Lighting Market by Product Type, by Installation Type, by End-Use
Application, by Geography – Global Market Size, Share, Development,
Growth and Demand Forecast, 2013 – 2023” report has been added
to ResearchAndMarkets.com’s offering.
The global LED lighting market is likely to reach $70,240 million by
2023, growing at a CAGR of 12.6% during the forecast period.
The continuous fall in LED price has led to positive forecasts for the
penetration of LED lighting in several application segments.
Based on product type, luminaire is expected to be the major product
type and it is also expected to grow at a faster rate, as compared to
the lamp market, during the forecast period. The growth of luminaire
market can be attributed to the increasing infrastructural activities
across the globe.
Based on installation type, the global LED lighting market is classified
into new installation and retrofit, where new installation is expected
to contribute higher revenue to the market. However, retrofit
installation is expected to register faster growth during 2017-2023.
Increased replacement of conventional lamps with energy-efficient light
sources, such as LED lamps, is the key factor contributing to the
advancement of the market for retrofit installation.
Key Topics Covered
1. Research Background
2. Research Methodology
3. Executive Summary
5. Market Size and Forecast by Product Type
6. Market Size and Forecast by Installation Type
7. Market Size and Forecast by Application
8. Market Size and Forecast by Geography
9. Competitive Landscape
10. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/6csglf/led_lighting?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180620005488/en/