The global LED Table Lamp Market report present evidence-based information and covers all the market details such as the latest technology trends, market opportunity analysis, and competitive landscape. The report also covers regional market share, size along with market drivers and restraints for the forecast period of 2019-2025. Further, this research report also delivers information associated with the latest developments by major players with their respective market share in the market.
According to the global LED Table Lamp Market report published by Value Market Research, the market is expected to touch USD 1066.6 MN by 2025, with a CAGR of 4.5% growing from USD 783.8 MN (by revenue) in 2018.
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the LED table lamp market include Donghia, DP, Guanya, Liangliang, OPPLE, Osram, Panasonic, Philips, VAVA and Yingke among others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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Growing demand of lightweight, cost effective, durable lighting fixtures to provide brighter light is driving demand of LED lamps for household and office purpose. Rising adoption modernizing lighting system to enhance home décor is fueling the market growth. Also, rising R&D activities by manufacturers to provide sleeker, low power consuming lamps with additional features is likely to raise the market demand high in the following timespan. However, relatively high cost of LED lamps over traditional lamps may hinder the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of LED table lamp.
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The broad LED table lamp market has been sub-grouped into type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for LED table lamp in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
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