General Lighting Market Report 2024 (Global Edition)

Global General Lighting Market Report 2024 Market Size Split by Lighting Type (LED, CFL, LFL, HIDs, Halogen, Incandescent), by End User (Residential Segment, Commercial Segment, Outdoor Segment, Indus...

General Lighting Market Report Description

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Competitive Landscape of the General lighting Market

The competitive landscape of the general lighting market is characterized by intense rivalry among industry players striving to innovate, differentiate, and capture market share. Key factors driving competition include product quality, technological advancements, pricing strategies, distribution networks, and customer service offerings.

General lighting Industry News

In October 2023, OSRAM announces the expansion of its renowned series of LED retrofit lamps. The new OSRAM Night Breaker H1-LED allows drivers to seamlessly upgrade their conventional H1 halogen low-beam and high-beam headlights to LED technology, in a legal, convenient, and cost-effective manner.

(Source: https://ams-osram.com/news/press-releases/ams-osram-launches-the-osram-night-breaker-h1-led) 

Top Companies Market Share in General Lighting Industry: (In no particular order of Rank)

• Zumtobel Group AG
• Acuity Brands
• 3G Lighting
• Selux Corp
• OSRAM
• Decon Lighting Pvt. Ltd.
• Citizens Electronics
• Schneider Electric
• Axis Lighting
• Cree
• Inc.
• Signify Holding
• Eaton
• Hubbell
• Koninklijke Philips N.V.
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

In terms of revenue, the North America General Lighting Market share was 40% of the total market

According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue due to factors such as widespread adoption of energy-efficient lighting technologies, stringent government regulations promoting sustainability, and high consumer purchasing power. Additionally, advancements in smart lighting solutions, robust infrastructure development projects, and increasing demand for modernization and renovation activities further bolster sales in the region.

Asia-Pacific is the fastest-growing region. Rapid urbanization, infrastructure development, and expanding construction activities drive demand for general lighting. Moreover, rising disposable incomes, increasing awareness of energy efficiency, and government initiatives supporting sustainable development propel sales growth in the region. Additionally, the growing trend of urbanization, coupled with the adoption of smart lighting solutions, contributes to the region's accelerated market expansion.

The current report Scope analyzes General Lighting Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America General Lighting

According to Cognitive Market Research, the global general lighting market size was estimated at USD 35125.1 Million out of which North America held the major market of around 40% of the global revenue with a market size of USD 14050.04 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031. Sales of general lighting in North America are set to increase due to several factors. The region's robust economic growth, coupled with government initiatives promoting energy efficiency, drives demand for modern lighting solutions. Moreover, the growing trend of smart home adoption and the integration of IoT technology in lighting systems contribute to market expansion. The region's focus on sustainability and reducing carbon footprints further accelerates the transition to energy-efficient lighting. In North America, LED lighting holds the highest market share, expected to grow due to its durability, cost-effectiveness, and adaptability to smart technologies.

• According to Cognitive Market Research, the US had a major share in the general lighting market with a market size of USD 11085.48 million in 2024 and is projected to grow at a CAGR of 3.5% during the forecast period. Sales of general lighting in the U.S. are poised for growth due to increasing infrastructure projects, renovation activities, and government incentives promoting energy-efficient lighting solutions, driving market demand.
• The Canada general lighting market had a market share of USD 1686.00 million in 2024 and is projected to grow at a CAGR of 4.5% during the forecast period. In Canada, sales of general lighting are set to increase due to urbanization, stringent energy efficiency regulations, and a growing focus on sustainable development, fostering the adoption of eco-friendly lighting solutions.
• The Mexico general lighting market is projected to witness growth at a CAGR of 4.2% during the forecast period with a market size of USD 1278.55 million in 2024.

Europe General Lighting

According to Cognitive Market Research, with a market value of USD 35125.1 million in 2024 and projected to expand at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031. Europe accounted for a share of around 30% of the global market size of USD 10537.53 million. In Europe, the sales of general lighting are poised for growth due to various factors. Stringent regulations promoting energy efficiency and sustainability propel the adoption of LED and other eco-friendly lighting solutions. Additionally, increasing emphasis on smart city initiatives and urban development projects drives demand for modern lighting systems in public spaces and infrastructure. The region's commitment to reducing greenhouse gas emissions further boosts the market. Moreover, the rising popularity of architectural lighting and emphasis on aesthetics in residential and commercial settings stimulate sales. LED lighting dominates the market in Europe, expected to grow due to its superior energy efficiency and longevity.

• The United Kingdom general lighting market had a market share of USD 1770.31 million in 2024 and is projected to grow at a CAGR of 4.8% during the forecast period. The UK's general lighting market is expected to grow due to emphasis on energy efficiency, smart city initiatives, and infrastructure development projects, fostering demand for modern lighting solutions across sectors.
• The France general lighting market is projected to witness growth at a CAGR of 3.2% during the forecast period with a market size of USD 969.45 million in 2024.
• According to Cognitive Market Research, the Germany general lighting market size was valued at USD 2086.43 million in 2024 and is projected to grow at a CAGR of 4.2% during the forecast period. Sales of general lighting in Germany are on the rise due to government support for renewable energy, strong environmental regulations, and a focus on smart lighting technologies, driving market expansion.
• The Italy general lighting market is projected to witness growth at a CAGR of 3.4% during the forecast period with a market size of USD 906.23 million in 2024.
• The Russia general lighting market is projected to witness growth at a CAGR of 3.0% during the forecast period with a market size of USD 1633.32 million in 2024.
• The Spain general lighting market is projected to witness growth at a CAGR of 3.1% during the forecast period with a market size of USD 864.08 million in 2024.
• The Luxembourg general lighting market is projected to witness growth at a CAGR of 4.1% during the forecast period with a market size of USD 326.66 million in 2024.
• The Portugal general lighting market is projected to witness growth at a CAGR of 3.8% during the forecast period with a market size of USD 221.29 million in 2024.
• The Greece general lighting market is projected to witness growth at a CAGR of 4.3% during the forecast period with a market size of USD 126.45 million in 2024.
• Rest of Europe general lighting market is projected to witness growth at a CAGR of 2.7% during the forecast period with a market size of USD 1633.32 million in 2024.

Asia Pacific General Lighting

According to Cognitive Market Research, the global General lighting market size was estimated at USD 35125.1 Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 8078.77 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031. Asia Pacific is witnessing a surge in sales of general lighting driven by several factors unique to the region. Rapid urbanization and infrastructure development projects increase demand for lighting solutions in residential, commercial, and outdoor spaces. Furthermore, government initiatives promoting renewable energy sources and smart city development initiatives contribute to market growth. The prevalence of off-grid areas in rural regions drives demand for solar-powered lighting solutions. In Asia Pacific, the residential segment holds the highest market share, anticipated to grow due to increasing urbanization and lifestyle changes.

• According to Cognitive Market Research, the China general lighting market size was valued at USD 3635.45 million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period. China's general lighting market is witnessing growth due to rapid urbanization, infrastructure development, government incentives for energy-saving lighting, and increasing consumer spending on home improvement projects, stimulating market demand.
• The Japan general lighting market is projected to witness growth at a CAGR of 6.0% during the forecast period with a market size of USD 1114.87 million in 2024.
• The India general lighting market had a market share of USD 969.45 million in 2024 and is projected to grow at a CAGR of 9.3% during the forecast period. In India, sales of general lighting are increasing due to urbanization, government initiatives promoting LED adoption, rising disposable incomes, and a growing emphasis on energy efficiency, driving market growth.
• The South Korea general lighting market is projected to witness growth at a CAGR of 6.6% during the forecast period with a market size of USD 807.88 million in 2024.
• The Australia general lighting market is projected to witness growth at a CAGR of 7.2% during the forecast period with a market size of USD 420.10 million in 2024.
• The South East Asia general lighting market is projected to witness growth at a CAGR of 8.5% during the forecast period with a market size of USD 557.44 million in 2024.
• The Rest of Asia Pacific general lighting market is projected to witness growth at a CAGR of 7.3% during the forecast period with a market size of USD 573.59 million in 2024.

South America General Lighting

According to Cognitive Market Research, the global General lighting market size was estimated at USD 35125.1 Million out of which Latin America market of around 5% of the global revenue with a market size of USD 1756.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031. Sales of general lighting in Latin America are on the rise due to various factors. Economic development and urbanization drive demand for lighting solutions in residential and commercial sectors. Additionally, increasing awareness of energy efficiency and environmental sustainability fosters the adoption of LED and other eco-friendly lighting technologies. Moreover, government investments in infrastructure projects and public lighting systems contribute to market expansion. The region's rich cultural heritage and emphasis on aesthetics in architecture further stimulate sales. In Latin America, the commercial segment holds the highest market share, expected to grow due to expanding retail and hospitality industries.

• According to Cognitive Market Research, the Brazil general lighting market size was valued at USD 751.68 million in 2024 and is projected to grow at a CAGR of 5.5% during the forecast period. Sales of general lighting in Brazil are set to increase due to infrastructure development projects, urbanization, and a growing focus on sustainability, fostering demand for modern lighting solutions across residential and commercial sectors.
• The Argentina general lighting market had a market share of USD 295.05 million in 2024 and is projected to grow at a CAGR of 5.8% during the forecast period. Argentina's general lighting market is experiencing growth due to infrastructure investments, increasing urbanization, and government initiatives promoting energy efficiency, driving demand for modern lighting solutions in residential and commercial sectors.
• The Colombia general lighting market is projected to witness growth at a CAGR of 4.7% during the forecast period with a market size of USD 156.31 million in 2024.
• The Peru general lighting market is projected to witness growth at a CAGR of 5.1% during the forecast period with a market size of USD 144.01 million in 2024.
• The Chile general lighting market is projected to witness growth at a CAGR of 5.2% during the forecast period with a market size of USD 126.45 million in 2024.
• The Rest of Latin America general lighting market is projected to witness growth at a CAGR of 4.0% during the forecast period with a market size of USD 282.76 million in 2024.

Middle East and Africa General Lighting

According to Cognitive Market Research, the global General lighting market size was estimated at USD 35125.1 Million out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 702.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031. The MEA region is experiencing an uptick in sales of general lighting owing to several factors. Rapid urbanization, infrastructure development, and population growth drive demand for lighting solutions in residential, commercial, and outdoor spaces. Moreover, the region's abundant sunlight encourages the adoption of solar-powered lighting solutions, particularly in remote areas. Furthermore, the rising tourism industry and hospitality sector contribute to market expansion. In the MEA region, the outdoor segment holds the highest market share, anticipated to grow due to infrastructure development and emphasis on security and aesthetics.

• According to Cognitive Market Research, the GCC Countries general lighting market size was valued at USD 300.67 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. Sales of general lighting in GCC countries are on the rise due to rapid urbanization, infrastructure projects, government investments in smart city initiatives, and a growing emphasis on 
• energy efficiency, stimulating market growth.
• The Egypt general lighting market is projected to witness growth at a CAGR of 5.5% during the forecast period with a market size of USD 73.76 million in 2024.
• The South Africa general lighting market is projected to witness growth at a CAGR of 6.2% during the forecast period with a market size of USD 111.00 million in 2024. In South Africa, sales of general lighting are increasing due to infrastructure development, urbanization, government incentives for energy-efficient lighting, and rising consumer awareness about environmental sustainability, driving market demand.
• The Turkey general lighting market is projected to witness growth at a CAGR of 4.7% during the forecast period with a market size of USD 60.42 million in 2024.
• The Nigeria general lighting market is projected to witness growth at a CAGR of 4.3% during the forecast period with a market size of USD 73.76 million in 2024.
• The Rest of MEA general lighting market is projected to witness growth at a CAGR of 4.2% during the forecast period with a market size of USD 82.90 million in 2024.

General Lighting Market Analysis

General Lighting Market Lighting Type Segment Analysis

According to Cognitive Market Research, LED held the major market share over the forecast period due to its superior energy efficiency, longer lifespan, and decreasing costs. Additionally, government initiatives promoting energy-saving technologies, growing environmental awareness, and the versatility of LED lighting applications in various sectors contribute to its continued dominance in the market.

CFL is the fastest-growing category over the forecast period due to its energy efficiency, affordability, and ease of adoption as a replacement for traditional incandescent bulbs. Moreover, increasing environmental regulations phasing out incandescent lighting, along with consumer preferences for eco-friendly alternatives, drive the demand for CFLs. Additionally, the advancements in CFL technology, offering improved performance and aesthetics, further propel its growth in the market.

• LED
• CFL
• LFL
• HIDs
• Halogen
• Incandescent

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of General Lighting Industry. Request a Free Sample PDF!

General Lighting Market End User Segment Analysis

According to Cognitive Market Research, residential segment hold a prominent market share due to factors such as increasing urbanization, rising population, and a growing focus on home improvement projects. Additionally, evolving lifestyle preferences, aesthetic considerations, and the desire for energy-efficient lighting solutions drive demand in this segment. Moreover, the integration of smart lighting technologies and the trend towards creating comfortable and personalized living spaces further contribute to the segment's sales growth.

Outdoor segment is the fastest-growing category over the forecast period. Urbanization and infrastructure development projects increase demand for outdoor lighting in public spaces, streets, parks, and architectural landmarks. Furthermore, rising concerns about safety and security, coupled with the growing popularity of outdoor leisure activities, fuel the need for well-lit outdoor environments. Additionally, advancements in outdoor lighting technologies, including LED and solar-powered solutions, further boost sales in this segment.

• Residential Segment
• Commercial Segment
• Outdoor Segment
• Industrial Segment
• Architectural Segment
• Others

The above Graph is for representation purposes only. This chart does not depict actual Market share.

General Lighting Energy Source Segment Analysis

According to Cognitive Market Research, electric hold a prominent market share due to its widespread infrastructure, reliability, and ease of integration into existing systems. Additionally, the familiarity and established market presence of electric lighting technologies contribute to its dominance. Moreover, ongoing advancements in electric lighting, such as LED and smart lighting solutions, continue to drive sales in this segment, offering improved energy efficiency, functionality, and customization options to consumers and businesses alike.

Solar is the fastest-growing category over the forecast period due to increasing environmental concerns, government incentives, and advancements in solar technology. Rising awareness of sustainability drives demand for renewable energy sources, including solar-powered lighting solutions. Additionally, off-grid applications in remote areas and outdoor spaces further propel the growth of solar lighting. Moreover, decreasing costs of solar panels and batteries make solar lighting more accessible and cost-effective, fostering its rapid expansion in the market.

• Electric
• Solar
• Battery Operated

General Lighting Distribution Channel Segment Analysis

According to Cognitive Market Research, offline hold a prominent market share due to established distribution networks, including retail stores, specialty lighting shops, and home improvement centres. Consumers often prefer the hands-on experience and immediate availability of products offered through offline channels. Additionally, personalized assistance from sales representatives and the ability to physically inspect products contribute to the segment's dominance. Furthermore, partnerships with contractors and architects also drive sales through offline channels. 

Online is the fastest-growing category over the forecast period owing to the increasing popularity of e-commerce platforms, convenience, and a wide range of product offerings. Consumers appreciate the ease of browsing, comparison, and purchasing from the comfort of their homes. Moreover, the ability to access customer reviews, product specifications, and discounts online enhances the buying experience. Additionally, the global reach of online platforms and digital marketing strategies contribute to the segment's rapid growth.

• Offline
• Online

Author's Detail

Kalyani Raje

Senior Research Analyst at Cognitive Market Research

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ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje

An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.

Author's Conclusion