Industry: Consumer Goods
Published Date: 2025-08-08
Pages: 151 Pages
Report ld: 4917579
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Lighting Market Size(US$)

CAGR 2025-2031
2.0%
Market Size,2031
USD 165,800
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global Lighting market is projected to grow from US$ 144620 million in 2024 to US$ 165800 million by 2031, at a CAGR of 2.0% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
The lighting industry mainly refers to the lighting equipment manufacturing industry, and its three sub-industries are electric light source manufacturing, lighting fixture manufacturing, and lighting electrical accessories and other lighting equipment manufacturing. The main functions of lighting in life and production include three functions: brightness, decoration, and indication. According to the type of lighting light source, lighting can be divided into LED lighting, energy-saving lighting, fluorescent lighting, incandescent lighting, etc. According to the lighting usage scenario, lighting can be divided into general lighting, special lighting, etc.
In the lighting industry, products are mainly divided into LED lamps, energy-saving lamps, fluorescent lamps and incandescent lamps according to the type of light source. Among them, LED lamps have become the mainstream development direction due to their advantages such as high energy efficiency, long life and strong environmental protection, and have gradually replaced energy-saving lamps and fluorescent lamps. Incandescent lamps are gradually eliminated due to their high energy consumption. In terms of application, lighting can be divided into general lighting (such as home, commercial, office, road lighting, etc.), special lighting (such as medical surgery lighting, plant growth lamps, industrial workshop lighting, explosion-proof lighting, etc.) and other applications (such as decorative lighting, landscape lighting, intelligent lighting systems, etc.). In the future, with the promotion of the "dual carbon" policy and the rapid development of smart cities and smart homes, lighting companies should accelerate the transformation towards intelligence, digitalization, high efficiency and energy saving, enhance product added value, and create solutions for multi-scenario integration. At the same time, we should attach importance to brand building and international layout, strengthen technical reserves and standard formulation in emerging fields such as light health, smart perception and human factors lighting, so as to meet the market's growing demand for high-quality and intelligent lighting.
Report Includes:
This definitive report equips CEOs, marketing directors, and investors with a 360° view of the global Lighting market, seamlessly integrating production and sales performance across the value chain. It analyzes historical sales volume and revenue sales data (2020–2024) and delivers forecasts through 2031, illuminating demand trends and growth drivers.
By segmenting the market by Type and by Application, the study quantifies volume and value, growth rates, technical innovations, niche opportunities, and substitution risks, and analyzes downstream customers distribution pattern.
Granular regional insights cover five major markets—North America, Europe, APAC, South America, and MEA—with in‑depth analysis of 20+ countries. Each region’s dominant products, competitive landscape, and downstream demand trends are clearly detailed.
Critical competitive intelligence profiles manufacturers—sales volume, revenue, margins, pricing strategies, and major customers—and dissects the top-player positioning across product lines, applications, and regions to reveal strategic strengths.
A concise supply‑chain overview maps upstream suppliers, manufacturing technologies, cost structures, and distribution dynamics to identify strategic gaps and unmet demand.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Defines the Lighting study scope, segments the market by Type and by Application, etc, highlights segment size and growth potential.
Chapter 2: Offers current market state, projects global revenue and sales to 2031, pinpointing high consumption regions and emerging market catalysts
Chapter 3: Dissects the manufacturer landscape—ranks by volume and revenue, analyzes profitability and pricing, maps production bases, details manufacturer performance by product type and evaluates concentration alongside M&A moves.
Chapter 4: Unlocks high margin product segments—compares sales, revenue, ASP, and technology differentiators, highlighting growth niches and substitution risks
Chapter 5: Targets downstream market opportunities—evaluates sales, revenue, and pricing by Application, identifies emerging use cases, and profiles leading customers by region and by Application.
Chapter 6: North America—breaks down sales and revenue by Type, by Application and country, profiles key manufacturers and assesses growth drivers and barriers.
Chapter 7: Europe—analyses regional sales, revenue and market by Type, by Application and manufacturers, flagging drivers and barriers.
Chapter 8: Asia Pacific—quantifies sales and revenue by Type, by Application, and region/country, profiles top manufacturers, and uncovers high potential expansion areas.
Chapter 9: Central & South America—measures sales and revenue by Type, by Application, and country, profiles top manufacturers, and identifies investment opportunities and challenges.
Chapter 10: Middle East and Africa—evaluates sales and revenue by Type, by Application, and country, profiles key manufacturers, and outlines investment prospects and market hurdles
Chapter 11: Profiles manufacturers in depth—details product specs, sales, revenue, margins; Top manufactures 2024 sales breakdowns by Product type, by Application, by sales region SWOT analysis, and recent strategic developments.
Chapter 12: Supply chain—analyses upstream raw materials and suppliers, manufacturing footprint, regional production and cost, regulatory and technology, plus downstream channels and distributor roles.
Chapter 13: Market dynamics—explores drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 15: Actionable conclusions and strategic recommendations.
WHY THIS REPORT
Beyond standard market data, this analysis provides a clear profitability roadmap, empowering you to:
Beyond standard market data, this analysis provides a clear profitability roadmap—empowering you to:
Allocate capital strategically to high growth regions (Chapters 6–10) and margin rich segments (Chapter 5).
Negotiate from strength with suppliers (Chapter 12) and customers (Chapter5) using cost and demand intelligence.
Outmaneuver competitors with granular insights into their operations, margins, and strategies (Chapters 3 and 11).
Secure your supply chain against disruptions through upstream and downstream visibility (Chapters 12 and 13).
Leverage this 360° intelligence to turn market complexity into actionable competitive advantage.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Study Coverage
1.1 Introduction to Lighting: Definition, Properties, and Key Attributes
1.2 Market Segmentation by Type
1.2.1 Global Lighting Market Size by Type, 2020 VS 2024 VS 2031
1.2.2 LED Lights
1.2.3 Energy-saving Lights
1.2.4 Fluorescent Lights
1.2.5 Incandescent Lights
1.3 Market Segmentation by Application
1.3.1 Global Lighting Market Size by Application, 2020 VS 2024 VS 2031
1.3.2 General Lighting
1.3.3 Special Lighting
1.3.4 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Executive Summary
2.1 Global Lighting Revenue Estimates and Forecasts 2020-2031
2.2 Global Lighting Revenue by Region
2.2.1 Revenue Comparison: 2020 VS 2024 VS 2031
2.2.2 Historical and Forecasted Revenue by Region (2020--2031)
2.2.3 Global Revenue Market Share by Region (2020-2031)
2.3 Global Lighting Sales Estimates and Forecasts 2020-2031
2.4 Global Lighting Sales by Region
2.4.1 Sales Comparison: 2020 VS 2024 VS 2031
2.4.2 Historical and Forecasted Sales by Region (2020-2031)
2.4.3 Emerging Market Focus: Growth Drivers & Investment Trends
2.4.4 Global Sales Market Share by Region (2020-2031)
3 Competition by Manufacturers
3.1 Global Lighting Sales by Manufacturers
3.1.1 Global Sales Volume by Manufacturers (2020-2025)
3.1.2 Global Top 5 and Top 10 Manufacturers’Market Share by Sales Volume (2024)
3.2 Global Lighting Manufacturer Revenue Rankings and Tiers
3.2.1 Global Revenue (Value) by Manufacturers (2020-2025)
3.2.2 Global Key Manufacturer Revenue Ranking (2023 vs. 2024)
3.2.3 Revenue-Based Tier Segmentation (Tier 1, Tier 2, and Tier 3)
3.3 Manufacturer Profitability Profiles and Pricing Strategies
3.3.1 Gross Margin by Top Manufacturer (2020 VS 2024)
3.3.2 Manufacturer-Level Price Trends (2020-2025)
3.4 Key Manufacturers Manufacturing Base and Headquarters
3.5 Main Product Type Market Size by Manufacturers
3.5.1 LED Lights Market Size by Manufacturers
3.5.2 Energy-saving Lights Market Size by Manufacturers
3.5.3 Fluorescent Lights Market Size by Manufacturers
3.5.4 Incandescent Lights Market Size by Manufacturers
3.6 Global Lighting Market Concentration and Dynamics
3.6.1 Global Market Concentration (CR5 and HHI)
3.6.2 Entrant/Exit Impact Analysis
3.6.3 Strategic Moves: M&A, Capacity Expansion, R&D Investment
4 Global Product Segmentation Analysis
4.1 Global Lighting Sales Performance by Type
4.1.1 Global Historical and Forecasted Sales by Type (2020-2031)
4.1.2 Global Sales Market Share by Type (2020-2031)
4.2 Global Lighting Revenue Trends by Type
4.2.1 Global Historical and Forecasted Revenue by Type (2020-2031)
4.2.2 Global Revenue Market Share by Type (2020-2031)
4.3 Global Average Selling Price (ASP) Trends by Type (2020-2031)
4.4 Product Technology Differentiation
4.5 Subtype Dynamics: Growth Leaders, Profitability and Risk
4.5.1 High-Growth Niches and Adoption Drivers
4.5.2 Profitability Hotspots and Cost Drivers
4.5.3 Substitution Threats
5 Global Downstream Application Analysis
5.1 Global Lighting Sales by Application
5.1.1 Global Historical and Forecasted Sales by Application (2020-2031)
5.1.2 Global Sales Market Share by Application (2020-2031)
5.1.3 High-Growth Application Identification
5.1.4 Emerging Application Case Studies
5.2 Global Lighting Revenue by Application
5.2.1 Global Historical and Forecasted Revenue by Application (2020-2031)
5.2.2 Revenue Market Share by Application (2020-2031)
5.3 Global Pricing Dynamics by Application (2020-2031)
5.4 Downstream Customer Analysis
5.4.1 Top Customers by Region
5.4.2 Top Customers by Application
6 North America
6.1 North America Sales Volume and Revenue (2020-2031)
6.2 North America Key Manufacturers Sales Revenue in 2024
6.3 North America Lighting Sales and Revenue by Type (2020-2031)
6.4 North America Lighting Sales and Revenue by Application (2020-2031)
6.5 North America Growth Accelerators and Market Barriers
6.6 North America Lighting Market Size by Country
6.6.1 North America Revenue by Country
6.6.2 North America Sales Trends by Country
6.6.3 US
6.6.4 Canada
6.6.5 Mexico
7 Europe
7.1 Europe Sales Volume and Revenue (2020-2031)
7.2 Europe Key Manufacturers Sales Revenue in 2024
7.3 Europe Lighting Sales and Revenue by Type (2020-2031)
7.4 Europe Lighting Sales and Revenue by Application (2020-2031)
7.5 Europe Growth Accelerators and Market Barriers
7.6 Europe Lighting Market Size by Country
7.6.1 Europe Revenue by Country
7.6.2 Europe Sales Trends by Country
7.6.3 Germany
7.6.4 France
7.6.5 U.K.
7.6.6 Italy
7.6.7 Russia
8 Asia-Pacific
8.1 Asia-Pacific Sales Volume and Revenue (2020-2031)
8.2 Asia-Pacific Key Manufacturers Sales Revenue in 2024
8.3 Asia-Pacific Lighting Sales and Revenue by Type (2020-2031)
8.4 Asia-Pacific Lighting Sales and Revenue by Application (2020-2031)
8.5 Asia-Pacific Lighting Market Size by Region
8.5.1 Asia-Pacific Revenue by Region
8.5.2 Asia-Pacific Sales Trends by Region
8.6 Asia-Pacific Growth Accelerators and Market Barriers
8.7 Southeast Asia
8.7.1 Southeast Asia Revenue by Country (2020 VS 2024 VS 2031)
8.7.2 Key Country Analysis: Indonesia, Vietnam, Thailand, Malaysia, Philippines
8.8 China
8.9 Japan
8.10 South Korea
8.11 China Taiwan
8.12 India
9 Central and South America
9.1 Central and South America Sales Volume and Revenue (2020-2031)
9.2 Central and South America Key Manufacturers Sales Revenue in 2024
9.3 Central and South America Lighting Sales and Revenue by Type (2020-2031)
9.4 Central and South America Lighting Sales and Revenue by Application (2020-2031)
9.5 Central and South America Investment Opportunities and Key Challenges
9.6 Central and South America Lighting Market Size by Country
9.6.1 Central and South America Revenue Trends by Country (2020 VS 2024 VS 2031)
9.6.2 Brazil
9.6.3 Argentina
10 Middle East and Africa
10.1 Middle East and Africa Sales Volume and Revenue (2020-2031)
10.2 Middle East and Africa Key Manufacturers Sales Revenue in 2024
10.3 Middle East and Africa Lighting Sales and Revenue by Type (2020-2031)
10.4 Middle East and Africa Lighting Sales and Revenue by Application (2020-2031)
10.5 Middle East and Africa Investment Opportunities and Key Challenges
10.6 Middle East and Africa Lighting Market Size by Country
10.6.1 Middle East and Africa Revenue Trends by Country (2020 VS 2024 VS 2031)
10.6.2 GCC Countries
10.6.3 Turkey
10.6.4 Egypt
10.6.5 South Africa
11 Corporate Profile
11.1 SIGNIFY
11.1.1 SIGNIFY Corporation Information
11.1.2 SIGNIFY Business Overview
11.1.3 SIGNIFY Lighting Product Models, Descriptions and Specifications
11.1.4 SIGNIFY Lighting Sales, Price, Revenue and Gross Margin (2020-2025)
11.1.5 SIGNIFY Lighting Sales by Product in 2024
11.1.6 SIGNIFY Lighting Sales by Application in 2024
11.1.7 SIGNIFY Lighting Sales by Geographic Area in 2024
11.1.8 SIGNIFY Lighting SWOT Analysis
11.1.9 SIGNIFY Recent Developments
11.2 OSRAM
11.2.1 OSRAM Corporation Information
11.2.2 OSRAM Business Overview
11.2.3 OSRAM Lighting Product Models, Descriptions and Specifications
11.2.4 OSRAM Lighting Sales, Price, Revenue and Gross Margin (2020-2025)
11.2.5 OSRAM Lighting Sales by Product in 2024
11.2.6 OSRAM Lighting Sales by Application in 2024
11.2.7 OSRAM Lighting Sales by Geographic Area in 2024
11.2.8 OSRAM Lighting SWOT Analysis
11.2.9 OSRAM Recent Developments
11.3 Acuity Brands
11.3.1 Acuity Brands Corporation Information
11.3.2 Acuity Brands Business Overview
11.3.3 Acuity Brands Lighting Product Models, Descriptions and Specifications
11.3.4 Acuity Brands Lighting Sales, Price, Revenue and Gross Margin (2020-2025)
11.3.5 Acuity Brands Lighting Sales by Product in 2024
11.3.6 Acuity Brands Lighting Sales by Application in 2024
11.3.7 Acuity Brands Lighting Sales by Geographic Area in 2024
11.3.8 Acuity Brands Lighting SWOT Analysis
11.3.9 Acuity Brands Recent Developments
11.4 Panasonic
11.4.1 Panasonic Corporation Information
11.4.2 Panasonic Business Overview
11.4.3 Panasonic Lighting Product Models, Descriptions and Specifications
11.4.4 Panasonic Lighting Sales, Price, Revenue and Gross Margin (2020-2025)
11.4.5 Panasonic Lighting Sales by Product in 2024
11.4.6 Panasonic Lighting Sales by Application in 2024
11.4.7 Panasonic Lighting Sales by Geographic Area in 2024
11.4.8 Panasonic Lighting SWOT Analysis
11.4.9 Panasonic Recent Developments
11.5 GE Lighting
11.5.1 GE Lighting Corporation Information
11.5.2 GE Lighting Business Overview
11.5.3 GE Lighting Lighting Product Models, Descriptions and Specifications
11.5.4 GE Lighting Lighting Sales, Price, Revenue and Gross Margin (2020-2025)
11.5.5 GE Lighting Lighting Sales by Product in 2024
11.5.6 GE Lighting Lighting Sales by Application in 2024
11.5.7 GE Lighting Lighting Sales by Geographic Area in 2024
11.5.8 GE Lighting Lighting SWOT Analysis
11.5.9 GE Lighting Recent Developments
11.6 OPPLE
11.6.1 OPPLE Corporation Information
11.6.2 OPPLE Business Overview
11.6.3 OPPLE Lighting Product Models, Descriptions and Specifications
11.6.4 OPPLE Lighting Sales, Price, Revenue and Gross Margin (2020-2025)
11.6.5 OPPLE Recent Developments
11.7 TOSHIBA
11.7.1 TOSHIBA Corporation Information
11.7.2 TOSHIBA Business Overview
11.7.3 TOSHIBA Lighting Product Models, Descriptions and Specifications
11.7.4 TOSHIBA Lighting Sales, Price, Revenue and Gross Margin (2020-2025)
11.7.5 TOSHIBA Recent Developments
11.8 Yankon
11.8.1 Yankon Corporation Information
11.8.2 Yankon Business Overview
11.8.3 Yankon Lighting Product Models, Descriptions and Specifications
11.8.4 Yankon Lighting Sales, Price, Revenue and Gross Margin (2020-2025)
11.8.5 Yankon Recent Developments
11.9 FSL
11.9.1 FSL Corporation Information
11.9.2 FSL Business Overview
11.9.3 FSL Lighting Product Models, Descriptions and Specifications
11.9.4 FSL Lighting Sales, Price, Revenue and Gross Margin (2020-2025)
11.9.5 FSL Recent Developments
11.10 NVC Lighting
11.10.1 NVC Lighting Corporation Information
11.10.2 NVC Lighting Business Overview
11.10.3 NVC Lighting Lighting Product Models, Descriptions and Specifications
11.10.4 NVC Lighting Lighting Sales, Price, Revenue and Gross Margin (2020-2025)
11.10.5 NVC Lighting Recent Developments
11.11 Pak
11.11.1 Pak Corporation Information
11.11.2 Pak Business Overview
11.11.3 Pak Lighting Product Models, Descriptions and Specifications
11.11.4 Pak Lighting Sales, Price, Revenue and Gross Margin (2020-2025)
11.11.5 Pak Recent Developments
11.12 Unilumin
11.12.1 Unilumin Corporation Information
11.12.2 Unilumin Business Overview
11.12.3 Unilumin Lighting Product Models, Descriptions and Specifications
11.12.4 Unilumin Lighting Sales, Price, Revenue and Gross Margin (2020-2025)
11.12.5 Unilumin Recent Developments
11.13 TCL Lighting
11.13.1 TCL Lighting Corporation Information
11.13.2 TCL Lighting Business Overview
11.13.3 TCL Lighting Lighting Product Models, Descriptions and Specifications
11.13.4 TCL Lighting Lighting Sales, Price, Revenue and Gross Margin (2020-2025)
11.13.5 TCL Lighting Recent Developments
12 Value Chain and Supply-Chain Analysis
12.1 Lighting Industry Chain
12.2 Lighting Upstream Materials Analysis
12.2.1 Raw Materials
12.2.2 Key Suppliers Market Share & Risk Assessment
12.3 Lighting Integrated Production Analysis
12.3.1 Manufacturing Footprint Analysis
12.3.2 Regional Production Market Share (2020-2031)
12.3.3 Regulatory and Trade Policy Impact on Production
12.3.4 Production Technology Overview
12.3.5 Regional Cost Drivers
12.4 Lighting Sales Channels and Distribution Networks
12.4.1 Sales Channels
12.4.2 Distributors
13 Lighting Market Dynamics
13.1 Industry Trends and Evolution
13.2 Market Growth Drivers and Emerging Opportunities
13.3 Market Challenges, Risks, and Restraints
14 Key Findings in the Global Lighting Study
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.1.1 Research Programs/Design
15.1.1.2 Market Size Estimation
15.1.1.3 Market Breakdown and Data Triangulation
15.1.2 Data Source
15.1.2.1 Secondary Sources
15.1.2.2 Primary Sources
15.2 Author Details
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
WHY THIS REPORT
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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