The global LED table lamps market size is expected to reach USD 13.37 billion by 2025 registering a CAGR of 15.2%, according to a new report by Radiant Insights, Inc. Rising demand for the energy-efficient lighting system owing to increasing awareness about global warming is the key factor driving the product sales. In addition, growing popularity of smart homes, especially in developing economies including China and India, is propelling the product demand.
Major manufacturers are introducing advanced products to gain maximum market share. For instance, in December 2016, General Electric Company launched a table lamp that features Amazon's 'Alexa'. The company has collaborated with Amazon to fix lamp over the top of Echo Dot device. The new product can be operated through a voice command. Thus, such product innovations in the market are also expected to fuel the industry growth over the forecast period.
Download Free Sample Report @ https://www.radiantinsights.com/research/led-table-lamps-market/request-sample
Decorative products was the largest segment in 2018 with a market share of more than 60%. Asia Pacific is expected to be the fastest-growing regional market at a CAGR of 16.1% from 2019 to 2025. Key companies in the region are focusing on product optimization along with technological and product innovation to cater to the increasing demand, which is likely to boost the APAC market. For instance, in June 2019, Xiaomi launched its latest LED table lamp for housing segment under the brand name 'Mi Table Lamp 1S' in China.
The new product has four different modes and has its own voice-controlled smart assistant. Some of the prominent companies in the global market are Koninklijke Philips N.V.; OSRAM GmbH; Ningbo Liangliang; General Electric Company; SYSKA LED; Panasonic Corp.; GUANYA; OPPLE Lighting; Donghia, Inc.; and Yingke Lighting Electric Co., Ltd.
Further key findings from the study suggest:
• Commercial application segment led the global LED table lamps market in 2018 and will retain its dominant position throughout the forecast years due to wide product usage in offices, restaurants, etc.
• Decorative lamps is expected to be the fastest-growing as well as the largest product segment during the forecast years
• Offline distribution channel is the largest segment; however, online segment will expand at the maximum growth rate from 2019 to 2025
• APAC will be the largest and fastest-growing market from 2019 to 2025 due to the presence of emerging economies along with a number of initiatives and policies encouraging the usage of energy-efficient lighting system
Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/led-table-lamps-market
Table of Contents
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR's Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. LED Table Lamps Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales/Retail Channel Analysis
3.3.2. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Business Environment Analysis
3.5.1. Industry Analysis - Porter's
3.5.1.1. Supplier Power
3.5.1.2. Buyer Power
3.5.1.3. Substitution Threat
3.5.1.4. Threat from New Entrant
3.5.1.5. Competitive Rivalry
3.6. Roadmap of LED Table Lamps Market
3.7. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Product Adoption
4.4. Observations & Recommendations
Chapter 5. LED Table Lamps Market: Product Estimates & Trend Analysis
5.1. Product Movement Analysis & Market Share, 2018 & 2025
5.2. Reading Lamp
5.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
5.3. Decorative Lamp
5.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 6. LED Table Lamps Market: Application Estimates & Trend Analysis
6.1. Application Movement Analysis & Market Share, 2018 & 2025
6.2. Household
6.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
6.3. Commercial
6.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Continued…
Read all Reports of this category @ https://www.radiantinsights.com/catalog/consumer-goods
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assists and facilitate organizations and individuals procure market research reports, helping them in the decisions making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assists and facilitate organizations and individuals procure market research reports, helping them in the decisions making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Phone: (415) 349-0054
Toll Free: 1-888-928-9744
Address: 201 Spear Street 1100, Suite 3036,
City: San Francisco; State: California; Country: United States
Email: [email protected]
Website: https://www.radiantinsights.com/
The global LED table lamps market size is expected to reach USD 13.37 billion by 2025 registering a CAGR of 15.2%, according to a new report by Radiant Insights, Inc.
In addition, growing popularity of smart homes, especially in developing economies including China and India, is propelling the product demand.
Download Free Sample Report @ https://www.radiantinsights.com/research/led-table-lamps-market/request-sample Decorative products was the largest segment in 2018 with a market share of more than 60%.
The new product has four different modes and has its own voice-controlled smart assistant.
Some of the prominent companies in the global market are Koninklijke Philips N.V.; OSRAM GmbH; Ningbo Liangliang; General Electric Company; SYSKA LED; Panasonic Corp.; GUANYA; OPPLE Lighting; Donghia, Inc.; and Yingke Lighting Electric Co., Ltd. Further key findings from the study suggest: • Commercial application segment led the global LED table lamps market in 2018 and will retain its dominant position throughout the forecast years due to wide product usage in offices, restaurants, etc.
• Decorative lamps is expected to be the fastest-growing as well as the largest product segment during the forecast years • Offline distribution channel is the largest segment; however, online segment will expand at the maximum growth rate from 2019 to 2025 • APAC will be the largest and fastest-growing market from 2019 to 2025 due to the presence of emerging economies along with a number of initiatives and policies encouraging the usage of energy-efficient lighting system Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/led-table-lamps-market Table of Contents Chapter 1.
The global LED table lamps market size is projected to touch USD 13.37 billion by the end of 2025, as per the report released by Million Insights.
Further, the shifting preference for smart homes, particularly in emerging nations such as India and China, is driving the demand for the product over the forecast years.
For example, General Electronic Company, in 2016, introduced a table lamp equipped with Amazon Alexa.
The company has partnered with Amazon to equip lamps with the Echo dot device.
Thus, such innovative products in the market are predicted to bode well for the industry growth in the upcoming years.
Leading companies operating in the region are emphasizing on the product optimization along with product and technological enhancement to satisfy the rising demand, which is predicted to fuel the APAC market over the estimated years.
How Lamps Can Help Your HomeIs it extremely important to consistently have all your roof and divider lights turned on around evening time?
Why not help diminish vitality by putting resources into certain lights to put all through your home?
Lights, especially floor lamp, are truly adept at giving adequate lighting in your home while you unwind on a night, yet don't use as a lot of vitality as most different lights around your home.
Also, you can regularly change light shades so that the style is compatible to various rooms in your home.Led table lamps:-Another extraordinary spot to embed a light is as a major aspect of your office lighting apparatuses.
Including a work area light while you work late into the night, will focus the light to precisely where you need it to.
Light shades are an incredible method for adding your own style to a light.
The Rare-Earth Metals Market is projected to grow from USD 5.3 billion in 2021 to USD 9.6 billion by 2026, at a CAGR of 12.33% during the forecast period.Browse 99 market data Tables and 43 Figures spread through 156 Pages and in-depth TOC on "Rare-Earth Metals Market by (Lanthanum, Cerium, Neodymium, Praseodymium, Samarium, Europium, & Others), and Application (Permanent Magnets, Metals Alloys, Polishing, Additives, Catalysts, Phosphors), Region – Global Forecast to 2026"The increasing use of rare-earth elements that are used in the permanent magnet application are likely to drive the rare-earth metals market.
The important elements in this sector are europium, terbium, and yttrium.
The company offers rare earth oxides from mines.
Its rare earths are a group of chemical elements with unique magnetic, luminescent, and electrochemical properties.
Lynas Corporation is headquartered in East Perth West Australia, Australia.Request Report Sample At https://www.marketsandmarkets.com/requestsampleNew.asp?id=121495310Arafura Resources Ltd (Arafura) is a rare-earth metals mining and exploration company.
It is involved in exploration and development of various mineral sources including rare earths, phosphate, uranium, iron, vanadium and gold.
