Global LED Lighting Market valued at USD66.83 billion in 2020 and is projected to grow with a CAGR of 3.73% to reach USD81.09 billion by 2026

2022-03-12 06:16:43 By : Ms. Mia liu

An increase in demand for the energy-efficient lighting system, reduction in LED product costs, and ongoing smart city construction projects going around the globe are the major factors driving the growth of the Global LED Lighting Market in the forecast period.

New York, March 10, 2022 (GLOBE NEWSWIRE) -- announces the release of the report "Global LED Lighting Market, By Type, By Application, By Installation Type, By End-Use, By Distribution Channel, By Region, Competition Forecast and Opportunities, 2026" - High-end investments made by leading authorities in research and development activities to find innovative solutions to lower the cost of LED lighting are creating lucrative opportunities for the growth of the Global LED Lighting Market.Organizations install LED lighting in their office premises to reduce electricity costs as LED lights are highly energy-efficient and consume less energy to provide maximum output. The growing disposable income of consumers enables them to afford a quality lifestyle and upgrade to adopt the latest technologies for their indoor lighting.Growing internet penetration and proliferation of smart devices and the rise in awareness about using smart connected lighting systems that consumers can control using mobile devices from remote locations is expected to create enormous potential for Global LED Lighting Market in the forecast period. However, lack of consumer awareness and using LED with incandescent fixtures may hinder the growth of the Global LED Lighting Market in the forecast period. The Global LED Lighting Market can be segmented based on Type, Application, Installation type, End-use, Distribution channel, and region.Based on application, the market is bifurcated into indoor lighting and outdoor lighting. The outdoor lighting is expected to hold the largest market share in the forecast period. The rise in the number of product launches, product innovations, and the increased expenditure by the government on improving the outdoor lighting system is driving the demand for outdoor lighting all over the globe. Signify N.V, Acuity Brands Inc., Osram GmBH, Seoul Semiconductor Co., Ltd., Zumtobel Lighting GmbH, General Electric Co, Fagerhult Group, Hubbell Incorporated, Everlight Electronics Co Ltd., Foshan Electrical & Lighting Co Ltd, Endo Lighting Corp, LSI Industries Inc., FW Thorpe Plc, Havells India Ltd, Dialight plc are the major players operating in the Global LED Lighting Market. Years considered for this report: Historical Years: 2016-2019 Base Year: 2020 Estimated Year: 2021E Forecast Period: 2022F-2026F Objective of the Study: • To analyze the historical growth in the market size of the global LED lighting market from 2016 to 2020. • To estimate and forecast the market size of global LED lighting market from 2021 to 2026F and growth rate until 2026F. • To classify and forecast the global LED lighting market based on type, application, installation type, end use, distribution channel, competitional landscape, and regional distribution. • To identify the dominant region or segment in the global LED lighting market. • To identify drivers and challenges for the global LED lighting market. • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global LED lighting market. • To identify and analyze the profiles of leading players operating in the global LED lighting market. • To identify key sustainable strategies adopted by market players in the global LED lighting market. The analyst performed both primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of manufacturers across the globe. Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors. Through this technique, the analyst could include the manufacturers which could not be identified due to the limitations of secondary research. The analyst examined the manufacturers, distribution channels and presence of all major players across the globe. The analyst calculated the market size of the global LED lighting market using a bottom-up approach, wherein data for various end use segments was recorded and forecast for the future years. The analyst sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst. Key Target Audience: • LED lighting manufacturers/ distributors • Market research and consulting firms • Government bodies such as regulating authorities and policy makers • Organizations, forums, and alliances related to LED lighting The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities. Report Scope: In this report, the Global LED Lighting Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below: • Global LED Lighting Market, By Type: o LED Bulbs and Lamps o Batten Lights o Downlights o Others • Global LED Lighting Market, By Application: o Outdoor Lighting o Indoor Lighting • Global LED Lighting Market, By Installation Type: o Retrofit Installation o New Installation • Global LED Lighting Market, By End Use: o Commercial o Residential o Industrial • Global LED Lighting Market, By Distribution Channel: o Direct Sales o Retail • Global LED Lighting Market, By Region: o Asia-Pacific China India Japan South Korea Australia Singapore Vietnam o North America United States Canada Mexico o Europe Russia Germany France United Kingdom Italy o Middle East & Africa UAE Saudi Arabia Egypt South Africa Turkey Nigeria o South America Brazil Argentina Colombia Chile Competitive Landscape Company Profiles: Detailed analysis of the major companies present in the Global LED Lighting Market. Available Customizations: With the given Market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report: Company Information • Detailed analysis and profiling of additional market players (up to five). Read the full report: About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________

On Wednesday, March 9, Amazon (AMZN) dropped a bombshell: For the first time since September 1999, the first time this century -- the first time this millennium -- Amazon will split its stock. And we're not talking a tiny 2-for-1 or 3-for-1 split, either. After watching its share price rise an astounding 4,000%-plus over the last couple decades, Amazon will need to split its $2,900 stock into much tinier pieces in order to get the per-share price down to a reasonable-seeming level. Accordingly,

Many retirees plan to earn extra income to supplement their retirement spending. But how much can a retired person earn without paying taxes? The answer to this question varies based on your situation. Understanding the tax rules surrounding retiree income can … Continue reading → The post How Much Can a Retired Person Earn Without Paying Taxes? appeared first on SmartAsset Blog.

David Solomon believes in-office work is crucial to the bank’s success. In a post-pandemic world, will employees agree?

Berkshire Hathaway Inc on Friday urged the rejection of four shareholder proposals recommending that it replace Warren Buffett as chairman, report on its plans to handle climate risk and reduce greenhouse gases, and improve diversity. The company, run by Buffett since 1965, also said the 91-year-old received $373,204 in compensation for 2021, down from $380,328 a year earlier, comprising his usual $100,000 salary plus personal and home security. Though Buffett's salary is low for a chief executive officer of a major company, his 16.2% Berkshire stake comprises most of his $117.9 billion net worth, which Forbes magazine said makes him the world's fifth-richest person.

The weirdest thing about Elon Musk and Grimes' relationship, and the thing that almost no one wants to admit, is that it's at least kinda cute. The CEO and Chief Engineer of SpaceX and Tesla and the musician born Claire Boucher are both polarizing figures, to be put it lightly. Musk presents himself as a creature of pure ID, one who can disrupt the stock market with a few tweets, while Grimes presents herself as a real-time anime character.

(Bloomberg) -- A Morgan Stanley trader is leaving the firm after racking up tens of millions of dollars in losses as a bout of market turmoil makes and breaks trading books across Wall Street.Most Read from BloombergUkraine Update: Kuleba Says Russian Talks Fruitless So FarRussia Devises Plan to Seize Firms Abandoned in Foreigner ExodusUkraine Update: Russia Targeting Airfields in Western UkraineRussia Bans Export of 200 Products After Suffering Sanctions HitTech Walls Off Russia Like Never Befo

Sometimes we can see more about the future of a young company based on what insiders do instead of what they say. That is why we will go through the ownership structure of SoFi Technologies ( NASDAQ:SOFI ), and see which insiders are serious about the long-term future of the company.

Yahoo Finance Live’s Jared Blikre and Akiko Fujita discuss Chinese tech stocks as they face their worst week in a year.

Money can't buy you happiness, but what about working with a financial advisor?

A big opportunity to get involved in Amazon's future growth may have just taken shape, one analyst explains.

Ted Oakley, Oxbow Advisors Managing Partner, and Michael Vogelzang, CAPTRUST CIO, join Yahoo Finance Live to discuss the Fed, inflation, and the outlook for markets.

The Fed appears set to raise interest rates next week for the first time since 2018. With inflation now at nettlesome levels and still climbing, the so-called "Fed put" is out of action, one economist said.

Too many investors have been a little too aggressive with their selling of late, setting the stage for major rebounds.

The rouble has lost a third of its value in Moscow exchanges since Russia invaded Ukraine last month, as the local economy buckles under the pressure of sanctions imposed across the world in retaliation for the invasion. President Volodymyr Zelenskiy said Ukraine had reached a "strategic turning point" in the conflict with Russia, but Russian forces bombarded cities across the country in what Moscow refers to as a "special operation," and appeared to be regrouping for a possible assault on the capital Kyiv. On Friday, U.S. President Joe Biden joined allies to hit Moscow on trade and shut down development funds, and announcing a ban on imports of Russian seafood, vodka and diamonds.

Alibaba (BABA) American depository shares closed at 52-week lows following's (JD) quarterly print, and amid renewed worries over Chinese ADRs delistings off US exchanges.

Bank of America Corp. share prices have dropped by as much as 22% in the last month or so, dipping below $40 per share earlier this week.

Yahoo Finance's Alexandra Semenova joins the Live show to discuss investors pouring into Cathie Wood's ARKK Innovation ETF despite losses.

LONDON (Reuters) -Confiscating the assets of companies that have fled Russia since the invasion of Ukraine would shatter investor confidence for decades and take Russia back to the calamitous days of the 1917 Bolshevik revolution, metals magnate Vladimir Potanin has said. Potanin, president and biggest shareholder of Norilsk Nickel, the world's largest producer of palladium and refined nickel, said Russia should respond with pragmatism to its exclusion from swathes of the global economy. "We should not try to 'slam the door' but endeavour to preserve Russia's economic position in those markets which we spent so long cultivating," Potanin, 61, said on the Telegram messaging app.

UPDATED: On the cusp of spinning off WarnerMedia — ending AT&T’s ill-fated foray into the entertainment biz — telco chief CEO John Stankey touted the company as getting into fighting shape to succeed in its core wireless and broadband sectors. AT&T released updated financial guidance on Friday ahead of its investor day presentation, fleshing out […]

AT&T offered new financial targets for its telecom operations after it divests WarnerMedia and gets out of the digital-entertainment realm, including cutting its legacy copper network in half by 2025, allowing it to expand its use of 5G and fiber.