Lighting Fixtures Market By Product Type (Ceiling, Pendant and Chandelier Lighting Fixtures, Wall Mounted Market Lighting Fixtures, Recessed Market Lighting Fixtures, Portable Market Lighting Fixtures, High Bay and Low Bay Lighting Fixtures, Others); By Application (Industrial and Commercial, Residential, Outdoor, Architectural, Others); By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Market Analysis, Trends, Opportunity and Forecast, 2022-2032

Lighting Fixtures Market Highlights

Lighting Fixtures Market size was valued at USD 173.5 billion in 2022, and is projected to reach USD 192.5 billion by 2032, growing at a CAGR of 1.2% from 2022 to 2032.

Lighting Fixtures Market Growth Drivers & Barriers

The lighting fixtures market is driven by several factors, including:

Increased demand for energy-efficient lighting solutions: The rise in awareness about energy conservation and the need for more cost-effective lighting solutions has led to a surge in demand for energy-efficient lighting fixtures, such as LED lights.

Growing construction industry: The growth of the construction industry, particularly in emerging economies, is a major driver for the lighting fixtures market. New constructions, renovations, and refurbishments require the installation of lighting fixtures, driving demand for the market.

Technological advancements: The continuous development of new and innovative lighting technologies has led to the introduction of smart and connected lighting systems, further boosting the growth of the lighting fixtures market.

Increase in governmental support: Governments around the world are offering incentives and subsidies to encourage the adoption of energy-efficient lighting solutions, thereby driving the growth of the lighting fixtures market.

On the other hand, the growth of the lighting fixtures market is hindered by factors such as:

High initial costs: Despite their long-term cost-effectiveness, energy-efficient lighting fixtures, such as LED lights, tend to have a higher upfront cost compared to traditional lighting fixtures, making them less accessible to cost-conscious consumers.

Lack of standardization: The lack of a universal standard for smart and connected lighting systems is a major barrier to their widespread adoption and is hampering the growth of the lighting fixtures market.

Stringent regulations: The lighting fixtures market is subject to a number of regulations, such as safety and performance standards, which can increase the cost of production and make it difficult for small and medium-sized companies to enter the market.

Overall, the lighting fixtures market is expected to continue growing in the coming years, driven by increasing demand for energy-efficient and smart lighting solutions.

Lighting Fixtures Market Regional Synopsis and Outlook

In the terms of geography, the lighting fixtures market is analyzed into North America, Latin America, Asia Pacific, Europe and Middle East & Africa. Among these regions, Asia Pacific is slated to account for highest percentage of market share in overall lighting fixtures market during the forecast period. Europe lighting fixtures market accounted for second position in overall lighting fixtures market in 2017.

Lighting Fixtures Market Segmentation

The research offers a comprehensive analysis of lighting fixtures market with respect to following sub-markets:

By Product Type

- Ceiling, Pendant and Chandelier Lighting Fixtures
- Wall Mounted Market Lighting Fixtures
- Recessed Market Lighting Fixtures
- Portable Market Lighting Fixtures
- High Bay and Low Bay Lighting Fixtures
- Others

By Application

- Industrial and Commercial
- Residential
- Outdoor
- Architectural
- Others

By Geography

- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

Lighting Fixtures Market Top Major Market Players :-

The report profiles various major market players such as;

- Acuity Brands, Inc.
- Cooper Lighting, LLC
- General Electric Company
- Hubbell Lighting, Inc.
- Juno Lighting Group
- Koninklijke Philips N.V.
- LSI Industries Inc.
- OSRAM Licht AG
- Panasonic Corporation Eco Solution Company
- Zumtobel Lighting GmbH
- Others Major and Niche Players

Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as financial information, revenue breakup by segment and by geography, SWOT Analysis, risk analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development expansion and other market activities.
The study also provides company’s positioning and market share in lighting fixtures market.

Timeline Considered for Analysis:

- 2021: Base Year

- 2032: Estimated Year

- 2022 to 2032: Forecasted Year

Lighting Fixtures Market : Research Scope and Deliverables

• Overview & Executive Summary
• Market Drivers, Trends, Challenges and Opportunities
• Market Size and Forecast Projections
• Macroeconomic Indicators of Various Countries Impacting the Growth of the Market
• Extensive Coverage of Industry Players including Recent Product Launches and Market Activities
• Porter’s Five Force Analysis
• Market Segmentation Analysis:
• Industry report analyzes the global lighting fixtures market by the following segments: Product Type & Application.

Lighting Fixtures Market Frequently Asked Questions :

Here are some frequently asked questions about the lighting fixtures market:

Question : What is the size of the global lighting fixtures market?

Answer : The size of the global lighting fixtures market was valued at around USD 80 billion in 2020 and is expected to grow at a CAGR of around 7% from 2021 to 2028.

Question : What are the major segments of the lighting fixtures market?

Answer : The lighting fixtures market can be segmented into type (LED, fluorescent, incandescent, and others), application (residential, commercial, industrial, and others), and geography.

Question : What are the major drivers of the lighting fixtures market?

Answer : The major drivers of the lighting fixtures market include the growing demand for energy-efficient lighting solutions, the growth of the construction industry, technological advancements, and increase in governmental support.

Question : What are the major challenges faced by the lighting fixtures market?

Answer : The major challenges faced by the lighting fixtures market include high initial costs, lack of standardization, and stringent regulations.

Question : Who are the major players in the lighting fixtures market?

Answer : The major players in the lighting fixtures market include Philips Lighting, Osram Licht AG, GE Lighting, Zumtobel Group AG, and Hubbell Incorporated, among others.

Question : What are the major trends in the lighting fixtures market?

Answer : The major trends in the lighting fixtures market include the increasing demand for smart and connected lighting systems, the growing popularity of energy-efficient LED lights, and the rise of the circular economy in the lighting industry.

Research Methodology

Market Definition and List of Abbreviations

1. Executive Summary
2. Growth Drivers & Barriers in Global Lighting Fixtures Market
3. Global Lighting Fixtures Market Trends
4. Opportunities in Global Lighting Fixtures Market
5. Recent Industry Activities, 2019
6. Porter's Five Forces Analysis
7. Global Lighting Fixtures Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025

8. Global Lighting Fixtures Market Segmentation Analysis, By Product Type
8.1. Introduction
8.2. Market Attractiveness, By Product Type
8.3. BPS Analysis, By Product Type
8.4. Ceiling, Pendant and Chandelier Lighting Fixtures Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
8.5. Wall Mounted Market Lighting Fixtures Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
8.6. Recessed Market Lighting Fixtures Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
8.7. Portable Market Lighting Fixtures Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
8.8. High Bay and Low Bay Lighting Fixtures Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
8.9. Others Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025

9. Global Lighting Fixtures Market Segmentation Analysis, By Application
9.1. Introduction
9.2. Market Attractiveness, By Application
9.3. BPS Analysis, By Application
9.4. Industrial and Commercial Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
9.5. Residential Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
9.6. Outdoor Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
9.7. Architectural Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
9.8. Others Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025

10. Geographical Analysis
10.1. Introduction
10.2. North America Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.2.1. By Product Type
10.2.1.1. Introduction
10.2.1.2. Market Attractiveness, By Product Type
10.2.1.3. BPS Analysis, By Product Type
10.2.1.4. Ceiling, Pendant and Chandelier Lighting Fixtures
10.2.1.5. Wall Mounted Market Lighting Fixtures Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.2.1.6. Recessed Market Lighting Fixtures Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.2.1.7. Portable Market Lighting Fixtures Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.2.1.8. High Bay and Low Bay Lighting Fixtures Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.2.1.9. Others Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.2.2. By Application
10.2.2.1. Introduction
10.2.2.2. Market Attractiveness, By Application
10.2.2.3. BPS Analysis, By Application
10.2.2.4. Industrial and Commercial Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.2.2.5. Residential Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.2.2.6. Outdoor Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.2.2.7. Architectural Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.2.2.8. Others Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.2.3. By Country
10.2.3.1. Introduction
10.2.3.2. Market Attractiveness, By Country
10.2.3.3. BPS Analysis, By Country
10.2.3.4. U.S. Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.2.3.5. Canada Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025

10.3. Europe Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.3.1. By Product Type
10.3.1.1. Introduction
10.3.1.2. Market Attractiveness, By Product Type
10.3.1.3. BPS Analysis, By Product Type
10.3.1.4. Ceiling, Pendant and Chandelier Lighting Fixtures Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.3.1.5. Wall Mounted Market Lighting Fixtures Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.3.1.6. Recessed Market Lighting Fixtures Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.3.1.7. Portable Market Lighting Fixtures Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.3.1.8. High Bay and Low Bay Lighting Fixtures Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.3.1.9. Others Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.3.2. By Application
10.3.2.1. Introduction
10.3.2.2. Market Attractiveness, By Application
10.3.2.3. BPS Analysis, By Application
10.3.2.4. Industrial and Commercial Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.3.2.5. Residential Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.3.2.6. Outdoor Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.3.2.7. Architectural Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.3.2.8. Others Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.3.3. By Country
10.3.3.1. Introduction
10.3.3.2. Market Attractiveness, By Country
10.3.3.3. BPS Analysis, By Country
10.3.3.4. Germany Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.3.3.5. United Kingdom Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.3.3.6. France Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.3.3.7. Italy Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.3.3.8. Spain Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.3.3.9. Russia Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.3.3.10. Rest of Europe Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025

10.4. Asia Pacific Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.4.1. By Product Type
10.4.1.1. Introduction
10.4.1.2. Market Attractiveness, By Product Type
10.4.1.3. BPS Analysis, By Product Type
10.4.1.4. Ceiling, Pendant and Chandelier Lighting Fixtures Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.4.1.5. Wall Mounted Market Lighting Fixtures Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.4.1.6. Recessed Market Lighting Fixtures Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.4.1.7. Portable Market Lighting Fixtures Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.4.1.8. High Bay and Low Bay Lighting Fixtures Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.4.1.9. Others Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.4.2. By Application
10.4.2.1. Introduction
10.4.2.2. Market Attractiveness, By Application
10.4.2.3. BPS Analysis, By Application
10.4.2.4. Industrial and Commercial Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.4.2.5. Residential Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.4.2.6. Outdoor Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.4.2.7. Architectural Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.4.2.8. Others Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.4.3. By Country
10.4.3.1. Introduction
10.4.3.2. Market Attractiveness, By Country
10.4.3.3. BPS Analysis, By Country
10.4.3.4. China Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.4.3.5. India Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.4.3.6. Japan Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.4.3.7. South Korea Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.4.3.8. Indonesia Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.4.3.9. Taiwan Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.4.3.10. Australia Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.4.3.11. New Zealand Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.4.3.12. Rest of Asia Pacific Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025

10.5. Latin America Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.5.1. By Product Type
10.5.1.1. Introduction
10.5.1.2. Market Attractiveness, By Product Type
10.5.1.3. BPS Analysis, By Product Type
10.5.1.4. Ceiling, Pendant and Chandelier Lighting Fixtures Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.5.1.5. Wall Mounted Market Lighting Fixtures Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.5.1.6. Recessed Market Lighting Fixtures Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.5.1.7. Portable Market Lighting Fixtures Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.5.1.8. High Bay and Low Bay Lighting Fixtures Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.5.1.9. Others Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.5.2. By Application
10.5.2.1. Introduction
10.5.2.2. Market Attractiveness, By Application
10.5.2.3. BPS Analysis, By Application
10.5.2.4. Industrial and Commercial Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.5.2.5. Residential Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.5.2.6. Outdoor Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.5.2.7. Architectural Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.5.2.8. Others Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.5.3. By Country
10.5.3.1. Introduction
10.5.3.2. Market Attractiveness, By Country
10.5.3.3. BPS Analysis, By Country
10.5.3.4. Brazil Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.5.3.5. Mexico Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.5.3.6. Rest of Latin America Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025

10.6. Middle East & Africa Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.6.1. By Product Type
10.6.1.1. Introduction
10.6.1.2. Market Attractiveness, By Product Type
10.6.1.3. BPS Analysis, By Product Type
10.6.1.4. Ceiling, Pendant and Chandelier Lighting Fixtures Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.6.1.5. Wall Mounted Market Lighting Fixtures Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.6.1.6. Recessed Market Lighting Fixtures Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.6.1.7. Portable Market Lighting Fixtures Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.6.1.8. High Bay and Low Bay Lighting Fixtures Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.6.1.9. Others Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.6.2. By Application
10.6.2.1. Introduction
10.6.2.2. Market Attractiveness, By Application
10.6.2.3. BPS Analysis, By Application
10.6.2.4. Industrial and Commercial Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.6.2.5. Residential Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.6.2.6. Outdoor Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.6.2.7. Architectural Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.6.2.8. Others Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.6.3. By Geography
10.6.3.1. Introduction
10.6.3.2. Market Attractiveness, By Geography
10.6.3.3. BPS Analysis, By Geography
10.6.3.4. GCC Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.6.3.5. North Africa Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.6.3.6. South Africa Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.6.3.7. Rest of Middle East & Africa Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2019-2025

11. Competitive Landscape
11.1. Market Share of Key Players
11.2. Market Positioning of Major Players in Global Lighting Fixtures Market
11.3. Company Profiles
11.3.1. Acuity Brands, Inc.
11.3.2. Cooper Lighting, LLC
11.3.3. General Electric Company
11.3.4. Hubbell Lighting, Inc.
11.3.5. Juno Lighting Group
11.3.6. Koninklijke Philips N.V.
11.3.7. LSI Industries Inc.
11.3.8. OSRAM Licht AG
11.3.9. Panasonic Corporation Eco Solution Company
11.3.10. Zumtobel Lighting GmbH
11.3.11. Other Major & Niche Players