Research and Markets (http://www.researchandmarkets.com/research/9lzjf5/global_led) has announced the addition of the LED Industrial Lighting Market - 2013 Report to their offering.
Global LED Industrial Lighting Market Expected To Grow At A CAGR Of 49 Percent Over The Period 2012-2016
The report provides an in-depth of the global LED industrial lighting market, covering the current market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Commenting on the report, an analyst from the researchers' team said: Globally, measures taken to control the usage and wastage of power have resulted in the adoption of LEDs for spotlight applications. Governments across the world are planning to replace street lights (that use halogen, incandescent, or fluorescent lamps) with LED lamps. Spotlight applications are common in stadiums, where heavy lighting systems are used; this is nowadays being replaced with LED lighting systems. Thus, the penetration of LEDs in spotlight applications is expected to account for considerable revenue in the Global LED Industrial Lighting market during the forecast period.
According to the report, one of the key factors driving the market is the increasing demand for power-efficient lighting in industries worldwide. Increasing concerns over the depletion of non-renewable sources of power and the need to minimize power consumption with a high demand for lighting in general are driving the demand for LEDs.
Further, the report states that the introduction of advanced LED products that have relatively longer lifespans than incandescent bulbs and CFLs is hampering the aftermarket and replacement sales of LED lamps.
Key Topics Covered
1. Executive Summary
2. List of Abbreviations
4. Research Methodology
5. Scope of the Report
6. Market Landscape
7. Geographical Segmentation
8. Vendor Landscape
9. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Key Vendor Analysis
16. Other Reports in this Series
- Cooper Industries
- Digital Lumens
- Emerson Electric
- Koninklijke Philips Electronics
For more information visit http://www.researchandmarkets.com/research/9lzjf5/global_led
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