Global LED Lighting Market, by Product Type (LED Bulbs, Bare LED Tubes, LED Fixtures, LED Down lights and Others), by Services (Consulting Services, Installation Services and Maintenance & Support), by End-use Industry (Residential, Commercial and Industrial), by Application Type (Outdoor, Indoor, Backlighting, Automotive and Others) and by Geography - Insights, Size, Share, Opportunity Analysis, and Industry Forecast till 2025

LED lighting Market

The global LED lighting market is projected to reach over US$ 120 billion by 2025, exhibiting a CAGR of 16.61% over the forecast period (2017-2025). The LED lighting market is mainly driven by advantageous features offered by LED lights over incandescent and fluorescent lamps such as increased energy efficiency, longer lifetime, enhanced physical strength, smaller size, design flexibility, and environmental friendliness. Rampant product invention coupled with advancements in technology is gaining customer attraction globally due to drastic transformation in semiconductor industry and evolution of light bulbs from incandescent bulbs, led to smart and intelligent energy efficient LED lighting systems. The intelligent lighting systems can be of two types, such as sensor incorporated and non-sensor incorporated. Sensor incorporated lighting systems are able to change the brightness of lights automatically by detecting people and daylight. However, non-sensor incorporated lighting systems are regarded as smart lighting systems as they can be operated through programming. Due to substantial improvement and modernization in wireless technologies such as Bluetooth, Wi-Fi, Li-Fi, among others, most of the forthcoming intelligent lighting systems are expected to be wireless. Screen and display backlight market expansion is expected to augment demand for LED lights.

Rampant innovation of smart lighting and smart city has increased the demand for LED street lights. Additionally, the global demand for green technologies is fueling growth of the LED light market. LED lighting systems use up to 50% less energy to generate an equivalent light intensity emitted by Compact Fluorescent Lamps (CFL) and Cold Cathode Fluorescent Lamps (CCFL). This reduced energy consumption directly converts into a reduction of over 700 million tons of carbon dioxide emissions annually. By observing the current market trend, LEDs are estimated to completely replace CFLs and CCFLs in the near future.

led lighting market

Source: Coherent Market Insights Analysis, 2017

LED Bulb segment holds the highest market share

Among product type, the LED bulb segment is estimated to be the leading market for LED lighting, as bulbs form the major light source and key component of an LED lighting system.

Installation Services segment holds a dominant position

Among service type, the installation segment is expected to experience highest growth, due to high demand for energy-efficient light sources such as LED bulbs. The old generation lamps are being replaced and retrofitted with LED bulbs, as they offer longer working life and consume less energy.

Commercial segment is expected to be the fastest growing segment

Among end-use industry, the commercial segment is estimated to exhibit a higher growth rate during forecast period (2017 – 2025). Increasing infrastructural activities globally, contributes to the large market size and high growth rate of the segment.

Outdoor LED Lighting System accounted major market share

Among application, the outdoor segment accounted for 31.5% of market share in 2016. Increasing use of LED lighting for outdoor application such as roadways, traffic lights, tunnels, parking lots, garages is expected to offer substantial growth prospects to this segment in the near future.

Residential applications for LED lighting include lighting for smart home, HDR 4K, and ultra-slim, curved, and high gamut display TVs.

Asia Pacific accounted for the largest market share

Asia Pacific held the largest share of the LED lighting market in 2016, and the market in Europe is projected to emerge as the second largest market by 2025. The relatively high standard of living and high disposable income among the populace in Europe, increases their inclination towards investments in smart homes with innovative LED lighting systems. Thus, augmenting growth of the LED lighting market in the region. Asia Pacific is growing at high pace due to rampant infrastructural renovation in emerging economies such as China and India.

Major players operating in the global LED light market include Philips Lighting Holding B.V., Osram Licht AG, GE Lighting, LG Innotek, Cree, Inc., Cooper Industries, Inc., Seoul Semiconductor, Samsung Electronics, and Lightning Optoelectronic.

The Global LED Lighting market was valued at US$ 32.7 Billion in 2016 and is expected to grow at a CAGR of 16.61% to reach a market size of over US$ 120 Billion by 2025 due to the rising consumer requirement for energy-efficient lighting systems, technological innovation, and increased demand in automotive industry of LEDs as a light source are expected to drive the growth of this market.

A light-emitting diode (LED) is a p–n junction diode that radiates light when voltage is applied to it. Earlier LED lights released low-intensity infrared light (IR). But now visible, ultraviolet, and infrared wavelength LED lights are available with very high intensity. LEDs are more advantageous over incandescent light sources, including energy efficiency, longer lifetime, enhanced physical strength, smaller size, design flexibility, environment friendly and faster switching.

LED lights are used in various applications such as aviation lighting, automotive headlights, advertising, general lighting, traffic signals, camera flashes, and lighted wallpaper. They are also considerably more energy efficient and perhaps have very less environmental concerns related to their disposal.

Market Dynamics

According to the report, one of the major drivers for LED Lighting market include growing LED adoption in automotive industry, increasing demand for energy efficient lighting systems, technology innovation and performance improvements.  LED Lights demand in Automotive industry is boosting due to advancement in head lighting, dynamic beam functionality, laser head lighting, front and rear lighting signature design, ADAS and autonomous driving and other technology. It is forecasted that by 2025 over 75% of global cars have modern and smart LED lighting systems.

Market Taxonomy

This report segments the global LED Lighting market on the basis of product type, by service type, by end-user industries, by applications and by region. On the basis of product type, the global LED Lighting market is classified into five types which includes LED Bulbs, Bare LED Tubes, LED Fixtures, LED Down lights and Others. Service type of LED Lighting include Consulting Services, Installation Services and Maintenance & Support. End-user segment includes Residential, Commercial and Industrial. Applications of LED Lighting System includes Outdoor, Indoor, Backlighting, Automotive and Others. On the basis of region, LED Lighting market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East.

Key features of the study:

  • This report provides an in-depth analysis of LED Lighting market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017 – 2025), considering 2016 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
  • It profiles leading players in the global LED Lighting market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans.
  • Key companies covered as a part of this study include Philips Lighting Holding B.V., General Electric Company, Osram Licht AG,GE Lighting, LG Innotek, Cree, Inc., Cooper Industries, Inc., Virtual Extension, Dialight PLC, Zumtobel Group AG, Samsung  Electronics, Sharp Corporation and Seoul Semiconductor. 
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion and marketing tactics
  • The global LED Lighting market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the LED Lighting market.

Detail LED Lighting Market Segmentation:

  • Global LED Lighting Market, By Product Type:
    • LED Bulbs
    • Bare LED Tubes
    • LED Fixtures
    • LED Down lights
    • Others
  • Global LED Lighting Market, By Service Type:
    • Consulting Services
    • Installation Services
    • Maintenance & Support
  • Global LED Lighting Market, By End Use:
    • Residential
    • Commercial
    • Industrial
  • Global LED Lighting Market, By Application:
    • Outdoor
    • Indoor
    • Backlighting
    • Automotive
    • Others
  • Global LED Lighting Market, By Geography:
    • North America
      • By Product Type:
        • LED Bulbs
        • Bare LED Tubes
        • LED Fixtures
        • LED Down lights
        • Others
      • By Service Type:
        • Consulting Services
        • Installation Services
        • Maintenance & Support
      • By Application:
        • Outdoor
        • Indoor
        • Backlighting
        • Automotive
        • Others
      • By End Use:
        • Residential
        • Commercial
        • Industrial
      • U.S.
      • Canada
    • Europe
      • By Product Type:
        • LED Bulbs
        • Bare LED Tubes
        • LED Fixtures
        • LED Down lights
        • Others
      • By Service Type:
        • Consulting Services
        • Installation Services
        • Maintenance & Support
      • By Application:
        • Outdoor
        • Indoor
        • Backlighting
        • Automotive
        • Others
      • By End Use:
        • Residential
        • Commercial
        • Industrial
      • Germany
      • U.K.
      • France
      • Italy
      • Spain
      • Russia
      • Rest of Europe
    • Asia Pacific
      • By Product Type:
        • LED Bulbs
        • Bare LED Tubes
        • LED Fixtures
        • LED Down lights
        • Others
      • By Service Type:
        • Consulting Services
        • Installation Services
        • Maintenance & Support
      • By Application:
        • Outdoor
        • Indoor
        • Backlighting
        • Automotive
        • Others
      • By End Use:
        • Residential
        • Commercial
        • Industrial
      • China
      • India
      • Japan
      • Australia
      • South Korea
      • ASEAN
      • Rest of Asia Pacific
    • Latin America
      • By Product Type:
        • LED Bulbs
        • Bare LED Tubes
        • LED Fixtures
        • LED Down lights
        • Others
      • By Service Type:
        • Consulting Services
        • Installation Services
        • Maintenance & Support
      • By Application:
        • Outdoor
        • Indoor
        • Backlighting
        • Automotive
        • Others
      • By End Use:
        • Residential
        • Commercial
        • Industrial
      • Brazil
      • Mexico
      • Rest of Latin America
    • Middle East & Africa
      • By Product Type:
        • LED Bulbs
        • Bare LED Tubes
        • LED Fixtures
        • LED Down lights
        • Others
      • By Service Type:
        • Consulting Services
        • Installation Services
        • Maintenance & Support
      • By Application:
        • Outdoor
        • Indoor
        • Backlighting
        • Automotive
        • Others
      • By End Use:
        • Residential
        • Commercial
        • Industrial
      • GCC
      • Israel
      • Rest of Middle East & Africa
  • Company Profiles
    • Philips Lighting Holding B.V. *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • General Electric Company 
    • Osram Licht AG 
    • GE Lighting
    • LG Innotek
    • Cree, Inc. 
    • Cooper Industries, Inc. 
    • Virtual Extension 
    • Dialight PLC 
    • Zumtobel Group AG 
    • Samsung  Electronics
    • Sharp Corporation
    • Seoul Semiconductor
    • Lightning Optoelectronic
  • Available Customizations
    • Wearable Sensors Market
    • Global Low Light Level Imaging Sensors Market
    • Global Fiber Optics Market

*Browse all the market data tables and figures on "Global LED Lighting Market - Global forecast to 2025”.

Table of Contents

  1. Research Objective and assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet By Services
      • Market Snippet By Application
      • Market Snippet By End-User Industry
      • Market Snippet By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • PEST Analysis
      • Merger and Acquisitions
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
  4. Global LED Lighting Market Analysis, By Product Type, 2016 - 2025
    • Introduction
      • Market Share Analysis, 2015 and 2025 (%)
      • Segment Trends
    • LED Bulbs
      • Introduction
      • Market Size and Future Potential, 2015 - 2025
    • Bare LED Tubes
      • Introduction
      • Market Size and Future Potential, 2015 – 2025
    • LED Fixtures
      • Introduction
      • Market Size and Future Potential, 2015 - 2025
    • LED Downlights
      • Introduction
      • Market Size and Future Potential, 2015 – 2025
    • Others
      • Introduction
      • Market Size and Future Potential, 2015 - 2025
  5. Global LED Lighting Market, By Services, 2016 - 2025 (US$ Million)
    • Introduction
      • Market Share Analysis, 2015 and 2025 (%)
      • Segment Trends
    • Consulting Services
      • Introduction
      • Market Size and Forecast, 2015 - 2025, (US$ Million)
    • Installation Services
      • Introduction
      • Market Size and Forecast, 2015 - 2025, (US$ Million)
    • Maintenance & Support
      • Introduction
      • Market Size and Forecast, 2015 - 2025, (US$ Million)
  6. Global LED Lighting Market, By Application, 2016 - 2025 (US$ Million)
    • Introduction
      • Market Share Analysis, 2015 and 2025 (%)
      • Segment Trends
    • Outdoor
      • Introduction
      • Market Size and Forecast, 2015 - 2025, (US$ Million)
    • Indoor
      • Introduction
      • Market Size and Forecast, 2015 - 2025, (US$ Million)
    • Backlighting
      • Introduction
      • Market Size and Forecast, 2015 - 2025, (US$ Million)
    • Automotive
      • Introduction
      • Market Size and Forecast, 2015 - 2025, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, 2015 - 2025, (US$ Million)
  7. Global LED Lighting Market, By End Users, 2016 - 2025 (US$ Million)
    • Introduction
      • Market Share Analysis, 2015 and 2025 (%)
      • Segment Trends
    • Residential
      • Introduction
      • Market Size and Forecast, 2015 - 2025, (US$ Million)
    • Commercial
      • Introduction
      • Market Size and Forecast, 2015 - 2025, (US$ Million)
    • Industrial
      • Introduction
      • Market Size and Forecast, 2015 - 2025, (US$ Million)
  8. Global LED Lighting Market, By Regions, 2016 - 2025 (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2015 and 2025 (%)
    • North America
      • Regional Trends
      • Market Size and Forecast, By Product Type, 2015 - 2025 (US$ Million)
      • Market Size and Forecast, By Services, 2015 - 2025 (US$ Million)
      • Market Size and Forecast, By Application, 2015 - 2025 (US$ Million)
      • Market Size and Forecast, By End-Users, 2015 - 2025 (US$ Million)
      • By Country
        • U.S.
        • Canada
    • Europe
      • Regional Trends
      • Market Size and Forecast, By Product Type, 2015 - 2025 (US$ Million)
      • Market Size and Forecast, By Services, 2015 - 2025 (US$ Million)
      • Market Size and Forecast, By Application, 2015 - 2025 (US$ Million)
      • Market Size and Forecast, By End-Users, 2015 - 2025 (US$ Million)
      • By Country
        • Germany
        • U.K.
        • France
        • Italy
        • Spain
        • Rest of Europe
    • Asia Pacific
      • Regional Trends
      • Market Size and Forecast, By Product Type, 2015 - 2025 (US$ Million)
      • Market Size and Forecast, By Services, 2015 - 2025 (US$ Million)
      • Market Size and Forecast, By Application, 2015 - 2025 (US$ Million)
      • Market Size and Forecast, By End-Users, 2015 - 2025 (US$ Million)
      • By Country
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Latin America
      • Regional Trends
      • Market Size and Forecast, By Product Type, 2015 - 2025 (US$ Million)
      • Market Size and Forecast, By Services, 2015 - 2025 (US$ Million)
      • Market Size and Forecast, By Application, 2015 - 2025 (US$ Million)
      • Market Size and Forecast, By End-Users, 2015 - 2025 (US$ Million)
      • By Country
        • Brazil
        • Mexico
        • Rest of Latin America
    • Africa
      • Regional Trends
      • Market Size and Forecast, By Product Type, 2015 - 2025 (US$ Million)
      • Market Size and Forecast, By Services, 2015 - 2025 (US$ Million)
      • Market Size and Forecast, By Application, 2015 - 2025 (US$ Million)
      • Market Size and Forecast, By End-Users, 2015 - 2025 (US$ Million)
      • By Country
        • South Africa
        • Central Africa
        • Northern Africa
    • Middle East & Africa
      • Regional Trends
      • Market Size and Forecast, By Product Type, 2015 - 2025 (US$ Million)
      • Market Size and Forecast, By Services, 2015 - 2025 (US$ Million)
      • Market Size and Forecast, By Application, 2015 - 2025 (US$ Million)
      • Market Size and Forecast, By End-Users, 2015 - 2025 (US$ Million)
      • By Country
        • GCC Countries
        • Israel
        • Rest Of Middle East & Africa
  9. Company Profiles
    • Philips Lighting Holding B.V. *
      • Company Overview
      • Business Focus
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • General Electric Company
      • Company Overview
      • Business Focus
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • Osram Licht AG
      • Company Overview
      • Business Focus
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • GE Lighting
      • Company Overview
      • Business Focus
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • LG Innotek
      • Company Overview
      • Business Focus
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • Cree,Inc.
      • Company Overview
      • Business Focus
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • Cooper Industries, Inc.
      • Company Overview
      • Business Focus
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • Virtual Extension
      • Company Overview
      • Business Focus
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • Dialight PLC
      • Company Overview
      • Business Focus
      • Product Portfolio
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • Zumtobel Group AG
      • Company Overview
      • Business Focus
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • Samsung Electronics
      • Company Overview
      • Business Focus
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • Sharp Corporation
      • Company Overview
      • Business Focus
      • Product Portfolio
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • Seoul Semiconductor
      • Company Overview
      • Business Focus
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • Lighting Optoelectronic
      • Company Overview
      • Business Focus
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • Analyst Views
  10. Section
    • References
    • Research Methodology
    • About us and Sales Contact
  11. Available Customizations
    • Wearable Sensors Market
    • Global Low Light Level Imaging Sensors Market
    • Global Fiber Optics Market

*Browse all the market data tables and figures on "Global LED Lighting Market - Global forecast to 2025”.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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