Product Code: ETC13398235 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Solid-State and Other Energy-Efficient Lighting Market was valued at USD 43.4 Billion in 2024 and is expected to reach USD 78.3 Billion by 2031, growing at a compound annual growth rate of 15.90% during the forecast period (2025-2031).
The Global Solid-State and Other Energy-Efficient Lighting Market is experiencing significant growth driven by increasing awareness of energy conservation and sustainability. The market includes LED, OLED, and other advanced lighting technologies that offer higher energy efficiency and longer lifespan compared to traditional lighting sources. Government initiatives promoting energy-efficient lighting solutions, along with the declining prices of LED products, are further fueling market expansion. The commercial and residential sectors are the primary adopters of solid-state lighting, with ongoing technological advancements leading to a wider range of applications. Key players in the market are investing in research and development to enhance product performance and cater to the growing demand for energy-efficient lighting solutions worldwide.
The Global Solid-State and Other Energy-Efficient Lighting Market is experiencing significant growth driven by the increasing focus on energy efficiency and sustainability. The shift towards LED lighting solutions due to their energy-saving capabilities and long lifespan is a key trend in the market. Additionally, government initiatives promoting the adoption of energy-efficient lighting technologies and the growing demand for smart lighting solutions are creating opportunities for market expansion. The integration of IoT technology in lighting systems for enhanced control and energy management is another emerging trend. Furthermore, the rising awareness about the environmental impact of traditional lighting sources is driving the demand for solid-state and other energy-efficient lighting solutions, presenting lucrative opportunities for market players to innovate and diversify their product offerings.
The Global Solid-State and Other Energy-Efficient Lighting Market faces several challenges, including high initial costs of LED and other energy-efficient lighting technologies, limited consumer awareness about the benefits of these products, and the presence of cheaper traditional lighting options. Additionally, the lack of standardized testing methods and regulations for energy-efficient lighting products in some regions can hinder market growth. Competition from conventional lighting manufacturers and the need for continuous technological advancements to improve efficiency and performance also pose challenges for companies operating in this market. Overcoming these obstacles will require investment in research and development, education campaigns to raise awareness among consumers, and collaboration with regulatory bodies to establish clear guidelines for energy-efficient lighting products.
The Global Solid-State and Other Energy-Efficient Lighting Market is primarily driven by the increasing demand for energy-efficient lighting solutions due to rising awareness about environmental sustainability and the need to reduce energy consumption. Government initiatives and regulations promoting the adoption of energy-efficient lighting technologies also play a significant role in driving market growth. Additionally, advancements in lighting technologies such as LED and OLED, which offer longer lifespans, higher energy efficiency, and better quality of light, are driving the market further. The growing trend of smart lighting systems and the increasing focus on energy conservation in residential, commercial, and industrial sectors are expected to continue fueling the growth of the solid-state and other energy-efficient lighting market in the coming years.
Government policies related to the Global Solid-State and Other Energy-Efficient Lighting Market focus on promoting energy efficiency and sustainability. Many countries have implemented regulations and incentives to encourage the adoption of energy-efficient lighting technologies such as LED and solid-state lighting. These policies often include energy efficiency standards, labeling requirements, and financial incentives like rebates or tax credits for consumers and businesses that switch to energy-efficient lighting. Additionally, some governments have also banned the sale of inefficient lighting products to accelerate the transition to more sustainable lighting options. Overall, these policies aim to reduce energy consumption, lower greenhouse gas emissions, and drive innovation in the lighting industry towards more environmentally friendly solutions.
The Global Solid-State and Other Energy-Efficient Lighting Market is poised for significant growth in the coming years due to increasing demand for energy-efficient lighting solutions driven by environmental concerns and regulatory mandates. The market is expected to be propelled by ongoing technological advancements in solid-state lighting, such as LEDs, which offer higher energy efficiency, longer lifespan, and cost-effectiveness compared to traditional lighting technologies. Additionally, the growing adoption of smart lighting systems and the increasing focus on sustainable practices in both residential and commercial sectors will further boost market growth. As a result, key players in the industry are likely to invest in research and development to innovate new products and capture a larger share of the expanding market.
In the global solid-state and other energy-efficient lighting market, Asia Pacific is expected to witness significant growth due to rapid urbanization and government initiatives promoting energy efficiency. North America is projected to dominate the market, driven by the presence of key players and increasing demand for smart lighting solutions. Europe is also a major contributor to the market, with a focus on sustainability and stringent regulations promoting energy-efficient lighting technologies. The Middle East and Africa region is experiencing growth due to infrastructure development and increasing awareness about energy conservation. Latin America is anticipated to show steady growth, driven by rising adoption of LED lighting solutions in commercial and residential sectors. Overall, the global market for solid-state and energy-efficient lighting is poised for robust growth across all regions.
Global Solid-State and Other Energy-Efficient Lighting Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Solid-State and Other Energy-Efficient Lighting Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Solid-State and Other Energy-Efficient Lighting Market Revenues & Volume, 2021 & 2031F |
3.3 Global Solid-State and Other Energy-Efficient Lighting Market - Industry Life Cycle |
3.4 Global Solid-State and Other Energy-Efficient Lighting Market - Porter's Five Forces |
3.5 Global Solid-State and Other Energy-Efficient Lighting Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Solid-State and Other Energy-Efficient Lighting Market Revenues & Volume Share, By Technology , 2021 & 2031F |
3.7 Global Solid-State and Other Energy-Efficient Lighting Market Revenues & Volume Share, By Installation Type , 2021 & 2031F |
3.8 Global Solid-State and Other Energy-Efficient Lighting Market Revenues & Volume Share, By Offering , 2021 & 2031F |
3.9 Global Solid-State and Other Energy-Efficient Lighting Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Solid-State and Other Energy-Efficient Lighting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Solid-State and Other Energy-Efficient Lighting Market Trends |
6 Global Solid-State and Other Energy-Efficient Lighting Market, 2021 - 2031 |
6.1 Global Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Technology , 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Solid-State, 2021 - 2031 |
6.1.3 Global Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By HID, 2021 - 2031 |
6.1.4 Global Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Fluorescent, 2021 - 2031 |
6.2 Global Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Installation Type , 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By New Installation, 2021 - 2031 |
6.2.3 Global Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Retrofit Installation, 2021 - 2031 |
6.3 Global Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Offering , 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Hardware, 2021 - 2031 |
6.3.3 Global Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Software, 2021 - 2031 |
6.3.4 Global Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Services, 2021 - 2031 |
6.4 Global Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Application, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By General Lighting, 2021 - 2031 |
6.4.3 Global Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Backlighting, 2021 - 2031 |
6.4.4 Global Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Automotive Lighting, 2021 - 2031 |
6.4.5 Global Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Medical Lighting, 2021 - 2031 |
6.4.6 Global Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Solid-State and Other Energy-Efficient Lighting Market, Overview & Analysis |
7.1 North America Solid-State and Other Energy-Efficient Lighting Market Revenues & Volume, 2021 - 2031 |
7.2 North America Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Technology , 2021 - 2031 |
7.4 North America Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Installation Type , 2021 - 2031 |
7.5 North America Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Offering , 2021 - 2031 |
7.6 North America Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) Solid-State and Other Energy-Efficient Lighting Market, Overview & Analysis |
8.1 Latin America (LATAM) Solid-State and Other Energy-Efficient Lighting Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Technology , 2021 - 2031 |
8.4 Latin America (LATAM) Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Installation Type , 2021 - 2031 |
8.5 Latin America (LATAM) Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Offering , 2021 - 2031 |
8.6 Latin America (LATAM) Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia Solid-State and Other Energy-Efficient Lighting Market, Overview & Analysis |
9.1 Asia Solid-State and Other Energy-Efficient Lighting Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Technology , 2021 - 2031 |
9.4 Asia Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Installation Type , 2021 - 2031 |
9.5 Asia Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Offering , 2021 - 2031 |
9.6 Asia Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa Solid-State and Other Energy-Efficient Lighting Market, Overview & Analysis |
10.1 Africa Solid-State and Other Energy-Efficient Lighting Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Technology , 2021 - 2031 |
10.4 Africa Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Installation Type , 2021 - 2031 |
10.5 Africa Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Offering , 2021 - 2031 |
10.6 Africa Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe Solid-State and Other Energy-Efficient Lighting Market, Overview & Analysis |
11.1 Europe Solid-State and Other Energy-Efficient Lighting Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Technology , 2021 - 2031 |
11.4 Europe Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Installation Type , 2021 - 2031 |
11.5 Europe Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Offering , 2021 - 2031 |
11.6 Europe Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Solid-State and Other Energy-Efficient Lighting Market, Overview & Analysis |
12.1 Middle East Solid-State and Other Energy-Efficient Lighting Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Technology , 2021 - 2031 |
12.4 Middle East Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Installation Type , 2021 - 2031 |
12.5 Middle East Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Offering , 2021 - 2031 |
12.6 Middle East Solid-State and Other Energy-Efficient Lighting Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Solid-State and Other Energy-Efficient Lighting Market Key Performance Indicators |
14 Global Solid-State and Other Energy-Efficient Lighting Market - Export/Import By Countries Assessment |
15 Global Solid-State and Other Energy-Efficient Lighting Market - Opportunity Assessment |
15.1 Global Solid-State and Other Energy-Efficient Lighting Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Solid-State and Other Energy-Efficient Lighting Market Opportunity Assessment, By Technology , 2021 & 2031F |
15.3 Global Solid-State and Other Energy-Efficient Lighting Market Opportunity Assessment, By Installation Type , 2021 & 2031F |
15.4 Global Solid-State and Other Energy-Efficient Lighting Market Opportunity Assessment, By Offering , 2021 & 2031F |
15.5 Global Solid-State and Other Energy-Efficient Lighting Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Solid-State and Other Energy-Efficient Lighting Market - Competitive Landscape |
16.1 Global Solid-State and Other Energy-Efficient Lighting Market Revenue Share, By Companies, 2024 |
16.2 Global Solid-State and Other Energy-Efficient Lighting Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |