The global market for Lighting Fixtures and Luminaires is estimated at US$89.2 Billion in 2023 and is projected to reach US$145.3 Billion by 2030, growing at a CAGR of 7.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the lighting fixtures and luminaires market is driven by several factors, including technological innovations, increased awareness of energy efficiency, and changes in consumer preferences. As environmental concerns become more prominent, there is a growing demand for energy-efficient lighting solutions, driving the adoption of advanced technologies like LEDs and smart lighting systems that can adapt to users' needs while reducing power consumption.
Additionally, the expansion of the construction sector, particularly in emerging economies, presents significant opportunities for the deployment of modern lighting solutions in new residential and commercial developments. Consumer trends toward more personalized and stylish home environments also boost demand for fixtures that are not only functional but also aesthetically pleasing.
The growth in the lighting fixtures and luminaires market is driven by several factors, including technological innovations, increased awareness of energy efficiency, and changes in consumer preferences. As environmental concerns become more prominent, there is a growing demand for energy-efficient lighting solutions, driving the adoption of advanced technologies like LEDs and smart lighting systems that can adapt to users' needs while reducing power consumption.
Additionally, the expansion of the construction sector, particularly in emerging economies, presents significant opportunities for the deployment of modern lighting solutions in new residential and commercial developments. Consumer trends toward more personalized and stylish home environments also boost demand for fixtures that are not only functional but also aesthetically pleasing.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Non-Portable Lighting Fixtures and Luminaires segment, which is expected to reach US$111.0 Billion by 2030 with a CAGR of a 7.6%. The Portable Lighting Fixtures and Luminaires segment is also set to grow at 5.4% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $16.9 Billion in 2023, and China, forecasted to grow at an impressive 8.9% CAGR to reach $31.6 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Lighting Fixtures and Luminaires Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Lighting Fixtures and Luminaires Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Lighting Fixtures and Luminaires Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Ai Live Home Kit Co., Ltd., Acuity Brands Lighting Inc., Ampcontrol Pty., Ltd., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 645 Featured):
- Ai Live Home Kit Co., Ltd.
- Acuity Brands Lighting Inc.
- Ampcontrol Pty., Ltd.
- Acuity Brands, Inc.
- Acclaim Lighting
- ADJ Products LLC
- Alloy Industry Co., Ltd.
- American Electric Lighting
- ACDC LED Ltd.
- Arancia Lighting Inc.
- ANP Lighting, Inc.
- Abacus Lighting Holdings Limited
- aoshenglighting.com Corporation.
- Andre Fu Living Limited
- Aquarii, Inc.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISGERMANYITALYSPAINRUSSIAREST OF EUROPEAUSTRALIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTAFRICAIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
UNITED KINGDOM
ASIA-PACIFIC
INDIA
MIDDLE EAST
Companies Mentioned
- Ai Live Home Kit Co., Ltd.
- Acuity Brands Lighting Inc.
- Ampcontrol Pty., Ltd.
- Acuity Brands, Inc.
- Acclaim Lighting
- ADJ Products LLC
- Alloy Industry Co., Ltd.
- American Electric Lighting
- ACDC LED Ltd.
- Arancia Lighting Inc.
- ANP Lighting, Inc.
- Abacus Lighting Holdings Limited
- aoshenglighting.com Corporation.
- Andre Fu Living Limited
- Aquarii, Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 1667 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 89.2 Billion |
| Forecasted Market Value ( USD | $ 145.3 Billion |
| Compound Annual Growth Rate | 7.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
