Latin America Indoor Led Lighting Market Size & Outlook
Latin America indoor led lighting market, 2018-2030 (US$M)
Related Markets
Latin America indoor led lighting market highlights
- The Latin America indoor led lighting market generated a revenue of USD 5,628.9 million in 2023.
- The market is expected to grow at a CAGR of 10.4% from 2024 to 2030.
- In terms of segment, luminaires was the largest revenue generating product in 2023.
- Lamps is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 5,628.9 million |
| Market revenue in 2030 | USD 11,268.2 million |
| Growth rate | 10.4% (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 |
| Key market players worldwide | Acuity Brands Inc, Cree Lighting, Dialight PLC, Hubbell Inc, LSI Industries Inc, Panasonic Holdings Corp, Seoul Semiconductor, Signify NV, Siteco, Syska, Zumtobel Group AG ADR |
Other key industry trends
- In terms of revenue, Latin America region accounted for 10.1% of the global indoor led lighting market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 10,812.1 million by 2030.
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Indoor LED Lighting Market Scope
Indoor LED Lighting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 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 56% in 2023. Horizon Databook has segmented the Latin America indoor led lighting market based on lamps, luminaires covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Indoor LED Lighting Product Outlook (Revenue, USD Million, 2018-2030)
- Lamps
- Luminaires
- Latin America Indoor LED Lighting Installation Type Outlook (Revenue, USD Million, 2018-2030)
- New
- Retrofit
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Target buyers of Latin America indoor led lighting market databook
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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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America indoor led lighting market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America indoor led lighting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America indoor led lighting market size, by country, 2018-2030 (US$M)
Latin America Indoor LED Lighting Market Outlook Share, 2023 & 2030 (US$M)
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