Electric Lighting Equipment Market Report 2026

Electric Lighting Equipment Market Overview

• Electric Lighting Equipment market size has reached to $131.63 billion in 2025 • Expected to grow to $169.17 billion in 2030 at a compound annual growth rate (CAGR) of 5.3% • Growth Driver: Led Lighting Adoption Driving Growth In The Electric Lighting Equipment Market • Market Trend: Increasing Focus On Product Innovations To Provide Reliable Services To Their Customers • Asia-Pacific was the largest region in 2025 and North America is the fastest growing region.

What Is Covered Under Electric Lighting Equipment Market?

Electrical lighting equipment refers to devices and systems powered by electricity that produce artificial illumination, including lamps, fixtures, bulbs, and control components. They are used for enhancing visibility, improving safety, and creating desired lighting environments in residential, commercial, industrial, and public spaces. The main types of electrical lighting equipment are general lighting, automotive lighting, and backlighting. Automotive lighting consists of lighting and signaling devices mounted on the front, rear, sides, and, in some cases, the top of the vehicle, and it illuminates the roadway for the driver. The lighting system also improves visibility, especially in low-light conditions. It alerts other drivers and pedestrians to the presence and direction of a vehicle. The equipment is operated through online and offline modes. The various sales channels include OEM and aftermarket that are used for residential, commercial, automotive, and other applications.

What Is The Electric Lighting Equipment Market Growth Forecast?

The electric lighting equipment market size is expected to see strong growth in the next few years. It will grow to $169.17 billion in 2030 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to increasing smart city projects, adoption of IoT-enabled lighting, expansion of electric vehicles and automotive lighting, demand for sustainable and eco-friendly lighting, innovations in connected and adaptive lighting solutions. Major trends in the forecast period include smart lighting systems, energy-efficient lighting solutions, wireless and connected lighting controls, human-centric lighting, advanced materials for lighting components.

Global Electric Lighting Equipment Market Segmentation

1) By Type: General Lighting, Automotive Lighting, Back Lighting 2) By Mode: Online, Offline 3) By Sales Channel: OEM, Aftermarket 4) By Application: Residential, Commercial, Automotive, Other Applications Subsegments: 1) By General Lighting: LED Bulbs, Fluorescent Lamps, Incandescent Lamps, Compact Fluorescent Lamps (CFL), Halogen Bulbs, Smart Lighting 2) By Automotive Lighting: Headlights, Tail Lights, Fog Lights, Interior Lighting, Turn Signal Lights, Daytime Running Lights (DRLs) 3) By Back Lighting: LED Backlighting, OLED Backlighting, EL (Electroluminescent) Backlighting, CCFL (Cold Cathode Fluorescent Lamp) Backlighting

What Is The Driver Of The Electric Lighting Equipment Market?

The increasing adoption of LED lighting is expected to propel the growth of the electric lighting equipment market going forward. LED lighting refers to a type of lighting technology that uses light-emitting diodes (LEDs) as the source of illumination. LED lighting offers numerous benefits in the electric lighting equipment market including energy savings, durability, environmental friendliness, and design flexibility. For instance, in July 2023, the International Energy Agency, a France-based autonomous intergovernmental organization, reported that residential LED sales worldwide have surged to approximately 50% of the market in 2022. Although LED efficiency continues to improve, it must rise by around 30% by 2030 to align with Net Zero Scenario goals. Therefore, the increasing adoption of LED lighting is driving the growth of the electric lighting equipment industry going forward.

Key Players In The Global Electric Lighting Equipment Market

Major companies operating in the electric lighting equipment market are Stanley Electric Co Ltd., Panasonic Corporation, Robert Bosch GmbH, Eaton Corporation plc, Acuity Brands Inc., OSRAM GmbH, Alstom SA, Toshiba Corporation, Hubbell Incorporated, LG Electronics, Liron Lighting LLC, Nichia Corporation, EiKO Global LLC, RAB Lighting Inc., MaxLite Inc., NaturaLED, Westgate MFG Inc., Hydrofarm Holdings Group Inc., Signify NV, Cree Inc., Technical Consumer Products Inc., Satco Products Inc., Feit Electric Company Inc., Prescolite Inc., Light Efficient Design Co. Ltd., Litetronics International Inc., Ledvance GmbH, Fulham Co. Inc., Keystone Technologies LLC, Venture Lighting International Inc., Halco Lighting Technologies LLC, American Lighting Inc., Nora Lighting Inc., Litecontrol Corporation, Sea Gull Lighting Products LLC, Kichler Lighting LLC

Global Electric Lighting Equipment Market Trends and Insights

Major companies operating in electric lighting equipment market are focusing on innovative products such as smart light panels to provide reliable services to their customers. Smart light panels refer to a type of lighting technology that combines the benefits of traditional lighting fixtures with smart technology. For instance, in August 2023, GE Lighting, a US-based company that focuses on the design, manufacture, and distribution of electric lighting equipment launched new Cync smart hexagon light panels. The hexagonal panels can be controlled with the Savant-powered Cync mobile app and connect to Wi-Fi as a single smart light fixture without the need for a separate hub. This app can access pre-made light shows, make their own, or sync the panels to music. It is simple to use and intuitive.

What Are Latest Mergers And Acquisitions In The Electric Lighting Equipment Market?

In July 2025, Fagerhult Group, a Sweden-based lighting solutions company, acquired Trato TLV Group for an undisclosed amount. Through this acquisition, Fagerhult aims to strengthen its electric lighting equipment portfolio by leveraging Trato TLV’s advanced lighting technologies and expanding its presence in key markets across Europe. Trato TLV Group is a France-based company specializing in professional indoor and outdoor electric lighting solutions.

Regional Outlook

Asia-Pacific was the largest region in the electric lighting equipment market in 2025. North America was the second largest region in the electric lighting equipment market. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

What Defines the Electric Lighting Equipment Market?

The electrical lighting equipment market consists of sales of electric lighting fixtures, lamp shades, general indoor lighting equipment, lighting fixtures, and other electrical lighting equipment. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Electric Lighting Equipment Market Report 2026?

The electric lighting equipment market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the electric lighting equipment industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.