LED Indoor Lighting Market Size, Opportunities, Trends, Products, Revenue Analysis, For 2020–2026 | Reports And Data

The LED Indoor Lighting Market is expected to grow from USD 3.79 Billion in 2018 to USD 10.55 Billion by 2026, at a CAGR of 12.52%. The high use of light emitting diodes as an alternative to florescent, HID and incandescent lighting has paved the way for large – scale lighting of indoor light emitting diodes.

The main factors driving the smart indoor lighting market are energy saving concerns and the factors responsible for the growth of the smart indoor lighting market are its advantages, such as low maintenance costs, longer stamina and low power consumption. Another is the falling prices of LED components.

Commercial and industrial buildings are one of the most common applications for intelligent lighting. Lighting accounts for 20% to 50% of global energy consumption. Lighting in commercial and industrial buildings accounts for 40 percent of total energy spending.

To get a FREE sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/1105

The significant players in the market are Digital Lumens, Inc. (United States), Acuity Brands Lighting, Inc. (United States), Philips Lighting (Netherlands), General Electric Company (United States), OSRAM Licht AG (Germany), Honeywell International (United States), Cooper Industries, Inc. (Ireland), Legrand (France), Schneider Electric SE (France), among others.

Segments covered in the report:

For the purpose of this study, Reports and Data have segmented the market on the basis of solutions, services, deployment model and regional analysis.

Light Source (Revenue, USD Million; 2016–2026)

• Fluorescent Lamps
• Light Emitting Diodes
• High Intensity Discharge Lamps

Application (Revenue, USD Million; 2016–2026)

• Residential
• Commercial
• Industrial
• Others

Region (Revenue, USD Million; 2016–2026)

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • UK
• APAC
  • China
  • India
• Latin America
  • Brazil
• Middle East & Africa

To know more about the report @ https://www.reportsanddata.com/report-detail/led-indoor-lighting-market

Further key findings from the report suggest

• The LED Indoor Lighting Market is expected to grow from USD 3.79 Billion in 2018 to USD 10.55 Billion by 2026, at a CAGR of 12.52%. The high use of light emitting diodes as an alternative to florescent, HID and incandescent lighting has paved the way for large – scale lighting of indoor light emitting diodes.
• On the basis of Application, the largest market share in 2018 was in the commercial sub – segment. In recent years, the use of LED lights in offices, retail stores and malls, hospitals, educational buildings and others has increased significantly.
• Among Light Source, the Light Emitting Diodes (LED) is expected to grow at the highest CAGR of 16.71% during the forecast period. Light emitting diodes are highly efficient, reliable and have a longer life span, which is expected to increase demand in different applications, including indoor and outdoor solutions. Compared to incandescent lights, these lights are cost-effective and provide about 50,000 hours of lighting with a small amount of energy consumed.
• Asia-Pacific held the largest share of the LED Indoor lighting market in 2018 and is expected to maintain its dominance in the market during the forecast period, while Europe’s is expected to be the second largest market in 2026. Europe has a relatively high living standard of population. People in this region have the financial means necessary to invest in intelligent homes equipped with several innovative LED lighting systems. The high market growth in APAC can be attributed to ongoing projects to modernize infrastructure in developing economies such as China and India, where governments have approved the construction of several intelligent cities.

Key Highlights in the Report:

• Provides a detailed overview of market growth and patterns for the years 2021-2028, including key market parameters.
• It provides useful information about the global LED Indoor Lighting industry, including market forecasts and sales growth rates.
• Technical advances, regulatory environment, recent innovations, and existing and emerging trends in the Athleisure market are all covered in this report.
• Comprehensive industry analysis, including key statistical data and market knowledge gleaned from primary and secondary research.

Request for customization of the report @ https://www.reportsanddata.com/request-customization-form/1105

Thank you for reading our report. To know more about the customization of the report, please get in touch with us and our team will ensure the report is suited to your requirements.

Explore Reports and Data’s Prime Analysis of the global Consumer Electronics:

1. EFEM & Sorters Market Size, Share & Share By Product Type, By Application and By Region, Forecast to 2028
2. Lighting Control Market Size, Share & Analysis, By Type And By Region, And Forecast To 2027
3. Personal Care Appliances Market Size, Share & Analysis, By Product Type And By Region, Forecast To 2027
4. Security Inspection Market Size, Share & Analysis, By Type And By End-Use, And By Region Forecast To 2027
5. Robotic Vacuum Cleaners Market Size, Share & Analysis, By Type, By Application And By Region Forecast To 2027

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Contact Us:

John W

Head of Business Development

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com

Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs

Read Full Press Release: https://www.reportsanddata.com/press-release/global-led-indoor-lighting-market

The post LED Indoor Lighting Market Size, Opportunities, Trends, Products, Revenue Analysis, For 2020–2026 | Reports And Data first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.

The LED Indoor Lighting Market is expected to grow from USD 3.79 Billion in 2018 to USD 10.55 Billion by 2026, at a CAGR of 12.52%. The high use of light emitting diodes as an alternative to florescent, HID and incandescent lighting has paved the way for large – scale lighting of indoor light emitting diodes.

The main factors driving the smart indoor lighting market are energy saving concerns and the factors responsible for the growth of the smart indoor lighting market are its advantages, such as low maintenance costs, longer stamina and low power consumption. Another is the falling prices of LED components.

Commercial and industrial buildings are one of the most common applications for intelligent lighting. Lighting accounts for 20% to 50% of global energy consumption. Lighting in commercial and industrial buildings accounts for 40 percent of total energy spending.

To get a FREE sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/1105

The significant players in the market are Digital Lumens, Inc. (United States), Acuity Brands Lighting, Inc. (United States), Philips Lighting (Netherlands), General Electric Company (United States), OSRAM Licht AG (Germany), Honeywell International (United States), Cooper Industries, Inc. (Ireland), Legrand (France), Schneider Electric SE (France), among others.

Segments covered in the report:

For the purpose of this study, Reports and Data have segmented the market on the basis of solutions, services, deployment model and regional analysis.

Light Source (Revenue, USD Million; 2016–2026)

• Fluorescent Lamps
• Light Emitting Diodes
• High Intensity Discharge Lamps

Application (Revenue, USD Million; 2016–2026)

• Residential
• Commercial
• Industrial
• Others

Region (Revenue, USD Million; 2016–2026)

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • UK
• APAC
  • China
  • India
• Latin America
  • Brazil
• Middle East & Africa

To know more about the report @ https://www.reportsanddata.com/report-detail/led-indoor-lighting-market

Further key findings from the report suggest

• The LED Indoor Lighting Market is expected to grow from USD 3.79 Billion in 2018 to USD 10.55 Billion by 2026, at a CAGR of 12.52%. The high use of light emitting diodes as an alternative to florescent, HID and incandescent lighting has paved the way for large – scale lighting of indoor light emitting diodes.
• On the basis of Application, the largest market share in 2018 was in the commercial sub – segment. In recent years, the use of LED lights in offices, retail stores and malls, hospitals, educational buildings and others has increased significantly.
• Among Light Source, the Light Emitting Diodes (LED) is expected to grow at the highest CAGR of 16.71% during the forecast period. Light emitting diodes are highly efficient, reliable and have a longer life span, which is expected to increase demand in different applications, including indoor and outdoor solutions. Compared to incandescent lights, these lights are cost-effective and provide about 50,000 hours of lighting with a small amount of energy consumed.
• Asia-Pacific held the largest share of the LED Indoor lighting market in 2018 and is expected to maintain its dominance in the market during the forecast period, while Europe’s is expected to be the second largest market in 2026. Europe has a relatively high living standard of population. People in this region have the financial means necessary to invest in intelligent homes equipped with several innovative LED lighting systems. The high market growth in APAC can be attributed to ongoing projects to modernize infrastructure in developing economies such as China and India, where governments have approved the construction of several intelligent cities.

Key Highlights in the Report:

• Provides a detailed overview of market growth and patterns for the years 2021-2028, including key market parameters.
• It provides useful information about the global LED Indoor Lighting industry, including market forecasts and sales growth rates.
• Technical advances, regulatory environment, recent innovations, and existing and emerging trends in the Athleisure market are all covered in this report.
• Comprehensive industry analysis, including key statistical data and market knowledge gleaned from primary and secondary research.

Request for customization of the report @ https://www.reportsanddata.com/request-customization-form/1105

Thank you for reading our report. To know more about the customization of the report, please get in touch with us and our team will ensure the report is suited to your requirements.

Explore Reports and Data’s Prime Analysis of the global Consumer Electronics:

1. EFEM & Sorters Market Size, Share & Share By Product Type, By Application and By Region, Forecast to 2028
2. Lighting Control Market Size, Share & Analysis, By Type And By Region, And Forecast To 2027
3. Personal Care Appliances Market Size, Share & Analysis, By Product Type And By Region, Forecast To 2027
4. Security Inspection Market Size, Share & Analysis, By Type And By End-Use, And By Region Forecast To 2027
5. Robotic Vacuum Cleaners Market Size, Share & Analysis, By Type, By Application And By Region Forecast To 2027

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Contact Us:

John W

Head of Business Development

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com

Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs

Read Full Press Release: https://www.reportsanddata.com/press-release/global-led-indoor-lighting-market

The post LED Indoor Lighting Market Size, Opportunities, Trends, Products, Revenue Analysis, For 2020–2026 | Reports And Data first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.