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Global Bluetooth LED Bulb Market Outlook to 2025: Projected to Exhibit a CAGR of 16.8%

Dublin, Oct. 10, 2019 (GLOBE NEWSWIRE) -- The "Bluetooth LED Bulb - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

Bluetooth LED Bulb market worldwide is projected to grow by US$323 Million, driven by a compounded growth of 16.8%.

Residential, one of the segments analyzed and sized in this study, displays the potential to grow at over 15.9%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$215.8 Million by the year 2025, Residential will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 17.9% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$12.6 Million to the region's size and clout in the next 5 to 6 years. Over US$15.4 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Residential will reach a market size of US$16.9 Million by the close of the analysis period.

As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 16.5% over the next couple of years and add approximately US$56.9 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific.

All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include:

  • Acuity Brands Lighting Inc.
  • Delta Light
  • Eaton Corporation PLC
  • Evluma
  • General Electric Company
  • ilumi Solutions Inc.
  • LEDVANCE GmbH
  • Luceco PLC
  • Opple Lighting Co. Ltd.
  • OSRAM GmbH

For more information about this report visit https://www.researchandmarkets.com/r/to1jxi

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

CONTACT: ResearchAndMarkets.com
         Laura Wood, Senior Press Manager
         press@researchandmarkets.com
         For E.S.T Office Hours Call 1-917-300-0470
         For U.S./CAN Toll Free Call 1-800-526-8630
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