LED Light Engine Market
LED Light Engine Market - Global Industry Assessment & Forecast
Segments Covered
- By Product Type Lamps, Luminaires
- By Installation Type New Installation, Retrofit Installation
- By End-Use Application Indoor Lighting, Outdoor Lighting
- By Region North America, Europe, Asia Pacific, Middle East & Africa, Latin America
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 46.12 Billion |
Revenue 2030: | USD 144.08 Billion |
Revenue CAGR (2023 - 2030): | 15.30% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
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Executive Dashboard
- Strategic Imperatives
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Premium Insights
- Top 3 Trends to Watch
- Demand and Supply Trends
- Top 3 Strategies Followed by Major Players
- Top 3 Predictions by Vantage Market Research
- Top Investment Pockets
- Insights from Primary Respondents
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Global LED Light Engine Market - Segment Analysis
- Overview
- Global LED Light Engine Market, 2016 - 2028 (USD Million)
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Global LED Light Engine Market - by Product Type
- By Lamps
- By Luminaires
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Global LED Light Engine Market - by Installation Type
- By New Installation
- By Retrofit Installation
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Global LED Light Engine Market - by End-Use Application
- By Indoor Lighting
- By Outdoor Lighting
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Global LED Light Engine Market - by region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Market comparative analysis
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North America LED Light Engine Market - Segment Analysis
- Overview
- North America LED Light Engine Market, 2016 - 2028 (USD Million)
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North America LED Light Engine Market, by Product Type
- By Lamps
- By Luminaires
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North America LED Light Engine Market, by Installation Type
- By New Installation
- By Retrofit Installation
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North America LED Light Engine Market, by End-Use Application
- By Indoor Lighting
- By Outdoor Lighting
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North America LED Light Engine Market, by Country
- U.S.
- U.S. LED Light Engine Market, By Product Type
- By Lamps
- By Luminaires
- U.S. LED Light Engine Market, By Installation Type
- By New Installation
- By Retrofit Installation
- U.S. LED Light Engine Market, By End-Use Application
- By Indoor Lighting
- By Outdoor Lighting
- U.S. LED Light Engine Market, By Product Type
- Canada
- Canada LED Light Engine Market, By Product Type
- By Lamps
- By Luminaires
- Canada LED Light Engine Market, By Installation Type
- By New Installation
- By Retrofit Installation
- Canada LED Light Engine Market, By End-Use Application
- By Indoor Lighting
- By Outdoor Lighting
- Canada LED Light Engine Market, By Product Type
- Mexico
- Mexico LED Light Engine Market, By Product Type
- By Lamps
- By Luminaires
- Mexico LED Light Engine Market, By Installation Type
- By New Installation
- By Retrofit Installation
- Mexico LED Light Engine Market, By End-Use Application
- By Indoor Lighting
- By Outdoor Lighting
- Mexico LED Light Engine Market, By Product Type
- U.S.
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Europe LED Light Engine Market - Segment Analysis
- Overview
- Europe LED Light Engine Market, 2016 - 2028 (USD Million)
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Europe LED Light Engine Market, by Product Type
- By Lamps
- By Luminaires
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Europe LED Light Engine Market, by Installation Type
- By New Installation
- By Retrofit Installation
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Europe LED Light Engine Market, by End-Use Application
- By Indoor Lighting
- By Outdoor Lighting
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Europe LED Light Engine Market, by Country
- Germany
- Germany LED Light Engine Market, By Product Type
- By Lamps
- By Luminaires
- Germany LED Light Engine Market, By Installation Type
- By New Installation
- By Retrofit Installation
- Germany LED Light Engine Market, By End-Use Application
- By Indoor Lighting
- By Outdoor Lighting
- Germany LED Light Engine Market, By Product Type
- UK
- UK Market, By Product Type
- By Lamps
- By Luminaires
- UK Market, By Installation Type
- By New Installation
- By Retrofit Installation
- UK Market, By End-Use Application
- By Indoor Lighting
- By Outdoor Lighting
- UK Market, By Product Type
- France
- France LED Light Engine Market, By Product Type
- By Lamps
- By Luminaires
- France LED Light Engine Market, By Installation Type
- By New Installation
- By Retrofit Installation
- France LED Light Engine Market, By End-Use Application
- By Indoor Lighting
- By Outdoor Lighting
- France LED Light Engine Market, By Product Type
- Spain
- Spain LED Light Engine Market, By Product Type
- By Lamps
- By Luminaires
- Spain LED Light Engine Market, By Installation Type
- By New Installation
- By Retrofit Installation
- Spain LED Light Engine Market, By End-Use Application
- By Indoor Lighting
- By Outdoor Lighting
- Spain LED Light Engine Market, By Product Type
- Italy
- Italy LED Light Engine Market, By Product Type
- By Lamps
- By Luminaires
- Italy LED Light Engine Market, By Installation Type
- By New Installation
- By Retrofit Installation
- Italy LED Light Engine Market, By End-Use Application
- By Indoor Lighting
- By Outdoor Lighting
- Italy LED Light Engine Market, By Product Type
- BENELUX
- BENELUX LED Light Engine Market, By Product Type
- By Lamps
- By Luminaires
- BENELUX LED Light Engine Market, By Installation Type
- By New Installation
- By Retrofit Installation
- BENELUX LED Light Engine Market, By End-Use Application
- By Indoor Lighting
- By Outdoor Lighting
- BENELUX LED Light Engine Market, By Product Type
- Rest of Europe
- Rest Of Europe LED Light Engine Market, By Product Type
- By Lamps
- By Luminaires
- Rest Of Europe LED Light Engine Market, By Installation Type
- By New Installation
- By Retrofit Installation
- Rest Of Europe LED Light Engine Market, By End-Use Application
- By Indoor Lighting
- By Outdoor Lighting
- Rest Of Europe LED Light Engine Market, By Product Type
- Germany
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Asia Pacific LED Light Engine Market - Segment Analysis
- Overview
- Asia Pacific LED Light Engine Market, 2016 - 2028 (USD Million)
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Asia Pacific LED Light Engine Market, by Product Type
- By Lamps
- By Luminaires
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Asia Pacific LED Light Engine Market, by Installation Type
- By New Installation
- By Retrofit Installation
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Asia Pacific LED Light Engine Market, by End-Use Application
- By Indoor Lighting
- By Outdoor Lighting
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Asia Pacific LED Light Engine Market, by Country
- China
- China LED Light Engine Market, By Product Type
- By Lamps
- By Luminaires
- China LED Light Engine Market, By Installation Type
- By New Installation
- By Retrofit Installation
- China LED Light Engine Market, By End-Use Application
- By Indoor Lighting
- By Outdoor Lighting
- China LED Light Engine Market, By Product Type
- Japan
- Japan LED Light Engine Market, By Product Type
- By Lamps
- By Luminaires
- Japan LED Light Engine Market, By Installation Type
- By New Installation
- By Retrofit Installation
- Japan LED Light Engine Market, By End-Use Application
- By Indoor Lighting
- By Outdoor Lighting
- Japan LED Light Engine Market, By Product Type
- India
- India LED Light Engine Market, By Product Type
- By Lamps
- By Luminaires
- India LED Light Engine Market, By Installation Type
- By New Installation
- By Retrofit Installation
- India LED Light Engine Market, By End-Use Application
- By Indoor Lighting
- By Outdoor Lighting
- India LED Light Engine Market, By Product Type
- South Korea
- South Korea LED Light Engine Market, By Product Type
- By Lamps
- By Luminaires
- South Korea LED Light Engine Market, By Installation Type
- By New Installation
- By Retrofit Installation
- South Korea LED Light Engine Market, By End-Use Application
- By Indoor Lighting
- By Outdoor Lighting
- South Korea LED Light Engine Market, By Product Type
- South East Asia
- South East Asia LED Light Engine Market, By Product Type
- By Lamps
- By Luminaires
- South East Asia LED Light Engine Market, By Installation Type
- By New Installation
- By Retrofit Installation
- South East Asia LED Light Engine Market, By End-Use Application
- By Indoor Lighting
- By Outdoor Lighting
- South East Asia LED Light Engine Market, By Product Type
- Rest of Asia Pacific
- Rest of Asia Pacific LED Light Engine Market, By Product Type
- By Lamps
- By Luminaires
- Rest of Asia Pacific LED Light Engine Market, By Installation Type
- By New Installation
- By Retrofit Installation
- Rest of Asia Pacific LED Light Engine Market, By End-Use Application
- By Indoor Lighting
- By Outdoor Lighting
- Rest of Asia Pacific LED Light Engine Market, By Product Type
- China
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Latin America LED Light Engine Market - Segment Analysis
- Overview
- Latin America LED Light Engine Market, 2016 - 2028 (USD Million)
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Latin America LED Light Engine Market, by Product Type
- By Lamps
- By Luminaires
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Latin America LED Light Engine Market, by Installation Type
- By New Installation
- By Retrofit Installation
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Latin America LED Light Engine Market, by End-Use Application
- By Indoor Lighting
- By Outdoor Lighting
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Latin America LED Light Engine Market, by Country
- Brazil
- Brazil LED Light Engine Market, By Product Type
- By Lamps
- By Luminaires
- Brazil LED Light Engine Market, By Installation Type
- By New Installation
- By Retrofit Installation
- Brazil LED Light Engine Market, By End-Use Application
- By Indoor Lighting
- By Outdoor Lighting
- Brazil LED Light Engine Market, By Product Type
- Argentina
- Argentina LED Light Engine Market, By Product Type
- By Lamps
- By Luminaires
- Argentina LED Light Engine Market, By Installation Type
- By New Installation
- By Retrofit Installation
- Argentina LED Light Engine Market, By End-Use Application
- By Indoor Lighting
- By Outdoor Lighting
- Argentina LED Light Engine Market, By Product Type
- Rest of Latin America
- Rest of Latin America LED Light Engine Market, By Product Type
- By Lamps
- By Luminaires
- Rest of Latin America LED Light Engine Market, By Installation Type
- By New Installation
- By Retrofit Installation
- Rest of Latin America LED Light Engine Market, By End-Use Application
- By Indoor Lighting
- By Outdoor Lighting
- Rest of Latin America LED Light Engine Market, By Product Type
- Brazil
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Middle East & Africa LED Light Engine Market - Segment Analysis
- Overview
- Middle East & Africa LED Light Engine Market, 2016 - 2028 (USD Million)
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Middle East & Africa LED Light Engine Market, by Product Type
- By Lamps
- By Luminaires
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Middle East & Africa LED Light Engine Market, by Installation Type
- By New Installation
- By Retrofit Installation
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Middle East & Africa LED Light Engine Market, by End-Use Application
- By Indoor Lighting
- By Outdoor Lighting
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Middle East & Africa LED Light Engine Market, by Country
- GCC Countries
- GCC Countries LED Light Engine Market, By Product Type
- By Lamps
- By Luminaires
- GCC Countries LED Light Engine Market, By Installation Type
- By New Installation
- By Retrofit Installation
- GCC Countries LED Light Engine Market, By End-Use Application
- By Indoor Lighting
- By Outdoor Lighting
- GCC Countries LED Light Engine Market, By Product Type
- South Africa
- South Africa LED Light Engine Market, By Product Type
- By Lamps
- By Luminaires
- South Africa LED Light Engine Market, By Installation Type
- By New Installation
- By Retrofit Installation
- South Africa LED Light Engine Market, By End-Use Application
- By Indoor Lighting
- By Outdoor Lighting
- South Africa LED Light Engine Market, By Product Type
- Rest of Middle East & Africa
- Rest of Middle East & Africa LED Light Engine Market, By Product Type
- By Lamps
- By Luminaires
- Rest of Middle East & Africa LED Light Engine Market, By Installation Type
- By New Installation
- By Retrofit Installation
- Rest of Middle East & Africa LED Light Engine Market, By End-Use Application
- By Indoor Lighting
- By Outdoor Lighting
- Rest of Middle East & Africa LED Light Engine Market, By Product Type
- GCC Countries
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Key Market Dynamics
- Introduction
- Market Drivers
- Market Restraints
- Market Opportunities
- Porter's Five Forces Analysis
- PEST Analysis
- Regulatory Landscape
- Technology Landscape
- Regional Market Trends
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COVID 19 Impact Analysis
- Key strategies undertaken by companies to tackle COVID-19
- Short term dynamics
- Long term dynamics
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Marketing Stratagy Analysis
- Marketing Channel
- Direct Marketing
- Indirect Marketing
- Marketing Channel Development Trends
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Competative Landscape
- Competition Matrix - 2021
- Company Market Share Analysis - 2021
- Key Company Activities, 2018 - 2021
- Strategic Developments - Heat Map Analysis
- Company Offering Evaluation
- Company Regional Presence Evaluation
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Company Profiles
- Seoul Semiconductors (South Korea)
- Acuity Brands Inc. (US)
- TRILUX Lighting (Germany)
- SDA Lighting (US)
- LUMITECH (Austria)
- AB Fagerhult (Sweden)
- Helvar (Finland)
- Gerard Lighting (Australia)
- LEDVANCE GmbH (Germany)
- LEDRAbrands (US)
- and Halla
- a.s. (Czech Republic).
- Key Primary Respondents - VERBATIM
- Discussion Guide
- Customization Offered
- Annexure
- List of Figures
- List of Tables
- List of Abbreviations
FAQ
Frequently Asked Question
What is the global demand for LED Light Engine in terms of revenue?
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The global LED Light Engine valued at USD 46.12 Billion in 2022 and is expected to reach USD 144.08 Billion in 2030 growing at a CAGR of 15.30%.
Which are the prominent players in the market?
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The prominent players in the market are Seoul Semiconductors (South Korea), Acuity Brands, Inc. (US), TRILUX Lighting (Germany), SDA Lighting (US), LUMITECH (Austria), AB Fagerhult (Sweden), Helvar (Finland), Gerard Lighting (Australia), LEDVANCE GmbH (Germany), LEDRAbrands (US), and Halla, a.s. (Czech Republic)..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 15.30% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the LED Light Engine include
- Growing Focus on Energy Efficiency and Cost Saving
Which region accounted for the largest share in the market?
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Asia Pacific was the leading regional segment of the LED Light Engine in 2022.