Published By: Syndicate Market Research
Global Industrial and Commercial LED lighting
Market Segment Forecasts up to 2020,
Research Reports- SyndicateMarketResearch
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Industrial and Commercial LED lighting Market
A light-emitting diode (LED) is a two-lead semiconductor light source. LED lights are often used in the lamps
as a replacement of incandescent light sources. LED lighting delivers high efficiency, high level of brightness,
long lifespan and high reliability than incandescent bulbs. Moreover, LED consumes lesser power and is
available in smaller size. LED lights saves up to 80% energy cost. LEDs lights are use in many industries
such as street lights, parking garage lighting, and walkway and other outdoor area lighting, refrigerated case
lighting, modular lighting, and task lighting.
The industrial and commercial LED lighting market is mainly driven by increasing demand for High efficiency
and long lasting LED lights. High initial cost of fluorescent lamps may hamper the industrial and commercial
LED lighting market growth. However stringent government regulations and ban on incandescent lamps is also
main driving factor for LED Lighting. Additionally, Stringent environmental regulations on use of incandescent
bulbs in the developed regions like Europe and North America have been remained major market driving force
for the industrial and commercial LED lighting market.
Browse the full "Global Industrial and Commercial LED lighting Market Segment Forecasts up to
2020, Research Reports- SyndicateMarketResearch" report at
http://www.syndicatemarketresearch.com/market-analysis/industrial-and-commercial-led-lighting-market.html
This report provides detailed analysis and forecast of the industrial and commercial LED lighting market...