LED Lighting Market Size & Share, by Product [Lamps (LED Bulb, LED Tube Light); Luminaries (Downlighting, Decorative, Directional, Others)]; Application (Indoor, Outdoor); Sales Channel (Retail/Wholesale, Direct Sales, E-Commerce); End-user (Commercial, Household, Industrial) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 5269
  • Published Date: Sep 26, 2023
  • Report Format: PDF, PPT

Global LED Lighting Market TOC

  1. An Introduction to the Research Study
  • Preface
  • Market taxonomy
  • Definition of the market and the segments
  • Acronyms and assumptions
  1. The Research Procedure
  • Sources of Data
    • Secondary
    • Primary
  • Calculation and Derivation of Market Size
    • Top-down approach
    • Bottom-up approach
  1. Recommendation by Analyst for C-Level Executives
  2. An Abstract of the Report
  3. Evaluation of Market Fluctuations and Outlook
    • Market Growth Drivers
    • Market Growth Deflation
    • Market Trends
  4. Fundamental Market Prospects
  5. Decarbonization Strategy and Carbon Credit Benefits for Market Players
    • Global Government Decarbonization Plans/Goals by Each Country under 2015 Agreement Agreed by 200 Countries
    • Measures taken by Countries to Reduce Carbon Footprints
    • Carbon Credits and Subsidy Plans/Benefits Rolled out by the Government for Market Players
    • Effective Ways to Harness Carbon-Credits and Impact on Profit Margins
    • Demand Impact on the Companies Opting for Carbon Credits
  6. Regulatory & Standards Landscape
  7. Economic Outlook: Japan
    • Limitations to Japan’s Economic Recovery
    • Uplifting Policies to Foster the Growth of the Economy
    • Future-Outlook and Strategic Move for Sustainable Economy
  8. Technological Shift and Implementation Analysis
  9. Impact of Recession on Global and Japan Economy
  10. Regional Demand Analysis
  11. Industry Value Chain Analysis
  12. Industry Growth Outlook
  13. Recent Technology Outlook in LED Lighting Market
  14. End User Analysis
  15. Pricing Analysis
  16. Start-up Analysis
  17. Porter Five Forces Analysis
  18. PEST Analysis
  19. Global LED Lighting Market Outlook & Projections, Opportunity Assessment, 2022 to 2035
    • Market Summary
    • Market Revenue by Value (USD Million), Volume (Million Units), and Compound Annual Growth Rate (CAGR)
    • Global LED Lighting Market Outlook & Projections, Opportunity Assessment by Segment
    • Year on Year Growth Forecast (%)
      • By Product
        1. Lamps, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
  • LED Bulb, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
  • LED Tube Light, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
    1. Luminaries, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
      • Downlighting, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
      • Decorative, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
      • Directional, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
      • Others, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
  • By Application
    1. Indoor, Market Value (USD Million) and CAGR, 2023-2035F
    2. Outdoor, Market Value (USD Million) and CAGR, 2023-2035F
  • By Sales Channel
    1. Retail/Wholesale, Market Value (USD Million) and CAGR, 2023-2035F
    2. Direct Sales, Market Value (USD Million) and CAGR, 2023-2035F
    3. E-commerce, Market Value (USD Million) and CAGR, 2023-2035F
  • By End-User
    1. Commercial, Market Value (USD Million) and CAGR, 2023-2035F
    2. Household, Market Value (USD Million) and CAGR, 2023-2035F
    3. Industrial, Market Value (USD Million) and CAGR, 2023-2035F
  • By Geography
    1. Market Overview
    2. Market Revenue by Value (USD Million), Volume (Million Units), and Compound Annual Growth Rate (CAGR)
      • North America, Market Value (USD million), Volume (Million Units), and CAGR, 2023-2035F
      • Europe, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
      • Asia Pacific Excluding Japan (APEJ), Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
      • Japan, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
      • Latin America, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
      • Middle East and Africa, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
  1. Cross Analysis of Product w.r.t. End-User (USD Million), 2022
  2. North America LED Lighting Demand Outlook & Projections, 2022 to 2035: A Comprehensive Study for Stakeholders
    • Market Summary
    • Market Revenue by Value (USD Million), Volume (Million Units), and Compound Annual Growth Rate (CAGR)
    • Global LED Lighting Market Outlook & Projections, Opportunity Assessment by Segment
    • Year on Year Growth Forecast (%)
      • By Product
        1. Lamps, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
  • LED Bulb, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
  • LED Tube Light, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
    1. Luminaries, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
      • Downlighting, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
      • Decorative, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
      • Directional, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
      • Others, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
  • By Application
    1. Indoor, Market Value (USD Million) and CAGR, 2023-2035F
    2. Outdoor, Market Value (USD Million) and CAGR, 2023-2035F
  • By Sales Channel
    1. Retail/Wholesale, Market Value (USD Million) and CAGR, 2023-2035F
    2. Direct Sales, Market Value (USD Million) and CAGR, 2023-2035F
    3. E-commerce, Market Value (USD Million) and CAGR, 2023-2035F
  • By End-User
    1. Commercial, Market Value (USD Million) and CAGR, 2023-2035F
    2. Household, Market Value (USD Million) and CAGR, 2023-2035F
    3. Industrial, Market Value (USD Million) and CAGR, 2023-2035F
  • By Geography
    1. Market Overview
    2. Market Revenue by Value (USD Million), Volume (Million Units), and Compound Annual Growth Rate (CAGR)
      • US, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
      • Canada, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
  1. Europe LED Lighting Demand Outlook & Projections, 2022 to 2035: A Comprehensive Study for Stakeholders
  • Market Summary
  • Market Revenue by Value (USD Million), Volume (Million Units), and Compound Annual Growth Rate (CAGR)
  • Global LED Lighting Market Outlook & Projections, Opportunity Assessment by Segment
  • Year on Year Growth Forecast (%)
    • By Product
    • By Application
    • By Sales Channel
    • By End-User
    • By Geography
      1. Market Overview
      2. Market Revenue by Value (USD Million), Volume (Million Units), and Compound Annual Growth Rate (CAGR)
        • Germany, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
        • UK, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
        • Italy, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
        • France, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
        • Spain, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
        • BENELUX, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
        • Russia, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
        • Poland, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
        • Rest of Europe, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
  1. Asia Pacific Excluding Japan (APEJ) LED Lighting Demand Outlook & Projections, 2022 to 2035: A Comprehensive Study for Stakeholders
    • Market Summary
    • Market Revenue by Value (USD Million), Volume (Million Units), and Compound Annual Growth Rate (CAGR)
    • Global LED Lighting Market Outlook & Projections, Opportunity Assessment by Segment
    • Year on Year Growth Forecast (%)
      • By Product
      • By Application
      • By Sales Channel
      • By End-User
      • By Geography
        1. Market Overview
        2. Market Revenue by Value (USD Million), Volume (Million Units), and Compound Annual Growth Rate (CAGR)
          • China, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
          • India, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
          • Indonesia, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
          • South Korea, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
          • Australia, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
          • Singapore, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
          • Malaysia, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
          • New Zealand, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
          • Rest of APEJ, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
  2. Japan LED Lighting Demand Outlook & Projections, 2022 to 2035: A Comprehensive Study for Stakeholders
    • Market Summary
    • Market Revenue by Value (USD Million), Volume (Million Units), and Compound Annual Growth Rate (CAGR)
    • Global LED Lighting Market Outlook & Projections, Opportunity Assessment by Segment
    • Year on Year Growth Forecast (%)
      • By Product
      • By Application
      • By Sales Channel
      • By End-User
  3. Latin America LED Lighting Demand Outlook & Projections, 2022 to 2035: A Comprehensive Study for Stakeholders
    • Market Summary
    • Market Revenue by Value (USD Million), Volume (Million Units), and Compound Annual Growth Rate (CAGR)
    • Global LED Lighting Market Outlook & Projections, Opportunity Assessment by Segment
    • Year on Year Growth Forecast (%)
      • By Product
      • By Application
      • By Sales Channel
      • By End-User
      • By Geography
        1. Market Overview
        2. Market Revenue by Value (USD Million), Volume (Million Units), and Compound Annual Growth Rate (CAGR)
          • Brazil, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
          • Mexico, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
          • Argentina, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
          • Rest of Latin America, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
  4. Middle East and Africa LED Lighting Demand Outlook & Projections, 2022 to 2035: A Comprehensive Study for Stakeholders
    • Market Summary
    • Market Revenue by Value (USD Million), Volume (Million Units), and Compound Annual Growth Rate (CAGR)
    • Global LED Lighting Market Outlook & Projections, Opportunity Assessment by Segment
    • Year on Year Growth Forecast (%)
      • By Product
      • By Application
      • By Sales Channel
      • By End-User
      • By Geography
        1. Market Overview
        2. Market Revenue by Value (USD Million), Volume (Million Units), and Compound Annual Growth Rate (CAGR)
          • Combined Gulf Countries, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
          • Israel, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
          • South Africa, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
          • Rest of MEA, Market Value (USD Million), Volume (Million Units), and CAGR, 2023-2035F
  5. Comprehensive Analysis of Leading Players in the Market
    • Acuity Brands, Inc.
    • Cree Lighting
    • Dialight
    • Digital Lumens, Incorporated. 
    • Hubbell
    • LSI Industries Inc.
    • Siteco GmbH
    • Signify Holding
    • Seoul Semiconductor Co., Ltd.
    • Zumtobel Lighting GmbH

Japanese Players

  • Panasonic Corporation
  • Koizumi Lighting Technology Corp.
  • ATEX Co., Ltd.
  • Nichia Corporation

Companies Dominating the LED Lighting Landscape

top-features-companies
    • Acuity Brands, Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Cree Lighting
    • Dialight
    • Digital Lumens, Incorporated
    • Hubbell
    • LSI Industries Inc
    • Siteco GmbH
    • Signify Holding
    • Seoul Semiconductor Co., Ltd.
    • Zumtobel Group AG
    • Panasonic Corporation
    • Koizumi Lighting Technology Corp
    • ATEX Co., Ltd
    • Nichia Corporation
    • Other Key Players

Browse Key Market Insights with Data Illustration:

In-the-news

In The News

  • Verjure, a professional-grade horticulture LED lighting solution, has been introduced by Acuity Brands, Inc. It provides effective and reliable performance for indoor horticulture applications. The Verjure Pro Series LED luminaires were created utilizing academic, plant-based research and are intended to assist all phases of plant development, from veg to flower.
     
  • Cree Lighting has introduced its J Series 5050C E Class LEDs, which have the best efficacy for high power LEDs in the industry: 228 lumens per watt (LPW) typical at 4000K, 70 CRI, and 1W. The new J Series LEDs provide up to three times as much light as comparable 5050 LEDs at the same level of efficiency. Additionally, these cutting-edge LEDs are made with high corrosion resistance for the harshest situations.

Author Credits:  Abhishek Verma, Hetal Singh


  • Report ID: 5269
  • Published Date: Sep 26, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major factors driving the growth of the market are growing adoption of smart LED lighting with integration of internet of things (IoT), rising efforts to save energy, and surge in efficiency in LED lighting.

The market size of LED lighting is anticipated to attain a CAGR of 14.0% over the forecast period, i.e., 2023 – 2035.

The major players in the market are Acuity Brands, Inc., Cree Lighting, Dialight, Digital Lumens, Incorporated, and others.

The commercial segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The market in the Asia Pacific excluding Japan region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
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