UK Led Lighting Market Size & Outlook, 2024-2030
UK led lighting market, 2018-2030 (US$M)
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UK led lighting market highlights
- The UK led lighting market generated a revenue of USD 4,094.4 million in 2024 and is expected to reach USD 6,960.0 million by 2030.
- The UK market is expected to grow at a CAGR of 9.2% from 2025 to 2030.
- In terms of segment, luminaire was the largest revenue generating product in 2024.
- Lamps is the most lucrative product segment registering the fastest growth during the forecast period.
Led lighting market data book summary
| Market revenue in 2024 | USD 4,094.4 million |
| Market revenue in 2030 | USD 6,960.0 million |
| Growth rate | 9.2% (CAGR from 2025 to 2030) |
| Largest segment | Luminaire |
| Fastest growing segment | Lamps |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lamps, Luminaire |
| Key market players worldwide | Acuity Brands Inc, Cree Lighting, Dialight PLC, Hubbell Inc, LSI Industries Inc, Panasonic Holdings Corp, Seoul Semiconductor, Signify NV, Siteco, Syska, Zumtobel Group AG ADR |
Other key industry trends
- In terms of revenue, UK accounted for 4.4% of the global led lighting market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK led lighting market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 3,710.4 million by 2030.
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LED Lighting Market Scope
LED Lighting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK 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 led lighting market will help companies and investors design strategic landscapes.
Luminaire was the largest segment with a revenue share of 57.61% in 2024. Horizon Databook has segmented the UK led lighting market based on lamps, luminaire covering the revenue growth of each sub-segment from 2018 to 2030.
The U.K. has set determined energy conservation and carbon reduction targets to address the evolving climate change and decrease greenhouse gas emissions. LED lighting is essential in meeting these targets as it consumes less energy compared to conventional lighting systems.
The Carbon Trust Green Business Fund aids Small and Medium-sized Enterprises (SMEs) in the U.K. to implement energy-saving initiatives such as LED lighting upgrades. Free energy evaluations, operational guidance, and monetary assistance toward setting up energy-efficient devices are readily accessible to SMEs.
Reasons to subscribe to UK led lighting market databook:
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Target buyers of UK led lighting market databook
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Our clientele includes a mix of led lighting market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 country-level data and insights on the UK led lighting market , including forecasts for subscribers. This country databook contains high-level insights into UK led lighting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK led lighting market size, by product, 2018-2030 (US$M)
UK LED Lighting Market Outlook Share, 2024 & 2030 (US$M)
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