“According to the supplement to the U4E Lighting Policy Guide, model regulation is a supplement to the UN Environment United for Efficiency (U4E) Lighting. Policy Guide Accelerating the Global Adoption of Energy-Efficient Lighting. It is intended for use by regulatory authorities in developing and emerging economies that are considering a legislative framework to promote energy-efficient lamps or those that have a legislative framework but have not yet developed regulations for energy-efficient lamps. The model regulation covers conventional consumer light bulbs, both non-directional and directional/spotlight bulbs. Moreover, this model regulation does not cover other light sources and equipment, such as linear lamps, outdoor street lighting, office and industrial lighting, and integrated LED luminaires.”
According the report, Emphasizing On Development of Energy-Efficient Lighting Systems
is one of the primary growth factors for the market. Emergence of Smart Lighting Solutions
is also expected to contribute significantly to the General Electric Lighting market. Overall, Residential
applications of General Electric Lighting, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global General Electric Lighting market identified that the demand is rising in many different parts of the world as "Emergence of Wireless Technology for General Electric Lighting
" Furthermore, some recent industry insights like "13th May 2019, Cree Inc., manufacturer of lighting LED sells its lighting Products business unit called Cree lighting to Ideal Industries, which produces electronic products such as meters, connectors, and others for telecommunications and electrical industry." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global General Electric Lighting market by Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the General Electric Lighting market and other related sub-markets covered in the study.
o Key & emerging players in the General Electric Lighting market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall General Electric Lighting market size is calculated using market estimation process, the General Electric Lighting market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global General Electric Lighting market size has been validated using both top-down and bottom-up approaches.