LED Light Bar Market

LED Light Bar Market Outlook for (2023 to 2033)

The global market revenue for the LED light bar market is anticipated to reach USD 1,669.6 million by 2033, with a modest CAGR of 4.9% over the forecast period. The market is valued at USD 1,034.8 million in 2023.

Key Market Highlights

LED Light Bar to Surge as the EV Industry Experiences Tremendous Growth

Over 10 million electric cars were sold in 2022, with one in every 10 commercial cars sold in 2023 being pure-battery electric vehicles. As these numbers continue to grow, the LED light bar market has been growing significantly in recent years. LED light bars are used in almost all vehicles running on the road such as trucks, SUVs, sedans, family cars, and off-road jeeps.

Heavy-duty vehicles and trucks, used as goods carriers, are installed with LED light bars to enhance their visibility and make the vehicle look aesthetic. It is also used in emergency vehicles such as ambulances, fire trucks, police cars, and coast guard boats. LED light bars are powerful and provide more luminescence as compared to conventional ones.

Government Supports LED Light Bars for the Promotion of Efficient Lighting Solutions

Many governments across the world have started the gradual phasing out of traditional incandescent and halogen bulbs to promote eco-friendly lighting solutions, which include LED light bars. Governments of countries with high-density populations like India and China have already started initiatives that include the replacement of old, used lighting products with LED light bars.

Many governments have also started offering incentives in the form of subsidies and tax discounts to the citizens to make them more aware about the benefits of LED light bars. To set an example, governments are implementing LED light bars in various areas like trains, buses, city lights, public parks, road lights, etc. This growing trend toward LED light bars will surely expand the global market size in the years to come.

Attributes	Key Statistics
LED Light Bar Market Value (2023)	USD 1,034.8 Million
Anticipated Market Value (2033)	USD 1,669.6 Million
Value-based CAGR (2023 to 2033)	4.9%

Historical Sales Analysis Vs. Demand Forecast

The valuation of the LED light bar market was USD 988 million in 2022. The growth of the market in the historical period is attributed to the increasing use of LED bar lights in industries and commercial spaces.

Historical Market Value, 2022	USD 988 million

The market is expected to grow over the forecast period at a CAGR of 4.9% and reach a value of USD 1,669.6 million by 2033 owing to technological advancements.

Consumption Analysis of the LED Light Bar Market

• The construction industry uses LED light bars to improve visibility in poorly lit areas. They are installed on heavy-duty cranes, power drills, utility vehicles, and construction lifts for increased visibility.
• LED lights are also used in digital LED billboards, as they are significantly bright and provide an excellent spectrum of colors during the day. The use of LED light bars also helps advertisers use color images, videos, and animations.
• LED light bars are widely used in the marine industry for their long visibility, water-resistant capability, and ability to sustain harsh environments. They are also installed on decks, fishing nets, lighthouses, and ports for enhanced operational activities.
• It is also used extensively in agricultural tractors, collectors, and large-scale harvesters. It is also used on fences and borders to mark exclusive boundaries.
• LED light bars are also used for recreational entertainment purposes. They are integrated with AI to produce creative lighting effects often projected on famous buildings, statues, and monuments.
• It is also used in commercial buildings like supermarkets, apartments, malls, and restaurants due to its high efficiency and bright luminosity. These lights also have a relatively longer lifespan compared to their counterparts.

Factors Driving the Expansion LED Light Bar Market

• High Luminosity: The LED light bar provides a premium, evenly distributed and brighter light as compared to the traditional halogen and incandescent lights. Owing to these capabilities they are widely being used in the automotive sector, which is a major contributor to the overall revenue growth of LED lights bar market.
• Technological Integration: There is also a surge in the demand of smart LED Light bars which can be connected to smart devices and operated accordingly. The added convenience coupled with other facilities like brightness adjustments, color change, and trendy patterns are some of the major driving factors.
• Longevity: LED light bars are way more durable than halogen and incandescent lighting products which can save a lot of replacement costs. Hence, businesses opt for LED light bars in exterior as well as interior lighting. They are also manufactured to withstand extreme temperatures, vibrations, and moisture.
• Environmental Awareness: With more people becoming increasingly aware of the benefits of LED bar lights and their effect on the environment, optimistic results are observed in the LED bar lights market.

Factors Adversely Affecting the LED Light Bar Market

• Expensive Pricing: Though LED light bars provide long durability, low maintenance cost, and large-scale energy savings in the long term, their initial installation cost is very high. This leads to the reluctance of small-scale business owners to choose LED bar lights for their units affecting the global market.
• Cheap Alternatives: Price-sensitive consumers prefer cheaper lighting products like halogen lights, which are relatively affordable than LED light bars. The growing prevalence of low-quality, substandard products is one of the main reasons for the decline in revenue of the LED light bar market.
• Replacement Costs: Retrofitting traditional lighting products is usually very expensive. Although government initiatives to endorse LED light bars are in full swing, the disposal of old, used lights is a major concern among industries, in mostly underdeveloped countries.

Category-wise Outlook

Single-row LED Light Bars Gain Impetus Amidst Growing Automotive Sector

Configuration-wise, the LED light bar market is segmented into single, double, triple, and quad-row LED lights. These various types of LED light bars find applications in a wide range of industries. Single-row LED light bars are the most preferred ones due to their high versatility, ease of installation, and compact design. They hold a revenue share of 53.3% of the global LED light bar market.

Top Configuration	Single-row
Market share	53.3%

Single-row LED light bars have a compact size and can be installed in tight spaces, which makes them the preferred choice in industries that require high precision. In the automotive sector, single-row LED light bars are considered to provide reduced wind resistance, which decreases the overall drag of high-speed cars. The automotive industry is slowly picking up pace since its total downfall in the pandemic. With this, the LED light bar market is set to foresee a significant rise in the coming future.

Compared to the other lighting options, LED light bars are more resistant to harsh weather conditions. They are usually waterproof and can sustain higher temperatures and winds in the long run. These lights are usually customizable in terms of color, intensity, and beam patterns, which makes them more appealing in the advertising industry.

High Preference for Flood-Beam LED Light Bars in the Lighting Industry

On the basis of beam pattern, the LED light bar market is segmented into flood, spot, and combo lights. Flood-beam LED light bars are designed to project a diffused beam of light that can light up a wide area and provide great visibility in poorly lit conditions. The global revenue share of flood beam pattern lights in the LED bar market is 18.5%. This type of lighting is used in outdoor as well as indoor spaces for better illumination.

Top Beam Pattern	Flood
Market share	18.5%

Flood beam LED bars also provide a very soothing glare, which is very safe for the eyes. This is essential in factory units and shop floors, where people are exposed to continuous lighting for a long period of time. Low-glare lights are also used in foggy, dusty, or snowy conditions, which can help automobiles enhance visibility on highways in mountainous regions. Flood lights are also used in agricultural fields, where the main focus is on illuminating a broad area to perform operations more efficiently.

The outdoor applications of flood beam LED lights are one of the main reasons why they are most preferred in various industries. Stadiums and outdoor event venues that require a high-intensity but equally distributed lighting effect choose flood-patterned LED light bars. It is also used in the film and drama industries as they provide more comforting lighting, which improves the viewing experience of the audience.

Region/Country-wise Outlook

Regions/Countries	Market Share (2023)
Europe	18.9%
North America	18.1%
United States	16.7%
China	15.8%
India	7.6%

Industries Drive Demand for High-Quality Lighting Solutions in Europe

Being the world’s largest industrial hub, the European region is the largest consumer of LED light bars, with a revenue share of 18.9% of the global LED bar market. The region also has a strong automotive sector that uses these lights, especially single-row LED bars in almost every automobile.

As awareness regarding the benefits of LED light bars continues to surge, business owners and individuals are seen to be more inclined to choose LED lighting options over traditional alternatives.

High Standards for Energy Efficiency in North America Fuel the LED Light Bar Market

Many municipalities in this region have stringent regulations when it comes to environmental and sustainable lighting solutions, encouraging residents and business owners to implement LED lights. The government has also provided subsidies to both the manufacturers and the users of LED lighting bars.

LED light bars are also used in state safety vehicles like police cars, fire trucks, marine patrol boats, and now even drones. LED lights are also used in all public vehicles, like metros, buses, and government buildings and offices.

Age-old Automotive Culture in the United States Stimulates Sales of LED Light Bars

The United States has an age-old automotive culture that often includes customization of motorcycles and automobiles as per individual preferences. Riding enthusiasts often install LED light bars of various colors and beam patterns to make their vehicles look significantly better.

China Becomes One of the Leading Manufacturing Hubs for LED Lights

China is one of the largest manufacturers of LED lights in the world. This has resulted in the easy accessibility of LED light bars for various industries and applications. This easy availability and increased competition among leading players have made LED light bars more affordable for individuals as well as industries.

Rapid urbanization in India leads to the Expansion of the LED Light Bar Market

In recent years, India has gone through a robust and comprehensive urbanization, leading to the creation of projects like smart cities, metro lines, bullet train corridors, and rural lighting. These projects have significantly increased the demand for LED light bars in India. The government is also distributing free LED lights under their flagship Unnat Jyoti by Affordable LEDs for All (UJALA) scheme.

Competitive Landscape in the LED Light Bar Market

The competition landscape in the LED light bar market is not monopolized, as there are several companies in the international market that have a global presence and are constantly looking for technological advancements in the same field. Integrating LED light bars with AI and smart devices is currently trending in the market.

There is also an influx of several startups in the market that are focused on niche applications or unique product features. These new companies place a strong emphasis on sustainability and environmental responsibility. LED light bar manufacturers are also focusing on other potential industries like construction, agriculture, and outdoor recreation to expand their customer base.

Recent Developments in the LED Light Bar Market

• In November 2022, Nanoleaf, a Toronto-based company, launched its new series of LED light bars that can react to music in real-time. These sets of LED lights can be connected to smart home setups, which can then also be operated through voice recognition. The lights can also replicate the color on the TV or monitor to give a theater-like experience.
• Logitech, a gaming company, launched a new LED lighting bar in September 2023, especially for gamers and content creators. These light bars are part of the set, which also includes headphones and a mic. Logitech’s new light bars are designed to give gamers a rich experience with responsive lighting.

Key companies in the LED Light Bar Market

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

Table of Content

• 1. Executive Summary
• 2. Market Overview
• 3. Market Background
• 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
• 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Configuration
  • 5.1. Single Row
  • 5.2. Double Row
  • 5.3. Triple Row
  • 5.4. Quad Row
• 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Beam Pattern
  • 6.1. Flood
  • 6.2. Spot
  • 6.3. Combo Lights
• 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
  • 7.1. Events & Shows
  • 7.2. Automotive
  • 7.3. Restaurants & Bars
  • 7.4. Charter & Boats
• 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Power Rating
  • 8.1. Below 100W
  • 8.2. 101-200W
  • 8.3. 201-300W
  • 8.4. Above 300W
• 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
  • 9.1. North America
  • 9.2. Latin America
  • 9.3. Western Europe
  • 9.4. Eastern Europe
  • 9.5. South Asia and Pacific
  • 9.6. East Asia
  • 9.7. Middle East and Africa
• 10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
• 11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
• 12. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
• 13. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
• 14. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
• 15. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
• 16. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
• 17. Key Countries Market Analysis
• 18. Market Structure Analysis
• 19. Competition Analysis
  • 19.1. Eaton Corporation (Halo commercial)
  • 19.2. Globe Electric Company, Inc
  • 19.3. Cree, Inc
  • 19.4. Osram GmbH
  • 19.5. Herbert Waldmann GmbH & Co. KG
  • 19.6. Rigid Industries, Inc.
  • 19.7. Trailequip Ltd
  • 19.8. Baja Designs, Inc.
  • 19.9. KC HiLiTES Inc
  • 19.10. Gold Crest
  • 19.11. LLC (Lux LED)
• 20. Assumptions & Acronyms Used
• 21. Research Methodology