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General LED Lighting Market in Brazil Forecast to Grow at 42.1% CAGR

Reviewed

Jan 31 2015

Research and Markets has announced the addition of the "General LED Lighting Market in Brazil 2015-2019" report to their offering.

An LED is a semiconductor light source used for general lighting, backlighting, and automotive lighting in the Residential, Office, Retail, Hospitality, Industrial, Outdoor, and Architectural segments. Given its efficiency and low cost, LED helps to address the key issues such as energy crisis, resource scarcity, and climate change. It also enhances safety and productivity. Lighting consumes about 20 percent of the power generated worldwide, and the usage of LED lighting will help to save up to 40 percent of energy annually.

LED lights have many advantages over other lighting sources such as:

High-intensity of brightness
Highly energy-efficient
Low voltage and current requirements
Low radiated heat
High reliability
Negligible UV rays
Long lifespan
Easily controlled and programmed

The analysts forecast the General LED Lighting market in Brazil will grow at a CAGR of 42.1 percent over the period 2014-2019.

The General LED Lighting market in Brazil can be divided into six application segments including: Architectural, Commercial, Industrial, Outdoor, Residential, and Others.

The report, General LED Lighting Market in Brazil 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape in Brazil and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.

The preference for eco-friendly bulbs over incandescent and CFL bulbs is one of the major trends witnessed in the market. Increased cost of energy, growing awareness about environmental issues, and increased focus on reducing CO2 emissions are some of the factors stimulating demand for energy-efficient LED lighting solutions.

According to the report, the formation of R20 Regions of Climate Action is a major market driver for the General LED Lighting market in Brazil. It is focused on promoting and implementing low-carbon emission projects and aims to prevent a 2°C increase in global temperatures by 2020.

Further, the report states that low consumer awareness is one of the major challenges in the market. This is evident from the fact that most application segments in the Global General Lighting market have a low LED penetration rate because consumers give higher preference to cost rather than the quality and nature of lighting.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Key Topics Covered:

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report

04. Market Research Methodology

05. Introduction

06. Technology Landscape

07. Market Landscape

08. Regulations on Incandescent Lighting by Country

09. Market Segmentation by Application

10. Summary of Key Figures

11. Buying Criteria