The global LED strip market is expected to grow at a CAGR of around 12.5% during the forecast period, from 2021 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient lighting solutions and the growing adoption of LED technology in commercial applications.
LEDs are an emerging technology that has been gaining traction over the past few years due to their high efficiency and low power consumption. LEDs are also known for their long lifespan, which is up to 50 times more than traditional light sources such as incandescent bulbs or fluorescent lamps. This makes them an attractive option for commercial applications where maintenance costs are high and replacement costs are expensive.
LEDs are a type of semiconductor that emits light when an electric current is applied. LEDs are used in many applications, including traffic lights, car headlights, and flashlights. The LED strip market is expected to grow due to the increasing demand for energy-efficient lighting solutions.
Industry Growth Insights published a new data on “Light-Emitting Diodes (LEDs) Strip Market”. The research report is titled “Light-Emitting Diodes (LEDs) Strip Market research by Types (5050, 3528, Others), By Applications (Home Application, Commercial Application), By Players/Companies OML Technology, Jiasheng Lighting, LEDVANCE, Philips, Forge Europa, Sidon Lighting, Optek Electronics, NVC Lighting, Opple, Jesco Lighting, Ledtronics, PAK, FSL, Aurora, Orlight, Ledridge Lighting, Digital Advanced Lighting, Lighting Ever LTD, LEDMY, Sidon Lighting, Sidon Lighting”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Light-Emitting Diodes (LEDs) Strip Market Research Report
By Type
5050, 3528, Others
By Application
Home Application, Commercial Application
By Companies
OML Technology, Jiasheng Lighting, LEDVANCE, Philips, Forge Europa, Sidon Lighting, Optek Electronics, NVC Lighting, Opple, Jesco Lighting, Ledtronics, PAK, FSL, Aurora, Orlight, Ledridge Lighting, Digital Advanced Lighting, Lighting Ever LTD, LEDMY, Sidon Lighting, Sidon Lighting
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
 Strip Industry Outlook.svg)
Global Light-Emitting Diodes (LEDs) Strip Market Report Segments:
The global Light-Emitting Diodes (LEDs) Strip market is segmented on the basis of:
Types
5050, 3528, Others
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
Home Application, Commercial Application
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:
- OML Technology
- Jiasheng Lighting
- LEDVANCE
- Philips
- Forge Europa
- Sidon Lighting
- Optek Electronics
- NVC Lighting
- Opple
- Jesco Lighting
- Ledtronics
- PAK
- FSL
- Aurora
- Orlight
- Ledridge Lighting
- Digital Advanced Lighting
- Lighting Ever LTD
- LEDMY
- Sidon Lighting
- Sidon Lighting
 Strip Market Overview.svg)
Highlights of The Light-Emitting Diodes (LEDs) Strip 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:
- 5050
- 3528
- Others
- By Application:
- Home Application
- Commercial Application
- 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 Light-Emitting Diodes (LEDs) Strip 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
 Strip Market Statistics.svg)
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?
A light-emitting diode (LED) strip is a thin, flexible sheet of LEDs that can be cut to any length. They are often used as lighting strips or as part of larger displays.
Some of the major players in the light-emitting diodes (leds) strip market are OML Technology, Jiasheng Lighting, LEDVANCE, Philips, Forge Europa, Sidon Lighting, Optek Electronics, NVC Lighting, Opple, Jesco Lighting, Ledtronics, PAK, FSL, Aurora, Orlight, Ledridge Lighting, Digital Advanced Lighting, Lighting Ever LTD, LEDMY, Sidon Lighting, Sidon Lighting.
The light-emitting diodes (leds) strip market is expected to grow at a compound annual growth rate of 12.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Light-Emitting Diodes (LEDs) Strip 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. Light-Emitting Diodes (LEDs) Strip Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Light-Emitting Diodes (LEDs) Strip Market - Supply Chain
4.5. Global Light-Emitting Diodes (LEDs) Strip Market Forecast
4.5.1. Light-Emitting Diodes (LEDs) Strip Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Light-Emitting Diodes (LEDs) Strip Market Size (000 Units) and Y-o-Y Growth
4.5.3. Light-Emitting Diodes (LEDs) Strip Market Absolute $ Opportunity
5. Global Light-Emitting Diodes (LEDs) Strip 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. Light-Emitting Diodes (LEDs) Strip Market Size and Volume Forecast by Type
5.3.1. 5050
5.3.2. 3528
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Light-Emitting Diodes (LEDs) Strip 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. Light-Emitting Diodes (LEDs) Strip Market Size and Volume Forecast by Application
6.3.1. Home Application
6.3.2. Commercial Application
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Light-Emitting Diodes (LEDs) Strip 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. Light-Emitting Diodes (LEDs) Strip 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 Light-Emitting Diodes (LEDs) Strip 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. Light-Emitting Diodes (LEDs) Strip 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 Light-Emitting Diodes (LEDs) Strip Demand Share Forecast, 2019-2026
9. North America Light-Emitting Diodes (LEDs) Strip 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 Light-Emitting Diodes (LEDs) Strip 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 Light-Emitting Diodes (LEDs) Strip Market Size and Volume Forecast by Application
9.4.1. Home Application
9.4.2. Commercial Application
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Light-Emitting Diodes (LEDs) Strip Market Size and Volume Forecast by Type
9.7.1. 5050
9.7.2. 3528
9.7.3. Others
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 Light-Emitting Diodes (LEDs) Strip Demand Share Forecast, 2019-2026
10. Latin America Light-Emitting Diodes (LEDs) Strip 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 Light-Emitting Diodes (LEDs) Strip 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 Light-Emitting Diodes (LEDs) Strip Market Size and Volume Forecast by Application
10.4.1. Home Application
10.4.2. Commercial Application
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Light-Emitting Diodes (LEDs) Strip Market Size and Volume Forecast by Type
10.7.1. 5050
10.7.2. 3528
10.7.3. Others
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 Light-Emitting Diodes (LEDs) Strip Demand Share Forecast, 2019-2026
11. Europe Light-Emitting Diodes (LEDs) Strip 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 Light-Emitting Diodes (LEDs) Strip 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 Light-Emitting Diodes (LEDs) Strip Market Size and Volume Forecast by Application
11.4.1. Home Application
11.4.2. Commercial Application
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Light-Emitting Diodes (LEDs) Strip Market Size and Volume Forecast by Type
11.7.1. 5050
11.7.2. 3528
11.7.3. Others
118. 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 Light-Emitting Diodes (LEDs) Strip Demand Share, 2019-2026
12. Asia Pacific Light-Emitting Diodes (LEDs) Strip 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 Light-Emitting Diodes (LEDs) Strip 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 Light-Emitting Diodes (LEDs) Strip Market Size and Volume Forecast by Application
12.4.1. Home Application
12.4.2. Commercial Application
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Light-Emitting Diodes (LEDs) Strip Market Size and Volume Forecast by Type
12.7.1. 5050
12.7.2. 3528
12.7.3. Others
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 Light-Emitting Diodes (LEDs) Strip Demand Share, 2019-2026
13. Middle East & Africa Light-Emitting Diodes (LEDs) Strip 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 Light-Emitting Diodes (LEDs) Strip 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 Light-Emitting Diodes (LEDs) Strip Market Size and Volume Forecast by Application
13.4.1. Home Application
13.4.2. Commercial Application
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Light-Emitting Diodes (LEDs) Strip Market Size and Volume Forecast by Type
13.7.1. 5050
13.7.2. 3528
13.7.3. Others
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 Light-Emitting Diodes (LEDs) Strip Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Light-Emitting Diodes (LEDs) Strip Market: Market Share Analysis
14.2. Light-Emitting Diodes (LEDs) Strip Distributors and Customers
14.3. Light-Emitting Diodes (LEDs) Strip Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. OML Technology
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Jiasheng Lighting
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. LEDVANCE
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Philips
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Forge Europa
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sidon Lighting
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Optek Electronics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. NVC Lighting
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Opple
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Jesco Lighting
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Ledtronics
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. PAK
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. FSL
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Aurora
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Orlight
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Ledridge Lighting
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Digital Advanced Lighting
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Lighting Ever LTD
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. LEDMY
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Sidon Lighting
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
