+1-518-618-1030 866 - 552 - 3453 USA-Canada Toll Free
Published Date: 2017-07-20Number of Pages: 163

LED Services Market (Application - Residential, Public Lighting (Smart Lighting and Street Lighting), and Business Lighting (Government and Private)) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Global LED Services Market: Snapshot

In the highly competitive global LED services market, key players are vying to withstand the competition with differentiator product offerings and by enhancing the functionality of their existing products. Long term lighting contracts and sponsorship of industry events are some other crucial growth strategies for success in this market.

Some of the key growth drivers of the global LED services market are need for energy efficient and cost effective lighting solutions that are suitable for a range of application segments. Integration of LED lighting with wireless communication technology and availability of IoT-enabled LED lighting is offering a whole new experience to consumers than what was offered by traditional ones.

As per a report by Transparency Market Research, the global LED services market is likely to expand at a CAGR of 10.6% between 2017 and 2025 for the market to reach a valuation of US$22.42 bn by 2025 increasing from US$9.26 bn in 2016.

 

led service market

 

Residential Application Segment to Stay in Lead until 2025

The application segments into which the global LED services market is segmented in this report are residential, public lighting, and business lighting. The segment of public lighting is further segmented into smart lighting and street lighting. Smart lighting includes video-surveillance, intelligent crosswalks, intelligent traffic lights, electric vehicles charging stations, and traffic monitoring.

In 2016, residential lighting accounted for the leading share of almost 45% in the global LED services market. Rising at a promising growth rate, the segment is expected to hold on to its lead position over the forecast period. This is mainly because of increasing demand for smart lighting solutions for residential spaces that provides higher luminosity.

The public lighting application of the LED service market is predicted to surpass the growth rate of other applications over the forecast period. Commencement of large scale street lighting projects and development of smart cities in many parts of the world will benefit the public lighting application segment in the forthcoming years. Energy efficient lighting which is an important requirement of smart city projects benefits from the offerings of LED lighting solutions. Hence, LED lighting solutions and services play an important role in smart city projects.

Street lighting segment within public lighting is expected to display promising growth rate over the forecast period due to favorable regulations for LED lighting systems and need for energy efficient and cost effective solutions. Ongoing and infrastructure developmental projects in the future are expected to present immense growth opportunities to this segment of the market. 

Business lighting which includes commercial office space and retail segments is expected to generate significant revenue in the forthcoming years due to increasing installation of LED lighting systems in offices, shopping malls, and restaurants.

Energy Efficiency of LED Lighting Boosts Uptake in Asia Pacific

The global LED services market is segmented into five key regional segments, namely North America, Asia Pacific, Europe, South America, and the Middle East and Africa. Europe stood as the leading regional market amongst all in 2016. Infrastructure development, changing government policies and regulations, long term contracts, and focus on energy efficient lighting solutions are the key factors behind the supremacy of the region.

North America stood as the second-leading market for LED services in 2016 revenue-wise. Favorable government regulations for switching to energy efficient lighting and developed infrastructure are leading to increased adoption of LED solutions in the region.

Asia Pacific, powered by China and India is anticipated to emerge as a significant market for LED services over the forecast period.

Some key players in the global LED services market are Thorlux Lighting, LEDVANCE GmbH, Philips Lighting, OPPLE Lighting Co. Ltd., Reggiani Spa Illuminazione, Bright Special Lighting S.A., Endo Lighting Corp., Global Light LLC, KKDC Co. Ltd., and Cree Inc.

1. Preface
      1.1. Market Definition and Scope
      1.2. Market Segmentation
      1.3. Key Research Objectives
      1.4. Research Highlights

2. Assumptions and Research Methodology

3. Executive Summary: Global LED Services Market

4. Market Overview
      4.1. Introduction
              4.1.1. Product Definition
              4.1.2. Industry Evolution / Deployments
      4.2. Market Dynamics
              4.2.1. Drivers
              4.2.2. Restraints
              4.2.3. Opportunity
      4.3. Key Trend Analysis
      4.4. Global LED Services Market Analysis and Forecasts, 2015 – 2025
              4.4.1. Market Spending Projections (US$ Mn)
      4.5. Porter’s Five Force Analysis – Global LED Services Market
      4.6. Market Ecosystem Analysis
      4.7. Market Outlook

5. Global LED Services Market Analysis and Forecasts, by Application
      5.1. Introduction & Definitions
      5.2. Key Findings / Developments
      5.3. Market Size (US$ Mn) Forecast By Application (2015– 2025) 
              5.3.1. Residential (Home)
              5.3.2. Public Lighting (outdoor)
                       5.3.2.1. Smart Lighting
                       5.3.2.2. Street Lighting
              5.3.3. Business Lighting (Indoor)
                       5.3.3.1. Government
                       5.3.3.2. Private 
      5.4. Market Attractiveness By Application

6. Global LED Services Market Analysis and Forecasts, by Region
      6.1. Key Findings
      6.2. Policies and Regulations
      6.3. LED Services Market Size (US$ Mn) Forecasts, by Region, 2015 – 2025
              6.3.1. North America
              6.3.2. Europe
              6.3.3. Asia Pacific
              6.3.4. Middle East and Africa
              6.3.5. South America      
      6.4. Market Attractiveness By Region

7. North America LED Services Market Analysis and Forecast 
      7.1. Key Findings
      7.2. Key Trends
      7.3. Market Size (US$ Mn) Forecast By Application (2015– 2025)
              7.3.1. Residential (Home)
              7.3.2. Public Lighting (outdoor)
                       7.3.2.1. Smart Lighting
                       7.3.2.2. Street Lighting
              7.3.3. Business Lighting (Indoor)
                       7.3.3.1. Government
                       7.3.3.2. Private 
      7.4. Market Size (US$ Mn) Forecast, By Country, (2015 – 2025)
              7.4.1. The U.S.
                       7.4.1.1. Residential (Home)
                       7.4.1.2. Public Lighting (outdoor)
                                  7.4.1.2.1. Smart Lighting
                                  7.4.1.2.2. Street Lighting
                       7.4.1.3. Business Lighting (Indoor)
                                  7.4.1.3.1. Government
                                  7.4.1.3.2. Private
              7.4.2. Canada
                       7.4.2.1. Residential (Home)
                       7.4.2.2. Public Lighting (outdoor)
                                  7.4.2.2.1. Smart Lighting
                                  7.4.2.2.2. Street Lighting
                       7.4.2.3. Business Lighting (Indoor)
                                  7.4.2.3.1. Government
                                  7.4.2.3.2. Private
              7.4.3. Rest of North America
                       7.4.3.1. Residential (Home)
                       7.4.3.2. Public Lighting (outdoor)
                                  7.4.3.2.1. Smart Lighting
                                  7.4.3.2.2. Street Lighting
                       7.4.3.3. Business Lighting (Indoor)
                                  7.4.3.3.1. Government
                                  7.4.3.3.2. Private
      7.5. Market Attractiveness Analysis
              7.5.1. By Application
              7.5.2. By Country

8. Europe LED Services Market Analysis and Forecast 
      8.1. Key Findings
      8.2. Key Trends
      8.3. Market Size (US$ Mn) Forecast By Application (2015– 2025)
              8.3.1. Residential (Home)
              8.3.2. Public Lighting (outdoor)
                       8.3.2.1. Smart Lighting
                       8.3.2.2. Street Lighting
              8.3.3. Business Lighting (Indoor)
                       8.3.3.1. Government
                       8.3.3.2. Private 
      8.4. Market Size (US$ Mn) Forecast, By Country, (2015 – 2025)
              8.4.1. The U.K.
                       8.4.1.1. Residential (Home)
                       8.4.1.2. Public Lighting (outdoor)
                                  8.4.1.2.1. Smart Lighting
                                  8.4.1.2.2. Street Lighting
                       8.4.1.3. Business Lighting (Indoor)
                                  8.4.1.3.1. Government
                                  8.4.1.3.2. Private
              8.4.2. Germany
                       8.4.2.1. Residential (Home)
                       8.4.2.2. Public Lighting (outdoor)
                                  8.4.2.2.1. Smart Lighting
                                  8.4.2.2.2. Street Lighting
                       8.4.2.3. Business Lighting (Indoor)
                                  8.4.2.3.1. Government
                                  8.4.2.3.2. Private
              8.4.3. France
                       8.4.3.1. Residential (Home)
                       8.4.3.2. Public Lighting (outdoor)
                                  8.4.3.2.1. Smart Lighting
                                  8.4.3.2.2. Street Lighting
                       8.4.3.3. Business Lighting (Indoor)
                                  8.4.3.3.1. Government
                                  8.4.3.3.2. Private
              8.4.4. Spain
                       8.4.4.1. Residential (Home)
                       8.4.4.2. Public Lighting (outdoor)
                                  8.4.4.2.1. Smart Lighting
                                  8.4.4.2.2. Street Lighting
                       8.4.4.3. Business Lighting (Indoor)
                                  8.4.4.3.1. Government
                                  8.4.4.3.2. Private
              8.4.5. Romania
                       8.4.5.1. Residential (Home)
                       8.4.5.2. Public Lighting (outdoor)
                                  8.4.5.2.1. Smart Lighting
                                  8.4.5.2.2. Street Lighting
                       8.4.5.3. Business Lighting (Indoor)
                                  8.4.5.3.1. Government
                                  8.4.5.3.2. Private
              8.4.6. Italy
                       8.4.6.1. Residential (Home)
                       8.4.6.2. Public Lighting (outdoor)
                                  8.4.6.2.1. Smart Lighting
                                  8.4.6.2.2. Street Lighting
                       8.4.6.3. Business Lighting (Indoor)
                                  8.4.6.3.1. Government
                                  8.4.6.3.2. Private
              8.4.7. Rest of Europe
                       8.4.7.1. Residential (Home)
                       8.4.7.2. Public Lighting (outdoor)
                                  8.4.7.2.1. Smart Lighting
                                  8.4.7.2.2. Street Lighting
                       8.4.7.3. Business Lighting (Indoor)
                                  8.4.7.3.1. Government
                                  8.4.7.3.2. Private
      8.5. Market Attractiveness Analysis
              8.5.1. By Application
              8.5.2. By Country

9. Asia Pacific LED Services Market Analysis and Forecast 
      9.1. Key Findings
      9.2. Key Trends
      9.3. Market Size (US$ Mn) Forecast By Application (2015– 2025)
              9.3.1. Residential (Home)
              9.3.2. Public Lighting (outdoor)
                       9.3.2.1. Smart Lighting
                       9.3.2.2. Street Lighting
              9.3.3. Business Lighting (Indoor)
                       9.3.3.1. Government
                       9.3.3.2. Private 
      9.4. Market Size (US$ Mn) Forecast, By Country, (2015 – 2025)
              9.4.1. China
                       9.4.1.1. Residential (Home)
                       9.4.1.2. Public Lighting (outdoor)
                                  9.4.1.2.1. Smart Lighting
                                  9.4.1.2.2. Street Lighting
                       9.4.1.3. Business Lighting (Indoor)
                                  9.4.1.3.1. Government
                                  9.4.1.3.2. Private
              9.4.2. Japan
                       9.4.2.1. Residential (Home)
                       9.4.2.2. Public Lighting (outdoor)
                                  9.4.2.2.1. Smart Lighting
                                  9.4.2.2.2. Street Lighting
                       9.4.2.3. Business Lighting (Indoor)
                                  9.4.2.3.1. Government
                                  9.4.2.3.2. Private
              9.4.3. India
                       9.4.3.1. Residential (Home)
                       9.4.3.2. Public Lighting (outdoor)
                                  9.4.3.2.1. Smart Lighting
                                  9.4.3.2.2. Street Lighting
                       9.4.3.3. Business Lighting (Indoor)
                                  9.4.3.3.1. Government
                                  9.4.3.3.2. Private
              9.4.4. Indonesia
                       9.4.4.1. Residential (Home)
                       9.4.4.2. Public Lighting (outdoor)
                                  9.4.4.2.1. Smart Lighting
                                  9.4.4.2.2. Street Lighting
                       9.4.4.3. Business Lighting (Indoor)
                                  9.4.4.3.1. Government
                                  9.4.4.3.2. Private
              9.4.5. Rest of Asia Pacific
                       9.4.5.1. Residential (Home)
                       9.4.5.2. Public Lighting (outdoor)
                                  9.4.5.2.1. Smart Lighting
                                  9.4.5.2.2. Street Lighting
                       9.4.5.3. Business Lighting (Indoor)
                                  9.4.5.3.1. Government
                                  9.4.5.3.2. Private
      9.5. Market Attractiveness Analysis
              9.5.1. By Application
              9.5.2. By Country

10. Middle East and Africa (MEA) LED Services Market Analysis and Forecast 
      10.1. Key Findings
      10.2. Key Trends
      10.3. Market Size (US$ Mn) Forecast By Application (2015– 2025)
              10.3.1. Residential (Home)
              10.3.2. Public Lighting (outdoor)
                       10.3.2.1. Smart Lighting
                       10.3.2.2. Street Lighting
              10.3.3. Business Lighting (Indoor)
                       10.3.3.1. Government
                       10.3.3.2. Private 
      10.4. Market Size (US$ Mn) Forecast, By Country, (2015 – 2025)
              10.4.1. UAE
                       10.4.1.1. Residential (Home)
                       10.4.1.2. Public Lighting (outdoor)
                                  10.4.1.2.1. Smart Lighting
                                  10.4.1.2.2. Street Lighting
                       10.4.1.3. Business Lighting (Indoor)
                                  10.4.1.3.1. Government
                                  10.4.1.3.2. Private
              10.4.2. Saudi Arabia
                       10.4.2.1. Residential (Home)
                       10.4.2.2. Public Lighting (outdoor)
                                  10.4.2.2.1. Smart Lighting
                                  10.4.2.2.2. Street Lighting
                       10.4.2.3. Business Lighting (Indoor)
                                  10.4.2.3.1. Government
                                  10.4.2.3.2. Private
              10.4.3. South Africa
                       10.4.3.1. Residential (Home)
                       10.4.3.2. Public Lighting (outdoor)
                                  10.4.3.2.1. Smart Lighting
                                  10.4.3.2.2. Street Lighting
                       10.4.3.3. Business Lighting (Indoor)
                                  10.4.3.3.1. Government
                                  10.4.3.3.2. Private
              10.4.4. Rest of Middle East and Africa
                       10.4.4.1. Residential (Home)
                       10.4.4.2. Public Lighting (outdoor)
                                  10.4.4.2.1. Smart Lighting
                                  10.4.4.2.2. Street Lighting
                       10.4.4.3. Business Lighting (Indoor)
                                  10.4.4.3.1. Government
                                  10.4.4.3.2. Private
      10.5. Market Attractiveness Analysis
              10.5.1. By Application
              10.5.2. By Country

11. South America LED Services Market Analysis and Forecast 
      11.1. Key Findings
      11.2. Key Trends
      11.3. Market Size (US$ Mn) Forecast By Application (2015– 2025)
              11.3.1. Residential (Home)
              11.3.2. Public Lighting (outdoor)
                       11.3.2.1. Smart Lighting
                       11.3.2.2. Street Lighting
              11.3.3. Business Lighting (Indoor)
                       11.3.3.1. Government
                       11.3.3.2. Private 
      11.4. Market Size (US$ Mn) Forecast, By Country, (2015 – 2025)
              11.4.1. Brazil
                       11.4.1.1. Residential (Home)
                       11.4.1.2. Public Lighting (outdoor)
                                  11.4.1.2.1. Smart Lighting
                                  11.4.1.2.2. Street Lighting
                       11.4.1.3. Business Lighting (Indoor)
                                  11.4.1.3.1. Government
                                  11.4.1.3.2. Private
              11.4.2. Argentina
                       11.4.2.1. Residential (Home)
                       11.4.2.2. Public Lighting (outdoor)
                                  11.4.2.2.1. Smart Lighting
                                  11.4.2.2.2. Street Lighting
                       11.4.2.3. Business Lighting (Indoor)
                                  11.4.2.3.1. Government
                                  11.4.2.3.2. Private
              11.4.3. Chile
                       11.4.3.1. Residential (Home)
                       11.4.3.2. Public Lighting (outdoor)
                                  11.4.3.2.1. Smart Lighting
                                  11.4.3.2.2. Street Lighting
                       11.4.3.3. Business Lighting (Indoor)
                                  11.4.3.3.1. Government
                                  11.4.3.3.2. Private
              11.4.4. Colombia
                       11.4.4.1. Residential (Home)
                       11.4.4.2. Public Lighting (outdoor)
                                  11.4.4.2.1. Smart Lighting
                                  11.4.4.2.2. Street Lighting
                       11.4.4.3. Business Lighting (Indoor)
                                  11.4.4.3.1. Government
                                  11.4.4.3.2. Private
              11.4.5. Peru
                       11.4.5.1. Residential (Home)
                       11.4.5.2. Public Lighting (outdoor)
                                  11.4.5.2.1. Smart Lighting
                                  11.4.5.2.2. Street Lighting
                       11.4.5.3. Business Lighting (Indoor)
                                  11.4.5.3.1. Government
                                  11.4.5.3.2. Private
              11.4.6. Rest of Asia Pacific
                       11.4.6.1. Residential (Home)
                       11.4.6.2. Public Lighting (outdoor)
                                  11.4.6.2.1. Smart Lighting
                                  11.4.6.2.2. Street Lighting
                       11.4.6.3. Business Lighting (Indoor)
                                  11.4.6.3.1. Government
                                  11.4.6.3.2. Private
      11.5. Market Attractiveness Analysis
              11.5.1. By Application
              11.5.2. By Country

12. Competition Landscape
      12.1. Market Player – Competition Matrix (By Tier and Size of companies)
      12.2. Market Share Analysis by Company (2016)
      12.3. Company Profiles (Details – Overview, Financials, Strategy)
              12.3.1. Thorlux Lighting
                       12.3.1.1. Overview
                       12.3.1.2. Financials
                       12.3.1.3. Strategy
              12.3.2. LEDVANCE GmbH
                       12.3.2.1. Overview
                       12.3.2.2. Financials
                       12.3.2.3. Strategy
              12.3.3. Philips Lighting Holding B.V.
                       12.3.3.1. Overview
                       12.3.3.2. Financials
                       12.3.3.3. Strategy
              12.3.4. OPPLE Lighting Co., Ltd.
                       12.3.4.1. Overview
                       12.3.4.2. Financials
                       12.3.4.3. Strategy
              12.3.5. Reggiani SPA
                       12.3.5.1. Overview
                       12.3.5.2. Financials
                       12.3.5.3. Strategy
              12.3.6. Bright Special Lighting S.A.
                       12.3.6.1. Overview
                       12.3.6.2. Financials
                       12.3.6.3. Strategy
              12.3.7. Endo Lighting Corp.
                       12.3.7.1. Overview
                       12.3.7.2. Financials
                       12.3.7.3. Strategy
              12.3.8. Global Light LLC.
                       12.3.8.1. Overview
                       12.3.8.2. Financials
                       12.3.8.3. Strategy
              12.3.9. KKDC Co., Ltd.
                       12.3.9.1. Overview
                       12.3.9.2. Financials
                       12.3.9.3. Strategy
              12.3.10. Cree Inc.
                       12.3.10.1. Overview
                       12.3.10.2. Financials
                       12.3.10.3. Strategy

13. Key Takeaways

List of Figures

Figure 1 Global LED Services Market - Share Analysis
Figure 2 Global LED Services Market Size (US$ Bn) Forecast, 2015–2025
Figure 3 Global LED Services Market Y-o-Y Growth (Value %) Forecast, 2015 – 2025
Figure 4 Porter’s Five Forces Analysis
Figure 5 Ecosystem Analysis
Figure 6 Ecosystem Analysis: LED Design, Installation, Maintenance Process
Figure 7 Market Value Share By Application (2016)
Figure 8 Market Value Share By Region (2016)
Figure 9 Global LED Services Market Value Share Analysis, By Application, 2017 and 2025
Figure 10 Global LED Services Market Attractiveness Analysis, By Application
Figure 11 LED Services Market CAGR (2017 – 2025) Analysis, By Country
Figure 12 Global LED Services Market Value Share Analysis, By Region, 2017 and 2025
Figure 13 LED Services Market Attractiveness Analysis, By Region
Figure 14 North America LED Services Market Value Share Analysis, By Application, 2017 and 2025
Figure 15 North America LED Services Market Attractiveness Analysis, By Application
Figure 16 North America LED Services Market Attractiveness Analysis, By Country
Figure 17 U.S. LED Services Market Value Share Analysis, By Application, 2017 and 2025
Figure 18 Canada LED Services Market Value Share Analysis, By Application, 2017 and 2025
Figure 19 Europe LED Services Market Value Share Analysis, By Application, 2017 and 2025
Figure 20 Europe LED Services Market Attractiveness Analysis, By Application
Figure 21 Europe LED Services Market Attractiveness Analysis, By Country
Figure 22 U.K. LED Services Market Value Share Analysis, By Application, 2017 and 2025
Figure 23 Germany LED Services Market Value Share Analysis, By Application, 2017 and 2025
Figure 24 France LED Services Market Value Share Analysis, By Application, 2017 and 2025
Figure 25 Spain LED Services Market Value Share Analysis, By Application, 2017 and 2025
Figure 26 Romania LED Services Market Value Share Analysis, By Application, 2017 and 2025
Figure 27 Italy LED Services Market Value Share Analysis, By Application, 2017 and 2025
Figure 28 Asia Pacific LED Services Market Value Share Analysis, By Application, 2017 and 2025
Figure 29 Asia Pacific LED Services Market Attractiveness Analysis, By Application
Figure 30 Asia Pacific LED Services Market Attractiveness Analysis, By Country
Figure 31 China LED Services Market Value Share Analysis, By Application, 2017 and 2025
Figure 32 Japan LED Services Market Value Share Analysis, By Application, 2017 and 2025
Figure 33 India LED Services Market Value Share Analysis, By Application, 2017 and 2025
Figure 34 Indonesia LED Services Market Value Share Analysis, By Application, 2017 and 2025
Figure 35 Middle East and Africa LED Services Market Value Share Analysis, By Application, 2017 and 2025
Figure 36 Middle East and Africa LED Services Market Attractiveness Analysis, By Application
Figure 37 Middle East and Africa LED Services Market Attractiveness Analysis, By Country
Figure 38 UAE LED Services Market Value Share Analysis, By Application, 2017 and 2025
Figure 39 Saudi Arabia LED Services Market Value Share Analysis, By Application, 2017 and 2025
Figure 40 South Africa LED Services Market Value Share Analysis, By Application, 2017 and 2025
Figure 41 South America LED Services Market Value Share Analysis, By Application, 2017 and 2025
Figure 42 South America LED Services Market Attractiveness Analysis, By Application
Figure 43 South America LED Services Market Attractiveness Analysis, By Country
Figure 44 Brazil LED Services Market Value Share Analysis, By Application, 2017 and 2025
Figure 45 Argentina LED Services Market Value Share Analysis, By Application, 2017 and 2025
Figure 46 Chile LED Services Market Value Share Analysis, By Application, 2017 and 2025
Figure 47 Colombia LED Services Market Value Share Analysis, By Application, 2017 and 2025
Figure 48 Peru LED Services Market Value Share Analysis, By Application, 2017 and 2025
Figure 49 Market Share Analysis
Figure 50 Philips Lighting Sales (US$ Bn), 2015–2016
Figure 51 Cree Inc. Breakdown of Revenue, by Region (2016)
Figure 52 Cree Inc. Revenue (US$ Bn), 2014–2016

List of Tables

Table 1 Global LED Services Market Size (US$ Bn) Forecast, By Application, 2015 – 2025
Table 2 Global LED Service Market CAGR by Application
Table 3 Global LED Services Market Size (US$ Bn) Forecast, By Region, 2015 – 2025
Table 4 Global LED Services Market CAGR by Region
Table 5  North America LED Services Market Size (US$ Bn) Forecast, By Application, 2015 – 2025
Table 6 North America LED Services Market CAGR by Application
Table 7 North America LED Services Market Size (US$ Bn) Forecast, By Country, 2015 – 2025
Table 8 U.S. LED Services Market Size (US$ Bn) Forecast, By Application, 2015 – 2025
Table 9 U.S. LED Services Market CAGR by Application
Table 10 Canada LED Services Market Size (US$ Bn) Forecast, By Application, 2015 – 2025
Table 11 Canada LED Services Market CAGR by Application
Table 12 Rest of North America LED Services Market Size (US$ Bn) Forecast, By Application, 2015 – 2025
Table 13 Europe LED Services Market Size (US$ Bn) Forecast, By Application, 2015 – 2025
Table 14 Europe LED Services Market CAGR by Application
Table 15 Europe LED Services Market Size (US$ Bn) Forecast, By Country, 2015 – 2025
Table 16 U.K. LED Services Market Size (US$ Bn) Forecast, By Application, 2015 – 2025
Table 17 U.K. LED Services Market CAGR by Application
Table 18 Germany LED Services Market Size (US$ Bn) Forecast, By Application, 2015 – 2025
Table 19 Germany LED Services Market CAGR by Application
Table 20 France LED Services Market Size (US$ Bn) Forecast, By Application, 2015 – 2025
Table 21 France LED Services Market CAGR by Application
Table 22 Spain LED Services Market Size (US$ Bn) Forecast, By Application, 2015 – 2025
Table 23 Spain LED Services Market CAGR by Application
Table 24 Romania LED Services Market Size (US$ Bn) Forecast, By Application, 2015 – 2025
Table 25 Romania LED Services Market CAGR by Application
Table 26 Italy LED Services Market Size (US$ Bn) Forecast, By Application, 2015 – 2025
Table 27 Italy LED Services Market CAGR by Application
Table 28 Rest of Europe LED Services Market Size (US$ Bn) Forecast, By Application, 2015 – 2025
Table 29 Asia Pacific LED Services Market Size (US$ Bn) Forecast, By Application, 2015 – 2025
Table 30 Asia Pacific LED Services Market CAGR by Application
Table 31 Asia Pacific LED Services Market Size (US$ Bn) Forecast, By Country, 2015 – 2025
Table 32 China LED Services Market Size (US$ Bn) Forecast, By Application, 2015 – 2025
Table 33 China LED Services Market CAGR by Application
Table 34 Japan LED Services Market Size (US$ Bn) Forecast, By Application, 2015 – 2025
Table 35 Japan LED Services Market CAGR by Application
Table 36 India LED Services Market Size (US$ Bn) Forecast, By Application, 2015 – 2025
Table 37 India LED Services Market CAGR by Application
Table 38 Indonesia LED Services Market Size (US$ Bn) Forecast, By Application, 2015 – 2025
Table 39 Indonesia LED Services Market CAGR by Application
Table 40 Rest of Asia Pacific LED Services Market Size (US$ Bn) Forecast, By Application, 2015 – 2025
Table 41 Middle East and Africa LED Services Market Size (US$ Bn) Forecast, By Application, 2015 – 2025
Table 42 Middle East and Africa LED Services Market CAGR by Application
Table 43 Middle East and Africa LED Services Market Size (US$ Bn) Forecast, By Country, 2015 – 2025
Table 44 UAE LED Services Market Size (US$ Bn) Forecast, By Application, 2015 – 2025
Table 45 UAE LED Services Market CAGR by Application
Table 46 Saudi Arabia LED Services Market Size (US$ Bn) Forecast, By Application, 2015 – 2025
Table 47 Saudi Arabia LED Services Market CAGR by Application
Table 48 South Africa LED Services Market Size (US$ Bn) Forecast, By Application, 2015 – 2025
Table 49 South Africa LED Services Market CAGR by Application
Table 50 Rest of Middle East and Africa LED Services Market Size (US$ Bn) Forecast, By Application, 2015 – 2025
Table 51 South America LED Services Market Size (US$ Bn) Forecast, By Application, 2015 – 2025
Table 52 South America LED Services Market CAGR by Application
Table 53 South America LED Services Market Size (US$ Bn) Forecast, By Country, 2015 – 2025
Table 54 Brazil LED Services Market Size (US$ Bn) Forecast, By Application, 2015 – 2025
Table 55 Brazil LED Services Market CAGR by Application
Table 56 Argentina LED Services Market Size (US$ Bn) Forecast, By Application, 2015 – 2025
Table 57 Argentina LED Services Market CAGR by Application
Table 58 Chile LED Services Market Size (US$ Bn) Forecast, By Application, 2015 – 2025
Table 59 Chile LED Services Market CAGR by Application
Table 60 Colombia LED Services Market Size (US$ Bn) Forecast, By Application, 2015 – 2025
Table 61 Colombia LED Services Market CAGR by Application
Table 62 Peru LED Services Market Size (US$ Bn) Forecast, By Application, 2015 – 2025
Table 63 Peru LED Services Market CAGR by Application
Table 64 Rest of South America LED Services Market Size (US$ Bn) Forecast, By Application, 2015 – 2025

Global LED Services Market: Overview

The report on global LED services market provides analysis for the period of 2015 to 2025, wherein 2016 is the base year and the 2017 to 2025 would be the forecast period. Data for 2015 has been included as historical information. The report covers all the prevalent trends and LED projects playing a major role in the growth of the LED service market over the forecast period from 2017 to 2025. It also highlights the various drivers, restraints, and opportunities expected to influence the market’s growth during the forecast period. The study provides a holistic perspective on market growth throughout the forecast period in terms of revenue estimates (in US$ Mn) across different geographies, which are North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA).

The report also provides market attractiveness analysis for all the segments for all the geographies in the scope of study which identifies and compares segment’s market attractiveness on the basis of CAGR and market share index. The report also includes key industry developments that have taken place in the global LED services market over the past years. Porter’s Five Forces analysis is also included in the report for analyzing various factors affecting market growth.

Global LED Services Market: Scope of Study

LED services market includes lighting services such as installation/design/maintenance/others provided by commercial electrical/lighting contractors and integrated solution providers. The report scope considers revenue estimates for earnings from sale of lighting projects (installation/design/maintenance/others) by such vendors. The study also excludes consideration of retrofitting revenue and LED module revenue from its scope. The demand for LED lighting is increasing significantly across various application segments. Rising adoption within the public lighting application segment is one of the primary growth drivers for the LED Services Market. Furthermore, increasing environmental awareness, need of energy efficient lighting, and favorable government regulations is also anticipated to fuel demand for the LED lighting products during the forecast period.

Global LED Services Market: Market Segmentation

The research report provides in-depth analysis of the global LED service market on the basis of applications. The LED services market is segmented on the basis of application into Residential (Home), Public Lighting (outdoor), Business Lighting (Indoor). The Public Lighting (Outdoor) is further divided into smart lighting and street lighting whereas Business Lighting (Indoor) is further segmented into government and private.

In terms of geographical regions, the report segments the LED services market into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America. Country level analysis (for major countries) is also provided for all these regions. All the regions and countries are analyzed in terms of revenue generation. The report provides cross-sectional analysis of the global LED services market in terms of market estimates and forecasts for all segments across different geographic regions and countries. The countries included into the report are North America – the U.S., Canada; Europe – the U.K., Germany, France, Spain, Romania, Italy; Asia Pacific – China, Japan, India, Indonesia; Middle East & Africa (MEA) – UAE, Saudi Arabia, South Africa; South America – Brazil, Argentina, Chile, Colombia, Peru.

Global LED Services Market: Competitive Landscape

The report also includes competitive profiling of major players engaged in device manufacturing and service offerings for LED. The major business strategies adopted by these players, their market positioning, and business overview have also been identified in the research report. The report also provides competition landscape which include competition matrix, market share analysis of major players in the LED services into leading players, prominent players and emerging players. Competition matrix section benchmarks leading players on the basis of their capabilities and potential to grow. Factors including market position, offerings and R&D focus are attributed to company’s capabilities. Factors including top line growth, market share, segment growth, infrastructure facilities and future outlook are attributed to company’s potential to grow.

Some of the major players profiled in the report include Thorlux Lighting, LEDVANCE GmbH, Philips Lighting, OPPLE Lighting Co., Ltd, Reggiani Spa Illuminazione, Bright Special Lighting S.A., Endo Lighting Corp., Global Light LLC., KKDC Co., Ltd. and Cree Inc.

The global market for LED services has been segmented as follows:

LED Services Market

By Application

  • Residential (Home)
  • Public Lighting (outdoor)
    • Smart Lighting
    • Street Lighting
  • Business Lighting (Indoor)
    • Government
    • Private

By Geography

  • North America
    • The U.S.
    • Canada
    • Rest of North America
  • Europe
    • The U.K.
    • Germany
    • France
    • Spain
    • Romania
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Indonesia
    • Rest of Asia Pacific
  • Middle East and Africa (MEA)
    • UAE
    • Saudi Arabia
    • South Africa
    • Rest of Middle East and Africa
  • South America
    • Brazil
    • Argentina
    • Chile
    • Colombia
    • Peru
    • Rest of South America


 
 
Back To Top