1. Copyright © IMARC Service Pvt Ltd. All Rights Reserved Global LED Bulb Market Research Report and Forecast 2024 Report Edition: 2019 © 2019 IMARC All Rights Reserved

2. Report Description About IMARC Group The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

3. Report Description Report Description and Highlights Global LED Bulb Market Overview: According to the latest report by IMARC Group, titled “LED Bulb Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global LED bulb market size reached US$ 5.4 Billion in 2018. Light emitting diodes (LEDs) are one of the recent technological advancements in the lighting industry. The bulbs comprise numerous clusters of LEDs which are mounted on a base. In comparison with conventional bulbs, LED bulbs have a compact size, long lifespan, reduced energy consumption, and generate lower heat output. Moreover, they are eco-friendly, offer a better color rendering index (CRI) and contain zero toxic elements. Currently, they are available in different wattages, shapes and colors while some models are also equipped with dimmable controls. As a result of these benefits, LED bulbs are widely used in general lighting, signal and signage, healthcare, forensics, and street lighting.global LED bulb market size reached US$ 5.4 Billion in 2018 LED Bulb Market Trends On account of rapid urbanization, rising global population, and the boosting sales of consumer electronics, the overall electricity consumption is witnessing an increase across the globe. Moreover, the increasing use of electricity is not being supplemented by adequate electricity production which, in turn, is influencing the demand for energy-efficient products like LED bulbs.

4. Report Description Report Description and Highlights Further, their demand is being propelled by awareness campaigns and policies introduced by governments in various countries for energy conservation and environmental protection. Looking forward, the market is projected to reach a value of US$ 9.5 Billion by 2024, at a CAGR of around 9.4% during 2019-2024. Request for a free sample report: https://www.imarcgroup.com/led-bulb-manufacturing- plant/requestsamplehttps://www.imarcgroup.com/led-bulb-manufacturing- plant/requestsample

5. Report Description Report Description and Highlights In line with this, manufacturers are using different advertising media like newspapers and televisions to increase consumer awareness about the advantages of these bulbs and expand their consumer base. Key Market Segmentation: Market Segmentation by Application Retrofit Retail & Hospitality Outdoor Offices Architectural Residential Industrial Based on the application, the market has been segregated into retrofit, retail and hospitality, outdoor, offices, architectural, residential and industrial. At present, retrofit accounts for the majority of the global market share, followed by retail and hospitality.

6. Report Description Report Description and Highlights For more information, click here: https://www.imarcgroup.com/led-bulb-manufacturing-planthttps://www.imarcgroup.com/led-bulb-manufacturing-plant Market Segmentation by Region India China Europe United States Japan Brazil Russia Others Region-wise, the market has been classified into India, China, Europe, the United States, Japan, Brazil, Russia and Others. Amongst these, India enjoys the leading position in the market on account of numerous initiatives undertaken by the Government. For instance, the Government of India is changing all the streetlights in public spaces with LED bulbs and sending notifications to commercial buildings to alter the existing downlights exclusively with LED bulbs. Moreover, it is encouraging the adoption of LED bulbs by offering support in the form of incentives and subsidies.

7. Report Description Report Description and Highlights Competitive Landscape: The industry is concentrated in nature owing to the presence of a handful of manufacturers who compete against one another in terms of prices and quality. Browse Related Report LED Lighting Market Report: https://www.imarcgroup.com/led-manufacturing-planthttps://www.imarcgroup.com/led-manufacturing-plant LED Street Light Market Report: https://www.imarcgroup.com/led-street-light-manufacturing-planthttps://www.imarcgroup.com/led-street-light-manufacturing-plant

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9. A partial List of our Clients We are the trusted business partners to the world's leading corporates, governments, and institutions Partial List of Clients

10. Report Description Report Description and Highlights © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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