The interior lighting market size has grown strongly in recent years. It will grow from $77.37 billion in 2024 to $82.3 billion in 2025 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to rapidly urbanizing and developing infrastructure, high need for energy-efficient lighting systems, supportive government regulations, high usage of smart lighting systems, and the rise of e-commerce and online distribution channels.
The interior lighting market size is expected to see strong growth in the next few years. It will grow to $104.31 billion in 2029 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to the shift towards home improvement and redesign, the adoption of smart home technologies, the demand for energy efficiency, the integration of smart home and IoT, usage of decorative lamps in the residential sector. Major trends in the forecast period include advanced lighting technologies, smart lighting innovations, energy efficiency and sustainability, integration of smart lighting, shift towards circadian lighting.
The growing number of smart homes in developing countries is expected to drive the expansion of the interior lighting market. Smart homes are residences that feature internet-connected devices, enabling remote control and automation of systems such as lighting, heating, security, and entertainment. The rise of smart homes in developing nations is fueled by increasing disposable incomes, greater access to technology, and a higher demand for convenience and energy efficiency. Interior lighting plays a key role in shaping the ambiance, functionality, and aesthetics of indoor spaces, which in turn encourages the integration of smart technologies to enhance energy efficiency, convenience, and customization in modern homes. For example, in May 2024, Netguru S.A., a Poland-based software development company, reported that the number of U.S. households with smart home devices reached 63.43 million in 2023, representing a 10.2% increase from the previous year. Consequently, the growing number of smart homes in developing countries is expected to drive the demand for interior lighting.
Prominent companies operating within the interior lighting market are concentrating on the development of innovative offerings, such as ambient lighting, to gain a competitive advantage in the industry. Ambient lighting presents homeowners with a convenient and versatile solution to enrich their living spaces, fostering a more personalized and enjoyable environment. For instance, in June 2022, Topaz Lighting Corp., a US-based lighting company, introduced a customizable red, green, and blue (RGB) ambient lighting home décor. This groundbreaking product incorporates a smart lighting system engineered to enhance the ambiance of any space, tailor lighting to match any mood, and elevate the entertainment experience with over 16 million colors, 12 dynamic effects, seven pre-set scenes, and various rhythms synchronized with music, games, and movies.
In February 2022, GE Current, a US-based lighting enterprise, acquired Hubbell's commercial and industrial lighting division for an undisclosed sum. This acquisition by GE Current enables the provision of an extensive range of indoor and outdoor lighting products, bolstering the distribution network and digital tools to better address customer requirements with heightened efficiency. Hubbell is a US-based commercial and industrial lighting entity.
Major companies operating in the interior lighting market are Samsung Electronics Co. Ltd., Panasonic Corporation, Eaton Corporation Plc, Koninklijke Philips N.V., Stanley Black & Decker Inc., Signify Holding B.V., Osram Licht AG, Hubbell Inc., Acuity Brands Inc., Hafele Gmbh & Co., Havells India Ltd., Zumtobel Group AG, Cree Lighting USA LLC, Lutron Electronics Co. Inc., Thorn Lighting Ltd., GE Lighting, Kichler Lighting LLC, Tech Lighting LLC, Craftmade International Inc., WAC Lighting, Quoizel Inc., Hinkley Lighting Inc., Sea Gull Lighting, Maxim Lighting International Inc., Lighting New York, Csl Lighting Inc., Murray Feiss Light.
Asia-Pacific was the largest region in the interior lighting market in 2024. The regions covered in the interior lighting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the interior lighting market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Interior lighting involves the use of artificial illumination within buildings to improve visibility, set the mood, and meet functional needs. It includes various lighting fixtures and systems strategically placed throughout interior spaces to provide sufficient light for different activities, tasks, and aesthetic purposes.
The main types of interior lighting are general lighting, ambient lighting, task lighting, mood lighting, and accent lighting. General lighting serves as the primary illumination in a space, offering uniform light for overall visibility and functionality. The lighting effects include downlighting, uplighting, wall washing, wall grazing, spotlighting, and perimeter lighting, among others, for applications such as residential, commercial, and more.
The interior lighting research report is one of a series of new reports that provides interior lighting market statistics, including the interior lighting industry's global market size, regional shares, competitors with an interior lighting market share, detailed interior lighting market segments, market trends and opportunities, and any further data you may need to thrive in the interior lighting industry. This interior lighting market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The interior lighting market consists of sales of lighting fixtures, bulbs, recessed lighting, and wall sconces. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Interior Lighting Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on interior lighting market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for interior lighting ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The interior lighting market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include: the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: General Lighting; Ambient Lighting; Task Lighting; Mood Lighting; Accent Lighting2) By Lighting Effect: Downlighting; Uplighting; Wall Washing; Wall Grazing; Spotlighting; Perimeter Lighting; Other Lighting Effects
3) By End Use: Residential; Commercial; Other End-Uses
Subsegments:
1) By General Lighting: Ceiling Lights; Downlights; LED Panels; Fluorescent Lights2) By Ambient Lighting: Recessed Lighting; Chandeliers; Pendant Lights; Cove Lighting
3) By Task Lighting: Desk Lamps; Reading Lights; Under-Cabinet Lighting; Workbench Lighting
4) By Mood Lighting: LED Strips; Smart Lights; Floor Lamps; Dimmable Lights
5) By Accent Lighting: Wall Sconces; Spotlights; Track Lighting; Picture Lights
Key Companies Mentioned: Samsung Electronics Co. Ltd.; Panasonic Corporation; Eaton Corporation Plc; Koninklijke Philips N.V.; Stanley Black & Decker Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies featured in this Interior Lighting market report include:- Samsung Electronics Co. Ltd.
- Panasonic Corporation
- Eaton Corporation Plc
- Koninklijke Philips N.V.
- Stanley Black & Decker Inc.
- Signify Holding B.V.
- Osram Licht AG
- Hubbell Inc.
- Acuity Brands Inc.
- Hafele Gmbh & Co.
- Havells India Ltd.
- Zumtobel Group AG
- Cree Lighting USA LLC
- Lutron Electronics Co. Inc.
- Thorn Lighting Ltd.
- GE Lighting
- Kichler Lighting LLC
- Tech Lighting LLC
- Craftmade International Inc.
- WAC Lighting
- Quoizel Inc.
- Hinkley Lighting Inc.
- Sea Gull Lighting
- Maxim Lighting International Inc.
- Lighting New York
- Csl Lighting Inc.
- Murray Feiss Light
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | April 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 82.3 Billion |
Forecasted Market Value ( USD | $ 104.31 Billion |
Compound Annual Growth Rate | 6.1% |
Regions Covered | Global |
No. of Companies Mentioned | 28 |