Industrial and Commercial LED Lighting Market to Grow at a 30.8% CAGR as Governments Ban Incandescent Bulbs : Transparency Market Research

ALBANY, New York, September 8, 2015 /PRNewswire/ --

A new report published by Transparency Market Research (TMR), titled "Industrial And Commercial LED Lighting Market - Global Industry Size, Market Share, Trends, Analysis And Forecast, 2013 - 2019" , states that the global industrial and commercial LED lighting market was valued at US$12,927.9 million in 2012 and is expected to reach US$86,087.9 million by 2019, growing at a CAGR of 30.8% from 2013 to 2019.

Full Research Report on Industrial and Commercial LED Lighting Market with detailed figures and segmentation at:

http://www.transparencymarketresearch.com/industrial-commercial-led-lighting-market.html

The global industrial and commercial LED lighting market is segmented on the basis of end users and geography. The categorization of the global industrial and commercial LED market by end users leads to the industrial, commercial, architectural, and outdoor segments. The commercial segment is further divided into users such as office buildings, hotel and restaurants, retail shops, warehouse and storages, and educational institutes. Geographically, the global industrial and commercial LED lighting market is divided into North America, Europe, Asia Pacific, and Rest of the World.

Get Sample Report Copy OR For further inquiries, click here: http://www.transparencymarketresearch.com/sample/sample.php?flag=s&rep_id=2013

Out of the geographical segments, Europe holds the largest market share in the global industrial and commercial LED lighting market. It held about 33.1% of the global industrial and commercial LED lighting market in 2012. The strong presence of the market in Europe can be attributed to growing government investment in the industrial and commercial LED lighting sector. The European ban on production and import of all incandescent lamps gave an additional impetus to this market. Furthermore, countries such as Germany, Russia, Denmark, and the U.K. are also looking at methods of making lighting solutions more efficient. As these regions look at solutions to make their lighting solutions cost-effective, it will lead to growth of the industrial and commercial LED lighting market.

Browse the Press Release of this report, here: http://www.transparencymarketresearch.com/pressrelease/industrial-commercial-led-lighting-market.htm

Among the end user segments, the commercial segment held a market share of 52.5% in 2012. The primary growth drivers for this market are growing awareness among users about reducing energy consumption and CO2 emission. More governments, including many outside Europe, banning the use of incandescent lamps is also fueling the growth of this segment and the sub-segments therein. Additionally, the efforts by the Chinese government to stop the production of incandescent lamps of 100 watts or higher is leading to the growth of this market.

Some of the key players in the global industrial and commercial LED lighting market are Cooper Industries plc, Osram Lict AG, Digital Lumens, Inc., Dialight plc, Cree, Inc., Koninklijke Philips Electronics N.V., GE Lighting Solutions, Zumtobel AG, and Toshiba Corporation. The global industrial and commercial LED lighting market will witness tremendous growth due to innovation in technology and efforts taken by companies to come up with simple yet long term solutions. Samsung's latest efforts to launch an LED light bulb integrated with Bluetooth technology is expected to take the global industrial and commercial LED lighting market by storm.

Other Research Reports by Transparency Market Research:

- Smart Lighting Market: http://www.transparencymarketresearch.com/smart-lighting-market.html

- Industrial Controls System Market: http://www.transparencymarketresearch.com/industrial-controls-market.html

- Commercial Fluorescent Lighting Market: http://www.transparencymarketresearch.com/commercial-fluorescent-lighting-market.html

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR's syndicated reports thrive to provide clients to serve their overall research requirement.

Contact

Mr. Atil Chaudhari

90 State Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com

Blog: http://www.europlat.org