GVR Report cover LED Lighting Market Size, Share & Trends Report

LED Lighting Market Size, Share & Trends Analysis Report By Product (Lamps, Luminaires), By Application, By Installation Type, By Sales Channel, By End-use, By Region, And Segment Forecasts, 2024 - 2030

  • Report ID: GVR-2-68038-123-8
  • Number of Report Pages: 120
  • Format: PDF, Horizon Databook

LED Lighting Market Size & Trends

The global LED lighting market size was worth USD 81.48 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 11.0% from 2023 to 2030. Rising construction in both developing and developed countries, together with government laws limiting the use of inefficient lighting systems, & supportive government initiatives for lowering LED lighting prices, are the primary factors anticipated to drive the market. LED lighting has a long lifespan, no flicker, and great illumination strength while consuming less energy. Additionally, LED manufacturers are focusing on including features like Wi-Fi, occupancy sensors, and daylighting because these attract customers and increase product sales, thus fostering market growth. Furthermore, market players are offering extensive portfolios of various LED products, such as LED strips, LED bulbs, and LED tube lights, among others, to target diverse potential audiences. Thus, supporting the LED lighting industry's growth.

U.S. LED Lighting market size and growth rate, 2024 - 2030

LED lights are often a better option when compared to alternative lighting options like incandescent, CFL, incandescent, and halogen lights, as they can operate with little energy input while delivering strong illumination. LEDs are extensively utilized in both indoor and outdoor situations. LEDs allow designers versatility in their designs and the durability to withstand frequent switching. The market is expected to expand as consumers become more aware of their benefits.

The American National Standards Institute, China Compulsory Certification, and International Electrotechnical Commission are a few significant regulatory bodies that manage product certification. Manufacturing after obtaining the required licenses permits to do business, offer services, and import and export products. Governments in both developed and developing economies are attempting to lower high energy usage, thereby boosting the demand for LED lamps and LED bulbs.

They are doing this by upholding a number of quality laws that assist them in preserving consumer safety, managing energy use, and monitoring environmental issues. LED lighting is an energy-saving solution with a 50,000-hour lifespan and lower electricity use. As a result, it is anticipated that stringent government rules limiting the use of lighting that uses a lot of energy will promote the expansion of the market.

When used as overhead surgical illumination earlier, halogen lights bothered medical workers during procedures or examinations. Additionally, the examination room's 50 to 100 W halogen bulbs with the tiny surgical illumination produced a lot of heat and consumed too much electricity.

As a result, one factor anticipated to fuel the expansion of the target LED lighting market is manufacturers' strategy for combining LEDs in surgical illumination, exam lights, phototherapy, and endoscopy to enhance patient treatment experiences. The development of the LED lighting industry is also anticipated to be impacted by technological advancements in the medical device sector that will replace older or less efficient equipment.

The COVID-19 pandemic negatively impacted the global economy. The demand for LED lighting was reduced as a result of rigorous suspensions and lockdowns imposed on construction sites. However, the second half of 2021 saw an increase in construction due to the introduction of new as well as upgrading projects, which contributed to the steady recovery of the industry for LED lighting.

Market Concentration & Characteristics

The growth of the LED lighting market is high, and the growth’s pace is accelerating. The LED lighting market is characterized by a high degree of innovation owing to the notable advancements in Internet-of-Things (IoT), human-centric LED lighting, Light Fidelity (Li-Fi), and Light Detection and Ranging (LiDAR) systems, among others. Growing usage of network connectivity in LED lighting is enabling information collection & analysis and allows that data to control energy consumption and light patterns, supporting the growth of smart LED lighting.

LED Lighting Market Concentration & Characteristics

The companies operating in the market emphasize strengthening their LED lighting portfolio to expand their customer base and increase their revenue streams. For instance, in September 2023, lighting company Advanced Lighting Technologies, LLC (ADLT) announced the acquisition of LED lighting manufacturer Cree Lighting Inc. for an undisclosed amount.

Governments have set energy efficiency requirements and labeling systems for lighting items, which include LED lights. These standards indicate the minimum threshold for energy conservation and light efficacy, among other factors. Compliance with these requirements confirms that LED lighting products fulfill specified performance standards while contributing to conserving energy.

The substitutes for LED lights are conventional lights such as incandescent lamps, CFLs, and High-Intensity Discharge (HID) lights. Initially, the adoption cost of LED lights was greater as compared to conventional lights; hence, many price-sensitive consumers preferred conventional lights over LED lights. However, LED lights are currently replacing conventional lights owing to benefits such as moderate cost-effectiveness, a longer lifespan, and low energy consumption.

LED lighting market growth is anticipated to be influenced positively in the forecast period due to the shifting focus of various end-users on LED lighting from enhanced brightness with minimum energy consumption.

Product Insights

Based on product type, the LED luminaires segment accounted for the highest market share of over 54% in 2022 and is poised to continue its dominance in the global market. All luminaires used in track lighting, high bays, troffers, and street lighting, are identified as LED lights. The primary driver of the segment's growth is the installation of new track lights and light poles as a result of the expanding commercial building space and developing smart city initiatives.

The LED lamp category is anticipated to develop at the highest CAGR from 2023 to 2030 due to the expanding use of LED lighting systems in the residential sector. LED lamps provide advantages, including increased energy efficiency and greater stability over substitutes like incandescent bulbs and CFLs. They come in a wide range of forms as well. Another factor that is projected to support the growth of the LED lamps is the government's policy for raising public awareness of LEDs and their potential to help reduce and manage energy usage.

Application Insights

The indoor segment in application type had the highest revenue share of over 67% in 2022. This is the result of an increase in the demand for high-intensity discharge and fluorescent bulb substitutes from supermarkets, shopping malls, and retail establishments. LED lighting generates less heat, and costs less than conventional lighting options. The segment's growth is also predicted to be aided by rising demand in public institutions like hospitals and schools.

The outdoor market is expected to expand moderately during the projected period. This is because infrastructure-related projects including highways, airports, and public areas are being expanded. The market for LED lights for outdoor applications is also expected to increase due to growing government initiatives to attain net-zero emissions by reducing energy use.

End-use Insights

The commercial end-use segment posted the highest market share of over 51% in 2022. The need for sophisticated lighting among exhibition, museum, and gallery owners for improved lighting applications is one of the driving forces behind the rapid growth of the commercial building industry around the world and is anticipated to promote market expansion. The demand for high-luminance LED lights is expanding predominantly owing to the requirements for office lighting to conform to government regulations and norms, which is boosting the expansion of the market.

Global LED Lighting market share and size, 2023

The residential market is growing worldwide, which has increased demand for LED floor lamps, architectural LED lamps, cabinet lights, etc. The LEDs used in domestic places have an efficiency of above 90-100 lumens per watt. Additionally, industrialized countries employ a lot of LEDs with an intensity of 110 lm/W -130 lm/W. It is therefore projected that quick advancements in LED efficiency will aid in the growth of the target market.

Regional Insights

Asia Pacific accounted for the largest revenue share of around 43.0% in 2022.  Over the forecast period, the market is expected to witness consistent growth. LED lighting demand is expected to grow due to the governments expand their energy-saving measures and infrastructure projects in emerging countries rapidly.  It is anticipated that the growing infrastructure in countries such as, China, Japan, and India, with the numerous manufacturers concentrating on new product launches in these nations, would contribute to the growth of the regional market. Additionally, the regions' increasing use of smart home solutions is fostering an atmosphere that is conducive to the development of LED lighting. These factors collectively drive the growth of the Asia Pacific LED lighting market.

LED Lighting Market Trends, by Region, 2024 - 2030

China LED Lighting Market Trends

The LED lighting market in China is projected to grow at a CAGR of 11.4% from 2023 to 2030. China is home to various key players, including Guangdong R&C Lighting Technology Co.; GS LIGHT; and FOSHAN ELECTRICAL AND LIGHTING Co., LTD, operating in the LED lighting market. Another major factor fueling the growth of the market in China is its manufacturing capability, which reduces the cost of the LED lighting solution.

The LED lighting market in Japanis projected to grow at a CAGR of 12.2% from 2023 to 2030. The growth of the Japanese LED lighting market can be attributed to the launching of LED lighting solutions by Japanese companies, which help reduce the cost of the LED lighting solution. For instance, in June 2023, ENDO Lighting Corporation, a Japanese lighting solution provider, introduced Synca. Synca Lights offer multi-functional solutions for commercial and residential spaces.

The LED lighting market in India is projected to grow at a CAGR of 12.4% from 2023 to 2030. The growth of the India LED lighting market can be attributed to companies based in the country coming up with advanced lighting systems such as smart lighting.

Europe LED Lighting Market Trends

The LED lighting market in Europe is growing significantly at a CAGR of 9.3% from 2023 to 2030. Europe is proactive in promoting energy conservation and reducing e-waste, among other things. Since LED lighting solutions tick both boxes, the adoption of LED lighting solutions in the region is expected to grow over the forecast period.

The LED lighting market in U.K. is growing significantly at a CAGR of 9.2% from 2023 to 2030.  The U.K. government 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.

The LED lighting market in Germany is growing significantly at a CAGR of 8.8% from 2023 to 2030. The growth of the German LED lighting market can be attributed to the adoption of LED lighting in the automotive sector and the increasing strategic initiatives such as partnerships, mergers, and acquisitions.

The LED lighting market in Franceis growing significantly at a CAGR of 12.4% from 2023 to 2030. Smart lighting solutions that combine modern control systems and networking are also being adopted in France. Moreover, online control, machine learning, and modification of lighting settings are readily accessible with smart lighting. Therefore, driving the growth of the France LED lighting market.

North America LED Lighting Market

The demand for LED lighting in the North America region is growing significantly, with a CAGR nearly of 8.5% from 2023 to 2030. The introduction of smart lighting solutions, which enables remote operation, automated processes, and energy usage monitoring via mobile applications or additional connected gadgets, has boosted the growth of the North America LED lighting market. Furthermore, the proliferation of the Internet of Things (IoT) and LED lighting integration has created new opportunities for lighting system customization and energy efficiency.

Middle East & Africa LED Lighting Market Trends

Middle East & Africa LED lighting market is anticipated to witness significant growth at a CAGR of 11.0% from 2023 to 2030. The region has been witnessing the increasing adoption of LED lighting technology owing to initiatives from the government to install energy-efficient lighting in the country. For instance, in June 2023, Shoprite Holdings Ltd., a South African retailer, announced that the company saved USD 17.5 Billion in electricity costs in the financial year 2022/2023, owing to the installation of LED lightbulbs across its stores, which are located across 11 African countries. The company announced the installation of 1,001,932 LED lightbulbs across 1,647 distribution centers and supermarkets. Such initiatives are expected to propel the growth of the Middle East & Africa LED lighting market.

Saudi Arabia LED lighting market is anticipated to witness significant growth from 2023 to 2030. The growth of the Saudi Arabia LED lighting market can be attributed to factors such as improving infrastructure, rising purchasing, improving supply chain networks, and increasing automotive sales.

Key LED Lighting Company Insights

Some of the key players operating in the market include Signify Holding, Acuity Brands, Inc., and Dialight.

  • Acuity Brands Lighting, Inc. is a provider of building and lighting technology solutions and services. Its product portfolio includes lighting controls, lighting components, prismatic skylights, power supplies, fluorescent, LED lighting products, high-intensity discharge, and embedded and standalone light control solutions.

  • Signify Holding’s product portfolio includes IoT-based lighting products for residential and commercial customers. The company sells its products under various brands, such as Philips, Interact, WiZ, and Color Kinetics, among others. The product portfolio of the company includes professional lights, indoor luminaires, outdoor luminaires, and consumer lights.

Halonix Technologies Private Limited, Nanoleaf, and YEELIGHT, are some of the emerging market participants in the LED lighting market.

  • Halonix Technologies Private Limited offers various LEDs with special functionalities, such as LED inverter bulbs, LED speaker bulbs, LED radar motion bulbs, and LED all-rounder bulbs, among others.

  • YEELIGHT specializes in designing, developing, & distributing smart bulbs, light strips, and ambient lighting. It offers a Yeelight Fun product line for entertainment lighting, Yeelight Pro for professional lighting, and Yeelight Home for daily lamination.

Key LED Lighting Companies:

The following are the leading companies in the LED lighting market. These companies collectively hold the largest market share and dictate industry trends. Financials, strategy maps & products of these LED lighting companies are analyzed to map the supply network.

  • Acuity Brands, Inc.
  • Cree Lighting USA LLC
  • Dialight
  • Halonix Technologies Private Limited
  • Hubbell
  • LSI Industries Inc.
  • Nanoleaf
  • Panasonic Corporation
  • SAVANT TECHNOLOGIES LLC
  • Seoul Semiconductor Co., Ltd.
  • Signify Holding
  • Siteco GmbH
  • Syska
  • YEELIGHT
  • Zumtobel Group Ag

Recent Developments

  • In October 2023, YEELIGHT launched its new LED product, The Yeelight Beam, featuring a tabletop-style design with a headphone stand. This light is easy to set up and can be controlled with multiple smart control applications such as Apple HomeKit, Amazon Alexa, and Google.

  • In October 2023, electric company Halonix Technologies launched an LED bulb, UP-DOWN GLOW, featuring three switch-enabled modes in India. This light's dome, an upper part and stem, a lower part glows in multiple colors, enhancing the consumer's experience.

  • In September 2023, LED lighting provider US LED introduced a new series of outdoor LED luminaires, Right Choice, to improve the user's experience in sightseeing. The LED lighting design is contractor friendly as it poses trunnion mount, direct pole mount, and adjustable slip fitter.

  • In July 2023, Zumtobel introduced two intelligent lighting technology systems and three new luminaires in its product portfolio. These cutting-edge solutions include the TRAMAO pendant luminaire for hotels and offices, which effectually absorbs sound and delivers the highest light quality, and the SLOTLIGHT infinity II light line family.

  • In May 2023, Dialight announced the launch of its industry-leading 7-year warranty for Aviation Obstruction Lighting Solutions. This initiative highlighted the company’s commitment to both customer satisfaction and product quality in the LED lighting market.

  • In May 2023, Zumtobel launched the all-new high-accuracy positioning luminaires. These new luminaires are integrated with IoT for smart analyses in logistic, retail, and industrial applications.

  • In May 2023, Dialight launched the ProSite High Mast, an extension of the company’s ProSite Floodlight series. This advanced solution is a precision-engineered LED lighting fixture purposed to support mounting heights of up to 130 feet for diverse outdoor industrial applications, including airports, rail yards, container yards, transport, parking lots, product stockpiles, and perimeter lighting.

  • In April 2023, Cree Lighting unveiled the launch of its OSQ Series C mid-power LED Area and Flood luminaires. These solutions feature the groundbreaking NanoComfort Technology, delivering matchless efficiency, astonishing visual comfort, precise control, reduced wind load requirements, and ease of installation.

LED Lighting Market Report Scope

Report Attribute

Details

Market size value in 2023

USD 81.48 billion

Revenue forecast in 2030

USD 168.87 billion

Growth rate

CAGR of 11.0% from 2023 to 2030

Actual data

2018 - 2023

Forecast period

2024 - 2030

Quantitative units

Revenue in USD billion and CAGR from 2023 to 2030

Report coverage

Revenue forecast, company market share, competitive landscape, growth factors, and trends

Segments covered

Product, application, installation type, sales channel, end-use

Regional scope

North America; Europe; Asia Pacific; Latin America; Middle East & Africa (MEA)

Country scope

U.S.; Canada; U.K.; Germany; France; China; India; Japan; Australia; South Korea; Brazil; Mexico; UAE; South Africa; Saudi Arabia

Key companies profiled

Acuity Brands, Inc.; Cree Lighting USA LLC; Dialight; Halonix Technologies Private Limited; Hubbell; LSI Industries Inc.; Nanoleaf; Panasonic Corporation; SAVANT TECHNOLOGIES LLC; Seoul Semiconductor Co., Ltd.; Signify Holding; Siteco GmbH; Syska; YEELIGHT; Zumtobel Group Ag

Customization scope

Free report customization (equivalent to up to 8 analyst working days) with purchase. Addition or alteration to country, regional, and segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Global LED Lighting Market Report Segmentation

This report forecasts revenue growth at global, regional & country levels and provides an analysis of industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this report, Grand View Research has segmented the global LED lighting market based on product, application, installation type, sales channel, end use, and region:

  • Product Outlook (Revenue, USD Billion; 2018 - 2030)

    • Lamps

      • A-Lamps

      • T-Lamps

      • Other

    • Luminaires

      • Streetlights

      • Downlights

      • Troffers

      • Others

  • Application Outlook (Revenue, USD Billion; 2018 - 2030)

    • Indoor

    • Outdoor

  • Installation Type Outlook (Revenue, USD Billion; 2018 - 2030)

    • New LED

    • Retrofit LED

  • Sales Channel Outlook (Revenue, USD Billion; 2018 - 2030)

    • Online

    • Offline

  • End-use Outlook (Revenue, USD Billion; 2018 - 2030)

    • Commercial

    • Residential

    • Industrial

    • Others

  • Regional Outlook (Revenue, USD Billion; 2018 - 2030)

    • North America

      • U.S.

      • Canada

    • Europe

      • U.K.

      • Germany

      • France

    • Asia Pacific

      • China

      • Japan

      • India

      • Australia

      • South Korea

    • Latin America

      • Brazil

      • Mexico

    • Middle East & Africa (MEA)

      • UAE

      • Saudi Arabia

      • South Africa

Frequently Asked Questions About This Report

Table of Contents

Chapter 1. LED Lighting Market: Methodology and Scope
                   1.1. Market Segmentation and Scope
                   1.2. Market Definitions
                   1.3. Research Methodology
                       1.3.1. Information Procurement
                       1.3.2. Information or Data Analysis
                       1.3.3. Market Formulation & Data Visualization
                       1.3.4. Data Validation & Publishing
                   1.4. Research Scope and Assumptions
                       1.4.1. List of Data Sources
Chapter 2. LED Lighting Market: Executive Summary
                   2.1. Market Outlook
                   2.2. Segment Outlook
                   2.3. Competitive Insights
Chapter 3. LED Lighting Market: Variables, Trends & Scope
                   3.1. Market Introduction/Lineage Outlook
                   3.2. Industry Value Chain Analysis
                   3.3. Market Dynamics
                       3.3.1. Market Drivers Analysis
                       3.3.2. Market Restraints Analysis
                       3.3.3. Market Opportunity Analysis
                   3.4. LED Lighting Market Analysis Tools
                       3.4.1. Porter’s Analysis
                           3.4.1.1. Bargaining power of the suppliers
                           3.4.1.2. Bargaining power of the buyers
                           3.4.1.3. Threats of substitution
                           3.4.1.4. Threats from new entrants
                           3.4.1.5. Competitive rivalry
                       3.4.2. PESTEL Analysis
                           3.4.2.1. Political landscape
                           3.4.2.2. Economic and Social landscape
                           3.4.2.3. Technological landscape
                           3.4.2.4. Environmental landscape
                           3.4.2.5. Legal landscape
Chapter 4. LED Lighting Market: Product Estimates & Trend Analysis
                   4.1. Segment Dashboard
                   4.2. LED Lighting Market: Product Movement Analysis, 2023 & 2030 (USD Billion)
                   4.3. Lamps
                       4.3.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                       4.3.2. A-Lamps
                           4.3.2.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                       4.3.3. T-Lamps
                           4.3.3.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                       4.3.4. Other
                           4.3.4.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                   4.4. Luminaires
                       4.4.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                       4.4.2. Streetlights
                           4.4.2.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                       4.4.3. Downlights
                           4.4.3.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                       4.4.4. Troffers
                           4.4.4.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                       4.4.5. Others
                           4.4.5.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 5. LED Lighting Market: Application Estimates & Trend Analysis
                   5.1. Segment Dashboard
                   5.2. LED Lighting Market: Application Movement Analysis, 2023 & 2030 (USD Billion)
                   5.3. Indoor
                       5.3.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                   5.4. Outdoor
                       5.4.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 6. LED Lighting Market: Installation Type Estimates & Trend Analysis
                   6.1. Segment Dashboard
                   6.2. LED Lighting Market: Installation Type Movement Analysis, 2023 & 2030 (USD Billion)
                   6.3. New LED
                       6.3.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                   6.4. Retrofit LED
                       6.4.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 7. LED Lighting Market: Sales Channel Estimates & Trend Analysis
                   7.1. Segment Dashboard
                   7.2. LED Lighting Market: Sales Channel Movement Analysis, 2023 & 2030 (USD Billion)
                   7.3. Online
                       7.3.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                   7.4. Offline
                       7.4.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 8. LED Lighting Market: End Use Estimates & Trend Analysis
                   8.1. Segment Dashboard
                   8.2. LED Lighting Market: End Use Movement Analysis, 2023 & 2030 (USD Billion)
                   8.3. Commercial
                       8.3.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                   8.4. Residential
                       8.4.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                   8.5. Industrial
                       8.5.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                   8.6. Others
                       8.6.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 9. LED Lighting Market: Regional Estimates & Trend Analysis
                   9.1. LED Lighting Market Share by Region, 2023 & 2030 (USD Billion)
                   9.2. North America
                       9.2.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                       9.2.2. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
                           9.2.2.1. Market Size Estimates and Forecasts by Lamps, 2018 - 2030 (USD Billion)
                           9.2.2.2. Market Size Estimates and Forecasts by Luminaires, 2018 - 2030 (USD Billion)
                       9.2.3. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
                       9.2.4. Market Size Estimates and Forecasts by Installation Type, 2018 - 2030 (USD Billion)
                       9.2.5. Market Size Estimates and Forecasts by Sales Channel, 2018 - 2030 (USD Billion)
                       9.2.6. Market Size Estimates and Forecasts by End Use, 2018 - 2030 (USD Billion)
                       9.2.7. U.S.
                           9.2.7.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                           9.2.7.2. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
                               9.2.7.2.1. Market Size Estimates and Forecasts by Lamps, 2018 - 2030 (USD Billion)
                               9.2.7.2.2. Market Size Estimates and Forecasts by Luminaires, 2018 - 2030 (USD Billion)
                           9.2.7.3. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
                           9.2.7.4. Market Size Estimates and Forecasts by Installation Type, 2018 - 2030 (USD Billion)
                           9.2.7.5. Market Size Estimates and Forecasts by Sales Channel, 2018 - 2030 (USD Billion)
                           9.2.7.6. Market Size Estimates and Forecasts by End Use, 2018 - 2030 (USD Billion)
                       9.2.8. Canada
                           9.2.8.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                           9.2.8.2. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
                               9.2.8.2.1. Market Size Estimates and Forecasts by Lamps, 2018 - 2030 (USD Billion)
                               9.2.8.2.2. Market Size Estimates and Forecasts by Luminaires, 2018 - 2030 (USD Billion)
                           9.2.8.3. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
                           9.2.8.4. Market Size Estimates and Forecasts by Installation Type, 2018 - 2030 (USD Billion)
                           9.2.8.5. Market Size Estimates and Forecasts by Sales Channel, 2018 - 2030 (USD Billion)
                           9.2.8.6. Market Size Estimates and Forecasts by End Use, 2018 - 2030 (USD Billion)
                   9.3. Europe
                       9.3.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                       9.3.2. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
                           9.3.2.1. Market Size Estimates and Forecasts by Lamps, 2018 - 2030 (USD Billion)
                           9.3.2.2. Market Size Estimates and Forecasts by Luminaires, 2018 - 2030 (USD Billion)
                       9.3.3. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
                       9.3.4. Market Size Estimates and Forecasts by Installation Type, 2018 - 2030 (USD Billion)
                       9.3.5. Market Size Estimates and Forecasts by Sales Channel, 2018 - 2030 (USD Billion)
                       9.3.6. Market Size Estimates and Forecasts by End Use, 2018 - 2030 (USD Billion)
                       9.3.7. U.K.
                           9.3.7.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                           9.3.7.2. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
                               9.3.7.2.1. Market Size Estimates and Forecasts by Lamps, 2018 - 2030 (USD Billion)
                               9.3.7.2.2. Market Size Estimates and Forecasts by Luminaires, 2018 - 2030 (USD Billion)
                           9.3.7.3. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
                           9.3.7.4. Market Size Estimates and Forecasts by Installation Type, 2018 - 2030 (USD Billion)
                           9.3.7.5. Market Size Estimates and Forecasts by Sales Channel, 2018 - 2030 (USD Billion)
                           9.3.7.6. Market Size Estimates and Forecasts by End Use, 2018 - 2030 (USD Billion)
                       9.3.8. Germany
                           9.3.8.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                           9.3.8.2. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
                               9.3.8.2.1. Market Size Estimates and Forecasts by Lamps, 2018 - 2030 (USD Billion)
                               9.3.8.2.2. Market Size Estimates and Forecasts by Luminaires, 2018 - 2030 (USD Billion)
                           9.3.8.3. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
                           9.3.8.4. Market Size Estimates and Forecasts by Installation Type, 2018 - 2030 (USD Billion)
                           9.3.8.5. Market Size Estimates and Forecasts by Sales Channel, 2018 - 2030 (USD Billion)
                           9.3.8.6. Market Size Estimates and Forecasts by End Use, 2018 - 2030 (USD Billion)
                       9.3.9. France
                           9.3.9.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                           9.3.9.2. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
                               9.3.9.2.1. Market Size Estimates and Forecasts by Lamps, 2018 - 2030 (USD Billion)
                               9.3.9.2.2. Market Size Estimates and Forecasts by Luminaires, 2018 - 2030 (USD Billion)
                           9.3.9.3. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
                           9.3.9.4. Market Size Estimates and Forecasts by Installation Type, 2018 - 2030 (USD Billion)
                           9.3.9.5. Market Size Estimates and Forecasts by Sales Channel, 2018 - 2030 (USD Billion)
                           9.3.9.6. Market Size Estimates and Forecasts by End Use, 2018 - 2030 (USD Billion)
                   9.4. Asia Pacific
                       9.4.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                       9.4.2. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
                           9.4.2.1. Market Size Estimates and Forecasts by Lamps, 2018 - 2030 (USD Billion)
                           9.4.2.2. Market Size Estimates and Forecasts by Luminaires, 2018 - 2030 (USD Billion)
                       9.4.3. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
                       9.4.4. Market Size Estimates and Forecasts by Installation Type, 2018 - 2030 (USD Billion)
                       9.4.5. Market Size Estimates and Forecasts by Sales Channel, 2018 - 2030 (USD Billion)
                       9.4.6. Market Size Estimates and Forecasts by End Use, 2018 - 2030 (USD Billion)
                       9.4.7. China
                           9.4.7.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                           9.4.7.2. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
                               9.4.7.2.1. Market Size Estimates and Forecasts by Lamps, 2018 - 2030 (USD Billion)
                               9.4.7.2.2. Market Size Estimates and Forecasts by Luminaires, 2018 - 2030 (USD Billion)
                           9.4.7.3. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
                           9.4.7.4. Market Size Estimates and Forecasts by Installation Type, 2018 - 2030 (USD Billion)
                           9.4.7.5. Market Size Estimates and Forecasts by Sales Channel, 2018 - 2030 (USD Billion)
                           9.4.7.6. Market Size Estimates and Forecasts by End Use, 2018 - 2030 (USD Billion)
                       9.4.8. India
                           9.4.8.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                           9.4.8.2. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
                               9.4.8.2.1. Market Size Estimates and Forecasts by Lamps, 2018 - 2030 (USD Billion)
                               9.4.8.2.2. Market Size Estimates and Forecasts by Luminaires, 2018 - 2030 (USD Billion)
                           9.4.8.3. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
                           9.4.8.4. Market Size Estimates and Forecasts by Installation Type, 2018 - 2030 (USD Billion)
                           9.4.8.5. Market Size Estimates and Forecasts by Sales Channel, 2018 - 2030 (USD Billion)
                           9.4.8.6. Market Size Estimates and Forecasts by End Use, 2018 - 2030 (USD Billion)
                       9.4.9. Japan
                           9.4.9.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                           9.4.9.2. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
                               9.4.9.2.1. Market Size Estimates and Forecasts by Lamps, 2018 - 2030 (USD Billion)
                               9.4.9.2.2. Market Size Estimates and Forecasts by Luminaires, 2018 - 2030 (USD Billion)
                           9.4.9.3. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
                           9.4.9.4. Market Size Estimates and Forecasts by Installation Type, 2018 - 2030 (USD Billion)
                           9.4.9.5. Market Size Estimates and Forecasts by Sales Channel, 2018 - 2030 (USD Billion)
                           9.4.9.6. Market Size Estimates and Forecasts by End Use, 2018 - 2030 (USD Billion)
                       9.4.10. Australia
                           9.4.10.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                           9.4.10.2. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
                               9.4.10.2.1. Market Size Estimates and Forecasts by Lamps, 2018 - 2030 (USD Billion)
                               9.4.10.2.2. Market Size Estimates and Forecasts by Luminaires, 2018 - 2030 (USD Billion)
                           9.4.10.3. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
                           9.4.10.4. Market Size Estimates and Forecasts by Installation Type, 2018 - 2030 (USD Billion)
                           9.4.10.5. Market Size Estimates and Forecasts by Sales Channel, 2018 - 2030 (USD Billion)
                           9.4.10.6. Market Size Estimates and Forecasts by End Use, 2018 - 2030 (USD Billion)
                       9.4.11. South Korea
                           9.4.11.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                           9.4.11.2. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
                               9.4.11.2.1. Market Size Estimates and Forecasts by Lamps, 2018 - 2030 (USD Billion)
                               9.4.11.2.2. Market Size Estimates and Forecasts by Luminaires, 2018 - 2030 (USD Billion)
                           9.4.11.3. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
                           9.4.11.4. Market Size Estimates and Forecasts by Installation Type, 2018 - 2030 (USD Billion)
                           9.4.11.5. Market Size Estimates and Forecasts by Sales Channel, 2018 - 2030 (USD Billion)
                           9.4.11.6. Market Size Estimates and Forecasts by End Use, 2018 - 2030 (USD Billion)
                   9.5. Latin America
                       9.5.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                       9.5.2. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
                           9.5.2.1. Market Size Estimates and Forecasts by Lamps, 2018 - 2030 (USD Billion)
                           9.5.2.2. Market Size Estimates and Forecasts by Luminaires, 2018 - 2030 (USD Billion)
                       9.5.3. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
                       9.5.4. Market Size Estimates and Forecasts by Installation Type, 2018 - 2030 (USD Billion)
                       9.5.5. Market Size Estimates and Forecasts by Sales Channel, 2018 - 2030 (USD Billion)
                       9.5.6. Market Size Estimates and Forecasts by End Use, 2018 - 2030 (USD Billion)
                       9.5.7. Brazil
                           9.5.7.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                           9.5.7.2. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
                               9.5.7.2.1. Market Size Estimates and Forecasts by Lamps, 2018 - 2030 (USD Billion)
                               9.5.7.2.2. Market Size Estimates and Forecasts by Luminaires, 2018 - 2030 (USD Billion)
                           9.5.7.3. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
                           9.5.7.4. Market Size Estimates and Forecasts by Installation Type, 2018 - 2030 (USD Billion)
                           9.5.7.5. Market Size Estimates and Forecasts by Sales Channel, 2018 - 2030 (USD Billion)
                           9.5.7.6. Market Size Estimates and Forecasts by End Use, 2018 - 2030 (USD Billion)
                       9.5.8. Mexico
                           9.5.8.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                           9.5.8.2. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
                               9.5.8.2.1. Market Size Estimates and Forecasts by Lamps, 2018 - 2030 (USD Billion)
                               9.5.8.2.2. Market Size Estimates and Forecasts by Luminaires, 2018 - 2030 (USD Billion)
                           9.5.8.3. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
                           9.5.8.4. Market Size Estimates and Forecasts by Installation Type, 2018 - 2030 (USD Billion)
                           9.5.8.5. Market Size Estimates and Forecasts by Sales Channel, 2018 - 2030 (USD Billion)
                           9.5.8.6. Market Size Estimates and Forecasts by End Use, 2018 - 2030 (USD Billion)
                   9.6. Middle East & Africa
                       9.6.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                       9.6.2. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
                           9.6.2.1. Market Size Estimates and Forecasts by Lamps, 2018 - 2030 (USD Billion)
                           9.6.2.2. Market Size Estimates and Forecasts by Luminaires, 2018 - 2030 (USD Billion)
                       9.6.3. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
                       9.6.4. Market Size Estimates and Forecasts by Installation Type, 2018 - 2030 (USD Billion)
                       9.6.5. Market Size Estimates and Forecasts by Sales Channel, 2018 - 2030 (USD Billion)
                       9.6.6. Market Size Estimates and Forecasts by End Use, 2018 - 2030 (USD Billion)
                       9.6.7. UAE
                           9.6.7.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                           9.6.7.2. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
                               9.6.7.2.1. Market Size Estimates and Forecasts by Lamps, 2018 - 2030 (USD Billion)
                               9.6.7.2.2. Market Size Estimates and Forecasts by Luminaires, 2018 - 2030 (USD Billion)
                           9.6.7.3. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
                           9.6.7.4. Market Size Estimates and Forecasts by Installation Type, 2018 - 2030 (USD Billion)
                           9.6.7.5. Market Size Estimates and Forecasts by Sales Channel, 2018 - 2030 (USD Billion)
                           9.6.7.6. Market Size Estimates and Forecasts by End Use, 2018 - 2030 (USD Billion)
                       9.6.8. Saudi Arabia
                           9.6.8.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                           9.6.8.2. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
                               9.6.8.2.1. Market Size Estimates and Forecasts by Lamps, 2018 - 2030 (USD Billion)
                               9.6.8.2.2. Market Size Estimates and Forecasts by Luminaires, 2018 - 2030 (USD Billion)
                           9.6.8.3. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
                           9.6.8.4. Market Size Estimates and Forecasts by Installation Type, 2018 - 2030 (USD Billion)
                           9.6.8.5. Market Size Estimates and Forecasts by Sales Channel, 2018 - 2030 (USD Billion)
                           9.6.8.6. Market Size Estimates and Forecasts by End Use, 2018 - 2030 (USD Billion)
                       9.6.9. South Africa
                           9.6.9.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
                           9.6.9.2. Market Size Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
                               9.6.9.2.1. Market Size Estimates and Forecasts by Lamps, 2018 - 2030 (USD Billion)
                               9.6.9.2.2. Market Size Estimates and Forecasts by Luminaires, 2018 - 2030 (USD Billion)
                           9.6.9.3. Market Size Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
                           9.6.9.4. Market Size Estimates and Forecasts by Installation Type, 2018 - 2030 (USD Billion)
                           9.6.9.5. Market Size Estimates and Forecasts by Sales Channel, 2018 - 2030 (USD Billion)
                           9.6.9.6. Market Size Estimates and Forecasts by End Use, 2018 - 2030 (USD Billion)
Chapter 10. Competitive Landscape
                   10.1. Recent Developments & Impact Analysis by Key Market Participants
                   10.2. Company Categorization
                   10.3. Company Market Positioning
                   10.4. Company Market Share Analysis
                   10.5. Company Heat Map Analysis
                   10.6. Strategy Mapping
                       10.6.1. Expansion
                       10.6.2. Mergers & Acquisition
                       10.6.3. Partnerships & Collaborations
                       10.6.4. New Product Launches
                       10.6.5. Research And Development
                   10.7. Company Profiles
                       10.7.1. Acuity Brands, Inc.
                           10.7.1.1. Participant’s Overview
                           10.7.1.2. Financial Performance
                           10.7.1.3. Product Benchmarking
                           10.7.1.4. Recent Developments
                       10.7.2. Cree Lighting USA LLC
                           10.7.2.1. Participant’s Overview
                           10.7.2.2. Financial Performance
                           10.7.2.3. Product Benchmarking
                           10.7.2.4. Recent Developments
                       10.7.3. Dialight
                           10.7.3.1. Participant’s Overview
                           10.7.3.2. Financial Performance
                           10.7.3.3. Product Benchmarking
                           10.7.3.4. Recent Developments
                       10.7.4. Halonix Technologies Private Limited
                           10.7.4.1. Participant’s Overview
                           10.7.4.2. Financial Performance
                           10.7.4.3. Product Benchmarking
                           10.7.4.4. Recent Developments
                       10.7.5. Hubbell
                           10.7.5.1. Participant’s Overview
                           10.7.5.2. Financial Performance
                           10.7.5.3. Product Benchmarking
                           10.7.5.4. Recent Developments
                       10.7.6. LSI Industries Inc.
                           10.7.6.1. Participant’s Overview
                           10.7.6.2. Financial Performance
                           10.7.6.3. Product Benchmarking
                           10.7.6.4. Recent Developments
                       10.7.7. Nanoleaf
                           10.7.7.1. Participant’s Overview
                           10.7.7.2. Financial Performance
                           10.7.7.3. Product Benchmarking
                           10.7.7.4. Recent Developments
                       10.7.8. Panasonic Corporation
                           10.7.8.1. Participant’s Overview
                           10.7.8.2. Financial Performance
                           10.7.8.3. Product Benchmarking
                           10.7.8.4. Recent Developments
                       10.7.9. SAVANT TECHNOLOGIES LLC
                           10.7.9.1. Participant’s Overview
                           10.7.9.2. Financial Performance
                           10.7.9.3. Product Benchmarking
                           10.7.9.4. Recent Developments
                       10.7.10. Seoul Semiconductor Co., Ltd.
                           10.7.10.1. Participant’s Overview
                           10.7.10.2. Financial Performance
                           10.7.10.3. Product Benchmarking
                           10.7.10.4. Recent Developments
                       10.7.11. Signify Holding
                           10.7.11.1. Participant’s Overview
                           10.7.11.2. Financial Performance
                           10.7.11.3. Product Benchmarking
                           10.7.11.4. Recent Developments
                       10.7.12. Siteco GmbH
                           10.7.12.1. Participant’s Overview
                           10.7.12.2. Financial Performance
                           10.7.12.3. Product Benchmarking
                           10.7.12.4. Recent Developments
                       10.7.13. Syska
                           10.7.13.1. Participant’s Overview
                           10.7.13.2. Financial Performance
                           10.7.13.3. Product Benchmarking
                           10.7.13.4. Recent Developments
                       10.7.14. YEELIGHT
                           10.7.14.1. Participant’s Overview
                           10.7.14.2. Financial Performance
                           10.7.14.3. Product Benchmarking
                           10.7.14.4. Recent Developments
                       10.7.15. Zumtobel Group Ag
                           10.7.15.1. Participant’s Overview
                           10.7.15.2. Financial Performance
                           10.7.15.3. Product Benchmarking
                           10.7.15.4. Recent Developments


List of Tables

Table 1 LED lighting market 2018 - 2030 (USD Billion)
Table 2 Global LED lighting market estimates and forecasts by region, 2018 - 2030 (USD Billion)
Table 3 Global LED lighting market estimates and forecasts by products, 2018 - 2030 (USD Billion)
Table 4 Global LED lighting market estimates and forecasts by lamps, 2018 - 2030 (USD Billion)
Table 5 Global LED lighting market estimates and forecasts by luminaires, 2018 - 2030 (USD Billion)
Table 6 Global LED lighting market estimates and forecasts by application, 2018 - 2030 (USD Billion)
Table 7 Global LED lighting market estimates and forecasts by installaiton type, 2018 - 2030 (USD Billion)
Table 8 Global LED lighting market estimates and forecasts by sales channel, 2018 - 2030 (USD Billion)
Table 9 Global LED lighting market estimates and forecasts by end use, 2018 - 2030 (USD Billion)
Table 10 Products market by region, 2018 - 2030 (USD Billion)
Table 11 Lamps market by region, 2018 - 2030 (USD Billion)
Table 12 A-Lamps market by region, 2018 - 2030 (USD Billion)
Table 13 T-Lamps market by region, 2018 - 2030 (USD Billion)
Table 14 Other market by region, 2018 - 2030 (USD Billion)
Table 15 Luminaires market by region, 2018 - 2030 (USD Billion)
Table 16 Streetlights market by region, 2018 - 2030 (USD Billion)
Table 17 Downlights market by region, 2018 - 2030 (USD Billion)
Table 18 Troffers market by region, 2018 - 2030 (USD Billion)
Table 19 Others market by region, 2018 - 2030 (USD Billion)
Table 20 Application market by region, 2018 - 2030 (USD Billion)
Table 21 Indoor market by region, 2018 - 2030 (USD Billion)
Table 22 Outdoor market by region, 2018 - 2030 (USD Billion)
Table 23 Installation type market by region, 2018 - 2030 (USD Billion)
Table 24 New LED market by region, 2018 - 2030 (USD Billion)
Table 25 Retrofit LED market by region, 2018 - 2030 (USD Billion)
Table 26 Sales channel market by region, 2018 - 2030 (USD Billion)
Table 27 Online market by region, 2018 - 2030 (USD Billion)
Table 28 Offline market by region, 2018 - 2030 (USD Billion)
Table 29 End-use market by region, 2018 - 2030 (USD Billion)
Table 30 Commercial market by region, 2018 - 2030 (USD Billion)
Table 31 Residential market by region, 2018 - 2030 (USD Billion)
Table 32 Industrial market by region, 2018 - 2030 (USD Billion)
Table 33 Others market by region, 2018 - 2030 (USD Billion)
Table 34 North America LED lighting market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 35 North America LED lighting market, by lamps, 2018 - 2030 (Revenue, USD Billion)
Table 36 North America LED lighting market, by luminaires, 2018 - 2030 (Revenue, USD Billion)
Table 37 North America LED lighting market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 38 North America LED lighting market, by installation type, 2018 - 2030 (Revenue, USD Billion)
Table 39 North America LED lighting market, by sales channel, 2018 - 2030 (Revenue, USD Billion)
Table 40 North America LED lighting market, by end use, 2018 - 2030 (Revenue, USD Billion)
Table 41 U.S. LED lighting market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 42 U.S. LED lighting market, by lamps, 2018 - 2030 (Revenue, USD Billion)
Table 43 U.S. LED lighting market, by luminaires, 2018 - 2030 (Revenue, USD Billion)
Table 44 U.S. LED lighting market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 45 U.S. LED lighting market, by installation type, 2018 - 2030 (Revenue, USD Billion)
Table 46 U.S. LED lighting market, by sales channel, 2018 - 2030 (Revenue, USD Billion)
Table 47 U.S. LED lighting market, by end use, 2018 - 2030 (Revenue, USD Billion)
Table 48 Canada LED lighting market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 49 Canada LED lighting market, by lamps, 2018 - 2030 (Revenue, USD Billion)
Table 50 Canada LED lighting market, by luminaires, 2018 - 2030 (Revenue, USD Billion)
Table 51 Canada LED lighting market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 52 Canada LED lighting market, by installation type, 2018 - 2030 (Revenue, USD Billion)
Table 53 Canada LED lighting market, by sales channel, 2018 - 2030 (Revenue, USD Billion)
Table 54 Canada LED lighting market, by end use, 2018 - 2030 (Revenue, USD Billion)
Table 55 Europe LED lighting market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 56 Europe LED lighting market, by lamps, 2018 - 2030 (Revenue, USD Billion)
Table 57 Europe LED lighting market, by luminaires, 2018 - 2030 (Revenue, USD Billion)
Table 58 Europe LED lighting market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 59 Europe LED lighting market, by installation type, 2018 - 2030 (Revenue, USD Billion)
Table 60 Europe LED lighting market, by sales channel, 2018 - 2030 (Revenue, USD Billion)
Table 61 Europe LED lighting market, by end use, 2018 - 2030 (Revenue, USD Billion)
Table 62 U.K. LED lighting market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 63 U.K. LED lighting market, by lamps, 2018 - 2030 (Revenue, USD Billion)
Table 64 U.K. LED lighting market, by luminaires, 2018 - 2030 (Revenue, USD Billion)
Table 65 U.K. LED lighting market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 66 U.K. LED lighting market, by installation type, 2018 - 2030 (Revenue, USD Billion)
Table 67 U.K. LED lighting market, by sales channel, 2018 - 2030 (Revenue, USD Billion)
Table 68 U.K. LED lighting market, by end use, 2018 - 2030 (Revenue, USD Billion)
Table 69 Germany LED lighting market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 70 Germany LED lighting market, by lamps, 2018 - 2030 (Revenue, USD Billion)
Table 71 Germany LED lighting market, by luminaires, 2018 - 2030 (Revenue, USD Billion)
Table 72 Germany LED lighting market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 73 Germany LED lighting market, by installation type, 2018 - 2030 (Revenue, USD Billion)
Table 74 Germany LED lighting market, by sales channel, 2018 - 2030 (Revenue, USD Billion)
Table 75 Germany LED lighting market, by end use, 2018 - 2030 (Revenue, USD Billion)
Table 76 France LED lighting market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 77 France LED lighting market, by lamps, 2018 - 2030 (Revenue, USD Billion)
Table 78 France LED lighting market, by luminaires, 2018 - 2030 (Revenue, USD Billion)
Table 79 France LED lighting market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 80 France LED lighting market, by installation type, 2018 - 2030 (Revenue, USD Billion)
Table 81 France LED lighting market, by sales channel, 2018 - 2030 (Revenue, USD Billion)
Table 82 France LED lighting market, by end use, 2018 - 2030 (Revenue, USD Billion)
Table 83 Asia Pacific LED lighting market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 84 Asia Pacific LED lighting market, by lamps, 2018 - 2030 (Revenue, USD Billion)
Table 85 Asia Pacific LED lighting market, by luminaires, 2018 - 2030 (Revenue, USD Billion)
Table 86 Asia Pacific LED lighting market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 87 Asia Pacific LED lighting market, by installation type, 2018 - 2030 (Revenue, USD Billion)
Table 88 Asia Pacific LED lighting market, by sales channel, 2018 - 2030 (Revenue, USD Billion)
Table 89 Asia Pacific LED lighting market, by end use, 2018 - 2030 (Revenue, USD Billion)
Table 90 China LED lighting market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 91 China LED lighting market, by lamps, 2018 - 2030 (Revenue, USD Billion)
Table 92 China LED lighting market, by luminaires, 2018 - 2030 (Revenue, USD Billion)
Table 93 China LED lighting market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 94 China LED lighting market, by installation type, 2018 - 2030 (Revenue, USD Billion)
Table 95 China LED lighting market, by sales channel, 2018 - 2030 (Revenue, USD Billion)
Table 96 China LED lighting market, by end use, 2018 - 2030 (Revenue, USD Billion)
Table 97 India LED lighting market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 98 India LED lighting market, by lamps, 2018 - 2030 (Revenue, USD Billion)
Table 99 India LED lighting market, by luminaires, 2018 - 2030 (Revenue, USD Billion)
Table 100 India LED lighting market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 101 India LED lighting market, by installation type, 2018 - 2030 (Revenue, USD Billion)
Table 102 India LED lighting market, by sales channel, 2018 - 2030 (Revenue, USD Billion)
Table 103 India LED lighting market, by end use, 2018 - 2030 (Revenue, USD Billion)
Table 104 Japan LED lighting market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 105 Japan LED lighting market, by lamps, 2018 - 2030 (Revenue, USD Billion)
Table 106 Japan LED lighting market, by luminaires, 2018 - 2030 (Revenue, USD Billion)
Table 107 Japan LED lighting market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 108 Japan LED lighting market, by installation type, 2018 - 2030 (Revenue, USD Billion)
Table 109 Japan LED lighting market, by sales channel, 2018 - 2030 (Revenue, USD Billion)
Table 110 Japan LED lighting market, by end use, 2018 - 2030 (Revenue, USD Billion)
Table 111 Australia LED lighting market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 112 Australia LED lighting market, by lamps, 2018 - 2030 (Revenue, USD Billion)
Table 113 Australia LED lighting market, by luminaires, 2018 - 2030 (Revenue, USD Billion)
Table 114 Australia LED lighting market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 115 Australia LED lighting market, by installation type, 2018 - 2030 (Revenue, USD Billion)
Table 116 Australia LED lighting market, by sales channel, 2018 - 2030 (Revenue, USD Billion)
Table 117 Australia LED lighting market, by end use, 2018 - 2030 (Revenue, USD Billion)
Table 118 South Korea LED lighting market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 119 South Korea LED lighting market, by lamps, 2018 - 2030 (Revenue, USD Billion)
Table 120 South Korea LED lighting market, by luminaires, 2018 - 2030 (Revenue, USD Billion)
Table 121 South Korea LED lighting market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 122 South Korea LED lighting market, by installation type, 2018 - 2030 (Revenue, USD Billion)
Table 123 South Korea LED lighting market, by sales channel, 2018 - 2030 (Revenue, USD Billion)
Table 124 South Korea LED lighting market, by end use, 2018 - 2030 (Revenue, USD Billion)
Table 125 Latin America LED lighting market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 126 Latin America LED lighting market, by lamps, 2018 - 2030 (Revenue, USD Billion)
Table 127 Latin America LED lighting market, by luminaires, 2018 - 2030 (Revenue, USD Billion)
Table 128 Latin America LED lighting market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 129 Latin America LED lighting market, by installation type, 2018 - 2030 (Revenue, USD Billion)
Table 130 Latin America LED lighting market, by sales channel, 2018 - 2030 (Revenue, USD Billion)
Table 131 Latin America LED lighting market, by end use, 2018 - 2030 (Revenue, USD Billion)
Table 132 Brazil LED lighting market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 133 Brazil LED lighting market, by lamps, 2018 - 2030 (Revenue, USD Billion)
Table 134 Brazil LED lighting market, by luminaires, 2018 - 2030 (Revenue, USD Billion)
Table 135 Brazil LED lighting market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 136 Brazil LED lighting market, by installation type, 2018 - 2030 (Revenue, USD Billion)
Table 137 Brazil LED lighting market, by sales channel, 2018 - 2030 (Revenue, USD Billion)
Table 138 Brazil LED lighting market, by end use, 2018 - 2030 (Revenue, USD Billion)
Table 139 Mexico LED lighting market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 140 Mexico LED lighting market, by lamps, 2018 - 2030 (Revenue, USD Billion)
Table 141 Mexico LED lighting market, by luminaires, 2018 - 2030 (Revenue, USD Billion)
Table 142 Mexico LED lighting market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 143 Mexico LED lighting market, by installation type, 2018 - 2030 (Revenue, USD Billion)
Table 144 Mexico LED lighting market, by sales channel, 2018 - 2030 (Revenue, USD Billion)
Table 145 Mexico LED lighting market, by end use, 2018 - 2030 (Revenue, USD Billion)
Table 146 MEA LED lighting market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 147 MEA LED lighting market, by lamps, 2018 - 2030 (Revenue, USD Billion)
Table 148 MEA LED lighting market, by luminaires, 2018 - 2030 (Revenue, USD Billion)
Table 149 MEA LED lighting market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 150 MEA LED lighting market, by installation type, 2018 - 2030 (Revenue, USD Billion)
Table 151 MEA LED lighting market, by sales channel, 2018 - 2030 (Revenue, USD Billion)
Table 152 MEA LED lighting market, by end use, 2018 - 2030 (Revenue, USD Billion)
Table 153 UAE LED lighting market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 154 UAE LED lighting market, by lamps, 2018 - 2030 (Revenue, USD Billion)
Table 155 UAE LED lighting market, by luminaires, 2018 - 2030 (Revenue, USD Billion)
Table 156 UAE LED lighting market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 157 UAE LED lighting market, by installation type, 2018 - 2030 (Revenue, USD Billion)
Table 158 UAE LED lighting market, by sales channel, 2018 - 2030 (Revenue, USD Billion)
Table 159 UAE LED lighting market, by end use, 2018 - 2030 (Revenue, USD Billion)
Table 160 Saudi Arabia LED lighting market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 161 Saudi Arabia LED lighting market, by lamps, 2018 - 2030 (Revenue, USD Billion)
Table 162 Saudi Arabia LED lighting market, by luminaires, 2018 - 2030 (Revenue, USD Billion)
Table 163 Saudi Arabia LED lighting market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 164 Saudi Arabia LED lighting market, by installation type, 2018 - 2030 (Revenue, USD Billion)
Table 165 Saudi Arabia LED lighting market, by sales channel, 2018 - 2030 (Revenue, USD Billion)
Table 166 Saudi Arabia LED lighting market, by end use, 2018 - 2030 (Revenue, USD Billion)
Table 167 South Africa LED lighting market, by product, 2018 - 2030 (Revenue, USD Billion)
Table 168 South Africa LED lighting market, by lamps, 2018 - 2030 (Revenue, USD Billion)
Table 169 South Africa LED lighting market, by luminaires, 2018 - 2030 (Revenue, USD Billion)
Table 170 South Africa LED lighting market, by application, 2018 - 2030 (Revenue, USD Billion)
Table 171 South Africa LED lighting market, by installation type, 2018 - 2030 (Revenue, USD Billion)
Table 172 South Africa LED lighting market, by sales channel, 2018 - 2030 (Revenue, USD Billion)
Table 173 South Africa LED lighting market, by end use, 2018 - 2030 (Revenue, USD Billion)


List of Figures

Fig. 1 LED Lighting Market Segmentation
Fig. 2 Market landscape
Fig. 3 Information Procurement
Fig. 4 Data Analysis Models
Fig. 5 Market Formulation and Validation
Fig. 6 Data Validating & Publishing
Fig. 7 Market Snapshot
Fig. 8 Segment Snapshot (1/3)
Fig. 9 Segment Snapshot (2/3)
Fig. 10 Segment Snapshot (3/3)
Fig. 11 Competitive Landscape Snapshot
Fig. 12 LED Lighting Market: Industry Value Chain Analysis
Fig. 13 LED Lighting Market: Market Dynamics
Fig. 14 LED Lighting Market: PORTER’s Analysis
Fig. 15 LED Lighting Market: PESTEL Analysis
Fig. 16 LED Lighting Market Share by Product, 2023 & 2030 (USD Billion)
Fig. 17 Lamps Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 18 A-Lamps Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 19 T-Lamps Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 20 Other Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 21 Luminaires Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 22 Streetlights Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 23 Downlights Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 24 Troffers Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 25 Others Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 26 LED Lighting Market, by Application: Market Share, 2023 & 2030
Fig. 27 Indoor Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 28 Outdoor Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 29 LED Lighting Market, by Installation Type: Market Share, 2023 & 2030
Fig. 30 New LED Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 31 Retrofit LED Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 32 LED Lighting Market, by Sales Channel: Market Share, 2023 & 2030
Fig. 33 Online Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 34 Offline Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 35 LED Lighting Market, by End Use: Market Share, 2023 & 2030
Fig. 36 Commercial Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 37 Residential Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 38 Industrial Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 39 Others Market Estimates & Forecasts, 2018 - 2030 (Revenue, USD Billion)
Fig. 40 Regional Marketplace: Key Takeaways
Fig. 41 North America LED Lighting Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 42 U.S. LED Lighting Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 43 Canada LED Lighting Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 44 Europe LED Lighting Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 45 U.K. LED Lighting Market Estimates and Forecasts, 2018 - 2030) (USD Billion)
Fig. 46 Germany LED Lighting Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 47 France LED Lighting Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 48 Asia Pacific LED Lighting Market Estimates and Forecast, 2018 - 2030 (USD Billion)
Fig. 49 China LED Lighting Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 50 Japan LED Lighting Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 51 India LED Lighting Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 52 South Korea LED Lighting Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 53 Australia LED Lighting Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 54 Latin America LED Lighting Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 55 Brazil LED Lighting Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 56 Mexico LED Lighting Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 57 MEA LED Lighting Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 58 UAE LED Lighting Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 59 Saudi Arabia LED Lighting Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 60 South Korea LED Lighting Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Fig. 61 Key Company Categorization
Fig. 62 Company Market Positioning
Fig. 63 Key Company Market Share Analysis, 2023
Fig. 64 Strategic Framework

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Market Segmentation

  • LED Lighting Product Outlook (Revenue, USD Billion; 2018 - 2030)
    • Lamps
      • A-Lamps
      • T-Lamps
      • Other
    • Luminaires
      • Streetlights
      • Downlights
      • Troffers
      • Others
  • LED Lighting Application Outlook (Revenue, USD Billion; 2018 - 2030)
    • Indoor
    • Outdoor
  • LED Lighting Installation Type Outlook (Revenue, USD Billion; 2018 - 2030)
    • New LED
    • Retrofit LED
  • LED Lighting Sales Channel Outlook (Revenue, USD Billion; 2018 - 2030)
    • Online
    • Offline
  • LED Lighting End Use Outlook (Revenue, USD Billion; 2018 - 2030)
    • Commercial
    • Residential
    • Industrial
    • Others
  • LED Lighting Regional Outlook (Revenue, USD Billion; 2018 - 2030)
    • North America
      • North America LED Lighting Market, by Product
        • Lamps
          • A-Lamps
          • T-Lamps
          • Other
        • Luminaires
          • Streetlights
          • Downlights
          • Troffers
          • Others
      • North America LED Lighting Market, by Application
        • Indoor
        • Outdoor
      • North America LED Lighting Market, by Installation Type
        • New LED
        • Retrofit LED
      • North America LED Lighting Market, by Sales Channel
        • Online
        • Offline
      • North America LED Lighting Market, by End Use
        • Commercial
        • Residential
        • Industrial
        • Others
      • U.S.
        • U.S. LED Lighting Market, by Product
          • Lamps
            • A-Lamps
            • T-Lamps
            • Other
          • Luminaires
            • Streetlights
            • Downlights
            • Troffers
            • Others
        • U.S. LED Lighting Market, by Application
          • Indoor
          • Outdoor
        • U.S. LED Lighting Market, by Installation Type
          • New LED
          • Retrofit LED
        • U.S. LED Lighting Market, by Sales Channel
          • Online
          • Offline
        • U.S. LED Lighting Market, by End Use
          • Commercial
          • Residential
          • Industrial
          • Others
      • Canada
        • Canada LED Lighting Market, by Product
          • Lamps
            • A-Lamps
            • T-Lamps
            • Other
          • Luminaires
            • Streetlights
            • Downlights
            • Troffers
            • Others
        • Canada LED Lighting Market, by Application
          • Indoor
          • Outdoor
        • Canada LED Lighting Market, by Installation Type
          • New LED
          • Retrofit LED
        • Canada LED Lighting Market, by Sales Channel
          • Online
          • Offline
        • Canada LED Lighting Market, by End Use
          • Commercial
          • Residential
          • Industrial
          • Others
    • Europe
      • Europe LED Lighting Market, by Product
        • Lamps
          • A-Lamps
          • T-Lamps
          • Other
        • Luminaires
          • Streetlights
          • Downlights
          • Troffers
          • Others
      • Europe LED Lighting Market, by Application
        • Indoor
        • Outdoor
      • Europe LED Lighting Market, by Installation Type
        • New LED
        • Retrofit LED
      • Europe LED Lighting Market, by Sales Channel
        • Online
        • Offline
      • Europe LED Lighting Market, by End Use
        • Commercial
        • Residential
        • Industrial
        • Others
      • U.K.
        • U.K. LED Lighting Market, by Product
          • Lamps
            • A-Lamps
            • T-Lamps
            • Other
          • Luminaires
            • Streetlights
            • Downlights
            • Troffers
            • Others
        • U.K. LED Lighting Market, by Application
          • Indoor
          • Outdoor
        • U.K. LED Lighting Market, by Installation Type
          • New LED
          • Retrofit LED
        • U.K. LED Lighting Market, by Sales Channel
          • Online
          • Offline
        • U.K. LED Lighting Market, by End Use
          • Commercial
          • Residential
          • Industrial
          • Others
      • Germany
        • Germany LED Lighting Market, by Product
          • Lamps
            • A-Lamps
            • T-Lamps
            • Other
          • Luminaires
            • Streetlights
            • Downlights
            • Troffers
            • Others
        • Germany LED Lighting Market, by Application
          • Indoor
          • Outdoor
        • Germany LED Lighting Market, by Installation Type
          • New LED
          • Retrofit LED
        • Germany LED Lighting Market, by Sales Channel
          • Online
          • Offline
        • Germany LED Lighting Market, by End Use
          • Commercial
          • Residential
          • Industrial
          • Others
      • France
        • France LED Lighting Market, by Product
          • Lamps
            • A-Lamps
            • T-Lamps
            • Other
          • Luminaires
            • Streetlights
            • Downlights
            • Troffers
            • Others
        • France LED Lighting Market, by Application
          • Indoor
          • Outdoor
        • France LED Lighting Market, by Installation Type
          • New LED
          • Retrofit LED
        • France LED Lighting Market, by Sales Channel
          • Online
          • Offline
        • France LED Lighting Market, by End Use
          • Commercial
          • Residential
          • Industrial
          • Others
    • Asia Pacific
      • Asia Pacific LED Lighting Market, by Product
        • Lamps
          • A-Lamps
          • T-Lamps
          • Other
        • Luminaires
          • Streetlights
          • Downlights
          • Troffers
          • Others
      • Asia Pacific LED Lighting Market, by Application
        • Indoor
        • Outdoor
      • Asia Pacific LED Lighting Market, by Installation Type
        • New LED
        • Retrofit LED
      • Asia Pacific LED Lighting Market, by Sales Channel
        • Online
        • Offline
      • Asia Pacific LED Lighting Market, by End Use
        • Commercial
        • Residential
        • Industrial
        • Others
      • China
        • China LED Lighting Market, by Product
          • Lamps
            • A-Lamps
            • T-Lamps
            • Other
          • Luminaires
            • Streetlights
            • Downlights
            • Troffers
            • Others
        • China LED Lighting Market, by Application
          • Indoor
          • Outdoor
        • China LED Lighting Market, by Installation Type
          • New LED
          • Retrofit LED
        • China LED Lighting Market, by Sales Channel
          • Online
          • Offline
        • China LED Lighting Market, by End Use
          • Commercial
          • Residential
          • Industrial
          • Others
      • India
        • India LED Lighting Market, by Product
          • Lamps
            • A-Lamps
            • T-Lamps
            • Other
          • Luminaires
            • Streetlights
            • Downlights
            • Troffers
            • Others
        • India LED Lighting Market, by Application
          • Indoor
          • Outdoor
        • India LED Lighting Market, by Installation Type
          • New LED
          • Retrofit LED
        • India LED Lighting Market, by Sales Channel
          • Online
          • Offline
        • India LED Lighting Market, by End Use
          • Commercial
          • Residential
          • Industrial
          • Others
      • Japan
        • Japan LED Lighting Market, by Product
          • Lamps
            • A-Lamps
            • T-Lamps
            • Other
          • Luminaires
            • Streetlights
            • Downlights
            • Troffers
            • Others
        • Japan LED Lighting Market, by Application
          • Indoor
          • Outdoor
        • Japan LED Lighting Market, by Installation Type
          • New LED
          • Retrofit LED
        • Japan LED Lighting Market, by Sales Channel
          • Online
          • Offline
        • Japan LED Lighting Market, by End Use
          • Commercial
          • Residential
          • Industrial
          • Others
      • Australia
        • Australia LED Lighting Market, by Product
          • Lamps
            • A-Lamps
            • T-Lamps
            • Other
          • Luminaires
            • Streetlights
            • Downlights
            • Troffers
            • Others
        • Australia LED Lighting Market, by Application
          • Indoor
          • Outdoor
        • Australia LED Lighting Market, by Installation Type
          • New LED
          • Retrofit LED
        • Australia LED Lighting Market, by Sales Channel
          • Online
          • Offline
        • Australia LED Lighting Market, by End Use
          • Commercial
          • Residential
          • Industrial
          • Others
      • South Korea
        • South Korea LED Lighting Market, by Product
          • Lamps
            • A-Lamps
            • T-Lamps
            • Other
          • Luminaires
            • Streetlights
            • Downlights
            • Troffers
            • Others
        • South Korea LED Lighting Market, by Application
          • Indoor
          • Outdoor
        • South Korea LED Lighting Market, by Installation Type
          • New LED
          • Retrofit LED
        • South Korea LED Lighting Market, by Sales Channel
          • Online
          • Offline
        • South Korea LED Lighting Market, by End Use
          • Commercial
          • Residential
          • Industrial
          • Others
    • Latin America
      • Latin America LED Lighting Market, by Product
        • Lamps
          • A-Lamps
          • T-Lamps
          • Other
        • Luminaires
          • Streetlights
          • Downlights
          • Troffers
          • Others
      • Latin America LED Lighting Market, by Application
        • Indoor
        • Outdoor
      • Latin America LED Lighting Market, by Installation Type
        • New LED
        • Retrofit LED
      • Latin America LED Lighting Market, by Sales Channel
        • Online
        • Offline
      • Latin America LED Lighting Market, by End Use
        • Commercial
        • Residential
        • Industrial
        • Others
      • Brazil
        • Brazil LED Lighting Market, by Product
          • Lamps
            • A-Lamps
            • T-Lamps
            • Other
          • Luminaires
            • Streetlights
            • Downlights
            • Troffers
            • Others
        • Brazil LED Lighting Market, by Application
          • Indoor
          • Outdoor
        • Brazil LED Lighting Market, by Installation Type
          • New LED
          • Retrofit LED
        • Brazil LED Lighting Market, by Sales Channel
          • Online
          • Offline
        • Brazil LED Lighting Market, by End Use
          • Commercial
          • Residential
          • Industrial
          • Others
      • Mexico
        • Mexico LED Lighting Market, by Product
          • Lamps
            • A-Lamps
            • T-Lamps
            • Other
          • Luminaires
            • Streetlights
            • Downlights
            • Troffers
            • Others
        • Mexico LED Lighting Market, by Application
          • Indoor
          • Outdoor
        • Mexico LED Lighting Market, by Installation Type
          • New LED
          • Retrofit LED
        • Mexico LED Lighting Market, by Sales Channel
          • Online
          • Offline
        • Mexico LED Lighting Market, by End Use
          • Commercial
          • Residential
          • Industrial
          • Others
    • MEA
      • MEA LED Lighting Market, by Product
        • Lamps
          • A-Lamps
          • T-Lamps
          • Other
        • Luminaires
          • Streetlights
          • Downlights
          • Troffers
          • Others
      • MEA LED Lighting Market, by Application
        • Indoor
        • Outdoor
      • MEA LED Lighting Market, by Installation Type
        • New LED
        • Retrofit LED
      • MEA LED Lighting Market, by Sales Channel
        • Online
        • Offline
      • MEA LED Lighting Market, by End Use
        • Commercial
        • Residential
        • Industrial
        • Others
      • UAE
        • UAE LED Lighting Market, by Product
          • Lamps
            • A-Lamps
            • T-Lamps
            • Other
          • Luminaires
            • Streetlights
            • Downlights
            • Troffers
            • Others
        • UAE LED Lighting Market, by Application
          • Indoor
          • Outdoor
        • UAE LED Lighting Market, by Installation Type
          • New LED
          • Retrofit LED
        • UAE LED Lighting Market, by Sales Channel
          • Online
          • Offline
        • UAE LED Lighting Market, by End Use
          • Commercial
          • Residential
          • Industrial
          • Others
      • Saudi Arabia
        • Saudi Arabia LED Lighting Market, by Product
          • Lamps
            • A-Lamps
            • T-Lamps
            • Other
          • Luminaires
            • Streetlights
            • Downlights
            • Troffers
            • Others
        • Saudi Arabia LED Lighting Market, by Application
          • Indoor
          • Outdoor
        • Saudi Arabia LED Lighting Market, by Installation Type
          • New LED
          • Retrofit LED
        • Saudi Arabia LED Lighting Market, by Sales Channel
          • Online
          • Offline
        • Saudi Arabia LED Lighting Market, by End Use
          • Commercial
          • Residential
          • Industrial
          • Others
      • South Africa
        • South Africa LED Lighting Market, by Product
          • Lamps
            • A-Lamps
            • T-Lamps
            • Other
          • Luminaires
            • Streetlights
            • Downlights
            • Troffers
            • Others
        • South Africa LED Lighting Market, by Application
          • Indoor
          • Outdoor
        • South Africa LED Lighting Market, by Installation Type
          • New LED
          • Retrofit LED
        • South Africa LED Lighting Market, by Sales Channel
          • Online
          • Offline
        • South Africa LED Lighting Market, by End Use
          • Commercial
          • Residential
          • Industrial
          • Others

LED Lighting Market Dynamics

Driver: Rise In Construction Activities And Growing Preference For Luxury, Smart Lighting Solutions

The increase in building construction activities is one of the major factors driving the demand for LED lighting solutions. Government regulations on the use of incandescent lights and various incentives aimed at encouraging the adoption of LED lighting are expected to generate new growth avenues for LED lighting vendors. Construction of new residential properties in the U.S., India, the UAE, and other countries has increased at a promising pace in recent years. These activities are driven by the fact that the administration has labelled construction, including residential construction, as an essential service to resolve the housing shortage issue. The number of new households, hospitals, malls, and offices has been growing and contributing to the demand for LED lighting solutions, along with the replacement of existing lighting fixtures.

Driver: Transformation In Energy Policies

Most of the countries have adopted restrictions to gradually phase out the manufacturing and export of these inefficient lighting devices. Since LED lighting has the potential to replace conventional light sources as the go-to option for consumers and companies, this transition is likely to significantly favor market growth. Policies regarding nuclear-free energy production are expected to positively impact the demand for LED lighting products and solutions globally. Japan is highly dependent on nuclear power, which contributes to around 30% of the country’s energy mix. However, the global future energy mix is expected to shift toward more non-nuclear and renewable sources.

Restraint: Lack Of Awarness Among Consumers

The average lifespan of an LED light is much higher compared to CFLs and the average electricity saved by an LED light is 1.5 times higher compared to a CFL. But the low awareness among consumers about the benefits offered by LED lighting products, such as energy efficiency, greater lifespan, and overall cost-effectiveness could challenge market growth. Traditional consumers don’t concentrate on the long-term benefits and mainly consider the pricing of the product. This trend could hamper the adoption of LED lighting products and solutions compared to traditional lighting solutions to a certain extent.

What Does This Report Include?

This section will provide insights into the contents included in this led lighting market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

LED lighting market qualitative analysis

  • Industry overview

  • Industry trends

  • Market drivers and restraints

  • Market size

  • Growth prospects

  • Porter’s analysis

  • PESTEL analysis

  • Key market opportunities prioritized

  • Competitive landscape

    • Company overview

    • Financial performance

    • Product benchmarking

    • Latest strategic developments

LED lighting market quantitative analysis

  • Market size, estimates, and forecast from 2018 to 2030

  • Market estimates and forecast for product segments up to 2030

  • Regional market size and forecast for product segments up to 2030

  • Market estimates and forecast for application segments up to 2030

  • Regional market size and forecast for application segments up to 2030

  • Company financial performance

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Research Methodology

A three-pronged approach was followed for deducing the led lighting market estimates and forecasts. The process has three steps: information procurement, analysis, and validation. The whole process is cyclical, and steps repeat until the estimates are validated. The three steps are explained in detail below:

Information procurement: Information procurement is one of the most extensive and important stages in our research process, and quality data is critical for accurate analysis. We followed a multi-channel data collection process for led lighting market to gather the most reliable and current information possible.

  • We buy access to paid databases such as Hoover’s and Factiva for company financials, industry information, white papers, industry journals, SME journals, and more.
  • We tap into Grand View’s proprietary database of data points and insights from active and archived monitoring and reporting.
  • We conduct primary research with industry experts through questionnaires and one-on-one phone interviews.
  • We pull from reliable secondary sources such as white papers and government statistics, published by organizations like WHO, NGOs, World Bank, etc., Key Opinion Leaders (KoL) publications, company filings, investor documents, and more.
  • We purchase and review investor analyst reports, broker reports, academic commentary, government quotes, and wealth management publications for insightful third-party perspectives.

Analysis: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilized different methods of led lighting market data depending on the type of information we’re trying to uncover in our research.

  • Market Research Efforts: Bottom-up Approach for estimating and forecasting demand size and opportunity, top-down Approach for new product forecasting and penetration, and combined approach of both Bottom-up and Top-down for full coverage analysis.

  • Value-Chain-Based Sizing & Forecasting: Supply-side estimates for understanding potential revenue through competitive benchmarking, forecasting, and penetration modeling.

  • Demand-side estimates for identifying parent and ancillary markets, segment modeling, and heuristic forecasting.

  • Qualitative Functional Deployment (QFD) Modelling for market share assessment.

Market formulation and validation: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilize different methods of data analysis depending on the type of information we’re trying to uncover in our research.

  • Market Formulation: This step involves the finalization of market numbers. This step on an internal level is designed to manage outputs from the Data Analysis step.

  • Data Normalization: The final market estimates and forecasts are then aligned and sent to industry experts, in-panel quality control managers for validation.

  • This step also entails the finalization of the report scope and data representation pattern.

  • Validation: The process entails multiple levels of validation. All these steps run in parallel, and the study is forwarded for publishing only if all three levels render validated results.

LED Lighting Market Categorization:

The led lighting market was categorized into four segments, namely product (Lamps, Luminaires), application (Indoor, Outdoor), end-use (Commercial, Residential, Industrial), and region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa).

Segment Market Methodology:

The led lighting market was segmented into product, application, end-use, and regions. The demand at a segment level was deduced using a funnel method. Concepts like the TAM, SAM, SOM, etc., were put into practice to understand the demand. We at GVR deploy three methods to deduce market estimates and determine forecasts. These methods are explained below:

Market research approaches: Bottom-up

  • Demand estimation of each product across countries/regions summed up to from the total market.

  • Variable analysis for demand forecast.

  • Demand estimation via analyzing paid database, and company financials either via annual reports or paid database.

  • Primary interviews for data revalidation and insight collection.

Market research approaches: Top-down

  • Used extensively for new product forecasting or analyzing penetration levels.

  • Tool used invoice product flow and penetration models Use of regression multi-variant analysis for forecasting Involves extensive use of paid and public databases.

  • Primary interviews and vendor-based primary research for variable impact analysis.

Market research approaches: Combined

  • This is the most common method. We apply concepts from both the top-down and bottom-up approaches to arrive at a viable conclusion.

Regional Market Methodology:

The led lighting market was analyzed at a regional level. The global was divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, keeping in focus variables like consumption patterns, export-import regulations, consumer expectations, etc. These regions were further divided into thirteen countries, namely, the U.S.; Canada; the UK.; Germany; France; Rest of Europe; China; India; Japan; Rest of APAC, Brazil; Mexico; Rest of Latin America.

All three above-mentioned market research methodologies were applied to arrive at regional-level conclusions. The regions were then summed up to form the global market.

LED lighting market companies & financials:

The led lighting market was analyzed via companies operating in the sector. Analyzing these companies and cross-referencing them to the demand equation helped us validate our assumptions and conclusions. Key market players analyzed include:

  • Acuity Brands Lighting, Inc. is a provider of building and lighting technology solutions and services. Its products include lighting controls, lighting components, prismatic skylights, power supplies, fluorescent, LED lighting products, high-intensity discharge, and embedded and standalone light control solutions.

  • Digital Lumens, Inc. is engaged in the design and development of LED-based lighting systems for industrial and commercial lighting environments. The company offers smart LED lighting products such as LED high bay, linear lighting solutions, and smart energy and lighting management solutions.

  • Siteco GmbH is engaged in the development and supply of lighting technology. The company primarily operates through two segments, indoor lighting and outdoor lighting.

  • Cree Lighting manufactures products for various applications, such as inverters, lighting, video displays, and transportation. The company’s LED Products segment offers LED components and LED chips, which are incorporated into video screens, specialty lighting, and automotive lighting.

  • Dialight is a manufacturer of LED lighting for industrial applications. The company’s industrial solutions include high bays, floodlights, area lights, linear, low bays, and wall packs/bulkheads.

  • Zumtobel Group AG develops lighting solutions, light management systems, lighting components, and luminaries for interior and exterior applications. The company offers lighting management systems, LED luminaires, and lighting solutions for indoor and

  • outdoor applications under its lighting segment.

  • GE Current is engaged in sourcing, designing, and assembling lighting fixtures and lamps. The company operates through two segments, namely the Professional segment and the Intelligent Building segment.

  • Signify Holding is a provider of lighting solutions and its product portfolio includes IoT-based lighting products for residential and commercial customers.

  • Seoul Semiconductor Co., Ltd. develops and sells LEDs for general illumination, automotive specialty lighting, and backlighting markets. Its products include AC-driven LEDs, mid-power LEDs, side-view LEDs, high-brightness LEDs, custom displays, through-hole type LED lamps, and sensors.

  • Hubbell designs, manufactures, and sales electrical and electronic products. The company supplies a broad range of products for residential and non-residential construction and industrial applications.

Value chain-based sizing & forecasting

Supply Side Estimates

  • Company revenue estimation via referring to annual reports, investor presentations, and Hoover’s.

  • Segment revenue determination via variable analysis and penetration modeling.

  • Competitive benchmarking to identify market leaders and their collective revenue shares.

  • Forecasting via analyzing commercialization rates, pipelines, market initiatives, distribution networks, etc.

Demand side estimates

  • Identifying parent markets and ancillary markets

  • Segment penetration analysis to obtain pertinent

  • revenue/volume

  • Heuristic forecasting with the help of subject matter experts

  • Forecasting via variable analysis

LED Lighting Market Report Objectives:

  • Understanding market dynamics (in terms of drivers, restraints, & opportunities) in the countries.

  • Understanding trends & variables in the individual countries & their impact on growth and using analytical tools to provide high-level insights into the market dynamics and the associated growth pattern.

  • Understanding market estimates and forecasts (with the base year as 2022, historic information from 2018 to 2021, and forecast from 2023 to 2030). Regional estimates & forecasts for each category are available and are summed up to form the global market estimates.

LED Lighting Market Report Assumptions:

  • The report provides market value for the base year 2022 and a yearly forecast till 2030 in terms of revenue/volume or both. The market for each of the segment outlooks has been provided on region & country basis for the above-mentioned forecast period.

  • The key industry dynamics, major technological trends, and application markets are evaluated to understand their impact on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis.

  • We have used the bottom-up approach for market sizing, analyzing key regional markets, dynamics, & trends for various products and end-users. The total market has been estimated by integrating the country markets.

  • All market estimates and forecasts have been validated through primary interviews with the key industry participants.

  • Inflation has not been accounted for to estimate and forecast the market.

  • Numbers may not add up due to rounding off.

  • Europe consists of EU-8, Central & Eastern Europe, along with the Commonwealth of Independent States (CIS).

  • Asia Pacific includes South Asia, East Asia, Southeast Asia, and Oceania (Australia & New Zealand).

  • Latin America includes Central American countries and the South American continent

  • Middle East includes Western Asia (as assigned by the UN Statistics Division) and the African continent.

Primary Research

GVR strives to procure the latest and unique information for reports directly from industry experts, which gives it a competitive edge. Quality is of utmost importance to us, therefore every year we focus on increasing our experts’ panel. Primary interviews are one of the critical steps in identifying recent market trends and scenarios. This process enables us to justify and validate our market estimates and forecasts to our clients. With more than 8,000 reports in our database, we have connected with some key opinion leaders across various domains, including healthcare, technology, consumer goods, and the chemical sector. Our process starts with identifying the right platform for a particular type of report, i.e., emails, LinkedIn, seminars, or telephonic conversation, as every report is unique and requires a differentiated approach.

We send out questionnaires to different experts from various regions/ countries, which is dependent on the following factors:

  • Report/Market scope: If the market study is global, we send questionnaires to industry experts across various regions, including North America, Europe, Asia Pacific, Latin America, and MEA.

  • Market Penetration: If the market is driven by technological advancements, population density, disease prevalence, or other factors, we identify experts and send out questionnaires based on region or country dominance.

The time to start receiving responses from industry experts varies based on how niche or well-penetrated the market is. Our reports include a detailed chapter on the KoL opinion section, which helps our clients understand the perspective of experts already in the market space.

What questions do you have? Get quick response from our industry experts. Request a Free Consultation
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