Report Description
Albany, New York, November 20, 2015: Market Research Reports Search Engine (MRRSE) has added a new research report on the industry of lighting technologies, titled “LED Lighting: Market Shares, Strategies, and Forecasts, Worldwide, 2014 to 2020”. The report elaborates on the next-generation lighting strategies in the global LED lighting market from the point of view of being replacements to incandescent filament bulbs.
According to the report, the global LED lighting market heavily benefits through the inherent advantages that LED lights possess over conventional lighting solutions, such as improved efficiency in power consumption, durability, and a longer period of use.
The report also discusses various strategies executed by top vendors in the global LED lighting market, while engaging in market competition against similar companies, as well as companies marketing conventional lighting technologies.
Complete Report with TOC @ http://www.mrrse.com/led-lighting-market-report
Scope
Sales of LEDs that outpace incandescent bulbs in North America are expected to soon completely eliminate incandescent bulbs. The LED lighting market is anticipated to grow 45% per year through 2019. The LED lighting market at $4.8 billion in 2012 is anticipated to go to $42 billion by 2019. The reason is the declining price points, the increased interest by the channel in pushing LEDs to consumers. LEDs provide the best lighting solution. The phase out of incandescent lights has begun, the onset of LED command of the market is upon us.
Key Players
Some of the key playersLightkiwi, LLC,Intermatix, Acuity Brands Lighting,Advantech Lighting Solutions,NaturaLED,Albemarle,ATG Electronics,rolighting TCP,Siemens,Sony.
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