Global Solid-State and Other Energy-Efficient Lighting Market Size study & Forecast, by Technology, by Installation Type, by Offering, by Application, and Regional Forecasts 2025-2035

Description

The Global Solid-State and Other Energy-Efficient Lighting Market is valued approximately at USD 193.85 billion in 2024 and is anticipated to grow with a CAGR of more than 5.40% over the forecast period 2025-2035. The lighting industry is undergoing a paradigm shift driven by the global pursuit of energy efficiency and sustainability. Solid-state lighting (SSL), including LEDs and OLEDs, has emerged as a cornerstone technology in reducing electricity consumption and carbon emissions. These lighting systems are rapidly replacing traditional incandescent and fluorescent systems due to their superior lifespan, efficiency, and versatility. Energy-efficient lighting solutions are now indispensable across residential, commercial, and industrial sectors as governments around the world impose stringent energy codes and carbon reduction targets. Technological advancements, urbanization, and expanding smart infrastructure are further propelling market growth, while increasing investments in renewable energy integration and smart city initiatives continue to enhance adoption rates.

The growing emphasis on energy conservation and the urgent need to minimize greenhouse gas emissions are driving robust demand for energy-efficient lighting systems worldwide. Countries are phasing out inefficient lighting technologies through regulatory frameworks and incentive-based programs, stimulating large-scale replacement with solid-state lighting. For instance, global initiatives promoting net-zero carbon targets have compelled industries and governments alike to transition toward LED-based systems. Moreover, advancements in materials science, such as quantum dots and organic compounds, are leading to more efficient, tunable, and visually appealing lighting solutions. However, high initial costs of implementation, along with challenges in retrofitting legacy systems, pose moderate constraints. Nevertheless, the long-term operational savings, low maintenance requirements, and decreasing component costs continue to make energy-efficient lighting an attractive investment.

The detailed segments and sub-segments included in the report are:

By Technology:

Solid-State
HID
Fluorescent

By Installation Type:

New
Retrofit

By Offering:

Hardware
Software
Services

By Application:

Residential
Commercial
Industrial
Outdoor & Street Lighting
Automotive
Others

By Region:

North America

U.S.
Canada

Europe

UK
Germany
France
Italy
Spain
Rest of Europe

Asia Pacific

China
India
Japan
Australia
South Korea
Rest of Asia Pacific

Latin America

Brazil
Mexico

Middle East & Africa

UAE
Saudi Arabia
South Africa
Rest of Middle East & Africa

Solid-State Lighting is Expected to Dominate the Market

Solid-state lighting (SSL) remains the dominant technology segment in the global market, accounting for the majority of revenue share. This dominance is primarily attributed to the rapid adoption of LED lighting in both new and retrofit installations, supported by governmental policies that incentivize energy savings. SSL systems offer enhanced energy efficiency, superior light quality, and reduced maintenance costs compared to conventional HID and fluorescent lighting technologies. Furthermore, the proliferation of smart lighting systems-integrating IoT and sensor-based controls-has accelerated the shift toward SSL. These technologies enable real-time monitoring, adaptive illumination, and intelligent energy management, which are critical to sustainable infrastructure development. As urbanization intensifies and digitalization penetrates the lighting value chain, SSL technology is expected to consolidate its leadership position, shaping the next generation of global lighting solutions.

Hardware Offering Leads in Revenue Contribution

In terms of offerings, the hardware segment dominates the global solid-state and energy-efficient lighting market, contributing the highest revenue share. This includes components such as luminaires, bulbs, drivers, and control systems that form the physical backbone of lighting infrastructure. As large-scale retrofitting projects and smart city initiatives continue to expand, the demand for advanced lighting hardware is growing exponentially. While hardware remains the revenue leader, software and service components are becoming increasingly vital as industries shift toward connected, data-driven ecosystems. Software platforms enable smart lighting controls, predictive maintenance, and energy optimization, while service models ensure lifecycle management and performance monitoring. Together, these trends signal a market evolution where hardware dominance is reinforced by digital intelligence and service integration.

The key regions considered for the Global Solid-State and Other Energy-Efficient Lighting Market study include North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America currently leads the market, driven by strong environmental regulations, extensive retrofitting initiatives, and widespread smart city development. Europe follows closely, supported by the EU's aggressive energy-efficiency directives and its push for sustainable urban infrastructure. Meanwhile, Asia Pacific is projected to experience the fastest growth over the forecast period, underpinned by rapid urban expansion, rising energy demand, and supportive government programs promoting LED adoption in populous nations such as China and India. Latin America and the Middle East & Africa are also emerging as promising markets due to rising investments in renewable infrastructure and expanding industrial bases that increasingly prioritize efficient lighting solutions.

Major market players included in this report are:

Signify Holding (Philips Lighting)
General Electric Company
Acuity Brands, Inc.
Cree Lighting (IDEAL Industries, Inc.)
Osram Licht AG
Eaton Corporation
Hubbell Lighting, Inc.
Panasonic Corporation
Seoul Semiconductor Co., Ltd.
Nichia Corporation
Havells India Ltd.
Zumtobel Group AG
Toshiba Lighting & Technology Corporation
Bridgelux, Inc.
Lutron Electronics Co., Inc.

Global Solid-State and Other Energy-Efficient Lighting Market Report Scope:

Historical Data - 2023, 2024
Base Year for Estimation - 2024
Forecast period - 2025-2035
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent to up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below:

Key Takeaways:

Market Estimates & Forecast for 10 years from 2025 to 2035.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of the geographical landscape with country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of the competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Solid-State and Other Energy-Efficient Lighting Market Report Scope & Methodology

1.1. Research Objective
1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top Down and Bottom-Up Approach
1.3. Research Attributes
1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
1.5. Research Assumption
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study

Chapter 2. Executive Summary

2.1. CEO/CXO Standpoint
2.2. Strategic Insights
2.3. ESG Analysis
2.4. key Findings

Chapter 3. Global Solid-State and Other Energy-Efficient Lighting Market Forces Analysis

3.1. Market Forces Shaping The Global Solid-State and Other Energy-Efficient Lighting Market (2024-2035)
3.2. Drivers
- 3.2.1. Technological advancements
- 3.2.2. expanding smart infrastructure
3.3. Restraints
- 3.3.1. high initial costs of implementation
3.4. Opportunities
- 3.4.1. long-term operational savings

Chapter 4. Global Solid-State and Other Energy-Efficient Lighting Industry Analysis

4.1. Porter's 5 Forces Model
- 4.1.1. Bargaining Power of Buyer
- 4.1.2. Bargaining Power of Supplier
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Forecast Model (2024-2035)
4.3. PESTEL Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top Investment Opportunities
4.5. Top Winning Strategies (2025)
4.6. Market Share Analysis (2024-2025)
4.7. Global Pricing Analysis And Trends 2025
4.8. Analyst Recommendation & Conclusion

Chapter 5. Global Solid-State and Other Energy-Efficient Lighting Market Size & Forecasts by Technology 2025-2035

5.1. Market Overview
5.2. Global Solid-State and Other Energy-Efficient Lighting Market Performance - Potential Analysis (2025)
5.3. Solid-State
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.3.2. Market size analysis, by region, 2025-2035
5.4. HID
- 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.4.2. Market size analysis, by region, 2025-2035
5.5. Fluorescent
- 5.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.5.2. Market size analysis, by region, 2025-2035

Chapter 6. Global Solid-State and Other Energy-Efficient Lighting Market Size & Forecasts by Installation Type 2025-2035

6.1. Market Overview
6.2. Global Solid-State and Other Energy-Efficient Lighting Market Performance - Potential Analysis (2025)
6.3. New
- 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.3.2. Market size analysis, by region, 2025-2035
6.4. Retroit
- 6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.4.2. Market size analysis, by region, 2025-2035

Chapter 7. Global Solid-State and Other Energy-Efficient Lighting Market Size & Forecasts by Offering 2025-2035

7.1. Market Overview
7.2. Global Solid-State and Other Energy-Efficient Lighting Market Performance - Potential Analysis (2025)
7.3. Hardware
- 7.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.3.2. Market size analysis, by region, 2025-2035
7.4. Software
- 7.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.4.2. Market size analysis, by region, 2025-2035
7.5. Services
- 7.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.5.2. Market size analysis, by region, 2025-2035

Chapter 8. Global Solid-State and Other Energy-Efficient Lighting Market Size & Forecasts by Application 2025-2035

8.1. Market Overview
8.2. Global Solid-State and Other Energy-Efficient Lighting Market Performance - Potential Analysis (2025)
8.3. Residential
- 8.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.3.2. Market size analysis, by region, 2025-2035
8.4. Commercial
- 8.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.4.2. Market size analysis, by region, 2025-2035
8.5. Industrial
- 8.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.5.2. Market size analysis, by region, 2025-2035
8.6. Outdoor & Street Lighting
- 8.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.6.2. Market size analysis, by region, 2025-2035
8.7. Automotive
- 8.7.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.7.2. Market size analysis, by region, 2025-2035
8.8. Others
- 8.8.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.8.2. Market size analysis, by region, 2025-2035

Chapter 9. Global Solid-State and Other Energy-Efficient Lighting Market Size & Forecasts by Region 2025-2035

9.1. Growth Solid-State and Other Energy-Efficient Lighting Market, Regional Market Snapshot
9.2. Top Leading & Emerging Countries
9.3. North America Solid-State and Other Energy-Efficient Lighting Market
- 9.3.1. U.S. Solid-State and Other Energy-Efficient Lighting Market
  - 9.3.1.1. Technology breakdown size & forecasts, 2025-2035
  - 9.3.1.2. Installation type breakdown size & forecasts, 2025-2035
  - 9.3.1.3. Offering breakdown size & forecasts, 2025-2035
  - 9.3.1.4. Application breakdown size & forecasts, 2025-2035
- 9.3.2. Canada Solid-State and Other Energy-Efficient Lighting Market
  - 9.3.2.1. Technology breakdown size & forecasts, 2025-2035
  - 9.3.2.2. Installation type breakdown size & forecasts, 2025-2035
  - 9.3.2.3. Offering breakdown size & forecasts, 2025-2035
  - 9.3.2.4. Application breakdown size & forecasts, 2025-2035
9.4. Europe Solid-State and Other Energy-Efficient Lighting Market
- 9.4.1. UK Solid-State and Other Energy-Efficient Lighting Market
  - 9.4.1.1. Technology breakdown size & forecasts, 2025-2035
  - 9.4.1.2. Installation type breakdown size & forecasts, 2025-2035
  - 9.4.1.3. Offering breakdown size & forecasts, 2025-2035
  - 9.4.1.4. Application breakdown size & forecasts, 2025-2035
- 9.4.2. Germany Solid-State and Other Energy-Efficient Lighting Market
  - 9.4.2.1. Technology breakdown size & forecasts, 2025-2035
  - 9.4.2.2. Installation type breakdown size & forecasts, 2025-2035
  - 9.4.2.3. Offering breakdown size & forecasts, 2025-2035
  - 9.4.2.4. Application breakdown size & forecasts, 2025-2035
- 9.4.3. France Solid-State and Other Energy-Efficient Lighting Market
  - 9.4.3.1. Technology breakdown size & forecasts, 2025-2035
  - 9.4.3.2. Installation type breakdown size & forecasts, 2025-2035
  - 9.4.3.3. Offering breakdown size & forecasts, 2025-2035
  - 9.4.3.4. Application breakdown size & forecasts, 2025-2035
- 9.4.4. Spain Solid-State and Other Energy-Efficient Lighting Market
  - 9.4.4.1. Technology breakdown size & forecasts, 2025-2035
  - 9.4.4.2. Installation type breakdown size & forecasts, 2025-2035
  - 9.4.4.3. Offering breakdown size & forecasts, 2025-2035
  - 9.4.4.4. Application breakdown size & forecasts, 2025-2035
- 9.4.5. Italy Solid-State and Other Energy-Efficient Lighting Market
  - 9.4.5.1. Technology breakdown size & forecasts, 2025-2035
  - 9.4.5.2. Installation type breakdown size & forecasts, 2025-2035
  - 9.4.5.3. Offering breakdown size & forecasts, 2025-2035
  - 9.4.5.4. Application breakdown size & forecasts, 2025-2035
- 9.4.6. Rest of Europe Solid-State and Other Energy-Efficient Lighting Market
  - 9.4.6.1. Technology breakdown size & forecasts, 2025-2035
  - 9.4.6.2. Installation type breakdown size & forecasts, 2025-2035
  - 9.4.6.3. Offering breakdown size & forecasts, 2025-2035
  - 9.4.6.4. Application breakdown size & forecasts, 2025-2035
9.5. Asia Pacific Solid-State and Other Energy-Efficient Lighting Market
- 9.5.1. China Solid-State and Other Energy-Efficient Lighting Market
  - 9.5.1.1. Technology breakdown size & forecasts, 2025-2035
  - 9.5.1.2. Installation type breakdown size & forecasts, 2025-2035
  - 9.5.1.3. Offering breakdown size & forecasts, 2025-2035
  - 9.5.1.4. Application breakdown size & forecasts, 2025-2035
- 9.5.2. India Solid-State and Other Energy-Efficient Lighting Market
  - 9.5.2.1. Technology breakdown size & forecasts, 2025-2035
  - 9.5.2.2. Installation type breakdown size & forecasts, 2025-2035
  - 9.5.2.3. Offering breakdown size & forecasts, 2025-2035
  - 9.5.2.4. Application breakdown size & forecasts, 2025-2035
- 9.5.3. Japan Solid-State and Other Energy-Efficient Lighting Market
  - 9.5.3.1. Technology breakdown size & forecasts, 2025-2035
  - 9.5.3.2. Installation type breakdown size & forecasts, 2025-2035
  - 9.5.3.3. Offering breakdown size & forecasts, 2025-2035
  - 9.5.3.4. Application breakdown size & forecasts, 2025-2035
- 9.5.4. Australia Solid-State and Other Energy-Efficient Lighting Market
  - 9.5.4.1. Technology breakdown size & forecasts, 2025-2035
  - 9.5.4.2. Installation type breakdown size & forecasts, 2025-2035
  - 9.5.4.3. Offering breakdown size & forecasts, 2025-2035
  - 9.5.4.4. Application breakdown size & forecasts, 2025-2035
- 9.5.5. South Korea Solid-State and Other Energy-Efficient Lighting Market
  - 9.5.5.1. Technology breakdown size & forecasts, 2025-2035
  - 9.5.5.2. Installation type breakdown size & forecasts, 2025-2035
  - 9.5.5.3. Offering breakdown size & forecasts, 2025-2035
  - 9.5.5.4. Application breakdown size & forecasts, 2025-2035
- 9.5.6. Rest of APAC Solid-State and Other Energy-Efficient Lighting Market
  - 9.5.6.1. Technology breakdown size & forecasts, 2025-2035
  - 9.5.6.2. Installation type breakdown size & forecasts, 2025-2035
  - 9.5.6.3. Offering breakdown size & forecasts, 2025-2035
  - 9.5.6.4. Application breakdown size & forecasts, 2025-2035
9.6. Latin America Solid-State and Other Energy-Efficient Lighting Market
- 9.6.1. Brazil Solid-State and Other Energy-Efficient Lighting Market
  - 9.6.1.1. Technology breakdown size & forecasts, 2025-2035
  - 9.6.1.2. Installation type breakdown size & forecasts, 2025-2035
  - 9.6.1.3. Offering breakdown size & forecasts, 2025-2035
  - 9.6.1.4. Application breakdown size & forecasts, 2025-2035
- 9.6.2. Mexico Solid-State and Other Energy-Efficient Lighting Market
  - 9.6.2.1. Technology breakdown size & forecasts, 2025-2035
  - 9.6.2.2. Installation type breakdown size & forecasts, 2025-2035
  - 9.6.2.3. Offering breakdown size & forecasts, 2025-2035
  - 9.6.2.4. Application breakdown size & forecasts, 2025-2035
9.7. Middle East and Africa Solid-State and Other Energy-Efficient Lighting Market
- 9.7.1. UAE Solid-State and Other Energy-Efficient Lighting Market
  - 9.7.1.1. Technology breakdown size & forecasts, 2025-2035
  - 9.7.1.2. Installation type breakdown size & forecasts, 2025-2035
  - 9.7.1.3. Offering breakdown size & forecasts, 2025-2035
  - 9.7.1.4. Application breakdown size & forecasts, 2025-2035
- 9.7.2. Saudi Arabia (KSA) Solid-State and Other Energy-Efficient Lighting Market
  - 9.7.2.1. Technology breakdown size & forecasts, 2025-2035
  - 9.7.2.2. Installation type breakdown size & forecasts, 2025-2035
  - 9.7.2.3. Offering breakdown size & forecasts, 2025-2035
  - 9.7.2.4. Application breakdown size & forecasts, 2025-2035
- 9.7.3. South Africa Solid-State and Other Energy-Efficient Lighting Market
  - 9.7.3.1. Technology breakdown size & forecasts, 2025-2035
  - 9.7.3.2. Installation type breakdown size & forecasts, 2025-2035
  - 9.7.3.3. Offering breakdown size & forecasts, 2025-2035
  - 9.7.3.4. Application breakdown size & forecasts, 2025-2035

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies
10.2. Signify Holding (Philips Lighting)
- 10.2.1. Company Overview
- 10.2.2. Key Executives
- 10.2.3. Company Snapshot
- 10.2.4. Financial Performance (Subject to Data Availability)
- 10.2.5. Product/Services Port
- 10.2.6. Recent Development
- 10.2.7. Market Strategies
- 10.2.8. SWOT Analysis
10.3. General Electric Company
10.4. Acuity Brands, Inc.
10.5. Cree Lighting (IDEAL Industries, Inc.)
10.6. Osram Licht AG
10.7. Eaton Corporation
10.8. Hubbell Lighting, Inc.
10.9. Panasonic Corporation
10.10. Seoul Semiconductor Co., Ltd.
10.11. Nichia Corporation
10.12. Havells India Ltd.
10.13. Zumtobel Group AG
10.14. Toshiba Lighting & Technology Corporation
10.15. Bridgelux, Inc.
10.16. Lutron Electronics Co., Inc.