Global LED Strip Market Research Report 2023(Status and Outlook)

Global LED Strip Market Research Report 2023(Status and Outlook)



Report Overview

LED Strip is also called Flex LED Strip. Flex LED strip lights are thin flexible printed circuit boards with LEDs and resistors attached that populated by surface mounted light-emitting diodes (SMD LEDs) that usually comes with an adhesive backing. These LED strips come in many configurations meaning one can be very bright to light an entire room and another less bright for accent lighting. LED flexible strips can also be made to use any usable wavelength or color that is desired for your home or business project.

Global LED Strip key players include OML Technology, Jiasheng Lighting, LEDVANCE, Philips, Forge Europa, etc. Global top five manufacturers hold a share about 25%. Asia-Pacific is the largest market, with a share about 40%, followed by Europe, with a share about 30 percent. In terms of product, 5050 is the largest segment, with a share about 65%. And in terms of application, the largest application is Commercial Application, followed by Home Application.

The Global LED Strip Market Size was estimated at USD 956.00 million in 2022 and is projected to reach USD 2558.50 million by 2029, exhibiting a CAGR of 15.10% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global LED Strip 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 LED Strip 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 LED Strip market in any manner.

Global LED Strip 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

Forge Europa

LEDVANCE

Ledridge Lighting

Digital Advanced Lighting

Lighting Ever

LEDMY

Market Segmentation (by Type)

5050

3528

Others

Market Segmentation (by Application)

Electrical Industry

Electronic Devices

Others

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 LED Strip Market

Overview of the regional outlook of the LED Strip 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


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of LED Strip
1.2 Key Market Segments
1.2.1 LED Strip Segment by Type
1.2.2 LED Strip Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 LED Strip Market Overview
2.1 Global Market Overview
2.1.1 Global LED Strip Market Size (M USD) Estimates and Forecasts (2018-2029)
2.1.2 Global LED Strip Sales Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 LED Strip Market Competitive Landscape
3.1 Global LED Strip Sales by Manufacturers (2018-2023)
3.2 Global LED Strip Revenue Market Share by Manufacturers (2018-2023)
3.3 LED Strip Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global LED Strip Average Price by Manufacturers (2018-2023)
3.5 Manufacturers LED Strip Sales Sites, Area Served, Product Type
3.6 LED Strip Market Competitive Situation and Trends
3.6.1 LED Strip Market Concentration Rate
3.6.2 Global 5 and 10 Largest LED Strip Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 LED Strip Industry Chain Analysis
4.1 LED Strip Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of LED Strip Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 LED Strip Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global LED Strip Sales Market Share by Type (2018-2023)
6.3 Global LED Strip Market Size Market Share by Type (2018-2023)
6.4 Global LED Strip Price by Type (2018-2023)
7 LED Strip Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global LED Strip Market Sales by Application (2018-2023)
7.3 Global LED Strip Market Size (M USD) by Application (2018-2023)
7.4 Global LED Strip Sales Growth Rate by Application (2018-2023)
8 LED Strip Market Segmentation by Region
8.1 Global LED Strip Sales by Region
8.1.1 Global LED Strip Sales by Region
8.1.2 Global LED Strip Sales Market Share by Region
8.2 North America
8.2.1 North America LED Strip Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe LED Strip Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific LED Strip Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America LED Strip Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa LED Strip Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Forge Europa
9.1.1 Forge Europa LED Strip Basic Information
9.1.2 Forge Europa LED Strip Product Overview
9.1.3 Forge Europa LED Strip Product Market Performance
9.1.4 Forge Europa Business Overview
9.1.5 Forge Europa LED Strip SWOT Analysis
9.1.6 Forge Europa Recent Developments
9.2 LEDVANCE
9.2.1 LEDVANCE LED Strip Basic Information
9.2.2 LEDVANCE LED Strip Product Overview
9.2.3 LEDVANCE LED Strip Product Market Performance
9.2.4 LEDVANCE Business Overview
9.2.5 LEDVANCE LED Strip SWOT Analysis
9.2.6 LEDVANCE Recent Developments
9.3 Ledridge Lighting
9.3.1 Ledridge Lighting LED Strip Basic Information
9.3.2 Ledridge Lighting LED Strip Product Overview
9.3.3 Ledridge Lighting LED Strip Product Market Performance
9.3.4 Ledridge Lighting Business Overview
9.3.5 Ledridge Lighting LED Strip SWOT Analysis
9.3.6 Ledridge Lighting Recent Developments
9.4 Digital Advanced Lighting
9.4.1 Digital Advanced Lighting LED Strip Basic Information
9.4.2 Digital Advanced Lighting LED Strip Product Overview
9.4.3 Digital Advanced Lighting LED Strip Product Market Performance
9.4.4 Digital Advanced Lighting Business Overview
9.4.5 Digital Advanced Lighting LED Strip SWOT Analysis
9.4.6 Digital Advanced Lighting Recent Developments
9.5 Lighting Ever
9.5.1 Lighting Ever LED Strip Basic Information
9.5.2 Lighting Ever LED Strip Product Overview
9.5.3 Lighting Ever LED Strip Product Market Performance
9.5.4 Lighting Ever Business Overview
9.5.5 Lighting Ever LED Strip SWOT Analysis
9.5.6 Lighting Ever Recent Developments
9.6 LEDMY
9.6.1 LEDMY LED Strip Basic Information
9.6.2 LEDMY LED Strip Product Overview
9.6.3 LEDMY LED Strip Product Market Performance
9.6.4 LEDMY Business Overview
9.6.5 LEDMY Recent Developments
10 LED Strip Market Forecast by Region
10.1 Global LED Strip Market Size Forecast
10.2 Global LED Strip Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe LED Strip Market Size Forecast by Country
10.2.3 Asia Pacific LED Strip Market Size Forecast by Region
10.2.4 South America LED Strip Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of LED Strip by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global LED Strip Market Forecast by Type (2024-2029)
11.1.1 Global Forecasted Sales of LED Strip by Type (2024-2029)
11.1.2 Global LED Strip Market Size Forecast by Type (2024-2029)
11.1.3 Global Forecasted Price of LED Strip by Type (2024-2029)
11.2 Global LED Strip Market Forecast by Application (2024-2029)
11.2.1 Global LED Strip Sales (K Units) Forecast by Application
11.2.2 Global LED Strip Market Size (M USD) Forecast by Application (2024-2029)
12 Conclusion and Key Findings

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