Global Filament LED Bulb Market Research Report 2023(Status and Outlook)

Global Filament LED Bulb Market Research Report 2023(Status and Outlook)

Report Overview

Filament LED Bulb is an incandescent lamp made of LED, which is manufactured according to the form of incandescent lamp, and can directly replace incandescent lamp. The advantages of LED filament lamp are very obvious: 1. Because the package device is full circumferential luminous type, the primary optical loss is small, so the light efficiency of LED filament lamp is high; 2, LED filament lamp filament itself is full circle luminescence, secondary optical light distribution cost is reduced; 3. The LED filament lamp relies on the gas to dissipate heat, so the metal plastic structure is changed to glass; 4, LED filament lamp can use HV circuit structure to achieve simple dimming function.

Global Filament LED Bulb key players include Ledvance, Philips, GE, etc. Global top 3 manufacturers hold a share over 41%.

China is the largest market, with a share about 36%, followed by North America, and Europe, both have a share about 34 percent.

In terms of product, 40W is the largest segment, with a share over 47%. And in terms of application, the largest application is Restaurant, followed by Bar, Hotels & Resorts, Family, Cafe, Others.

The Global Filament LED Bulb Market Size was estimated at USD 4055.00 million in 2022 and is projected to reach USD 14872.24 million by 2029, exhibiting a CAGR of 20.40% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Filament LED Bulb market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Filament LED Bulb Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Filament LED Bulb market in any manner.

Global Filament LED Bulb Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Ledvance

Philips

GE

OPPLE

FSL

SUNSHINE Lighting Limited

Opus Lighting Technology

RÁBALUX

Feit Electric

Hyperikon, Inc.

Market Segmentation (by Type)

25W

40W

60W

Others

Market Segmentation (by Application)

Residential

Commercial

Institutional

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Filament LED Bulb Market

Overview of the regional outlook of the Filament LED Bulb Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors