LED Lighting Market

Best Price Guarantee	Publisher	Published Date	SKU
from $3,475	Evolve Business Intelligence	April, 2025	EVBI19932012

Best Price Guarantee
Price	from $3,475
Publisher	Evolve Business Intelligence
Published Date	April, 2025
SKU	EVBI19932012

The LED Lighting Market is projected to grow significantly, reaching USD 135.32 billion by 2033. In 2023, the market was valued at USD 75.65 billion and is anticipated to expand at a compound annual growth rate (CAGR) of 8.54% over the next decade. The global market size is expected to hit USD 81.48 billion by 2030, up from USD 70.94 billion in 2022, reflecting a CAGR of 11.0% from 2023 to 2030. In 2022, the commercial sector led the market, driven by the high demand for LED troffers and downlights. LED luminaires and indoor applications were prominent, with North America, Europe, and Asia Pacific being key regions for market expansion.

The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.

Segments covered

By End Use (Residential, Commercial, Industrial, Others)
By Product (Lamps, Luminaires), By Application (Indoor, Outdoor)

Key players

Signify Holding/ Philips Lighting
Cree Inc.
OSRAM
Digital Lumens Inc.
Acuity Brands
Eaton
GE Lighting
Nichia Corporation
Seoul Semiconductor
Zumtobel Group

CHAPTER 1. Executive Summary: CHAPTER 2. Scope of the Study; 2.1. Market Definition; 2.2. Market Scope & Segmentation; 2.2.1. Objective of Report; CHAPTER 3. Evolve BI Methodology; 3.1. Data Collection & Validation Approach; 3.2. Market Size Estimation and Forecast; CHAPTER 4. Exclusive Analysis; 4.1. Market Opportunity Score; 4.1.1. End User Segement – Market Opportunity Score; 4.1.2. Product Segment – Market Opportunity Score; 4.1.3. Application Segment – Market Opportunity Score; 4.2. Key Market Influencing Indicators; CHAPTER 5. Market Insights and Trends; 5.1. Value Chain Analysis; 5.1.1. Raw Material; 5.1.2. Manufacturing Process; 5.1.3. Distribution Channel; 5.1.4. End User; 5.2. Porter’s Five Forces Analysis; 5.2.1. Bargaining Power of Buyers; 5.2.2. Bargaining Power of Suppliers; 5.2.3. Threat of New Entrant; 5.2.4. Threat of Substitute; 5.2.5. Industry Rivalry; 5.3. COVID-19 Impact and Post COVID Scenario on LED Lighting Market; 5.3.1. Impact of COVID-19; 5.3.2. Government Support and Industry Revival Policies; 5.3.3. Measures Taken by Companies to Mitigate Negative Impact; 5.3.4. Post COVID Trend; CHAPTER 6. MArket Dynamics; 6.1. Introduction; 6.2. Drivers; 6.2.1. Driver 1; 6.2.2. Driver 2; 6.2.3. Driver 3; 6.3. Restraints; 6.3.1. Restraint 1; 6.3.2. Restraint 2; 6.4. Opportunity; 6.4.1. Opportunity 1; CHAPTER 7. Global LED Lighting Market, By End User; 7.1. Introduction; 7.1.1. Residential; 7.1.2. Commercial; 7.1.3. Industrial; 7.1.4. Others; CHAPTER 8. Global LED Lighting Market, By Product; 8.1. Introduction; 8.1.1. Lamps; 8.1.2. Luminaires; CHAPTER 9. Global LED Lighting Market, By Application; 9.1. Introduction; 9.1.1. Indoor; 9.1.2. Outdoor; CHAPTER 10. Global LED Lighting Market, By Region; 10.1. Introduction; 10.2. NORTH AMERICA; 10.2.1. North America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million); 10.2.2. North America: Market Size and Forecast, By End User , 2023 – 2033 ($ Million); 10.2.3. North America: Market Size and Forecast, By Product, 2023 – 2033 ($ Million); 10.2.4. North America: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.2.5. US; 10.2.5.1. US: Market Size and Forecast, By End User , 2023 – 2033 ($ Million); 10.2.5.2. US: Market Size and Forecast, By Product, 2023 – 2033 ($ Million); 10.2.5.3. US: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.2.6. CANADA; 10.2.6.1. Canada: Market Size and Forecast, By End User , 2023 – 2033 ($ Million); 10.2.6.2. Canada: Market Size and Forecast, By Product, 2023 – 2033 ($ Million); 10.2.6.3. Canada: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.2.7. MEXICO; 10.2.7.1. Mexico: Market Size and Forecast, By End User , 2023 – 2033 ($ Million); 10.2.7.2. Mexico: Market Size and Forecast, By Product, 2023 – 2033 ($ Million); 10.2.7.3. Mexico: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.3. Europe; 10.3.1. Europe: Market Size and Forecast, By Country, 2023 – 2033 ($ Million); 10.3.2. Europe: Market Size and Forecast, By End User , 2023 – 2033 ($ Million); 10.3.3. Europe: Market Size and Forecast, By Product, 2023 – 2033 ($ Million); 10.3.4. Europe: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.3.5. U.K.; 10.3.5.1. U.K.: Market Size and Forecast, By End User , 2023 – 2033 ($ Million); 10.3.5.2. U.K.: Market Size and Forecast, By Product, 2023 – 2033 ($ Million); 10.3.5.3. U.K.: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.3.6. GERMANY; 10.3.6.1. Germany: Market Size and Forecast, By End User , 2023 – 2033 ($ Million); 10.3.6.2. Germany: Market Size and Forecast, By Product, 2023 – 2033 ($ Million); 10.3.6.3. Germany: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.3.7. FRANCE; 10.3.7.1. France: Market Size and Forecast, By End User , 2023 – 2033 ($ Million); 10.3.7.2. France: Market Size and Forecast, By Product, 2023 – 2033 ($ Million); 10.3.7.3. France: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.3.8. ITALY; 10.3.8.1. Italy: Market Size and Forecast, By End User , 2023 – 2033 ($ Million); 10.3.8.2. Italy: Market Size and Forecast, By Product, 2023 – 2033 ($ Million); 10.3.8.3. Italy: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.3.9. SPAIN; 10.3.9.1. Spain: Market Size and Forecast, By End User , 2023 – 2033 ($ Million); 10.3.9.2. Spain: Market Size and Forecast, By Product, 2023 – 2033 ($ Million); 10.3.9.3. Spain: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.3.10. BENELUX; 10.3.10.1. BeNeLux: Market Size and Forecast, By End User , 2023 – 2033 ($ Million); 10.3.10.2. BeNeLux: Market Size and Forecast, By Product, 2023 – 2033 ($ Million); 10.3.10.3. BeNeLux: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.3.11. RUSSIA; 10.3.11.1. Russia: Market Size and Forecast, By End User , 2023 – 2033 ($ Million); 10.3.11.2. Russia: Market Size and Forecast, By Product, 2023 – 2033 ($ Million); 10.3.11.3. Russia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.3.12. REST OF EUROPE; 10.3.12.1. Rest of Europe: Market Size and Forecast, By End User , 2023 – 2033 ($ Million); 10.3.12.2. Rest of Europe: Market Size and Forecast, By Product, 2023 – 2033 ($ Million); 10.3.12.3. Rest of Europe: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.4. Asia Pacific; 10.4.1. Asia Pacific: Market Size and Forecast, By Country, 2023 – 2033 ($ Million); 10.4.2. Asia Pacific: Market Size and Forecast, By End User , 2023 – 2033 ($ Million); 10.4.3. Asia Pacific: Market Size and Forecast, By Product, 2023 – 2033 ($ Million); 10.4.4. Asia Pacific: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.4.5. CHINA; 10.4.5.1. China: Market Size and Forecast, By End User , 2023 – 2033 ($ Million); 10.4.5.2. China: Market Size and Forecast, By Product, 2023 – 2033 ($ Million); 10.4.5.3. China: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.4.6. JAPAN; 10.4.6.1. Japan: Market Size and Forecast, By End User , 2023 – 2033 ($ Million); 10.4.6.2. Japan: Market Size and Forecast, By Product, 2023 – 2033 ($ Million); 10.4.6.3. Japan: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.4.7. INDIA; 10.4.7.1. India: Market Size and Forecast, By End User , 2023 – 2033 ($ Million); 10.4.7.2. India: Market Size and Forecast, By Product, 2023 – 2033 ($ Million); 10.4.7.3. India: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.4.8. SOUTH KOREA; 10.4.8.1. South Korea: Market Size and Forecast, By End User , 2023 – 2033 ($ Million); 10.4.8.2. South Korea: Market Size and Forecast, By Product, 2023 – 2033 ($ Million); 10.4.8.3. South Korea: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.4.9. THAILAND; 10.4.9.1. Thailand: Market Size and Forecast, By End User , 2023 – 2033 ($ Million); 10.4.9.2. Thailand: Market Size and Forecast, By Product, 2023 – 2033 ($ Million); 10.4.9.3. Thailand: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.4.10. INDONESIA; 10.4.10.1. Indonesia: Market Size and Forecast, By End User , 2023 – 2033 ($ Million); 10.4.10.2. Indonesia: Market Size and Forecast, By Product, 2023 – 2033 ($ Million); 10.4.10.3. Indonesia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.4.11. MALAYSIA; 10.4.11.1. Malaysia: Market Size and Forecast, By End User , 2023 – 2033 ($ Million); 10.4.11.2. Malaysia: Market Size and Forecast, By Product, 2023 – 2033 ($ Million); 10.4.11.3. Malaysia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.4.12. AUSTRALIA; 10.4.12.1. Australia: Market Size and Forecast, By End User , 2023 – 2033 ($ Million); 10.4.12.2. Australia: Market Size and Forecast, By Product, 2023 – 2033 ($ Million); 10.4.12.3. Australia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.4.13. REST FO ASIA PACIFIC; 10.4.13.1. Rest fo Asia Pacific: Market Size and Forecast, By End User , 2023 – 2033 ($ Million); 10.4.13.2. Rest fo Asia Pacific: Market Size and Forecast, By Product, 2023 – 2033 ($ Million); 10.4.13.3. Rest fo Asia Pacific: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.5. South America; 10.5.1. South America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million); 10.5.2. South America: Market Size and Forecast, By End User , 2023 – 2033 ($ Million); 10.5.3. South America: Market Size and Forecast, By Product, 2023 – 2033 ($ Million); 10.5.4. South America: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.5.5. BRAZIL; 10.5.5.1. Brazil: Market Size and Forecast, By End User , 2023 – 2033 ($ Million); 10.5.5.2. Brazil: Market Size and Forecast, By Product, 2023 – 2033 ($ Million); 10.5.5.3. Brazil: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.5.6. ARGENTINA; 10.5.6.1. Argentina: Market Size and Forecast, By End User , 2023 – 2033 ($ Million); 10.5.6.2. Argentina: Market Size and Forecast, By Product, 2023 – 2033 ($ Million); 10.5.6.3. Argentina: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.5.7. REST OF SOUTH AMERICA; 10.5.7.1. Rest of South America: Market Size and Forecast, By End User , 2023 – 2033 ($ Million); 10.5.7.2. Rest of South America: Market Size and Forecast, By Product, 2023 – 2033 ($ Million); 10.5.7.3. Rest of South America: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.6. Middle East & Africa; 10.6.1. Middle East & Africa: Market Size and Forecast, By Country, 2023 – 2033 ($ Million); 10.6.2. Middle East & Africa: Market Size and Forecast, By End User , 2023 – 2033 ($ Million); 10.6.3. Middle East & Africa: Market Size and Forecast, By Product, 2023 – 2033 ($ Million); 10.6.4. Middle East & Africa: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.6.5. SAUDI ARABIA; 10.6.5.1. Saudi Arabia: Market Size and Forecast, By End User , 2023 – 2033 ($ Million); 10.6.5.2. Saudi Arabia: Market Size and Forecast, By Product, 2023 – 2033 ($ Million); 10.6.5.3. Saudi Arabia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.6.6. UAE; 10.6.6.1. UAE: Market Size and Forecast, By End User , 2023 – 2033 ($ Million); 10.6.6.2. UAE: Market Size and Forecast, By Product, 2023 – 2033 ($ Million); 10.6.6.3. UAE: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.6.7. EGYPT; 10.6.7.1. Egypt: Market Size and Forecast, By End User , 2023 – 2033 ($ Million); 10.6.7.2. Egypt: Market Size and Forecast, By Product, 2023 – 2033 ($ Million); 10.6.7.3. Egypt: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.6.8. SOUTH AFRICA; 10.6.8.1. South Africa: Market Size and Forecast, By End User , 2023 – 2033 ($ Million); 10.6.8.2. South Africa: Market Size and Forecast, By Product, 2023 – 2033 ($ Million); 10.6.8.3. South Africa: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.6.9. REST OF MIDDLE EAST & AFRICA; 10.6.9.1. Rest of Middle East & Africa: Market Size and Forecast, By End User , 2023 – 2033 ($ Million); 10.6.9.2. Rest of Middle East & Africa: Market Size and Forecast, By Product, 2023 – 2033 ($ Million); 10.6.9.3. Rest of Middle East & Africa: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); CHAPTER 12. Competitive Landscape; 12.1. Competitior Benchmarking 2023; 12.2. Market Share Analysis; 12.3. Key Developments Analysis By Top 5 Companies; 12.4. Market Share Acquisition Strategies: Analysis of Key Approaches Employed by Top Players; CHAPTER 13. Company Profiles; 13.1. Signify Holding/ Philips Lighting; 13.1.1. Business Overview; 13.1.2. Financial Analysis; 13.1.2.1. Business Segment Revenue, 2020, 2021, 2022, $ Million; 13.1.2.2. Geographic Revenue Mix, 2022 (% Share); 13.1.3. Product Portfolio; 13.1.4. Recent Development and Strategies Adopted; 13.1.5. SWOT Analysis; 13.2. Cree Inc.; 13.3. OSRAM; 13.4. Digital Lumens Inc.; 13.5. Acuity Brands; 13.6. Eaton; 13.7. GE Lighting; 13.8. Nichia Corporation; 13.9. Seoul Semiconductor; 13.10. Genie AI Ltd