Global filament LED bulb market is projected to reach US$ 6621.39 million by 2028

According to this report the global filament LED bulb market is projected to reach US$ 6621.39 million by 2028 from US$ 1433.19 million in 2021; it is estimated to grow at a CAGR of 24.4% from 2021 to 2028.

LED light sources such as COB plug patches and integrated high-power LED lamps could only be used as a plane light source in optical devices without lenses. However, the LED filament bulbs have broken this barrier, and the porous metal substrate single crystal welding technology truly realized 360 degrees of solid light source, avoiding the influence of light plus lens effect and optica.
Instead of using traditional blue and green phosphors to raise the brightness in the process, the blue + red chip package is used to create the conventional lighting effect as well as to improve light efficiency and brightness through filament LED bulbs.

Additionally, compared to other LED lamps, LED filament lamps primarily use sapphire substrates and wicks instead of nonrenewable aluminium and nonbiodegradable plastic. As per the present trends, mainstream models are often just 25, 28, 32 chip packages, compared to the same number of common packages, the use of LED chip is also less, resulting in a cheaper overall cost than usual LEDs. The rising awareness about the abovementioned benefits of filament LED bulbs through constant marketing and advertisements campaigns by manufacturers is influencing the adoption of the same for lighting purposes, which contributing to the growth of the market.