[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Europe LED Lighting Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

March 2023 | 135 pages | ID: E53CE3A92D27EN
IMARC Group

US$ 2,699.00

E-mail Delivery (PDF), Hard Copy Mail Delivery, CD-ROM Mail Delivery

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
The Europe LED lighting market size reached US$ 20.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 37.9 Billion by 2028, exhibiting a growth rate (CAGR) of 10.7% during 2023-2028.

A light-emitting diode (LED) refers to a semiconductor device that produces non-coherent and narrow-spectrum light when electricity passes through it. LED based lights are preferred over conventional lighting technologies as they are environment-friendly, have longer life span, are energy efficient and have low power consumption. With the lighting industry transformation towards LED sources and solid-state lighting, Europe represents one of the most innovative lighting markets across the globe.

A key factor driving the demand of LED products in Europe has been the European Union’s policy measures banning the sale of inefficient lighting technologies. In 2009, Europe phased out incandescent lamps in the region. In 2016, directional halogen lamps were also phased out. Similarly, in September 2018, the region also banned the sale of non-directional halogen lamps. These policy measures have facilitated consumers to gradually replace their traditional lighting products with LED technology-based products. Moreover, to generate cost-savings for consumers, switching to energy efficient LED lights have provided significant environmental benefits. The high energy costs in the region are forcing households, public investors and governments to consider energy saving lighting solutions. The governments across the region are also providing subsidies and incentives to increase the adoption of LED products among consumers and phasing out older and less efficient technologies to enhance the overall efficiency of the lighting industry in Europe. Other key factors driving the demand of LED products in Europe include infrastructure growth, upcoming smart building projects and decline in the average prices of LEDs.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe LED lighting market report, along with forecasts at the regional and country level from 2023-2028. Our report has categorized the market based on product type, installation and application.

Breakup by Country:

Germany
United Kingdom
France
Italy
Spain
Others

Germany currently represents the largest market for LED lighting in the European region.

Breakup by Product Type:

LED Lamps and Modules
LED Fixtures

LED lamps and modules currently dominate the market, holding the largest share.

Breakup by Installation:

New Installation
Replacement

There is an increase in the new installation of LED lighting solutions across Europe on account of the growing adoption of efficient lighting technologies.

Breakup by Application:

Residential
Retail and Hospitality
Outdoor
Offices
Architectural
Industrial
Others

LED lighting products find application in the residential sector of the region due to stringent regulations implemented by governing authorities.

Competitive Landscape:

The report has also examined the competitive landscape of the market and provides the profiles of the key players operating in the industry. Some of the key players operating in the market are:

Cree Inc.
Dialight PLC
Eaton Corporation Inc. (Cooper Industries LLC)
Osram Licht AG
Panasonic Corporation
Seoul Semiconductor Co., Ltd.
Signify N.V. (Philips Inc.)
TRILUX GmbH & Co. KG
Zumtobel Group AG

Key Questions Answered in This Report

1. What was the size of the Europe LED lighting market in 2022?
2. What is the expected growth rate of the Europe LED lighting market during 2023-2028?
3. What are the key factors driving the Europe LED lighting market?
4. What has been the impact of COVID-19 on the Europe LED lighting market?
5. What is the breakup of the Europe LED lighting market based on the product type?
6. What is the breakup of the Europe LED lighting market based on the installation?
7. What is the breakup of the Europe LED lighting market based on the application?
8. What are the key regions in the Europe LED lighting market?
9. Who are the key players/companies in the Europe LED lighting market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL LIGHTING INDUSTRY

5.1 Global Lighting Market
  5.1.1 Market Overview
  5.1.2 Market Performance
  5.1.3 Market Breakup by Region
  5.1.4 Market Breakup by Technology
  5.1.5 Market Breakup by Application
  5.1.6 Market Forecast
5.2 Global LED Lighting Market
  5.2.1 Market Overview
  5.2.2 Market Performance
  5.2.3 Market Breakup by Region
  5.2.4 Market Breakup by Product Type
  5.2.5 Market Breakup by Application
  5.2.6 Market Forecast

6 EUROPE LIGHTING MARKET

6.1 Market Overview
6.2 Market Performance
6.3 Market Breakup by Country
6.4 Market Breakup by Technology
6.5 Market Breakup by Application
6.6 Market Forecast

7 EUROPE LED LIGHTING MARKET

7.1 Market Overview
7.2 Market Performance
7.3 Impact of COVID-19
7.4 Market Breakup by Country
7.5 Market Breakup by Product Type
7.6 Market Breakup by Installation
7.7 Market Breakup by Application
7.8 Market Forecast
7.9 SWOT Analysis
  7.9.1 Overview
  7.9.2 Strengths
  7.9.3 Weaknesses
  7.9.4 Opportunities
  7.9.5 Threats
7.10 Value Chain Analysis
  7.10.1 Overview
  7.10.2 Primary Raw Material Suppliers
  7.10.3 LED Chip Manufacturers
  7.10.4 LED Package and Manufacturers
  7.10.5 Lighting Products, Electronic Products and Automotive Parts Manufacturers
  7.10.6 Product Distribution
7.11 Porters Five Forces Analysis
  7.11.1 Overview
  7.11.2 Bargaining Power of Buyers
  7.11.3 Bargaining Power of Suppliers
  7.11.4 Degree of Competition
  7.11.5 Threat of New Entrants
  7.11.6 Threat of Substitutes
7.12 Key Market Drivers and Success Factors
7.13 Key Risk Factors for LED Manufacturers
7.14 Comparison of LED’s with Conventional Lighting Technologies

8 PRICE ANALYSIS

8.1 Key Price Indicators
8.2 Price Structure
8.3 Margin Analysis

9 MARKET BREAKUP BY COUNTRY

9.1 Germany
  9.1.1 Market Trends
  9.1.2 Market Forecast
9.2 United Kingdom
  9.2.1 Market Trends
  9.2.2 Market Forecast
9.3 France
  9.3.1 Market Trends
  9.3.2 Market Forecast
9.4 Italy
  9.4.1 Market Trends
  9.4.2 Market Forecast
9.5 Spain
  9.5.1 Market Trends
  9.5.2 Market Forecast
9.6 Others
  9.6.1 Market Trends
  9.6.2 Market Forecast

10 MARKET BREAKUP BY PRODUCT TYPE

10.1 LED Lamps and Modules
  10.1.1 Market Trends
  10.1.2 Market Forecast
10.2 LED Fixtures
  10.2.1 Market Trends
  10.2.2 Market Forecast

11 MARKET BREAKUP BY INSTALLATION

11.1 New Installation
  11.1.1 Market Trends
  11.1.2 Market Forecast
11.2 Replacement
  11.2.1 Market Trends
  11.2.2 Market Forecast

12 MARKET BREAKUP BY APPLICATION

12.1 Residential
  12.1.1 Market Trends
  12.1.2 Market Forecast
12.2 Outdoor
  12.2.1 Market Trends
  12.2.2 Market Forecast
12.3 Retail and Hospitality
  12.3.1 Market Trends
  12.3.2 Market Forecast
12.4 Offices
  12.4.1 Market Trends
  12.4.2 Market Forecast
12.5 Industrial
  12.5.1 Market Trends
  12.5.2 Market Forecast
12.6 Architectural
  12.6.1 Market Trends
  12.6.2 Market Forecast
12.7 Others
  12.7.1 Market Trends
  12.7.2 Market Forecast

13 COMPETITIVE LANDSCAPE

13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
  13.3.1 Cree Inc.
  13.3.2 Dialight PLC
  13.3.3 Eaton Corporation Inc. (Cooper Industries LLC)
  13.3.4 Osram Licht AG
  13.3.5 Panasonic Corporation
  13.3.6 Seoul Semiconductor Co., Ltd.
  13.3.7 Signify N.V. (Philips Inc.)
  13.3.8 TRILUX GmbH & Co. KG
  13.3.9 Zumtobel Group AG

LIST OF TABLES

Table 1: Global: Lighting Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: LED Lighting Market: Key Industry Highlights, 2022 and 2028
Table 3: Europe: Lighting Market: Key Industry Highlights, 2022 and 2028
Table 4: Europe: LED Lighting Market: Key Industry Highlights, 2022 and 2028
Table 5: Comparison of LED’s with Incandescent Bulb and Compact Fluorescent Lamps (Based on Energy Efficiency and Environmental Impact)
Table 6: Comparison of LED’s with Incandescent Bulb and Compact Fluorescent Lamps (Based on LuminuousFlux)
Table 7: Europe: LED Lighting Market Forecast: Breakup by Country (in Million US$), 2023-2028
Table 8: Europe: LED Lighting Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 9: Europe: LED Lighting Market Forecast: Breakup by Installation (in Million US$), 2023-2028
Table 10: Europe: LED Lighting Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 11: Europe: LED Lighting Market: Competitive Structure
Table 12: Europe: LED Lighting Market: Key Players

LIST OF FIGURES

Figure 1: Europe: LED Lighting Market: Major Drivers and Challenges
Figure 2: Global: Lighting Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Lighting Market: Breakup by Region (in %), 2022
Figure 4: Global: Lighting Market: Breakup by Technology (in %), 2022
Figure 5: Global: Lighting Market: Breakup by Application (in %), 2022
Figure 6: Global: Lighting Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 7: Global: LED Lighting Market: Sales Value (in Billion US$), 2017-2022
Figure 8: Global: LED Lighting Market: Breakup by Region (in %), 2022
Figure 9: Global: LED Lighting Market: Breakup by Product Type (in %), 2022
Figure 10: Global: LED Lighting Market: Breakup by Application (in %), 2022
Figure 11: Global: LED Lighting Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 12: Europe: Lighting Market: Sales Value (in Billion US$), 2017-2022
Figure 13: Europe: Lighting Market: Breakup by Country (in %), 2022
Figure 14: Europe: Lighting Market: Breakup by Technology (in %), 2022
Figure 15: Europe: Lighting Market: Breakup by Application (in %), 2022
Figure 16: Europe: Lighting Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 17: Europe: LED Lighting Market: Sales Value (in Billion US$), 2017-2022
Figure 18: Europe: LED Lighting Market: Breakup by Country (in %), 2022
Figure 19: Europe: LED Lighting Market: Breakup by Product Type (in %), 2022
Figure 20: Europe: LED Lighting Market: Breakup by Installation (in %), 2022
Figure 21: Europe: LED Lighting Market: Breakup by Application (in %), 2022
Figure 22: Europe: LED Lighting Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 23: Europe: LED Lighting Industry: SWOT Analysis
Figure 24: Europe: LED Lighting Industry: Value Chain Analysis
Figure 25: Europe: LED Lighting Industry: Porter’s Five Forces Analysis
Figure 26: SMD LED Industry: Margins Across Various Stages of the Supply Chain
Figure 27: Germany: LED Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Germany: LED Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: United Kingdom: LED Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: United Kingdom: LED Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: France: LED Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: France: LED Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Italy: LED Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Italy: LED Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Spain: LED Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Spain: LED Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Others: LED Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Others: LED Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Europe: LED Lighting (LED Lamps and Modules) Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Europe: LED Lighting (LED Lamps and Modules) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Europe: LED Lighting (LED Fixtures) Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Europe: LED Lighting (LED Fixtures) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Europe: LED Lighting (New Installation) Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Europe: LED Lighting (New Installation) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Europe: LED Lighting (Replacement) Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Europe: LED Lighting (Replacement) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Europe: LED Lighting (Residential) Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Europe: LED Lighting (Residential) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Europe: LED Lighting (Outdoor) Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Europe: LED Lighting (Outdoor) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Europe: LED Lighting (Retail and Hospitality) Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Europe: LED Lighting (Retail and Hospitality) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Europe: LED Lighting (Offices) Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Europe: LED Lighting (Offices) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Europe: LED Lighting (Industrial) Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Europe: LED Lighting (Industrial) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Europe: LED Lighting (Architectural) Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Europe: LED Lighting (Architectural) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Europe: LED Lighting (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Europe: LED Lighting (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028


More Publications