How big is the lighting market | Industry Size & Growth Opportunities 2025

What is the size of Lighting Market?

The growth is driven by the rising adoption of energy-efficient lighting solutions, smart city infrastructure, government initiatives, and demand across residential, commercial, and industrial sectors.

Key Growth Drivers of the Lighting Market

• There is more use of efficient LEDs in the place of traditional lighting.
• Government regulations are in favour of sustainable solutions to lighting.
• Increase of smart city Projects and infrastructure developments
• Increasing the demand of the decorative and customized lighting systems
• Expansion in construction and real estate business all over the world

Lighting Market Trends

Lighting market is witnessing trends like the integration of IoT with lighting for smart automation, development of human-centric and Li-Fi lighting systems, and growing use of wireless and app-based lighting control in homes and offices. Demand is also rising for tunable and ambient lighting in both commercial and residential environments.

Emerging Developments in the Lighting Market

The lighting market has emerging developments such as AI-enabled lighting optimization, growth of solar-powered LED systems, and increased R&D in OLED and quantum dot lighting technologies. Companies are adopting modular designs and automation in production. Collaborations with tech firms and smart home brands are shaping future lighting ecosystems.

List of Leading Companies in the Lighting Market

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

1. Signify (formerly Philips Lighting)

Signify is a global leader in connected LED lighting systems, software, and services, offering sustainable solutions for professional and consumer lighting.

2. Acuity Brands Lighting, Inc.

Acuity Brands delivers advanced lighting and building management solutions, catering to commercial, industrial, institutional, and residential markets.

3. General Electric Lighting (a Savant company)

GE Lighting focuses on energy-efficient LED lighting for residential and commercial applications, combining technology with smart home integration.

4. Cree Lighting (IDEAL Industries, Inc.)

Cree Lighting specializes in LED technology, offering innovative lighting solutions for indoor, outdoor, and intelligent lighting systems.

5. Zumtobel Group AG

Zumtobel designs and manufactures professional lighting systems that combine aesthetics, efficiency, and smart control for commercial environments.

6. Osram GmbH (part of ams OSRAM)

Osram is known for cutting-edge lighting technology in automotive, medical, and industrial sectors, with strong R&D in smart and specialty lighting.

7. Hubbell Lighting, Inc.

Hubbell offers a wide range of lighting products for industrial, commercial, and institutional use, focusing on energy efficiency and performance.

8. Eaton Corporation (Cooper Lighting Solutions)

Cooper Lighting provides innovative indoor and outdoor lighting solutions, with expertise in connected systems and energy-saving technologies.

9. Panasonic Holdings Corporation

Panasonic produces smart, energy-efficient lighting solutions for residential and commercial buildings, with growing investments in IoT-enabled lighting.

10. Syska LED Lights Pvt. Ltd.

Syska is a leading Indian brand offering LED lighting for homes, offices, and public infrastructure with a focus on affordability and durability.

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