PUBLISHER: TechNavio | PRODUCT CODE: 1975568
PUBLISHER: TechNavio | PRODUCT CODE: 1975568
The global led lighting market is forecasted to grow by USD 52.1 bn during 2025-2030, accelerating at a CAGR of 8.7% during the forecast period. The report on the global led lighting market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by declining manufacturing cost of led lights, phasing out halogen, incandescent, fluorescent, and hid lamps, need for led lighting in hazardous areas.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2026 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 8% |
| CAGR | 8.7% |
| Incremental Value | $52.1 bn |
Technavio's global led lighting market is segmented as below:
By Application
By Product
By Distribution Channel
Geography
This study identifies the emergence of smart cities as one of the prime reasons driving the global led lighting market growth during the next few years. Also, advances in automotive lighting systems and growing traction for intelligent lighting systems will lead to sizable demand in the market.
The report on the global led lighting market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global led lighting market vendors that include Acuity Brands Inc., ams OSRAM AG, Cree Lighting, Dialight PLC, Eaton Corp. Plc, Everlight Electronics Co. Ltd., GE Lighting, Havells India Ltd., Hubbell Inc., LSI Industries Inc., Lumileds Holding BV, Lutron Electronics Co. Inc., Nichia Corp., Panasonic Holdings Corp., Seoul Semiconductor Co. Ltd., Signify NV, Siteco GmbH, Toshiba Lighting and Tech., WAC Lighting, Zumtobel Group AG. Also, the global led lighting market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.