LED Market Size to Grow by USD 96.82 bn | Acuity Brands Inc. and ams AG Among Key Vendors | Technavio

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Major Five LED Companies: Key Offerings

• Acuity Brands Inc. - The company offers LED lighting through its subsidiary luminaire LED.
• ams AG - The company offers a wide range of LED products through its subsidiary OSRAM GmbH.
• Bridgelux Inc. - The company offers a wide range of LED lighting such as V Series HD, EB Series, and others.
• Eaton Corp. Plc - The company offers LED lighting solutions for a wide range of industrial applications.
• General Electric Co. - The company offers a wide range of HD LED bulbs such as Refresh HD, Relax HD, and more.

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LED Market Application Outlook (Revenue, USD bn, 2020-2025)

• General lighting - size and forecast 2020-2025
• Backlighting - size and forecast 2020-2025
• Automotive lighting - size and forecast 2020-2025
• Others - size and forecast 2020-2025

LED Market Geography Outlook (Revenue, USD bn, 2020-2025)

• APAC - size and forecast 2020-2025
• Europe - size and forecast 2020-2025
• North America - size and forecast 2020-2025
• South America - size and forecast 2020-2025
• MEA - size and forecast 2020-2025

LED Market Product Outlook (Revenue, USD bn, 2020-2025)

• Luminaires - size and forecast 2020-2025
• Lamps - size and forecast 2020-2025

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Regional Analysis

APAC will account for 50% of the market's growth during the forecast period. The increased demand for LED solutions from the residential and commercial segments will drive the LED market growth in APAC during the forecast period. Market growth in this region will be faster than the growth of the market in North America and MEA. China, Japan, and India are the key countries for the LED market in APAC.

APAC has become a hub for industries such as retail, hospitality, and healthcare. Several multinational companies are also setting up their offices in the region. Furthermore, improving IT infrastructure is leading to the development of smart infrastructure in several countries in the region. The growing construction market, coupled with increasing investments by governments in infrastructure projects in various countries in the region, will create significant growth potential for the LED market. This is accelerating the demand for efficient lighting solutions such as LEDs. In addition, developing countries such as China and India will witness many international events being organized during the forecast period.

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Table of Contents

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2020
• Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product
• Luminaires - Market size and forecast 2020-2025
• Lamps - Market size and forecast 2020-2025
• Market opportunity by Product

Market Segmentation by Application

• Market segments
• Comparison by Application
• General lighting - Market size and forecast 2020-2025
• Automotive lighting - Market size and forecast 2020-2025
• Backlight - Market size and forecast 2020-2025
• Others - Market size and forecast 2020-2025
• Market opportunity by Application

Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2020-2025
• Europe - Market size and forecast 2020-2025
• North America - Market size and forecast 2020-2025
• South America - Market size and forecast 2020-2025
• MEA - Market size and forecast 2020-2025
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Acuity Brands Inc.
• ams AG
• Bridgelux Inc.
• Eaton Corp. Plc
• General Electric Co.
• Lumileds Holding BV
• Nichia Corp.
• Signify NV
• SMART Global Holdings Inc.
• WOOREE E and L Co. Ltd.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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