REPORT OUTLOOK
Market Size | CAGR | Dominating Region |
---|---|---|
USD 195.11 Billion | 11.50% | Asia Pacific |
By Product | By End User | By Application |
---|---|---|
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|
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SCOPE OF THE REPORT
LED Lighting Market Overview
The LED lighting market is expected to grow at 11.50% CAGR from 2022 to 2029. It is expected to reach above USD 195.11 Billion by 2029 from USD 73.25 Billion in 2020.
LED lighting, or Light Emitting Diode lighting, is a type of lighting technology that uses semiconductor diode to emit light when an electric current passes through them. LEDs are energy-efficient, long-lasting, and versatile, making them popular for a wide range of lighting applications. LEDs work by converting electrical energy directly into light through a process called electroluminescence. When a voltage is applied to the diode, electrons in the semiconductor material recombine with electron holes, releasing energy in the form of light. The color of the light emitted by an LED can be controlled by adjusting the composition of the semiconductor material.
Energy conservation and environmental sustainability are key drivers of the LED lighting market. As awareness and emphasis on energy conservation and sustainability increase, there is a growing demand for LED lighting as an energy-efficient and eco-friendly lighting solution. Government regulations and incentives, advancements in LED technology, declining costs, consumer demand for smart lighting, expansion of applications beyond traditional lighting, and urbanization are contributing factors to the adoption of LED lighting. LEDs offer high energy efficiency, long lifespan, and lower environmental impact compared to traditional lighting technologies, aligning with the goals of energy conservation and environmental sustainability. These drivers are shaping the growth and development of the LED lighting market globally, as more consumers and businesses prioritize environmentally responsible lighting choices.
ATTRIBUTE | DETAILS |
Study period | 2020-2029 |
Base year | 2021 |
Estimated year | 2022 |
Forecasted year | 2022-2029 |
Historical period | 2018-2020 |
Unit | Value (USD Billion), (Thousand Units). |
Segmentation | By Product, By Application, By Application, By Region |
By Product |
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By End User |
|
By Application |
|
By Region |
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Poor quality LED lighting products can have several negative impacts, including performance issues, shorter lifespan, safety risks, lack of reliability, and negative impact on brand reputation. These concerns may arise due to subpar components, inadequate manufacturing processes, poor thermal management, or lack of adherence to industry standards and certifications. To address quality concerns in the LED lighting market, it is crucial for manufacturers, suppliers, and end-users to prioritize adherence to industry standards, certifications, and best practices in LED manufacturing, testing, and quality control. Investing in high-quality components, robust thermal management, and stringent manufacturing processes can ensure reliable and durable LED lighting products. Educating consumers and businesses about the importance of choosing high-quality LED lighting products and working with reputable manufacturers and suppliers can also help mitigate quality concerns and foster market growth. Additionally, industry collaborations, regulatory oversight, and certification programs can play a role in ensuring the quality and performance of LED lighting products in the market.
Smart lighting and IoT integration are a significant opportunity in the LED lighting market. The convergence of LED lighting with Internet of Things (IoT) technology allows for remote control, automation, and customization of lighting systems. This enables energy optimization, advanced functionalities, and connected lighting solutions. The adoption of smart lighting for residential, commercial, and outdoor applications is expected to grow as demand increases for energy-efficient and intelligent lighting solutions that can be integrated into smart homes, buildings, and cities. This presents an opportunity for LED lighting manufacturers to develop innovative smart lighting products and solutions to meet the evolving needs of the market.
The COVID-19 pandemic had negative impacts on the LED lighting market, including supply chain disruptions, reduced demand in some sectors, and economic uncertainties. Lockdowns, travel restrictions, and workforce limitations disrupted the global supply chain, leading to delays and shortages of LED lighting components and finished products. The closures of businesses, offices, hotels, and other commercial spaces during lockdowns resulted in reduced demand for LED lighting in these sectors. Delayed or cancelled construction projects and reduced consumer spending on non-essential items also impacted the demand for LED lighting in residential applications. The economic uncertainties caused by the pandemic, including reduced consumer purchasing power and budget constraints, further dampened the demand for LED lighting products. These negative impacts highlight the challenges faced by the LED lighting market during the pandemic, which may continue to have lingering effects in the post-pandemic recovery phase.
LED Lighting Market Segment Analysis
LED lamps refer to the replacement bulbs that are designed to retrofit traditional incandescent, halogen, or fluorescent lamps with LED technology. LED lamps are available in various shapes and sizes, including A-type (bulb-shaped), PAR (parabolic aluminized reflector) lamps, and MR16 (multifaceted reflector) lamps, among others. LED lamps are popular due to their long lifespan, energy efficiency, and versatility for use in various applications, such as residential, commercial, and outdoor lighting.
The residential sector includes homes, apartments, and other residential buildings. Within this segment, A-type LED lamps (bulb-shaped) are a dominant sub-segment. A-type LED lamps are designed to retrofit traditional incandescent or CFL bulbs in residential lighting fixtures, such as table lamps, floor lamps, and ceiling fixtures. They are popular due to their energy efficiency, long lifespan, and ease of installation.
Indoor LED lighting finds applications in various settings such as residential, commercial, and industrial spaces. This includes lighting for homes, offices, retail stores, hospitals, schools, hotels, warehouses, factories, and other indoor environments. LED lamps, fixtures, downlights, troffers, strip lights, and other types of indoor LED lighting products are used to provide general illumination, accent lighting, task lighting, and decorative lighting in indoor spaces.
LED Lighting Market Players
The LED lighting market key players include Cree, Inc., Everlight Electronics Co., Ltd., General Electric Company, LG Innotek Co. Ltd., Heliospectra, Lumileds Holding B.V., Nichia Corporation, Koninklijke Philips N.V., Osram Licht AG, Seoul Semiconductor Co. Ltd.
Industrial Development:
February 2023 – Heliospectra  introduced MITRA Flex, a revolutionary flexible far-red light for application-based growing. The new solutions provide customers with three spectra in one without sacrificing power, making it ideal for specialized and application-based growing, such as far-red light treatments at the end of the day or the end of production, or to guarantee a healthy crop all year long, even during low light seasons.
January 2023 – Nichia Corporation and Infineon Technologies AG announced the launch of the industry’s first fully integrated micro-LED (µPLS light engine) light engine for high-definition (HD) adaptive driving beam applications. The µPLS light engine uses Nichia’s unique in-house LED chip, micro-LED technology, and an integrated LED driver IC from Infineon that can drive all 16,384 micro-LEDs individually using pulse-width modulation (PWM) control.
Who Should Buy? Or Key stakeholders
- Construction Companies
- LED Manufacturer
- Government Organizations
- Raw Material Manufacturer
- Supplier and Distributor
- Research Organizations
- Investors
- Regulatory Authorities
- Others
LED Lighting Market Regional Analysis
The LED Lighting Market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
- North America: includes the US, Canada, Mexico
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN and Rest of APAC
- Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
- South America: includes Brazil, Argentina and Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA
The Asia Pacific region has emerged as a dominant market in the LED lighting industry. Factors such as rapid urbanization, increasing infrastructure development, and growing industrialization in countries like China, India, Japan, and South Korea have fueled the demand for LED lighting products in the region. The Asia Pacific market has been driven by favorable government initiatives promoting energy-efficient lighting solutions and the presence of key LED lighting manufacturers. Additionally, rising awareness among consumers about the benefits of LED lighting, such as lower energy consumption, longer lifespan, and reduced maintenance costs, has further propelled the market’s growth in the Asia Pacific region. As a result, the Asia Pacific region has been a significant market for LED lighting, with a strong market share in the global LED lighting industry.
North America has been a significant market for LED lighting, with the US and Canada driving demand. Stringent energy efficiency regulations, incentives for energy-efficient lighting, and increasing consumer awareness about the benefits of LED lighting have contributed to the region’s market growth. LED lighting products are widely adopted in various applications, including residential, commercial, and industrial, in North America. As a result, North America has played a pivotal role in the global LED lighting market, showcasing substantial market presence and demand for LED lighting solutions.
Key Market Segments: LED Lighting Market
LED Lighting Market By Product, 2020-2029, (USD Billion), (Thousand Units).
- LED Lamps
- LED Fixtures
LED Lighting Market By End User, 2020-2029, (USD Billion), (Thousand Units).
- Industrial
- Commercial
- Residential
LED Lighting Market By Application, 2020-2029, (USD Billion), (Thousand Units).
- Indoor Lighting
- Outdoor Lighting
LED Lighting Market By Region, 2020-2029, (USD Billion), (Thousand Units).
- North America
- Asia Pacific
- Europe
- South America
- Middle East And Africa
Important Countries In All Regions Are Covered.
Key Question Answered
- What is the expected growth rate of the LED lighting market over the next 7 years?
- Who are the major players in the LED lighting market and what is their market share?
- What are the end-user industries driving demand for market and what is their outlook?
- What are the opportunities for growth in emerging markets such as Asia-pacific, middle east, and Africa?
- How is the economic environment affecting the LED lighting market, including factors such as interest rates, inflation, and exchange rates?
- What is the expected impact of government policies and regulations on the LED lighting market?
- What is the current and forecasted size and growth rate of the global LED lighting market?
- What are the key drivers of growth in the LED lighting market?
- Who are the major players in the market and what is their market share?
- What are the distribution channels and supply chain dynamics in the LED lighting market?
- What are the technological advancements and innovations in the LED lighting market and their impact on product development and growth?
- What are the regulatory considerations and their impact on the market?
- What are the challenges faced by players in the LED lighting market and how are they addressing these challenges?
- What are the opportunities for growth and expansion in the LED lighting market?
- What are the products offerings and specifications of leading players in the market?
 Exactitude Consultancy Services Key Objectives:
- Increasing sales and market share
- Developing new technology
- Improving profitability
- Entering new markets
- Enhancing brand reputation
Table of Content
- INTRODUCTION
- MARKET DEFINITION
- MARKET SEGMENTATION
- RESEARCH TIMELINES
- ASSUMPTIONS AND LIMITATIONS
- RESEARCH METHODOLOGY
- DATA MINING
- SECONDARY RESEARCH
- PRIMARY RESEARCH
- SUBJECT-MATTER EXPERTS’ ADVICE
- QUALITY CHECKS
- FINAL REVIEW
- DATA TRIANGULATION
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- RESEARCH FLOW
- DATA SOURCES
- DATA MINING
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GLOBAL LED LIGHTING MARKET OUTLOOK
- MARKET DRIVERS
- MARKET RESTRAINTS
- MARKET OPPORTUNITIES
- IMPACT OF COVID-19 ON LED LIGHTING MARKET
- PORTER’S FIVE FORCES MODEL
- THREAT FROM NEW ENTRANTS
- THREAT FROM SUBSTITUTES
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF CUSTOMERS
- DEGREE OF COMPETITION
- INDUSTRY VALUE CHAIN ANALYSIS
- GLOBAL LED LIGHTING MARKET OUTLOOK
- GLOBAL LED LIGHTING MARKET BY PRODUCT, 2020-2029, (USD BILLION), (THOUSAND UNITS)
- LED LAMPS
- LED FIXTURES
- GLOBAL LED LIGHTING MARKET BY END USER, 2020-2029, (USD BILLION), (THOUSAND UNITS)
- INDUSTRIAL
- COMMERCIAL
- RESIDENTIAL
- GLOBAL LED LIGHTING MARKET BY APPLICATION, 2020-2029, (USD BILLION), (THOUSAND UNITS)
- INDOOR LIGHTING
- OUTDOOR LIGHTING
- GLOBAL LED LIGHTING MARKET BY REGION, 2020-2029, (USD BILLION), (THOUSAND UNITS)
- NORTH AMERICA
- US
- CANADA
- MEXICO
- SOUTH AMERICA
- BRAZIL
- ARGENTINA
- COLOMBIA
- REST OF SOUTH AMERICA
- EUROPE
- GERMANY
- UK
- FRANCE
- ITALY
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA PACIFIC
- INDIA
- CHINA
- JAPAN
- SOUTH KOREA
- AUSTRALIA
- SOUTH-EAST ASIA
- REST OF ASIA PACIFIC
- MIDDLE EAST AND AFRICA
- UAE
- SAUDI ARABIA
- SOUTH AFRICA
- REST OF MIDDLE EAST AND AFRICA
- NORTH AMERICA
- COMPANY PROFILES* (BUSINESS OVERVIEW, COMPANY SNAPSHOT, PRODUCTS OFFERED, RECENT DEVELOPMENTS)
- CREE INC.
- EVERLIGHT ELECTRONICS CO. LTD.
- GENERAL ELECTRIC COMPANY
- LG INNOTEK CO. LTD.
- HELIOSPECTRA
- LUMILEDS HOLDING B.V.
- NICHIA CORPORATION
- KONINKLIJKE PHILIPS N.V.
- Â OSRAM LICHT AG
- SEOUL SEMICONDUCTOR CO. LTD.*THE COMPANY LIST IS INDICATIVE
LIST OF TABLES
TABLE 1Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL LED LIGHTING MARKET BY PRODUCT (USD BILLION) 2020-2029
TABLE 2Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL LED LIGHTING MARKET BY PRODUCT (THOUSAND UNITS) 2020-2029
TABLE 3Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL LED LIGHTING MARKET BY END USER (USD BILLION) 2020-2029
TABLE 4Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL LED LIGHTING MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 5Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL LED LIGHTING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 6Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL LED LIGHTING MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 7Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL LED LIGHTING MARKET BY REGION (USD BILLION) 2020-2029
TABLE 8Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL LED LIGHTING MARKET BY REGION (THOUSAND UNITS) 2020-2029
TABLE 9Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA LED LIGHTING MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 10Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA LED LIGHTING MARKET BY COUNTRY (THOUSAND UNITS) 2020-2029
TABLE 11Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA LED LIGHTING MARKET BY PRODUCT (USD BILLION) 2020-2029
TABLE 12Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA LED LIGHTING MARKET BY PRODUCT (THOUSAND UNITS) 2020-2029
TABLE 13Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA LED LIGHTING MARKET BY END USER (USD BILLION) 2020-2029
TABLE 14Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA LED LIGHTING MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 15Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA LED LIGHTING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 16Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA LED LIGHTING MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 17Â Â Â Â Â Â Â Â Â Â Â Â Â US LED LIGHTING MARKET BY PRODUCT (USD BILLION) 2020-2029
TABLE 18Â Â Â Â Â Â Â Â Â Â Â Â Â US LED LIGHTING MARKET BY PRODUCT (THOUSAND UNITS) 2020-2029
TABLE 19Â Â Â Â Â Â Â Â Â Â Â Â Â US LED LIGHTING MARKET BY END USER (USD BILLION) 2020-2029
TABLE 20Â Â Â Â Â Â Â Â Â Â Â Â Â US LED LIGHTING MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 21Â Â Â Â Â Â Â Â Â Â Â Â Â US LED LIGHTING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 22Â Â Â Â Â Â Â Â Â Â Â Â Â US LED LIGHTING MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 23Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA LED LIGHTING MARKET BY PRODUCT (USD BILLION) 2020-2029
TABLE 24Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA LED LIGHTING MARKET BY PRODUCT (THOUSAND UNITS) 2020-2029
TABLE 25Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA LED LIGHTING MARKET BY END USER (USD BILLION) 2020-2029
TABLE 26Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA LED LIGHTING MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 27Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA LED LIGHTING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 28Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA LED LIGHTING MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 29Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO LED LIGHTING MARKET BY PRODUCT (USD BILLION) 2020-2029
TABLE 30Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO LED LIGHTING MARKET BY PRODUCT (THOUSAND UNITS) 2020-2029
TABLE 31Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO LED LIGHTING MARKET BY END USER (USD BILLION) 2020-2029
TABLE 32Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO LED LIGHTING MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 33Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO LED LIGHTING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 34Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO LED LIGHTING MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 35Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA LED LIGHTING MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 36Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA LED LIGHTING MARKET BY COUNTRY (THOUSAND UNITS) 2020-2029
TABLE 37Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA LED LIGHTING MARKET BY PRODUCT (USD BILLION) 2020-2029
TABLE 38Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA LED LIGHTING MARKET BY PRODUCT (THOUSAND UNITS) 2020-2029
TABLE 39Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA LED LIGHTING MARKET BY END USER (USD BILLION) 2020-2029
TABLE 40Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA LED LIGHTING MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 41Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA LED LIGHTING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 42Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA LED LIGHTING MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 43Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL LED LIGHTING MARKET BY PRODUCT (USD BILLION) 2020-2029
TABLE 44Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL LED LIGHTING MARKET BY PRODUCT (THOUSAND UNITS) 2020-2029
TABLE 45Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL LED LIGHTING MARKET BY END USER (USD BILLION) 2020-2029
TABLE 46Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL LED LIGHTING MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 47Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL LED LIGHTING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 48Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL LED LIGHTING MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 49Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA LED LIGHTING MARKET BY PRODUCT (USD BILLION) 2020-2029
TABLE 50Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA LED LIGHTING MARKET BY PRODUCT (THOUSAND UNITS) 2020-2029
TABLE 51Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA LED LIGHTING MARKET BY END USER (USD BILLION) 2020-2029
TABLE 52Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA LED LIGHTING MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 53Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA LED LIGHTING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 54Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA LED LIGHTING MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 55Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA LED LIGHTING MARKET BY PRODUCT (USD BILLION) 2020-2029
TABLE 56Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA LED LIGHTING MARKET BY PRODUCT (THOUSAND UNITS) 2020-2029
TABLE 57Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA LED LIGHTING MARKET BY END USER (USD BILLION) 2020-2029
TABLE 58Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA LED LIGHTING MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 59Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA LED LIGHTING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 60Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA LED LIGHTING MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 61Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA LED LIGHTING MARKET BY PRODUCT (USD BILLION) 2020-2029
TABLE 62Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA LED LIGHTING MARKET BY PRODUCT (THOUSAND UNITS) 2020-2029
TABLE 63Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA LED LIGHTING MARKET BY END USER (USD BILLION) 2020-2029
TABLE 64Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA LED LIGHTING MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 65Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA LED LIGHTING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 66Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA LED LIGHTING MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 67Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC LED LIGHTING MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 68Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC LED LIGHTING MARKET BY COUNTRY (THOUSAND UNITS) 2020-2029
TABLE 69Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC LED LIGHTING MARKET BY PRODUCT (USD BILLION) 2020-2029
TABLE 70Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC LED LIGHTING MARKET BY PRODUCT (THOUSAND UNITS) 2020-2029
TABLE 71Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC LED LIGHTING MARKET BY END USER (USD BILLION) 2020-2029
TABLE 72Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC LED LIGHTING MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 73Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC LED LIGHTING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 74Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC LED LIGHTING MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 75Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA LED LIGHTING MARKET BY PRODUCT (USD BILLION) 2020-2029
TABLE 76Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA LED LIGHTING MARKET BY PRODUCT (THOUSAND UNITS) 2020-2029
TABLE 77Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA LED LIGHTING MARKET BY END USER (USD BILLION) 2020-2029
TABLE 78Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA LED LIGHTING MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 79Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA LED LIGHTING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 80Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA LED LIGHTING MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 81Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA LED LIGHTING MARKET BY PRODUCT (USD BILLION) 2020-2029
TABLE 82Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA LED LIGHTING MARKET BY PRODUCT (THOUSAND UNITS) 2020-2029
TABLE 83Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA LED LIGHTING MARKET BY END USER (USD BILLION) 2020-2029
TABLE 84Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA LED LIGHTING MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 85Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA LED LIGHTING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 86Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA LED LIGHTING MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 87Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN LED LIGHTING MARKET BY PRODUCT (USD BILLION) 2020-2029
TABLE 88Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN LED LIGHTING MARKET BY PRODUCT (THOUSAND UNITS) 2020-2029
TABLE 89Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN LED LIGHTING MARKET BY END USER (USD BILLION) 2020-2029
TABLE 90Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN LED LIGHTING MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 91Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN LED LIGHTING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 92Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN LED LIGHTING MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 93Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA LED LIGHTING MARKET BY PRODUCT (USD BILLION) 2020-2029
TABLE 94Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA LED LIGHTING MARKET BY PRODUCT (THOUSAND UNITS) 2020-2029
TABLE 95Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA LED LIGHTING MARKET BY END USER (USD BILLION) 2020-2029
TABLE 96Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA LED LIGHTING MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 97Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA LED LIGHTING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 98Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA LED LIGHTING MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 99Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA LED LIGHTING MARKET BY PRODUCT (USD BILLION) 2020-2029
TABLE 100Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA LED LIGHTING MARKET BY PRODUCT (THOUSAND UNITS) 2020-2029
TABLE 101Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA LED LIGHTING MARKET BY END USER (USD BILLION) 2020-2029
TABLE 102Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA LED LIGHTING MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 103Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA LED LIGHTING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 104Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA LED LIGHTING MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 105Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA LED LIGHTING MARKET BY PRODUCT (USD BILLION) 2020-2029
TABLE 106Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA LED LIGHTING MARKET BY PRODUCT (THOUSAND UNITS) 2020-2029
TABLE 107Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA LED LIGHTING MARKET BY END USER (USD BILLION) 2020-2029
TABLE 108Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA LED LIGHTING MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 109Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA LED LIGHTING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 110Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA LED LIGHTING MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 111Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC LED LIGHTING MARKET BY PRODUCT (USD BILLION) 2020-2029
TABLE 112Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC LED LIGHTING MARKET BY PRODUCT (THOUSAND UNITS) 2020-2029
TABLE 113Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC LED LIGHTING MARKET BY END USER (USD BILLION) 2020-2029
TABLE 114Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC LED LIGHTING MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 115Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC LED LIGHTING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 116Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC LED LIGHTING MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 117Â Â Â Â Â Â Â Â Â Â Â EUROPE LED LIGHTING MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 118Â Â Â Â Â Â Â Â Â Â Â EUROPE LED LIGHTING MARKET BY COUNTRY (THOUSAND UNITS) 2020-2029
TABLE 119Â Â Â Â Â Â Â Â Â Â Â EUROPE LED LIGHTING MARKET BY PRODUCT (USD BILLION) 2020-2029
TABLE 120Â Â Â Â Â Â Â Â Â Â Â EUROPE LED LIGHTING MARKET BY PRODUCT (THOUSAND UNITS) 2020-2029
TABLE 121Â Â Â Â Â Â Â Â Â Â Â EUROPE LED LIGHTING MARKET BY END USER (USD BILLION) 2020-2029
TABLE 122Â Â Â Â Â Â Â Â Â Â Â EUROPE LED LIGHTING MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 123Â Â Â Â Â Â Â Â Â Â Â EUROPE LED LIGHTING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 124Â Â Â Â Â Â Â Â Â Â Â EUROPE LED LIGHTING MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 125Â Â Â Â Â Â Â Â Â Â Â GERMANY LED LIGHTING MARKET BY PRODUCT (USD BILLION) 2020-2029
TABLE 126Â Â Â Â Â Â Â Â Â Â Â GERMANY LED LIGHTING MARKET BY PRODUCT (THOUSAND UNITS) 2020-2029
TABLE 127Â Â Â Â Â Â Â Â Â Â Â GERMANY LED LIGHTING MARKET BY END USER (USD BILLION) 2020-2029
TABLE 128Â Â Â Â Â Â Â Â Â Â Â GERMANY LED LIGHTING MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 129Â Â Â Â Â Â Â Â Â Â Â GERMANY LED LIGHTING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 130Â Â Â Â Â Â Â Â Â Â Â GERMANY LED LIGHTING MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 131Â Â Â Â Â Â Â Â Â Â Â UK LED LIGHTING MARKET BY PRODUCT (USD BILLION) 2020-2029
TABLE 132Â Â Â Â Â Â Â Â Â Â Â UK LED LIGHTING MARKET BY PRODUCT (THOUSAND UNITS) 2020-2029
TABLE 133Â Â Â Â Â Â Â Â Â Â Â UK LED LIGHTING MARKET BY END USER (USD BILLION) 2020-2029
TABLE 134Â Â Â Â Â Â Â Â Â Â Â UK LED LIGHTING MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 135Â Â Â Â Â Â Â Â Â Â Â UK LED LIGHTING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 136Â Â Â Â Â Â Â Â Â Â Â UK LED LIGHTING MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 137Â Â Â Â Â Â Â Â Â Â Â FRANCE LED LIGHTING MARKET BY PRODUCT (USD BILLION) 2020-2029
TABLE 138Â Â Â Â Â Â Â Â Â Â Â FRANCE LED LIGHTING MARKET BY PRODUCT (THOUSAND UNITS) 2020-2029
TABLE 139Â Â Â Â Â Â Â Â Â Â Â FRANCE LED LIGHTING MARKET BY END USER (USD BILLION) 2020-2029
TABLE 140Â Â Â Â Â Â Â Â Â Â Â FRANCE LED LIGHTING MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 141Â Â Â Â Â Â Â Â Â Â Â FRANCE LED LIGHTING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 142Â Â Â Â Â Â Â Â Â Â Â FRANCE LED LIGHTING MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 143Â Â Â Â Â Â Â Â Â Â Â ITALY LED LIGHTING MARKET BY PRODUCT (USD BILLION) 2020-2029
TABLE 144Â Â Â Â Â Â Â Â Â Â Â ITALY LED LIGHTING MARKET BY PRODUCT (THOUSAND UNITS) 2020-2029
TABLE 145Â Â Â Â Â Â Â Â Â Â Â ITALY LED LIGHTING MARKET BY END USER (USD BILLION) 2020-2029
TABLE 146Â Â Â Â Â Â Â Â Â Â Â ITALY LED LIGHTING MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 147Â Â Â Â Â Â Â Â Â Â Â ITALY LED LIGHTING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 148Â Â Â Â Â Â Â Â Â Â Â ITALY LED LIGHTING MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 149Â Â Â Â Â Â Â Â Â Â Â SPAIN LED LIGHTING MARKET BY PRODUCT (USD BILLION) 2020-2029
TABLE 150Â Â Â Â Â Â Â Â Â Â Â SPAIN LED LIGHTING MARKET BY PRODUCT (THOUSAND UNITS) 2020-2029
TABLE 151Â Â Â Â Â Â Â Â Â Â Â SPAIN LED LIGHTING MARKET BY END USER (USD BILLION) 2020-2029
TABLE 152Â Â Â Â Â Â Â Â Â Â Â SPAIN LED LIGHTING MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 153Â Â Â Â Â Â Â Â Â Â Â SPAIN LED LIGHTING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 154Â Â Â Â Â Â Â Â Â Â Â SPAIN LED LIGHTING MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 155Â Â Â Â Â Â Â Â Â Â Â RUSSIA LED LIGHTING MARKET BY PRODUCT (USD BILLION) 2020-2029
TABLE 156Â Â Â Â Â Â Â Â Â Â Â RUSSIA LED LIGHTING MARKET BY PRODUCT (THOUSAND UNITS) 2020-2029
TABLE 157Â Â Â Â Â Â Â Â Â Â Â RUSSIA LED LIGHTING MARKET BY END USER (USD BILLION) 2020-2029
TABLE 158Â Â Â Â Â Â Â Â Â Â Â RUSSIA LED LIGHTING MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 159Â Â Â Â Â Â Â Â Â Â Â RUSSIA LED LIGHTING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 160Â Â Â Â Â Â Â Â Â Â Â RUSSIA LED LIGHTING MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 161Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE LED LIGHTING MARKET BY PRODUCT (USD BILLION) 2020-2029
TABLE 162Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE LED LIGHTING MARKET BY PRODUCT (THOUSAND UNITS) 2020-2029
TABLE 163Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE LED LIGHTING MARKET BY END USER (USD BILLION) 2020-2029
TABLE 164Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE LED LIGHTING MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 165Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE LED LIGHTING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 166Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE LED LIGHTING MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 167Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA LED LIGHTING MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 168Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA LED LIGHTING MARKET BY COUNTRY (THOUSAND UNITS) 2020-2029
TABLE 169Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA LED LIGHTING MARKET BY PRODUCT (USD BILLION) 2020-2029
TABLE 170Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA LED LIGHTING MARKET BY PRODUCT (THOUSAND UNITS) 2020-2029
TABLE 171Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA LED LIGHTING MARKET BY END USER (USD BILLION) 2020-2029
TABLE 172Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA LED LIGHTING MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 173Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA LED LIGHTING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 174Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA LED LIGHTING MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 175Â Â Â Â Â Â Â Â Â Â Â UAE LED LIGHTING MARKET BY PRODUCT (USD BILLION) 2020-2029
TABLE 176Â Â Â Â Â Â Â Â Â Â Â UAE LED LIGHTING MARKET BY PRODUCT (THOUSAND UNITS) 2020-2029
TABLE 177Â Â Â Â Â Â Â Â Â Â Â UAE LED LIGHTING MARKET BY END USER (USD BILLION) 2020-2029
TABLE 178Â Â Â Â Â Â Â Â Â Â Â UAE LED LIGHTING MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 179Â Â Â Â Â Â Â Â Â Â Â UAE LED LIGHTING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 180Â Â Â Â Â Â Â Â Â Â Â UAE LED LIGHTING MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 181Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA LED LIGHTING MARKET BY PRODUCT (USD BILLION) 2020-2029
TABLE 182Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA LED LIGHTING MARKET BY PRODUCT (THOUSAND UNITS) 2020-2029
TABLE 183Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA LED LIGHTING MARKET BY END USER (USD BILLION) 2020-2029
TABLE 184Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA LED LIGHTING MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 185Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA LED LIGHTING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 186Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA LED LIGHTING MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 187Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA LED LIGHTING MARKET BY PRODUCT (USD BILLION) 2020-2029
TABLE 188Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA LED LIGHTING MARKET BY PRODUCT (THOUSAND UNITS) 2020-2029
TABLE 189Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA LED LIGHTING MARKET BY END USER (USD BILLION) 2020-2029
TABLE 190Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA LED LIGHTING MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 191Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA LED LIGHTING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 192Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA LED LIGHTING MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 193Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA LED LIGHTING MARKET BY PRODUCT (USD BILLION) 2020-2029
TABLE 194Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA LED LIGHTING MARKET BY PRODUCT (THOUSAND UNITS) 2020-2029
TABLE 195Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA LED LIGHTING MARKET BY END USER (USD BILLION) 2020-2029
TABLE 196Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA LED LIGHTING MARKET BY END USER (THOUSAND UNITS) 2020-2029
TABLE 197Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA LED LIGHTING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 198Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA LED LIGHTING MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
LIST OF FIGURES
FIGURE 1Â Â Â Â Â Â Â Â Â Â Â Â Â MARKET DYNAMICS
FIGURE 2Â Â Â Â Â Â Â Â Â Â Â Â Â MARKET SEGMENTATION
FIGURE 3Â Â Â Â Â Â Â Â Â Â Â Â Â REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4Â Â Â Â Â Â Â Â Â Â Â Â Â DATA TRIANGULATION
FIGURE 5Â Â Â Â Â Â Â Â Â Â Â Â Â BOTTOM-UP APPROACH
FIGURE 6Â Â Â Â Â Â Â Â Â Â Â Â Â TOP-DOWN APPROACH
FIGURE 7Â Â Â Â Â Â Â Â Â Â Â Â Â RESEARCH FLOW
FIGURE 8Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL LED LIGHTING MARKET BY PRODUCT, USD BILLION, 2020-2029
FIGURE 9Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL LED LIGHTING MARKET BY END USER, USD BILLION, 2020-2029
FIGURE 10Â Â Â Â Â Â Â Â Â Â GLOBAL LED LIGHTING MARKET BY APPLICATION, USD BILLION, 2020-2029
FIGURE 11Â Â Â Â Â Â Â Â Â Â GLOBAL LED LIGHTING MARKET BY REGION, USD BILLION, 2020-2029
FIGURE 12          PORTER’S FIVE FORCES MODEL
FIGURE 13Â Â Â Â Â Â Â Â Â Â GLOBAL LED LIGHTING MARKET BY PRODUCT, USD BILLION, 2021
FIGURE 14Â Â Â Â Â Â Â Â Â Â GLOBAL LED LIGHTING MARKET BY END USER, USD BILLION, 2021
FIGURE 15Â Â Â Â Â Â Â Â Â Â GLOBAL LED LIGHTING MARKET BY APPLICATION, USD BILLION, 2021
FIGURE 16Â Â Â Â Â Â Â Â Â Â GLOBAL LED LIGHTING MARKET BY REGION, USD BILLION, 2021
FIGURE 17Â Â Â Â Â Â Â Â Â Â NORTH AMERICA LED LIGHTING MARKET SNAPSHOT
FIGURE 18Â Â Â Â Â Â Â Â Â Â EUROPE LED LIGHTING MARKET SNAPSHOT
FIGURE 19Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA LED LIGHTING MARKET SNAPSHOT
FIGURE 20Â Â Â Â Â Â Â Â Â Â ASIA PACIFIC LED LIGHTING MARKET SNAPSHOT
FIGURE 21Â Â Â Â Â Â Â Â Â Â MIDDLE EAST ASIA AND AFRICA LED LIGHTING MARKET SNAPSHOT
FIGURE 22Â Â Â Â Â Â Â Â Â Â MARKET SHARE ANALYSIS
FIGURE 23Â Â Â Â Â Â Â Â Â Â CREE INC.: COMPANY SNAPSHOT
FIGURE 24Â Â Â Â Â Â Â Â Â Â EVERLIGHT ELECTRONICS CO. LTD.: COMPANY SNAPSHOT
FIGURE 25Â Â Â Â Â Â Â Â Â Â GENERAL ELECTRIC COMPANY: COMPANY SNAPSHOT
FIGURE 26Â Â Â Â Â Â Â Â Â Â LG INNOTEK CO. LTD.: COMPANY SNAPSHOT
FIGURE 27Â Â Â Â Â Â Â Â Â Â HELIOSPECTRA: COMPANY SNAPSHOT
FIGURE 28Â Â Â Â Â Â Â Â Â Â LUMILEDS HOLDING B.V.: COMPANY SNAPSHOT
FIGURE 29Â Â Â Â Â Â Â Â Â Â NICHIA CORPORATION: COMPANY SNAPSHOT
FIGURE 30Â Â Â Â Â Â Â Â Â Â KONINKLIJKE PHILIPS N.V.: COMPANY SNAPSHOT
FIGURE 31Â Â Â Â Â Â Â Â Â Â OSRAM LICHT AG: COMPANY SNAPSHOT
FIGURE 32Â Â Â Â Â Â Â Â Â Â SEOUL SEMICONDUCTOR CO. LTD.: COMPANY SNAPSHOT
FAQ
The LED lighting market is expected to grow at 11.50% CAGR from 2022 to 2029. It is expected to reach above USD 195.11 Billion by 2029 from USD 73.25 Billion in 2020.
Asia Pacific held more than 46% of the LED lighting market revenue share in 2021 and will witness expansion in the forecast period.
LED lighting is known for its high energy efficiency compared to traditional lighting technologies, which can result in significant energy savings. Growing awareness and focus on energy conservation and environmental sustainability have led to increased demand for LED lighting as a greener and more sustainable lighting solution.
The construction is major sector where the application of LED lighting has seen more.
Asia Pacific region dominated the market with highest revenue share.
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