United Kingdom LED Lighting Market, By Type (LED Bulbs & Lamps, Batten Lights, Downlights, Others), By Application (Outdoor Lighting, Indoor Lighting), By Installation Type (New Installation and Retrofit Installation), By End User (Commercial, Residential

United Kingdom LED Lighting Market, By Type (LED Bulbs & Lamps, Batten Lights, Downlights, Others), By Application (Outdoor Lighting, Indoor Lighting), By Installation Type (New Installation and Retrofit Installation), By End User (Commercial, Residential, Industrial, Others), By Distribution Channel (Direct Sales and Wholesale/Retail), By Region, Competition, Forecast & Opportunities, 2027

United Kingdom LED lighting market is expected to grow at a significant CAGR during the forecast period. LED light offer numerous advantages such as longer life span, lower heat levels, and are highly intense and bright in nature, which are factors significantly contributing to surge in the demand for LED lights in United Kingdom. Growing demand for lighting from commercial and residential spaces for proper lighting to provide better working and living condition is generating the need for energy efficient lights thereby creating lucrative opportunities for the LED lighting market in the country. LED lights are highly energy efficient in nature and the transition towards LED lighting can save huge expenses which in turn is expected to influence the growth of the market. Government initiatives to promote green revolution by adoption of emission free and energy efficient systems in United Kingdom is leading to high demand for installation of LED lights as LED lights are environment friendly and durable in nature. Also, the implementation of energy efficient regulations is aiding in minimizing the sales of incandescent lighting and halogen lighting. Market players are investing huge amounts to upgrade the existing technology infrastructure by widening the spectrum and improve the LED light output and quality.

United Kingdom LED lighting market is segmented into type, application, installation type, end user, distribution channel, regional distribution, and company. Based on application, the market can be further bifurcated into outdoor lighting and indoor lighting. The indoor lighting segment is expected to account for major market shar in the forecast period. Ongoing infrastructural activities along with upcoming construction projects require the installation of energy efficient LED lighting. High demand for in door lighting in United Kingdom and surge in expenditure capacity of consumers is driving the growth of this segment.

The major players operating in the United Kingdom LED lighting market are Philips Lighting UK, General Electric Company, Bamford Lighting, EGLO UK, Liteplan Limited, Dextra Lighting Ltd, Signify Commercial UK Ltd, FW Thorpe plc, Thorn Lighting Ltd, Crompton Lamps Limited, Maclean Electrical Group, Eaton Corporation Plc, among others. Major companies are developing advanced technologies and launching new products to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.

Years considered for this report:

Historical Years: 2017-2020

Base Year: 2021

Estimated Year: 2022E

Forecast Period: 2023F–2027F

Objective of the Study:

• To analyze the historical growth in the market size of United Kingdom LED lighting market from 2017 to 2021.
• To estimate and forecast the market size of United Kingdom LED lighting market from 2022E to 2027F and growth rate until 2027F.
• To classify and forecast United Kingdom LED lighting market based on type, application, installation type, end user, distribution channel, regional distribution, and company.
• To identify dominant region or segment in the United Kingdom LED lighting market.
• To identify drivers and challenges for United Kingdom LED lighting market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in United Kingdom LED lighting market.
• To identify and analyze the profile of leading players operating in United Kingdom LED lighting market.
• To identify key sustainable strategies adopted by market players in United Kingdom LED lighting market.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the UK. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of United Kingdom LED lighting market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

• LED lighting manufacturing companies
• Market research and consulting firms
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to LED lighting market

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, United Kingdom LED lighting market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• United Kingdom LED Lighting Market, By Type:
• LED Bulbs & Lamps
• Batten Lights
• Downlights
• Others
• United Kingdom LED Lighting Market, By Application:
• Outdoor Lighting
• Indoor Lighting
• United Kingdom LED Lighting Market, By Installation Type:
• New Installation
• Retrofit Installation
• United Kingdom LED Lighting Market, By End User:
• Commercial
• Residential

o Industrial

• Others
• United Kingdom LED Lighting Market, By Distribution Channel:
• Direct Sales
• Wholesale/Retail
• United Kingdom LED Lighting Market, By Region:
• London
• Southeast
• East Anglia
• Scotland
• Southwest
• East Midlands
• Yorkshire & Humberside
• Rest of United Kingdom

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in United Kingdom LED lighting market.

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order. Single User license will be delivered in PDF format without printing rights