Europe & Middle East Industrial and Commercial LED Lighting Market - By Product Type (LED Lamps, LED Luminaires and LED Fixtures); By Application (Commercial, Indoor, Outdoor and Industrial); By End-use Industries (Residential, Commercial, Industrial and Others); and Regional Analysis of Market Size, Shares & Trends for 2016-2019 and Forecasts to 2030

Product Overview
Light-emitting diode (LED) is a semiconductor light resource that transfers electrical energy openly into light energy. These tools are frequently exhausted in lamps as a substitute of luminous light sources. Some LEDs are called ultraviolet-producing semiconductors, radiating infrared energy, which is bigger than or equal to 830 nm.
Europe & Middle East industrial and commercial LED lighting market is expected to exceed USD 21,960 million by 2030 from USD 6,030 million in 2019 at a CAGR of 17.2% throughout the forecast period i.e. 2020-2030. The market is anticipated to grow on the back of rising government subsidies in the region.

Europe & Middle East Industrial and Commercial LED Lighting Market: Segments
The LED Luminaires segment to grow with the fastest CAGR of xx% during 2020-2030
Europe & Middle East industrial and commercial LED lighting market is segmented by Product Type into LED Lamps, LED Luminaires and LED Fixtures. Among these, the LED luminaires segment is estimated to hold the largest market share of xx% in 2019. Luminaires are broadly utilized in commercial and industrial lighting segments. They are more expensive than usual LED lamps. Therefore, luminaires hold for more substantial market share than LED lamps. New connections principally boost the market’s growth. It comprises of lights used in streetlights, high bays, downlights, track lights, troffers, and deferred adornments for numerous applications. The luminaires supply more light per unit power and they are simpler to manage and enable optic creators to use them more efficiently and use less light to light up the same area.
Europe & Middle East Industrial and Commercial LED Lighting Market: Market Dynamics
Rising Government Subsidies in Emerging Economies
Governments across the region are concentrating on decreasing energy costs by adopting and building energy-efficient devices. The government has funded LED bulbs so as to raise energy maintenance. The per capita consumption in the regions are rising substantially. The regions are speedily building economies. As per the national energy administration in Europe, the country held for the biggest share in terms of total energy consumed in 2016. As per the International Monetary Fund (IMF), in 2016, Europe was the third-largest in the world, in terms of nominal GDP.
Compatibility Issues and High Installation Cost
Lighting control programs make use of different kinds of communication links throughout the ability to control the lighting devices. Every communication technique requires enthusiastic electronic circuits inside the lighting devices. Both substituted, and newly fitted lamps may not always be well-matched with the ongoing controls, which may cause complexities. Compatibility problems might take place due to the rise in complications of lighting control programs, increase in the incidence of using the lighting control programs, raised complications of electrical surrounding where the lighting control programs are installed, or owing to the disposition of advanced lighting devices.
Europe & Middle East Industrial and Commercial LED Lighting Market: Key Players

  • Eaton Corporation Plc.
  • ·Company Overview
  • ·Business Strategy
  • ·Key Product Offerings
  • ·Financial Performance
  • ·Key Performance Indicators
  • ·Risk Analysis
  • ·Recent Development
  • ·Regional Presence
  • ·SWOT Analysis
  • Cree Inc.
  • Panasonic Corporation
  • Acuty Brands Inc.
  • Dialight Plc
  • Osram Licht AG
  • Koninklijke Phillips N.V.
  • Toshiba Corporation
  • Zumtobel Group AG
  • Syska

The market report on Europe & Middle East industrial and commercial LED lighting also contains the following in-depth analysis:

  • LED Lighting Market Segments:
  • ·By Product Type

_ LED Lamps
_ LED Luminaires
_ LED Fixtures

  • ·By Application

_ Commercial
_ Indoor
_ Outdoor
_ Industrial

  • ·By End-use Industries

_ Residential
_ Commercial
_ Industrial
_ Others

  • LED Lighting Market Dynamics
  • LED Lighting Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved in the Market
  • Value Chain of the Market
  • Market Drivers and Restraints