An LED Tube Light is a light-emitting diode (LED) product which is assembled into a Tube Light for use in lighting fixtures. LED Tube Lights have a lifespan and electrical efficiency which are several times greater than incandescent Tube Lights, and are significantly more efficient than most fluorescent Tube Lights, with some chips able to emit more than 300 lumens per watt.
This report aims to provide a comprehensive presentation of the global market for LED Tube Lights, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding LED Tube Lights. This report contains market size and forecasts of LED Tube Lights in global, including the following market information:
- Global LED Tube Lights Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global LED Tube Lights Market Sales, 2018-2023, 2024-2029, (MW)
Global top five LED Tube Lights companies in 2022 (%)
The global LED Tube Lights market was valued at US$ 7216.3 million in 2022 and is projected to reach US$ 13680 million by 2029, at a CAGR of 9.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North America is the largest LED Tube Lights market with about 26% market share. Europe is follower, accounting for about 23% market share.The key manufacturers are Philips Lighting, Lendvance, GE Lighting, Panasonic, Opple, Toshiba, NVC (ETI), Sharp, Cree, Yankon Lighting, Shanghai Feilo Acoustics, FSL, PAK, MLS, Dongguan Kingsun Optoelectronic etc. Top 3 companies occupied about 30% market share.
We surveyed the LED Tube Lights manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global LED Tube Lights Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MW)
Global LED Tube Lights Market Segment Percentages, by Type, 2022 (%)
Global LED Tube Lights Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MW)
Global LED Tube Lights Market Segment Percentages, by Application, 2022 (%)
- Commerical Use
- Residential Use
Global LED Tube Lights Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MW)
Global LED Tube Lights Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies LED Tube Lights revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies LED Tube Lights revenues share in global market, 2022 (%)
- Key companies LED Tube Lights sales in global market, 2018-2023 (Estimated), (MW)
- Key companies LED Tube Lights sales share in global market, 2022 (%)
- Further, the report presents profiles of competitors in the market, key players include:
- Philips Lighting
- Lendvance
- GE Lighting
- Panasonic
- Opple
- Toshiba
- NVC (ETI)
- Sharp
- Cree
- Yankon Lighting
- Shanghai Feilo Acoustics
- FSL
- PAK
- MLS
- Dongguan Kingsun Optoelectronic
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of LED Tube Lights, market overview.
- Chapter 2: Global LED Tube Lights market size in revenue and volume.
- Chapter 3: Detailed analysis of LED Tube Lights manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of LED Tube Lights in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global LED Tube Lights capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.
