Vintage Bulb Market Forecast and CAGR
Vintage Bulb or Edison Light Bulb are glass covered long, complicated winding with carbon or tungsten filament. The vintage bulb market will witness an optimistic and steady growth during 2021-2031 by a CAGR of 4.3% from the base year 2020. The health issues caused by modern LED`s and growing demand of aesthetic look in commercial areas will help the vintage market to grow.
What are the Driving Demands for Vintage Bulb?
With the diversifying urbanization, the household areas are reducing, with more and more start-ups of bars and restaurants, which continues to drive the demand for vintage bulb. Therefore, the manufacturers are also producing vintage bulb of different shapes, styles and design, which helps in creating an aesthetic atmosphere.
In addition, the operational functions of a vintage bulb are very efficient as it allows the user to dim the brightness according to their need. Additionally the increase in acknowledgment part of enlightening medium in setting up a polite atmosphere and moving towards popular design is going to drive the demand of vintage bulb.
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Is Health a Major Factor in Driving the Sales of Vintage Bulb Market?
With the innovation in the electronic industry, LED`s have been making a remarkable progress due to their longer usage period and high output with less energy consumption.
But, in a recent study it has been found that LED`s being used at night are harmful for humans, especially the cool blue light LED which has a temperature of about 4000K-6000K, causes range of health issues from sleep disturbance to cataracts. On the other hand, warm light, which glows from a vintage bulb, has a running temperature of about 2200K-2400K, which is better at night.
US and Canada Vintage Bulb Market Outlook
In the US market, the vintage bulb market expects to grow since the innovation of LED vintage bulb, which look alike vintage bulb and consume less energy as they run on LED instead of filament.
In addition, the average projected energy, utilization will differ with the use of LED vintage bulb in business and private and outside lightning applications, as they are defined with high yield and long working hours.
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Europe Demand Outlook for Vintage bulb
Until 2019, Europe had been of the largest market for the vintage bulb globally, but COVID-19 crisis had severely affected the market followed by shutdown of many industries. This led to decrease in the operational growth and thus led to reduce in demand of vintage bulb.
Europe vintage bulb market was dependent upon China, which was the main supplier of lightning products. However, in the recent times, Europe had launched products made in Italy and Germany as China focused only on mass production. Whereas, the other manufacturers focused more on innovation and creativity which had become one of the key factors for increasing the sales of vintage bulb in the European market.
Key Manufacturers and Suppliers of Vintage Bulb
Some of the leading manufacturers and suppliers of vintage bulb globally are
- Crompton Lamps Ltd
- SAVANT TECHNOLOGIES LLC.
- OSRAM GmbH
- General Electric
- LEDVANCE LLC.
- Signify Holding
- Homer TLC Inc.
- Star Lightning & Furniture Factory Ltd
- Hangzhou Yulin Lightning Co.Ltd.
- Ecolight Optoelectronics
- Changzhou Gaorui Electric Co.
Excluding the manufacturing, many brands are also working on launching new products that do not concern any health issue. Optics & Photonics have launched a prototype LED that emits warm white light with reduced blue light wavelength, termed as ‘Human Friendly’ LED.
An Adaptive Approach to Modern-day Research Needs
Vintage Bulb Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company
- Other (Heart, Diamond, Mushroom etc.)
- Cafes and Homes
- Other (Outdoor, Clubs, etc.)
By Price Range
- Under $25
By Sales Channel
- Specialty Stores
- Online Retailers
- Other Sales Channel
- Convenient Stores
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Others
- Western Europe
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- Rest of Asia Pacific
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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