United Kingdom LED Lighting Market 2023-2030

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    UNITED KINGDOM LED LIGHTING MARKET

     

    INTRODUCTION

    When compared to other lighting options like halogen, CFL, and incandescent lights, LED lights are typically a better choice.

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    LEDs are frequently used in both indoor and outdoor settings because of their ability to operate with minimum energy input while producing high illumination.

     

    Manufacturers can create products with greater design freedom and switching endurance thanks to LEDs.

     

    The market for LED goods is anticipated to increase as customers become more aware of the advantages of LED lights and convert to green lighting. 

     

    UNITED KINGDOM LED LIGHTING MARKET SIZE AND FORECAST

     

    The United Kingdom LED lighting market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.

     

    NEW PRODUCT LAUNCH

     

    In addition to outlining some of the lighting-design components of the solid-state lighting project, Future Designs has announced the creation of unique LED luminaires that will be used in many of the stations for the new Crossrail transit line in London, UK.

     

    The Rotolight NEO3 and AEOS 2 have arrived to revolutionise LED lighting for all creatives after being introduced through a record-breaking Kickstarter campaign.

     

    RECENT PARTNERSHIP

     

    With an emphasis on smart connected lighting for the linked building, Smartech Lighting Controls is a prominent provider of lighting controls. Whytelight Dezine is a leading lighting control supplier in the Scottish and UK markets. WiSilica has announced a strategic relationship with both companies.

     

    NEW PRODUCT LAUNCH

    The most energy-efficient lighting solutions  have been launched by Signify, the global leader in lighting, in its Ultra Efficient product lineup. A selection of A-class MASTER LEDbulbs and MASTER LEDtubes are among the newly released goods.

     

    Regarding the more stringent energy labelling mandated by the recently implemented Ecodesign Regulation and Energy Labelling Regulation, the Ultra Efficient product range is best in class.

     

    The new products, which are the first in a line of new Philips lighting to achieve the highest level of the new energy labelling legislation, are made possible by this technological advancement.

     

    By converting to the A-class Philips MASTER LEDtube Ultra Efficient (UE), a typical small business in the UK that uses 100 fluorescent tubes might save energy costs.

     

    Additionally, with energy savings of up to 60% compared to ordinary LED bulbs and a lifespan of up to 3.5 times longer, the Ultra Efficiency range is the ideal option to support consumers in addressing the rising need to reduce carbon footprint in the context of the global energy crisis. Just 120lm/W would achieve A++ efficiency under the previous energy rating. 120/lm would receive an E-rating under the revised criteria.

     

    Lighting products must achieve an energy efficiency of 210lm/W in order to receive an A-class rating under the new requirements. These standards have been met by a variety of lamps created and built by Signify, which means they use 60% less energy to provide the same amount of light as conventional LED lighting. 

     

    Due to their decreased energy use, the Ultra-Efficient line is more economical in the long run.The new tube also has a lifespan that is 100,000 hours greater than that of its fluorescent cousin, which is a significant improvement.

     

    Similar to how the LED bulb’s 50,000-hour lifespan makes frequent replacements unnecessary, the A-class range contributes to cost savings while decreasing waste by removing the need for them. Additionally, a new Philips MASTER LED UE lighting line can cut CO2 emissions by up to 2,285 kg throughout its lifetime, which is the same amount of emissions that 99 trees would absorb, compared to a fluorescent tube. 

     

    The most energy-efficient tube yet has been developed through substantial innovation, and it couldn’t have come at a better moment. By converting to ultra-efficient LEDs, it could significantly lower the lighting-related energy consumption, especially in commercial and industrial settings like warehouses, offices, schools, and retail stores where all-day lighting is necessary.

     

    The range is a great option to support the UK’s green recovery because of the lamps’ and technology’s sustainability, which is another benefit to add to the list. Long leading the transition from traditional fluorescent lighting to more ecologically friendly LED lighting is Signify.

     

    COMPANY PROFILE

     

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. What is the average cost per United Kingdom LED lighting market right now and how will it change in the next 5-6 years?
    2. Average cost to set up a LED lighting market in the United Kingdom?
    3. How many United Kingdom LED lighting market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    4. What is happening in the overall public, globally?
    5. Cost breakup of a United Kingdom LED lighting market and key vendor selection criteria
    6. Where is the United Kingdom LED lighting market  manufactured? What is the average margin per equipment?
    7. Market share of United Kingdom LED lighting market manufacturers and their upcoming products
    8. The most important planned United Kingdom LED lighting market in next 2 years
    9. Details on the network of major United Kingdom LED lighting market and pricing plans
    10. Cost advantage for OEMs who manufacture United Kingdom LED lighting market in-house
    11. 5 key predictions for the next 5 years in United Kingdom LED lighting market
    12. Average B-2-B United Kingdom LED lighting market price in all segments
    13. Latest trends in United Kingdom LED lighting market, by every market segment
    14. The market size (both volume and value) of United Kingdom LED lighting market in 2022-2030 and every year in between?
    15. Global production breakup of United Kingdom LED lighting market, by suppliers and their OEM relationship

     

     

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2022-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2022-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2022-2030
    21 Product installation rate by OEM, 2022
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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