South America Filament LED Bulb Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (0–25-Watt Type, 25–40-Watt Type, 40–60-Watt Type, and Above 60-Watt Type) and Application (Residential, Restaurants and Bars, Hotels, Café, and Others)

Market Introduction

The SAM filament LED bulb market is further segmented into Brazil, Argentina, and the Rest of SAM. The region's growth prospects are uneven, with a few countries experiencing challenging macroeconomic and political conditions. Brazil, Argentina, Chile, and Peru are developing economies that invest heavily in infrastructure and industrial growth. With various countries having difficult political and macroeconomic contexts, the region has a varied growth picture. Despite several hurdles, governments' constructive measures are assisting economies in growing at a respectable rate during the anticipated period. Several countries in this region presently lack the infrastructure and resources needed to further develop the same across the region. Brazil's construction industry has been one of the hardest hits by the region's significant economic downturn over the last few decades. The construction activity has been declining since 2014 due to the failing economy, high inflation, restricted credit supply, low government spending, and several corruption investigations involving major construction companies. As a result, projects have been postponed, and incumbent players have faced rising financial, liquidity, and reputational challenges, including restrictions on participating in public contracts, triggering a massive restructuring process. Therefore, Brazil's overall unsteady economic situation has slowed the demand for filament LED bulbs across the country.

In the SAM, Brazil has the highest number of COVID-19 confirmed cases, followed by other countries such as Colombia, Argentina, and Peru. The governments of various countries in SAM are taking several initiatives to protect people and control COVID-19’s spread in the region through lockdowns, trade bans, and travel restrictions. These SAMsures are expected to have a direct impact on the region’s economic growth as the region will face lower export revenues, both from the drop in commodity prices and reduction in export volumes, especially to major trading partners such as China, Europe, and North America. The sharp decline in the sales of the lighting solutions in the region due to lockdown SAMsures is expected to directly impact the growth of the filament LED bulb market. Moreover, decline in business activities by café, restaurants, hotels, and bars are also imposing a negative impact on the growth of the market

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Market Overview and Dynamics

The filament LED bulb market in SAM is expected to grow from US$ 90.88 million in 2021 to US$ 433.13 million by 2028; it is estimated to grow at a CAGR of 25.0% from 2021-2028. Rising number of commercial and residential construction projects; Many countries are seeing an increase in home renovation and remodeling activities, which can be linked to increased government support, particularly in industrialized countries. Consumers' desire to spend a significant amount of money on the style of living spaces has drawn their attention to home furnishings such as carpets and rugs and advanced and styled lighting systems, which improve the aesthetic appeal of interiors. Rise in consumer income levels, changes in lifestyles, and embrace of diverse cultures in terms of interior decor are contributing to this transition. Regular Government initiatives to promote building own houses, especially in the developing countries, are also fueling the demand for filament LED bulbs for residential use. Thus, the above-mentioned government initiatives are contributing to the rise in commercial and residential construction projects, thereby creating the demand for filament LED bulbs. This, in turn, is contributing to the growth of the market.

Key Market Segments

In terms of product, 0-25-Watt type segment held the largest share SAM filament LED bulb market in 2020. In terms of application, the residential segment held a larger market share of the filament LED bulb market in 2020.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the filament LED bulb market in SAM are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report Feilo Sylvania Europe Limited Y; MEGAMAN; Seoul Semiconductor Co., Ltd.; Signify Holding (Philips); UKLED; Verbatim Americas LLC

Reasons to buy report

To understand the SAM filament LED bulb market landscape and identify market segments that are most likely to guarantee a strong return
Stay ahead of the race by comprehending the ever-changing competitive landscape for SAM filament LED bulb market
Efficiently plan M&A and partnership deals in SAM filament LED bulb market by identifying market segments with the most promising probable sales
Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form SAM filament LED bulb market
Obtain market revenue forecast for market by various segments from 2021-2028 in SAM region.

SAM FILAMENT LED BULB MARKETSEGMENTATION

By Product

0-25-Watt Type
25-40-Watt Type
40-60-Watt Type
Above 60-Watt Type

By Application

Residential
Restaurants and Bars
Hotels
Café
Others

By Country

Brazil
Argentina
Rest of SAM

Company Profiles

1. Introduction

1.1 Study Scope. 12

1.2 The Insight Partners Research Report Guidance. 13

1.3 Market Segmentation. 14

1.3.1 SAM Filament LED Bulb Market – By Product 16

1.3.2 SAM Filament LED Bulb Market – By Application. 16

1.3.3 SAM Filament LED Bulb Market- By Country. 17

2. Key Takeaways. 18

3. Research Methodology. 22

3.1 Coverage. 24

3.2 Secondary Research. 24

3.3 Primary Research. 25

4. SAM Filament LED Bulb Market Landscape. 26

4.1 Market Overview. 26

4.2 PEST Analysis. 27

4.2.1 SAM.. 27

4.3 Ecosystem Analysis. 28

4.4 Expert Opinion. 29

5. SAM Filament LED Bulb Market – Key Market Dynamics. 30

5.1 Market Drivers. 30

5.1.1 Rising Number of Commercial and Residential Construction Projects. 30

5.1.2 Rising Awareness About Advantages of Filament LED Bulbs. 30

5.2 Market Restraints. 31

5.2.1 Common Difficulties Faced in Filament LED Bulbs. 31

5.3 Market Opportunities. 32

5.3.1 Surge in Product Innovations and Launches Coupled with High Expansion Strategies. 32

5.4 Future Trends. 33

5.4.1 Increase in Adoption of Filament LED Bulbs Across Restaurants, Hotels, Bars, and Cafes. 33

5.5 Impact Analysis of Drivers and Restraints. 34

6. Filament LED Bulb Market – SAM Analysis. 35

6.1 SAM Filament LED Bulb Market Overview.. 35

6.2 SAM Filament LED Bulb Market – Revenue and Forecast to 2028 (US$ Million) 36

7. SAM Filament LED Bulb Market Analysis – By Product 38

7.1 Overview.. 38

7.2 SAM Filament LED Bulb Market, By Product (2020 and 2028) 38

7.3 0-25-Watt Type. 40

7.3.1 Overview.. 40

7.3.2 0-25-Watt Type: SAM Filament LED Bulb Market – Revenue and Forecast to 2028 (US$ Million) 40

7.4 25-40-Watt Type. 42

7.4.1 Overview.. 42

7.4.2 25-40-Watt Type: SAM Filament LED Bulb Market – Revenue and Forecast to 2028 (US$ Million) 42

7.5 40-60-Watt Type. 44

7.5.1 Overview.. 44

7.5.2 40-60-Watt Type: SAM Filament LED Bulb Market – Revenue and Forecast to 2028 (US$ Million) 44

7.6 Above 60-Watt Type. 46

7.6.1 Overview.. 46

7.6.2 Above 60-Watt Type: SAM Filament LED Bulb Market – Revenue and Forecast to 2028 (US$ Million) 46

8. SAM Filament LED Bulb Market Analysis – By Application. 48

8.1 Overview.. 48

8.2 SAM Filament LED Bulb Market, By Application (2020 and 2028) 48

8.3 Residential 50

8.3.1 Overview.. 50

8.3.2 Residential: SAM Filament LED Bulb Market – Revenue and Forecast to 2028 (US$ Million) 50

8.4 Restaurants and Bars. 52

8.4.1 Overview.. 52

8.4.2 Restaurants and Bars: SAM Filament LED Bulb Market – Revenue and Forecast to 2028 (US$ Million) 52

8.5 Hotels. 54

8.5.1 Overview.. 54

8.5.2 Hotels: SAM Filament LED Bulb Market – Revenue and Forecast to 2028 (US$ Million) 54

8.6 Café. 56

8.6.1 Overview.. 56

8.6.2 Café: SAM Filament LED Bulb Market – Revenue and Forecast to 2028 (US$ Million) 56

8.7 Others. 58

8.7.1 Overview.. 58

8.7.2 Others: SAM Filament LED Bulb Market – Revenue and Forecast to 2028 (US$ Million) 58

9. SAM Filament LED Bulb Market – Country Analysis. 60

9.1 Overview.. 60

9.1.1 SAM: Filament LED Bulb Market – Revenue and Forecast to 2028 (US$ Million) 61

9.1.2 SAM: Filament LED Bulb Market, by Key Country. 62

9.1.2.1 Brazil: Filament LED Bulb Market – Revenue and Forecast to 2028 (US$ Million) 63

9.1.2.1.1 Brazil: Filament LED Bulb Market, by Product 64

9.1.2.1.2 Brazil: Filament LED Bulb Market, by Application. 65

9.1.2.2 Argentina: Filament LED Bulb Market – Revenue and Forecast to 2028 (US$ Million) 66

9.1.2.2.1 Argentina: Filament LED Bulb Market, by Product 67

9.1.2.2.2 Argentina: Filament LED Bulb Market, by Application. 68

9.1.2.3 Rest of SAM: Filament LED Bulb Market – Revenue and Forecast to 2028 (US$ Million) 69

9.1.2.3.1 Rest of SAM: Filament LED Bulb Market, by Product 70

9.1.2.3.2 Rest of SAM: Filament LED Bulb Market, by Application. 71

10. Impact of COVID-19 Pandemic on SAM Filament LED Bulb Market 72

10.1 South America. 72

11. Industry Landscape. 74

11.1 Market Initiative. 74

11.2 New Development 74

12. Company Profiles. 76

12.1 MEGAMAN.. 76

12.1.1 Key Facts. 76

12.1.2 Business Description. 76

12.1.3 Products and Services. 77

12.1.4 Financial Overview.. 77

12.1.5 SWOT Analysis. 77

12.1.6 Key Developments. 77

12.2 Feilo Sylvania Europe Limited. 78

12.2.1 Key Facts. 78

12.2.2 Business Description. 78

12.2.3 Products and Services. 78

12.2.4 Financial Overview.. 79

12.2.5 SWOT Analysis. 79

12.2.6 Key Developments. 79

12.3 UKLED.. 80

12.3.1 Key Facts. 80

12.3.2 Business Description. 80

12.3.3 Products and Services. 80

12.3.4 Financial Overview.. 81

12.3.5 SWOT Analysis. 81

12.3.6 Key Developments. 81

12.4 Verbatim Americas LLC. 82

12.4.1 Key Facts. 82

12.4.2 Business Description. 82

12.4.3 Products and Services. 82

12.4.4 Financial Overview.. 83

12.4.5 SWOT Analysis. 83

12.4.6 Key Developments. 83

12.5 Signify Holding (Philips) 84

12.5.1 Key Facts. 84

12.5.2 Business Description. 84

12.5.3 Products and Services. 84

12.5.4 Financial Overview.. 85

12.5.5 SWOT Analysis. 88

12.5.6 Key Developments. 88

12.6 Seoul Semiconductor Co., Ltd. 89

12.6.1 Key Facts. 89

12.6.2 Business Description. 89

12.6.3 Products and Services. 89

12.6.4 Financial Overview.. 90

12.6.5 SWOT Analysis. 91

12.6.6 Key Developments. 91

13. Appendix. 92

13.1 About The Insight Partners. 92

13.2 Word Index

LIST OF TABLES

Table 1. SAM Filament LED Bulb Market – Revenue and Forecast to 2028 (US$ Million) 37

Table 2. Brazil: Filament LED Bulb Market, by Product –Revenue and Forecast to 2028 (US$ Million) 64

Table 3. Brazil: Filament LED Bulb Market, by Application –Revenue and Forecast to 2028 (US$ Million) 65

Table 4. Argentina: Filament LED Bulb Market, by Product –Revenue and Forecast to 2028 (US$ Million) 67

Table 5. Argentina: Filament LED Bulb Market, by Application –Revenue and Forecast to 2028 (US$ Million) 68

Table 6. Rest of SAM: Filament LED Bulb Market, by Product–Revenue and Forecast to 2028 (US$ Million) 70

Table 7. Rest of SAM: Filament LED Bulb Market, by Application –Revenue and Forecast to 2028 (US$ Million) 71

Table 8. List of Abbreviation

LIST OF FIGURES

Figure 1. SAM Filament LED Bulb Market Segmentation. 14

Figure 2. SAM Filament LED Bulb Market Segmentation – By Country. 15

Figure 3. SAM Filament LED Bulb Market Overview.. 18

Figure 4. 0-25-Watt Type Product Segment held the Largest Share of SAM Filament LED Bulb Market 19

Figure 5. Residential Segment held the Largest Share of SAM Filament LED Bulb Market 20

Figure 6. Brazil to Show Great Traction During Forecast Period. 21

Figure 7. South America: PEST Analysis. 27

Figure 8. Expert Opinion. 29

Figure 9. SAM Filament LED Bulb Market: Impact Analysis of Drivers and Restraints. 34

Figure 10. SAM Filament LED Bulb Market – Revenue and Forecast to 2028 (US$ Million) 36

Figure 11. SAM Filament LED Bulb Market Revenue Share, by Product (2020 and 2028) 38

Figure 12. 0-25-Watt Type: SAM Filament LED Bulb Market – Revenue and Forecast to 2028 (US$ Million) 41

Figure 13. 25-40-Watt Type: SAM Filament LED Bulb Market – Revenue and Forecast to 2028 (US$ Million) 43

Figure 14. 40-60-Watt Type: SAM Filament LED Bulb Market – Revenue and Forecast to 2028 (US$ Million) 45

Figure 15. Above 60-Watt Type: SAM Filament LED Bulb Market – Revenue and Forecast to 2028 (US$ Million) 47

Figure 16. SAM Filament LED Bulb Market Revenue Share, by Application (2020 and 2028) 49

Figure 17. Residential: SAM Filament LED Bulb Market – Revenue and Forecast to 2028 (US$ Million) 51

Figure 18. Restaurants and Bars: SAM Filament LED Bulb Market – Revenue and Forecast to 2028 (US$ Million) 53

Figure 19. Hotels: SAM Filament LED Bulb Market – Revenue and Forecast to 2028 (US$ Million) 55

Figure 20. Café: SAM Filament LED Bulb Market – Revenue and Forecast to 2028 (US$ Million) 57

Figure 21. Others: SAM Filament LED Bulb Market – Revenue and Forecast to 2028 (US$ Million) 59

Figure 22. SAM: Filament LED Bulb Market – Revenue by Country To 2028 (US$ Million) 61

Figure 23. SAM: Filament LED Bulb Market Revenue Share, By Key Country (2020 and 2028) 62

Figure 24. Brazil: Filament LED Bulb Market – Revenue and Forecast To 2028 (US$ Million) 63

Figure 25. Argentina: Filament LED Bulb Market – Revenue and Forecast To 2028 (US$ Million) 66

Figure 26. Rest of SAM: Filament LED Bulb Market – Revenue and Forecast To 2028 (US$ Million) 69

Figure 27. Impact of COVID-19 Pandemic in South America Country Markets. 73

. 93

To understand the SAM filament LED bulb market landscape and identify market segments that are most likely to guarantee a strong return
Stay ahead of the race by comprehending the ever-changing competitive landscape for SAM filament LED bulb market
Efficiently plan M&A and partnership deals in SAM filament LED bulb market by identifying market segments with the most promising probable sales
Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form SAM filament LED bulb market
Obtain market revenue forecast for market by various segments from 2021-2028 in SAM region

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South America Filament LED Bulb Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (0–25-Watt Type, 25–40-Watt Type, 40–60-Watt Type, and Above 60-Watt Type) and Application (Residential, Restaurants and Bars, Hotels, Café, and Others)

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