
LED Services Market by Product (LED Fixtures, LED Lamps), Device Configuration (Chip on Board LED, Pinned LED, Surface-mounted LED), Technology, Application, End-user - Global Forecast 2024-2030
Description
LED Services Market by Product (LED Fixtures, LED Lamps), Device Configuration (Chip on Board LED, Pinned LED, Surface-mounted LED), Technology, Application, End-user - Global Forecast 2024-2030
The LED Services Market size was estimated at USD 21.65 billion in 2023 and expected to reach USD 23.89 billion in 2024, at a CAGR 10.43% to reach USD 43.39 billion by 2030.
Global LED Services Market
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the LED Services Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the LED Services Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the LED Services Market, highlighting leading vendors and their innovative profiles. These include Acuity Brands, Inc., Bridgelux Inc., Eaton Corporation plc, Feit Electric Company, Inc., GE Lighting by Savant Technologies LLC, Global Light & Power LLC, Hubbell Incorporated, Koninklijke Philips N.V.,, LEDVANCE GmbH, Opple Lighting Co., Ltd., and OSRAM GmbH.
Market Segmentation & Coverage
This research report categorizes the LED Services Market to forecast the revenues and analyze trends in each of the following sub-markets:
Product
LED Fixtures
LED Lamps
Device Configuration
Chip on Board LED
Pinned LED
Surface-mounted LED
Technology
Basic LED
High Brightness LED
OLED
Polymer
Ultra Violet LED
Application
Business Lighting
Public Lighting
Smart Lighting
Street Lighting
Residential Lighting
End-user
Architectural
Commercial
Industrial
Outdoor
Residential
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
1. What is the market size and forecast of the LED Services Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the LED Services Market?
3. What are the technology trends and regulatory frameworks in the LED Services Market?
4. What is the market share of the leading vendors in the LED Services Market?
5. Which modes and strategic moves are suitable for entering the LED Services Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
196 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. LED Services Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Increase in government focus on energy saving solutions and reduction in average costs of LEDs
- 5.1.1.2. Rapid development of street lighting systems and smart building ventures
- 5.1.1.3. Increasing need for lighting management in industrial application, display and large screen backlighting market
- 5.1.2. Restraints
- 5.1.2.1. High maintenance, repair, installation and replacement cost associated with the lights
- 5.1.3. Opportunities
- 5.1.3.1. Growth of smart lighting, high efficacy LED and increasing government subsidies
- 5.1.3.2. Financial investments from market players for the advancements in LED services
- 5.1.4. Challenges
- 5.1.4.1. Requirement of special drivers for LED lights
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. LED Services Market, by Product
- 6.1. Introduction
- 6.2. LED Fixtures
- 6.3. LED Lamps
- 7. LED Services Market, by Device Configuration
- 7.1. Introduction
- 7.2. Chip on Board LED
- 7.3. Pinned LED
- 7.4. Surface-mounted LED
- 8. LED Services Market, by Technology
- 8.1. Introduction
- 8.2. Basic LED
- 8.3. High Brightness LED
- 8.4. OLED
- 8.5. Polymer
- 8.6. Ultra Violet LED
- 9. LED Services Market, by Application
- 9.1. Introduction
- 9.2. Business Lighting
- 9.3. Public Lighting
- 9.4.1. Smart Lighting
- 9.4.2. Street Lighting
- 9.4. Residential Lighting
- 10. LED Services Market, by End-user
- 10.1. Introduction
- 10.2. Architectural
- 10.3. Commercial
- 10.4. Industrial
- 10.5. Outdoor
- 10.6. Residential
- 11. Americas LED Services Market
- 11.1. Introduction
- 11.2. Argentina
- 11.3. Brazil
- 11.4. Canada
- 11.5. Mexico
- 11.6. United States
- 12. Asia-Pacific LED Services Market
- 12.1. Introduction
- 12.2. Australia
- 12.3. China
- 12.4. India
- 12.5. Indonesia
- 12.6. Japan
- 12.7. Malaysia
- 12.8. Philippines
- 12.9. Singapore
- 12.
- 10. South Korea
- 12.
- 11. Taiwan
- 12.
- 12. Thailand
- 12.
- 13. Vietnam
- 13. Europe, Middle East & Africa LED Services Market
- 13.1. Introduction
- 13.2. Denmark
- 13.3. Egypt
- 13.4. Finland
- 13.5. France
- 13.6. Germany
- 13.7. Israel
- 13.8. Italy
- 13.9. Netherlands
- 13.
- 10. Nigeria
- 13.
- 11. Norway
- 13.
- 12. Poland
- 13.
- 13. Qatar
- 13.
- 14. Russia
- 13.
- 15. Saudi Arabia
- 13.
- 16. South Africa
- 13.
- 17. Spain
- 13.
- 18. Sweden
- 13.
- 19. Switzerland
- 13.
- 20. Turkey
- 13.
- 21. United Arab Emirates
- 13.
- 22. United Kingdom
- 14. Competitive Landscape
- 14.1. FPNV Positioning Matrix
- 14.2. Market Share Analysis, By Key Player
- 14.3. Competitive Scenario Analysis, By Key Player
- 15. Competitive Portfolio
- 15.1. Key Company Profiles
- 15.1.1. Acuity Brands, Inc.
- 15.1.2. Bridgelux Inc.
- 15.1.3. Eaton Corporation plc
- 15.1.4. Feit Electric Company, Inc.
- 15.1.5. GE Lighting by Savant Technologies LLC
- 15.1.6. Global Light & Power LLC
- 15.1.7. Hubbell Incorporated
- 15.1.8. Koninklijke Philips N.V.,
- 15.1.9. LEDVANCE GmbH
- 15.1.
- 10. Opple Lighting Co., Ltd.
- 15.1.
- 11. OSRAM GmbH
- 15.2. Key Product Portfolio
- 16. Appendix
- 16.1. Discussion Guide
- 16.2. License & Pricing
- FIGURE 1. LED SERVICES MARKET RESEARCH PROCESS
- FIGURE 2. LED SERVICES MARKET SIZE, 2023 VS 2030
- FIGURE 3. LED SERVICES MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. LED SERVICES MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. LED SERVICES MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. LED SERVICES MARKET DYNAMICS
- FIGURE 7. LED SERVICES MARKET SIZE, BY PRODUCT, 2023 VS 2030 (%)
- FIGURE 8. LED SERVICES MARKET SIZE, BY PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. LED SERVICES MARKET SIZE, BY DEVICE CONFIGURATION, 2023 VS 2030 (%)
- FIGURE 10. LED SERVICES MARKET SIZE, BY DEVICE CONFIGURATION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. LED SERVICES MARKET SIZE, BY TECHNOLOGY, 2023 VS 2030 (%)
- FIGURE 12. LED SERVICES MARKET SIZE, BY TECHNOLOGY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. LED SERVICES MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
- FIGURE 14. LED SERVICES MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. LED SERVICES MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
- FIGURE 16. LED SERVICES MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. AMERICAS LED SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 18. AMERICAS LED SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. UNITED STATES LED SERVICES MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 20. UNITED STATES LED SERVICES MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. ASIA-PACIFIC LED SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 22. ASIA-PACIFIC LED SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 23. EUROPE, MIDDLE EAST & AFRICA LED SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 24. EUROPE, MIDDLE EAST & AFRICA LED SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 25. LED SERVICES MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 26. LED SERVICES MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
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