Lamp Market by Product Type, End-Users, and Geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2030

Description

Persistence Market Research has recently released a comprehensive analysis of the global lamp market, providing valuable insights into key market dynamics, growth drivers, challenges, and emerging trends. This report offers an exclusive overview of the structure of the lamp market, accompanied by data and statistics that forecast the market's growth trajectory from 2023 to 2030.

The global Lamp market is forecast to expand at a CAGR of 5.8% and thereby increase from a value of US$14.33 Bn in 2023 to US$21,276.4 Bn by the end of 2030.

Key Insights:

Lamp Market Size (2023E): US$14.33 Bn
Projected Market Value (2030F): US$21,276.4 Bn
Global Market Growth Rate (CAGR 2023 to 2030): 5.8%
Historical Market Growth Rate (CAGR 2018 to 2022): 5.2%

Lamp Market - Report Scope:

The lamp market comprises a wide range of lighting solutions used across residential, commercial, industrial, and outdoor spaces. These include incandescent, fluorescent, LED, and other innovative lighting technologies. Market growth is driven by factors such as urbanization, infrastructure development, energy efficiency regulations, and advancements in lighting technology.

Market Growth Drivers:

The lamp market is fueled by the increasing demand for energy-efficient lighting solutions, driven by environmental concerns and government initiatives promoting sustainability. Technological advancements, particularly in LED lighting, have revolutionized the market, offering long-lasting, cost-effective, and eco-friendly alternatives to traditional lamps. Additionally, the growing adoption of smart lighting systems, IoT integration, and connectivity features contribute to market growth.

Market Restraints:

Despite significant growth prospects, the lamp market faces challenges such as price competition, market saturation in developed regions, and fluctuations in raw material prices. Moreover, the initial high cost of LED lamps and the presence of counterfeit products hinder market growth. Regulatory complexities and compliance requirements also pose challenges for market players.

Market Opportunities:

The lamp market presents opportunities for innovation and expansion, particularly in emerging economies witnessing rapid urbanization and infrastructural development. The shift towards smart cities and the integration of lighting with IoT technologies open avenues for market players to offer advanced, interconnected lighting solutions. Furthermore, the growing trend towards customization, decorative lighting, and personalized lighting experiences create niche markets and opportunities for differentiation.

Key Questions Answered in the Report:

What are the key factors driving the growth of the lamp market?
Which regions offer the most lucrative opportunities for market expansion?
How are technological advancements reshaping the competitive landscape of the lamp market?
Who are the major players dominating the lamp market, and what strategies are they employing for growth?
What are the emerging trends and future prospects in the global lamp market?

Competitive Intelligence and Business Strategy:

Leading companies in the lamp market, including Signify (Philips Lighting), OSRAM GmbH, Herman Miller Inc., Inter IKEA B.V., Artemide S.p.A., Pablo Design, Lutron Electronics, Koncept Inc., OttLite Technologies, Flos S.p.A., focus on innovation, product diversification, and strategic partnerships to maintain their market positions. These companies invest in research and development to introduce energy-efficient, aesthetically pleasing, and technologically advanced lighting solutions. Collaborations with architects, interior designers, and urban planners enable market players to cater to evolving customer needs and preferences.

Key Companies Profiled:

Signify (Philips Lighting)
OSRAM GmbH
Herman Miller Inc.
Inter IKEA B.V.
Artemide S.p.A.
Pablo Design
Lutron Electronics
Koncept Inc.
OttLite Technologies
Flos S.p.A.

Lamp Market Research Segmentation:

By Product Type:

Desk Lamp
Floor Lamp

By Type:

Reading Lamp
Decorative Lamp

By Application:

Residential
Commercial

By Region:

North America
Europe
East Asia
South Asia & Oceania
Latin America
Middle East & Africa

Product Code: PMRREP33815

1. Executive Summary

1.1. Global Lamp Market Snapshot, 2023 and 2030
1.2. Market Opportunity Assessment, 2023 - 2030, US$ Mn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Product Lifecycle Analysis
2.4. Lamp Market: Value Chain
- 2.4.1. List of Raw Material Supplier
- 2.4.2. List of Manufacturers
- 2.4.3. List of Distributors
- 2.4.4. List of Applications
- 2.4.5. Profitability Analysis
2.5. Porter Five Force's Analysis
2.6. Geopolitical Tensions: Market Impact
2.7. Macro-Economic Factors
- 2.7.1. Global Sectorial Outlook
- 2.7.2. Global GDP Growth Outlook
- 2.7.3. Global Parent Market Overview
2.8. Forecast Factors - Relevance and Impact
2.9. Regulatory and Technology Landscape

3. Global Lamp Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

3.1. Key Highlights
- 3.1.1. Market Volume (Units) Projections
- 3.1.2. Market Size and Y-o-Y Growth
- 3.1.3. Absolute $ Opportunity
3.2. Market Size (US$ Mn) Analysis and Forecast
- 3.2.1. Historical Market Size Analysis, 2013-2016
- 3.2.2. Current Market Size Forecast, 2018-2026
3.3. Global Lamp Market Outlook: Product Type
- 3.3.1. Introduction / Key Findings
- 3.3.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Product Type, 2018 - 2022
- 3.3.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
  - 3.3.3.1. Desk Lamp
  - 3.3.3.2. Floor Lamp
3.4. Market Attractiveness Analysis: Product Type
3.5. Global Lamp Market Outlook: Type
- 3.5.1. Introduction / Key Findings
- 3.5.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Type, 2018 - 2022
- 3.5.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
  - 3.5.3.1. Reading Lamp
  - 3.5.3.2. Decorative Lamp
3.6. Market Attractiveness Analysis: Type
3.7. Global Lamp Market Outlook: Application
- 3.7.1. Introduction / Key Findings
- 3.7.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Application, 2018 - 2022
- 3.7.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
  - 3.7.3.1. Residential
  - 3.7.3.2. Commercial
3.8. Market Attractiveness Analysis: Application

4. Global Lamp Market Outlook: Region

4.1. Key Highlights
4.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Region, 2018 - 2022
4.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Region, 2023 - 2030
- 4.3.1. North America
- 4.3.2. Europe
- 4.3.3. East Asia
- 4.3.4. South Asia and Oceania
- 4.3.5. Latin America
- 4.3.6. Middle East & Africa (MEA)
4.4. Market Attractiveness Analysis: Region

5. North America Lamp Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

5.1. Key Highlights
5.2. Pricing Analysis
5.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 5.3.1. By Country
- 5.3.2. By Product Type
- 5.3.3. By Type
- 5.3.4. By Application
5.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 5.4.1. U.S.
- 5.4.2. Canada
5.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
- 5.5.1. Desk Lamp
- 5.5.2. Floor Lamp
5.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
- 5.6.1. Reading Lamp
- 5.6.2. Decorative Lamp
5.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 5.7.1. Residential
- 5.7.2. Commercial
5.8. Market Attractiveness Analysis

6. Europe Lamp Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

6.1. Key Highlights
6.2. Pricing Analysis
6.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 6.3.1. By Country
- 6.3.2. By Product Type
- 6.3.3. By Type
- 6.3.4. By Application
6.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 6.4.1. Germany
- 6.4.2. France
- 6.4.3. U.K.
- 6.4.4. Italy
- 6.4.5. Spain
- 6.4.6. Russia
- 6.4.7. Turkiye
- 6.4.8. Rest of Europe
6.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
- 6.5.1. Desk Lamp
- 6.5.2. Floor Lamp
6.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
- 6.6.1. Reading Lamp
- 6.6.2. Decorative Lamp
6.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 6.7.1. Residential
- 6.7.2. Commercial
6.8. Market Attractiveness Analysis

7. East Asia Lamp Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

7.1. Key Highlights
7.2. Pricing Analysis
7.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 7.3.1. By Country
- 7.3.2. By Product Type
- 7.3.3. By Type
- 7.3.4. By Application
7.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 7.4.1. China
- 7.4.2. Japan
- 7.4.3. South Korea
7.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
- 7.5.1. Desk Lamp
- 7.5.2. Floor Lamp
7.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
- 7.6.1. Reading Lamp
- 7.6.2. Decorative Lamp
7.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 7.7.1. Residential
- 7.7.2. Commercial
7.8. Market Attractiveness Analysis

8. South Asia & Oceania Lamp Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

8.1. Key Highlights
8.2. Pricing Analysis
8.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 8.3.1. By Country
- 8.3.2. By Product Type
- 8.3.3. By Type
- 8.3.4. By Application
8.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 8.4.1. India
- 8.4.2. Southeast Asia
- 8.4.3. ANZ
- 8.4.4. Rest of South Asia & Oceania
8.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
- 8.5.1. Desk Lamp
- 8.5.2. Floor Lamp
8.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
- 8.6.1. Reading Lamp
- 8.6.2. Decorative Lamp
8.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 8.7.1. Residential
- 8.7.2. Commercial
8.8. Market Attractiveness Analysis

9. Latin America Lamp Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

9.1. Key Highlights
9.2. Pricing Analysis
9.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 9.3.1. By Country
- 9.3.2. By Product Type
- 9.3.3. By Type
- 9.3.4. By Application
9.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 9.4.1. Brazil
- 9.4.2. Mexico
- 9.4.3. Rest of Latin America
9.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
- 9.5.1. Desk Lamp
- 9.5.2. Floor Lamp
9.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
- 9.6.1. Reading Lamp
- 9.6.2. Decorative Lamp
9.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 9.7.1. Residential
- 9.7.2. Commercial
9.8. Market Attractiveness Analysis

10. Middle East & Africa Lamp Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

10.1. Key Highlights
10.2. Pricing Analysis
10.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 10.3.1. By Country
- 10.3.2. By Product Type
- 10.3.3. By Type
- 10.3.4. By Application
10.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 10.4.1. GCC
- 10.4.2. Egypt
- 10.4.3. South Africa
- 10.4.4. Northern Africa
- 10.4.5. Rest of Middle East & Africa
10.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
- 10.5.1. Desk Lamp
- 10.5.2. Floor Lamp
10.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
- 10.6.1. Reading Lamp
- 10.6.2. Decorative Lamp
10.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 10.7.1. Residential
- 10.7.2. Commercial
10.8. Market Attractiveness Analysis

11. Competition Landscape

11.1. Market Share Analysis, 2022
11.2. Market Structure
- 11.2.1. Competition Intensity Mapping By Market
- 11.2.2. Competition Dashboard
- 11.2.3. Apparent Product Capacity
11.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 11.3.1. Signify (Philips Lighting)
  - 11.3.1.1. Overview
  - 11.3.1.2. Segments and Product
  - 11.3.1.3. Key Financials
  - 11.3.1.4. Market Developments
  - 11.3.1.5. Market Strategy
- 11.3.2. OSRAM GmbH
  - 11.3.2.1. Overview
  - 11.3.2.2. Segments and Product
  - 11.3.2.3. Key Financials
  - 11.3.2.4. Market Developments
  - 11.3.2.5. Market Strategy
- 11.3.3. Herman Miller Inc.
  - 11.3.3.1. Overview
  - 11.3.3.2. Segments and Product
  - 11.3.3.3. Key Financials
  - 11.3.3.4. Market Developments
  - 11.3.3.5. Market Strategy
- 11.3.4. Inter IKEA B.V.
  - 11.3.4.1. Overview
  - 11.3.4.2. Segments and Product
  - 11.3.4.3. Key Financials
  - 11.3.4.4. Market Developments
  - 11.3.4.5. Market Strategy
- 11.3.5. Artemide S.p.A.
  - 11.3.5.1. Overview
  - 11.3.5.2. Segments and Product
  - 11.3.5.3. Key Financials
  - 11.3.5.4. Market Developments
  - 11.3.5.5. Market Strategy
- 11.3.6. Pablo Design
  - 11.3.6.1. Overview
  - 11.3.6.2. Segments and Product
  - 11.3.6.3. Key Financials
  - 11.3.6.4. Market Developments
  - 11.3.6.5. Market Strategy
- 11.3.7. Lutron Electronics
  - 11.3.7.1. Overview
  - 11.3.7.2. Segments and Product
  - 11.3.7.3. Key Financials
  - 11.3.7.4. Market Developments
  - 11.3.7.5. Market Strategy
- 11.3.8. Koncept Inc.
  - 11.3.8.1. Overview
  - 11.3.8.2. Segments and Product
  - 11.3.8.3. Key Financials
  - 11.3.8.4. Market Developments
  - 11.3.8.5. Market Strategy
- 11.3.9. OttLite Technologies
  - 11.3.9.1. Overview
  - 11.3.9.2. Segments and Product
  - 11.3.9.3. Key Financials
  - 11.3.9.4. Market Developments
  - 11.3.9.5. Market Strategy
- 11.3.10. Flos S.p.A.
  - 11.3.10.1. Overview
  - 11.3.10.2. Segments and Product
  - 11.3.10.3. Key Financials
  - 11.3.10.4. Market Developments
  - 11.3.10.5. Market Strategy

12. Appendix

12.1. Research Methodology
12.2. Research Assumptions
12.3. Acronyms and Abbreviations