The Energy-Efficient Lighting Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Energy-Efficient Lighting Market?
The global market for energy-efficient lighting has seen considerable growth in recent years. The market size expanded from $55.27 billion in 2024 and is projected to reach $60.3 billion in 2025, with a compound annual growth rate (CAGR) of 9.1%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Energy-Efficient Lighting Industry?
The Energy-Efficient Lighting Global Market Report 2025 estimates that by 2029, the market will be valued at $80.9 billion, expanding at a compound annual growth rate (CAGR) of 7.6%.
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What are the Key Growth Drivers Fueling the Energy-Efficient Lighting Market?
The key drivers in the energy-efficient lighting market are:
• Integration of smart lighting in urban and infrastructure development
• Achievement of energy efficiency targets worldwide
• Expansion into developing markets
• Introduction of incentive programs and rebates for energy-efficient lighting.
Global Market Segmentation: Identifying Major Energy-Efficient Lighting Industry Segments
The energy-efficient lighting market covered in this report is segmented –
1) By Type: High-Intensity Discharge Lamps (HID), Linear Fluorescent Lamps (LFL), Light Emitting Diodes (LED), Other Types
2) By Application: Residential, Commercial, Industrial, Outdoor, Other Applications
3) By End-User: Government, Healthcare, Education, Retail, Hospitality, Other End-Users
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What are the Emerging Trends Shaping the Future of the Energy-Efficient Lighting Market?
The key trends in the energy-efficient lighting market are:
• Integration of Internet of Things (IoT) technology is becoming an emerging trend in the energy-efficient lighting market.
• Human-centric lighting solutions are reshaping the market, emphasizing the importance of lighting's effect on human health and well-being.
• The adoption of circadian lighting is an emerging trend, reflecting the biological and behavioral adaptations to solar and lunar related rhythms.
• The development of Li-Fi technology and expansion of horticultural lighting indicate key growth areas in the market.
Who Are the Top Competitors & Leading Players in the Energy-Efficient Lighting Market?
Major companies in the energy-efficient lighting market are:
• General Electric Company
• Schneider Electric SE
• ABB Group
• Toshiba corporation
• Philips Lighting
• Eaton Corporation
• Signify N.V.
• OSRAM GmbH
• Hubbell Lighting Inc.
• Acuity Brands
• Zumtobel Group AG
• Seoul Semiconductor Co. Ltd.
• Cree Inc.
• Bajaj Electricals Ltd.
• Leviton Manufacturing Co. Inc.
• Dialight
• Lumileds Holding B.V.
• Cooper Lighting
• The Lighting Quotient
• Bridgelux Inc.
• Soraa Inc.
• Advanced Lighting Technologies Australia Inc.
• Nichia Corporation
• Savant Systems Inc.
Regional Dominance: Which Area Leads the Global Energy-Efficient Lighting Market?
Europe was the largest region in the energy-efficient lighting market in 2024
