세계의 LED 조명 시장 - 시장 규모, 점유율, 성장 분석 : 용도별, 최종사용자별 - 업계 예측(2022-2028년)

Global LED Lighting Market size was valued at USD 63.83 billion in 2021 and is poised to grow from USD 70.94 billion in 2022 to USD 168.87 billion by 2030, growing at a CAGR of 11% in the forecast period (2023-2030).

It is possible to reduce electricity costs by an estimated USD 18 billion by switching to energy-efficient LEDs. Additionally, it is possible to lower the annual carbon dioxide emissions by more than 160 million metric tonnes.

Lighting consumes over 10% of the electricity used in houses and 18-40% in commercial structures. Energy conservation is becoming more and more in demand on a global scale, creating new business prospects. By 2030, it is projected that switching to energy-efficient lighting will reduce the global demand for electricity for lighting by 30 to 40%.

In many countries throughout the world, LED lighting is becoming more and more popular. For instance, New York planned to replace 250,000 of its streetlights with LEDs, which was to be followed by the replacement of the ornamental lighting in urban areas.

In Barcelona (Spain), more than 3,000 LED-based smart streetlights have been installed, and they are collecting data on noise, humidity, pollution, and other environmental conditions. A further prediction made by the US Department of Energy (DOE) was that by 2020, light-emitting diodes would account for more than 75% of outdoor luminaire exports. Furthermore, assuming an additional 50% increase in LED luminaire efficacy over existing levels by 2020

Consumer concern for the environment, the durability of these lights, and government requirements for energy efficiency are all driving factors behind the growing use of LEDs. For instance, as part of its green initiatives to make its lighting and fixtures more energy-efficient, the Chennai Airport ordered six sets of LED base lights for disaster assistance.

The future of LED lighting is projected to be smart lighting as a result of various companies, including Philips, Magiclight, and Xiaomi, investing in technology. Philips is a global leader in led lighting with its voice assistant-compatible product, Hue.

Top-down and bottom-up approaches were used to estimate and validate the size of global Led Lighting Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to get the final quantitative and qualitative data.

Segments covered in this report

The global led lighting market has been segmented based on application, end-user, and region. Based on application, the LED Lighting Market is segmented into indoor and outdoor. Based on the end-user, the led lighting market is segmented into commercial, residential, industrial, and others. Based on region, the led lighting market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.

Driver

LED lighting consists of a light-emitting diode, an electronic driver, a cooling system, and optics. These parts aren't fragile or sealed under high pressure like typical high-wattage bulbs are. LED lighting technology results in much lower maintenance expenses. Using LED lights, which consume around 50% less electricity than traditional halogen, incandescent, and fluorescent lights, results in significant energy savings. The low voltage operation, absence of UV emissions, longevity, design flexibility, and durability of LED lighting are additional benefits. As a result of being more cost-effective and offering superior service, LED lighting is becoming more and more popular among businesses and communities.

LEDs typically have a lifespan of 30,000-50,000 hours, compared to 1,000-8,000 hours for incandescent bulbs and 8,000-30,000 hours for fluorescent lights, depending on the fixture. The long lifespan of LED luminaires results in low maintenance costs. Additionally, LED lighting consumes less energy to operate because it has a lower wattage yet still generates a brighter light. This helps to reduce energy use and costs, which is expected to drive the led lighting market's revenue growth between 2022 and 2030. Installation of LED lighting is one such measure that could reduce the chance of accidents at building sites. LEDs improve visibility and shield workers from burns when moving the lights, which is expected to fuel the growth of the LED Lighting Market. More building firms and architects are projected to migrate to LED lighting because it has a higher Return on Investment than conventional lighting and is made of durable epoxy resin.

Restraint

Setting minimum prices that the vast majority of people could afford while also lowering expenditure on bills and maintenance would be challenging. Even though LED lighting offers many advantages, most people still like fluorescent lighting. Fluorescent lights have a higher overall sales share than LED lighting solutions since consumers are less aware of their advantages and benefits. In addition, LED lighting solutions are more expensive than incandescent bulbs, and it is projected that the use of LED lighting will decline in the near future as cheap lighting products with short lifespans become more prevalent.

Market Trends

The market for LED lighting systems is currently mostly centred in Asia Pacificregions due to increased urbanisation rates and an increase in government initiatives that promote the usage of LED lights. The usage of LED lights has increased in a range of commercial, industrial, and residential contexts as a result of the government's support of investments in energy-efficient lighting technologies through various regulations.

In the steadily growing vehicle industry, there is a profitable possibility for the use of LEDs in headlamps, tail lamps, turn signals, and brake lights. Other key factors that are projected to influence the demand for LED lights include growing infrastructure spending, a quickening expansion of street lighting infrastructure, a decline in the average price of LEDs, as well as initiatives from various governments and upcoming smart building standards.

Table of Contents

Executive Summary

Market overview

• Exhibit: Executive Summary - Chart on Market Overview
• Exhibit: Executive Summary - Data Table on Market Overview
• Exhibit: Executive Summary - Chart on Global LED Lighting Market Characteristics
• Exhibit: Executive Summary - Chart on Market by Geography
• Exhibit: Executive Summary - Chart on Market Segmentation
• Exhibit: Executive Summary - Chart on Incremental Growth
• Exhibit: Executive Summary - Data Table on Incremental Growth
• Exhibit: Executive Summary - Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

• Market Dynamics
• Exhibit: Impact analysis of DROC, 2021
• Drivers
• Opportunities
• Restraints
• Challenges
• SWOT Analysis

KEY MARKET INSIGHTS

• Technology Analysis
• (Exhibit: Data Table: Name of technology and details)
• Pricing Analysis
• (Exhibit: Data Table: Name of technology and pricing details)
• Supply Chain Analysis
• (Exhibit: Detailed Supply Chain Presentation)
• Value Chain Analysis
• (Exhibit: Detailed Value Chain Presentation)
• Ecosystem Of the Market
• Exhibit: Parent Market Ecosystem Market Analysis
• Exhibit: Market Characteristics of Parent Market
• IP Analysis
• (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
• Trade Analysis
• (Exhibit: Data Table: Import and Export data details)
• Startup Analysis
• (Exhibit: Data Table: Emerging startups details)
• Raw Material Analysis
• (Exhibit: Data Table: Mapping of key raw materials)
• Innovation Matrix
• (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
• Pipeline product Analysis
• (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
• Macroeconomic Indicators

COVID IMPACT

• Introduction
• Impact On Economy-scenario Assessment
• Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
• Revised Market Size
• Exhibit: Data Table on Global LED Lighting Market size and forecast 2021-2027 ($ million)
• Impact Of COVID On Key Segments
• Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
• COVID Strategies By Company
• Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

• Market Dynamics
• Exhibit: Impact analysis of DROC, 2021
• Drivers
• Opportunities
• Restraints
• Challenges
• Regulatory Landscape
• Exhibit: Data Table on regulation from different region
• SWOT Analysis
• Porters Analysis
• Competitive rivalry
• Exhibit: Competitive rivalry Impact of key factors, 2021
• Threat of substitute products
• Exhibit: Threat of Substitute Products Impact of key factors, 2021
• Bargaining power of buyers
• Exhibit: buyers bargaining power Impact of key factors, 2021
• Threat of new entrants
• Exhibit: Threat of new entrants Impact of key factors, 2021
• Bargaining power of suppliers
• Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
• Skyquest special insights on future disruptions
• Political Impact
• Economic impact
• Social Impact
• Technical Impact
• Environmental Impact
• Legal Impact

Market Size by Region

• Chart on Market share by geography 2021-2027 (%)
• Data Table on Market share by geography 2021-2027(%)
• North America
• Chart on Market share by country 2021-2027 (%)
• Data Table on Market share by country 2021-2027(%)
• USA
• Exhibit: Chart on Market share 2021-2027 (%)
• Exhibit: Market size and forecast 2021-2027 ($ million)
• Canada
• Exhibit: Chart on Market share 2021-2027 (%)
• Exhibit: Market size and forecast 2021-2027 ($ million)
• Europe
• Chart on Market share by country 2021-2027 (%)
• Data Table on Market share by country 2021-2027(%)
• Germany
• Exhibit: Chart on Market share 2021-2027 (%)
• Exhibit: Market size and forecast 2021-2027 ($ million)
• Spain
• Exhibit: Chart on Market share 2021-2027 (%)
• Exhibit: Market size and forecast 2021-2027 ($ million)
• France
• Exhibit: Chart on Market share 2021-2027 (%)
• Exhibit: Market size and forecast 2021-2027 ($ million)
• UK
• Exhibit: Chart on Market share 2021-2027 (%)
• Exhibit: Market size and forecast 2021-2027 ($ million)
• Rest of Europe
• Exhibit: Chart on Market share 2021-2027 (%)
• Exhibit: Market size and forecast 2021-2027 ($ million)
• Asia Pacific
• Chart on Market share by country 2021-2027 (%)
• Data Table on Market share by country 2021-2027(%)
• China
• Exhibit: Chart on Market share 2021-2027 (%)
• Exhibit: Market size and forecast 2021-2027 ($ million)
• India
• Exhibit: Chart on Market share 2021-2027 (%)
• Exhibit: Market size and forecast 2021-2027 ($ million)
• Japan
• Exhibit: Chart on Market share 2021-2027 (%)
• Exhibit: Market size and forecast 2021-2027 ($ million)
• South Korea
• Exhibit: Chart on Market share 2021-2027 (%)
• Exhibit: Market size and forecast 2021-2027 ($ million)
• Rest of Asia Pacific
• Exhibit: Chart on Market share 2021-2027 (%)
• Exhibit: Market size and forecast 2021-2027 ($ million)
• Latin America
• Chart on Market share by country 2021-2027 (%)
• Data Table on Market share by country 2021-2027(%)
• Brazil
• Exhibit: Chart on Market share 2021-2027 (%)
• Exhibit: Market size and forecast 2021-2027 ($ million)
• Rest of South America
• Exhibit: Chart on Market share 2021-2027 (%)
• Exhibit: Market size and forecast 2021-2027 ($ million)
• Middle East & Africa (MEA)
• Chart on Market share by country 2021-2027 (%)
• Data Table on Market share by country 2021-2027(%)
• GCC Countries
• Exhibit: Chart on Market share 2021-2027 (%)
• Exhibit: Market size and forecast 2021-2027 ($ million)
• South Africa
• Exhibit: Chart on Market share 2021-2027 (%)
• Exhibit: Market size and forecast 2021-2027 ($ million)
• Rest of MEA
• Exhibit: Chart on Market share 2021-2027 (%)
• Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

• Competitive Landscape
• Total number of companies covered
• Exhibit: companies covered in the report, 2021
• Top companies market positioning
• Exhibit: company positioning matrix, 2021
• Top companies market Share
• Exhibit: Pie chart analysis on company market share, 2021(%)