The Asia Pacific LED lighting market size reached USD 21.63 Billion in 2025. The market is expected to grow at a CAGR of 7.50% between 2026 and 2035, reaching almost USD 44.58 Billion by 2035.
Base Year
Historical Period
Forecast Period
In January 2020, the Indian Ministry announced the installation of over 361.3 million LED bulbs and 10.3 million smart LED streetlights nationwide through programs like UJALA and the LED Street Lighting National Program. This initiative is expected to save an estimated 6.97 billion kWh/year in energy.
As per industry reports, China boasts a high rate of homeownership, with over 90% of households owning homes and more than 20% owning multiple properties, surpassing rates seen in many developed nations. This significant homeownership may drive demand for LED lighting in the country.
China's automotive industry plays a crucial role in the economy, contributing over CNY 10 trillion (USD 1.4 trillion) in gross output in 2021, equivalent to almost 10% of China's GDP. The industry's robust growth is attributed to policy incentives, capital support, and increasing consumer demand. In May 2022, China introduced a policy aimed at boosting new energy vehicle (NEV) sales in rural areas.
Compound Annual Growth Rate
7.5%
Value in USD Billion
2026-2035
*this image is indicative*
Asia-Pacific, with 60% of the global population, is experiencing significant growth in the adoption of LED technology driven by various factors. China, a key player in the region, sees a high rate of homeownership, particularly in lower socioeconomic strata where over 60% of residents own homes. The construction industry in countries like Indonesia is thriving due to rapid population growth, with a notable increase in residential buildings. This trend fuels the demand for LEDs in the building sector across the region while driving the Asia Pacific LED lighting market growth.
The automotive industry also contributes to LED demand, with China leading in passenger car sales, surpassing 23.6 million units in 2022. This rise in automotive sales boosts the need for LED lighting in vehicles.
Smart lighting is gaining traction as consumers seek efficient and user-friendly lighting systems. LEDs are favoured for their longevity and energy efficiency, driving demand for smart lighting products across homes and cities. Major players like Philips Lighting and GE Lighting Solutions are innovating to meet market demands, while startups capitalise on this trend.
In the era of AI and IoT, smart lighting plays a pivotal role in developing smart cities. Governments across Asia-Pacific, including India, China, and Japan, are integrating smart lighting into their smart city initiatives. This technology not only enhances energy efficiency but also facilitates data collection for city management.
The smart lighting market is propelled by automation technologies that enable centralised control of lighting systems in homes, offices, and streets. LED technology offers longevity and quality lighting, making it ideal for indoor and outdoor applications. As businesses and consumers recognise the benefits of intelligent and connected lighting, the trend towards smart LED lighting with IoT integration is poised for rapid growth, transforming the lighting landscape across, and playing a crucial role in the Asia Pacific LED lighting market development.
"Asia Pacific LED Lighting Market Report and Forecast 2026-2035" offers a detailed analysis of the market based on the following segments:
Market Breakup by Product
Market Breakup by Application
Market Breakup by End Use
Market Breakup by Country
Key players in the LED lighting market in Asia Pacific offer products and services through acquisitions and implementation of technological advancements in the products to support the end users.
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The market is estimated to be valued at USD 21.63 Billion in 2025.
The market is projected to grow at a CAGR of 7.50% between 2026 and 2035.
The LED lighting market is expected to witness significant growth to reach USD 44.58 Billion in 2035.
The market is categorised according to its application, which includes indoor and outdoor.
The key market players are Signify NV, Panasonic Corp., Eaton Corporation Plc, OSRAM Licht AG, Nichia Corporation, SMART Global Holdings, Inc., Samsung Electronics Co Ltd., Acuity Brands, Inc., Seoul Semiconductor Co., Ltd., EVERLIGHT Electronics Co., Ltd., EPISTAR Corporation, and others.
The market is driven by factors that include technological advancements, increasing demand from automotive industry, shifting trend towards smart LED lighting with IoT integration, among others.
The market is categorised according to its end use, which includes residential, commercial, industrial, government, highway and roadway, and architectural.
Koninklijke Philips N.V.: Koninklijke Philips N.V. (Netherlands), commonly known as Philips Lighting is a prominent player in the global LED lighting landscape.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Application |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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