LED Light Engine Market – Insights On Current Scope 2026

25/mag/2020 07:00:04 Ethan Smith Contatta l'autore

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According to Stratistics MRC, the Global  LED Light Engine Market  is accounted for $ 21.88 billion in 2017 and is expected to reach $ 84.53 billion by 2026 growing at a CAGR of 16.2% during the forecast period. The increasing consumer demand for energy-efficient lighting systems, reduction in prices of LEDs, and high penetration of LEDs as a light source in the general lighting market are expected to drive the growth of this market. However, development of alternative technologies and lack of awareness regarding installation costs and payback periods are hindering the growth of LED light engine market across the globe.

Request For Report Sample:  https://www.trendsmarketresearch.com/report/sample/11416

LED Light Engine originates from Zhaga consortium. According to Zhaga definition, LED light engine or LLE is the combination of one or more LED modules, together with an LED driver (also known as electronic control gear, or ECG). Some LLEs contain an integrated driver, while some LLEs consist of one or more LED modules together with a separate driver. Therefore, LED Light Engine is a device that between LED fixtures and LED Luminaire. In a more simple definition: make led module and constant current driver printed on one Alu PCB.

Based on End User, indoor lighting segment is expected to have a larger market share than outdoor lighting. The reason is increasing infrastructural activities across the globe, mainly focused on residential lighting. By Geography, The increased construction activities in APAC are contributing significantly to the growth of the LED light engine market in the region. There are several new opportunities for energy-efficient lighting in the next few years as about 200 million homes are expected to be constructed in China and 18 million homes in India. Countries, such as China, Japan, and India are also impacting the market significantly in APAC.

Request for Report Discount:  https://www.trendsmarketresearch.com/report/discount/11416

Some of the key players profiled in the LED light engine market include Ab Fagerhult, Acuity Brands Inc., Cree Inc., GE Lighting (GE Lighting + Current), Gerard Lighting, Glamox AS, Halla AS, Hubbell Incorporated, LEDrabrands Inc., Lutron Electronics, OSRAM Licht Ag, Samsung Electronics, Signify Lighting NV, Wipro Enterprises (P) Limited and Zumtobel Group Ag.

Covered Forms:
• Flexible
• Rigid

Products Covered:
• Lamp
• Luminaire

Installations Covered:
• New Installation
• Retrofit Installation

End-Users Covered:
• Indoor Lighting
• Outdoor Lighting

Regions Covered:
• North America
or US
or Canada
or Mexico
• Europe
or Germany
or UK
or Italy
or France
or Spain
or Rest of Europe
• Asia Pacific
or Japan
or China
or India
or Australia
or New Zealand
or South Korea
or Rest of Asia Pacific
• South America
or Argentina
or Brazil
or Chile
or Rest of South America
• Middle East & Africa
or Saudi Arabia
or UAE
or Qatar
or South Africa
or Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product / Technology Analysis, Porter's five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
or Comprehensive profiling of additional market players (up to 3)
or SWOT Analysis of key players (up to 3)
• Regional Segmentation
or Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

 

Covid 19 Impact Analysis @ According to Stratistics MRC, the Global  LED Light Engine Market  is accounted for $ 21.88 billion in 2017 and is expected to reach $ 84.53 billion by 2026 growing at a CAGR of 16.2% during the forecast period. The increasing consumer demand for energy-efficient lighting systems, reduction in prices of LEDs, and high penetration of LEDs as a light source in the general lighting market are expected to drive the growth of this market. However, development of alternative technologies and lack of awareness regarding installation costs and payback periods are hindering the growth of LED light engine market across the globe.

Request For Report Sample:  https://www.trendsmarketresearch.com/report/sample/11416

LED Light Engine originates from Zhaga consortium. According to Zhaga definition, LED light engine or LLE is the combination of one or more LED modules, together with an LED driver (also known as electronic control gear, or ECG). Some LLEs contain an integrated driver, while some LLEs consist of one or more LED modules together with a separate driver. Therefore, LED Light Engine is a device that between LED fixtures and LED Luminaire. In a more simple definition: make led module and constant current driver printed on one Alu PCB.

Based on End User, indoor lighting segment is expected to have a larger market share than outdoor lighting. The reason is increasing infrastructural activities across the globe, mainly focused on residential lighting. By Geography, The increased construction activities in APAC are contributing significantly to the growth of the LED light engine market in the region. There are several new opportunities for energy-efficient lighting in the next few years as about 200 million homes are expected to be constructed in China and 18 million homes in India. Countries, such as China, Japan, and India are also impacting the market significantly in APAC.

Request for Report Discount:  https://www.trendsmarketresearch.com/report/discount/11416

Some of the key players profiled in the LED light engine market include Ab Fagerhult, Acuity Brands Inc., Cree Inc., GE Lighting (GE Lighting + Current), Gerard Lighting, Glamox AS, Halla AS, Hubbell Incorporated, LEDrabrands Inc., Lutron Electronics, OSRAM Licht Ag, Samsung Electronics, Signify Lighting NV, Wipro Enterprises (P) Limited and Zumtobel Group Ag.

Covered Forms:
• Flexible
• Rigid

Products Covered:
• Lamp
• Luminaire

Installations Covered:
• New Installation
• Retrofit Installation

End-Users Covered:
• Indoor Lighting
• Outdoor Lighting

Regions Covered:
• North America
or US
or Canada
or Mexico
• Europe
or Germany
or UK
or Italy
or France
or Spain
or Rest of Europe
• Asia Pacific
or Japan
or China
or India
or Australia
or New Zealand
or South Korea
or Rest of Asia Pacific
• South America
or Argentina
or Brazil
or Chile
or Rest of South America
• Middle East & Africa
or Saudi Arabia
or UAE
or Qatar
or South Africa
or Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product / Technology Analysis, Porter's five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
or Comprehensive profiling of additional market players (up to 3)
or SWOT Analysis of key players (up to 3)
• Regional Segmentation
or Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Covid 19 Impact Analysis @ https://www.trendsmarketresearch.com/report/covid-19-analysis/11416

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