QY Research, Inc.

LED Tube Lights Market to Exhibit Robust CAGR of 10.0% During the Forecast Period 2017-2025 – QY Research

The LED Tube Lights market was valued at 4690 Million US$ in 2017 and is projected to reach 10000 Million US$ by 2025, at a CAGR of 10.0% during the forecast period.

 

Los Angeles, CA -- (SBWIRE) -- 01/08/2019 -- This study focuses on the production side and consumption side of LED Tube Lights, presents the global LED Tube Lights market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.

In terms of production side, this report researches the LED Tube Lights capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of LED Tube Lights by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

An LED Tube Light is a light-emitting diode (LED) product which is assembled into a Tube Light for use in lighting fixtures. LED Tube Lights have a lifespan and electrical efficiency which are several times greater than incandescent Tube Lights, and are significantly more efficient than most fluorescent Tube Lights, with some chips able to emit more than 300 lumens per watt.

Click to view the full report TOC, figure and tables: https://www.qyresearch.com/index/detail/709466/global-led-tube-lights-industry-research-report-growth-trends-and-competitive-analysis

Philips Lighting, Lendvance, GE Lighting are the top production value share spots in the LED Tube Lights market in 2017. Philips Lighting dominated with 13.54% production value share, followed by Lendvance with 10.74% production value share and GE Lighting with 5.92% production value share.

Market dynamics include policy, economic, market penetration rate, etc. In order to promote energy conservation, the government is strongly advocating the use of LED light with a series of preferential policies, such as reducing enterprise tax rate. LED Lighting industry presents differential permeability in different regions. The permeability in North America, Europe, Singapore, is obviously greater than that of India, Southeast Asia (ex. Singapore), Africa, etc.

Overcapacity has aggravated the vicious intensification of enterprises, resulted in price of the product has been declining. The profit margin of the enterprise is also decreasing. In order to solve these problems and seize market share, the integration of international lighting giants is increasing, such as MLS purchasing Lendvance from Osram.

LED Tube Lights used in industry including Commerical Use and Residential Use. Report data showed that 92.61% of the LED Tube Lights market demand in Commerical Use in 2017.

As downstream demand grows and technical barriers become less, there will be a huge market space for LED Tube Lights. To grab more market, the little companies have to expand the technology, capital investment and brand influence. To meet the challenge of little companies and keep their leading stage, leading companies need to increase the technology innovation and speed up the product upgrading. In the future, LED Tube Lights market will still be a market of fierce competition.

The LED Tube Lights market was valued at 4690 Million US$ in 2017 and is projected to reach 10000 Million US$ by 2025, at a CAGR of 10.0% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for LED Tube Lights.

Request Sample Report and Full Report TOC: https://www.qyresearch.com/sample-form/form/709466/global-led-tube-lights-industry-research-report-growth-trends-and-competitive-analysis

This report includes the following manufacturers; we can also add the other companies as you want.

Philips Lighting

Lendvance

GE Lighting

Panasonic

Opple

Toshiba

NVC (ETI)

Sharp

Cree

Yankon Lighting

Shanghai Feilo Acoustics

FSL

PAK

MLS

Dongguan Kingsun Optoelectronic

Market Segment by Product Type

T5

T8

Others

Market Segment by Application

Commerical Use

Residential Use

Buy Full LED Tube Lights Market Report Now, Report delivery time within 24 hours @ (Pages: 125|Tables: 157): https://www.qyresearch.com/settlement/pre/db83b691d608c26a9e7f35373ec8b0ee,0,1,Global%20LED%20Tube%20Lights%20Industry%20Research%20Report%252C%20Growth%20Trends%20and%20Competitive%20Analysis%202018-2025

About QYResearch
QYResearch established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.

QY Research Achievements:

Year of Experience: 11 Years
Consulting Projects: 500+ successfully conducted so far
Global Reports: 5000 Reports Every Years
Resellers Partners for Our Reports: 150 + Across Globe
Global Clients: 34000+