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
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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Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of manufacturers across the globe. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research could include the manufacturers which could not be identified due to the limitations of secondary research. Market Insights Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.
Market Insights Research calculated the market size of
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) |
