Market Overview:
The global nuclear LED lighting market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy-efficient lighting solutions and the growing awareness about the benefits of LED lights over traditional lighting solutions. The emergency light segment is expected to hold the largest share of the global nuclear LED lighting market in 2018, owing to its ability to provide backup power during emergencies or power outages. The high bay light segment is projected to grow at a higher CAGR than other segments during the forecast period, as it offers superior performance and efficiency compared with other types of lights. Regionally, North America is expected to lead the global nuclear LED lighting market in terms of revenue in 2018, followed by Europe and Asia Pacific.
Product Definition:
Nuclear LED Lighting is a type of LED lighting that uses nuclear power to produce light. The importance of Nuclear LED Lighting is that it is a sustainable and environmentally friendly source of light that does not produce any harmful emissions.
Emergency Light:
Emergency light is a portable source of electric light, which is used in case of power outages at home or any other natural calamities. It can also be used as a vehicle lighting for night driving or trekking purposes. The emergency lights market has been witnessing significant growth over the past few years on account of growing awareness among consumers regarding its use in critical situations.
High Bay Light:
High bay light is a lighting system that provides illumination in the forward part of a nuclear plant's containment vessel. It is used to illuminate the water for cooling the fuel rods and equipment located within it. The high bay lights are generally installed at each end of the containment vessel, but some plants have them placed inside near reactor coolant pumps or emergency core cooling systems.
Application Insights:
Land lighting dominated the global nuclear LED lighting market in terms of revenue share in 2017. The application is projected to witness significant growth over the forecast period owing to its wide scope of application and growing demand for energy-efficient solutions. Nuclear reactors are usually built with thick concrete walls, which necessitates high bay lights for illumination purposes. These lights consume less power and emit low heat, which makes them ideal for underground applications as well.
The underground lighting segment is expected to grow at a rapid pace over the forecast period due to increasing adoption across various industries such as mining, oil & gas and defense among others. Low-power nuclear reactors can be used without any problems in mines since they do not produce any heat or radiation that would affect people working below ground level., Underground applications include tunnels, basements/caves/grottos etc.; these require emergency lightings as well as general purpose bays & gallerys (GPB).
Regional Analysis:
The Asia Pacific held the largest market share in 2016 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid urbanization, which has led to an increase in infrastructure development projects across countries such as China, India, Japan and South Korea. This factor is anticipated to fuel industry growth over the next eight years.
China’s nuclear power program includes construction of new reactors at two sites: Sanmen site in Henan province (operation start-up 2020) and Ningde site in Sumatra (operation start-up 2022). In addition, China plans for a total installation of 58 GW nuclear capacity by 2030; however this target may be difficult to achieve considering current policies against nuclear energy adoption across various nations within the region including U.S., Germany and France among others.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Growing awareness about the benefits of LED lighting
- Proliferation of smart cities and the Internet of Things (IoT)
- Rising demand from commercial and industrial sectors
- Technological advancements in nuclear LED lighting
Scope Of The Report
Report Attributes
Report Details
Report Title
Nuclear LED Lighting Market Research Report
By Type
Emergency Light, High Bay Light, Underwater Light
By Application
Land Lighting, Underground Lighting
By Companies
Anhui Sunny Electric, Dialight, Honland Lighting, BIRNS, Ahlberg Cameras, BGB
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Nuclear LED Lighting Market Report Segments:
The global Nuclear LED Lighting market is segmented on the basis of:
Types
Emergency Light, High Bay Light, Underwater Light
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Land Lighting, Underground Lighting
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Anhui Sunny Electric
- Dialight
- Honland Lighting
- BIRNS
- Ahlberg Cameras
- BGB
Highlights of The Nuclear LED Lighting Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Emergency Light
- High Bay Light
- Underwater Light
- By Application:
- Land Lighting
- Underground Lighting
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Nuclear LED Lighting Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Nuclear LED lighting is a type of LED lighting that uses nuclear reactors to create light. The heat from the nuclear reactor creates an intense light source that can be used in various applications, such as streetlights and industrial lights.
Some of the major players in the nuclear led lighting market are Anhui Sunny Electric, Dialight, Honland Lighting, BIRNS, Ahlberg Cameras, BGB.
The nuclear led lighting market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Nuclear LED Lighting Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Nuclear LED Lighting Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Nuclear LED Lighting Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Nuclear LED Lighting Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Nuclear LED Lighting Market Size & Forecast, 2020-2028
4.5.1 Nuclear LED Lighting Market Size and Y-o-Y Growth
4.5.2 Nuclear LED Lighting Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Emergency Light
5.2.2 High Bay Light
5.2.3 Underwater Light
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Land Lighting
6.2.2 Underground Lighting
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Nuclear LED Lighting Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Nuclear LED Lighting Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Emergency Light
9.6.2 High Bay Light
9.6.3 Underwater Light
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Land Lighting
9.10.2 Underground Lighting
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Emergency Light
10.6.2 High Bay Light
10.6.3 Underwater Light
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Land Lighting
10.10.2 Underground Lighting
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Emergency Light
11.6.2 High Bay Light
11.6.3 Underwater Light
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Land Lighting
11.10.2 Underground Lighting
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Emergency Light
12.6.2 High Bay Light
12.6.3 Underwater Light
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Land Lighting
12.10.2 Underground Lighting
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Emergency Light
13.6.2 High Bay Light
13.6.3 Underwater Light
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Land Lighting
13.10.2 Underground Lighting
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Nuclear LED Lighting Market: Competitive Dashboard
14.2 Global Nuclear LED Lighting Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Anhui Sunny Electric
14.3.2 Dialight
14.3.3 Honland Lighting
14.3.4 BIRNS
14.3.5 Ahlberg Cameras
14.3.6 BGB
