United Kingdom LED lighting market
is expected to grow at a significant CAGR during the forecast period. LED
light offer numerous advantages such as longer life span, lower heat levels,
and is highly intense and bright in nature which are factors significantly
contributing to surge the demand of LED lights in United Kingdom. Growing
demand for lighting from commercial and residential spaces for proper lighting
to provide better working and living condition is generating the need for
energy efficient lights thereby creating lucrative opportunities for the LED
lighting market. LED lights are highly energy efficient in nature and the
transition towards LED lighting can save huge expenses which in turn is
expected to influence the growth of the market. Government initiatives to
promote green revolution by adoption of emission free and energy efficient
systems in United Kingdom which in turn is leading to high demand for
installation of LED lights as LED lights are environment friendly and durable
in nature. Also, the implementation of energy efficient regulations which is
aiding in minimizing the sales of incandescent lighting and halogen lighting.
Market players are investing huge amounts to upgrade the existing technology
infrastructure by widening the spectrum and improve the LED light output and
quality.
United Kingdom LED lighting market
is segmented into type, application, installation
type, end user, distribution channel, regional distribution, and company. Based on application, market can
be further bifurcated into outdoor lighting and indoor lighting. The indoor
lighting segment is expected to account for major markets share for the
forecast period, 2023-2027. Ongoing infrastructural activities along with
upcoming construction projects require the installation of energy efficient LED
lighting. High demand for in door lighting in United Kingdom and surge in
expenditure capacity of consumers is driving the growth of this segment.
The major players operating in the
United Kingdom LED lighting market are Philips Lighting
UK, General Electric Company, Bamford Lighting, EGLO UK, Liteplan Limited, Dextra
Lighting Ltd, Signify Commercial UK Ltd, FW Thorpe plc, Thorn Lighting Ltd, Crompton
Lamps Limited, Maclean Electrical Group, Eaton Corporation Plc, among others.
Major companies are developing advanced technologies and launching new services
to stay competitive in the market. Other competitive strategies include mergers
& acquisitions and new service developments.
Objective of the Study:
- To analyze the historical growth of the market
size of United Kingdom LED lighting market from 2017 to 2020.
- To estimate and forecast the market size of United
Kingdom LED lighting market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast United Kingdom LED
lighting market based on type, application, installation type, end user, distribution
channel, regional distribution, and company.
- To identify dominant region or segment in the United
Kingdom LED lighting market.
- To identify drivers and challenges for United
Kingdom LED lighting market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in United
Kingdom LED lighting market.
- To identify and analyze the profile of leading
players operating in United Kingdom LED lighting market.
- To identify key sustainable strategies adopted
by market players in United Kingdom LED lighting market.
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TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of manufacturers across the globe. Subsequently, TechSci
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the manufacturers which
could not be identified due to the limitations of secondary research. TechSci
Research analyzed the manufacturers, distribution channels and presence of all
major players across the globe.
TechSci Research calculated the market size of United Kingdom LED lighting market using a bottom-up approach, wherein data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also studied
by TechSci Research.
Key Target Audience:
- LED lighting manufacturing
companies
- Market research and
consulting firms
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums and
alliances related to LED lighting market
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as manufacturers, suppliers and partners, end users, etc., besides
allowing them in strategizing investments and capitalizing on market
opportunities.
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Attribute
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Details
|
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Base Year
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2021
|
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Historical Data
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2017 – 2020
|
|
Estimated Year
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2022
|
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million and CAGR for 2017-2021 and 2022-2027
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|
Report coverage
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Revenue forecast, company share, competitive landscape, growth
factors, and trends
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|
Segments covered
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·
Type
·
Application
·
Installation Type
·
End User
·
Distribution Channel
|
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Regional scope
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London; Southeast; East Anglia; Scotland; Southwest; East
Midlands; Yorkshire & Humberside; Rest of United Kingdom
|
|
Key companies profiled
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Philips Lighting UK, General Electric Company, Bamford
Lighting, EGLO UK, Liteplan Limited, Dextra Lighting Ltd, Signify Commercial
UK Ltd, FW Thorpe plc, Thorn Lighting Ltd, Crompton Lamps Limited, Maclean
Electrical Group, Eaton Corporation Plc.
|
|
Customization scope
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10% free report customization with purchase. Addition or
alteration to country, regional & segment scope.
|
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Pricing and purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
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Delivery Format
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PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request)
|
Report Scope:
In this report, United Kingdom LED
lighting market has been segmented into following categories, in addition to
the industry trends which have also been detailed below:
·
United Kingdom LED Lighting Market,
By Type:
- LED Bulbs & Lamps
- Batten Lights
- Downlights
- Others
- United Kingdom LED Lighting Market, By Application:
- Outdoor Lighting
- Indoor Lighting
- United Kingdom LED Lighting Market, By Installation
Type:
- New Installation
- Retrofit Installation
- United Kingdom LED Lighting Market, By End User:
- Commercial
- Residential
- Others
- United Kingdom LED Lighting Market, By
Distribution Channel:
- United Kingdom LED
Lighting Market, By Region:
o London
o Southeast
o East Anglia
o Scotland
o Southwest
o East Midlands
o Yorkshire & Humberside
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in United Kingdom LED lighting market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
United Kingdom LED lighting market is an upcoming report to be released
soon. If you wish an early delivery of this report or want to confirm the date
of release, please contact us at [email protected]