NEW YORK , June 7, 2022 /PRNewswire/ -- The LED curtain lights market is expected to grow by USD 478.74 million from 2020 to 2025 progressing at a CAGR of 13.58% as per the latest market report by Technavio. An increase in the adoption of energy-efficient light sources is a key driver impacting the global LED Curtain lights market growth. Customers are now demanding energy-efficient and less power-consuming lighting solutions, which is driving the global LED curtain lights market. Emerging awareness among people through government initiatives is promoting the use of energy-efficient lighting solutions. The use of LED sources has been increasing because of their advantages over traditional lighting technologies, such as incandescent lamps and compact fluorescent lamps (CFLs). The level of expertise involved in developing LED lighting is much higher than that required for developing traditional light sources. LED lighting products can be controlled remotely using a wired or wireless protocol as a part of a larger lighting network. The gradual shift toward LED lighting has improved offerings in the global LED curtain lights market
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The competitive scenario provided in the LED Curtain Lights Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don't wait, Make a strategic approach & boost your business goals with our LED Curtain Lights Market Forecast Report - Buy Now!
LED Curtain Lights Market: Distribution Channel Landscape
The market share growth in the offline segment will be significant during the forecast period. A key factor that increases the preference for offline distribution channels is the availability of trained personnel who can provide accurate information on various lighting products on offer.
LED Curtain Lights Market: Geographic Landscape
34% of the market's growth will originate from Europe during the forecast period. The US is the key market for the market in Europe . Market growth in this region will be faster than the growth of the market in regions. A major growth factor driving the market in Europe is an increase in the number of smart buildings, which is boosting the demand for lighting products which will facilitate the market growth in Europe over the forecast period.
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LED Curtain Lights Market: Vendor Analysis
The market is fragmented and the vendors are deploying growth strategies such as the selection of the right distribution channel to compete in the market. The market report also offers information on several market vendors, including Anoralux Corp., Brightlightz Ltd., General Electric Co., Havells India Ltd., Jaquar Group, Orient Electric Ltd., OSRAM GmbH, Panasonic Corp., PixelFLEX LLC, and Signify NV among others.
Havells India Ltd. - The company provides LED strips that can be used for TV backlighting, cabinet lighting, cove lighting, or any other decorative lighting. The products are available in the regular and smart range.
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Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers market data for 2020, 2021, until 2025
Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements
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LED Curtain Lights Market Scope
Accelerate at a CAGR of 13.58%
Leading companies, competitive strategies, consumer engagement scope
Anoralux Corp., Brightlightz Ltd. , General Electric Co., Havells India Ltd., Jaquar Group, Orient Electric Ltd., OSRAM GmbH, Panasonic Corp., PixelFLEX LLC, and Signify NV
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
3.4 Market outlook: Forecast for 2020 - 2025
5 Market Segmentation by Distribution channel
5.3 Offline - Market size and forecast 2020-2025
5.4 Online - Market size and forecast 2020-2025
5.5 Market opportunity by Distribution channel
7.3 Europe - Market size and forecast 2020-2025
7.4 North America - Market size and forecast 2020-2025
7.5 APAC - Market size and forecast 2020-2025
7.6 South America - Market size and forecast 2020-2025
7.7 MEA - Market size and forecast 2020-2025
8.1 Market drivers – Demand led growth
11.2 Currency conversion rates for US$
About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/
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