Global LED Lighting industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
LED lamps or luminaires are long-lasting and provide quality lighting than fluorescent or compact fluorescent or halogen incandescent or incandescent light bulbs. In LED lighting, LEDs are incorporated into lamps and luminaires for general lighting purposes. Both indoor and outdoor LED lighting are in our scope. Indoor LED lighting includes A-Type, decorative, directional, small directional, downlighting, linear fixture, and low/high bay. Outdoor LED lighting scope includes street/roadway, parking garage, parking lot, and building exterior.
The global LED lighting market is expected to generate total revenues of $68,181.3 million in 2023, representing a compound annual growth rate (CAGR) of 8.3% between 2018 and 2023.
The residential segment is expected to be the market's most lucrative in 2023, with total revenues of $28,238.9 million, equivalent to 41.4% of the market's overall value.
The Asia-Pacific LED lighting market accounted for 43.8% of the global market in 2023.
Scope
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Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global led lighting market
Leading company profiles reveal details of key led lighting market players’ global operations and financial performance
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Reasons to Buy
What was the size of the Global led lighting market by value in 2023?
What will be the size of the Global led lighting market in 2028?
What factors are affecting the strength of competition in the Global led lighting market?
How has the market performed over the last five years?
What are the main segments that make up the global's led lighting market?
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading players?
7.4. What are recent M&A activities in the market?
8 Company Profiles
8.1. Signify NV
8.2. OSRAM Licht AG
8.3. Acuity Brands Inc
8.4. Dialight Plc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
About GlobalData
List of Tables
Table 1: Global led lighting market value: $ million, 2018-23
Table 2: Global led lighting market category segmentation: % share, by value, 2018-2023
Table 3: Global led lighting market category segmentation: $ million, 2018-2023
Table 4: Global led lighting market geography segmentation: $ million, 2023
Table 5: Global led lighting market value forecast: $ million, 2023-28