TMCnet News

Solid-State and Other Energy-Efficient Lighting Market Worth 174.45 Billion USD by 2022
[February 17, 2017]

Solid-State and Other Energy-Efficient Lighting Market Worth 174.45 Billion USD by 2022


PUNE, India, February 17, 2017 /PRNewswire/ --

The report "Solid-State and Other Energy-Efficient Lighting Market by Technology (Solid-State, HID, Fluorescent), Installation Type (New & Retrofit), Offering (Hardware, Software, & Services), Application, and Geography - Global Forecast to 2022", published by MarketsandMarkets, the market based on region was valued at USD 118.29 Billion in 2015 and is expected to reach USD 174.45 Billion by 2022, growing at a CAGR of 5.38% between 2016 and 2022.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 73 market data Tables and 73 Figures spread through 179 Pages and in-depth TOC on "Solid-State and Other Energy-Efficient Lighting Market"


http://www.marketsandmarkets.com/Market-Reports/solid-state-lighting-market-1234.html

Early buyers will receive 10% customization on this report.

The growth of this market is driven by the rapid penetration of solid-state lighting and the corresponding demand for technologically advanced energy-efficient lighting fixtures. These energy-efficient lighting sources generate light of a superior quality, are extremely energy efficient, and have a long life.

Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=1234

Market for automotive lighting expected to grow at the highest rate during the forecast period 

The automotive lighting application segment is playing a crucial role in the overall market. Solid-state and other energy-efficient lighting technology offers benefits such as high efficiency and long battery life. Owing to these benefits, the automotive sector is largely adopting this technology for use in vehicles.

Solid-state and other energy-efficient lighting market for retrofit installation expected to grow at the highest rate between 2016 and 2022 

Increasing replacement of incandescent lamps with energy-efficient light sources is the major factor contributing to the growth of the market for retrofit installation. The old-generation lamps are being slowly phased out and the fixtures are being retrofitted with solid-state and other energy-efficient lights s they offer a longer working life and also consume less energy.




Solid-state and other energy-efficient lighting market in RoW expected to grow at the highest rate during the forecast period  
The solid-state and other energy-efficient lighting market is rapidly expanding in RoW. RoW includes South America and Middle East & Africa. Focus on real estate projects, where lighting is a basic requisite, is a major driver for the growth of this market. The economic growth is also expected to result in rapid urbanization, which is expected to significantly boost the market in the region.

Inquiry Before Buy @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=1234


Some of the major players operating in the solid-state and other energy-efficient lighting market are OSRAM Licht AG (Germany), Royal Philips Electronics N.V. (Netherlands), Seoul Semiconductor Co., Ltd. (South Korea), General Electric Company (U.S.), Nichia Corporation (Japan), AIXTRON SE (Germany), Applied Materials, Inc. (U.S.), Applied Science and Technology Research Institute Company Limited (Hong Kong), Bridgelux, Inc. (U.S.), Cree, Inc. (U.S.), Acuity Brands, Inc. (U.S.), Advanced Lighting Technologies, Inc. (U.S.), Energy Focus, Inc. (U.S.), Intematix Corporation (U.S.), LED Engin, Inc. (U.S.), Toyoda Gosei Co., Ltd. (Japan), TCP International Holdings Ltd. (Switzerland), Topanga Technologies, Inc. (U.S.), Ceravision Ltd (U.K.), and Bright Light Systems, Inc. (Georgia).

Browse Related Reports 

LED Lighting Market by Installation Type (New Installation and Retrofit Installation), End-Use Application (Indoor Lighting and Outdoor Lighting), Product Type (Lamps and Luminaires), and Geography - Global Forecast to 2022
http://www.marketsandmarkets.com/Market-Reports/led-lighting-market-201130554.html

Smart Lighting Market by Product Type (Smart Bulbs, Fixtures, and Lighting Controls), Light Source (Fluorescent, LED, HID), Communication Technology (Wired, and Wireless), Software & Service, Application, and Geography - Global Forecast to 2022
http://www.marketsandmarkets.com/Market-Reports/smart-lighting-market-985.html

Subscribe Reports from Semiconductor Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets 

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel : 1-888-600-6441
Email: [email protected]

Visit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors

Connect us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets



[ Back To TMCnet.com's Homepage ]