Global Lighting Market Size & Outlook, 2024-2030
Global lighting market, 2018-2030 (US$M)
Related Markets
Global lighting market highlights
- The global lighting market generated a revenue of USD 151.7 million in 2024 and is expected to reach USD 223.3 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 7.2% by 2030.
- In terms of segment, led lighting accounted for a revenue of USD 92.4 million in 2024.
- LED Lighting is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 151.7 million |
| Market revenue in 2030 | USD 223.3 million |
| Growth rate | 7.2% (CAGR from 2025 to 2030) |
| Largest segment | Led lighting |
| Fastest growing segment | LED Lighting |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | CFL, Fluorescent Lighting, Halogen, HID, Incandescent, LED Lighting |
Other key industry trends
- In terms of revenue, the North America accounted for 21.7% of the global lighting market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 22.4 million by 2030.
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Lighting Market Scope
Lighting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| OSRAM | View profile | 10001+ | München, Bayern, Germany, Europe | https://www.osram.de/ |
| GE Lighting | View profile | 101-250 | Cleveland, Ohio, United States, North America | http://www.gelighting.com/LightingWeb/splash.jsp |
| Hubbell Incorporated | View profile | 10001+ | Shelton, Connecticut, United States, North America | https://www.hubbell.com/ |
| Havells India | View profile | 5001-10000 | Noida, Uttar Pradesh, India, Asia | http://www.havells.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 |
| Signify NV | View profile | 31920 | High Tech Campus 48, Eindhoven, Netherlands, 5656 AE | https://www.signify.com |
| Everlight Electronics | View profile | 1001-5000 | Taipei, T'ai-pei, Taiwan, Asia | http://www.everlight.com/ |
| Eaton Corp PLC | View profile | 94000 | 30 Pembroke Road, Eaton House, Dublin, Ireland, D04 Y0C2 | https://www.eaton.com |
| Sitecore | View profile | 1001-5000 | San Francisco, California, United States, North America | https://www.sitecore.com |
| Nichia Corporation | View profile | 5001-10000 | Tokushima, Tokushima, Japan, Asia | http://www.nichia.co.jp/ |
| Toshiba Corporation | View profile | 10001+ | Tokyo, Tokyo, Japan, Asia | http://www.toshiba.com/tai/ |
| 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 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 lighting market will help companies and investors design strategic landscapes.
Led lighting was the largest segment with a revenue share of 60.91% in 2024. Horizon Databook has segmented the Global lighting market based on cfl, fluorescent lighting, halogen, hid, incandescent, led lighting covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Lighting Type Outlook (Revenue, USD Million, 2018-2030)
- CFL
- Fluorescent Lighting
- Halogen
- HID
- Incandescent
- LED Lighting
- Global Lighting Application Outlook (Revenue, USD Million, 2018-2030)
- Indoor Lighting
- Outdoor Lighting
- Smart Lighting
- Global Lighting End Use Outlook (Revenue, USD Million, 2018-2030)
- Commercial
- Industrial
- Residential
- Global Lighting Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Online
- Offline
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Target buyers of Global lighting market databook
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Our clientele includes a mix of lighting market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global lighting market , including forecasts for subscribers. This global databook contains high-level insights into Global lighting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global lighting market size, by regions, 2018-2030 (US$M)
Top 10 countries: Lighting market size, 2024 (US$M)
Global lighting market share, by type, 2024 & 2030 (%, US$M)
Lighting market: Opportunity assessment by country
Global lighting market, by region, 2024 (US$M)
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