Global LED Directional Market Growth 2023-2029

Global LED Directional Market Growth 2023-2029

LED Directional unlike incandescent and CFL, which emit light and heat in all directions. That means LEDs are able to use light and energy more efficiently in a multitude of applications. However, it also means that sophisticated engineering is needed to produce an LED light bulb that shines light in every direction.

LPI (LP Information)' newest research report, the “LED Directional Industry Forecast” looks at past sales and reviews total world LED Directional sales in 2022, providing a comprehensive analysis by region and market sector of projected LED Directional sales for 2023 through 2029. With LED Directional sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world LED Directional industry.

This Insight Report provides a comprehensive analysis of the global LED Directional 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 LED Directional portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global LED Directional market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LED Directional 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 LED Directional.

The global LED Directional market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for LED Directional is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for LED Directional is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for LED Directional is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key LED Directional players cover Philips Lighting, Osram Licht AG, Cree, Nichia, Rohm, Samsung, LG Innotek, Seoul Semi and Epistar, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of LED Directional market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Below 15W
15W-50W
Above 50W

Segmentation by application
Household
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.
Philips Lighting
Osram Licht AG
Cree
Nichia
Rohm
Samsung
LG Innotek
Seoul Semi
Epistar
Opto Tech
Everlight
Lite-on
Sanan Opto
Changlight
Silan

Key Questions Addressed in this Report

What is the 10-year outlook for the global LED Directional market?

What factors are driving LED Directional market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do LED Directional market opportunities vary by end market size?

How does LED Directional 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.