New Report Analyses the Global LED Tube Light Market and Requirements to Set Up an LED Tube Light Manufacturing Plant

LED tube lights form a part of LED fixtures segment which is growing at a robust pace. These lights offer numerous advantages over their traditional counterparts. As a result, they are swiftly replacing fluorescent and incandescent lights in the commercial and residential sectors. Furthermore, the construction of green buildings and retrofitting of existing buildings have helped in augmenting the demand for LED tube lights.

LED lights have greatly contributed to the global lighting sector in the recent past. With growing emphasis on minimum energy consumption, environmental concerns, greenhouse gas emissions and cost effectiveness, LEDs have become an ultimate energy and cost efficient lighting solution. A new report released by IMARC Group titled “LED Tube Light Market – Industry Trends, Manufacturing Process, Plant Setup, Machinery, Raw Materials, Cost and Revenue” extensively discusses the LED industry with an acute emphasis on the global LED tube light market. LED tube lights form a part of LED fixtures segment which is currently growing at a CAGR of around 50%, reaching a volume of 517 Million units in 2015. LED tube lights provide an energy efficient solution for linear tube lighting and are rapidly replacing the fluorescent tube lights in commercial as well as the residential sector. They are preferred over their traditional counterparts due to many reasons. LED tube lights not only have an exquisite design but are also easy to set up as they are light in weight. They require no warm up time and are not affected by frequent switching due to which they work perfectly with control systems. They offer an extended life span and are directional, provide better lighting effects and require little to no maintenance. Although LED tube lights may be more expensive than a normal tube light, they consume very little energy as compared to a normal tube light.

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This report has segmented the market on the basis of key application areas. LED tube lights are mainly used in offices, conference rooms, showrooms and malls, homes, departmental stores and boutiques, warehouses and parking houses, hospitals, laboratories, etc.  The study further finds that with the construction of new green buildings and retrofitting of existing buildings, the demand for LED fixtures is currently on the rise, thereby expanding the tube light market. The report has also provided the market analysis based on key regions which include China, Europe, North America, Asia Pacific, Japan, Middle East, Africa and Latin America. The study concludes that the market is highly competitive and the new entrants have to compete with the existing players to sell their product in the market.

This report has provided a detailed technical insight on setting up and operating a LED tube Light manufacturing plant. It contours all the prerequisites of the LED tube light industry and provides a comprehensive analysis of the market, industry performance, processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. In order to provide a clearer picture, the report has also presented this information in the form of a dynamic excel model where users can analyse the entire information and also change various inputs according to their requirements. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the LED tube light market in any manner.

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Global LED Street Light Market to Grow At A Balanced Pace, Driven By Innovations in Efficient Street Light Technologies

Street light refers to a type of light used to illuminate roadways and highways in order to ensure a safer and convenient driving route. There are various types of street lightings such as fluorescent light, incandescent light, mercury vapour light, solar light, metal halide light, light-emitting diode (LED), induction light and high pressure sodium light. Among the different types, LED street lights are currently switching the old street light technology at a swift pace. According to research analysts at IMARC Group, the global LED street light market has seen a healthy growth over the past several years and is expected to witness a balanced growth in the near future as well.

Advantages over traditional counterparts

LED street lights have a number of advantages over their traditional counterparts.

• They use around 40-80% less electricity and are around seven times more energy efficient than incandescent lamps and twice as efficient as fluorescent lamps.
• They have at least 5 times more life expectancy than regular high pressure sodium lamps.
• They are recyclable, shock and vibration resistant, operate at lower temperatures, contain no harmful substances and are unaffected by on-off cycling.
• These lights do not require any special handling and waste management procedures which leads to reduced replacement costs.

They are directional, give a little or no hot spot and their light output is much more even as compared to other types of street lights.

Growing urbanisation and infrastructural developments driving the market

LED street lights find applications in both the residential as well as the commercial sectors. They are extensively used in residential street lighting, housing complexes and warehouses, railway crossings, industrial parks, commercial districts, tunnels and bridges and rural intersections.

Growing urbanisation rates, infrastructural developments, falling LED prices and various projects by governments to reduce carbon emissions are some of the major factors that are currently bolstering the growth of the global LED street light market. Moreover, manufacturers are focussing on product up-gradations, innovations in designs and introduction of environmental-friendly products are also contributing towards the growth of the global market for LED street lights.

 Popular shapes, sizes and design materials

Currently, LED street lights are popularly available in various shapes and sizes. Some of the most preferred shapes include LED Street Light (Solar), LED Street Light (Eco), LED Street Light (Lens) and LED Street Light (Cygnus).

These lights cause no heat build- up and comes in many attractive designs. Some of the design material alternatives include Aluminium die cast frame, Aluminium die cast frame with metallic silver/grey finish, Aluminium die cast frame with UV treated coating, Nylon plastic material frame and Plastic lens or tempered glass lens.

China represents the largest market

On a geographical front, the global LED based lighting products market has a presence in many countries across the globe. Currently, China represents the leading market for LED based lighting products and accounts for nearly one-fifth of the global LED market. China is followed by Europe, North America, Asia-Pacific, Japan, the Middle East & Africa and Latin America.

Some of the major players operating in this market include Nichia, Osram, Samsung Electronics, Everlight Electronics, LG Innotek, Epistar, Seoul Semiconductor, Cree, Lumileds and Mulinsen.

About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the LED street light industry, which has enabled the clients to successfully setup and expand their businesses. Some of the company’s offerings include:

• Market Research
• Plant setup
• Plant Expansion
• Marketing and sales
• Procurement and Distribution
• Innovation and Product Development

For more information on the LED street light industry, please visit: http://www.imarcgroup.com/led-street-light-manufacturing-plant

Global LED Flood Light Market Driven by Superior Features and Ecological Advantages

LED flood lights have come to represent an economical and robust outdoor lighting solution. As they are mostly used outdoors, they are made with durable material which can withstand harsh weather conditions and temperature fluctuations. They are mostly used in places where a broad beam of light is needed to illuminate a large area. Their major applications include illuminating stadiums, parking spaces, driveways, roads, theatres, building façades, warehouses, etc. They are also used in mines and as emergency lights. Portable flood lights are also used by rescue teams during disasters. LEDs being energy efficient and durable represent the most suitable lighting source that can be used in flood lights. The awareness regarding LEDs has led to more and more people using LED flood lights for outdoor illumination in order to save electricity costs. Moreover, the use of LED flood lights is also being supported by the governments of various countries as a measure for sustainable development.

Key features and advantages

LED flood lights represent a superior lighting option than fluorescent, incandescent and halogen flood lights.
• LED lights are durable and have an average life of around 50,000 hours. This property is especially suitable for use in flood lights as they have to endure adverse weather conditions and temperatures.
• They are not affected by frequent switching
• The long life of LEDs also eliminates the need to replace them frequently which saves money and environmental waste.
• They consume less energy than conventional lighting sources thus reducing electricity costs and the associated greenhouse gas emissions.
• They emanate low heat as most of the electrical energy is converted to light and a little is wasted as heat. This feature is especially useful in temperature sensitive applications such as cold storages.
• They are safer than other lights as they do not break easily or contain any toxic materials such as mercury.
                                   Figure 1: Advantages of LED Floodlights

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Popular design material and shapes
LED flood lights come in a range of shapes and designs as per the requirements of the consumers. Some of the popular shapes and designs include – square, rectangular, lights with mount box adapter, lights with tenon mount brackets, lights with pole mount brackets and lights with rotatable or tiltable brackets. Some of the preferred design materials include – aluminium die cast frame, aluminium die cast frame textured with bronze powder and plastic lenses or tempered glass lenses.
China represents the largest market for LED-based lights
China currently represents the world’s largest market for LED-based lighting products. Other major markets include – Latin America, Europe, Middle East & Africa, Japan and Asia Pacific (excluding China and Japan).
There are many global and local players currently operating in this market. Some of the key international manufacturers of LED-based lights include – Lumileds, Nichia, Cree, Osram, Seoul Semiconductor, Samsung Electronics, Epistar, Everlight Electronics and LG Innotek.

Enquiry for sample report or more details, click here : http://www.imarcgroup.com/enquiry-form/

About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the LED flood light industry, which has enabled the clients to successfully set up and expand their businesses. Some of the company’s offerings include:
• Market Research
• Plant setup
• Plant Expansion
• Marketing and sales
• Procurement and Distribution
• Innovation and Product Development
For more information  visit: http://www.imarcgroup.com