Market Overview:
The global LED blanket market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for LED blankets from hospitals and clinics, birthing centers, and other applications. North America is expected to lead the global LED blanket market in terms of revenue during the forecast period.
Product Definition:
A LED blanket is a type of blanket that has light-emitting diodes (LEDs) embedded in it. LED blankets are used for a variety of purposes, including providing warmth, providing light, and as a source of entertainment.
Large Type:
Large type is a term used to define any display larger than 30-inch and is applied to all sizes of digital and non-digital signs. The growth factor in the large type market refers to the rate at which it is growing in terms of its applications, products, technologies & services. Large type has been witnessing significant demand from different end-use industries such as hospitality, retailing & advertising industry owing to its high readability and visibility from a longer distance.
Small Type:
Small type is a term used for the variety of LED products that have small dimensions and are lightweight. Small type products can be easily fit in any places as compared to large types which are designed for heavy-duty applications. The size, brightness, color quality and lifespan of these smaller variants all add up to provide better value proposition in comparison with larger counterparts.
The global small type blanket market was valued at USD 652 million in 2016.
Application Insights:
Based on the application, the market has been segmented into hospitals and clinics, birthing centers, hotels and restaurants, offices and other commercial buildings, stadiums and sports grounds. Other applications include healthcare facilities (hospitals), retail stores/malls/supermarkets as well as transportation terminals. The others segment includes public places such as city halls or municipal corporations.
The hospitals & clinics application is expected to dominate the global LED blanket market over the forecast period owing to increasing investments in medical tourism at a global level due to various factors such as increasing disposable income of middle-class population along with rising life expectancy across all major regions of the world including Africa Asia Pacific Europe Latin America Middle East & Africa which are likely to contribute towards industry growth over next eight years.
Regional Analysis:
North America led the global market in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing adoption of innovative technologies and growing healthcare awareness among individuals. Moreover, presence of well-established healthcare facilities and favorable reimbursement policies are also propelling market growth in this region.
Asia Pacific is anticipated to be the fastest-growing regional market from 2018 to 2030 due to rising geriatric population, improving medical infrastructure, increasing disposable income levels coupled with a high birth rate in developing economies such as China and India. These factors are expected to boost demand for maternity care products such as LED blankets during childbirth procedures which will further propel industry growth over the next eight years time frame.
Europe accounted for more than 25% share of global revenue in 2017 owing both volume wise as well as revenue generated through exports across various countries including Germany, U.K., Spain, Italy etc.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Rising awareness about the benefits of LED lighting
- Technological advancements in LED technology
- Growing demand for decorative LED blankets
- Rising popularity of eco-friendly products
Scope Of The Report
Report Attributes
Report Details
Report Title
LED Blanket Market Research Report
By Type
Large Type, Small Type
By Application
Hospitals & Clinics, Birthing Centers, Others
By Companies
GE Healthcare, Philips, Atom, Natus
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global LED Blanket Market Report Segments:
The global LED Blanket market is segmented on the basis of:
Types
Large Type, Small Type
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
Hospitals & Clinics, Birthing Centers, Others
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 Healthcare
- Philips
- Atom
- Natus
Highlights of The LED Blanket 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:
- Large Type
- Small Type
- By Application:
- Hospitals & Clinics
- Birthing Centers
- Others
- 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 LED Blanket 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?
LED Blanket is a type of light emitting diode (LED) lighting that can be used to create a variety of different colors and patterns. LED Blanket is often used in commercial or industrial settings, where it can be attached to ceilings, walls, or other surfaces.
Some of the major companies in the led blanket market are GE Healthcare, Philips, Atom, Natus.
The led blanket market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. LED Blanket 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. LED Blanket Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. LED Blanket Market - Supply Chain
4.5. Global LED Blanket Market Forecast
4.5.1. LED Blanket Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. LED Blanket Market Size (000 Units) and Y-o-Y Growth
4.5.3. LED Blanket Market Absolute $ Opportunity
5. Global LED Blanket 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. LED Blanket Market Size and Volume Forecast by Type
5.3.1. Large Type
5.3.2. Small Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global LED Blanket 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. LED Blanket Market Size and Volume Forecast by Application
6.3.1. Hospitals & Clinics
6.3.2. Birthing Centers
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global LED Blanket 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. LED Blanket 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 LED Blanket 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. LED Blanket 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 LED Blanket Demand Share Forecast, 2019-2026
9. North America LED Blanket 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 LED Blanket 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 LED Blanket Market Size and Volume Forecast by Application
9.4.1. Hospitals & Clinics
9.4.2. Birthing Centers
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America LED Blanket Market Size and Volume Forecast by Type
9.7.1. Large Type
9.7.2. Small Type
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 LED Blanket Demand Share Forecast, 2019-2026
10. Latin America LED Blanket 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 LED Blanket 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 LED Blanket Market Size and Volume Forecast by Application
10.4.1. Hospitals & Clinics
10.4.2. Birthing Centers
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America LED Blanket Market Size and Volume Forecast by Type
10.7.1. Large Type
10.7.2. Small Type
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 LED Blanket Demand Share Forecast, 2019-2026
11. Europe LED Blanket 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 LED Blanket 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 LED Blanket Market Size and Volume Forecast by Application
11.4.1. Hospitals & Clinics
11.4.2. Birthing Centers
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe LED Blanket Market Size and Volume Forecast by Type
11.7.1. Large Type
11.7.2. Small Type
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
1.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe LED Blanket Demand Share, 2019-2026
12. Asia Pacific LED Blanket 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 LED Blanket 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 LED Blanket Market Size and Volume Forecast by Application
12.4.1. Hospitals & Clinics
12.4.2. Birthing Centers
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific LED Blanket Market Size and Volume Forecast by Type
12.7.1. Large Type
12.7.2. Small Type
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 LED Blanket Demand Share, 2019-2026
13. Middle East & Africa LED Blanket 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 LED Blanket 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 LED Blanket Market Size and Volume Forecast by Application
13.4.1. Hospitals & Clinics
13.4.2. Birthing Centers
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa LED Blanket Market Size and Volume Forecast by Type
13.7.1. Large Type
13.7.2. Small Type
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 LED Blanket Demand Share, 2019-2026
14. Competition Landscape
14.1. Global LED Blanket Market: Market Share Analysis
14.2. LED Blanket Distributors and Customers
14.3. LED Blanket Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GE Healthcare
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Philips
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Atom
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Natus
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
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
