Market Forecast By Installation (New, Retrofit), By Product Type (Lamps, Luminaires), By Sales Channel (Retail/Wholesale, Direct Sales, E-Commerce), By Application (Indoor, Outdoor) And Competitive Landscape
| Product Code: ETC4454736 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Australia Led Lighting market currently, in 2023, has witnessed an HHI of 8258, Which has increased slightly as compared to the HHI of 7808 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
According to 6Wresearch internal database and industry insights, the Australia LED Lighting Market
Below mentioned are the evaluation of year-wise growth rate along with key drivers:
|
Years |
Est. Annual Growth (%) |
Growth Drivers |
|
2020 |
4.5 |
Rising deployment of energy-efficient lighting solutions in residential and commercial sectors. |
|
2021 |
5.1 |
Increasing concentration on sustainable building practices and government incentives for energy-efficient products. |
|
2022 |
5.5 |
Increase in smart city initiatives and deployment of smart LED lighting systems in public infrastructure. |
|
2023 |
6.1 |
Rising need for LED solutions in outdoor and architectural lighting applications. |
|
2024 |
5.9 |
Developments in LED technology and a transition towards retrofit lighting solutions in existing buildings. |
The Australia LED Lighting Market report thoroughly covers the market by installation types, product types, sales channels, and applications. The report provides an unbiased and detailed analysis of ongoing market trends, opportunities/high-growth areas, and market drivers, which would help stakeholders to devise and align their market strategies according to current and future market dynamics.
| Report Name | Australia LED Lighting Market |
| Forecast Period | 2025–2031 |
| CAGR | 6.2% |
| Growing Sector | Industrial, Commercial, and Residential |
The Australia LED Lighting Market is anticipated to undergo substantial growth propelled by the transition towards energy-efficient lighting solutions, along with increasing awareness about sustainability. The demand for LED lighting solutions across smart homes and smart cities is rising market as it is getting benefit from developments in smart lighting technologies. Furthermore, the rising incorporation of LED lighting in urban development and infrastructure projects is anticipated to contribute majorly to the market's growth.
Evaluation of Growth Drivers in the Australia LED Lighting Market
Below mentioned are some prominent drivers and their influence on the market dynamics:
| Drivers | Primary Segments Affected | Why it matters (evidence) |
| Government Initiatives | All segments | The Australian government's push towards sustainability and energy efficiency has created favourable conditions for the deployment of LED lighting. |
| Energy Efficiency Demand | Residential, Commercial, Industrial | The rising need for energy-efficient lighting solutions is bolstering the rise the LED market, as they consume less power compare to traditional lighting. |
| Technological Advancements | Product Type (Lamps, Luminaires) | Ongoing innovation in LED technology, consist of longer lifespan and better light quality, raises their need in both new installations and retrofits. |
| Environmental Awareness | All segments | The increasing awareness about the environmental impact of traditional lighting and the benefits of LEDs has accelerated the need for these solutions across sectors. |
The Australia LED Lighting Market size is projected to grow at the CAGR of 6.2% during the forecast period of 2025–2031. The requirement for LED lighting in the commercial and residential sectors is anticipated to surge as more consumers and businesses adopt energy-efficient and sustainable lighting solutions. Additionally, government incentives and regulatory measures are deploying energy-efficient technologies contribute to the deployment of LED lights.
Below mentioned are some major restraints and their influence to the market dynamics:
| Restraints | Primary Segments Affected | What this means (evidence) |
| High Initial Costs | New Installations, Product Type (Lamps, Luminaires) | The initial cost of LED lighting products remains high compared to traditional options, which may deter price-sensitive consumers and businesses. |
| Limited Consumer Awareness | Residential, Commercial | While LED technology offers significant benefits, a lack of awareness about its long-term savings and efficiency limits its widespread adoption. |
| Incompatibility with Existing Fixtures | Retrofit Installations | Many existing fixtures in older buildings are not compatible with LED lights, requiring further investments for retrofitting, which may deter some consumers. |
| Competition from Traditional Lighting | Residential, Commercial, Industrial | Despite the advantages, traditional lighting still holds a significant market share, especially in applications where initial costs are prioritized. |
Despite the promising growth, the Australia LED Lighting Market goes through numerous challenges. A major barrier for many consumers is the rising upfront prices of LED lighting, despite long-term energy savings. Additionally, the transition from conventional lighting systems to LED technology can be expensive, especially in older infrastructures that require retrofitting. The market also goes through competition from other lighting technologies such as CFLs and halogen bulbs.
Several prominent trends reshaping the market growth include:
Some prominent investment opportunities in the market include:
Some leading players operating in the market include:
| Company Name | Philips Lighting |
| Headquarters | Eindhoven, Netherlands |
| Established | 1891 |
| Website | Click Here |
Philips Lighting, now Signify, is a worldwide leader in lighting solutions, offering a broad range of energy-efficient LED products for residential, commercial, and industrial applications.
| Company Name | Osram GmbH |
| Headquarters | Munich, Germany |
| Established | 1906 |
| Website | Click Here |
Osram specializes in giving innovative lighting solutions, consisting of energy-efficient LED lighting products for distinctive sectors like automotive, commercial, and architectural applications.
| Company Name | GE Lighting |
| Headquarters | Boston, Massachusetts, USA |
| Established | 1892 |
| Website | Click Here |
GE Lighting caters developed LED lighting solutions that are known for their energy efficiency and high-performance standards in both residential and commercial applications.
| Company Name | Cree Inc. |
| Headquarters | Durham, North Carolina, USA |
| Established | 1987 |
| Website | Click Here |
Cree is a market leader in LED lighting technology, offering on producing premium LED components and systems for distinctive applications.
| Company Name | Acuity Brands |
| Headquarters | Atlanta, Georgia, USA |
| Established | 2001 |
| Website | Click Here |
Acuity Brands is a worldwide provider of energy-efficient lighting systems, consisting of a comprehensive range of LED products for both indoor and outdoor applications.
According to Australian government data, The Australian government has introduced several initiatives promoting energy-efficient lighting systems, consisting of a broad of rebates and incentives for consumers and businesses to transition to LED technology. Additionally, the government encourage green building standards, such as the NABERS rating system, which encourages the adoption of energy-efficient technologies like LED lighting. There are regulations that encourage the advancement of the LED lighting market for instance they restrict energy consumption in public buildings and infrastructure.
The Australia LED Lighting Market Growth is anticipated to see major expansion, bolstered by continued technological developments, government initiatives, and rising consumer preference for energy-efficient lighting solutions. The market's future growth will be further augmented by the increasing application of LEDs in smart homes, commercial infrastructure, and urban developments. Additionally, the deployment of LED lighting in both residential and commercial sectors is accelerating due to developments in smart lighting technologies, along with the increasing trend of automation and energy management systems.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Mansi Ahuja, Senior Research Analyst at 6Wresearch, the New Installation segment holds the largest Australia LED Lighting Market Share. This is due to the rising deployment of LED technology in new construction projects, particularly in residential, commercial, and public infrastructure, bolstered by the need for energy-efficient lighting solutions.
The Lamps segment leads the Australia LED Lighting Industry. This is primarily bolstered by the increasing preference for energy-efficient lighting solutions that cater long-term savings and decreased energy consumption, especially in residential and commercial applications.
The Retail/Wholesale channel holds the largest share in the market. This is due to the broader availability of LED lighting products through these channels, making it convenient for both residential and commercial people to buy energy-efficient lighting solutions.
The Indoor segment dominates the market. This is bolstered by the increasing deployment of energy-efficient lighting in indoor applications, consisting of residential, commercial, and institutional buildings, where lighting systems are being advanced to decrease electricity prices and augment environmental sustainability.
The report offers a comprehensive study of the subsequent market segments:
| 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 Australia LED Lighting Market Overview |
| 3.1 Australia Country Macro Economic Indicators |
| 3.2 Australia LED Lighting Market Revenues & Volume, 2021 & 2031F |
| 3.3 Australia LED Lighting Market - Industry Life Cycle |
| 3.4 Australia LED Lighting Market - Porter's Five Forces |
| 3.5 Australia LED Lighting Market Revenues & Volume Share, By Installation , 2021 & 2031F |
| 3.6 Australia LED Lighting Market Revenues & Volume Share, By Product Type , 2021 & 2031F |
| 3.7 Australia LED Lighting Market Revenues & Volume Share, By Sales Channel , 2021 & 2031F |
| 3.8 Australia LED Lighting Market Revenues & Volume Share, By Application, 2021 & 2031F |
| 4 Australia LED Lighting Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.2.1 Government initiatives promoting energy efficiency and sustainability in Australia |
| 4.2.2 Increasing demand for energy-efficient lighting solutions |
| 4.2.3 Technological advancements in LED lighting leading to improved performance and cost-effectiveness |
| 4.3 Market Restraints |
| 4.3.1 Initial high cost of LED lighting products compared to traditional lighting solutions |
| 4.3.2 Lack of awareness and knowledge about the benefits of LED lighting among consumers |
| 4.3.3 Limited availability of skilled professionals for installation and maintenance of LED lighting systems |
| 5 Australia LED Lighting Market Trends |
| 6 Australia LED Lighting Market, By Types |
| 6.1 Australia LED Lighting Market, By Installation |
| 6.1.1 Overview and Analysis |
| 6.1.2 Australia LED Lighting Market Revenues & Volume, By Installation , 2021-2031F |
| 6.1.3 Australia LED Lighting Market Revenues & Volume, By New, 2021-2031F |
| 6.1.4 Australia LED Lighting Market Revenues & Volume, By Retrofit, 2021-2031F |
| 6.2 Australia LED Lighting Market, By Product Type |
| 6.2.1 Overview and Analysis |
| 6.2.2 Australia LED Lighting Market Revenues & Volume, By Lamps, 2021-2031F |
| 6.2.3 Australia LED Lighting Market Revenues & Volume, By Luminaires, 2021-2031F |
| 6.3 Australia LED Lighting Market, By Sales Channel |
| 6.3.1 Overview and Analysis |
| 6.3.2 Australia LED Lighting Market Revenues & Volume, By Retail/Wholesale, 2021-2031F |
| 6.3.3 Australia LED Lighting Market Revenues & Volume, By Direct Sales, 2021-2031F |
| 6.3.4 Australia LED Lighting Market Revenues & Volume, By E-Commerce, 2021-2031F |
| 6.4 Australia LED Lighting Market, By Application |
| 6.4.1 Overview and Analysis |
| 6.4.2 Australia LED Lighting Market Revenues & Volume, By Indoor, 2021-2031F |
| 6.4.3 Australia LED Lighting Market Revenues & Volume, By Outdoor, 2021-2031F |
| 7 Australia LED Lighting Market Import-Export Trade Statistics |
| 7.1 Australia LED Lighting Market Export to Major Countries |
| 7.2 Australia LED Lighting Market Imports from Major Countries |
| 8 Australia LED Lighting Market Key Performance Indicators |
| 8.1 Energy savings achieved by adopting LED lighting solutions |
| 8.2 Number of government projects or policies supporting the adoption of LED lighting |
| 8.3 Growth in the number of manufacturers and suppliers offering LED lighting products |
| 8.4 Percentage increase in the adoption rate of LED lighting in residential and commercial sectors |
| 8.5 Number of certifications or standards achieved by LED lighting products for quality and efficiency |
| 9 Australia LED Lighting Market - Opportunity Assessment |
| 9.1 Australia LED Lighting Market Opportunity Assessment, By Installation , 2021 & 2031F |
| 9.2 Australia LED Lighting Market Opportunity Assessment, By Product Type , 2021 & 2031F |
| 9.3 Australia LED Lighting Market Opportunity Assessment, By Sales Channel , 2021 & 2031F |
| 9.4 Australia LED Lighting Market Opportunity Assessment, By Application, 2021 & 2031F |
| 10 Australia LED Lighting Market - Competitive Landscape |
| 10.1 Australia LED Lighting Market Revenue Share, By Companies, 2024 |
| 10.2 Australia LED Lighting Market Competitive Benchmarking, By Operating and Technical Parameters |
| 11 Company Profiles |
| 12 Recommendations |
| 13 Disclaimer |