PUBLISHER: The Business Research Company | PRODUCT CODE: 1672376
PUBLISHER: The Business Research Company | PRODUCT CODE: 1672376
General lighting, also known as ambient lighting, refers to a lighting system utilized to illuminate both indoor and outdoor spaces with sufficient or natural brightness, devoid of any glare. These lighting solutions are not only cost-effective but also energy-efficient, contributing to the enhancement of the overall ambiance.
The primary product categories within the general lighting sector encompass LED, CFL, LFL, HID, halogens, incandescent, and others. An incandescent light bulb produces light by heating a wire filament to a temperature that induces light emission. This wire filament is enclosed within a translucent glass bulb, which is either filled with inert gas or evacuated (a vacuum). These lighting solutions find applications in various areas such as general lighting, automotive lighting, backlighting, and others, catering to the needs of residential, commercial, outdoor, industrial, and other end-users.
The general lighting market research report is one of a series of new reports from The Business Research Company that provides general lighting market statistics, including general lighting industry global market size, regional shares, competitors with a general lighting market share, detailed general lighting market segments, market trends and opportunities, and any further data you may need to thrive in the general lighting industry. This general lighting market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The general lighting market size has grown strongly in recent years. It will grow from $99.17 billion in 2024 to $105.28 billion in 2025 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to strong economic growth in emerging markets, increase in voice assistant devices, low interest rate environment, increase in internet penetration, high investments, and increasing per capita income.
The general lighting market size is expected to see strong growth in the next few years. It will grow to $128.86 billion in 2029 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to continuous increase in the rate of construction activity, declining manufacturing cost of LEDs, increasing urbanization, rising use of electricity and increasing population growth. Major trends in the forecast period include increase demand for LI-FI (light fidelity), developments in human-centric lighting and smart lighting, healthy lighting technology, increasing mergers and acquisitions, wi-fi enabled led bulbs, new product launches and high demand for led lights owing to energy efficiency.
The ongoing rise in construction activities globally contributes to an increased demand for general lighting. Lighting fixtures are essential in both office spaces and residential buildings, and as construction activities escalate, the need for such lighting solutions also grows. According to a report by Global Construction Perspectives and Oxford Economics, the global construction market is projected to witness a growth of over 70% by 2025. This surge in construction demand is expected to positively impact the expansion of the general lighting market.
The rising adoption of energy-efficient lighting systems is fueling growth in the general lighting market. Energy-efficient lighting options, such as LEDs and CFLs, significantly lower energy consumption and reduce the environmental impact of lighting. When combined with renewable energy sources like solar power, these systems offer a sustainable and eco-friendly solution for various applications. For example, in November 2023, the New York state government invested $3 million to install 6,500 energy-efficient LED lights at the World Trade Center. This initiative also aims to replace nearly 1,700 lights at The Adam Clayton Powell Jr. State Office Building, a state office building located in New York. Consequently, the increasing adoption of energy-efficient lighting systems is driving the growth of the general lighting market.
Companies are increasingly utilizing Li-Fi (Light Fidelity) networks for the production of general lighting equipment. Li-Fi is an optical wireless networking technology that utilizes light-emitting diodes (LEDs) for data transmission. Li-Fi bulbs are equipped with a small chip that modulates the light, enabling data transmission at speeds of up to 224 gigabits per second. In 2022, Kyocera SLD Laser announced the development of the world's fastest Li-Fi system.
Leading companies in the general lighting system market are prioritizing the development of advanced products, such as adaptive self-learning controllers, to improve energy efficiency and enhance user convenience. An adaptive self-learning controller is a smart lighting management system that employs algorithms and sensors to automatically modify lighting levels based on user behavior, ambient light conditions, and the time of day. For instance, in July 2024, First Light Technologies, a Canada-based manufacturer of solar LED lights, launched the RSL Series. This innovative line of integrated solar lights is designed to enhance outdoor illumination. The RSL Series features a unique adaptive self-learning controller and wireless controls, ensuring that the lights require no maintenance and are easy to install. It is suitable for various applications, including parking lots, pathways, parks, and general area lighting. The RSL Series is completely self-contained, streamlining the installation process and minimizing setup time.
In February 2022, GE Current, a US-based lighting company, acquired Hubbell C&I Lighting for an undisclosed amount. Through this acquisition, both companies enhance their distribution footprint and digital tools to better meet customer needs in a more expedient, efficient, and user-friendly manner. Hubbell C&I Lighting is a US-based company specializing in general lighting.
Major companies operating in the general lighting market include Schneider Electric SE, Panasonic Corporation, Signify N.V., Osram Licht AG, Acuity Brands, Inc., Eaton Corporation PLC, GE Lighting, Advanced Lighting Technologies, LLC, Honeywell International Inc., Wipro Limited, Surya Roshni Ltd., Havell's India Limited, SSK Group, Halonix, Param LED Products, MLS Lighting, NVC International Holdings Limited, OPPLE Lighting, San'an Optoelectronics Co., Ltd, Meka Electric Corporation, YEELIGHT, Odeer Lighting, Longhorn Intelligent Tech Co., LTD, Koninklijke Philips N.V., Decon Lighting Pvt. Ltd., Cooper Lighting, LG Innotek, Toshiba, Perfand LEd, Lena Lighting, PXF Lighting, Es-System, ELBA, Alpha Lighting, Tes-Lamp, Newled, Elux, Bergmen, Ideal Industries, Digital Lumens, Dimonoff, Cree, LSI Industries Inc., Energy Focus, Inc., Lumileds, OM lighting, UL, Dialight, Sylvania Lighting, Regency Lighting, Frederico Lopes Leal, Light Tool Industries E Comercio Ltd., Larsa Lighting, Arrco, Murano Lighting, Led world me, UC Lighting, Lutron, TRUST LED, Citizen Electronics Co. Ltd., Shell Petroleum Development Corporation, Light Line Investment Ltd
Asia-Pacific was the largest region in the general lighting market in 2024. North America was the second-largest region in the global general lighting market share. The regions covered in the general lighting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the general lighting market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain
The general lighting market consists of sales of chandeliers, ceiling or wall-mounted fixtures, recessed or track lights, lanterns mounted, wall lighting, spotlights, post lanterns, recessed fixtures, hanging fixtures, and other general lighting. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
General Lighting Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on general lighting market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for general lighting ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The general lighting market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.