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Global LED Tube Market Report By Product Type (LED T5, LED T8, LED T10, LED T12), By End Use (Residential, Commercial, Industrial, Architectural, Hospital, Education Institutes, Safety & Security, Other End Use Application), By Sales Channel (Wholesalers/Distributors, Hypermarkets/Supermarkets, Specialist Stores, Exclusive Stores, Department Stores, Independent Electronic Stores, Online Retailers, Other Sales Channel) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2021-2028
ID:VMR11219562
November 2022
Report Formats: Electronic (PDF), MS EXCEL
The global demand for LED Tube Market is presumed to reach the market size of nearly USD 14.74 MN by 2028 from USD 6.92 MN in 2021 with a CAGR of 11.4% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX Units in 2021 and forecast to touch XX Units by 2028 with a CAGR of XX% during 2022-2028.
LED or light-emitting diode tubes are a cost-effective and efficient alternative to traditional fluorescent tubes. LED tubes have a long service life and are not fragile like conventional fluorescent tubes. LED tubes are efficient because most electrical energy is not wasted by converting it into heat energy. Due to being more efficient, they are considered a more eco-friendly option than traditional fluorescent tubes. LED Tubes are recyclable and consume less electricity.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of led tube. The growth and trends of LED Tube Industry provide a holistic approach to this study.
By Product Type
By End Use
By Sales Channel
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the led tube market include Koninklijke Philips N.V., Acuity Brands, Inc., Ideal Industries INC., Eaton Corporation, Savant Technologies LLC., OSRAM Gmbh, Seoul Semiconductor, Zumtobel Group, Bajaj Electricals, Wipro Ltd, Neptun lights inc, Havells, Syska, Foshan Electrical and Lighting Co., Ltd, LED Tube Lighting Pty. Ltd., Panasonic Corporation, Opple Lighting Co., Ltd., Crompton Greaves Consumer Electricals Limited., HPL Electric & Power Ltd, Toshiba Ltd, Other. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
LED or light-emitting diode tubes are a cost-effective and efficient alternative to traditional fluorescent tubes. LED tubes have a long service life and are not fragile like conventional fluorescent tubes. LED tubes are efficient because most electrical energy is not wasted by converting it into heat energy. Due to being more efficient, they are considered a more eco-friendly option than traditional fluorescent tubes. LED Tubes are recyclable and consume less electricity.
Market Dynamics
LED tubes are cheaper, easier to maintain, and consume less electricity than their alternatives. Governments also subsidize LED tubes to make the switch to LED easy. Most LED tubes can be easily installed without the help of an electrician. This drives the demand upward. In addition, LED tubes are safer than traditional fluorescent tubes, further driving the demand. Many people don't know about the benefits of LED tubes and still use fluorescent tubes. This is a significant drawback faced by the LED tube market.The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of led tube. The growth and trends of LED Tube Industry provide a holistic approach to this study.
Market Segmentation
This section of the led tube market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.By Product Type
- LED T5
- LED T8
- LED T10
- LED T12
By End Use
- Residential
- Commercial
- Industrial
- Architectural
- Hospital
- Education Institutes
- Safety & Security
- Other End Use Application
By Sales Channel
- Wholesalers/Distributors
- Hypermarkets/Supermarkets
- Specialist Stores
- Exclusive Stores
- Department Stores
- Independent Electronic Stores
- Online Retailers
- Other Sales Channel
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the LED Tube market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.Global LED Tube Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the led tube market include Koninklijke Philips N.V., Acuity Brands, Inc., Ideal Industries INC., Eaton Corporation, Savant Technologies LLC., OSRAM Gmbh, Seoul Semiconductor, Zumtobel Group, Bajaj Electricals, Wipro Ltd, Neptun lights inc, Havells, Syska, Foshan Electrical and Lighting Co., Ltd, LED Tube Lighting Pty. Ltd., Panasonic Corporation, Opple Lighting Co., Ltd., Crompton Greaves Consumer Electricals Limited., HPL Electric & Power Ltd, Toshiba Ltd, Other. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Frequently Asked Questions (FAQs) about this Report
b. In 2021, the global market size for LED tube was worth USD 6.92 Million.
b. Between 2023 and 2028, the worldwide LED tube market growth is projected to be nearly 11.4%.
b. The global LED tube market is segmented by Product Type (LED T5, LED T8, LED T10, LED T12), by End Use (Residential, Commercial, Industrial, Architectural, Hospital, Education Institutes, Safety & Security, Other End Use Application), by Sales Channel (Wholesalers/Distributors, Hypermarkets/Supermarkets, Specialist Stores, Exclusive Stores, Department Stores, Independent Electronic Stores, Online Retailers, Other Sales Channel).
b. The leading players in the global LED tube market are Koninklijke Philips N.V., Acuity Brands, Inc., Ideal Industries INC., Eaton Corporation, Savant Technologies LLC., OSRAM Gmbh, Seoul Semiconductor, Zumtobel Group, Bajaj Electricals, Wipro Ltd, Neptun lights inc, Havells, Syska, Foshan Electrical and Lighting Co., Ltd, LED Tube Lighting Pty. Ltd., Panasonic Corporation, Opple Lighting Co., Ltd., Crompton Greaves Consumer Electricals Limited., HPL Electric & Power Ltd, Toshiba Ltd, Other.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . LED TUBE – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Product Type
3.7.2 Market Attractiveness Analysis By End Use
3.7.3 Market Attractiveness Analysis By Sales Channel
3.7.4 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
5.1. Impact Analysis of Covid-19 Outbreak
5.1.1. Direct Impact on Production
5.1.2. Supply Chain and Market Disruption
5.1.3. Financial Impact on Firms and Financial Markets
5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
5.3. Market: Pre V/S Post COVID-19
5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
5.5. COVID-19: Micro and Macro Factor Analysis
6 . GLOBAL LED TUBE MARKET ANALYSIS BY PRODUCT TYPE
6.1 Overview by Product Type
6.2 Historical and Forecast Data
6.3 Analysis by Product Type
6.4 LED T5 Historic and Forecast Sales by Regions
6.5 LED T8 Historic and Forecast Sales by Regions
6.6 LED T10 Historic and Forecast Sales by Regions
6.7 LED T12 Historic and Forecast Sales by Regions
7 . GLOBAL LED TUBE MARKET ANALYSIS BY END USE
7.1 Overview by End Use
7.2 Historical and Forecast Data
7.3 Analysis by End Use
7.4 Residential Historic and Forecast Sales by Regions
7.5 Commercial Historic and Forecast Sales by Regions
7.6 Industrial Historic and Forecast Sales by Regions
7.7 Architectural Historic and Forecast Sales by Regions
7.8 Hospital Historic and Forecast Sales by Regions
7.9 Education Institutes Historic and Forecast Sales by Regions
7.10. Safety & Security Historic and Forecast Sales by Regions
7.11 Other End Use Application Historic and Forecast Sales by Regions
8 . GLOBAL LED TUBE MARKET ANALYSIS BY SALES CHANNEL
8.1 Overview by Sales Channel
8.2 Historical and Forecast Data
8.3 Analysis by Sales Channel
8.4 Wholesalers/Distributors Historic and Forecast Sales by Regions
8.5 Hypermarkets/Supermarkets Historic and Forecast Sales by Regions
8.6 Specialist Stores Historic and Forecast Sales by Regions
8.7 Exclusive Stores Historic and Forecast Sales by Regions
8.8 Department Stores Historic and Forecast Sales by Regions
8.9 Independent Electronic Stores Historic and Forecast Sales by Regions
8.10. Online Retailers Historic and Forecast Sales by Regions
8.11 Other Sales Channel Historic and Forecast Sales by Regions
9 . GLOBAL LED TUBE MARKET ANALYSIS BY GEOGRAPHY
9.1. Regional Outlook
9.2. Introduction
9.3. North America Sales Analysis
9.3.1. Overview, Historic and Forecast Data Sales Analysis
9.3.2. North America By Segment Sales Analysis
9.3.3. North America By Country Sales Analysis
9.3.4. United State Sales Analysis
9.3.5. Canada Sales Analysis
9.3.6. Mexico Sales Analysis
9.4. Europe Sales Analysis
9.4.1. Overview, Historic and Forecast Data Sales Analysis
9.4.2. Europe by Segment Sales Analysis
9.4.3. Europe by Country Sales Analysis
9.4.4. United Kingdom Sales Analysis
9.4.5. France Sales Analysis
9.4.6. Germany Sales Analysis
9.4.7. Italy Sales Analysis
9.4.8. Russia Sales Analysis
9.4.9. Rest Of Europe Sales Analysis
9.5. Asia Pacific Sales Analysis
9.5.1. Overview, Historic and Forecast Data Sales Analysis
9.5.2. Asia Pacific by Segment Sales Analysis
9.5.3. Asia Pacific by Country Sales Analysis
9.5.4. China Sales Analysis
9.5.5. India Sales Analysis
9.5.6. Japan Sales Analysis
9.5.7. South Korea Sales Analysis
9.5.8. Australia Sales Analysis
9.5.9. Rest Of Asia Pacific Sales Analysis
9.6. Latin America Sales Analysis
9.6.1. Overview, Historic and Forecast Data Sales Analysis
9.6.2. Latin America by Segment Sales Analysis
9.6.3. Latin America by Country Sales Analysis
9.6.4. Brazil Sales Analysis
9.6.5. Argentina Sales Analysis
9.6.6. Peru Sales Analysis
9.6.7. Chile Sales Analysis
9.6.8. Rest of Latin America Sales Analysis
9.7. Middle East & Africa Sales Analysis
9.7.1. Overview, Historic and Forecast Data Sales Analysis
9.7.2. Middle East & Africa by Segment Sales Analysis
9.7.3. Middle East & Africa by Country Sales Analysis
9.7.4. Saudi Arabia Sales Analysis
9.7.5. UAE Sales Analysis
9.7.6. Israel Sales Analysis
9.7.7. South Africa Sales Analysis
9.7.8. Rest Of Middle East And Africa Sales Analysis
10 . COMPETITIVE LANDSCAPE OF THE LED TUBE COMPANIES
10.1. Led Tube Market Competition
10.2. Partnership/Collaboration/Agreement
10.3. Merger And Acquisitions
10.4. New Product Launch
10.5. Other Developments
11 . COMPANY PROFILES OF LED TUBE INDUSTRY
11.1. Company Share Analysis
11.2. Market Concentration Rate
11.3. Koninklijke Philips N.V.
11.3.1. Company Overview
11.3.2. Company Revenue
11.3.3. Products
11.3.4. Recent Developments
11.4. Acuity Brands Inc.
11.4.1. Company Overview
11.4.2. Company Revenue
11.4.3. Products
11.4.4. Recent Developments
11.5. Ideal Industries INC.
11.5.1. Company Overview
11.5.2. Company Revenue
11.5.3. Products
11.5.4. Recent Developments
11.6. Eaton Corporation
11.6.1. Company Overview
11.6.2. Company Revenue
11.6.3. Products
11.6.4. Recent Developments
11.7. Savant Technologies LLC.
11.7.1. Company Overview
11.7.2. Company Revenue
11.7.3. Products
11.7.4. Recent Developments
11.8. OSRAM Gmbh
11.8.1. Company Overview
11.8.2. Company Revenue
11.8.3. Products
11.8.4. Recent Developments
11.9. Seoul Semiconductor
11.9.1. Company Overview
11.9.2. Company Revenue
11.9.3. Products
11.9.4. Recent Developments
11.10. Zumtobel Group
11.10.1. Company Overview
11.10.2. Company Revenue
11.10.3. Products
11.10.4. Recent Developments
11.11. Bajaj Electricals
11.11.1. Company Overview
11.11.2. Company Revenue
11.11.3. Products
11.11.4. Recent Developments
11.12. Wipro Ltd
11.12.1. Company Overview
11.12.2. Company Revenue
11.12.3. Products
11.12.4. Recent Developments
11.13. Neptun lights inc
11.13.1. Company Overview
11.13.2. Company Revenue
11.13.3. Products
11.13.4. Recent Developments
11.14. Havells
11.14.1. Company Overview
11.14.2. Company Revenue
11.14.3. Products
11.14.4. Recent Developments
11.15. Syska
11.15.1. Company Overview
11.15.2. Company Revenue
11.15.3. Products
11.15.4. Recent Developments
11.16. Foshan Electrical and Lighting Co. Ltd
11.16.1. Company Overview
11.16.2. Company Revenue
11.16.3. Products
11.16.4. Recent Developments
11.17. LED Tube Lighting Pty. Ltd.
11.17.1. Company Overview
11.17.2. Company Revenue
11.17.3. Products
11.17.4. Recent Developments
11.18. Panasonic Corporation
11.18.1. Company Overview
11.18.2. Company Revenue
11.18.3. Products
11.18.4. Recent Developments
11.19. Opple Lighting Co. Ltd.
11.19.1. Company Overview
11.19.2. Company Revenue
11.19.3. Products
11.19.4. Recent Developments
11.20. Crompton Greaves Consumer Electricals Limited.
11.20.1. Company Overview
11.20.2. Company Revenue
11.20.3. Products
11.20.4. Recent Developments
11.21. HPL Electric & Power Ltd
11.21.1. Company Overview
11.21.2. Company Revenue
11.21.3. Products
11.21.4. Recent Developments
11.22. Toshiba Ltd
11.22.1. Company Overview
11.22.2. Company Revenue
11.22.3. Products
11.22.4. Recent Developments
11.23. Other
11.23.1. Company Overview
11.23.2. Company Revenue
11.23.3. Products
11.23.4. Recent Developments
*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
LIST OF TABLES
- Market Snapshot
- Drivers : Impact Analysis
- Restraints : Impact Analysis
- List of Raw Material
- List of Raw Material Manufactures
- List of Potential Buyers
- COVID-19 Impact Analysis by Production, Import, Export and Demand
- Pre V/S Post COVID-19
- Estimated Impact Of The Coronavirus (Covid-19) Epidemic
- COVID-19: Micro and Macro Factor Analysis
- Analysis by Product Type (Units and USD MN)
- LED T5 Market Sales by Geography (Units and USD MN)
- LED T8 Market Sales by Geography (Units and USD MN)
- LED T10 Market Sales by Geography (Units and USD MN)
- LED T12 Market Sales by Geography (Units and USD MN)
- Analysis Market by End Use (Units and USD MN)
- Residential Market Sales by Geography (Units and USD MN)
- Commercial Market Sales by Geography (Units and USD MN)
- Industrial Market Sales by Geography (Units and USD MN)
- Architectural Market Sales by Geography (Units and USD MN)
- Hospital Market Sales by Geography (Units and USD MN)
- Education Institutes Market Sales by Geography (Units and USD MN)
- Safety & Security Market Sales by Geography (Units and USD MN)
- Other End Use Application Market Sales by Geography (Units and USD MN)
- Analysis by Sales Channel (Units and USD MN)
- Wholesalers/Distributors Market Sales by Geography (Units and USD MN)
- Hypermarkets/Supermarkets Market Sales by Geography (Units and USD MN)
- Specialist Stores Market Sales by Geography (Units and USD MN)
- Exclusive Stores Market Sales by Geography (Units and USD MN)
- Department Stores Market Sales by Geography (Units and USD MN)
- Independent Electronic Stores Market Sales by Geography (Units and USD MN)
- Online Retailers Market Sales by Geography (Units and USD MN)
- Other Sales Channel Market Sales by Geography (Units and USD MN)
- Global Led Tube Market Sales by Geography (Units and USD MN)
- North America Market Analysis (Units and USD MN)
- United State Market Analysis (Units and USD MN)
- Canada Market Analysis (Units and USD MN)
- Mexico Market Analysis (Units and USD MN)
- Europe Market Analysis (Units and USD MN)
- Europe Market Estimate by Country (Units and USD MN)
- United Kingdom Market Analysis (Units and USD MN)
- France Market Analysis (Units and USD MN)
- Germany Market Analysis (Units and USD MN)
- Italy Market Analysis (Units and USD MN)
- Russia Market Analysis (Units and USD MN)
- Spain Market Analysis (Units and USD MN)
- Rest of Europe Market Analysis (Units and USD MN)
- Asia Pacific Market Analysis (Units and USD MN)
- China Market Analysis (Units and USD MN)
- Japan Market Analysis (Units and USD MN)
- India Market Analysis (Units and USD MN)
- South Korea Market Analysis (Units and USD MN)
- Australia Market Analysis (Units and USD MN)
- Rest of Asia Pacific Market Analysis (Units and USD MN)
- Latin America Market Analysis (Units and USD MN)
- Brazil Market Analysis (Units and USD MN)
- Argentina Market Analysis (Units and USD MN)
- Peru Market Analysis (Units and USD MN)
- Chile Market Analysis (Units and USD MN)
- Rest of Latin America Market Analysis (Units and USD MN)
- Middle East & Africa Market Analysis (Units and USD MN)
- Saudi Arabia Market Analysis (Units and USD MN)
- UAE Market Analysis (Units and USD MN)
- Israel Market Analysis (Units and USD MN)
- South Africa Market Analysis (Units and USD MN)
- Rest of Middle East and Africa Market Analysis (Units and USD MN)
- Partnership/Collaboration/Agreement
- Mergers And Acquisition
LIST OF FIGURES
- Research Scope of Led Tube Report
- Market Research Process
- Market Research Methodology
- Global Led Tube Market Size, by Region (Units and USD MN)
- Porters Five Forces Analysis
- Market Attractiveness Analysis by Product Type
- Market Attractiveness Analysis by End Use
- Market Attractiveness Analysis by Sales Channel
- Market Attractiveness Analysis by Region
- Value Chain Analysis
- Global Market Analysis by Product Type (Units and USD MN)
- LED T5 Market Sales by Geography (Units and USD MN)
- LED T8 Market Sales by Geography (Units and USD MN)
- LED T10 Market Sales by Geography (Units and USD MN)
- LED T12 Market Sales by Geography (Units and USD MN)
- Global Market Analysis by End Use (Units and USD MN)
- Residential Market Sales by Geography (Units and USD MN)
- Commercial Market Sales by Geography (Units and USD MN)
- Industrial Market Sales by Geography (Units and USD MN)
- Architectural Market Sales by Geography (Units and USD MN)
- Hospital Market Sales by Geography (Units and USD MN)
- Education Institutes Market Sales by Geography (Units and USD MN)
- Safety & Security Market Sales by Geography (Units and USD MN)
- Other End Use Application Market Sales by Geography (Units and USD MN)
- Global Market Analysis by Sales Channel (Units and USD MN)
- Wholesalers/Distributors Market Sales by Geography (Units and USD MN)
- Hypermarkets/Supermarkets Market Sales by Geography (Units and USD MN)
- Specialist Stores Market Sales by Geography (Units and USD MN)
- Exclusive Stores Market Sales by Geography (Units and USD MN)
- Department Stores Market Sales by Geography (Units and USD MN)
- Independent Electronic Stores Market Sales by Geography (Units and USD MN)
- Online Retailers Market Sales by Geography (Units and USD MN)
- Other Sales Channel Market Sales by Geography (Units and USD MN)
- Global Market Sales (Units and USD MN)
- North America Market Sales (Units and USD MN)
- Europe Market Sales (Units and USD MN)
- Asia Pacific Market Sales (Units and USD MN)
- Latin America Market Sales (Units and USD MN)
- Middle East & Africa Market Sales (Units and USD MN)
- Recent Development in Industry
- Top Company Market Share Analysis
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.
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Objectives of Study
- Define and measure the global market
- Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
- Analyze and identify major market trends along with the factors driving or inhibiting the market growth
- Study the company profiles of the major market players with their market share
- Analyze competitive developments