전구 시장 - 점유율, 시장 규모, 동향, 산업 분석 보고서 : 유형별, 용도별, 지역별, 부문별 예측(2023-2032년)

The global bulb market size is expected to reach USD 89.73 billion by 2032, according to a new study by Polaris Market Research. The report "Bulb Market Share, Size, Trends, Industry Analysis Report, By Type (Incandescent Bulbs, Fluorescent Bulbs, CFLs, Halogens, LEDs); By Application; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.

The growing innovations driven by rising research and development activities among key market players are boosting the expansion of the global market. Sengled introduced its smart health monitoring light bulb A19. It is equipped with radar technology and a dual-system (WiFi/Bluetooth) health monitoring bulb. This smart bulb enables users to monitor their sleep, track vitals, & detect falls. As companies come forward to innovate and renovate new bulbs with technological advancements, this will further drive demand from consumers, which, in a way, will contribute to the growth of the global bulb market in the coming years.

Furthermore, the growth of the Internet of Things created new growth opportunities for bulbs as it enabled the control of the use of electrical appliances, including lights, refrigerators, coffee makers, and more, with gadgets. This will further fuel the demand and growth of the bulb market in the coming years.

The evolution of technological innovations, from the initial incandescent bulb by Thomas Edison to the latest LED lights, has changed the way we illuminate houses and our surroundings. The rising technological adoption is further expected to fuel the growth of the bulb with the latest product designs by scientists to cater to ongoing consumer needs. Furthermore, the developments in bulb technology not only assist users in saving energy costs but also cut down on greenhouse gas emissions at the global level.

According to the US Department of Energy, with the growing adoption of LED lights across the nation, by 2027, it can save around 348 TWh of electricity. Lower consumption of energy can contribute to environmental sustainability as it reduces the emission of greenhouse gases. Governments are initiating new policies to fuel research activities on developing efficient bulbs to save energy, along with the intention of improving the availability of bulbs to the population. This will further enhance the market outreach of bulbs and fuel the growth of the global market in the next few years.

Bulb Market Report Highlights

The LED segment is anticipated to witness the highest growth due to its ability to cut energy costs.

Automobile headlights held the largest share owing to the growing need for bulbs in vehicles to increase safety at night.

Asia Pacific will grow at a rapid pace, owing to favorable government initiatives to promote energy-efficient bulbs

North America is expected to have the fastest growth owing to the rising environmental concerns attributable to the higher energy consumables.

The global players include: Acuity Brands, Cree, Eaton, Everlight Electronics, GE Lighting, Osram, Philips Lighting, Seoul Semiconductor & Zumtobel Group.

Polaris Market Research has segmented the bulb market report based on type, application and region:

Bulb, Type Outlook (Revenue - USD Billion, 2019 - 2032)

• Incandescent Bulbs
• Fluorescent Bulbs
• CFLs
• Halogens
• LEDs

Bulb, Application Outlook (Revenue - USD Billion, 2019 - 2032)

• Lamps & Light Bulbs
• Operation Theatre (OT Instruments)
• Torchlights and Flashlights
• Automobile Headlights
• Mining Headgears
• Others

Bulb, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands
• Asia Pacific
• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia
• Latin America
• Argentina
• Brazil
• Mexico
• Middle East & Africa
• UAE
• Saudi Arabia
• Israel
• South Africa

Table of Contents

1. Introduction

• 1.1. Report Description
  • 1.1.1. Objectives of the Study
  • 1.1.2. Market Scope
  • 1.1.3. Assumptions
• 1.2. Stakeholders

2. Executive Summary

• 2.1. Market Highlights

3. Research Methodology

• 3.1. Overview
  • 3.1.1. Data Mining
• 3.2. Data Sources
  • 3.2.1. Primary Sources
  • 3.2.2. Secondary Sources

4. Global Bulb Market Insights

• 4.1. Bulb Market - Industry Snapshot
• 4.2. Bulb Market Dynamics
  • 4.2.1. Drivers and Opportunities
    • 4.2.1.1. Rising product innovations in the global space
    • 4.2.1.2. Smart Lighting Solutions and Home Automation Trends
  • 4.2.2. Restraints and Challenges
    • 4.2.2.1. Energy-Efficiency Transition
• 4.3. Porter's Five Forces Analysis
  • 4.3.1. Bargaining Power of Suppliers (Moderate)
  • 4.3.2. Threats of New Entrants: (Low)
  • 4.3.3. Bargaining Power of Buyers (Moderate)
  • 4.3.4. Threat of Substitute (Moderate)
  • 4.3.5. Rivalry among existing firms (High)
• 4.4. PESTLE Analysis
• 4.5. Bulb Industry trends
• 4.6. Value Chain Analysis
• 4.7. COVID-19 Impact Analysis

5. Global Bulb Market, by Product Type

• 5.1. Key Findings
• 5.2. Introduction
  • 5.2.1. Global Bulb, by Product Type, 2019-2032 (USD Billion)
• 5.3. Incandescent Bulbs
  • 5.3.1. Global Bulb Market, by Incandescent Bulbs, by Region, 2019-2032 (USD Billion)
• 5.4. Fluorescent Bulbs
  • 5.4.1. Global Bulb Market, by Fluorescent Bulbs, by Region, 2019-2032 (USD Billion)
• 5.3. CFLs
  • 5.3.1. Global Bulb Market, by CFLs, by Region, 2019-2032 (USD Billion)
• 5.4. Halogens
  • 5.4.1. Global Bulb Market, by Halogens, by Region, 2019-2032 (USD Billion)
• 5.3. LEDs
  • 5.3.1. Global Bulb Market, by LEDs, by Region, 2019-2032 (USD Billion)

6. Global Bulb Market, by Application

• 6.1. Key Findings
• 6.2. Introduction
  • 6.2.1. Global Bulb Market, by Application, 2019-2032 (USD Billion)
• 6.3. Lamps & Light Bulbs
  • 6.3.1. Global Bulb Market, by Lamps & Light Bulbs, by Region, 2019-2032 (USD Billion)
• 6.4. Operation Theatre (OT Instruments)
  • 6.4.1. Global Bulb Market, by Operation Theatre (OT Instruments), by Region, 2019-2032 (USD Billion)
• 6.5. Torchlights and Flashlights
  • 6.5.1. Global Bulb Market, by Torchlights and Flashlights, by Region, 2019-2032 (USD Billion)
• 6.6. Automobile Headlights
  • 6.6.1. Global Bulb Market, by Automobile Headlights, by Region, 2019-2032 (USD Billion)
• 6.7. Mining Headgears
  • 6.7.1. Global Bulb Market, by Mining Headgears, by Region, 2019-2032 (USD Billion)
• 6.8. Others
  • 6.8.1. Global Bulb Market, by Others, by Region, 2019-2032 (USD Billion)

7. Global Bulb Market, by Geography

• 7.1. Key findings
• 7.2. Introduction
  • 7.2.1. Bulb Market Assessment, By Geography, 2019-2032 (USD Billion)
• 7.3. Bulb Market - North America
  • 7.3.1. North America: Bulb Market, by Application, 2019-2032 (USD Billion)
  • 7.3.2. North America: Bulb Market, by Product Type, 2019-2032 (USD Billion)
  • 7.3.3. Bulb Market - U.S.
    • 7.3.3.1. U.S.: Bulb Market, by Application, 2019-2032 (USD Billion)
    • 7.3.3.2. U.S.: Bulb Market, by Product Type, 2019-2032 (USD Billion)
  • 7.3.4. Bulb Market - Canada
    • 7.3.4.1. Canada: Bulb Market, by Application, 2019-2032 (USD Billion)
    • 7.3.4.2. Canada: Bulb Market, by Product Type, 2019-2032 (USD Billion)
• 7.4. Bulb Market - Europe
  • 7.4.1. Europe: Bulb Market, by Application, 2019-2032 (USD Billion)
  • 7.4.2. Europe: Bulb Market, by Product Type, 2019-2032 (USD Billion)
  • 7.4.3. Bulb Market - UK
    • 7.4.3.1. UK: Bulb Market, by Application, 2019-2032 (USD Billion)
    • 7.4.3.2. UK: Bulb Market, by Product Type, 2019-2032 (USD Billion)
  • 7.4.4. Bulb Market - France
    • 7.4.4.1. France: Bulb Market, by Application, 2019-2032 (USD Billion)
    • 7.4.4.2. France: Bulb Market, by Product Type, 2019-2032 (USD Billion)
  • 7.4.5. Bulb Market - Germany
    • 7.4.5.1. Germany: Bulb Market, by Application, 2019-2032 (USD Billion)
    • 7.4.5.2. Germany: Bulb Market, by Product Type, 2019-2032 (USD Billion)
  • 7.4.6. Bulb Market - Italy
    • 7.4.6.1. Italy: Bulb Market, by Application, 2019-2032 (USD Billion)
    • 7.4.6.2. Italy: Bulb Market, by Product Type, 2019-2032 (USD Billion)
  • 7.4.7. Bulb Market - Spain
    • 7.4.7.1. Spain: Bulb Market, by Application, 2019-2032 (USD Billion)
    • 7.4.7.2. Spain: Bulb Market, by Product Type, 2019-2032 (USD Billion)
  • 7.4.8. Bulb Market - Netherlands
    • 7.4.8.1. Netherlands: Bulb Market, by Application, 2019-2032 (USD Billion)
    • 7.4.8.2. Netherlands: Bulb Market, by Product Type, 2019-2032 (USD Billion)
  • 7.4.9. Bulb Market - Russia
    • 7.4.9.1. Russia: Bulb Market, by Application, 2019-2032 (USD Billion)
    • 7.4.9.2. Russia: Bulb Market, by Product Type, 2019-2032 (USD Billion)
• 7.5. Bulb Market - Asia Pacific
  • 7.5.1. Asia Pacific: Bulb Market, by Application, 2019-2032 (USD Billion)
  • 7.5.2. Asia Pacific: Bulb Market, by Product Type, 2019-2032 (USD Billion)
  • 7.5.3. Bulb Market - China
    • 7.5.3.1. China: Bulb Market, by Application, 2019-2032 (USD Billion)
    • 7.5.3.2. China: Bulb Market, by Product Type, 2019-2032 (USD Billion)
  • 7.5.4. Bulb Market - India
    • 7.5.4.1. India: Bulb Market, by Application, 2019-2032 (USD Billion)
    • 7.5.4.2. India: Bulb Market, by Product Type, 2019-2032 (USD Billion)
  • 7.5.5. Bulb Market - Malaysia
    • 7.5.5.1. Malaysia: Bulb Market, by Application, 2019-2032 (USD Billion)
    • 7.5.5.2. Malaysia: Bulb Market, by Product Type, 2019-2032 (USD Billion)
  • 7.5.6. Bulb Market - Japan
    • 7.5.6.1. Japan: Bulb Market, by Application, 2019-2032 (USD Billion)
    • 7.5.6.2. Japan: Bulb Market, by Product Type, 2019-2032 (USD Billion)
  • 7.5.7. Bulb Market - Indonesia
    • 7.5.7.1. Indonesia: Bulb Market, by Application, 2019-2032 (USD Billion)
    • 7.5.7.2. Indonesia: Bulb Market, by Product Type, 2019-2032 (USD Billion)
  • 7.5.8. Bulb Market - South Korea
    • 7.5.8.1. South Korea: Bulb Market, by Application, 2019-2032 (USD Billion)
    • 7.5.8.2. South Korea: Bulb Market, by Product Type, 2019-2032 (USD Billion)
• 7.6. Bulb Market - Middle East & Africa
  • 7.6.1. Middle East & Africa: Bulb Market, by Application, 2019-2032 (USD Billion)
  • 7.6.2. Middle East & Africa: Bulb Market, by Product Type, 2019-2032 (USD Billion)
  • 7.6.3. Bulb Market - Saudi Arabia
    • 7.6.3.1. Saudi Arabia: Bulb Market, by Application, 2019-2032 (USD Billion)
    • 7.6.3.2. Saudi Arabia: Bulb Market, by Product Type, 2019-2032 (USD Billion)
  • 7.6.4. Bulb Market - UAE
    • 7.6.4.1. UAE: Bulb Market, by Application, 2019-2032 (USD Billion)
    • 7.6.4.2. UAE: Bulb Market, by Product Type, 2019-2032 (USD Billion)
  • 7.6.5. Bulb Market - Israel
    • 7.6.5.1. Israel: Bulb Market, by Application, 2019-2032 (USD Billion)
    • 7.6.5.2. Israel: Bulb Market, by Product Type, 2019-2032 (USD Billion)
  • 7.6.6. Bulb Market - South Africa
    • 7.6.6.1. South Africa: Bulb Market, by Application, 2019-2032 (USD Billion)
    • 7.6.6.2. South Africa: Bulb Market, by Product Type, 2019-2032 (USD Billion)
• 7.7. Bulb Market - Latin America
  • 7.7.1. Latin America: Bulb Market, by Application, 2019-2032 (USD Billion)
  • 7.7.2. Latin America: Bulb Market, by Product Type, 2019-2032 (USD Billion)
  • 7.7.3. Bulb Market - Mexico
    • 7.7.3.1. Mexico: Bulb Market, by Application, 2019-2032 (USD Billion)
    • 7.7.3.2. Mexico: Bulb Market, by Product Type, 2019-2032 (USD Billion)
  • 7.7.4. Bulb Market - Brazil
    • 7.7.4.1. Brazil: Bulb Market, by Application, 2019-2032 (USD Billion)
    • 7.7.4.2. Brazil: Bulb Market, by Product Type, 2019-2032 (USD Billion)
  • 7.7.5. Bulb Market - Argentina
    • 7.7.5.1. Argentina: Bulb Market, by Application, 2019-2032 (USD Billion)
    • 7.7.5.2. Argentina: Bulb Market, by Product Type, 2019-2032 (USD Billion)

8. Competitive Landscape

• 8.1. Expansion and Acquisition Analysis
  • 8.1.1. Expansion
  • 8.1.2. Acquisitions
• 8.2. Partnerships/Collaborations/Agreements/Exhibitions

9. Company Profiles

• 9.1. Acuity Brands
  • 9.1.1. Company Overview
  • 9.1.2. Financial Performance
  • 9.1.3. Product Benchmarking
  • 9.1.4. Recent Development
• 9.2. Cree
  • 9.2.1. Company Overview
  • 9.2.2. Financial Performance
  • 9.2.3. Product Benchmarking
  • 9.2.4. Recent Development
• 9.3. Eaton
  • 9.3.1. Company Overview
  • 9.3.2. Financial Performance
  • 9.3.3. Product Benchmarking
  • 9.3.4. Recent Development
• 9.4. Everlight Electronics
  • 9.4.1. Company Overview
  • 9.4.2. Financial Performance
  • 9.4.3. Product Benchmarking
  • 9.4.4. Recent Development
• 9.5. GE Lighting
  • 9.5.1. Company Overview
  • 9.5.2. Financial Performance
  • 9.5.3. Product Benchmarking
  • 9.5.4. Recent Development
• 9.6. Nichia Corporation
  • 9.6.1. Company Overview
  • 9.6.2. Financial Performance
  • 9.6.3. Product Benchmarking
  • 9.6.4. Recent Development
• 9.7. Osram
  • 9.7.1. Company Overview
  • 9.7.2. Financial Performance
  • 9.7.3. Product Benchmarking
  • 9.7.4. Recent Development
• 9.8. Philips Lighting
  • 9.8.1. Company Overview
  • 9.8.2. Financial Performance
  • 9.8.3. Product Benchmarking
  • 9.8.4. Recent Development
• 9.9. Seoul Semiconductor
  • 9.9.1. Company Overview
  • 9.9.2. Financial Performance
  • 9.9.3. Product Benchmarking
  • 9.9.4. Recent Development
• 9.10. Zumtobel Group
  • 9.10.1. Company Overview
  • 9.10.2. Financial Performance
  • 9.10.3. Product Benchmarking
  • 9.10.4. Recent Development