One of the major drivers of global LED panel market is government regulations for the installation of LED panels in offices, commercial buildings, hospitals and other places. LED panels are also used as emergency lights.
In case of power failure, LED panels provide light for at least three hours. Some of the other factors creating demand for LED panels and significantly contributing to market growth are shock resistance, high durability, ultra-thin, low carbon emissions, energy saving, low maintenance and easy installation, among others.
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LED Panel Market: Segmentation
Segmentation based on the application:
Based on application, the LED panel market is segmented into hospitals, educational institutes, commercial, residential and others.
Segmentation based on the color:
Based on color, the LED panel market is segmented into cool white, pure white, warm white and others.
Segmentation based on the installation:
Based on installation, the LED panel market is segmented into surface mounted, suspended and others.
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Provided for Major Regions as Follows:-
North America (USA, Canada and Mexico)
Europe (Germany, France, the United Kingdom, Netherlands, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, rest of countries, etc.)
Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Nigeria, and South Africa)
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LED Panel Market: Key Players
Some of the key players of the LED panel market are Havells India Ltd.; Philips Lighting; Hubbell; Innovative Lighting; Cree, Inc.; Baja Designs; Deco Lighting, Inc.; Grote; LSI Industries Inc. and OSRAM GmbH.
Key Data Points Covered in the Report :-
- Elaborated scenario of the parent market
- Transformations in the market dynamics
- Detailed segmentation of the target market
- Historical, current and forecast market size based on value and volume
- Latest industry developments and trends
- Competition landscape
- Strategies adopted by the market players and product developments made
- Potential and niche segments, along with their regional analysis
- Unbiased analysis on performance of the market
- Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
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