Brooklyn, NY, April 11, 2016 (GLOBE NEWSWIRE) -- The report examines the historical growth trajectory exhibited by the global LED lights market and juxtaposes it with the market’s current figures to provide forecasts about the market’s expected trajectory in the coming years. The report examines the commercial, technological, and competitive aspects of the global LED lights market and presents market analysis from each perspective.
LED lights consist of LED diodes made to function in a lighting fixture. In contrast to incandescent lights, which provide light as a byproduct of heating a metal filament, light is the primary product of the working principle of LED lights, drastically reducing the amount of electricity wasted in lighting. LED lights work on the principle of electroluminescence and thus are highly efficient and safe. If properly maintained, LED lights can have a significantly higher lifespan than incandescent lights.
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Due to these benefits, the global market for LED lights is rising at a handsome pace. Incandescent lighting is being replaced by LED lighting in several regions across the world, as governments realize the energy and cost saving potential of LED lights.
The report presents detailed data about the manufacture of LED lights, including a cost analysis of the manufacturing process and technical data. The distribution of major manufacturing plants of key market players is also described in the report. The raw material costs, equipment costs, labor costs, and other costs are analyzed in the report to present a comprehensive overview of the manufacturing cost structure of the global LED lights market. The major sources of raw materials and the technological landscape of the global LED lights industry are also detailed in the report, with the current R&D status presented for the benefit of readers.
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The upstream and downstream supply and value chains of the global LED lights market are examined in detail in the report. To this end, figures regarding the consumption of LED lights of various types in various applications and regions are given in the report. The figures illustrate the trajectory of the market between 2011 and 2016.
The regional markets for LED lights in the U.S., the EU, Japan, and China are examined in the report to provide a comprehensive look into the regional distribution of the global market. Supply-demand analytics, cost-price analysis, capacity figures, production figures, and import-export figures are given for each regional segment of the global LED lights market.
On the competitive front, the report profiles several key players in the global LED lights market such as Arcus Light, Beta Utensili, Federal Signal, AUER, Mica Elektro, Triplett, Lumen Dynamics, and Alfa Electric.
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