LED Lighting Market (Type: Bulbs and Luminaires; and Installation: New and Retrofit) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2034
LED Lighting Market – Scope of Report
TMR’s report on the global LED lighting market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2024 to 2034. The report provides revenue of the global LED lighting market for the period 2018–2034, considering 2024 as the base year and 2034 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global LED lighting market from 2024 to 2034.
The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the LED lighting market.
Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global LED lighting market.
The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global LED lighting market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global LED lighting market.
The report delves into the competitive landscape of the global LED lighting market. Key players operating in the global LED lighting market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global LED lighting market profiled in this report.
Key Questions Answered in Global LED lighting Market Report
- What is the sales/revenue generated by LED lighting across all regions during the forecast period?
- What are the opportunities in the global LED lighting market?
- What are the major drivers, restraints, opportunities, and threats in the market?
- Which regional market is set to expand at the fastest CAGR during the forecast period?
- Which segment is expected to generate the highest revenue globally in 2034?
- Which segment is projected to expand at the highest CAGR during the forecast period?
- What are the market positions of different companies operating in the global market?
The comprehensive report on the global LED lighting market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.
For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.
The report analyzes the global LED lighting market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2034 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global LED lighting market.
- 1. Preface
- 1.1. Market and Segment Definitions
- 1.2. Market Taxonomy
- 1.3. Research Methodology
- 1.4. Assumption and Acronyms
- 2. Executive Summary
- 2.1. Global LED Lighting Market Overview
- 2.2. Regional Outline
- 2.3. Industry Outline
- 2.4. Market Dynamics Snapshot
- 2.5. Competition Blueprint
- 3. Market Dynamics
- 3.1. Macroeconomic Factors
- 3.2. Drivers
- 3.3. Restraints
- 3.4. Opportunities
- 3.5. Key Trends
- 3.6. Regulatory Framework
- 4. Associated Industry and Key Indicator Assessment
- 4.1. Parent Industry Overview
- 4.2. Ecosystem Analysis
- 4.3. Pricing Analysis
- 4.4. Technology Roadmap Analysis
- 4.5. Industry SWOT Analysis
- 4.6. Porter’s Five Forces Analysis
- 5. Global LED Lighting Market Analysis, by Type
- 5.1. LED Lighting Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Type, 2020-2034
- 5.1.1. Bulbs
- 5.1.1.1. A-Type
- 5.1.1.2. T-Type
- 5.1.1.3. G-Type
- 5.1.1.4. Others
- 5.1.2. Luminaires
- 5.1.2.1. Troffers
- 5.1.2.2. Downlights
- 5.1.2.3. Track Lights
- 5.1.2.4. Panel Lights
- 5.1.2.5. Linear Lights
- 5.1.2.6. High Bay Lights
- 5.1.2.7. Low Bay Lights
- 5.1.2.8. Decorative Lights
- 5.1.2.9. Strip Lights
- 5.2. Market Attractiveness Analysis, by Type
- 6. Global LED Lighting Market Analysis, by Application
- 6.1. LED Lighting Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Application, 2020-2034
- 6.1.1. Indoor
- 6.1.2. Outdoor
- 6.2. Market Attractiveness Analysis, by Application
- 7. Global LED Lighting Market Analysis, by Installation
- 7.1. LED Lighting Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Installation, 2020-2034
- 7.1.1. New
- 7.1.2. Retrofit
- 7.2. Market Attractiveness Analysis, by Installation
- 8. Global LED Lighting Market Analysis and Forecast, by Sales Channel
- 8.1. LED Lighting Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Sales Channel, 2020-2034
- 8.1.1. Retail/Wholesale
- 8.1.2. Direct Sales
- 8.1.3. E-commerce
- 8.2. Market Attractiveness Analysis, by Sales Channel
- 9. Global LED Lighting Market Analysis and Forecast, by Region
- 9.1. LED Lighting Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Region, 2020-2034
- 9.1.1. North America
- 9.1.2. Europe
- 9.1.3. Asia Pacific
- 9.1.4. Middle East & Africa
- 9.1.5. South America
- 9.2. Market Attractiveness Analysis, by Region
- 10. North America LED Lighting Market Analysis and Forecast
- 10.1. Market Snapshot
- 10.2. LED Lighting Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Type, 2020-2034
- 10.2.1. Bulbs
- 10.2.1.1. A-Type
- 10.2.1.2. T-Type
- 10.2.1.3. G-Type
- 10.2.1.4. Others
- 10.2.2. Luminaires
- 10.2.2.1. Troffers
- 10.2.2.2. Downlights
- 10.2.2.3. Track Lights
- 10.2.2.4. Panel Lights
- 10.2.2.5. Linear Lights
- 10.2.2.6. High Bay Lights
- 10.2.2.7. Low Bay Lights
- 10.2.2.8. Decorative Lights
- 10.2.2.9. Strip Lights
- 10.3. LED Lighting Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Application, 2020-2034
- 10.3.1. Indoor
- 10.3.2. Outdoor
- 10.4. LED Lighting Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Installation, 2020-2034
- 10.4.1. New
- 10.4.2. Retrofit
- 10.5. LED Lighting Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Sales Channel, 2020-2034
- 10.5.1. Retail/Wholesale
- 10.5.2. Direct Sales
- 10.5.3. E-commerce
- 10.6. LED Lighting Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Country, 2020-2034
- 10.6.1. U.S.
- 10.6.2. Canada
- 10.6.3. Rest of North America
- 10.7. Market Attractiveness Analysis
- 10.7.1. By Type
- 10.7.2. By Application
- 10.7.3. By Installation
- 10.7.4. By Sales Channel
- 10.7.5. By Country
- 11. Europe LED Lighting Market Analysis and Forecast
- 11.1. Market Snapshot
- 11.2. LED Lighting Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Type, 2020-2034
- 11.2.1. Bulbs
- 11.2.1.1. A-Type
- 11.2.1.2. T-Type
- 11.2.1.3. G-Type
- 11.2.1.4. Others
- 11.2.2. Luminaires
- 11.2.2.1. Troffers
- 11.2.2.2. Downlights
- 11.2.2.3. Track Lights
- 11.2.2.4. Panel Lights
- 11.2.2.5. Linear Lights
- 11.2.2.6. High Bay Lights
- 11.2.2.7. Low Bay Lights
- 11.2.2.8. Decorative Lights
- 11.2.2.9. Strip Lights
- 11.3. LED Lighting Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Application, 2020-2034
- 11.3.1. Indoor
- 11.3.2. Outdoor
- 11.4. LED Lighting Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Installation, 2020-2034
- 11.4.1. New
- 11.4.2. Retrofit
- 11.5. LED Lighting Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Sales Channel, 2020-2034
- 11.5.1. Retail/Wholesale
- 11.5.2. Direct Sales
- 11.5.3. E-commerce
- 11.6. LED Lighting Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Country and Sub-region, 2020-2034
- 11.6.1. U.K.
- 11.6.2. Germany
- 11.6.3. France
- 11.6.4. Rest of Europe
- 11.7. Market Attractiveness Analysis
- 11.7.1. By Type
- 11.7.2. By Application
- 11.7.3. By Installation
- 11.7.4. By Sales Channel
- 11.7.5. By Country/Sub-region
- 12. Asia Pacific LED Lighting Market Analysis and Forecast
- 12.1. Market Snapshot
- 12.2. LED Lighting Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Type, 2020-2034
- 12.2.1. Bulbs
- 12.2.1.1. A-Type
- 12.2.1.2. T-Type
- 12.2.1.3. G-Type
- 12.2.1.4. Others
- 12.2.2. Luminaires
- 12.2.2.1. Troffers
- 12.2.2.2. Downlights
- 12.2.2.3. Track Lights
- 12.2.2.4. Panel Lights
- 12.2.2.5. Linear Lights
- 12.2.2.6. High Bay Lights
- 12.2.2.7. Low Bay Lights
- 12.2.2.8. Decorative Lights
- 12.2.2.9. Strip Lights
- 12.3. LED Lighting Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Application, 2020-2034
- 12.3.1. Indoor
- 12.3.2. Outdoor
- 12.4. LED Lighting Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Installation, 2020-2034
- 12.4.1. New
- 12.4.2. Retrofit
- 12.5. LED Lighting Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Sales Channel, 2020-2034
- 12.5.1. Retail/Wholesale
- 12.5.2. Direct Sales
- 12.5.3. E-commerce
- 12.6. LED Lighting Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Country and Sub-region, 2020-2034
- 12.6.1. China
- 12.6.2. Japan
- 12.6.3. India
- 12.6.4. South Korea
- 12.6.5. ASEAN
- 12.6.6. Rest of Asia Pacific
- 12.7. Market Attractiveness Analysis
- 12.7.1. By Type
- 12.7.2. By Application
- 12.7.3. By Installation
- 12.7.4. By Sales Channel
- 12.7.5. By Country/Sub-region
- 13. Middle East & Africa LED Lighting Market Analysis and Forecast
- 13.1. Market Snapshot
- 13.2. LED Lighting Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Type, 2020-2034
- 13.2.1. Bulbs
- 13.2.1.1. A-Type
- 13.2.1.2. T-Type
- 13.2.1.3. G-Type
- 13.2.1.4. Others
- 13.2.2. Luminaires
- 13.2.2.1. Troffers
- 13.2.2.2. Downlights
- 13.2.2.3. Track Lights
- 13.2.2.4. Panel Lights
- 13.2.2.5. Linear Lights
- 13.2.2.6. High Bay Lights
- 13.2.2.7. Low Bay Lights
- 13.2.2.8. Decorative Lights
- 13.2.2.9. Strip Lights
- 13.3. LED Lighting Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Application, 2020-2034
- 13.3.1. Indoor
- 13.3.2. Outdoor
- 13.4. LED Lighting Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Installation, 2020-2034
- 13.4.1. New
- 13.4.2. Retrofit
- 13.5. LED Lighting Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Sales Channel, 2020-2034
- 13.5.1. Retail/Wholesale
- 13.5.2. Direct Sales
- 13.5.3. E-commerce
- 13.6. LED Lighting Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Country and Sub-region, 2020-2034
- 13.6.1. GCC
- 13.6.2. South Africa
- 13.6.3. Rest of Middle East & Africa
- 13.7. Market Attractiveness Analysis
- 13.7.1. By Type
- 13.7.2. By Application
- 13.7.3. By Installation
- 13.7.4. By Sales Channel
- 13.7.5. By Country/Sub-region
- 14. South America LED Lighting Market Analysis and Forecast
- 14.1. Market Snapshot
- 14.2. LED Lighting Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Type, 2020-2034
- 14.2.1. Bulbs
- 14.2.1.1. A-Type
- 14.2.1.2. T-Type
- 14.2.1.3. G-Type
- 14.2.1.4. Others
- 14.2.2. Luminaires
- 14.2.2.1. Troffers
- 14.2.2.2. Downlights
- 14.2.2.3. Track Lights
- 14.2.2.4. Panel Lights
- 14.2.2.5. Linear Lights
- 14.2.2.6. High Bay Lights
- 14.2.2.7. Low Bay Lights
- 14.2.2.8. Decorative Lights
- 14.2.2.9. Strip Lights
- 14.3. LED Lighting Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Application, 2020-2034
- 14.3.1. Indoor
- 14.3.2. Outdoor
- 14.4. LED Lighting Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Installation, 2020-2034
- 14.4.1. New
- 14.4.2. Retrofit
- 14.5. LED Lighting Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Sales Channel, 2020-2034
- 14.5.1. Retail/Wholesale
- 14.5.2. Direct Sales
- 14.5.3. E-commerce
- 14.6. LED Lighting Market Value (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, by Country and Sub-region, 2020-2034
- 14.6.1. Brazil
- 14.6.2. Rest of South America
- 14.7. Market Attractiveness Analysis
- 14.7.1. By Type
- 14.7.2. By Application
- 14.7.3. By Installation
- 14.7.4. By Sales Channel
- 14.7.5. By Country/Sub-region
- 15. Competition Assessment
- 15.1. Global LED Lighting Market Competition Matrix - a Dashboard View
- 15.1.1. Global LED Lighting Market Company Share Analysis, by Value (2023)
- 15.1.2. Technological Differentiator
- 16. Company Profiles (Global Manufacturers/Suppliers)
- 16.1. OSRAM GmbH
- 16.1.1. Overview
- 16.1.2. Product Portfolio
- 16.1.3. Sales Footprint
- 16.1.4. Key Subsidiaries or Distributors
- 16.1.5. Strategy and Recent Developments
- 16.1.6. Key Financials
- 16.2. Cree LED, an SGH company
- 16.2.1. Overview
- 16.2.2. Product Portfolio
- 16.2.3. Sales Footprint
- 16.2.4. Key Subsidiaries or Distributors
- 16.2.5. Strategy and Recent Developments
- 16.2.6. Key Financials
- 16.3. Sumitomo Electric Industries, Ltd.
- 16.3.1. Overview
- 16.3.2. Product Portfolio
- 16.3.3. Sales Footprint
- 16.3.4. Key Subsidiaries or Distributors
- 16.3.5. Strategy and Recent Developments
- 16.3.6. Key Financials
- 16.4. ACUITY BRANDS, INC.
- 16.4.1. Overview
- 16.4.2. Product Portfolio
- 16.4.3. Sales Footprint
- 16.4.4. Key Subsidiaries or Distributors
- 16.4.5. Strategy and Recent Developments
- 16.4.6. Key Financials
- 16.5. SiteWorx Software
- 16.5.1. Overview
- 16.5.2. Product Portfolio
- 16.5.3. Sales Footprint
- 16.5.4. Key Subsidiaries or Distributors
- 16.5.5. Strategy and Recent Developments
- 16.5.6. Key Financials
- 16.6. Signify Holding
- 16.6.1. Overview
- 16.6.2. Product Portfolio
- 16.6.3. Sales Footprint
- 16.6.4. Key Subsidiaries or Distributors
- 16.6.5. Strategy and Recent Developments
- 16.6.6. Key Financials
- 16.7. LG Electronics
- 16.7.1. Overview
- 16.7.2. Product Portfolio
- 16.7.3. Sales Footprint
- 16.7.4. Key Subsidiaries or Distributors
- 16.7.5. Strategy and Recent Developments
- 16.7.6. Key Financials
- 16.8. Panasonic Holdings Corporation
- 16.8.1. Overview
- 16.8.2. Product Portfolio
- 16.8.3. Sales Footprint
- 16.8.4. Key Subsidiaries or Distributors
- 16.8.5. Strategy and Recent Developments
- 16.8.6. Key Financials
- 16.9. Hubbell
- 16.9.1. Overview
- 16.9.2. Product Portfolio
- 16.9.3. Sales Footprint
- 16.9.4. Key Subsidiaries or Distributors
- 16.9.5. Strategy and Recent Developments
- 16.9.6. Key Financials
- 16.10. Sharp Corporation
- 16.10.1. Overview
- 16.10.2. Product Portfolio
- 16.10.3. Sales Footprint
- 16.10.4. Key Subsidiaries or Distributors
- 16.10.5. Strategy and Recent Developments
- 16.10.6. Key Financials
- 16.11. Siteco GmbH
- 16.11.1. Overview
- 16.11.2. Product Portfolio
- 16.11.3. Sales Footprint
- 16.11.4. Key Subsidiaries or Distributors
- 16.11.5. Strategy and Recent Developments
- 16.11.6. Key Financials
- 16.12. Havells India Ltd.
- 16.12.1. Overview
- 16.12.2. Product Portfolio
- 16.12.3. Sales Footprint
- 16.12.4. Key Subsidiaries or Distributors
- 16.12.5. Strategy and Recent Developments
- 16.12.6. Key Financials
- 16.13. TRILIX GmbH & Co.KG
- 16.13.1. Overview
- 16.13.2. Product Portfolio
- 16.13.3. Sales Footprint
- 16.13.4. Key Subsidiaries or Distributors
- 16.13.5. Strategy and Recent Developments
- 16.13.6. Key Financials
- 16.14. Fagerhults Belysning AB
- 16.14.1. Overview
- 16.14.2. Product Portfolio
- 16.14.3. Sales Footprint
- 16.14.4. Key Subsidiaries or Distributors
- 16.14.5. Strategy and Recent Developments
- 16.14.6. Key Financials
- 16.15. Syska
- 16.15.1. Overview
- 16.15.2. Product Portfolio
- 16.15.3. Sales Footprint
- 16.15.4. Key Subsidiaries or Distributors
- 16.15.5. Strategy and Recent Developments
- 16.15.6. Key Financials
- 16.16. GoGreenLED
- 16.16.1. Overview
- 16.16.2. Product Portfolio
- 16.16.3. Sales Footprint
- 16.16.4. Key Subsidiaries or Distributors
- 16.16.5. Strategy and Recent Developments
- 16.16.6. Key Financials
- 16.17. Forest Lighting
- 16.17.1. Overview
- 16.17.2. Product Portfolio
- 16.17.3. Sales Footprint
- 16.17.4. Key Subsidiaries or Distributors
- 16.17.5. Strategy and Recent Developments
- 16.17.6. Key Financials
- 16.18. EVERLIGHT ELECTRONICS CO., LTD.
- 16.18.1. Overview
- 16.18.2. Product Portfolio
- 16.18.3. Sales Footprint
- 16.18.4. Key Subsidiaries or Distributors
- 16.18.5. Strategy and Recent Developments
- 16.18.6. Key Financials
- 16.19. Wipro Lighting
- 16.19.1. Overview
- 16.19.2. Product Portfolio
- 16.19.3. Sales Footprint
- 16.19.4. Key Subsidiaries or Distributors
- 16.19.5. Strategy and Recent Developments
- 16.19.6. Key Financials
- 17. Go to Market Strategy
- 17.1. Identification of Potential Market Spaces
- 17.2. Preferred Sales & Marketing Strategy
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