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The Global LED Industrial Lighting Market is expected to grow by $ 2.13 bn during 2020-2024, progressing at a CAGR of 7% during the forecast period

ReportLinker
·2-min read

Global LED Industrial Lighting Market 2020-2024 The analyst has been monitoring the led industrial lighting market and it is poised to grow by $ 2. 13 bn during 2020-2024, progressing at a CAGR of 7% during the forecast period.

New York, Nov. 09, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global LED Industrial Lighting Market 2020-2024" - https://www.reportlinker.com/p01361313/?utm_source=GNW
Our reports on the LED industrial lighting market provide a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the phasing out of halogen, incandescent, fluorescent, and HID lamps and the growth of COB LEDs for industrial applications. In addition, phasing out of halogen, incandescent, fluorescent, and HID lamps is anticipated to boost the growth of the market as well.
The LED industrial lighting market analysis includes type segment and geographical landscapes.

The led industrial lighting market is segmented as below:
By Type
• Lamp
• Luminaire

By Geographical Landscapes
• APAC
• Europe
• North America
• South America
• MEA

This study identifies the need for LED lighting in hazardous areas as one of the prime reasons driving the LED industrial lighting market growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the led industrial lighting market covers the following areas:
• Led industrial lighting market sizing
• Led industrial lighting market forecast
• Led industrial lighting market industry analysis


Read the full report: https://www.reportlinker.com/p01361313/?utm_source=GNW

About Reportlinker
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