Global Lighting Fixture Market Size & Outlook, 2019-2027

The lighting fixture industry worldwide is expected to reach a projected revenue of US$ 140,758.2 million by 2027. A compound annual growth rate of 4.5% is expected of the worldwide lighting fixture industry from 2020 to 2027.
Revenue, 2019 (US$M)
$99,356.5
Forecast, 2027 (US$M)
$140,758.2
CAGR, 2020 - 2027
4.5%
Report Coverage
Worldwide

Global lighting fixture market highlights

  • The global lighting fixture market generated a revenue of USD 99,356.5 million in 2019 and is expected to reach USD 140,758.2 million by 2027.
  • The market is expected to grow at a CAGR (2020 - 2027) of 4.5% by 2027.
  • In terms of segment, fluorescent accounted for a revenue of USD 50,992.0 million in 2019.
  • LED & OLED is the most lucrative source segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2019.
  • Country-wise, Germany is expected to register the highest CAGR from 2020 to 2027.

Global data book summary

Market revenue in 2019USD 99,356.5 million
Market revenue in 2027USD 140,758.2 million
Growth rate4.5% (CAGR from 2019 to 2027)
Largest segmentFluorescent
Fastest growing segmentLED & OLED
Historical data covered2016 - 2018
Base year for estimation2019
Forecast period covered2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationIncandescent, Fluorescent, LED & OLED

Other key industry trends

  • In terms of revenue, the North America accounted for 23.4% of the global lighting fixture market in 2019.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
  • By country, Germany is the fastest growing regional market and is projected to reach USD 4,910.5 million by 2027.

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Lighting Fixture Market Companies

Name Profile # Employees HQ Website

Global lighting fixture 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 lighting fixture market will help companies and investors design strategic landscapes.


Fluorescent was the largest segment with a revenue share of 51.32% in 2019. Horizon Databook has segmented the Global lighting fixture market based on incandescent, fluorescent, led & oled covering the revenue growth of each sub-segment from 2016 to 2027.


  • Global Lighting Fixture Source Outlook (Revenue, USD Million, 2016-2027)
    • Incandescent
    • Fluorescent
    • LED & OLED
  • Global Lighting Fixture Product Outlook (Revenue, USD Million, 2016-2027)
    • Ceiling
    • Pendant & Chandeliers
    • Wall Mounted
    • Portable
    • Others
  • Global Lighting Fixture Distribution Channel Outlook (Revenue, USD Million, 2016-2027)
    • Offline
    • Online
  • Global Lighting Fixture Application Outlook (Revenue, USD Million, 2016-2027)
    • Residential
    • Commercial

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Horizon Databook provides a detailed overview of global-level data and insights on the Global lighting fixture market , including forecasts for subscribers. This global databook contains high-level insights into Global lighting fixture market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Global lighting fixture market outlook size, by region, 2016-2027 (US$M)

Top 10 countries: Lighting fixture market size, 2019 (US$M)

Global lighting fixture market share, by source, 2019 & 2027 (%, US$M)

Lighting fixture market: Opportunity assessment by country

Global lighting fixture market, by region, 2019 (US$M)

Global lighting fixture market outlook size, by region, 2016-2027 (US$M)

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