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Insights into the global market for LED downlights in 2026

Author : Shenzhen Crown Lighting

Update time : 2021-07-12 09:43:58

Insights into the global market for LED downlights in 2026-by region and application

ResearchAndMarkets.com has added the report "LED Downlight Market: Global Industry Trends, Share, Scale, Growth, Opportunities and Forecasts from 2021-2026" to the products of ResearchAndMarkets.com.

"LED Down lights Market: Global Industry Trends, Share, Scale, Growth, Opportunities and Forecasts 2021-2026"

In 2020, the global down light led market value will reach 20.6 billion U.S. dollars. Looking ahead, publishers expect the market to grow at a compound annual growth rate of 9.2% during the forecast period (2021-2026).

Lighting downlights refers to a recessed led light fixture installed in a hollow opening in the ceiling. These led lamps are widely used in residential and commercial spaces. They are extremely energy-efficient and environmentally friendly led lighting solutions that emit light in a narrow beam downwards. These lamps led have a relatively long life and have minimal heat radiation. Initially used for directional led lighting, newer led product variants have been widely used in shopping malls, offices, corridors, kitchens, bathrooms and showrooms. Dimmer switches can also be added to these ceiling downlights to control the light led output level. They are available in a variety of sizes and lumen packages, and are viable alternatives to compact fluorescent lamps and incandescent lamps.

Because led recessed downlight can withstand harsh conditions such as external shock and vibration, exposure to extreme weather conditions, and traffic-related public exposure, they are an excellent choice for led outdoor lighting systems. In addition, sales of these lamps are also exploding because they consume negligible electricity and emit less ultraviolet (UV) and heat. In addition, considering the increase in electricity prices in some developing economies, the government is taking measures to encourage the widespread use of LED lights in various fields. In addition, the active marketing measures taken by led light manufacturers and suppliers through various advertising media have also provided impetus for market growth.

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