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Luminaires-Global Market Insights and Sales Trends 2025
Synopsis
A lamp is a light that works by using electricity or by burning oil or gas.
The global Luminaires market size is expected to reach US$ 86070 million by 2029, growing at a CAGR of 2.5% from 2023 to 2029. The market is mainly driven by the significant applications of Luminaires in various end use industries. The expanding demands from the Residential, Commercial and Industrial,, are propelling Luminaires market. Traditional, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the LED segment is estimated at % CAGR for the next seven-year period.
The major players in China Luminaires market include NVC, PAK, Topstar, etc. The market concentration ratio is low, and the top 1 player holds only 3% shares of the whole market. East and Central are the main markets, and occupy about 40% of the whole market. Traditional is the main type, with a share about 80%. Residential is the key application, which holds a share about 70%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Luminaires, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Luminaires market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Luminaires market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Luminaires sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Luminaires covered in this report include NVC, Philips, Opple, FSL, Leedarson Luminaire, PAK, Topstar, Osram and Liaoyuan Lighting, etc.
The global Luminaires market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
NVC
Philips
Opple
FSL
Leedarson Luminaire
PAK
Topstar
Osram
Liaoyuan Lighting
TCP
Panasonnic
Huayi Lighting
Toshiba
TCL
Forest Lighting
Kingsun Optoelectronic
Feilo Acoustics
Hongyar Electrical
Midea
Yankon
NPU
Handson
GE Lighting
GY LED
Thorn
Global Luminaires market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Luminaires market, Segment by Type:
Traditional
LED
Global Luminaires market, by Application
Residential
Commercial
Industrial
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Luminaires manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Luminaires in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
A lamp is a light that works by using electricity or by burning oil or gas.
The global Luminaires market size is expected to reach US$ 86070 million by 2029, growing at a CAGR of 2.5% from 2023 to 2029. The market is mainly driven by the significant applications of Luminaires in various end use industries. The expanding demands from the Residential, Commercial and Industrial,, are propelling Luminaires market. Traditional, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the LED segment is estimated at % CAGR for the next seven-year period.
The major players in China Luminaires market include NVC, PAK, Topstar, etc. The market concentration ratio is low, and the top 1 player holds only 3% shares of the whole market. East and Central are the main markets, and occupy about 40% of the whole market. Traditional is the main type, with a share about 80%. Residential is the key application, which holds a share about 70%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Luminaires, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Luminaires market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Luminaires market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Luminaires sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Luminaires covered in this report include NVC, Philips, Opple, FSL, Leedarson Luminaire, PAK, Topstar, Osram and Liaoyuan Lighting, etc.
The global Luminaires market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
NVC
Philips
Opple
FSL
Leedarson Luminaire
PAK
Topstar
Osram
Liaoyuan Lighting
TCP
Panasonnic
Huayi Lighting
Toshiba
TCL
Forest Lighting
Kingsun Optoelectronic
Feilo Acoustics
Hongyar Electrical
Midea
Yankon
NPU
Handson
GE Lighting
GY LED
Thorn
Global Luminaires market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Luminaires market, Segment by Type:
Traditional
LED
Global Luminaires market, by Application
Residential
Commercial
Industrial
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Luminaires manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Luminaires in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Luminaires Market Overview
1.1 Luminaires Product Overview
1.2 Luminaires Market Segment by Type
1.2.1 Traditional
1.2.2 LED
1.3 Global Luminaires Market Size by Type
1.3.1 Global Luminaires Market Size Overview by Type (2018-2029)
1.3.2 Global Luminaires Historic Market Size Review by Type (2018-2023)
1.3.3 Global Luminaires Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Luminaires Sales Breakdown by Type (2018-2023)
1.4.2 Europe Luminaires Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Luminaires Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Luminaires Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Luminaires Sales Breakdown by Type (2018-2023)
2 Global Luminaires Market Competition by Company
2.1 Global Top Players by Luminaires Sales (2018-2023)
2.2 Global Top Players by Luminaires Revenue (2018-2023)
2.3 Global Top Players by Luminaires Price (2018-2023)
2.4 Global Top Manufacturers Luminaires Manufacturing Base Distribution, Sales Area, Product Type
2.5 Luminaires Market Competitive Situation and Trends
2.5.1 Luminaires Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Luminaires Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Luminaires as of 2022)
2.7 Date of Key Manufacturers Enter into Luminaires Market
2.8 Key Manufacturers Luminaires Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Luminaires Status and Outlook by Region
3.1 Global Luminaires Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Luminaires Historic Market Size by Region
3.2.1 Global Luminaires Sales in Volume by Region (2018-2023)
3.2.2 Global Luminaires Sales in Value by Region (2018-2023)
3.2.3 Global Luminaires Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Luminaires Forecasted Market Size by Region
3.3.1 Global Luminaires Sales in Volume by Region (2024-2029)
3.3.2 Global Luminaires Sales in Value by Region (2024-2029)
3.3.3 Global Luminaires Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Luminaires by Application
4.1 Luminaires Market Segment by Application
4.1.1 Residential
4.1.2 Commercial
4.1.3 Industrial
4.2 Global Luminaires Market Size by Application
4.2.1 Global Luminaires Market Size Overview by Application (2018-2029)
4.2.2 Global Luminaires Historic Market Size Review by Application (2018-2023)
4.2.3 Global Luminaires Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Luminaires Sales Breakdown by Application (2018-2023)
4.3.2 Europe Luminaires Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Luminaires Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Luminaires Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Luminaires Sales Breakdown by Application (2018-2023)
5 North America Luminaires by Country
5.1 North America Luminaires Historic Market Size by Country
5.1.1 North America Luminaires Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Luminaires Sales in Volume by Country (2018-2023)
5.1.3 North America Luminaires Sales in Value by Country (2018-2023)
5.2 North America Luminaires Forecasted Market Size by Country
5.2.1 North America Luminaires Sales in Volume by Country (2024-2029)
5.2.2 North America Luminaires Sales in Value by Country (2024-2029)
6 Europe Luminaires by Country
6.1 Europe Luminaires Historic Market Size by Country
6.1.1 Europe Luminaires Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Luminaires Sales in Volume by Country (2018-2023)
6.1.3 Europe Luminaires Sales in Value by Country (2018-2023)
6.2 Europe Luminaires Forecasted Market Size by Country
6.2.1 Europe Luminaires Sales in Volume by Country (2024-2029)
6.2.2 Europe Luminaires Sales in Value by Country (2024-2029)
7 Asia-Pacific Luminaires by Region
7.1 Asia-Pacific Luminaires Historic Market Size by Region
7.1.1 Asia-Pacific Luminaires Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Luminaires Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Luminaires Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Luminaires Forecasted Market Size by Region
7.2.1 Asia-Pacific Luminaires Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Luminaires Sales in Value by Region (2024-2029)
8 Latin America Luminaires by Country
8.1 Latin America Luminaires Historic Market Size by Country
8.1.1 Latin America Luminaires Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Luminaires Sales in Volume by Country (2018-2023)
8.1.3 Latin America Luminaires Sales in Value by Country (2018-2023)
8.2 Latin America Luminaires Forecasted Market Size by Country
8.2.1 Latin America Luminaires Sales in Volume by Country (2024-2029)
8.2.2 Latin America Luminaires Sales in Value by Country (2024-2029)
9 Middle East and Africa Luminaires by Country
9.1 Middle East and Africa Luminaires Historic Market Size by Country
9.1.1 Middle East and Africa Luminaires Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Luminaires Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Luminaires Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Luminaires Forecasted Market Size by Country
9.2.1 Middle East and Africa Luminaires Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Luminaires Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 NVC
10.1.1 NVC Company Information
10.1.2 NVC Introduction and Business Overview
10.1.3 NVC Luminaires Sales, Revenue and Gross Margin (2018-2023)
10.1.4 NVC Luminaires Products Offered
10.1.5 NVC Recent Development
10.2 Philips
10.2.1 Philips Company Information
10.2.2 Philips Introduction and Business Overview
10.2.3 Philips Luminaires Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Philips Luminaires Products Offered
10.2.5 Philips Recent Development
10.3 Opple
10.3.1 Opple Company Information
10.3.2 Opple Introduction and Business Overview
10.3.3 Opple Luminaires Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Opple Luminaires Products Offered
10.3.5 Opple Recent Development
10.4 FSL
10.4.1 FSL Company Information
10.4.2 FSL Introduction and Business Overview
10.4.3 FSL Luminaires Sales, Revenue and Gross Margin (2018-2023)
10.4.4 FSL Luminaires Products Offered
10.4.5 FSL Recent Development
10.5 Leedarson Luminaire
10.5.1 Leedarson Luminaire Company Information
10.5.2 Leedarson Luminaire Introduction and Business Overview
10.5.3 Leedarson Luminaire Luminaires Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Leedarson Luminaire Luminaires Products Offered
10.5.5 Leedarson Luminaire Recent Development
10.6 PAK
10.6.1 PAK Company Information
10.6.2 PAK Introduction and Business Overview
10.6.3 PAK Luminaires Sales, Revenue and Gross Margin (2018-2023)
10.6.4 PAK Luminaires Products Offered
10.6.5 PAK Recent Development
10.7 Topstar
10.7.1 Topstar Company Information
10.7.2 Topstar Introduction and Business Overview
10.7.3 Topstar Luminaires Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Topstar Luminaires Products Offered
10.7.5 Topstar Recent Development
10.8 Osram
10.8.1 Osram Company Information
10.8.2 Osram Introduction and Business Overview
10.8.3 Osram Luminaires Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Osram Luminaires Products Offered
10.8.5 Osram Recent Development
10.9 Liaoyuan Lighting
10.9.1 Liaoyuan Lighting Company Information
10.9.2 Liaoyuan Lighting Introduction and Business Overview
10.9.3 Liaoyuan Lighting Luminaires Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Liaoyuan Lighting Luminaires Products Offered
10.9.5 Liaoyuan Lighting Recent Development
10.10 TCP
10.10.1 TCP Company Information
10.10.2 TCP Introduction and Business Overview
10.10.3 TCP Luminaires Sales, Revenue and Gross Margin (2018-2023)
10.10.4 TCP Luminaires Products Offered
10.10.5 TCP Recent Development
10.11 Panasonnic
10.11.1 Panasonnic Company Information
10.11.2 Panasonnic Introduction and Business Overview
10.11.3 Panasonnic Luminaires Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Panasonnic Luminaires Products Offered
10.11.5 Panasonnic Recent Development
10.12 Huayi Lighting
10.12.1 Huayi Lighting Company Information
10.12.2 Huayi Lighting Introduction and Business Overview
10.12.3 Huayi Lighting Luminaires Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Huayi Lighting Luminaires Products Offered
10.12.5 Huayi Lighting Recent Development
10.13 Toshiba
10.13.1 Toshiba Company Information
10.13.2 Toshiba Introduction and Business Overview
10.13.3 Toshiba Luminaires Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Toshiba Luminaires Products Offered
10.13.5 Toshiba Recent Development
10.14 TCL
10.14.1 TCL Company Information
10.14.2 TCL Introduction and Business Overview
10.14.3 TCL Luminaires Sales, Revenue and Gross Margin (2018-2023)
10.14.4 TCL Luminaires Products Offered
10.14.5 TCL Recent Development
10.15 Forest Lighting
10.15.1 Forest Lighting Company Information
10.15.2 Forest Lighting Introduction and Business Overview
10.15.3 Forest Lighting Luminaires Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Forest Lighting Luminaires Products Offered
10.15.5 Forest Lighting Recent Development
10.16 Kingsun Optoelectronic
10.16.1 Kingsun Optoelectronic Company Information
10.16.2 Kingsun Optoelectronic Introduction and Business Overview
10.16.3 Kingsun Optoelectronic Luminaires Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Kingsun Optoelectronic Luminaires Products Offered
10.16.5 Kingsun Optoelectronic Recent Development
10.17 Feilo Acoustics
10.17.1 Feilo Acoustics Company Information
10.17.2 Feilo Acoustics Introduction and Business Overview
10.17.3 Feilo Acoustics Luminaires Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Feilo Acoustics Luminaires Products Offered
10.17.5 Feilo Acoustics Recent Development
10.18 Hongyar Electrical
10.18.1 Hongyar Electrical Company Information
10.18.2 Hongyar Electrical Introduction and Business Overview
10.18.3 Hongyar Electrical Luminaires Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Hongyar Electrical Luminaires Products Offered
10.18.5 Hongyar Electrical Recent Development
10.19 Midea
10.19.1 Midea Company Information
10.19.2 Midea Introduction and Business Overview
10.19.3 Midea Luminaires Sales, Revenue and Gross Margin (2018-2023)
10.19.4 Midea Luminaires Products Offered
10.19.5 Midea Recent Development
10.20 Yankon
10.20.1 Yankon Company Information
10.20.2 Yankon Introduction and Business Overview
10.20.3 Yankon Luminaires Sales, Revenue and Gross Margin (2018-2023)
10.20.4 Yankon Luminaires Products Offered
10.20.5 Yankon Recent Development
10.21 NPU
10.21.1 NPU Company Information
10.21.2 NPU Introduction and Business Overview
10.21.3 NPU Luminaires Sales, Revenue and Gross Margin (2018-2023)
10.21.4 NPU Luminaires Products Offered
10.21.5 NPU Recent Development
10.22 Handson
10.22.1 Handson Company Information
10.22.2 Handson Introduction and Business Overview
10.22.3 Handson Luminaires Sales, Revenue and Gross Margin (2018-2023)
10.22.4 Handson Luminaires Products Offered
10.22.5 Handson Recent Development
10.23 GE Lighting
10.23.1 GE Lighting Company Information
10.23.2 GE Lighting Introduction and Business Overview
10.23.3 GE Lighting Luminaires Sales, Revenue and Gross Margin (2018-2023)
10.23.4 GE Lighting Luminaires Products Offered
10.23.5 GE Lighting Recent Development
10.24 GY LED
10.24.1 GY LED Company Information
10.24.2 GY LED Introduction and Business Overview
10.24.3 GY LED Luminaires Sales, Revenue and Gross Margin (2018-2023)
10.24.4 GY LED Luminaires Products Offered
10.24.5 GY LED Recent Development
10.25 Thorn
10.25.1 Thorn Company Information
10.25.2 Thorn Introduction and Business Overview
10.25.3 Thorn Luminaires Sales, Revenue and Gross Margin (2018-2023)
10.25.4 Thorn Luminaires Products Offered
10.25.5 Thorn Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Luminaires Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Luminaires Industrial Chain Analysis
11.4 Luminaires Market Dynamics
11.4.1 Luminaires Industry Trends
11.4.2 Luminaires Market Drivers
11.4.3 Luminaires Market Challenges
11.4.4 Luminaires Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Luminaires Distributors
12.3 Luminaires Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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