Hospital Lighting Market – Major Revenue Growth Expectations in Near Future
The major factors contributing to the growth of the global hospital lighting market include the increase in adoption of LED technology, increasing size of hospitals in Europe and North America and technological enhancement will offer new opportunities during the forecast period.The hospital lighting market is projected to reach USD 7.03 Billion by 2021 from USD 5.19 Billion in 2016, at a CAGR of...
Hospital Lighting Market worth 7.03 Billion USD by 2021
The report provides a detailed overview of the major drivers, opportunities, and strategies impacting the hospital lighting market along with the estimates and forecasts of the revenue and market share analysis. The hospital lighting market is projected to reach USD 7.03 Billion by 2021 from USD 5.19 Billion in 2016, at a CAGR of 6.2% from 2016 to 2021.
The major factors contributing to the growth...
Key Players in the Hospital Lighting Market are Focusing on Product Launches
The Hospital Lighting Market is consolidated in nature due to the presence of a few large players. The prominent players in the market include are General Electric Company (U.S.), Acuity Brands Lighting Inc. (U.S.), Cree Inc. (U.S.), Eaton Corporation PLC (Ireland), Hubbell Incorporated (U.S.), Koninklijke Philips N.V. (Netherlands), and Zumtobel Group AG (Austria). Other players in this market include...
Hospital Lighting Market – Global Growth Driving Factors | Emerging Trends
The increasing adoption of led based lighting products to drive the hospital lighting market to reach USD 7.03 billion by 2021
The increasing adoption of LED based lighting products and increasing number of hospital in emerging economies are the key factor driving the market growth. Moreover, increasing government support to energy efficiency program for hospitals is contributing to the growth of market.
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