Global Indoor Led Lighting Market Size & Outlook, 2023-2030
Global indoor led lighting market, 2018-2030 (US$M)
Related Markets
Global indoor led lighting market highlights
- The global indoor led lighting market generated a revenue of USD 55,558.2 million in 2023 and is expected to reach USD 109,674.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 10.2% by 2030.
- In terms of segment, luminaires accounted for a revenue of USD 32,580.4 million in 2023.
- Lamps is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 55,558.2 million |
| Market revenue in 2030 | USD 109,674.1 million |
| Growth rate | 10.2% (CAGR from 2023 to 2030) |
| Largest segment | Luminaires |
| Fastest growing segment | Lamps |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lamps, Luminaires |
Other key industry trends
- In terms of revenue, the North America accounted for 14.4% of the global indoor led lighting market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 10,291.9 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Indoor LED Lighting Market Scope
Indoor LED Lighting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| LSI Industries Inc | View profile | 1540 | 10000 Alliance Road, Cincinnati, OH, United States, 45242 | https://www.lsicorp.com |
| Dialight PLC | View profile | 1970 | 25 Old Broad Street, Leaf C, Level 36, Tower 42, London, United Kingdom, EC2N 1HQ | https://www.dialight.com |
| Siteco | View profile | 1001-5000 | Traunreut, Bayern, Germany, Europe | https://www.siteco.com/ |
| Cree Lighting | View profile | 1001-5000 | Racine, Wisconsin, United States, North America | https://www.creelighting.com/company |
| Seoul Semiconductor | View profile | 5001-10000 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | http://www.seoulsemicon.com/ |
| Zumtobel Group AG ADR | View profile | 5500 | Hochster Strasse 8, Dornbirn, Austria, A-6850 | https://z.lighting/en |
| Hubbell Inc | View profile | 18400 | 40 Waterview Drive, Shelton, CT, United States, 06484 | https://www.hubbell.com |
| Signify NV | View profile | 31920 | High Tech Campus 48, Eindhoven, Netherlands, 5656 AE | https://www.signify.com |
| Syska | View profile | 501-1000 | New York, New York, United States, North America | http://www.syska.com |
| Acuity Brands Inc | View profile | 12200 | 1170 Peachtree Street, N.E., Suite 2300, Atlanta, GA, United States, 30309 | https://www.acuitybrands.com |
| Panasonic Holdings Corp | View profile | 230025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | https://holdings.panasonic |
Global indoor led lighting market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to indoor led lighting market will help companies and investors design strategic landscapes.
Luminaires was the largest segment with a revenue share of 58.64% in 2023. Horizon Databook has segmented the Global indoor led lighting market based on lamps, luminaires covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Indoor LED Lighting Product Outlook (Revenue, USD Million, 2018-2030)
- Lamps
- Luminaires
- Global Indoor LED Lighting Installation Type Outlook (Revenue, USD Million, 2018-2030)
- New
- Retrofit
Reasons to subscribe to Global indoor led lighting market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global indoor led lighting market databook
-
Our clientele includes a mix of indoor led lighting market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global indoor led lighting market , including forecasts for subscribers. This global databook contains high-level insights into Global indoor led lighting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global indoor led lighting market size, by region, 2018-2030 (US$M)
Top 10 countries: Indoor led lighting market size, 2023 (US$M)
Global indoor led lighting market share, by product, 2023 & 2030 (%, US$M)
Indoor led lighting market: Opportunity assessment by country
Global indoor led lighting market, by region, 2023 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
