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Flex LED Strip Lights Market: Global Opportunity Analysis and Industry Forecast, 2024-2032

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    Report

  • 250 Pages
  • November 2024
  • Region: Global
  • Allied Market Research
  • ID: 6053836

Flex LED Strip Lights Market

The flex LED strip lights market was valued at $3.0 billion in 2023 and is projected to reach $6.8 billion by 2032, growing at a CAGR of 9.7% from 2024 to 2032.

A flex LED strip light is an energy-efficient, ribbon-like lighting solution. The slim & flexible adhesive-backed strips are used in both commercial and residential settings. The key attributes of flex LED strip lights are their flexible circuit board, customized length, color & brightness option, and waterproof nature. Their easy installation and extensive lifespan appeal to the users for their usage in multiple applications.

Rise in demand for energy-efficient lighting solutions owing to increase in awareness regarding sustainability is a key driver of the flex LED strip lights market. In addition, surge in focus on aesthetics and visual appeal of spaces fuels the demand for flex LED strip lights, thereby augmenting the development of the market. Moreover, the low maintenance characteristic of the lights propels the market growth significantly. A notable trend gaining prominence in the market is the integration of smart technology into the lights, enabling their control through smartphone apps, home automation systems, or voice assistants. This trend is making flex LED strip lights a crucial element of smart home setups.

Despite their durability, flex LED strip lights remain sensitive to degradation at extreme temperatures, humidity, or direct exposure to moisture. This acts as a key restraint for the market growth. Furthermore, upsurge in the availability of low-quality flex lights is restraining the development of the market. In addition, the potential risk of overheating and damage to surroundings, majorly in poorly ventilated areas, hampers the market growth significantly.

On the contrary, rise in the use of flex LED strip lights for the customization of vehicles such as under-car lighting and interior mood lighting is expected to present lucrative opportunities for the market. For instance, Acxiom - a database marketing company - conducted an Automotive Customer Experience Study in 2023, in which around 74% of the respondents accepted personalized experiences to influence their car purchase and driving experience.

Segment Review

The flex LED strip lights market is segmented into type, application, and region. On the basis of type, the market is divided into 5050, 3528, and others. Depending on application, it is classified into residential, commercial, industrial, automotive, architectural, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Findings

On the basis of type, the 5050 segment dominates the flex LED strip lights market.

Depending on application, the residential segment acquires a high stake in the market.

Region wise, Asia-Pacific generates a high revenue in the market.

Competition Analysis

The major players in the global flex LED strip lights market include Philips Lighting, Osram Licht AG, GE Lighting, Acuity Brands, Inc., LEDVANCE GmbH, Leviton Manufacturing Co., Inc., Cree, Inc., Nichia Corporation, Zumtobel Group AG, and Panasonic Corporation (Panasonic Holdings Corporation). These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships to strengthen their foothold in the competitive market.

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Key Market Segments

By Type

  • 5050
  • 3528
  • Others

By Application

  • Residential
  • Commercial
  • Industrial
  • Automotive
  • Architectural
  • Others

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • France
  • Germany
  • Italy
  • Spain
  • UK
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • Philips Lighting
  • Osram Licht AG
  • GE Lighting
  • Acuity Brands, Inc.,
  • LEDVANCE GmbH.
  • Leviton Manufacturing Co., Inc.,
  • Cree, Inc.
  • Nichia Corporation.
  • Zumtobel Group AG
  • Panasonic Corporation
  • Panasonic Corporation (Panasonic Holdings Corporation)

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Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET LANDSCAPE
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
3.3.1. Bargaining Power of Suppliers
3.3.2. Threat of New Entrants
3.3.3. Threat of Substitutes
3.3.4. Competitive Rivalry
3.3.5. Bargaining Power among Buyers
3.4. Market Dynamics
3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities
CHAPTER 4: FLEX LED STRIP LIGHTS MARKET, BY TYPE
4.1. Market Overview
4.1.1 Market Size and Forecast, By Type
4.2. 5050
4.2.1. Key Market Trends, Growth Factors and Opportunities
4.2.2. Market Size and Forecast, By Region
4.2.3. Market Share Analysis, By Country
4.3. 3528
4.3.1. Key Market Trends, Growth Factors and Opportunities
4.3.2. Market Size and Forecast, By Region
4.3.3. Market Share Analysis, By Country
4.4. Others
4.4.1. Key Market Trends, Growth Factors and Opportunities
4.4.2. Market Size and Forecast, By Region
4.4.3. Market Share Analysis, By Country
CHAPTER 5: FLEX LED STRIP LIGHTS MARKET, BY APPLICATION
5.1. Market Overview
5.1.1 Market Size and Forecast, By Application
5.2. Residential
5.2.1. Key Market Trends, Growth Factors and Opportunities
5.2.2. Market Size and Forecast, By Region
5.2.3. Market Share Analysis, By Country
5.3. Commercial
5.3.1. Key Market Trends, Growth Factors and Opportunities
5.3.2. Market Size and Forecast, By Region
5.3.3. Market Share Analysis, By Country
5.4. Industrial
5.4.1. Key Market Trends, Growth Factors and Opportunities
5.4.2. Market Size and Forecast, By Region
5.4.3. Market Share Analysis, By Country
5.5. Automotive
5.5.1. Key Market Trends, Growth Factors and Opportunities
5.5.2. Market Size and Forecast, By Region
5.5.3. Market Share Analysis, By Country
5.6. Architectural
5.6.1. Key Market Trends, Growth Factors and Opportunities
5.6.2. Market Size and Forecast, By Region
5.6.3. Market Share Analysis, By Country
5.7. Others
5.7.1. Key Market Trends, Growth Factors and Opportunities
5.7.2. Market Size and Forecast, By Region
5.7.3. Market Share Analysis, By Country
CHAPTER 6: FLEX LED STRIP LIGHTS MARKET, BY REGION
6.1. Market Overview
6.1.1 Market Size and Forecast, By Region
6.2. North America
6.2.1. Key Market Trends and Opportunities
6.2.2. Market Size and Forecast, By Type
6.2.3. Market Size and Forecast, By Application
6.2.4. Market Size and Forecast, By Country
6.2.5. U.S. Flex LED Strip Lights Market
6.2.5.1. Market Size and Forecast, By Type
6.2.5.2. Market Size and Forecast, By Application
6.2.6. Canada Flex LED Strip Lights Market
6.2.6.1. Market Size and Forecast, By Type
6.2.6.2. Market Size and Forecast, By Application
6.2.7. Mexico Flex LED Strip Lights Market
6.2.7.1. Market Size and Forecast, By Type
6.2.7.2. Market Size and Forecast, By Application
6.3. Europe
6.3.1. Key Market Trends and Opportunities
6.3.2. Market Size and Forecast, By Type
6.3.3. Market Size and Forecast, By Application
6.3.4. Market Size and Forecast, By Country
6.3.5. France Flex LED Strip Lights Market
6.3.5.1. Market Size and Forecast, By Type
6.3.5.2. Market Size and Forecast, By Application
6.3.6. Germany Flex LED Strip Lights Market
6.3.6.1. Market Size and Forecast, By Type
6.3.6.2. Market Size and Forecast, By Application
6.3.7. Italy Flex LED Strip Lights Market
6.3.7.1. Market Size and Forecast, By Type
6.3.7.2. Market Size and Forecast, By Application
6.3.8. Spain Flex LED Strip Lights Market
6.3.8.1. Market Size and Forecast, By Type
6.3.8.2. Market Size and Forecast, By Application
6.3.9. UK Flex LED Strip Lights Market
6.3.9.1. Market Size and Forecast, By Type
6.3.9.2. Market Size and Forecast, By Application
6.3.10. Rest Of Europe Flex LED Strip Lights Market
6.3.10.1. Market Size and Forecast, By Type
6.3.10.2. Market Size and Forecast, By Application
6.4. Asia-Pacific
6.4.1. Key Market Trends and Opportunities
6.4.2. Market Size and Forecast, By Type
6.4.3. Market Size and Forecast, By Application
6.4.4. Market Size and Forecast, By Country
6.4.5. China Flex LED Strip Lights Market
6.4.5.1. Market Size and Forecast, By Type
6.4.5.2. Market Size and Forecast, By Application
6.4.6. Japan Flex LED Strip Lights Market
6.4.6.1. Market Size and Forecast, By Type
6.4.6.2. Market Size and Forecast, By Application
6.4.7. India Flex LED Strip Lights Market
6.4.7.1. Market Size and Forecast, By Type
6.4.7.2. Market Size and Forecast, By Application
6.4.8. South Korea Flex LED Strip Lights Market
6.4.8.1. Market Size and Forecast, By Type
6.4.8.2. Market Size and Forecast, By Application
6.4.9. Rest of Asia-Pacific Flex LED Strip Lights Market
6.4.9.1. Market Size and Forecast, By Type
6.4.9.2. Market Size and Forecast, By Application
6.5. LAMEA
6.5.1. Key Market Trends and Opportunities
6.5.2. Market Size and Forecast, By Type
6.5.3. Market Size and Forecast, By Application
6.5.4. Market Size and Forecast, By Country
6.5.5. Latin America Flex LED Strip Lights Market
6.5.5.1. Market Size and Forecast, By Type
6.5.5.2. Market Size and Forecast, By Application
6.5.6. Middle East Flex LED Strip Lights Market
6.5.6.1. Market Size and Forecast, By Type
6.5.6.2. Market Size and Forecast, By Application
6.5.7. Africa Flex LED Strip Lights Market
6.5.7.1. Market Size and Forecast, By Type
6.5.7.2. Market Size and Forecast, By Application
CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.2. Top Winning Strategies
7.3. Product Mapping Of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top Player Positioning, 2023
CHAPTER 8: COMPANY PROFILES
8.1. Philips Lighting
8.1.1. Company Overview
8.1.2. Key Executives
8.1.3. Company Snapshot
8.1.4. Operating Business Segments
8.1.5. Product Portfolio
8.1.6. Business Performance
8.1.7. Key Strategic Moves and Developments
8.2. Osram Licht AG
8.2.1. Company Overview
8.2.2. Key Executives
8.2.3. Company Snapshot
8.2.4. Operating Business Segments
8.2.5. Product Portfolio
8.2.6. Business Performance
8.2.7. Key Strategic Moves and Developments
8.3. GE Lighting
8.3.1. Company Overview
8.3.2. Key Executives
8.3.3. Company Snapshot
8.3.4. Operating Business Segments
8.3.5. Product Portfolio
8.3.6. Business Performance
8.3.7. Key Strategic Moves and Developments
8.4. Acuity Brands, Inc.,
8.4.1. Company Overview
8.4.2. Key Executives
8.4.3. Company Snapshot
8.4.4. Operating Business Segments
8.4.5. Product Portfolio
8.4.6. Business Performance
8.4.7. Key Strategic Moves and Developments
8.5. LEDVANCE GmbH.
8.5.1. Company Overview
8.5.2. Key Executives
8.5.3. Company Snapshot
8.5.4. Operating Business Segments
8.5.5. Product Portfolio
8.5.6. Business Performance
8.5.7. Key Strategic Moves and Developments
8.6. Leviton Manufacturing Co., Inc.,
8.6.1. Company Overview
8.6.2. Key Executives
8.6.3. Company Snapshot
8.6.4. Operating Business Segments
8.6.5. Product Portfolio
8.6.6. Business Performance
8.6.7. Key Strategic Moves and Developments
8.7. Cree, Inc.
8.7.1. Company Overview
8.7.2. Key Executives
8.7.3. Company Snapshot
8.7.4. Operating Business Segments
8.7.5. Product Portfolio
8.7.6. Business Performance
8.7.7. Key Strategic Moves and Developments
8.8. Nichia Corporation.
8.8.1. Company Overview
8.8.2. Key Executives
8.8.3. Company Snapshot
8.8.4. Operating Business Segments
8.8.5. Product Portfolio
8.8.6. Business Performance
8.8.7. Key Strategic Moves and Developments
8.9. Zumtobel Group AG
8.9.1. Company Overview
8.9.2. Key Executives
8.9.3. Company Snapshot
8.9.4. Operating Business Segments
8.9.5. Product Portfolio
8.9.6. Business Performance
8.9.7. Key Strategic Moves and Developments
8.10. Panasonic Corporation
8.10.1. Company Overview
8.10.2. Key Executives
8.10.3. Company Snapshot
8.10.4. Operating Business Segments
8.10.5. Product Portfolio
8.10.6. Business Performance
8.10.7. Key Strategic Moves and Developments
8.11. Panasonic Corporation (Panasonic Holdings Corporation)
8.11.1. Company Overview
8.11.2. Key Executives
8.11.3. Company Snapshot
8.11.4. Operating Business Segments
8.11.5. Product Portfolio
8.11.6. Business Performance
8.11.7. Key Strategic Moves and Developments
LIST OF TABLES
Table 1. Global Flex Led Strip Lights Market, by Type, 2024 - 2032 ($Billion)
Table 2. Flex Led Strip Lights Market for 5050, by Region, 2024 - 2032 ($Billion)
Table 3. Flex Led Strip Lights Market for 3528, by Region, 2024 - 2032 ($Billion)
Table 4. Flex Led Strip Lights Market for Others, by Region, 2024 - 2032 ($Billion)
Table 5. Global Flex Led Strip Lights Market, by Application, 2024 - 2032 ($Billion)
Table 6. Flex Led Strip Lights Market for Residential, by Region, 2024 - 2032 ($Billion)
Table 7. Flex Led Strip Lights Market for Commercial, by Region, 2024 - 2032 ($Billion)
Table 8. Flex Led Strip Lights Market for Industrial, by Region, 2024 - 2032 ($Billion)
Table 9. Flex Led Strip Lights Market for Automotive, by Region, 2024 - 2032 ($Billion)
Table 10. Flex Led Strip Lights Market for Architectural, by Region, 2024 - 2032 ($Billion)
Table 11. Flex Led Strip Lights Market for Others, by Region, 2024 - 2032 ($Billion)
Table 12. Flex Led Strip Lights Market, by Region, 2024 - 2032 ($Billion)
Table 13. North America Flex Led Strip Lights Market, by Country, 2024 - 2032 ($Billion)
Table 14. North America Flex Led Strip Lights Market, by Type, 2024 - 2032 ($Billion)
Table 15. North America Flex Led Strip Lights Market, by Application, 2024 - 2032 ($Billion)
Table 16. U.S. Flex Led Strip Lights Market, by Type, 2024 - 2032 ($Billion)
Table 17. U.S. Flex Led Strip Lights Market, by Application, 2024 - 2032 ($Billion)
Table 18. Canada Flex Led Strip Lights Market, by Type, 2024 - 2032 ($Billion)
Table 19. Canada Flex Led Strip Lights Market, by Application, 2024 - 2032 ($Billion)
Table 20. Mexico Flex Led Strip Lights Market, by Type, 2024 - 2032 ($Billion)
Table 21. Mexico Flex Led Strip Lights Market, by Application, 2024 - 2032 ($Billion)
Table 22. Europe Flex Led Strip Lights Market, by Country, 2024 - 2032 ($Billion)
Table 23. Europe Flex Led Strip Lights Market, by Type, 2024 - 2032 ($Billion)
Table 24. Europe Flex Led Strip Lights Market, by Application, 2024 - 2032 ($Billion)
Table 25. France Flex Led Strip Lights Market, by Type, 2024 - 2032 ($Billion)
Table 26. France Flex Led Strip Lights Market, by Application, 2024 - 2032 ($Billion)
Table 27. Germany Flex Led Strip Lights Market, by Type, 2024 - 2032 ($Billion)
Table 28. Germany Flex Led Strip Lights Market, by Application, 2024 - 2032 ($Billion)
Table 29. Italy Flex Led Strip Lights Market, by Type, 2024 - 2032 ($Billion)
Table 30. Italy Flex Led Strip Lights Market, by Application, 2024 - 2032 ($Billion)
Table 31. Spain Flex Led Strip Lights Market, by Type, 2024 - 2032 ($Billion)
Table 32. Spain Flex Led Strip Lights Market, by Application, 2024 - 2032 ($Billion)
Table 33. UK Flex Led Strip Lights Market, by Type, 2024 - 2032 ($Billion)
Table 34. UK Flex Led Strip Lights Market, by Application, 2024 - 2032 ($Billion)
Table 35. Rest of Europe Flex Led Strip Lights Market, by Type, 2024 - 2032 ($Billion)
Table 36. Rest of Europe Flex Led Strip Lights Market, by Application, 2024 - 2032 ($Billion)
Table 37. Asia-Pacific Flex Led Strip Lights Market, by Country, 2024 - 2032 ($Billion)
Table 38. Asia-Pacific Flex Led Strip Lights Market, by Type, 2024 - 2032 ($Billion)
Table 39. Asia-Pacific Flex Led Strip Lights Market, by Application, 2024 - 2032 ($Billion)
Table 40. China Flex Led Strip Lights Market, by Type, 2024 - 2032 ($Billion)
Table 41. China Flex Led Strip Lights Market, by Application, 2024 - 2032 ($Billion)
Table 42. Japan Flex Led Strip Lights Market, by Type, 2024 - 2032 ($Billion)
Table 43. Japan Flex Led Strip Lights Market, by Application, 2024 - 2032 ($Billion)
Table 44. India Flex Led Strip Lights Market, by Type, 2024 - 2032 ($Billion)
Table 45. India Flex Led Strip Lights Market, by Application, 2024 - 2032 ($Billion)
Table 46. South Korea Flex Led Strip Lights Market, by Type, 2024 - 2032 ($Billion)
Table 47. South Korea Flex Led Strip Lights Market, by Application, 2024 - 2032 ($Billion)
Table 48. Rest of Asia-Pacific Flex Led Strip Lights Market, by Type, 2024 - 2032 ($Billion)
Table 49. Rest of Asia-Pacific Flex Led Strip Lights Market, by Application, 2024 - 2032 ($Billion)
Table 50. LAMEA Flex Led Strip Lights Market, by Country, 2024 - 2032 ($Billion)
Table 51. LAMEA Flex Led Strip Lights Market, by Type, 2024 - 2032 ($Billion)
Table 52. LAMEA Flex Led Strip Lights Market, by Application, 2024 - 2032 ($Billion)
Table 53. Latin America Flex Led Strip Lights Market, by Type, 2024 - 2032 ($Billion)
Table 54. Latin America Flex Led Strip Lights Market, by Application, 2024 - 2032 ($Billion)
Table 55. Middle East Flex Led Strip Lights Market, by Type, 2024 - 2032 ($Billion)
Table 56. Middle East Flex Led Strip Lights Market, by Application, 2024 - 2032 ($Billion)
Table 57. Africa Flex Led Strip Lights Market, by Type, 2024 - 2032 ($Billion)
Table 58. Africa Flex Led Strip Lights Market, by Application, 2024 - 2032 ($Billion)
Table 59. Philips Lighting: Key Executives
Table 60. Philips Lighting: Company Snapshot
Table 61. Philips Lighting: Operating Segments
Table 62. Philips Lighting: Product Portfolio
Table 63. Philips Lighting: Key Strategic Moves and Developments
Table 64. Osram Licht AG: Key Executives
Table 65. Osram Licht AG: Company Snapshot
Table 66. Osram Licht AG: Operating Segments
Table 67. Osram Licht AG: Product Portfolio
Table 68. Osram Licht AG: Key Strategic Moves and Developments
Table 69. GE Lighting: Key Executives
Table 70. GE Lighting: Company Snapshot
Table 71. GE Lighting: Operating Segments
Table 72. GE Lighting: Product Portfolio
Table 73. GE Lighting: Key Strategic Moves and Developments
Table 74. Acuity Brands, Inc. : Key Executives
Table 75. Acuity Brands, Inc. : Company Snapshot
Table 76. Acuity Brands, Inc. : Operating Segments
Table 77. Acuity Brands, Inc. : Product Portfolio
Table 78. Acuity Brands, Inc. : Key Strategic Moves and Developments
Table 79. Ledvance GmbH.: Key Executives
Table 80. Ledvance GmbH.: Company Snapshot
Table 81. Ledvance GmbH.: Operating Segments
Table 82. Ledvance GmbH.: Product Portfolio
Table 83. Ledvance GmbH.: Key Strategic Moves and Developments
Table 84. Leviton Manufacturing Co. Inc. : Key Executives
Table 85. Leviton Manufacturing Co. Inc. : Company Snapshot
Table 86. Leviton Manufacturing Co. Inc. : Operating Segments
Table 87. Leviton Manufacturing Co. Inc. : Product Portfolio
Table 88. Leviton Manufacturing Co. Inc. : Key Strategic Moves and Developments
Table 89. Cree, Inc.: Key Executives
Table 90. Cree, Inc.: Company Snapshot
Table 91. Cree, Inc.: Operating Segments
Table 92. Cree, Inc.: Product Portfolio
Table 93. Cree, Inc.: Key Strategic Moves and Developments
Table 94. Nichia Corporation.: Key Executives
Table 95. Nichia Corporation.: Company Snapshot
Table 96. Nichia Corporation.: Operating Segments
Table 97. Nichia Corporation.: Product Portfolio
Table 98. Nichia Corporation.: Key Strategic Moves and Developments
Table 99. Zumtobel Group AG: Key Executives
Table 100. Zumtobel Group AG: Company Snapshot
Table 101. Zumtobel Group AG: Operating Segments
Table 102. Zumtobel Group AG: Product Portfolio
Table 103. Zumtobel Group AG: Key Strategic Moves and Developments
Table 104. Panasonic Corporation: Key Executives
Table 105. Panasonic Corporation: Company Snapshot
Table 106. Panasonic Corporation: Operating Segments
Table 107. Panasonic Corporation: Product Portfolio
Table 108. Panasonic Corporation: Key Strategic Moves and Developments
Table 109. Panasonic Corporation (Panasonic Holdings Corporation) : Key Executives
Table 110. Panasonic Corporation (Panasonic Holdings Corporation) : Company Snapshot
Table 111. Panasonic Corporation (Panasonic Holdings Corporation) : Operating Segments
Table 112. Panasonic Corporation (Panasonic Holdings Corporation) : Product Portfolio
Table 113. Panasonic Corporation (Panasonic Holdings Corporation) : Key Strategic Moves and Developments
LIST OF FIGURES
Figure 1. Global Flex Led Strip Lights Market, 2024 - 2032
Figure 2. Segmentation of Flex Led Strip Lights Market, 2024 - 2032
Figure 3. Top Investment Pocket in Flex Led Strip Lights Market
Figure 4. Moderate Bargaining Power of Buyers
Figure 5. Moderate Bargaining Power of Suppliers
Figure 6. Moderate Threat of New Entrants
Figure 7. Low Threat of Substitution
Figure 8. High Competitive Rivalry
Figure 9. Opportunities, Restraints and Drivers: Globalflex Led Strip Lights Market
Figure 10. Global Flex Led Strip Lights Market Segmentation, by Type
Figure 11. Flex Led Strip Lights Market for 5050, by Country, 2024 - 2032 ($Billion)
Figure 12. Flex Led Strip Lights Market for 3528, by Country, 2024 - 2032 ($Billion)
Figure 13. Flex Led Strip Lights Market for Others, by Country, 2024 - 2032 ($Billion)
Figure 14. Global Flex Led Strip Lights Market Segmentation, by Application
Figure 15. Flex Led Strip Lights Market for Residential, by Country, 2024 - 2032 ($Billion)
Figure 16. Flex Led Strip Lights Market for Commercial, by Country, 2024 - 2032 ($Billion)
Figure 17. Flex Led Strip Lights Market for Industrial, by Country, 2024 - 2032 ($Billion)
Figure 18. Flex Led Strip Lights Market for Automotive, by Country, 2024 - 2032 ($Billion)
Figure 19. Flex Led Strip Lights Market for Architectural, by Country, 2024 - 2032 ($Billion)
Figure 20. Flex Led Strip Lights Market for Others, by Country, 2024 - 2032 ($Billion)
Figure 21. Top Winning Strategies, by Year, 2021-2023*
Figure 22. Top Winning Strategies, by Development, 2021-2023*
Figure 23. Top Winning Strategies, by Company, 2021-2023*
Figure 24. Product Mapping of Top 10 Players
Figure 25. Competitive Dashboard
Figure 26. Competitive Heatmap: Flex Led Strip Lights Market
Figure 27. Top Player Positioning, 2023
Figure 28. Philips Lighting: Net Sales, 2021-2023 ($Billion)
Figure 29. Philips Lighting: Revenue Share, by Segment, 2023 (%)
Figure 30. Philips Lighting: Revenue Share, by Region, 2023 (%)
Figure 31. Osram Licht AG: Net Sales, 2021-2023 ($Billion)
Figure 32. Osram Licht AG: Revenue Share, by Segment, 2023 (%)
Figure 33. Osram Licht AG: Revenue Share, by Region, 2023 (%)
Figure 34. GE Lighting: Net Sales, 2021-2023 ($Billion)
Figure 35. GE Lighting: Revenue Share, by Segment, 2023 (%)
Figure 36. GE Lighting: Revenue Share, by Region, 2023 (%)
Figure 37. Acuity Brands, Inc. : Net Sales, 2021-2023 ($Billion)
Figure 38. Acuity Brands, Inc. : Revenue Share, by Segment, 2023 (%)
Figure 39. Acuity Brands, Inc. : Revenue Share, by Region, 2023 (%)
Figure 40. Ledvance GmbH.: Net Sales, 2021-2023 ($Billion)
Figure 41. Ledvance GmbH.: Revenue Share, by Segment, 2023 (%)
Figure 42. Ledvance GmbH.: Revenue Share, by Region, 2023 (%)
Figure 43. Leviton Manufacturing Co. Inc. : Net Sales, 2021-2023 ($Billion)
Figure 44. Leviton Manufacturing Co. Inc. : Revenue Share, by Segment, 2023 (%)
Figure 45. Leviton Manufacturing Co. Inc. : Revenue Share, by Region, 2023 (%)
Figure 46. Cree, Inc.: Net Sales, 2021-2023 ($Billion)
Figure 47. Cree, Inc.: Revenue Share, by Segment, 2023 (%)
Figure 48. Cree, Inc.: Revenue Share, by Region, 2023 (%)
Figure 49. Nichia Corporation.: Net Sales, 2021-2023 ($Billion)
Figure 50. Nichia Corporation.: Revenue Share, by Segment, 2023 (%)
Figure 51. Nichia Corporation.: Revenue Share, by Region, 2023 (%)
Figure 52. Zumtobel Group AG: Net Sales, 2021-2023 ($Billion)
Figure 53. Zumtobel Group AG: Revenue Share, by Segment, 2023 (%)
Figure 54. Zumtobel Group AG: Revenue Share, by Region, 2023 (%)
Figure 55. Panasonic Corporation: Net Sales, 2021-2023 ($Billion)
Figure 56. Panasonic Corporation: Revenue Share, by Segment, 2023 (%)
Figure 57. Panasonic Corporation: Revenue Share, by Region, 2023 (%)
Figure 58. Panasonic Corporation (Panasonic Holdings Corporation) : Net Sales, 2021-2023 ($Billion)
Figure 59. Panasonic Corporation (Panasonic Holdings Corporation) : Revenue Share, by Segment, 2023 (%)
Figure 60. Panasonic Corporation (Panasonic Holdings Corporation) : Revenue Share, by Region, 2023 (%)

Companies Mentioned

  • Philips Lighting
  • Osram Licht AG
  • GE Lighting
  • Acuity Brands, Inc.,
  • LEDVANCE GmbH.
  • Leviton Manufacturing Co., Inc.,
  • Cree, Inc.
  • Nichia Corporation.
  • Zumtobel Group AG
  • Panasonic Corporation
  • Panasonic Corporation (Panasonic Holdings Corporation)

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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Table Information