Ever-rising energy cost is the key factor for the growth of LED market. However, high cost of LED lights in comparison to other lights such as compact florescent lamps (CFL), would prove to be detrimental for the growth of market.
Portland, Oregon (PRWEB UK) 5 June 2014
Global light emitting diode (LED) market meansthe use of LED in several lighting procedures such as automotive, backlighting, general lighting, and signals & signage. The report projects the global LED market to register a CAGR of 6.30% from 2011 to 2016. LED market would grow at a tremendous rate due to its high efficiency in the next 4 to 7 years.
Get full access of the report at http://www.alliedmarketresearch.com/light-emitting-diodes-market.
Ever-rising energy cost is the key factor for the growth of LED market. However, high cost of LED lights in comparison to other lights such as compact florescent lamps (CFL) would prove to be detrimental for the growth of market. In 2012, cost of one LED light was around $40; however, during the same period, CFL cost about $10. Hence, LED makers must work to decrease overhead prices and must address the cost issue.
Top firms in the global LED market are:
American Bright Optoelectronics Corp
D-Led Illumination Technologies
GE Lighting Solutions
International Light Technologies
Philips Lumileds Lighting Company
Samsung Led Co. Ltd
Seoul Semiconductor Co. Ltd
- This report is segmented on the basis of applications, technologies and geographies and the in-depth analysis of these segments provides market intelligence.
- The drivers, restraints and opportunities of the market are discussed according to the impact they have on the growth of the market.
- Value chain analysis discusses the role and significance of the chief stakeholders of the market.
- Porter’s five-force analysis provides detailed analysis of the potency of buyers and suppliers of the market.
- Energy efficiency is the key aspect for the market and the report discusses the implications of various energy regulations that impact the market.
- The company profiles include SWOT analysis and key strategies followed by key players to understand the key growth prospects of the market.
- Estimations for LED market for lighting application and its segments are calculated for the analysis period of 2013-2020 along with historic revenue of 2012.
- The report discusses the challenges and opportunities present in various geographic regions so that companies can make region-specific strategies.
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KEY MARKET SEGMENTS
GLOBAL MARKET BY APPLICATION
Signals and Signage
GLOBAL MARKET BY TECHNOLOGY
High Brightness LED
Organic LED (OLED)
Ultraviolet LED (UV-LED)
Polymer LED (PLED)
GLOBAL MARKET BY GEOGRAPHY
LED Light Manufacturer, Dealers, and Wholesalers
Technology Providers for LED Lighting
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