Europe Industrial And Commercial Led Lighting Market Size & Outlook

The industrial and commercial led lighting market in Europe is expected to reach a projected revenue of US$ 20,734.1 million by 2030. A compound annual growth rate of 10.1% is expected of Europe industrial and commercial led lighting market from 2024 to 2030.
Revenue, 2023 (US$M)
$10,574.4
Forecast, 2030 (US$M)
$20,734.1
CAGR, 2024 - 2030
10.1%
Report Coverage
Europe

Europe industrial and commercial led lighting market, 2018-2030 (US$M)

Europe

Europe industrial and commercial led lighting market highlights

  • The Europe industrial and commercial led lighting market generated a revenue of USD 10,574.4 million in 2023.
  • The market is expected to grow at a CAGR of 10.1% from 2024 to 2030.
  • In terms of segment, lamps was the largest revenue generating product in 2023.
  • Lamps is the most lucrative product segment registering the fastest growth during the forecast period.


Europe data book summary

Market revenue in 2023USD 10,574.4 million
Market revenue in 2030USD 20,734.1 million
Growth rate10.1% (CAGR from 2023 to 2030)
Largest segmentLamps
Fastest growing segmentLamps
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLamps


Other key industry trends

  • In terms of revenue, Europe region accounted for 20.6% of the global industrial and commercial led lighting market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Latin America is the fastest growing regional market and is projected to reach USD 9,848.7 million by 2030.

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Industrial and Commercial LED Lighting Market Scope

Industrial and commercial led lighting market segmentation & scope
Lamps
Luminaires
Application
Indoor
Outdoor
End Use
Industrial
Commercial
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
China
India
Japan
Australia
South Korea
Brazil
UAE
Saudi Arabia
South Africa

Industrial and Commercial LED Lighting Market Companies

Name Profile # Employees HQ Website

Europe industrial and commercial 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 industrial and commercial led lighting market will help companies and investors design strategic landscapes.


Lamps was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Europe industrial and commercial led lighting market based on lamps covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Europe industrial and commercial led lighting market databook

  • Our clientele includes a mix of industrial and commercial led lighting market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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 Europe industrial and commercial led lighting market , including forecasts for subscribers. This continent databook contains high-level insights into Europe industrial and commercial led lighting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe industrial and commercial led lighting market

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