Global LED Lighting Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global LED Lighting Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

LED lighting, also known as solid-state lighting, is a semiconductor-based lighting technology. Light Emitting Diode (LED) is a solid-state semiconductor device, which can convert electricity directly into light.

According to our (Global Info Research) latest study, the global LED Lighting market size was valued at US$ 35000 million in 2023 and is forecast to a readjusted size of USD 49320 million by 2030 with a CAGR of 5.1% during review period.

Global LED Lighting key players include Osram, Philips, GE Lighting, etc. Global top three manufacturers hold a share about 25%.

China is the largest market, with a share about 30%, followed by North America and Europe, both have a share about 45 percent.

In terms of product, Bulbs is the largest segment, with a share about 30%. And in terms of application, the largest application is Residential, followed by Office.

This report is a detailed and comprehensive analysis for global LED Lighting market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global LED Lighting market size and forecasts, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/Unit), 2019-2030

Global LED Lighting market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/Unit), 2019-2030

Global LED Lighting market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/Unit), 2019-2030

Global LED Lighting market shares of main players, shipments in revenue ($ Million), sales quantity (M Units), and ASP (USD/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for LED Lighting

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global LED Lighting market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Philips Lighting, Osram, GE Lighting, Eaton Cooper, Cree, Acuity Brands, Hubbell, Lighting Science, Feit Electric, Soraa, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

LED Lighting market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Spot Light
Led Luminaires
Street light
Bulbs
FL tube

Market segment by Application
Residential
Office
Industrial
Shop
Hospitality
Others

Major players covered
Philips Lighting
Osram
GE Lighting
Eaton Cooper
Cree
Acuity Brands
Hubbell
Lighting Science
Feit Electric
Soraa
Samsung LED

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe LED Lighting product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of LED Lighting, with price, sales quantity, revenue, and global market share of LED Lighting from 2019 to 2024.

Chapter 3, the LED Lighting competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the LED Lighting breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and LED Lighting market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of LED Lighting.

Chapter 14 and 15, to describe LED Lighting sales channel, distributors, customers, research findings and conclusion.