Germany LED Lights Industry Research Report — Ken Research

Ken Research

Due to the significant shift in demand for LED technology with improved features and usage, the need for outdoor LED lighting has historically experienced moderate growth. This is anticipated to accelerate the market's growth throughout the forecast period.

Dominance of Lamps: The lamp accounted for the largest share in 2021. The rising demand for A-type and T-type lamps in residential and commercial sectors helped the lamps segment acquire a significant share of the market throughout the period. The rising demand for advanced lamps such as MR-16 lamps and reflector lamps, especially in retail applications such as small stores, retail shops, and malls, is also expected to help the segment retain dominance.

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Expanding Commercial Sector: The expansion of the local IT and automotive sectors has contributed to the success of Germany's commercial and industrial sector. Additionally, the area has largely recovered from the financial crisis of 2008, and the majority of its affected industries have been seeing consistent development over the years. Since the aforementioned financial crisis, the region's office vacancy rates dropped to their lowest levels in 2021. Over the course of the forecast period, favourable business circumstances and expanding individual economies are anticipated to boost demand for LED lighting in the area.

Favorable Government Role: Government and electricity supply providers worked together to provide commercial businesses with discounted LED lighting. Such partnerships are anticipated to further promote the adoption of LED lighting solutions in the enterprise sector because LED lighting significantly reduces electricity and maintenance costs when compared to conventional technologies like gas discharge lights, incandescent lights, and compact fluorescent lights.

Analysts at Ken Research in their latest publication “Germany LED Market Outlook to 2027F - by End Users (Commercial, Retail, Hospitality, Industrial), Product Type (Lamps and Luminaires), Distribution Channel (Direct Sales, Wholesale).” observed that Germany LED Market is expected to showcase considerable growth in the coming five years. It is anticipated to grow more quickly in the next years owing to the growing consumer awareness about the environment, the durability of these lights and the government mandates for energy efficiency. The LED market in Germany is expected to grow at ~% CAGR over the forecasted

Key Segments Covered in the report

By End Users
Commercial Offices
Retail
Hospitality
Industrial
By Product Type
Lamps
Luminaires
By Distribution Channels
Direct Sale
Wholesale

Key Target Audience

Existing LED Lighting Manufacturers in Germany
New Market Entrants- Domestic OEMs
New Market Entrants- Foreign OEMs
Real Estate Companies
Government Bodies
Investors & Venture Capital Firms
Lighting Equipment Manufacturers and Importers
LED Lighting Retail Chains
Lighting Equipment Distributors
Lighting Equipment Associations

Time Period Captured in the Report:

Historical Period: 2017-2022P
Base Period: 2022P
Forecast Period: 2022P-2027F

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Companies Covered:

Eglo
Ledvance
Bega
Eaton
Dialight
ShineLong
MBN PROLED

Key Topics Covered in the Report

Germany LED Market Overview
Germany LED Market Segmentation
Ecosystem and Business Cycle of Germany LED Market
Market Share of Major Players in Germany LED Market
Competition Scenario of Germany LED Market
Industry Analysis of Germany LED Market
Value Chain of Germany LED Market
Key Growth Drivers in Germany LED Market
End User Analysis of Germany LED Market
Key Challenges of Germany LED Market
SWOT Analysis of Germany LED Industry
Future Outlook of Germany LED Market
Trends and Development of Germany LED Market
Analyst Recommendations
Research Methodology

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Germany LED Lights Market

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The LED lighting market in Germany is likely to continue to profit from the trend. Analysts at Ken Research in their latest publication “Germany LED Market Outlook to 2027F - by End Users (Commercial, Retail, Hospitality, Industrial), Product Type (Lamps and Luminaires), Distribution Channel (Direct Sales, Wholesale). ” observed that Germany LED Market is expected to showcase considerable growth in the coming five years. The LED market in Germany is expected to grow at ~% CAGR over the forecasted period 2022-2027F. Key Segments Covered in the reportBy End Users Commercial OfficesRetailHospitalityIndustrialBy Product TypeLampsLuminairesBy Distribution Channels Direct SaleWholesaleKey Target AudienceExisting LED Lighting Manufacturers in GermanyNew Market Entrants- Domestic OEMsNew Market Entrants- Foreign OEMsReal Estate CompaniesGovernment BodiesInvestors & Venture Capital FirmsLighting Equipment Manufacturers and ImportersLED Lighting Retail ChainsLighting Equipment DistributorsLighting Equipment AssociationsTime Period Captured in the Report:Historical Period: 2017-2022PBase Period: 2022PForecast Period: 2022P-2027FCompanies Covered:EgloLedvanceBegaEatonDialightShineLongMBN PROLEDVisit This link Request for Custom ReportKey Topics Covered in the ReportGermany LED Market OverviewGermany LED Market SegmentationEcosystem and Business Cycle of Germany LED MarketMarket Share of Major Players in Germany LED MarketCompetition Scenario of Germany LED MarketIndustry Analysis of Germany LED MarketValue Chain of Germany LED MarketKey Growth Drivers in Germany LED MarketEnd User Analysis of Germany LED MarketKey Challenges of Germany LED MarketSWOT Analysis of Germany LED IndustryFuture Outlook of Germany LED MarketTrends and Development of Germany LED MarketAnalyst RecommendationsResearch MethodologyFor more insights on the market intelligence, refer to the link below:-Germany LED Lights MarketRelated Reports By Ken Research:Global LED Lighting Market Outlook to 2025Saudi Arabia LED Lighting Market Outlook to 2023UAE LED Lighting Market Outlook to 2023Follow us:-Facebook | LinkedIn | Twitter

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