Global LED Indoor Commercial Lighting Market Will Reach USD 15.87 Billion in 2018 - Energy Watch News


Global LED Indoor Commercial Lighting Market Will Reach USD 15.87 Billion in 2018

According to the latest report from LEDinside, a division of the market research firm TrendForce, 2018 Commercial Lighting, Smart Lighting and Panel Light Market Report, the global LED indoor commercial lighting market will reach USD 15.87 billion in 2018, accounting for 42% of the global LED lighting production value, moreover, the global LED commercial lighting is estimated to achieve CAGR of 3% during 2018-2021, growing slower than previous years, mainly resulting from the price decrease of LED lighting products and the reduction in market installation. According to LEDinside, the top ten commercial lighting manufacturers contain Philips Lighting, Acuity Brands, Panasonic, LEDVANCE, Eaton Lighting, Toshiba, NVC, Fagerhult, YANKON and Hubbell. https://www.ledinside.com

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