2012-12-10 20:25:17 - Global LED Market 2010-2014 - Market Research Report - a new market research report on companiesandmarkets.com
Governments and public sector departments across the world have begun to realize the benefits of LED lighting systems over traditional lighting systems. Several public sector organizations and large private enterprises are in the phase of testing and trialing LED lights for their lighting requirements. This is expected to boost market growth.
LEDs are technically efficient in terms of lighting and power consumption. The control and limitation of power consumption is achieved effectively through the usage of LED bulbs in comparison to their traditional counterparts â incandescent bulbs. In addition to being more energy-efficient, LED bulbs have a longer lifetime than incandescent bulbs by thousands of hours.
Our analysts forecast the Global LED market to grow at a CAGR of 7.7 percent over
the period 2010â2014. One of the key factors contributing to this market growth is the demand for energy-efficient lighting. The Global LED market has also been witnessing an increase in the preference for LED lighting in the Government sector and the Public Sector. However, the high price of LEDs could pose a challenge to the growth of this market.
This market research report, Global LED Market 2010â2014, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions. It covers the market for LEDs that emit any kind of colored light. This report does not cover the market for any product, service, or solution that has LED as a light source. The report analyzes the current Global LED market landscape and its growth prospects. It also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market include
Samsung LED Co.
Key questions answered in this report:
What will the market size be in 2014 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
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