Global LED Strip Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global LED Strip Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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.

According to our (Global Info Research) latest study, the global LED Strip market size was valued at US$ 1317 million in 2023 and is forecast to a readjusted size of USD 3415 million by 2030 with a CAGR of 14.7% during review period.

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.

This report is a detailed and comprehensive analysis for global 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 LED Strip market size and forecasts, in consumption value ($ Million), sales quantity (M Meter), and average selling prices (USD/Meter), 2019-2030

Global 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 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 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 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 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 Forge Europa, LEDVANCE, Ledridge Lighting, Digital Advanced Lighting, Lighting Ever, LEDMY, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

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
5050
3528
Others

Market segment by Application
Home Application
Commercial Application

Major players covered
Forge Europa
LEDVANCE
Ledridge Lighting
Digital Advanced Lighting
Lighting Ever
LEDMY

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 Strip product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of LED Strip, with price, sales quantity, revenue, and global market share of LED Strip from 2019 to 2024.

Chapter 3, the LED Strip competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the 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 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 LED Strip.

Chapter 14 and 15, to describe LED Strip sales channel, distributors, customers, research findings and conclusion.