LED Strip Industry 2019 Global Market Size, Growth, Segments, Revenue, Manufacturers and 2025 Forecast Research Report
LED Strip Industry 2019 Market Research Report LED Strip is also called Flex LED Strip. 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
LED Strip Industry report provides a basic overview of the industry including its definition, applications and manufacturing technology. The report presents the company profile, product specifications, capacity, production value, and 2013-2019 Industry shares for key vendors. The total Industry is further divided by company, by country, and by application/type for the competitive landscape analysis. The report estimates 2019-2024 Industry development trends of LED Strip industry.
LED Strip Industry report covered geography, product type end use/application segment and regions such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc. For end use/application segment, this report focuses on the status and outlook for key applications. End users also can be listed.
Forge Europa dominated the market, with accounted for 35.77% of the LED Strip revenue market share in 2017. LEDVANCE and Ledridge Lighting are the key players and accounted for 10.13%, 9.93% respectively of the UK LED Strip market share in 2017.
In terms of applications, the commercial application segment was estimated to account for the highest sales volume share of 85.70% in 2017 and is expected to gain significant market share by the end of 2023.
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.
The global LED Strip market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on LED Strip volume and value at global level, regional level and company level. From a global perspective, this report represents overall LED Strip market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Digital Advanced Lighting
Lighting Ever LTD
Segment by Regions
Segment by Type
Segment by Application