Global Indoor Led Lighting Market Size & Outlook
Global indoor led lighting market, 2018-2030 (US$M)
Related Markets
Global indoor led lighting market highlights
- The global indoor led lighting market generated a revenue of USD 55,558.2 million in 2023 and is expected to reach USD 109,674.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 10.2% by 2030.
- In terms of segment, luminaires accounted for a revenue of USD 32,580.4 million in 2023.
- Lamps is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 55,558.2 million |
| Market revenue in 2030 | USD 109,674.1 million |
| Growth rate | 10.2% (CAGR from 2023 to 2030) |
| Largest segment | Luminaires |
| Fastest growing segment | Lamps |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lamps, Luminaires |
Other key industry trends
- In terms of revenue, the North America accounted for 14.4% of the global indoor led lighting market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 10,291.9 million by 2030.
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Indoor LED Lighting Market Scope
Indoor LED Lighting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global indoor led lighting market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to indoor led lighting market will help companies and investors design strategic landscapes.
Luminaires was the largest segment with a revenue share of 58.64% in 2023. Horizon Databook has segmented the Global indoor led lighting market based on lamps, luminaires covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Indoor LED Lighting Product Outlook (Revenue, USD Million, 2018-2030)
- Lamps
- Luminaires
- Global Indoor LED Lighting Installation Type Outlook (Revenue, USD Million, 2018-2030)
- New
- Retrofit
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Our clientele includes a mix of indoor led lighting market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global indoor led lighting market , including forecasts for subscribers. This global databook contains high-level insights into Global indoor led lighting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global indoor led lighting market size, by region, 2018-2030 (US$M)
Top 10 countries: Indoor led lighting market size, 2023 (US$M)
Global indoor led lighting market share, by product, 2023 & 2030 (%, US$M)
Indoor led lighting market: Opportunity assessment by country
Global indoor led lighting market, by region, 2023 (US$M)
Related regional statistics
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