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The report comprises a detailed value chain analysis, which provides a comprehensive view of the global light engine market. Porter’s five forces model for the light engine market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein end-users are benchmarked based on their market size, growth rate, and general attractiveness.
Based on application, the residential segment is foreseen to increase the revenue by the end of forecast period, due to rise in urbanization and increase in number of smart cities across the globe. Thus, increased adoption of LED lighting in residential segment is a propelling factor behind the high demands.
Market Analysis and Insights: Global Light Engine Market
The global Light Engine market is valued at US$ 26350 million in 2019. The market size will reach US$ 38370 million by the end of 2026, growing at a CAGR of 5.4% during 2021-2026.
Global Light Engine Scope and Segment
Light Engine market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Light Engine market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Linear Type
Round Type
Others
Segment by Application
Residential
Commercial
Industrial
Others
By Company
OSRAM Licht Group
Philips Lighting Holdings
Fulham
MaxLite
Tridonic
General Electric
Fusion Optix
Thomas Research Products
Cree
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Based on application, the residential segment is foreseen to increase the revenue by the end of forecast period, due to rise in urbanization and increase in number of smart cities across the globe. Thus, increased adoption of LED lighting in residential segment is a propelling factor behind the high demands.
Market Analysis and Insights: Global Light Engine Market
The global Light Engine market is valued at US$ 26350 million in 2019. The market size will reach US$ 38370 million by the end of 2026, growing at a CAGR of 5.4% during 2021-2026.
Global Light Engine Scope and Segment
Light Engine market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Light Engine market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Linear Type
Round Type
Others
Segment by Application
Residential
Commercial
Industrial
Others
By Company
OSRAM Licht Group
Philips Lighting Holdings
Fulham
MaxLite
Tridonic
General Electric
Fusion Optix
Thomas Research Products
Cree
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
