Europe Lighting Market Size & Outlook, 2025-2030
The lighting market in Europe is expected to reach a projected revenue of US$ 57.2 billion by 2030. A compound annual growth rate of 6.9% is expected of Europe lighting market from 2025 to 2030.
- Semiconductors, Electronics & Components
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- Lighting Market Outlook
- Sensors, Controls & Embedded Systems
Revenue, 2024 (US$B)
$39.4
Forecast, 2030 (US$B)
$57.2
CAGR, 2025 - 2030
6.9%
Report Coverage
Europe
Global Market
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Europe lighting market highlights
- The Europe lighting market generated a revenue of USD 39.4 billion in 2024.
- The market is expected to grow at a CAGR of 6.9% from 2025 to 2030.
- In terms of segment, led lighting was the largest revenue generating type in 2024.
- LED Lighting is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 39.4 billion |
| Market revenue in 2030 | USD 57.2 billion |
| Growth rate | 6.9% (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 billion |
| Market segmentation | CFL, Fluorescent Lighting, Halogen, HID, Incandescent, LED Lighting |
| Key market players worldwide | Acuity Brands Inc, Signify NV, OSRAM, Eaton Corp PLC, Cree Lighting, Nichia Corporation, GE Lighting, Seoul Semiconductor, Everlight Electronics, Hubbell Incorporated, Zumtobel Group AG ADR, Sitecore, Panasonic Holdings Corp, Havells India, Toshiba Corporation |
Other key industry trends
- In terms of revenue, Europe region accounted for 26.0% of the global lighting market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 91.4 billion by 2030.
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Publish Date: Feb 18, 2025
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Lighting Market Scope
Lighting Market segmentation & scope
Lighting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Panasonic Holdings Corp | View profile | 230,025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | holdings.panasonic |
| Acuity Brands Inc | View profile | 12,200 | 1170 Peachtree Street, N.E., Suite 2300, Atlanta, GA, United States, 30309 | www.acuitybrands.com |
| Toshiba Corporation | View profile | 10001+ | Tokyo, Tokyo, Japan, Asia | www.toshiba.com/tai/ |
| Nichia Corporation | View profile | 5001-10000 | Tokushima, Tokushima, Japan, Asia | www.nichia.co.jp/ |
| Sitecore | View profile | 1001-5000 | San Francisco, California, United States, North America | www.sitecore.com |
| Eaton Corp PLC | View profile | 94,000 | 30 Pembroke Road, Eaton House, Dublin, Ireland, D04 Y0C2 | www.eaton.com |
| Everlight Electronics | View profile | 1001-5000 | Taipei, T'ai-pei, Taiwan, Asia | www.everlight.com/ |
| Signify NV | View profile | 31,920 | High Tech Campus 48, Eindhoven, Netherlands, 5656 AE | www.signify.com |
| Zumtobel Group AG ADR | View profile | 5,500 | Hochster Strasse 8, Dornbirn, Austria, A-6850 | z.lighting/en |
| Seoul Semiconductor | View profile | 5001-10000 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | www.seoulsemicon.com/ |
Europe 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 Outlook will help companies and investors design strategic landscapes.
Led Lighting was the largest segment with a revenue share of 60.66% in 2024.
Horizon Databook has segmented the Europe lighting market based on cfl, fluorescent lighting, halogen, hid, incandescent, led lighting covering the revenue growth of each sub-segment from 2018 to 2030.
- Europe Lighting Market Type Outlook (Revenue, USD Billion , 2018-2030)
- CFL
- Fluorescent Lighting
- Halogen
- HID
- Incandescent
- LED Lighting
- Europe Lighting Market Application Outlook (Revenue, USD Billion , 2018-2030)
- Indoor Lighting
- Outdoor Lighting
- Smart Lighting
- Europe Lighting Market End Use Outlook (Revenue, USD Billion , 2018-2030)
- Commercial
- Industrial
- Residential
- Europe Lighting Market Distribution Channel Outlook (Revenue, USD Billion , 2018-2030)
- Online
- Offline
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe Lighting Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Europe Lighting Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Europe Lighting Market, 2018-2030 (US$B)
Europe lighting market statistics, by type, 2018-2030 (USD Billion)
