United States Filament LED Bulbs Market Size By Product Type (25-watt Type, 40-watt Type, 60-watt Type, and Others), By Application (Restaurants & Cafes, Hotels, Homes, and Others), By Regional Analysis And Forecast
Report ID: 76181|No. of Pages: 202
United States Filament LED Bulbs Market Size By Product Type (25-watt Type, 40-watt Type, 60-watt Type, and Others), By Application (Restaurants & Cafes, Hotels, Homes, and Others), By Regional Analysis And Forecast
United States Filament Led Bulbs Market Size And Forecast
United States Filament Led Bulbs Market size was valued at USD 253.52 Million in 2019 and is projected to reach USD 857.72 Million by 2027, at a long-term CAGR of 22.81% from 2020 to 2027.
The low prices of filament LEDs bulb as compared to traditional lighting bulbs and the escalating levels of disposable incomes of customers and rising urbanization in emerging countries is a key growth driver for the Filament LED Bulbs. The United States Filament Led Bulbs Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
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United States Filament Led Bulbs Market: Overview
Over the past couple of decades, various factors are driving the growth of the filament LED bulbs market such as; increasing demand for energy-efficient lighting solutions and decorative lightings. This has ultimately escalated the demand for filament LED bulbs and in the household sector as well as the commercial sector. In addition to this, low prices of filament LEDs bulb as compared to traditional lighting bulbs and the escalating levels of disposable incomes of customers and rising urbanization in emerging countries is a key growth driver for the Filament LED Bulbs.
Furthermore, the growing adoption of LED filament bulbs in restaurants to households as decorative lighting and strategic alliance with the e-commerce platform is another factor that is supporting the market growth. However, inadequate thermal management and lower life cycle and low awareness related to modern lighting solutions such as filament LED are some of the factors which might hinder the Filament LED Bulbs market growth.
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What is Filament LED Bulbs?
The filament LED light bulb is an LED light bulb order to resemble a conventional incandescent light bulb with noticeable filaments for improved aesthetic and light distribution, but with the high efficiency of LEDs. It uses LED filaments, which are a series of connected strings of diodes that imitate the filaments of incandescent bulbs in appearance. They are direct substitutes for traditional clear incandescent bulbs because they are manufactured with the same shapes as the envelope, the same bases that match the same slots, and operate at the same voltage of the supply. They can be used for their appearance, similar to a clear incandescent bulb when lit, or usually 300 ° for their large angle of light distribution.
United States Filament Led Bulbs Market: Segmentation Analysis
The United States Filament LED Bulbs Market is segmented on the basis of product type, application.
United States Filament Led Bulbs Market By Product Type
- 25-watt type
- 40-watt type
- 60-watt type
- others
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On the basis of product, the market is bifurcated into 25-watt type, 40-watt type, 60-watt type, and others. Out of which, 60-Watt type filament LED bulbs have accounted for the largest market share in 2019 followed by the 25-Watt type. The 25-watt bulb is a type of bulb that emits monochromatic yellow light of a wavelength of 0.57?m. The filament LED bulb of 25-watt is equal to an incandescent style LED vintage bulb. This type of bulb consumes only 2.5 watts. This bulb is a great choice for low light ambiance use. The 25-watt type of bulb provides features such as smooth dimming capabilities for optimal light level for any occasion.
United States Filament Led Bulbs Market By Application
- Restaurants & Cafes
- Hotels
- Homes
- Others
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On the basis of application, the United States filament LED Bulbs Market has been segmented into restaurants & cafes, hotels, homes, and others. Out of which, household (home) applications have accounted for the largest market share in 2019 followed by restaurants and cafes. Over the last two decades, the hotel industry has seen an increased awareness of sustainability issues amongst both customers and management, including the environmental, economic and social impact. As energy costs continue to rise, many hotels have adopted eco-friendly policies, implementing energy efficient technologies and practices to save money and gain a reputation as a “green” hotel. LED filament bulbs
Global United States filament LED Bulbs Market Competitive Landscape
The “United States filament LED Bulbs Market” study report will provide a valuable insight with an emphasis on the market including some of the major players such as Signify (Phillips), LEDVANCE LLC, Savant systems (GE lighting), Global Value Lighting LLC., Verbatim, Feit Electric, Satco, Brighttech, Adamax, Inc., Elong International USA and EarthTronics, Inc.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
United States filament LED bulbs Market Share Insights
Key Developments by Major Key Players in the market are as given below.
Company Name |
Key Development |
Description |
|---|---|---|
| SAVANT SYSTEMS INC. | Acquisition |
|
United States filament LED bulbs Market Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2016-2027 |
| Base Year | 2019 |
| Forecast Period | 2020-2027 |
| Historical Period | 2016-2018 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Signify (Phillips), LEDVANCE LLC, Savant systems (GE lighting), Global Value Lighting LLC., Verbatim, Feit Electric, Satco, Brighttech, Adamax, Inc., Elong International USA and EarthTronics, Inc |
| Segments Covered |
|
| Customization scope | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
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Filament LED Bulb Market Size By Type, By Application, By Geographic Scope And Forecast
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors.
• Provision of market value (USD Billion) data for each segment and sub-segment.
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market.
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region.
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled.
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions.
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis.
• Provides insight into the market through Value Chain.
• Market dynamics scenario, along with growth opportunities of the market in the years to come.
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Frequently Asked Questions
1.1 MARKET DEFINITION 1.2 MARKET SEGMENTATION 1.3 RESEARCH TIMELINES 1.4 ASSUMPTIONS 1.5 LIMITATIONS
2 RESEARCH METHODOLOGY2.1 DATA MINING 2.2 SECONDARY RESEARCH 2.3 PRIMARY RESEARCH 2.4 SUBJECT MATTER EXPERT ADVICE 2.5 QUALITY CHECK 2.6 FINAL REVIEW 2.7 DATA TRIANGULATION 2.8 BOTTOM-UP APPROACH 2.9 TOP DOWN APPROACH 2.1 RESEARCH FLOW
3 EXECUTIVE SUMMARY3.1 MARKET OVERVIEW 3.2 U.S. FILAMENT LED BULB MARKET, BY TYPE (USD MILLION) 3.3 U.S. FILAMENT LED BULB MARKET, BY APPLICATION (USD MILLION) 3.4 FUTURE MARKET OPPORTUNITIES 3.5 MARKET SPLIT
4 MARKET OUTLOOK4.1 U.S. FILAMENT LED BULB MARKET OUTLOOK
4.1 MARKET DRIVERS
4.1.1 INCREASING DEMAND FOR ENERGY-EFFICIENT LIGHTING SOLUTIONS 4.1.2 LOW PRICES OF FILAMENT LEDS BULB AS COMPARED TO TRADITIONAL LIGHTING BULB
4.2 MARKET RESTRAINTS
4.2.1 INADEQUATE THERMAL MANAGEMENT AND LOWER LIFE CYCLE 4.2.2 LOW AWARENESS RELATED TO MODERN LIGHTING SOLUTIONS SUCH AS FILAMENT LED
4.3 MARKET OPPORTUNITIES
4.3.1 GROWING ADOPTION OF LED FILAMENT BULBS IN RESTAURANTS TO HOUSEHOLDS AS DECORATIVE LIGHTING 4.3.2 STRATEGIC ALLIANCE WITH E-COMMERCE PLATFORM
4.4 IMPACT OF COVID – 19 ON U.S. FILAMENT LED BULB MARKET
5 MARKET, BY TYPE5.1 OVERVIEW 5.2 25-WATT TYPE 5.3 40-WATT TYPE 5.4 60-WATT TYPE 5.5 OTHERS
6 MARKET, BY APPLICATION6.1 OVERVIEW 6.2 RESTAURANTS & CAFES 6.3 HOTELS 6.4 HOMES 6.5 OTHERS
7 COMPETITIVE LANDSCAPE7.1 OVERVIEW 7.2 COMPETITIVE SCENARIO 7.3 COMPANY MARKET RANKING ANALYSIS 7.4 UNITED STATES MARKET SHARE (BY MANUFACTURERS)
8 COMPANY PROFILES8.1 SIGNIFY (PHILIPS)
8.1.1 COMPANY OVERVIEW 8.1.2 COMPANY INSIGHTS 8.1.3 SEGMENT BREAKDOWN 8.1.4 PRODUCT BENCHMARKING 8.1.5 SWOT ANALYSIS
8.2 LEDVANCE LLC
8.2.1 COMPANY OVERVIEW 8.2.2 COMPANY INSIGHTS 8.2.3 PRODUCT BENCHMARKING 8.2.4 SWOT ANALYSIS
8.3 SAVANT SYSTEM INC. (GE LIGHING)
8.3.1 COMPANY OVERVIEW 8.3.2 COMPANY INSIGHTS 8.3.3 PRODUCT BENCHMARKING 8.3.4 KEY DEVELOPMENTS 8.3.5 SWOT ANALYSIS
8.4 VERBATIM
8.4.1 COMPANY OVERVIEW 8.4.2 COMPANY INSIGHTS 8.4.3 PRODUCT BENCHMARKING
8.5 FEIT ELECTRIC
8.5.1 COMPANY OVERVIEW 8.5.2 COMPANY INSIGHTS 8.5.3 PRODUCT BENCHMARKING
8.6 SATCO
8.6.1 COMPANY OVERVIEW 8.6.2 COMPANY INSIGHTS 8.6.3 PRODUCT BENCHMARKING
8.7 GLOBAL VALUE LIGHTING LLC
8.7.1 COMPANY OVERVIEW 8.7.2 COMPANY INSIGHTS 8.7.3 PRODUCT BENCHMARKING
8.8 ADAMAX
8.8.1 COMPANY OVERVIEW 8.8.2 COMPANY INSIGHTS 8.8.3 PRODUCT BENCHMARKING
8.9 ELONG INTERNATIONAL USA
8.9.1 COMPANY OVERVIEW 8.9.2 COMPANY INSIGHTS 8.9.3 PRODUCT BENCHMARKING
8.1 BRIGHTECH
8.10.1 COMPANY OVERVIEW 8.10.2 COMPANY INSIGHTS 8.10.3 PRODUCT BENCHMARKING
8.11 EARTHTRONICS, INC.
8.11.1 COMPANY OVERVIEW 8.11.2 COMPANY INSIGHTS 8.11.3 PRODUCT BENCHMARKING
LIST OF TABLESTABLE 1 U.S. FILAMENT LED BULB MARKET, BY TYPE, 2020 – 2027 (USD MILLION) TABLE 1 U.S. FILAMENT LED BULB MARKET, BY TYPE, 2020 – 2027 (K UNITS) TABLE 2 U.S. FILAMENT LED BULB MARKET, BY APPLICATION, 2020 – 2027 (USD MILLION) TABLE 1 COMPANY MARKET RANKING ANALYSIS TABLE 2 SIGNIFY: PRODUCT BENCHMARKING TABLE 3 LEDVANCE LLC: PRODUCT BENCHMARKING TABLE 4 SAVANT SYSTEM INC.: PRODUCT BENCHMARKING TABLE 5 SAVANT SYSTEM INC.: KEY DEVELOPMENTS TABLE 6 VERBATIM: PRODUCT BENCHMARKING TABLE 7 FEIT ELECTRIC: PRODUCT BENCHMARKING TABLE 8 SATCO: PRODUCT BENCHMARKING TABLE 9 GLOBAL VALUE LIGHTING LLC.: PRODUCT BENCHMARKING TABLE 10 ADAMAX: PRODUCT BENCHMARKING TABLE 11 ELONG INTERNATIONAL USA: PRODUCT BENCHMARKING TABLE 12 BRIGHTECH: PRODUCT BENCHMARKING TABLE 13 EARTHTRONICS, INC.: PRODUCT BENCHMARKING
LIST OF FIGURESFIGURE 1 U.S. FILAMENT LED BULB MARKET SEGMENTATION FIGURE 2 RESEARCH TIMELINES FIGURE 3 DATA TRIANGULATION FIGURE 4 MARKET RESEARCH FLOW FIGURE 5 U.S. FILAMENT LED BULB MARKET OVERVIEW FIGURE 6 U.S. FILAMENT LED BULB MARKET, BY TYPE (USD MILLION) FIGURE 7 U.S. FILAMENT LED BULB MARKET, BY APPLICATION (USD MILLION) FIGURE 8 FUTURE MARKET OPPORTUNITIES FIGURE 9 U.S. MARKET SPLIT FIGURE 10 U.S. FILAMENT LED BULB MARKET OUTLOOK FIGURE 11 U.S. FILAMENT LED BULB MARKET, BY TYPE FIGURE 12 U.S. FILAMENT LED BULB MARKET, BY APPLICATION FIGURE 13 KEY STRATEGIC DEVELOPMENTS FIGURE 14 UNITED STATES MARKET SHARE BY MANUFACTURERS FIGURE 1 SIGNIFY: COMPANY INSIGHT FIGURE 2 SIGNIFY: BREAKDOWN FIGURE 3 SIGNIFY: SWOT ANALYSIS FIGURE 4 LEDVANCE LLC: COMPANY INSIGHT FIGURE 5 LEDVANCE LLC: SWOT ANALYSIS FIGURE 6 SAVANT SYSTEM INC..: COMPANY INSIGHT FIGURE 7 SAVANT SYSTEM INC: SWOT ANALYSIS FIGURE 8 VERBATIM: COMPANY INSIGHT FIGURE 9 FEIT ELECTRIC: COMPANY INSIGHT FIGURE 10 SATCO: COMPANY INSIGHT FIGURE 11 GLOBAL VALUE LIGHTING LLC.: COMPANY INSIGHT FIGURE 12 ADAMAX: COMPANY INSIGHT FIGURE 13 ELONG INTERNATIONAL USA: COMPANY INSIGHT FIGURE 14 BRIGHTECH: COMPANY INSIGHT FIGURE 15 EARTHTRONICS, INC.: COMPANY INSIGHT
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Exploratory data mining
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Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
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| Supplier side |
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| Demand side |
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Econometrics and data visualization model
Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.
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Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
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We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
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The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
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Industry Analysis Matrix
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