Energy Efficient Lighting Market
Energy Efficient Lighting Market - Global Industry Assessment & Forecast
#
Pages:
142
2022
Jul - 2022
VMR-1703
Segments Covered
By
Product Type Incandescent Lamp, Light Emitting Diode, Arc Lamp, Gas Discharge Lamps
-
By
Application Commercial, Residential, Government
-
By
Correlated Color Temperature 2700K-3000K, 3500K–4000K, 4000K-5000K, 5000K-6500K, More Than 6500K
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 48.42 Billion |
 Revenue 2030:
|
USD 86.99 Billion |
 Revenue CAGR
(2023 - 2030): |
7.60% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
Europe |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Research Methodology: Energy Efficient Lighting Market by Product Type by Application by Correlated Color Temperature by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
Data Triangulation and Market Size Estimations
Vantage Market
Research | 11-Jul-2022
FAQ
Frequently Asked Question
What is the global demand for Energy Efficient Lighting in terms of revenue?
-
The global Energy Efficient Lighting valued at USD 48.42 Billion in 2022 and is expected to reach USD 86.99 Billion in 2030 growing at a CAGR of 7.60%.
Which are the prominent players in the market?
-
The prominent players in the market are Apple Inc., Bajaj Electricals Ltd, Bridgelux Inc., Cooper Lighting, Cree Inc., Digital Lumens Inc., Eaton Corporation, GE Lighting, LIGMAN Lighting Co. Ltd, Nichia Corporation, OSRAM GmbH.
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 7.60% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Energy Efficient Lighting include
- Effective alternative to incandescent lamps
Which region accounted for the largest share in the market?
-
Europe was the leading regional segment of the Energy Efficient Lighting in 2022.
