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The lighting market is forecasted to grow by USD 62.8 billion during 2024-2029, accelerating at a CAGR of 7.4% during the forecast period. The report on the lighting market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing number of developments and lighting product launches, declining manufacturing cost of light-emitting diodes, and stringent regulations on road safety.
The lighting market is segmented as below:
By Application
- General lighting
- Automotive lighting
- Backlighting
By Type
- LED technology
- Traditional technology
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the lighting market covers the following areas:
- Lighting Market sizing
- Lighting Market forecast
- Lighting Market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Application
9 Market Segmentation by Type
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global lighting market: Acuity Brands Inc., ams OSRAM AG, Bridgelux Inc., Dialight Plc, Digital Lumens Inc., Eaton Corp plc, Ennostar Inc., General Electric Co., GrowRay Lighting Technologies, Havells India Ltd., Hubbell Inc., IDEAL INDUSTRIES Inc., Koninklijke Philips NV, LSI Industries Inc., Lumileds Holding BV, Panasonic Holdings Corp., Sharp Corp., SMART Global Holdings Inc., Syska Led Lights Pvt. Ltd., and Toyoda Gosei Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is advances in automotive lighting systems."
According to the report, one of the major drivers for this market is the growing number of developments and lighting product launches.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Acuity Brands Inc.
- ams OSRAM AG
- Bridgelux Inc.
- Dialight Plc
- Digital Lumens Inc.
- Eaton Corp plc
- Ennostar Inc.
- General Electric Co.
- GrowRay Lighting Technologies
- Havells India Ltd.
- Hubbell Inc.
- IDEAL INDUSTRIES Inc.
- Koninklijke Philips NV
- LSI Industries Inc.
- Lumileds Holding BV
- Panasonic Holdings Corp.
- Sharp Corp.
- SMART Global Holdings Inc.
- Syska Led Lights Pvt. Ltd.
- Toyoda Gosei Co. Ltd.
