Industry and News Flex LED Strip Lights Market | Page 2

Driving factors responsible for the growth of flex LED strip lights market include commercial
significance of LED strip lights. The market is also driven by growth in outdoor events and demand
for fancy lighting. Moreover, features and benefits offered by flex LED strip lights enable potential
opportunities in the local and national market of respective regions. Based on segmentation by
application, the flex LED strip lights includes commercial and residential. Residential segment
dominates the market growth in the forthcoming period. Based on segmentation by type, the flex
LED strip lights includes 5050 and 3528.
Geographically, flex LED strip lights market spans North America, Latin America, Europe, Asia-Pacific,
Middle-East and Africa. APAC market is also expected to gain positive traction owing to large pool of
customers and growth in outdoor events. North America and Europe market is also expected to gain
a significant CAGR growth owing to rising demand for LED flex strip light for residential purpose.
Middle-East regions also account for significant growth owing to rise in commercial significance.
African regions however are expected to witness a moderate CAGR growth in the forthcoming
period. The key players in the flex LED strip lights market include Jiasheng Technology, Osram, Forge
Europa, Sidon Lighting, Philips, OML Technology, Optek Electronics, NVC Lighting Opple, Ledtronics,
PAK and FSL.
Request Sample Copy of this Market Research @
https://www.millioninsights.com/industry-reports/flex-led-strip-lights-market/request-sample
Market Segment:
Geographically, this report is segmented into several key Regions, with production, consumption,
revenue (million USD), market share and growth rate of Flex LED Strip Lights in these regions,
from 2013 to 2025 (forecast), covering
• North America
• Europe
• China