The future looks bright for the LED lighting market in Europe. It is anticipated to grow due to factors such as increasing demand for energy efficient lighting solutions, need to cut down electricity related costs, high disposable income, and rising investments in infrastructure.
Elderly care homes and healthcare facilities are the emerging segments in the Europe LED lighting market. The care centers are adopting facility transformation initiatives that include the replacement of conventional lighting systems with the innovative LED technologies. These lighting units improve the residents’ moods and provide appropriate illumination & brightness.
Deployment of LED products in retrofit installations is a rapidly emerging trend across the Europe LED lighting market due to the low CO2 emissions benefits and their capabilities to be incorporated with the smart lighting control systems.
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