We follow a true bottom-up approach for each of our industry reports under LED Lighting, where the market sizing are calculated at a segmental level and company market shares are calculated at a country-level.
RAW DATA COLLECTION
Analyzing Population and Per Capita Income Trend
Total LED Import
Lighting Electricity Consumption
Automotive Production and No. of Automobile on Road
Identifying Total Residential, Commercial, Office Spaces
Analyzing Total Road Network.
OTHER CRITICAL FACTORS
LED Lighting Price Trend
LED Penetration Rate in Residential, Commercial, and Automotive Lighting
Analyzing Usage of Lighting Equipment in Agriculture, Identifying Future Residential, Commercial, and Industrial Projects.
PARAMETERS, ESTIMATES & FORECASTS
Government Regulation on LED Lighting
Demand for LED Lighting for Indoor, Outdoor, and Automotive Application
Pricing Analysis of LED Lighting for Indoor, Outdoor, and Automotive Application
DATA VALIDATION
Primary Interviews with Industry Experts
Regulators/Government and Lighting Associations
Public Sources
Lighting Industry Database
Bottom Up Estimation Model
Local Production, LED Pricing and Market Size Data
LED lighting application area usage trend for all End Use Application area mentioned in the scope
LED LIGHTING MARKET VALUE
LED Lighting Market Value and Volume for Indoor, Outdoor, and Automotive End Use
Market Value and Volume for Vehicle Type
Top Company Market Share at Country and Regional Level.
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Tracking a million data points on the LED Lighting industry. Our
constant market tracking covers over 1 million+ data points
spanning 45 countries and over 150 companies just for the
LED Lighting industry.
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Expert Insights
Growing demand for energy efficient lamps and luminaries across various industries will play a major role in the robust growth of LED lighting market in the next five years.
The LED lighting industry is highly influenced by two factors: increasing awareness and implementation of energy efficient lamps and luminaries and rising penetration of LEDs in automotive industry owing to the advent of electric vehicles. EVs in automotive industry will continue to attract multiple applications of LEDs with the increasing availability of diversified products for utilities such as DRLs (daytime running lights), tail lights, stop lights among others. On the other hand, increasing trend of horticulture in extreme climates will support promising growth in the agricultural light or grow light market.
Soumya Sen
Senior Research Analyst, Information and Communication Technology
The US Indoor LED Lighting Market is segmented by Indoor Lighting (Agricultural Lighting, Commercial, Industrial and Warehouse, Residential). Market Volume is presented in Units, and Market Value is presented in USD Million. Key Data Points observed include Population, Per Capita Income, Lighting Electricity Consumption, LED Penetration, and Number of Households.
The Europe Automotive LED Lighting Market is segmented by Automotive Utility Lighting (Daytime Running Lights (DRL), Directional Signal Lights, Headlights, Reverse Light, Stop Light, Tail Light, Others), by Automotive Vehicle Lighting (2 Wheelers, Commercial Vehicles, Passenger Cars) and by Country (France, Germany, Spain, United Kingdom). Market Volume is presented in Units and Market Value is presented in USD Million. Key Data Points observed include Population, Per Capiya Income, Automotive Production, Number of Automobile on Road, LED Penetration, Road Network in km, Interest Rate for Auto Loans, and Number of Charging Stations.
The US Automotive LED Lighting Market is segmented by Automotive Utility Lighting (Daytime Running Lights (DRL), Directional Signal Lights, Headlights, Reverse Light, Stop Light, Tail Light, Others) and by Automotive Vehicle Lighting (2 Wheelers, Commercial Vehicles, Passenger Cars). Market Volume is presented in Units and Market Value is presented in USD Million. Key Data Points observed include Population, Per Capiya Income, Automotive Production, Number of Automobile on Road, LED Penetration, Road Network in km, Interest Rate for Auto Loans, and Number of Charging Stations.
The UK Automotive LED Lighting Market is segmented by Automotive Utility Lighting (Daytime Running Lights (DRL), Directional Signal Lights, Headlights, Reverse Light, Stop Light, Tail Light, Others) and by Automotive Vehicle Lighting (2 Wheelers, Commercial Vehicles, Passenger Cars). Market Volume is presented in Units and Market Value is presented in USD Million. Key Data Points observed include Population, Per Capiya Income, Automotive Production, Number of Automobile on Road, LED Penetration, Road Network in km, Interest Rate for Auto Loans, and Number of Charging Stations.
The UK Outdoor LED Lighting Market is segmented by Outdoor Lighting (Public Places, Streets and Roadways, Others). Market Volume is presented in Units, and Market Value is presented in USD Million. Key Data Points observed include Population, Per Capita Income, Lighting Electricity Consumption, LED Penetration, Road Network in km, Number of Stadiums, and Horticulture Area.
The Spain Automotive LED Lighting Market is segmented by Automotive Utility Lighting (Daytime Running Lights (DRL), Directional Signal Lights, Headlights, Reverse Light, Stop Light, Tail Light, Others) and by Automotive Vehicle Lighting (2 Wheelers, Commercial Vehicles, Passenger Cars). Market Volume is presented in Units and Market Value is presented in USD Million. Key Data Points observed include Population, Per Capiya Income, Automotive Production, Number of Automobile on Road, LED Penetration, Road Network in km, Interest Rate for Auto Loans, and Number of Charging Stations.
The UK Indoor LED Lighting Market is segmented by Indoor Lighting (Agricultural Lighting, Commercial, Industrial and Warehouse, Residential). Market Volume is presented in Units, and Market Value is presented in USD Million. Key Data Points observed include Population, Per Capita Income, Lighting Electricity Consumption, LED Penetration, and Number of Households.
The South America Outdoor LED Lighting Market is segmented by Outdoor Lighting (Public Places, Streets and Roadways, Others). Market Volume is presented in Units, and Market Value is presented in USD Million. Key Data Points observed include Population, Per Capita Income, Lighting Electricity Consumption, LED Penetration, Road Network in km, Number of Stadiums, and Horticulture Area.
The South Korea Automotive LED Lighting Market is segmented by Automotive Utility Lighting (Daytime Running Lights (DRL), Directional Signal Lights, Headlights, Reverse Light, Stop Light, Tail Light, Others) and by Automotive Vehicle Lighting (2 Wheelers, Commercial Vehicles, Passenger Cars). Market Volume is presented in Units and Market Value is presented in USD Million. Key Data Points observed include Population, Per Capiya Income, Automotive Production, Number of Automobile on Road, LED Penetration, Road Network in km, Interest Rate for Auto Loans, and Number of Charging Stations.
The South America LED Lighting Market is segmented by Indoor Lighting (Agricultural Lighting, Commercial, Industrial and Warehouse, Residential), by Outdoor Lighting (Public Places, Streets and Roadways, Others), by Automotive Utility Lighting (Daytime Running Lights (DRL), Directional Signal Lights, Headlights, Reverse Light, Stop Light, Tail Light, Others) and by Automotive Vehicle Lighting (2 Wheelers, Commercial Vehicles, Passenger Cars). Market Volume is presented in Units, and Market Value is presented in USD Million. Key Data Points observed include Lighting Electricity Consumption, Automotive Production, Number of Automobile on Road, LED Penetration, Road Network in km, Number of Stadiums, and Total Horticulture Area.
The Asia Pacific Automotive LED Lighting Market is segmented by Automotive Utility Lighting (Daytime Running Lights (DRL), Directional Signal Lights, Headlights, Reverse Light, Stop Light, Tail Light, Others), by Automotive Vehicle Lighting (2 Wheelers, Commercial Vehicles, Passenger Cars) and by Country (China, India, Japan, South Korea). Market Volume is presented in Units and Market Value is presented in USD Million. Key Data Points observed include Population, Per Capiya Income, Automotive Production, Number of Automobile on Road, LED Penetration, Road Network in km, Interest Rate for Auto Loans, and Number of Charging Stations.
The Asia Pacific Indoor LED Lighting Market is segmented by Indoor Lighting (Agricultural Lighting, Commercial, Industrial and Warehouse, Residential) and by Country (China, India, Japan). Market Volume is presented in Units, and Market Value is presented in USD Million. Key Data Points observed include Population, Per Capita Income, Lighting Electricity Consumption, LED Penetration, and Number of Households.
The Asia Pacific LED Lighting Market is segmented by Indoor Lighting (Agricultural Lighting, Commercial, Industrial and Warehouse, Residential), by Outdoor Lighting (Public Places, Streets and Roadways, Others), by Automotive Utility Lighting (Daytime Running Lights (DRL), Directional Signal Lights, Headlights, Reverse Light, Stop Light, Tail Light, Others), by Automotive Vehicle Lighting (2 Wheelers, Commercial Vehicles, Passenger Cars) and by Country (China, India, Japan). Market Volume is presented in Units, and Market Value is presented in USD Million. Key Data Points observed include Lighting Electricity Consumption, Automotive Production, Number of Automobile on Road, LED Penetration, Road Network in km, Number of Stadiums, and Total Horticulture Area.
The Asia Pacific Outdoor LED Lighting Market is segmented by Outdoor Lighting (Public Places, Streets and Roadways, Others) and by Country (China, India, Japan). Market Volume is presented in Units, and Market Value is presented in USD Million. Key Data Points observed include Population, Per Capita Income, Lighting Electricity Consumption, LED Penetration, Road Network in km, Number of Stadiums, and Horticulture Area.
The China Automotive LED Lighting Market is segmented by Automotive Utility Lighting (Daytime Running Lights (DRL), Directional Signal Lights, Headlights, Reverse Light, Stop Light, Tail Light, Others) and by Automotive Vehicle Lighting (2 Wheelers, Commercial Vehicles, Passenger Cars). Market Volume is presented in Units and Market Value is presented in USD Million. Key Data Points observed include Population, Per Capiya Income, Automotive Production, Number of Automobile on Road, LED Penetration, Road Network in km, Interest Rate for Auto Loans, and Number of Charging Stations.
The China Indoor LED Lighting Market is segmented by Indoor Lighting (Agricultural Lighting, Commercial, Industrial and Warehouse, Residential). Market Volume is presented in Units, and Market Value is presented in USD Million. Key Data Points observed include Population, Per Capita Income, Lighting Electricity Consumption, LED Penetration, and Number of Households.
The China LED Lighting Market is segmented by Indoor Lighting (Agricultural Lighting, Commercial, Industrial and Warehouse, Residential), by Outdoor Lighting (Public Places, Streets and Roadways, Others), by Automotive Utility Lighting (Daytime Running Lights (DRL), Directional Signal Lights, Headlights, Reverse Light, Stop Light, Tail Light, Others) and by Automotive Vehicle Lighting (2 Wheelers, Commercial Vehicles, Passenger Cars). Market Volume is presented in Units, and Market Value is presented in USD Million. Key Data Points observed include Lighting Electricity Consumption, Automotive Production, Number of Automobile on Road, LED Penetration, Road Network in km, Number of Stadiums, and Total Horticulture Area.
The China Outdoor LED Lighting Market is segmented by Outdoor Lighting (Public Places, Streets and Roadways, Others). Market Volume is presented in Units, and Market Value is presented in USD Million. Key Data Points observed include Population, Per Capita Income, Lighting Electricity Consumption, LED Penetration, Road Network in km, Number of Stadiums, and Horticulture Area.
The Europe Automotive LED Lighting Market is segmented by Automotive Utility Lighting (Daytime Running Lights (DRL), Directional Signal Lights, Headlights, Reverse Light, Stop Light, Tail Light, Others), by Automotive Vehicle Lighting (2 Wheelers, Commercial Vehicles, Passenger Cars) and by Country (France, Germany, Spain, United Kingdom). Market Volume is presented in Units and Market Value is presented in USD Million. Key Data Points observed include Population, Per Capiya Income, Automotive Production, Number of Automobile on Road, LED Penetration, Road Network in km, Interest Rate for Auto Loans, and Number of Charging Stations.
The Europe Indoor LED Lighting Market is segmented by Indoor Lighting (Agricultural Lighting, Commercial, Industrial and Warehouse, Residential) and by Country (France, Germany, United Kingdom). Market Volume is presented in Units, and Market Value is presented in USD Million. Key Data Points observed include Population, Per Capita Income, Lighting Electricity Consumption, LED Penetration, and Number of Households.
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