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A table lamp is a small electric lamp that stands on a table. Increasing demand for LED table lamps due to its energy-efficiency as they consume 80% less power than incandescent lamps. Additionally, LED lamps have greater durability and can last up to 40 times longer than incandescent lamps. Growing demand for energy-efficient and sustainable lighting systems is the key driving factor for the LED table lamps market growth. Moreover, the growing usage of advanced lighting systems to enhance home decor is also fueling the LED table lamps market in the coming years.
Top Companies Covered in this Report:
- Ingo Maurer GmbH
- Inter IKEA Systems B.V
- Jamie Young Co.
- Koninklijke Philips N.V.
- Ningbo Liang Liang Lighting Factory
- OPPLE Lighting Co., Ltd
- Panasonic Corporation
- Shenzhen Redsun Electronics Co., Ltd
- Zhongshan Huayi Lighting Co., Ltd.
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What is the Dynamics of LED Table Lamps Market?
The rising popularity of smart homes, especially in developing economies such as India, China, Japan, Brazil, and others, is propelling the product demand that anticipates the growth of the LED table lamps market. Further, a rise in disposable income, improvement in the living standards, growing spending on luxury, comfort, and lifestyle products is rising demand for energy-efficient, lightweight, and durable home decor products, which are expected to influence the LED table lamps market growth.
What is the SCOPE of LED Table Lamps Market?
The “Global LED Table Lamps Market Analysis to 2027” is a specialized and in-depth study of the LED table lamps industry with a special focus on the global market trend analysis. The report aims to provide an overview LED table lamps market with detailed market segmentation as product, application, distribution channel, and geography. The global LED table lamps market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading LED table lamps market players and offers key trends and opportunities in the LED table lamps market.
What is the Market Segmentation?
The global LED table lamps market is segmented on the basis of product, application, distribution channel. On the basis of product the market is segmented as reading lamp, decorative lamp. On the basis of application the market is segmented as household, commercial. On the basis of distribution channel the market is segmented as offline, online.
What is the Regional Framework of LED Table Lamps Market?
The report analyzes factors affecting LED table lamps market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the LED table lamps market in these regions.
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