Opportunity and Forecast 2017-2022 of LED Tube light Market
LED Tube lights currently represent the most energy efficient means of linear tube lighting. These lights offer smooth, constant and crystal clear supply of light throughout the area in which they are set-up. Due to their high energy efficiency and a longer life, these lights are rapidly replacing fluorescent tube lights that are used very often in commercial and residential buildings. Unlike fluorescent tubes (that tend to burn out faster when integrated with occupancy sensors and other controls), LED tube lights work perfectly with control systems, since their life is not affected by turning them on/off. They have a longer life span of 50,000 to 100,000 hours, which is 55-75 times more than their traditional counterparts.These eco-friendly lights offer maximum light output along with energy savings and come in a wide array of color temperatures. Because of their unique solid-state design, LED tube lights require no warm up time, are light weight, extremely durable and require virtually no maintenance.
IMARC’s latest study “LED Tube Light Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022” provides a techno-commercial roadmap for setting up an LED tube Light manufacturing plant. The study covers all the requisite aspects of the LED tube light market. This ranges from macro overview of the market to micro details of the industry performance, processing and manufacturing requirements, project cost, project funding, project economics including expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the LED tube light market in any manner.