Published on : Jun 19, 2017
Albany, New York, June 19, 2017: In recent years, Light Emitting Diode bulbs have revolutionized the energy-efficient lighting completely. Dimmable LED lights technology is rapidly advancing, with many new tube styles available in the market today. To provide a thorough analysis on this rapidly growing market, a study titled “Global Dimmable LED Bulb Industry 2017, Trends and Forecast Report” has been released to the wide repository of Market Research Hub (MRH). The report offers an in-depth analysis of market landscape, segmentation, key companies and market dynamics. To analyze the industry development trend, the report includes major information on its production, market share, supply/demand, import/export, price, value and gross margin for the forecast period of 2017 to 2021.
Geographically, the market has been categorized into Europe, Asia-Pacifica and North America; as well as highlights some of the major countries including United States, Japan, Germany, United Kingdom, South Korea and China. In addition to this, the report analyzes the market conditions on the basis of product demand, sales, capacity and consumption etc. In the first part, the report starts by describing the industry overview of dimmable LED bulb market, along with its classification and application analysis. The report further discusses the product specifications; manufacturing processes; cost structures, raw materials and so on.
Recent product developments have created dimmable LEDs, however, most of them are dimmable with certain systems. The dimmability of LED lights have been one of the breaking points of purchasing LED lights for household use. Most people, already using a dimming system in their homes, wish to keep their system and the comfort of creating mood lighting immediately, and are therefore kept from buying LED lights.
It has been analyzed that these bulbs are excellent alternatives to halogen capsules and other types of bulbs that emit the same output as they offer greater energy efficiency and last longer than most types of lights. In the ever-evolving technologies of LED lights, dimmable LEDs are still to be developed to further compatibility and better performance. Dimmable LED globes are also becoming an ideal replacement for halogen down lights and indoor spotlights. These light bulbs produce light equivalent to a 40W incandescent bulb consume just 10W of power and offer dimmability control from 100% to 10%. As per the key findings, as governments are banning older inefficient light bulbs, these LED bulbs are rapidly replacing incandescent and fluorescent bulbs and are expected to witness robust growth in the coming years.
Moving further, the leading players operating in the global dimmable LED bulb industry have been profiled in the report. Details about key players such as business overview, financial overview and recent developments have been given. The strategies adopted by the companies and the challenges faced by them are also stated. In the concluding part, the report has announced new project SWOT analysis, investment feasibility and investment return analysis.
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