Global Fluorescent Lighting Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Compact Fluorescent Lamp, Linear Fluorescent Lamp, and Cold Cathode Fluorescent Lamp.

By Offering;

Hardware and Software.

By Installation;

Retrofit and New Installation.

By Application;

Outdoor Lighting, Commercial Lighting, Residential Lighting, and Industrial Lighting.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn140957630 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Fluorescent Lighting Market (USD Million), 2021 - 2031

In the year 2024, the Global Fluorescent Lighting Market was valued at USD 8,701.85 million. The size of this market is expected to increase to USD 17,615.59 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.6%.

The global fluorescent lighting market has been a cornerstone of the lighting industry for decades, renowned for its energy efficiency and versatility across various applications. Fluorescent lighting technology revolutionized the way we illuminate indoor spaces, offering a more efficient alternative to traditional incandescent bulbs. Since its inception, fluorescent lighting has evolved significantly, adapting to changing environmental regulations, technological advancements, and consumer preferences.

Initially embraced for its ability to provide bright, uniform light while consuming significantly less energy than incandescent bulbs, fluorescent lighting quickly became a staple in commercial, industrial, and residential settings worldwide. Its adoption was further propelled by the growing emphasis on energy conservation and sustainability, as fluorescent bulbs offered a way to reduce electricity consumption and carbon footprints.

The market's growth has been driven by continual innovations in technology, leading to improvements in light quality, lifespan, and energy efficiency. Compact fluorescent lamps (CFLs) represented a significant advancement, offering a more compact form factor that could fit into standard incandescent bulb sockets while providing comparable light output with even greater energy savings.

The market dynamics have been influenced by the emergence of LED technology, which has posed a formidable challenge to fluorescent lighting. LEDs offer even greater energy efficiency, longer lifespans, and enhanced design flexibility compared to fluorescent bulbs. This competition has spurred further innovation within the fluorescent lighting sector, pushing manufacturers to develop more advanced products that cater to specific niche markets or applications where fluorescent technology still holds advantages.

Despite facing competition from LEDs, fluorescent lighting continues to maintain a substantial market presence, particularly in commercial and institutional settings where large-scale lighting solutions are required. Retrofitting existing fluorescent fixtures with more energy-efficient options remains a cost-effective strategy for many businesses and organizations looking to reduce operational costs and improve sustainability.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Offering
    3. Market Snapshot, By Installation
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Global Fluorescent Lighting Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Cost-effectiveness

        2. Retrofitting existing installations

        3. Environmental Regulations

        4. Industrial and Commercial Demand

      2. Restraints
        1. Phasing out due to environmental concerns

        2. Competition from LED lighting

        3. Mercury content concerns

        4. Consumer shift towards sustainable alternatives

      3. Opportunities
        1. Innovations in fluorescent tube design

        2. Customization for specific applications

        3. Government incentives and rebates

        4. Collaboration for sustainable practices

    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 Fluorescent Lighting Market, By Type, 2021 - 2031 (USD Million)
      1. Compact Fluorescent Lamp
      2. Linear Fluorescent Lamp
      3. Cold Cathode Fluorescent Lamp
    2. Global Fluorescent Lighting Market, By Offering, 2021 - 2031 (USD Million)
      1. Hardware
      2. Software
    3. Global Fluorescent Lighting Market, By Installation, 2021 - 2031 (USD Million)
      1. Retrofit
      2. New Installation
    4. Global Fluorescent Lighting Market, By Application, 2021 - 2031 (USD Million)
      1. Outdoor Lighting
      2. Commercial Lighting
      3. Residential Lighting
      4. Industrial Lighting
    5. Global Fluorescent Lighting 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 ASEAN (Association of South East Asian Countries)
        6. 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. Philips Lighting (Signify)
      2. Osram Licht AG
      3. GE Lighting (a division of General Electric)
      4. Panasonic Corporation
      5. Sylvania (a division of LEDVANCE)
      6. Havells Sylvania
      7. Eaton Corporation
      8. Acuity Brands
      9. Toshiba Lighting & Technology Corporation
      10. Feilo Sylvania
  7. Analyst Views
  8. Future Outlook of the Market