Global LED Lighting Market: The global LED lighting market size reached US$ 83.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach US$ 178.0 Billion by 2033, exhibiting a growth rate (CAGR) of 8.6% during 2025-2033. The growing demand for energy-efficient and cost-...
The global led lighting market was valued at $81.64 billion in 2023, and is projected to reach $191.80 billion by 2032, growing at a CAGR of 10.2% from 2024 to 2032.The government has encouraged investments in energy-efficient lighting technology, which has expanded the use of LED lights i...
LED Lighting Market Insights LED Lighting Market size was valued at USD 63.83 billion in 2022 and is poised to grow from USD 70.94 billion in 2023 to USD 168.87 billion by 2031, growing at a CAGR of 11% in the forecast period (2024-2031). By switching to energy-efficient LEDs, it is...
Synca Lights offer multi-functional solutions for commercial and residential spaces. India LED Lighting Market Trends The LED lighting market in India is projected to grow at a CAGR of 12.4% from 2023 to 2030. The growth of the India LED lighting market can be attributed to companies based ...
LED Lighting Market Size 2024-2028 The LED lighting market size is estimated to grow by USD 41.5 billion, at a CAGR of 8.08% between 2023 and 2028. The declining manufacturing cost of LED lights, driven by advancements in technology and economies of scale, is making lighting more affordable ...
The LED panel lights are popular as they minimize energy consumption in comparison to the traditional lighting, which, in turn, is propelling the LED panel light market growth. For instance, the Power Ministry of India stated that the replacement of 21 lakh conventional streetlights with LEDs ...
The LED lighting market size accounted for USD 89.37 billion in 2024 and is expected to reach USD 260.71 billion by 2034, at a CAGR of 10.1%.
The Global LED Lighting Market is expected to reach USD 46.54 billion in 2024 and grow at a CAGR of 5.76% to reach USD 65.13 billion by 2030. ACUITY BRANDS INC., LEDVANCE GmbH (MLS Co. Ltd), OSRAM GmbH., Panasonic Holdings Corporation and Signify (Philip
Some of the key players profiled in the LED Lighting Market include Samsung Electronics Co., Ltd., Panasonic Corporation, Heliospectra AB, Zumtobel Group AG, Signify Holding B.V., Nichia Corporation, OSRAM Licht AG, Orient electric Ltd., Syska Led Lights Pvt Ltd., Dialight PLC, Lumileds Hold...
LED Products of Philips- Bulbs, Wall Lights, Ceiling Lights, Tube lights, Table lights, Suspension Light and Decor Lights. 2. Havells India Ltd Havells India Ltd is one of the famous and trusted brands in India for almost all electronics items in the Indian market. They have more than 14...