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Energy Efficient Lighting Market By Source, By Application: Global Opportunity Analysis and Industry Forecast, 2021-2030

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    Report

  • 230 Pages
  • June 2022
  • Region: Global
  • Allied Market Research
  • ID: 5670993
Description Jump to:
The global energy efficient lighting market was valued at $46,153.8 million in 2021 and is projected to reach $93,303.0 million by 2030, growing at a CAGR of 8.1% from 2022 to 2030.

Increased adoption of energy efficient lights is driving the growth of the global energy efficient lighting market. Furthermore, the leading players are pursuing a variety of strategies in order to secure a dominant position in the global energy efficient lighting market. Investment in smart city projects has increased over time in countries such as Singapore, India, China, Spain, the United Arab Emirates, and Austria. For example, the government of Dubai (UAE) announced the start of a smart city project that includes more than 100 initiatives for developing transportation, communications, and civil infrastructure. Several key players in energy efficient lighting market have initiated to provide smart LEDs to enhance the customer experience.

These lights can be easily controlled by mobile apps like Google assistant, Amazon Alexa, and voice assistants including Siri. The direct use of digital transformation in energy efficient lighting may create enormous opportunities for the global energy efficient lighting market in the coming years.

The global energy efficient lighting market is segmented on the basis of source, application, and region. By source, the market is classified into high-intensity discharge lamps (HID), linear fluorescent lamps (LFL), light emitting diodes (LED) and others. By application, the analysis has been divided into home, commercial and industrial. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in this report include Eaton, Philips, General Electric, Toshiba Corporation, ABB, Schneider Electric, Advanced Lighting Technologies Australia Inc., NICHIA CORPORATION, Bridgelux and Digital Lumens, Inc.

Key Market Segments

By Source

  • High-Intensity Discharge Lamps (HID)
  • Linear Fluorescent Lamps (LFL)
  • Light Emitting Diodes (LED)
  • Others

By Application

  • Home
  • Commercial
  • Industrial

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • United Kingdom
  • Germany
  • France
  • Spain
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • United Arab Emirates
  • South Africa
  • Rest of LAMEA

Key Market Players

  • Eaton Corporation
  • philips lumec
  • General Electric
  • toshiba corporation
  • ABB
  • Schneider Electric
  • advanced lighting technologies australia inc.
  • nichia corporation
  • Bridgelux, Inc.
  • Digital Lumens, Inc.

Table of Contents

CHAPTER 1: INTRODUCTION
1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Top player positioning
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market
3.7.Value Chain Analysis
3.8.Market Share Analysis
3.9.Regulatory Guidelines
3.10.Key Regulation Analysis
3.11.Patent Landscape
CHAPTER 4: ENERGY EFFICIENT LIGHTING MARKET, BY SOURCE
4.1 Overview
4.1.1 Market size and forecast
4.2 High-Intensity Discharge Lamps (HID)
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Linear Fluorescent Lamps (LFL)
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Light Emitting Diodes (LED)
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
4.5 Others
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis by country
CHAPTER 5: ENERGY EFFICIENT LIGHTING MARKET, BY APPLICATION
5.1 Overview
5.1.1 Market size and forecast
5.2 Home
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Commercial
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Industrial
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
CHAPTER 6: ENERGY EFFICIENT LIGHTING MARKET, BY REGION
6.1 Overview
6.1.1 Market size and forecast
6.2 North America
6.2.1 Key trends and opportunities
6.2.2 North America Market size and forecast, by Source
6.2.3 North America Market size and forecast, by Application
6.2.4 North America Market size and forecast, by country
6.2.4.1 U.S.
6.2.4.1.1 Market size and forecast, by Source
6.2.4.1.2 Market size and forecast, by Application
6.2.4.2 Canada
6.2.4.2.1 Market size and forecast, by Source
6.2.4.2.2 Market size and forecast, by Application
6.2.4.3 Mexico
6.2.4.3.1 Market size and forecast, by Source
6.2.4.3.2 Market size and forecast, by Application
6.3 Europe
6.3.1 Key trends and opportunities
6.3.2 Europe Market size and forecast, by Source
6.3.3 Europe Market size and forecast, by Application
6.3.4 Europe Market size and forecast, by country
6.3.4.1 United Kingdom
6.3.4.1.1 Market size and forecast, by Source
6.3.4.1.2 Market size and forecast, by Application
6.3.4.2 Germany
6.3.4.2.1 Market size and forecast, by Source
6.3.4.2.2 Market size and forecast, by Application
6.3.4.3 France
6.3.4.3.1 Market size and forecast, by Source
6.3.4.3.2 Market size and forecast, by Application
6.3.4.4 Spain
6.3.4.4.1 Market size and forecast, by Source
6.3.4.4.2 Market size and forecast, by Application
6.3.4.5 Italy
6.3.4.5.1 Market size and forecast, by Source
6.3.4.5.2 Market size and forecast, by Application
6.3.4.6 Rest of Europe
6.3.4.6.1 Market size and forecast, by Source
6.3.4.6.2 Market size and forecast, by Application
6.4 Asia-Pacific
6.4.1 Key trends and opportunities
6.4.2 Asia-Pacific Market size and forecast, by Source
6.4.3 Asia-Pacific Market size and forecast, by Application
6.4.4 Asia-Pacific Market size and forecast, by country
6.4.4.1 China
6.4.4.1.1 Market size and forecast, by Source
6.4.4.1.2 Market size and forecast, by Application
6.4.4.2 India
6.4.4.2.1 Market size and forecast, by Source
6.4.4.2.2 Market size and forecast, by Application
6.4.4.3 Japan
6.4.4.3.1 Market size and forecast, by Source
6.4.4.3.2 Market size and forecast, by Application
6.4.4.4 South Korea
6.4.4.4.1 Market size and forecast, by Source
6.4.4.4.2 Market size and forecast, by Application
6.4.4.5 Australia
6.4.4.5.1 Market size and forecast, by Source
6.4.4.5.2 Market size and forecast, by Application
6.4.4.6 Rest of Asia-Pacific
6.4.4.6.1 Market size and forecast, by Source
6.4.4.6.2 Market size and forecast, by Application
6.5 LAMEA
6.5.1 Key trends and opportunities
6.5.2 LAMEA Market size and forecast, by Source
6.5.3 LAMEA Market size and forecast, by Application
6.5.4 LAMEA Market size and forecast, by country
6.5.4.1 Brazil
6.5.4.1.1 Market size and forecast, by Source
6.5.4.1.2 Market size and forecast, by Application
6.5.4.2 Saudi Arabia
6.5.4.2.1 Market size and forecast, by Source
6.5.4.2.2 Market size and forecast, by Application
6.5.4.3 United Arab Emirates
6.5.4.3.1 Market size and forecast, by Source
6.5.4.3.2 Market size and forecast, by Application
6.5.4.4 South Africa
6.5.4.4.1 Market size and forecast, by Source
6.5.4.4.2 Market size and forecast, by Application
6.5.4.5 Rest of LAMEA
6.5.4.5.1 Market size and forecast, by Source
6.5.4.5.2 Market size and forecast, by Application
CHAPTER 7: COMPANY LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Key developments
CHAPTER 8: COMPANY PROFILES
8.1 Eaton Corporation
8.1.1 Company overview
8.1.2 Company snapshot
8.1.3 Operating business segments
8.1.4 Product portfolio
8.1.5 Business performance
8.1.6 Key strategic moves and developments
8.2 philips lumec
8.2.1 Company overview
8.2.2 Company snapshot
8.2.3 Operating business segments
8.2.4 Product portfolio
8.2.5 Business performance
8.2.6 Key strategic moves and developments
8.3 General Electric
8.3.1 Company overview
8.3.2 Company snapshot
8.3.3 Operating business segments
8.3.4 Product portfolio
8.3.5 Business performance
8.3.6 Key strategic moves and developments
8.4 toshiba corporation
8.4.1 Company overview
8.4.2 Company snapshot
8.4.3 Operating business segments
8.4.4 Product portfolio
8.4.5 Business performance
8.4.6 Key strategic moves and developments
8.5 ABB
8.5.1 Company overview
8.5.2 Company snapshot
8.5.3 Operating business segments
8.5.4 Product portfolio
8.5.5 Business performance
8.5.6 Key strategic moves and developments
8.6 Schneider Electric
8.6.1 Company overview
8.6.2 Company snapshot
8.6.3 Operating business segments
8.6.4 Product portfolio
8.6.5 Business performance
8.6.6 Key strategic moves and developments
8.7 advanced lighting technologies australia inc.
8.7.1 Company overview
8.7.2 Company snapshot
8.7.3 Operating business segments
8.7.4 Product portfolio
8.7.5 Business performance
8.7.6 Key strategic moves and developments
8.8 nichia corporation
8.8.1 Company overview
8.8.2 Company snapshot
8.8.3 Operating business segments
8.8.4 Product portfolio
8.8.5 Business performance
8.8.6 Key strategic moves and developments
8.9 Bridgelux, Inc.
8.9.1 Company overview
8.9.2 Company snapshot
8.9.3 Operating business segments
8.9.4 Product portfolio
8.9.5 Business performance
8.9.6 Key strategic moves and developments
8.10 Digital Lumens, Inc.
8.10.1 Company overview
8.10.2 Company snapshot
8.10.3 Operating business segments
8.10.4 Product portfolio
8.10.5 Business performance
8.10.6 Key strategic moves and developments
List of Tables
Table 1. Global Energy Efficient Lighting Market, by Source, 2021-2030,($Million)
Table 2. Energy Efficient Lighting Market Revenue, for High-Intensity Discharge Lamps (Hid), by Region , 2021-2030,($Million)
Table 3. Energy Efficient Lighting Market for High-Intensity Discharge Lamps (Hid) by Country, 2021-2030,($Million)
Table 4. Energy Efficient Lighting Market Revenue, for Linear Fluorescent Lamps (Lfl), by Region , 2021-2030,($Million)
Table 5. Energy Efficient Lighting Market for Linear Fluorescent Lamps (Lfl) by Country, 2021-2030,($Million)
Table 6. Energy Efficient Lighting Market Revenue, for Light Emitting Diodes (Led), by Region , 2021-2030,($Million)
Table 7. Energy Efficient Lighting Market for Light Emitting Diodes (Led) by Country, 2021-2030,($Million)
Table 8. Energy Efficient Lighting Market Revenue, for Others, by Region , 2021-2030,($Million)
Table 9. Energy Efficient Lighting Market for Others by Country, 2021-2030,($Million)
Table 10. Global Energy Efficient Lighting Market, by Application, 2021-2030,($Million)
Table 11. Energy Efficient Lighting Market Revenue, for Home, by Region , 2021-2030,($Million)
Table 12. Energy Efficient Lighting Market for Home by Country, 2021-2030,($Million)
Table 13. Energy Efficient Lighting Market Revenue, for Commercial, by Region , 2021-2030,($Million)
Table 14. Energy Efficient Lighting Market for Commercial by Country, 2021-2030,($Million)
Table 15. Energy Efficient Lighting Market Revenue, for Industrial, by Region , 2021-2030,($Million)
Table 16. Energy Efficient Lighting Market for Industrial by Country, 2021-2030,($Million)
Table 17. Energy Efficient Lighting Market, by Region, 2021-2030,($Million)
Table 18. North America Energy Efficient Lighting Market, by Source, 2021-2030,($Million)
Table 19. North America Energy Efficient Lighting Market, by Application, 2021-2030,($Million)
Table 20. North America Energy Efficient Lighting Market, by Country, 2021-2030,($Million)
Table 21. U.S. Energy Efficient Lighting Market, by Source, 2021-2030,($Million)
Table 22. U.S. Energy Efficient Lighting Market, by Application, 2021-2030,($Million)
Table 23. Canada Energy Efficient Lighting Market, by Source, 2021-2030,($Million)
Table 24. Canada Energy Efficient Lighting Market, by Application, 2021-2030,($Million)
Table 25. Mexico Energy Efficient Lighting Market, by Source, 2021-2030,($Million)
Table 26. Mexico Energy Efficient Lighting Market, by Application, 2021-2030,($Million)
Table 27. Europe Energy Efficient Lighting Market, by Source, 2021-2030,($Million)
Table 28. Europe Energy Efficient Lighting Market, by Application, 2021-2030,($Million)
Table 29. Europe Energy Efficient Lighting Market, by Country, 2021-2030,($Million)
Table 30. United Kingdom Energy Efficient Lighting Market, by Source, 2021-2030,($Million)
Table 31. United Kingdom Energy Efficient Lighting Market, by Application, 2021-2030,($Million)
Table 32. Germany Energy Efficient Lighting Market, by Source, 2021-2030,($Million)
Table 33. Germany Energy Efficient Lighting Market, by Application, 2021-2030,($Million)
Table 34. France Energy Efficient Lighting Market, by Source, 2021-2030,($Million)
Table 35. France Energy Efficient Lighting Market, by Application, 2021-2030,($Million)
Table 36. Spain Energy Efficient Lighting Market, by Source, 2021-2030,($Million)
Table 37. Spain Energy Efficient Lighting Market, by Application, 2021-2030,($Million)
Table 38. Italy Energy Efficient Lighting Market, by Source, 2021-2030,($Million)
Table 39. Italy Energy Efficient Lighting Market, by Application, 2021-2030,($Million)
Table 40. Rest of Europe Energy Efficient Lighting Market, by Source, 2021-2030,($Million)
Table 41. Rest of Europe Energy Efficient Lighting Market, by Application, 2021-2030,($Million)
Table 42. Asia-Pacific Energy Efficient Lighting Market, by Source, 2021-2030,($Million)
Table 43. Asia-Pacific Energy Efficient Lighting Market, by Application, 2021-2030,($Million)
Table 44. Asia-Pacific Energy Efficient Lighting Market, by Country, 2021-2030,($Million)
Table 45. China Energy Efficient Lighting Market, by Source, 2021-2030,($Million)
Table 46. China Energy Efficient Lighting Market, by Application, 2021-2030,($Million)
Table 47. India Energy Efficient Lighting Market, by Source, 2021-2030,($Million)
Table 48. India Energy Efficient Lighting Market, by Application, 2021-2030,($Million)
Table 49. Japan Energy Efficient Lighting Market, by Source, 2021-2030,($Million)
Table 50. Japan Energy Efficient Lighting Market, by Application, 2021-2030,($Million)
Table 51. South Korea Energy Efficient Lighting Market, by Source, 2021-2030,($Million)
Table 52. South Korea Energy Efficient Lighting Market, by Application, 2021-2030,($Million)
Table 53. Australia Energy Efficient Lighting Market, by Source, 2021-2030,($Million)
Table 54. Australia Energy Efficient Lighting Market, by Application, 2021-2030,($Million)
Table 55. Rest of Asia-Pacific Energy Efficient Lighting Market, by Source, 2021-2030,($Million)
Table 56. Rest of Asia-Pacific Energy Efficient Lighting Market, by Application, 2021-2030,($Million)
Table 57. LAMEA Energy Efficient Lighting Market, by Source, 2021-2030,($Million)
Table 58. LAMEA Energy Efficient Lighting Market, by Application, 2021-2030,($Million)
Table 59. LAMEA Energy Efficient Lighting Market, by Country, 2021-2030,($Million)
Table 60. Brazil Energy Efficient Lighting Market, by Source, 2021-2030,($Million)
Table 61. Brazil Energy Efficient Lighting Market, by Application, 2021-2030,($Million)
Table 62. Saudi Arabia Energy Efficient Lighting Market, by Source, 2021-2030,($Million)
Table 63. Saudi Arabia Energy Efficient Lighting Market, by Application, 2021-2030,($Million)
Table 64. United Arab Emirates Energy Efficient Lighting Market, by Source, 2021-2030,($Million)
Table 65. United Arab Emirates Energy Efficient Lighting Market, by Application, 2021-2030,($Million)
Table 66. South Africa Energy Efficient Lighting Market, by Source, 2021-2030,($Million)
Table 67. South Africa Energy Efficient Lighting Market, by Application, 2021-2030,($Million)
Table 68. Rest of LAMEA Energy Efficient Lighting Market, by Source, 2021-2030,($Million)
Table 69. Rest of LAMEA Energy Efficient Lighting Market, by Application, 2021-2030,($Million)
Table 70. Eaton Corporation: Company Snapshot
Table 71. Eaton Corporation: Operating Segments
Table 72. Eaton Corporation: Product Portfolio
Table 73. Eaton Corporation: Net Sales
Table 74. Eaton Corporation: Key Stratergies
Table 75. Philips Lumec: Company Snapshot
Table 76. Philips Lumec: Operating Segments
Table 77. Philips Lumec: Product Portfolio
Table 78. Philips Lumec: Net Sales
Table 79. Philips Lumec: Key Stratergies
Table 80. General Electric: Company Snapshot
Table 81. General Electric: Operating Segments
Table 82. General Electric: Product Portfolio
Table 83. General Electric: Net Sales
Table 84. General Electric: Key Stratergies
Table 85. Toshiba Corporation: Company Snapshot
Table 86. Toshiba Corporation: Operating Segments
Table 87. Toshiba Corporation: Product Portfolio
Table 88. Toshiba Corporation: Net Sales
Table 89. Toshiba Corporation: Key Stratergies
Table 90. Abb: Company Snapshot
Table 91. Abb: Operating Segments
Table 92. Abb: Product Portfolio
Table 93. Abb: Net Sales
Table 94. Abb: Key Stratergies
Table 95. Schneider Electric: Company Snapshot
Table 96. Schneider Electric: Operating Segments
Table 97. Schneider Electric: Product Portfolio
Table 98. Schneider Electric: Net Sales
Table 99. Schneider Electric: Key Stratergies
Table 100. Advanced Lighting Technologies Australia Inc.: Company Snapshot
Table 101. Advanced Lighting Technologies Australia Inc.: Operating Segments
Table 102. Advanced Lighting Technologies Australia Inc.: Product Portfolio
Table 103. Advanced Lighting Technologies Australia Inc.: Net Sales
Table 104. Advanced Lighting Technologies Australia Inc.: Key Stratergies
Table 105. Nichia Corporation: Company Snapshot
Table 106. Nichia Corporation: Operating Segments
Table 107. Nichia Corporation: Product Portfolio
Table 108. Nichia Corporation: Net Sales
Table 109. Nichia Corporation: Key Stratergies
Table 110. Bridgelux, Inc.: Company Snapshot
Table 111. Bridgelux, Inc.: Operating Segments
Table 112. Bridgelux, Inc.: Product Portfolio
Table 113. Bridgelux, Inc.: Net Sales
Table 114. Bridgelux, Inc.: Key Stratergies
Table 115. Digital Lumens, Inc.: Company Snapshot
Table 116. Digital Lumens, Inc.: Operating Segments
Table 117. Digital Lumens, Inc.: Product Portfolio
Table 118. Digital Lumens, Inc.: Net Sales
Table 119. Digital Lumens, Inc.: Key Stratergies
List of Figures
Figure 1. Energy Efficient Lighting Market Segmentation
Figure 2. Energy Efficient Lighting Market,2021-2030
Figure 3. Energy Efficient Lighting Market,2021-2030
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Energy Efficient Lighting Market:Drivers, Restraints and Opportunities
Figure 12. Value Chain Analysis
Figure 13. Market Share Analysis
Figure 14. Regulatory Guidelines
Figure 15. Key Regulation Analysis
Figure 16. Patent Analysis by Company
Figure 17. Patent Analysis by Country
Figure 18. Energy Efficient Lighting Market,By Source,2021(%)
Figure 19. Comparative Share Analysis of High-Intensity Discharge Lamps (Hid) Energy Efficient Lighting Market,2021-2030(%)
Figure 20. Comparative Share Analysis of Linear Fluorescent Lamps (Lfl) Energy Efficient Lighting Market,2021-2030(%)
Figure 21. Comparative Share Analysis of Light Emitting Diodes (Led) Energy Efficient Lighting Market,2021-2030(%)
Figure 22. Comparative Share Analysis of Others Energy Efficient Lighting Market,2021-2030(%)
Figure 23. Energy Efficient Lighting Market,By Application,2021(%)
Figure 24. Comparative Share Analysis of Home Energy Efficient Lighting Market,2021-2030(%)
Figure 25. Comparative Share Analysis of Commercial Energy Efficient Lighting Market,2021-2030(%)
Figure 26. Comparative Share Analysis of Industrial Energy Efficient Lighting Market,2021-2030(%)
Figure 27. Energy Efficient Lighting Market by Region,2021
Figure 28. U.S. Energy Efficient Lighting Market,2021-2030($Million)
Figure 29. Canada Energy Efficient Lighting Market,2021-2030($Million)
Figure 30. Mexico Energy Efficient Lighting Market,2021-2030($Million)
Figure 31. United Kingdom Energy Efficient Lighting Market,2021-2030($Million)
Figure 32. Germany Energy Efficient Lighting Market,2021-2030($Million)
Figure 33. France Energy Efficient Lighting Market,2021-2030($Million)
Figure 34. Spain Energy Efficient Lighting Market,2021-2030($Million)
Figure 35. Italy Energy Efficient Lighting Market,2021-2030($Million)
Figure 36. Rest of Europe Energy Efficient Lighting Market,2021-2030($Million)
Figure 37. China Energy Efficient Lighting Market,2021-2030($Million)
Figure 38. India Energy Efficient Lighting Market,2021-2030($Million)
Figure 39. Japan Energy Efficient Lighting Market,2021-2030($Million)
Figure 40. South Korea Energy Efficient Lighting Market,2021-2030($Million)
Figure 41. Australia Energy Efficient Lighting Market,2021-2030($Million)
Figure 42. Rest of Asia-Pacific Energy Efficient Lighting Market,2021-2030($Million)
Figure 43. Brazil Energy Efficient Lighting Market,2021-2030($Million)
Figure 44. Saudi Arabia Energy Efficient Lighting Market,2021-2030($Million)
Figure 45. United Arab Emirates Energy Efficient Lighting Market,2021-2030($Million)
Figure 46. South Africa Energy Efficient Lighting Market,2021-2030($Million)
Figure 47. Rest of LAMEA Energy Efficient Lighting Market,2021-2030($Million)
Figure 48. Top Winning Strategies, by Year
Figure 49. Top Winning Strategies, by Development
Figure 50. Top Winning Strategies, by Company
Figure 51. Product Mapping of Top 10 Players
Figure 52. Competitive Dashboard
Figure 53. Competitive Heatmap of Top 10 Key Players
Figure 54. Eaton Corporation.: Net Sales ,($Million)
Figure 55. Philips Lumec.: Net Sales ,($Million)
Figure 56. General Electric.: Net Sales ,($Million)
Figure 57. Toshiba Corporation.: Net Sales ,($Million)
Figure 58. ABB.: Net Sales ,($Million)
Figure 59. Schneider Electric.: Net Sales ,($Million)
Figure 60. Advanced Lighting Technologies Australia Inc..: Net Sales ,($Million)
Figure 61. Nichia Corporation.: Net Sales ,($Million)
Figure 62. Bridgelux, Inc..: Net Sales ,($Million)
Figure 63. Digital Lumens, Inc..: Net Sales ,($Million)

Executive Summary

According to the report, titled, “Energy Efficient Lighting Market," the energy efficient lighting market was valued at $46.2 billion in 2021, and is estimated to reach $93.3 billion by 2030, growing at a CAGR of 8.1% from 2022 to 2030.

Compared to traditional lighting, energy-efficient lighting helps to reduce electricity demand and is a cost-effective method of lighting. This lighting provides brighter illumination while consuming less energy. It is a replacement for traditional lamps that waste energy in the form of heat and power.

The energy efficeint lighthing gwoth is primarily due to rising infrastructure progress, particularly in developing countries such as China and India. Furthermore, increased emphasis on infrastructure development, including the modification of existing structures and acceptance of smart life, is expected to boost demand for LED solutions. Investment in smart city projects in Singapore, India, China, Spain, the United Arab Emirates, and Austria is also expected to boost the global energy efficient lighting industry. The government of Dubai (UAE), for example, has announced plans to launch a smart city project that will include more than 100 initiatives to improve transportation, communications, and civil infrastructure. Furthermore, one of the critical factors expected to foster the adoption of energy efficient lighting is government support.

The global energy efficient lighting market is segmented on the basis of source, application, and region. By source, the market is classified into high-intensity discharge lamps (HID), linear fluorescent lamps (LFL), light emitting diodes (LED), and others. By application, the analysis has been divided into home, commercial, and industrial. By region, the market is analysed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in this report include Eaton, Philips, General Electric, Toshiba Corporation, ABB, Schneider Electric, Advanced Lighting Technologies Australia Inc., NICHIA CORPORATION, Bridgelux and Digital Lumens, Inc.

The report focuses on the global energy efficient lighting market and the major products & applications, where energy efficient lighting is utilized. It further highlights numerous factors that influence the market growth, such as forecast, trends, drivers, restraints, opportunities, and roles of different key players that shape the market. The report focuses on the overall demand for Energy efficient lighting in various countries, presenting data in terms of both value and volume. The revenue is calculated by proliferating the volume by region-specific prices, considering the region-wise differentiated prices.

IMPACT OF COVID-19 ON THE GLOBAL ENERGY EFFICIENT LIGHTING MARKET

  • The global energy efficient lighting market is predicted to experience slow growth during the COVID-19 pandemic due to the companies incurring losses during the lockdown.
  • The pandemic that began from China took no time to spread to the other parts of the world. The government-imposed shutdown caused disruption in supply chain, as most of the vendors were dependent on China for electronics supply.
  • This resulted in a delay in completion of smart projects and fluctuation in prices of energy efficient lights. The COVID-19 pandemic had a negative impact on the global market in 2020. Construction site lockdowns and temporary suspensions resulted in a drop in demand for energy efficient lighting.
A comprehensive global energy efficient lighting market analysis covers factors that drive and restrain the market growth as well as energy efficient lighting market opportunity.

However, construction activities increased in the second quarter of 2021, with the introduction of new and redesigned projects, resulting in the slow recovery of the energy efficient lighting market.

Key Findings of the Study

  • On the basis of source, the light emitting diodes (LED) emerged as the global leader in 2021 and is anticipated to hold the major be the largest market during the forecast period.
  • On the basis of application, the commercial segment emerged as the global leader in 2021 and is anticipated to be the largest market during the forecast period.
  • On the basis of region, Europe is projected to have the fastest growth rate in the energy efficient lighting market during the forecast period.

Companies Mentioned

  • Eaton Corporation
  • Philips Lumec
  • General Electric
  • Toshiba Corporation
  • Abb
  • Schneider Electric
  • Advanced Lighting Technologies Australia Inc.
  • Nichia Corporation
  • Bridgelux, Inc.
  • Digital Lumens, Inc.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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Table Information

Report AttributeDetails
No. of Pages230
PublishedJune 2022
Forecast Period2021 - 2030
Estimated Market Value ( USD ) in 2021 $ 46153.8 million
Forecasted Market Value ( USD ) by 2030 $ 93303 million
Compound Annual Growth Rate8.1%
Regions CoveredGlobal
No. of Companies Mentioned10

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