LED Retrofit Market (Type: Indoor and Outdoor; and Functionality: Dimmable and Non-dimmable) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2031
TMR's report on the global LED retrofit market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2023 to 2031. The report provides revenue of the global LED retrofit market for the period 2017-2031, considering 2023 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global LED retrofit market from 2023 to 2031.
The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players' product literature, annual reports, press releases, and relevant documents to understand the LED retrofit market.
Market Snapshot
Market Value in 2022
US$ 3.5 Bn
Market Value in 2031
US$ 7.6 Bn
CAGR
8.8%
Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global LED retrofit market.
The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global LED retrofit market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global LED retrofit market.
The report delves into the competitive landscape of the global LED retrofit market. Key players operating in the global LED retrofit market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global LED retrofit market profiled in this report.
Key Questions Answered in Global LED retrofit Market Report:
What is the sales/revenue generated by LED retrofit across all regions during the forecast period?
What are the opportunities in the global LED retrofit market?
What are the major drivers, restraints, opportunities, and threats in the market?
Which regional market is set to expand at the fastest CAGR during the forecast period?
Which segment is expected to generate the highest revenue globally in 2031?
Which segment is projected to expand at the highest CAGR during the forecast period?
What are the market positions of different companies operating in the global market?
LED Retrofit Market - Research Objectives and Research Approach
The comprehensive report on the global LED retrofit market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.
For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.
The report analyzes the global LED retrofit market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2031 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global LED retrofit market.
Table of Contents
1. Preface
1.1. Market and Segment Definitions
1.2. Market Taxonomy
1.3. Research Methodology
1.4. Assumption and Acronyms
2. Executive Summary
2.1. Global LED Retrofit Market Overview
2.2. Regional Outline
2.3. Industry Outline
2.4. Market Dynamics Snapshot
2.5. Competition Blueprint
3. Market Dynamics
3.1. Macro-economic Factors
3.2. Drivers
3.3. Restraints
3.4. Opportunities
3.5. Key Trends
3.6. Regulatory Framework
4. Associated Industry and Key Indicator Assessment
4.1. Parent Industry Overview - Industry Automation Overview
4.2. Ecosystem Analysis
4.3. Pricing Analysis
4.4. Technology Roadmap Analysis
4.5. Industry SWOT Analysis
4.6. Porter Five Forces Analysis
5. Global LED Retrofit Market Analysis, by Type
5.1. LED Retrofit Market Size (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Type, 2017-2031
5.1.1. Indoor
5.1.2. Outdoor
5.2. Market Attractiveness Analysis, by Type
6. Global LED Retrofit Market Analysis, by Application
6.1. LED Retrofit Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031
6.1.1. Residential
6.1.2. Commercial
6.1.3. Industrial
6.1.4. Others
6.2. Market Attractiveness Analysis, by Application
7. Global LED Retrofit Market Analysis, by Functionality
7.1. LED Retrofit Market Size (US$ Mn) Analysis & Forecast, by Functionality, 2017-2031
7.1.1. Dimmable
7.1.2. Non-dimmable
7.2. Market Attractiveness Analysis, by Functionality
8. Global LED Retrofit Market Analysis and Forecast, by Region
8.1. LED Retrofit Market Size (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Region, 2017-2031
8.1.1. North America
8.1.2. Europe
8.1.3. Asia Pacific
8.1.4. Middle East & Africa
8.1.5. South America
8.2. Market Attractiveness Analysis, by Region
9. North America LED Retrofit Market Analysis and Forecast
9.1. Market Snapshot
9.2. LED Retrofit Market Size (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Type, 2017-2031
9.2.1. Indoor
9.2.2. Outdoor
9.3. LED Retrofit Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031
9.3.1. Residential
9.3.2. Commercial
9.3.3. Industrial
9.3.4. Others
9.4. LED Retrofit Market Size (US$ Mn) Analysis & Forecast, by Functionality, 2017-2031
9.4.1. Dimmable
9.4.2. Non-dimmable
9.5. LED Retrofit Market Size (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Country, 2017-2031
9.5.1. U.S.
9.5.2. Canada
9.5.3. Rest of North America
9.6. Market Attractiveness Analysis
9.6.1. By Type
9.6.2. By Application
9.6.3. By Functionality
9.6.4. By Country/Sub-region
10. Europe LED Retrofit Market Analysis and Forecast
10.1. Market Snapshot
10.2. LED Retrofit Market Size (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Type, 2017-2031
10.2.1. Indoor
10.2.2. Outdoor
10.3. LED Retrofit Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031
10.3.1. Residential
10.3.2. Commercial
10.3.3. Industrial
10.3.4. Others
10.4. LED Retrofit Market Size (US$ Mn) Analysis & Forecast, by Functionality, 2017-2031
10.4.1. Dimmable
10.4.2. Non-dimmable
10.5. LED Retrofit Market Size (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Country and Sub-region, 2017-2031
10.5.1. U.K.
10.5.2. Germany
10.5.3. France
10.5.4. Rest of Europe
10.6. Market Attractiveness Analysis
10.6.1. By Type
10.6.2. By Application
10.6.3. By Functionality
10.6.4. By Country/Sub-region
11. Asia Pacific LED Retrofit Market Analysis and Forecast
11.1. Market Snapshot
11.2. LED Retrofit Market Size (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Type, 2017-2031
11.2.1. Indoor
11.2.2. Outdoor
11.3. LED Retrofit Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031
11.3.1. Residential
11.3.2. Commercial
11.3.3. Industrial
11.3.4. Others
11.4. LED Retrofit Market Size (US$ Mn) Analysis & Forecast, by Functionality, 2017-2031
11.4.1. Dimmable
11.4.2. Non-dimmable
11.5. LED Retrofit Market Size (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Country and Sub-region, 2017-2031
11.5.1. China
11.5.2. Japan
11.5.3. India
11.5.4. South Korea
11.5.5. ASEAN
11.5.6. Rest of Asia Pacific
11.6. Market Attractiveness Analysis
11.6.1. By Type
11.6.2. By Application
11.6.3. By Functionality
11.6.4. By Country/Sub-region
12. Middle East & Africa LED Retrofit Market Analysis and Forecast
12.1. Market Snapshot
12.2. LED Retrofit Market Size (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Type, 2017-2031
12.2.1. Indoor
12.2.2. Outdoor
12.3. LED Retrofit Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031
12.3.1. Residential
12.3.2. Commercial
12.3.3. Industrial
12.3.4. Others
12.4. LED Retrofit Market Size (US$ Mn) Analysis & Forecast, by Functionality, 2017-2031
12.4.1. Dimmable
12.4.2. Non-dimmable
12.5. LED Retrofit Market Size (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Country and Sub-region, 2017-2031
12.5.1. GCC
12.5.2. South Africa
12.5.3. Rest of Middle East & Africa
12.6. Market Attractiveness Analysis
12.6.1. By Type
12.6.2. By Application
12.6.3. By Functionality
12.6.4. By Country/Sub-region
13. South America LED Retrofit Market Analysis and Forecast
13.1. Market Snapshot
13.2. LED Retrofit Market Size (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Type, 2017-2031
13.2.1. Indoor
13.2.2. Outdoor
13.3. LED Retrofit Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031
13.3.1. Residential
13.3.2. Commercial
13.3.3. Industrial
13.3.4. Others
13.4. LED Retrofit Market Size (US$ Mn) Analysis & Forecast, by Functionality, 2017-2031
13.4.1. Dimmable
13.4.2. Non-dimmable
13.5. LED Retrofit Market Size (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Country and Sub-region, 2017-2031
13.5.1. Brazil
13.5.2. Rest of South America
13.6. Market Attractiveness Analysis
13.6.1. By Type
13.6.2. By Application
13.6.3. By Functionality
13.6.4. By Country/Sub-region
14. Competition Assessment
14.1. Global LED Retrofit Market Competition Matrix - a Dashboard View
14.1.1. Global LED Retrofit Market Company Share Analysis, by Value (2022)
14.1.2. Technological Differentiator
15. Company Profiles (Global Manufacturers/Suppliers)