BELGIUM LED LIGHTING MARKET
INTRODUCTION
For a multitude of reasons, most notably their longer lifespans, lower energy usage, and need for less maintenance, LEDs have completely taken over the conventional lighting business.
Compared to conventional incandescent, fluorescent, and halogen lighting options, LED lights consume roughly 50% less electricity, which results in significant energy cost savings, especially for locations where the lights are left on for lengthy periods of time.
In addition, LEDs transmit light—and heat—only in a certain direction, unlike conventional bulbs. LEDs are resilient to shattering and are largely resistant to vibrations and other shocks because they lack filaments or glass surrounds.
BELGIUM LED LIGHTING MARKET SIZE AND FORECAST
The Belgium LED lighting market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.
RECENT PARTNERSHIP
Hugo Neumann of Belgium and Vexica have launched an interesting new relationship. The distribution of Vexica’s flexible family of products, including the distinctive omnidirectional Flexi-light, is covered by the agreement.
Additionally, Vexica will distribute its new Lumaera PU resin IP67 encapsulated LED luminaires, which can be connected end to end to graze a building facade, feature, or wall lighting detail without creating a shadowy end cap.
With an increasing business opportunity in India’s Rs 4,000 crore lighting market, Wipro Lighting has partnered with global lighting solutions company Schreder, located in Belgium, to market its smart and connected outdoor lighting products and solutions there.
A partnership agreement for LED lighting was signed by Chinese and Belgian government organisations in Hasselt, the provincial capital of Limburg in eastern Belgium.
The organisations will collaborate to implement LED lighting engineering projects in Belgium and other European nations’ schools, hospitals, farms, and public infrastructure.
COMPANY PROFILE
- LEDTECHNIC
- NEORAM
- ADVENSE
- LUMIDEE
- LUMINA INDUSTRIES
- ALLBEX
- ILVRIS
- HAVELLS SYLVANIA
THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
- What is the average cost per Belgium LED lighting market right now and how will it change in the next 5-6 years?
- Average cost to set up a LED lighting market in Belgium?
- How many Belgium LED lighting market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
- What is happening in the overall public, globally?
- Cost breakup of a Belgium LED lighting market and key vendor selection criteria
- Where is the Belgium LED lighting market manufactured? What is the average margin per equipment?
- Market share of Belgium LED lighting market manufacturers and their upcoming products
- The most important planned Belgium LED lighting market in next 2 years
- Details on network of major Belgium LED lighting market and pricing plans
- Cost advantage for OEMs who manufacture Belgium LED lighting market in-house
- 5 key predictions for next 5 years in Belgium LED lighting market
- Average B-2-B Belgium LED lighting market price in all segments
- Latest trends in Belgium LED lighting market, by every market segment
- The market size (both volume and value) of Belgium LED lighting market in 2022-2030 and every year in between?
- Global production breakup of Belgium LED lighting market, by suppliers and their OEM relationship
