Facto Market Insights (FMI), added a title on “Industrial and Commercial LED lighting Market – 2020-2025” to its collection of market research reports. This market research report provides detailed analysis of market drivers, challenges, opportunity analysis, and trends, along with various key insights. In addition to this, the report on global industrial and commercial LED lighting market demonstrates the important aspects that are expected to intensify the growth of the global market over the upcoming years. The study also includes the analysis of the market size and forecast for the different segments &geographies covering the impact analysis of ongoing COVID-19 disease situation.
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The report on global industrial and commercial LED lighting market covers the key market growth indicators, covering the value and supply chain analysis, year-on-year (Y-o-Y) growth and compounded annual growth rate (CAGR), in the Facto Market Insights (FMI) research report along with top macroeconomic indicators. The study is way beneficial for the investors, manufacturers, suppliers, stakeholders, and distributors, because it can help them to understand the strategies of the market and also, they can withdraw information &statistics presented in market research report.
Impact Analysis of Coronavirus Disease (COVID-19)
The research report covers the impact analysis of COVID-19 pandemic on the global industrial and commercial LED lighting market, covering information about each region & countries in order to identify the issues raised by the pandemic over various industries. The outbreak of coronavirus or COVID-19 (formerly 2020-nCoV) was noted in December 2019, which has been imposed as a medical emergency across the globe. More than 213 countries and territories have reported cases of coronavirus till date. On 11th March 2020, the World Health Organization (WHO) declared the COVID-19 a pandemic officially. Countries including U.S., India, Italy, Germany, Spain, France, Brazil, and such other countries have a large number of COVID-19 patients, due to which the countries went under lockdown conditions in the past. Thus, with the ongoing situation of lockdown, many industries have been adversely impacted, and it is expected that the economy of such nations are going to suffer a massive loss over the upcoming years, and also the global economy is anticipated to slip into a recession, which is considered to hamper the growth of the overall market.
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The market for global industrial and commercial LED lighting market is segmented as Product Type, Form Type, Drug Type, End User and Region.
KEY MARKET SEGMENTS
• LED Lamps
• LED Fixture
• Indoor Lightning
• Outdoor Lightning
BY END USER
The market for industrial and commercial LED lighting is segregated on the basis of regional basis into North America, Europe, Asia Pacific, Latin America and Middle East and Africa. The breakdown of the region into countries is covered in the study. The study also includes the estimations about market growth at the regional and country levels. Further, the regions are fragmented into the country and regional groupings:
– North America (U.S. & Canada)
– Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
– Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
– Latin America (Brazil, Mexico and Rest of Latin America)
– Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
The report profiles various major & prominent key market players in the global industrial and commercial LED lighting market including Eaton Corporation Plc, Cree Inc., Deco Enterprises, Inc., Dialight Plc, Osram Licht Ag, General Electric Company, Koninklijke Philips N.V., Toshiba Corporation, Zumtobel Group Ag, and Syska. These key players have adopted strategies such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to enhance their market penetration.
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