Report overview
A LED retrofit is the process of adding new technology or features to an existing system.
This report aims to provide a comprehensive presentation of the global market for LED Retrofit, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding LED Retrofit. This report contains market size and forecasts of LED Retrofit in global, including the following market information:
Global LED Retrofit Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global LED Retrofit Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five LED Retrofit companies in 2022 (%)
The global LED Retrofit market was valued at US$ 3815.3 million in 2022 and is projected to reach US$ 5498.5 million by 2029, at a CAGR of 5.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global LED Retrofit key players include Signify N.V., GE Lighting, Acuity Brands, Inc, etc. Global top three manufacturers hold a share about 35%.
North America is the largest market, with a share about 45%, followed by Europe and China, both have a share about 40 percent.
In terms of product, Non-dimmable is the largest segment, with a share about 75%. And in terms of application, the largest application is Commercial, followed by Industrial.
We surveyed the LED Retrofit manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global LED Retrofit Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global LED Retrofit Market Segment Percentages, by Type, 2022 (%)
Dimmable
Non-dimmable
Global LED Retrofit Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global LED Retrofit Market Segment Percentages, by Application, 2022 (%)
Residential
Commercial
Industrial
Global LED Retrofit Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global LED Retrofit Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies LED Retrofit revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies LED Retrofit revenues share in global market, 2022 (%)
Key companies LED Retrofit sales in global market, 2018-2023 (Estimated), (K Units)
Key companies LED Retrofit sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Signify N.V.
GE Lighting
Acuity Brands, Inc
OSRAM Licht Group
Eaton
Cree, Inc
Zumtobel
Hubbell Incorporated
LSI Lighting
Technical Consumer Products (TCP)
Light Efficient Designs
Howard Lighting
MaxLite
RAB Lighting Inc
American Lighting
Green Creative
Outline of Major Chapters:
Chapter 1: Introduces the definition of LED Retrofit, market overview.
Chapter 2: Global LED Retrofit market size in revenue and volume.
Chapter 3: Detailed analysis of LED Retrofit manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of LED Retrofit in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: 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 8: Global LED Retrofit capacity by region & country.
Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
