Global Energy Efficient Lighting Market Growth 2023-2029

Global Energy Efficient Lighting Market Growth 2023-2029

Energy efficient lighting includes the use of more illumination from less power lights by replacing high power consumption lights like incandescent, high discharge lamps, etc.

LPI (LP Information)' newest research report, the “Energy Efficient Lighting Industry Forecast” looks at past sales and reviews total world Energy Efficient Lighting sales in 2022, providing a comprehensive analysis by region and market sector of projected Energy Efficient Lighting sales for 2023 through 2029. With Energy Efficient Lighting sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Energy Efficient Lighting industry.

This Insight Report provides a comprehensive analysis of the global Energy Efficient Lighting landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Energy Efficient Lighting portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Energy Efficient Lighting market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Energy Efficient Lighting and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Energy Efficient Lighting.

The global Energy Efficient Lighting market size is projected to grow from US$ 5522.3 million in 2022 to US$ 9393.4 million in 2029; it is expected to grow at a CAGR of 9393.4 from 2023 to 2029.

United States market for Energy Efficient Lighting is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Energy Efficient Lighting is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Energy Efficient Lighting is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Energy Efficient Lighting players cover Bajaj Electricals, Bridgelux, ABB (Cooper Industries), Cree, Digital Lumens, Eaton, GE Lighting, LIGMAN and Nichia, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Energy Efficient Lighting market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
High-Intensity Discharge Lamps (HID)
Linear Fluorescent Lamps (LFL)
Light Emitting Diodes (LED)

Segmentation by application
Commercial
Residential
Government
Industrial

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Bajaj Electricals
Bridgelux
ABB (Cooper Industries)
Cree
Digital Lumens
Eaton
GE Lighting
LIGMAN
Nichia
Osram
Royal Philips Electronics
Toshiba Lighting & Technology
Zumtobel Group
Seoul Semiconductor
AIXTRON

Key Questions Addressed in this Report

What is the 10-year outlook for the global Energy Efficient Lighting market?

What factors are driving Energy Efficient Lighting market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Energy Efficient Lighting market opportunities vary by end market size?

How does Energy Efficient Lighting break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.