LED panel light is a modern general lighting fixture that can be fitted using recessed type, embedded type or suspended type installation. These lights are highly energy efficient and cost-effective, long-lasting, give uniform light output, require less maintenance and offer increased flexibility with their recessed versions. Unlike fluorescent light fixtures, LED panel light can start instantly, have no-restrike delays and are quite easy to install in fast retro-fitting situations. They come in various shapes, sizes and designs and are suitable for offices & conference rooms, hotels & restaurants, showrooms & malls, hospitals & laboratories, educational institutes, etc. Today, they are being considered as a green alternative to traditional light fixtures as they are constructed with non-hazardous materials like- high grade extruded aluminium and steel (often coated/finished with white powder) which have no disposal issues. With some advanced features like dimmability, remote plug and play drivers, maintained three hours emergency options, compatibility with building controls, motion sensors and timers, they are rapidly gaining popularity in highly controlled environments.
IMARC’s latest study “LED Panel Light Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” provides a techno-commercial roadmap for setting up an LED panel light manufacturing plant. The study covers all the requisite aspects of the LED panel light market. This ranges from macro overview of the market to micro details of the industry performance, processing and manufacturing requirements, project cost, project funding, project economics including expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the LED panel light market in any manner.
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