Flex LED strip lights are thin flexible printed circuit boards with LEDs and resistors attached that populated by surface mounted light-emitting diodes (SMD LEDs) that usually comes with an adhesive backing. These LED strips come in many configurations meaning one can be very bright to light an entire room and another less bright for accent lighting. LED flexible strips can also be made to use any usable wavelength or color that is desired for your home or business project.
LPI (LP Information)' newest research report, the “Flex LED Strip Industry Forecast” looks at past sales and reviews total world Flex LED Strip sales in 2022, providing a comprehensive analysis by region and market sector of projected Flex LED Strip sales for 2023 through 2029. With Flex LED Strip sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Flex LED Strip industry.
This Insight Report provides a comprehensive analysis of the global Flex LED Strip lands cape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Flex LED Strip portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Flex LED Strip market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Flex LED Strip and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electronic Grade Phosphoric Acid.
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The global Flex LED Strip market size is projected to grow from US$ 834.4 million in 2022 to US$ 1836.6 million in 2029; it is expected to grow at a CAGR of 1836.6 from 2023 to 2029.
Global Flex LED Strip key players include OML Technology, Jiasheng Lighting, Osram, Philips, Forge Europa, etc. Global five four manufacturers hold a share over 20%.
China is the largest market, with a share over 35%, followed by Europe and US, both have a share over 40%.
In terms of product, 5050 is the largest segment, with a share over 65%. And in terms of application, the largest application is Commercial Application, followed by Home Application, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Flex LED Strip market by product type, application, key manufacturers and key regions and countries.
Top Manufactures in Global Flex LED Strip Includes:
OML Technology
Jiasheng Lighting
Osram
Philips
Forge Europa
Sidon Lighting
Optek Electronics
NVC Lighting
Opple
Jesco Lighting
Ledtronics
PAK
FSL
Market Segment by Type, covers:
3528
5050
Others
Market Segment by Applications, can be divided into:
Home Application
Commercial Application
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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