According to our (Global Info Research) latest study, the global LED Light Bulbs market size was valued at US$ 34680 million in 2024 and is forecast to a readjusted size of USD 46100 million by 2031 with a CAGR of 4.2% during review period.
LED Light Bulbs [LED Lighting] is a kind semiconductor light-emitting solid device, which can convert the energy from an electric current into light.
LED Light Bulbs Principles:
Terminal voltages of PN junctions form certain barrier potentials, and when the forward bias voltage is added, the barrier potential decreases and most charge carriers in P area and N area diffuse to each other. As the electron mobility is much higher than the holes mobility, large amount of electrons diffuse to P area, causing charge carriers entering P area. These electrons combine with the holes on the valence band with energy emission in the form of light.
Global core LED light bulbs manufacturers include Philips, MLS etc. Asia Pacific is the largest market, with a share about 48%, followed by Europe and North America with the share about 23% and 19%.
This report is a detailed and comprehensive analysis for global LED Light Bulbs 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 2025, are provided.
Key Features:
Global LED Light Bulbs market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031
Global LED Light Bulbs market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031
Global LED Light Bulbs market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031
Global LED Light Bulbs market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2020-2025
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 LED Light Bulbs
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 LED Light Bulbs 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 Philips (Signify), MLS (including Ledvance), Savant Systems Inc. (including GE Lighting), Panasonic, Toshiba, FSL, Opple, Yankon Lighting, NVC (ETI), Ideal Industries Inc. (including Cree Lighting), etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
LED Light Bulbs market is split by Type and by Application. For the period 2020-2031, 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
Spot Light
Street Light
Tube Light
WALL Washer Light
Bulb
Others
Market segment by Application
Residential
Office
Shop
Hospitality
Others
Major players covered
Philips (Signify)
MLS (including Ledvance)
Savant Systems Inc. (including GE Lighting)
Panasonic
Toshiba
FSL
Opple
Yankon Lighting
NVC (ETI)
Ideal Industries Inc. (including Cree Lighting)
Technical Consumer Products, Inc.
Shanghai Feilo Acoustics
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 LED Light Bulbs product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of LED Light Bulbs, with price, sales quantity, revenue, and global market share of LED Light Bulbs from 2020 to 2025.
Chapter 3, the LED Light Bulbs competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the LED Light Bulbs breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
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 2020 to 2031.
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 2020 to 2025.and LED Light Bulbs market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
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 LED Light Bulbs.
Chapter 14 and 15, to describe LED Light Bulbs sales channel, distributors, customers, research findings and conclusion.
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