Global LED Lighting Supply, Demand and Key Producers, 2024-2030
Page: 115
Published Date: 01 Nov 2024
Category: Consumer Goods
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- Description
- Table of Contents
- Table of Figures
- Research Methodology
- Companies Mentioned
- Related Reports
- Product Tags
Description
LED lighting, or Lighting Emitting Diode lighting, is a semiconductor solid-state light-emitting device. It uses solid semiconductor chips as luminescent materials, and emits photons by the excess energy released by the recombination of carriers in the semiconductor, thereby directly emitting red, yellow, blue, green and other colors of light. On this basis, by using the principle of three primary colors and adding phosphors, light of any color can be emitted.
The global LED Lighting market size is expected to reach $ 29020 million by 2030, rising at a market growth of 3.7% CAGR during the forecast period (2024-2030).
Benefiting from the global emphasis on energy conservation and environmental protection, LED lighting, as a high-efficiency, low-energy lighting solution, has gradually replaced traditional lighting products. Against this backdrop, the LED lighting industry has ushered in new opportunities, especially with increasing investment in sustainable development and smart lighting. At the same time, with the advancement of technology, the cost of LED products has gradually decreased, making them more competitive in the market.
From a regional perspective, the Chinese market has changed rapidly in the past few years. The market size in 2023 was US$5.454 billion, accounting for 22.99% of the world, and is expected to reach US$6.692 billion in 2030, when the global share will reach 23.61%. This growth reflects China's continuous progress in the research and development of LED lighting technology and market application, especially in the rapid expansion of smart home and urban lighting. The rapid growth of the Chinese market has also attracted more and more international manufacturers to invest and cooperate, further promoting the development of the industry.
At present, the global market is mainly dominated by manufacturers in the United States and China. The world's leading LED lighting manufacturers mainly include Acuity Brands, Panasonic and Mulinsen, and the top three manufacturers account for 23.07% of the global market share.
However, the global LED lighting market also faces many challenges. In 2023, the industry faces dual pressures from the international and domestic environments. The instability of the international market, rising energy prices, rising freight rates between Asia and Europe, and global inflation caused by interest rate hikes in Europe and the United States have all dealt a heavy blow to the export of the LED lighting industry. In addition, the domestic market is also affected by real estate regulation policies, and weak market demand has limited the growth of the lighting industry. Under the combined effect of this series of factors, the industry is facing unprecedented difficulties and challenges.
In the increasingly competitive LED lighting terminal market, the replacement market has gradually shrunk, causing companies to face the risk of increased inventory pressure. As the life of LED lighting products has been extended, many consumers no longer frequently replace lighting equipment, resulting in a decline in market demand. In addition, the improvement of the automation level of the lighting industry has lowered the threshold for expansion, resulting in an increase in the number of listed companies in China, which has led to the problem of overcapacity. Faced with the decline in demand from international and domestic end customers, the industry has been under increasing pressure to destock, and the prices of LED lighting products have continued to fall, further weakening the profitability of the market.
This report studies the global LED Lighting demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for LED Lighting, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of LED Lighting that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global LED Lighting total market, 2019-2030, (USD Million)
Global LED Lighting total market by region & country, CAGR, 2019-2030, (USD Million)
U.S. VS China: LED Lighting total market, key domestic companies, and share, (USD Million)
Global LED Lighting revenue by player, revenue and market share 2019-2024, (USD Million)
Global LED Lighting total market by Type, CAGR, 2019-2030, (USD Million)
Global LED Lighting total market by Application, CAGR, 2019-2030, (USD Million)
This report profiles major players in the global LED Lighting market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Acuity Brands, Panasonic, MULINSEN, Signify, Zumtobel, Opple Lighting, Current Lighting Solutions, Foshan Electrical And Lighting, Pak, Savant Systems, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the world LED Lighting market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.
Global LED Lighting Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global LED Lighting Market, Segmentation by Type
Indoor LED Lighting
Outdoor LED Lighting
Global LED Lighting Market, Segmentation by Application:
Home
Industrial
Commercial
Others
Companies Profiled:
Acuity Brands
Panasonic
MULINSEN
Signify
Zumtobel
Opple Lighting
Current Lighting Solutions
Foshan Electrical And Lighting
Pak
Savant Systems
YANKON
Sharp
Cree Lighting
Key Questions Answered
1. How big is the global LED Lighting market?
2. What is the demand of the global LED Lighting market?
3. What is the year over year growth of the global LED Lighting market?
4. What is the total value of the global LED Lighting market?
5. Who are the Major Players in the global LED Lighting market?
6. What are the growth factors driving the market demand?
Table of Contents
1 Supply Summary
1.1 LED Lighting Introduction
1.2 World LED Lighting Market Size & Forecast (2019 & 2023 & 2030)
1.3 World LED Lighting Total Market by Region (by Headquarter Location)
1.3.1 World LED Lighting Market Size by Region (2019-2030), (by Headquarter Location)
1.3.2 United States Based Company LED Lighting Revenue (2019-2030)
1.3.3 China Based Company LED Lighting Revenue (2019-2030)
1.3.4 Europe Based Company LED Lighting Revenue (2019-2030)
1.3.5 Japan Based Company LED Lighting Revenue (2019-2030)
1.3.6 South Korea Based Company LED Lighting Revenue (2019-2030)
1.3.7 ASEAN Based Company LED Lighting Revenue (2019-2030)
1.3.8 India Based Company LED Lighting Revenue (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 LED Lighting Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Major Market Trends
2 Demand Summary
2.1 World LED Lighting Consumption Value (2019-2030)
2.2 World LED Lighting Consumption Value by Region
2.2.1 World LED Lighting Consumption Value by Region (2019-2024)
2.2.2 World LED Lighting Consumption Value Forecast by Region (2025-2030)
2.3 United States LED Lighting Consumption Value (2019-2030)
2.4 China LED Lighting Consumption Value (2019-2030)
2.5 Europe LED Lighting Consumption Value (2019-2030)
2.6 Japan LED Lighting Consumption Value (2019-2030)
2.7 South Korea LED Lighting Consumption Value (2019-2030)
2.8 ASEAN LED Lighting Consumption Value (2019-2030)
2.9 India LED Lighting Consumption Value (2019-2030)
3 World LED Lighting Companies Competitive Analysis
3.1 World LED Lighting Revenue by Player (2019-2024)
3.2 Industry Rank and Concentration Rate (CR)
3.2.1 Global LED Lighting Industry Rank of Major Players
3.2.2 Global Concentration Ratios (CR4) for LED Lighting in 2023
3.2.3 Global Concentration Ratios (CR8) for LED Lighting in 2023
3.3 LED Lighting Company Evaluation Quadrant
3.4 LED Lighting Market: Overall Company Footprint Analysis
3.4.1 LED Lighting Market: Region Footprint
3.4.2 LED Lighting Market: Company Product Type Footprint
3.4.3 LED Lighting Market: Company Product Application Footprint
3.5 Competitive Environment
3.5.1 Historical Structure of the Industry
3.5.2 Barriers of Market Entry
3.5.3 Factors of Competition
3.6 Mergers & Acquisitions Activity
4 United States VS China VS Rest of World (by Headquarter Location)
4.1 United States VS China: LED Lighting Revenue Comparison (by Headquarter Location)
4.1.1 United States VS China: LED Lighting Revenue Comparison (2019 & 2023 & 2030) (by Headquarter Location)
4.1.2 United States VS China: LED Lighting Revenue Market Share Comparison (2019 & 2023 & 2030)
4.2 United States Based Companies VS China Based Companies: LED Lighting Consumption Value Comparison
4.2.1 United States VS China: LED Lighting Consumption Value Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: LED Lighting Consumption Value Market Share Comparison (2019 & 2023 & 2030)
4.3 United States Based LED Lighting Companies and Market Share, 2019-2024
4.3.1 United States Based LED Lighting Companies, Headquarters (States, Country)
4.3.2 United States Based Companies LED Lighting Revenue, (2019-2024)
4.4 China Based Companies LED Lighting Revenue and Market Share, 2019-2024
4.4.1 China Based LED Lighting Companies, Company Headquarters (Province, Country)
4.4.2 China Based Companies LED Lighting Revenue, (2019-2024)
4.5 Rest of World Based LED Lighting Companies and Market Share, 2019-2024
4.5.1 Rest of World Based LED Lighting Companies, Headquarters (Province, Country)
4.5.2 Rest of World Based Companies LED Lighting Revenue (2019-2024)
5 Market Analysis by Type
5.1 World LED Lighting Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Indoor LED Lighting
5.2.2 Outdoor LED Lighting
5.3 Market Segment by Type
5.3.1 World LED Lighting Market Size by Type (2019-2024)
5.3.2 World LED Lighting Market Size by Type (2025-2030)
5.3.3 World LED Lighting Market Size Market Share by Type (2025-2030)
6 Market Analysis by Application
6.1 World LED Lighting Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Home
6.2.2 Industrial
6.2.3 Commercial
6.2.4 Others
6.3 Market Segment by Application
6.3.1 World LED Lighting Market Size by Application (2019-2024)
6.3.2 World LED Lighting Market Size by Application (2025-2030)
6.3.3 World LED Lighting Market Size Market Share by Application (2019-2030)
7 Company Profiles
7.1 Acuity Brands
7.1.1 Acuity Brands Details
7.1.2 Acuity Brands Major Business
7.1.3 Acuity Brands LED Lighting Product and Services
7.1.4 Acuity Brands LED Lighting Revenue, Gross Margin and Market Share (2019-2024)
7.1.5 Acuity Brands Recent Developments/Updates
7.1.6 Acuity Brands Competitive Strengths & Weaknesses
7.2 Panasonic
7.2.1 Panasonic Details
7.2.2 Panasonic Major Business
7.2.3 Panasonic LED Lighting Product and Services
7.2.4 Panasonic LED Lighting Revenue, Gross Margin and Market Share (2019-2024)
7.2.5 Panasonic Recent Developments/Updates
7.2.6 Panasonic Competitive Strengths & Weaknesses
7.3 MULINSEN
7.3.1 MULINSEN Details
7.3.2 MULINSEN Major Business
7.3.3 MULINSEN LED Lighting Product and Services
7.3.4 MULINSEN LED Lighting Revenue, Gross Margin and Market Share (2019-2024)
7.3.5 MULINSEN Recent Developments/Updates
7.3.6 MULINSEN Competitive Strengths & Weaknesses
7.4 Signify
7.4.1 Signify Details
7.4.2 Signify Major Business
7.4.3 Signify LED Lighting Product and Services
7.4.4 Signify LED Lighting Revenue, Gross Margin and Market Share (2019-2024)
7.4.5 Signify Recent Developments/Updates
7.4.6 Signify Competitive Strengths & Weaknesses
7.5 Zumtobel
7.5.1 Zumtobel Details
7.5.2 Zumtobel Major Business
7.5.3 Zumtobel LED Lighting Product and Services
7.5.4 Zumtobel LED Lighting Revenue, Gross Margin and Market Share (2019-2024)
7.5.5 Zumtobel Recent Developments/Updates
7.5.6 Zumtobel Competitive Strengths & Weaknesses
7.6 Opple Lighting
7.6.1 Opple Lighting Details
7.6.2 Opple Lighting Major Business
7.6.3 Opple Lighting LED Lighting Product and Services
7.6.4 Opple Lighting LED Lighting Revenue, Gross Margin and Market Share (2019-2024)
7.6.5 Opple Lighting Recent Developments/Updates
7.6.6 Opple Lighting Competitive Strengths & Weaknesses
7.7 Current Lighting Solutions
7.7.1 Current Lighting Solutions Details
7.7.2 Current Lighting Solutions Major Business
7.7.3 Current Lighting Solutions LED Lighting Product and Services
7.7.4 Current Lighting Solutions LED Lighting Revenue, Gross Margin and Market Share (2019-2024)
7.7.5 Current Lighting Solutions Recent Developments/Updates
7.7.6 Current Lighting Solutions Competitive Strengths & Weaknesses
7.8 Foshan Electrical And Lighting
7.8.1 Foshan Electrical And Lighting Details
7.8.2 Foshan Electrical And Lighting Major Business
7.8.3 Foshan Electrical And Lighting LED Lighting Product and Services
7.8.4 Foshan Electrical And Lighting LED Lighting Revenue, Gross Margin and Market Share (2019-2024)
7.8.5 Foshan Electrical And Lighting Recent Developments/Updates
7.8.6 Foshan Electrical And Lighting Competitive Strengths & Weaknesses
7.9 Pak
7.9.1 Pak Details
7.9.2 Pak Major Business
7.9.3 Pak LED Lighting Product and Services
7.9.4 Pak LED Lighting Revenue, Gross Margin and Market Share (2019-2024)
7.9.5 Pak Recent Developments/Updates
7.9.6 Pak Competitive Strengths & Weaknesses
7.10 Savant Systems
7.10.1 Savant Systems Details
7.10.2 Savant Systems Major Business
7.10.3 Savant Systems LED Lighting Product and Services
7.10.4 Savant Systems LED Lighting Revenue, Gross Margin and Market Share (2019-2024)
7.10.5 Savant Systems Recent Developments/Updates
7.10.6 Savant Systems Competitive Strengths & Weaknesses
7.11 YANKON
7.11.1 YANKON Details
7.11.2 YANKON Major Business
7.11.3 YANKON LED Lighting Product and Services
7.11.4 YANKON LED Lighting Revenue, Gross Margin and Market Share (2019-2024)
7.11.5 YANKON Recent Developments/Updates
7.11.6 YANKON Competitive Strengths & Weaknesses
7.12 Sharp
7.12.1 Sharp Details
7.12.2 Sharp Major Business
7.12.3 Sharp LED Lighting Product and Services
7.12.4 Sharp LED Lighting Revenue, Gross Margin and Market Share (2019-2024)
7.12.5 Sharp Recent Developments/Updates
7.12.6 Sharp Competitive Strengths & Weaknesses
7.13 Cree Lighting
7.13.1 Cree Lighting Details
7.13.2 Cree Lighting Major Business
7.13.3 Cree Lighting LED Lighting Product and Services
7.13.4 Cree Lighting LED Lighting Revenue, Gross Margin and Market Share (2019-2024)
7.13.5 Cree Lighting Recent Developments/Updates
7.13.6 Cree Lighting Competitive Strengths & Weaknesses
8 Industry Chain Analysis
8.1 LED Lighting Industry Chain
8.2 LED Lighting Upstream Analysis
8.3 LED Lighting Midstream Analysis
8.4 LED Lighting Downstream Analysis
9 Research Findings and Conclusion
10 Appendix
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
Table of Figures
List of Tables
Table 1. World LED Lighting Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
Table 2. World LED Lighting Revenue by Region (2019-2024) & (USD Million), (by Headquarter Location)
Table 3. World LED Lighting Revenue by Region (2025-2030) & (USD Million), (by Headquarter Location)
Table 4. World LED Lighting Revenue Market Share by Region (2019-2024), (by Headquarter Location)
Table 5. World LED Lighting Revenue Market Share by Region (2025-2030), (by Headquarter Location)
Table 6. Major Market Trends
Table 7. World LED Lighting Consumption Value Growth Rate Forecast by Region (2019 & 2023 & 2030) & (USD Million)
Table 8. World LED Lighting Consumption Value by Region (2019-2024) & (USD Million)
Table 9. World LED Lighting Consumption Value Forecast by Region (2025-2030) & (USD Million)
Table 10. World LED Lighting Revenue by Player (2019-2024) & (USD Million)
Table 11. Revenue Market Share of Key LED Lighting Players in 2023
Table 12. World LED Lighting Industry Rank of Major Player, Based on Revenue in 2023
Table 13. Global LED Lighting Company Evaluation Quadrant
Table 14. Head Office of Key LED Lighting Players
Table 15. LED Lighting Market: Company Product Type Footprint
Table 16. LED Lighting Market: Company Product Application Footprint
Table 17. LED Lighting Mergers & Acquisitions Activity
Table 18. United States VS China LED Lighting Revenue Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 19. United States VS China LED Lighting Consumption Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 20. United States Based LED Lighting Companies, Headquarters (States, Country)
Table 21. United States Based Companies LED Lighting Revenue, (2019-2024) & (USD Million)
Table 22. United States Based Companies LED Lighting Revenue Market Share (2019-2024)
Table 23. China Based LED Lighting Companies, Headquarters (Province, Country)
Table 24. China Based Companies LED Lighting Revenue, (2019-2024) & (USD Million)
Table 25. China Based Companies LED Lighting Revenue Market Share (2019-2024)
Table 26. Rest of World Based LED Lighting Companies, Headquarters (Province, Country)
Table 27. Rest of World Based Companies LED Lighting Revenue (2019-2024) & (USD Million)
Table 28. Rest of World Based Companies LED Lighting Revenue Market Share (2019-2024)
Table 29. World LED Lighting Market Size by Type, (USD Million), 2019 & 2023 & 2030
Table 30. World LED Lighting Market Size Value by Type (2019-2024) & (USD Million)
Table 31. World LED Lighting Market Size by Type (2025-2030) & (USD Million)
Table 32. World LED Lighting Market Size by Application, (USD Million), 2019 & 2023 & 2030
Table 33. World LED Lighting Market Size by Application (2019-2024) & (USD Million)
Table 34. World LED Lighting Market Size by Application (2025-2030) & (USD Million)
Table 35. Acuity Brands Basic Information, Manufacturing Base and Competitors
Table 36. Acuity Brands Major Business
Table 37. Acuity Brands LED Lighting Product and Services
Table 38. Acuity Brands LED Lighting Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 39. Acuity Brands Recent Developments/Updates
Table 40. Acuity Brands Competitive Strengths & Weaknesses
Table 41. Panasonic Basic Information, Manufacturing Base and Competitors
Table 42. Panasonic Major Business
Table 43. Panasonic LED Lighting Product and Services
Table 44. Panasonic LED Lighting Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 45. Panasonic Recent Developments/Updates
Table 46. Panasonic Competitive Strengths & Weaknesses
Table 47. MULINSEN Basic Information, Manufacturing Base and Competitors
Table 48. MULINSEN Major Business
Table 49. MULINSEN LED Lighting Product and Services
Table 50. MULINSEN LED Lighting Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 51. MULINSEN Recent Developments/Updates
Table 52. MULINSEN Competitive Strengths & Weaknesses
Table 53. Signify Basic Information, Manufacturing Base and Competitors
Table 54. Signify Major Business
Table 55. Signify LED Lighting Product and Services
Table 56. Signify LED Lighting Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 57. Signify Recent Developments/Updates
Table 58. Signify Competitive Strengths & Weaknesses
Table 59. Zumtobel Basic Information, Manufacturing Base and Competitors
Table 60. Zumtobel Major Business
Table 61. Zumtobel LED Lighting Product and Services
Table 62. Zumtobel LED Lighting Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 63. Zumtobel Recent Developments/Updates
Table 64. Zumtobel Competitive Strengths & Weaknesses
Table 65. Opple Lighting Basic Information, Manufacturing Base and Competitors
Table 66. Opple Lighting Major Business
Table 67. Opple Lighting LED Lighting Product and Services
Table 68. Opple Lighting LED Lighting Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 69. Opple Lighting Recent Developments/Updates
Table 70. Opple Lighting Competitive Strengths & Weaknesses
Table 71. Current Lighting Solutions Basic Information, Manufacturing Base and Competitors
Table 72. Current Lighting Solutions Major Business
Table 73. Current Lighting Solutions LED Lighting Product and Services
Table 74. Current Lighting Solutions LED Lighting Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 75. Current Lighting Solutions Recent Developments/Updates
Table 76. Current Lighting Solutions Competitive Strengths & Weaknesses
Table 77. Foshan Electrical And Lighting Basic Information, Manufacturing Base and Competitors
Table 78. Foshan Electrical And Lighting Major Business
Table 79. Foshan Electrical And Lighting LED Lighting Product and Services
Table 80. Foshan Electrical And Lighting LED Lighting Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 81. Foshan Electrical And Lighting Recent Developments/Updates
Table 82. Foshan Electrical And Lighting Competitive Strengths & Weaknesses
Table 83. Pak Basic Information, Manufacturing Base and Competitors
Table 84. Pak Major Business
Table 85. Pak LED Lighting Product and Services
Table 86. Pak LED Lighting Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 87. Pak Recent Developments/Updates
Table 88. Pak Competitive Strengths & Weaknesses
Table 89. Savant Systems Basic Information, Manufacturing Base and Competitors
Table 90. Savant Systems Major Business
Table 91. Savant Systems LED Lighting Product and Services
Table 92. Savant Systems LED Lighting Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 93. Savant Systems Recent Developments/Updates
Table 94. Savant Systems Competitive Strengths & Weaknesses
Table 95. YANKON Basic Information, Manufacturing Base and Competitors
Table 96. YANKON Major Business
Table 97. YANKON LED Lighting Product and Services
Table 98. YANKON LED Lighting Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 99. YANKON Recent Developments/Updates
Table 100. YANKON Competitive Strengths & Weaknesses
Table 101. Sharp Basic Information, Manufacturing Base and Competitors
Table 102. Sharp Major Business
Table 103. Sharp LED Lighting Product and Services
Table 104. Sharp LED Lighting Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 105. Sharp Recent Developments/Updates
Table 106. Sharp Competitive Strengths & Weaknesses
Table 107. Cree Lighting Basic Information, Manufacturing Base and Competitors
Table 108. Cree Lighting Major Business
Table 109. Cree Lighting LED Lighting Product and Services
Table 110. Cree Lighting LED Lighting Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 111. Cree Lighting Recent Developments/Updates
Table 112. Cree Lighting Competitive Strengths & Weaknesses
Table 113. Global Key Players of LED Lighting Upstream (Raw Materials)
Table 114. Global LED Lighting Typical Customers
List of Figures
Figure 1. LED Lighting Picture
Figure 2. World LED Lighting Total Revenue: 2019 & 2023 & 2030, (USD Million)
Figure 3. World LED Lighting Total Revenue (2019-2030) & (USD Million)
Figure 4. World LED Lighting Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
Figure 5. World LED Lighting Revenue Market Share by Region (2019-2030), (by Headquarter Location)
Figure 6. United States Based Company LED Lighting Revenue (2019-2030) & (USD Million)
Figure 7. China Based Company LED Lighting Revenue (2019-2030) & (USD Million)
Figure 8. Europe Based Company LED Lighting Revenue (2019-2030) & (USD Million)
Figure 9. Japan Based Company LED Lighting Revenue (2019-2030) & (USD Million)
Figure 10. South Korea Based Company LED Lighting Revenue (2019-2030) & (USD Million)
Figure 11. ASEAN Based Company LED Lighting Revenue (2019-2030) & (USD Million)
Figure 12. India Based Company LED Lighting Revenue (2019-2030) & (USD Million)
Figure 13. LED Lighting Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World LED Lighting Consumption Value (2019-2030) & (USD Million)
Figure 16. World LED Lighting Consumption Value Market Share by Region (2019-2030)
Figure 17. United States LED Lighting Consumption Value (2019-2030) & (USD Million)
Figure 18. China LED Lighting Consumption Value (2019-2030) & (USD Million)
Figure 19. Europe LED Lighting Consumption Value (2019-2030) & (USD Million)
Figure 20. Japan LED Lighting Consumption Value (2019-2030) & (USD Million)
Figure 21. South Korea LED Lighting Consumption Value (2019-2030) & (USD Million)
Figure 22. ASEAN LED Lighting Consumption Value (2019-2030) & (USD Million)
Figure 23. India LED Lighting Consumption Value (2019-2030) & (USD Million)
Figure 24. Producer Shipments of LED Lighting by Player Revenue ($MM) and Market Share (%): 2023
Figure 25. Global Four-firm Concentration Ratios (CR4) for LED Lighting Markets in 2023
Figure 26. Global Four-firm Concentration Ratios (CR8) for LED Lighting Markets in 2023
Figure 27. United States VS China: LED Lighting Revenue Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: LED Lighting Consumption Value Market Share Comparison (2019 & 2023 & 2030)
Figure 29. World LED Lighting Market Size by Type, (USD Million), 2019 & 2023 & 2030
Figure 30. World LED Lighting Market Size Market Share by Type in 2023
Figure 31. Indoor LED Lighting
Figure 32. Outdoor LED Lighting
Figure 33. World LED Lighting Market Size Market Share by Type (2019-2030)
Figure 34. World LED Lighting Market Size by Application, (USD Million), 2019 & 2023 & 2030
Figure 35. World LED Lighting Market Size Market Share by Application in 2023
Figure 36. Home
Figure 37. Industrial
Figure 38. Commercial
Figure 39. Others
Figure 40. World LED Lighting Market Size Market Share by Application (2019-2030)
Figure 41. LED Lighting Industrial Chain
Figure 42. Methodology
Figure 43. Research Process and Data Source
Research Methodology
Client Requirements
Review and analyze client requirements
Discussion of all the project requirements and queries
Flexibility Check
Project Feasibility Analysis
Finalizing tentative research programme
Structuring project proposal with scope, timeline, and costs
Analyzing Market Dynamics
Determination of key drivers, restraints, challenge, and opportunity
Identifies market needs and trends
Market Size Estimation & Forecast
Estimation of historical data based on secondary and primary data
Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)
Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies
Consideration of geography, region-specific product/service demand for region segments
Consideration of product utilization rates, product demand outlook for segments by application or end-user.
Data Source
Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports,
paid database, press releases, blogs, newsletters,and GIR repositories.
Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts
to verify insights.
Validation
and
triangulation of
secondary and primary source.
Collection of data
Cumulating and collating the essential qualitative and quantitative data
Generation of report in client requested format by research analysts
Reviews by expert analysts
Final quality check
Clarifying queries
Receiving feedback
Ensuring satisfaction
01 Identification of data
This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic
This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data
This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data
This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis
This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.
Companies Mentioned
Acuity Brands Panasonic MULINSEN Signify Zumtobel Opple Lighting Current Lighting Solutions Foshan Electrical And Lighting Pak Savant Systems YANKON Sharp Cree Lighting
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