Global Flex LED Strip Lights Market Growth 2023-2029

Global Flex LED Strip Lights Market Growth 2023-2029

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 Flex LED Strip Lights 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.
LPI (LP Information)' newest research report, the “Flex LED Strip Lights Industry Forecast” looks at past sales and reviews total world Flex LED Strip Lights sales in 2022, providing a comprehensive analysis by region and market sector of projected Flex LED Strip Lights sales for 2023 through 2029. With Flex LED Strip Lights sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Flex LED Strip Lights industry.
This Insight Report provides a comprehensive analysis of the global Flex LED Strip Lights 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 Flex LED Strip Lights portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Flex LED Strip Lights market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Flex LED Strip Lights 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 Flex LED Strip Lights.
The global Flex LED Strip Lights market size is projected to grow from US$ 2473 million in 2022 to US$ 6935.4 million in 2029; it is expected to grow at a CAGR of 6935.4 from 2023 to 2029.
Global Flex LED Strip Lights key players include Jiasheng Lighting, OML, LEDVANCE, etc. Global top three manufacturers hold a share over 10%.
Europe is the largest market, with a share over 25%, followed by China, and United States, both have a share about 40 percent.
In terms of product, 5050 is the largest segment, with a share over 65%. And in terms of application, the largest application is Commercial, followed by Home.
This report presents a comprehensive overview, market shares, and growth opportunities of Flex LED Strip Lights market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
5050
3528
Others
Segmentation by application
Home
Commercial
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.
Jiasheng Lighting
LEDVANCE
OML
Philips
LEDMY
Sidon Lighting
NVC Lighting
Optek Electronics
Forge Europa
Opple
Jesco Lighting
Ledtronics
PAK
FSL
Aurora
Orlight
Ledridge Lighting
Lighting Ever LTD
Digital Advanced Lighting
Key Questions Addressed in this Report
What is the 10-year outlook for the global Flex LED Strip Lights market?
What factors are driving Flex LED Strip Lights market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Flex LED Strip Lights market opportunities vary by end market size?
How does Flex LED Strip Lights 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.