Light-emitting Diode (LED) Market Development Trends & Economic Impacts Analysis

Posted by Charles Robinson on September 5th, 2017

LEDs are integral components of semiconductor devices and emit light by means of electro-luminescence. LED lighting products are bundled arrangements of LEDs that provide durable, affordable, and eco-friendly lighting systems. These products do not emit carbon dioxide, making them eco-friendly. Compared with incandescent bulbs, they consume 80% less energy.

The Global Light-Emitting Diode (LED) Market to grow at a CAGR of 18.46% during the period 2017-2021.

The report covers the present scenario and the growth prospects of the global light-emitting diode (LED) market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC

Browse Detail Report With TOC @ https://www.hexareports.com/report/global-light-emitting-diode-led-market-2017-2021

Global Light-emitting Diode (LED) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • Cree
  • GE Lighting
  • LG Innotek
  • NICHIA
  • OSRAM

Other prominent vendors

  • Dialight
  • Eaton
  • Emerson
  • Everlight Electronics
  • Lite-On

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Market driver

  • Favorable policy environment and governmental support
  • For a full, detailed list, view our report

Market challenge

  • Lack of standardization
  • For a full, detailed list, view our report

Market trend

  • Increase in urban population worldwide
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

About Us:

Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe.We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

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Charles Robinson

About the Author

Charles Robinson
Joined: August 17th, 2017
Articles Posted: 140

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