Global Energy Efficient Lighting Technology Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Incandescent Lamp, Light Emitting Diode, Arc Lamp, and Gas Discharge Lamps.

By Application;

Commercial , Residential, and Government.

By Correlated Color Temperature;

2700K-3000K, 3500K – 4000K, 4000K- 5000K, 5000K-6500K, and More Than 6500K.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn139138951 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Energy Efficient Lighting Technology Market (USD Million), 2021 - 2031

In the year 2024, the Global Energy Efficient Lighting Technology Market was valued at USD 227,929.14 million. The size of this market is expected to increase to USD 395,722.43 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.2%.

The global energy-efficient lighting technology market is experiencing significant growth, driven by increasing awareness of environmental sustainability and the need for energy conservation. Energy-efficient lighting technologies, including LED, CFL, and OLED, offer substantial energy savings compared to traditional incandescent and halogen lighting. These technologies not only reduce electricity consumption but also lower greenhouse gas emissions, aligning with global efforts to combat climate change. The adoption of energy-efficient lighting is further encouraged by stringent government regulations and policies aimed at promoting energy efficiency and reducing carbon footprints.

Technological advancements in the energy-efficient lighting sector have also played a crucial role in market expansion. Innovations such as smart lighting systems, which integrate with IoT (Internet of Things) devices, allow for more precise control and automation of lighting, enhancing energy savings and user convenience. Additionally, the development of more efficient and cost-effective lighting solutions has made energy-efficient lighting more accessible to a broader range of consumers and industries. This has spurred demand across residential, commercial, and industrial sectors, further driving market growth.

The market is also bolstered by growing investments in infrastructure development and urbanization, particularly in emerging economies. As cities expand and modernize, there is an increasing need for energy-efficient lighting solutions to support sustainable urban development. Moreover, the rising trend of green building certifications and sustainable construction practices is propelling the demand for energy-efficient lighting. As a result, the global energy-efficient lighting technology market is poised for continued growth, supported by a combination of regulatory frameworks, technological advancements, and increasing consumer awareness of environmental issues.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Correlated Color Temperature
    4. Market Snapshot, By Region
  4. Global Energy Efficient Lighting Technology Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Energy efficiency regulations
        2. Cost savings on electricity
        3. Technological advancements
        4. Environmental sustainability
      2. Restraints
        1. Initial high costs of LED technology
        2. Lack of consumer awareness
        3. Regulatory compliance challenges
        4. Supply chain disruptions
      3. Opportunities
        1. Emerging markets
        2. Growth in smart city initiatives
        3. Increasing adoption in residential sector
        4. Demand for connected lighting solutions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Energy Efficient Lighting Technology Market, By Product Type, 2021 - 2031 (USD Million)
      1. Incandescent Lamp
      2. Light Emitting Diode
      3. Arc Lamp
      4. Gas Discharge Lamps
    2. Global Energy Efficient Lighting Technology Market, By Application, 2021 - 2031 (USD Million)
      1. Commercial
      2. Residential
      3. Government
    3. Global Energy Efficient Lighting Technology Market, By Correlated Color Temperature, 2021 - 2031 (USD Million)
      1. 2700K-3000K
      2. 3500K – 4000K
      3. 4000K- 5000K
      4. 5000K-6500K
      5. More Than 6500K
    4. Global Energy Efficient Lighting Technology Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Apple
      2. Bajaj Electricals Ltd
      3. Bridgelux Inc.
      4. Cooper Lighting
      5. Cree Inc.
      6. Digital Lumens, Inc.
      7. Eaton
      8. GE Lighting
      9. LIGMAN Lighting Co., Ltd
      10. Nichia Corporation
      11. Osram
      12. Royal Philips Electronics
      13. Toshiba Lighting & Technology Corporation
      14. Zumtobel Group AG
  7. Analyst Views
  8. Future Outlook of the Market