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Global LED Tube Light Market: Efforts to Phase out Inefficient Lighting Sources Driving the Sales of LED Tube Lights

LED tube lights provide the most energy efficient solution for linear tube lighting, offering smooth, constant and crystal clear supply of light. They are increasingly being preferred over fluorescent tube lights mainly because of their energy efficiency, low maintenance costs and extended life span. Although LED tube lights may be more expensive than conventional tube lights, they consume very little energy as compared to a normal tube light.

Due to their unique solid-state design, LED tube lights require no warm up time, and are extremely durable and light in weight. Where fluorescent tube lights tend to burn out faster when integrated with occupancy sensors and other controls, LED tube lights work perfectly with control systems and are not affected by frequent switching. LED tube lights also do not emit ultraviolet radiation, contain no mercury or other harmful substances and are capable of working just as fine in extremely cold weather conditions unlike other lights which often fail to give proper lighting. 

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Driving factors for LED Tube Light Market

There are currently many factors at play that have brought LED based lighting systems to the forefront. Rising environmental concerns over greenhouse gas emissions, increasing expenses on electricity generation and a growing focus on minimizing energy consumption have led to more stringent government regulations across the globe, leading a shift towards greener and more energy efficient lighting sources such as LEDs. Governments of various countries have launched many schemes to encourage the production/procurement of LED based lighting products while many others have taken up initiatives to phase-out inefficient lighting solutions. Infrastructural development and green building projects have also helped to drive the global sales of LED tube lights.

Increasing awareness about the use of LED lights among consumers have also pushed the demand for LED tube lights in the recent years. Furthermore, the phasing out of T12 ballast technology led to many consumers shifting towards LED replacement products such as LED tubes that can be installed in existing fixtures and thus save costs over installation of new lighting systems.

Key Application Areas

LED tube lights offer maximum light output and energy savings due to which they are rapidly replacing fluorescent tube lights in both commercial and residential buildings. Available in both clear and frosted lens styles and in an array of colour temperatures, tube lights are currently being used in offices, conference rooms, showrooms and malls, homes, departmental stores and boutiques, warehouses and parking houses, hospitals, laboratories, etc.

Popular types and design materials

LED tube lights are available in different types and design materials according to the consumer demand and requirements. Some of the popular types include LED Tube Light (Direct Fit), LED Tube Light (Internal Driver) and LED Tube Light (External Driver). Some of the popular design materials include thermoplastic housing, extruded aluminium housing and extruded glass housing.

Regional Segmentation

China currently represents both the largest producer and consumer of LED based lighting products. A strong economic growth and increasing urbanization provides impetus to the market in this region.  Other major markets include North America, Europe, Asia Pacific (excluding China and Japan), Japan, Middle East & Africa and Latin America.

On analysis of the competitive landscape, the market is found to be highly competitive with many global and local players. Some of the key players include Nichia, Lumileds, Osram, Everlight Electronics, Cree, Samsung Electronics, Seoul Semiconductor, Epistar and LG Innotek.

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About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the LED tube light industry, which has enabled the clients to successfully set up and expand their businesses. Some of the company’s offerings include:

• Market Research
• Plant setup
• Plant Expansion
• Marketing and sales
• Procurement and Distribution
• Innovation and Product Development
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