General Lighting Market 2019 - Penetration of LEDs is the Latest Trend Says New Research Report at ReportsnReports.com

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Global General Lighting Market 2015-2019 a new industry research report profiles players like General Electric (GE) Co., Koninklijke Philips NV, Panasonic Corp. and Schneider Electric SE.

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One key trend witnessed in the Global General Lighting Market is the increased market penetration of LEDs. The high rate of penetration can be mainly attributed to the fact that LEDs are considered an energy-efficient lighting source compared with traditional lighting sources.

According to the Global General Lighting Market report, one of the major drivers of this market is the increase in the number of households worldwide. The rapid urbanization taking place in emerging economies has resulted in a drastic increase in the number of households that require lighting sources. The Residential segment is the major revenue contributor in the Global General Lighting market. Therefore the growth in the Residential segment is analogous to the growth in this market.

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Further, the report states that a ban on the usage of incandescent lamps in some markets is one of the key challenges that the market faces. The governments of various countries worldwide have introduced stringent regulations to ban the use of incandescent lamps. As a result sales of incandescent lamps will drastically reduce during the forecast period thereby having a negative impact on vendors and market growth.

The report recognizes the following companies as the key players in the Global General Lighting Market are General Electric (GE) Co., Koninklijke Philips NV, Panasonic Corp. and Schneider Electric SE

Other Prominent Vendors in the market are Acuity Brands, Advanced Lighting Technology, Bridgelux, Citizens Electronics, Cooper Lighting, Cree, Dialight, Digital Lumen, Energy Focus, Everlight Electronics, Intematix, Lemnis Lighting, LG Innotek, Luminus Devices, Nexxus, Nichia, NVC Lighting, OSRAM Opto Semiconductors, Seoul Semiconductors, Toshiba, Toyoda Gosei and Zumbtobel Group.

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List of Exhibits:
Exhibit 1: Market Research Methodology
Exhibit 2: Technological Transition in the Global General Lighting Market
Exhibit 3: Global Lighting Market by Application
Exhibit 4: Global Lighting Market by Product Segmentation
Exhibit 5: Global Lighting Market 2014-2019 (US$ billion)
Exhibit 6: Divisions/Components of General Lighting
Exhibit 7: Global General Lighting Market by Application
Exhibit 8: Global General Lighting Market 2014-2019 (US$ billion)
Exhibit 9: Global General Lighting Market 2014-2019 (million units)
Exhibit 10: Global Lighting Market by Product Segmentation 2014-2019 (US$ million)
Exhibit 11: Global Lighting Market by Product Segmentation 2014-2019
Exhibit 12: Global Lighting Market versus Global General Lighting Market 2014-2019 (US$ billion)
Exhibit 13: Global General Lighting Market as Percentage of Global Lighting Market 2014-2019 (US$ billion)
Exhibit 14: Global General Lighting Market: Product Life Cycle Analysis 2014
Exhibit 15: Global General Lighting Market Segmentation by Technology and more.

Another research on Global LED General Lighting Market 2014-2018 one key trend emerging in this market is the declining average selling price of LED light bulbs which has increased their adoption in various lighting applications. Many LED vendors are actively participating in price wars and are offering 40 W and 60 W equivalent LED light bulbs at significantly lower prices. This has made LED light bulbs affordable to consumers resulting in their increased adoption.

The report recognizes the following companies as the key players in the Global LED General Lighting Market are Cree Inc., LG Innotek Co. Ltd., Nichia Corp., OSRAM Opto Semiconductors GmbH, Philips Lumileds Lighting Co., Samsung LED Co. Ltd. and Seoul Semiconductor Co. Ltd.

Other Prominent Vendors in the market are Everlight Electronics, GE Lighting, Lite-On Technology and Toyoda Gosei.

According to the report, a major factor driving the market growth is the need for energy-efficient lighting solutions. Due to reduction in the consumption of energy and associated environmental impacts arising from carbon emissions consumers are increasingly adopting energy-efficient lighting products such as LEDs.

Other report on Semiconductor and Electronics Market available at http://www.reportsnreports.com/market-research/semiconductor-and-electronics/

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Ritesh Tiwari
@marketsreports
since: 06/2010
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