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LED Panel Lights-Global Market Insights and Sales Trends 2025
Synopsis
LED Panel Lights are Ceiling lights which can be circular or square in shape. They produce bright illumination through LEDs. LED Panels can be recessed, surface mounted or suspended from the ceiling.
The global LED Panel Lights market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of LED Panel Lights in various end use industries. The expanding demands from the Household, Commercial and Others,, are propelling LED Panel Lights market. Embedded Type, 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 Suspended Type segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for LED Panel Lights market, driven by demand from China, the second largest economy with some signs of stabilising, the LED Panel Lights 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 Panel Lights, 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 Panel Lights 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 Panel Lights market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, LED Panel Lights 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 Panel Lights covered in this report include Philips, OPPLE, Panasonic, OSRAM, FSL, NVC Lighting, NPU, TCL and PAK, etc.
The global LED Panel Lights 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
OPPLE
Panasonic
OSRAM
FSL
NVC Lighting
NPU
TCL
PAK
Yankon
Global LED Panel Lights 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 Panel Lights market, Segment by Type:
Embedded Type
Suspended Type
Ceiling Type
Global LED Panel Lights market, by Application
Household
Commercial
Others
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 Panel Lights manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of LED Panel Lights 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.
LED Panel Lights are Ceiling lights which can be circular or square in shape. They produce bright illumination through LEDs. LED Panels can be recessed, surface mounted or suspended from the ceiling.
The global LED Panel Lights market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of LED Panel Lights in various end use industries. The expanding demands from the Household, Commercial and Others,, are propelling LED Panel Lights market. Embedded Type, 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 Suspended Type segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for LED Panel Lights market, driven by demand from China, the second largest economy with some signs of stabilising, the LED Panel Lights 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 Panel Lights, 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 Panel Lights 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 Panel Lights market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, LED Panel Lights 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 Panel Lights covered in this report include Philips, OPPLE, Panasonic, OSRAM, FSL, NVC Lighting, NPU, TCL and PAK, etc.
The global LED Panel Lights 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
OPPLE
Panasonic
OSRAM
FSL
NVC Lighting
NPU
TCL
PAK
Yankon
Global LED Panel Lights 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 Panel Lights market, Segment by Type:
Embedded Type
Suspended Type
Ceiling Type
Global LED Panel Lights market, by Application
Household
Commercial
Others
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 Panel Lights manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of LED Panel Lights 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 Panel Lights Market Overview
1.1 LED Panel Lights Product Overview
1.2 LED Panel Lights Market Segment by Type
1.2.1 Embedded Type
1.2.2 Suspended Type
1.2.3 Ceiling Type
1.3 Global LED Panel Lights Market Size by Type
1.3.1 Global LED Panel Lights Market Size Overview by Type (2018-2029)
1.3.2 Global LED Panel Lights Historic Market Size Review by Type (2018-2023)
1.3.3 Global LED Panel Lights Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America LED Panel Lights Sales Breakdown by Type (2018-2023)
1.4.2 Europe LED Panel Lights Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific LED Panel Lights Sales Breakdown by Type (2018-2023)
1.4.4 Latin America LED Panel Lights Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa LED Panel Lights Sales Breakdown by Type (2018-2023)
2 Global LED Panel Lights Market Competition by Company
2.1 Global Top Players by LED Panel Lights Sales (2018-2023)
2.2 Global Top Players by LED Panel Lights Revenue (2018-2023)
2.3 Global Top Players by LED Panel Lights Price (2018-2023)
2.4 Global Top Manufacturers LED Panel Lights Manufacturing Base Distribution, Sales Area, Product Type
2.5 LED Panel Lights Market Competitive Situation and Trends
2.5.1 LED Panel Lights Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by LED Panel Lights 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 Panel Lights as of 2022)
2.7 Date of Key Manufacturers Enter into LED Panel Lights Market
2.8 Key Manufacturers LED Panel Lights Product Offered
2.9 Mergers & Acquisitions, Expansion
3 LED Panel Lights Status and Outlook by Region
3.1 Global LED Panel Lights Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global LED Panel Lights Historic Market Size by Region
3.2.1 Global LED Panel Lights Sales in Volume by Region (2018-2023)
3.2.2 Global LED Panel Lights Sales in Value by Region (2018-2023)
3.2.3 Global LED Panel Lights Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global LED Panel Lights Forecasted Market Size by Region
3.3.1 Global LED Panel Lights Sales in Volume by Region (2024-2029)
3.3.2 Global LED Panel Lights Sales in Value by Region (2024-2029)
3.3.3 Global LED Panel Lights Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global LED Panel Lights by Application
4.1 LED Panel Lights Market Segment by Application
4.1.1 Household
4.1.2 Commercial
4.1.3 Others
4.2 Global LED Panel Lights Market Size by Application
4.2.1 Global LED Panel Lights Market Size Overview by Application (2018-2029)
4.2.2 Global LED Panel Lights Historic Market Size Review by Application (2018-2023)
4.2.3 Global LED Panel Lights Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America LED Panel Lights Sales Breakdown by Application (2018-2023)
4.3.2 Europe LED Panel Lights Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific LED Panel Lights Sales Breakdown by Application (2018-2023)
4.3.4 Latin America LED Panel Lights Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa LED Panel Lights Sales Breakdown by Application (2018-2023)
5 North America LED Panel Lights by Country
5.1 North America LED Panel Lights Historic Market Size by Country
5.1.1 North America LED Panel Lights Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America LED Panel Lights Sales in Volume by Country (2018-2023)
5.1.3 North America LED Panel Lights Sales in Value by Country (2018-2023)
5.2 North America LED Panel Lights Forecasted Market Size by Country
5.2.1 North America LED Panel Lights Sales in Volume by Country (2024-2029)
5.2.2 North America LED Panel Lights Sales in Value by Country (2024-2029)
6 Europe LED Panel Lights by Country
6.1 Europe LED Panel Lights Historic Market Size by Country
6.1.1 Europe LED Panel Lights Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe LED Panel Lights Sales in Volume by Country (2018-2023)
6.1.3 Europe LED Panel Lights Sales in Value by Country (2018-2023)
6.2 Europe LED Panel Lights Forecasted Market Size by Country
6.2.1 Europe LED Panel Lights Sales in Volume by Country (2024-2029)
6.2.2 Europe LED Panel Lights Sales in Value by Country (2024-2029)
7 Asia-Pacific LED Panel Lights by Region
7.1 Asia-Pacific LED Panel Lights Historic Market Size by Region
7.1.1 Asia-Pacific LED Panel Lights Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific LED Panel Lights Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific LED Panel Lights Sales in Value by Region (2018-2023)
7.2 Asia-Pacific LED Panel Lights Forecasted Market Size by Region
7.2.1 Asia-Pacific LED Panel Lights Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific LED Panel Lights Sales in Value by Region (2024-2029)
8 Latin America LED Panel Lights by Country
8.1 Latin America LED Panel Lights Historic Market Size by Country
8.1.1 Latin America LED Panel Lights Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America LED Panel Lights Sales in Volume by Country (2018-2023)
8.1.3 Latin America LED Panel Lights Sales in Value by Country (2018-2023)
8.2 Latin America LED Panel Lights Forecasted Market Size by Country
8.2.1 Latin America LED Panel Lights Sales in Volume by Country (2024-2029)
8.2.2 Latin America LED Panel Lights Sales in Value by Country (2024-2029)
9 Middle East and Africa LED Panel Lights by Country
9.1 Middle East and Africa LED Panel Lights Historic Market Size by Country
9.1.1 Middle East and Africa LED Panel Lights Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa LED Panel Lights Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa LED Panel Lights Sales in Value by Country (2018-2023)
9.2 Middle East and Africa LED Panel Lights Forecasted Market Size by Country
9.2.1 Middle East and Africa LED Panel Lights Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa LED Panel Lights Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Philips
10.1.1 Philips Company Information
10.1.2 Philips Introduction and Business Overview
10.1.3 Philips LED Panel Lights Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Philips LED Panel Lights Products Offered
10.1.5 Philips Recent Development
10.2 OPPLE
10.2.1 OPPLE Company Information
10.2.2 OPPLE Introduction and Business Overview
10.2.3 OPPLE LED Panel Lights Sales, Revenue and Gross Margin (2018-2023)
10.2.4 OPPLE LED Panel Lights Products Offered
10.2.5 OPPLE Recent Development
10.3 Panasonic
10.3.1 Panasonic Company Information
10.3.2 Panasonic Introduction and Business Overview
10.3.3 Panasonic LED Panel Lights Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Panasonic LED Panel Lights Products Offered
10.3.5 Panasonic Recent Development
10.4 OSRAM
10.4.1 OSRAM Company Information
10.4.2 OSRAM Introduction and Business Overview
10.4.3 OSRAM LED Panel Lights Sales, Revenue and Gross Margin (2018-2023)
10.4.4 OSRAM LED Panel Lights Products Offered
10.4.5 OSRAM Recent Development
10.5 FSL
10.5.1 FSL Company Information
10.5.2 FSL Introduction and Business Overview
10.5.3 FSL LED Panel Lights Sales, Revenue and Gross Margin (2018-2023)
10.5.4 FSL LED Panel Lights Products Offered
10.5.5 FSL Recent Development
10.6 NVC Lighting
10.6.1 NVC Lighting Company Information
10.6.2 NVC Lighting Introduction and Business Overview
10.6.3 NVC Lighting LED Panel Lights Sales, Revenue and Gross Margin (2018-2023)
10.6.4 NVC Lighting LED Panel Lights Products Offered
10.6.5 NVC Lighting Recent Development
10.7 NPU
10.7.1 NPU Company Information
10.7.2 NPU Introduction and Business Overview
10.7.3 NPU LED Panel Lights Sales, Revenue and Gross Margin (2018-2023)
10.7.4 NPU LED Panel Lights Products Offered
10.7.5 NPU Recent Development
10.8 TCL
10.8.1 TCL Company Information
10.8.2 TCL Introduction and Business Overview
10.8.3 TCL LED Panel Lights Sales, Revenue and Gross Margin (2018-2023)
10.8.4 TCL LED Panel Lights Products Offered
10.8.5 TCL Recent Development
10.9 PAK
10.9.1 PAK Company Information
10.9.2 PAK Introduction and Business Overview
10.9.3 PAK LED Panel Lights Sales, Revenue and Gross Margin (2018-2023)
10.9.4 PAK LED Panel Lights Products Offered
10.9.5 PAK Recent Development
10.10 Yankon
10.10.1 Yankon Company Information
10.10.2 Yankon Introduction and Business Overview
10.10.3 Yankon LED Panel Lights Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Yankon LED Panel Lights Products Offered
10.10.5 Yankon Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 LED Panel Lights 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 Panel Lights Industrial Chain Analysis
11.4 LED Panel Lights Market Dynamics
11.4.1 LED Panel Lights Industry Trends
11.4.2 LED Panel Lights Market Drivers
11.4.3 LED Panel Lights Market Challenges
11.4.4 LED Panel Lights Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 LED Panel Lights Distributors
12.3 LED Panel Lights 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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