The Market Reports

Synopsis
The global market for Lighting was estimated to be worth US$ 144620 million in 2024 and is forecast to a readjusted size of US$ 165800 million by 2031 with a CAGR of 2.0% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Lighting cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
The lighting industry mainly refers to the lighting equipment manufacturing industry, and its three sub-industries are electric light source manufacturing, lighting fixture manufacturing, and lighting electrical accessories and other lighting equipment manufacturing. The main functions of lighting in life and production include three functions: brightness, decoration, and indication. According to the type of lighting light source, lighting can be divided into LED lighting, energy-saving lighting, fluorescent lighting, incandescent lighting, etc. According to the lighting usage scenario, lighting can be divided into general lighting, special lighting, etc.
In the lighting industry, products are mainly divided into LED lamps, energy-saving lamps, fluorescent lamps and incandescent lamps according to the type of light source. Among them, LED lamps have become the mainstream development direction due to their advantages such as high energy efficiency, long life and strong environmental protection, and have gradually replaced energy-saving lamps and fluorescent lamps. Incandescent lamps are gradually eliminated due to their high energy consumption. In terms of application, lighting can be divided into general lighting (such as home, commercial, office, road lighting, etc.), special lighting (such as medical surgery lighting, plant growth lamps, industrial workshop lighting, explosion-proof lighting, etc.) and other applications (such as decorative lighting, landscape lighting, intelligent lighting systems, etc.). In the future, with the promotion of the "dual carbon" policy and the rapid development of smart cities and smart homes, lighting companies should accelerate the transformation towards intelligence, digitalization, high efficiency and energy saving, enhance product added value, and create solutions for multi-scenario integration. At the same time, we should attach importance to brand building and international layout, strengthen technical reserves and standard formulation in emerging fields such as light health, smart perception and human factors lighting, so as to meet the market's growing demand for high-quality and intelligent lighting.
This report aims to provide a comprehensive presentation of the global market for Lighting, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Lighting by region & country, by Type, and by Application.
The Lighting market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Lighting.
Market Segmentation
By Company
SIGNIFY
OSRAM
Acuity Brands
Panasonic
GE Lighting
OPPLE
TOSHIBA
Yankon
FSL
NVC Lighting
Pak
Unilumin
TCL Lighting
Segment by Type
LED Lights
Energy-saving Lights
Fluorescent Lights
Incandescent Lights
Segment by Application
General Lighting
Special Lighting
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Lighting manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Lighting in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Lighting in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index