What is Light Pipes Market?
The light pipe is a very practical and simple solution for the means of transmitting light along the length of the tube, which is similar to a fiber optic cable. So if there is a bright light at one end, these leaks will illuminate the entire length of the pipe. The light guide helps to improve the display quality and to make the light distribution more flexible. Light guides are mostly used for decorative applications, they can even be used for e-textile projects. With the diverse range of standard light guides available, they are used in a wide variety of markets including industrial control, communications equipment, medicine, life safety, and lighting applications with a small space accent. In addition, integrating LEDs in light guide kits is a very cost-effective option that helps reduce complicated steps required to transport light from one end to the other. The light guide is made of glass or optical substances and polycarbonate and can therefore take different shapes and lens caps. Thus, light guides can be clad or mounted on surfaces or mounted on printed circuit boards.
The market study is being classified by Type (Flexible Light Pipes and Rigid Light Pipes), by Application (Residential, Commercial and Industrial) and major geographies with country level break-up.
Gibraltar Industries, Inc. (United States), BIVAR (United States), Orion Energy Systems Inc. (United States), VKR Holding A/S (Denmark), Elite Solar Systems, Inc. (United States), Skydome Skylight Systems Pty. Ltd. (Australia), OSRAM Licht AG (Germany), Solatube International, Inc. (United States), Bivar, Inc. (United States) and Lumex Inc. (United States) are some of the key players profiled in the study.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Light Pipes market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Light Pipes market by Type, Application and Region.
On the basis of geography, the market of Light Pipes has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- The Rising Urbanization
- Growing Demand for Lighting Solutions
- Increasing Demand for Cost-Effective Solutions
- The Rising Disposable Incomes
- Growing Initiatives to Encourage the Usage of Energy Efficient Products
- High Volume Construction in Developing As Well As Developed Economies
- High Costs of These Pipes
- Increasing Regulations by the Government to Reduce the Consumption of Energy in Commercial As Well As Residential Buildings
- Government Schemes and Investments for Construction of Green or Energy Efficient Buildings
- Limited Awareness about Light Pipes in Under Developed Countries
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Manufacturers of Light Pipes, Suppliers and Distributors of Light Pipes, Venture Capitalists and Private Equity Firms and End-Use Industry
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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