Global Lighting
Market Report
2024
As per Cognitive Market Research's latest published report, the Global Lighting market size will be $172,413.70 Million by 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Lighting market size will be $172,413.70 Million by 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Lighting Market Sales Revenue 2030 | $ 172 Million |
Market Split by Type |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Lighting industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Lighting Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Lighting, often known as illumination, is the intentional use of light to create practical or aesthetic results. Lighting encompasses both artificial light sources such as lights and light fixtures, as well as natural illumination obtained by catching daylight.
It is used for home application as well as for professional lighting. The professional lighting further segmented into recessed lighting, cove lighting, track lighting, landscape lighting, and others.
Presently, there are numerous technological advancements entering into the market which drives the growth of market.
The commercial infrastructure has reported a significant growth in the past few years and is expected to witness significant growth in the forecasted period. Commercial infrastructure includes shopping malls, hospitals, corporate offices, museums, educational institutes, hotels, etc.
For any business, ambiance and aesthetics matter the most as they directly connect with the person's emotions as they visit the building.
For instance, the museum comprises priceless ancient treasures and thousands of people visit there to witness these treasures. Hence to offer the best visual experience, the authorities strive to manage the lighting which not only offers a soothing visual experience but also enhances emotional connections.
People generally prefer visiting hotels, restaurants, bars, SPA, etc. to take a break from routine stressful hectic life so that they can relax and get refreshed. To offer the best aesthetically pleasing environment, special emphasis is being given to the lighting system as it can create or destroy the mood of an individual.
All these commercial places required different intensities and colored light at different sections. For instance, hotels & hospitality required different lighting for hotel rooms, lift lobby, reception, etc. whereas the light intensity in educational institutes differs from classroom to corridor. The light intensity of the office floor differs from the cafeteria and the meeting rooms.
Moreover, the healthcare system also has the significant importance of light when it comes to the operation theater, ICUs, or other critical areas. In such cases, the smart lighting system can control the light as per the command and requirement of the individual or in response to seasons and local environment facilitating comfort to the doctors and patients by making the surroundings feel better.
The light management systems can manage all these tasks effortlessly. Lighting technologies are also applicable for multifloored buildings. It also offers easy energy management and controls of light to provide the right ambiance to the people and hence is being deployed by several commercial buildings which are driving the growth of the market.
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Signify Holding offers LED and conventional lighting solutions. The company offers diverse range products such as 3D printing light, indoor luminaires, such as landscape lighting, track lighting, lighting electronics, LED, retrofit kits, lighting controls and other. The brand included in the portfolio are Philips hue, dynalite, Interact, Color kinetics, and other.
March 2021
Signify has entered into partnership with National Hockey League to increase the use of sustainable lighting in North American ice hockey facilities
Havells India Ltd is fast moving electrical good FMCG brand with presence across several regions. The company is engaged in the manufacturing and distribution of several products such as luminaires for domestic, commercial and industrial application, cables, wire, motors fans, modular switches, home appliances, air conditioner, power capacitors, electric water heater, LED spot light, landscape lighting, track heads and other. The company has 90% of the products manufactured in house.
December 2021
Havells India Ltd has adopted advanced robotic technology at manufacturing facility under Make in India initiative.
Top Companies Market Share in Lighting Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
Region and country analysis section of Lighting Industry Analysis has been segmented into 5 major region such as North America, Europe, Asia Pacific, Middle East & Africa ,and Latin America (along with respective major contributing countries) and provides the revenue share, current trends.
The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of Lighting market.
The current report Scope analyzes Lighting Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Lighting Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Lighting Industry growth. Lighting market has been segmented with the help of its Type, , and others. Lighting market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The Home Application segment Revenue will be 87,385.46 Million by 2029.
The term "home application lighting" refers to indoor and outdoor lighting solutions for the home. Professional lighting, on the other hand, refers to specialized lighting solutions used in commercial spaces such as hospitality institutions, modern workspaces, healthcare facilities, and so on. Professional lighting has been installed for professional purposes. For instance, several corporate offices are installing smart lighting
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Lighting Industry. Request a Free Sample PDF!
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Lighting from 2019 to 2031. This will also help to analyze the demand for Lighting across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key of Lighting are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Research Associate at Cognitive Market Research
Anjali Lawand is an accomplished market researcher with a distinct focus on the intricate sector of the Aerospace and Defense. Driven by an unshakable analytical prowess and an insatiable appetite for technological progress, she has committed more than ten years to immersing herself in the ever-evolving panorama that molds the trajectory of aviation, space exploration, and the critical sphere of national security.
Anjali is a results-driven research analyst with a passion for transforming complex information into strategic insights. Grounded in a solid expertise in research and analysis in aerospace and defence category. She thrive on the challenges of data exploration and analysis.Her goal is to provide organizations with the actionable intelligence they need to navigate an ever-evolving business landscape and succeed in their business goals.
In her current role, Anjali manages research for aerospace and defence category, leading pivotal research initiatives, delving into market trends, consumer behavior, and competitive landscapes. She possess a proven ability to decipher intricate datasets, employing statistical models and visualization tools to deliver strategic insights. Collaborating seamlessly with cross-functional teams.She played a key role in shaping successful business strategies grounded in robust research.She dedicated to staying at the forefront of research methodologies and industry advancements. Anjali remains an invaluable asset in the dynamic landscape of market research.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Home Application, Professional Lighting |
List of Competitors | Hella Group, OSRAM Licht AG, Lutron Electronics Inc., OPPLE Lighting, Eaton Corporation Inc, Panasonic Corporation, ELX Lighting Technology Co. Ltd., Philips Lighting, GE Lighting, Signify Holding, Havells India Ltd., MLS Co Ltd., Foshan Electrical & Light, Cree Inc., Bosch Lighting Technology, Valeo Lighting Systems |
This chapter will help you gain GLOBAL Market Analysis of Lighting. Further deep in this chapter, you will be able to review Global Lighting Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Lighting Market Trends North America Lighting Technological Road Map North America Lighting Market Drivers North America Lighting Market Restraints North America Lighting Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
You can purchase only the Executive Summary South America Market (2019 vs 2024 vs 2031)
Chapter 6 Middle East and Africa Market Analysis
You can purchase only the Executive Summary Middle East and Africa Market (2019 vs 2024 vs 2031)
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Lighting market
Chapter 11 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Home Application have a significant impact on Lighting market? |
What are the key factors affecting the Home Application and Professional Lighting of Lighting Market? |
What is the CAGR/Growth Rate of during the forecast period? |
By type, which segment accounted for largest share of the global Lighting Market? |
Which region is expected to dominate the global Lighting Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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