Lighting Fixture Market
Lighting Fixture Market Study by Architecture & Commercial Lighting, Decorative & Residential Lighting, Industrial Lighting, and Outdoor Lighting from 2024 to 2034
Analysis of Lighting Fixture Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Lighting Fixture Market Outlook (2024 to 2034)
The global lighting fixture market size is expected to reach US$ 56,115.2 million by 2034 from US$ 40,180.2 million in 2024, with a growing CAGR of 3.4% from 2024 to 2034. The lighting fixture industry is anticipated to be driven by the rising demand for energy-efficient products from the commercial, residential sectors and government assistance for low-energy consumption initiatives.
By 2024, 62.9% of the global lighting fixtures sales are scheduled to be made up of LED and OLED lights. It is predicted that from 2024 to 2034, South Korea's demand for lighting fixtures is going to escalate at a CAGR of 4.7%.
Report Attributes | Details |
---|---|
Estimated Market Value (2024E) | US$ 40,180.2 million |
Forecasted Market Value (2034F) | US$ 56,115.2 million |
Global Market Growth Rate (2024 to 2034) | 3.4% |
Outdoor Lighting Segment Growth Rate (2024 to 2034) | 4.2% |
LED and OLED Segment Growth Rate (2024 to 2034) | 4.8% |
North America Market Share (2024) | 28.6% |
East Asia Market Share (2024) | 36.5% |
Key Companies Profiled | CREE, INC; Hubbell Lighting, Inc.; GE Lighting, LLC; OSRAM Licht AG; Royal Philips NV; Acuity Brands Lighting, Inc; ATG Electronics; Panasonic Corporation; D. Kichler Co.; Eaton Corporation |
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The Positive Impact of Urbanization on Lighting Solutions
Global urbanization and infrastructural developments have increased the demand for lighting fixtures globally. The increasing urbanization needs dependable lighting solutions to improve the aesthetic appeal of residential, commercial, and industrial settings.
As cities grow and modernize, there is a growing demand for efficient and visually appealing lighting fixtures in cafes, hotels, and businesses. The trend extends to significant infrastructure projects such as airports, stadiums, and bridges, contributing broadly to the global lighting fitting market.
The market value of lighting fixtures rises in coordination with the ongoing urbanization and infrastructure development, indicating these fixtures' growing relevance in sculpting contemporary urban spaces' visual environment.
Rising Trend of Energy-Efficient Fixtures in the Hospitality Industry
A greater understanding of the benefits of lighting fixtures has raised the market demand, notably in the hospitality business. Hotel and restaurant operators invest in lighting fixtures to create an aesthetic and warm feel for their guests. The increasing adoption of decorative lighting in hotels, restaurants, enterprises, residences, and similar settings accelerates the global lighting fixture market.
There is an increasing need for advanced lighting fixtures in landscape lighting applications. LED lighting solutions that are ENERGY STAR-certified have gained popularity among customers in both developing and developed nations, supporting the market expansion of lighting fixtures. Energy-saving lighting fixtures are gaining prominence in industrial, commercial, and residential settings.
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What is Restraining the Growth of the Global Lighting Fixture Market?
“Increased Competition in Market Due to Price wars and cost constraints”
Complex purchasing decisions are anticipated to stifle global lighting fixture market growth. Lighting fixture purchases are not made simply by end users but rather by a team of specialists, including lighting designers, architects, and electrical engineers.
The involvement of multiple professionals has complicated the purchasing process, slowing the expansion of the lighting fitting market. As a result, these restraints are expected to impede lighting fitting market expansion.
Price wars and cost constraints have resulted from increased competition and commoditization of several lighting goods, mainly LEDs. The lighting fixture manufacturers need help sustaining profit margins while delivering competitive pricing.
Country-wise Analysis
The North America lighting fixture market is expected to expand at a CAGR of 3.5% through 2034. Growing lighting fixture demand in important nations, particularly the United States and Canada, is the leading cause of the surge in product sales. With a share of 67.9% of the global market, the United States leads the lighting fitting industry.
The East Asia lighting fixture market is expected to expand at a 4.2% CAGR through 2034. China has become a leading participant in the lighting fixture industry in East Asia, with a noteworthy share of 67.3% in 2024.
How is the United States Lighting Fixture Market Aligning with Energy Efficiency Goals?
“Shift Towards Energy-efficient LED Technology, Boosting Sustainability Goals”
United States | Details |
---|---|
Market Share (2024) | 72.7% |
Market Size (2024) | US$ 8,354.3 million |
Market Size (2034) | US$ 11,087.7 million |
The lighting fixture market in the United States is experiencing a substantial change toward energy-efficient and ecologically friendly solutions, with LED technology leading the way. Renovating older buildings with energy-efficient lighting solutions is an ongoing trend fueled by government incentives and a desire to reduce energy consumption.
The United States lighting fixture market is expected to accelerate at a CAGR of 2.9% from 2024 to 2034. Consumer preferences in the United States lighting fixture industry are influenced by sustainability certifications and labels, with a growing desire for products that fulfill high environmental criteria.
How is Canada's Lighting Fixture Market Adapting to Sustainable and Aesthetic Trends?
“Urbanization Trends of Aesthetically Pleasing Lighting Fixtures”
Canada | Details |
---|---|
Market Share (2024) | 18.2% |
Market Size (2024) | US$ 2,091.5 million |
Market Size (2034) | US$ 3,363.9 million |
Consumers in Canada are rapidly adopting connected and programmable lighting systems, indicating a significant move towards smart lighting technologies. Government programs promoting environmentally efficient and long-lasting lighting solutions influence the Canadian lighting fixture market.
Canada’s lighting fitting market is projected to spur at a CAGR of 4.9% from 2024 to 2034. Major Canadian cities' urbanization patterns advance demand for visually beautiful and modern lighting fixtures, pushing design and utility innovation.
What Influences South Korea's Preference for Sleek Lighting Designs?
“Focus on Energy Conservation Spurring the Adoption of LED Lighting Solutions.”
South Korea | Details |
---|---|
Market Share (2024) | 15.1% |
Market Size (2024) | US$ 2,214.5 million |
Market Size (2034) | US$ 3,512.4 million |
The incorporation of smart lighting fixtures into residential and commercial areas is gaining momentum in South Korea, owing to connectivity and automation technology developments. Urban revitalization projects and infrastructure developments are essential in boosting demand for outdoor and architectural lighting solutions in South Korea.
South Korea’s lighting fixture market is set to escalate at a CAGR of 4.7% through 2034. South Korea's lighting fixture industry is impacted by a growing desire for minimalist and streamlined designs, which show a preference for modern aesthetics.
What is Contributing to China’s Dominance in the Global Lighting Fixture Market?
“E-Commerce Platforms Play a Pivotal Role in Enhancing Access to Lighting Solutions”
China | Details |
---|---|
Market Share (2024) | 66.9% |
Market Size (2024) | US$ 9,811.4 million |
Market Size (2034) | US$ 14,502.0 million |
E-commerce platforms are essential in distributing lighting fixtures in China, allowing consumers to access a wide range of items and contributing to lighting fixture market. The emergence of smart cities in China is pushing the use of intelligent lighting systems, offering opportunities for advanced technologies and integrated solutions in the lighting fixture sector.
The China lighting fixtures market is expected to exhibit a CAGR of 4.0% from 2024 to 2034. The China lighting fitting market is undergoing a transition to LED lighting, propelled by government subsidies, energy-saving programs, and a push for environmental sustainability.
Know thy Competitors
Competitive landscape highlights only certain players
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Category-wise Outlook
Based on the type, the industrial lighting segment is estimated to hold a 32.8% market share in 2034. Simultaneously, based on the light source, the LED and OLED segment is anticipated to secure a noteworthy share of 63.3%, contributing significantly to the market's resource diversity and stability.
Why is Outdoor Lighting Gaining Ground for Wellness and Aesthetics?
“Smart City Initiatives Propel Growth in Innovative Outdoor Lighting Designs”
Outdoor Lighting Segment | Details |
---|---|
Market Share (2024) | 22.6% |
Market Size (2024) | US$ 9,080.7 million |
Market Size (2034) | US$ 9,932.4 million |
The outdoor lighting segment is propelled by government initiatives that promote outdoor recreational places and beautification. The desire for creative outdoor lighting designs is fueled by the rising urbanization and the development of innovative city projects.
The outdoor lighting segment is expected to exhibit a CAGR of 4.2% from 2024 to 2034. By 2024, the outdoor lighting segment holds a 22.6% market share.
Infrastructure and beautification initiatives help stimulate the rapid rise of outdoor lighting in architectural and commercial environments. Demand for energy-efficient outdoor lighting solutions increases as the emphasis on sustainable urban development grows.
Why is the Demand for LED and OLED Lighting Solutions Higher?
“LED and OLED Solutions Gaining Traction for Eco-Friendly Lighting”
LED and OLED Segment | Details |
---|---|
Market Share (2024) | 62.9% |
Market Size (2024) | US$ 25,273.3 million |
Market Size (2034) | US$ 35,520.9 million |
Government attempts to promote energy-efficient lighting solutions encourage the adoption of LED and OLED lights. Cost-effective manufacturing procedures and economies of scale contribute to the market's competitive price of LED and OLED lighting.
The LED and OLED segment is expected to expand at a 4.8% CAGR from 2024 to 2034. By 2024, the LED and OLED segment is going to dominate the lighting fitting market with a share of 62.9%.
LED and OLED technological breakthroughs provide various design alternatives that cater to a wide range of aesthetic tastes. Consumer preferences for eco-friendly LED and OLED lighting solutions rise as consumer awareness of environmental effects grows.
Competitive Analysis
The global lighting fixture market is characterized by a dynamic competitive landscape, with multiple vital companies contending for market share. Technological breakthroughs, energy efficiency trends, and sustainable design approaches impact lighting fixture industry dynamics. Established lighting fixture vendors compete based on innovation, cost-effectiveness, and geographical reach, whereas new entrants concentrate on niche segments and disruptive solutions.
To preserve a competitive advantage, lighting fixture market players strategically collaborate, invest in research and development, and use a variety of distribution channels. The competitive dynamics of the rapidly evolving lighting fixture sector are influenced by regulatory compliance and changing consumer preferences.
Noteworthy Innovations
- On June 14, 2023, Hydrel, a company dealing in outdoor architectural and landscape lighting solutions, introduced the unique FLAME lighting technology, which features two color distributions from a single fixture. The company is constantly focusing on the creation of new and enhanced products.
- Hubbell Lighting was purchased by GE Current, a Daintree business, on February 1, 2022. The consolidated new company is expected to be known as Current. The acquisition to improve the distribution network to better service customers.
- In June 2022, Helvar is going to launch ActiveAhead Generation 2, an intelligent and scalable wireless system. ActiveAhead Generation 2 evaluates space utilization using a powerful AI system and can be linked to cloud applications.
- Hubbell Inc. sold its industrial and commercial lighting business to GE Current, a Daintree firm, in October 2021. The strategic agreement aids Hubbell Inc. in building a more concentrated Hubbell portfolio.
- Eaton sold Cooper Lighting Solutions to Signify in March 2021. The plan increases Signify's North American lighting market position.
Segmentation of Market Research
-
By Type:
- Architecture and Commercial Lighting
- Decorative and Residential Lighting
- Industrial Lighting
- Outdoor Lighting
-
By Light Source:
- Incandescent
- Fluorescent
- LED and OLED
-
By Region:
- North America
- Latin America
- East Asia
- South Asia and Pacific
- Western Europe
- Eastern Europe
- Middle East and Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Background
- 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
- 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Source
- 5.1. Incandescent
- 5.2. Fluorescent
- 5.3. LED & OLED
- 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product
- 6.1. Ceiling
- 6.2. Pendant & Chandeliers
- 6.3. Wall Mounted
- 6.4. Portable
- 6.5. Others
- 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Distribution Channel
- 7.1. Offline
- 7.2. Online
- 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application
- 8.1. Residential
- 8.2. Commercial
- 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Western Europe
- 9.4. Eastern Europe
- 9.5. South Asia and Pacific
- 9.6. East Asia
- 9.7. Middle East and Africa
- 10. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
- 11. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
- 12. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
- 13. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
- 14. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
- 15. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
- 16. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
- 17. Key Countries Market Analysis
- 18. Market Structure Analysis
- 19. Competition Analysis
- 19.1. General Electric
- 19.2. Hubbell Lighting
- 19.3. Acuity Brands
- 19.4. Eaton Corporation
- 19.5. Panasonic Corporation
- 19.6. OSRAM GmbH
- 19.7. Nichia Corporation
- 19.8. Everlight Electronics Co., Ltd
- 19.9. Cooper Lighting
- 19.10. Juno Lighting Group
- 20. Assumptions & Acronyms Used
- 21. Research Methodology
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List Of Table
Table 1: Global Market Value (US$ Mn) Forecast by Region, 2019 to 2034
Table 2: Global Market Volume (Units) Forecast by Region, 2019 to 2034
Table 3: Global Market Value (US$ Mn) Forecast by Source, 2019 to 2034
Table 4: Global Market Volume (Units) Forecast by Source, 2019 to 2034
Table 5: Global Market Value (US$ Mn) Forecast by Product, 2019 to 2034
Table 6: Global Market Volume (Units) Forecast by Product, 2019 to 2034
Table 7: Global Market Value (US$ Mn) Forecast by Distribution Channel, 2019 to 2034
Table 8: Global Market Volume (Units) Forecast by Distribution Channel, 2019 to 2034
Table 9: Global Market Value (US$ Mn) Forecast by Application, 2019 to 2034
Table 10: Global Market Volume (Units) Forecast by Application, 2019 to 2034
Table 11: North America Market Value (US$ Mn) Forecast by Country, 2019 to 2034
Table 12: North America Market Volume (Units) Forecast by Country, 2019 to 2034
Table 13: North America Market Value (US$ Mn) Forecast by Source, 2019 to 2034
Table 14: North America Market Volume (Units) Forecast by Source, 2019 to 2034
Table 15: North America Market Value (US$ Mn) Forecast by Product, 2019 to 2034
Table 16: North America Market Volume (Units) Forecast by Product, 2019 to 2034
Table 17: North America Market Value (US$ Mn) Forecast by Distribution Channel, 2019 to 2034
Table 18: North America Market Volume (Units) Forecast by Distribution Channel, 2019 to 2034
Table 19: North America Market Value (US$ Mn) Forecast by Application, 2019 to 2034
Table 20: North America Market Volume (Units) Forecast by Application, 2019 to 2034
Table 21: Latin America Market Value (US$ Mn) Forecast by Country, 2019 to 2034
Table 22: Latin America Market Volume (Units) Forecast by Country, 2019 to 2034
Table 23: Latin America Market Value (US$ Mn) Forecast by Source, 2019 to 2034
Table 24: Latin America Market Volume (Units) Forecast by Source, 2019 to 2034
Table 25: Latin America Market Value (US$ Mn) Forecast by Product, 2019 to 2034
Table 26: Latin America Market Volume (Units) Forecast by Product, 2019 to 2034
Table 27: Latin America Market Value (US$ Mn) Forecast by Distribution Channel, 2019 to 2034
Table 28: Latin America Market Volume (Units) Forecast by Distribution Channel, 2019 to 2034
Table 29: Latin America Market Value (US$ Mn) Forecast by Application, 2019 to 2034
Table 30: Latin America Market Volume (Units) Forecast by Application, 2019 to 2034
Table 31: Western Europe Market Value (US$ Mn) Forecast by Country, 2019 to 2034
Table 32: Western Europe Market Volume (Units) Forecast by Country, 2019 to 2034
Table 33: Western Europe Market Value (US$ Mn) Forecast by Source, 2019 to 2034
Table 34: Western Europe Market Volume (Units) Forecast by Source, 2019 to 2034
Table 35: Western Europe Market Value (US$ Mn) Forecast by Product, 2019 to 2034
Table 36: Western Europe Market Volume (Units) Forecast by Product, 2019 to 2034
Table 37: Western Europe Market Value (US$ Mn) Forecast by Distribution Channel, 2019 to 2034
Table 38: Western Europe Market Volume (Units) Forecast by Distribution Channel, 2019 to 2034
Table 39: Western Europe Market Value (US$ Mn) Forecast by Application, 2019 to 2034
Table 40: Western Europe Market Volume (Units) Forecast by Application, 2019 to 2034
Table 41: Eastern Europe Market Value (US$ Mn) Forecast by Country, 2019 to 2034
Table 42: Eastern Europe Market Volume (Units) Forecast by Country, 2019 to 2034
Table 43: Eastern Europe Market Value (US$ Mn) Forecast by Source, 2019 to 2034
Table 44: Eastern Europe Market Volume (Units) Forecast by Source, 2019 to 2034
Table 45: Eastern Europe Market Value (US$ Mn) Forecast by Product, 2019 to 2034
Table 46: Eastern Europe Market Volume (Units) Forecast by Product, 2019 to 2034
Table 47: Eastern Europe Market Value (US$ Mn) Forecast by Distribution Channel, 2019 to 2034
Table 48: Eastern Europe Market Volume (Units) Forecast by Distribution Channel, 2019 to 2034
Table 49: Eastern Europe Market Value (US$ Mn) Forecast by Application, 2019 to 2034
Table 50: Eastern Europe Market Volume (Units) Forecast by Application, 2019 to 2034
Table 51: South Asia and Pacific Market Value (US$ Mn) Forecast by Country, 2019 to 2034
Table 52: South Asia and Pacific Market Volume (Units) Forecast by Country, 2019 to 2034
Table 53: South Asia and Pacific Market Value (US$ Mn) Forecast by Source, 2019 to 2034
Table 54: South Asia and Pacific Market Volume (Units) Forecast by Source, 2019 to 2034
Table 55: South Asia and Pacific Market Value (US$ Mn) Forecast by Product, 2019 to 2034
Table 56: South Asia and Pacific Market Volume (Units) Forecast by Product, 2019 to 2034
Table 57: South Asia and Pacific Market Value (US$ Mn) Forecast by Distribution Channel, 2019 to 2034
Table 58: South Asia and Pacific Market Volume (Units) Forecast by Distribution Channel, 2019 to 2034
Table 59: South Asia and Pacific Market Value (US$ Mn) Forecast by Application, 2019 to 2034
Table 60: South Asia and Pacific Market Volume (Units) Forecast by Application, 2019 to 2034
Table 61: East Asia Market Value (US$ Mn) Forecast by Country, 2019 to 2034
Table 62: East Asia Market Volume (Units) Forecast by Country, 2019 to 2034
Table 63: East Asia Market Value (US$ Mn) Forecast by Source, 2019 to 2034
Table 64: East Asia Market Volume (Units) Forecast by Source, 2019 to 2034
Table 65: East Asia Market Value (US$ Mn) Forecast by Product, 2019 to 2034
Table 66: East Asia Market Volume (Units) Forecast by Product, 2019 to 2034
Table 67: East Asia Market Value (US$ Mn) Forecast by Distribution Channel, 2019 to 2034
Table 68: East Asia Market Volume (Units) Forecast by Distribution Channel, 2019 to 2034
Table 69: East Asia Market Value (US$ Mn) Forecast by Application, 2019 to 2034
Table 70: East Asia Market Volume (Units) Forecast by Application, 2019 to 2034
Table 71: Middle East and Africa Market Value (US$ Mn) Forecast by Country, 2019 to 2034
Table 72: Middle East and Africa Market Volume (Units) Forecast by Country, 2019 to 2034
Table 73: Middle East and Africa Market Value (US$ Mn) Forecast by Source, 2019 to 2034
Table 74: Middle East and Africa Market Volume (Units) Forecast by Source, 2019 to 2034
Table 75: Middle East and Africa Market Value (US$ Mn) Forecast by Product, 2019 to 2034
Table 76: Middle East and Africa Market Volume (Units) Forecast by Product, 2019 to 2034
Table 77: Middle East and Africa Market Value (US$ Mn) Forecast by Distribution Channel, 2019 to 2034
Table 78: Middle East and Africa Market Volume (Units) Forecast by Distribution Channel, 2019 to 2034
Table 79: Middle East and Africa Market Value (US$ Mn) Forecast by Application, 2019 to 2034
Table 80: Middle East and Africa Market Volume (Units) Forecast by Application, 2019 to 2034
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List Of Figures
Figure 1: Global Market Value (US$ Mn) by Source, 2024 to 2034
Figure 2: Global Market Value (US$ Mn) by Product, 2024 to 2034
Figure 3: Global Market Value (US$ Mn) by Distribution Channel, 2024 to 2034
Figure 4: Global Market Value (US$ Mn) by Application, 2024 to 2034
Figure 5: Global Market Value (US$ Mn) by Region, 2024 to 2034
Figure 6: Global Market Value (US$ Mn) Analysis by Region, 2019 to 2034
Figure 7: Global Market Volume (Units) Analysis by Region, 2019 to 2034
Figure 8: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034
Figure 9: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034
Figure 10: Global Market Value (US$ Mn) Analysis by Source, 2019 to 2034
Figure 11: Global Market Volume (Units) Analysis by Source, 2019 to 2034
Figure 12: Global Market Value Share (%) and BPS Analysis by Source, 2024 to 2034
Figure 13: Global Market Y-o-Y Growth (%) Projections by Source, 2024 to 2034
Figure 14: Global Market Value (US$ Mn) Analysis by Product, 2019 to 2034
Figure 15: Global Market Volume (Units) Analysis by Product, 2019 to 2034
Figure 16: Global Market Value Share (%) and BPS Analysis by Product, 2024 to 2034
Figure 17: Global Market Y-o-Y Growth (%) Projections by Product, 2024 to 2034
Figure 18: Global Market Value (US$ Mn) Analysis by Distribution Channel, 2019 to 2034
Figure 19: Global Market Volume (Units) Analysis by Distribution Channel, 2019 to 2034
Figure 20: Global Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 21: Global Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 22: Global Market Value (US$ Mn) Analysis by Application, 2019 to 2034
Figure 23: Global Market Volume (Units) Analysis by Application, 2019 to 2034
Figure 24: Global Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 25: Global Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 26: Global Market Attractiveness by Source, 2024 to 2034
Figure 27: Global Market Attractiveness by Product, 2024 to 2034
Figure 28: Global Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 29: Global Market Attractiveness by Application, 2024 to 2034
Figure 30: Global Market Attractiveness by Region, 2024 to 2034
Figure 31: North America Market Value (US$ Mn) by Source, 2024 to 2034
Figure 32: North America Market Value (US$ Mn) by Product, 2024 to 2034
Figure 33: North America Market Value (US$ Mn) by Distribution Channel, 2024 to 2034
Figure 34: North America Market Value (US$ Mn) by Application, 2024 to 2034
Figure 35: North America Market Value (US$ Mn) by Country, 2024 to 2034
Figure 36: North America Market Value (US$ Mn) Analysis by Country, 2019 to 2034
Figure 37: North America Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 38: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 39: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 40: North America Market Value (US$ Mn) Analysis by Source, 2019 to 2034
Figure 41: North America Market Volume (Units) Analysis by Source, 2019 to 2034
Figure 42: North America Market Value Share (%) and BPS Analysis by Source, 2024 to 2034
Figure 43: North America Market Y-o-Y Growth (%) Projections by Source, 2024 to 2034
Figure 44: North America Market Value (US$ Mn) Analysis by Product, 2019 to 2034
Figure 45: North America Market Volume (Units) Analysis by Product, 2019 to 2034
Figure 46: North America Market Value Share (%) and BPS Analysis by Product, 2024 to 2034
Figure 47: North America Market Y-o-Y Growth (%) Projections by Product, 2024 to 2034
Figure 48: North America Market Value (US$ Mn) Analysis by Distribution Channel, 2019 to 2034
Figure 49: North America Market Volume (Units) Analysis by Distribution Channel, 2019 to 2034
Figure 50: North America Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 51: North America Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 52: North America Market Value (US$ Mn) Analysis by Application, 2019 to 2034
Figure 53: North America Market Volume (Units) Analysis by Application, 2019 to 2034
Figure 54: North America Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 55: North America Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 56: North America Market Attractiveness by Source, 2024 to 2034
Figure 57: North America Market Attractiveness by Product, 2024 to 2034
Figure 58: North America Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 59: North America Market Attractiveness by Application, 2024 to 2034
Figure 60: North America Market Attractiveness by Country, 2024 to 2034
Figure 61: Latin America Market Value (US$ Mn) by Source, 2024 to 2034
Figure 62: Latin America Market Value (US$ Mn) by Product, 2024 to 2034
Figure 63: Latin America Market Value (US$ Mn) by Distribution Channel, 2024 to 2034
Figure 64: Latin America Market Value (US$ Mn) by Application, 2024 to 2034
Figure 65: Latin America Market Value (US$ Mn) by Country, 2024 to 2034
Figure 66: Latin America Market Value (US$ Mn) Analysis by Country, 2019 to 2034
Figure 67: Latin America Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 68: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 69: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 70: Latin America Market Value (US$ Mn) Analysis by Source, 2019 to 2034
Figure 71: Latin America Market Volume (Units) Analysis by Source, 2019 to 2034
Figure 72: Latin America Market Value Share (%) and BPS Analysis by Source, 2024 to 2034
Figure 73: Latin America Market Y-o-Y Growth (%) Projections by Source, 2024 to 2034
Figure 74: Latin America Market Value (US$ Mn) Analysis by Product, 2019 to 2034
Figure 75: Latin America Market Volume (Units) Analysis by Product, 2019 to 2034
Figure 76: Latin America Market Value Share (%) and BPS Analysis by Product, 2024 to 2034
Figure 77: Latin America Market Y-o-Y Growth (%) Projections by Product, 2024 to 2034
Figure 78: Latin America Market Value (US$ Mn) Analysis by Distribution Channel, 2019 to 2034
Figure 79: Latin America Market Volume (Units) Analysis by Distribution Channel, 2019 to 2034
Figure 80: Latin America Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 81: Latin America Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 82: Latin America Market Value (US$ Mn) Analysis by Application, 2019 to 2034
Figure 83: Latin America Market Volume (Units) Analysis by Application, 2019 to 2034
Figure 84: Latin America Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 85: Latin America Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 86: Latin America Market Attractiveness by Source, 2024 to 2034
Figure 87: Latin America Market Attractiveness by Product, 2024 to 2034
Figure 88: Latin America Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 89: Latin America Market Attractiveness by Application, 2024 to 2034
Figure 90: Latin America Market Attractiveness by Country, 2024 to 2034
Figure 91: Western Europe Market Value (US$ Mn) by Source, 2024 to 2034
Figure 92: Western Europe Market Value (US$ Mn) by Product, 2024 to 2034
Figure 93: Western Europe Market Value (US$ Mn) by Distribution Channel, 2024 to 2034
Figure 94: Western Europe Market Value (US$ Mn) by Application, 2024 to 2034
Figure 95: Western Europe Market Value (US$ Mn) by Country, 2024 to 2034
Figure 96: Western Europe Market Value (US$ Mn) Analysis by Country, 2019 to 2034
Figure 97: Western Europe Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 98: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 99: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 100: Western Europe Market Value (US$ Mn) Analysis by Source, 2019 to 2034
Figure 101: Western Europe Market Volume (Units) Analysis by Source, 2019 to 2034
Figure 102: Western Europe Market Value Share (%) and BPS Analysis by Source, 2024 to 2034
Figure 103: Western Europe Market Y-o-Y Growth (%) Projections by Source, 2024 to 2034
Figure 104: Western Europe Market Value (US$ Mn) Analysis by Product, 2019 to 2034
Figure 105: Western Europe Market Volume (Units) Analysis by Product, 2019 to 2034
Figure 106: Western Europe Market Value Share (%) and BPS Analysis by Product, 2024 to 2034
Figure 107: Western Europe Market Y-o-Y Growth (%) Projections by Product, 2024 to 2034
Figure 108: Western Europe Market Value (US$ Mn) Analysis by Distribution Channel, 2019 to 2034
Figure 109: Western Europe Market Volume (Units) Analysis by Distribution Channel, 2019 to 2034
Figure 110: Western Europe Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 111: Western Europe Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 112: Western Europe Market Value (US$ Mn) Analysis by Application, 2019 to 2034
Figure 113: Western Europe Market Volume (Units) Analysis by Application, 2019 to 2034
Figure 114: Western Europe Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 115: Western Europe Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 116: Western Europe Market Attractiveness by Source, 2024 to 2034
Figure 117: Western Europe Market Attractiveness by Product, 2024 to 2034
Figure 118: Western Europe Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 119: Western Europe Market Attractiveness by Application, 2024 to 2034
Figure 120: Western Europe Market Attractiveness by Country, 2024 to 2034
Figure 121: Eastern Europe Market Value (US$ Mn) by Source, 2024 to 2034
Figure 122: Eastern Europe Market Value (US$ Mn) by Product, 2024 to 2034
Figure 123: Eastern Europe Market Value (US$ Mn) by Distribution Channel, 2024 to 2034
Figure 124: Eastern Europe Market Value (US$ Mn) by Application, 2024 to 2034
Figure 125: Eastern Europe Market Value (US$ Mn) by Country, 2024 to 2034
Figure 126: Eastern Europe Market Value (US$ Mn) Analysis by Country, 2019 to 2034
Figure 127: Eastern Europe Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 128: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 129: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 130: Eastern Europe Market Value (US$ Mn) Analysis by Source, 2019 to 2034
Figure 131: Eastern Europe Market Volume (Units) Analysis by Source, 2019 to 2034
Figure 132: Eastern Europe Market Value Share (%) and BPS Analysis by Source, 2024 to 2034
Figure 133: Eastern Europe Market Y-o-Y Growth (%) Projections by Source, 2024 to 2034
Figure 134: Eastern Europe Market Value (US$ Mn) Analysis by Product, 2019 to 2034
Figure 135: Eastern Europe Market Volume (Units) Analysis by Product, 2019 to 2034
Figure 136: Eastern Europe Market Value Share (%) and BPS Analysis by Product, 2024 to 2034
Figure 137: Eastern Europe Market Y-o-Y Growth (%) Projections by Product, 2024 to 2034
Figure 138: Eastern Europe Market Value (US$ Mn) Analysis by Distribution Channel, 2019 to 2034
Figure 139: Eastern Europe Market Volume (Units) Analysis by Distribution Channel, 2019 to 2034
Figure 140: Eastern Europe Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 141: Eastern Europe Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 142: Eastern Europe Market Value (US$ Mn) Analysis by Application, 2019 to 2034
Figure 143: Eastern Europe Market Volume (Units) Analysis by Application, 2019 to 2034
Figure 144: Eastern Europe Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 145: Eastern Europe Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 146: Eastern Europe Market Attractiveness by Source, 2024 to 2034
Figure 147: Eastern Europe Market Attractiveness by Product, 2024 to 2034
Figure 148: Eastern Europe Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 149: Eastern Europe Market Attractiveness by Application, 2024 to 2034
Figure 150: Eastern Europe Market Attractiveness by Country, 2024 to 2034
Figure 151: South Asia and Pacific Market Value (US$ Mn) by Source, 2024 to 2034
Figure 152: South Asia and Pacific Market Value (US$ Mn) by Product, 2024 to 2034
Figure 153: South Asia and Pacific Market Value (US$ Mn) by Distribution Channel, 2024 to 2034
Figure 154: South Asia and Pacific Market Value (US$ Mn) by Application, 2024 to 2034
Figure 155: South Asia and Pacific Market Value (US$ Mn) by Country, 2024 to 2034
Figure 156: South Asia and Pacific Market Value (US$ Mn) Analysis by Country, 2019 to 2034
Figure 157: South Asia and Pacific Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 158: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 159: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 160: South Asia and Pacific Market Value (US$ Mn) Analysis by Source, 2019 to 2034
Figure 161: South Asia and Pacific Market Volume (Units) Analysis by Source, 2019 to 2034
Figure 162: South Asia and Pacific Market Value Share (%) and BPS Analysis by Source, 2024 to 2034
Figure 163: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Source, 2024 to 2034
Figure 164: South Asia and Pacific Market Value (US$ Mn) Analysis by Product, 2019 to 2034
Figure 165: South Asia and Pacific Market Volume (Units) Analysis by Product, 2019 to 2034
Figure 166: South Asia and Pacific Market Value Share (%) and BPS Analysis by Product, 2024 to 2034
Figure 167: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Product, 2024 to 2034
Figure 168: South Asia and Pacific Market Value (US$ Mn) Analysis by Distribution Channel, 2019 to 2034
Figure 169: South Asia and Pacific Market Volume (Units) Analysis by Distribution Channel, 2019 to 2034
Figure 170: South Asia and Pacific Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 171: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 172: South Asia and Pacific Market Value (US$ Mn) Analysis by Application, 2019 to 2034
Figure 173: South Asia and Pacific Market Volume (Units) Analysis by Application, 2019 to 2034
Figure 174: South Asia and Pacific Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 175: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 176: South Asia and Pacific Market Attractiveness by Source, 2024 to 2034
Figure 177: South Asia and Pacific Market Attractiveness by Product, 2024 to 2034
Figure 178: South Asia and Pacific Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 179: South Asia and Pacific Market Attractiveness by Application, 2024 to 2034
Figure 180: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034
Figure 181: East Asia Market Value (US$ Mn) by Source, 2024 to 2034
Figure 182: East Asia Market Value (US$ Mn) by Product, 2024 to 2034
Figure 183: East Asia Market Value (US$ Mn) by Distribution Channel, 2024 to 2034
Figure 184: East Asia Market Value (US$ Mn) by Application, 2024 to 2034
Figure 185: East Asia Market Value (US$ Mn) by Country, 2024 to 2034
Figure 186: East Asia Market Value (US$ Mn) Analysis by Country, 2019 to 2034
Figure 187: East Asia Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 188: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 189: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 190: East Asia Market Value (US$ Mn) Analysis by Source, 2019 to 2034
Figure 191: East Asia Market Volume (Units) Analysis by Source, 2019 to 2034
Figure 192: East Asia Market Value Share (%) and BPS Analysis by Source, 2024 to 2034
Figure 193: East Asia Market Y-o-Y Growth (%) Projections by Source, 2024 to 2034
Figure 194: East Asia Market Value (US$ Mn) Analysis by Product, 2019 to 2034
Figure 195: East Asia Market Volume (Units) Analysis by Product, 2019 to 2034
Figure 196: East Asia Market Value Share (%) and BPS Analysis by Product, 2024 to 2034
Figure 197: East Asia Market Y-o-Y Growth (%) Projections by Product, 2024 to 2034
Figure 198: East Asia Market Value (US$ Mn) Analysis by Distribution Channel, 2019 to 2034
Figure 199: East Asia Market Volume (Units) Analysis by Distribution Channel, 2019 to 2034
Figure 200: East Asia Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 201: East Asia Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 202: East Asia Market Value (US$ Mn) Analysis by Application, 2019 to 2034
Figure 203: East Asia Market Volume (Units) Analysis by Application, 2019 to 2034
Figure 204: East Asia Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 205: East Asia Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 206: East Asia Market Attractiveness by Source, 2024 to 2034
Figure 207: East Asia Market Attractiveness by Product, 2024 to 2034
Figure 208: East Asia Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 209: East Asia Market Attractiveness by Application, 2024 to 2034
Figure 210: East Asia Market Attractiveness by Country, 2024 to 2034
Figure 211: Middle East and Africa Market Value (US$ Mn) by Source, 2024 to 2034
Figure 212: Middle East and Africa Market Value (US$ Mn) by Product, 2024 to 2034
Figure 213: Middle East and Africa Market Value (US$ Mn) by Distribution Channel, 2024 to 2034
Figure 214: Middle East and Africa Market Value (US$ Mn) by Application, 2024 to 2034
Figure 215: Middle East and Africa Market Value (US$ Mn) by Country, 2024 to 2034
Figure 216: Middle East and Africa Market Value (US$ Mn) Analysis by Country, 2019 to 2034
Figure 217: Middle East and Africa Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 218: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 219: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 220: Middle East and Africa Market Value (US$ Mn) Analysis by Source, 2019 to 2034
Figure 221: Middle East and Africa Market Volume (Units) Analysis by Source, 2019 to 2034
Figure 222: Middle East and Africa Market Value Share (%) and BPS Analysis by Source, 2024 to 2034
Figure 223: Middle East and Africa Market Y-o-Y Growth (%) Projections by Source, 2024 to 2034
Figure 224: Middle East and Africa Market Value (US$ Mn) Analysis by Product, 2019 to 2034
Figure 225: Middle East and Africa Market Volume (Units) Analysis by Product, 2019 to 2034
Figure 226: Middle East and Africa Market Value Share (%) and BPS Analysis by Product, 2024 to 2034
Figure 227: Middle East and Africa Market Y-o-Y Growth (%) Projections by Product, 2024 to 2034
Figure 228: Middle East and Africa Market Value (US$ Mn) Analysis by Distribution Channel, 2019 to 2034
Figure 229: Middle East and Africa Market Volume (Units) Analysis by Distribution Channel, 2019 to 2034
Figure 230: Middle East and Africa Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 231: Middle East and Africa Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 232: Middle East and Africa Market Value (US$ Mn) Analysis by Application, 2019 to 2034
Figure 233: Middle East and Africa Market Volume (Units) Analysis by Application, 2019 to 2034
Figure 234: Middle East and Africa Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 235: Middle East and Africa Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 236: Middle East and Africa Market Attractiveness by Source, 2024 to 2034
Figure 237: Middle East and Africa Market Attractiveness by Product, 2024 to 2034
Figure 238: Middle East and Africa Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 239: Middle East and Africa Market Attractiveness by Application, 2024 to 2034
Figure 240: Middle East and Africa Market Attractiveness by Country, 2024 to 2034
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- FAQs -
What was the Value of the Lighting Fixture Market in 2019?
The global lighting fitting market was worth US$ 26,600.1 million in 2019.
What is the Expected Valuation of the Lighting Fixture Market in 2024?
The sales of lighting fixture solutions are likely to reach US$ 40,180.2 million in 2024.
What is the Demand Forecast for the Lighting Fixtures by 2034?
Demand for lighting fixtures is projected to reach a US$ 56,115.2 million by the end of 2034.
What Is the Growth Projection for the Lighting Fixture Market?
Adoption of lighting fixtures is projected to rise at a CAGR of 3.4% through 2034.
At What CAGR is the Market in North America Predicted to Grow?
The North America market is forecasted to expand at a CAGR of 3.5% through 2034.