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Introduction to Report
Launch Date: August 10, 2015
Number of Pages: 351
Geography Coverage: Global
Available Format: PDF
Price For Single User License: USD 4,400
Delivery Time: Within 24 Hours (During Working Days)
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About the Report
This 2015-2022 market forecast of the American,
European/Middle Eastern and African (EMEA), and Asia
Pacific (APAC) regional consumption is presented for
selected LED-based lamps in selected applications, which
require explosion-proof lighting solutions.
The light emitting diode (LED) market, despite exciting
innovative devices driven by technological advances and
ecological/energy-saving concerns, still face challenges in
overcoming performance/price limitations and in
attracting widespread consumption.
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Key Highlights:
The global consumption value of LED-based lamps in
explosion-proof lighting is projected to reach $172.5
million in 2015.
During the 2015-2022 timeline, Publisher forecast that
the consumption (use) value is set to increase at an
average annual rate of 8.4 percent to $303 million in the
year 2022.
In terms of value, the Asia Pacific (APAC) region is
forecast to grow at a faster pace versus other regions
during the forecast period, driven by use of the LED lamps
in the commercial/ industrial (factory) application.
The Specialty, Panel and Miscellaneous lamp category is
forecast to increase at the fastest pace during the forecast
period.
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Key Highlights Continues…
The market research shows that LED lamps specifically
designed and tested for use in (explosion-proof / harsh
environment) application-specific fixtures will continue to
increase in consumption value at a steady pace.
In the General-Area lighting application, the large range
of existing (relatively common) LED-based spotlights and
various-types and sizes of standard-appearance bulbs or
globes, have already found their way into the explosion-
proof lighting fixture marketplace.
Tube is lighting for Paint Spray Booth/Facilities. The
fluorescent tube has long been an acceptable lighting
solution explosion-proof lighting fixtures, due to relatively
high efficiency and long life. LED efficiencies are set to
exceed those of fluorescent tubes, with dimming and
controllable color rendering readily achievable.
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Key Highlights Continues…
Another product category that we quantified and are
presenting a market forecast for in this Publisher study is
the LED lamps used in harsh-environment or more
specifically explosion-proof portable flashlights.
The Gas Station, Paint Spray Booth and
Commercial/Industrial category is projected to lead in
relative market share of the global consumption value
with 49 percent in 2015. The Oil and Mining related
industry category is relatively saturated in the use of
lighting requirements, versus the other application
categories.
The Military Bases, Airports and Other Transportation
category is forecast with gradual and steady growth,
based on the large number of end-user facilities, potential
expansion and Total Available Market (TAM).
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Market Research Methodology
Market analysis and technology forecasting are complex
tasks.
Any predictions of the shape and trends of technology
and economic movement start from the notion that the
germ of what will be important tomorrow is present,
although smaller or larger or in a different form, in our
environment today.
However, taking as a basis for a prediction the
assumptions of current, conventional belief creates a set
of preconceived notions that can lead to serious mistakes.
Publisher, instead, looks to the basic driving forces.
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Report Coverage:
1. Executive Summary
2. LED-based Lamps in Explosion Proof Lighting Market
Forecast by Product Type
3. LED-based Lamps in Explosion Proof Lighting Market
Forecast by Application
4. LEDs – Technology Overview, Market Research
Methodology
5. Definitions and Standards
6. Market Forecast Data Base Explanation
For more details regarding Report coverage see the last slide
All logos and Images mentioned on this slide belong to their respective owners.
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