市場調查報告書
商品編碼
1403887
全球 LED 照明市場 - 預測(2023-2028)LED lighting Market - Forecast(2023 - 2028) |
2030年,全球LED照明市場規模預計將達到1,280億美元,2024-2030年預測期間複合年增長率為7.5%。商業、工業和住宅空間向節能照明的轉變以及智慧家庭的普及被分析為 LED 照明市場的主要驅動力。此外,與傳統照明相比,這些產品具有更長的使用壽命和耐用性,這在轉變客戶對這些產品的偏好方面也發揮關鍵作用。除此之外,預計 2024 年還將出現技術進步,例如採用基於 GaN 基板的 LED 照明,與傳統基於基板的 LED 照明相比,該照明具有出色的產品壽命、高能源效率和卓越的照度。分析稱,它將在2030年左右的市場成長中發揮重要的推動作用。
LED照明具有技術靈活、維護成本低、顏色多樣、長期耐用等優點。由於這些特性,LED 照明在各種應用中越來越受歡迎。例如,LED 燈泡的預期使用壽命通常為 50,000 小時,而螢光燈泡為 10,000 小時,白熾燈泡為 1,200 小時。此外,LED 燈的平均能耗比螢光燈低 50%,比白熾燈低 80%。LED照明在商業和住宅應用的日益普及得益於LED產品性能的提升。因此,全球LED照明市場正在不斷擴大。
LED 的價格已經下降,使其能夠廣泛應用於住宅、商業和工業應用。LED 價格的大幅下降是由於技術發展,提高了 LED 的使用壽命和運作效率,從而推動了 LED 照明市場的發展。此外,隨著節能照明系統的發展,照明應用的能源消耗預計將減少。例如,美國能源部保守估計,2020年美國照明能耗將下降15%,到2030年下降40-60%。
隨著越來越多的企業採用智慧照明解決方案,智慧照明已成為市場的顯著趨勢。這些照明解決方案可以偵測人體運動和附近的人數,並相應地改變照明。與 LED 結合使用時,這些智慧照明系統可節省約 30% 的電力。此外,許多國家的政府正在積極推廣智慧街道照明的使用,作為其正在進行的 "智慧城市" 計畫的一部分。
例如,在印度,納亞賴布爾(恰蒂斯加爾邦的新首府)採用了世界上最先進的可遠端監控的連網照明系統。例如,Signify NV 將於 2020 年 6 月註冊成立。Philips Hue 宣布推出新產品和升級產品以擴大其產品範圍。主要新產品包括Philips Hue White A21 燈泡、LED 吸頂燈、Philips Hue Lightstrip Plus、Philips Hue Bloom 檯燈和Philips Hue White Ambiance 室內燈具。2020 年 5 月,OSRAM Licht AG 推出了 Synios S 2222 系列燈,該系列燈非常適合電子設備照明、飛機和火車環境照明以及建築照明等多種應用。
該報告研究了全球 LED 照明市場,並提供了市場份額、驅動因素、細分市場、地區和主要參與者的分析。
The LED Lighting market size is forecast to reach USD 128 billion by 2030, after growing at a CAGR 7.5% during the forecast period 2024-2030. The shift towards energy efficient lighting across commercial, industrial & residential spaces along with the blooming adoption of smart homes are analyzed as the key factors driving the LED lighting market. Additionally, the higher longevity and durability of the products as compared to conventional lighting is also playing a key role in the shift of customer preference towards these products. Apart of this, technological advancements such as adoption of GaN substrate-based LED lights which features exceptional product life, higher energy efficiency and superior illumination compared to traditional substrate-based LED lights, is also analyzed to play a key role in driving the market growth during 2024-2030.
The report, "LED Lighting Market- Forecast (2024-2030)", by IndustryARC, covers an in-depth analysis of the following segments of LED lighting.
By Product Type: Lamps, Luminaries
By LED Type: Surface mounted device (SMD) LED, Chip on Board (COB LED), Others
By Application: Indoor, Outdoor
By End User: Automotive, Residential, Hospitals, Hospitality, Transport, Industrial, Commercial offices, Retail, Public Infrastructures, Others
By Geography: North America, South America, Europe, APAC, and RoW.
Lamps dominated the LED lighting market in 2023 with a share of 52% of the global market. LED lighting lamps produce light up to 90% more efficiently than incandescent light bulbs. Lamps find applications in automotive residential, hospitals, hospitality, and so on. With the growing expansions in the hospital sector, the demand for hospital lighting is set to grow significantly. In October 2020, Penn State Children's Hospital completed its $148 million expansion project in the US. Hella presented a comprehensive solution for intricate lighting systems in June 2019. The company's two business divisions Lighting and Electronics are working closely and have combined their product technologies into a flexible and modular product system. Headlight modules, electric control units, and sensors can be assembled according to the modular principle. These developments are analyzed to escalate the demand for LED lighting lamps during the forecast period 2024-2030.
COB LED occupied a dominant position in LED lighting in 2024 however, SMD LED is estimated to witness the highest growth of CAGR 8.2% during 2024-2030. SMD LEDs used in lighting tubes are known for their high energy efficiency. They consume significantly less energy compared to traditional lighting technologies, leading to lower electricity bills and reduced energy consumption. The potential impact of the widespread use of LED lighting on energy savings in the US is significant. The U.S. Department of Energy estimates that by 2035, LED technology will be used in the majority of lighting installations and that the yearly energy savings from LED lighting might reach 569 TWh, which is equivalent to the energy output of more than 92 1,000 MW power plants. According to the EIA, the percentage of homes that use LEDs as their primary source of lighting rose from 4% in 2015 to 47% in 2020.
The Indoor segment accounted for the largest share of 55% in the global LED lighting market in 2023. As stated by the International Agency, in 2019, LED sales reached a critical milestone, achieving a record number of sales of more than 10 billion units, including lamps such as bulbs, tubes, modules and so on and luminaires. The deployment of LEDs in homes and businesses is progressing, and sales of LEDs have surpassed those of fluorescent lamps. Adding to this, around 90% of lighting products are analyzed to be LED lighting by 2030. In May 2022, A new SMD downlight for indoor shops was unveiled by Syska LED. The Syska LED Recessed SMD Downlight is an excellent indoor lighting option that can be utilized in a variety of settings, including offices, showrooms, homes, malls, and stores.
The residential segment held the largest share of 58% of the global LED lighting market in 2023. Growing urbanization in developing nations like China, India, and Brazil is anticipated to propel the need for residential LED lighting in the approaching years due to rising income levels and shifting consumer preferences. Furthermore, driving the industry is the availability of attractive and reasonably priced lights. The central government of India plans to construct 20 million affordable homes in urban areas nationwide by 2022 as part of the massive Pradhan Mantri Awas Yojana (PMAY) scheme of the Union Ministry of Housing and Urban Affairs. This ambitious plan is expected to significantly boost the residential sector, according to IBEF. Based on updated data from the US Department of Home and Urban Development and the US Census Bureau, privately-owned home starts reached 1,769,000 in February 2022, 6.8% more than the revised estimate of 1,657,000 in January. Compared to 1,447,000 home starts in February 2021, there was a 22.3% rise in February 2022. Therefore, it is anticipated that the market for residential LED lighting will rise owing to the growing construction of new buildings.
The North American region is poised to hold a significant share of the LED lighting market and is estimated to witness steady growth of CAGR 6.5% during the forecast period 2024-2030. The U.S. is one of the largest producers of oil and natural gas in the world and is at the forefront of LED adoption in industries that are supported by the introduction of reforms such as the Energy Star program which is related to lighting applications to industry standards and test procedures. According to the US Department of Energy, the potential impact of widespread use of LED lighting on energy savings in the US is significant. It is projected that most lighting installations will be LED-powered by 2035, and the yearly energy savings from LED lighting might surpass 569 TWh, which is the equivalent of more than 92 power plants of output 1,000 MW. Stringent government regulations regarding automobiles and auto parts are regulated through the National Highway Traffic Safety Administration (NHTSA) and the U.S. Environmental Protection Agency (EPA). Such regulations are related to improving vehicle safety standards as well as reducing vehicle emissions. Such factors have been creating high deployments of electric vehicles in the country that use LED lights and in turn, boosting its market growth.
LED lighting has several advantages, including flexible technology, low maintenance, a variety of colors, long-term endurance, and more. As a result of these characteristics, LED lighting is becoming more popular in a variety of applications. For example, the typical estimated lifespan of an LED light bulb is 50,000 hours, compared to 10,000 hours and 1,200 hours for fluorescent and incandescent light bulbs, respectively. Furthermore, an average LED lamp uses 50% less energy than a fluorescent lamp and 80% less energy than an incandescent lamp. The increased popularity of LED lights in commercial and domestic applications is due to improved LED product performance. As a result, the worldwide LED lighting market is expanding.
LED prices have dropped, allowing them to be used in a wide range of applications, including residential, commercial, and industrial. This dramatic reduction in LED prices can be ascribed to technological developments, which have resulted in increased life expectancy and operating efficiency, propelling the LED lighting market. Furthermore, energy consumption in lighting applications is predicted to decrease with the development of energy-efficient lighting systems. The energy consumed by lighting in the United States, for example, is expected to decline by 15% by 2020 and by 40-60% by 2030, according to cautious estimates from the US Department of Energy.
With a rising number of businesses embracing smart lighting solutions, smart lighting has become a prominent trend in the market. These lighting solutions can detect people's movement and the number of people in the nearby area and alter the light accordingly. These smart lighting systems, when combined with LEDs, save roughly 30% on electricity. Furthermore, as part of ongoing "Smart City" programs, governments in a number of nations are aggressively promoting the use of smart street lighting.
In India, for example, Naya Raipur (the new capital of Chhattisgarh) has erected one of the world's most advanced linked lighting systems that can be remotely monitored. For Instance, Signify N.V. will be incorporated in June 2020. Philips Hue has announced the availability of new and upgraded items to expand its line. The Philips Hue White A21 bulb, LED spot-ceiling lights, Philips Hue Lightstrip Plus, Philips Hue Bloom table lamp, and Philips Hue White Ambiance indoor light fixture are among the new offerings. OSRAM Licht AG introduced the Synios S 2222 series of lights in May 2020, which is ideal for a wide range of applications including lighting for electronic devices, ambient lighting for planes and trains, and architectural lighting.
Unlike traditional light sources such as incandescent bulbs, LEDs lack efficient self-cooling mechanisms, necessitating additional heatsinks or cooling methods to prevent overheating. While materials with high thermal conductivity are commonly used to disperse heat, they come with a considerable cost and weight premium. Transportation and material expenses contribute to the overall price escalation of both light sources and their fixtures. Moreover, LED drivers are often designed as general-purpose circuitry, increasing the overall cost. The fluctuating cost of white light LEDs adds complexity, requiring designers to exercise caution when selecting LEDs for specific lighting applications.
In 2023, the top ten players in the LED lighting market accounted for 40% share of the global market. Major players in the LED lighting market are Signify N.V., Nichia Corp, ams Osram AG, Acuity Brands Inc, Cree Lighting, Hubbell Inc., Zumtobel Group, Lumileds, Advanced Lighting Technologies (ADLT), Panasonic Corp. and Others.
AMS OSRAM revealed the development of its ALIYOS™ LED-on-foil technology, which opens up all-new possibilities for design freedom and creativity in automotive lighting in September 2023.
A new Light Centre by Zumtobel Group opens its doors in 2023 at the esteemed Business Design Centre in Islington, London. The recently opened Light Centre will act as an alluring venue, presenting the business's most recent and cutting-edge lighting solutions and products, and providing clients with an exceptional chance to interact directly with the well-known Thorn and Zumtobel brands.
Toyoda Gosei Co., Ltd. created an LED light unit in April 2023 that uses shadow to display designs on car interiors. This item will be fitted to Toyota Motor's next Lexus RZ battery-electric car.
"*Financials would be provided on a best efforts basis for private companies"