How big is the indoor lighting market | Market Leaders & Share Analysis

Code: MTA7358 Publication Date: Aug 2025

What is the size of Indoor Lighting Market?

According to 6Wresearch internal database and industry insights, the Global Indoor Lighting Market was valued at USD 46.9 Billion in 2024 and is expected to reach USD 72.6 Billion by 2031, growing at a compound annual growth rate of 5.59% during the forecast period (2025–2031).

The market growth is driven by rising demand for energy-efficient lighting systems, expansion of smart home ecosystems, and increasing investments in infrastructure and interior aesthetics in residential and commercial sectors.

Key Growth Drivers of the Indoor Lighting Market

  • Increasing adoption of LED lighting for energy savings and durability
  • Rising smart home and demand for IoT-integrated lighting solutions
  • Growing emphasis on interior aesthetics and ambient lighting in residential and hospitality sectors
  • Government initiatives supporting energy-efficient lighting systems
  • Technological advancements in wireless controls and sensor-based lighting

Indoor Lighting Market Trends

The indoor lighting market is evolving rapidly with high demand for human-centric lighting that mimics natural daylight patterns to enhance mood and productivity. Smart lighting solutions compatible with voice assistants like Alexa and Google Home are gaining traction. Minimalist and modular designs are trending among urban consumers. Wireless dimmable lights, motion-sensor-based lighting, and tunable white LED systems are becoming mainstream. Additionally, increasing consumer interest in DIY lighting installation and smart retrofitting is expanding product accessibility.

Emerging Developments in the Indoor Lighting Market

Innovations in Li-Fi (Light Fidelity) for high-speed data transmission using light are emerging in commercial buildings. Companies are developing environmentally friendly lighting using recyclable materials and low power consumption. Intelligent integration of lighting systems using AI to adjust light based on user behavior and environment is gaining momentum. There is also growing demand for portable smart lamps, wireless charging-enabled lighting systems, and color-tunable LED strips. Lighting brands and home automation companies are collaborating to accelerate product development and ecosystem integration.

List of Leading Companies in the Indoor Lighting Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Signify (formerly Philips Lighting)

Company NameSignify (formerly Philips Lighting)
Established Year1891
HeadquartersEindhoven, Netherlands
Official WebsiteClick Here

Signify is a global leader offering a broad portfolio of smart indoor lighting, LED fixtures, and connected lighting solutions.

2. OSRAM Licht AG

Company NameOSRAM Licht AG
Established Year1919
HeadquartersMunich, Germany
Official WebsiteClick Here

OSRAM specializes in intelligent indoor lighting systems for residential and industrial applications, with a focus on energy efficiency and innovation.

3. Havells India Ltd.

Company NameHavells India Ltd.
Established Year1958
HeadquartersNoida, India
Official WebsiteClick Here

Havells offers a wide range of decorative and functional indoor LED lighting products, widely used in homes and offices across India.

4. Acuity Brands Lighting Inc.

Company NameAcuity Brands Lighting Inc.
Established Year2001
HeadquartersAtlanta, Georgia, United States
Official WebsiteClick Here

Acuity Brands provides indoor lighting and building management solutions with a focus on sustainability, digital controls, and energy optimization.

5. Cree Lighting

Company NameCree Lighting
Established Year1987
HeadquartersRacine, Wisconsin, United States
Official WebsiteClick Here

Cree Lighting delivers advanced LED lighting solutions for residential, commercial, and architectural environments.

6. Zumtobel Group

Company NameZumtobel Group
Established Year1950
HeadquartersDornbirn, Austria
Official WebsiteClick Here

Zumtobel is known for high-end indoor lighting fixtures and smart lighting systems tailored for commercial and hospitality sectors.

7. Syska LED

Company NameSyska LED
Established Year2012
HeadquartersPune, India
Official WebsiteClick Here

Syska is a leading brand in energy-efficient and smart LED lighting, offering a broad portfolio of home, office, and decorative lights.

8. Panasonic Corporation

Company NamePanasonic Corporation
Established Year1918
HeadquartersOsaka, Japan
Official WebsiteClick Here

Panasonic produces premium lighting solutions including LED and sensor-based lights for residential and commercial use.

9. GE Lighting (A Savant Company)

Company NameGE Lighting (A Savant Company)
Established Year1911
HeadquartersCleveland, Ohio, United States
Official WebsiteClick Here

GE Lighting focuses on connected indoor lighting with smart controls, color tuning, and app-based automation.

10. Wipro Lighting

Company NameWipro Lighting
Established Year1992
HeadquartersPune, India
Official WebsiteClick Here

Wipro Lighting offers modern indoor lighting for offices, retail, and industrial spaces with a focus on human-centric and sustainable designs.

How big is the indoor lighting market : FAQs

It was valued at USD 46.9 Billion in 2024 and is projected to reach USD 72.6 Billion by 2031.
The indoor lighting market is expected to grow at a CAGR of 5.59% from 2025 to 2031.
Energy efficiency demand, smart home growth, and technological innovations in lighting design.
LED bulbs, panel lights, tube lights, chandeliers, downlights, track lighting, and smart lighting kits.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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