LED Tube Lights Market

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