Report overview
LED lighting, also known as solid-state lighting, is a semiconductor-based lighting technology. Light Emitting Diode (LED) is a solid-state semiconductor device, which can convert electricity directly into light.
This report aims to provide a comprehensive presentation of the global market for LED Lighting, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding LED Lighting. This report contains market size and forecasts of LED Lighting in global, including the following market information:
Global LED Lighting Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global LED Lighting Market Sales, 2018-2023, 2024-2029, (M Units)
Global top five LED Lighting companies in 2022 (%)
The global LED Lighting market was valued at US$ 33130 million in 2022 and is projected to reach US$ 46550 million by 2029, at a CAGR of 5.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global LED Lighting key players include Osram, Philips, GE Lighting, etc. Global top three manufacturers hold a share about 25%.
China is the largest market, with a share about 30%, followed by North America and Europe, both have a share about 45 percent.
In terms of product, Bulbs is the largest segment, with a share about 30%. And in terms of application, the largest application is Residential, followed by Office.
We surveyed the LED Lighting manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global LED Lighting Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global LED Lighting Market Segment Percentages, by Type, 2022 (%)
Spot Light
Led Luminaires
Street light
Bulbs
FL tube
Global LED Lighting Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global LED Lighting Market Segment Percentages, by Application, 2022 (%)
Residential
Office
Industrial
Shop
Hospitality
Others
Global LED Lighting Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global LED Lighting Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies LED Lighting revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies LED Lighting revenues share in global market, 2022 (%)
Key companies LED Lighting sales in global market, 2018-2023 (Estimated), (M Units)
Key companies LED Lighting sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Philips Lighting
Osram
GE Lighting
Eaton Cooper
Cree
Acuity Brands
Hubbell
Lighting Science
Feit Electric
Soraa
Samsung LED
Outline of Major Chapters:
Chapter 1: Introduces the definition of LED Lighting, market overview.
Chapter 2: Global LED Lighting market size in revenue and volume.
Chapter 3: Detailed analysis of LED Lighting manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of LED Lighting in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global LED Lighting capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
