Global LED Services Market Growth (Status and Outlook) 2022-2028

As the global economy mends, the 2021 growth of LED Services will have significant change from previous year. According to our researcher latest study, the global LED Services market size is USD million in 2022 from USD 10020 million in 2021, with a change of % between 2021 and 2022. The global LED Services market size will reach USD 15290 million in 2028, growing at a CAGR of 6.2% over the analysis period.

The United States LED Services market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global LED Services market, reaching US$ million by the year 2028. As for the Europe LED Services landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.

Global main LED Services players cover Thorlux Lighting, Ledvance GmbH, Philips Lighting, and OPPLE Lighting, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.

This report presents a comprehensive overview, market shares, and growth opportunities of LED Services market by product type, application, key players and key regions and countries.

Segmentation by type: breakdown data from 2017 to 2022 in Section 2.3; and forecast to 2028 in section 10.7.

Hardware

Software

Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 10.8.

Residential

Public Lighting

Business Lighting

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report: Breakdown data in in Chapter 3.

Thorlux Lighting

Ledvance GmbH

Philips Lighting

OPPLE Lighting

Reggiani Spa Illuminazione

Bright Special Lighting

Endo Lighting

Global Light

KKDC

Cree


Frequently Asked Questions



This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

  • By product type
  • By End User/Applications
  • By Technology
  • By Region

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

Please Select a Format

market Reports market Reports