Los Angeles, CA -- (SBWIRE) -- 02/09/2019 -- 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 Flex LED Strip Lights 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.

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.

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 is valued at 1400 million US$ in 2018 is expected to reach 4370 million US$ by the end of 2025, growing at a CAGR of 15.3% during 2019-2025.

This report focuses on Flex LED Strip Lights volume and value at global level, regional level and company level. From a global perspective, this report represents overall Flex LED Strip Lights market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

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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:

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

Segment by Regions

North America

Europe

China

Japan

Segment by Type

5050

3528

Others

Segment by Application

Home Application

Commercial Application

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