Global Lighting
Market Report
2025
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 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the Global Lighting market size will be $172,413.70 Million by 2030.
2021 | 2025 | 2033 | CAGR | |
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Global Lighting Market Sales Revenue | $ 111.478 Billion | $ 139.89 Billion | $ 220.285 Billion | 5.84% |
North America Lighting Market Sales Revenue | $ 31.682 Billion | $ 38.638 Billion | $ 58.86 Billion | 5.403% |
United States Lighting Market Sales Revenue | $ 25.206 Billion | $ 30.586 Billion | $ 46.299 Billion | 5.319% |
Canada Lighting Market Sales Revenue | $ 4.321 Billion | $ 5.347 Billion | $ 8.382 Billion | 5.779% |
Mexico Lighting Market Sales Revenue | $ 2.154 Billion | $ 2.705 Billion | $ 4.179 Billion | 5.59% |
Europe Lighting Market Sales Revenue | $ 24.971 Billion | $ 30.496 Billion | $ 47.361 Billion | 5.657% |
United Kingdom Lighting Market Sales Revenue | $ 2.897 Billion | $ 3.599 Billion | $ 5.683 Billion | 5.879% |
Germany Lighting Market Sales Revenue | $ 4.12 Billion | $ 5.184 Billion | $ 8.336 Billion | 6.116% |
France Lighting Market Sales Revenue | $ 2.722 Billion | $ 3.233 Billion | $ 4.783 Billion | 5.021% |
Italy Lighting Market Sales Revenue | $ 1.348 Billion | $ 1.525 Billion | $ 2.179 Billion | 4.561% |
Russia Lighting Market Sales Revenue | $ 3.271 Billion | $ 3.873 Billion | $ 5.825 Billion | 5.235% |
Spain Lighting Market Sales Revenue | $ 1.773 Billion | $ 2.074 Billion | $ 3.173 Billion | 5.461% |
Sweden Lighting Market Sales Revenue | $ 1.199 Billion | $ 1.409 Billion | $ 2.037 Billion | 4.713% |
Denmark Lighting Market Sales Revenue | $ 1.174 Billion | $ 1.403 Billion | $ 2.131 Billion | 5.367% |
Switzerland Lighting Market Sales Revenue | $ 1.099 Billion | $ 1.281 Billion | $ 1.894 Billion | 5.014% |
Luxembourg Lighting Market Sales Revenue | $ 0.799 Billion | $ 0.915 Billion | $ 1.373 Billion | 5.21% |
Rest of Europe Lighting Market Sales Revenue | $ 4.57 Billion | $ 6.002 Billion | $ 9.946 Billion | 6.518% |
Asia Pacific Lighting Market Sales Revenue | $ 40.689 Billion | $ 51.34 Billion | $ 84.81 Billion | 6.475% |
China Lighting Market Sales Revenue | $ 15.665 Billion | $ 19.92 Billion | $ 33.924 Billion | 6.882% |
Japan Lighting Market Sales Revenue | $ 4.663 Billion | $ 5.678 Billion | $ 9.041 Billion | 5.986% |
India Lighting Market Sales Revenue | $ 7.446 Billion | $ 9.703 Billion | $ 16.623 Billion | 6.961% |
South Korea Lighting Market Sales Revenue | $ 2.441 Billion | $ 2.824 Billion | $ 4.24 Billion | 5.214% |
Australia Lighting Market Sales Revenue | $ 0.948 Billion | $ 1.094 Billion | $ 1.637 Billion | 5.171% |
Singapore Lighting Market Sales Revenue | $ 1.099 Billion | $ 1.283 Billion | $ 1.951 Billion | 5.371% |
South East Asia Lighting Market Sales Revenue | $ 6.05 Billion | $ 7.737 Billion | $ 12.077 Billion | 5.724% |
Taiwan Lighting Market Sales Revenue | $ 1.18 Billion | $ 1.386 Billion | $ 2.12 Billion | 5.456% |
Rest of APAC Lighting Market Sales Revenue | $ 1.196 Billion | $ 1.715 Billion | $ 3.197 Billion | 8.099% |
South America Lighting Market Sales Revenue | $ 6.912 Billion | $ 10.352 Billion | $ 16.521 Billion | 6.018% |
Brazil Lighting Market Sales Revenue | $ 2.405 Billion | $ 3.634 Billion | $ 5.849 Billion | 6.131% |
Argentina Lighting Market Sales Revenue | $ 0.864 Billion | $ 1.263 Billion | $ 1.916 Billion | 5.352% |
Colombia Lighting Market Sales Revenue | $ 0.56 Billion | $ 0.849 Billion | $ 1.371 Billion | 6.178% |
Peru Lighting Market Sales Revenue | $ 0.359 Billion | $ 0.518 Billion | $ 0.793 Billion | 5.478% |
Chile Lighting Market Sales Revenue | $ 0.325 Billion | $ 0.466 Billion | $ 0.727 Billion | 5.72% |
Rest of South America Lighting Market Sales Revenue | $ 2.398 Billion | $ 3.623 Billion | $ 5.865 Billion | 6.206% |
Middle East Lighting Market Sales Revenue | $ 4.637 Billion | $ 5.819 Billion | $ 8.062 Billion | 4.159% |
Saudi Arabia Lighting Market Sales Revenue | $ 1.874 Billion | $ 2.38 Billion | $ 3.288 Billion | 4.121% |
Turkey Lighting Market Sales Revenue | $ 1.081 Billion | $ 1.333 Billion | $ 1.822 Billion | 3.988% |
UAE Lighting Market Sales Revenue | $ 0.518 Billion | $ 0.655 Billion | $ 0.935 Billion | 4.547% |
Egypt Lighting Market Sales Revenue | $ 0.496 Billion | $ 0.634 Billion | $ 0.895 Billion | 4.396% |
Qatar Lighting Market Sales Revenue | $ 0.41 Billion | $ 0.532 Billion | $ 0.745 Billion | 4.301% |
Rest of Middle East Lighting Market Sales Revenue | $ 0.26 Billion | $ 0.285 Billion | $ 0.377 Billion | 3.563% |
Africa Lighting Market Sales Revenue | $ 2.586 Billion | $ 3.245 Billion | $ 4.67 Billion | 4.654% |
Nigeria Lighting Market Sales Revenue | $ 0.654 Billion | $ 0.828 Billion | $ 1.21 Billion | 4.858% |
South Africa Lighting Market Sales Revenue | $ 1.141 Billion | $ 1.418 Billion | $ 2.017 Billion | 4.504% |
Rest of Africa Lighting Market Sales Revenue | $ 0.791 Billion | $ 1 Billion | $ 1.443 Billion | 4.696% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
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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Market Drivers:
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Market Restrains:
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Market Trends:
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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!
The Lighting industry is experiencing significant transformation, driven by advancements in smart lighting technologies, increasing demand for energy-efficient solutions, and growing emphasis on sustainability. Smart lighting systems, powered by IoT and AI, are enhancing user experience through automation and energy optimization. However, challenges such as supply chain disruptions and regulatory complexities pose risks to market growth. Innovations like organic light-emitting diodes (OLEDs) and human-centric lighting are redefining design possibilities, offering improved energy efficiency and user well-being. These developments are shaping a more connected, sustainable, and user-centric lighting landscape.
For instance, in December 2024, Light + LED Expo India attracted over 11,000 visitors, emphasizing the industry's shift towards intelligent and sustainable lighting solutions.
(Source:https://www.in.messefrankfurt.com/mumbai/en/press/press-releases/2024/Sparking-business-and-innovations-the-29th-edition-of-Light-LED-Expo-India-2024-wraps-up-attracting-11211-visitors.html?)
The demand for artificial lighting is a significant driver of market growth, fueled by factors such as urbanization, technological advancements, and the increasing need for energy-efficient solutions. As urban populations grow, the need for effective and sustainable lighting solutions becomes more pressing. Technological innovations, especially in LED and smart lighting technologies, have led to products that offer enhanced energy efficiency and longer lifespans. Additionally, the global emphasis on sustainability and energy conservation has prompted both consumers and businesses to adopt energy-efficient lighting solutions. These factors collectively contribute to the robust demand for artificial lighting across various sectors.
Establishing new manufacturing facilities in the lighting industry presents several challenges. The initial capital investment required for setting up plants is substantial, encompassing costs for land acquisition, construction, machinery, and technology. Additionally, the complexity of integrating advanced technologies and ensuring compliance with stringent environmental and safety regulations can delay production timelines. Labor shortages and the need for a skilled workforce further complicate operations, leading to increased training costs and potential delays in achieving optimal productivity. These factors collectively contribute to higher operational costs and can strain financial resources, affecting the overall profitability and growth prospects of lighting manufacturers.
The growing adoption of solar energy presents significant opportunities in the lighting market, particularly in regions with abundant sunlight. Advancements in photovoltaic technology and decreasing costs of solar panels have made solar-powered lighting solutions more accessible and cost-effective. Government incentives and policies, such as subsidies and tax breaks, further encourage the adoption of solar lighting systems. These developments not only promote energy efficiency and sustainability but also reduce dependence on conventional power sources, contributing to a cleaner environment. Therefore, the integration of solar energy into lighting solutions is becoming increasingly prevalent, driving growth in the market.
For instance, in November 2024, a survey revealed that 52% of Indians are open to adopting solar power if incentivized with easy financing support.
(Source:https://the-good.in/2024/11/18/52-indians-open-to-adopt-solar-power-if-incentivised-with-easy-financing-support-luminous-survey/?)
We have various report editions of Lighting Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
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 2025 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!
The aerospace and defense industry is one of the most dynamic sectors, driven by cutting-edge technologies, evolving defense strategies, and regulatory compliance. In this chapter, we have included the Lighting market size, revenue share, and growth rate for each segment at both global and regional levels.
Additionally, we offer a qualitative analysis of the key drivers and restraints shaping the growth of the Lighting market. This section provides valuable insights into aerospace and defense industry trends, challenges, and technological advancements. By utilizing this analysis, all types of manufacturing, R&D, and defense operations can develop strategic plans and make well-informed decisions to maintain a competitive edge in a rapidly evolving market.
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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Senior Research Associate at Cognitive Market Research
A results driven Market Research Senior Associate with 4 years of experience delivering actionable insights across diverse industries including consumer goods, healthcare, technology, and industrial sectors. Skilled in designing and executing both qualitative and quantitative research methodologies, competitive benchmarking, and data-driven strategy development. Adept at transforming complex market data into clear, strategic recommendations for product development, go-to-market planning, and business expansion.
A results driven Market Research Senior Associate with 4 years of experience delivering actionable insights across diverse industries including consumer goods, healthcare, technology, and industrial sectors. Skilled in designing and executing both qualitative and quantitative research methodologies, competitive benchmarking, and data-driven strategy development. Adept at transforming complex market data into clear, strategic recommendations for product development, go-to-market planning, and business expansion.
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
This chapter will help you gain North America Market Analysis of Lighting. Further deep in this chapter, you will be able to review North America Lighting Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Lighting. Further deep in this chapter, you will be able to review Europe Lighting Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Lighting. Further deep in this chapter, you will be able to review Asia Pacific Lighting Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Lighting. Further deep in this chapter, you will be able to review South America Lighting Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Lighting. Further deep in this chapter, you will be able to review Middle East Lighting Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Lighting. Further deep in this chapter, you will be able to review Middle East Lighting Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Lighting. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging 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.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
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 2021 - 2033
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.
Chapter 12 Research Methodology and Sources
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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