Global Filament LED Bulb Market Growth 2023-2029
Filament LED Bulb is an incandescent lamp made of LED, which is manufactured according to the form of incandescent lamp, and can directly replace incandescent lamp. The advantages of LED filament lamp are very obvious: 1. Because the package device is full circumferential luminous type, the primary optical loss is small, so the light efficiency of LED filament lamp is high; 2, LED filament lamp filament itself is full circle luminescence, secondary optical light distribution cost is reduced; 3. The LED filament lamp relies on the gas to dissipate heat, so the metal plastic structure is changed to glass; 4, LED filament lamp can use HV circuit structure to achieve simple dimming function.
LPI (LP Information)' newest research report, the “Filament LED Bulb Industry Forecast” looks at past sales and reviews total world Filament LED Bulb sales in 2022, providing a comprehensive analysis by region and market sector of projected Filament LED Bulb sales for 2023 through 2029. With Filament LED Bulb sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Filament LED Bulb industry.
This Insight Report provides a comprehensive analysis of the global Filament LED Bulb landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Filament LED Bulb portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Filament LED Bulb market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Filament LED Bulb and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Filament LED Bulb.
The global Filament LED Bulb market size is projected to grow from US$ 5265.9 million in 2022 to US$ 20190 million in 2029; it is expected to grow at a CAGR of 20190 from 2023 to 2029.
Global Filament LED Bulb key players include Ledvance, Philips, GE, etc. Global top 3 manufacturers hold a share over 41%.
China is the largest market, with a share about 36%, followed by North America, and Europe, both have a share about 34 percent.
In terms of product, 40W is the largest segment, with a share over 47%. And in terms of application, the largest application is Restaurant, followed by Bar, Hotels & Resorts, Family, Cafe, Others.
This report presents a comprehensive overview, market shares, and growth opportunities of Filament LED Bulb market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
25W
40W
60W
Others
Segmentation by application
Restaurant
Bar
Hotels & Resorts
Family
Cafe
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Ledvance
Philips
GE
OPPLE
FSL
SUNSHINE Lighting Limited
Opus Lighting Technology
RÁBALUX
Feit Electric
Hyperikon, Inc.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Filament LED Bulb market?
What factors are driving Filament LED Bulb market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Filament LED Bulb market opportunities vary by end market size?
How does Filament LED Bulb break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook