LED Light Bulbs Market

LED Light Bulbs [LED Lighting] is a kind semiconductor light-emitting solid device, which can convert the energy from an electric current into light.

LED Light Bulbs Principles:

Terminal voltages of PN junctions form certain barrier potentials, and when the forward bias voltage is added, the barrier potential decreases and most charge carriers in P area and N area diffuse to each other. As the electron mobility is much higher than the holes mobility, large amount of electrons diffuse to P area, causing charge carriers entering P area. These electrons combine with the holes on the valence band with energy emission in the form of light.

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

Global LED Light Bulbs Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global LED Light Bulbs Market Sales, 2017-2022, 2023-2028, (M Units)

Global top five LED Light Bulbs companies in 2021 (%)

The global LED Light Bulbs market was valued at 33130 million in 2021 and is projected to reach US$ 43940 million by 2028, at a CAGR of 4.1% during the forecast period.

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

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

The global key manufacturers of LED Light Bulbs include Philips (Signify), MLS (including Ledvance), Savant Systems Inc. (including GE Lighting), Panasonic, Toshiba, FSL, Opple, Yankon Lighting and NVC (ETI), etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the LED Light Bulbs 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 Light Bulbs Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (M Units)

Global LED Light Bulbs Market Segment Percentages, by Type, 2021 (%)

Spot Light

Street Light

Tube Light

WALL Washer Light

Bulb

Others

Global LED Light Bulbs Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (M Units)

Global LED Light Bulbs Market Segment Percentages, by Application, 2021 (%)

Residential

Office

Shop

Hospitality

Others

Global LED Light Bulbs Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (M Units)

Global LED Light Bulbs 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 Light Bulbs revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies LED Light Bulbs revenues share in global market, 2021 (%)

Key companies LED Light Bulbs sales in global market, 2017-2022 (Estimated), (M Units)

Key companies LED Light Bulbs sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Philips (Signify)

MLS (including Ledvance)

Savant Systems Inc. (including GE Lighting)

Panasonic

Toshiba

FSL

Opple

Yankon Lighting

NVC (ETI)

Ideal Industries Inc. (including Cree Lighting)

Technical Consumer Products, Inc.

Shanghai Feilo Acoustics