The Lighting Equipment market encompasses the manufacturing and distribution of various illumination products, including electric light bulbs (primarily LEDs), tubes, fixtures, and smart lighting systems for residential, commercial, and industrial applications. The industry is rapidly being reshaped by the global shift towards energy-efficient and connected solutions. LED technology dominates the market due to its longer lifespan, reduced energy consumption, and falling costs, largely driven by government regulations and increasing environmental awareness. (2026-2033)
Global lighting market, largely driven by the LED segment, is projected for solid expansion. The LED Lighting Market is estimated to grow from approximately USD 87.72 Billion in 2025 to reach around USD 205.09 Billion by 2033, reflecting a strong Compound Annual Growth Rate (CAGR) of about 11.2% during the 2026–2033 forecast period. This accelerated growth is primarily attributed to smart technology integration and energy-efficiency mandates.
Showing the single result
-
Automotive Lighting Market Analysis by Product Type (LED, Halogen, OLED, Laser), Application (Exteri...
Price range: $3,499.00 through $5,499.00Select options This product has multiple variants. The options may be chosen on the product pageReport ID : | No. of Pages : | Base Year for Estimate :The global Automotive Lighting Market was valued at approximately USD 34.58 billion in 2024 and is projected to reach around USD 36.66 billion in 2025. This market is expected to grow at a compound annual growth rate (CAGR) of 5.99% from 2025 to 2034, reaching an estimated value of USD 61.88 billion by 2034.