全球 LED 照明市場:按產品類型、應用、安裝、銷售管道、地區分類 - 預測至 2029 年
市場調查報告書
商品編碼
1436834

全球 LED 照明市場:按產品類型、應用、安裝、銷售管道、地區分類 - 預測至 2029 年

LED Lighting Market by Product (Lamps, Luminaire), Application (Indoor, Outdoor), Installation (New, Retrofit), Sales Channel (Direct, retail, E-commerce) and Region (North America, Europe, APAC, Rest of the World) - Global Forecast to 2029

出版日期: | 出版商: MarketsandMarkets | 英文 265 Pages | 訂單完成後即時交付

價格
簡介目錄

LED照明市場規模預計將從2024年的789億美元增加至2029年的1,184億美元,2024年至2029年的複合年成長率為8.5%。

智慧照明系統使用量的增加、有利的政府措施和法規,以及由於對燈泡和照明燈具的需求增加而增加的研發投資,正在推動該市場需求的成長。

調查範圍
調查年份 2020-2029
基準年 2023年
預測期 2024-2029
考慮單位 金額(十億美元)
按細分市場 按產品類型、應用、安裝、銷售管道、地區
目標區域 北美、歐洲、亞太等地區

世界各國政府越來越認知到能源效率和永續性的重要性,從而製定了旨在鼓勵採用 LED 照明解決方案的支持性法規。這些監管措施的策略目的是鼓勵從傳統照明技術向更節能、更環保的替代技術過渡。

戶外市場預計在預測期內複合年成長率高達 10.8%。這一成長是由擴大採用節能戶外照明系統推動的,例如街道和道路照明、隧道照明、泛光燈、體育場館和體育設施。戶外計劃主要由政府機構資助,因此注重節能和成本效率。目前全球約有 3.17 億盞路燈正在運作,預計到 2027 年這一數字將增加至 3.63 億盞。

新安裝包括一整套先進的 LED 照明系統,包含最新的LED燈和燈具。採用新的 LED 照明燈具是一個簡單的過程,並且像任何其他照明技術一樣適合新的建築計劃。與涉及部分升級照明系統的改裝安裝相比,新安裝涉及完全更換傳統照明設備。因此,現有燈具及其相關控制設備和固定裝置將分階段拆除,並安裝LED燈及其相應控制設備裝置和固定裝置。將 LED 照明燈具與改裝燈具進行比較時,關鍵的差異在於成本。安裝 LED 照明燈具可能會更昂貴,因為它需要更換現有的照明基礎設施,並且僱用合格的電工還會產生額外費用。

照明燈具領域預計在預測期內複合年成長率高達 6.9%。這種成長是由於街道照明、隧道照明、泛光燈、體育場館和運動場館等戶外計劃擴大採用節能照明系統。此外,承包和計劃經理對 LED 照明燈具的優點(例如長壽命和顯著節能)的認知不斷提高,這有助於照明燈具領域的上升軌跡。

亞太地區預計將在整個預測期內引領 LED 照明市場,預計該地區的平均年成長率最高。亞太地區LED照明市場成長的關鍵促進因素是中國、印度、日本、澳洲和韓國等主要國家對LED照明解決方案的需求不斷成長。同時,包括東南亞國家在內的亞太地區開發中國家住宅、商業和工業領域的建設活動激增,是該地區LED照明市場成長的關鍵驅動力。

本報告檢視了全球 LED 照明市場,並按產品類型、應用、安裝、銷售管道、地區和參與市場的公司概況總結了趨勢。

目錄

第1章簡介

第2章調查方法

第3章執行摘要

第 4 章重要考察

第5章市場概況

  • 介紹
  • 市場動態
  • 價值鏈分析
  • 生態系分析
  • 投資金籌措場景
  • 波特五力分析
  • 價格分析
  • 貿易分析
  • LED照明市場收益變化及新收益來源
  • 案例研究分析
  • 重大會議及活動
  • 專利分析
  • 技術分析
  • 政府法規和標準
  • 監管狀況
  • 採購過程中的主要相關人員

第6章 LED 照明市場,依應用分類

  • 介紹
  • 室內的
  • 戶外

第7章 LED 照明市場(依產品類型)

  • 介紹
  • 照明設備

第 8 章 LED 照明市場(依安裝情況)

  • 介紹
  • 新的
  • 改造

第9章 LED照明流明

  • 介紹
  • 1,600 流明
  • 1,100 流明
  • 800流明
  • 450流明

第10章LED照明市場(依銷售管道)

  • 介紹
  • 零售批發
  • 直銷/合約基地
  • 電子商務

第11章 LED 照明市場(按地區)

  • 介紹
  • 美洲
  • 歐洲
  • 亞太地區
  • 其他地區

第12章競爭形勢

  • 介紹
  • 主要參與企業的策略/秘密
  • 市場佔有率分析
  • 主要企業收益分析
  • 公司評價及財務指標
  • 品牌/產品比較
  • 主要企業企業評價矩陣
  • Start-Ups/中小企業的企業評估矩陣
  • 競爭格局及趨勢

第13章 公司簡介

  • 主要參與企業
    • SIGNIFY HOLDING
    • ACUITY BRANDS, INC.
    • PANASONIC HOLDINGS CORPORATION
    • AMS-OSRAM AG
    • LG ELECTRONICS
    • CREE LIGHTING USA LLC
    • DIALIGHT
    • HUBBELL(PART OF GE CURRENT)
    • ZUMTOBEL GROUP
    • SAVANT SYSTEMS, INC.
  • 其他公司
    • CURRENT LIGHTING SOLUTIONS, LLC
    • SAMSUNG
    • SHARP CORPORATION
    • SITECO GMBH(GE)
    • HAVELLS INDIA LTD.
    • TRILUX GMBH & CO. KG
    • FAGERHULTS BELYSNING AB
    • SYSKA
    • GOGREENLED
    • FOREST LIGHTING
    • EVERLIGHT ELECTRONICS CO., LTD.
    • WIPRO LIGHTING
    • OPPLE LIGHTING CO., LTD.
    • NVC LIGHTING LTD.(SUBSIDIARY OF NVC INTERNATIONAL HOLDINGS)
    • SORAA

第14章附錄

簡介目錄
Product Code: SE 4912

The LED Lighting Market is projected to reach USD 118.4 billion by 2029 from USD 78.9 billion in 2024; it is expected to grow at a CAGR of 8.5% from 2024 to 2029. The increasing use of smart lighting systems, favorable government initiatives and regulations, along with growing investments in R&D due to rising demand for bulbs and luminaires to drive the demand for growth in this market.

Scope of the Report
Years Considered for the Study2020-2029
Base Year2023
Forecast Period2024-2029
Units ConsideredValue (USD Billion)
SegmentsBy Product, Application, Installation, Sales Channel and Region
Regions coveredNorth America, Europe, Asia Pacific, and Rest of the World

"Favorable government initiatives and regulations for energy efficient LED lighting solutions across the world to drive the growth of LED Lighting Market."

Governments globally are progressively acknowledging the significance of energy efficiency and sustainability, resulting in the enactment of supportive regulations aimed at encouraging the adoption of LED lighting solutions. These regulatory measures are strategically crafted to incentivize the shift from conventional lighting technologies to more energy-efficient and eco-friendly alternatives.

"The Outdoor segment is expected to grow at a higher CAGR during forecasted period."

The outdoor segment is anticipated to experience a higher CAGR of 10.8% throughout the forecast period. This growth is attributed to the rising deployment of energy-efficient lighting systems in outdoor initiatives such as street and road lighting, tunnel lighting, floodlighting, and stadiums and sports complexes. Given that outdoor projects are predominantly funded by government entities, there is a heightened focus on energy conservation and cost efficiency. Presently, approximately 317 million streetlights are operational globally, and this figure is projected to increase to 363 million by 2027, presenting substantial opportunities for the adoption of LED lighting solutions in outdoor applications.

"The new installation segment is expected hold the majority market share during the forecasted duration."

New installation involves the complete setup of advanced LED lighting systems, incorporating the latest LED lamps and luminaires. Integrating new LED light fixtures is a straightforward process, compatible with new construction projects similar to other lighting technologies. In contrast to retrofit installation, which entails a partial upgrade of lighting systems, new installation encompasses the full replacement of a traditional lighting setup. This entails the phased removal of the existing lamp, along with its associated controls and fixtures, making way for the installation of LED lamps and their corresponding controls and fixtures. When comparing LED lighting fixtures to retrofitting, a significant differentiator lies in the cost implications. The implementation of LED lighting fixtures can incur higher expenses due to the necessity of replacing the existing lighting infrastructure, leading to additional costs associated with hiring a qualified electrician.

"The market for the luminaires segment is expected to grow at a higher CAGR during the forecast period."

The luminaires segment is projected to experience a higher CAGR of 6.9% throughout the forecast period. This growth is attributed to the expanding deployment of energy-efficient lighting systems in outdoor projects such as street and road lighting, tunnel lighting, floodlighting, stadiums, and sports complexes. Moreover, the growing awareness among contractors and project managers about the advantages associated with LED luminaires, including extended lifespan and significant energy-saving potential, is contributing to the upward trajectory of the luminaires segment.

"Asia-Pacific region to hold largest market share in the LED Lighting Market in 2023."

Asia Pacific is poised to take the lead in the LED lighting market throughout the forecast period, with the region expected to exhibit the highest Compound Annual Growth Rate. The significant driver behind the growth of the LED lighting market in Asia Pacific is the escalating demand for LED lighting solutions in major economies such as China, India, Japan, Australia, and South Korea. Simultaneously, the surge in construction activities across residential, commercial, and industrial sectors in developing economies within Asia Pacific, including Southeast Asian countries, is a key catalyst for the growth of the LED lighting market in the region.

Breakdown of profiles of primary participants:

  • By Company Type: Tier 1 = 20%, Tier 2 = 45%, and Tier 3 = 35%
  • By Designation: C-level Executives = 35%, Directors = 25%, and Others = 40%
  • By Region: North America = 45%, Europe = 25%, Asia Pacific = 20%, and Rest of the World = 10%

Major players profiled in this report:

The LED Lighting Market is dominated by established players such as Signify Holding (Netherlands), Acuity Brands, Inc.(US), Cree Lighting USA LLC (US), ams-OSRAM AG (Austria), LG Electronics (South Korea), Dialight (UK), Panasonic Corporation (Japan), Hubbell (US), Zumtobel Group (Germany), and Savant Systems, Inc. (US).

Research coverage

This report offers detailed insights into the LED Lighting Market based on Product Type (Lamps and Luminaires), { by lamps (A-Type, T-Type, and Other Lamp Types (Type-B and Type-C LE Lamps)), By luminaires (downlighting, decorative lighting, directional lighting, and other luminaire types (Surface Mounted, In-ground and Pendant Luminaires)),} on Application (Indoor and Outdoor),{ (based on indoor (residential, commercial, industrial, and other indoor applications (government buildings and public spaces), By commercial (offices, ratail stores, horticulture gardens, and others )) based on Outdoor (streets and roadways, architectural buildings, sports complexes, and tunnels)}, based on Installation (new and retrofit), based on Sales Channel (retail/wholesale, direct sales, and E-commerce) and Region (North America, Europe, Asia Pacific, and Rest of the World)- Global Forecast to 2029

The report also comprehensively reviews maraket drivers, restraints, opportunities, and challenges in the LED Lighting Market. The report also covers qualitative aspects in addition to the quantitative aspects of these markets.

Reasons to buy the report:

The report will help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the LED Lighting Market's pulse and provides information on key market drivers, restraints, challenges, and opportunities. This report includes statistics pertaining to the LED Lighting Market based on product type, application, installation, sales channel, and region. Major drivers, restraints, opportunities, and challenges for the LED Lighting Market have been provided in detail in this report. The report includes illustrative segmentation, analysis, and forecast for the LED Lighting Market based on its segments.

The report provides insights on the following pointers:

Analysis of key drivers (Increasing utilization of smart lighting systems in several applications, Surging adoption of LED bulbs and luminaires to achieve goal of net-zero emissions by 2050, Rising demand for LED lighting systems in residential interior designing and home decorating applications, Ongoing release of new innovative LED products due to constant technological advances, LED lighting positively impacting human health & well-being, Favorable government initiatives and regulations for energy efficient LED lighting solutions across the world), restraints (High installation cost of larger projects, Short-to-medium-term impact on market due to US-China trade conflict and ongoing Russia-Ukraine war, and Functional problems associated with LED technology), opportunities (Government initiatives to reduce energy consumption and cut down GHG emissions from public electricity and heat production, Continuous decline in prices of LED chips and other components of lighting systems, Growing adoption of wireless LED lighting technology for outdoor applications, and Rising adoption of LED lighting in horticulture sector ) and challenges (Slow rate of adoption of LED technology in developing countries, Constant threat of data/security breach in IOT-based lighting systems, Lack of common open standards for LED lighting ).

Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the LED Lighting Market

Market Development: Comprehensive information about lucrative markets - the report analyses the LED Lighting Market across varied regions

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the LED Lighting Market

Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like Signify Holding (Netherlands), Acuity Brands, Inc.(US), Cree Lighting USA LLC (US), ams-OSRAM AG (Austria), LG Electronics (South Korea), Dialight (UK), Panasonic Corporation (Japan), Hubbell (US), Zumtobel Group (Germany), Savant Systems, Inc. (US).

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 STUDY OBJECTIVES
  • 1.2 MARKET DEFINITION
    • 1.2.1 INCLUSIONS & EXCLUSIONS
  • 1.3 STUDY SCOPE
    • 1.3.1 MARKETS COVERED
    • FIGURE 1 LED LIGHTING MARKET SEGMENTATION
    • 1.3.2 REGIONS COVERED
  • 1.4 YEARS CONSIDERED
  • 1.5 CURRENCY CONSIDERED
  • 1.6 UNIT CONSIDERED
  • 1.7 STAKEHOLDERS
  • 1.8 SUMMARY OF CHANGES
    • 1.8.1 IMPACT OF RECESSION

2 RESEARCH METHODOLOGY

  • 2.1 RESEARCH DATA
    • FIGURE 2 LED LIGHTING MARKET: RESEARCH DESIGN
    • 2.1.1 PRIMARY AND SECONDARY RESEARCH DATA
    • 2.1.2 SECONDARY DATA
      • 2.1.2.1 Key data from secondary sources
      • 2.1.2.2 List of key secondary sources
    • 2.1.3 PRIMARY DATA
      • 2.1.3.1 Key data from primary sources
      • 2.1.3.2 Key insights from industry experts
      • 2.1.3.3 Breakdown of primary interviews
      • 2.1.3.4 List of key primary interview participants
  • 2.2 MARKET SIZE ESTIMATION
    • 2.2.1 BOTTOM-UP APPROACH
    • FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
    • 2.2.2 TOP-DOWN APPROACH
    • FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
    • 2.2.3 GROWTH RATE AND FORECAST ASSUMPTIONS
  • 2.3 FACTOR ANALYSIS
    • 2.3.1 SUPPLY-SIDE ANALYSIS
    • FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE)-REVENUE GENERATED BY COMPANIES FROM PRODUCTS OFFERED IN LED LIGHTING MARKET
    • 2.3.2 DEMAND-SIDE ANALYSIS
    • FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (DEMAND SIDE) FOR LED LIGHTING MARKET
  • 2.4 DATA TRIANGULATION
    • FIGURE 7 DATA TRIANGULATION
  • 2.5 LIMITATIONS AND RISK ASSESSMENT
  • 2.6 IMPACT OF RECESSION
  • 2.7 RESEARCH ASSUMPTIONS

3 EXECUTIVE SUMMARY

    • FIGURE 8 LAMPS SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD
    • FIGURE 9 NEW INSTALLATIONS SEGMENT TO ACCOUNT FOR LARGER MARKET DURING FORECAST PERIOD
    • FIGURE 10 RETAIL/WHOLESALE SEGMENT TO ACCOUNT FOR LARGEST MARKET DURING FORECAST PERIOD
    • FIGURE 11 OUTDOOR SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
    • FIGURE 12 ASIA PACIFIC TO BE MOST LUCRATIVE MARKET DURING FORECAST PERIOD

4 PREMIUM INSIGHTS

  • 4.1 ATTRACTIVE OPPORTUNITIES FOR KEY PLAYERS IN LED LIGHTING MARKET
    • FIGURE 13 INCREASING ADOPTION OF LED LAMPS AS SUBSTITUTE FOR CONVENTIONAL LAMPS TO DRIVE GROWTH OF LED LIGHTING MARKET
  • 4.2 LED LIGHTING MARKET, BY PRODUCT TYPE
    • FIGURE 14 LAMPS SEGMENT TO ACCOUNT FOR LARGER MARKET DURING FORECAST PERIOD
  • 4.3 LED LIGHTING MARKET, BY INSTALLATION
    • FIGURE 15 NEW INSTALLATIONS SEGMENT TO CAPTURE LARGER MARKET DURING FORECAST PERIOD
  • 4.4 LED LIGHTING MARKET, BY LAMP TYPE
    • FIGURE 16 A-TYPE LAMPS SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
  • 4.5 LED LIGHTING MARKET, BY SALES CHANNEL
    • FIGURE 17 RETAIL/WHOLESALE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
  • 4.6 LED LIGHTING MARKET, BY INDOOR APPLICATION
    • FIGURE 18 RESIDENTIAL SEGMENT TO HOLD LARGEST MARKET DURING FORECAST PERIOD
  • 4.7 ASIA PACIFIC: LED LIGHTING MARKET, BY APPLICATION AND KEY COUNTRY
    • FIGURE 19 CHINA AND INDOOR SEGMENT TO ACCOUNT FOR SIGNIFICANT MARKET SHARES DURING FORECAST PERIOD
  • 4.8 LED LIGHTING MARKET: REGIONAL ANALYSIS
    • FIGURE 20 INDIA TO BE LUCRATIVE MARKET DURING FORECAST PERIOD

5 MARKET OVERVIEW

  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    • FIGURE 21 LED LIGHTING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
    • 5.2.1 DRIVERS
      • 5.2.1.1 Increasing use of smart lighting systems
      • 5.2.1.2 Global warming and need for energy consumption
    • FIGURE 22 GLOBAL LIGHTING PENETRATION TREND, 2012-2030
      • 5.2.1.3 Rising demand for LED lighting systems for residential interior designing and home decoration
      • 5.2.1.4 Growing investments in R&D due to rising demand for bulbs and luminaires
      • 5.2.1.5 LED lighting positively impacting human health and well-being
      • 5.2.1.6 Favorable government initiatives and regulations
    • FIGURE 23 LED LIGHTING MARKET DRIVERS: IMPACT ANALYSIS
    • 5.2.2 RESTRAINTS
      • 5.2.2.1 High installation cost of large projects
      • 5.2.2.2 US-China trade conflict and ongoing Russia-Ukraine war
      • 5.2.2.3 Functional problems associated with LED technology
    • FIGURE 24 LED LIGHTING MARKET RESTRAINTS: IMPACT ANALYSIS
    • 5.2.3 OPPORTUNITIES
      • 5.2.3.1 Government initiatives to achieve carbon neutrality
      • 5.2.3.2 Continuous decline in prices of LED chips and other components of lighting systems
      • 5.2.3.3 Growing adoption of wireless LED lighting technology for outdoor applications
      • 5.2.3.4 Rising adoption of LED lighting in horticulture
    • FIGURE 25 LED LIGHTING MARKET OPPORTUNITIES: IMPACT ANALYSIS
    • 5.2.4 CHALLENGES
      • 5.2.4.1 Slow rate of adoption of LED technology in emerging economies
      • 5.2.4.2 Threat of data/security breach in IoT-based lighting systems
      • 5.2.4.3 Lack of common open standards for LED lighting
    • FIGURE 26 LED LIGHTING MARKET CHALLENGES: IMPACT ANALYSIS
  • 5.3 VALUE CHAIN ANALYSIS
    • FIGURE 27 VALUE CHAIN ANALYSIS
  • 5.4 ECOSYSTEM ANALYSIS
    • FIGURE 28 MARKET ECOSYSTEM
    • TABLE 1 LED LIGHTING MARKET: ECOSYSTEM
  • 5.5 INVESTMENT AND FUNDING SCENARIO
    • FIGURE 29 FUNDING SCENARIO IN LED LIGHTING MARKET, 2018-2022
  • 5.6 PORTER'S FIVE FORCES ANALYSIS
    • TABLE 2 IMPACT OF PORTER'S FIVE FORCES ON LED LIGHTING MARKET
    • FIGURE 30 PORTER'S FIVE FORCES ANALYSIS
    • 5.6.1 INTENSITY OF COMPETITIVE RIVALRY
    • 5.6.2 THREAT OF NEW ENTRANTS
    • 5.6.3 THREAT OF SUBSTITUTES
    • 5.6.4 BARGAINING POWER OF BUYERS
    • 5.6.5 BARGAINING POWER OF SUPPLIERS
  • 5.7 PRICING ANALYSIS
    • FIGURE 31 AVERAGE SELLING PRICE FOR LED LAMPS (60 W EQUIVALENT), 2020-2023 (USD)
    • 5.7.1 AVERAGE SELLING PRICE TREND FOR KEY PLAYERS
    • FIGURE 32 AVERAGE SELLING PRICE TREND FOR KEY PLAYERS, BY PRODUCT TYPE (USD)
    • FIGURE 33 KEY PLAYERS' AVERAGE SELLING PRICE TREND FOR LED LAMPS (60 W EQUIVALENT), BY REGION, 2020-2023 (USD)
  • 5.8 TRADE ANALYSIS
    • TABLE 3 IMPORT VALUE FOR LAMPS AND LIGHTING FITTINGS, HS CODE: 9405, 2018-2022 (USD MILLION)
    • FIGURE 34 IMPORT VALUE OF LAMPS AND LIGHTING FIXTURES, BY COUNTRY, 2018-2022 (USD MILLION)
    • TABLE 4 EXPORT VALUE FOR LAMPS AND LIGHTING FIXTURES, HS CODE: 9405, 2018-2022 (USD MILLION)
    • FIGURE 35 EXPORT VALUE OF LAMPS AND LIGHTING FIXTURES, BY COUNTRY, 2018-2022, (USD MILLION)
  • 5.9 REVENUE SHIFT & NEW REVENUE POCKETS FOR LED LIGHTING MARKET
    • FIGURE 36 REVENUE SHIFT IN LED LIGHTING MARKET
  • 5.10 CASE STUDY ANALYSIS
    • 5.10.1 ULINE ADOPTED HIGHLY EFFICIENT KBL LUMINAIRE FROM CREE LIGHTING USA LLC TO ENHANCE PERFORMANCE LEVELS
    • 5.10.2 ATL HIRED BROOKS BERRY HAYNIE & ASSOCIATES TO MANAGE AND PERFORM LIGHTING CHANGEOVER FROM ADB AIRFIELD SOLUTIONS UNDER VERY TIGHT SCHEDULE
    • 5.10.3 FRANKLIN INSTITUTE IMPLEMENTED STOUCH LIGHTING'S NEW LIGHTING SYSTEM TO DECREASE ENERGY CONSUMPTION AND IMPROVE LIGHTING QUALITY
    • 5.10.4 WASHINGTON STATE DEPARTMENT OF ECOLOGY UPGRADED LED LIGHTING SYSTEM FROM CREE LIGHTING USA LLC TO REDUCE MAINTENANCE COSTS
    • 5.10.5 ST. LUKES PRIMARY SCHOOL, SKERTON, INSTALLED LED LIGHTING SYSTEMS FROM UK ENERGY WATCH TO REDUCE OPERATING COSTS
    • 5.10.6 PORT OF HOUSTON ADOPTED LED HIGH MAST LIGHTING FROM CONSTELLATION LIGHTING TO ENHANCE SAFETY AND OPERATIONAL EFFICIENCY
  • 5.11 KEY CONFERENCES & EVENTS
    • TABLE 5 LIST OF KEY CONFERENCES & EVENTS, 2024-2025
  • 5.12 PATENT ANALYSIS
    • TABLE 6 LIST OF KEY PATENTS IN LED LIGHTING MARKET, 2020-2023
    • FIGURE 37 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS
    • 5.12.1 PATENT TRENDS
    • FIGURE 38 PATENTS GRANTED ANNUALLY BETWEEN 2014 AND 2023
    • TABLE 7 PATENTS REGISTERED BY TOP 20 OWNERS IN LAST 10 YEARS
  • 5.13 TECHNOLOGY ANALYSIS
    • 5.13.1 LI-FI
    • 5.13.2 HUMAN-CENTRIC LIGHTING
    • 5.13.3 IOT LIGHTING
    • 5.13.4 NATURAL LIGHTING ROBOT
    • 5.13.5 QUANTUM DOT-ENABLED LED
  • 5.14 GOVERNMENT REGULATIONS AND STANDARDS
    • 5.14.1 GOVERNMENT REGULATIONS
    • 5.14.2 LED LIGHTING MARKET STANDARDS
      • 5.14.2.1 IEEE 1789-2015 modulation frequencies for Light-Emitting Diodes (LEDs)
      • 5.14.2.2 Energy Star - Developed by US Department of Energy (DOE) and US Environmental Protection Agency (EPA)
      • 5.14.2.3 NEMA - ANSI C78.51: Electric Lamps - LED (Light-emitting Diode) Lamps - Method of Designation
  • 5.15 REGULATORY LANDSCAPE
    • 5.15.1 NORTH AMERICA
      • 5.15.1.1 US
      • 5.15.1.2 Canada
      • 5.15.1.3 Mexico
    • 5.15.2 EUROPE
      • 5.15.2.1 Switzerland
      • 5.15.2.2 Germany
      • 5.15.2.3 France
    • 5.15.3 ASIA PACIFIC
      • 5.15.3.1 Japan
      • 5.15.3.2 China
      • 5.15.3.3 India
    • 5.15.4 REST OF THE WORLD
      • 5.15.4.1 UAE
      • 5.15.4.2 Saudi Arabia
  • 5.16 KEY STAKEHOLDERS IN BUYING PROCESS
    • FIGURE 39 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INDOOR APPLICATIONS
    • TABLE 8 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INDOOR APPLICATIONS
    • 5.16.1 BUYING CRITERIA
    • FIGURE 40 KEY BUYING CRITERIA FOR TOP THREE INDOOR APPLICATIONS

6 LED LIGHTING MARKET, BY APPLICATION

  • 6.1 INTRODUCTION
    • TABLE 9 LED LIGHTING MARKET, BY APPLICATION, 2020-2023 (USD BILLION)
    • FIGURE 41 OUTDOOR APPLICATION TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
    • TABLE 10 LED LIGHTING MARKET, BY APPLICATION, 2024-2029 (USD BILLION)
  • 6.2 INDOOR
    • TABLE 11 INDOOR: LED LIGHTING MARKET, BY TYPE, 2020-2023 (USD BILLION)
    • FIGURE 42 RESIDENTIAL SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
    • TABLE 12 INDOOR: LED LIGHTING MARKET, BY TYPE, 2024-2029 (USD BILLION)
    • TABLE 13 INDOOR: LED LIGHTING MARKET, BY REGION, 2020-2023 (USD BILLION)
    • TABLE 14 INDOOR: LED LIGHTING MARKET, BY REGION, 2024-2029 (USD BILLION)
    • 6.2.1 RESIDENTIAL
      • 6.2.1.1 Preference for comfortable lighting that consumes low power and adds to aesthetic
    • TABLE 15 RESIDENTIAL: LED LIGHTING MARKET, BY REGION, 2020-2023 (USD BILLION)
    • TABLE 16 RESIDENTIAL: LED LIGHTING MARKET, BY REGION, 2024-2029 (USD BILLION)
    • 6.2.2 COMMERCIAL
      • 6.2.2.1 Need for energy-efficient, operational-at-lower-temperatures, highly efficient, and low-maintenance lights to drive market
    • TABLE 17 COMMERCIAL: LED LIGHTING MARKET, BY TYPE, 2020-2023 (USD BILLION)
    • TABLE 18 COMMERCIAL: LED LIGHTING MARKET, BY TYPE, 2024-2029 (USD BILLION)
    • TABLE 19 COMMERCIAL: LED LIGHTING MARKET, BY REGION, 2020-2023 (USD BILLION)
    • TABLE 20 COMMERCIAL: LED LIGHTING MARKET, BY REGION, 2024-2029 (USD BILLION)
      • 6.2.2.2 Offices
        • 6.2.2.2.1 Recessed luminaires and downlighters to help increase productivity and proactivity
      • 6.2.2.3 Retail stores
        • 6.2.2.3.1 Need to attract and engage potential customers and promote attributes, values, and information related to merchandise to drive market
      • 6.2.2.4 Horticulture gardens
        • 6.2.2.4.1 LED lighting to reduce operational costs through energy savings and greater efficiency
      • 6.2.2.5 Other commercial applications
    • 6.2.3 INDUSTRIAL
      • 6.2.3.1 Controlled industrial lighting to help save expenses and conserve energy
    • TABLE 21 INDUSTRIAL: LED LIGHTING MARKET, BY REGION, 2020-2023 (USD BILLION)
    • TABLE 22 INDUSTRIAL: LED LIGHTING MARKET, BY REGION, 2024-2029 (USD BILLION)
    • 6.2.4 OTHER INDOOR APPLICATIONS
    • TABLE 23 OTHER INDOOR APPLICATIONS: LED LIGHTING MARKET, BY REGION, 2020-2023 (USD BILLION)
    • TABLE 24 OTHER INDOOR APPLICATIONS: LED LIGHTING MARKET, BY REGION, 2024-2029 (USD BILLION)
  • 6.3 OUTDOOR
    • TABLE 25 OUTDOOR: LED LIGHTING MARKET, BY TYPE, 2020-2023 (USD BILLION)
    • FIGURE 43 STREETS & ROADS SEGMENT TO ACCOUNT FOR LARGEST MARKET DURING FORECAST PERIOD
    • TABLE 26 OUTDOOR: LED LIGHTING MARKET, BY TYPE, 2024-2029 (USD BILLION)
    • TABLE 27 OUTDOOR: LED LIGHTING MARKET, BY REGION, 2020-2023 (USD BILLION)
    • TABLE 28 OUTDOOR: LED LIGHTING MARKET, BY REGION, 2024-2029 (USD BILLION)
    • 6.3.1 STREETS & ROADS
      • 6.3.1.1 Cost-effective and sustainable lighting to meet demand for scheduling, occupancy, and daylight harvesting requirements
    • 6.3.2 ARCHITECTURAL BUILDINGS
      • 6.3.2.1 LED lighting to help create shapes and effects to enhance beauty of building through controlled movement of lights
    • 6.3.3 SPORTS COMPLEXES
      • 6.3.3.1 LED lighting to offer wide beam angle and ensure optimal light coverage throughout stadiums
    • 6.3.4 TUNNELS
      • 6.3.4.1 LED lighting to help save energy, reduce costs, augment safety, and reduce accidents
    • 6.3.5 OTHER OUTDOOR APPLICATIONS

7 LED LIGHTING MARKET, BY PRODUCT TYPE

  • 7.1 INTRODUCTION
    • TABLE 29 LED LIGHTING MARKET, BY PRODUCT TYPE, 2020-2023 (USD BILLION)
    • FIGURE 44 LUMINAIRES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
    • TABLE 30 LED LIGHTING MARKET, BY PRODUCT TYPE, 2024-2029 (USD BILLION)
  • 7.2 LAMPS
    • TABLE 31 LAMPS: LED LIGHTING MARKET, BY TYPE, 2020-2023 (USD BILLION)
    • FIGURE 45 A-TYPE LAMPS SEGMENT TO ACCOUNT FOR LARGEST MARKET DURING FORECAST PERIOD
    • TABLE 32 LAMPS: LED LIGHTING MARKET, BY TYPE, 2024-2029 (USD BILLION)
    • TABLE 33 LAMPS: LED LIGHTING MARKET, BY REGION, 2020-2023 (USD BILLION)
    • TABLE 34 LAMPS: LED LIGHTING MARKET, BY REGION, 2024-2029 (USD BILLION)
    • 7.2.1 A-TYPE
      • 7.2.1.1 Ease of installation, availability in various wattages, and versatility to fuel demand for A-type LED lamps
    • 7.2.2 T-TYPE
      • 7.2.2.1 T-Type LED lamps to enhance commercial and industrial lighting with energy efficiency and extended lifespan
    • 7.2.3 OTHER LAMP TYPES
  • 7.3 LUMINAIRES
    • TABLE 35 LUMINAIRES: LED LIGHTING MARKET, BY LIGHTING TYPE, 2020-2023 (MILLION UNITS)
    • TABLE 36 LUMINAIRES: LED LIGHTING MARKET, BY LIGHTING TYPE, 2024-2029 (MILLION UNITS)
    • TABLE 37 LUMINAIRES: LED LIGHTING MARKET, BY TYPE, 2020-2023 (USD BILLION)
    • FIGURE 46 DECORATIVE LUMINAIRES SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
    • TABLE 38 LUMINAIRES: LED LIGHTING MARKET, BY TYPE, 2024-2029 (USD BILLION)
    • TABLE 39 LUMINAIRES: LED LIGHTING MARKET, BY REGION, 2020-2023 (USD BILLION)
    • TABLE 40 LUMINAIRES: LED LIGHTING MARKET, BY REGION, 2024-2029 (USD BILLION)
    • 7.3.1 DOWNLIGHTING
      • 7.3.1.1 Ability to consume less energy, provide instant illumination, and save energy to drive demand for downlighting
    • 7.3.2 DECORATIVE LIGHTING
      • 7.3.2.1 Decorative lighting to make commercial and retail spaces more appealing
    • 7.3.3 DIRECTIONAL LIGHTING
      • 7.3.3.1 Directional lighting to illuminate with precision and highlight architectural features
    • 7.3.4 OTHER LUMINAIRE TYPES

8 LED LIGHTING MARKET, BY INSTALLATION

  • 8.1 INTRODUCTION
    • TABLE 41 LED LIGHTING MARKET, BY INSTALLATION, 2020-2023 (USD BILLION)
    • FIGURE 47 NEW INSTALLED LED LIGHTS SEGMENT TO EXHIBIT HIGHER CAGR DURING FORECAST PERIOD
    • TABLE 42 LED LIGHTING MARKET, BY INSTALLATION, 2024-2029 (USD BILLION)
  • 8.2 NEW INSTALLATION
    • 8.2.1 NEWLY INSTALLED-LED LIGHTS' ADHERENCE TO LATEST REGULATIONS TO EMPHASIZE ENERGY EFFICIENCY AND SUSTAINABILITY
    • TABLE 43 NEW INSTALLATION: LED LIGHTING MARKET, BY REGION, 2020-2023 (USD BILLION)
    • TABLE 44 NEW INSTALLATION: LED LIGHTING MARKET, BY REGION, 2024-2029 (USD BILLION)
  • 8.3 RETROFIT
    • 8.3.1 RETROFIT LED INSTALLATIONS TO BECOME COST-EFFECTIVE AND SUSTAINABLE SOLUTIONS
    • TABLE 45 RETROFIT INSTALLATION: LED LIGHTING MARKET, BY REGION, 2020-2023 (USD BILLION)
    • TABLE 46 RETROFIT INSTALLATION: LED LIGHTING MARKET, BY REGION, 2024-2029 (USD BILLION)

9 LUMENS IN LED LIGHTING

  • 9.1 INTRODUCTION
  • 9.2 1,600 LUMENS
  • 9.3 1,100 LUMENS
  • 9.4 800 LUMENS
  • 9.5 450 LUMENS
    • TABLE 47 LUMENS AND WATTAGE COMPARISON TABLE 129 9.6 ADDITIONAL LED CLASSES
    • 9.6.1 LOW-POWER LED
    • 9.6.2 HIGH-POWER LED
    • TABLE 48 LED LIGHT MEASUREMENT ATTRIBUTES

10 LED LIGHTING MARKET, BY SALES CHANNEL

  • 10.1 INTRODUCTION
    • TABLE 49 LED LIGHTING MARKET, BY SALES CHANNEL, 2020-2023 (USD BILLION)
    • FIGURE 48 ECOMMERCE SEGMENT TO LEAD LED LIGHTING MARKET WITH HIGHEST CAGR DURING FORECAST PERIOD
    • TABLE 50 LED LIGHTING MARKET, BY SALES CHANNEL, 2024-2029 (USD BILLION)
  • 10.2 RETAIL/WHOLESALE
    • 10.2.1 RISING CONCERN ABOUT AFTER-SALES SERVICE TO BOOST DEMAND FOR RETAILERS/WHOLESALERS
    • TABLE 51 RETAIL/WHOLESALE: LED LIGHTING MARKET, BY REGION, 2020-2023 (USD BILLION)
    • TABLE 52 RETAIL/WHOLESALE: LED LIGHTING MARKET, BY REGION, 2024-2029 (USD BILLION)
  • 10.3 DIRECT SALES/CONTRACT-BASED
    • 10.3.1 NEED TO FULFIL CUSTOMERS' SPECIFIC NEEDS AND PROVIDE TAILORED SOLUTIONS AND COST EFFICIENCY TO DRIVE MARKET
    • TABLE 53 DIRECT SALES/CONTRACT-BASED: LED LIGHTING MARKET, BY REGION, 2020-2023 (USD BILLION)
    • TABLE 54 DIRECT SALES/CONTRACT-BASED: LED LIGHTING MARKET, BY REGION, 2024-2029 (USD BILLION)
  • 10.4 ECOMMERCE
    • 10.4.1 NEED FOR ECOMMERCE PLATFORMS FOR SEAMLESSLY DELIVERING LED LIGHTING SOLUTIONS AT CONSUMERS' DOORSTEPS
    • TABLE 55 ECOMMERCE: LED LIGHTING MARKET, BY REGION, 2020-2023 (USD BILLION)
    • TABLE 56 ECOMMERCE: LED LIGHTING MARKET, BY REGION, 2024-2029 (USD BILLION)

11 LED LIGHTING MARKET, BY REGION

  • 11.1 INTRODUCTION
    • FIGURE 49 LED LIGHTING MARKET: BY REGION
    • FIGURE 50 INDIA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
    • TABLE 57 LED LIGHTING MARKET, BY REGION, 2020-2023 (USD BILLION)
    • TABLE 58 LED LIGHTING MARKET, BY REGION, 2024-2029 (USD BILLION)
  • 11.2 AMERICAS
    • FIGURE 51 AMERICAS: SNAPSHOT OF LED LIGHTING MARKET
    • 11.2.1 AMERICAS: RECESSION IMPACT
    • TABLE 59 AMERICAS: LED LIGHTING MARKET, BY PRODUCT TYPE, 2020-2023 (USD BILLION)
    • TABLE 60 AMERICAS: LED LIGHTING MARKET, BY PRODUCT TYPE, 2024-2029 (USD BILLION)
    • TABLE 61 AMERICAS: LED LIGHTING MARKET, BY SALES CHANNEL, 2020-2023 (USD BILLION)
    • TABLE 62 AMERICAS: LED LIGHTING MARKET, BY SALES CHANNEL, 2024-2029 (USD BILLION)
    • TABLE 63 AMERICAS: LED LIGHTING MARKET, BY APPLICATION, 2020-2023 (USD BILLION)
    • TABLE 64 AMERICAS: LED LIGHTING MARKET, BY APPLICATION, 2024-2029 (USD BILLION)
    • TABLE 65 AMERICAS: LED LIGHTING MARKET, BY INSTALLATION, 2020-2023 (USD BILLION)
    • TABLE 66 AMERICAS: LED LIGHTING MARKET, BY INSTALLATION, 2024-2029 (USD BILLION)
    • TABLE 67 AMERICAS: LED LIGHTING MARKET, BY REGION, 2020-2023 (USD BILLION)
    • TABLE 68 AMERICAS: LED LIGHTING MARKET, BY REGION, 2024-2029 (USD BILLION)
    • 11.2.2 NORTH AMERICA
    • TABLE 69 NORTH AMERICA: LED LIGHTING MARKET, BY PRODUCT TYPE, 2020-2023 (USD BILLION)
    • TABLE 70 NORTH AMERICA: LED LIGHTING MARKET, BY PRODUCT TYPE, 2024-2029 (USD BILLION)
    • TABLE 71 NORTH AMERICA: LED LIGHTING MARKET, BY SALES CHANNEL, 2020-2023 (USD BILLION)
    • TABLE 72 NORTH AMERICA: LED LIGHTING MARKET, BY SALES CHANNEL, 2024-2029 (USD BILLION)
    • TABLE 73 NORTH AMERICA: LED LIGHTING MARKET, BY APPLICATION, 2020-2023 (USD BILLION)
    • TABLE 74 NORTH AMERICA: LED LIGHTING MARKET, BY APPLICATION, 2024-2029 (USD BILLION)
    • TABLE 75 NORTH AMERICA: LED LIGHTING MARKET, BY INSTALLATION, 2020-2023 (USD BILLION)
    • TABLE 76 NORTH AMERICA: LED LIGHTING MARKET, BY INSTALLATION, 2024-2029 (USD BILLION)
    • TABLE 77 NORTH AMERICA: LED LIGHTING MARKET, BY COUNTRY, 2020-2023 (USD BILLION)
    • TABLE 78 NORTH AMERICA: LED LIGHTING MARKET, BY COUNTRY, 2024-2029 (USD BILLION)
      • 11.2.2.1 US
        • 11.2.2.1.1 Economic stability and high investments in advanced LED technologies to accelerate adoption of LED lighting
      • 11.2.2.2 Canada
        • 11.2.2.2.1 Increasing awareness among consumers regarding benefits of energy-efficient systems to propel market
      • 11.2.2.3 Mexico
        • 11.2.2.3.1 Increase in adoption of automation solutions across diverse industries to boost market
    • 11.2.3 SOUTH AMERICA
    • TABLE 79 SOUTH AMERICA: LED LIGHTING MARKET, BY PRODUCT TYPE, 2020-2023 (USD BILLION)
    • TABLE 80 SOUTH AMERICA: LED LIGHTING MARKET, BY PRODUCT TYPE, 2024-2029 (USD BILLION)
    • TABLE 81 SOUTH AMERICA: LED LIGHTING MARKET, BY SALES CHANNEL, 2020-2023 (USD BILLION)
    • TABLE 82 SOUTH AMERICA: LED LIGHTING MARKET, BY SALES CHANNEL, 2024-2029 (USD BILLION)
    • TABLE 83 SOUTH AMERICA: LED LIGHTING MARKET, BY APPLICATION, 2020-2023 (USD BILLION)
    • TABLE 84 SOUTH AMERICA: LED LIGHTING MARKET, BY APPLICATION, 2024-2029 (USD BILLION)
    • TABLE 85 SOUTH AMERICA: LED LIGHTING MARKET, BY INSTALLATION, 2020-2023 (USD BILLION)
    • TABLE 86 SOUTH AMERICA: LED LIGHTING MARKET, BY INSTALLATION, 2024-2029 (USD BILLION)
    • TABLE 87 SOUTH AMERICA: LED LIGHTING MARKET, BY COUNTRY, 2020-2023 (USD BILLION)
    • TABLE 88 SOUTH AMERICA: LED LIGHTING MARKET, BY COUNTRY, 2024-2029 (USD BILLION)
      • 11.2.3.1 Brazil
        • 11.2.3.1.1 High demand for energy-efficient solutions and robust presence of airports to drive market
      • 11.2.3.2 Argentina
        • 11.2.3.2.1 Government's energy conservation initiatives to drive market
      • 11.2.3.3 Rest of South America
  • 11.3 EUROPE
    • FIGURE 52 EUROPE: SNAPSHOT OF LED LIGHTING MARKET
    • 11.3.1 EUROPE: RECESSION IMPACT
    • TABLE 89 EUROPE: LED LIGHTING MARKET, BY PRODUCT TYPE, 2020-2023 (USD BILLION)
    • TABLE 90 EUROPE: LED LIGHTING MARKET, BY PRODUCT TYPE, 2024-2029 (USD BILLION)
    • TABLE 91 EUROPE: LED LIGHTING MARKET, BY SALES CHANNEL, 2020-2023 (USD BILLION)
    • TABLE 92 EUROPE: LED LIGHTING MARKET, BY SALES CHANNEL, 2024-2029 (USD BILLION)
    • TABLE 93 EUROPE: LED LIGHTING MARKET, BY APPLICATION, 2020-2023 (USD BILLION)
    • TABLE 94 EUROPE: LED LIGHTING MARKET, BY APPLICATION, 2024-2029 (USD BILLION)
    • TABLE 95 EUROPE: LED LIGHTING MARKET, BY INSTALLATION, 2020-2023 (USD BILLION)
    • TABLE 96 EUROPE: LED LIGHTING MARKET, BY INSTALLATION, 2024-2029 (USD BILLION)
    • TABLE 97 EUROPE: LED LIGHTING MARKET, BY COUNTRY, 2020-2023 (USD BILLION)
    • TABLE 98 EUROPE: LED LIGHTING MARKET, BY COUNTRY, 2024-2029 (USD BILLION)
    • 11.3.2 UK
      • 11.3.2.1 Rising environmental consciousness and legislation related to energy efficiency to propel market
    • 11.3.3 GERMANY
      • 11.3.3.1 Growing prevalence of smart homes and robust economy to create growth opportunities
    • 11.3.4 FRANCE
      • 11.3.4.1 Increasing investments in infrastructure sector to create growth opportunities for LED lighting providers
    • 11.3.5 ITALY
      • 11.3.5.1 Government initiatives promoting improved design and management of lighting systems to drive market
    • 11.3.6 SPAIN
      • 11.3.6.1 Government's focus on reducing greenhouse emissions to fuel market growth
    • 11.3.7 REST OF EUROPE
  • 11.4 ASIA PACIFIC
    • FIGURE 53 ASIA PACIFIC: SNAPSHOT OF LED LIGHTING MARKET
    • 11.4.1 ASIA PACIFIC: RECESSION IMPACT
    • TABLE 99 ASIA PACIFIC: LED LIGHTING MARKET, BY PRODUCT TYPE, 2020-2023 (USD BILLION)
    • TABLE 100 ASIA PACIFIC: LED LIGHTING MARKET, BY PRODUCT TYPE, 2024-2029 (USD BILLION)
    • TABLE 101 ASIA PACIFIC: LED LIGHTING MARKET, BY SALES CHANNEL, 2020-2023 (USD BILLION)
    • TABLE 102 ASIA PACIFIC: LED LIGHTING MARKET, BY SALES CHANNEL, 2024-2029 (USD BILLION)
    • TABLE 103 ASIA PACIFIC: LED LIGHTING MARKET, BY APPLICATION, 2020-2023 (USD BILLION)
    • TABLE 104 ASIA PACIFIC: LED LIGHTING MARKET, BY APPLICATION, 2024-2029 (USD BILLION)
    • TABLE 105 ASIA PACIFIC: LED LIGHTING MARKET, BY INSTALLATION, 2020-2023 (USD BILLION)
    • TABLE 106 ASIA PACIFIC: LED LIGHTING MARKET, BY INSTALLATION, 2024-2029 (USD BILLION)
    • TABLE 107 ASIA PACIFIC: LED LIGHTING MARKET, BY COUNTRY, 2020-2023 (USD BILLION)
    • TABLE 108 ASIA PACIFIC: LED LIGHTING MARKET, BY COUNTRY, 2024-2029 (USD BILLION)
    • 11.4.2 CHINA
      • 11.4.2.1 Growing economy and increasing implementation of sensors in industrial applications to propel market
    • 11.4.3 JAPAN
      • 11.4.3.1 Infrastructural developments to accelerate market growth
    • 11.4.4 INDIA
      • 11.4.4.1 Government-run smart city projects to boost demand for LED lighting and control solutions
    • 11.4.5 AUSTRALIA
      • 11.4.5.1 High penetration rate of LED lighting systems in major cities to foster market growth
    • 11.4.6 SOUTH KOREA
      • 11.4.6.1 Presence of major LED lighting manufacturers to support market growth
    • 11.4.7 REST OF ASIA PACIFIC
  • 11.5 REST OF THE WORLD (ROW)
    • 11.5.1 ROW: RECESSION IMPACT
    • TABLE 109 ROW: LED LIGHTING MARKET, BY PRODUCT TYPE, 2020-2023 (USD BILLION)
    • TABLE 110 ROW: LED LIGHTING MARKET, BY PRODUCT TYPE, 2024-2029 (USD BILLION)
    • TABLE 111 ROW: LED LIGHTING MARKET, BY SALES CHANNEL, 2020-2023 (USD BILLION)
    • TABLE 112 ROW: LED LIGHTING MARKET, BY SALES CHANNEL, 2024-2029 (USD BILLION)
    • TABLE 113 ROW: LED LIGHTING MARKET, BY APPLICATION, 2020-2023 (USD BILLION)
    • TABLE 114 ROW: LED LIGHTING MARKET, BY APPLICATION, 2024-2029 (USD BILLION)
    • TABLE 115 ROW: LED LIGHTING MARKET, BY INSTALLATION, 2020-2023 (USD BILLION)
    • TABLE 116 ROW: LED LIGHTING MARKET, BY INSTALLATION, 2024-2029 (USD BILLION)
    • TABLE 117 ROW: LED LIGHTING MARKET, BY SUBREGION, 2020-2023 (USD BILLION)
    • TABLE 118 ROW: LED LIGHTING MARKET, BY SUBREGION, 2024-2029 (USD BILLION)
    • 11.5.2 MIDDLE EAST
      • 11.5.2.1 Eco-friendly green building regulations and streetlight retrofitting programs to spur market growth
      • 11.5.2.2 GCC Countries
      • 11.5.2.3 Rest of Middle East
    • TABLE 119 MIDDLE EAST: LED LIGHTING MARKET, BY SUBREGION, 2020-2023 (USD BILLION)
    • TABLE 120 MIDDLE EAST: LED LIGHTING MARKET, BY SUBREGION, 2024-2029 (USD BILLION)
    • 11.5.3 AFRICA
      • 11.5.3.1 Ongoing urbanization to significantly boost demand for LED lighting solutions

12 COMPETITIVE LANDSCAPE

  • 12.1 INTRODUCTION
  • 12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
    • TABLE 121 OVERVIEW OF STRATEGIES DEPLOYED BY KEY PLAYERS IN LED LIGHTING MARKET
    • 12.2.1 PRODUCT PORTFOLIO
    • 12.2.2 REGIONAL FOCUS
    • 12.2.3 MANUFACTURING FOOTPRINT
    • 12.2.4 ORGANIC/INORGANIC GROWTH STRATEGIES
  • 12.3 MARKET SHARE ANALYSIS
    • TABLE 122 LED LIGHTING MARKET: DEGREE OF COMPETITION (FRAGMENTED)
  • 12.4 REVENUE ANALYSIS OF KEY PLAYERS
    • FIGURE 54 REVENUE ANALYSIS OF KEY PLAYERS IN LED LIGHTING MARKET, 2018-2022
  • 12.5 COMPANY VALUATION AND FINANCIAL METRICS
    • FIGURE 55 COMPANY VALUATION, 2022 (USD BILLION)
    • FIGURE 56 FINANCIAL METRICS (EV/EBITDA), 2022
  • 12.6 BRAND/PRODUCT COMPARISON
    • FIGURE 57 BRAND/PRODUCT COMPARISON
  • 12.7 COMPANY EVALUATION MATRIX FOR KEY PLAYERS
    • 12.7.1 STARS
    • 12.7.2 PERVASIVE PLAYERS
    • 12.7.3 EMERGING LEADERS
    • 12.7.4 PARTICIPANTS
    • FIGURE 58 LED LIGHTING MARKET: COMPANY EVALUATION MATRIX FOR KEY PLAYERS, 2023
    • 12.7.5 COMPANY FOOTPRINT
    • TABLE 123 OVERALL COMPANY FOOTPRINT
    • TABLE 124 COMPANY PRODUCT TYPE FOOTPRINT
    • TABLE 125 COMPANY APPLICATION FOOTPRINT
    • TABLE 126 COMPANY REGIONAL FOOTPRINT
  • 12.8 COMPANY EVALUATION MATRIX FOR START-UPS/SMES
    • 12.8.1 PROGRESSIVE COMPANIES
    • 12.8.2 RESPONSIVE COMPANIES
    • 12.8.3 DYNAMIC COMPANIES
    • 12.8.4 STARTING BLOCKS
    • FIGURE 59 LED LIGHTING MARKET: COMPANY EVALUATION MATRIX FOR START-UPS/SMES, 2023
    • 12.8.5 COMPETITIVE BENCHMARKING
    • TABLE 127 LIST OF START-UPS/SMES
    • TABLE 128 COMPETITIVE BENCHMARKING OF OTHER PLAYERS (START-UPS/SMES)
    • TABLE 129 KEY START-UPS IN LED LIGHTING MARKET
  • 12.9 COMPETITIVE SCENARIO AND TRENDS
    • 12.9.1 PRODUCT LAUNCHES & DEVELOPMENTS
    • TABLE 130 LED LIGHTING MARKET: PRODUCT LAUNCHES & DEVELOPMENTS, MARCH 2020-DECEMBER 2023
    • 12.9.2 DEALS
    • TABLE 131 LED LIGHTING MARKET: DEALS, OCTOBER 2020-SEPTEMBER 2023
    • 12.9.3 OTHERS
    • TABLE 132 LED LIGHTING MARKET: OTHERS, FEBRUARY 2020-AUGUST 2023

13 COMPANY PROFILES

  • (Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))**
  • 13.1 KEY PLAYERS
    • 13.1.1 SIGNIFY HOLDING
    • TABLE 133 SIGNIFY HOLDING: BUSINESS OVERVIEW
    • FIGURE 60 SIGNIFY HOLDING: COMPANY SNAPSHOT
    • TABLE 134 SIGNIFY HOLDING: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 135 SIGNIFY HOLDING: PRODUCT LAUNCHES
    • TABLE 136 SIGNIFY HOLDING: DEALS
    • TABLE 137 SIGNIFY HOLDING: OTHERS
    • 13.1.2 ACUITY BRANDS, INC.
    • TABLE 138 ACUITY BRANDS, INC.: BUSINESS OVERVIEW
    • FIGURE 61 ACUITY BRANDS, INC.: COMPANY SNAPSHOT
    • TABLE 139 ACUITY BRANDS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 140 ACUITY BRANDS, INC.: PRODUCT LAUNCHES
    • TABLE 141 ACUITY BRANDS, INC.: DEALS
    • 13.1.3 PANASONIC HOLDINGS CORPORATION
    • TABLE 142 PANASONIC HOLDINGS CORPORATION: BUSINESS OVERVIEW
    • FIGURE 62 PANASONIC HOLDINGS CORPORATION: COMPANY SNAPSHOT
    • TABLE 143 PANASONIC HOLDINGS CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 144 PANASONIC HOLDINGS CORPORATION: PRODUCT LAUNCHES
    • TABLE 145 PANASONIC HOLDINGS CORPORATION: DEALS
    • TABLE 146 PANASONIC HOLDINGS CORPORATION: OTHERS
    • 13.1.4 AMS-OSRAM AG
    • TABLE 147 AMS-OSRAM AG: BUSINESS OVERVIEW
    • FIGURE 63 AMS-OSRAM AG: COMPANY SNAPSHOT
    • TABLE 148 AMS-OSRAM AG: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 149 AMS-OSRAM AG: PRODUCT LAUNCHES
    • TABLE 150 AMS-OSRAM AG: DEALS
    • 13.1.5 LG ELECTRONICS
    • TABLE 151 LG ELECTRONICS: BUSINESS OVERVIEW
    • FIGURE 64 LG ELECTRONICS: COMPANY SNAPSHOT
    • TABLE 152 LG ELECTRONICS: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 153 LG ELECTRONICS: PRODUCT LAUNCHES
    • TABLE 154 LG ELECTRONICS: DEALS
    • 13.1.6 CREE LIGHTING USA LLC
    • TABLE 155 CREE LIGHTING USA LLC: BUSINESS OVERVIEW
    • TABLE 156 CREE LIGHTING USA LLC: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 157 CREE LIGHTING USA LLC: PRODUCT LAUNCHES
    • TABLE 158 CREE LIGHTING USA LLC: DEALS
    • 13.1.7 DIALIGHT
    • TABLE 159 DIALIGHT: BUSINESS OVERVIEW
    • FIGURE 65 DIALIGHT: COMPANY SNAPSHOT
    • TABLE 160 DIALIGHT: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 161 DIALIGHT: PRODUCT LAUNCHES
    • 13.1.8 HUBBELL (PART OF GE CURRENT)
    • TABLE 162 HUBBELL: BUSINESS OVERVIEW
    • FIGURE 66 HUBBELL: COMPANY SNAPSHOT
    • TABLE 163 HUBBELL: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 164 HUBBELL: DEALS
    • 13.1.9 ZUMTOBEL GROUP
    • TABLE 165 ZUMTOBEL GROUP: BUSINESS OVERVIEW
    • FIGURE 67 ZUMTOBEL GROUP: COMPANY SNAPSHOT
    • TABLE 166 ZUMTOBEL GROUP: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 167 ZUMTOBEL GROUP: PRODUCT LAUNCHES
    • 13.1.10 SAVANT SYSTEMS, INC.
    • TABLE 168 SAVANT SYSTEMS, INC.: BUSINESS OVERVIEW
    • TABLE 169 SAVANT SYSTEMS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 170 SAVANT SYSTEMS, INC.: PRODUCT LAUNCHES
    • TABLE 171 SAVANT SYSTEMS, INC.: DEALS
  • 13.2 OTHER COMPANIES
    • 13.2.1 CURRENT LIGHTING SOLUTIONS, LLC
    • 13.2.2 SAMSUNG
    • 13.2.3 SHARP CORPORATION
    • 13.2.4 SITECO GMBH (GE)
    • 13.2.5 HAVELLS INDIA LTD.
    • 13.2.6 TRILUX GMBH & CO. KG
    • 13.2.7 FAGERHULTS BELYSNING AB
    • 13.2.8 SYSKA
    • 13.2.9 GOGREENLED
    • 13.2.10 FOREST LIGHTING
    • 13.2.11 EVERLIGHT ELECTRONICS CO., LTD.
    • 13.2.12 WIPRO LIGHTING
    • 13.2.13 OPPLE LIGHTING CO., LTD.
    • 13.2.14 NVC LIGHTING LTD. (SUBSIDIARY OF NVC INTERNATIONAL HOLDINGS)
    • 13.2.15 SORAA
  • *Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.

14 APPENDIX

  • 14.1 DISCUSSION GUIDE
  • 14.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
  • 14.3 CUSTOMIZATION OPTIONS
  • 14.4 RELATED REPORTS
  • 14.5 AUTHOR DETAILS