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

By Product;

LED lighting and Traditional lighting.

By Application;

Residential, Commercial, Outdoor, Industrial, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn962309228 Published Date: March, 2025 Updated Date: April, 2025

Introduction

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

In the year 2024, the Global General Lighting Market was valued at USD 114,469.23 million. The size of this market is expected to increase to USD 146,624.66 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.6%.

The global general lighting market represents a vast and dynamic sector at the heart of modern infrastructure and everyday life. As societies continue to urbanize and industrialize, the demand for efficient, reliable, and aesthetically pleasing lighting solutions has grown exponentially. This market encompasses a broad array of technologies and applications, from traditional incandescent bulbs to cutting-edge LED systems and beyond, reflecting ongoing advancements in materials science, electronics, and sustainable design.

General lighting serves not only practical purposes but also plays a crucial role in shaping environments, enhancing safety, and influencing human well-being. Illumination is integral to architecture, interior design, and urban planning, influencing how spaces are perceived and utilized. Moreover, the shift towards energy-efficient solutions, driven by environmental concerns and regulatory standards, has spurred innovation and competition within the industry.

Key factors driving the market include rapid urbanization in emerging economies, where infrastructural development necessitates extensive lighting installations. Additionally, the push towards smart technologies, including Internet of Things (IoT) integration and automation, has transformed traditional lighting into a component of larger interconnected systems, offering enhanced control, energy savings, and data analytics capabilities.

On a global scale, the general lighting market is characterized by a diverse ecosystem of manufacturers, suppliers, and service providers. Major players range from multinational conglomerates to specialized firms focusing on niche segments such as architectural lighting or industrial applications. Market dynamics are influenced by technological breakthroughs, regulatory policies, economic trends, and shifting consumer preferences, necessitating agility and innovation among industry participants.

The trajectory of the general lighting market is poised for continued evolution. Emerging technologies such as OLED (Organic Light-Emitting Diode) and connected lighting solutions promise further disruption and expansion. Sustainable practices, including the adoption of recyclable materials and lifecycle assessments, will likely become increasingly central to corporate strategies and consumer choices alike.

  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
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Tire Curing Press Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Government Regulations

        2. Retrofitting Complexity

        3. Environmental Awareness

        4. Cost Reduction

      2. Restraints
        1. High Initial Costs

        2. Market Saturation

        3. Geopolitical Factors

        4. Consumer Awareness

      3. Opportunities
        1. Smart Lighting Solutions

        2. Customization and Personalization

        3. Health and Wellness

        4. Infrastructure Development

    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 Tire Curing Press Market, By Product, 2021 - 2031 (USD Million)
      1. LED lighting
      2. Traditional lighting
    2. Global Tire Curing Press Market, By Application, 2021 - 2031 (USD Million)
      1. Residential
      2. Commercial
      3. Outdoor
      4. Industrial
      5. Others
    3. Global Tire Curing Press 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. GE Lighting (U.S.)
      2. Koninklijke Philips N.V. (Netherlands)
      3. Panasonic Corporation (Japan)
      4. OSRAM Licht AG (Germany)
      5. Schneider Electric SE (France)
      6. Cree, Inc. (U.S.)
      7. CITIZEN ELECTRONICS CO., LTD. (Japan)
      8. Lumerica (Canada)
      9. Havells India Ltd. (India)
      10. LEDtronics, Inc. (U.S.)
      11. Patriot LED (U.S.)
      12. Acuity Brands, Inc. (U.S.)
      13. OSRAM
      14. Continental AG
      15. Acuity Brands, Inc.
      16. Microsoft
      17. Signify
      18. Upciti
  7. Analyst Views
  8. Future Outlook of the Market