Global Energy Efficient Lighting Market: Size, Trend, Share, Opportunity Analysis, and Forecast, 2014-2025

February 2017 | | ID: G141AD65BD6EN
Progressive Markets (owned by Antviews Global)

Abstracts

Electric lighting is a major energy consumer, which can be reduced by employing energy efficient lighting. Using energy efficient lighting not only consumes less energy but also reduces the heat radiated thus saving air-conditioning energy and improving thermal comfort. High-intensity discharge lamps (HID), linear fluorescent lamps (LFL), and light emitting diodes (LED) consume less energy as compared with incandescent light bulbs. According to a report published in Energy.Gov, LEDs are 6-7 times more energy efficient than conventional incandescent lights, reduce energy usage by more than 80%, and have an average life of 25,000 hours. In 2012, around 49 million LED lights were installed in the U.S., which saved an estimated amount of $675 million in annual energy costs. Thus, LED has revolutionized energy efficient lighting thereby making it a leader in the market. The global energy efficient lighting market is expected to grow at a CAGR of 13.1% from 2017 to 2025.

The global energy efficient lighting market is segmented based on lighting source, end-user industry, and geography. Based on lighting source, the market is divided into high-intensity discharge lamps (HID), linear fluorescent lamps (LFL), light emitting diodes (LED), and others. According to end-user industry, it is categorized into office, retail, education, healthcare, hotels & restaurants, warehouse, residential, transport, and others. Geographic breakdown and deep analysis of each of the aforesaid segments have resulted in the following regions: North America, Europe, Asia-Pacific, and LAMEA.

MARKET DYNAMICS:

Drivers:

• Falling LED prices
• Increase in awareness for green building
• Increased demand for intelligent solutions for street lighting system

Restraints:

• Customer mistrust/perception of quality
• Lack of awareness regarding installation costs and payback period

MARKET PLAYERS:

The top players in the global solar energy market include Bajaj Electricals Ltd., Cree, Inc., Dialight Plc., Digital Lumens, Inc., Eaton Corporation Plc., General Electric Company, Honeywell International Inc., OSRAM GmbH, Philips Lighting Holding B.V., and Toshiba Lighting & Technology Corporation.

KEY TAKEAWAYS

MARKET LANDSCAPE

• By Source
• High-intensity Discharge Lamps (HID)
• Linear Fluorescent Lamps (LFL)
• Light Emitting Diodes (LED)
• Others
• By End-user Industry
• Office
• Retail
• Education
• Healthcare
• Hotels & Restaurants
• Warehouse
• Residential
• Transport
• Others
• By Geography
• North America
• U.S.
• Canada
• Mexico
• Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
• Asia-Pacific
• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia-Pacific
• LAMEA
• Brazil
• Saudi Arabia
• South Africa
• Rest of LAMEA

Contents

1. EXECUTIVE SUMMARY

1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis

2. INTRODUCTION

2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology

3. MARKET LANDSCAPE

3.1. Growth Drivers
  3.1.1. Impact Analysis
3.2. Restrains and Challenges
  3.2.1. Impact Analysis
3.3. Porter’s Analysis
  3.3.1. Bargaining power of buyers
  3.3.2. Bargaining power of suppliers
  3.3.3. Threat of substitutes
  3.3.4. Industry rivalry
  3.3.5. Threat of new entrants
3.4. Global Energy Efficient Lighting Market Shares Analysis, 2014-2025
  3.4.1. Global energy efficient lighting market share by source, 2014-2025
  3.4.2. Global energy efficient lighting market share by end-user industry, 2014-2025
  3.4.3. Global energy efficient lighting market share by geography, 2014-2025

4. MARKET BY SOURCE

4.1. High-intensity Discharge Lamps (HID)
  4.1.1. Historical Market Size by Region, 2014-2016
  4.1.2. Market Forecast by Region, 2017-2025
4.2. Linear Fluorescent Lamps (LFL)
  4.2.1. Historical Market Size by Region, 2014-2016
  4.2.2. Market Forecast by Region, 2017-2025
4.3. Light Emitting Diodes (LED)
  4.3.1. Historical Market Size by Region, 2014-2016
  4.3.2. Market Forecast by Region, 2017-2025
4.4. Others
  4.4.1. Historical Market Size by Region, 2014-2016
  4.4.2. Market Forecast by Region, 2017-2025

5. MARKET BY END USER INDUSTRY

5.1. Office
  5.1.1. Historical Market Size by Region, 2014-2016
  5.1.2. Market Forecast by Region, 2017-2025
5.2. Retail
  5.2.1. Historical Market Size by Region, 2014-2016
  5.2.2. Market Forecast by Region, 2017-2025
5.3. Education
  5.3.1. Historical Market Size by Region, 2014-2016
  5.3.2. Market Forecast by Region, 2017-2025
5.4. Healthcare
  5.4.1. Historical Market Size by Region, 2014-2016
  5.4.2. Market Forecast by Region, 2017-2025
5.5. Hotels & Restaurants
  5.5.1. Historical Market Size by Region, 2014-2016
  5.5.2. Market Forecast by Region, 2017-2025
5.6. Warehouse
  5.6.1. Historical Market Size by Region, 2014-2016
  5.6.2. Market Forecast by Region, 2017-2025
5.7. Residential
  5.7.1. Historical Market Size by Region, 2014-2016
  5.7.2. Market Forecast by Region, 2017-2025
5.8. Transport
  5.8.1. Historical Market Size by Region, 2014-2016
  5.8.2. Market Forecast by Region, 2017-2025
5.9. Others
  5.9.1. Historical Market Size by Region, 2014-2016
  5.9.2. Market Forecast by Region, 2017-2025

6. MARKET BY GEOGRAPHY

6.1. North America
  6.1.1. U.S.
    6.1.1.1. Historical Market Size, 2014-2016
    6.1.1.2. Market Forecast, 2017-2025
  6.1.2. Canada
    6.1.2.1. Historical Market Size, 2014-2016
    6.1.2.2. Market Forecast, 2017-2025
  6.1.3. Mexico
    6.1.3.1. Historical Market Size, 2014-2016
    6.1.3.2. Market Forecast, 2017-2025
6.2. Europe
  6.2.1. UK
    6.2.1.1. Historical Market Size, 2014-2016
    6.2.1.2. Market Forecast, 2017-2025
  6.2.2. Germany
    6.2.2.1. Historical Market Size, 2014-2016
    6.2.2.2. Market Forecast, 2017-2025
  6.2.3. France
    6.2.3.1. Historical Market Size, 2014-2016
    6.2.3.2. Market Forecast, 2017-2025
  6.2.4. Spain
    6.2.4.1. Historical Market Size, 2014-2016
    6.2.4.2. Market Forecast, 2017-2025
  6.2.5. Italy
    6.2.5.1. Historical Market Size, 2014-2016
    6.2.5.2. Market Forecast, 2017-2025
  6.2.6. Rest of Europe
    6.2.6.1. Historical Market Size, 2014-2016
    6.2.6.2. Market Forecast, 2017-2025
6.3. Asia-Pacific
  6.3.1. China
    6.3.1.1. Historical Market Size, 2014-2016
    6.3.1.2. Market Forecast, 2017-2025
  6.3.2. Japan
    6.3.2.1. Historical Market Size, 2014-2016
    6.3.2.2. Market Forecast, 2017-2025
  6.3.3. India
    6.3.3.1. Historical Market Size, 2014-2016
    6.3.3.2. Market Forecast, 2017-2025
  6.3.4. Australia
    6.3.4.1. Historical Market Size, 2014-2016
    6.3.4.2. Market Forecast, 2017-2025
  6.3.5. South Korea
    6.3.5.1. Historical Market Size, 2014-2016
    6.3.5.2. Market Forecast, 2017-2025
  6.3.6. Rest of Asia-Pacific
    6.3.6.1. Historical Market Size, 2014-2016
    6.3.6.2. Market Forecast, 2017-2025
6.4. LAMEA
  6.4.1. Brazil
    6.4.1.1. Historical Market Size, 2014-2016
    6.4.1.2. Market Forecast, 2017-2025
  6.4.2. South Arabia
    6.4.2.1. Historical Market Size, 2014-2016
    6.4.2.2. Market Forecast, 2017-2025
  6.4.3. South Africa
    6.4.3.1. Historical Market Size, 2014-2016
    6.4.3.2. Market Forecast, 2017-2025
  6.4.4. Rest of LAMEA
    6.4.4.1. Historical Market Size, 2014-2016
    6.4.4.2. Market Forecast, 2017-2025

7. COMPANY PROFILES

7.1. Bajaj Electricals Ltd.
  7.1.1. Overview
  7.1.2. Financials and business segments
  7.1.3. Recent developments
7.2. Cree, Inc.
  7.2.1. Overview
  7.2.2. Financials and business segments
  7.2.3. Recent developments
7.3. Dialight Plc.
  7.3.1. Overview
  7.3.2. Financials and business segments
  7.3.3. Recent developments
7.4. Digital Lumens Inc.
  7.4.1. Overview
  7.4.2. Financials and business segments
  7.4.3. Recent developments
7.5. Eaton Corporation Plc.
  7.5.1. Overview
  7.5.2. Financials and business segments
  7.5.3. Recent developments
7.6. General Electric Company
  7.6.1. Overview
  7.6.2. Financials and business segments
  7.6.3. Recent developments
7.7. Honeywell International Inc.
  7.7.1. Overview
  7.7.2. Financials and business segments
  7.7.3. Recent developments
7.8. OSRAM GmbH
  7.8.1. Overview
  7.8.2. Financials and business segments
  7.8.3. Recent developments
7.9. Philips Lighting Holding B.V.
  7.9.1. Overview
  7.9.2. Financials and business segments
  7.9.3. Recent developments
7.10. Toshiba Lighting & Technology Corporation
  7.10.1. Overview
  7.10.2. Financials and business segments
  7.10.3. Recent developments

List Of Tables

LIST OF TABLES

Table 1. Energy Efficient Lighting Market Share, by Source, 2014-2025, $million
Table 2. Energy Efficient Lighting Market Share, by End-user Industry, 2014-2025, $million
Table 3. Energy Efficient Lighting Market Share, by Region, 2014-2025, $million
Table 4. Energy Efficient Lighting Market Value for High-intensity Discharge Lamps (HID), by Region, 2017-2025, $million
Table 5. Energy Efficient Lighting Market Value for Linear Fluorescent Lamps (LFL), by Region, 2017-2025, $million
Table 6. Energy Efficient Lighting Market Value for Light Emitting Diodes (LED), by Region, 2017-2025, $million
Table 7. Energy Efficient Lighting Market Value for Others, by Region, 2017-2025, $million
Table 8. Energy Efficient Lighting Market Value for Office, by Region, 2017-2025, $million
Table 9. Energy Efficient Lighting Market Value for Retail, by Region, 2017-2025, $million
Table 10. Energy Efficient Lighting Market Value for Education, by Region, 2017-2025, $million
Table 11. Energy Efficient Lighting Market Value for Healthcare, by Region, 2017-2025, $million
Table 12. Energy Efficient Lighting Market Value for Hotels & Restaurants, by Region, 2017-2025, $million
Table 13. Energy Efficient Lighting Market Value for Warehouse, by Region, 2017-2025, $million
Table 14. Energy Efficient Lighting Market Value for Residential, by Region, 2017-2025, $million
Table 15. Energy Efficient Lighting Market Value for Transport, by Region, 2017-2025, $million
Table 16. Energy Efficient Lighting Market Value for Others, by Region, 2017-2025, $million
Table 17. Energy Efficient Lighting Market Value for North America, by Country, 2014-2025, $million
Table 18. Energy Efficient Lighting Market Value for North America, by Source, 2014-2025, $million
Table 19. Energy Efficient Lighting Market Value for North America, by End-user Industry, 2014-2025, $million
Table 20. Energy Efficient Lighting Market Value for Europe, by Country, 2014-2025, $million
Table 21. Energy Efficient Lighting Market Value for Europe, by Source, 2014-2025, $million
Table 22. Energy Efficient Lighting Market Value for Europe, by End-user Industry, 2014-2025, $million
Table 23. Energy Efficient Lighting Market Value for Asia-Pacific, by Country, 2014-2025, $million
Table 24. Energy Efficient Lighting Market Value for Asia-Pacific, by Source, 2014-2025, $million
Table 25. Energy Efficient Lighting Market Value for Asia-Pacific, by End-user Industry, 2014-2025, $million
Table 26. Energy Efficient Lighting Market Value for LAMEA, by Country, 2014-2025, $million
Table 27. Energy Efficient Lighting Market Value for LAMEA, by Source, 2014-2025, $million
Table 28. Energy Efficient Lighting Market Value for LAMEA, by End-user Industry, 2014-2025, $million
Table 29. Bajaj Electricals Ltd. - Company Snapshot
Table 30. Cree, Inc. - Company Snapshot
Table 31. Dialight Plc. - Company Snapshot
Table 32. Digital Lumens Inc. - Company Snapshot
Table 33. Eaton Corporation Plc. - Company Snapshot
Table 34. General Electric Company - Company Snapshot
Table 35. Honeywell International Inc. - Company Snapshot
Table 36. OSRAM GmbH - Company Snapshot
Table 37. Philips Lighting Holding B. V. - Company Snapshot
Table 38. Toshiba Lighting & Technology Corporation - Company Snapshot

List Of Figures

LIST OF FIGURES

Figure 1. Energy Efficient Lighting: High-intensity Discharge Lamps (HID) Market Value, 2014-2016, $million
Figure 2. Energy Efficient Lighting: Linear Fluorescent Lamps (LFL) Market Value, 2014-2016, $million
Figure 3. Energy Efficient Lighting: Light Emitting Diodes (LED) Market Value, 2014-2016, $million
Figure 4. Energy Efficient Lighting: Others Market Value, 2014-2016, $million
Figure 5. Energy Efficient Lighting: Office Market Value, 2014-2016, $million
Figure 6. Energy Efficient Lighting: Retail Market Value, 2014-2016, $million
Figure 7. Energy Efficient Lighting: Education Market Value, 2014-2016, $million
Figure 8. Energy Efficient Lighting: Healthcare Market Value, 2014-2016, $million
Figure 9. Energy Efficient Lighting: Hotels & Restaurants Market Value, 2014-2016, $million
Figure 10. Energy Efficient Lighting: Warehouse Market Value, 2014-2016, $million
Figure 11. Energy Efficient Lighting: Residential Market Value, 2014-2016, $million
Figure 12. Energy Efficient Lighting: Transport Market Value, 2014-2016, $million
Figure 13. Energy Efficient Lighting: Others Market Value, 2014-2016, $million
Figure 14. Energy Efficient Lighting: U.S. Market Value, 2014-2016, $million
Figure 15. Energy Efficient Lighting: U.S. Market Value, 2017-2025, $million
Figure 16. Energy Efficient Lighting: Canada Market Value, 2014-2016, $million
Figure 17. Energy Efficient Lighting: Canada Market Value, 2017-2025, $million
Figure 18. Energy Efficient Lighting: Mexico Market Value, 2014-2016, $million
Figure 19. Energy Efficient Lighting: Mexico Market Value, 2017-2025, $million
Figure 20. Energy Efficient Lighting: UK Market Value, 2014-2016, $million
Figure 21. Energy Efficient Lighting: UK Market Value, 2017-2025, $million
Figure 22. Energy Efficient Lighting: Germany Market Value, 2014-2016, $million
Figure 23. Energy Efficient Lighting: Germany Market Value, 2017-2025, $million
Figure 24. Energy Efficient Lighting: France Market Value, 2014-2016, $million
Figure 25. Energy Efficient Lighting: France Market Value, 2017-2025, $million
Figure 26. Energy Efficient Lighting: Spain Market Value, 2014-2016, $million
Figure 27. Energy Efficient Lighting: Spain Market Value, 2017-2025, $million
Figure 28. Energy Efficient Lighting: Italy Market Value, 2014-2016, $million
Figure 29. Energy Efficient Lighting: Italy Market Value, 2017-2025, $million
Figure 30. Energy Efficient Lighting: Rest of Europe Market Value, 2014-2016, $million
Figure 31. Energy Efficient Lighting: Rest of Europe Market Value, 2017-2025, $million
Figure 32. Energy Efficient Lighting: China Market Value, 2014-2016, $million
Figure 33. Energy Efficient Lighting: China Market Value, 2017-2025, $million
Figure 34. Energy Efficient Lighting: Japan Market Value, 2014-2016, $million
Figure 35. Energy Efficient Lighting: Japan Market Value, 2017-2025, $million
Figure 36. Energy Efficient Lighting: India Market Value, 2014-2016, $million
Figure 37. Energy Efficient Lighting: India Market Value, 2017-2025, $million
Figure 38. Energy Efficient Lighting: Australia Market Value, 2014-2016, $million
Figure 39. Energy Efficient Lighting: Australia Market Value, 2017-2025, $million
Figure 40. Energy Efficient Lighting: South Korea Market Value, 2014-2016, $million
Figure 41. Energy Efficient Lighting: South Korea Market Value, 2017-2025, $million
Figure 42. Energy Efficient Lighting: Rest of Asia-Pacific Market Value, 2014-2016, $million
Figure 43. Energy Efficient Lighting: Rest of Asia-Pacific Market Value, 2017-2025, $million
Figure 44. Energy Efficient Lighting: Brazil Market Value, 2014-2016, $million
Figure 45. Energy Efficient Lighting: Brazil Market Value, 2017-2025, $million
Figure 46. Energy Efficient Lighting: Saudi Arabia Market Value, 2014-2016, $million
Figure 47. Energy Efficient Lighting: Saudi Arabia Market Value, 2017-2025, $million
Figure 48. Energy Efficient Lighting: South Africa Market Value, 2014-2016, $million
Figure 49. Energy Efficient Lighting: South Africa Market Value, 2017-2025, $million
Figure 50. Energy Efficient Lighting: Rest of LAMEA Market Value, 2014-2016, $million
Figure 51. Energy Efficient Lighting: Rest of LAMEA Market Value, 2017-2025, $million

COMPANIES MENTIONED

The top players in the global solar energy market include Bajaj Electricals Ltd., Cree, Inc., Dialight Plc., Digital Lumens, Inc., Eaton Corporation Plc., General Electric Company, Honeywell International Inc., OSRAM GmbH, Philips Lighting Holding B.V., and Toshiba Lighting & Technology Corporation.