Global Lamps Market Size & Outlook, 2022-2030
Global lamps market, 2017-2030 (US$M)
Global lamps market highlights
- The global lamps market generated a revenue of USD 13,530.2 million in 2022 and is expected to reach USD 19,691.1 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 4.8% by 2030.
- In terms of segment, desk lamp accounted for a revenue of USD 7,050.6 million in 2022.
- Floor Lamp 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 2022.
- Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 13,530.2 million |
| Market revenue in 2030 | USD 19,691.1 million |
| Growth rate | 4.8% (CAGR from 2022 to 2030) |
| Largest segment | Desk lamp |
| Fastest growing segment | Floor Lamp |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Desk Lamp, Floor Lamp |
Other key industry trends
- In terms of revenue, the North America accounted for 19.7% of the global lamps market in 2022.
- By country, the U.S. 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 2,814.2 million by 2030.
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Lamps Market Scope
Lamps Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global lamps 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 lamps market will help companies and investors design strategic landscapes.
Desk lamp was the largest segment with a revenue share of 52.11% in 2022. Horizon Databook has segmented the Global lamps market based on desk lamp, floor lamp covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Lamps Product Outlook (Revenue, USD Million, 2017-2030)
- Desk Lamp
- Floor Lamp
- Global Lamps Type Outlook (Revenue, USD Million, 2017-2030)
- Reading Lamp
- Decorative Lamp
- Global Lamps Application Outlook (Revenue, USD Million, 2017-2030)
- Residential/Retail
- Commercial/Hospitality
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Target buyers of Global lamps market databook
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Our clientele includes a mix of lamps market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global lamps market , including forecasts for subscribers. This global databook contains high-level insights into Global lamps market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global lamps market size, by region, 2017-2030 (US$M)
Top 10 countries: Lamps market size, 2022 (US$M)
Global lamps market share, by product, 2022 & 2030 (%, US$M)
Lamps market: Opportunity assessment by country
Global lamps market, by region, 2022 (US$M)
Related regional statistics
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