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(IT-NEWSWIRE.COM, March 03, 2017 ) Industrial Lighting Market, has been prepared based on an in-depth market analysis with inputs from industry experts.
The report covers the market landscape and its growth prospects over the coming years and discussion of the key vendors effective in this market. To calculate the market size, the report considers the revenue generated from the sales of Industrial Lighting globally.
For further information on this report, please visit- http://www.marketreportsworld.com/10294101
The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
Following Companies Are Key Players of the Industrial Lighting Market:
GE Lighting
Cree
LG Innotek
Philips
OSRAM
Panasonic
Schneider Electric
Other Prominent Vendors of Industrial Lighting Market Are:
Acuity Brands
Advanced Lighting Technologies
Bridgelux
Citizen Electronics
Eaton Lighting
Dialight
Kingsun LED Lighting
Energy Focus
Everlight Electronics
Intematix
LEEDARSON LIGHTING
Lemnis Lighting
Luminus Devices
Nichia
NVC Lighting Technology
Seoul Semiconductor
Toyoda Gosei
The market is seeing rapid advances in lighting technologies. For example, in the residential sector, incandescent, CFL, and halogen lighting technologies dominated the market in terms of revenue contribution in 2015. We expect that LEDs will emerge as the major revenue contributor in the residential sector during the forecast period. The technological transitions in the market are moving toward product enhancements aimed at better efficiency and power-saving capabilities. These technological transitions in the market will also force vendors to be more responsive to the technological needs of the customers.
Ask Sample PDF of Industrial Lighting Market Report @ http://www.marketreportsworld.com/enquiry/request-sample/10294101
According to the report, strong government support is one of the major factors driving the growth in the global industrial lighting market. The Chinese government is looking at reducing power generation from coal plants, expanding the nuclear power generation base, encouraging green technologies in all areas of manufacturing and promoting efficient lighting technologies to reduce power consumption. The government plans to provide subsidies to LED lighting manufacturers to scale up and encourage the production of innovating lighting solutions. All these government efforts are focusing on increasing the adoption of LEDs in the domestic market, which, in turn, will increase the growth prospects of the market during the forecast period.
Report also presents Geographical Segmentation analysis of Industrial Lighting Market of Americas, APAC, EMEA region.
For Any Query, Contact Our Expert @ http://www.marketreportsworld.com/enquiry/pre-order-enquiry/10294101
Further, the report states that a number of countries have passed stringent legislation for the use of energy-efficient technologies. The specifications and standards for LED lighting vary in different countries. As there is no single international standard for LED lighting, it acts as a hurdle for vendors as they need to qualify the standards for the countries where they want to do business. This prevents the vendors from entering the foreign markets. There is also a lack of industry-wide dimming standards for LED lighting. This can adversely affect the adoption rate of LED lighting products.
Key questions answered in Industrial Lighting market report:
What will the Industrial Lighting market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving Industrial Lighting market?
What are the challenges to Industrial Lighting market growth?
Who are the key vendors in Industrial Lighting market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
No of Pages: 68
Price of Report: $ 3500 (Single User License)
Purchase Report @ http://www.marketreportsworld.com/purchase/10294101
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Contact
Mr. Ameya Pingaley
Market Reports World
+1 408 520 9750
Email sales@marketreportsworld.com <||>rnhttp://www.marketreportsworld.com
Markets Reports World
Ameya Pingaley
+1 408 520 9750
sales@marketreportsworld.com
Source: EmailWire.Com 
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