Companies Dominating the Light Engine Market
- General Electric Company
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Acuity Brands, Inc.
- OSRAM GmbH
- Samsung Electronics Co., Ltd.
- Signify Holding
- Zumtobel Lighting GmbH
- Glamox Limited
- Hubbell Incorporated
- Ideal Industries Inc.
- Lutron Electronics Co., Inc.
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of light engine is assessed at USD 144.36 billion.
The light engine market size was over USD 116.24 billion in 2024 and is projected to reach USD 660.63 billion by 2037, growing at around 14.3% CAGR during the forecast period i.e., between 2025-2037. The market growth is propelled by growing demand for energy-efficient lighting systems and the reduction in the price of LED lights around the world.
Asia Pacific industry is expected to dominate majority revenue share of 32% by 2037, driven by rapid rise in population and surging adoption of light engine lights are also assessed to accelerate the region.
The major players in the market are General Electric Company, Acuity Brands, Inc., OSRAM GmbH, Samsung Electronics Co., Ltd., Signify Holding, Zumtobel Lighting GmbH, Glamox Limited, Hubbell Incorporated, Ideal Industries Inc., Lutron Electronics Co., Inc.