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Global led work light market anaysis and forecast from the year 2021 to 2027

Different end users across the world are buying LED work light fixtures with high quality, efficiency, longevity, durability, and lower maintenance. Since LED work lights have more energy saving and durablity advantages, many end-use industries are increasingly using these light fixtures. For instance, LED work lights to have a significantly high service life of around 30,000 hours (for Epistar LED) to 50,000 hours (for CREE LED) working life when compared with traditional halogen lamps, which have service lives of around 150 to 540 hours. For this reason, these factors are expected to drive growth of the global LED work light market from 2021 to 2027.

Many end users are increasingly turning to LED work light fixtures with new features and advanced capabilities. There is a high market trend for LED work light fixtures that can be remotely controlled. Users can direct a brilliant LED light anywhere they need by simply using the lamp’s remote control kit. For instance, workers on-site need to adjust the beam direction of LED work lights from long way.  Larson Electronics, a world-famous manufacturer of LED work lights has developed a product range of remote-controlled LED work lights that provide users the facility of adjusting lighting fixtures. These factors will help the market growth of global LED work light in the near future.

Europe held dominant position in the global LED work light market in the year 2020, accounting for 35.2% share in terms of value, followed by Asia Pacific, North America, Latin America and MEA separately.
The market share of different continents and areas in the year 2020

According to Coherent Market Insights’ analysis, since 2011, the global market of LED work lights products has been growing annually by more than 10% consistently. It has been agreed that the market ratio of lighting fixtures and replacement light sources was 8:2.

The global LED work light market is estimated to account for US$ 11,620.6 Mn in terms of value by the end of 2027.
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