Global Lighting Fixtures Market 2024-2028

The lighting fixtures market is forecasted to grow by USD 32,823.03 mn during 2023-2028, accelerating at a CAGR of 5.63% during the forecast period. The report on the lighting fixtures market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by advances in LED technology, rising urbanization and infrastructure development, and rise of e-commerce and online shopping.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	5.39%
CAGR	5.63%
Incremental Value	$32823.03mn

Technavio's lighting fixtures market is segmented as below:

By Product

Ceiling
Wall mounted
Pendant and chandeliers
Portable and others

By Application

Residential
Commercial

By Geographical Landscape

APAC
Europe
North America
Middle East and Africa
South America

This study identifies the emergence of smart lighting as one of the prime reasons driving the lighting fixtures market growth during the next few years. Also, growing focus on human-centric lighting and increasing demand for architectural and decorative lighting will lead to sizable demand in the market.

The report on the lighting fixtures market covers the following areas:

Lighting fixtures market sizing
Lighting fixtures market forecast
Lighting fixtures market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading lighting fixtures market vendors that include Acuity Brands Inc., Amerlux LLC, ams OSRAM AG, Bajaj Electricals Ltd., Eaton Corp. Plc, ELK Home, Energize CT, Everlight Electronics Co. Ltd., Fagerhults Belysning AB, General Electric Co., Havells India Ltd., Hubbell Inc., IDEAL INDUSTRIES Inc., Koninklijke Philips N.V., Nichia Corp., Panasonic Holdings Corp., Seoul Semiconductor Co. Ltd., Siemens AG, Zumtobel Group AG, and LSI Industries Inc.. Also, the lighting fixtures market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR76580

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global lighting fixtures market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global lighting fixtures market 2018 - 2022 ($ million)
4.2 Product Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.3 Application Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Product

6.1 Market segments
Exhibit 30: Chart on Product - Market share 2023-2028 (%)
Exhibit 31: Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
Exhibit 32: Chart on Comparison by Product
Exhibit 33: Data Table on Comparison by Product
6.3 Ceiling - Market size and forecast 2023-2028
Exhibit 34: Chart on Ceiling - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Data Table on Ceiling - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Chart on Ceiling - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Ceiling - Year-over-year growth 2023-2028 (%)
6.4 Wall mounted - Market size and forecast 2023-2028
Exhibit 38: Chart on Wall mounted - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Data Table on Wall mounted - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Chart on Wall mounted - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Wall mounted - Year-over-year growth 2023-2028 (%)
6.5 Pendant and chandeliers - Market size and forecast 2023-2028
Exhibit 42: Chart on Pendant and chandeliers - Market size and forecast 2023-2028 ($ million)
Exhibit 43: Data Table on Pendant and chandeliers - Market size and forecast 2023-2028 ($ million)
Exhibit 44: Chart on Pendant and chandeliers - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Pendant and chandeliers - Year-over-year growth 2023-2028 (%)
6.6 Portable and others - Market size and forecast 2023-2028
Exhibit 46: Chart on Portable and others - Market size and forecast 2023-2028 ($ million)
Exhibit 47: Data Table on Portable and others - Market size and forecast 2023-2028 ($ million)
Exhibit 48: Chart on Portable and others - Year-over-year growth 2023-2028 (%)
Exhibit 49: Data Table on Portable and others - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by Product
Exhibit 50: Market opportunity by Product ($ million)
Exhibit 51: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by Application

7.1 Market segments
Exhibit 52: Chart on Application - Market share 2023-2028 (%)
Exhibit 53: Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
Exhibit 54: Chart on Comparison by Application
Exhibit 55: Data Table on Comparison by Application
7.3 Residential - Market size and forecast 2023-2028
Exhibit 56: Chart on Residential - Market size and forecast 2023-2028 ($ million)
Exhibit 57: Data Table on Residential - Market size and forecast 2023-2028 ($ million)
Exhibit 58: Chart on Residential - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Residential - Year-over-year growth 2023-2028 (%)
7.4 Commercial - Market size and forecast 2023-2028
Exhibit 60: Chart on Commercial - Market size and forecast 2023-2028 ($ million)
Exhibit 61: Data Table on Commercial - Market size and forecast 2023-2028 ($ million)
Exhibit 62: Chart on Commercial - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Commercial - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Application
Exhibit 64: Market opportunity by Application ($ million)
Exhibit 65: Data Table on Market opportunity by Application ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 67: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 68: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 69: Chart on Geographic comparison
Exhibit 70: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 North America - Market size and forecast 2023-2028
Exhibit 79: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
Exhibit 91: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibit 92: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibit 93: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 US - Market size and forecast 2023-2028
Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 UK - Market size and forecast 2023-2028
Exhibit 103: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 104: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 105: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.12 India - Market size and forecast 2023-2028
Exhibit 107: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibit 108: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibit 109: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on India - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 111: Market opportunity By Geographical Landscape ($ million)
Exhibit 112: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 113: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 115: Overview on factors of disruption
11.4 Industry risks
Exhibit 116: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 117: Vendors covered
12.2 Market positioning of vendors
Exhibit 118: Matrix on vendor position and classification
12.3 Acuity Brands Inc.
Exhibit 119: Acuity Brands Inc. - Overview
Exhibit 120: Acuity Brands Inc. - Business segments
Exhibit 121: Acuity Brands Inc. - Key news
Exhibit 122: Acuity Brands Inc. - Key offerings
Exhibit 123: Acuity Brands Inc. - Segment focus
12.4 ams OSRAM AG
Exhibit 124: ams OSRAM AG - Overview
Exhibit 125: ams OSRAM AG - Business segments
Exhibit 126: ams OSRAM AG - Key offerings
Exhibit 127: ams OSRAM AG - Segment focus
12.5 Eaton Corp. Plc
Exhibit 128: Eaton Corp. Plc - Overview
Exhibit 129: Eaton Corp. Plc - Business segments
Exhibit 130: Eaton Corp. Plc - Key news
Exhibit 131: Eaton Corp. Plc - Key offerings
Exhibit 132: Eaton Corp. Plc - Segment focus
12.6 Energize CT
Exhibit 133: Energize CT - Overview
Exhibit 134: Energize CT - Product / Service
Exhibit 135: Energize CT - Key offerings
12.7 Everlight Electronics Co. Ltd.
Exhibit 136: Everlight Electronics Co. Ltd. - Overview
Exhibit 137: Everlight Electronics Co. Ltd. - Business segments
Exhibit 138: Everlight Electronics Co. Ltd. - Key offerings
Exhibit 139: Everlight Electronics Co. Ltd. - Segment focus
12.8 General Electric Co.
Exhibit 140: General Electric Co. - Overview
Exhibit 141: General Electric Co. - Business segments
Exhibit 142: General Electric Co. - Key news
Exhibit 143: General Electric Co. - Key offerings
Exhibit 144: General Electric Co. - Segment focus
12.9 Havells India Ltd.
Exhibit 145: Havells India Ltd. - Overview
Exhibit 146: Havells India Ltd. - Business segments
Exhibit 147: Havells India Ltd. - Key news
Exhibit 148: Havells India Ltd. - Key offerings
Exhibit 149: Havells India Ltd. - Segment focus
12.10 Hubbell Inc.
Exhibit 150: Hubbell Inc. - Overview
Exhibit 151: Hubbell Inc. - Business segments
Exhibit 152: Hubbell Inc. - Key offerings
Exhibit 153: Hubbell Inc. - Segment focus
12.11 IDEAL INDUSTRIES Inc.
Exhibit 154: IDEAL INDUSTRIES Inc. - Overview
Exhibit 155: IDEAL INDUSTRIES Inc. - Product / Service
Exhibit 156: IDEAL INDUSTRIES Inc. - Key offerings
12.12 Koninklijke Philips N.V.
Exhibit 157: Koninklijke Philips N.V. - Overview
Exhibit 158: Koninklijke Philips N.V. - Business segments
Exhibit 159: Koninklijke Philips N.V. - Key news
Exhibit 160: Koninklijke Philips N.V. - Key offerings
Exhibit 161: Koninklijke Philips N.V. - Segment focus
12.13 LSI Industries Inc.
Exhibit 162: LSI Industries Inc. - Overview
Exhibit 163: LSI Industries Inc. - Business segments
Exhibit 164: LSI Industries Inc. - Key offerings
Exhibit 165: LSI Industries Inc. - Segment focus
12.14 Nichia Corp.
Exhibit 166: Nichia Corp. - Overview
Exhibit 167: Nichia Corp. - Product / Service
Exhibit 168: Nichia Corp. - Key offerings
12.15 Panasonic Holdings Corp.
Exhibit 169: Panasonic Holdings Corp. - Overview
Exhibit 170: Panasonic Holdings Corp. - Product / Service
Exhibit 171: Panasonic Holdings Corp. - Key news
Exhibit 172: Panasonic Holdings Corp. - Key offerings
12.16 Siemens AG
Exhibit 173: Siemens AG - Overview
Exhibit 174: Siemens AG - Business segments
Exhibit 175: Siemens AG - Key news
Exhibit 176: Siemens AG - Key offerings
Exhibit 177: Siemens AG - Segment focus
12.17 Zumtobel Group AG
Exhibit 178: Zumtobel Group AG - Overview
Exhibit 179: Zumtobel Group AG - Business segments
Exhibit 180: Zumtobel Group AG - Key offerings
Exhibit 181: Zumtobel Group AG - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 182: Inclusions checklist
Exhibit 183: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 184: Currency conversion rates for US$
13.4 Research methodology
Exhibit 185: Research methodology
Exhibit 186: Validation techniques employed for market sizing
Exhibit 187: Information sources
13.5 List of abbreviations
Exhibit 188: List of abbreviations