United Kingdom LED lighting market is expected to grow at a significant CAGR during the forecast period
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United Kingdom LED lighting market is segmented into type, application, installation type, end user, distribution channel, regional distribution, and company. Based on application, the market can be further bifurcated into outdoor lighting and indoor lighting. The indoor lighting segment is expected to account for major market shar in the forecast period. Ongoing infrastructural activities along with upcoming construction projects require the installation of energy efficient LED lighting. High demand for in door lighting in United Kingdom and surge in expenditure capacity of consumers is driving the growth of this segment.
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 products to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.
Years considered for this report:
Historical Years: 2017-2020Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F-2027F
Objective of the Study:
- To analyze the historical growth in the market size of United Kingdom LED lighting market from 2017 to 2021.
- To estimate and forecast the market size of United Kingdom LED lighting market from 2022E to 2027F and growth rate until 2027F.
- 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.
The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of manufacturers across the UK. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include the manufacturers which could not be identified due to the limitations of secondary research. The publisher analyzed the manufacturers, distribution channels and presence of all major players across the country.
The publisher calculated the market size of United Kingdom LED lighting market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the publisher.
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.
Report Scope:
In this report, United Kingdom LED lighting market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
United Kingdom LED Lighting Market, By Type:
- LED Bulbs & Lamps
- Batten Lights
- Downlights
- Others
United Kingdom LED Lighting Market, By Application:
- Outdoor Lighting
- Indoor Lighting
United Kingdom LED Lighting Market, By Installation Type:
- New Installation
- Retrofit Installation
United Kingdom LED Lighting Market, By End User:
- Commercial
- Residential
- Industrial
- Others
United Kingdom LED Lighting Market, By Distribution Channel:
- Direct Sales
- Wholesale/Retail
United Kingdom LED Lighting Market, By Region:
- London
- Southeast
- East Anglia
- Scotland
- Southwest
- East Midlands
- Yorkshire & Humberside
- Rest of United Kingdom
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in United Kingdom LED lighting market.Available Customizations:
With the given market data, the publisher offers customizations according to a company’s specific needs. The following customization options are available for the report:Company Information
Detailed analysis and profiling of additional market players (up to five).Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 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