Industrial and Commercial Led Lighting Market Overview 2013 - 2019

Transparency Market Research

Industrial And Commercial LED Lighting Market - Global Industry Size, Market Share, Trends, Analysis And Forecast, 2013 - 2019

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75 Page Report

Published Date June-2014

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Press Release Industrial and Commercial LED Lighting Market is expected to reach USD 86,087.9 Million Globally in 2019: Transparency Market Research

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Industrial And Commercial LED Lighting Market

According to a new market report published by Transparency Market Research, "Industrial and Commercial LED Lighting (Industrial, Commercial, Architectural, and Outdoor) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019," the global industrial and commercial LED lighting market was worth USD 12,927.9 million in 2012 and is expected to reach USD 86,087.9 million by 2019, growing at a CAGR of 30.8% from 2013 to 2019. Europe was the largest market for industrial and commercial LED lighting market in 2012. Growth in this region is primarily driven by government initiatives and projects for LED lighting deployment. In addition, ban on incandescent bulbs across the different countries is expected to drive the market in near future. Browse Industrial and Commercial LED Lighting Market Report with Full TOC at http://www.transparencymarketresearch.com/industrial-commercial-led-lighting-market.html The industrial and commercial LED lighting market is driven by various factors including high efficiency and durability of LED lights, government ban on incandescent lamps and attractive payback in terms of longer lifespan and enhanced performance. However, dominance of fluorescent lamps and high initial cost of deploying LED lights are some of the factors inhibiting the growth of this market. Among all end-users, commercial segment was the largest and accounted for 52.5% of the market in 2012....