Global Residential Lighting Fixtures Market Size & Outlook

The residential lighting fixtures industry worldwide is expected to reach a projected revenue of US$ 22,411.1 million by 2030. A compound annual growth rate of 6.2% is expected of the worldwide residential lighting fixtures industry from 2024 to 2030.
Revenue, 2023 (US$M)
$14,663.8
Forecast, 2030 (US$M)
$22,411.1
CAGR, 2024 - 2030
6.2%
Report Coverage
Worldwide

Global residential lighting fixtures market, 2018-2030 (US$M)

Global residential lighting fixtures market highlights

  • The global residential lighting fixtures market generated a revenue of USD 14,663.8 million in 2023 and is expected to reach USD 22,411.1 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 6.2% by 2030.
  • In terms of segment, ceiling accounted for a revenue of USD 14,663.8 million in 2023.
  • Ceiling 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 2023.

Global data book summary

Market revenue in 2023USD 14,663.8 million
Market revenue in 2030USD 22,411.1 million
Growth rate6.2% (CAGR from 2023 to 2030)
Largest segmentCeiling
Fastest growing segmentCeiling
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCeiling

Other key industry trends

  • In terms of revenue, the North America accounted for 19.8% of the global residential lighting fixtures market in 2023.

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Residential Lighting Fixtures Market Scope

Residential lighting fixtures market segmentation & scope
Ceiling
Pendant & Chandeliers
Wall Mounted
Others
Source
Incandescent
Fluorescent
LED & OLED
Distribution Channel
Offline
Online
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
China
India
Japan
Australia
South Korea
Brazil
South Africa

Residential Lighting Fixtures Market Companies

Name Profile # Employees HQ Website

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


Ceiling was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global residential lighting fixtures market based on ceiling covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Residential Lighting Fixtures Product Outlook (Revenue, USD Million, 2018-2030)
    • Ceiling
    • Pendant & Chandeliers
    • Wall Mounted
    • Others
  • Global Residential Lighting Fixtures Source Outlook (Revenue, USD Million, 2018-2030)
    • Incandescent
    • Fluorescent
    • LED & OLED
  • Global Residential Lighting Fixtures Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
    • Offline
    • Online

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Horizon Databook provides a detailed overview of global-level data and insights on the Global residential lighting fixtures market , including forecasts for subscribers. This global databook contains high-level insights into Global residential lighting fixtures market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global residential lighting fixtures market size, by regions, 2018-2030 (US$M)

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