Press release
Global Flex LED Strip Lights Market on Target to Reach US$ 4370 million US$ by 2025, Says QY Research
Global Flex LED Strip Lights Market
Of the major players of Flex LED Strip Lights, Jiasheng Lighting maintained its first place in the ranking in 2017. Jiasheng Lighting accounted for 4.447% of the Global Flex LED Strip Lights sales volume market share in 2017. Other players accounted for 3.50% and 4.626% including LEDVANCE and OML.
In this study, the region of Flex LED Strip Lights divided into six geographic segments: In United States, total Flex LED Strip Lights accounted for 17.36%. In the Europe, total Flex LED Strip Lights accounted for 24.75%. The market in China Flex LED Strip Lights accounted for 25.40%, in Japan 4.14%, in India 2.87% and in South East Asia 2.61%. Among all regions, China is estimated to represent the highest share.
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On the basis of product type, there are mainly two major types of Flex LED Strip Lights, including 5050 and 3528, and this two major segment totally accounted for 77.08 % revenue share in 2017.
In the applications, the commercial segment was estimated to account for the highest revemie share of 94.32% in 2017 and is expected to gain significant market share by the end of 2025.
The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable service. Consequently, they take the majority of the market share of high-end market.
Looking to the future years, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
Despite the presence of competition problems, due to the UK recovery trend is slightly, investor are still optimistic about this area; the future will still have more new investment enter the field.
The global Flex LED Strip Lights market was 1400 million US$ in 2018 and is expected to 4370 million US$ by the end of 2025, growing at a CAGR of 15.3% between 2019 and 2025.
This report studies the Flex LED Strip Lights market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Flex LED Strip Lights in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Jiasheng Lighting
LEDVANCE
OML
Philips
LEDMY
Sidon Lighting
NVC Lighting
Optek Electronics
Forge Europa
Opple
Jesco Lighting
Ledtronics
PAK
FSL
Aurora
Orlight
Ledridge Lighting
Lighting Ever LTD
Digital Advanced Lighting
By the product type, the market is primarily split into
5050
3528
Others
By the end users/application, this report covers the following segments
Home Application
Commercial Application
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
Malaysia
Philippines
Thailand
Vietnam
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
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The study objectives of this report are:
To study and analyze the global Flex LED Strip Lights market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Flex LED Strip Lights market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Flex LED Strip Lights manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Flex LED Strip Lights with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Flex LED Strip Lights submarkets, with respect to key regions (along with their respective key countries).
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 Lights are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (K sqm). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Flex LED Strip Lights market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
Click to view Tables, Charts, Figures, TOC, and Companies Mentioned in the global GaN Devices market Report: https://www.qyresearch.com/index/detail/1090080/global-flex-led-strip-lights-market
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Raw material suppliers
Distributors/traders/wholesalers/suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
End-use industries
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:
Further breakdown of Flex LED Strip Lights market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.
About Us:
QYResearch always pursuits high product quality with the belief that quality is the soul of business. Through years of effort and supports from the huge number of customer supports, QYResearch consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience. Today, QYResearch has become a brand of quality assurance in the consulting industry.
Contact us,
QY Research, INC.
17890 Castleton, Suite 218,
Los Angeles, CA 91748
USA: +1 6264 288 800
India: +91 9766 478 224
Emails: enquiry@qyresearch.com
Web: www.qyresearch.com
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