LED Lighting Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global LED lighting market size reached US$ 75.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 131 Billion by 2028, exhibiting a growth rate (CAGR) of 9.8% during 2023-2028.
A light-emitting diode (LED) refers to a semiconductor device which generates non-coherent and narrow-spectrum light when electric current passes through it. In comparison with conventional lights, LED lights are environment-friendly in nature and save around 90% of the overall energy. Some of the other advantages associated with LED lights include reliability, compact size, fast switching, longer lifespan, improved physical robustness, low heat output, minimum radiation emission and less power consumption. Owing to this, LED lights are now rapidly replacing incandescent and fluorescent lights across the globe.
Global LED Lighting Market Drivers:
As LED lights contain zero toxic elements and are eco-friendly in nature, their demand is being influenced by initiatives and policies by the governments of several countries introduced for environmental protection and energy conservation.
Currently, the price of electricity in several developing countries is rising due to the growing demand-supply gap. On account of this, consumers are shifting towards energy-efficient lighting sources such as LED lights.
LED lights are now widely being used in automotive, general lighting, mobile devices, signal and signage, healthcare, forensic, academics and street lighting, which is providing a boost to the growth of the market.
In order to widen their consumer-base, manufacturers are not only coming up with different LED lighting products, but are also investing in marketing through newspapers, televisions, etc. This is increasing product awareness among the consumers which, in turn, is strengthening the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global LED lighting market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on application.
Breakup by Application:
Retrofit
Retail and Hospitality
Outdoor
Offices
Architectural
Homes
Industrial
Based on applications, the market is segregated as retrofit, retail and hospitality, outdoor, offices, architectural, homes, and industrial. Amongst these, retrofit represents the largest application area owing to the growing awareness about the advantages offered by LED lights.
Regional Insights:
India
China
Europe
Japan
Brazil
Russia
United States
On a geographical front, China enjoys the leading position in the market, accounting for the dominant share.
Competitive Landscape:
The market is concentrated in nature with the presence of few manufacturers who are competing against one another in terms of prices and quality. Some of these players include:
Nichia
Osram
Samsung Electronics
Everlight Electronics
LG Innotek
This report provides a deep insight into the global LED lighting industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a LED lighting manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the LED lighting industry in any manner.
Key Questions Answered in This Report
1. What was the size of the global LED lighting market in 2022?
2. What is the expected growth rate of the global LED lighting market during 2023-2028?
3. What are the key factors driving the global LED lighting market?
4. What has been the impact of COVID-19 on the global LED lighting market?
5. What is the breakup of the global LED lighting market based on the application?
6. What are the key regions in the global LED lighting market?
7. Who are the key players/companies in the global LED lighting market?
A light-emitting diode (LED) refers to a semiconductor device which generates non-coherent and narrow-spectrum light when electric current passes through it. In comparison with conventional lights, LED lights are environment-friendly in nature and save around 90% of the overall energy. Some of the other advantages associated with LED lights include reliability, compact size, fast switching, longer lifespan, improved physical robustness, low heat output, minimum radiation emission and less power consumption. Owing to this, LED lights are now rapidly replacing incandescent and fluorescent lights across the globe.
Global LED Lighting Market Drivers:
As LED lights contain zero toxic elements and are eco-friendly in nature, their demand is being influenced by initiatives and policies by the governments of several countries introduced for environmental protection and energy conservation.
Currently, the price of electricity in several developing countries is rising due to the growing demand-supply gap. On account of this, consumers are shifting towards energy-efficient lighting sources such as LED lights.
LED lights are now widely being used in automotive, general lighting, mobile devices, signal and signage, healthcare, forensic, academics and street lighting, which is providing a boost to the growth of the market.
In order to widen their consumer-base, manufacturers are not only coming up with different LED lighting products, but are also investing in marketing through newspapers, televisions, etc. This is increasing product awareness among the consumers which, in turn, is strengthening the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global LED lighting market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on application.
Breakup by Application:
Retrofit
Retail and Hospitality
Outdoor
Offices
Architectural
Homes
Industrial
Based on applications, the market is segregated as retrofit, retail and hospitality, outdoor, offices, architectural, homes, and industrial. Amongst these, retrofit represents the largest application area owing to the growing awareness about the advantages offered by LED lights.
Regional Insights:
India
China
Europe
Japan
Brazil
Russia
United States
On a geographical front, China enjoys the leading position in the market, accounting for the dominant share.
Competitive Landscape:
The market is concentrated in nature with the presence of few manufacturers who are competing against one another in terms of prices and quality. Some of these players include:
Nichia
Osram
Samsung Electronics
Everlight Electronics
LG Innotek
This report provides a deep insight into the global LED lighting industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a LED lighting manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the LED lighting industry in any manner.
Key Questions Answered in This Report
1. What was the size of the global LED lighting market in 2022?
2. What is the expected growth rate of the global LED lighting market during 2023-2028?
3. What are the key factors driving the global LED lighting market?
4. What has been the impact of COVID-19 on the global LED lighting market?
5. What is the breakup of the global LED lighting market based on the application?
6. What are the key regions in the global LED lighting market?
7. Who are the key players/companies in the global 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 MARKET
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Market Breakup by Region
5.4 Market Breakup by Application
5.5 Market Breakup by Technology
5.6 Market Forecast
6 GLOBAL LED LIGHTING MARKET
6.1 Market Overview
6.2 Market Performance
6.2.1 Volume Trends
6.2.2 Value Trends
6.3 Impact of COVID-19
6.4 Price Trends
6.5 Market Breakup by Region
6.6 Market by Product Type
6.6.1 LED Lamps and Modules: Market Trends
6.6.2 LED Fixtures: Market Trends
6.6.3 Market Forecast
6.7 Market Breakup by Application
6.8 Market Forecast
6.9 SWOT Analysis
6.9.1 Overview
6.9.2 Strengths
6.9.3 Weaknesses
6.9.4 Opportunities
6.9.5 Threats
6.10 Value Chain Analysis
6.10.1 Primary Raw Materials Suppliers
6.10.2 LED Chip Manufacturers
6.10.3 LED Package and Module Manufacturers
6.10.4 Lighting Products, Electronic Products and Automotive Part Manufacturers
6.10.5 Product Distribution
6.10.6 End Users
6.11 Porter’s Five Forces Analysis
6.11.1 Overview
6.11.2 Bargaining Power of Buyers
6.11.3 Bargaining Power of Suppliers
6.11.4 Degree of Competition
6.11.5 Threat of New Entrants
6.11.6 Threat of Substitutes
6.12 Key Market Drivers and Success Factors
6.13 Key Risk Factors for LED Manufacturers
6.14 Comparison of LED’s with Conventional Lighting Technologies
7 PERFORMANCE OF KEY REGIONS
7.1 India
7.1.1 India Lighting Market
7.1.1.1 Market Performance
7.1.1.2 Market Breakup by Application
7.1.1.3 Market Breakup by Technology
7.1.1.4 Market Forecast
7.1.2 India LED Lighting Market
7.1.2.1 Market Performance
7.1.2.2 Market Forecast
7.1.2.3 Key Players
7.2 China
7.2.1 China Lighting Market
7.2.1.1 Market Performance
7.2.1.2 Market Breakup by Application
7.2.1.3 Market Breakup by Technology
7.2.1.4 Market Forecast
7.2.2 China LED Lighting Market
7.2.2.1 Market Performance
7.2.2.2 Market Forecast
7.2.2.3 Key Players
7.3 Europe
7.3.1 Europe Lighting Market
7.3.1.1 Market Performance
7.3.1.2 Market Breakup by Application
7.3.1.3 Market Breakup by Technology
7.3.1.4 Market Forecast
7.3.2 Europe LED Lighting Market
7.3.2.1 Market Performance
7.3.2.2 Market Forecast
7.3.2.3 Key Players
7.4 United States
7.4.1 United States Lighting Market
7.4.1.1 Market Performance
7.4.1.2 Market Breakup by Application
7.4.1.3 Market Breakup by Technology
7.4.1.4 Market Forecast
7.4.2 United States LED Lighting Market
7.4.2.1 Market Performance
7.4.2.2 Market Forecast
7.4.2.3 Key Players
7.5 Japan
7.5.1 Japan Lighting Market
7.5.1.1 Market Performance
7.5.1.2 Market Breakup by Application
7.5.1.3 Market Breakup by Technology
7.5.1.4 Market Forecast
7.5.2 Japan LED Lighting Market
7.5.2.1 Market Performance
7.5.2.2 Market Forecast
7.5.2.3 Key Players
7.6 Brazil
7.6.1 Brazil Lighting Market
7.6.1.1 Market Performance
7.6.1.2 Market Breakup by Application
7.6.1.3 Market Breakup by Technology
7.6.1.4 Market Forecast
7.6.2 Brazil LED Lighting Market
7.6.2.1 Market Performance
7.6.2.2 Market Forecast
7.6.2.3 Key Players
7.7 Russia
7.7.1 Russia Lighting Market
7.7.1.1 Market Performance
7.7.1.2 Market Breakup by Application
7.7.1.3 Market Breakup by Technology
7.7.1.4 Market Forecast
7.7.2 Russia LED Lighting Market
7.7.2.1 Market Performance
7.7.2.2 Market Forecast
7.7.2.3 Key Players
8 MARKET BY APPLICATION
8.1 Retrofit
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Retail and Hospitality
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Outdoor
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Offices
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Architectural
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Homes
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Industrial
8.7.1 Market Trends
8.7.2 Market Forecast
9 COMPETITIVE LANDSCAPE
9.1 Market Structure
9.2 Market Breakup by Key Players
10 LED (SMD) MANUFACTURING PROCESS
10.1 Product Overview
10.2 Detailed Process Flow
10.3 Various Types of Unit Operations Involved
10.4 Mass Balance and Raw Material Requirements
11 PROJECT DETAILS, REQUIREMENTS AND COSTS INVOLVED
11.1 Land Requirements and Expenditures
11.2 Construction Requirements and Expenditures
11.3 Plant Layout
11.4 Plant Machinery
11.5 Machinery Pictures
11.6 Raw Material Requirements and Expenditures
11.7 Raw Material and Final Product Pictures
11.8 Packaging Requirements and Expenditures
11.9 Transportation Requirements and Expenditures
11.10 Utility Requirements and Expenditures
11.11 Manpower Requirements and Expenditures
11.12 Other Capital Investments
12 LOANS AND FINANCIAL ASSISTANCE
13 PROJECT ECONOMICS
13.1 Capital Cost of the Project
13.2 Techno-Economic Parameters
13.3 Product Pricing and Margins Across Various Levels of the Supply Chain
13.4 Income Projections
13.5 Expenditure Projections
13.6 Taxation and Depreciation
13.7 Financial Analysis
13.8 Profit Analysis
14 KEY PLAYER PROFILES
14.1 Nichia
14.2 Osram
14.3 Samsung Electronics
14.4 Everlight Electronics
14.5 LG Innotek
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 MARKET
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Market Breakup by Region
5.4 Market Breakup by Application
5.5 Market Breakup by Technology
5.6 Market Forecast
6 GLOBAL LED LIGHTING MARKET
6.1 Market Overview
6.2 Market Performance
6.2.1 Volume Trends
6.2.2 Value Trends
6.3 Impact of COVID-19
6.4 Price Trends
6.5 Market Breakup by Region
6.6 Market by Product Type
6.6.1 LED Lamps and Modules: Market Trends
6.6.2 LED Fixtures: Market Trends
6.6.3 Market Forecast
6.7 Market Breakup by Application
6.8 Market Forecast
6.9 SWOT Analysis
6.9.1 Overview
6.9.2 Strengths
6.9.3 Weaknesses
6.9.4 Opportunities
6.9.5 Threats
6.10 Value Chain Analysis
6.10.1 Primary Raw Materials Suppliers
6.10.2 LED Chip Manufacturers
6.10.3 LED Package and Module Manufacturers
6.10.4 Lighting Products, Electronic Products and Automotive Part Manufacturers
6.10.5 Product Distribution
6.10.6 End Users
6.11 Porter’s Five Forces Analysis
6.11.1 Overview
6.11.2 Bargaining Power of Buyers
6.11.3 Bargaining Power of Suppliers
6.11.4 Degree of Competition
6.11.5 Threat of New Entrants
6.11.6 Threat of Substitutes
6.12 Key Market Drivers and Success Factors
6.13 Key Risk Factors for LED Manufacturers
6.14 Comparison of LED’s with Conventional Lighting Technologies
7 PERFORMANCE OF KEY REGIONS
7.1 India
7.1.1 India Lighting Market
7.1.1.1 Market Performance
7.1.1.2 Market Breakup by Application
7.1.1.3 Market Breakup by Technology
7.1.1.4 Market Forecast
7.1.2 India LED Lighting Market
7.1.2.1 Market Performance
7.1.2.2 Market Forecast
7.1.2.3 Key Players
7.2 China
7.2.1 China Lighting Market
7.2.1.1 Market Performance
7.2.1.2 Market Breakup by Application
7.2.1.3 Market Breakup by Technology
7.2.1.4 Market Forecast
7.2.2 China LED Lighting Market
7.2.2.1 Market Performance
7.2.2.2 Market Forecast
7.2.2.3 Key Players
7.3 Europe
7.3.1 Europe Lighting Market
7.3.1.1 Market Performance
7.3.1.2 Market Breakup by Application
7.3.1.3 Market Breakup by Technology
7.3.1.4 Market Forecast
7.3.2 Europe LED Lighting Market
7.3.2.1 Market Performance
7.3.2.2 Market Forecast
7.3.2.3 Key Players
7.4 United States
7.4.1 United States Lighting Market
7.4.1.1 Market Performance
7.4.1.2 Market Breakup by Application
7.4.1.3 Market Breakup by Technology
7.4.1.4 Market Forecast
7.4.2 United States LED Lighting Market
7.4.2.1 Market Performance
7.4.2.2 Market Forecast
7.4.2.3 Key Players
7.5 Japan
7.5.1 Japan Lighting Market
7.5.1.1 Market Performance
7.5.1.2 Market Breakup by Application
7.5.1.3 Market Breakup by Technology
7.5.1.4 Market Forecast
7.5.2 Japan LED Lighting Market
7.5.2.1 Market Performance
7.5.2.2 Market Forecast
7.5.2.3 Key Players
7.6 Brazil
7.6.1 Brazil Lighting Market
7.6.1.1 Market Performance
7.6.1.2 Market Breakup by Application
7.6.1.3 Market Breakup by Technology
7.6.1.4 Market Forecast
7.6.2 Brazil LED Lighting Market
7.6.2.1 Market Performance
7.6.2.2 Market Forecast
7.6.2.3 Key Players
7.7 Russia
7.7.1 Russia Lighting Market
7.7.1.1 Market Performance
7.7.1.2 Market Breakup by Application
7.7.1.3 Market Breakup by Technology
7.7.1.4 Market Forecast
7.7.2 Russia LED Lighting Market
7.7.2.1 Market Performance
7.7.2.2 Market Forecast
7.7.2.3 Key Players
8 MARKET BY APPLICATION
8.1 Retrofit
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Retail and Hospitality
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Outdoor
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Offices
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Architectural
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Homes
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Industrial
8.7.1 Market Trends
8.7.2 Market Forecast
9 COMPETITIVE LANDSCAPE
9.1 Market Structure
9.2 Market Breakup by Key Players
10 LED (SMD) MANUFACTURING PROCESS
10.1 Product Overview
10.2 Detailed Process Flow
10.3 Various Types of Unit Operations Involved
10.4 Mass Balance and Raw Material Requirements
11 PROJECT DETAILS, REQUIREMENTS AND COSTS INVOLVED
11.1 Land Requirements and Expenditures
11.2 Construction Requirements and Expenditures
11.3 Plant Layout
11.4 Plant Machinery
11.5 Machinery Pictures
11.6 Raw Material Requirements and Expenditures
11.7 Raw Material and Final Product Pictures
11.8 Packaging Requirements and Expenditures
11.9 Transportation Requirements and Expenditures
11.10 Utility Requirements and Expenditures
11.11 Manpower Requirements and Expenditures
11.12 Other Capital Investments
12 LOANS AND FINANCIAL ASSISTANCE
13 PROJECT ECONOMICS
13.1 Capital Cost of the Project
13.2 Techno-Economic Parameters
13.3 Product Pricing and Margins Across Various Levels of the Supply Chain
13.4 Income Projections
13.5 Expenditure Projections
13.6 Taxation and Depreciation
13.7 Financial Analysis
13.8 Profit Analysis
14 KEY PLAYER PROFILES
14.1 Nichia
14.2 Osram
14.3 Samsung Electronics
14.4 Everlight Electronics
14.5 LG Innotek
LIST OF TABLES
Table 1: Global: Lighting Industry Overview
Table 2: Global: LED Lighting Market Overview
Table 3: Comparison of LED’s with Incandescent Bulb and Compact Fluorescent Lamps (Based on Energy Efficiency and Environmental Impact)
Table 4: Comparison of LED’s with Incandescent Bulb and Compact Fluorescent Lamps (Based on Luminous Flux)
Table 5: Global: LED Lighting Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 6: Global: LED Lighting Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: LED Lighting Market: Competitive Structure
Table 8: SMD LED: Various Types and Their Dimensions
Table 9: SMD LED Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 10: SMD LED Manufacturing Plant: Costs Related to Civil Works (in US$)
Table 11: SMD LED Manufacturing Plant: Machinery Costs (in US$)
Table 12: SMD LED Manufacturing Plant: Raw Material Requirements (in g/Day) and Expenditures (US$/Unit)
Table 13: SMD LED Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
Table 14: SMD LED Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
Table 15: Details of Financial Assistance Offered by Financial Institutions
Table 16: SMD LED Manufacturing Plant: Capital Costs (in US$)
Table 17: SMD LED Manufacturing Plant: Techno-Economic Parameters
Table 18: SMD LED Manufacturing Plant: Income Projections (in US$)
Table 19: SMD LED Manufacturing Plant: Expenditure Projections (in US$)
Table 20: SMD LED Manufacturing Plant: Taxation (in US$)
Table 21: SMD LED Manufacturing Plant: Depreciation (in US$)
Table 22: SMD LED Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability
Table 23: SMD LED Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability
Table 24: SMD LED Manufacturing Plant: Profit and Loss Account (in US$)
Table 1: Global: Lighting Industry Overview
Table 2: Global: LED Lighting Market Overview
Table 3: Comparison of LED’s with Incandescent Bulb and Compact Fluorescent Lamps (Based on Energy Efficiency and Environmental Impact)
Table 4: Comparison of LED’s with Incandescent Bulb and Compact Fluorescent Lamps (Based on Luminous Flux)
Table 5: Global: LED Lighting Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 6: Global: LED Lighting Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: LED Lighting Market: Competitive Structure
Table 8: SMD LED: Various Types and Their Dimensions
Table 9: SMD LED Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 10: SMD LED Manufacturing Plant: Costs Related to Civil Works (in US$)
Table 11: SMD LED Manufacturing Plant: Machinery Costs (in US$)
Table 12: SMD LED Manufacturing Plant: Raw Material Requirements (in g/Day) and Expenditures (US$/Unit)
Table 13: SMD LED Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
Table 14: SMD LED Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
Table 15: Details of Financial Assistance Offered by Financial Institutions
Table 16: SMD LED Manufacturing Plant: Capital Costs (in US$)
Table 17: SMD LED Manufacturing Plant: Techno-Economic Parameters
Table 18: SMD LED Manufacturing Plant: Income Projections (in US$)
Table 19: SMD LED Manufacturing Plant: Expenditure Projections (in US$)
Table 20: SMD LED Manufacturing Plant: Taxation (in US$)
Table 21: SMD LED Manufacturing Plant: Depreciation (in US$)
Table 22: SMD LED Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability
Table 23: SMD LED Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability
Table 24: SMD LED Manufacturing Plant: Profit and Loss Account (in US$)
LIST OF FIGURES
Figure 1: Global LED Industry: Major Drivers and Challenges
Figure 2: Global: Lighting Market: Sales Volume (in Billion Units), 2017-2022
Figure 3: Global: Lighting Market: Sales Value (in Billion US$), 2017-2022
Figure 4: Global: Lighting Market: Breakup by Region (in %), 2022
Figure 5: Global: Lighting Market: Breakup by Application (in %), 2022
Figure 6: Global: Lighting Market: Breakup by Technology (in %), 2022
Figure 7: Global: Lighting Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 8: Global: Lighting Market Forecast: Sales Volume (in Billion Units), 2023-2028
Figure 9: Global: LED Lighting Market: Sales Volume (in Billion Units), 2017-2022
Figure 10: Global: LED Lighting Market: Sales Value (in Billion US$), 2017-2022
Figure 11: China: LED Lighting Market: Price Trends (in US$/Unit), 2017-2028
Figure 12: Global: LED Lighting Market: Breakup by Region (in %), 2022
Figure 13: Global: LED Lamps and Modules Market: Sales Volume (in Million Units), 2017-2022
Figure 14: Global: LED Fixtures Market: Sales Volume (in Million Units), 2017-2022
Figure 15: Global: LED Lamps and Modules Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 16: Global: LED Fixtures Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 17: Global: LED Lighting Market: Breakup by Application (in %), 2022
Figure 18: Global: LED Lighting Market Forecast: Sales Volume (in Billion Units), 2023-2028
Figure 19: Global: LED Lighting Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 20: Global: LED Lighting Industry: SWOT Analysis
Figure 21: Global: LED Lighting Industry: Value Chain Analysis
Figure 22: Global: LED Lighting Industry: Porter’s Five Forces Analysis
Figure 23: India: Lighting Market: Sales Value (in Billion US$), 2017-2022
Figure 24: India: Lighting Market: Breakup by Application (in %), 2022
Figure 25: India: Lighting Market: Breakup by Technology* (in %), 2022
Figure 26: India: Lighting Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 27: India: LED Lighting Market: Sales Value (in Million US$), 2017-2022
Figure 28: India: LED Lighting Market: Sales Volume (in Million Units), 2017-2022
Figure 29: India: LED Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: India: LED Lighting Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 31: India: LED Market: Key Players Market Share (in %), 2022
Figure 32: China: Lighting Market: Sales Value (in Billion US$), 2017-2022
Figure 33: China: Lighting Market: Breakup by Application (in %), 2022
Figure 34: China: Lighting Market: Breakup by Technology (in %), 2022
Figure 35: China: Lighting Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 36: China: LED Lighting Market: Sales Value (in Billion US$), 2017-2022
Figure 37: China: LED Lighting Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 38: China: LED Lighting Market: Key Players Market Share (in %), 2022
Figure 39: Europe: Lighting Market: Sales Value (in Billion US$), 2017-2022
Figure 40: Europe: Lighting Market: Breakup by Application (in %), 2022
Figure 41: Europe: Lighting Market: Breakup by Technology (in %), 2022
Figure 42: Europe: Lighting Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 43: Europe: LED Lighting Market: Sales Value (in Billion US$), 2017-2022
Figure 44: Europe: LED Lighting Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 45: Europe: LED Lighting Market: Key Players Market Share (in %), 2022
Figure 46: United States: Lighting Market: Sales Value (in Billion US$), 2017-2022
Figure 47: United States: Lighting Market: Breakup by Application (in %), 2022
Figure 48: United States: Lighting Market: Breakup by Technology (in %), 2022
Figure 49: United States: Lighting Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 50: United States: LED Lighting Market: Sales Value (in Billion US$), 2017-2022
Figure 51: United States: LED Lighting Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 52: United States: LED Lighting Market: Key Players Market Share (in %), 2022
Figure 53: Japan: Lighting Market: Sales Value (in Billion US$), 2017-2022
Figure 54: Japan: Lighting Market: Breakup by Application (in %), 2022
Figure 55: Japan: Lighting Market: Breakup by Technology (in %), 2022
Figure 56: Japan: Lighting Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 57: Japan: LED Lighting Market: Sales Value (in Billion US$), 2017-2022
Figure 58: Japan: LED Lighting Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 59: Japan: LED Lighting Market: Key Players Market Share (in %), 2022
Figure 60: Brazil: Lighting Market: Sales Value (in Billion US$), 2017-2022
Figure 61: Brazil: Lighting Market: Breakup by Application (in %), 2022
Figure 62: Brazil: Lighting Market: Breakup by Technology (in %), 2022
Figure 63: Brazil: Lighting Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 64: Brazil: LED Lighting Market: Sales Value (in Million US$), 2017-2022
Figure 65: Brazil: LED Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Brazil: LED Lighting Market: Key Players Market Share (in %), 2022
Figure 67: Russia: Lighting Market: Sales Value (in Billion US$), 2017-2022
Figure 68: Russia: Lighting Market: Breakup by Application (in %), 2022
Figure 69: Russia: Lighting Market: Breakup by Technology (in %), 2022
Figure 70: Russia: Lighting Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 71: Russia: LED Lighting Market: Sales Value (in Million US$), 2017-2022
Figure 72: Russia: LED Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Russia: LED Lighting Market: Key Players Market Share (in %), 2022
Figure 74: Global: LED Lighting Market: Retrofit (in Million US$), 2017 & 2022
Figure 75: Global: LED Lighting Market Forecast: Retrofit (in Million US$), 2023-2028
Figure 76: Global: LED Lighting Market: Retail and Hospitality (in Million US$), 2017 & 2022
Figure 77: Global: LED Lighting Market Forecast: Retail and Hospitality (in Million US$), 2023-2028
Figure 78: Global: LED Lighting Market: Outdoor (in Million US$), 2017 & 2022
Figure 79: Global: LED Lighting Market Forecast: Outdoor (in Million US$), 2023-2028
Figure 80: Global: LED Lighting Market: Offices (in Million US$), 2017 & 2022
Figure 81: Global: LED Lighting Market Forecast: Offices (in Million US$), 2023-2028
Figure 82: Global: LED Lighting Market: Architectural (in Million US$), 2017 & 2022
Figure 83: Global: LED Lighting Market Forecast: Architectural (in Million US$), 2023-2028
Figure 84: Global: LED Lighting Market: Homes (in Million US$), 2017 & 2022
Figure 85: Global: LED Lighting Market Forecast: Homes (in Million US$), 2023-2028
Figure 86: Global: LED Lighting Market: Industrial (in Million US$), 2017 & 2022
Figure 87: Global: LED Lighting Market Forecast: Industrial (in Million US$), 2023-2028
Figure 88: Global: LED Market: Breakup of Key Players (in %), 2022
Figure 89: SMD LED Manufacturing Plant: Detailed Process Flow
Figure 90: SMD LED Manufacturing Plant: Various Unit Operations Involved
Figure 91: SMD LED Manufacturing Process: Conversion Rate of Products
Figure 92: SMD LED Manufacturing Plant: Raw Material Requirements (in grams or units /Day)
Figure 93: SMD LED Manufacturing Plant: Proposed Plant Layout
Figure 94: SMD LED Manufacturing Plant: Breakup of Capital Costs (in %)
Figure 95: SMD LED Industry: Margins Across Various Stages of the Supply Chain
Figure 96: SMD LED Production: Manufacturing Cost Breakup (in %)
Figure 1: Global LED Industry: Major Drivers and Challenges
Figure 2: Global: Lighting Market: Sales Volume (in Billion Units), 2017-2022
Figure 3: Global: Lighting Market: Sales Value (in Billion US$), 2017-2022
Figure 4: Global: Lighting Market: Breakup by Region (in %), 2022
Figure 5: Global: Lighting Market: Breakup by Application (in %), 2022
Figure 6: Global: Lighting Market: Breakup by Technology (in %), 2022
Figure 7: Global: Lighting Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 8: Global: Lighting Market Forecast: Sales Volume (in Billion Units), 2023-2028
Figure 9: Global: LED Lighting Market: Sales Volume (in Billion Units), 2017-2022
Figure 10: Global: LED Lighting Market: Sales Value (in Billion US$), 2017-2022
Figure 11: China: LED Lighting Market: Price Trends (in US$/Unit), 2017-2028
Figure 12: Global: LED Lighting Market: Breakup by Region (in %), 2022
Figure 13: Global: LED Lamps and Modules Market: Sales Volume (in Million Units), 2017-2022
Figure 14: Global: LED Fixtures Market: Sales Volume (in Million Units), 2017-2022
Figure 15: Global: LED Lamps and Modules Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 16: Global: LED Fixtures Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 17: Global: LED Lighting Market: Breakup by Application (in %), 2022
Figure 18: Global: LED Lighting Market Forecast: Sales Volume (in Billion Units), 2023-2028
Figure 19: Global: LED Lighting Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 20: Global: LED Lighting Industry: SWOT Analysis
Figure 21: Global: LED Lighting Industry: Value Chain Analysis
Figure 22: Global: LED Lighting Industry: Porter’s Five Forces Analysis
Figure 23: India: Lighting Market: Sales Value (in Billion US$), 2017-2022
Figure 24: India: Lighting Market: Breakup by Application (in %), 2022
Figure 25: India: Lighting Market: Breakup by Technology* (in %), 2022
Figure 26: India: Lighting Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 27: India: LED Lighting Market: Sales Value (in Million US$), 2017-2022
Figure 28: India: LED Lighting Market: Sales Volume (in Million Units), 2017-2022
Figure 29: India: LED Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: India: LED Lighting Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 31: India: LED Market: Key Players Market Share (in %), 2022
Figure 32: China: Lighting Market: Sales Value (in Billion US$), 2017-2022
Figure 33: China: Lighting Market: Breakup by Application (in %), 2022
Figure 34: China: Lighting Market: Breakup by Technology (in %), 2022
Figure 35: China: Lighting Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 36: China: LED Lighting Market: Sales Value (in Billion US$), 2017-2022
Figure 37: China: LED Lighting Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 38: China: LED Lighting Market: Key Players Market Share (in %), 2022
Figure 39: Europe: Lighting Market: Sales Value (in Billion US$), 2017-2022
Figure 40: Europe: Lighting Market: Breakup by Application (in %), 2022
Figure 41: Europe: Lighting Market: Breakup by Technology (in %), 2022
Figure 42: Europe: Lighting Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 43: Europe: LED Lighting Market: Sales Value (in Billion US$), 2017-2022
Figure 44: Europe: LED Lighting Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 45: Europe: LED Lighting Market: Key Players Market Share (in %), 2022
Figure 46: United States: Lighting Market: Sales Value (in Billion US$), 2017-2022
Figure 47: United States: Lighting Market: Breakup by Application (in %), 2022
Figure 48: United States: Lighting Market: Breakup by Technology (in %), 2022
Figure 49: United States: Lighting Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 50: United States: LED Lighting Market: Sales Value (in Billion US$), 2017-2022
Figure 51: United States: LED Lighting Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 52: United States: LED Lighting Market: Key Players Market Share (in %), 2022
Figure 53: Japan: Lighting Market: Sales Value (in Billion US$), 2017-2022
Figure 54: Japan: Lighting Market: Breakup by Application (in %), 2022
Figure 55: Japan: Lighting Market: Breakup by Technology (in %), 2022
Figure 56: Japan: Lighting Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 57: Japan: LED Lighting Market: Sales Value (in Billion US$), 2017-2022
Figure 58: Japan: LED Lighting Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 59: Japan: LED Lighting Market: Key Players Market Share (in %), 2022
Figure 60: Brazil: Lighting Market: Sales Value (in Billion US$), 2017-2022
Figure 61: Brazil: Lighting Market: Breakup by Application (in %), 2022
Figure 62: Brazil: Lighting Market: Breakup by Technology (in %), 2022
Figure 63: Brazil: Lighting Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 64: Brazil: LED Lighting Market: Sales Value (in Million US$), 2017-2022
Figure 65: Brazil: LED Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Brazil: LED Lighting Market: Key Players Market Share (in %), 2022
Figure 67: Russia: Lighting Market: Sales Value (in Billion US$), 2017-2022
Figure 68: Russia: Lighting Market: Breakup by Application (in %), 2022
Figure 69: Russia: Lighting Market: Breakup by Technology (in %), 2022
Figure 70: Russia: Lighting Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 71: Russia: LED Lighting Market: Sales Value (in Million US$), 2017-2022
Figure 72: Russia: LED Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Russia: LED Lighting Market: Key Players Market Share (in %), 2022
Figure 74: Global: LED Lighting Market: Retrofit (in Million US$), 2017 & 2022
Figure 75: Global: LED Lighting Market Forecast: Retrofit (in Million US$), 2023-2028
Figure 76: Global: LED Lighting Market: Retail and Hospitality (in Million US$), 2017 & 2022
Figure 77: Global: LED Lighting Market Forecast: Retail and Hospitality (in Million US$), 2023-2028
Figure 78: Global: LED Lighting Market: Outdoor (in Million US$), 2017 & 2022
Figure 79: Global: LED Lighting Market Forecast: Outdoor (in Million US$), 2023-2028
Figure 80: Global: LED Lighting Market: Offices (in Million US$), 2017 & 2022
Figure 81: Global: LED Lighting Market Forecast: Offices (in Million US$), 2023-2028
Figure 82: Global: LED Lighting Market: Architectural (in Million US$), 2017 & 2022
Figure 83: Global: LED Lighting Market Forecast: Architectural (in Million US$), 2023-2028
Figure 84: Global: LED Lighting Market: Homes (in Million US$), 2017 & 2022
Figure 85: Global: LED Lighting Market Forecast: Homes (in Million US$), 2023-2028
Figure 86: Global: LED Lighting Market: Industrial (in Million US$), 2017 & 2022
Figure 87: Global: LED Lighting Market Forecast: Industrial (in Million US$), 2023-2028
Figure 88: Global: LED Market: Breakup of Key Players (in %), 2022
Figure 89: SMD LED Manufacturing Plant: Detailed Process Flow
Figure 90: SMD LED Manufacturing Plant: Various Unit Operations Involved
Figure 91: SMD LED Manufacturing Process: Conversion Rate of Products
Figure 92: SMD LED Manufacturing Plant: Raw Material Requirements (in grams or units /Day)
Figure 93: SMD LED Manufacturing Plant: Proposed Plant Layout
Figure 94: SMD LED Manufacturing Plant: Breakup of Capital Costs (in %)
Figure 95: SMD LED Industry: Margins Across Various Stages of the Supply Chain
Figure 96: SMD LED Production: Manufacturing Cost Breakup (in %)
