A table lamp is a small electric lamp that stands on a table. Increasing demand for LED table lamps due to its energy-efficiency as they consume 80% less power than incandescent lamps. Additionally, LED lamps have greater durability and can last up to 40 times longer than incandescent lamps. Growing demand for energy-efficient and sustainable lighting systems is the key driving factor for the LED table lamps market growth. Moreover, the growing usage of advanced lighting systems to enhance home decor is also fueling the LED table lamps market in the coming years.
MARKET DYNAMICS
The rising popularity of smart homes, especially in developing economies such as India, China, Japan, Brazil, and others, is propelling the product demand that anticipates the growth of the LED table lamps market. Further, a rise in disposable income, improvement in the living standards, growing spending on luxury, comfort, and lifestyle products is rising demand for energy-efficient, lightweight, and durable home decor products, which are expected to influence the LED table lamps market growth.
MARKET SCOPE
The "Global LED Table Lamps Market Analysis to 2028" is a specialized and in-depth study of the LED table lamps industry with a special focus on the global market trend analysis. The report aims to provide an overview LED table lamps market with detailed market segmentation as product, application, distribution channel, and geography. The global LED table lamps market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading LED table lamps market players and offers key trends and opportunities in the LED table lamps market.
MARKET SEGMENTATION
The global LED table lamps market is segmented on the basis of product, application, distribution channel. On the basis of product the market is segmented as reading lamp, decorative lamp. On the basis of application the market is segmented as household, commercial. On the basis of distribution channel the market is segmented as offline, online.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global LED table lamps market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The LED table lamps market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting LED table lamps market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the LED table lamps market in these regions.
MARKET PLAYERS
The reports cover key developments in the LED table lamps market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from LED table lamps market are anticipated to lucrative growth opportunities in the future with the rising demand for LED table lamps in the global market. Below mentioned is the list of few companies engaged in the LED table lamps market.
The report also includes the profiles of key LED table lamps companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
Ingo Maurer GmbH
Inter IKEA Systems B.V
Jamie Young Co.
Koninklijke Philips N.V.
Ningbo Liang Liang Lighting Factory
OPPLE Lighting Co., Ltd
Panasonic Corporation
Shenzhen Redsun Electronics Co., Ltd
Syska
Zhongshan Huayi Lighting Co., Ltd.
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