Global Architectural Led Products Market - Size, Trends, Share, Analysis to 2021

Global Architectural LED Products Market - Asia-Pacific market is

expected to register the highest CAGR during the forecast period (2021)

Persistence Market Research

Global Architectural LED Products Market is

Expected to Progress US$ 10,751.1 Mn by

2021 - Persistence Market Research

Persistence Market Research

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Global Architectural LED Products Market - Asia-Pacific market is

expected to register the highest CAGR during the forecast period (2021)

Persistence Market Research Released New Market Report “Global Market Study on

Architectural LED Products: Driven by Price Commoditization and Significant

Growth in Enhanced Performance”, the architectural LED products market is estimated

to be valued at US$ 3,997.5 Mn by the end of 2015 and is anticipated to expand at a CAGR

of 17.9% from 2015 to 2021 in terms of value, to account for US$ 10,751.1 Mn by 2021.

Architectural LED lights are used mainly for illuminating monuments, museums, building

structures, residents and bridges with the artistic integration of light source. Architectural

LED lighting can be used for decorative purpose and can be applied on both indoor and

outdoor purposes.

Currently, the global market of architectural LED products is driven by the factors such as

government regulations encouraging construction companies to deploy LED lighting

systems. LED lighting systems help in increasing energy efficiency and reduces carbon

emission. Due to the longer life span of architectural LED lighting products, the market is

witnessing a paradigm shift from the adoption of conventional lighting solution to the more

efficient architectural LED products. Increasing consumer inclination towards luxurious

lifestyle is projected to boost demand for architectural LED lighting products across the

globe in the residential sector in which in turn is expected to be the primary factor

contributing to the growth of the architectural LED products market.

On the basis of products, the global architectural LED market...