UK LED Lighting Market - Industry Size, Share, Trends, Opportunity and Forecast, 2027 | TechSci Research

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.

Access Sample Copy of Report? Inquiry Here@ 
https://www.techsciresearch.com/sample-report.aspx?cid=7547

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.


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.

Click here to download the sample

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.

Attribute

Details

Base Year

2021

Historical Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Type

·         Application

·         Installation Type

·         End User

·         Distribution Channel

Regional scope

London; Southeast; East Anglia; Scotland; Southwest; East Midlands; Yorkshire & Humberside; Rest of United Kingdom

Key companies profiled

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

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

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:
    • Direct Sales
    • Retail
  • United Kingdom LED Lighting Market, By Region:

o   London

o   Southeast

o   East Anglia

o   Scotland

o   Southwest

o   East Midlands

o   Yorkshire & Humberside

    • Rest of United Kingdom

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in United Kingdom LED lighting market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: sales@techsciresearch.com

Website: https://www.techsciresearch.com

Comments

Post a Comment

Popular posts from this blog

Saudi Arabia Inductor Market Analysis By Inductance, Size, Share, Trend, Competition, Future Growth Forecast 2027 | TechSci Research

Image
Saudi Arabia inductor market is expected to grow at a steady CAGR during the forecast period. The rise in the demand for consumer electronics and the growing per capita income of middle-class families is increasing consumers' expenditure capacity, which is considered the major driving factor for the growth of the inductor market in the forecast period. The growing adoption of electric vehicles due to the surge in awareness regarding the harmful emissions into the environment is expected to support the growth of the Saudi Arabia inductor market. The surge in the government initiatives to boost other industries growth to diversify the income sources and reduce the dependency on the oil industry as the oil industry is considered the major income-generating industry in Saudi Arabia is expected to foster the demand for semiconductor-related industries, which in turn is influencing the inductor market growth. Ongoing initiatives such as Neom city, National Transformation Program, and th...
Read more

Global Multi-Cloud Management Market Analysis By Platform, Size, Share, Trend, Competition, Future Growth Forecast 2027 | TechSci Research

Global multi-cloud management market is expected to grow at a significant CAGR during the forecast period. Growing implementation of multi cloud management solutions by enterprises across the globe is one of the key factors due to which the market is anticipated to rev up during the forecast years. Moreover, ambiguity about single cloud reliability is positively impacting the growth of market during the forecast period. Furthermore, adoption of micro-services for cloud native applications is expected to bolster the growth of market over the next few years. However, lack of security might act as major impediment to the growth of global multi-cloud management market in the years to come. The global multi-cloud management market is segmented based on  platform, service type, deployment mode, application, end user , company, and region. Based on   platform, the market can be categorized into internal brokerage enablement and external brokerage enablement. Out of which, the extern...
Read more

Vietnam Telecom Market Demand Is Driven By The Proliferation Of Smartphones And Increase In The Fixed Broadband Subscribers | TechSci Research

Image
According to TechSci Research,  Vietnam Telecom market is expected to grow at a steady CAGR in the forecast period, 2023-2027. The proliferation of smartphones and increase in the fixed broadband subscribers is driving the demand of the Vietnam Telecom market. The growing demand for high-speed connectivity by the customers and the massive expenditure for the deployment of the 5G technology are expected to influence the market growth. The use of 5G technology can facilitate autonomous cars and other smart devices and equipment to obtain real-time information. The shift in customers' preference for the adoption of next-generation technologies and getting real-time data from the customers are contributing to the Vietnam Telecom market growth.  The COVID-19 pandemic and the work from home facility provided to the employees is surging the demand for broader bandwidth. The growing adoption of the internet of things technology among the prominent industry verticals to get real-time ...
Read more