Energy Efficient Lamps Market To 2020 - Global Industry Growth, Size, Share, Trends, Analysis And Forecast Research Report By Grand View Research, Inc.

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New Market Research Reports Title Global Energy Efficient Lamps Market Analysis Size And Segment Forecasts To 2020 Has Beed Added to Report Database. View full report -

Energy efficient lamps have been gaining popularity owing to their positive environmental impact. The use of energy efficient lamps reduces consumption of fossil fuels such as coal and oil used in power generation. They considerably help in restricting global warming by saving energy and reducing carbon emissions.

High output, low maintenance cost and high operational life are a few benefits offered by these products, which is expected to fuel adoption and in turn drive energy efficient lamps market growth. Additionally, government initiatives taken for energy conservation are expected to propel the market over the forecast period.

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Compact fluorescent lamps (CFLs) are expected to dominate the energy efficient lamps market owing to their wide benefits including high quality light, efficiency, versatility etc. Although CFLs are initially expensive, they help users save costs in the long run on account of their low energy consumption and long life. High durability and efficiency offered by LED lamps is expected to drive the market for these products over the next six years. In terms of application, the residential sector is expected to lead the energy efficient lamps market.

Asia Pacific has untapped growth potential, as a result of which it is expected to be an attractive regional market. North America and Europe are expected to dominate the energy efficient lamps market owing to favorable government regulations for energy conservation. Some key industry participants are Philips Lighting, GE Lighting, OSRAM, Acuity Brands, Havells, Panasonic Lighting and Cooper Lighting. Philips Lightings and OSRAM are expected to be dominant players in the energy efficient lamps market over the forecast period.

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.


Sherry James
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Grand View Research, Inc
Phone: 1-415-349-0058
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Email: sales(at)grandviewresearch(dot)com
Web: Grand View Research

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