Market Data: LED Global Outlook - Energy Watch News

Market Data: LED Global Outlook

This Navigant Research report analyzes the global market for LED lighting across five end uses: commercial buildings, residential buildings, industrial buildings, outdoor lighting, and automotive headlights. The report briefly covers technology trends and market issues, including the key drivers and barriers, related to the adoption of LED lighting. Global market forecasts of LED lamp and module unit shipments and revenue, segmented by end use and region, extend through 2026. All segments of the lighting market have experienced change due to the increased adoption of LEDs, and this trend is expected to continue. However, not all segments have experienced the same rate of penetration of LEDs—nor are they expected to see the same growth over the next 10 years. According to Navigant Research, global LED lamp shipments are expected to increase from 961.1 million in 2017 to nearly 2.0 billion in 2026.

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