Market Overview:
The global filament LED bulb market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient lighting solutions and the growing awareness about the benefits of using LED bulbs over traditional light bulbs. The global filament LED bulb market is segmented on the basis of type, application, and region. On the basis of type, it is segmented into 25 watt type, 40 watt type, 60 watt type, and other types. On the basis of application, it is segmented into restaurants, bars, hotels & cafes and homes; other applications include office spaces and retail stores among others.
Product Definition:
A filament LED bulb is a type of LED light bulb that uses a filament-shaped LED as its light source. Filament LEDs are often used in applications where a traditional incandescent bulb is used, such as in table lamps and sconces.
Filament LEDs are important because they offer many advantages over traditional incandescent bulbs. For example, they are more efficient, last longer, and generate less heat.
25 Watt Type:
25 watt type is used in applications where a standard 120V 60Hz power supply can be employed. The most common usage of 25-watt LED bulbs is to replace the incandescent light bulb which was previously used in household and commercial applications. It has better quality, more quantity light output as compared to traditional incandescent bulbs with the same size and shape, thus making it a popular replacement for incandescent bulbs globally.
40 Watt Type:
40Watt type is used for general lighting purposes and it can be used as a replacement to the traditional incandescent bulbs. It has an average lifespan of 5 years and provides warm white light, which is preferred by many consumers. The cost of electricity consumed by these bulbs is less than that of incandescent lights, making them more profitable for manufacturers and end-users.
Application Insights:
Hotels, cafes and homes (HCF) application segment dominated the global market in 2017. This can be attributed to rising disposable income of consumers and rapid urbanization. Moreover, growing tourism industry has resulted in an increased number of hotels across the globe which is expected to drive demand for HCF products over the forecast period.
The restaurants segment is expected to witness significant growth over the forecast period owing to increasing awareness about energy efficient lighting solutions among restaurant owners globally. Filament LED bulbs consume less power than traditional light sources, thereby reducing electricity bills which makes it attractive for restaurant owners looking for cost-efficient solutions that improve ambience without compromising with brightness levels required by chefs preparing complicated food items in professional kitchens. The use of such products not only saves costs but also helps reduce carbon footprint by lowering overall energy consumption levels significantly as compared with other conventional lighting systems used at similar establishments worldwide.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a revenue share of more than 60% in 2017 owing to high product demand from countries, such as China, Japan, and India. Moreover, rising disposable income levels coupled with an increasing number of manufacturing facilities will boost industry growth over the next eight years.
The European market is anticipated to witness significant growth due to stringent government regulations regarding energy consumption along with growing awareness about environment-friendly products among consumers. Filament LED bulbs are considered as environmentally friendly alternatives due to their low power consumption compared other lighting technologies available in the market; hence driving demand across Europe during 2018 - 2030 period.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions: The global filament LED bulb market is expected to grow at a CAGR of over 15% during the forecast period. This can be attributed to the increasing demand for energy-efficient lighting solutions across the globe.
- Rising awareness about the benefits of LED bulbs: There is a growing awareness among consumers about the benefits of using LED bulbs, such as low power consumption and long life span, which is likely to boost demand for filament LED bulbs in the coming years.
- Growing popularity of decorative light fixtures: Filament LED bulbs are gaining popularity as decorative light fixtures owing to their unique design and aesthetics. This is likely to fuel growth in the global filament LED bulb market during the forecast period.
- Technological advancements: The development of new technologies that improve performance and efficiency of filament LEDs is expected to drive growth in this market during the forecast period. For instance, Philips has developed a new technology called “Lumileds Luxeon Rebel” that offers improved performance and efficiency compared with traditional LEDs used in filaments lightsbulbs . 5) Rising disposable income levels: Disposable income levels are rising globally, especially in developing countries such as China and India, which is anticipated to boost sales of premium quality filament LED bulbs in these regions overthe next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Filament LED Bulb Market Research Report
By Type
25 Watt Type, 40 Watt Type, 60 Watt Type, Other
By Application
Restaurants, Bars, Hotels, Cafes & Homes, Other
By Companies
GE, Brightech Ambience, Vosla, Verbatim, Ramselaar, UKLED, Megaman, Factorylux, Philips, Sylvania, Osram, Feit Electric
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Filament LED Bulb Market Report Segments:
The global Filament LED Bulb market is segmented on the basis of:
Types
25 Watt Type, 40 Watt Type, 60 Watt Type, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Restaurants, Bars, Hotels, Cafes & Homes, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GE
- Brightech Ambience
- Vosla
- Verbatim
- Ramselaar
- UKLED
- Megaman
- Factorylux
- Philips
- Sylvania
- Osram
- Feit Electric
Highlights of The Filament LED Bulb Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 25 Watt Type
- 40 Watt Type
- 60 Watt Type
- Other
- By Application:
- Restaurants
- Bars
- Hotels
- Cafes & Homes
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Filament LED Bulb Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Filament LED bulbs are a type of LED light bulb that uses a thin filament to produce light. They are popular because they have a long lifespan and are often less expensive than other types of LEDs.
Some of the major companies in the filament led bulb market are GE, Brightech Ambience, Vosla, Verbatim, Ramselaar, UKLED, Megaman, Factorylux, Philips, Sylvania, Osram, Feit Electric.
The filament led bulb market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Filament LED Bulb Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Filament LED Bulb Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Filament LED Bulb Market - Supply Chain
4.5. Global Filament LED Bulb Market Forecast
4.5.1. Filament LED Bulb Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Filament LED Bulb Market Size (000 Units) and Y-o-Y Growth
4.5.3. Filament LED Bulb Market Absolute $ Opportunity
5. Global Filament LED Bulb Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Filament LED Bulb Market Size and Volume Forecast by Type
5.3.1. 25 Watt Type
5.3.2. 40 Watt Type
5.3.3. 60 Watt Type
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Filament LED Bulb Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Filament LED Bulb Market Size and Volume Forecast by Application
6.3.1. Restaurants
6.3.2. Bars
6.3.3. Hotels
6.3.4. Cafes & Homes
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Filament LED Bulb Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Filament LED Bulb Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Filament LED Bulb Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Filament LED Bulb Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Filament LED Bulb Demand Share Forecast, 2019-2026
9. North America Filament LED Bulb Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Filament LED Bulb Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Filament LED Bulb Market Size and Volume Forecast by Application
9.4.1. Restaurants
9.4.2. Bars
9.4.3. Hotels
9.4.4. Cafes & Homes
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Filament LED Bulb Market Size and Volume Forecast by Type
9.7.1. 25 Watt Type
9.7.2. 40 Watt Type
9.7.3. 60 Watt Type
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Filament LED Bulb Demand Share Forecast, 2019-2026
10. Latin America Filament LED Bulb Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Filament LED Bulb Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Filament LED Bulb Market Size and Volume Forecast by Application
10.4.1. Restaurants
10.4.2. Bars
10.4.3. Hotels
10.4.4. Cafes & Homes
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Filament LED Bulb Market Size and Volume Forecast by Type
10.7.1. 25 Watt Type
10.7.2. 40 Watt Type
10.7.3. 60 Watt Type
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Filament LED Bulb Demand Share Forecast, 2019-2026
11. Europe Filament LED Bulb Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Filament LED Bulb Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Filament LED Bulb Market Size and Volume Forecast by Application
11.4.1. Restaurants
11.4.2. Bars
11.4.3. Hotels
11.4.4. Cafes & Homes
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Filament LED Bulb Market Size and Volume Forecast by Type
11.7.1. 25 Watt Type
11.7.2. 40 Watt Type
11.7.3. 60 Watt Type
11.7.4. Other
11.8. Basis Point Share (BPS)Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Filament LED Bulb Demand Share, 2019-2026
12. Asia Pacific Filament LED Bulb Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Filament LED Bulb Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Filament LED Bulb Market Size and Volume Forecast by Application
12.4.1. Restaurants
12.4.2. Bars
12.4.3. Hotels
12.4.4. Cafes & Homes
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Filament LED Bulb Market Size and Volume Forecast by Type
12.7.1. 25 Watt Type
12.7.2. 40 Watt Type
12.7.3. 60 Watt Type
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Filament LED Bulb Demand Share, 2019-2026
13. Middle East & Africa Filament LED Bulb Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Filament LED Bulb Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Filament LED Bulb Market Size and Volume Forecast by Application
13.4.1. Restaurants
13.4.2. Bars
13.4.3. Hotels
13.4.4. Cafes & Homes
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Filament LED Bulb Market Size and Volume Forecast by Type
13.7.1. 25 Watt Type
13.7.2. 40 Watt Type
13.7.3. 60 Watt Type
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Filament LED Bulb Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Filament LED Bulb Market: Market Share Analysis
14.2. Filament LED Bulb Distributors and Customers
14.3. Filament LED Bulb Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GE
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Brightech Ambience
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Vosla
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Verbatim
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ramselaar
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. UKLED
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Megaman
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Factorylux
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Philips
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sylvania
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Osram
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Feit Electric
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
