LED Lighting Market Analysis APAC, Europe, North America, Middle East and Africa, South America - US, China, Japan, Germany, UK - Size and Forecast 2023-2027

Published: Oct 2023

Pages: 166

SKU: IRTNTR74782

Snapshot

LED Lighting Market Forecast 2023-2027

The LED Lighting Market size is estimated to grow by USD 34.82 billion at a CAGR of 7.35% between 2022 and 2027. The declining manufacturing cost of LED lights, driven by advancements in technology and economies of scale, is making LED lighting more affordable and accessible, driving market growth. The phasing out of traditional lighting technologies such as halogen, incandescent, fluorescent, and HID lamps, due to their inefficiency and environmental impact, is further boosting the demand. Additionally, the need for LED lighting in hazardous areas, where traditional lighting may not be suitable, is creating new opportunities for growth in the market. Overall, these factors are driving the widespread adoption of these across various industries and applications.

What will be the size of the Market During the Forecast Period?

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Market Segmentation

This Market research report extensively covers market segmentation by application (residential, commercial, outdoor, industrial, and others), product (luminaries and lamps), and geography (APAC, Europe, North America, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges.

By Application

The market share growth of the residential segment will be significant during the forecast period. In 2022, residential construction was the largest and fastest-growing application segment of the market, driven by increasing urbanization and rising energy efficiency requirements across the globe. The increase in urban population is having a positive impact on the focus market as the use of these in the residential segment is increasing as consumers are now focusing on trendy and personalized home decoration.

In addition, the governments of several countries offer support because LED lights are energy efficient compared to traditional lights.

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The residential segment was valued at USD 24.27 billion in 2017. With the increasing number of smart cities, many lighting companies have started providing these systems to these cities owing to properties including lesser Cox emission than conventional lighting systems. This, in turn, drives the sales of LED lights in households worldwide, leveraging the growth of the residential segment of the market during the forecast period.

By Region

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APAC is estimated to contribute 43% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

The market in APAC is growing at a rapid rate, primarily because of the increased demand for energy-efficient lighting solutions from the residential and commercial segments. Furthermore, the region is becoming a hub for retail, hospitality, and healthcare industries, as many multinational companies are setting up their offices in APAC. In APAC, China is the major revenue-contributing country of the regional market in focus owing to the presence of many manufacturing units and industries.

Market Dynamics and Customer Landscape

The Market is witnessing rapid growth driven by its superior energy efficiency compared to traditional lighting sources, leading to reduced energy consumption and a lower carbon footprint. Technological advancements have made them more environmentally sustainable by eliminating hazardous materials. Initiatives like the Renew America's Schools grant program are promoting the adoption of these in educational institutions. LED technology is widely used in various applications including indoor and outdoor lighting, automotive utility lighting, and vehicle lighting, contributing to significant energy savings. Developing countries are increasingly adopting these products, supported by local manufacturers and advancements in wireless technologies like Wi-Fi for smart lighting solutions. Occupancy sensors and daylighting features further enhance the efficiency of these products such as LED strips, bulbs, and tube lights, making them ideal for industrial, warehouse, and stadium lighting applications. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Drivers

The declining manufacturing cost of LED lights is notably driving the market growth. The decline was primarily due to the decrease in the average selling price (ASP) of chips and components used in manufacturing LED devices. This reduction in LED production costs has also LED to lower initial installation costs for LED lamps and lanterns, thereby accelerating their installation across all application segments. This trend is supported by the integration of features such as Wi-Fi, occupancy sensors, and daylighting in LED products, including LED strips, LED bulbs, and LED tube lights. The decrease in manufacturing costs can be attributed to government subsidies for purchasing semiconductor equipment, such as metal-organic chemical vapor deposition (MOCVD), which is crucial for LED manufacturing. This has encouraged manufacturers to expand their production capacity. This expansion is driven by technological advancements and the demand for energy-efficient lighting products. Additionally, government support has helped companies reduce variable production costs by operating their production facilities at full capacity. These factors are expected to drive market growth during the forecast period.

Significant Market Trends

The emergence of smart cities is the key trend in the market. The government's energy conservation and resource management initiatives are promoting the development of smart cities. Smart lighting is an important part of building smart cities because it helps save energy, has shorter switching times, and reduces costs. Intelligent lighting systems increase the energy efficiency of cities and offer practical benefits to city dwellers, such as access to information about traffic and public space.

Street lights that are widespread in cities use innovative lighting solutions that automatically implement traffic-based brightness control, remote light control, error reporting, theft prevention and tracking of street light power cords, and remote meter reading. The application of intelligent lighting can significantly save electricity, improve public lighting control systems, and save maintenance costs. Thus, the increasing development of smart cities will fuel the growth of the market during the forecast period.

Major Market Challenges

The limited thermal tolerance of LEDs installed in industrial facilities is the major challenge impeding market growth. Considerable energy loss occurs in light bulbs, as most of the consumed power evaporates as heat. The light efficiency of these products in industrial also degrades when exposed to high temperatures, high humidity, and other hazardous environments common in commercial and industrial areas.

They are sensitive to high temperatures, and when used in an enclosed space, they can negatively affect the light output and lifetime of the LEDs. Additionally, these bulbs and fixtures connected to external LED drivers often fail prematurely due to high internal operating temperatures. Since the temperature in industrial and manufacturing facilities is usually high, this raises the internal temperature of the LED driver above the case temperature point (Tc). The TC point of a conductor is defined as the hottest point on its surface during use. As a result, these drivers often fail prematurely. This leads to the failure of LEDs installed in industrial premises, which hinders the growth of the market during the forecast period.

Key Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Who are the Major LED Lighting Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

SMART Global Holdings Inc. - The company offers LED lighting such as XLamp Element G XEG LEDs and XLamp XM L Color Gen 2 High-Intensity LED under Cree LED as its key offering under LED solutions. Under this segment, the company offers a broad portfolio of application-optimized LEDs focused on improving lumen density, intensity, efficacy, optical control and reliability.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The market research report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.

Application Outlook
- Residential
- Commercial
- Outdoor
- Industrial
- Others

Product Outlook
- Luminaries
- Lamps

Region Outlook
- APAC
  - China
  - India
- Europe
  - The U.K.
  - Germany
  - France
  - Rest of Europe
- North America
  - The U.S.
  - Canada
- Middle East & Africa
  - Saudi Arabia
  - South Africa
  - Rest of the Middle East & Africa
- South America
  - Brazil
  - Argentina

Market Analyst Overview

The market is undergoing significant advancements to meet the demands of various sectors such as industrial production, automotive vehicle lighting, and residential settings. The market is driven by the need for energy-efficient lighting solutions, spurred by financial incentives and government benefits for adopting environmentally sustainable practices. Despite challenges like power quality issues and lack of common open standards, This technology is making strides with innovations in phosphor technology and smart and connected luminaires. As LED penetration grows in office spaces, construction sites, and agricultural applications, the industry is poised for further growth, especially with the increasing focus on renewable projects and energy-efficient construction.

The market is experiencing substantial growth driven by factors such as environmental sustainability initiatives, energy-efficient lighting technologies, and the need for security and safety measures. Architectural LED lamps and LED luminaires are increasingly used in industrial settings and building automation systems for their energy efficiency and longevity. Despite challenges like compatibility issues and the lack of common open standards, the market is witnessing technological innovations such as Light Detection and Ranging (LiDAR) and Light Fidelity (Li-Fi). With the rise of electric vehicles and EV sales, investments in streetlights and infrastructure development are driving the demand for these solutions across industrial and warehouse applications, greenhouses, and landscape illumination.

Market Scope
Report Coverage	Details
Page number	166
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 7.35%
Market growth 2023-2027	USD 34.82 billion
Market structure	Fragmented
YoY growth 2022-2023(%)	6.8
Regional analysis	APAC, Europe, North America, Middle East and Africa, and South America
Performing market contribution	APAC at 43%
Key countries	US, China, Japan, Germany, and UK
Competitive landscape	Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks
Key companies profiled	Acuity Brands Inc., ams OSRAM AG, Bridgelux Inc., Dialight Plc, Digital Lumens Inc., Eaton Corp. Plc, Ennostar Inc., General Electric Co., GrowRay Lighting Technologies, Hubbell Inc., IDEAL INDUSTRIES Inc., Koninklijke Philips NV, LSI Industries Inc, Lumileds Holding BV, OSRAM GmbH, Panasonic Holdings Corp., Sharp Corp., Signify NV, SMART Global Holdings Inc., and Toyoda Gosei Co. Ltd.
Market dynamics	Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
Precise estimation of the size of the market size and its contribution to the parent market
Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

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Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global LED lighting market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global LED lighting market 2017 - 2021 ($ billion)

4.2 Application Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ billion)

4.3 Product Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ billion)

4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

6.1 Market segments
- Exhibit 30: Chart on Application - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Application - Market share 2022-2027 (%)

6.2 Comparison by Application
- Exhibit 32: Chart on Comparison by Application
- Exhibit 33: Data Table on Comparison by Application

6.3 Residential - Market size and forecast 2022-2027
- Exhibit 34: Chart on Residential - Market size and forecast 2022-2027 ($ billion)
- Exhibit 35: Data Table on Residential - Market size and forecast 2022-2027 ($ billion)
- Exhibit 36: Chart on Residential - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Residential - Year-over-year growth 2022-2027 (%)

6.4 Commercial - Market size and forecast 2022-2027
- Exhibit 38: Chart on Commercial - Market size and forecast 2022-2027 ($ billion)
- Exhibit 39: Data Table on Commercial - Market size and forecast 2022-2027 ($ billion)
- Exhibit 40: Chart on Commercial - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Commercial - Year-over-year growth 2022-2027 (%)

6.5 Outdoor - Market size and forecast 2022-2027
- Exhibit 42: Chart on Outdoor - Market size and forecast 2022-2027 ($ billion)
- Exhibit 43: Data Table on Outdoor - Market size and forecast 2022-2027 ($ billion)
- Exhibit 44: Chart on Outdoor - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Outdoor - Year-over-year growth 2022-2027 (%)

6.6 Industrial - Market size and forecast 2022-2027
- Exhibit 46: Chart on Industrial - Market size and forecast 2022-2027 ($ billion)
- Exhibit 47: Data Table on Industrial - Market size and forecast 2022-2027 ($ billion)
- Exhibit 48: Chart on Industrial - Year-over-year growth 2022-2027 (%)
- Exhibit 49: Data Table on Industrial - Year-over-year growth 2022-2027 (%)

6.7 Others - Market size and forecast 2022-2027
- Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)

6.8 Market opportunity by Application
- Exhibit 54: Market opportunity by Application ($ billion)

7 Market Segmentation by Product

7.1 Market segments
- Exhibit 55: Chart on Product - Market share 2022-2027 (%)
- Exhibit 56: Data Table on Product - Market share 2022-2027 (%)

7.2 Comparison by Product
- Exhibit 57: Chart on Comparison by Product
- Exhibit 58: Data Table on Comparison by Product

7.3 Luminaries - Market size and forecast 2022-2027
- Exhibit 59: Chart on Luminaries - Market size and forecast 2022-2027 ($ billion)
- Exhibit 60: Data Table on Luminaries - Market size and forecast 2022-2027 ($ billion)
- Exhibit 61: Chart on Luminaries - Year-over-year growth 2022-2027 (%)
- Exhibit 62: Data Table on Luminaries - Year-over-year growth 2022-2027 (%)

7.4 Lamps - Market size and forecast 2022-2027
- Exhibit 63: Chart on Lamps - Market size and forecast 2022-2027 ($ billion)
- Exhibit 64: Data Table on Lamps - Market size and forecast 2022-2027 ($ billion)
- Exhibit 65: Chart on Lamps - Year-over-year growth 2022-2027 (%)
- Exhibit 66: Data Table on Lamps - Year-over-year growth 2022-2027 (%)

7.5 Market opportunity by Product
- Exhibit 67: Market opportunity by Product ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 69: Chart on Market share by geography 2022-2027 (%)
- Exhibit 70: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison
- Exhibit 71: Chart on Geographic comparison
- Exhibit 72: Data Table on Geographic comparison

9.3 APAC - Market size and forecast 2022-2027
- Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)

9.4 Europe - Market size and forecast 2022-2027
- Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.5 North America - Market size and forecast 2022-2027
- Exhibit 81: Chart on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 82: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 83: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 84: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.6 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

9.7 South America - Market size and forecast 2022-2027
- Exhibit 89: Chart on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 90: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 91: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on South America - Year-over-year growth 2022-2027 (%)

9.8 US - Market size and forecast 2022-2027
- Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)

9.9 China - Market size and forecast 2022-2027
- Exhibit 97: Chart on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 98: Data Table on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 99: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on China - Year-over-year growth 2022-2027 (%)

9.10 Japan - Market size and forecast 2022-2027
- Exhibit 101: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
- Exhibit 102: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
- Exhibit 103: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 104: Data Table on Japan - Year-over-year growth 2022-2027 (%)

9.11 Germany - Market size and forecast 2022-2027
- Exhibit 105: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 106: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 107: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 108: Data Table on Germany - Year-over-year growth 2022-2027 (%)

9.12 UK - Market size and forecast 2022-2027
- Exhibit 109: Chart on UK - Market size and forecast 2022-2027 ($ billion)
- Exhibit 110: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
- Exhibit 111: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 112: Data Table on UK - Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography
- Exhibit 113: Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 114: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 115: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 116: Overview on factors of disruption

11.4 Industry risks
- Exhibit 117: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 118: Vendors covered

12.2 Market positioning of vendors
- Exhibit 119: Matrix on vendor position and classification

12.3 Acuity Brands Inc.
- Exhibit 120: Acuity Brands Inc. - Overview
- Exhibit 121: Acuity Brands Inc. - Business segments
- Exhibit 122: Acuity Brands Inc. - Key news
- Exhibit 123: Acuity Brands Inc. - Key offerings
- Exhibit 124: Acuity Brands Inc. - Segment focus

12.4 ams OSRAM AG
- Exhibit 125: ams OSRAM AG - Overview
- Exhibit 126: ams OSRAM AG - Business segments
- Exhibit 127: ams OSRAM AG - Key offerings
- Exhibit 128: ams OSRAM AG - Segment focus

12.5 Dialight Plc
- Exhibit 129: Dialight Plc - Overview
- Exhibit 130: Dialight Plc - Business segments
- Exhibit 131: Dialight Plc - Key offerings
- Exhibit 132: Dialight Plc - Segment focus

12.6 Digital Lumens Inc.
- Exhibit 133: Digital Lumens Inc. - Overview
- Exhibit 134: Digital Lumens Inc. - Product / Service
- Exhibit 135: Digital Lumens Inc. - Key offerings

12.7 Eaton Corp. Plc
- Exhibit 136: Eaton Corp. Plc - Overview
- Exhibit 137: Eaton Corp. Plc - Business segments
- Exhibit 138: Eaton Corp. Plc - Key news
- Exhibit 139: Eaton Corp. Plc - Key offerings
- Exhibit 140: Eaton Corp. Plc - Segment focus

12.8 Ennostar Inc.
- Exhibit 141: Ennostar Inc. - Overview
- Exhibit 142: Ennostar Inc. - Business segments
- Exhibit 143: Ennostar Inc. - Key offerings
- Exhibit 144: Ennostar Inc. - Segment focus

12.9 General Electric Co.
- Exhibit 145: General Electric Co. - Overview
- Exhibit 146: General Electric Co. - Business segments
- Exhibit 147: General Electric Co. - Key news
- Exhibit 148: General Electric Co. - Key offerings
- Exhibit 149: General Electric Co. - Segment focus

12.10 Hubbell Inc.
- Exhibit 150: Hubbell Inc. - Overview
- Exhibit 151: Hubbell Inc. - Business segments
- Exhibit 152: Hubbell Inc. - Key offerings
- Exhibit 153: Hubbell Inc. - Segment focus

12.11 IDEAL INDUSTRIES Inc.
- Exhibit 154: IDEAL INDUSTRIES Inc. - Overview
- Exhibit 155: IDEAL INDUSTRIES Inc. - Product / Service
- Exhibit 156: IDEAL INDUSTRIES Inc. - Key offerings

12.12 Koninklijke Philips NV
- Exhibit 157: Koninklijke Philips NV - Overview
- Exhibit 158: Koninklijke Philips NV - Business segments
- Exhibit 159: Koninklijke Philips NV - Key news
- Exhibit 160: Koninklijke Philips NV - Key offerings
- Exhibit 161: Koninklijke Philips NV - Segment focus

12.13 LSI Industries Inc
- Exhibit 162: LSI Industries Inc - Overview
- Exhibit 163: LSI Industries Inc - Business segments
- Exhibit 164: LSI Industries Inc - Key offerings
- Exhibit 165: LSI Industries Inc - Segment focus

12.14 Lumileds Holding BV
- Exhibit 166: Lumileds Holding BV - Overview
- Exhibit 167: Lumileds Holding BV - Product / Service
- Exhibit 168: Lumileds Holding BV - Key offerings

12.15 Panasonic Holdings Corp.
- Exhibit 169: Panasonic Holdings Corp. - Overview
- Exhibit 170: Panasonic Holdings Corp. - Business segments
- Exhibit 171: Panasonic Holdings Corp. - Key news
- Exhibit 172: Panasonic Holdings Corp. - Key offerings
- Exhibit 173: Panasonic Holdings Corp. - Segment focus

12.16 Signify NV
- Exhibit 174: Signify NV - Overview
- Exhibit 175: Signify NV - Business segments
- Exhibit 176: Signify NV - Key news
- Exhibit 177: Signify NV - Key offerings
- Exhibit 178: Signify NV - Segment focus

12.17 SMART Global Holdings Inc.
- Exhibit 179: SMART Global Holdings Inc. - Overview
- Exhibit 180: SMART Global Holdings Inc. - Business segments
- Exhibit 181: SMART Global Holdings Inc. - Key news
- Exhibit 182: SMART Global Holdings Inc. - Key offerings
- Exhibit 183: SMART Global Holdings Inc. - Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 184: Inclusions checklist
- Exhibit 185: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 186: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 187: Research methodology
- Exhibit 188: Validation techniques employed for market sizing
- Exhibit 189: Information sources

13.5 List of abbreviations
- Exhibit 190: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

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What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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