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Global Lighting Market Share, Growth, Analysis, Forecast: By Type: LED, Fluorescent, Incandescent, Halogen; By Product: Bulbs, Streetlights, Downlights, Tube Lights, Flood Lights, Others; By Application: Indoor, Outdoor; By End Use: Residential, Commercial, Others; By Distribution Channel; Regional Analysis; Competitive Landscape; 2024-2032

Lighting Market Competitive Landscape

Major players in the lighting market are increasingly investing in the development of smart lighting solutions

 

Company Year Established Headquarters Specialisation
Signify Holding 2016 Eindhoven, the Netherlands Lighting for professionals, consumers, and the Internet of Things
OSRAM GmbH 1919 Munich, Germany Lighting technologies for automotive, smart, and industrial applications
Eaton Corporation 1911 Dublin, Ireland Power management technologies and services
Cree Lighting 1987 North Carolina, USA LED lighting innovations for commercial, residential, and industrial markets

 

Other key players in the global market are Nichia Corporation, GE Lighting, Seoul Semiconductor Co., Ltd., Everlight Electronics Co., Ltd., Hubbell Incorporated, Zumtobel Group, Siteco GmbH, Panasonic Holdings Corporation, and Havells India Ltd., among others.

 

Major companies in the market are investing heavily in research and development (R&D) to introduce innovative products, such as smart lighting solutions, LED technologies, and lighting systems that can be integrated with the Internet of Things (IoT). These innovations cater to the growing demand for energy-efficient, intelligent lighting solutions in both residential and commercial sectors.

 

Lighting Market Report Snapshots

Lighting Market Size

Lighting Market Trends

Lighting Companies

Lighting Market Regional Analysis

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Lighting Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Lighting Historical Market (2018-2023) 
    8.3    Global Lighting Market Forecast (2024-2032)
    8.4    Global Lighting Market by Type
        8.4.1    LED
            8.4.1.1    Historical Trend (2018-2023) 
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Fluorescent
            8.4.2.1    Historical Trend (2018-2023) 
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Incandescent
            8.4.3.1    Historical Trend (2018-2023) 
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Halogen
            8.4.4.1    Historical Trend (2018-2023) 
            8.4.4.2    Forecast Trend (2024-2032)
    8.5    Global Lighting Market by Product
        8.5.1    Bulbs
            8.5.1.1    Historical Trend (2018-2023) 
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Streetlights
            8.5.2.1    Historical Trend (2018-2023) 
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Downlights
            8.5.3.1    Historical Trend (2018-2023) 
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Tube Lights
            8.5.4.1    Historical Trend (2018-2023) 
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Flood Lights
            8.5.5.1    Historical Trend (2018-2023) 
            8.5.5.2    Forecast Trend (2024-2032)
        8.5.6    Others
    8.6    Global Lighting Market by Application 
        8.6.1    Indoor
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Outdoor
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
    8.7    Global Lighting Market by End Use
        8.7.1    Residential
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Commercial
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Industrial
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Agricultural
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Hospital
            8.7.5.1    Historical Trend (2018-2023) 
            8.7.5.2    Forecast Trend (2024-2032)
        8.7.6    Others
    8.8    Global Lighting Market by Distribution Channel
        8.8.1    Supermarkets and Hypermarkets
            8.8.1.1    Historical Trend (2018-2023) 
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Convenience Stores
            8.8.2.1    Historical Trend (2018-2023) 
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Specialty Stores
            8.8.3.1    Historical Trend (2018-2023) 
            8.8.3.2    Forecast Trend (2024-2032)
        8.8.4    Online
            8.8.4.1    Historical Trend (2018-2023) 
            8.8.4.2    Forecast Trend (2024-2032)
        8.8.5    Others
    8.9    Global Lighting Market by Region
        8.9.1    North America
            8.9.1.1    Historical Trend (2018-2023) 
            8.9.1.2    Forecast Trend (2024-2032)
        8.9.2    Europe
            8.9.2.1    Historical Trend (2018-2023) 
            8.9.2.2    Forecast Trend (2024-2032)
        8.9.3    Asia Pacific
            8.9.3.1    Historical Trend (2018-2023) 
            8.9.3.2    Forecast Trend (2024-2032)
        8.9.4    Latin America
            8.9.4.1    Historical Trend (2018-2023) 
            8.9.4.2    Forecast Trend (2024-2032)
        8.9.5    Middle East and Africa
            8.9.5.1    Historical Trend (2018-2023) 
            8.9.5.2    Forecast Trend (2024-2032)
9    North America Lighting Market Analysis
    9.1    Market by Type
    9.2    Market by Product
    9.3    Market by Application
    9.4    Market by End Use
    9.5    Market by Distribution Channel
    9.6    Market by Country
        9.6.1    United States of America 
            9.6.1.1    Historical Trend (2018-2023) 
            9.6.1.2    Forecast Trend (2024-2032)
        9.6.2    Canada
            9.6.2.1    Historical Trend (2018-2023) 
            9.6.2.2    Forecast Trend (2024-2032)
10    Europe Lighting Market Analysis
    10.1    Market by Type
    10.2    Market by Product
    10.3    Market by Application
    10.4    Market by End Use
    10.5    Market by Distribution Channel
    10.6    Market by Country
        10.6.1    United Kingdom
            10.6.1.1    Historical Trend (2018-2023) 
            10.6.1.2    Forecast Trend (2024-2032)
        10.6.2    Germany
            10.6.2.1    Historical Trend (2018-2023) 
            10.6.2.2    Forecast Trend (2024-2032)
        10.6.3    France
            10.6.3.1    Historical Trend (2018-2023) 
            10.6.3.2    Forecast Trend (2024-2032)
        10.6.4    Italy
            10.6.4.1    Historical Trend (2018-2023) 
            10.6.4.2    Forecast Trend (2024-2032)
        10.6.5    Others
11    Asia Pacific Lighting Market Analysis
    11.1    Market by Type
    11.2    Market by Product
    11.3    Market by Application
    11.4    Market by End Use
    11.5    Market by Distribution Channel
    11.6    Market by Country
        11.6.1    China
            11.6.1.1    Historical Trend (2018-2023) 
            11.6.1.2    Forecast Trend (2024-2032)
        11.6.2    Japan
            11.6.2.1    Historical Trend (2018-2023) 
            11.6.2.2    Forecast Trend (2024-2032)
        11.6.3    India
            11.6.3.1    Historical Trend (2018-2023) 
            11.6.3.2    Forecast Trend (2024-2032)
        11.6.4    ASEAN
            11.6.4.1    Historical Trend (2018-2023) 
            11.6.4.2    Forecast Trend (2024-2032)
        11.6.5    South Korea
            11.6.5.1    Historical Trend (2018-2023) 
            11.6.5.2    Forecast Trend (2024-2032)
        11.6.6    Australia
            11.6.6.1    Historical Trend (2018-2023) 
            11.6.6.2    Forecast Trend (2024-2032)
        11.6.7    Others
12    Latin America Lighting Market Analysis
    12.1    Market by Type
    12.2    Market by Product
    12.3    Market by Application
    12.4    Market by End Use
    12.5    Market by Distribution Channel
    12.6    Market by Country
        12.6.1    Brazil
            12.6.1.1    Historical Trend (2018-2023) 
            12.6.1.2    Forecast Trend (2024-2032)
        12.6.2    Argentina
            12.6.2.1    Historical Trend (2018-2023) 
            12.6.2.2    Forecast Trend (2024-2032)
        12.6.3    Mexico
            12.6.3.1    Historical Trend (2018-2023) 
            12.6.3.2    Forecast Trend (2024-2032)
        12.6.4    Others
13    Middle East and Africa Lighting Market Analysis
    13.1    Market by Type
    13.2    Market by Product
    13.3    Market by Application
    13.4    Market by End Use
    13.5    Market by Distribution Channel
    13.6    Market by Country
        13.6.1    Saudi Arabia
            13.6.1.1    Historical Trend (2018-2023) 
            13.6.1.2    Forecast Trend (2024-2032)
        13.6.2    United Arab Emirates
            13.6.2.1    Historical Trend (2018-2023) 
            13.6.2.2    Forecast Trend (2024-2032)
        13.6.3    Nigeria
            13.6.3.1    Historical Trend (2018-2023) 
            13.6.3.2    Forecast Trend (2024-2032)
        13.6.4    South Africa
            13.6.4.1    Historical Trend (2018-2023) 
            13.6.4.2    Forecast Trend (2024-2032)
        13.6.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Trade Data Analysis
    15.1    Major Exporting Countries 
        15.1.1    by Value
        15.1.2    by Volume
    15.2    Major Importing Countries 
        15.2.1    by Value
        15.2.2    by Volume
16    Competitive Landscape
    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Signify Holding
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    OSRAM GmbH
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Eaton Corporation
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Cree Lighting
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Nichia Corporation
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    GE Lighting
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Seoul Semiconductor Co., Ltd.
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    Everlight Electronics Co., Ltd.
            16.2.8.1    Company Overview
            16.2.8.2    Product Portfolio
            16.2.8.3    Demographic Reach and Achievements
            16.2.8.4    Certifications
        16.2.9    Hubbell Incorporated
            16.2.9.1    Company Overview
            16.2.9.2    Product Portfolio
            16.2.9.3    Demographic Reach and Achievements
            16.2.9.4    Certifications
        16.2.10    Zumtobel Group
            16.2.10.1    Company Overview
            16.2.10.2    Product Portfolio
            16.2.10.3    Demographic Reach and Achievements
            16.2.10.4    Certifications
        16.2.11    Siteco GmbH
            16.2.11.1    Company Overview
            16.2.11.2    Product Portfolio
            16.2.11.3    Demographic Reach and Achievements
            16.2.11.4    Certifications
        16.2.12    Panasonic Holdings Corporation
            16.2.12.1    Company Overview
            16.2.12.2    Product Portfolio
            16.2.12.3    Demographic Reach and Achievements
            16.2.12.4    Certifications
        16.2.13    Havells India Ltd.
            16.2.13.1    Company Overview
            16.2.13.2    Product Portfolio
            16.2.13.3    Demographic Reach and Achievements
            16.2.13.4    Certifications
        16.2.14    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Lighting Market: Key Industry Highlights, 2018 and 2032
2.    Global Lighting Historical Market: Breakup by Type (USD Million), 2018-2023
3.    Global Lighting Market Forecast: Breakup by Type (USD Million), 2024-2032
4.    Global Lighting Historical Market: Breakup by Product (USD Million), 2018-2023
5.    Global Lighting Market Forecast: Breakup by Product (USD Million), 2024-2032
6.    Global Lighting Historical Market: Breakup by Application (USD Million), 2018-2023
7.    Global Lighting Market Forecast: Breakup by Application (USD Million), 2024-2032
8.    Global Lighting Historical Market: Breakup End Use (USD Million), 2018-2023
9.    Global Lighting Market Forecast: Breakup by End Use (USD Million), 2024-2032
10.    Global Lighting Historical Market: Breakup Distribution Channel (USD Million), 2018-2023
11.    Global Lighting Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
12.    Global Lighting Historical Market: Breakup by Region (USD Million), 2018-2023
13.    Global Lighting Market Forecast: Breakup by Region (USD Million), 2024-2032
14.    North America Lighting Historical Market: Breakup by Country (USD Million), 2018-2023
15.    North America Lighting Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Europe Lighting Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Europe Lighting Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Asia Pacific Lighting Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Asia Pacific Lighting Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Latin America Lighting Historical Market: Breakup by Country (USD Million), 2018-2023
21.    Latin America Lighting Market Forecast: Breakup by Country (USD Million), 2024-2032
22.    Middle East and Africa Lighting Historical Market: Breakup by Country (USD Million), 2018-2023
23.    Middle East and Africa Lighting Market Forecast: Breakup by Country (USD Million), 2024-2032
24.    Major Exporting Countries by Value
25.    Major Importing Countries by Value
26.    Major Exporting Countries by Volume
27.    Major Importing Countries by Volume
28.    Global Lighting Market Structure

Key Questions Answered in the Report

In 2023, the market attained a value of nearly USD 128.76 billion.

The market is projected to grow at a CAGR of 7.3% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 242.71 billion by 2032.

The major drivers of the market are the rising disposable incomes, increasing population, rapid urbanisation, and growing infrastructure projects.

The key trends aiding the market expansion include growing health awareness, improving food production capabilities, and growing demand for plant-based and natural products with the rising trend of veganism.

The different lighting products in the market are bulbs, streetlights, downlights, tube lights, and flood lights, among others.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major players are Signify Holding, OSRAM GmbH, Eaton Corporation, Cree Lighting, Nichia Corporation, GE Lighting, Seoul Semiconductor Co., Ltd., Everlight Electronics Co., Ltd., Hubbell Incorporated, Zumtobel Group, Siteco GmbH, Panasonic Holdings Corporation, and Havells India Ltd., among others.

Analyst Review

The global lighting market attained a value of USD 128.76 billion in 2023, driven by the rising infrastructure investments. Aided by the technological advancements, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 7.3%. The lighting market is projected to reach USD 242.71 billion by 2032.

 

EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the market. By type, the market can be segmented into LED, fluorescent, halogen, and incandescent, with LED accounting for the largest market share. Based on product, the market is divided into bulbs, streetlights, downlights, tube lights, and flood lights, among others. The market on the basis of application is bifurcated into indoor and outdoor. Based on end use, the market is segmented into residential, commercial, industrial, agricultural, and hospital, among others. The major distribution channels in the market are supermarkets and hypermarkets, convenience stores, speciality stores, and online, among others. The major regional markets for lighting are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Signify Holding, OSRAM GmbH, Eaton Corporation, Cree Lighting, Nichia Corporation, GE Lighting, Seoul Semiconductor Co., Ltd., Everlight Electronics Co., Ltd., Hubbell Incorporated, Zumtobel Group, Siteco GmbH, Panasonic Holdings Corporation, and Havells India Ltd., among others.

 

EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

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