry also offers dynamic opportunities for the usage of LEDs in rear lamps, headlamps, brake lights, and turn signal. Thus the demand for the LED services market is anticipated to increase owing to the increasing applications of the LEDs in the automotive sector. Other significant aspects such as growing infrastructural funds, reduction in average costs of LEDs, the rapid development of street lighting systems, and the positive government approach towards smart building ventures are anticipated to propel the demand of the LED services market in the future. Another prominent aspect propelling the expansion of the global LED services market is huge investments from main market players for the progress of the new LED services. These new services and products are energy competent and cost-efficient that will be appropriate for a range of applications.

Global LED Services Market: Segmentation

The global LED services market can be classified by its application. The application segment is divided into public lighting, business lighting, and residential. The public lighting segment is further sub-divided into street lighting and smart lighting. Smart lighting consists of intelligent crosswalks, video-surveillance, electric vehicles charging stations, traffic monitoring, and intelligent traffic lights.

Global LED Services Market: Regional Analysis

The global LED services market in Europe is expected to account for a considerable market share due to the prohibition for importing and producing luminous lamps and the increasing supporting government venture. The Asia Pacific is also anticipated to be one of the most important contributors in the LED services market owing to the huge construction rates, government investment for high-efficiency building lights, and substitute of existing outdoor infrastructure. The government in China is taking initiatives by giving enormous incentives to replace conventional streetlights with LEDs in order to systematize standardized quality solutions and commodities. In addition to this, the global LED services market in the Middle East & Africa is expected to grow in the coming years.

Global LED Services Market: Competitive Players

Some of the most important companies involved in the global LED services market are GE Lighting, Cree, OSRAM Opto Semiconductors, NICHIA, Seoul Semiconductor, and Philips Lighting, among others.

Global LED Services Market: Regional Segment Analysis

  • North America
    • The 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

Artificial Intelligence (AI) Market for CRM by Application (Customer Service and Support, Marketing, Sales, and Other Applications), by Technology (Machine Learning, Natural Language Processing, Context-Aware Computing, and Image Processing), by Organization Size (Small and Medium-Sized Enterprises, and Large Enterprises), and by End-users (BFSI, Healthcare, Manufacturing, Retail, IT and Telecommunication, Media & Entertainment, Energy and Utilities, and Others End-users): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024

Oct-2018 | Price : $ 4899.00 | Pages: 129 | Report Code: ZMR-3420 | Report Format:

The report covers forecast and analysis for the AI market for CRM on a global and regional level. The study provides historic data of 2015-2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and restraints for the AI market for CRM along with the...Read More

Solar Based IoT Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3392 | Report Format:

Global Solar Based IoT Market: Overview The concept of solar based IoT is a combination of increased demand for adopting renewable sources of energy and the latest digitization techniques. Solar based IoT is a new technological trend that is slowly and steadily establishing its foothold in the g...Read More

Cognitive Security Market By Component (Solutions and Services), By Security Type (Cybersecurity and Physical Security), by Vertical (Aerospace and Defense, Banking, Financial Services, and Insurance, Energy and Utilities, Government, Healthcare, IT and Telecom, Manufacturing, Retail, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024

Sep-2018 | Price : $ 4899.00 | Pages: 210 | Report Code: ZMR-3376 | Report Format:

The report analyzes and forecasts the cognitive security market on the basis of component, security type, vertical, and regions. The study shows past data from 2015 to 2017 along with forecast from 2018 to 2024 based on revenue (USD Billion). Assessment of market dynamics gives a brief thought abo...Read More

Unified Monitoring Market by Component (Solutions & Services), by Deployment Type (On-Premises and Cloud), and by Vertical (BFSI, Telecommunications And IT, Healthcare And Life Sciences, Manufacturing, and Others): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2017 – 2024

Sep-2018 | Price : $ 4899.00 | Pages: 260 | Report Code: ZMR-3366 | Report Format:

The report analyzes the unified monitoring market on a global and regional level. The study offers historical data of past years 2015, 2016, and 2017; along with forecast from 2018 to 2024 based on revenue (USD Billion). Assessment of market dynamics gives a brief thought about the drivers and res...Read More

Laser Cutting Machine Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017-2024

Price : $ 3900.00 | Report Code: ZMR-3343 | Report Format:

Laser Cutting Machine Market: Overview Laser cutting machine is a kind of technology that takes the help of a laser beam to cut the concerned material, either partially or completely. Some materials are very difficult to cut by the traditional means. For such kinds of materials, the laser cuttin...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.