Global Flex LED Strip Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
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.
According to our (Global Info Research) latest study, the global Flex LED Strip market size was valued at US$ 987 million in 2023 and is forecast to a readjusted size of USD 2063 million by 2030 with a CAGR of 11.2% during review period.
Global Flex LED Strip key players include OML Technology, Jiasheng Lighting, Osram, Philips, Forge Europa, etc. Global five four manufacturers hold a share over 20%.
China is the largest market, with a share over 35%, followed by Europe and US, both have a share over 40%.
In terms of product, 5050 is the largest segment, with a share over 65%. And in terms of application, the largest application is Commercial Application, followed by Home Application, etc.
This report is a detailed and comprehensive analysis for global Flex LED Strip market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Flex LED Strip market size and forecasts, in consumption value ($ Million), sales quantity (M Meter), and average selling prices (USD/Meter), 2019-2030
Global Flex LED Strip market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M Meter), and average selling prices (USD/Meter), 2019-2030
Global Flex LED Strip market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M Meter), and average selling prices (USD/Meter), 2019-2030
Global Flex LED Strip market shares of main players, shipments in revenue ($ Million), sales quantity (M Meter), and ASP (USD/Meter), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Flex LED Strip
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Flex LED Strip market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include OML Technology, Jiasheng Lighting, Osram, Philips, Forge Europa, Sidon Lighting, Optek Electronics, NVC Lighting, Opple, Jesco Lighting, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Flex LED Strip market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
3528
5050
Others
Market segment by Application
Home Application
Commercial Application
Major players covered
OML Technology
Jiasheng Lighting
Osram
Philips
Forge Europa
Sidon Lighting
Optek Electronics
NVC Lighting
Opple
Jesco Lighting
Ledtronics
PAK
FSL
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Flex LED Strip product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Flex LED Strip, with price, sales quantity, revenue, and global market share of Flex LED Strip from 2019 to 2024.
Chapter 3, the Flex LED Strip competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Flex LED Strip breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Flex LED Strip market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Flex LED Strip.
Chapter 14 and 15, to describe Flex LED Strip sales channel, distributors, customers, research findings and conclusion.