Global Lamps Market Size, Share & Industry Trends Analysis Report By Product (Desk Lamp, and Floor Lamp), By Type (Decorative Lamp, and Reading Lamp), By Application, By Regional Outlook and Forecast, 2023 - 2030

Global Lamps Market Size, Share & Industry Trends Analysis Report By Product (Desk Lamp, and Floor Lamp), By Type (Decorative Lamp, and Reading Lamp), By Application, By Regional Outlook and Forecast, 2023 - 2030


The Global Lamps Market size is expected to reach $6.5 billion by 2030, rising at a market growth of 5.2% CAGR during the forecast period.

Growing environmental consciousness and an enhanced awareness of energy usage are propelling a growing demand in the European region for sustainable lighting choices. Consequently, Europe region would generate approximately 29% share of the market by 2030. Customers and businesses are actively looking for lamps that support their environmental objectives, fostering market expansion. Major players in the lamp industry are spending money on R&D to develop cutting-edge lighting solutions. The creation of LED bulbs with cutting-edge capabilities like dimmability, color temperature management, and smart networking falls under this category. By providing improved functionality and customization choices, these features meet the changing needs of residential and commercial consumers of this region. Some of the factors impacting the market are technological advancements leading to the development of high-efficiency products, rising global personal disposable incomes, and environmental damage brought on by the widespread use of LED lights.

In order to save as much energy as possible, producers are working to improve the energy efficiency of their lamp products. More environmentally friendly lighting options, including LED floor lights, are becoming more popular as customers try to live sustainably. Consumers prefer the bases of floor lamps made of metal, glass, and crystal, which boosts lamp sales and propels the market's growth. Middle-class people are willing to try new things and spend money on items that align with their priorities despite their high pickiness. Even if a substantial fraction of this class is employed, it is helpful for businesses since it raises the possibility that they will buy goods supporting their pursuit of excellence. As a result, more people will purchase non-essential products like lamps as the proportion of people with more disposable income rises. In turn, this would aid the market's expansion in the next years.

However, due to light pollution, particularly the blue light produced by LED lighting, stargazing has become difficult. When exposed to a lot of artificial light, wildlife's biological rhythms and nocturnal preferences are interrupted, which can have disastrous results. People's circadian rhythms may be disturbed, which makes nighttime driving more difficult. It might even bring on spring sooner under some conditions. Therefore, the expansion of the market is expected to be hampered by the rise in light pollution.

Product Outlook

Based on product, the market is divided into desk lamp and floor lamp. The desk lamp segment garnered the highest revenue share in the market in 2022. Desk lamps have undergone significant developments and advancements in recent years, reflecting consumers' shifting needs and tastes. The rising acceptance of LED desk lighting is one noticeable trend. These lights frequently have programmable brightness settings, color temperatures, and programmable designs to offer the best lighting conditions for specific tasks. Smart feature integration is another trend in desk lamps.

Type Outlook

On the basis of type, the market is segmented into reading lamps and decorative lamp. The reading lamp segment recorded a significant revenue share in the market in 2022. Reading lamps come in various configurations, including floor-standing, desk, clamp, wall/shelf mounted, or small, portable lamps. Reading lamps with space-saving designs are in demand as workplaces in home and business settings get smaller. Manufacturers are producing desk-friendly reading lamps with a small profile. Another option for compact reading lights is the clamp-on lamp, which may be fastened to the edge of a desk or bed or put on a wall or a shelf.

Application Outlook

By application, the market is bifurcated into residential/retail and commercial/hospitality. The commercial/hospitality segment witnessed the maximum revenue share in the market in 2022. Important market growth drivers in the segment include visual appeal and lamp integration into the overall architectural style of commercial facilities. Businesses and organizations look for lamps that illuminate their spaces effectively and add to the aesthetic appeal of their buildings. To create visually beautiful and impactful lighting installations, architectural lighting styles like recessed or track lamp lighting are used. Market expansion is being driven by incorporating commercial lighting into smart building systems.

Regional Outlook

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific region procured the highest revenue share in the market in 2022. The demand for energy-efficient lighting solutions in the Asia Pacific has been fueled by technological breakthroughs and a growing concern for environmental protection. Additionally, many levels of government in this region have recognized the value of energy-efficient lighting and have implemented initiatives and incentive programs to promote its use. These reasons have prompted the creation of various lighting systems and solutions that assist in lowering energy usage and minimizing environmental effects.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Panasonic Holdings Corporation, Koninklijke Philips N.V., Stanley Electric Co. Ltd., ams-OSRAM AG, General Electric Company, Toshiba Corporation, Siemens AG, Samsung Electronics Co., Ltd. (Samsung Group), OPPLE Lighting Co Ltd., and Maxlite, Inc.

Scope of the Study

Market Segments covered in the Report:

By Product
  • Desk Lamp
  • Floor Lamp
By Type
  • Decorative Lamp
  • Reading Lamp
By Application
  • Commercial/Hospitality
  • Residential/Retail
By Geography
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA
Companies Profiled
  • Panasonic Holdings Corporation
  • Koninklijke Philips N.V.
  • Stanley Electric Co. Ltd.
  • ams-OSRAM AG
  • General Electric Company
  • Toshiba Corporation
  • Siemens AG
  • Samsung Electronics Co., Ltd. (Samsung Group)
  • OPPLE Lighting Co Ltd.
  • Maxlite, Inc.
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Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Lamps Market, by Product
1.4.2 Global Lamps Market, by Type
1.4.3 Global Lamps Market, by Application
1.4.4 Global Lamps Market, by Geography
1.5 Methodology for the research
Chapter 2. Market At a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Force Analysis
Chapter 4. Global Lamps Market by Product
4.1 Global Desk Lamp Market by Region
4.2 Global Floor Lamp Market by Region
Chapter 5. Global Lamps Market by Type
5.1 Global Decorative Lamp Market by Region
5.2 Global Reading Lamp Market by Region
Chapter 6. Global Lamps Market by Application
6.1 Global Commercial/Hospitality Market by Region
6.2 Global Residential/Retail Market by Region
Chapter 7. Global Lamps Market by Region
7.1 North America Lamps Market
7.1.1 North America Lamps Market by Product
7.1.1.1 North America Desk Lamp Market by Country
7.1.1.2 North America Floor Lamp Market by Country
7.1.2 North America Lamps Market by Type
7.1.2.1 North America Decorative Lamp Market by Country
7.1.2.2 North America Reading Lamp Market by Country
7.1.3 North America Lamps Market by Application
7.1.3.1 North America Commercial/Hospitality Market by Country
7.1.3.2 North America Residential/Retail Market by Country
7.1.4 North America Lamps Market by Country
7.1.4.1 US Lamps Market
7.1.4.1.1 US Lamps Market by Product
7.1.4.1.2 US Lamps Market by Type
7.1.4.1.3 US Lamps Market by Application
7.1.4.2 Canada Lamps Market
7.1.4.2.1 Canada Lamps Market by Product
7.1.4.2.2 Canada Lamps Market by Type
7.1.4.2.3 Canada Lamps Market by Application
7.1.4.3 Mexico Lamps Market
7.1.4.3.1 Mexico Lamps Market by Product
7.1.4.3.2 Mexico Lamps Market by Type
7.1.4.3.3 Mexico Lamps Market by Application
7.1.4.4 Rest of North America Lamps Market
7.1.4.4.1 Rest of North America Lamps Market by Product
7.1.4.4.2 Rest of North America Lamps Market by Type
7.1.4.4.3 Rest of North America Lamps Market by Application
7.2 Europe Lamps Market
7.2.1 Europe Lamps Market by Product
7.2.1.1 Europe Desk Lamp Market by Country
7.2.1.2 Europe Floor Lamp Market by Country
7.2.2 Europe Lamps Market by Type
7.2.2.1 Europe Decorative Lamp Market by Country
7.2.2.2 Europe Reading Lamp Market by Country
7.2.3 Europe Lamps Market by Application
7.2.3.1 Europe Commercial/Hospitality Market by Country
7.2.3.2 Europe Residential/Retail Market by Country
7.2.4 Europe Lamps Market by Country
7.2.4.1 Germany Lamps Market
7.2.4.1.1 Germany Lamps Market by Product
7.2.4.1.2 Germany Lamps Market by Type
7.2.4.1.3 Germany Lamps Market by Application
7.2.4.2 UK Lamps Market
7.2.4.2.1 UK Lamps Market by Product
7.2.4.2.2 UK Lamps Market by Type
7.2.4.2.3 UK Lamps Market by Application
7.2.4.3 France Lamps Market
7.2.4.3.1 France Lamps Market by Product
7.2.4.3.2 France Lamps Market by Type
7.2.4.3.3 France Lamps Market by Application
7.2.4.4 Russia Lamps Market
7.2.4.4.1 Russia Lamps Market by Product
7.2.4.4.2 Russia Lamps Market by Type
7.2.4.4.3 Russia Lamps Market by Application
7.2.4.5 Spain Lamps Market
7.2.4.5.1 Spain Lamps Market by Product
7.2.4.5.2 Spain Lamps Market by Type
7.2.4.5.3 Spain Lamps Market by Application
7.2.4.6 Italy Lamps Market
7.2.4.6.1 Italy Lamps Market by Product
7.2.4.6.2 Italy Lamps Market by Type
7.2.4.6.3 Italy Lamps Market by Application
7.2.4.7 Rest of Europe Lamps Market
7.2.4.7.1 Rest of Europe Lamps Market by Product
7.2.4.7.2 Rest of Europe Lamps Market by Type
7.2.4.7.3 Rest of Europe Lamps Market by Application
7.3 Asia Pacific Lamps Market
7.3.1 Asia Pacific Lamps Market by Product
7.3.1.1 Asia Pacific Desk Lamp Market by Country
7.3.1.2 Asia Pacific Floor Lamp Market by Country
7.3.2 Asia Pacific Lamps Market by Type
7.3.2.1 Asia Pacific Decorative Lamp Market by Country
7.3.2.2 Asia Pacific Reading Lamp Market by Country
7.3.3 Asia Pacific Lamps Market by Application
7.3.3.1 Asia Pacific Commercial/Hospitality Market by Country
7.3.3.2 Asia Pacific Residential/Retail Market by Country
7.3.4 Asia Pacific Lamps Market by Country
7.3.4.1 China Lamps Market
7.3.4.1.1 China Lamps Market by Product
7.3.4.1.2 China Lamps Market by Type
7.3.4.1.3 China Lamps Market by Application
7.3.4.2 Japan Lamps Market
7.3.4.2.1 Japan Lamps Market by Product
7.3.4.2.2 Japan Lamps Market by Type
7.3.4.2.3 Japan Lamps Market by Application
7.3.4.3 India Lamps Market
7.3.4.3.1 India Lamps Market by Product
7.3.4.3.2 India Lamps Market by Type
7.3.4.3.3 India Lamps Market by Application
7.3.4.4 South Korea Lamps Market
7.3.4.4.1 South Korea Lamps Market by Product
7.3.4.4.2 South Korea Lamps Market by Type
7.3.4.4.3 South Korea Lamps Market by Application
7.3.4.5 Singapore Lamps Market
7.3.4.5.1 Singapore Lamps Market by Product
7.3.4.5.2 Singapore Lamps Market by Type
7.3.4.5.3 Singapore Lamps Market by Application
7.3.4.6 Malaysia Lamps Market
7.3.4.6.1 Malaysia Lamps Market by Product
7.3.4.6.2 Malaysia Lamps Market by Type
7.3.4.6.3 Malaysia Lamps Market by Application
7.3.4.7 Rest of Asia Pacific Lamps Market
7.3.4.7.1 Rest of Asia Pacific Lamps Market by Product
7.3.4.7.2 Rest of Asia Pacific Lamps Market by Type
7.3.4.7.3 Rest of Asia Pacific Lamps Market by Application
7.4 LAMEA Lamps Market
7.4.1 LAMEA Lamps Market by Product
7.4.1.1 LAMEA Desk Lamp Market by Country
7.4.1.2 LAMEA Floor Lamp Market by Country
7.4.2 LAMEA Lamps Market by Type
7.4.2.1 LAMEA Decorative Lamp Market by Country
7.4.2.2 LAMEA Reading Lamp Market by Country
7.4.3 LAMEA Lamps Market by Application
7.4.3.1 LAMEA Commercial/Hospitality Market by Country
7.4.3.2 LAMEA Residential/Retail Market by Country
7.4.4 LAMEA Lamps Market by Country
7.4.4.1 Brazil Lamps Market
7.4.4.1.1 Brazil Lamps Market by Product
7.4.4.1.2 Brazil Lamps Market by Type
7.4.4.1.3 Brazil Lamps Market by Application
7.4.4.2 Argentina Lamps Market
7.4.4.2.1 Argentina Lamps Market by Product
7.4.4.2.2 Argentina Lamps Market by Type
7.4.4.2.3 Argentina Lamps Market by Application
7.4.4.3 UAE Lamps Market
7.4.4.3.1 UAE Lamps Market by Product
7.4.4.3.2 UAE Lamps Market by Type
7.4.4.3.3 UAE Lamps Market by Application
7.4.4.4 Saudi Arabia Lamps Market
7.4.4.4.1 Saudi Arabia Lamps Market by Product
7.4.4.4.2 Saudi Arabia Lamps Market by Type
7.4.4.4.3 Saudi Arabia Lamps Market by Application
7.4.4.5 South Africa Lamps Market
7.4.4.5.1 South Africa Lamps Market by Product
7.4.4.5.2 South Africa Lamps Market by Type
7.4.4.5.3 South Africa Lamps Market by Application
7.4.4.6 Nigeria Lamps Market
7.4.4.6.1 Nigeria Lamps Market by Product
7.4.4.6.2 Nigeria Lamps Market by Type
7.4.4.6.3 Nigeria Lamps Market by Application
7.4.4.7 Rest of LAMEA Lamps Market
7.4.4.7.1 Rest of LAMEA Lamps Market by Product
7.4.4.7.2 Rest of LAMEA Lamps Market by Type
7.4.4.7.3 Rest of LAMEA Lamps Market by Application
Chapter 8. Company Profiles
8.1 Panasonic Holdings Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.6 SWOT Analysis
8.2 Koninklijke Philips N.V.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 SWOT Analysis
8.3 Stanley Electric Co. Ltd.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental Analysis
8.3.4 SWOT Analysis
8.4 ams-OSRAM AG
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 SWOT Analysis
8.5 General Electric Company
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 SWOT Analysis
8.6 Toshiba Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research and Development Expense
8.6.5 SWOT Analysis
8.7 Siemens AG
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 SWOT Analysis
8.8 Samsung Electronics Co., Ltd. (Samsung Group)
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 SWOT Analysis
8.9 OPPLE Lighting Co Ltd.
8.9.1 Company Overview
8.9.2 SWOT Analysis
8.10. Maxlite, Inc.
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Product Launches and Product Expansions:
8.10.3 SWOT Analysis
Chapter 9. Winning Imperative for Lamps Market

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