Jun 21, 2017   SOURCE: BusinessWire

LED Lighting Market in Brazil 2017-2021: Key vendors : Cree, GE Lighting, Nichia, Osram Opto Semiconductors, Philips Lighting & Seoul Semiconductor - Research and Markets

Research and Markets has announced the addition of the "LED Lighting Market in Brazil 2017-2021" report to their offering.

The analysts forecast the LED Lighting Market in Brazil to grow at a CAGR of 14.19% during the period 2017-2021.

LED Lighting Market in Brazil 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

Commenting on the report, an analyst from the research team said: The latest trend gaining momentum in the market is emergence of smart lighting. Smart lighting helps save electricity by controlling the cooling, heating, and lighting. It also enables the control of appliances remotely. Smart lighting helps reduce electricity expenses as it determines when exactly a light should be switched on or off. Different smart lighting networks do diverse things, but some of the popular features of smart lights include switching on when someone enters a room or change color under some conditions. Smart lighting network does all the work automatically, and programming of the lights can be done to respond to the users' commands. Smart lights frequently feature sensors.

According to the report, one of the major drivers for this market is declining manufacturing cost of LEDs. The cost of manufacturing LED lights have declined since 2012 and will continue to decline during the forecast period. The declining ASP of the chips and components used for manufacturing LEDs has led to a decline in the ASP of LED lights. The high growth potential of LED lighting market is compelling vendors to focus more on LEDs instead of traditional lighting sources.

Key vendors

  • Cree
  • GE Lighting
  • NICHIA
  • OSRAM Opto Semiconductors
  • Philips Lighting
  • Seoul Semiconductor

Other prominent vendors

  • Dialight
  • Eaton
  • HELLA
  • TOSHIBA
  • Panasonic

Key Topics Covered:

PART 01: Executive summary

Part 02: Scope of the report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Five forces analysis Market segmentation by application

Part 07: Decision framework

Part 08: Drivers and challenges

Part 09: Market trends

Part 10: Vendor landscape

Part 11: Key vendor analysis

For more information about this report visit https://www.researchandmarkets.com/research/kb993t/led_lighting