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Europe Filament LED Bulb Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (0-25-Watt Type, 25-40-Watt Type, 40-60-Watt Type, and Above 60-Watt Type) and Application (Residential, Restaurants and Bars, Hotels, Café, and Others)

  • ID: 5416405
  • Report
  • August 2021
  • Region: Europe
  • 83 pages
  • The Insight Partners
UP TO OFF
until Sep 30th 2021

FEATURED COMPANIES

  • Crompton Lamps Ltd
  • Havells India Ltd
  • MEGAMAN
  • OSRAM GmbH
  • Signify Holding (Philips)
  • UKLED
  • MORE
Residential Segment to Dominate Europe Filament LED Bulb Market during 2020-2028



According to a new market research study on “Europe Filament LED Bulb Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Product and Application,” is expected to reach US$ 1,375.83 million by 2028 from US$ 309.98 million in 2021. The market is estimated to grow at a CAGR of 23.7% from 2021 to 2028. The report provides trends prevailing in the Europe filament LED bulb market along with the drivers and restraints pertaining to the market growth. Increasing awareness about advantages of filament LED bulbs is the major factor driving the growth of the Europe filament LED bulb market. However, common issues faced in filament LED bulbs hinder the growth of Europe filament LED bulb market.

Due to the COVID-19 outbreak, Russia, UK, France, Italy, Spain, and Germany are some of the worst affected member states in the European region. Businesses in the region face severe economic difficulties as they had to suspend their operations or substantially reduce their activities. Due to business lockdowns, travel bans, and supply chain disruptions, the region experienced an economic slowdown in 2020 and, most likely, in 2021. European countries represent a major market for filament LED bulb adoption due to low energy consumption of the bulbs. Since several European countries are in the phase of lockdowns, the adoption of the filament LED bulbs got hampered. Covid-19 first manifested itself in Europe as a “supply-side” shock, as Chinese producers cut their exports dramatically. This impact is expected to continue in the coming weeks. However, following an extraordinary downturn in March and April (-25.5 percent in the EU), construction output rose dynamically in May 2020 (21.8 percent) and continued to rise, though at a slower pace; by January 2021, construction output had recovered 97.9 percent of its pre-crisis level of February 2020. Russia, Italy, Germany, UK, and France filament LED bulb markets are anticipated to decrease until mid-2021.

The market for filament LED bulb market is segmented into product, application and country. Based on product, market is segmented as 0-25-Watt type, 25-40-Watt type. 40-60-Watt type and Above 60-Watt type. In 2020, the 0-25-Watt type segment held the largest share Europe filament LED bulb market. Based on application the market is divided into residential, restaurants, bars, hotels, cafes and homes, others. In 2020, the residential segment held the largest share Europe filament LED bulb market. Based on country, market is segmented as Germany, France, Italy, UK, Russia, Rest of Europe.

Havells India Ltd; MEGAMAN; Feilo Sylvania Europe Limited; UKLED; Verbatim Americas LLC; OSRAM GmbH; Signify Holding (Philips); Seoul Semiconductor Co. Ltd.; Crompton Lamps Ltd are among the leading companies in the Europe filament LED bulb market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2018, Manufactured as energy efficient and cost-effective replacements for traditional incandescent lamps, Verbatim LED S14 Lamps are ideal for use in signage applications. Wet rated and enclosed rated, these LED lamps are ideal for outdoor use as well

Reasons to buy:

  • To understand the Europe filament LED bulb market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for Europe filament LED bulb market
  • Efficiently plan M&A and partnership deals in Europe filament LED bulb market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europe filament LED bulb market
  • Obtain market revenue forecast for market by various segments from 2021-2028 in Europe region
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Crompton Lamps Ltd
  • Havells India Ltd
  • MEGAMAN
  • OSRAM GmbH
  • Signify Holding (Philips)
  • UKLED
  • MORE
1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Filament LED Bulb Market - By Product
1.3.2 Europe Filament LED Bulb Market - By Application
1.3.3 Europe Filament LED Bulb Market - By Country

2. Key Takeaways

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Europe Filament LED Bulb Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe
4.3 Ecosystem Analysis
4.4 Expert Opinion

5. Europe Filament LED Bulb Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Surge in Number of Commercial and Residential Construction Projects
5.1.2 Increasing Awareness About Advantages of Filament LED Bulbs
5.2 Market Restraints
5.2.1 Common Issues Faced in Filament LED Bulbs
5.3 Market Opportunities
5.3.1 Rise in Product Innovations and Launches Coupled with High Expansion Strategies
5.4 Future Trends
5.4.1 Growth in Adoption of Filament LED Bulbs Across Restaurants, Hotels, Bars, and Cafes
5.5 Impact Analysis of Drivers and Restraints

6. Filament LED Bulb Market - Europe Analysis
6.1 Europe Filament LED Bulb Market Overview
6.2 Europe Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)

7. Europe Filament LED Bulb Market Analysis - By Product
7.1 Overview
7.2 Europe Filament LED Bulb Market, By Product (2020 and 2028)
7.3 0-25-Watt Type
7.3.1 Overview
7.3.2 0-25-Watt Type: Europe Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
7.4-40-Watt Type
7.4.1 Overview
7.4.2-40-Watt Type: Europe Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
7.5-60-Watt Type
7.5.1 Overview
7.5.2-60-Watt Type: Europe Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
7.6 Above 60-Watt Type
7.6.1 Overview
7.6.2 Above 60-Watt Type: Europe Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)

8. Europe Filament LED Bulb Market Analysis - By Application
8.1 Overview
8.2 Europe Filament LED Bulb Market, By Application (2020 and 2028)
8.3 Residential
8.3.1 Overview
8.3.2 Residential: Europe Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Restaurants and Bars
8.4.1 Overview
8.4.2 Restaurants and Bars: Europe Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Hotels
8.5.1 Overview
8.5.2 Hotels: Europe Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
8.6 Café
8.6.1 Overview
8.6.2 Café: Europe Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Europe Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)

9. Europe Filament LED Bulb Market - Country Analysis
9.1 Overview
9.1.1 Europe: Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
9.1.2 Europe: Filament LED Bulb Market, by Key Country
9.1.2.1 Germany: Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
9.1.2.1.1 Germany: Filament LED Bulb Market, by Product
9.1.2.1.2 Germany: Filament LED Bulb Market, by Application
9.1.2.2 France: Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
9.1.2.2.1 France: Filament LED Bulb Market, by Product
9.1.2.2.2 France: Filament LED Bulb Market, by Application
9.1.2.3 Italy: Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
9.1.2.3.1 Italy: Filament LED Bulb Market, by Product
9.1.2.3.2 Italy: Filament LED Bulb Market, by Application
9.1.2.4 UK: Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
9.1.2.4.1 UK: Filament LED Bulb Market, by Product
9.1.2.4.2 UK: Filament LED Bulb Market, by Application
9.1.2.5 Russia: Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
9.1.2.5.1 Russia: Filament LED Bulb Market, by Product
9.1.2.5.2 Russia: Filament LED Bulb Market, by Application
9.1.2.6 Rest of Europe: Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
9.1.2.6.1 Rest of Europe: Filament LED Bulb Market, by Product
9.1.2.6.2 Rest of Europe: Filament LED Bulb Market, by Application

10. Impact of COVID-19 Pandemic on Europe Filament LED Bulb Market
10.1 Europe

11. Industry Landscape
11.1 Market Initiative
11.2 New Development

12. Company Profiles
12.1 Crompton Lamps Ltd
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Havells India Ltd.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 MEGAMAN
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Feilo Sylvania Europe Limited
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 UKLED
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Verbatim Americas LLC
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 OSRAM GmbH
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Signify Holding (Philips)
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Seoul Semiconductor Co., Ltd.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments

13. Appendix
13.1 About
13.2 Word Index

List of Tables
Table 1. Europe Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
Table 2. Germany: Filament LED Bulb Market, by Product - Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany: Filament LED Bulb Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 4. France: Filament LED Bulb Market, by Product - Revenue and Forecast to 2028 (US$ Million)
Table 5. France: Filament LED Bulb Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 6. Italy: Filament LED Bulb Market, by Product - Revenue and Forecast to 2028 (US$ Million)
Table 7. Italy: Filament LED Bulb Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 8. UK: Filament LED Bulb Market, by Product - Revenue and Forecast to 2028 (US$ Million)
Table 9. UK: Filament LED Bulb Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 10. Russia: Filament LED Bulb Market, by Product - Revenue and Forecast to 2028 (US$ Million)
Table 11. Russia: Filament LED Bulb Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of Europe: Filament LED Bulb Market, by Product - Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of Europe: Filament LED Bulb Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 14. List of Abbreviation

List of Figures
Figure 1. Europe Filament LED Bulb Market Segmentation
Figure 2. Europe Filament LED Bulb Market Segmentation - By Country
Figure 3. Europe Filament LED Bulb Market Overview
Figure 4. 0-25-Watt Type Product Segment held the Largest Share of Europe Filament LED Bulb Market
Figure 5. Residential Segment held the Largest Share of Europe Filament LED Bulb Market
Figure 6. Germany to Show Great Traction During Forecast Period
Figure 7. Europe: PEST Analysis
Figure 8. Expert Opinion
Figure 9. Europe Filament LED Bulb Market: Impact Analysis of Drivers and Restraints
Figure 10. Europe Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
Figure 11. Europe Filament LED Bulb Market Revenue Share, by Product (2020 and 2028)
Figure 12. 0-25-Watt Type: Europe Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
Figure 13.-40-Watt Type: Europe Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
Figure 14.-60-Watt Type: Europe Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
Figure 15. Above 60-Watt Type: Europe Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
Figure 16. Europe Filament LED Bulb Market Revenue Share, by Application (2020 and 2028)
Figure 17. Residential: Europe Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
Figure 18. Restaurants and Bars: Europe Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
Figure 19. Hotels: Europe Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
Figure 20. Café: Europe Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
Figure 21. Others: Europe Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
Figure 22. Europe: Filament LED Bulb Market - Revenue by Country to 2028 (US$ Million)
Figure 23. Europe: Filament LED Bulb Market Revenue Share, By Key Country (2020 and 2028)
Figure 24. Germany: Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. France: Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
Figure 26. Italy: Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
Figure 27. UK: Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
Figure 28. Russia: Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
Figure 29. Rest of Europe: Filament LED Bulb Market - Revenue and Forecast to 2028 (US$ Million)
Figure 30. Impact of COVID-19 Pandemic in Europe Country Markets
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Crompton Lamps Ltd
  • Feilo Sylvania Europe Limited
  • Havells India Ltd
  • MEGAMAN
  • OSRAM GmbH
  • Seoul Semiconductor Co., Ltd.
  • Signify Holding (Philips)
  • UKLED
  • Verbatim Americas LLC
Note: Product cover images may vary from those shown
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