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The global LED Light Engine market was valued at US$ 23190 million in 2022 and is projected to reach US$ 41820 million by 2029, at a CAGR of 8.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

A light engine is the LED equivalent of a conventional lamp. It normally consists of a LED chip mounted on a circuit board that has electrical and mechanical fixings, meaning it is ready to be fixed in the luminaire. Note that the light engine may not consist of only one chip; it may be an array of 9 or 16, sometimes with a phosphor coating.
This report aims to provide a comprehensive presentation of the global market for LED Light Engine, 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 Light Engine. This report contains market size and forecasts of LED Light Engine in global, including the following market information:

• Global LED Light Engine Market Revenue, 2018-2023, 2024-2030, ($ millions)
• Global LED Light Engine Market Sales, 2018-2023, 2024-2030, (K Units)
• Global top five LED Light Engine companies in 2022 (%)

The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Flexible Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of LED Light Engine include Philips Lighting, OSRAM Licht Group, Fulham, Tridonic, MaxLite, General Electric Company, Thomas Research Products, Fusion Optix and RS Components, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the LED Light Engine 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 Light Engine Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global LED Light Engine Market Segment Percentages, by Type, 2022 (%)

• Flexible
• Rigid

Global LED Light Engine Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global LED Light Engine Market Segment Percentages, by Application, 2022 (%)

• Residential
• Commercial
• Industrial
• Others

Global LED Light Engine Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global LED Light Engine 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 Light Engine revenues in global market, 2018-2023 (Estimated), ($ millions)
• Key companies LED Light Engine revenues share in global market, 2022 (%)
• Key companies LED Light Engine sales in global market, 2018-2023 (Estimated), (K Units)
• Key companies LED Light Engine sales share in global market, 2022 (%)

Key players include:

• Philips Lighting
• OSRAM Licht Group
• Fulham
• Tridonic
• MaxLite
• General Electric Company
• Thomas Research Products
• Fusion Optix
• RS Components
• Zlight Technology
• SORAA
• Zhaga Consortium

Outline of Major Chapters:
Chapter 1: Introduces the definition of LED Light Engine, market overview.
Chapter 2: Global LED Light Engine market size in revenue and volume.
Chapter 3: Detailed analysis of LED Light Engine 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 Light Engine 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 Light Engine 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.