the present scenario (with the base year being 2017) and the growth prospects of global LED Light Bulbs market for 2018-2023.
LED Light Bulbs [LED Lighting] is a kind semiconductor light-emitting solid device, which can convert the energy from an electric current into light.
At present, in the foreign industrial developed countries the LED Light Bulbs industry is generally at a more advanced level, the world’s large enterprises are mainly concentrated in Asia.
The global LED Light Bulbs market will reach revenue of approximately 23471.61 M USD in 2015, and is expected to reach 32200.15 M USD in 2021.
Global giant manufactures mainly distributed in China and Europe. Osram and Philips captured the top two revenue share spots in the LED Light Bulbs market in 2015. MUSASHI dominated with 6.71% production volume share, followed by Philips with 6.88% production volume share.
Over the next five years, LPI(LP Information) projects that LED Light Bulbs will register a 6.5% CAGR in terms of revenue, reach US$ 3460 million by 2023, from US$ 2370 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of LED Light Bulbs market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
WALL washer light
Segmentation by application:
This report also splits the market by region:
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global LED Light Bulbs consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of LED Light Bulbs market by identifying its various subsegments.
Focuses on the key global LED Light Bulbs manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the LED Light Bulbs with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of LED Light Bulbs submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.