Global Lighting Fixture Market Size & Outlook
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)
$140,758.2
CAGR, 2020 - 2027
4.5%
Report Coverage
Worldwide
Global lighting fixture market, 2016-2027 (US$M)
Related Markets
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 2019 | USD 99,356.5 million |
| Market revenue in 2027 | USD 140,758.2 million |
| Growth rate | 4.5% (CAGR from 2019 to 2027) |
| Largest segment | Fluorescent |
| Fastest growing segment | LED & OLED |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Incandescent, 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 Scope
Lighting fixture market segmentation & scope
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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Our clientele includes a mix of lighting fixture 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 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 statistics, by region, 2016-2027 (US$M)
Top 10 countries: Lighting fixture market size, 2019 (USD Million)
Top 10 countries: Lighting fixture market size, 2019 (USD Million)
Global lighting fixture market, by region, 2019 (US$M)
Related regional statistics
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