Energy-Efficient Lighting Technology Market Share to Record Steady Growth 2020-2027

The study offers a decisive view of the global energy-efficient lighting technology market by segmenting it in terms of product type and application. This section covers energy-efficient lighting technology market for the regions North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

This research report also includes profiles of major companies operating in the global market. Some of the prominent players operating in the global Energy-Efficient Lighting Technology market are Apple Inc., Bajaj Electricals Ltd., Bridgelux Inc., Cooper Lighting, Cree Inc., Digital Lumens Inc., GE Lighting, LIGMAN Lighting Co. Ltd., Nichia Corporation, OSRAM GmbH, and Philips Lighting.

The increasing government activities towards the appropriation of energy-efficient solutions coupled with green building initiatives in various countries contribute towards the market growth. Moreover, growing consumer awareness regarding energy-efficient products and devices is further boosting the market value. On the flip side, the presence of chemical elements such as mercury and xenon that are toxic in nature coupled with environmental concerns related to the exposure of these gases hamper the market growth.

By Product Type

  • Incandescent Lamp
  • Light Emitting Diode
  • Arc Lamp
  • Gas Discharge Lamps

By Application

  • Commercial
  • Residential
  • Government

Source: https://www.valuemarketresearch.com/report/energy-efficient-lighting-technology-market

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