Everything News Jobs Opportunities Events Products/Services
more
 
About
Go to Home
Sign Up Sign in

Alex Gabriel - TM Research

09 Jun 2016 08:06:04

LED Markets Widen Its Roots By Virtue Of Its Longer Lifespan



Global LED Market: Overview

Defined by energy efficiency and improved controllability, the advent of light-emitting diodes (LED) is considered revolutionary. By late 2014, LED lighting constituted a substantial share of the global lighting market. The trend is anticipated to continue through the report’s forecast period from 2016 to 2024.

Free PDF Sample : http://bit.ly/1Updmih

A light emitting diode is defined as a two-lead semiconductor light source. Being a p-n junction diode, it emits light when activated. The recent developments introduced in LEDs allow them to be used in environmental lighting. LEDs have been witnessing surging demand worldwide due to the advantages they offer over incandescent light sources. These include lower energy consumption, improved physical robustness, longer lifetime, faster switching, and smaller size.LEDs boast disparate characteristics. Thus, their applications are as diverse as aviation lighting, headlamps, automotive, general lighting, forensic, health care, advertising, signals and signage, lighted wallpapers, camera flashes, mobile devices, and electronic devices. LEDs have emerged as a powerful source for lighting; however, they remain somewhat more expensive and require more precise heat and electricity management than compact fluorescent lamps of similar output.

Global LED Market: Key Opportunities and Threats

The growing awareness among consumers about the benefits of the longer lifespan of LEDs has been leading to their widespread adoption. The market is also expected to gain impetus from the declining prices of LED lamps, their growing application in display back lighting, and the high efficacy offered by LED lamps.

Full Report Available at : http://bit.ly/1re6XyS

In the initial days, the application of LED lighting was limited to certain specific purposes and had not entered the mainstream. The emergence of LED in general lighting applications also helped the market to gain momentum. Given its rapid proliferation, the market for LED lighting is soon expected to surpass the conventional market for CFL. However, the high initial cost of LEDs has been restricting their initial acceptance. Nevertheless, considering the longer lifespan of LED lamps, the overall cost incurred on these lamps is found to be lower than CFLs. This is a crucial factor driving the global LED market.The market also has been gaining from the growing application of LED in display and digital signage or large screens. This, coupled with the falling prices of the technology, would positively influence the growth exhibited by the market during the forecast period. Various technologies are used in the manufacturing of LED products. Chips and components are basic materials used in the production of LED lamps.

Global LED Market: Vendor Landscape

Enterprises operating in the global LED market are strategically diverse, as they operate at various levels of the market’s value chain. Some of these enterprises focus only on manufacturing LED chips and components, while others are involved in the production of lamps and luminaries. Besides this, there are other companies that are engaged in the delivery and transportation of final products. The rising demand for LED in newer applications would also provide opportunities for the entry of new players in the market.

Geographies analyzed under this research report include

North America
Asia Pacific
Europe
Middle East and Africa
Latin America

This report provides comprehensive analysis of

Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years


Discussion Thread  

 


Related Categories

Clicking a category below will direct you to a list of related information

Skip Navigation Links.

Related Items From Everyone


  1. SMi’s inaugural Distribution Automation Europe conference will take place on 10–11 October 2011....

  2. An account manager/sales engineer is required. You must have sales managing experience within...

  3. The UK government's plans to electrify further stretches of the rail network will only make a...

    27 Jul 2009
  4. 1 day course covering all main low-carbon sources. Recently accredited by the Energy Institute.

  5. Will cut your consumption by up to 40%, your CO2 emissions by up to 30%.




Go To Home

Resource Links

We're social: View Available Feeds Find out more! Leave us your feedback

RSS



We appreciate all feedback. Please leave as much or as little as you like about any aspect of this website.

If your message requires a response, please leave your email address.