Global Electric Lighting Equipment Market Size, Share & Industry Trends Analysis Report By Type, By Sales Channel, By Application, By Regional Outlook and Forecast, 2023

Description

List of Tables

The Global Electric Lighting Equipment Market size is expected to reach $173.2 billion by 2030, rising at a market growth of 7.0% CAGR during the forecast period. In the year 2022, the market attained a volume of 466.6 million units, experiencing a growth of 4% (2019-2022).

The usage of LED lights has increased across various commercial sectors due to the government's encouragement of investments in energy-efficient lighting technologies through various laws. Therefore, the commercial segment would register approximately 1/5th share in the market by 2030. In addition, 18 to 40 percent of the electricity utilized in commercial buildings is consumed by illumination, compared to just a few in houses. The market is growing due to the increased interest in energy conservation. Furthermore, LED lighting is being increasingly used in countries all over the world. For instance, the 250,000 streetlights in New York City were upgraded to energy-efficient LEDs, and the project has been finished by 2017.

The major strategies followed by the market participants are Acquisitions as the key developmental strategy to keep pace with the changing demands of end users. In June, 2022, Signify acquired Fluence to solidify Signify's global agriculture lighting growth platform and strengthened its position in the attractive North American horticultural lighting market. Additionally, in June, 2021, Acuity Brands, Inc. signed an agreement to purchase North American Digital Systems (DS) business from ams OSRAM to enable the company to expand its advanced LED driver portfolio.

Based on the Analysis presented in the KBV Cardinal matrix; Eaton Corporation PLC is the forerunner in the Market. In June, 2021, Eaton completed the acquisition of Cobham Mission Systems to expand its Aerospace fuel systems offerings. Companies such as Toshiba Corporation, Signify N.V., Hubbell Incorporated are some of the key innovators in the Market.

Market Growth Factors

Rising Demand for Energy-Efficient Lighting

Energy-efficient lighting involves utilizing fewer lights by replacing high-power-consumption lights such as incandescent, high-discharge, etc. This technique is also utilized in GPRS, GSM, and SCADA, among other control technologies. Additionally, it is substituting low-wattage equipment like electronic ballasts and fixtures for high-wattage lighting accessories. Energy-efficient lighting replaces traditional lighting (incandescent bulbs) with fluorescent, CFL, and LED lighting. This market may open new growth prospects due to the growing usage of LEDs in the automotive sector. The development of lighting technology increases energy efficiency and offers extra advantages like ambient lighting, ventilation, and warmth.

Growing Adoption of Smart Lighting Solutions

The ability of lights to link with IoT devices and generate a range of ambient lighting using only smartphones or tablets has expanded their popularity and demand in both commercial and residential spaces. They can also be programmed to turn on and off and track their energy consumption. The platform connection with Google Assistant, Amazon's Alexa, Apple's Siri, or Microsoft's Cortana can also provide voice control of smart lights. Therefore, it is anticipated that the demand for LED-based smart lights will increase throughout the projected period due to various government measures to encourage their use.

Market Restraining Factors

Challenges in Establishing Newer Manufacturing Hubs

Due to stringent government policies, which include rules and regulations relating to environmental measures, investors are having difficulty setting up newer light industrial centers in several countries. Before establishing a factory, investors or manufacturers encounter several other obstacles, including high capital costs, high investments in the R&D sector, inefficient raw material supply, inefficient logistics, and a lack of sophisticated manufacturing equipment. If there is a lack of skilled labor or a problem in recruiting and training employees, it can hinder the market's production capacity and overall growth. Hence, all of these elements may hamper the growth of the market in the coming years.

Type Outlook

By type, the market is classified into general lighting, automotive lighting, and back lighting. In 2022, the general lighting segment held the highest revenue share in the market. General lighting is divided into LED and traditional Lighting according to product segmentation. LED lighting will experience significant adoption during the anticipated period. Traditional lighting sources, such as CFLs, LFLs, and HID lights, have historically been employed in all application areas due to their low cost and ease of installation and will also be used in upcoming years.

Sales Channel Outlook

Based on the sales channel, the market is categorized into online, and offline. In 2022, the online segment acquired a substantial revenue share in the market. The online platform enables manufacturers and retailers of lighting equipment to connect with a global audience without the limitations of physical stores. Sales and brand awareness may rise as a result of this enhanced reach. Online shopping offers consumers the convenience of browsing and purchasing lighting products from the comfort of their homes. This convenience can encourage more people to investigate and buy electric lighting equipment, particularly those without access to physical stores.

Application Outlook

On the basis of application, the market is divided into residential, commercial and others. In 2022, the residential segment dominated the market with maximum revenue share. Future development of energy-efficient lighting with sophisticated power management systems, which reduce standby power usage, and environmentally friendly manufacturing processes are also potential for makers of electric lighting equipment. In this market, these factors combined to create a significant demand for illumination in the residential segment.

Regional Outlook

Region wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the Asia Pacific region led the market by generating the highest revenue share. The growth of the electric lighting equipment market in the Asia Pacific region is influenced by many variables. These include the rising demand for better and more effective lighting solutions, the abundance of LED package and chip companies, and the quick urbanization of nations like India, China, and Japan.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hubbell Incorporated, Eaton Corporation PLC, Stanley Electric Co. Ltd., Acuity Brands Lighting, Inc., ams-OSRAM AG, Savant Systems, Inc., Toshiba Corporation, Nichia Corporation, Everlight Electronics Co., Ltd., and Signify N.V.

Recent Strategies Deployed in Electric Lighting Equipment Market

Partnerships, Collaboration and Agreements:

Jan-2023: Acuity Brands Lighting, Inc., a subsidiary of Acuity Brands, Inc, entered into an agreement with Biological Innovations and Optimization Systems, LLC, an innovator in the biological application of LED lighting for people and plants. The company would join the BIOS ILLUMINATED™ partnership program. The partnership would enable the company to sell its certain human-centric LED lighting components using the BIOS® trademark for marketing and promoting these lighting fixtures that include BIOS SkyBlue technology.

Oct-2021: Savant Systems formed a partnership with True Value Company, an American wholesaler with over 4,500 independent retail locations worldwide. Under the partnership, True Value became the only national hardware channel distributor for all GE-branded lightbulbs. True Value also agreed to offer its customers exclusive warehouse access to the rising CYNC family of whole-home automation products. Previously known as C by GE, CYNC is a premium, GE-branded line of smart home products.

Acquisitions and Merger:

Jun-2022: Signify acquired Fluence, a company that makes lighting solutions for controlled environment commercial crop production. Signify acquired the company from OSRAM. The acquisition solidified Signify's global agriculture lighting growth platform and strengthened its position in the attractive North American horticultural lighting market.

Jul-2022: Eaton acquired a 50% stake in the circuit breaker business of Jiangsu Huineng Electric Co., Ltd. (Huineng), which manufactures and markets low-voltage circuit breakers in China. The acquisition would enable the company to capitalize on opportunities in high-growth market segments.

Jul-2021: Signify acquired Telensa Holdings Ltd, a company specializing in control systems and wireless monitoring for smart cities. Through this acquisition, Signify would add the TALQ-compliant and narrow-band solution to its advanced, open, and secured systems. The addition would allow Signify to service a wider range of customers, by making smart cities affordable to cities using the unlicensed radio space.

Jun-2021: Acuity Brands, Inc. signed an agreement to purchase North American Digital Systems (DS) business from ams OSRAM. The acquisition would enable the company to expand its advanced LED driver portfolio. Additionally, it would create more opportunities for its employees, customers, and business partners.

Jun-2021: Eaton completed the acquisition of Cobham Mission Systems, a leading manufacturer of air-to-air refueling systems. The business has a workforce of approximately 2,000 people and manufacturing facilities in the United States and the United Kingdom. With this acquisition, the company would expand its Aerospace fuel systems offerings.

Mar-2021: Eaton today took over Tripp Lite, a manufacturer of power protection and connecting electrical devices. Under this acquisition, the addition of Tripp Lite's complementary product portfolio would advance the breadth of its edge computing and distributed IT product suite and broaden its single-phase UPS business.

Scope of the Study

Market Segments covered in the Report:

By Type (Volume, Million Units, USD Million, 2019-2030)

General Lighting
Automotive Lighting
Back Lighting

By Sales Channel (Volume, Million Units, USD Million, 2019-2030)

Offline
Online

By Application (Volume, Million Units, USD Million, 2019-2030)

Residential
Commercial
Others

By Geography (Volume, Million Units, USD Million, 2019-2030)

North America
- US
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA

Companies Profiled

Hubbell Incorporated
Eaton Corporation PLC
Stanley Electric Co. Ltd.
Acuity Brands Lighting, Inc.
ams-OSRAM AG
Savant Systems, Inc.
Toshiba Corporation
Nichia Corporation
Everlight Electronics Co., Ltd.
Signify N.V.

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Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 Global Electric Lighting Equipment Market, by Type
- 1.4.2 Global Electric Lighting Equipment Market, by Sales Channel
- 1.4.3 Global Electric Lighting Equipment Market, by Application
- 1.4.4 Global Electric Lighting Equipment Market, by Geography
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints

Chapter 4. Competition Analysis - Global

4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2022
4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
- 4.4.2 Key Strategic Move: (Acquisition and Mergers: 2019, Apr - 2022, Jun) Leading Players
4.5 Porter's Five Forces Analysis

Chapter 5. Global Electric Lighting Equipment Market by Type

5.1 Global General Lighting Market by Region
5.2 Global Automotive Lighting Market by Region
5.3 Global Back Lighting Market by Region

Chapter 6. Global Electric Lighting Equipment Market by Sales Channel

6.1 Global Offline Market by Region
6.2 Global Online Market by Region

Chapter 7. Global Electric Lighting Equipment Market by Application

7.1 Global Residential Market by Region
7.2 Global Commercial Market by Region
7.3 Global Others Market by Region

Chapter 8. Global Electric Lighting Equipment Market by Region

8.1 North America Electric Lighting Equipment Market
- 8.1.1 North America Electric Lighting Equipment Market by Type
  - 8.1.1.1 North America General Lighting Market by Country
  - 8.1.1.2 North America Automotive Lighting Market by Country
  - 8.1.1.3 North America Back Lighting Market by Country
- 8.1.2 North America Electric Lighting Equipment Market by Sales Channel
  - 8.1.2.1 North America Offline Market by Country
  - 8.1.2.2 North America Online Market by Country
- 8.1.3 North America Electric Lighting Equipment Market by Application
  - 8.1.3.1 North America Residential Market by Country
  - 8.1.3.2 North America Commercial Market by Country
  - 8.1.3.3 North America Others Market by Country
- 8.1.4 North America Electric Lighting Equipment Market by Country
  - 8.1.4.1 US Electric Lighting Equipment Market
    - 8.1.4.1.1 US Electric Lighting Equipment Market by Type
    - 8.1.4.1.2 US Electric Lighting Equipment Market by Sales Channel
    - 8.1.4.1.3 US Electric Lighting Equipment Market by Application
  - 8.1.4.2 Canada Electric Lighting Equipment Market
    - 8.1.4.2.1 Canada Electric Lighting Equipment Market by Type
    - 8.1.4.2.2 Canada Electric Lighting Equipment Market by Sales Channel
    - 8.1.4.2.3 Canada Electric Lighting Equipment Market by Application
  - 8.1.4.3 Mexico Electric Lighting Equipment Market
    - 8.1.4.3.1 Mexico Electric Lighting Equipment Market by Type
    - 8.1.4.3.2 Mexico Electric Lighting Equipment Market by Sales Channel
    - 8.1.4.3.3 Mexico Electric Lighting Equipment Market by Application
  - 8.1.4.4 Rest of North America Electric Lighting Equipment Market
    - 8.1.4.4.1 Rest of North America Electric Lighting Equipment Market by Type
    - 8.1.4.4.2 Rest of North America Electric Lighting Equipment Market by Sales Channel
    - 8.1.4.4.3 Rest of North America Electric Lighting Equipment Market by Application
8.2 Europe Electric Lighting Equipment Market
- 8.2.1 Europe Electric Lighting Equipment Market by Type
  - 8.2.1.1 Europe General Lighting Market by Country
  - 8.2.1.2 Europe Automotive Lighting Market by Country
  - 8.2.1.3 Europe Back Lighting Market by Country
- 8.2.2 Europe Electric Lighting Equipment Market by Sales Channel
  - 8.2.2.1 Europe Offline Market by Country
  - 8.2.2.2 Europe Online Market by Country
- 8.2.3 Europe Electric Lighting Equipment Market by Application
  - 8.2.3.1 Europe Residential Market by Country
  - 8.2.3.2 Europe Commercial Market by Country
  - 8.2.3.3 Europe Others Market by Country
- 8.2.4 Europe Electric Lighting Equipment Market by Country
  - 8.2.4.1 Germany Electric Lighting Equipment Market
    - 8.2.4.1.1 Germany Electric Lighting Equipment Market by Type
    - 8.2.4.1.2 Germany Electric Lighting Equipment Market by Sales Channel
    - 8.2.4.1.3 Germany Electric Lighting Equipment Market by Application
  - 8.2.4.2 UK Electric Lighting Equipment Market
    - 8.2.4.2.1 UK Electric Lighting Equipment Market by Type
    - 8.2.4.2.2 UK Electric Lighting Equipment Market by Sales Channel
    - 8.2.4.2.3 UK Electric Lighting Equipment Market by Application
  - 8.2.4.3 France Electric Lighting Equipment Market
    - 8.2.4.3.1 France Electric Lighting Equipment Market by Type
    - 8.2.4.3.2 France Electric Lighting Equipment Market by Sales Channel
    - 8.2.4.3.3 France Electric Lighting Equipment Market by Application
  - 8.2.4.4 Russia Electric Lighting Equipment Market
    - 8.2.4.4.1 Russia Electric Lighting Equipment Market by Type
    - 8.2.4.4.2 Russia Electric Lighting Equipment Market by Sales Channel
    - 8.2.4.4.3 Russia Electric Lighting Equipment Market by Application
  - 8.2.4.5 Spain Electric Lighting Equipment Market
    - 8.2.4.5.1 Spain Electric Lighting Equipment Market by Type
    - 8.2.4.5.2 Spain Electric Lighting Equipment Market by Sales Channel
    - 8.2.4.5.3 Spain Electric Lighting Equipment Market by Application
  - 8.2.4.6 Italy Electric Lighting Equipment Market
    - 8.2.4.6.1 Italy Electric Lighting Equipment Market by Type
    - 8.2.4.6.2 Italy Electric Lighting Equipment Market by Sales Channel
    - 8.2.4.6.3 Italy Electric Lighting Equipment Market by Application
  - 8.2.4.7 Rest of Europe Electric Lighting Equipment Market
    - 8.2.4.7.1 Rest of Europe Electric Lighting Equipment Market by Type
    - 8.2.4.7.2 Rest of Europe Electric Lighting Equipment Market by Sales Channel
    - 8.2.4.7.3 Rest of Europe Electric Lighting Equipment Market by Application
8.3 Asia Pacific Electric Lighting Equipment Market
- 8.3.1 Asia Pacific Electric Lighting Equipment Market by Type
  - 8.3.1.1 Asia Pacific General Lighting Market by Country
  - 8.3.1.2 Asia Pacific Automotive Lighting Market by Country
  - 8.3.1.3 Asia Pacific Back Lighting Market by Country
- 8.3.2 Asia Pacific Electric Lighting Equipment Market by Sales Channel
  - 8.3.2.1 Asia Pacific Offline Market by Country
  - 8.3.2.2 Asia Pacific Online Market by Country
- 8.3.3 Asia Pacific Electric Lighting Equipment Market by Application
  - 8.3.3.1 Asia Pacific Residential Market by Country
  - 8.3.3.2 Asia Pacific Commercial Market by Country
  - 8.3.3.3 Asia Pacific Others Market by Country
- 8.3.4 Asia Pacific Electric Lighting Equipment Market by Country
  - 8.3.4.1 China Electric Lighting Equipment Market
    - 8.3.4.1.1 China Electric Lighting Equipment Market by Type
    - 8.3.4.1.2 China Electric Lighting Equipment Market by Sales Channel
    - 8.3.4.1.3 China Electric Lighting Equipment Market by Application
  - 8.3.4.2 Japan Electric Lighting Equipment Market
    - 8.3.4.2.1 Japan Electric Lighting Equipment Market by Type
    - 8.3.4.2.2 Japan Electric Lighting Equipment Market by Sales Channel
    - 8.3.4.2.3 Japan Electric Lighting Equipment Market by Application
  - 8.3.4.3 India Electric Lighting Equipment Market
    - 8.3.4.3.1 India Electric Lighting Equipment Market by Type
    - 8.3.4.3.2 India Electric Lighting Equipment Market by Sales Channel
    - 8.3.4.3.3 India Electric Lighting Equipment Market by Application
  - 8.3.4.4 South Korea Electric Lighting Equipment Market
    - 8.3.4.4.1 South Korea Electric Lighting Equipment Market by Type
    - 8.3.4.4.2 South Korea Electric Lighting Equipment Market by Sales Channel
    - 8.3.4.4.3 South Korea Electric Lighting Equipment Market by Application
  - 8.3.4.5 Singapore Electric Lighting Equipment Market
    - 8.3.4.5.1 Singapore Electric Lighting Equipment Market by Type
    - 8.3.4.5.2 Singapore Electric Lighting Equipment Market by Sales Channel
    - 8.3.4.5.3 Singapore Electric Lighting Equipment Market by Application
  - 8.3.4.6 Malaysia Electric Lighting Equipment Market
    - 8.3.4.6.1 Malaysia Electric Lighting Equipment Market by Type
    - 8.3.4.6.2 Malaysia Electric Lighting Equipment Market by Sales Channel
    - 8.3.4.6.3 Malaysia Electric Lighting Equipment Market by Application
  - 8.3.4.7 Rest of Asia Pacific Electric Lighting Equipment Market
    - 8.3.4.7.1 Rest of Asia Pacific Electric Lighting Equipment Market by Type
    - 8.3.4.7.2 Rest of Asia Pacific Electric Lighting Equipment Market by Sales Channel
    - 8.3.4.7.3 Rest of Asia Pacific Electric Lighting Equipment Market by Application
8.4 LAMEA Electric Lighting Equipment Market
- 8.4.1 LAMEA Electric Lighting Equipment Market by Type
  - 8.4.1.1 LAMEA General Lighting Market by Country
  - 8.4.1.2 LAMEA Automotive Lighting Market by Country
  - 8.4.1.3 LAMEA Back Lighting Market by Country
- 8.4.2 LAMEA Electric Lighting Equipment Market by Sales Channel
  - 8.4.2.1 LAMEA Offline Market by Country
  - 8.4.2.2 LAMEA Online Market by Country
- 8.4.3 LAMEA Electric Lighting Equipment Market by Application
  - 8.4.3.1 LAMEA Residential Market by Country
  - 8.4.3.2 LAMEA Commercial Market by Country
  - 8.4.3.3 LAMEA Others Market by Country
- 8.4.4 LAMEA Electric Lighting Equipment Market by Country
  - 8.4.4.1 Brazil Electric Lighting Equipment Market
    - 8.4.4.1.1 Brazil Electric Lighting Equipment Market by Type
    - 8.4.4.1.2 Brazil Electric Lighting Equipment Market by Sales Channel
    - 8.4.4.1.3 Brazil Electric Lighting Equipment Market by Application
  - 8.4.4.2 Argentina Electric Lighting Equipment Market
    - 8.4.4.2.1 Argentina Electric Lighting Equipment Market by Type
    - 8.4.4.2.2 Argentina Electric Lighting Equipment Market by Sales Channel
    - 8.4.4.2.3 Argentina Electric Lighting Equipment Market by Application
  - 8.4.4.3 UAE Electric Lighting Equipment Market
    - 8.4.4.3.1 UAE Electric Lighting Equipment Market by Type
    - 8.4.4.3.2 UAE Electric Lighting Equipment Market by Sales Channel
    - 8.4.4.3.3 UAE Electric Lighting Equipment Market by Application
  - 8.4.4.4 Saudi Arabia Electric Lighting Equipment Market
    - 8.4.4.4.1 Saudi Arabia Electric Lighting Equipment Market by Type
    - 8.4.4.4.2 Saudi Arabia Electric Lighting Equipment Market by Sales Channel
    - 8.4.4.4.3 Saudi Arabia Electric Lighting Equipment Market by Application
  - 8.4.4.5 South Africa Electric Lighting Equipment Market
    - 8.4.4.5.1 South Africa Electric Lighting Equipment Market by Type
    - 8.4.4.5.2 South Africa Electric Lighting Equipment Market by Sales Channel
    - 8.4.4.5.3 South Africa Electric Lighting Equipment Market by Application
  - 8.4.4.6 Nigeria Electric Lighting Equipment Market
    - 8.4.4.6.1 Nigeria Electric Lighting Equipment Market by Type
    - 8.4.4.6.2 Nigeria Electric Lighting Equipment Market by Sales Channel
    - 8.4.4.6.3 Nigeria Electric Lighting Equipment Market by Application
  - 8.4.4.7 Rest of LAMEA Electric Lighting Equipment Market
    - 8.4.4.7.1 Rest of LAMEA Electric Lighting Equipment Market by Type
    - 8.4.4.7.2 Rest of LAMEA Electric Lighting Equipment Market by Sales Channel
    - 8.4.4.7.3 Rest of LAMEA Electric Lighting Equipment Market by Application

Chapter 9. Company Profiles

9.1 Hubbell Incorporated
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expenses
- 9.1.5 SWOT Analysis
9.2 Eaton Corporation PLC
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expense
- 9.2.5 Recent strategies and developments:
  - 9.2.5.1 Acquisition and Mergers:
- 9.2.6 SWOT Analysis
9.3 Stanley Electric Co. Ltd.
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental Analysis
- 9.3.4 Recent strategies and developments:
  - 9.3.4.1 Partnerships, Collaborations, and Agreements:
- 9.3.5 SWOT Analysis
9.4 Acuity Brands Lighting, Inc.
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Regional and Segmental Analysis
- 9.4.4 Research & Development Expense
- 9.4.5 Recent strategies and developments:
  - 9.4.5.1 Partnerships, Collaborations, and Agreements:
  - 9.4.5.2 Acquisition and Mergers:
- 9.4.6 SWOT Analysis
9.5 ams-OSRAM AG
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expense
- 9.5.5 SWOT Analysis
9.6 Savant Systems, Inc.
- 9.6.1 Company Overview
- 9.6.2 Recent strategies and developments:
  - 9.6.2.1 Partnerships, Collaborations, and Agreements:
  - 9.6.2.2 Product Launches and Product Expansions:
9.7 Toshiba Corporation
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research and Development Expense
- 9.7.5 SWOT Analysis
9.8 Nichia Corporation
- 9.8.1 Company Overview
- 9.8.2 SWOT Analysis
9.9 Everlight Electronics Co., Ltd.
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental and Regional Analysis
- 9.9.4 Research & Development Expenses
- 9.9.5 SWOT Analysis
9.10. Signify N.V.
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental and Regional Analysis
- 9.10.4 Research & Development Expense
- 9.10.5 Recent strategies and developments:
  - 9.10.5.1 Acquisition and Mergers:
- 9.10.6 SWOT Analysis

Chapter 10. Winning Imperative for Electric Lighting Equipment Market

LIST OF TABLES

TABLE 1 Global Electric Lighting Equipment Market, 2019 - 2022, USD Million
TABLE 2 Global Electric Lighting Equipment Market, 2023 - 2030, USD Million
TABLE 3 Global Electric Lighting Equipment Market, 2019 - 2022, Million Units
TABLE 4 Global Electric Lighting Equipment Market, 2023 - 2030, Million Units
TABLE 5 Partnerships, Collaborations and Agreements- Electric Lighting Equipment Market
TABLE 6 Product Launches And Product Expansions- Electric Lighting Equipment Market
TABLE 7 Acquisition and Mergers- Electric Lighting Equipment Market
TABLE 8 Global Electric Lighting Equipment Market by Type, 2019 - 2022, USD Million
TABLE 9 Global Electric Lighting Equipment Market by Type, 2023 - 2030, USD Million
TABLE 10 Global Electric Lighting Equipment Market by Type, 2019 - 2022, Million Units
TABLE 11 Global Electric Lighting Equipment Market by Type, 2023 - 2030, Million Units
TABLE 12 Global General Lighting Market by Region, 2019 - 2022, USD Million
TABLE 13 Global General Lighting Market by Region, 2023 - 2030, USD Million
TABLE 14 Global General Lighting Market by Region, 2019 - 2022, Million Units
TABLE 15 Global General Lighting Market by Region, 2023 - 2030, Million Units
TABLE 16 Global Automotive Lighting Market by Region, 2019 - 2022, USD Million
TABLE 17 Global Automotive Lighting Market by Region, 2023 - 2030, USD Million
TABLE 18 Global Automotive Lighting Market by Region, 2019 - 2022, Million Units
TABLE 19 Global Automotive Lighting Market by Region, 2023 - 2030, Million Units
TABLE 20 Global Back Lighting Market by Region, 2019 - 2022, USD Million
TABLE 21 Global Back Lighting Market by Region, 2023 - 2030, USD Million
TABLE 22 Global Back Lighting Market by Region, 2019 - 2022, Million Units
TABLE 23 Global Back Lighting Market by Region, 2023 - 2030, Million Units
TABLE 24 Global Electric Lighting Equipment Market by Sales Channel, 2019 - 2022, USD Million
TABLE 25 Global Electric Lighting Equipment Market by Sales Channel, 2023 - 2030, USD Million
TABLE 26 Global Electric Lighting Equipment Market by Sales Channel, 2019 - 2022, Million Units
TABLE 27 Global Electric Lighting Equipment Market by Sales Channel, 2023 - 2030, Million Units
TABLE 28 Global Offline Market by Region, 2019 - 2022, USD Million
TABLE 29 Global Offline Market by Region, 2023 - 2030, USD Million
TABLE 30 Global Offline Market by Region, 2019 - 2022, Million Units
TABLE 31 Global Offline Market by Region, 2023 - 2030, Million Units
TABLE 32 Global Online Market by Region, 2019 - 2022, USD Million
TABLE 33 Global Online Market by Region, 2023 - 2030, USD Million
TABLE 34 Global Online Market by Region, 2019 - 2022, Million Units
TABLE 35 Global Online Market by Region, 2023 - 2030, Million Units
TABLE 36 Global Electric Lighting Equipment Market by Application, 2019 - 2022, USD Million
TABLE 37 Global Electric Lighting Equipment Market by Application, 2023 - 2030, USD Million
TABLE 38 Global Electric Lighting Equipment Market by Application, 2019 - 2022, Million Units
TABLE 39 Global Electric Lighting Equipment Market by Application, 2023 - 2030, Million Units
TABLE 40 Global Residential Market by Region, 2019 - 2022, USD Million
TABLE 41 Global Residential Market by Region, 2023 - 2030, USD Million
TABLE 42 Global Residential Market by Region, 2019 - 2022, Million Units
TABLE 43 Global Residential Market by Region, 2023 - 2030, Million Units
TABLE 44 Global Commercial Market by Region, 2019 - 2022, USD Million
TABLE 45 Global Commercial Market by Region, 2023 - 2030, USD Million
TABLE 46 Global Commercial Market by Region, 2019 - 2022, Million Units
TABLE 47 Global Commercial Market by Region, 2023 - 2030, Million Units
TABLE 48 Global Others Market by Region, 2019 - 2022, USD Million
TABLE 49 Global Others Market by Region, 2023 - 2030, USD Million
TABLE 50 Global Others Market by Region, 2019 - 2022, Million Units
TABLE 51 Global Others Market by Region, 2023 - 2030, Million Units
TABLE 52 Global Electric Lighting Equipment Market by Region, 2019 - 2022, USD Million
TABLE 53 Global Electric Lighting Equipment Market by Region, 2023 - 2030, USD Million
TABLE 54 Global Electric Lighting Equipment Market by Region, 2019 - 2022, Million Units
TABLE 55 Global Electric Lighting Equipment Market by Region, 2023 - 2030, Million Units
TABLE 56 North America Electric Lighting Equipment Market, 2019 - 2022, USD Million
TABLE 57 North America Electric Lighting Equipment Market, 2023 - 2030, USD Million
TABLE 58 North America Electric Lighting Equipment Market, 2019 - 2022, Million Units
TABLE 59 North America Electric Lighting Equipment Market, 2023 - 2030, Million Units
TABLE 60 North America Electric Lighting Equipment Market by Type, 2019 - 2022, USD Million
TABLE 61 North America Electric Lighting Equipment Market by Type, 2023 - 2030, USD Million
TABLE 62 North America Electric Lighting Equipment Market by Type, 2019 - 2022, Million Units
TABLE 63 North America Electric Lighting Equipment Market by Type, 2023 - 2030, Million Units
TABLE 64 North America General Lighting Market by Country, 2019 - 2022, USD Million
TABLE 65 North America General Lighting Market by Country, 2023 - 2030, USD Million
TABLE 66 North America General Lighting Market by Country, 2019 - 2022, Million Units
TABLE 67 North America General Lighting Market by Country, 2023 - 2030, Million Units
TABLE 68 North America Automotive Lighting Market by Country, 2019 - 2022, USD Million
TABLE 69 North America Automotive Lighting Market by Country, 2023 - 2030, USD Million
TABLE 70 North America Automotive Lighting Market by Country, 2019 - 2022, Million Units
TABLE 71 North America Automotive Lighting Market by Country, 2023 - 2030, Million Units
TABLE 72 North America Back Lighting Market by Country, 2019 - 2022, USD Million
TABLE 73 North America Back Lighting Market by Country, 2023 - 2030, USD Million
TABLE 74 North America Back Lighting Market by Country, 2019 - 2022, Million Units
TABLE 75 North America Back Lighting Market by Country, 2023 - 2030, Million Units
TABLE 76 North America Electric Lighting Equipment Market by Sales Channel, 2019 - 2022, USD Million
TABLE 77 North America Electric Lighting Equipment Market by Sales Channel, 2023 - 2030, USD Million
TABLE 78 North America Electric Lighting Equipment Market by Sales Channel, 2019 - 2022, Million Units
TABLE 79 North America Electric Lighting Equipment Market by Sales Channel, 2023 - 2030, Million Units
TABLE 80 North America Offline Market by Country, 2019 - 2022, USD Million
TABLE 81 North America Offline Market by Country, 2023 - 2030, USD Million
TABLE 82 North America Offline Market by Country, 2019 - 2022, Million Units
TABLE 83 North America Offline Market by Country, 2023 - 2030, Million Units
TABLE 84 North America Online Market by Country, 2019 - 2022, USD Million
TABLE 85 North America Online Market by Country, 2023 - 2030, USD Million
TABLE 86 North America Online Market by Country, 2019 - 2022, Million Units
TABLE 87 North America Online Market by Country, 2023 - 2030, Million Units
TABLE 88 North America Electric Lighting Equipment Market by Application, 2019 - 2022, USD Million
TABLE 89 North America Electric Lighting Equipment Market by Application, 2023 - 2030, USD Million
TABLE 90 North America Electric Lighting Equipment Market by Application, 2019 - 2022, Million Units
TABLE 91 North America Electric Lighting Equipment Market by Application, 2023 - 2030, Million Units
TABLE 92 North America Residential Market by Country, 2019 - 2022, USD Million
TABLE 93 North America Residential Market by Country, 2023 - 2030, USD Million
TABLE 94 North America Residential Market by Country, 2019 - 2022, Million Units
TABLE 95 North America Residential Market by Country, 2023 - 2030, Million Units
TABLE 96 North America Commercial Market by Country, 2019 - 2022, USD Million
TABLE 97 North America Commercial Market by Country, 2023 - 2030, USD Million
TABLE 98 North America Commercial Market by Country, 2019 - 2022, Million Units
TABLE 99 North America Commercial Market by Country, 2023 - 2030, Million Units
TABLE 100 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 101 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 102 North America Others Market by Country, 2019 - 2022, Million Units
TABLE 103 North America Others Market by Country, 2023 - 2030, Million Units
TABLE 104 North America Electric Lighting Equipment Market by Country, 2019 - 2022, USD Million
TABLE 105 North America Electric Lighting Equipment Market by Country, 2023 - 2030, USD Million
TABLE 106 North America Electric Lighting Equipment Market by Country, 2019 - 2022, Million Units
TABLE 107 North America Electric Lighting Equipment Market by Country, 2023 - 2030, Million Units
TABLE 108 US Electric Lighting Equipment Market, 2019 - 2022, USD Million
TABLE 109 US Electric Lighting Equipment Market, 2023 - 2030, USD Million
TABLE 110 US Electric Lighting Equipment Market, 2019 - 2022, Million Units
TABLE 111 US Electric Lighting Equipment Market, 2023 - 2030, Million Units
TABLE 112 US Electric Lighting Equipment Market by Type, 2019 - 2022, USD Million
TABLE 113 US Electric Lighting Equipment Market by Type, 2023 - 2030, USD Million
TABLE 114 US Electric Lighting Equipment Market by Type, 2019 - 2022, Million Units
TABLE 115 US Electric Lighting Equipment Market by Type, 2023 - 2030, Million Units
TABLE 116 US Electric Lighting Equipment Market by Sales Channel, 2019 - 2022, USD Million
TABLE 117 US Electric Lighting Equipment Market by Sales Channel, 2023 - 2030, USD Million
TABLE 118 US Electric Lighting Equipment Market by Sales Channel, 2019 - 2022, Million Units
TABLE 119 US Electric Lighting Equipment Market by Sales Channel, 2023 - 2030, Million Units
TABLE 120 US Electric Lighting Equipment Market by Application, 2019 - 2022, USD Million
TABLE 121 US Electric Lighting Equipment Market by Application, 2023 - 2030, USD Million
TABLE 122 US Electric Lighting Equipment Market by Application, 2019 - 2022, Million Units
TABLE 123 US Electric Lighting Equipment Market by Application, 2023 - 2030, Million Units
TABLE 124 Canada Electric Lighting Equipment Market, 2019 - 2022, USD Million
TABLE 125 Canada Electric Lighting Equipment Market, 2023 - 2030, USD Million
TABLE 126 Canada Electric Lighting Equipment Market, 2019 - 2022, Million Units
TABLE 127 Canada Electric Lighting Equipment Market, 2023 - 2030, Million Units
TABLE 128 Canada Electric Lighting Equipment Market by Type, 2019 - 2022, USD Million
TABLE 129 Canada Electric Lighting Equipment Market by Type, 2023 - 2030, USD Million
TABLE 130 Canada Electric Lighting Equipment Market by Type, 2019 - 2022, Million Units
TABLE 131 Canada Electric Lighting Equipment Market by Type, 2023 - 2030, Million Units
TABLE 132 Canada Electric Lighting Equipment Market by Sales Channel, 2019 - 2022, USD Million
TABLE 133 Canada Electric Lighting Equipment Market by Sales Channel, 2023 - 2030, USD Million
TABLE 134 Canada Electric Lighting Equipment Market by Sales Channel, 2019 - 2022, Million Units
TABLE 135 Canada Electric Lighting Equipment Market by Sales Channel, 2023 - 2030, Million Units
TABLE 136 Canada Electric Lighting Equipment Market by Application, 2019 - 2022, USD Million
TABLE 137 Canada Electric Lighting Equipment Market by Application, 2023 - 2030, USD Million
TABLE 138 Canada Electric Lighting Equipment Market by Application, 2019 - 2022, Million Units
TABLE 139 Canada Electric Lighting Equipment Market by Application, 2023 - 2030, Million Units
TABLE 140 Mexico Electric Lighting Equipment Market, 2019 - 2022, USD Million
TABLE 141 Mexico Electric Lighting Equipment Market, 2023 - 2030, USD Million
TABLE 142 Mexico Electric Lighting Equipment Market, 2019 - 2022, Million Units
TABLE 143 Mexico Electric Lighting Equipment Market, 2023 - 2030, Million Units
TABLE 144 Mexico Electric Lighting Equipment Market by Type, 2019 - 2022, USD Million
TABLE 145 Mexico Electric Lighting Equipment Market by Type, 2023 - 2030, USD Million
TABLE 146 Mexico Electric Lighting Equipment Market by Type, 2019 - 2022, Million Units
TABLE 147 Mexico Electric Lighting Equipment Market by Type, 2023 - 2030, Million Units
TABLE 148 Mexico Electric Lighting Equipment Market by Sales Channel, 2019 - 2022, USD Million
TABLE 149 Mexico Electric Lighting Equipment Market by Sales Channel, 2023 - 2030, USD Million
TABLE 150 Mexico Electric Lighting Equipment Market by Sales Channel, 2019 - 2022, Million Units
TABLE 151 Mexico Electric Lighting Equipment Market by Sales Channel, 2023 - 2030, Million Units
TABLE 152 Mexico Electric Lighting Equipment Market by Application, 2019 - 2022, USD Million
TABLE 153 Mexico Electric Lighting Equipment Market by Application, 2023 - 2030, USD Million
TABLE 154 Mexico Electric Lighting Equipment Market by Application, 2019 - 2022, Million Units
TABLE 155 Mexico Electric Lighting Equipment Market by Application, 2023 - 2030, Million Units
TABLE 156 Rest of North America Electric Lighting Equipment Market, 2019 - 2022, USD Million
TABLE 157 Rest of North America Electric Lighting Equipment Market, 2023 - 2030, USD Million
TABLE 158 Rest of North America Electric Lighting Equipment Market, 2019 - 2022, Million Units
TABLE 159 Rest of North America Electric Lighting Equipment Market, 2023 - 2030, Million Units
TABLE 160 Rest of North America Electric Lighting Equipment Market by Type, 2019 - 2022, USD Million
TABLE 161 Rest of North America Electric Lighting Equipment Market by Type, 2023 - 2030, USD Million
TABLE 162 Rest of North America Electric Lighting Equipment Market by Type, 2019 - 2022, Million Units
TABLE 163 Rest of North America Electric Lighting Equipment Market by Type, 2023 - 2030, Million Units
TABLE 164 Rest of North America Electric Lighting Equipment Market by Sales Channel, 2019 - 2022, USD Million
TABLE 165 Rest of North America Electric Lighting Equipment Market by Sales Channel, 2023 - 2030, USD Million
TABLE 166 Rest of North America Electric Lighting Equipment Market by Sales Channel, 2019 - 2022, Million Units
TABLE 167 Rest of North America Electric Lighting Equipment Market by Sales Channel, 2023 - 2030, Million Units
TABLE 168 Rest of North America Electric Lighting Equipment Market by Application, 2019 - 2022, USD Million
TABLE 169 Rest of North America Electric Lighting Equipment Market by Application, 2023 - 2030, USD Million
TABLE 170 Rest of North America Electric Lighting Equipment Market by Application, 2019 - 2022, Million Units
TABLE 171 Rest of North America Electric Lighting Equipment Market by Application, 2023 - 2030, Million Units
TABLE 172 Europe Electric Lighting Equipment Market, 2019 - 2022, USD Million
TABLE 173 Europe Electric Lighting Equipment Market, 2023 - 2030, USD Million
TABLE 174 Europe Electric Lighting Equipment Market, 2019 - 2022, Million Units
TABLE 175 Europe Electric Lighting Equipment Market, 2023 - 2030, Million Units
TABLE 176 Europe Electric Lighting Equipment Market by Type, 2019 - 2022, USD Million
TABLE 177 Europe Electric Lighting Equipment Market by Type, 2023 - 2030, USD Million
TABLE 178 Europe Electric Lighting Equipment Market by Type, 2019 - 2022, Million Units
TABLE 179 Europe Electric Lighting Equipment Market by Type, 2023 - 2030, Million Units
TABLE 180 Europe General Lighting Market by Country, 2019 - 2022, USD Million
TABLE 181 Europe General Lighting Market by Country, 2023 - 2030, USD Million
TABLE 182 Europe General Lighting Market by Country, 2019 - 2022, Million Units
TABLE 183 Europe General Lighting Market by Country, 2023 - 2030, Million Units
TABLE 184 Europe Automotive Lighting Market by Country, 2019 - 2022, USD Million
TABLE 185 Europe Automotive Lighting Market by Country, 2023 - 2030, USD Million
TABLE 186 Europe Automotive Lighting Market by Country, 2019 - 2022, Million Units
TABLE 187 Europe Automotive Lighting Market by Country, 2023 - 2030, Million Units
TABLE 188 Europe Back Lighting Market by Country, 2019 - 2022, USD Million
TABLE 189 Europe Back Lighting Market by Country, 2023 - 2030, USD Million
TABLE 190 Europe Back Lighting Market by Country, 2019 - 2022, Million Units
TABLE 191 Europe Back Lighting Market by Country, 2023 - 2030, Million Units
TABLE 192 Europe Electric Lighting Equipment Market by Sales Channel, 2019 - 2022, USD Million
TABLE 193 Europe Electric Lighting Equipment Market by Sales Channel, 2023 - 2030, USD Million
TABLE 194 Europe Electric Lighting Equipment Market by Sales Channel, 2019 - 2022, Million Units
TABLE 195 Europe Electric Lighting Equipment Market by Sales Channel, 2023 - 2030, Million Units
TABLE 196 Europe Offline Market by Country, 2019 - 2022, USD Million
TABLE 197 Europe Offline Market by Country, 2023 - 2030, USD Million
TABLE 198 Europe Offline Market by Country, 2019 - 2022, Million Units
TABLE 199 Europe Offline Market by Country, 2023 - 2030, Million Units
TABLE 200 Europe Online Market by Country, 2019 - 2022, USD Million
TABLE 201 Europe Online Market by Country, 2023 - 2030, USD Million
TABLE 202 Europe Online Market by Country, 2019 - 2022, Million Units
TABLE 203 Europe Online Market by Country, 2023 - 2030, Million Units
TABLE 204 Europe Electric Lighting Equipment Market by Application, 2019 - 2022, USD Million
TABLE 205 Europe Electric Lighting Equipment Market by Application, 2023 - 2030, USD Million
TABLE 206 Europe Electric Lighting Equipment Market by Application, 2019 - 2022, Million Units
TABLE 207 Europe Electric Lighting Equipment Market by Application, 2023 - 2030, Million Units
TABLE 208 Europe Residential Market by Country, 2019 - 2022, USD Million
TABLE 209 Europe Residential Market by Country, 2023 - 2030, USD Million
TABLE 210 Europe Residential Market by Country, 2019 - 2022, Million Units
TABLE 211 Europe Residential Market by Country, 2023 - 2030, Million Units
TABLE 212 Europe Commercial Market by Country, 2019 - 2022, USD Million
TABLE 213 Europe Commercial Market by Country, 2023 - 2030, USD Million
TABLE 214 Europe Commercial Market by Country, 2019 - 2022, Million Units
TABLE 215 Europe Commercial Market by Country, 2023 - 2030, Million Units
TABLE 216 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 217 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 218 Europe Others Market by Country, 2019 - 2022, Million Units
TABLE 219 Europe Others Market by Country, 2023 - 2030, Million Units
TABLE 220 Europe Electric Lighting Equipment Market by Country, 2019 - 2022, USD Million
TABLE 221 Europe Electric Lighting Equipment Market by Country, 2023 - 2030, USD Million
TABLE 222 Europe Electric Lighting Equipment Market by Country, 2019 - 2022, Million Units
TABLE 223 Europe Electric Lighting Equipment Market by Country, 2023 - 2030, Million Units

Global Electric Lighting Equipment Market Size, Share & Industry Trends Analysis Report By Type, By Sales Channel, By Application, By Regional Outlook and Forecast, 2023 - 2030