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Report overview
The global Energy Efficient Lighting market was valued at US$ 5808.5 million in 2022 and is projected to reach US$ 9495.2 million by 2029, at a CAGR of 7.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Energy efficient lighting includes the use of more illumination from less power lights by replacing high power consumption lights like incandescent, high discharge lamps, etc.
This report aims to provide a comprehensive presentation of the global market for Energy Efficient 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 Energy Efficient Lighting. This report contains market size and forecasts of Energy Efficient Lighting in global, including the following market information:
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
High-Intensity Discharge Lamps (HID) Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Energy Efficient Lighting include Bajaj Electricals, Bridgelux, ABB (Cooper Industries), Cree, Digital Lumens, Eaton, GE Lighting, LIGMAN and Nichia, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Energy Efficient 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 Energy Efficient Lighting Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Energy Efficient Lighting Market Segment Percentages, by Type, 2022 (%)
Global Energy Efficient Lighting Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Energy Efficient Lighting Market Segment Percentages, by Application, 2022 (%)
Global Energy Efficient Lighting Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Energy Efficient Lighting Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Energy Efficient Lighting revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Energy Efficient Lighting revenues share in global market, 2022 (%)
Key companies Energy Efficient Lighting sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Energy Efficient Lighting sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: