LONDON--(BUSINESS WIRE)--Infiniti Research, a leading market intelligence solutions provider, has recently announced the completion of its latest success story on market analysis solution. This success story highlights how the experts at Infiniti Research helped a LED lighting market client reduce production costs, address thermal design challenges, and manage the supply chain complexities.
Over the past few years, the global LED lighting market has been experiencing positive growth and is expected to do so in the coming years. The rising consumer demands for energy-efficient lighting systems and lower costs of LED are expected to drive the growth of the LED lighting market. However, challenges such as high initial cost, supply chain complexities, and design constraints restrict the growth of the LED lighting market. In order to address these pressing concerns, LED manufacturers are in the need to take strategic approaches to tackle challenges coming their way.
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The Business Challenge:
The client is a LED lighting manufacturing firm based out of Western Europe. As retail and exterior lighting applications demanded different numbers of LED lighting units depending on the lighting intensity required, the client faced challenges in designing one PCBA (Printed Circuit Board Assembly) to accommodate different LED colors. Also, the high heat fluxes coming from the LED semiconductor devices increased possibilities of LED damages. The LED lighting market client, therefore, wanted to employ new technologies and designs to address heat flux issues. Also, they wanted to identify strategic initiatives undertaken by the major players in the LED lighting market to address thermal design challenges. In addition, they wanted help in devising a marketing strategy to effectively reach out to their end-users and increase the sales of LED lights. The LED lighting market client also wanted to take approaches to reduce supply chain complexities and manage operating costs. They approached the experts at Infiniti Research to leverage their expertise in offering market analysis solution.
We have executed around 30+ projects in the LED lighting market by leveraging our end-to-end capabilities and global footprint across the LED lighting industry value chain. Contact us.
The Solution Offered:
To help the client tackle the above-mentioned challenges, the experts at Infiniti Research used a combination of market analysis, technology assessment, customer intelligence, and market potential study. The engagement also involved identifying the changing pulse of the Western European LED lighting market and developing more compelling value propositions and actionable commercial plans. Also, detailed insights into the cost of implementation of each technology were offered to the client. The experts at Infiniti Research also provided the client with the crucial support needed to upgrade processes to meet its business objective.
Infiniti’s market analysis solution helped the client to:
- Identify new cost-effective technologies and processes
- Adopt new technologies and efficiently design PCBA to accommodate different LED colors
- Invest into heat management systems and tackle thermal design issues
- Improve efficiency in the supply chain to better manage inventory
- Devise a sound marketing strategy and enhance sales
- Identify supply chain complexities and take strategic approaches to tackle them
- Launch new LED lights in the market meeting customer requirements
- Achieve huge commercial success for its new products
- Enhance business efficiency and reduce production costs
- Achieve huge savings on operating costs
- Reduce production costs by investing into new technologies and designs
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About Infiniti Research
Established in 2003, Infiniti Research, is a leading market intelligence company providing smart solutions to address your business challenges. Infiniti Research studies markets in more than 100 countries to help analyze competitive activity, see beyond market disruptions, and develop intelligent business strategies. To know more, visit: https://www.infinitiresearch.com/about-us