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LED Low and High Bay-Global Market Insights and Sales Trends 2024
Synopsis
High Bay Lights apply to any large area with a ceiling height greater than 20 ft. In return, Low Bay Fixtures are used in large rooms with a ceiling height between 12 and 20 feet.
The global LED Low and High Bay market size is expected to reach US$ 1118.7 million by 2029, growing at a CAGR of 4.3% from 2023 to 2029. The market is mainly driven by the significant applications of LED Low and High Bay in various end use industries. The expanding demands from the Household and Commercial, are propelling LED Low and High Bay market. Below 15W, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 15W-50W segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for LED Low and High Bay market, driven by demand from China, the second largest economy with some signs of stabilising, the LED Low and High Bay market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for LED Low and High Bay, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global LED Low and High Bay market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global LED Low and High Bay market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, LED Low and High Bay sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of LED Low and High Bay covered in this report include Philips Lighting, Osram Licht AG, Cree, Nichia, Rohm, LG Innotek, Seoul Semi, Epistar and Opto Tech, etc.
The global LED Low and High Bay market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Philips Lighting
Osram Licht AG
Cree
Nichia
Rohm
LG Innotek
Seoul Semi
Epistar
Opto Tech
Everlight
Lite-on
Sanan Opto
Changlight
Silan
Ledison Lighting
Grainger Industrial Supply
Global LED Low and High Bay market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global LED Low and High Bay market, Segment by Type:
Below 15W
15W-50W
Above 50W
Global LED Low and High Bay market, by Application
Household
Commercial
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of LED Low and High Bay manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of LED Low and High Bay in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
High Bay Lights apply to any large area with a ceiling height greater than 20 ft. In return, Low Bay Fixtures are used in large rooms with a ceiling height between 12 and 20 feet.
The global LED Low and High Bay market size is expected to reach US$ 1118.7 million by 2029, growing at a CAGR of 4.3% from 2023 to 2029. The market is mainly driven by the significant applications of LED Low and High Bay in various end use industries. The expanding demands from the Household and Commercial, are propelling LED Low and High Bay market. Below 15W, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 15W-50W segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for LED Low and High Bay market, driven by demand from China, the second largest economy with some signs of stabilising, the LED Low and High Bay market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for LED Low and High Bay, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global LED Low and High Bay market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global LED Low and High Bay market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, LED Low and High Bay sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of LED Low and High Bay covered in this report include Philips Lighting, Osram Licht AG, Cree, Nichia, Rohm, LG Innotek, Seoul Semi, Epistar and Opto Tech, etc.
The global LED Low and High Bay market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Philips Lighting
Osram Licht AG
Cree
Nichia
Rohm
LG Innotek
Seoul Semi
Epistar
Opto Tech
Everlight
Lite-on
Sanan Opto
Changlight
Silan
Ledison Lighting
Grainger Industrial Supply
Global LED Low and High Bay market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global LED Low and High Bay market, Segment by Type:
Below 15W
15W-50W
Above 50W
Global LED Low and High Bay market, by Application
Household
Commercial
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of LED Low and High Bay manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of LED Low and High Bay in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 LED Low and High Bay Market Overview
1.1 LED Low and High Bay Product Overview
1.2 LED Low and High Bay Market Segment by Type
1.2.1 Below 15W
1.2.2 15W-50W
1.2.3 Above 50W
1.3 Global LED Low and High Bay Market Size by Type
1.3.1 Global LED Low and High Bay Market Size Overview by Type (2018-2029)
1.3.2 Global LED Low and High Bay Historic Market Size Review by Type (2018-2023)
1.3.3 Global LED Low and High Bay Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America LED Low and High Bay Sales Breakdown by Type (2018-2023)
1.4.2 Europe LED Low and High Bay Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific LED Low and High Bay Sales Breakdown by Type (2018-2023)
1.4.4 Latin America LED Low and High Bay Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa LED Low and High Bay Sales Breakdown by Type (2018-2023)
2 Global LED Low and High Bay Market Competition by Company
2.1 Global Top Players by LED Low and High Bay Sales (2018-2023)
2.2 Global Top Players by LED Low and High Bay Revenue (2018-2023)
2.3 Global Top Players by LED Low and High Bay Price (2018-2023)
2.4 Global Top Manufacturers LED Low and High Bay Manufacturing Base Distribution, Sales Area, Product Type
2.5 LED Low and High Bay Market Competitive Situation and Trends
2.5.1 LED Low and High Bay Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by LED Low and High Bay Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in LED Low and High Bay as of 2022)
2.7 Date of Key Manufacturers Enter into LED Low and High Bay Market
2.8 Key Manufacturers LED Low and High Bay Product Offered
2.9 Mergers & Acquisitions, Expansion
3 LED Low and High Bay Status and Outlook by Region
3.1 Global LED Low and High Bay Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global LED Low and High Bay Historic Market Size by Region
3.2.1 Global LED Low and High Bay Sales in Volume by Region (2018-2023)
3.2.2 Global LED Low and High Bay Sales in Value by Region (2018-2023)
3.2.3 Global LED Low and High Bay Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global LED Low and High Bay Forecasted Market Size by Region
3.3.1 Global LED Low and High Bay Sales in Volume by Region (2024-2029)
3.3.2 Global LED Low and High Bay Sales in Value by Region (2024-2029)
3.3.3 Global LED Low and High Bay Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global LED Low and High Bay by Application
4.1 LED Low and High Bay Market Segment by Application
4.1.1 Household
4.1.2 Commercial
4.2 Global LED Low and High Bay Market Size by Application
4.2.1 Global LED Low and High Bay Market Size Overview by Application (2018-2029)
4.2.2 Global LED Low and High Bay Historic Market Size Review by Application (2018-2023)
4.2.3 Global LED Low and High Bay Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America LED Low and High Bay Sales Breakdown by Application (2018-2023)
4.3.2 Europe LED Low and High Bay Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific LED Low and High Bay Sales Breakdown by Application (2018-2023)
4.3.4 Latin America LED Low and High Bay Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa LED Low and High Bay Sales Breakdown by Application (2018-2023)
5 North America LED Low and High Bay by Country
5.1 North America LED Low and High Bay Historic Market Size by Country
5.1.1 North America LED Low and High Bay Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America LED Low and High Bay Sales in Volume by Country (2018-2023)
5.1.3 North America LED Low and High Bay Sales in Value by Country (2018-2023)
5.2 North America LED Low and High Bay Forecasted Market Size by Country
5.2.1 North America LED Low and High Bay Sales in Volume by Country (2024-2029)
5.2.2 North America LED Low and High Bay Sales in Value by Country (2024-2029)
6 Europe LED Low and High Bay by Country
6.1 Europe LED Low and High Bay Historic Market Size by Country
6.1.1 Europe LED Low and High Bay Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe LED Low and High Bay Sales in Volume by Country (2018-2023)
6.1.3 Europe LED Low and High Bay Sales in Value by Country (2018-2023)
6.2 Europe LED Low and High Bay Forecasted Market Size by Country
6.2.1 Europe LED Low and High Bay Sales in Volume by Country (2024-2029)
6.2.2 Europe LED Low and High Bay Sales in Value by Country (2024-2029)
7 Asia-Pacific LED Low and High Bay by Region
7.1 Asia-Pacific LED Low and High Bay Historic Market Size by Region
7.1.1 Asia-Pacific LED Low and High Bay Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific LED Low and High Bay Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific LED Low and High Bay Sales in Value by Region (2018-2023)
7.2 Asia-Pacific LED Low and High Bay Forecasted Market Size by Region
7.2.1 Asia-Pacific LED Low and High Bay Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific LED Low and High Bay Sales in Value by Region (2024-2029)
8 Latin America LED Low and High Bay by Country
8.1 Latin America LED Low and High Bay Historic Market Size by Country
8.1.1 Latin America LED Low and High Bay Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America LED Low and High Bay Sales in Volume by Country (2018-2023)
8.1.3 Latin America LED Low and High Bay Sales in Value by Country (2018-2023)
8.2 Latin America LED Low and High Bay Forecasted Market Size by Country
8.2.1 Latin America LED Low and High Bay Sales in Volume by Country (2024-2029)
8.2.2 Latin America LED Low and High Bay Sales in Value by Country (2024-2029)
9 Middle East and Africa LED Low and High Bay by Country
9.1 Middle East and Africa LED Low and High Bay Historic Market Size by Country
9.1.1 Middle East and Africa LED Low and High Bay Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa LED Low and High Bay Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa LED Low and High Bay Sales in Value by Country (2018-2023)
9.2 Middle East and Africa LED Low and High Bay Forecasted Market Size by Country
9.2.1 Middle East and Africa LED Low and High Bay Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa LED Low and High Bay Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Philips Lighting
10.1.1 Philips Lighting Company Information
10.1.2 Philips Lighting Introduction and Business Overview
10.1.3 Philips Lighting LED Low and High Bay Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Philips Lighting LED Low and High Bay Products Offered
10.1.5 Philips Lighting Recent Development
10.2 Osram Licht AG
10.2.1 Osram Licht AG Company Information
10.2.2 Osram Licht AG Introduction and Business Overview
10.2.3 Osram Licht AG LED Low and High Bay Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Osram Licht AG LED Low and High Bay Products Offered
10.2.5 Osram Licht AG Recent Development
10.3 Cree
10.3.1 Cree Company Information
10.3.2 Cree Introduction and Business Overview
10.3.3 Cree LED Low and High Bay Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Cree LED Low and High Bay Products Offered
10.3.5 Cree Recent Development
10.4 Nichia
10.4.1 Nichia Company Information
10.4.2 Nichia Introduction and Business Overview
10.4.3 Nichia LED Low and High Bay Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Nichia LED Low and High Bay Products Offered
10.4.5 Nichia Recent Development
10.5 Rohm
10.5.1 Rohm Company Information
10.5.2 Rohm Introduction and Business Overview
10.5.3 Rohm LED Low and High Bay Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Rohm LED Low and High Bay Products Offered
10.5.5 Rohm Recent Development
10.6 LG Innotek
10.6.1 LG Innotek Company Information
10.6.2 LG Innotek Introduction and Business Overview
10.6.3 LG Innotek LED Low and High Bay Sales, Revenue and Gross Margin (2018-2023)
10.6.4 LG Innotek LED Low and High Bay Products Offered
10.6.5 LG Innotek Recent Development
10.7 Seoul Semi
10.7.1 Seoul Semi Company Information
10.7.2 Seoul Semi Introduction and Business Overview
10.7.3 Seoul Semi LED Low and High Bay Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Seoul Semi LED Low and High Bay Products Offered
10.7.5 Seoul Semi Recent Development
10.8 Epistar
10.8.1 Epistar Company Information
10.8.2 Epistar Introduction and Business Overview
10.8.3 Epistar LED Low and High Bay Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Epistar LED Low and High Bay Products Offered
10.8.5 Epistar Recent Development
10.9 Opto Tech
10.9.1 Opto Tech Company Information
10.9.2 Opto Tech Introduction and Business Overview
10.9.3 Opto Tech LED Low and High Bay Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Opto Tech LED Low and High Bay Products Offered
10.9.5 Opto Tech Recent Development
10.10 Everlight
10.10.1 Everlight Company Information
10.10.2 Everlight Introduction and Business Overview
10.10.3 Everlight LED Low and High Bay Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Everlight LED Low and High Bay Products Offered
10.10.5 Everlight Recent Development
10.11 Lite-on
10.11.1 Lite-on Company Information
10.11.2 Lite-on Introduction and Business Overview
10.11.3 Lite-on LED Low and High Bay Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Lite-on LED Low and High Bay Products Offered
10.11.5 Lite-on Recent Development
10.12 Sanan Opto
10.12.1 Sanan Opto Company Information
10.12.2 Sanan Opto Introduction and Business Overview
10.12.3 Sanan Opto LED Low and High Bay Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Sanan Opto LED Low and High Bay Products Offered
10.12.5 Sanan Opto Recent Development
10.13 Changlight
10.13.1 Changlight Company Information
10.13.2 Changlight Introduction and Business Overview
10.13.3 Changlight LED Low and High Bay Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Changlight LED Low and High Bay Products Offered
10.13.5 Changlight Recent Development
10.14 Silan
10.14.1 Silan Company Information
10.14.2 Silan Introduction and Business Overview
10.14.3 Silan LED Low and High Bay Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Silan LED Low and High Bay Products Offered
10.14.5 Silan Recent Development
10.15 Ledison Lighting
10.15.1 Ledison Lighting Company Information
10.15.2 Ledison Lighting Introduction and Business Overview
10.15.3 Ledison Lighting LED Low and High Bay Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Ledison Lighting LED Low and High Bay Products Offered
10.15.5 Ledison Lighting Recent Development
10.16 Grainger Industrial Supply
10.16.1 Grainger Industrial Supply Company Information
10.16.2 Grainger Industrial Supply Introduction and Business Overview
10.16.3 Grainger Industrial Supply LED Low and High Bay Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Grainger Industrial Supply LED Low and High Bay Products Offered
10.16.5 Grainger Industrial Supply Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 LED Low and High Bay Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 LED Low and High Bay Industrial Chain Analysis
11.4 LED Low and High Bay Market Dynamics
11.4.1 LED Low and High Bay Industry Trends
11.4.2 LED Low and High Bay Market Drivers
11.4.3 LED Low and High Bay Market Challenges
11.4.4 LED Low and High Bay Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 LED Low and High Bay Distributors
12.3 LED Low and High Bay Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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