Led Lighting Market Strategies and Forecast 2019

LED Lighting Market Size, Share, Global Trends, Company Profiles,

Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation

and Forecast To 2013 - 2019

LED lighting market is projected to grow over 45% per year by 2020. The market was estimated

at $13 billion in 2014 and is likely to cross over $63 billion by 2020. Next generation lighting

attains a complete substitute of luminous filament bulbs with LED lighting that lasts longer and

is more efficient. These lightings also have low cost of operation significantly. Philips is the

market leader for LED lights and it mainly focuses on higher margin activities. General

competitive stress has severely impacted the overall industry; as a result the price declining is

majorly because of economic scale.

Samsung, Philips and OSRAm have been exploring GaN on silicon technology, Although,

Epistar is working on 200mm technology. New market players are benefited by entry points

provided by continuous market shifts. They also build considerable opportunities for industry

participants to achieve rapid augmentation in market share. Market is anticipated to experience

shifts in market share as retailers move up the value chain to provide returns on investments.

Vendors seek control in their margins as there they are offering more pieces of LED light in the

market. Based on product performance, Vendors compete with other providers of LED lighting.

This is mainly measured by reliability, efficacy, augmented lumen output and light quality. Price

of product associated with acceptable level of quality is the major competitive issue in the LED

lighting market. LED vendors seek to present LED lighting products that holds superior product

quality and that attains lower cost of ownership.

View More Details of " LED Lighting Industry" @

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In commercial situations, LED lights decreases the labor costs of replacing bulbs. Furthermore,

Firms dealing with LED bulbs are...