Wednesday, 6 August 2014

Worldwide LED Industrial Lighting Market Forecast Report 2018


An LED is a semiconductor diode that emits visible light when voltage is applied to it. A diode is an electronic component that allows electricity to flow solely in one direction. LEDs were initially used as indicators in different applications. Later, they were used to display numbers on electronic meters and sign boards. Currently, LEDs have penetrated nearly every application that makes use of lighting systems. The control users have over LEDs in terms of luminescence and power consumption has made them popular for industrial applications.

Analysts forecast the Global LED Industrial Lighting market will grow at a CAGR of 29.64 percent over the period 2013-2018.

LED lighting has many advantages over other lighting sources including:
  • High intensity of brightness
  • High energy-efficiency
  • Low-voltage and current requirements
  • Low radiated heat
  • High reliability
  • Negligible UV rays
  • Long life span
  • Ability to be easily controlled and programmed
Covered in this Report
Global LED Industrial Lighting Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the EMEA, the Americas, and the APAC regions; it also covers the Global LED Industrial Lighting market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Regions
  • EMEA
  • Americas
  • APAC

Key Vendors
  • Cooper Industries plc
  • Cree Inc.
  • Dialight plc
  • Digital Lumens Inc.
  • Koninklijke Philips Electronics NV