Global Solid-State and Other Energy-Efficient Lighting Market to Reach $219.1 Billion by 2030
The global market for Solid-State and Other Energy-Efficient Lighting estimated at US$154.7 Billion in the year 2022, is projected to reach a revised size of US$219.1 Billion by 2030, growing at a CAGR of 4.4% over the analysis period 2022-2030. Solid-State, one of the segments analyzed in the report, is projected to record 4.9% CAGR and reach US$130.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the HID segment is readjusted to a revised 4.5% CAGR for the next 8-year period.The U.S. Market is Estimated at $45.7 Billion, While China is Forecast to Grow at 4.1% CAGR
The Solid-State and Other Energy-Efficient Lighting market in the U.S. is estimated at US$45.7 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$38.3 Billion by the year 2030 trailing a CAGR of 4.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 3.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.4% CAGR.Select Competitors (Total 54 Featured) -
- Acuity Brands Lighting Inc.
- Advanced Lighting Technologies, Inc. (ADLT)
- Aixtron SE
- Bridgelux, Inc
- Bright Light Systems Inc.
- Cree, Inc.
- Energy Focus, Inc.
- General Electric Company
- Intematix Corporation
- LED Engin, Inc.
- Nichia Corporation
- Osram Licht AG
- Royal Philips Electronics N.V.
- Seoul Semiconductor Co., Ltd.
- TCP International Holdings Ltd.
- Toyoda Gosei Co., Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Acuity Brands Lighting Inc.
- Advanced Lighting Technologies, Inc. (ADLT)
- Aixtron SE
- Bridgelux, Inc
- Bright Light Systems Inc.
- Cree, Inc.
- Energy Focus, Inc.
- General Electric Company
- Intematix Corporation
- LED Engin, Inc.
- Nichia Corporation
- Osram Licht AG
- Royal Philips Electronics N.V.
- Seoul Semiconductor Co., Ltd.
- TCP International Holdings Ltd.
- Toyoda Gosei Co., Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 229 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 154.7 Billion |
Forecasted Market Value ( USD | $ 219.1 Billion |
Compound Annual Growth Rate | 4.4% |
Regions Covered | Global |