Market Forecast by Regions and Countries (North America, Europe, LATAM, Middle East, Asia and Africa), By Type (General Lighting, Automotive Lighting, Back Lighting), By Application (Residential, Commercial, Automotive, Others), By Sales Channel (OEM, Aftermarket), By Mode (Offline, Online) And Competitive Landscape
Product Code: ETC13198969 | Publication Date: Apr 2025 | Updated Date: Jun 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 | |
According to 6wresearch internal database and industry insights,the Global Electric lighting equipment Market is projected to grow at a CAGR of 8.5%from 2025-2031. The Global Electric lighting equipment Marketwas valued at USD 130 billion in 2024 and is expected to reach USD 230 billion by 2031.
Report Name | Global Electric lighting equipment Market |
Forecast Period | 2025-2031 |
Market Size | USD 230 billion by 2031 |
CAGR | 8.5% |
Growing Sector | Electrical and Electronics |
The Global Electric lighting equipment Market report thoroughly covers the market by Regions and Countries, by Type, by Application, by Sales Channel, and by Mode.The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Global Electric Lighting Equipment Marketis witnessing notable international growth, underpinned by progress in intelligent lighting technologies and reinforced by a rising global priority on sustainability. Accelerated urban development and infrastructure expansion in developing nations have intensified demand for efficient lighting systems and the incorporation of cutting-edge materials.International policies and incentive programs promoting a low-carbon future are further supporting the shift toward green energy, thereby enhancing lighting infrastructure worldwide. Innovation is occurring across all regions, independent of the level of engagement from public or private stakeholders such as governments, healthcare facilities, or commercial property developers.
Global Electric lighting equipment Marketis expected to grow at a significant CAGR of 8.5% during the forecast period 2025-2031. The Global Electric Lighting Equipment Market is driven by technological advancements, rising urbanization, and increasing infrastructure development. The growing demand for energy-efficient LED lighting systems supports sustainability goals and reduces energy consumption. Smart lighting solutions powered by IoT and AI technologies are on the rise with individualized and automated lighting solutions. Global Electric Lighting Equipment Market Growth is further supported by government initiatives that promote renewable energy adoption and green building standards. Additionally, the expansion of the construction sector in developing economies is fueling the demand for new lighting equipment, while the transition toward greener alternatives highlights lighting's evolving role beyond workplace safety to enhanced operational efficiency.
The Global Electric Lighting Equipment Marketis facing various challenges, notably fluctuating raw material costs and intensifying competition among producers. Efforts to transition to more sustainable and energy-efficient technologies demand significant investment in research and development.Moreover, supply chain instability and the enforcement of stringent compliance standards create further obstacles. Ensuring access to both sustainable and affordable lighting solutions remains a multifaceted problem, demanding comprehensive strategic planning and ongoing innovation to remain competitive in this rapidly changing industry landscape.
Rapid urban growth and smart technology innovation are propelling the Global Electric Lighting Equipment Market. Demand for energy-efficient LED solutions continues to increase, supported by sustainability initiatives and longer product life. Intelligent lighting systems are becoming standard in automated buildings.New materials and modern design trends are improving product appeal. While governments support green energy adoption, the market faces challenges like supply chain disruptions, rising costs, and tough regulations. Continued innovation and long-term planning are key to maintaining growth.
The Global Electric Lighting Equipment Industrypresents attractive investment opportunities, particularly in the realm of intelligent and environmentally conscious lighting technologies.Urban expansion and the spread of smart infrastructure are intensifying the need for sophisticated lighting systems. The Asia-Pacific and Middle Eastern markets are showing accelerated growth. Staying aligned with changing market requirements will necessitate dedicated investment in R&D for sustainable lighting technologies. Innovation remains critical for maintaining a strong competitive position.
The Global Electric Lighting Equipment Marketis dominated by leading companies such as Philips Lighting (Signify), General Electric, Osram, and Cree, Inc., among others. These key players continue driving the market through advancements in technology and strategic partnerships. They focus on expanding their product portfolios with smart, energy-efficient, and sustainable solutions to meet diverse consumer needs.
Governments worldwide are implementing stringent regulations in the Global Electric Lighting Equipment Marketto enhance energy efficiency and reduce environmental impact. Policies promoting the phasing out of incandescent bulbs and encouraging the adoption of LED lighting have reshaped the market dynamics. Environmental guidelines emphasize reducing hazardous materials, such as mercury, in lighting products. Furthermore, certifications ensuring quality and safety standards are being mandated globally. Such regulations aim to create a more sustainable future while presenting both challenges and opportunities for manufacturers and stakeholders.
The future of the Global Electric Lighting Equipment Marketis poised for significant advancements, driven by technological innovation and increasing demand for energy-efficient solutions. The integration of IoT and AI technologies is likely to revolutionize the lighting industry, enabling smarter and customized solutions. Sustainability will remain a key focus as manufacturers develop eco-friendly products and explore renewable energy sources. Growing urbanization and infrastructure development, particularly in emerging economies, will expand market prospects. The industry is set to evolve with continuous innovation, offering scalable opportunities for growth worldwide.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Ravi Bhandari, Research Head, 6Wresearch, North America leads in adopting smart lighting technologies, driven by advancements in the United States and Canada. Europe continues to focus on energy-efficient solutions, with Germany, the UK, and France steering the market. Asia, led by China and India, emerges as a major manufacturing hub, while LATAM, the Middle East, and Africa demonstrate steady growth in infrastructure development and lighting adoption.
General lighting dominates the market due to its extensive use across residential and commercial sectors. Automotive lighting and backlighting follow, with significant innovation in LED technologies to enhance efficiency and functionality.
The commercial segment commands a significant share of the market, owing to high demand for smart and energy-efficient lighting in offices, retail spaces, and industrial applications. Residential lighting exhibits steady growth, while the automotive sector sees rising demand for adaptive and decorative lighting solutions.
The OEM segment dominates, supported by its strong integration with key manufacturers. However, the aftermarket channel also shows consistent growth, attributed to the rising preference for DIY lighting upgrades and customization.
Offline sales continue to hold the largest share, especially in regions where physical showrooms and distribution networks are prevalent. However, online channels are rapidly gaining traction, offering convenience, diverse choices, and competitive pricing to consumers globally.
The marketreport provides a detailed analysis of the following 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 Global Electric lighting equipment Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Electric lighting equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Global Electric lighting equipment Market - Industry Life Cycle |
3.4 Global Electric lighting equipment Market - Porter's Five Forces |
3.5 Global Electric lighting equipment Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Electric lighting equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Electric lighting equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Global Electric lighting equipment Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.9 Global Electric lighting equipment Market Revenues & Volume Share, By Mode, 2021 & 2031F |
4 Global Electric lighting equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Electric lighting equipment Market Trends |
6 Global Electric lighting equipment Market, 2021 - 2031 |
6.1 Global Electric lighting equipment Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Electric lighting equipment Market, Revenues & Volume, By General Lighting, 2021 - 2031 |
6.1.3 Global Electric lighting equipment Market, Revenues & Volume, By Automotive Lighting, 2021 - 2031 |
6.1.4 Global Electric lighting equipment Market, Revenues & Volume, By Back Lighting, 2021 - 2031 |
6.2 Global Electric lighting equipment Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Electric lighting equipment Market, Revenues & Volume, By Residential, 2021 - 2031 |
6.2.3 Global Electric lighting equipment Market, Revenues & Volume, By Commercial, 2021 - 2031 |
6.2.4 Global Electric lighting equipment Market, Revenues & Volume, By Automotive, 2021 - 2031 |
6.2.5 Global Electric lighting equipment Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3 Global Electric lighting equipment Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Electric lighting equipment Market, Revenues & Volume, By OEM, 2021 - 2031 |
6.3.3 Global Electric lighting equipment Market, Revenues & Volume, By Aftermarket , 2021 - 2031 |
6.4 Global Electric lighting equipment Market, Revenues & Volume, By Mode, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Electric lighting equipment Market, Revenues & Volume, By Offline, 2021 - 2031 |
6.4.3 Global Electric lighting equipment Market, Revenues & Volume, By Online, 2021 - 2031 |
7 North America Electric lighting equipment Market, Overview & Analysis |
7.1 North America Electric lighting equipment Market Revenues & Volume, 2021 - 2031 |
7.2 North America Electric lighting equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Electric lighting equipment Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Electric lighting equipment Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Electric lighting equipment Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Electric lighting equipment Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Electric lighting equipment Market, Revenues & Volume, By Application, 2021 - 2031 |
7.5 North America Electric lighting equipment Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
7.6 North America Electric lighting equipment Market, Revenues & Volume, By Mode, 2021 - 2031 |
8 Latin America (LATAM) Electric lighting equipment Market, Overview & Analysis |
8.1 Latin America (LATAM) Electric lighting equipment Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Electric lighting equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Electric lighting equipment Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Electric lighting equipment Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Electric lighting equipment Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Electric lighting equipment Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Electric lighting equipment Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Electric lighting equipment Market, Revenues & Volume, By Application, 2021 - 2031 |
8.5 Latin America (LATAM) Electric lighting equipment Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
8.6 Latin America (LATAM) Electric lighting equipment Market, Revenues & Volume, By Mode, 2021 - 2031 |
9 Asia Electric lighting equipment Market, Overview & Analysis |
9.1 Asia Electric lighting equipment Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Electric lighting equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Electric lighting equipment Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Electric lighting equipment Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Electric lighting equipment Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Electric lighting equipment Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Electric lighting equipment Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Electric lighting equipment Market, Revenues & Volume, By Application, 2021 - 2031 |
9.5 Asia Electric lighting equipment Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
9.6 Asia Electric lighting equipment Market, Revenues & Volume, By Mode, 2021 - 2031 |
10 Africa Electric lighting equipment Market, Overview & Analysis |
10.1 Africa Electric lighting equipment Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Electric lighting equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Electric lighting equipment Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Electric lighting equipment Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Electric lighting equipment Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Electric lighting equipment Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Electric lighting equipment Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Electric lighting equipment Market, Revenues & Volume, By Application, 2021 - 2031 |
10.5 Africa Electric lighting equipment Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
10.6 Africa Electric lighting equipment Market, Revenues & Volume, By Mode, 2021 - 2031 |
11 Europe Electric lighting equipment Market, Overview & Analysis |
11.1 Europe Electric lighting equipment Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Electric lighting equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Electric lighting equipment Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Electric lighting equipment Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Electric lighting equipment Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Electric lighting equipment Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Electric lighting equipment Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Electric lighting equipment Market, Revenues & Volume, By Application, 2021 - 2031 |
11.5 Europe Electric lighting equipment Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
11.6 Europe Electric lighting equipment Market, Revenues & Volume, By Mode, 2021 - 2031 |
12 Middle East Electric lighting equipment Market, Overview & Analysis |
12.1 Middle East Electric lighting equipment Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Electric lighting equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Electric lighting equipment Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Electric lighting equipment Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Electric lighting equipment Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Electric lighting equipment Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Electric lighting equipment Market, Revenues & Volume, By Application, 2021 - 2031 |
12.5 Middle East Electric lighting equipment Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
12.6 Middle East Electric lighting equipment Market, Revenues & Volume, By Mode, 2021 - 2031 |
13 Global Electric lighting equipment Market Key Performance Indicators |
14 Global Electric lighting equipment Market - Export/Import By Countries Assessment |
15 Global Electric lighting equipment Market - Opportunity Assessment |
15.1 Global Electric lighting equipment Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Electric lighting equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Electric lighting equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
15.4 Global Electric lighting equipment Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
15.5 Global Electric lighting equipment Market Opportunity Assessment, By Mode, 2021 & 2031F |
16 Global Electric lighting equipment Market - Competitive Landscape |
16.1 Global Electric lighting equipment Market Revenue Share, By Companies, 2024 |
16.2 Global Electric lighting equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |