市場調査レポート
商品コード
1436834

LED照明の世界市場:製品タイプ別、用途別、設置別、販売チャネル別、地域別 - 2029年までの予測

LED Lighting Market by Product (Lamps, Luminaire), Application (Indoor, Outdoor), Installation (New, Retrofit), Sales Channel (Direct, retail, E-commerce) and Region (North America, Europe, APAC, Rest of the World) - Global Forecast to 2029

出版日: | 発行: MarketsandMarkets | ページ情報: 英文 265 Pages | 納期: 即納可能 即納可能とは

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価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=160.11円
LED照明の世界市場:製品タイプ別、用途別、設置別、販売チャネル別、地域別 - 2029年までの予測
出版日: 2024年02月23日
発行: MarketsandMarkets
ページ情報: 英文 265 Pages
納期: 即納可能 即納可能とは
  • 全表示
  • 概要
  • 目次
概要

LED照明の市場規模は、2024年の789億米ドルから2029年には1,184億米ドルに達すると予測されており、2024年から2029年までのCAGRは8.5%で成長する見込みです。

スマート照明システムの利用の増加、有利な政府の取り組みや規制、電球や照明器具の需要増加によるR&Dへの投資の増加などが、この市場の成長需要を牽引しています。

調査範囲
調査対象年 2020年~2029年
基準年 2023年
予測期間 2024年~2029年
検討単位 金額(10億米ドル)
セグメント別 製品タイプ別、用途別、設置別、販売チャネル別、地域別
対象地域 北米、欧州、アジア太平洋、その他の地域

世界各国の政府は、エネルギー効率と持続可能性の重要性を徐々に認識しており、その結果、LED照明ソリューションの採用を奨励することを目的とした支持的な規制が制定されています。これらの規制措置は、従来の照明技術から、よりエネルギー効率が高く、環境に優しい代替品への移行を奨励するために戦略的に作られています。

屋外セグメントは予測期間を通じて10.8%という高いCAGRが予測されています。この成長は、街路照明や道路照明、トンネル照明、投光照明、スタジアムやスポーツ施設など、屋外におけるエネルギー効率の高い照明システムの導入が増加していることに起因しています。屋外プロジェクトは主に政府機関によって資金提供されることから、省エネルギーとコスト効率に重点が置かれています。現在、世界では約3億1,700万個の街灯が稼動しており、この数字は2027年までに3億6,300万個に増加すると予測されています。

新規設置は、最新のLEDランプと照明器具を組み込んだ先進的なLED照明システムの完全なセットアップを含みます。新しいLED照明器具を組み込むのは簡単なプロセスで、他の照明技術と同様に新築プロジェクトに適合します。照明システムの部分的なアップグレードを伴うレトロフィット設置とは対照的に、新規設置は従来の照明設備の全面的な交換を伴います。そのため、既存のランプとそれに関連する制御装置や器具を段階的に取り外し、LEDランプとそれに対応する制御装置や器具を設置することになります。LED照明器具をレトロフィットと比較する場合、重要な差別化要因はコスト面にあります。LED照明器具の導入には、既存の照明インフラを交換する必要があるため、より高い費用が発生する可能性があり、有資格の電気技師を雇うことに伴う追加費用が発生します。

照明器具セグメントは、予測期間を通じて6.9%という高いCAGRが予測されています。この成長は、道路照明、トンネル照明、投光照明、スタジアム、スポーツ複合施設などの屋外プロジェクトでエネルギー効率の高い照明システムの導入が拡大していることに起因しています。さらに、LED照明器具の長寿命や大幅な省エネといった利点に対する請負業者やプロジェクト管理者の意識の高まりが、照明器具セグメントの上昇軌道に寄与しています。

アジア太平洋は、予測期間を通じてLED照明市場をリードする構えであり、同地域は最高の年間平均成長率を示すと予測されています。アジア太平洋のLED照明市場成長の重要な促進要因は、中国、インド、日本、オーストラリア、韓国などの主要国でLED照明ソリューションの需要が高まっていることです。同時に、東南アジア諸国を含むアジア太平洋地域の発展途上国における住宅、商業、工業部門にわたる建設活動の急増は、この地域のLED照明市場成長の重要な促進要因となっています。

当レポートでは、世界のLED照明市場について調査し、製品タイプ別、用途別、設置別、販売チャネル別、地域別動向、および市場に参入する企業のプロファイルなどをまとめています。

目次

第1章 イントロダクション

第2章 調査手法

第3章 エグゼクティブサマリー

第4章 重要考察

第5章 市場概要

  • イントロダクション
  • 市場力学
  • バリューチェーン分析
  • エコシステム分析
  • 投資と資金調達のシナリオ
  • ポーターのファイブフォース分析
  • 価格分析
  • 貿易分析
  • LED照明市場の収益の変化と新たな収益源
  • ケーススタディ分析
  • 主要な会議とイベント
  • 特許分析
  • 技術分析
  • 政府の規制と基準
  • 規制状況
  • 購入プロセスにおける主要な利害関係者

第6章 LED照明市場、用途別

  • イントロダクション
  • 屋内
  • 屋外

第7章 LED照明市場、製品タイプ別

  • イントロダクション
  • ランプ
  • 照明器具

第8章 LED照明市場、設置別

  • イントロダクション
  • 新規
  • 後付け

第9章 LED照明のルーメン

  • イントロダクション
  • 1,600ルーメン
  • 1,100ルーメン
  • 800ルーメン
  • 450ルーメン

第10章 LED照明市場、販売チャネル別

  • イントロダクション
  • 小売卸売
  • 直販・契約ベース
  • Eコマース

第11章 LED照明市場、地域別

  • イントロダクション
  • 南北アメリカ
  • 欧州
  • アジア太平洋
  • その他の地域

第12章 競合情勢

  • イントロダクション
  • 主要参入企業の戦略/秘策
  • 市場シェア分析
  • 主要企業の収益分析
  • 企業評価と財務指標
  • ブランド/製品の比較
  • 主要企業の企業評価マトリックス
  • スタートアップ/中小企業向けの企業評価マトリクス
  • 競合シナリオと動向

第13章 企業プロファイル

  • 主要参入企業
    • SIGNIFY HOLDING
    • ACUITY BRANDS, INC.
    • PANASONIC HOLDINGS CORPORATION
    • AMS-OSRAM AG
    • LG ELECTRONICS
    • CREE LIGHTING USA LLC
    • DIALIGHT
    • HUBBELL(PART OF GE CURRENT)
    • ZUMTOBEL GROUP
    • SAVANT SYSTEMS, INC.
  • その他の企業
    • CURRENT LIGHTING SOLUTIONS, LLC
    • SAMSUNG
    • SHARP CORPORATION
    • SITECO GMBH(GE)
    • HAVELLS INDIA LTD.
    • TRILUX GMBH & CO. KG
    • FAGERHULTS BELYSNING AB
    • SYSKA
    • GOGREENLED
    • FOREST LIGHTING
    • EVERLIGHT ELECTRONICS CO., LTD.
    • WIPRO LIGHTING
    • OPPLE LIGHTING CO., LTD.
    • NVC LIGHTING LTD.(SUBSIDIARY OF NVC INTERNATIONAL HOLDINGS)
    • SORAA

第14章 付録

目次
Product Code: SE 4912

The LED Lighting Market is projected to reach USD 118.4 billion by 2029 from USD 78.9 billion in 2024; it is expected to grow at a CAGR of 8.5% from 2024 to 2029. The increasing use of smart lighting systems, favorable government initiatives and regulations, along with growing investments in R&D due to rising demand for bulbs and luminaires to drive the demand for growth in this market.

Scope of the Report
Years Considered for the Study2020-2029
Base Year2023
Forecast Period2024-2029
Units ConsideredValue (USD Billion)
SegmentsBy Product, Application, Installation, Sales Channel and Region
Regions coveredNorth America, Europe, Asia Pacific, and Rest of the World

"Favorable government initiatives and regulations for energy efficient LED lighting solutions across the world to drive the growth of LED Lighting Market."

Governments globally are progressively acknowledging the significance of energy efficiency and sustainability, resulting in the enactment of supportive regulations aimed at encouraging the adoption of LED lighting solutions. These regulatory measures are strategically crafted to incentivize the shift from conventional lighting technologies to more energy-efficient and eco-friendly alternatives.

"The Outdoor segment is expected to grow at a higher CAGR during forecasted period."

The outdoor segment is anticipated to experience a higher CAGR of 10.8% throughout the forecast period. This growth is attributed to the rising deployment of energy-efficient lighting systems in outdoor initiatives such as street and road lighting, tunnel lighting, floodlighting, and stadiums and sports complexes. Given that outdoor projects are predominantly funded by government entities, there is a heightened focus on energy conservation and cost efficiency. Presently, approximately 317 million streetlights are operational globally, and this figure is projected to increase to 363 million by 2027, presenting substantial opportunities for the adoption of LED lighting solutions in outdoor applications.

"The new installation segment is expected hold the majority market share during the forecasted duration."

New installation involves the complete setup of advanced LED lighting systems, incorporating the latest LED lamps and luminaires. Integrating new LED light fixtures is a straightforward process, compatible with new construction projects similar to other lighting technologies. In contrast to retrofit installation, which entails a partial upgrade of lighting systems, new installation encompasses the full replacement of a traditional lighting setup. This entails the phased removal of the existing lamp, along with its associated controls and fixtures, making way for the installation of LED lamps and their corresponding controls and fixtures. When comparing LED lighting fixtures to retrofitting, a significant differentiator lies in the cost implications. The implementation of LED lighting fixtures can incur higher expenses due to the necessity of replacing the existing lighting infrastructure, leading to additional costs associated with hiring a qualified electrician.

"The market for the luminaires segment is expected to grow at a higher CAGR during the forecast period."

The luminaires segment is projected to experience a higher CAGR of 6.9% throughout the forecast period. This growth is attributed to the expanding deployment of energy-efficient lighting systems in outdoor projects such as street and road lighting, tunnel lighting, floodlighting, stadiums, and sports complexes. Moreover, the growing awareness among contractors and project managers about the advantages associated with LED luminaires, including extended lifespan and significant energy-saving potential, is contributing to the upward trajectory of the luminaires segment.

"Asia-Pacific region to hold largest market share in the LED Lighting Market in 2023."

Asia Pacific is poised to take the lead in the LED lighting market throughout the forecast period, with the region expected to exhibit the highest Compound Annual Growth Rate. The significant driver behind the growth of the LED lighting market in Asia Pacific is the escalating demand for LED lighting solutions in major economies such as China, India, Japan, Australia, and South Korea. Simultaneously, the surge in construction activities across residential, commercial, and industrial sectors in developing economies within Asia Pacific, including Southeast Asian countries, is a key catalyst for the growth of the LED lighting market in the region.

Breakdown of profiles of primary participants:

  • By Company Type: Tier 1 = 20%, Tier 2 = 45%, and Tier 3 = 35%
  • By Designation: C-level Executives = 35%, Directors = 25%, and Others = 40%
  • By Region: North America = 45%, Europe = 25%, Asia Pacific = 20%, and Rest of the World = 10%

Major players profiled in this report:

The LED Lighting Market is dominated by established players such as Signify Holding (Netherlands), Acuity Brands, Inc.(US), Cree Lighting USA LLC (US), ams-OSRAM AG (Austria), LG Electronics (South Korea), Dialight (UK), Panasonic Corporation (Japan), Hubbell (US), Zumtobel Group (Germany), and Savant Systems, Inc. (US).

Research coverage

This report offers detailed insights into the LED Lighting Market based on Product Type (Lamps and Luminaires), { by lamps (A-Type, T-Type, and Other Lamp Types (Type-B and Type-C LE Lamps)), By luminaires (downlighting, decorative lighting, directional lighting, and other luminaire types (Surface Mounted, In-ground and Pendant Luminaires)),} on Application (Indoor and Outdoor),{ (based on indoor (residential, commercial, industrial, and other indoor applications (government buildings and public spaces), By commercial (offices, ratail stores, horticulture gardens, and others )) based on Outdoor (streets and roadways, architectural buildings, sports complexes, and tunnels)}, based on Installation (new and retrofit), based on Sales Channel (retail/wholesale, direct sales, and E-commerce) and Region (North America, Europe, Asia Pacific, and Rest of the World)- Global Forecast to 2029

The report also comprehensively reviews maraket drivers, restraints, opportunities, and challenges in the LED Lighting Market. The report also covers qualitative aspects in addition to the quantitative aspects of these markets.

Reasons to buy the report:

The report will help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the LED Lighting Market's pulse and provides information on key market drivers, restraints, challenges, and opportunities. This report includes statistics pertaining to the LED Lighting Market based on product type, application, installation, sales channel, and region. Major drivers, restraints, opportunities, and challenges for the LED Lighting Market have been provided in detail in this report. The report includes illustrative segmentation, analysis, and forecast for the LED Lighting Market based on its segments.

The report provides insights on the following pointers:

Analysis of key drivers (Increasing utilization of smart lighting systems in several applications, Surging adoption of LED bulbs and luminaires to achieve goal of net-zero emissions by 2050, Rising demand for LED lighting systems in residential interior designing and home decorating applications, Ongoing release of new innovative LED products due to constant technological advances, LED lighting positively impacting human health & well-being, Favorable government initiatives and regulations for energy efficient LED lighting solutions across the world), restraints (High installation cost of larger projects, Short-to-medium-term impact on market due to US-China trade conflict and ongoing Russia-Ukraine war, and Functional problems associated with LED technology), opportunities (Government initiatives to reduce energy consumption and cut down GHG emissions from public electricity and heat production, Continuous decline in prices of LED chips and other components of lighting systems, Growing adoption of wireless LED lighting technology for outdoor applications, and Rising adoption of LED lighting in horticulture sector ) and challenges (Slow rate of adoption of LED technology in developing countries, Constant threat of data/security breach in IOT-based lighting systems, Lack of common open standards for LED lighting ).

Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the LED Lighting Market

Market Development: Comprehensive information about lucrative markets - the report analyses the LED Lighting Market across varied regions

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the LED Lighting Market

Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like Signify Holding (Netherlands), Acuity Brands, Inc.(US), Cree Lighting USA LLC (US), ams-OSRAM AG (Austria), LG Electronics (South Korea), Dialight (UK), Panasonic Corporation (Japan), Hubbell (US), Zumtobel Group (Germany), Savant Systems, Inc. (US).

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 STUDY OBJECTIVES
  • 1.2 MARKET DEFINITION
    • 1.2.1 INCLUSIONS & EXCLUSIONS
  • 1.3 STUDY SCOPE
    • 1.3.1 MARKETS COVERED
    • FIGURE 1 LED LIGHTING MARKET SEGMENTATION
    • 1.3.2 REGIONS COVERED
  • 1.4 YEARS CONSIDERED
  • 1.5 CURRENCY CONSIDERED
  • 1.6 UNIT CONSIDERED
  • 1.7 STAKEHOLDERS
  • 1.8 SUMMARY OF CHANGES
    • 1.8.1 IMPACT OF RECESSION

2 RESEARCH METHODOLOGY

  • 2.1 RESEARCH DATA
    • FIGURE 2 LED LIGHTING MARKET: RESEARCH DESIGN
    • 2.1.1 PRIMARY AND SECONDARY RESEARCH DATA
    • 2.1.2 SECONDARY DATA
      • 2.1.2.1 Key data from secondary sources
      • 2.1.2.2 List of key secondary sources
    • 2.1.3 PRIMARY DATA
      • 2.1.3.1 Key data from primary sources
      • 2.1.3.2 Key insights from industry experts
      • 2.1.3.3 Breakdown of primary interviews
      • 2.1.3.4 List of key primary interview participants
  • 2.2 MARKET SIZE ESTIMATION
    • 2.2.1 BOTTOM-UP APPROACH
    • FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
    • 2.2.2 TOP-DOWN APPROACH
    • FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
    • 2.2.3 GROWTH RATE AND FORECAST ASSUMPTIONS
  • 2.3 FACTOR ANALYSIS
    • 2.3.1 SUPPLY-SIDE ANALYSIS
    • FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE)-REVENUE GENERATED BY COMPANIES FROM PRODUCTS OFFERED IN LED LIGHTING MARKET
    • 2.3.2 DEMAND-SIDE ANALYSIS
    • FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (DEMAND SIDE) FOR LED LIGHTING MARKET
  • 2.4 DATA TRIANGULATION
    • FIGURE 7 DATA TRIANGULATION
  • 2.5 LIMITATIONS AND RISK ASSESSMENT
  • 2.6 IMPACT OF RECESSION
  • 2.7 RESEARCH ASSUMPTIONS

3 EXECUTIVE SUMMARY

    • FIGURE 8 LAMPS SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD
    • FIGURE 9 NEW INSTALLATIONS SEGMENT TO ACCOUNT FOR LARGER MARKET DURING FORECAST PERIOD
    • FIGURE 10 RETAIL/WHOLESALE SEGMENT TO ACCOUNT FOR LARGEST MARKET DURING FORECAST PERIOD
    • FIGURE 11 OUTDOOR SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
    • FIGURE 12 ASIA PACIFIC TO BE MOST LUCRATIVE MARKET DURING FORECAST PERIOD

4 PREMIUM INSIGHTS

  • 4.1 ATTRACTIVE OPPORTUNITIES FOR KEY PLAYERS IN LED LIGHTING MARKET
    • FIGURE 13 INCREASING ADOPTION OF LED LAMPS AS SUBSTITUTE FOR CONVENTIONAL LAMPS TO DRIVE GROWTH OF LED LIGHTING MARKET
  • 4.2 LED LIGHTING MARKET, BY PRODUCT TYPE
    • FIGURE 14 LAMPS SEGMENT TO ACCOUNT FOR LARGER MARKET DURING FORECAST PERIOD
  • 4.3 LED LIGHTING MARKET, BY INSTALLATION
    • FIGURE 15 NEW INSTALLATIONS SEGMENT TO CAPTURE LARGER MARKET DURING FORECAST PERIOD
  • 4.4 LED LIGHTING MARKET, BY LAMP TYPE
    • FIGURE 16 A-TYPE LAMPS SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
  • 4.5 LED LIGHTING MARKET, BY SALES CHANNEL
    • FIGURE 17 RETAIL/WHOLESALE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
  • 4.6 LED LIGHTING MARKET, BY INDOOR APPLICATION
    • FIGURE 18 RESIDENTIAL SEGMENT TO HOLD LARGEST MARKET DURING FORECAST PERIOD
  • 4.7 ASIA PACIFIC: LED LIGHTING MARKET, BY APPLICATION AND KEY COUNTRY
    • FIGURE 19 CHINA AND INDOOR SEGMENT TO ACCOUNT FOR SIGNIFICANT MARKET SHARES DURING FORECAST PERIOD
  • 4.8 LED LIGHTING MARKET: REGIONAL ANALYSIS
    • FIGURE 20 INDIA TO BE LUCRATIVE MARKET DURING FORECAST PERIOD

5 MARKET OVERVIEW

  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    • FIGURE 21 LED LIGHTING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
    • 5.2.1 DRIVERS
      • 5.2.1.1 Increasing use of smart lighting systems
      • 5.2.1.2 Global warming and need for energy consumption
    • FIGURE 22 GLOBAL LIGHTING PENETRATION TREND, 2012-2030
      • 5.2.1.3 Rising demand for LED lighting systems for residential interior designing and home decoration
      • 5.2.1.4 Growing investments in R&D due to rising demand for bulbs and luminaires
      • 5.2.1.5 LED lighting positively impacting human health and well-being
      • 5.2.1.6 Favorable government initiatives and regulations
    • FIGURE 23 LED LIGHTING MARKET DRIVERS: IMPACT ANALYSIS
    • 5.2.2 RESTRAINTS
      • 5.2.2.1 High installation cost of large projects
      • 5.2.2.2 US-China trade conflict and ongoing Russia-Ukraine war
      • 5.2.2.3 Functional problems associated with LED technology
    • FIGURE 24 LED LIGHTING MARKET RESTRAINTS: IMPACT ANALYSIS
    • 5.2.3 OPPORTUNITIES
      • 5.2.3.1 Government initiatives to achieve carbon neutrality
      • 5.2.3.2 Continuous decline in prices of LED chips and other components of lighting systems
      • 5.2.3.3 Growing adoption of wireless LED lighting technology for outdoor applications
      • 5.2.3.4 Rising adoption of LED lighting in horticulture
    • FIGURE 25 LED LIGHTING MARKET OPPORTUNITIES: IMPACT ANALYSIS
    • 5.2.4 CHALLENGES
      • 5.2.4.1 Slow rate of adoption of LED technology in emerging economies
      • 5.2.4.2 Threat of data/security breach in IoT-based lighting systems
      • 5.2.4.3 Lack of common open standards for LED lighting
    • FIGURE 26 LED LIGHTING MARKET CHALLENGES: IMPACT ANALYSIS
  • 5.3 VALUE CHAIN ANALYSIS
    • FIGURE 27 VALUE CHAIN ANALYSIS
  • 5.4 ECOSYSTEM ANALYSIS
    • FIGURE 28 MARKET ECOSYSTEM
    • TABLE 1 LED LIGHTING MARKET: ECOSYSTEM
  • 5.5 INVESTMENT AND FUNDING SCENARIO
    • FIGURE 29 FUNDING SCENARIO IN LED LIGHTING MARKET, 2018-2022
  • 5.6 PORTER'S FIVE FORCES ANALYSIS
    • TABLE 2 IMPACT OF PORTER'S FIVE FORCES ON LED LIGHTING MARKET
    • FIGURE 30 PORTER'S FIVE FORCES ANALYSIS
    • 5.6.1 INTENSITY OF COMPETITIVE RIVALRY
    • 5.6.2 THREAT OF NEW ENTRANTS
    • 5.6.3 THREAT OF SUBSTITUTES
    • 5.6.4 BARGAINING POWER OF BUYERS
    • 5.6.5 BARGAINING POWER OF SUPPLIERS
  • 5.7 PRICING ANALYSIS
    • FIGURE 31 AVERAGE SELLING PRICE FOR LED LAMPS (60 W EQUIVALENT), 2020-2023 (USD)
    • 5.7.1 AVERAGE SELLING PRICE TREND FOR KEY PLAYERS
    • FIGURE 32 AVERAGE SELLING PRICE TREND FOR KEY PLAYERS, BY PRODUCT TYPE (USD)
    • FIGURE 33 KEY PLAYERS' AVERAGE SELLING PRICE TREND FOR LED LAMPS (60 W EQUIVALENT), BY REGION, 2020-2023 (USD)
  • 5.8 TRADE ANALYSIS
    • TABLE 3 IMPORT VALUE FOR LAMPS AND LIGHTING FITTINGS, HS CODE: 9405, 2018-2022 (USD MILLION)
    • FIGURE 34 IMPORT VALUE OF LAMPS AND LIGHTING FIXTURES, BY COUNTRY, 2018-2022 (USD MILLION)
    • TABLE 4 EXPORT VALUE FOR LAMPS AND LIGHTING FIXTURES, HS CODE: 9405, 2018-2022 (USD MILLION)
    • FIGURE 35 EXPORT VALUE OF LAMPS AND LIGHTING FIXTURES, BY COUNTRY, 2018-2022, (USD MILLION)
  • 5.9 REVENUE SHIFT & NEW REVENUE POCKETS FOR LED LIGHTING MARKET
    • FIGURE 36 REVENUE SHIFT IN LED LIGHTING MARKET
  • 5.10 CASE STUDY ANALYSIS
    • 5.10.1 ULINE ADOPTED HIGHLY EFFICIENT KBL LUMINAIRE FROM CREE LIGHTING USA LLC TO ENHANCE PERFORMANCE LEVELS
    • 5.10.2 ATL HIRED BROOKS BERRY HAYNIE & ASSOCIATES TO MANAGE AND PERFORM LIGHTING CHANGEOVER FROM ADB AIRFIELD SOLUTIONS UNDER VERY TIGHT SCHEDULE
    • 5.10.3 FRANKLIN INSTITUTE IMPLEMENTED STOUCH LIGHTING'S NEW LIGHTING SYSTEM TO DECREASE ENERGY CONSUMPTION AND IMPROVE LIGHTING QUALITY
    • 5.10.4 WASHINGTON STATE DEPARTMENT OF ECOLOGY UPGRADED LED LIGHTING SYSTEM FROM CREE LIGHTING USA LLC TO REDUCE MAINTENANCE COSTS
    • 5.10.5 ST. LUKES PRIMARY SCHOOL, SKERTON, INSTALLED LED LIGHTING SYSTEMS FROM UK ENERGY WATCH TO REDUCE OPERATING COSTS
    • 5.10.6 PORT OF HOUSTON ADOPTED LED HIGH MAST LIGHTING FROM CONSTELLATION LIGHTING TO ENHANCE SAFETY AND OPERATIONAL EFFICIENCY
  • 5.11 KEY CONFERENCES & EVENTS
    • TABLE 5 LIST OF KEY CONFERENCES & EVENTS, 2024-2025
  • 5.12 PATENT ANALYSIS
    • TABLE 6 LIST OF KEY PATENTS IN LED LIGHTING MARKET, 2020-2023
    • FIGURE 37 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS
    • 5.12.1 PATENT TRENDS
    • FIGURE 38 PATENTS GRANTED ANNUALLY BETWEEN 2014 AND 2023
    • TABLE 7 PATENTS REGISTERED BY TOP 20 OWNERS IN LAST 10 YEARS
  • 5.13 TECHNOLOGY ANALYSIS
    • 5.13.1 LI-FI
    • 5.13.2 HUMAN-CENTRIC LIGHTING
    • 5.13.3 IOT LIGHTING
    • 5.13.4 NATURAL LIGHTING ROBOT
    • 5.13.5 QUANTUM DOT-ENABLED LED
  • 5.14 GOVERNMENT REGULATIONS AND STANDARDS
    • 5.14.1 GOVERNMENT REGULATIONS
    • 5.14.2 LED LIGHTING MARKET STANDARDS
      • 5.14.2.1 IEEE 1789-2015 modulation frequencies for Light-Emitting Diodes (LEDs)
      • 5.14.2.2 Energy Star - Developed by US Department of Energy (DOE) and US Environmental Protection Agency (EPA)
      • 5.14.2.3 NEMA - ANSI C78.51: Electric Lamps - LED (Light-emitting Diode) Lamps - Method of Designation
  • 5.15 REGULATORY LANDSCAPE
    • 5.15.1 NORTH AMERICA
      • 5.15.1.1 US
      • 5.15.1.2 Canada
      • 5.15.1.3 Mexico
    • 5.15.2 EUROPE
      • 5.15.2.1 Switzerland
      • 5.15.2.2 Germany
      • 5.15.2.3 France
    • 5.15.3 ASIA PACIFIC
      • 5.15.3.1 Japan
      • 5.15.3.2 China
      • 5.15.3.3 India
    • 5.15.4 REST OF THE WORLD
      • 5.15.4.1 UAE
      • 5.15.4.2 Saudi Arabia
  • 5.16 KEY STAKEHOLDERS IN BUYING PROCESS
    • FIGURE 39 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INDOOR APPLICATIONS
    • TABLE 8 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INDOOR APPLICATIONS
    • 5.16.1 BUYING CRITERIA
    • FIGURE 40 KEY BUYING CRITERIA FOR TOP THREE INDOOR APPLICATIONS

6 LED LIGHTING MARKET, BY APPLICATION

  • 6.1 INTRODUCTION
    • TABLE 9 LED LIGHTING MARKET, BY APPLICATION, 2020-2023 (USD BILLION)
    • FIGURE 41 OUTDOOR APPLICATION TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
    • TABLE 10 LED LIGHTING MARKET, BY APPLICATION, 2024-2029 (USD BILLION)
  • 6.2 INDOOR
    • TABLE 11 INDOOR: LED LIGHTING MARKET, BY TYPE, 2020-2023 (USD BILLION)
    • FIGURE 42 RESIDENTIAL SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
    • TABLE 12 INDOOR: LED LIGHTING MARKET, BY TYPE, 2024-2029 (USD BILLION)
    • TABLE 13 INDOOR: LED LIGHTING MARKET, BY REGION, 2020-2023 (USD BILLION)
    • TABLE 14 INDOOR: LED LIGHTING MARKET, BY REGION, 2024-2029 (USD BILLION)
    • 6.2.1 RESIDENTIAL
      • 6.2.1.1 Preference for comfortable lighting that consumes low power and adds to aesthetic
    • TABLE 15 RESIDENTIAL: LED LIGHTING MARKET, BY REGION, 2020-2023 (USD BILLION)
    • TABLE 16 RESIDENTIAL: LED LIGHTING MARKET, BY REGION, 2024-2029 (USD BILLION)
    • 6.2.2 COMMERCIAL
      • 6.2.2.1 Need for energy-efficient, operational-at-lower-temperatures, highly efficient, and low-maintenance lights to drive market
    • TABLE 17 COMMERCIAL: LED LIGHTING MARKET, BY TYPE, 2020-2023 (USD BILLION)
    • TABLE 18 COMMERCIAL: LED LIGHTING MARKET, BY TYPE, 2024-2029 (USD BILLION)
    • TABLE 19 COMMERCIAL: LED LIGHTING MARKET, BY REGION, 2020-2023 (USD BILLION)
    • TABLE 20 COMMERCIAL: LED LIGHTING MARKET, BY REGION, 2024-2029 (USD BILLION)
      • 6.2.2.2 Offices
        • 6.2.2.2.1 Recessed luminaires and downlighters to help increase productivity and proactivity
      • 6.2.2.3 Retail stores
        • 6.2.2.3.1 Need to attract and engage potential customers and promote attributes, values, and information related to merchandise to drive market
      • 6.2.2.4 Horticulture gardens
        • 6.2.2.4.1 LED lighting to reduce operational costs through energy savings and greater efficiency
      • 6.2.2.5 Other commercial applications
    • 6.2.3 INDUSTRIAL
      • 6.2.3.1 Controlled industrial lighting to help save expenses and conserve energy
    • TABLE 21 INDUSTRIAL: LED LIGHTING MARKET, BY REGION, 2020-2023 (USD BILLION)
    • TABLE 22 INDUSTRIAL: LED LIGHTING MARKET, BY REGION, 2024-2029 (USD BILLION)
    • 6.2.4 OTHER INDOOR APPLICATIONS
    • TABLE 23 OTHER INDOOR APPLICATIONS: LED LIGHTING MARKET, BY REGION, 2020-2023 (USD BILLION)
    • TABLE 24 OTHER INDOOR APPLICATIONS: LED LIGHTING MARKET, BY REGION, 2024-2029 (USD BILLION)
  • 6.3 OUTDOOR
    • TABLE 25 OUTDOOR: LED LIGHTING MARKET, BY TYPE, 2020-2023 (USD BILLION)
    • FIGURE 43 STREETS & ROADS SEGMENT TO ACCOUNT FOR LARGEST MARKET DURING FORECAST PERIOD
    • TABLE 26 OUTDOOR: LED LIGHTING MARKET, BY TYPE, 2024-2029 (USD BILLION)
    • TABLE 27 OUTDOOR: LED LIGHTING MARKET, BY REGION, 2020-2023 (USD BILLION)
    • TABLE 28 OUTDOOR: LED LIGHTING MARKET, BY REGION, 2024-2029 (USD BILLION)
    • 6.3.1 STREETS & ROADS
      • 6.3.1.1 Cost-effective and sustainable lighting to meet demand for scheduling, occupancy, and daylight harvesting requirements
    • 6.3.2 ARCHITECTURAL BUILDINGS
      • 6.3.2.1 LED lighting to help create shapes and effects to enhance beauty of building through controlled movement of lights
    • 6.3.3 SPORTS COMPLEXES
      • 6.3.3.1 LED lighting to offer wide beam angle and ensure optimal light coverage throughout stadiums
    • 6.3.4 TUNNELS
      • 6.3.4.1 LED lighting to help save energy, reduce costs, augment safety, and reduce accidents
    • 6.3.5 OTHER OUTDOOR APPLICATIONS

7 LED LIGHTING MARKET, BY PRODUCT TYPE

  • 7.1 INTRODUCTION
    • TABLE 29 LED LIGHTING MARKET, BY PRODUCT TYPE, 2020-2023 (USD BILLION)
    • FIGURE 44 LUMINAIRES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
    • TABLE 30 LED LIGHTING MARKET, BY PRODUCT TYPE, 2024-2029 (USD BILLION)
  • 7.2 LAMPS
    • TABLE 31 LAMPS: LED LIGHTING MARKET, BY TYPE, 2020-2023 (USD BILLION)
    • FIGURE 45 A-TYPE LAMPS SEGMENT TO ACCOUNT FOR LARGEST MARKET DURING FORECAST PERIOD
    • TABLE 32 LAMPS: LED LIGHTING MARKET, BY TYPE, 2024-2029 (USD BILLION)
    • TABLE 33 LAMPS: LED LIGHTING MARKET, BY REGION, 2020-2023 (USD BILLION)
    • TABLE 34 LAMPS: LED LIGHTING MARKET, BY REGION, 2024-2029 (USD BILLION)
    • 7.2.1 A-TYPE
      • 7.2.1.1 Ease of installation, availability in various wattages, and versatility to fuel demand for A-type LED lamps
    • 7.2.2 T-TYPE
      • 7.2.2.1 T-Type LED lamps to enhance commercial and industrial lighting with energy efficiency and extended lifespan
    • 7.2.3 OTHER LAMP TYPES
  • 7.3 LUMINAIRES
    • TABLE 35 LUMINAIRES: LED LIGHTING MARKET, BY LIGHTING TYPE, 2020-2023 (MILLION UNITS)
    • TABLE 36 LUMINAIRES: LED LIGHTING MARKET, BY LIGHTING TYPE, 2024-2029 (MILLION UNITS)
    • TABLE 37 LUMINAIRES: LED LIGHTING MARKET, BY TYPE, 2020-2023 (USD BILLION)
    • FIGURE 46 DECORATIVE LUMINAIRES SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
    • TABLE 38 LUMINAIRES: LED LIGHTING MARKET, BY TYPE, 2024-2029 (USD BILLION)
    • TABLE 39 LUMINAIRES: LED LIGHTING MARKET, BY REGION, 2020-2023 (USD BILLION)
    • TABLE 40 LUMINAIRES: LED LIGHTING MARKET, BY REGION, 2024-2029 (USD BILLION)
    • 7.3.1 DOWNLIGHTING
      • 7.3.1.1 Ability to consume less energy, provide instant illumination, and save energy to drive demand for downlighting
    • 7.3.2 DECORATIVE LIGHTING
      • 7.3.2.1 Decorative lighting to make commercial and retail spaces more appealing
    • 7.3.3 DIRECTIONAL LIGHTING
      • 7.3.3.1 Directional lighting to illuminate with precision and highlight architectural features
    • 7.3.4 OTHER LUMINAIRE TYPES

8 LED LIGHTING MARKET, BY INSTALLATION

  • 8.1 INTRODUCTION
    • TABLE 41 LED LIGHTING MARKET, BY INSTALLATION, 2020-2023 (USD BILLION)
    • FIGURE 47 NEW INSTALLED LED LIGHTS SEGMENT TO EXHIBIT HIGHER CAGR DURING FORECAST PERIOD
    • TABLE 42 LED LIGHTING MARKET, BY INSTALLATION, 2024-2029 (USD BILLION)
  • 8.2 NEW INSTALLATION
    • 8.2.1 NEWLY INSTALLED-LED LIGHTS' ADHERENCE TO LATEST REGULATIONS TO EMPHASIZE ENERGY EFFICIENCY AND SUSTAINABILITY
    • TABLE 43 NEW INSTALLATION: LED LIGHTING MARKET, BY REGION, 2020-2023 (USD BILLION)
    • TABLE 44 NEW INSTALLATION: LED LIGHTING MARKET, BY REGION, 2024-2029 (USD BILLION)
  • 8.3 RETROFIT
    • 8.3.1 RETROFIT LED INSTALLATIONS TO BECOME COST-EFFECTIVE AND SUSTAINABLE SOLUTIONS
    • TABLE 45 RETROFIT INSTALLATION: LED LIGHTING MARKET, BY REGION, 2020-2023 (USD BILLION)
    • TABLE 46 RETROFIT INSTALLATION: LED LIGHTING MARKET, BY REGION, 2024-2029 (USD BILLION)

9 LUMENS IN LED LIGHTING

  • 9.1 INTRODUCTION
  • 9.2 1,600 LUMENS
  • 9.3 1,100 LUMENS
  • 9.4 800 LUMENS
  • 9.5 450 LUMENS
    • TABLE 47 LUMENS AND WATTAGE COMPARISON TABLE 129 9.6 ADDITIONAL LED CLASSES
    • 9.6.1 LOW-POWER LED
    • 9.6.2 HIGH-POWER LED
    • TABLE 48 LED LIGHT MEASUREMENT ATTRIBUTES

10 LED LIGHTING MARKET, BY SALES CHANNEL

  • 10.1 INTRODUCTION
    • TABLE 49 LED LIGHTING MARKET, BY SALES CHANNEL, 2020-2023 (USD BILLION)
    • FIGURE 48 ECOMMERCE SEGMENT TO LEAD LED LIGHTING MARKET WITH HIGHEST CAGR DURING FORECAST PERIOD
    • TABLE 50 LED LIGHTING MARKET, BY SALES CHANNEL, 2024-2029 (USD BILLION)
  • 10.2 RETAIL/WHOLESALE
    • 10.2.1 RISING CONCERN ABOUT AFTER-SALES SERVICE TO BOOST DEMAND FOR RETAILERS/WHOLESALERS
    • TABLE 51 RETAIL/WHOLESALE: LED LIGHTING MARKET, BY REGION, 2020-2023 (USD BILLION)
    • TABLE 52 RETAIL/WHOLESALE: LED LIGHTING MARKET, BY REGION, 2024-2029 (USD BILLION)
  • 10.3 DIRECT SALES/CONTRACT-BASED
    • 10.3.1 NEED TO FULFIL CUSTOMERS' SPECIFIC NEEDS AND PROVIDE TAILORED SOLUTIONS AND COST EFFICIENCY TO DRIVE MARKET
    • TABLE 53 DIRECT SALES/CONTRACT-BASED: LED LIGHTING MARKET, BY REGION, 2020-2023 (USD BILLION)
    • TABLE 54 DIRECT SALES/CONTRACT-BASED: LED LIGHTING MARKET, BY REGION, 2024-2029 (USD BILLION)
  • 10.4 ECOMMERCE
    • 10.4.1 NEED FOR ECOMMERCE PLATFORMS FOR SEAMLESSLY DELIVERING LED LIGHTING SOLUTIONS AT CONSUMERS' DOORSTEPS
    • TABLE 55 ECOMMERCE: LED LIGHTING MARKET, BY REGION, 2020-2023 (USD BILLION)
    • TABLE 56 ECOMMERCE: LED LIGHTING MARKET, BY REGION, 2024-2029 (USD BILLION)

11 LED LIGHTING MARKET, BY REGION

  • 11.1 INTRODUCTION
    • FIGURE 49 LED LIGHTING MARKET: BY REGION
    • FIGURE 50 INDIA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
    • TABLE 57 LED LIGHTING MARKET, BY REGION, 2020-2023 (USD BILLION)
    • TABLE 58 LED LIGHTING MARKET, BY REGION, 2024-2029 (USD BILLION)
  • 11.2 AMERICAS
    • FIGURE 51 AMERICAS: SNAPSHOT OF LED LIGHTING MARKET
    • 11.2.1 AMERICAS: RECESSION IMPACT
    • TABLE 59 AMERICAS: LED LIGHTING MARKET, BY PRODUCT TYPE, 2020-2023 (USD BILLION)
    • TABLE 60 AMERICAS: LED LIGHTING MARKET, BY PRODUCT TYPE, 2024-2029 (USD BILLION)
    • TABLE 61 AMERICAS: LED LIGHTING MARKET, BY SALES CHANNEL, 2020-2023 (USD BILLION)
    • TABLE 62 AMERICAS: LED LIGHTING MARKET, BY SALES CHANNEL, 2024-2029 (USD BILLION)
    • TABLE 63 AMERICAS: LED LIGHTING MARKET, BY APPLICATION, 2020-2023 (USD BILLION)
    • TABLE 64 AMERICAS: LED LIGHTING MARKET, BY APPLICATION, 2024-2029 (USD BILLION)
    • TABLE 65 AMERICAS: LED LIGHTING MARKET, BY INSTALLATION, 2020-2023 (USD BILLION)
    • TABLE 66 AMERICAS: LED LIGHTING MARKET, BY INSTALLATION, 2024-2029 (USD BILLION)
    • TABLE 67 AMERICAS: LED LIGHTING MARKET, BY REGION, 2020-2023 (USD BILLION)
    • TABLE 68 AMERICAS: LED LIGHTING MARKET, BY REGION, 2024-2029 (USD BILLION)
    • 11.2.2 NORTH AMERICA
    • TABLE 69 NORTH AMERICA: LED LIGHTING MARKET, BY PRODUCT TYPE, 2020-2023 (USD BILLION)
    • TABLE 70 NORTH AMERICA: LED LIGHTING MARKET, BY PRODUCT TYPE, 2024-2029 (USD BILLION)
    • TABLE 71 NORTH AMERICA: LED LIGHTING MARKET, BY SALES CHANNEL, 2020-2023 (USD BILLION)
    • TABLE 72 NORTH AMERICA: LED LIGHTING MARKET, BY SALES CHANNEL, 2024-2029 (USD BILLION)
    • TABLE 73 NORTH AMERICA: LED LIGHTING MARKET, BY APPLICATION, 2020-2023 (USD BILLION)
    • TABLE 74 NORTH AMERICA: LED LIGHTING MARKET, BY APPLICATION, 2024-2029 (USD BILLION)
    • TABLE 75 NORTH AMERICA: LED LIGHTING MARKET, BY INSTALLATION, 2020-2023 (USD BILLION)
    • TABLE 76 NORTH AMERICA: LED LIGHTING MARKET, BY INSTALLATION, 2024-2029 (USD BILLION)
    • TABLE 77 NORTH AMERICA: LED LIGHTING MARKET, BY COUNTRY, 2020-2023 (USD BILLION)
    • TABLE 78 NORTH AMERICA: LED LIGHTING MARKET, BY COUNTRY, 2024-2029 (USD BILLION)
      • 11.2.2.1 US
        • 11.2.2.1.1 Economic stability and high investments in advanced LED technologies to accelerate adoption of LED lighting
      • 11.2.2.2 Canada
        • 11.2.2.2.1 Increasing awareness among consumers regarding benefits of energy-efficient systems to propel market
      • 11.2.2.3 Mexico
        • 11.2.2.3.1 Increase in adoption of automation solutions across diverse industries to boost market
    • 11.2.3 SOUTH AMERICA
    • TABLE 79 SOUTH AMERICA: LED LIGHTING MARKET, BY PRODUCT TYPE, 2020-2023 (USD BILLION)
    • TABLE 80 SOUTH AMERICA: LED LIGHTING MARKET, BY PRODUCT TYPE, 2024-2029 (USD BILLION)
    • TABLE 81 SOUTH AMERICA: LED LIGHTING MARKET, BY SALES CHANNEL, 2020-2023 (USD BILLION)
    • TABLE 82 SOUTH AMERICA: LED LIGHTING MARKET, BY SALES CHANNEL, 2024-2029 (USD BILLION)
    • TABLE 83 SOUTH AMERICA: LED LIGHTING MARKET, BY APPLICATION, 2020-2023 (USD BILLION)
    • TABLE 84 SOUTH AMERICA: LED LIGHTING MARKET, BY APPLICATION, 2024-2029 (USD BILLION)
    • TABLE 85 SOUTH AMERICA: LED LIGHTING MARKET, BY INSTALLATION, 2020-2023 (USD BILLION)
    • TABLE 86 SOUTH AMERICA: LED LIGHTING MARKET, BY INSTALLATION, 2024-2029 (USD BILLION)
    • TABLE 87 SOUTH AMERICA: LED LIGHTING MARKET, BY COUNTRY, 2020-2023 (USD BILLION)
    • TABLE 88 SOUTH AMERICA: LED LIGHTING MARKET, BY COUNTRY, 2024-2029 (USD BILLION)
      • 11.2.3.1 Brazil
        • 11.2.3.1.1 High demand for energy-efficient solutions and robust presence of airports to drive market
      • 11.2.3.2 Argentina
        • 11.2.3.2.1 Government's energy conservation initiatives to drive market
      • 11.2.3.3 Rest of South America
  • 11.3 EUROPE
    • FIGURE 52 EUROPE: SNAPSHOT OF LED LIGHTING MARKET
    • 11.3.1 EUROPE: RECESSION IMPACT
    • TABLE 89 EUROPE: LED LIGHTING MARKET, BY PRODUCT TYPE, 2020-2023 (USD BILLION)
    • TABLE 90 EUROPE: LED LIGHTING MARKET, BY PRODUCT TYPE, 2024-2029 (USD BILLION)
    • TABLE 91 EUROPE: LED LIGHTING MARKET, BY SALES CHANNEL, 2020-2023 (USD BILLION)
    • TABLE 92 EUROPE: LED LIGHTING MARKET, BY SALES CHANNEL, 2024-2029 (USD BILLION)
    • TABLE 93 EUROPE: LED LIGHTING MARKET, BY APPLICATION, 2020-2023 (USD BILLION)
    • TABLE 94 EUROPE: LED LIGHTING MARKET, BY APPLICATION, 2024-2029 (USD BILLION)
    • TABLE 95 EUROPE: LED LIGHTING MARKET, BY INSTALLATION, 2020-2023 (USD BILLION)
    • TABLE 96 EUROPE: LED LIGHTING MARKET, BY INSTALLATION, 2024-2029 (USD BILLION)
    • TABLE 97 EUROPE: LED LIGHTING MARKET, BY COUNTRY, 2020-2023 (USD BILLION)
    • TABLE 98 EUROPE: LED LIGHTING MARKET, BY COUNTRY, 2024-2029 (USD BILLION)
    • 11.3.2 UK
      • 11.3.2.1 Rising environmental consciousness and legislation related to energy efficiency to propel market
    • 11.3.3 GERMANY
      • 11.3.3.1 Growing prevalence of smart homes and robust economy to create growth opportunities
    • 11.3.4 FRANCE
      • 11.3.4.1 Increasing investments in infrastructure sector to create growth opportunities for LED lighting providers
    • 11.3.5 ITALY
      • 11.3.5.1 Government initiatives promoting improved design and management of lighting systems to drive market
    • 11.3.6 SPAIN
      • 11.3.6.1 Government's focus on reducing greenhouse emissions to fuel market growth
    • 11.3.7 REST OF EUROPE
  • 11.4 ASIA PACIFIC
    • FIGURE 53 ASIA PACIFIC: SNAPSHOT OF LED LIGHTING MARKET
    • 11.4.1 ASIA PACIFIC: RECESSION IMPACT
    • TABLE 99 ASIA PACIFIC: LED LIGHTING MARKET, BY PRODUCT TYPE, 2020-2023 (USD BILLION)
    • TABLE 100 ASIA PACIFIC: LED LIGHTING MARKET, BY PRODUCT TYPE, 2024-2029 (USD BILLION)
    • TABLE 101 ASIA PACIFIC: LED LIGHTING MARKET, BY SALES CHANNEL, 2020-2023 (USD BILLION)
    • TABLE 102 ASIA PACIFIC: LED LIGHTING MARKET, BY SALES CHANNEL, 2024-2029 (USD BILLION)
    • TABLE 103 ASIA PACIFIC: LED LIGHTING MARKET, BY APPLICATION, 2020-2023 (USD BILLION)
    • TABLE 104 ASIA PACIFIC: LED LIGHTING MARKET, BY APPLICATION, 2024-2029 (USD BILLION)
    • TABLE 105 ASIA PACIFIC: LED LIGHTING MARKET, BY INSTALLATION, 2020-2023 (USD BILLION)
    • TABLE 106 ASIA PACIFIC: LED LIGHTING MARKET, BY INSTALLATION, 2024-2029 (USD BILLION)
    • TABLE 107 ASIA PACIFIC: LED LIGHTING MARKET, BY COUNTRY, 2020-2023 (USD BILLION)
    • TABLE 108 ASIA PACIFIC: LED LIGHTING MARKET, BY COUNTRY, 2024-2029 (USD BILLION)
    • 11.4.2 CHINA
      • 11.4.2.1 Growing economy and increasing implementation of sensors in industrial applications to propel market
    • 11.4.3 JAPAN
      • 11.4.3.1 Infrastructural developments to accelerate market growth
    • 11.4.4 INDIA
      • 11.4.4.1 Government-run smart city projects to boost demand for LED lighting and control solutions
    • 11.4.5 AUSTRALIA
      • 11.4.5.1 High penetration rate of LED lighting systems in major cities to foster market growth
    • 11.4.6 SOUTH KOREA
      • 11.4.6.1 Presence of major LED lighting manufacturers to support market growth
    • 11.4.7 REST OF ASIA PACIFIC
  • 11.5 REST OF THE WORLD (ROW)
    • 11.5.1 ROW: RECESSION IMPACT
    • TABLE 109 ROW: LED LIGHTING MARKET, BY PRODUCT TYPE, 2020-2023 (USD BILLION)
    • TABLE 110 ROW: LED LIGHTING MARKET, BY PRODUCT TYPE, 2024-2029 (USD BILLION)
    • TABLE 111 ROW: LED LIGHTING MARKET, BY SALES CHANNEL, 2020-2023 (USD BILLION)
    • TABLE 112 ROW: LED LIGHTING MARKET, BY SALES CHANNEL, 2024-2029 (USD BILLION)
    • TABLE 113 ROW: LED LIGHTING MARKET, BY APPLICATION, 2020-2023 (USD BILLION)
    • TABLE 114 ROW: LED LIGHTING MARKET, BY APPLICATION, 2024-2029 (USD BILLION)
    • TABLE 115 ROW: LED LIGHTING MARKET, BY INSTALLATION, 2020-2023 (USD BILLION)
    • TABLE 116 ROW: LED LIGHTING MARKET, BY INSTALLATION, 2024-2029 (USD BILLION)
    • TABLE 117 ROW: LED LIGHTING MARKET, BY SUBREGION, 2020-2023 (USD BILLION)
    • TABLE 118 ROW: LED LIGHTING MARKET, BY SUBREGION, 2024-2029 (USD BILLION)
    • 11.5.2 MIDDLE EAST
      • 11.5.2.1 Eco-friendly green building regulations and streetlight retrofitting programs to spur market growth
      • 11.5.2.2 GCC Countries
      • 11.5.2.3 Rest of Middle East
    • TABLE 119 MIDDLE EAST: LED LIGHTING MARKET, BY SUBREGION, 2020-2023 (USD BILLION)
    • TABLE 120 MIDDLE EAST: LED LIGHTING MARKET, BY SUBREGION, 2024-2029 (USD BILLION)
    • 11.5.3 AFRICA
      • 11.5.3.1 Ongoing urbanization to significantly boost demand for LED lighting solutions

12 COMPETITIVE LANDSCAPE

  • 12.1 INTRODUCTION
  • 12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
    • TABLE 121 OVERVIEW OF STRATEGIES DEPLOYED BY KEY PLAYERS IN LED LIGHTING MARKET
    • 12.2.1 PRODUCT PORTFOLIO
    • 12.2.2 REGIONAL FOCUS
    • 12.2.3 MANUFACTURING FOOTPRINT
    • 12.2.4 ORGANIC/INORGANIC GROWTH STRATEGIES
  • 12.3 MARKET SHARE ANALYSIS
    • TABLE 122 LED LIGHTING MARKET: DEGREE OF COMPETITION (FRAGMENTED)
  • 12.4 REVENUE ANALYSIS OF KEY PLAYERS
    • FIGURE 54 REVENUE ANALYSIS OF KEY PLAYERS IN LED LIGHTING MARKET, 2018-2022
  • 12.5 COMPANY VALUATION AND FINANCIAL METRICS
    • FIGURE 55 COMPANY VALUATION, 2022 (USD BILLION)
    • FIGURE 56 FINANCIAL METRICS (EV/EBITDA), 2022
  • 12.6 BRAND/PRODUCT COMPARISON
    • FIGURE 57 BRAND/PRODUCT COMPARISON
  • 12.7 COMPANY EVALUATION MATRIX FOR KEY PLAYERS
    • 12.7.1 STARS
    • 12.7.2 PERVASIVE PLAYERS
    • 12.7.3 EMERGING LEADERS
    • 12.7.4 PARTICIPANTS
    • FIGURE 58 LED LIGHTING MARKET: COMPANY EVALUATION MATRIX FOR KEY PLAYERS, 2023
    • 12.7.5 COMPANY FOOTPRINT
    • TABLE 123 OVERALL COMPANY FOOTPRINT
    • TABLE 124 COMPANY PRODUCT TYPE FOOTPRINT
    • TABLE 125 COMPANY APPLICATION FOOTPRINT
    • TABLE 126 COMPANY REGIONAL FOOTPRINT
  • 12.8 COMPANY EVALUATION MATRIX FOR START-UPS/SMES
    • 12.8.1 PROGRESSIVE COMPANIES
    • 12.8.2 RESPONSIVE COMPANIES
    • 12.8.3 DYNAMIC COMPANIES
    • 12.8.4 STARTING BLOCKS
    • FIGURE 59 LED LIGHTING MARKET: COMPANY EVALUATION MATRIX FOR START-UPS/SMES, 2023
    • 12.8.5 COMPETITIVE BENCHMARKING
    • TABLE 127 LIST OF START-UPS/SMES
    • TABLE 128 COMPETITIVE BENCHMARKING OF OTHER PLAYERS (START-UPS/SMES)
    • TABLE 129 KEY START-UPS IN LED LIGHTING MARKET
  • 12.9 COMPETITIVE SCENARIO AND TRENDS
    • 12.9.1 PRODUCT LAUNCHES & DEVELOPMENTS
    • TABLE 130 LED LIGHTING MARKET: PRODUCT LAUNCHES & DEVELOPMENTS, MARCH 2020-DECEMBER 2023
    • 12.9.2 DEALS
    • TABLE 131 LED LIGHTING MARKET: DEALS, OCTOBER 2020-SEPTEMBER 2023
    • 12.9.3 OTHERS
    • TABLE 132 LED LIGHTING MARKET: OTHERS, FEBRUARY 2020-AUGUST 2023

13 COMPANY PROFILES

  • (Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))**
  • 13.1 KEY PLAYERS
    • 13.1.1 SIGNIFY HOLDING
    • TABLE 133 SIGNIFY HOLDING: BUSINESS OVERVIEW
    • FIGURE 60 SIGNIFY HOLDING: COMPANY SNAPSHOT
    • TABLE 134 SIGNIFY HOLDING: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 135 SIGNIFY HOLDING: PRODUCT LAUNCHES
    • TABLE 136 SIGNIFY HOLDING: DEALS
    • TABLE 137 SIGNIFY HOLDING: OTHERS
    • 13.1.2 ACUITY BRANDS, INC.
    • TABLE 138 ACUITY BRANDS, INC.: BUSINESS OVERVIEW
    • FIGURE 61 ACUITY BRANDS, INC.: COMPANY SNAPSHOT
    • TABLE 139 ACUITY BRANDS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 140 ACUITY BRANDS, INC.: PRODUCT LAUNCHES
    • TABLE 141 ACUITY BRANDS, INC.: DEALS
    • 13.1.3 PANASONIC HOLDINGS CORPORATION
    • TABLE 142 PANASONIC HOLDINGS CORPORATION: BUSINESS OVERVIEW
    • FIGURE 62 PANASONIC HOLDINGS CORPORATION: COMPANY SNAPSHOT
    • TABLE 143 PANASONIC HOLDINGS CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 144 PANASONIC HOLDINGS CORPORATION: PRODUCT LAUNCHES
    • TABLE 145 PANASONIC HOLDINGS CORPORATION: DEALS
    • TABLE 146 PANASONIC HOLDINGS CORPORATION: OTHERS
    • 13.1.4 AMS-OSRAM AG
    • TABLE 147 AMS-OSRAM AG: BUSINESS OVERVIEW
    • FIGURE 63 AMS-OSRAM AG: COMPANY SNAPSHOT
    • TABLE 148 AMS-OSRAM AG: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 149 AMS-OSRAM AG: PRODUCT LAUNCHES
    • TABLE 150 AMS-OSRAM AG: DEALS
    • 13.1.5 LG ELECTRONICS
    • TABLE 151 LG ELECTRONICS: BUSINESS OVERVIEW
    • FIGURE 64 LG ELECTRONICS: COMPANY SNAPSHOT
    • TABLE 152 LG ELECTRONICS: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 153 LG ELECTRONICS: PRODUCT LAUNCHES
    • TABLE 154 LG ELECTRONICS: DEALS
    • 13.1.6 CREE LIGHTING USA LLC
    • TABLE 155 CREE LIGHTING USA LLC: BUSINESS OVERVIEW
    • TABLE 156 CREE LIGHTING USA LLC: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 157 CREE LIGHTING USA LLC: PRODUCT LAUNCHES
    • TABLE 158 CREE LIGHTING USA LLC: DEALS
    • 13.1.7 DIALIGHT
    • TABLE 159 DIALIGHT: BUSINESS OVERVIEW
    • FIGURE 65 DIALIGHT: COMPANY SNAPSHOT
    • TABLE 160 DIALIGHT: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 161 DIALIGHT: PRODUCT LAUNCHES
    • 13.1.8 HUBBELL (PART OF GE CURRENT)
    • TABLE 162 HUBBELL: BUSINESS OVERVIEW
    • FIGURE 66 HUBBELL: COMPANY SNAPSHOT
    • TABLE 163 HUBBELL: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 164 HUBBELL: DEALS
    • 13.1.9 ZUMTOBEL GROUP
    • TABLE 165 ZUMTOBEL GROUP: BUSINESS OVERVIEW
    • FIGURE 67 ZUMTOBEL GROUP: COMPANY SNAPSHOT
    • TABLE 166 ZUMTOBEL GROUP: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 167 ZUMTOBEL GROUP: PRODUCT LAUNCHES
    • 13.1.10 SAVANT SYSTEMS, INC.
    • TABLE 168 SAVANT SYSTEMS, INC.: BUSINESS OVERVIEW
    • TABLE 169 SAVANT SYSTEMS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 170 SAVANT SYSTEMS, INC.: PRODUCT LAUNCHES
    • TABLE 171 SAVANT SYSTEMS, INC.: DEALS
  • 13.2 OTHER COMPANIES
    • 13.2.1 CURRENT LIGHTING SOLUTIONS, LLC
    • 13.2.2 SAMSUNG
    • 13.2.3 SHARP CORPORATION
    • 13.2.4 SITECO GMBH (GE)
    • 13.2.5 HAVELLS INDIA LTD.
    • 13.2.6 TRILUX GMBH & CO. KG
    • 13.2.7 FAGERHULTS BELYSNING AB
    • 13.2.8 SYSKA
    • 13.2.9 GOGREENLED
    • 13.2.10 FOREST LIGHTING
    • 13.2.11 EVERLIGHT ELECTRONICS CO., LTD.
    • 13.2.12 WIPRO LIGHTING
    • 13.2.13 OPPLE LIGHTING CO., LTD.
    • 13.2.14 NVC LIGHTING LTD. (SUBSIDIARY OF NVC INTERNATIONAL HOLDINGS)
    • 13.2.15 SORAA
  • *Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.

14 APPENDIX

  • 14.1 DISCUSSION GUIDE
  • 14.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
  • 14.3 CUSTOMIZATION OPTIONS
  • 14.4 RELATED REPORTS
  • 14.5 AUTHOR DETAILS