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LED Light Bar Market

Market Study on LED Light Bars: With an Increasing Demand for Energy-efficient Lighting Solutions Across Automotive, Off-road, Marine, and Industrial Applications, PMR Anticipates Numerous Opportunities on the Horizon

A Detailed Analysis of the LED Light Bar Market Driven by the Rapid Expansion of the Automotive Sector, Technological Advancements in LED Lighting, and Drive for Energy Efficiency

LED Light Bar Market

The global LED light bar market is forecasted to expand at a CAGR of 5.7% and thereby increase from a value of US$ 1.1 Bn in 2023 to US$ 1.6 Bn by the end of 2030.

Attributes

Key Insights

LED Light Bar Market Size (2023E)

US$ 1.1 Bn

Projected Market Value (2030F)

US$ 1.6 Bn

Global Market Growth Rate (CAGR 2023 to 2030)

5.7%

Historical Market Growth Rate (CAGR 2018 to 2022)

5.5%

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Market Introduction and Definition

LED light bars emit more light per wattage than conventional types of lights. Light bars have efficiency and intensity that are independent of their size and shape, unlike fluorescent light bars or tubes. Therefore, LED light bars are usually used to replace off-road light bars. Additionally visible is the efficacy of the light during the on and off phases of the light bar. Less than a microsecond is needed for LED light bars to reach their highest brightness. The purpose of LED bar lights on emergency vehicles, like fire engines, police cars, and ambulances, is to warn oncoming drivers. These LED lights come in yellow, green, red, and orange hues in addition to almost every other color as well. Moreover, the flooring of huge vehicles is equipped with LED light bars that enhance the interior's exclusivity. Light bars made of LEDs use less energy and last longer.

The automobile aftermarket industry makes extensive use of LED light bars. In addition, the market should benefit from the expansion of trade, mining, and building activity. With growing rivalry among established businesses and the emergence of new ones, the automotive aftermarket is expanding its reach globally. Advanced automotive technologies in the areas of safety, comfort, and powertrain have already attracted players from the locomotive aftermarket of developed economies. This aspect contributes to the market expansion for LED light bars. In addition, it is anticipated that a rise in trade, mining, and building will lead to ongoing infrastructure development and the need for additional light bars, which will benefit the market.

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Market Growth Drivers

Increasing Interest in Off-road Vehicles

One major factor driving the LED light bar industry is the increasing demand for off-road vehicles. A growing number of off-road enthusiasts—those who participate in sports such as rock crawling, trail riding, and dune bashing—understand the significance of improved vision in difficult terrain and low light. With their strong lighting and adaptability, LED light bars have grown in popularity as an off-road vehicle component. Additionally, these light bars combine a wider field of illumination with long-range visibility, which is essential for negotiating rough terrain and coming across obstacles when going off-road.

Light bars are a good fit for the rough terrain that off-road vehicles frequently encounter because of the resilience and shock-resistant qualities of LED technology. In addition, the off-road community's preference for aftermarket modifications and customization fuels the growing need for LED light bars. Fans want their cars to have a unique visual appeal in addition to better visibility. Because LED light bars are available in a variety of sizes and shapes, off-road vehicle parts can be installed in inventive and useful ways.

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Market Restraints

Initial High Cost of LED Light Bars

One significant barrier to entry in the LED light bar market is the high initial cost, which affects both consumers and businesses thinking about using these lighting solutions. Compared to more conventional lighting solutions like halogen or incandescent lights, the initial cost of buying and installing LED light bars is frequently higher. Particularly in price-sensitive markets, this upfront outlay may put off customers or organizations on a tight budget.

Additionally, even though LED light bars have a longer lifespan and save energy, some customers can view the initial cost as a deterrent without fully appreciating the long-term advantages. Changing this impression requires consistently communicating the benefits of lower maintenance costs and energy bills. Moreover, budgetary difficulties may arise for businesses, particularly small ones, when contemplating extensive LED light bar installations. For business enterprises, the initial cost of retrofitting existing lighting systems might play a big role in their decision-making.

Significant Quality Issues

In the LED light bar market, quality issues are a major market barrier that provides difficulties for both producers and buyers. The market may contain fake or inferior LED light bars. These products might not meet quality requirements, which could result in problems like subpar performance, shortened lifespans, and safety risks.

Customers may unintentionally buy inferior goods, which could affect their confidence in the general dependability of LED technology. Furthermore, inconsistent product quality may arise from disparate manufacturing standards among various producers and geographical areas. Different quality control methods can result in variations in LED light bars' overall performance, brightness, and longevity.

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Opportunities

Increasing Government Efforts Towards Sustainable and Energy-efficient Solutions

Globally, numerous governments have initiated the phase-out of conventional incandescent and halogen light bulbs to encourage the use of LED light bars and other environmentally friendly lighting alternatives. The governments of nations with dense populations, such as China, and India, have already begun to implement programs that involve swapping out outdated lighting fixtures for LED light bars.

To raise public awareness of the advantages of LED light bars, the government has also begun to provide incentives to residents in the form of tax breaks and subsidies. Moreover, governments are setting an example by installing LED light bars in a variety of locations, such as public parks, roadway lighting, trains, buses, and city lights. The global market for LED light bars will undoubtedly develop in the upcoming years due to this expanding demand.

Analyst’s Viewpoint

The LED light bar market is expected to experience significant growth and transformation. The market for LED light bars is expanding thanks to a strong number of elements that encourage people to use this adaptable and energy-efficient lighting alternative. The extraordinary energy efficiency of LED technology, which significantly lowers power usage and is in line with the global push for sustainability and energy savings, is the driving force behind its rise. Furthermore, because of their long lifespan and resilience, LED light bars are highly valued in harsh settings and applications requiring frequent maintenance.

Off-road vehicles, maritime vessels, and industrial equipment are among the circumstances where their adoption is necessary due to their exceptional brightness and performance. Moreover, the industry is growing as a result of environmental concerns and laws that support energy-efficient lighting solutions. Since consumers want better visibility for off-roading and nocturnal excursions, the LED light bar market has benefited from trends in off-roading, outdoor activities, and recreational vehicles. In addition, their significance goes to applications involving boats and maritime environments, where durability and resistance to corrosion are critical.

Supply-side Dynamics

The market for LED light bars depends on a network of suppliers, manufacturers, and technology developers for its supply side. The firms that specialize in optics, heat sinks, and control systems, together with LED chip makers that supply the light-emitting diodes, are essential components—manufacturers source materials from different parts of the world, creating a global supply chain. One important centre for LED manufacture, for example, is China. Furthermore, ongoing research and development projects are what propel technological improvements in LED chip efficiency, color accuracy, and smart features. Businesses make investments to raise the efficiency and affordability of LED components in order to maintain their competitiveness.

In addition, Chinese producers are well-known for offering a broad selection of LED goods, including light bars, at different pricing points. The nation possesses a strong manufacturing base, a substantial labour pool, and essential resources required for the manufacture of LEDs. China has been a prominent supplier due in large part to the concentration of LED manufacture in the nation. Numerous Chinese businesses control a large portion of the LED market, satisfying both domestic and foreign demand while also contributing to the global supply chain.

Market Segmentation

Which Configuration is Anticipated to Lead the Way in Global Market?

Demand for Single-Row Configurations Soars High for Ability to Fit into Limited Spaces

The single row category dominated the market. Single-row LED light bars are the go-to option in sectors requiring extreme precision because of their small size and ability to fit into confined locations. Single-row LED light bars are thought to produce less wind resistance in the automobile industry, which lowers the overall drag of fast cars. Since the car industry's complete collapse during the epidemic, it has been gradually recovering. As a result, the market for LED light bars is expected to grow significantly in the near future. LED light bars can withstand harsher weather conditions better than traditional lighting choices. In the long run, they can withstand stronger winds and temperatures because they are typically waterproof.

Moreover, the double row category is anticipated to grow at a significant rate in the forecast period, ascribed to its improved lighting properties and rising demand across a range of applications. Compared to their single-row predecessors, double row LED light bars produce more light density since they have two rows of LED chips. Because of their higher brightness, double row LED light bars are a good choice for applications requiring a brighter, more expansive illumination. This is especially useful for outdoor activities, industrial situations, and off-road vehicles.

Which Beam Pattern is the Primary Target for Installations?

Prospects of Combo Lights Highest as Adoption by Construction Industry Heightens

The combo lights category dominated the LED light bar market in 2022 because of its flexible design and use. Combining various LED light types—like floodlights and spotlights—into one enclosure is common for combo lights. With this arrangement, users can take advantage of both concentrated intensity and broad lighting, which is appropriate for a variety of uses. In addition, combination lights are also in demand for purposes other than autos. Applications for these lights include construction, agriculture, and general outdoor illumination, where it is useful to have both concentrated brightness and wide coverage.

Moreover, the flood category will grow at a substantial rate in the forecast period. Landscapes, gardens, and facades all make extensive use of flood LED light bars for outdoor lighting. This category has grown because of its popularity in architectural applications because of its uniform and wide-ranging illumination. Additionally, flood LED light bars are prized in commercial and industrial applications for their ability to illuminate wide regions efficiently. Places like warehouses, building sites, and security lights drive demand in the business sector.

Which is the Steering Application Area?

Automotive Applications Hold a Dominant Share, Especially Due to Off-road Vehicles

In 2022, the automotive category led the market. Because of their energy economy, robustness, and adaptability, LED light bars are being utilized more and more in vehicle lighting applications. LED light bars have been incorporated into off-road vehicles, trucks, and even ordinary passenger cars for a variety of uses, including better nighttime driving vision, off-road excursions, and aesthetic improvements. Customers who want their vehicles to look more contemporary and fashionable and to perform better in terms of illumination are the ones driving demand. The rise of LED light bars in the automotive industry has also been aided by regulatory developments that support the use of energy-efficient lighting systems in cars.

On the other hand, throughout the projected period, the events & shows segment is expected to increase significantly. LED light bars are becoming a popular choice for dynamic and immersive lighting arrangements in entertainment venues and event organizers. These bars are adaptable, enabling imaginative lighting schemes that improve the entire visual experience of performances, events, and concerts. Additionally, LED light bars are preferred because of their capacity to generate vivid colours, react instantly to music, and offer eye-catching visual effects. The need for advanced lighting solutions is growing as a result of the entertainment industry's trend towards more interactive and visually appealing experiences.

Which Power Rating will Contribute the Most to Market Revenue?

The 201-300w Category Dominates Sales with Increased Commercial Applications

The 201-300W category dominated the market in 2022. Technological advances and increasing applications are two factors driving the growth of the 201-300W category in the LED light bar market. Higher lighting levels are necessary in commercial, industrial, and outdoor environments; these settings are common uses for LED light bars in the 201-300W range. Strong lighting solutions are frequently needed in commercial and industrial settings, and the 201-300W category satisfies these needs. Large retail locations, manufacturing complexes, and warehouses fall under this category. Furthermore, parking lots, street lights, and sports arenas are among the outdoor uses that can benefit from the greater wattage range. This variety of LED light bars illuminates huge areas evenly and brightly.

Moreover, the 101-200W stores category held a significant share of the market. This wattage range is good for situations that need for a more intense or wider illumination because it is frequently linked to higher brightness levels. Large warehouses, production plants, and outdoor areas are just a few examples of commercial and industrial environments where the 101-200W category is frequently utilized. Higher-wattage LED light bar alternatives are more appealing due to continuous developments in LED technology, which also include increased durability and efficiency.

Top Regional Markets

South Asia, and Oceania Maintain Pre-eminent Positions, Driven by Rapid Consumer Shift Towards Sustainability

Throughout the forecast period, South Asia, and Oceania is anticipated to maintain its dominant position in the LED light bar market as the region's customers shift to more efficient and environmentally friendly products. The government's various incentives and investments in the automotive and construction sectors, in particular, are likely to propel the LED light bar market's significant growth despite the recession in these industries. It is anticipated that these elements will support the market expansion for LED light bars.

Furthermore, the large populations of China, and India have led to a rise in government projects, including highways, airports, and renewable energy initiatives. Given that many construction tools, medium- and heavy-duty vehicles, and other vehicles are equipped with LED light bars, it is anticipated that these projects will increase demand for LED light bars. This is, therefore, anticipated to have a favourable effect on the expansion of the LED light bar market in the area.

In addition, India has experienced rapid and extensive urbanization in recent years, which has resulted in the development of initiatives like smart cities, metro lines, bullet train corridors, and rural illumination. In India, the need for LED light bars has grown dramatically as a result of these developments. Under its flagship Unnat Jyoti by Affordable LEDs for All (UJALA) program, the government is also giving away free LED lights.

Manufacturers in North America Benefit from Expanding Smart Home Trends

North America LED light bar market is expected to grow at a significant rate over the forecast period. The use of LED lighting solutions, such as light bars, has increased due to growing awareness of sustainability and energy efficiency. This is because LED lighting has longer lifespans than traditional lighting and uses less energy. Additionally, as consumers in North America seek out linked and personalized lighting solutions, the smart home trend has also helped the growth of the market. The attractiveness of LED light bars is further increased by their integration with voice assistants and smart home ecosystems. Moreover, the region has embraced LED technology more quickly as a result of government programs encouraging energy-efficient lighting and the phase-out of incandescent bulbs.

The market for LED light bars is also predicted to expand in North America because of a combination of ongoing innovation and consumer desires for intelligent and energy-efficient lighting solutions. An understanding of the changing needs of customers in this industry can be gained by keeping an eye on trends in sustainable practices, entertainment, and home automation. Furthermore, the United States has a long-standing automotive tradition that frequently involves personalizing cars and motorcycles to suit individual tastes. Riding enthusiasts can greatly improve the appearance of their vehicles by installing LED light bars in a variety of colors and beam patterns.

Competitive Intelligence and Business Strategy

There are numerous companies in the global market, like Philips, HEISE LED lighting systems, Hubbell Lighting, Larson Electronics, Cree, Eaton, and others, that are globally present and are always searching for technical breakthroughs in the same industry, meaning that the rivalry landscape in the LED light bar market is not monopolized. Nowadays, it's popular in the market to integrate LED light bars with smart devices and Al. Furthermore, numerous firms that concentrate on specialized markets or distinctive product attributes are also flooding the industry. Sustainability and environmental responsibility are important priorities for these emerging businesses. For the purpose of growing their clientele, LED light bar producers are now concentrating on other prospective markets, including outdoor recreation, agriculture, and construction.

Moreover, to increase their global visibility, companies in the LED Light Bars industry are increasingly more involved in launching strategies like CSR initiatives and targeted marketing. One striking tendency that is evident in all of these organizations is that they now want to manage a certain business-related activity in a nation with advantageous rules. In order to increase their customer bases, a number of significant market participants in the global LED light bars industry are currently concentrating more on establishing successful joint ventures, acquisitions, and collaborations. By doing this, businesses will be able to serve their target audiences both locally and globally, which will increase their specified target bases. This factor, along with promising opportunities coming from developing Asia-Pacific countries like China, Taiwan, Indonesia, India, and so on, is expected to cause a boom in commercial opportunities for interested parties throughout this projected period.

Key Recent Developments

New Product Launch

In September 2023, the gaming business Logitech introduced a new LED lighting bar designed specifically for gamers and content makers. The system comes with these light bars as well as headphones and a microphone. With responsive illumination, Logitech's new light bars aim to provide gamers with an immersive experience.

Market Impact: The gaming industry's emphasis on immersive experiences is reflected in Logitech's launch of LED lighting bars designed specifically for players and content creators. This invention may expand the market for LED light bars by filling a void in the gaming industry and generating demand for setups with responsive lighting. Pricing, performance, and customer adoption are some of the aspects that determine the overall impact on market growth. Furthermore, the fact that Logitech is built in a microphone and headphones implies a thorough approach to improving gaming and content creation sets. This packaged deal may draw in more customers and help the LED light bar business as a whole.

(Source: Logitech)

In November 2022, a Toronto-based startup called Nanoleaf debuted a new line of LED light bars that have real-time music response. These LED light sets can be integrated with speech recognition systems to create smart home settings. To create a movie theater atmosphere, the lights can also mimic the hue of the TV or monitor.

Market Impact: The market for LED light bars may be greatly impacted by Nanoleaf's cutting-edge light bars, which include real-time music response and speech recognition integrated into smart home settings. Growing customer needs for immersive experiences are met by emphasizing dynamic elements like music synchronization and ambient lighting for a movie theater environment. Customers looking for interactive and adaptable lighting solutions for their homes may be drawn to this distinctive product offering, which could lead to market expansion. It will be possible to determine the long-term effects on the LED light bar industry by keeping an eye on customer acceptance and market trends.

(Source: MobileSyrup)

LED Light Bar Market Report Scope

Attribute

Details

Forecast Period

2023 to 2030

Historical Data Available for

2018 to 2022

Market Analysis

US$ Million for Value

Key Regions Covered

  • North America
  • Latin America
  • Europe
  • South Asia & Oceania
  • East Asia
  • The Middle East & Africa

Key Countries Covered

  • United States
  • Canada
  • Germany
  • United Kingdom
  • France
  • Italy
  • Spain
  • Russia
  • China
  • Japan
  • South Korea
  • India
  • Thailand
  • Malaysia
  • Indonesia
  • Australia
  • New Zealand
  • GCC Countries
  • South Africa

Key Market Segments Covered

  • Configuration
  • Beam Pattern
  • Application
  • Power Rating
  • Region

Key Companies Profiled

  • Osram
  • Philips
  • Cree
  • Eaton
  • Rigid Industries
  • KC HiLiTES
  • HEISE LED lighting systems
  • Hubbell Lighting
  • Larson Electronics
  • Baja Designs
  • Others

Report Coverage

  • Market Forecast
  • Company Share Analysis
  • Competition Intelligence
  • DROT Analysis
  • Market Dynamics and Challenges
  • Strategic Growth Initiatives

Customization & Pricing

Available upon request

LED Light Bar Market Research Segmentation

By Configuration:

  • Single row
  • Double row
  • Triple row
  • Quad row

By Beam Pattern:

  • Flood
  • Spot
  • Combo Lights

By Application:

  • Events & shows
  • Automotive
  • Restaurants and bars
  • Charter and boats

By Power Rating:

  • Below 100W
  • 101-200W
  • 201-300W
  • Above 300W

By Region:

  • North America
  • Europe
  • East Asia
  • South Asia & Oceania
  • Latin America
  • Middle East & Africa

- Companies Covered in This Report -

  • Osram
  • Philips
  • Cree
  • Eaton
  • Rigid Industries
  • KC HiLiTES
  • HEISE LED lighting systems
  • Hubbell Lighting
  • Larson Electronics
  • Baja Designs
  • Others

- Frequently Asked Questions -

The global LED light bar market is anticipated to grow at a CAGR of 5.7% during the projected period.

The global LED light bar market size was valued at US$1.1 billion in 2023.

The US held the largest market revenue share in 2023.

Some of the prominent players in this market are Philips, HEISE LED lighting systems, Larson Electronics, Cree, Hubbell Lighting, and Eaton.

The mid-range segment leads the global LED light bar market.

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