MARKET DEFINITION

The Earth's resources are under too much strain as a result of modern living, and we must all do our part to preserve the environment. A convenient and simple solution is to switch to LED lights that are friendly to the environment. Since they have been in use for so long, LED lights are a sustainable form of lighting. Additionally, LEDs can be recycled without harming the environment as they are made of recyclable materials and do not contain any harmful chemicals. As a result, recycling LED lights is simpler, since they use up to 90% less energy than conventional bulbs of equivalent light output. Because of this, there is a better chance that the global Eco-friendly LED Bulb Market will expand soon.

MARKET DYNAMICS

The government's initiative to promote eco-friendly LED lighting solutions for setting up in homes and institutions through programs is one of the key factors fueling the market's expansion. Additionally, users' increasing awareness of the high rate of power consumption is changing their preference for LEDs. However, the availability of substitute products at lower costs hinders the market growth. Furthermore, it is anticipated that a lucrative opportunity will arise as the global focus increases and shifts from conventional to smart lighting solutions.

REPORT SCOPE

The report titled “Global Eco-friendly LED Bulb Market – Size, Share, Growth, Opportunities, and Competitive Analysis, 2022 – 2028” offers strategic visions into the global Eco-friendly LED Bulb market along with the market size (Value in “US$ Mn”) for the historical period 2017 to 2021 and estimates for the forecast period 2022 to 2028. The RI report is an in-depth study of the global Eco-friendly LED Bulb market with a strong focus on key market trends, vital player strategies, and market forecast. The study also covers key market dynamics including drivers, restraints, opportunities, and challenges, and existing and upcoming pathways that help assist CXOs in making critical business decisions effectively. The global Eco-friendly LED Bulb Market is predicted to grow at a significant CAGR over the forecast period from 2022 to 2028.

GEOGRAPHICAL OVERVIEW

The research report includes a detailed overview of the industry comprising quantitative and qualitative information. It gives a broad overview of the worldwide market forecasts for major segments. It also includes market size and forecast projections for five key regions: North America, Europe, Asia-Pacific (APAC), South America and the Middle East & Africa (MEA), for the years 2017 to 2028. The market is further divided by categories and countries within each province. The research scrutinizes and forecasts over 20 nations throughout the world, as well as the present trend and possibilities that exist in these regions.

MARKET SEGMENTATION

The Global Eco-friendly LED Bulb Market is segmented based on Power Output (Watts), Product Type, Sales Channel, End Use Vertical, and region. Based on Power Output (Watts), the market has been segmented into <5 Watts, 5-9 Watts, 9-15 Watts, 15-25 Watts, 25-40 Watts, and > 40 Watts whereas based on Product Type, the market comprises Traditional, and Smart. Based on Sales Channel, the market has been segmented into Online Stores, Independent Retail Stores, Specialty Stores, hypermarket/Supermarket, and Others whereas, the End Use Vertical segmentation includes Residential, Commercial, and Industrial.

COMPETITION LANDSCAPE

The RI research report discusses noteworthy developments in the industry as well as organic and inorganic growth strategies being adopted by the Eco-friendly LED Bulb market players. The report covers industry activities including new product launches, mergers & acquisitions, business partnerships, and various expansion initiatives being undertaken by the active players in the market. These developments pave the path for various market participants to strengthen their positioning as well as expand their consumer base. The positive market outlook for the global Eco-friendly LED Bulb market is anticipated to present lucrative growth opportunities to the market players. The report also offers detailed profiles of major players in the global Eco-friendly LED Bulb market emphasizing on the strategic initiatives, financial information, SWOT analysis, and key development in the Eco-friendly LED Bulb industry in the past three years.

Key players in the Global Eco-friendly LED Bulb Market have adopted various organic as well as inorganic growth strategies to strengthen their market positioning. Prominent players in the market include:

• Signify Holding
• Osram
• SEPCO
• GE Lighting (SAVANT TECHNOLOGIES LLC)
• ACUITY BRANDS LIGHTING
• Eaton
• ElementalGreen
• Matsushita
• Panasonic Holdings Corporation
• Yangkang Lighting
• Op
• Hubbell
• Zumtobel Group
• NVC (ETI)
• Ria
• Thai Toshiba Lighting Co. Ltd.
• Finolex

COVID-19 IMPACT ANALYSIS ON GLOBAL ECO-FRIENDLY LED BULB MARKET

The COVID-19 pandemic is still a very personal, individual experience that is also an once-in-a-lifetime worldwide phenomena with far-reaching consequences. The epidemic has wreaked havoc on people's lives in all nations and communities, and also had a negative impact on global economic development in 2020 unlike anything seen in almost a century. The pandemic severely impacted key economies such as India, Brazil, the U.S., France, Russia, the UK, Italy, Turkey, and Argentina. According to estimates, the virus slowed global economic growth by -3.4 percent to -7.6 percent in 2020, with a rebound of 4.2 percent to 5.6 percent expected in 2021. In 2020, global commerce is expected to decline by 5.3 percent, but it is expected to rise by 8.0 percent in 2021.

In contrast to the global economic downturn in the first half of 2020, the economy began to showcase symptoms of a two-track recovery post the second quarter of 2020, with a fledgling rebound in developed nations however, slower growth in emerging economies. The outbreak of the Covid-19 pandemic has not only resulted in halted production activity but has also disrupted the global supply chain. The research goes on to evaluate the current and future implications of the COVID-19 pandemic both on the target as well as broader market thereby, providing accurate and trustworthy forecasts.

KEY QUESTIONS ANSWERED

1. What is the current size of the global Eco-friendly LED Bulb market?
2. What will be the growth rate of the market over the forecast period?
3. Who are the key manufacturers/vendors in the Eco-friendly LED Bulb market space?
4. What are the major market opportunities and market risks faced by the market?
5. What is the impact of COVID-19 on the market?
6. What are the revenue, sales, and price analysis of the top manufacturers in this market?
7. What are the key outcomes of Porter's five forces model?
8. Who are the distributors, traders, and vendors in the industry?

REASONS FOR BUYING THIS REPORT:

• The report offers comprehensive data on the Eco-friendly LED Bulb market elaborating on the current state and future growth prospects both globally and regionally
• It offers a six-year market forecast trend evaluating the impact of drivers and restraints and supporting factors for growth
• The report offers deep-dive insights into each market segment and critical factors responsible for its growth
• The report presents precise picture of the dynamic competitive landscape which helps our client advance their market position
• The comprehensive analysis of the market along with the inclusion of analyst recommendations ensures that our clients make informed business decisions
• Cross-segment country-level analysis included in the report which provides granular analysis of more than 20+ countries covered in the report scope
• The study includes detailed profiles of major manufacturers to help our readers gain holistic overview of the market competitors and consequently align their business strategies

Global Eco-friendly LED Bulb Market Growth, Trend and Forecast 2020-2028

Chapter 1 Eco-friendly LED Bulb Market Overview
1.1 Product Overview and Scope of Eco-friendly LED Bulb
1.2 Eco-friendly LED Bulb Market Segmentation by Type
1.2.1 Global Production Market Share of Eco-friendly LED Bulb by Type in 2019
1.2.1 Type 1
1.2.2 Type 2
1.2.3 Type 3
1.3 Eco-friendly LED Bulb Market Segmentation by Application
1.3.1 Eco-friendly LED Bulb Consumption Market Share by Application in 2019
1.3.2 Application 1
1.3.3 Application 2
1.3.4 Application 3
1.4 Eco-friendly LED Bulb Market Segmentation by Regions
1.4.1 North America
1.4.2 China
1.4.3 Europe
1.4.4 Southeast Asia
1.4.5 Japan
1.4.6 India
1.5 Global Market Size (Value) of Eco-friendly LED Bulb (2014-2028)

Chapter 2 Global Economic Impact on Eco-friendly LED Bulb Industry
2.1 Global Macroeconomic Environment Analysis
2.1.1 Global Macroeconomic Analysis
2.1.2 Global Macroeconomic Environment Development Trend
2.2 Global Macroeconomic Environment Analysis by Regions

Chapter 3 Global Eco-friendly LED Bulb Market Competition by Manufacturers
3.1 Global Eco-friendly LED Bulb Production and Share by Manufacturers (2019 and 2019)
3.2 Global Eco-friendly LED Bulb Revenue and Share by Manufacturers (2019 and 2019)
3.3 Global Eco-friendly LED Bulb Average Price by Manufacturers (2019 and 2019)
3.4 Manufacturers Eco-friendly LED Bulb Manufacturing Base Distribution, Production Area and Product Type
3.5 Eco-friendly LED Bulb Market Competitive Situation and Trends
3.5.1 Eco-friendly LED Bulb Market Concentration Rate
3.5.2 Eco-friendly LED Bulb Market Share of Top 3 and Top 5 Manufacturers
3.5.3 Mergers & Acquisitions, Expansion

Chapter 4 Global Eco-friendly LED Bulb Production, Revenue (Value) by Region (2014-2020)
4.1 Global Eco-friendly LED Bulb Production by Region (2014-2020)
4.2 Global Eco-friendly LED Bulb Production Market Share by Region (2014-2020)
4.3 Global Eco-friendly LED Bulb Revenue (Value) and Market Share by Region (2014-2020)
4.4 Global Eco-friendly LED Bulb Production, Revenue, Price and Gross Margin (2014-2020)
4.5 North America Eco-friendly LED Bulb Production, Revenue, Price and Gross Margin (2014-2020)
4.6 Europe Eco-friendly LED Bulb Production, Revenue, Price and Gross Margin (2014-2020)
4.7 China Eco-friendly LED Bulb Production, Revenue, Price and Gross Margin (2014-2020)
4.8 Japan Eco-friendly LED Bulb Production, Revenue, Price and Gross Margin (2014-2020)
4.9 Southeast Asia Eco-friendly LED Bulb Production, Revenue, Price and Gross Margin (2014-2020)
4.10 India Eco-friendly LED Bulb Production, Revenue, Price and Gross Margin (2014-2020)

Chapter 5 Global Eco-friendly LED Bulb Supply (Production), Consumption, Export, Import by Regions (2014-2020)
5.1 Global Eco-friendly LED Bulb Consumption by Regions (2014-2020)
5.2 North America Eco-friendly LED Bulb Production, Consumption, Export, Import by Regions (2014-2020)
5.3 Europe Eco-friendly LED Bulb Production, Consumption, Export, Import by Regions (2014-2020)
5.4 China Eco-friendly LED Bulb Production, Consumption, Export, Import by Regions (2014-2020)
5.5 Japan Eco-friendly LED Bulb Production, Consumption, Export, Import by Regions (2014-2020)
5.6 Southeast Asia Eco-friendly LED Bulb Production, Consumption, Export, Import by Regions (2014-2020)
5.7 India Eco-friendly LED Bulb Production, Consumption, Export, Import by Regions (2014-2020)

Chapter 6 Global Eco-friendly LED Bulb Production, Revenue (Value), Price Trend by Type
6.1 Global Eco-friendly LED Bulb Production and Market Share by Type (2014-2020)
6.2 Global Eco-friendly LED Bulb Revenue and Market Share by Type (2014-2020)
6.3 Global Eco-friendly LED Bulb Price by Type (2014-2020)
6.4 Global Eco-friendly LED Bulb Production Growth by Type (2014-2020)

Chapter 7 Global Eco-friendly LED Bulb Market Analysis by Application
7.1 Global Eco-friendly LED Bulb Consumption and Market Share by Application (2014-2020)
7.2 Global Eco-friendly LED Bulb Consumption Growth Rate by Application (2014-2020)
7.3 Market Drivers and Opportunities
7.3.1 Potential Applications
7.3.2 Emerging Markets/Countries

Chapter 8 Eco-friendly LED Bulb Manufacturing Cost Analysis
8.1 Eco-friendly LED Bulb Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Price Trend of Key Raw Materials
8.1.3 Key Suppliers of Raw Materials
8.1.4 Market Concentration Rate of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.2.1 Raw Materials
8.2.2 Labor Cost
8.2.3 Manufacturing Expenses
8.3 Manufacturing Process Analysis of Eco-friendly LED Bulb

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
9.1 Eco-friendly LED Bulb Industrial Chain Analysis
9.2 Upstream Raw Materials Sourcing
9.3 Raw Materials Sources of Eco-friendly LED Bulb Major Manufacturers in 2019
9.4 Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders
10.1 Marketing Channel
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.1.3 Marketing Channel Development Trend
10.2 Market Positioning
10.2.1 Pricing Strategy
10.2.2 Brand Strategy
10.2.3 Target Client
10.3 Distributors/Traders List

Chapter 11 Market Effect Factors Analysis
11.1 Technology Progress/Risk
11.1.1 Substitutes Threat
11.1.2 Technology Progress in Related Industry
11.2 Consumer Needs/Customer Preference Change
11.3 Economic/Political Environmental Change

Chapter 12 Global Eco-friendly LED Bulb Market Forecast (2020-2028)
12.1 Global Eco-friendly LED Bulb Production, Revenue Forecast (2020-2028)
12.2 Global Eco-friendly LED Bulb Production, Consumption Forecast by Regions (2020-2028)
12.3 Global Eco-friendly LED Bulb Production Forecast by Type (2020-2028)
12.4 Global Eco-friendly LED Bulb Consumption Forecast by Application (2020-2028)
12.5 Eco-friendly LED Bulb Price Forecast (2020-2028)

Chapter 13 Appendix