Market Overview:
The global smart led candle bulbs market is expected to grow at a CAGR of XX% 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 trend of home automation. The global smart led candle bulbs market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into ZigBee, Wi-Fi, Bluetooth, and others. The ZigBee segment is expected to hold a major share in this market due to its low power consumption and long battery life. On the basis of application, the global smart led candle bulbs market can be classified into home, office, shop/retail store, hospitality sector (hotels/motels), and others (institutional buildings such as schools or hospitals). The home segment is anticipated to account for a majority share in this market owing to rising consumer awareness about energy efficiency coupled with government initiatives promoting LED lighting products.
Product Definition:
A Smart LED Candle Bulb is an LED light bulb that has been designed to look and act like a traditional candle. It has a wick that can be lit, and it produces a realistic flame effect. Smart Led Candle Bulbs are important because they allow people to enjoy the ambiance of candles without having to worry about fire hazards or open flames.
ZigBee:
ZigBee is a wireless protocol for communication. It uses 2-way radio frequency band from 434 MHz to 870 MHz and infra-red band (IR) of light range from 700 nm to 3.5 mm. The major advantage of ZigBee is that it can penetrate into the deep darkness as long as there is enough ambient light for the device to operate normally.
Wi-Fi:
Wi-Fi (Wireless Fidelity) is a wireless technology used in mobile phones, personal computers, and various electronic devices. It enables these devices to communicate with each other and access the internet. Smart candles are connected through Wi-Fi enabled smart bulbs that can be controlled through an application on a smartphone or tablet. The application allows the user to set alarms via voice command or by tapping on the screen of their device.
Application Insights:
The home application segment dominated the global smart led candle bulbs market in 2017. The use of these products at home has increased due to growing awareness about energy conservation and environmental protection. Furthermore, consumers are preferring wireless connectivity in their homes as it provides entertainment and communication features along with security functions. These products can be used for lighting purposes or as a hub for controlling other devices such as music systems, air conditioners, heaters etc. via remote control operation from anywhere in the house through mobile applications or web browsers installed on computers or smartphones.
The office application segment is expected to witness significant growth over the forecast period owing to increasing demand from commercial spaces such as offices.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030. The region has been witnessing increasing adoption of smart devices, such as smartphones and tablets, which are driving the demand for connected candles. Moreover, rising disposable income levels in developing countries like China and India have led to an increase in spending on luxury household products including decorative lighting. This trend is anticipated to drive product sales across the globe over the next few years.
North America accounted for more than 25% share of global revenue in 2017 owing to early adoption by consumers coupled with high disposable income levels in countries like Canada and U.S., which makes them prefer buying premium quality products including smart LED candles at higher prices compared to other regions around the world.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Rising awareness about the benefits of LED bulbs over traditional light bulbs
- Government initiatives and subsidies for LED bulb purchases
- Technological advancements that have led to the development of more efficient and affordable LED bulbs
- Growing popularity of smart home technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Led Candle Bulbs Market Research Report
By Type
ZigBee, Wi-Fi, Bluetooth, Others
By Application
Home, Office, Shop, Hospitality, Others
By Companies
Philips Lighting, General Electric Company, LIFX (Buddy), OSRAM, Sengled, Cree, iLumi solutions, Feit Electric, Yeelight, TCP, Huawei, Revogi
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Smart Led Candle Bulbs Market Report Segments:
The global Smart Led Candle Bulbs market is segmented on the basis of:
Types
ZigBee, Wi-Fi, Bluetooth, 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, Office, Shop, Hospitality, 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:
- Philips Lighting
- General Electric Company
- LIFX (Buddy)
- OSRAM
- Sengled
- Cree
- iLumi solutions
- Feit Electric
- Yeelight
- TCP
- Huawei
- Revogi
Highlights of The Smart Led Candle Bulbs 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:
- ZigBee
- Wi-Fi
- Bluetooth
- Others
- By Application:
- Home
- Office
- Shop
- Hospitality
- 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 Smart Led Candle Bulbs 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?
Smart Led Candle Bulbs are a new type of LED light bulb that uses a built-in sensor to detect when it is dark and turn on the light. This allows you to use less energy by turning off the lights when you leave the room.
Some of the major players in the smart led candle bulbs market are Philips Lighting, General Electric Company, LIFX (Buddy), OSRAM, Sengled, Cree, iLumi solutions, Feit Electric, Yeelight, TCP, Huawei, Revogi.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Smart Led Candle Bulbs 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. Smart Led Candle Bulbs Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Smart Led Candle Bulbs Market - Supply Chain
4.5. Global Smart Led Candle Bulbs Market Forecast
4.5.1. Smart Led Candle Bulbs Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Smart Led Candle Bulbs Market Size (000 Units) and Y-o-Y Growth
4.5.3. Smart Led Candle Bulbs Market Absolute $ Opportunity
5. Global Smart Led Candle Bulbs 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. Smart Led Candle Bulbs Market Size and Volume Forecast by Type
5.3.1. ZigBee
5.3.2. Wi-Fi
5.3.3. Bluetooth
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Smart Led Candle Bulbs 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. Smart Led Candle Bulbs Market Size and Volume Forecast by Application
6.3.1. Home
6.3.2. Office
6.3.3. Shop
6.3.4. Hospitality
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Smart Led Candle Bulbs 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. Smart Led Candle Bulbs 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 Smart Led Candle Bulbs 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. Smart Led Candle Bulbs 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 Smart Led Candle Bulbs Demand Share Forecast, 2019-2026
9. North America Smart Led Candle Bulbs 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 Smart Led Candle Bulbs 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 Smart Led Candle Bulbs Market Size and Volume Forecast by Application
9.4.1. Home
9.4.2. Office
9.4.3. Shop
9.4.4. Hospitality
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Smart Led Candle Bulbs Market Size and Volume Forecast by Type
9.7.1. ZigBee
9.7.2. Wi-Fi
9.7.3. Bluetooth
9.7.4. 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 Smart Led Candle Bulbs Demand Share Forecast, 2019-2026
10. Latin America Smart Led Candle Bulbs 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 Smart Led Candle Bulbs 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 Smart Led Candle Bulbs Market Size and Volume Forecast by Application
10.4.1. Home
10.4.2. Office
10.4.3. Shop
10.4.4. Hospitality
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Smart Led Candle Bulbs Market Size and Volume Forecast by Type
10.7.1. ZigBee
10.7.2. Wi-Fi
10.7.3. Bluetooth
10.7.4. 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 Smart Led Candle Bulbs Demand Share Forecast, 2019-2026
11. Europe Smart Led Candle Bulbs 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 Smart Led Candle Bulbs 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 Smart Led Candle Bulbs Market Size and Volume Forecast by Application
11.4.1. Home
11.4.2. Office
11.4.3. Shop
11.4.4. Hospitality
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Smart Led Candle Bulbs Market Size and Volume Forecast by Type
11.7.1. ZigBee
11.7.2. Wi-Fi
11.7.3. Bluetooth
11.7.4. Others
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 Smart Led Candle Bulbs Demand Share, 2019-2026
12. Asia Pacific Smart Led Candle Bulbs 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 Smart Led Candle Bulbs 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 Smart Led Candle Bulbs Market Size and Volume Forecast by Application
12.4.1. Home
12.4.2. Office
12.4.3. Shop
12.4.4. Hospitality
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Smart Led Candle Bulbs Market Size and Volume Forecast by Type
12.7.1. ZigBee
12.7.2. Wi-Fi
12.7.3. Bluetooth
12.7.4. 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 Smart Led Candle Bulbs Demand Share, 2019-2026
13. Middle East & Africa Smart Led Candle Bulbs 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 Smart Led Candle Bulbs 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 Smart Led Candle Bulbs Market Size and Volume Forecast by Application
13.4.1. Home
13.4.2. Office
13.4.3. Shop
13.4.4. Hospitality
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Smart Led Candle Bulbs Market Size and Volume Forecast by Type
13.7.1. ZigBee
13.7.2. Wi-Fi
13.7.3. Bluetooth
13.7.4. 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 Smart Led Candle Bulbs Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Smart Led Candle Bulbs Market: Market Share Analysis
14.2. Smart Led Candle Bulbs Distributors and Customers
14.3. Smart Led Candle Bulbs Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Philips Lighting
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. General Electric Company
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. LIFX (Buddy)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. OSRAM
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sengled
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Cree
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. iLumi solutions
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Feit Electric
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Yeelight
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. TCP
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Huawei
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Revogi
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