Tuesday, January 4, 2022

Global LED Lighting Market is Expected to reach USD 64.3 Billion by 2025F: Ken Research

Government in various countries has increased their efforts for replacing the traditional lighting system in the public spaces especially street lighting with the new LED lighting fixture presenting huge growth opportunity.

Products having technologies such as motion sensors, IOT technology, control options through mobile applications, smart lighting to gain traction.

Increasing Awareness on the potential benefits of lighting that facilitates well-being among human beings will drive growth. LED lighting is shifting from just providing energy efficiency to offering sustainability solutions and improving quality of life.

Increasing Penetration among Different End Users: The LED lighting market has high penetration in the Commercial sector. The growth in construction in the industrial and hospitality sector presents great opportunity for the growth of LED lighting market in the sector. In addition, due to the current Covid-19 outbreak & rise in demand for healthcare facilities, focus on hospitals & health-care centres for adoption of LED Lightings are expected to boost demand.

Growth of Construction Industry: The global construction industry is expected to reach USD 15.5 trillion worldwide by 2030, with three countries – China, US and India – leading the way. Growing infrastructure and construction industry in such countries is expected to raise the demand for LED lights to meet the public lighting needs.

Growth of Smart LEDs: According to the Consumer Technology Association, smart city spending is expected to reach USD 26 billion by 2020. Smart buildings will accelerate the adoption of smart lighting more than any other segment. Connected lighting systems are anticipated to emerge as one of the most critical components of the smart city infrastructure by contributing largely to the sustainability goals of the projects.

The report titled Global LED Lighting Market Outlook to 2025– Rise in Government Interventions, Rapid Technological Advancements and Rise in Smart City Projects will Drive the Marketprovides a comprehensive analysis on global LED Lighting market. The report covers various aspects including the current global lighting scenario in value, its segmentations viz, type of LEDs, sales channel, technology, end users and regional analysis, major trends and development, issues and challenges, government regulations and competition benchmarking. The report concludes with market projections for future of the industry including forecasted industry size by revenue and prices.

Key Segments Covered:-

By Type of LED

Luminaires

Lamps

By Type of LED Luminaries

Troffers

Downlights

High Bay

Outdoor Area Lights

Roadway Fixtures

Other Luminaries

By Type of LED Lamps

A-Lamps

Tubes

Reflectors

Other Lamps

By Usage

Indoor

Outdoor

By End User

Commercial

Residential

Industrial

Others

By Distribution Channel

Retail Sales

Project Sales

By Region

Asia-Pacific

North America

Europe

Latin America

Middle East and Africa

Companies Covered:-

Signify

OSRAM

GE Lighting

Acuity Brands

Cooper Industries (Eaton)

Zumtobel Group

Seoul Semiconductor

Everlight Electronics

Cree Inc.

Dialight PLC

Syska LED

Bajaj Electricals

Panasonic

PT. Honoris Industry

Solarens Ledindo

PT. Holz International Technology

Firefly Electric and Lighting

Yatai International

Akari Lighting & Technology

TCP Holdings

Hubbell Incorporated

Felio Sylvania

Nikkon

NVC Lighting

National Lighting Company

Al Nasser Group

Key Target Audience:-

LED Lighting Manufacturers

LED Lighting Suppliers

LED Lighting OEMs/Assemblers

LED Lighting Importers/Exporters

Research organizations and consulting companies

Government bodies such as regulating authorities and policy makers

Market research and consulting firms

Time Period Captured in the Report:-

Historical Period – 2014-2019

Forecast Period –2019-2025F

Key Topics Covered in the Report:-

Executive Summary

Opportunity Landscape in Global LED Lighting Market

LED penetration in General Lighting Market

 Key Market Drivers in the Global LED Lighting Market

Global LED Lighting Market Introduction and Overview

Industry Life Cycle of LED Lighting Market

Value Chain of Global LED Lighting Market

Demand & Supply Side Ecosystem, Preferences & Trends across Global LED Lighting Market

Global LED Lighting Market by Revenue

Global LED Lighting Market by Type

Global LED Lighting Market by Usage

Global LED Lighting Market by End Users

Global LED Lighting Market by Regions (APAC, Europe, North America, Latin America and Middle East)

Competitive Factors and Assessment in various regions

Market Trends and Development

Market Issues and Challenges

Government Rules and Regulations

Global LED Lighting Market Competition

Global LED Lighting Market Future Outlook

Upcoming Technologies in the Lighting Market

Analyst Recommendations

For More Information on the research report, refer to below link:-

Global LED Lighting Market

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Global Led Glass Market Report 2020 By Key Players, Types, Applications, Countries, Market Size, Forecast To 2026 (Based On 2020 COVID-19 Worldwide Spread)

UAE LED Lighting Market Outlook To 2023- By LEDs Lamps (LED Reflectors, LED Tubes, Others); Luminaires (Downlights, Troffers, Outdoor Area Lights, Roadway Fixtures, Spot Lights And Other Luminaires), By Usage (Indoor And Outdoor), By End Users

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Global Shiitake Mushroom market Research Report: Ken Research

The global Shiitake Mushroom market was valued at 360.03 Million USD in 2020 and will grow with a CAGR of 3.48% from 2020 to 2027, based on HNY Research newly published report.

The prime objective of this report” Global and Regional Shiitake Mushroom Industry Status and Prospects Professional Market Research Report Standard Version 2021-2027” is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

The shiitake is an edible mushroom native to East Asia, which is cultivated and consumed in many Asian countries. It is considered a medicinal mushroom in some forms of traditional medicine.Asia Pacific will dominate the shiitake mushroom market and is estimated to reach the market share of USD 1.7 billion in the year 2017. Consumption of shiitake mushroom from RoW is projected to witness a high growth rate of 15.01% during the given period owing to the increasing awareness and rise in application of shiitake mushroom in various industries.

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By Market Verdors:

Bonduelle SA (France)

Mitoku Company(Japan)

The Mushroom Company (US)

Modern Mushroom Farms (US)

Hirano Mushroom LLC (Kosovo)

Banken Champignons (the Netherlands)

By Types:

Fresh

Dried

By Applications:

Food

Pharmaceuticals

Cosmetics

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market's competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.



Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

Besides the standard structure reports, we also provide custom research according to specific requirements.

For More Information, refer to below link:-

Global Shiitake Mushroom Market Research Report

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Rapid Growth in Women Fitness Centers along with Strong Government Support towards the National Transformation Plan’s goal of Improving Fitness Levels among Saudi Arabians will Reduce the Growth Slump caused by the Covid Pandemic: Ken Research

The government of Saudi Arabia lifted curfew across all regions of the country, except Makkah as of 26th April. While the order allows shopping centers to reopen, gyms, beauty clinics, salons, cinemas and restaurants will continue to be restricted from re-opening.

In light of the Covid situation, Fitness Time, the leading fitness services brand in Saudi Arabia, has drafted a brief outline for reopening its clubs post the opening of the curfew. It aims to start a Marketing Campaign in June 2020, and hopes to target SAR 100 million subscription income.

The Saudi government in March 2020, launched the “Your Home, Your Gym” campaign, encouraging citizens to workout at home and share their videos online. The initiative has been supported by the Ministry of Sports and the Saudi Arabian Olympics Committee.

Government Initiatives set to Drive Future Growth: The Saudi government is now playing an extensive part in developing the fitness levels of the citizens of the country. High obesity levels, high inactiveness levels and low participation rates in physical activities are problems prevalent across both men and women in Saudi Arabia. The licensing of female only gyms was a step in the right direction, towards improving fitness levels of women in the Kingdom. Regular health camps, releasing of online workout videos through partnership with fitness trainers and other initiatives towards enhancing the physical activity levels of Saudi Arabian citizens will act as a stimulus towards the growing adoption of fitness services in the Kingdom.

Fitness Services Diversification and Portfolio Expansion: There has been a stress towards developing additional and supplementary services, on the part of fitness service brands. The move has been a reaction to increasing demand for services such as Zumba classes, Pilates, Cross-fit, Kickboxing, MMA, Sauna, Salon and Spa among many others. Moreover, gyms are now offering their members the entire fitness service solution, by offering nutritional products such as dietary supplements and proteins, fitness apparel and fitness products. In this way, they are catering to the entire fitness journey of their members, from fitness activities, to diet to consultation. This trend would be in focus in the future, with fitness brands looking to focus more on enhancing member retention through enhanced customer satisfaction.

Emergence of Online Workouts: With the Covid situation restricting any face-to-face fitness activity during the curfew period in the Kingdom, many fitness brands have resorted to digital methods to keep their members fit and engaged. Fitness service brands have started to regularly post online workout videos accompanied by heath and diet tips, to assist their members to workout from the comfort of their home. Some fitness centres have also introduced paid online personal classes, which allow the customer to virtually simulate the workout routine, with the help of a personal trainer. The curfew period for gyms, may act as a blessing in disguise for gym centres, as with the help of technology, they are now able to target an even larger audience, which may enroll full-time at the gym, once the situation eases out.

Analysts at Ken Research in their latest publication "Saudi Arabia Fitness Services Market Outlook to 2025- By Market Structure (Organized and Unorganized), By Revenue Stream (Membership, Personal Trainer and Supplementary Services), By Regions (Riyadh, Jeddah, Dammam, Al Khobar, Makkah and Madinah and others), By Subscription (3 months, 6 months, 1 year and others), By Gender (Male and Female), By Age (Below 18 years, 19 to 30 years, 31 to 60 years and above 60 years) and By Income Group (Below SAR 38,000, SAR 38,000 to SAR 94,000, SAR 94,000 to SAR 150,000 and above SAR 150,000)" observed that rising female adoption of fitness services, heavy investment by fitness center brands to target remote areas & the nascent women fitness segment and supportive government measures in light of the realization of the National Transformation Plan’s goals will drive steady growth in the Fitness Services Market in Saudi Arabia. The Saudi Arabia Fitness Services industry is expected to grow at a CAGR of ~10.7% in terms of revenues during the period 2019-2025.

Key Segments Covered:-

By Market Structure

Organized

Unorganized

By Revenue Stream

Membership

Personal Training

Supplementary Services

By Regions

Riyadh

Jeddah

Dammam

Al Khobar

Makkah and Madinah

Others

By Subscription

3 Months

6 Months

1 Year

Others

By Gender

Male

Female

By Age

Below 18 years

19 to 30 years

31 to 60 years

Above 60 years

By Income Group

Below SAR 38,000

SAR 38,000 to SAR 94,000

SAR 94,000 to SAR 150,000

Above SAR 150,000

Key Target Audience:-

Fitness Service Providers

Fitness Service Equipment Manufacturers

Ministry of Sports

Industry Associations

Investors/VC’s

Time Period Captured in the Report:-

Historical Period: 2014-2019

Forecast Period: 2019-2025

Fitness Brands Covered:-

Fitness Time

Body Masters

NuYu

Golds Gym

9 Round

Interval Plus Crossfit

Fitness First

Arena MMA Fitness

The Power Gym

Active Time

Lava Fitness

Spectrum Wellness for Women

Kore

Glow Fit

Studio 55

Pulse Studio

Kinetico

World Gym

Tytans Fitness

Curves

Glamour Fitness

Fit Zone

Fitness Maker

Muscles Factory

Other Players include G-Fit, B-Well Center, Fitness Inn, Areka, Iron Hill Crossfit, Fitness World, Marom Club, Rio Gym and Wazen Gym

Key Topics Covered in the Report:-

Benchmarking of Saudi Fitness Services Market and Global Fitness Services Market

Business Model of Fitness Service Operators in Saudi Arabia

Market Sizing Analysis of Fitness Services in Saudi Arabia

Market Segmentation Analysis of Fitness Services in Saudi Arabia

Emerging Trends and Developments in Saudi Arabia Fitness Services Market

Issues and Challenges in Saudi Arabia Fitness Services Market

Customer Decision Making Parameters

Pain Points of Customers

Competitive Landscape

Market Share of Unorganized Players in Fitness Services Market in Saudi Arabia

Company Profiles of Major Players (Fitness Time, Body Masters, NuYu, Fitness First, Glamour Fitness, NuYU, Gold’s Gym and Others)

Covid Impact on Saudi Arabia Fitness Services Market

Future Outlook of Saudi Arabia Fitness Services Market

Analyst Recommendations for New Entrants and Existing Players

B Platform Choosing Criteria for Packaging manufacturers

Penetration of Online Retail Products & their Packaging Implications

For More Information on the research report, refer to below link:-

Saudi Arabia Fitness Services Market

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Vietnam Fitness Services Market Outlook to 2023 - By Subscription Period, By Organized and Unorganized, By Revenue Streams (Membership Fee and Personal Trainer Fee)

Oman Fitness Services Market Outlook to 2022 - By Gym Membership and Personal Training, by Region (Al Batinah North, Al Batinah South, Ad Dakhiliyah, Dhofar and Muscat) , by Gender and by Membership Subscription (Annual, 6 months, 3 months, 1 month)

UAE Fitness Services Market Outlook to 2022 - By Market Structure (Organized and Unorganized), By Subscription Period (1month, 3months, 6months and 1year), By Region (Dubai, Abu Dhabi, Sharjah and others), By Revenue Stream (Membership Fee and Personal Trainer Fee)

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Ken Research
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