Energy Efficient Lighting Technology Market Size is Forecasted to Reach US$ 406.44 billion by 2030

The “Energy Efficient Lighting Technology Market (By Type: Incandescent Lamp, Light Emitting Diode, Arc Lamp, and Gas Discharge Lamps; By Application: Residential, Commercial, and Government) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2022 – 2030” report has been added to Precedence Research’s offering.

The global energy efficient lighting technology market size is forecasted to reach from US$ 200.7 billion in 2021 to US$ 406.44 billion by 2030 and is anticipated to grow at compounded annual growth rate (CAGR) of 8.2% from 2021 to 2030, as per reports by market research and consulting organization Precedence Research.

The report contains 150+ pages with detailed analysis. The base year for the study has been considered 2021, the historic year 2017 and 2020, the forecast period considered is from 2021 to 2030. The energy efficient lighting technology market is analyzed on the basis of value (US$ Million), volume (Unit), and price (US$/Unit).

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Market Overview

The energy efficient lighting technology market study conducted by Precedence Research is intended at helping stakeholders get a comprehensive overview of potential challenges and undiscovered opportunities. The report offers exclusive insights to help companies make informed decision to sustain growth through the assessment period.

Scope of the Energy Efficient Lighting Technology Market Report

North America Region to be Most Lucrative

By region, the European market for energy efficient lighting valued for US$ 80+ billion in 2021 and is expected to witness lucrative growth by the end of 2027. The extensive growth of the region can be attributed to rapid adoption of latest technologies, strict government & industry regulations, and the presence of key players.

On the other hand, Asia Pacific is estimated to be the most opportunistic market during the forecast period. Asia Pacific is witnessing rapid industrialization, rapid urbanization, increased FDIs, and growing government initiatives to deploy sustainable and energy efficient solutions.

Competitive Landscape Analysis:

Some of the leading companies operating in the energy efficient lighting technology market are profiled in the market study. The report also underscores winning strategies adopted over the last few years and gauges impact of the same on growth trajectory exhibited by the market over the last few years.

Major companies operating in this report are

• Bajaj Electricals Ltd.
• Cree Inc.
• Eaton Corporation
• General Electric Company
• OSRAM Licht Group
• Apple Inc.
• Nichia Corporation
• Toshiba Lighting & Technology Corporation
• LIGMAN Lighting Co.
• Bridelux Inc.

Impact of COVID-19

The outbreak of coronavirus across the globe has impacted the global energy efficient lighting market in a negative way. This can be majorly attributed to shortage of electric components supply due to COVID-19 pandemic and the delaying of residential projects where energy efficient lighting is used. However, many leading companies of the global market are taking strategic steps to sustain during the pandemic. For instance, in August 2021, Advanced Lighting Technologies, the leading innovator & manufacturer of energy efficient lighting materials and finished products, announced that it is following government guidelines relating to continue working during the unprecedented time. The company said that it is fully operational for delivering their lighting products to projects, customers, and infrastructure development.

Market Segmentation

By Type

• Incandescent Lamp
• Light Emitting Diode
• Arc Lamp
• Gas Discharge Lamps

By Application

• Residential
• Commercial
• Government

Regional Segmentation

– North America (U.S. and Canada)

 – Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)

 – Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)

 – Latin America (Brazil and Rest of Latin America)

– Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Why should you invest in this report?

If you are aiming to enter the global energy efficient lighting technology market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for energy efficient lighting technology are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030, so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Energy Efficient Lighting Technology Market 

5.1. COVID-19 Landscape: Energy Efficient Lighting Technology Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Energy Efficient Lighting Technology Market, By Product

8.1. Energy Efficient Lighting Technology Market, by Product Type, 2021-2030

8.1.1. Incandescent Lamp

8.1.1.1. Market Revenue and Forecast (2019-2030)

8.1.2. Light Emitting Diode

8.1.2.1. Market Revenue and Forecast (2019-2030)

8.1.3. Arc Lamp

8.1.3.1. Market Revenue and Forecast (2019-2030)

8.1.4. Gas Discharge Lamps

8.1.4.1. Market Revenue and Forecast (2019-2030)

Chapter 9. Global Energy Efficient Lighting Technology Market, By Application

9.1. Energy Efficient Lighting Technology Market, by Application, 2021-2030

9.1.1. Residential

9.1.1.1. Market Revenue and Forecast (2019-2030)

9.1.2. Commercial

9.1.2.1. Market Revenue and Forecast (2019-2030)

9.1.3. Government

9.1.3.1. Market Revenue and Forecast (2019-2030)

Chapter 10. Global Energy Efficient Lighting Technology Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Product (2019-2030)

10.1.2. Market Revenue and Forecast, by Application (2019-2030)

10.1.3. U.S.

10.1.3.1. Market Revenue and Forecast, by Product (2019-2030)

10.1.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.1.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.2. Europe

10.2.1. Market Revenue and Forecast, by Product (2019-2030)

10.2.2. Market Revenue and Forecast, by Application (2019-2030)

10.2.3. UK

10.2.3.1. Market Revenue and Forecast, by Product (2019-2030)

10.2.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.2.4. Germany

10.2.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.2.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.2.5. France

10.2.5.1. Market Revenue and Forecast, by Product (2019-2030)

10.2.5.2. Market Revenue and Forecast, by Application (2019-2030)

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Forecast, by Product (2019-2030)

10.2.6.2. Market Revenue and Forecast, by Application (2019-2030)

10.3. APAC

10.3.1. Market Revenue and Forecast, by Product (2019-2030)

10.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.3.3. India

10.3.3.1. Market Revenue and Forecast, by Product (2019-2030)

10.3.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.3.4. China

10.3.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.3.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.3.5. Japan

10.3.5.1. Market Revenue and Forecast, by Product (2019-2030)

10.3.5.2. Market Revenue and Forecast, by Application (2019-2030)

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Forecast, by Product (2019-2030)

10.3.6.2. Market Revenue and Forecast, by Application (2019-2030)

10.4. MEA

10.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.4.3. GCC

10.4.3.1. Market Revenue and Forecast, by Product (2019-2030)

10.4.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.4.4. North Africa

10.4.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.4.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.4.5. South Africa

10.4.5.1. Market Revenue and Forecast, by Product (2019-2030)

10.4.5.2. Market Revenue and Forecast, by Application (2019-2030)

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Forecast, by Product (2019-2030)

10.4.6.2. Market Revenue and Forecast, by Application (2019-2030)

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Product (2019-2030)

10.5.2. Market Revenue and Forecast, by Application (2019-2030)

10.5.3. Brazil

10.5.3.1. Market Revenue and Forecast, by Product (2019-2030)

10.5.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.5.4.2. Market Revenue and Forecast, by Application (2019-2030)

Chapter 11. Company Profiles

11.1. Bajaj Electricals Ltd.

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. Cree Inc.

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Eaton Corporation

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. General Electric Company

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. OSRAM Licht Group

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Apple Inc.

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Nichia Corporation

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Toshiba Lighting & Technology Corporation

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. LIGMAN Lighting Co.

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Bridelux Inc.

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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