LED Flood Light Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

LED Flood Light Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028


Market Overview:

The global LED flood light market size reached US$ 7.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 13.2 Billion by 2028, exhibiting a growth rate (CAGR) of 11% during 2023-2028.

LED flood lights are a type of lighting fixtures used for illuminating large areas like stadiums, yards, stages, private gardens and home living spaces. These fixtures offer numerous advantages over other lighting sources, like fluorescent and CFL systems. They are environment-friendly in nature as they do not generate infrared or UV radiation and help in reducing the carbon footprint on account of their low electricity requirements. They also have a highly durable design owing to which they require minimum maintenance. At present, the demand for LED flood lights is rising as governments of various nations are supporting the usage of these fixtures as a step towards sustainable development.

In recent years, LED flood lights have been increasingly used for outdoor lighting in several commercial and industrial applications such as security perimeters, stadiums and warehouses. Besides this, the utilization of LED flood lights helps building owners and managers in saving operating and maintenance costs as these lighting solutions do not consume as much energy as traditional lighting technologies. Apart from this, these lights are also becoming popular across both the residential and commercial sectors as they help in reducing the overall ambient room temperature. Moreover, flood lights cater to the rising demand for green lighting technology as they have cool beam bulbs and offer optimum luminous efficacy. On account of these properties, the LED flood lights market is expected to attract numerous investments in the near future.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global LED flood light market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on application.

Breakup by Application:

Retrofit
Retail & Hospitality
Outdoor
Offices
Architectural
Residential
Industrial

On the basis of the application, LED lighting is majorly used for retrofitting purposes wherein the inefficient lighting sources are replaced with LED lights in order to enhance optical performance and energy efficiency.

Regional Insights:

India
China
Europe
United States
Japan
Brazil
Russia
Others

On the geographical front, China represents the largest market for LED lighting, holding the majority of the global market share. This can be attributed to increasing urbanization, implementation of local energy saving targets and introduction of financial subsidies to promote the usage of LED lights across the nation.

Competitive Landscape:

The competitive landscape of the LED lighting industry has also been analyzed with detailed information about the key players operating in the market across the globe.

Key Questions Answered in This Report

1. What was the size of the global LED flood light market in 2022?
2. What is the expected growth rate of the global LED flood light market during 2023-2028?
3. What are the key factors driving the global LED flood light market?
4. What has been the impact of COVID-19 on the global LED flood light market?
5. What is the breakup of the global LED flood light market based on the application?
6. What are the key regions in the global LED flood light market?


1 Preface
2 Scope and Methodology
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 Executive Summary
4 Introduction
4.1Overview
4.2Key Industry Trends
5 Global LED Lighting Industry
5.1Market Overview
5.2Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3Impact of COVID-19
5.4LED Flood Light Market
5.5Market Breakup by Region
5.6Market Breakup by Application
5.7Market by LED Products: LED Lamps, Modules and Fixtures
5.7.1Current and Historical Market Trends
5.7.2Market Forecast
5.8Market Forecast
5.9SWOT Analysis
5.9.1Overview
5.9.2Strengths
5.9.3Weaknesses
5.9.4Opportunities
5.9.5Threats
5.10Value Chain Analysis
5.10.1 Primary Raw Materials Suppliers
5.10.2 LED Chip Manufacturers
5.10.3 LED Package and Module Manufacturers
5.10.4 Lighting Products, Electronic Products and Automotive Part Manufacturers
5.10.5 Product Distribution
5.10.6 End Users
5.11Porter’s Five Forces Analysis
5.11.1Overview
5.11.2Bargaining Power of Buyers
5.11.3Bargaining Power of Suppliers
5.11.4Degree of Competition
5.11.5Threat of New Entrants
5.11.6Threat of Substitutes
5.12Key Success and Risk Factors for LED Flood Light Manufacturers
5.13Comparative Analysis of CFL and LED
5.14Price Analysis
5.14.1Key Price Indicators
5.14.2Price Structure
6 Performance of Key Regions
6.1 India
6.1.1Market Trends
6.1.2Market Forecast
6.2 China
6.2.1Market Trends
6.2.2Market Forecast
6.3 Europe
6.3.1Market Trends
6.3.2Market Forecast
6.4 United States
6.4.1Market Trends
6.4.2Market Forecast
6.5 Japan
6.5.1Market Trends
6.5.2Market Forecast
6.6 Brazil
6.6.1Market Trends
6.6.2Market Forecast
6.7 Russia
6.7.1Market Trends
6.7.2Market Forecast
6.8 Others
6.8.1Market Trends
6.8.2Market Forecast
7 Market by Application
7.1Retrofit
7.1.1 Market Trends
7.1.2 Market Forecast
7.2Retail & Hospitality
7.2.1 Market Trends
7.2.2 Market Forecast
7.3Outdoor
7.3.1 Market Trends
7.3.2 Market Forecast
7.4Offices
7.4.1 Market Trends
7.4.2 Market Forecast
7.5Architectural
7.5.1 Market Trends
7.5.2 Market Forecast
7.6Residential
7.6.1 Market Trends
7.6.2 Market Forecast
7.7Industrial
7.7.1 Market Trends
7.7.2 Market Forecast
8 Competitive Landscape
8.1Market Structure
8.2Market Breakup by Key Players
9 LED Flood Light Manufacturing Process
9.1Product Overview and Specifications
9.2Key Features and Advantages
9.3Key Application Areas
9.3.1Building Facades Lighting
9.3.2Architectural Lighting
9.3.3Commercial Lighting
9.3.4Industrial Lighting
9.3.5Recreational and Parking Areas
9.4Popular Shapes and Sizes
9.4.1LED Flood Light Square (Narrow Spot /Medium Flood /Wide Flood)
9.4.2LED Flood Light Rectangular (Narrow Spot /Medium Flood /Wide Flood)
9.4.3LED Flood Light with Box Mount Adapter
9.4.4LED Flood Light with Tenon Mount Brackets / Pole Mount Brackets
9.4.5LED Flood Lights with Rotatable or Tiltable Brackets
9.5Design Material Alternatives
9.5.1Aluminium Die Cast Frame
9.5.2Aluminium Die Cast Frame Coated/Textured with Bronze Powder
9.5.3Plastic Lenses or Tempered Glass Lenses
9.6Manufacturing Process
9.7Raw Material Requirements
9.8Raw Material Pictures
10 Project Details, Requirements and Costs Involved
10.1Land Requirements and Expenditures
10.2Construction Requirements and Expenditures
10.3Plant Machinery
10.4Machinery Pictures
10.5Raw Material Requirements and Expenditures
10.6Raw Material and Final Product Pictures
10.7Packaging Requirements and Expenditures
10.8Transportation Requirements and Expenditures
10.9Utility Requirements and Expenditures
10.10Manpower Requirements and Expenditures
10.11Other Capital Investments
11 Loans and Financial Assistance
12 Project Economics
12.1Capital Cost of the Project
12.2Techno-Economic Parameters
12.3Product Pricing and Margins Across Various Levels of the Supply Chain
12.4Taxation and Depreciation
12.5Income Projections
12.6Expenditure Projections
12.7Financial Analysis
12.8Profit Analysis
13 Key Player Profiles

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