Global Office LED Lamps Market Overview:
LED lamp also known as the LED light bulb is an electric device that produces visible light from electric current. The lifespan for LED lamp is many a time longer than equivalent incandescent lamps and are more efficient than a fluorescent lamp. Several companies and traders are driven by the commercial sector and LED lights to influence them in making profit margins and enhanced efficiency to the transactions. LED lamps are widely used in office premise due to its various benefits such as high energy efficiency, durability & flexibility and environmentally friendly features. Some of the players profiled in the study are Samsung (South Korea), Phillips Lighting Holding B.V. (Netherlands), Cooper Industries Inc. (Ireland), General Electric Company (United States), Cree Inc. (United States), Sharp Corporation (Japan), Dialight plc (United Kingdom), Zumtobel Group AG (Austria), Virtual Extension (Israel) and OSRAM Licht AG (Germany).
On the basis of geography, the market of Office LED Lamps has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Growth Drivers
- Rise In Demand for LED Lighting Driven By the Modernization and Development of Infrastructure Such as Smart Cities
- Demand for Energy-Efficient Lighting
Influencing Trend
- Advancement in Lighting Technology
Restraints
- Lack of Awareness Regarding Payback Period and Installation Cost
- Strict Regulatory Policies Regarding Conventional Lighting and Energy
Opportunities
- Development of Wireless Technology for LED Lighting Systems
Challenges
- Lack of Common Open Standards
Key Market Developments:
On Sep 2018, energy intensive and inefficient halogen light bulbs will no longer be sold across the European Union. As a result of these rules, European consumers will be able to save on their household bills and, by addressing this at EU level. The halogen bulbs will be replaced by LED-lightbulbs, which due to innovation have become safer, more affordable, and more energy efficient. The new measures will not apply to products that are already on the shelves in stores, but only to place new products on the market.
Target Audience:
Component And Equipment Suppliers, Original Equipment Manufacturers (Oems), Component Integrators, Installers And Maintenance Service Providers, Original Design Manufacturers (Odms), Technology Providers and Research Organizations
Major Objectives Focused through this Study
To define, describe, and forecast the Global Office LED Lamps market on the basis of product [20W, 25W-30W, 30-50W and 50W] , application [Decoration and Lighting], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Office LED Lamps market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Office LED Lamps industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are IKEA, AXP Lighting, Wood Tomlinson, Sunshine lighting, Foshan lighting, Shanghai yaming, Pu Ears, Hong Photoelectric, HangKe photoelectric and Lion.
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Office LED Lamps market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.