LED Tube Lights market

LED Tube Lights Market - Global Outlook and Forecast 2022-2028

  • 28 January 2022
  • Energy and Natural Resources
  • 118 Pages
  • Report code : PMR-6805516

  • 4.7 (158)

LED Tube Lights Market

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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.

LED Tube Lights Market contains market size and forecasts of LED Tube Lights in global, including the following market information:

Global LED Tube Lights Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global LED Tube Lights Market Sales, 2017-2022, 2023-2028, (MW)

Global top five LED Tube Lights companies in 2021 (%)

The global LED Tube Lights market was valued at 7216.3 million in 2021 and is projected to reach US$ 13680 million by 2028, at a CAGR of 9.6% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

T5 Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of LED Tube Lights include Philips Lighting, Lendvance, GE Lighting, Panasonic, Opple, Toshiba, NVC (ETI), Sharp and Cree, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

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, 2017-2022, 2023-2028 ($ Millions) & (MW)

Global LED Tube Lights Market Segment Percentages, by Type, 2021 (%)

T5

T8

Others

Global LED Tube Lights Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MW)

Global LED Tube Lights Market Segment Percentages, by Application, 2021 (%)

Commerical Use

Residential Use

Global LED Tube Lights Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MW)

Global LED Tube Lights Market Segment Percentages, By Region and Country, 2021 (%)

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, 2017-2022 (Estimated), ($ millions)

Key companies LED Tube Lights revenues share in global market, 2021 (%)

Key companies LED Tube Lights sales in global market, 2017-2022 (Estimated), (MW)

Key companies LED Tube Lights sales share in global market, 2021 (%)

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

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