being used in various applications

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Industrial and Commercial LED Lighting Market 2016

Global Industrial and LED lighting Market 2016 Industry Analysis, Segment Forecast up t

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Light Emitting Diodes (LEDs) are semiconductor light source. These lights are often used in the lamps as a replacement of incandescent light sources. Light Emitting Diodes have longer life, require less power, small in size and are robust in nature. The advantages of LED over incandescent light lamps such as high efficiency, longer life span, high reliability, high brightness levels and condensed size are driving the LED market as a whole. Hence, LEDs are being used in various applications such as aviation lighting, camera flashes, traffic signals, headlights, etc., market players are adopting product launch as their key developmental strategy. Recently, GE Lightings launched a new bulb that can be connected to a smart phone very economically. The key players in the global market are Philips Electronics, Digital Lumens, Inc., Cree Inc., Osram Licht AG, Dialight plc, Zumtobel AG, GE Lightings, Toshiba Corp. and Cooper plc.

For the purpose of analysis, the global market is segmented into applications, end users and geography. The application segment would comprise of indoor and outdoor applications such as airport lighting, corporate campus lighting, government healthcare lighting, industrial warehouse lighting, residential lighting, municipal lighting, Restaurant lighting, etc. Further, various end users would be industrial commercial users and architecture industries.