Global Architectural Led Products Market - Size, Trends, Share, Analysis to 2021
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- Date Submitted: 02/01/2016 01:29 AM
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Global Architectural LED Products Market - Asia-Pacific market is
expected to register the highest CAGR during the forecast period (2021)
Persistence Market Research
Global Architectural LED Products Market is
Expected to Progress US$ 10,751.1 Mn by
2021 - Persistence Market Research
Persistence Market Research
1
Global Architectural LED Products Market - Asia-Pacific market is
expected to register the highest CAGR during the forecast period (2021)
Persistence Market Research Released New Market Report “Global Market Study on
Architectural LED Products: Driven by Price Commoditization and Significant
Growth in Enhanced Performance”, the architectural LED products market is estimated
to be valued at US$ 3,997.5 Mn by the end of 2015 and is anticipated to expand at a CAGR
of 17.9% from 2015 to 2021 in terms of value, to account for US$ 10,751.1 Mn by 2021.
Architectural LED lights are used mainly for illuminating monuments, museums, building
structures, residents and bridges with the artistic integration of light source. Architectural
LED lighting can be used for decorative purpose and can be applied on both indoor and
outdoor purposes.
Currently, the global market of architectural LED products is driven by the factors such as
government regulations encouraging construction companies to deploy LED lighting
systems. LED lighting systems help in increasing energy efficiency and reduces carbon
emission. Due to the longer life span of architectural LED lighting products, the market is
witnessing a paradigm shift from the adoption of conventional lighting solution to the more
efficient architectural LED products. Increasing consumer inclination towards luxurious
lifestyle is projected to boost demand for architectural LED lighting products across the
globe in the residential sector in which in turn is expected to be the primary factor
contributing to the growth of the architectural LED products market.
On the basis of products, the global architectural LED market...
expected to register the highest CAGR during the forecast period (2021)
Persistence Market Research
Global Architectural LED Products Market is
Expected to Progress US$ 10,751.1 Mn by
2021 - Persistence Market Research
Persistence Market Research
1
Global Architectural LED Products Market - Asia-Pacific market is
expected to register the highest CAGR during the forecast period (2021)
Persistence Market Research Released New Market Report “Global Market Study on
Architectural LED Products: Driven by Price Commoditization and Significant
Growth in Enhanced Performance”, the architectural LED products market is estimated
to be valued at US$ 3,997.5 Mn by the end of 2015 and is anticipated to expand at a CAGR
of 17.9% from 2015 to 2021 in terms of value, to account for US$ 10,751.1 Mn by 2021.
Architectural LED lights are used mainly for illuminating monuments, museums, building
structures, residents and bridges with the artistic integration of light source. Architectural
LED lighting can be used for decorative purpose and can be applied on both indoor and
outdoor purposes.
Currently, the global market of architectural LED products is driven by the factors such as
government regulations encouraging construction companies to deploy LED lighting
systems. LED lighting systems help in increasing energy efficiency and reduces carbon
emission. Due to the longer life span of architectural LED lighting products, the market is
witnessing a paradigm shift from the adoption of conventional lighting solution to the more
efficient architectural LED products. Increasing consumer inclination towards luxurious
lifestyle is projected to boost demand for architectural LED lighting products across the
globe in the residential sector in which in turn is expected to be the primary factor
contributing to the growth of the architectural LED products market.
On the basis of products, the global architectural LED market...