Germany LED Market Outlook to 2027F
By End User (Commercial, Retail, Hospitality, Industrial), Product Type (Lamps and Luminaires), Distribution Channel (Direct Sales, Wholesale)
February 2023
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About the Report
About the Report
The report provides a comprehensive analysis of the potential of the LED market in Germany. The report covers an overview and genesis of the industry, market size in terms of transaction volume and revenue generated.
The Germany led market segmentations include by End User, by product type and by distribution channels; growth enablers and drivers; challenges and bottlenecks; trends driving adoption trends; regulatory framework; end-user analysis, industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.
Market Overview:
According to Ken Research estimates, the Germany LED market is forecasted to grow at a robust CAGR in the period of 2022P-2027F, owing the growing consumer awareness about the environment, the durability of these lights and the government mandates for energy efficiency drive the increasing adoption of LEDs.
- Lighting accounts for nearly 10% of household electricity usage and 18–40% of commercial premises. There is a growing demand for energy saving worldwide, creating scope for the market.
- Advancements in light-emitting diode technology have authorized LED lighting products to penetrate the commercial lighting demand with enormous growth potential.
Key Trends by Market Segment:
By Product Type: The rising demand for A-type and T-type lamps in residential and commercial sectors help the lamps segment acquire a significant share of the market. The rising demand for advanced lamps such as MR-16 lamps and reflector lamps, especially in retail application such as small stores, retail shops, and malls, also help the segment retain dominance.
By End User: The commercial segment accounted for the largest share of more than ~% in 2022 and is expected to continue to dominate over the forecast period.
Competitive Landscape
In Germany LED Market there are about ~ players operating in the overall market, and top ~ players accounted ~% share in the market in terms of revenue. The Germany led market is fragmented and has high intensified competition within industry players. There is a high homogeneity of products manufactured in the market; however, brand awareness among consumers is likely to drive the market further.
Future Outlook
The Germany LED Market is projected to show a significant growth of CAGR ~% in the forecasted period of 2022-2027F, with the people growing awareness about the environment and the durability of these lights.
Scope Of The Report
Scope of the Report
Its market segmentation includes End User (Commercial Offices, Retail, Hospitality, Industrial) Product Type (Lamps and Luminaires), Distribution Channel (Direct Sales, Wholesale).
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Products
Products
Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report
- Existing LED Lighting Manufacturers in Germany
- New Market Entrants- Domestic OEMs
- New Market Entrants- Foreign OEMs
- Real Estate Companies
- Government Bodies
- Investors & Venture Capital Firms
- Lighting Equipment Manufacturers and Importers
- LED Lighting Retail Chains
- Lighting Equipment Distributors
- Lighting Equipment Associations
Time Period Captured in the Report
- Historical Period: 2017-2022P
- Base Year: 2022P
- Forecast Period: 2022P-2027F
Companies
Major Players
- Eglo
- Ledvance
- Bega
- Eaton
- Dialight
- ShineLong
- MBN PROLED
Table of Contents
Table of Contents
1. Executive Summary
2. Germany LED Market Overview
2.1 Taxonomy of Germany LED Market
2.2 Industry Value Chain
2.3 Ecosystem
2.4 Government Regulations/Initiatives for the Germany LED Market
2.5 Growth Drivers of the Germany LED Market
2.6 Issues and Challenges of the Germany LED Market
2.7 Impact of COVID-19 on the Germany LED Market
2.8 SWOT Analysis
3. Germany LED Market Size, 2017 – 2022
4. Germany LED Market Segmentation
4.1 By Product Type, 2017 - 2022
4.2 By Application, 2017 - 2022
4.3 By Regional Split (North/East/West/South/Central), 2017 - 2022
5. Competitive Landscape
5.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
5.2 Strategies Adopted by Leading Players
5.3 Company Profiles – (Top 7 Major Players)
5.3.1 Eglo
5.3.2 Dialight
5.3.3 Bega
5.3.4 Ledvance
5.3.5 Eaton
5.3.6 Panasonic Corporation
5.3.7 Cree Inc.
6. Germany LED Future Market Size, 2022 – 2027
7. Germany LED Future Market Segmentation
7.1 By Product Type, 2022 - 2027
7.2 By Application, 2022 - 2027
7.3 By Regional Split (North/East/West/South/Central), 2022 - 2027
8. Analyst Recommendations
9. Research Methodology
10. Disclaimer
11. Contact Us
Research Methodology
Research Methodology
Step 1: Identifying Key Variables: Our team will initially create an ecosystem for all the entities in the lighting Market that are providing LED lights in Germany Market.
Step 2: Market Building: In the next step, we have referred to multiple secondary and proprietary databases to perform deck research around the market and collate industry-level information to create an initial level hypothesis. We will also explore company-level info by referring press releases, annual reports, financial statements, and other documents to understand basic information about the companies and market level.
Step 3: Validating and Finalizing: Later our team will conduct a series of Interviews with multiple C-Level Executives and other stakeholders belonging to different companies to confirm the market hypothesis, validate statistics and seek operational and financial information from company representatives.
Step 4: Research Output: Furthermore, to validate this data our team will pitch each company as a potential customer through a mystery shopping exercise and will confirm the operational and financial performance of Germany Led Market Entities which have been shared by company executives and available on secondary databases. We will be conducting another set of CATIs with the respective entities to understand customer behaviour, channel preference, and other factors. We will also assess customer analysis in terms of their preferences and pain points.
Frequently Asked Questions
Frequently Asked Questions
What is the Study Period of this Market Report?
The Germany LED Market is covered from 2017–2027 in this report, including a forecast for 2022P-2027F.
What are the Key Factors Driving the Germany LED Market?
Growing consumer awareness about the environment, the durability of these lights and the government mandates for energy efficiency drive the increasing adoption of LEDs.
What is the Future Growth Rate of the Germany LED Market?
The Germany LED Market is expected to witness a CAGR of ~% over the next five years.
Who are the Key Players in the Germany LED Market?
Eglo, Ledvance and Bega are the key players in the Germany LED Market.
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