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

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

An LED Tube Light is a light-emitting diode (LED) product which is assembled into a Tube Light for use in lighting fixtures. LED Tube Lights have a lifespan and electrical efficiency which are several times greater than incandescent Tube Lights, and are significantly more efficient than most fluorescent Tube Lights, with some chips able to emit more than 300 lumens per watt.

According to our (Global Info Research) latest study, the global LED Tube Lights market size was valued at US$ 7999 million in 2023 and is forecast to a readjusted size of USD 15250 million by 2030 with a CAGR of 9.8% during review period.

North America is the largest LED Tube Lights market with about 26% market share. Europe is follower, accounting for about 23% market share.The key manufacturers are Philips Lighting, Lendvance, GE Lighting, Panasonic, Opple, Toshiba, NVC (ETI), Sharp, Cree, Yankon Lighting, Shanghai Feilo Acoustics, FSL, PAK, MLS, Dongguan Kingsun Optoelectronic etc. Top 3 companies occupied about 30% market share.

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

Global LED Tube Lights market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MW), and average selling prices (USD/KW), 2019-2030

Global LED Tube Lights market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MW), and average selling prices (USD/KW), 2019-2030

Global LED Tube Lights market shares of main players, shipments in revenue ($ Million), sales quantity (MW), and ASP (USD/KW), 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 Tube Lights

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 Tube Lights 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 Lighting, Lendvance, GE Lighting, Panasonic, Opple, Toshiba, NVC (ETI), Sharp, Cree, Yankon Lighting, etc.

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

Market Segmentation

LED Tube Lights 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
T5
T8
Others

Market segment by Application
Commerical Use
Residential Use

Major players covered
Philips Lighting
Lendvance
GE Lighting
Panasonic
Opple
Toshiba
NVC (ETI)
Sharp
Cree
Yankon Lighting
Shanghai Feilo Acoustics
FSL
PAK
MLS
Dongguan Kingsun Optoelectronic

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 Tube Lights product scope, market overview, market estimation caveats and base year.

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

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

Chapter 4, the LED Tube Lights 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 Tube Lights 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 Tube Lights.

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