The global LED table lamps market size is expected to reach USD 13.37 billion by 2025 registering a CAGR of 15.2%, according to a new report by Radiant Insights, Inc.
In addition, growing popularity of smart homes, especially in developing economies including China and India, is propelling the product demand.
Download Free Sample Report @ https://www.radiantinsights.com/research/led-table-lamps-market/request-sample Decorative products was the largest segment in 2018 with a market share of more than 60%.
The new product has four different modes and has its own voice-controlled smart assistant.
Some of the prominent companies in the global market are Koninklijke Philips N.V.; OSRAM GmbH; Ningbo Liangliang; General Electric Company; SYSKA LED; Panasonic Corp.; GUANYA; OPPLE Lighting; Donghia, Inc.; and Yingke Lighting Electric Co., Ltd. Further key findings from the study suggest: • Commercial application segment led the global LED table lamps market in 2018 and will retain its dominant position throughout the forecast years due to wide product usage in offices, restaurants, etc.
• Decorative lamps is expected to be the fastest-growing as well as the largest product segment during the forecast years • Offline distribution channel is the largest segment; however, online segment will expand at the maximum growth rate from 2019 to 2025 • APAC will be the largest and fastest-growing market from 2019 to 2025 due to the presence of emerging economies along with a number of initiatives and policies encouraging the usage of energy-efficient lighting system Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/led-table-lamps-market Table of Contents Chapter 1.