Press release
Flex LED Strip Market Size and Forecast to Grow at a CAGR of 11.5% By 2025
This report studies the global Flex LED Strip market status and forecast, categorizes the global Flex LED Strip market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).
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Flex LED strip lights are thin flexible printed circuit boards with LEDs and resistors attached that populated by surface mounted light-emitting diodes (SMD LEDs) that usually comes with an adhesive backing. These LED strips come in many configurations meaning one can be very bright to light an entire room and another less bright for accent lighting. LED flexible strips can also be made to use any usable wavelength or color that is desired for your home or business project.
A flexible LED strip can be used in almost everywhere and it is an ideal choice for thin channel letters, halo letters, edge-lit sings, cove lighting and decorative lighting, etc.
Much more companies getting into the flex LED strip industry and the market is much scattered. Key players in flex LED strip market include OML Technology, Jiasheng Lighting, Osram, Philips, Forge Europa, Sidon Lighting, etc.
In 2015, major demand is expected to account 26.35 % from China in the global flex LED strip market. Other major demand is expected from emerging markets of Europe and USA contributed total 35.40 percent. Japan is occupied 4.21 % market in flex LED strip industry, and will increase stably.
The global Flex LED Strip market is valued at 530 million US$ in 2017 and will reach 1260 million US$ by the end of 2025, growing at a CAGR of 11.5% during 2018-2025.
The major manufacturers covered in this report
OML Technology
Jiasheng Lighting
Osram
Philips
Forge Europa
Sidon Lighting
Optek Electronics
NVC Lighting
Opple
Jesco Lighting
Ledtronics
PAK
FSL
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
India
Southeast Asia
Other regions (Central & South America, Middle East & Africa)
We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
Turkey
Rest of Middle East & Africa
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
3528
5050
Others
By Application, the market can be split into
Low Voltage
High Voltage
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The study objectives of this report are:
To analyze and study the global Flex LED Strip capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
Focuses on the key Flex LED Strip manufacturers, to study the capacity, production, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Flex LED Strip are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Flex LED Strip Manufacturers
Flex LED Strip Distributors/Traders/Wholesalers
Flex LED Strip Subcomponent Manufacturers
Industry Association
Downstream Vendors
Available Customizations
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Flex LED Strip market, by end-use.
Detailed analysis and profiles of additional market players.
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