Global High-Brightness LED Market to Grow at a CAGR of 7.15% by 2021 - Growing Demand for Intelligent Lighting Systems - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global High-Brightness LED Market 2017-2021" report to their offering.

The global HB LED market to grow at a CAGR of 7.15% during the period 2017-2021.

The report, Global Oscilloscope Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The rapid urbanization worldwide, especially in emerging economies is increasing the demand for lighting devices in a growing number of households. The residential segment is one of the major contributors to the growing demand for lighting devices. The demand for general lighting (lamp and luminaire) in the residential segment will grow at a CAGR of 5.08% during the forecast period, while the global general lighting market will grow at a CAGR of 5.45% during the forecast period.

According to the report, escalating energy cost and consumption have been compelling both governments and consumers to reduce energy consumption and employ power-saving lighting solutions. HB LEDs are technically efficient in terms of lighting and power consumption. In addition to providing power-efficient lighting, HB LED bulbs last longer than incandescent bulbs by up to thousands of hours. In addition, flexible HB LED technology enables the effective use of lighting controls and thus increases the potential for saving. The exhibit below draws a comparison of the three different 60-watt equivalent light bulbs.

Key vendors

  • Cree
  • GE Lighting
  • LG Innotek
  • Lumileds
  • Nichia
  • OSRAM
  • Samsung Electronics
  • Seoul Semiconductor

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by application

PART 07: Geographical segmentation

PART 08: Key emerging economies

PART 09: Decision framework

PART 10: Drivers and challenges

PART 11: Market trends

PART 12: Vendor landscape

PART 13: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/8nkzc4/global

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: LED (Light Emitting Diodes)

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: LED (Light Emitting Diodes)