2018 LED Strip Market Size: by Application, Type, Trend, Revenue, Overview, Growth and Forecasts-2023

LED Strip is also called Flex LED Strip. Flex LED strip lights are thin flexible printed circuit boards with LEDs and resistors attached that populated by surface mounted light-emitting diodes (SMD LEDs) that usually comes with an adhesive backing. These LED strips come in many configurations meaning one can be very bright to light an entire room and another less bright for accent lighting. LED flexible strips can also be made to use any usable wavelength or color that is desired for your home or business project.

Forge Europa dominated the market, with accounted for 35.77% of the LED Strip revenue market share in 2017. LEDVANCE and Ledridge Lighting are the key players and accounted for 10.13%, 9.93% respectively of the UK LED Strip market share in 2017.

In terms of applications, the commercial application segment was estimated to account for the highest sales volume share of 85.70% in 2017 and is expected to gain significant market share by the end of 2023.

The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable service. Consequently, they take the majority of the market share of high-end market.

Looking to the future years, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

Over the next five years, LPI(LP Information) projects that LED Strip will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.

Request Sample of this Report @ http://www.orbisresearch.com/contacts/request-sample/2286043
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:

Segmentation by product type:
5050
3528
Others

Segmentation by application:
Home Application
Commercial Application

Browse the complete report @ http://www.orbisresearch.com/reports/index/2018-2023-global-led-strip-consumption-market-report

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Forge Europa
LEDVANCE
Ledridge Lighting
Digital Advanced Lighting
Lighting Ever LTD
LEDMY

Enquiry before buying http://www.orbisresearch.com/contacts/enquiry-before-buying/2286043

Some Point from TOC:

1 Scope of the Report

2 Executive Summary

3 Global LED Strip by Players

4 LED Strip by Regions

5 Americas

6 APAC

7 Europe

8 Middle East & Africa

….Continued

 

About Us:

Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

 

Contact Us:

Hector Costello

Senior Manager – Client Engagements

4144N Central Expressway,

Suite 600, Dallas,

Texas – 75204, U.S.A.

Phone No.: +1 (214) 884-6817; +912064101019

Email id:  sales@orbisresearch.com