Bi-Color LED Ring Light Market Size 2023 | New Business Opportunities with Covid-19 Effect, Growth Drivers, Latest Trends, Future Demand, Analysis by Top Leading Player till Forecast 2030

April 24, 2023

Bi-Color LED Ring Light Market

A bi-color ring light is an easy-to-use multipurpose lighting tool that enables users to obtain a source of uniform light that comes directly from the point of view of their cameras. This lighting device is usually made from a single circular fluorescent bulb or several connected small LED lights that form the shape of a circle.Due to the COVID-19 pandemic, the global Bi-Color LED Ring Light market size is estimated to be worth USD million in 2021 and is forecast to a readjusted size of USD million by 2028 with a CAGR of % during the forecast period 2022-2028. A bi-color ring light is an easy-to-use multipurpose lighting tool that enables users to obtain a source of uniform light that comes directly from the point of view of their cameras. This lighting device is usually made from a single circular fluorescent bulb or several connected small LED lights that form the shape of a circle.Due to the COVID-19 pandemic, the global Bi-Color LED Ring Light market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Bi-Color LED Ring Light market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Bi-Color LED Ring Light landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.Less Than 10 Inches accounting for % of the Bi-Color LED Ring Light global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Photography segment is altered to an % CAGR throughout this forecast period and will hold a share about % in 2028.The global major manufacturers of Bi-Color LED Ring Light include Neewer, Angler (Gradus Group), Savage Universal, Smith-Victor, Mount Dog, Pixco, Westcott Co., GVM LED and Nanlite, etc. In terms of revenue, the global 3 largest players have a % market share of Bi-Color LED Ring Light in 2021.This report focuses on Bi-Color LED Ring Light volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Bi-Color LED Ring Light market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America and China., etc.Global Bi-Color LED Ring Light Market: Segment AnalysisThe research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Major players covered in Bi-Color LED Ring Light Market are: