2018-12-15
Report Code: BWC1848
Available Format: PDF 
Pages: 230
Global LED Lighting Market: Overview
Reduction in the price of LED products and an increase in infrastructure-building activities will drive the market. Significant reductions in the price of LED lighting systems in recent years have enhanced the adoption of various LED lighting products worldwide. In addition, governments have introduced favorable regulations regarding the conventional lighting and energy consumption across the United States, European Union, China, and India that are anticipated to favor the market demand for LED lighting.
Global LED Lighting market is expected to grow with a CAGR of 13% during the forecast period 2018-2025, due to growing application of LED Lights in Residential, commercial and Industrial sectors. Rising urban population and consumer shift towards energy efficient lighting system will positively drive the LED lighting Market. Since the scarcity of natural resources and costs of energy are increasing, LED lighting is among the most cost-effective products to reduce the depletion of natural energy resources.
Global LED Lighting Market Size, By Product, 2014-2025 (USD Billion)
Global LED Lighting Market: Key Product Analysis
LED Lighting Systems are segmented in various products which include LED Bulbs, LED Fixtures, Bare LED Tubes, LED Downlights and others.
·
LED bulbs generate more light per watt than the
conventional incandescent bulbs, which is more useful in energy saving devices.
LED bulbs are able to emit light of various colors without the use of filters.
They are more efficient and cost-effective. LED bulbs are ideal for
applications that require frequent on-off cycling since they do not burn out
quickly like incandescent bulbs, which is rapidly driving the LED bulbs market.
·
LED fixtures require almost 50% less electricity
than conventional lights. LED fixtures have extended life which could be
30,000-50,000 hours and even longer. The performance of LED lights increases as
the operating temperature decreases, unlike the incandescent lights. They have
rapid cycling life and durability which is mainly surging the growth of LED
fixtures.
Global LED Lighting Market: End-Use Industry Analysis
·
Rapid increase in the population across the
globe is also increasing the residential areas. The higher living standard of
people with various interior decorations and daily use need energy efficient
lighting systems which is speeding up the growth and demand for LED lighting
systems in the residential sector.
·
Commercial end-use industry is growing at a
significant rate as industrialization is booming with newer companies and
businesses emerging. The commercial buildings need lighting systems that run
for longer hours owing to lengthy and extended office timings and yet are
durable and energy efficient. Thus, the demand for LED lighting system is
escalating as they are efficient and durable along with other major benefits.
Global LED Lighting Market: Application Industry Analysis
·
LEDs are much brighter when compared to
traditional halide street lamps helping illuminate the streets, parking lots
and sidewalks better. The LEDs have longer durability, efficiency with the
added advantage of flexibility. The lamps can be found in various forms such as
wall mounted fixtures, street lighting, motion sensor security lights, and
others. Thus, they are being increasingly used in various outdoor applications.
·
Automotive application of LED lighting is
growing at a rapid pace since cars and other automobiles are now using
electrically powered lights LED lights. They offer brighter light while using
less energy and producing less heat. They are about 85% more efficient than the
incandescent lights. They have lower maintenance costs which are driving the
manufacturers are implementing LEDs in the vehicles.
·
Backlight application segment for LED Lighting
is estimated to grow at with a significant CAGR during the forecast
period. Low power consumption, light,
and slim form factor, and high product differentiation are the key driving
factors over the forecast period. Features offered such as dimming backlight
capability as well as wide color gamut is expected to propel LED backlighting
market growth.
Global LED Lighting Market: Distribution Channel Industry Analysis
·
Consumers buy LEDs from retail distributors
mainly because they provide various offers and are convenient. During urgent
requirements, one can rush to the nearby retail store and buy their desired
LEDs. Retail distributors mostly consist of the independent stores, super
markets, etc.
·
Online Suppliers of the LED lighting market are
growingly rapidly as innovative technologies and changing lifestyle have
changed the preferences of consumers. People mostly buy LED lights from online
since they are provided with tailor made offers, free shipping, returns, etc.
People can choose from thousands of options and order their desired products
and get it home delivered at their preferred time and date.
Global LED Lighting Market: Regional Industry Analysis
·
The LED market in Asia Pacific is estimated to
grow significantly during the forecast period owing to favorable initiatives by
the government, flourishing industry of real estate, and increasing demand for
higher efficiency lights. The region would become one of the principal
consumers of LED products and also a key supplier of LED chips and packages.
·
The growing penetration of smartphones and
advantages of energy saving associated with connected lighting systems will
drive the North America LED market for LED lighting, since technology adoption
happens swiftly in countries, such as the United States. The LEDs are cost
effective and thus various major companies like Apple are also incorporating
organic LED lights in their mobile phone which is further driving the market.
Global LED Lighting Market: Competitive Dynamics
The global LED lighting market is dominated by a number of players, amongst them the major players are Samsung electronics co. Ltd., Philips Lighting N.V, General Electric Company, LG Innotek co. Ltd, Everlight electronics co., ltd., Syska LED Lights Pvt. Companies in this industry are following different strategies to strengthen their market position.
1.
Research Framework
1.1.
Market Definition and Product Overview
1.2.
Market Segmentation
2.
Research
Methodology
2.1.
Qualitative Research
2.1.1.
Primary & Secondary Sources
2.2.
Quantitative Research
2.2.1.
Primary & Secondary Sources
2.3.
Breakdown of Primary Research Respondents, By Region
2.3.1.
Secondary Research
2.3.2.
Primary Research
2.4.
Breakdown of Primary Research Respondents, By Industry Participants
2.5.
Market Size Estimation
2.6.
Assumption for the Study
2.7.
Market Breakdown & Data Triangulation
3.
Executive
Summary
4.
Industry
Insights
4.1.
Industry ecosystem analysis
4.1.1.
Vendor matrix
4.2.
Pricing Analysis
4.3.
Industry impact and forces
4.3.1.
Growth drivers
4.3.1.1.
Growing need for energy efficient lighting systems
4.3.1.2.
Diminishing price of LEDs
4.3.1.3.
Supportive government initiatives
4.3.2.
Restraints
4.3.2.1.
High manufacturing cost
4.4.
Technological Landscape & Innovations
4.5.
Regulatory framework
4.6.
Company market share analysis,2017
4.7.
Growth potential analysis,2017
4.8.
Strategic Outlook
4.9.
Porter’s Five forces analysis
4.9.1.
Bargaining Power of Suppliers
4.9.2.
Bargaining Power of Buyers
4.9.3.
Threat of New Entrants
4.9.4.
Threat of Substitutes
4.9.5.
Intensity of Rivalry
4.10.
PESTEL analysis
5.
Global
LED Lighting Market Overview
5.1.
Market Size & Forecast
5.1.1.
By Value (USD Billion)
5.1.2.
By Volume (Billion Units)
5.2.
Market Share & Forecast
5.2.1.
By Product
5.2.1.1.
LED Bulbs
5.2.1.2.
LED Fixtures
5.2.1.3.
Bare LED Tubes
5.2.1.4.
LED Downlights
5.2.1.5.
Others(Solar LED Lights, LED neon lights, LED rope lights, LED
street light, LED flashlights)
5.2.2.
By End-Use Industry
5.2.2.1.
Residential
5.2.2.2.
Commercial
5.2.2.3.
Industrial
5.2.3.
By Application
5.2.3.1.
Outdoor
5.2.3.2.
Indoor
5.2.3.3.
Backlight
5.2.3.4.
Automotive
5.2.3.5.
Others(Emergency Lighting, Under Water & Fountain Lighting,
Decorative Lighting, Stage lighting)
5.2.4.
By Distribution Channel
5.2.4.1.
Retail Distributors
5.2.4.2.
Online Suppliers
5.2.5.
By Region
5.2.5.1.
North America (U.S., Canada and Rest of North America)
5.2.5.2.
Europe (Germany, U.K., France, Russia and RoE)
5.2.5.3.
Asia Pacific (China, Japan, India, South Korea, Australia and RoAPAC)
5.2.5.4.
Latin America (Argentina, Brazil, Mexico and RoLATAM)
5.2.5.5.
Middle East & Africa (U.A.E., Saudi Arabia, South Africa, and
RoMEA)
6.
LED
Market, By Product
6.1.
Key Product Trends
6.2.
LED Bulbs
6.2.1.
Market estimates & forecast, 2014-2025, (USD Billion) (Billion
Units)
6.2.2.
Market estimates & forecast, by region, 2014-2025, (USD
Billion) (Billion Units)
6.3.
LED Fixtures
6.3.1.
Market estimates & forecast, 2014-2025, (USD Billion) (Billion
Units)
6.3.2.
Market estimates & forecast, by region, 2014-2025, (USD
Billion) (Billion Units)
6.4.
Bare LED Tubes
6.4.1.
Market estimates & forecast, 2014-2025, (USD Billion) (Billion
Units)
6.4.2.
Market estimates & forecast, by region, 2014-2025, (USD
Billion) (Billion Units)
6.5.
LED Down lights
6.5.1.
Market estimates & forecast, 2014-2025, (USD Billion) (Billion
Units)
6.5.2.
Market estimates & forecast, by region, 2014-2025, (USD
Billion) (Billion Units)
6.6.
Others
6.6.1.
Market estimates & forecast, 2014-2025, (USD Billion) (Billion
Units)
6.6.2.
Market estimates & forecast, by region, 2014-2025, (USD
Billion) (Billion Units)
7.
LED Lightings Market, By End-Use Industry
7.1.
Key End-Use Trends
7.2.
Residential
7.2.1.
Market estimates & forecast, 2014-2025, (USD Billion) (Billion
Units)
7.2.2.
Market estimates & forecast, by region, 2014-2025, (USD Billion)
(Billion Units)
7.3.
Commercial
7.3.1.
Market estimates & forecast, 2014-2025, (USD Billion) (Billion
Units)
7.3.2.
Market estimates & forecast, by region, 2014-2025, (USD
Billion) (Billion Units)
7.4.
Industrial
7.4.1.
Market estimates & forecast, 2014-2025, (USD Billion) (Billion
Units)
7.4.2.
Market estimates & forecast, by region, 2014-2025, (USD
Billion) (Billion Units)
8.
LED
Lightings Market, By Application
8.1.
Key Application Trends
8.2.
Outdoor
8.2.1.
Market estimates & forecast, 2014-2025, (USD Billion) (Billion
Units)
8.2.2.
Market estimates & forecast, by region, 2014-2025, (USD
Billion) (Billion Units)
8.3.
Indoor
8.3.1.
Market estimates & forecast, 2014-2025, (USD Billion) (Billion
Units)
8.3.2.
Market estimates & forecast, by region, 2014-2025, (USD
Billion) (Billion Units)
8.4.
Backlight
8.4.1.
Market estimates & forecast, 2014-2025, (USD Billion) (Billion
Units)
8.4.2.
Market estimates & forecast, by region, 2014-2025, (USD
Billion) (Billion Units)
8.5.
Automotive
8.5.1.
Market estimates & forecast, 2014-2025, (USD Billion) (Billion
Units)
8.5.2.
Market estimates & forecast, by region, 2014-2025, (USD
Billion) (Billion Units)
8.6.
Others
8.6.1.
Market estimates & forecast, 2014-2025, (USD Billion) (Billion
Units)
8.6.2.
Market estimates & forecast, by region, 2014-2025, (USD
Billion) (Billion Units)
9.
LED
Lightings Market, By Distribution Channel
9.1.
Key Distribution Channel Trends
9.2.
Retail Distributors
9.2.1.
Market estimates & forecast, 2014-2025, (USD Billion) (Billion
Units)
9.2.2.
Market estimates & forecast, by region, 2014-2025, (USD
Billion) (Billion Units)
9.3.
Online Suppliers
9.3.1.
Market estimates & forecast, 2014-2025, (USD Billion) (Billion
Units)
9.3.2.
Market estimates & forecast, by region, 2014-2025, (USD
Billion) (Billion Units)
10.
LED
Lightings Market, By Region
10.1.
Key Regional Trends
10.2.
North America
10.2.1.
Market estimates & forecast, 2014-2025, (USD Billion)
(Billion Units)
10.2.2.
Market estimates & forecast, by Product, 2014-2025, (USD
Billion) (Billion Units)
10.2.3.
Market estimates & forecast by End-Use Industry,
2014-2025, (USD Billion) (Billion Units)
10.2.4.
Market estimates & forecast by Application, 2014-2025,
(USD Billion) (Billion Units)
10.2.5.
Market estimates & forecast by Distribution Channel,
2014-2025, (USD Billion) (Billion Units)
10.2.6.
Market estimates & forecast, by country, 2014-2025, (USD
Billion) (Billion Units)
10.2.7.
U.S.
10.2.7.1. Market
estimates & forecast, 2014-2025, (USD Billion) (Billion Units)
10.2.7.2. Market
estimates & forecast, by Product , 2014-2025,
(USD Billion) (Billion Units)
10.2.7.3. Market
estimates & forecast by End-Use Industry, 2014-2025, (USD Billion)
(Billion Units)
10.2.7.4. Market
estimates & forecast by Application, 2014-2025, (USD Billion)
(Billion Units)
10.2.7.5. Market
estimates & forecast by Distribution Channel, 2014-2025, (USD
Billion) (Billion Units)
10.2.8.
Canada
10.2.8.1. Market
estimates & forecast, 2014-2025, (USD Billion) (Billion Units)
10.2.8.2. Market
estimates & forecast, by Product , 2014-2025,
(USD Billion) (Billion Units)
10.2.8.3. Market
estimates & forecast by End-Use Industry, 2014-2025, (USD Billion)
(Billion Units)
10.2.8.4. Market
estimates & forecast by Application, 2014-2025, (USD Billion)
(Billion Units)
10.2.8.5. Market
estimates & forecast by Distribution Channel, 2014-2025, (USD
Billion) (Billion Units)
10.2.9.
Rest of North America
10.2.9.1. Market
estimates & forecast, 2014-2025, (USD Billion) (Billion Units)
10.2.9.2. Market
estimates & forecast, by Product , 2014-2025,
(USD Billion) (Billion Units)
10.2.9.3. Market
estimates & forecast by End-Use Industry, 2014-2025, (USD Billion)
(Billion Units)
10.2.9.4. Market
estimates & forecast by Application, 2014-2025, (USD Billion)
(Billion Units)
10.2.9.5. Market
estimates & forecast by Distribution Channel, 2014-2025, (USD
Billion) (Billion Units)
10.3.
Europe
10.3.1.
Market estimates & forecast, 2014-2025, (USD Billion)
(Billion Units)
10.3.2.
Market estimates & forecast, by Product , 2014-2025, (USD Billion) (Billion
Units)
10.3.3.
Market estimates & forecast by End-Use Industry,
2014-2025, (USD Billion) (Billion Units)
10.3.4.
Market estimates & forecast by Application, 2014-2025,
(USD Billion) (Billion Units)
10.3.5.
Market estimates & forecast by Distribution Channel,
2014-2025, (USD Billion) (Billion Units)
10.3.6.
Market estimates & forecast, by country, 2014-2025, (USD
Billion) (Billion Units)
10.3.7.
UK
10.3.7.1. Market
estimates & forecast, 2014-2025, (USD Billion) (Billion Units)
10.3.7.2. Market
estimates & forecast, by Product , 2014-2025,
(USD Billion) (Billion Units)
10.3.7.3. Market
estimates & forecast by End-Use Industry, 2014-2025, (USD Billion)
(Billion Units)
10.3.7.4. Market
estimates & forecast by Application, 2014-2025, (USD Billion)
(Billion Units)
10.3.7.5. Market
estimates & forecast by Distribution Channel, 2014-2025, (USD
Billion) (Billion Units)
10.3.8.
France
10.3.8.1. Market
estimates & forecast, 2014-2025, (USD Billion) (Billion Units)
10.3.8.2. Market
estimates & forecast, by Product , 2014-2025,
(USD Billion) (Billion Units)
10.3.8.3. Market
estimates & forecast by End-Use Industry, 2014-2025, (USD Billion)
(Billion Units)
10.3.8.4. Market
estimates & forecast by Application, 2014-2025, (USD Billion)
(Billion Units)
10.3.8.5. Market
estimates & forecast by Distribution Channel, 2014-2025, (USD
Billion) (Billion Units)
10.3.9.
Germany
10.3.9.1. Market
estimates & forecast, 2014-2025, (USD Billion) (Billion Units)
10.3.9.2. Market
estimates & forecast, by Product , 2014-2025,
(USD Billion) (Billion Units)
10.3.9.3. Market
estimates & forecast by End-Use Industry, 2014-2025, (USD Billion)
(Billion Units)
10.3.9.4. Market
estimates & forecast by Application, 2014-2025, (USD Billion)
(Billion Units)
10.3.9.5. Market
estimates & forecast by Distribution Channel, 2014-2025, (USD
Billion) (Billion Units)
10.3.10.
Russia
10.3.10.1. Market
estimates & forecast, 2014-2025, (USD Billion) (Billion Units)
10.3.10.2. Market
estimates & forecast, by Product , 2014-2025,
(USD Billion) (Billion Units)
10.3.10.3. Market
estimates & forecast by End-Use Industry, 2014-2025, (USD Billion)
(Billion Units)
10.3.10.4. Market
estimates & forecast by Application, 2014-2025, (USD Billion)
(Billion Units)
10.3.10.5. Market
estimates & forecast by Distribution Channel, 2014-2025, (USD
Billion) (Billion Units)
10.3.11.
Rest of Europe
10.3.11.1. Market
estimates & forecast, 2014-2025, (USD Billion) (Billion Units)
10.3.11.2. Market
estimates & forecast, by Product , 2014-2025,
(USD Billion) (Billion Units)
10.3.11.3. Market
estimates & forecast by End-Use Industry, 2014-2025, (USD Billion)
(Billion Units)
10.3.11.4. Market
estimates & forecast by Application, 2014-2025, (USD Billion)
(Billion Units)
10.3.11.5. Market
estimates & forecast by Distribution Channel, 2014-2025, (USD
Billion) (Billion Units)
10.4.
Asia Pacific
10.4.1.
Market estimates & forecast, 2014-2025, (USD Billion)
(Billion Units)
10.4.2.
Market estimates & forecast, by Product , 2014-2025, (USD Billion) (Billion
Units)
10.4.3.
Market estimates & forecast by End-Use Industry,
2014-2025, (USD Billion) (Billion Units)
10.4.4.
Market estimates & forecast by Application, 2014-2025,
(USD Billion) (Billion Units)
10.4.5.
Market estimates & forecast by Distribution Channel,
2014-2025, (USD Billion) (Billion Units)
10.4.6.
Market estimates & forecast, by country, 2014-2025, (USD
Billion) (Billion Units)
10.4.7.
China
10.4.7.1. Market
estimates & forecast, 2014-2025, (USD Billion) (Billion Units)
10.4.7.2. Market
estimates & forecast, by Product , 2014-2025, (USD Billion) (Billion
Units)
10.4.7.3. Market
estimates & forecast by End-Use Industry, 2014-2025, (USD Billion)
(Billion Units)
10.4.7.4. Market
estimates & forecast by Application, 2014-2025, (USD Billion)
(Billion Units)
10.4.7.5. Market
estimates & forecast by Distribution Channel, 2014-2025, (USD
Billion) (Billion Units)
10.4.8.
India
10.4.8.1. Market
estimates & forecast, 2014-2025, (USD Billion) (Billion Units)
10.4.8.2. Market
estimates & forecast, by Product , 2014-2025, (USD Billion) (Billion
Units)
10.4.8.3. Market
estimates & forecast by End-Use Industry, 2014-2025, (USD Billion)
(Billion Units)
10.4.8.4. Market
estimates & forecast by Application, 2014-2025, (USD Billion)
(Billion Units)
10.4.8.5. Market
estimates & forecast by Distribution Channel, 2014-2025, (USD
Billion) (Billion Units)
10.4.9.
Japan
10.4.9.1. Market
estimates & forecast, 2014-2025, (USD Billion) (Billion Units)
10.4.9.2. Market
estimates & forecast, by Product , 2014-2025, (USD Billion) (Billion
Units)
10.4.9.3. Market
estimates & forecast by End-Use Industry, 2014-2025, (USD Billion)
(Billion Units)
10.4.9.4. Market
estimates & forecast by Application, 2014-2025, (USD Billion)
(Billion Units)
10.4.9.5. Market
estimates & forecast by Distribution Channel, 2014-2025, (USD
Billion) (Billion Units)
10.4.10.
South Korea
10.4.10.1. Market
estimates & forecast, 2014-2025, (USD Billion) (Billion Units)
10.4.10.2. Market
estimates & forecast, by Product , 2014-2025, (USD Billion) (Billion
Units)
10.4.10.3. Market
estimates & forecast by End-Use Industry, 2014-2025, (USD Billion)
(Billion Units)
10.4.10.4. Market
estimates & forecast by Application, 2014-2025, (USD Billion)
(Billion Units)
10.4.10.5. Market
estimates & forecast by Distribution Channel, 2014-2025, (USD
Billion) (Billion Units)
10.4.11.
Australia
10.4.11.1. Market
estimates & forecast, 2014-2025, (USD Billion) (Billion Units)
10.4.11.2. Market
estimates & forecast, by Product , 2014-2025, (USD Billion) (Billion
Units)
10.4.11.3. Market
estimates & forecast by End-Use Industry, 2014-2025, (USD Billion)
(Billion Units)
10.4.11.4. Market
estimates & forecast by Application, 2014-2025, (USD Billion)
(Billion Units)
10.4.11.5. Market
estimates & forecast by Distribution Channel, 2014-2025, (USD
Billion) (Billion Units)
10.4.12.
Rest of Asia Pacific
10.4.12.1. Market
estimates & forecast, 2014-2025, (USD Billion) (Billion Units)
10.4.12.2. Market
estimates & forecast, by Product , 2014-2025, (USD Billion) (Billion
Units)
10.4.12.3. Market
estimates & forecast by End-Use Industry, 2014-2025, (USD Billion)
(Billion Units)
10.4.12.4. Market
estimates & forecast by Application, 2014-2025, (USD Billion)
(Billion Units)
10.4.12.5. Market
estimates & forecast by Distribution Channel, 2014-2025, (USD
Billion) (Billion Units)
10.5.
LATAM
10.5.1.
Market estimates & forecast, 2014-2025, (USD Billion)
(Billion Units)
10.5.2.
Market estimates & forecast, by Product , 2014-2025,
(USD Billion) (Billion Units)
10.5.3.
Market estimates & forecast by End-Use Industry,
2014-2025, (USD Billion) (Billion Units)
10.5.4.
Market estimates & forecast by Application, 2014-2025,
(USD Billion) (Billion Units)
10.5.5.
Market estimates & forecast by Distribution Channel,
2014-2025, (USD Billion) (Billion Units)
10.5.6.
Market estimates & forecast, by country, 2014-2025, (USD
Billion) (Billion Units)
10.5.7.
Argentina
10.5.7.1. Market
estimates & forecast, 2014-2025, (USD Billion) (Billion Units)
10.5.7.2. Market
estimates & forecast, by Product , 2014-2025, (USD Billion) (Billion
Units)
10.5.7.3. Market
estimates & forecast by End-Use Industry, 2014-2025, (USD Billion)
(Billion Units)
10.5.7.4. Market
estimates & forecast by Application, 2014-2025, (USD Billion)
(Billion Units)
10.5.7.5. Market
estimates & forecast by Distribution Channel, 2014-2025, (USD
Billion) (Billion Units)
10.5.8.
Brazil
10.5.8.1. Market
estimates & forecast, 2014-2025, (USD Billion) (Billion Units)
10.5.8.2. Market
estimates & forecast, by Product , 2014-2025, (USD Billion) (Billion
Units)
10.5.8.3. Market
estimates & forecast by End-Use Industry, 2014-2025, (USD Billion)
(Billion Units)
10.5.8.4. Market
estimates & forecast by Application, 2014-2025, (USD Billion)
(Billion Units)
10.5.8.5. Market
estimates & forecast by Distribution Channel, 2014-2025, (USD
Billion) (Billion Units)
10.5.9.
Mexico
10.5.9.1. Market
estimates & forecast, 2014-2025, (USD Billion) (Billion Units)
10.5.9.2. Market
estimates & forecast, by Product , 2014-2025, (USD Billion) (Billion
Units)
10.5.9.3. Market
estimates & forecast by End-Use Industry, 2014-2025, (USD Billion)
(Billion Units)
10.5.9.4. Market
estimates & forecast by Application, 2014-2025, (USD Billion)
(Billion Units)
10.5.9.5. Market
estimates & forecast by Distribution Channel, 2014-2025, (USD
Billion) (Billion Units)
10.5.10.
Rest of LATAM
10.5.10.1. Market
estimates & forecast, 2014-2025, (USD Billion) (Billion Units)
10.5.10.2. Market
estimates & forecast, by Product , 2014-2025, (USD Billion) (Billion
Units)
10.5.10.3. Market
estimates & forecast by End-Use Industry, 2014-2025, (USD Billion)
(Billion Units)
10.5.10.4. Market
estimates & forecast by Application, 2014-2025, (USD Billion) (Billion
Units)
10.5.10.5. Market
estimates & forecast by Distribution Channel, 2014-2025, (USD
Billion) (Billion Units)
10.6.
Middle East & Africa (MEA)
10.6.1.
Market estimates & forecast, 2014-2025, (USD Billion)
(Billion Units)
10.6.2.
Market estimates & forecast, by Product , 2014-2025,
(USD Billion) (Billion Units)
10.6.3.
Market estimates & forecast by End-Use Industry,
2014-2025, (USD Billion) (Billion Units)
10.6.4.
Market estimates & forecast by Application, 2014-2025,
(USD Billion) (Billion Units)
10.6.5.
Market estimates & forecast by Distribution Channel,
2014-2025, (USD Billion) (Billion Units)
10.6.6.
Market estimates & forecast, by country, 2014-2025, (USD
Billion) (Billion Units)
10.6.7.
U.A.E.
10.6.7.1. Market
estimates & forecast, 2014-2025, (USD Billion) (Billion Units)
10.6.7.2. Market
estimates & forecast, by Product , 2014-2025, (USD Billion) (Billion
Units)
10.6.7.3. Market
estimates & forecast by End-Use Industry, 2014-2025, (USD Billion)
(Billion Units)
10.6.7.4. Market
estimates & forecast by Application, 2014-2025, (USD Billion)
(Billion Units)
10.6.7.5. Market
estimates & forecast by Distribution Channel, 2014-2025, (USD
Billion) (Billion Units)
10.6.8.
Saudi Arabia
10.6.8.1. Market
estimates & forecast, 2014-2025, (USD Billion) (Billion Units)
10.6.8.2. Market
estimates & forecast, by Product , 2014-2025, (USD Billion) (Billion
Units)
10.6.8.3. Market
estimates & forecast by End-Use Industry, 2014-2025, (USD Billion)
(Billion Units)
10.6.8.4. Market
estimates & forecast by Application, 2014-2025, (USD Billion)
(Billion Units)
10.6.8.5. Market
estimates & forecast by Distribution Channel, 2014-2025, (USD
Billion) (Billion Units)
10.6.9.
South Africa
10.6.9.1. Market
estimates & forecast, 2014-2025, (USD Billion) (Billion Units)
10.6.9.2. Market
estimates & forecast, by Product , 2014-2025, (USD Billion) (Billion
Units)
10.6.9.3. Market
estimates & forecast by End-Use Industry, 2014-2025, (USD Billion)
(Billion Units)
10.6.9.4. Market
estimates & forecast by Application, 2014-2025, (USD Billion)
(Billion Units)
10.6.9.5. Market
estimates & forecast by Distribution Channel, 2014-2025, (USD
Billion) (Billion Units)
10.6.10.
Rest of MEA
10.6.10.1. Market
estimates & forecast, 2014-2025, (USD Billion) (Billion Units)
10.6.10.2. Market
estimates & forecast, by Product , 2014-2025, (USD Billion) (Billion
Units)
10.6.10.3. Market
estimates & forecast by End-Use Industry, 2014-2025, (USD Billion)
(Billion Units)
10.6.10.4. Market
estimates & forecast by Application, 2014-2025, (USD Billion)
(Billion Units)
10.6.10.5. Market
estimates & forecast by Distribution Channel, 2014-2025, (USD
Billion) (Billion Units)
11.
Company
Profile
11.1.
SAMSUNG ELECTRONICS CO. LTD.
11.1.1.
Company Overview
11.1.2.
Financial Matrix
11.1.3.
Key Product landscape
11.1.4.
Key Personnel
11.1.5.
Key Competitors
11.1.6.
Contact Address
11.1.7.
SWOT Analysis
11.1.8.
Strategic Outlook
11.2.
Cree, Inc.
11.2.1.
Company Overview
11.2.2.
Financial Matrix
11.2.3.
Key Product landscape
11.2.4.
Key Personnel
11.2.5.
Key Competitors
11.2.6.
Contact Address
11.2.7.
SWOT Analysis
11.2.8.
Strategic Outlook
11.3.
LUMILEDS HOLDING B.V.
11.3.1.
Company Overview
11.3.2.
Financial Matrix
11.3.3.
Key Product landscape
11.3.4.
Key Personnel
11.3.5.
Key Competitors
11.3.6.
Contact Address
11.3.7.
SWOT Analysis
11.3.8.
Strategic Outlook
11.4.
SEOUL SEMICONDUCTOR CO. LTD.
11.4.1.
Company Overview
11.4.2.
Financial Matrix
11.4.3.
Key Product landscape
11.4.4.
Key Personnel
11.4.5.
Key Competitors
11.4.6.
Contact Address
11.4.7.
SWOT Analysis
11.4.8.
Strategic Outlook
11.5.
OSRAM LICHT AG
11.5.1.
Company Overview
11.5.2.
Financial Matrix
11.5.3.
Key Product landscape
11.5.4.
Key Personnel
11.5.5.
Key Competitors
11.5.6.
Contact Address
11.5.7.
SWOT Analysis
11.5.8.
Strategic Outlook
11.6.
Koninklijke Philips N.V.
11.6.1.
Company Overview
11.6.2.
Financial Matrix
11.6.3.
Key Product landscape
11.6.4.
Key Personnel
11.6.5.
Key Competitors
11.6.6.
Contact Address
11.6.7.
SWOT Analysis
11.6.8.
Strategic Outlook
11.7.
LG INNOTEK CO. LTD
11.7.1.
Company Overview
11.7.2.
Financial Matrix
11.7.3.
Key Product landscape
11.7.4.
Key Personnel
11.7.5.
Key Competitors
11.7.6.
Contact Address
11.7.7.
SWOT Analysis
11.7.8.
Strategic Outlook
11.8.
GENERAL ELECTRIC COMPANY (GE LIGHTING SOLUTIONS)
11.8.1.
Company Overview
11.8.2.
Financial Matrix
11.8.3.
Key Product landscape
11.8.4.
Key Personnel
11.8.5.
Key Competitors
11.8.6.
Contact Address
11.8.7.
SWOT Analysis
11.8.8.
Strategic Outlook
11.9.
EVERLIGHT ELECTRONICS CO., LTD.
11.9.1.
Company Overview
11.9.2.
Financial Matrix
11.9.3.
Key Product landscape
11.9.4.
Key Personnel
11.9.5.
Key Competitors
11.9.6.
Contact Address
11.9.7.
SWOT Analysis
11.9.8.
Strategic Outlook
11.10.
LUMENS CO., LTD.
11.10.1.
Company Overview
11.10.2.
Financial Matrix
11.10.3.
Key Product landscape
11.10.4.
Key Personnel
11.10.5.
Key Competitors
11.10.6.
Contact Address
11.10.7.
SWOT Analysis
11.10.8.
Strategic Outlook
11.11.
Bajaj Electricals Limited
11.11.1.
Company Overview
11.11.2.
Financial Matrix
11.11.3.
Key Product landscape
11.11.4.
Key Personnel
11.11.5.
Key Competitors
11.11.6.
Contact Address
11.11.7.
SWOT Analysis
11.11.8.
Strategic Outlook
11.12.
NICHIA CORPORATION
11.12.1.
Company Overview
11.12.2.
Financial Matrix
11.12.3.
Key Product landscape
11.12.4.
Key Personnel
11.12.5.
Key Competitors
11.12.6.
Contact Address
11.12.7.
SWOT Analysis
11.12.8.
Strategic Outlook
11.13.
Syska LED Lights Pvt. Ltd.
11.13.1.
Company Overview
11.13.2.
Financial Matrix
11.13.3.
Key Product landscape
11.13.4.
Key Personnel
11.13.5.
Key Competitors
11.13.6.
Contact Address
11.13.7.
SWOT Analysis
11.13.8.
Strategic Outlook
11.14.
Zumtobel Group AG
11.14.1.
Company Overview
11.14.2.
Financial Matrix
11.14.3.
Key Product landscape
11.14.4.
Key Personnel
11.14.5.
Key Competitors
11.14.6.
Contact Address
11.14.7.
SWOT Analysis
11.14.8.
Strategic Outlook
11.15.
Dialight Plc
11.15.1.
Company Overview
11.15.2.
Financial Matrix
11.15.3.
Key Product landscape
11.15.4.
Key Personnel
11.15.5.
Key Competitors
11.15.6.
Contact Address
11.15.7.
SWOT Analysis
11.15.8.
Strategic Outlook
LIST OF FIGURES:
Fig 1 Global LED Lighting Segmentation
Fig 2 Global LED Lighting Market Revenue Analysis in USD Mn
Fig 3 Global LED Lighting Market Share Analysis by Region, 2017
Fig 4 Global LED Lighting Market Ecosystem Analysis
Fig 5 LED Lights Average Selling Price Trends (USD/Units), 2014-2025
Fig 6 Electric consumption (kWh per capita)
Fig 7 Europe Percentage Share of Electricity consumption in the residential sector (2016)
Fig 8 Watt Equivalent LED Ramp Retail Price, USD (2015-2017)
Fig 9 Commercial lamp falling sales revenue by technology (USD Million)
Fig 10 Company Market Share, 2017
Fig 11 Growth Potential Analysis, By Product (2017)
Fig 12 Growth Potential Analysis, By Region (2017)
Fig 13 Porters Five Forces Analysis
Fig 14 Global LED Lighting Market Size, By Value (USD Billion)
Fig 15 Global LED Lighting Market Size, By Volume (Billion Units)
Fig 16 Number of smart city projects worldwide in 2017, by region
Fig 17 Global LCD TV manufacturing market share (%)
Fig 18 Global LED Lighting Market Share (%), By Product Types, By Value
Fig 19 Global LED Lighting Market Share (%), By End-Use Industry, By Value
Fig 20 Global LED Lighting Market Share (%), By Application, By Value
Fig 21 Global LED Lighting Market Share (%), By Distribution Channel, By Value
Fig 22 Global LED Lighting Market Size, By Region, By Value, 2014-2025F
Fig 23 Global LED Lighting Market Size, By LED Bulbs, By Value (USD Billion)
Fig 24 Global LED Lighting Market Size, By LED Bulbs, By Volume (Billion Units)
Fig 25 Global LED Lighting Market Size, By LED Fixture, By Value (USD Billion)
Fig 26 Global LED Lighting Market Size, By LED Fixtures, By Volume (Billion Units)
Fig 27 Global LED Lighting Market Size, By Bare LED Tubes, By Value (USD Billion)
Fig 28 Global LED Lighting Market Size, By Bare LED Tubes, By Volume (Billion Units)
Fig 29 Global LED Lighting Market Size, By LED Downlights, By Value (USD Billion)
Fig 30 Global LED Lighting Market Size, By LED Downlights, By Volume (Billion Units)
Fig 31 Global LED Lighting Market Size, By Others, By Value (USD Billion)
Fig 32 Global LED Lighting Market Size, By Others, By Volume (Billion Units)
Fig 33 Global LED Lighting Market Size, By Residential, By Value (USD Billion)
Fig 34 Global LED Lighting Market Size, By Residential, By Volume (Billion Units)
Fig 35 Global LED Lighting Market Size, By commercial, By Value (USD Billion)
Fig 36 Global LED Lighting Market Size, By Commercial, By Volume (Billion Units)
Fig 37 Global LED Lighting Market Size, By Industrial, By Value (USD Billion)
Fig 38 Global LED Lighting Market Size, By Industrial, By Volume (Billion Units)
Fig 39 Global LED Lighting Market Size, By Outdoor, By Value (USD Billion)
Fig 40 Global LED Lighting Market Size, By Outdoor, By Volume (Billion Units)
Fig 41 Global LED Lighting Market Size, By Indoor, By Value (USD Billion)
Fig 42 Global LED Lighting Market Size, By Indoor, By Volume (Billion Units)
Fig 43 Global LED Lighting Market Size, By Backlight, By Value (USD Billion)
Fig 44 Global LED Lighting Market Size, By Backlight, By Volume (Billion Units)
Fig 45 Global LED Lighting Market Size, By Automotive, By Value (USD Billion)
Fig 46 Global LED Lighting Market Size, By Automotive, By Volume (Billion Units)
Fig 47 Global LED Lighting Market Size, By Others, By Value (USD Billion)
Fig 48 Global LED Lighting Market Size, By Others, By Volume (Billion Units)
Fig 49 Global LED Lighting Market Size, By Retail Distributors, By Value (USD Billion)
Fig 50 Global LED Lighting Market Size, By Retail Distributors, By Volume (Billion Units)
Fig 51 Global LED Lighting Market Size, By Online Suppliers, By Value (USD Billion)
Fig 52 Global LED Lighting Market Size, By Online Suppliers, By Volume (Billion Units)
Fig 53 North America LED Lighting Market Size, By Value (USD Billion), 2014-2025F
Fig 54 North America LED Lighting Market Size, By Value (USD Billion), 2014-2025F
Fig 55 North America LED Lighting Market Size & Forecast, By Product, By Value (USD Billion), 2014-2025F
Fig 56 North America LED Lighting Market Size & Forecast, By Product, By Volume (Billion Units), 2014-2025F
Fig 57 North America LED Lighting Market Size & Forecast, By End Use Industry, By Value (USD Billion), 2014-2025F
Fig 58 North America LED Lighting Market Size & Forecast, By End Use Industry, By Volume (Billion Units), 2014-2025F
Fig 59 North America LED Lighting Market Size & Forecast, By Application, By Value (USD Billion), 2014-2025F
Fig 60 North America LED Lighting Market Size & Forecast, By Application, By Volume (Billion Units), 2014-2025F
Fig 61 North America LED Lighting Market Size & Forecast, By Distribution Channel, By Value (USD Billion), 2014-2025F
Fig 62 North America LED Lighting Market Size & Forecast, By Distribution Channel, By Volume (Billion Units), 2014-2025F
Fig 63 Europe LED Lighting Market Size, By Value (USD Billion), 2014-2025F
Fig 64 Europe LED Lighting Market Size, By Value (USD Billion), 2014-2025F
Fig 65 Europe LED Lighting Market Size & Forecast, By Product, By Value (USD Billion), 2014-2025F
Fig 66 Europe LED Lighting Market Size & Forecast, By Product, By Volume (Billion Units), 2014-2025F
Fig 67 Europe LED Lighting Market Size & Forecast, By End Use Industry, By Value (USD Billion), 2014-2025F
Fig 68 Europe LED Lighting Market Size & Forecast, By End Use Industry, By Volume (Billion Units), 2014-2025F
Fig 69 Europe LED Lighting Market Size & Forecast, By Application, By Value (USD Billion), 2014-2025F
Fig 70 Europe LED Lighting Market Size & Forecast, By Application, By Volume (Billion Units), 2014-2025F
Fig 71 Europe LED Lighting Market Size & Forecast, By Distribution Channel, By Value (USD Billion), 2014-2025F
Fig 72 Europe LED Lighting Market Size & Forecast, By Distribution Channel, By Volume (Billion Units), 2014-2025F
Fig 73 Asia Pacific LED Lighting Market Size, By Value (USD Billion), 2014-2025F
Fig 74 Asia Pacific LED Lighting Market Size, By Value (USD Billion), 2014-2025F
Fig 75 Asia Pacific LED Lighting Market Size & Forecast, By Product, By Value (USD Billion), 2014-2025F
Fig 76 Asia Pacific LED Lighting Market Size & Forecast, By Product, By Volume (Billion Units), 2014-2025F
Fig 77 Asia Pacific LED Lighting Market Size & Forecast, By End Use Industry , By Value (USD Billion), 2014-2025F
Fig 78 Asia Pacific LED Lighting Market Size & Forecast, By End Use Industry, By Volume (Billion Units), 2014-2025F
Fig 79 Asia Pacific LED Lighting Market Size & Forecast, By Application, By Value (USD Billion), 2014-2025F
Fig 80 Asia Pacific LED Lighting Market Size & Forecast, By Application, By Volume (Billion Units), 2014-2025F
Fig 81 Asia Pacific LED Lighting Market Size & Forecast, By Distribution Channel, By Value (USD Billion), 2014-2025F
Fig 82 Asia Pacific LED Lighting Market Size & Forecast, By Distribution Channel, By Volume (Billion Units), 2014-2025F
Fig 83 Latin America LED Lighting Market Size, By Value (USD Billion), 2014-2025F
Fig 84 Latin America LED Lighting Market Size, By Value (USD Billion), 2014-2025F
Fig 85 Latin America LED Lighting Market Size & Forecast, By Product, By Value (USD Billion), 2014-2025F
Fig 86 Latin America LED Lighting Market Size & Forecast, By Product, By Volume (Billion Units), 2014-2025F
Fig 87 Latin America LED Lighting Market Size & Forecast, By End Use Industry, By Value (USD Billion), 2014-2025F
Fig 88 Latin America LED Lighting Market Size & Forecast, By End Use Industry, By Volume (Billion Units), 2014-2025F
Fig 89 Latin America LED Lighting Market Size & Forecast, By Application, By Value (USD Billion), 2014-2025F
Fig 90 Latin America LED Lighting Market Size & Forecast, By Application, By Volume (Billion Units), 2014-2025F
Fig 91 Latin America LED Lighting Market Size & Forecast, By Distribution Channel, By Value (USD Billion), 2014-2025F
Fig 92 Latin America LED Lighting Market Size & Forecast, By Distribution Channel, By Volume (Billion Units), 2014-2025F
Fig 93 Middle-East & Africa LED Lighting Market Size, By Value (USD Billion), 2014-2025F
Fig 94 Middle-East & Africa LED Lighting Market Size, By Value (USD Billion), 2014-2025F
Fig 95 Middle-East & Africa LED Lighting Market Size & Forecast, By Product, By Value (USD Billion), 2014-2025F
Fig 96 Middle-East & Africa LED Lighting Market Size & Forecast, By Product, By Volume (Billion Units), 2014-2025F
Fig 97 Middle-East & Africa LED Lighting Market Size & Forecast, By End Use Industry , By Value (USD Billion), 2014-2025F
Fig 98 Middle-East & Africa LED Lighting Market Size & Forecast, By End Use Industry, By Volume (Billion Units), 2014-2025F
Fig 99 Middle-East & Africa LED Lighting Market Size & Forecast, By Application, By Value (USD Billion), 2014-2025F
Fig 100 Middle-East & Africa LED Lighting Market Size & Forecast, By Application, By Volume (Billion Units), 2014-2025F
Fig 101 Middle-East & Africa LED Lighting Market Size & Forecast, By Distribution Channel, By Value (USD Billion), 2014-2025F
Fig 102 Middle-East & Africa LED Lighting Market Size & Forecast, By Distribution Channel, By Volume (Billion Units), 2014-2025F
LIST OF TABLES:
Table 1 Global LED Lighting Market: Vendor Matrix
Table 2 Global LED Lighting Market Size & Forecast, By LED Bulbs, By Region, By Value (USD Billion), 2014-2025F
Table 3 Global LED Lighting Market Size & Forecast, By LED Bulbs, By Region, By Volume (Billion Units), 2014-2025F
Table 4 Global LED Lighting Market Size & Forecast, By LED Fixtures, By Region, By Value (USD Billion), 2014-2025F
Table 5 Global LED Lighting Market Size & Forecast, By LED Fixtures, By Region, By Volume (Billion Units), 2014-2025F
Table 6 Global LED Lighting Market Size & Forecast, By Bare LED Tubes, By Region, By Value (USD Billion), 2014-2025F
Table 7 Global LED Lighting Market Size & Forecast, By Bare LED Tubes, By Region, By Volume (Billion Units), 2014-2025F
Table 8 Global LED Lighting Market Size & Forecast, By LED Downlights, By Region, By Value (USD Billion), 2014-2025F
Table 9 Global LED Lighting Market Size & Forecast, By LED Downlights, By Region, By Volume (Billion Units), 2014-2025F
Table 10 Global LED Lighting Market Size & Forecast, By Others, By Region, By Value (USD Billion), 2014-2025F
Table 11 Global LED Lighting Market Size & Forecast, By Others, By Region, By Volume (Billion Units), 2014-2025F
Table 12 Global LED Lighting Market Size & Forecast, By Residential, By Region, By Value (USD Billion), 2014-2025F
Table 13 Global LED Lighting Market Size & Forecast, By Residential, By Region, By Volume (Billion Units), 2014-2025F
Table 14 Global LED Lighting Market Size & Forecast, By Commercial, By Region, By Value (USD Billion), 2014-2025F
Table 15 Global LED Lighting Market Size & Forecast, By Commercial, By Region, By Volume (Billion Units), 2014-2025F
Table 16 Global LED Lighting Market Size & Forecast, By Industrial, By Region, By Value (USD Billion), 2014-2025F
Table 17 Global LED Lighting Market Size & Forecast, By Industrial, By Region, By Volume (Billion Units), 2014-2025F
Table 18 Global LED Lighting Market Size & Forecast, By Outdoor, By Region, By Value (USD Billion), 2014-2025F
Table 19 Global LED Lighting Market Size & Forecast, By Outdoor, By Region, By Volume (Billion Units), 2014-2025F
Table 20 Global LED Lighting Market Size & Forecast, By Indoor, By Region, By Value (USD Billion), 2014-2025F
Table 21 Global LED Lighting Market Size & Forecast, By Indoor, By Region, By Volume (Billion Units), 2014-2025F
Table 22 Global LED Lighting Market Size & Forecast, By Backlight, By Region, By Value (USD Billion), 2014-2025F
Table 23 Global LED Lighting Market Size & Forecast, By Backlight, By Region, By Volume (Billion Units), 2014-2025F
Table 24 Global LED Lighting Market Size & Forecast, By Automotive, By Region, By Value (USD Billion), 2014-2025F
Table 25 Global LED Lighting Market Size & Forecast, By Automotive, By Region, By Volume (Billion Units), 2014-2025F
Table 26 Global LED Lighting Market Size & Forecast, By Others, By Region, By Value (USD Billion), 2014-2025F
Table 27 Global LED Lighting Market Size & Forecast, By Others, By Region, By Volume (Billion Units), 2014-2025F
Table 28 Global LED Lighting Market Size & Forecast, By Retail Distributors, By Region, By Value (USD Billion), 2014-2025F
Table 29 Global LED Lighting Market Size & Forecast, By Retail Distributors, By Region, By Volume (Billion Units), 2014-2025F
Table 30 Global LED Lighting Market Size & Forecast, By Online Suppliers, By Region, By Value (USD Billion), 2014-2025F
Table 31 Global LED Lighting Market Size & Forecast, By Online Suppliers, By Region, By Volume (Billion Units), 2014-2025F
Table 32 North America LED Lighting Market Size & Forecast, By Country, By Value (USD Billion), 2014-2025F
Table 33 North America LED Lighting Market Size & Forecast, By Country, By Volume (Billion Units), 2014-2025F
Table 34 Europe LED Lighting Market Size & Forecast, By Country, By Value (USD Billion), 2014-2025F
Table 35 Europe LED Lighting Market Size & Forecast, By Country, By Volume (Billion Units), 2014-2025F
Table 36 Asia Pacific LED Lighting Market Size & Forecast, By Country, By Value (USD Billion), 2014-2025F
Table 37 Asia Pacific LED Lighting Market Size & Forecast, By Country, By Volume (Billion Units), 2014-2025F
Table 38 Latin America LED Lighting Market Size & Forecast, By Country, By Value (USD Billion), 2014-2025F
Table 39 Latin America LED Lighting Market Size & Forecast, By Country, By Volume (Billion Units), 2014-2025F
Table 40 Middle-East & Africa LED Lighting Market Size & Forecast, By Country, By Value (USD Billion), 2014-2025F
Table 41 Middle-East & Africa LED Lighting Market Size & Forecast, By Country, By Volume (Billion Units), 2014-2025F
1. Research Methodology
2. Regional Split of Primary & Secondary Research
3. Secondary Research
The research process began with obtaining historical market sizes of the entire LED lighting market and the share of each type of segmentation, through exhaustive secondary research to understand the potential of the market under the prevailing market environment during the past years. The growth rate of the market and its segments was studied with a comparative approach to understand the impact of factors that shaped the market during the recent past.
The next step involved the study of present market environment that is influencing the LED lighting market and its expected long-term impact. Weightage was given to several forces that are expected to affect the LED lighting market, during the forecast period. Based on the interim analysis, the market numbers were formulated for each of the forecast years for every segment.
4. Primary Research
Various industry experts including CEOs, presidents, vice presidents, directors, sales managers, products managers, organization executives and other key people of the global LED lighting market were interviewed. The third step involved validation of hypothesis through segmented primary research with the key opinion leaders in the industry, including the company representatives, experts from distributer agencies, service providers and other industry experts. The primary research helped in assessing the gathered and assumed data with the real-time experience of industry representatives. This also led to modification in certain assumptions that were taken during the process of preliminary research. The analysts arrived at solid data points after the completion of primary research process.
In the fourth step, the market engineering was conducted, where the data points collected through secondary and primary sources were compiled to compute the final market sizes.
4.1 Breakdown of Primary Research Respondents, By Industry Participants
5. Market Size Estimation
Top-down approach has been followed to obtain the market size by country. Bottom-Up approach has been followed to obtain market size by product type and by end-user.
An amalgamation of bottom-up and top-down approach has been performed to determine the revenue.
6. Assumptions for the Study
- The macro-economic factors would remain same during the forecast period.
- The market players would exhibit consistent performance during the forecast period without having any adverse ripple effects on the industry.
7. Market Breakdown & Data Triangulation
