Energy Efficient Lamps Market – Global Industry Analysis & Forecast 2023-2029

Energy Efficient Lamps Market is expected to reach US$ 439.26 Bn by 2029 from US$ 241.84 Bn in 2022 at a CAGR of 8.9% during the forecast period. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region. Energy Efficient Lamps MarketTo know about the Research Methodology :- Request Free Sample Report

Energy Efficient Lamps Market Overview:

The fast reduction of natural resources & global warming has produced a crucial requirement for energy conservation across the world. In 2022, lighting applications were projected to account for more than 20% of total energy consumption. There is an instant requirement to decrease this energy consumption, & governments across the world are focusing on the application of constructive policies to endorse the usage of energy-efficient lighting products. The field of lighting has witnessed marvelous developments in the past few years, especially in the region of solid state lighting and compact fluorescent lamps (CFL). The traditional incandescent bulbs market is anticipated to be out-dated with the onset of CFL and LEDs. Governments & Organizations across the world are working on the lines of decreasing the energy consumption & running charges for lighting solutions. Energy Efficient Lamps when compared to their counterparts, like incandescent lamps, are technically progressive and efficient in terms of energy consumption, luminous intensity, efficacy which is driving the growth of Energy Efficient Lamps Market. Energy efficient lamps market is segmented by Technology, Application, and Geography. LED is expected to grow at highest CAGR during the forecast period. LED has high lasting power than fluorescent and HID lighting. Lasting power of LED light bulbs is 50,000 hours twice of fluorescents & four to six times than incandescent. One of the benefits about LED lights is it does not get hot when in use. Energy efficient lamps market for the automotive lighting segment will grow at maximum rate during the forecast period owing to the high adoption of energy efficient lamps technology in vehicles which have benefits like high efficiency and long battery life. The Asia Pacific is expected to hold maximum number market share during the forecast period. Japan, China, and South Korea are prominent contributors to the growth of this Energy Efficient Lamps Market due to main investments in the latest lighting technologies. However, the market in Latin America is expected to grow at significant rate of 18.8% from 2022-2029. Government policies played a significant role in the development of the energy efficient lighting market. Some of the key players in the energy efficient lamps market are Dialight, LIGMAN Lighting Co., Ltd., Philips Lighting Holding B.V., Digital Lumens, Inc., OSRAM GmbH, Cree, Inc., Eaton, General Electric Company, Toshiba Lighting & Technology Corporation, Zumtobel Group AG, and Bajaj Electricals Ltd.

The scope of the Energy Efficient Lamps Market: Inquire before Buying

Energy Efficient Lamps Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2017 to 2022 Market Size in 2022: US$ 241.84 Bn.
Forecast Period 2023 to 2029 CAGR: 8.9% Market Size in 2029: US$ 439.26 Bn.
Segments Covered: by Technology • LED • HID Lighting • Fluorescent Lighting • Others
by Application • General Lighting • Backlighting • Automotive Lighting • Medical Lighting

Energy Efficient Lamps Market, by Region

North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)

Key Players of Energy Efficient Lamps Market:

• Osram Licht AG • Royal Philips Electronics N.V. • Seoul Semiconductor Co., Ltd. • General Electric Company • Nichia Corporation • Aixtron Se • Bridgelux, Inc. • Cree, Inc. • Acuity Brands Lighting, Inc. • Advanced Lighting Technologies, Inc. • Energy Focus, Inc. • Intematix Corporation • LED Engin, Inc. • Toyoda Gosei Co., Ltd. • TCP International Holdings Ltd. • Bright Light Systems • Havells • Panasonic • Applied Science and Technology Research Institute • Toyoda Gosei • Ceravision Frequently Asked Questions: 1. Which region has the largest share in Global Energy Efficient Lamps Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Energy Efficient Lamps Market? Ans: The Global Energy Efficient Lamps Market is growing at a CAGR of 8.9% during forecasting period 2023-2029. 3. What is scope of the Global Energy Efficient Lamps Market report? Ans: Global Energy Efficient Lamps Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Energy Efficient Lamps Market? Ans: The important key players in the Global Energy Efficient Lamps Market are – Osram Licht AG, Royal Philips Electronics N.V., Seoul Semiconductor Co., Ltd., General Electric Company, Nichia Corporation, Aixtron Se, Bridgelux, Inc., Cree, Inc., Acuity Brands Lighting, Inc., Advanced Lighting Technologies, Inc., Energy Focus, Inc., Intematix Corporation, LED Engin, Inc., Toyoda Gosei Co., Ltd., TCP International Holdings Ltd., Bright Light Systems, Havells, Panasonic, Applied Science and Technology Research Institute, Toyoda Gosei, Ceravision. 5. What is the study period of this Market? Ans: The Global Energy Efficient Lamps Market is studied from 2022 to 2029.

Global Energy Efficient Lamps Market

1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 1.4. Key Questions Answered 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations Used 2.3. Research Methodology 3. Executive Summary 3.1. Global Energy Efficient Lamps Market Size, by Market Value (US$ Bn) and Market, by Region 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.3. Drivers and Restraints Snapshot Analysis 4.3.1. Drivers 4.3.2. Restraints 4.3.3. Opportunities 4.3.4. Porter’s Analysis 4.3.5. Value Chain Analysis 4.3.6. SWOT Analysis 5. Global Energy Efficient Lamps Market Analysis and Forecast 5.1. Global Energy Efficient Lamps Market Analysis and Forecast 5.2. Global Energy Efficient Lamps Market Size& Y-o-Y Growth Analysis 5.2.1. North America 5.2.2. Europe 5.2.3. Asia Pacific 5.2.4. Middle East & Africa 5.2.5. Latin America 6. Global Energy Efficient Lamps Market Analysis and Forecast, by Technology 6.1. Introduction and Definition 6.2. Key Findings 6.3. Global Energy Efficient Lamps Market Value Share Analysis, by Technology 6.4. Market Size (US$ Bn) Forecast, by Technology 6.5. Global Energy Efficient Lamps Market Analysis, by Technology 6.6. Energy Efficient Lamps Market Attractiveness Analysis, by Technology 7. Global Energy Efficient Lamps Market Analysis and Forecast, by Application 7.1. Introduction and Definition 7.2. Global Energy Efficient Lamps Market Value Share Analysis, by Application 7.3. Market Size (US$ Bn) Forecast, by Application 7.4. Global Energy Efficient Lamps Market Analysis, by Application 7.5. Global Energy Efficient Lamps Market Attractiveness Analysis, by Application 8. Global Energy Efficient Lamps Market Analysis, by Region 8.1. Global Energy Efficient Lamps Market Value Share Analysis, by Region 8.2. Market Size (US$ Bn) Forecast, by Region 8.3. Global Energy Efficient Lamps Market Attractiveness Analysis, by Region 9. North America Energy Efficient Lamps Market Analysis 9.1. Key Findings 9.2. North America Energy Efficient Lamps Market Overview 9.3. North America Energy Efficient Lamps Market Value Share Analysis, by Technology 9.4. North America Energy Efficient Lamps Market Forecast, by Technology 9.4.1. LED 9.4.2. HID Lighting 9.4.3. Fluorescent Lighting 9.4.4. Others 9.5. North America Energy Efficient Lamps Market Value Share Analysis, by Application 9.6. North America Energy Efficient Lamps Market Forecast, by Application 9.6.1. General Lighting 9.6.2. Backlighting 9.6.3. Automotive Lighting 9.6.4. Medical Lighting 9.7. North America Energy Efficient Lamps Market Value Share Analysis, by Country 9.8. North America Energy Efficient Lamps Market Forecast, by Country 9.8.1. U.S. 9.8.2. Canada 9.9. North America Energy Efficient Lamps Market Analysis, by Country 9.10. U.S. Energy Efficient Lamps Market Forecast, by Technology 9.10.1. LED 9.10.2. HID Lighting 9.10.3. Fluorescent Lighting 9.10.4. Others 9.11. U.S. Energy Efficient Lamps Market Forecast, by Application 9.11.1. General Lighting 9.11.2. Backlighting 9.11.3. Automotive Lighting 9.11.4. Medical Lighting 9.12. Canada Energy Efficient Lamps Market Forecast, by Technology 9.12.1. LED 9.12.2. HID Lighting 9.12.3. Fluorescent Lighting 9.12.4. Others 9.13. Canada Energy Efficient Lamps Market Forecast, by Application 9.13.1. General Lighting 9.13.2. Backlighting 9.13.3. Automotive Lighting 9.13.4. Medical Lighting 9.14. North America Energy Efficient Lamps Market Attractiveness Analysis 9.14.1. By Technology 9.14.2. By Application 9.15. PEST Analysis 10. Europe Energy Efficient Lamps Market Analysis 10.1. Key Findings 10.2. Europe Energy Efficient Lamps Market Overview 10.3. Europe Energy Efficient Lamps Market Value Share Analysis, by Technology 10.4. Europe Energy Efficient Lamps Market Forecast, by Technology 10.4.1. LED 10.4.2. HID Lighting 10.4.3. Fluorescent Lighting 10.4.4. Others 10.5. Europe Energy Efficient Lamps Market Value Share Analysis, by Application 10.6. Europe Energy Efficient Lamps Market Forecast, by Application 10.6.1. General Lighting 10.6.2. Backlighting 10.6.3. Automotive Lighting 10.6.4. Medical Lighting 10.7. Europe Energy Efficient Lamps Market Value Share Analysis, by Country 10.8. Europe Energy Efficient Lamps Market Forecast, by Country 10.8.1.1. Germany 10.8.1.2. U.K. 10.8.1.3. France 10.8.1.4. Italy 10.8.1.5. Spain 10.8.1.6. Rest of Europe 10.9. Europe Energy Efficient Lamps Market Analysis, by Country/ Sub-region 10.10. Germany Energy Efficient Lamps Market Forecast, by Technology 10.10.1. LED 10.10.2. HID Lighting 10.10.3. Fluorescent Lighting 10.10.4. Others 10.11. Germany Energy Efficient Lamps Market Forecast, by Application 10.11.1. General Lighting 10.11.2. Backlighting 10.11.3. Automotive Lighting 10.11.4. Medical Lighting 10.12. U.K. Energy Efficient Lamps Market Forecast, by Technology 10.12.1. LED 10.12.2. HID Lighting 10.12.3. Fluorescent Lighting 10.12.4. Others 10.13. U.K. Energy Efficient Lamps Market Forecast, by Application 10.13.1. General Lighting 10.13.2. Backlighting 10.13.3. Automotive Lighting 10.13.4. Medical Lighting 10.14. France Energy Efficient Lamps Market Forecast, by Technology 10.14.1. LED 10.14.2. HID Lighting 10.14.3. Fluorescent Lighting 10.14.4. Others 10.15. France Energy Efficient Lamps Market Forecast, by Application 10.15.1. General Lighting 10.15.2. Backlighting 10.15.3. Automotive Lighting 10.15.4. Medical Lighting 10.16. Italy Energy Efficient Lamps Market Forecast, by Technology 10.16.1. LED 10.16.2. HID Lighting 10.16.3. Fluorescent Lighting 10.16.4. Others 10.17. Italy Energy Efficient Lamps Market Forecast, by Application 10.17.1. General Lighting 10.17.2. Backlighting 10.17.3. Automotive Lighting 10.17.4. Medical Lighting 10.18. Spain Energy Efficient Lamps Market Forecast, by Technology 10.18.1. LED 10.18.2. HID Lighting 10.18.3. Fluorescent Lighting 10.18.4. Others 10.19. Spain Energy Efficient Lamps Market Forecast, by Application 10.19.1. General Lighting 10.19.2. Backlighting 10.19.3. Automotive Lighting 10.19.4. Medical Lighting 10.20. Rest of Europe Energy Efficient Lamps Market Forecast, by Technology 10.20.1. LED 10.20.2. HID Lighting 10.20.3. Fluorescent Lighting 10.20.4. Others 10.21. Rest of Europe Energy Efficient Lamps Market Forecast, by Application 10.21.1. General Lighting 10.21.2. Backlighting 10.21.3. Automotive Lighting 10.21.4. Medical Lighting 10.22. Europe Energy Efficient Lamps Market Attractiveness Analysis 10.22.1. By Technology 10.22.2. By Application 10.23. PEST Analysis 11. Asia Pacific Energy Efficient Lamps Market Analysis 11.1. Key Findings 11.2. Asia Pacific Energy Efficient Lamps Market Overview 11.3. Asia Pacific Energy Efficient Lamps Market Value Share Analysis, by Technology 11.4. Asia Pacific Energy Efficient Lamps Market Forecast, by Technology 11.4.1. LED 11.4.2. HID Lighting 11.4.3. Fluorescent Lighting 11.4.4. Others 11.5. Asia Pacific Energy Efficient Lamps Market Value Share Analysis, by Application 11.6. Asia Pacific Energy Efficient Lamps Market Forecast, by Application 11.6.1. General Lighting 11.6.2. Backlighting 11.6.3. Automotive Lighting 11.6.4. Medical Lighting 11.7. Asia Pacific Energy Efficient Lamps Market Value Share Analysis, by Country 11.8. Asia Pacific Energy Efficient Lamps Market Forecast, by Country 11.8.1. China 11.8.2. India 11.8.3. Japan 11.8.4. ASEAN 11.8.5. Rest of Asia Pacific 11.9. Asia Pacific Energy Efficient Lamps Market Analysis, by Country/ Sub-region 11.10. China Energy Efficient Lamps Market Forecast, by Technology 11.10.1. LED 11.10.2. HID Lighting 11.10.3. Fluorescent Lighting 11.10.4. Others 11.11. China Energy Efficient Lamps Market Forecast, by Application 11.11.1. General Lighting 11.11.2. Backlighting 11.11.3. Automotive Lighting 11.11.4. Medical Lighting 11.12. India Energy Efficient Lamps Market Forecast, by Technology 11.12.1. LED 11.12.2. HID Lighting 11.12.3. Fluorescent Lighting 11.12.4. Others 11.13. India Energy Efficient Lamps Market Forecast, by Application 11.13.1. General Lighting 11.13.2. Backlighting 11.13.3. Automotive Lighting 11.13.4. Medical Lighting 11.14. Japan Energy Efficient Lamps Market Forecast, by Technology 11.14.1. LED 11.14.2. HID Lighting 11.14.3. Fluorescent Lighting 11.14.4. Others 11.15. Japan Energy Efficient Lamps Market Forecast, by Application 11.15.1. General Lighting 11.15.2. Backlighting 11.15.3. Automotive Lighting 11.15.4. Medical Lighting 11.16. ASEAN Energy Efficient Lamps Market Forecast, by Technology 11.16.1. LED 11.16.2. HID Lighting 11.16.3. Fluorescent Lighting 11.16.4. Others 11.17. ASEAN Energy Efficient Lamps Market Forecast, by Application 11.17.1. General Lighting 11.17.2. Backlighting 11.17.3. Automotive Lighting 11.17.4. Medical Lighting 11.18. Rest of Asia Pacific Energy Efficient Lamps Market Forecast, by Technology 11.18.1. LED 11.18.2. HID Lighting 11.18.3. Fluorescent Lighting 11.18.4. Others 11.19. Rest of Asia Pacific Energy Efficient Lamps Market Forecast, by Application 11.19.1. General Lighting 11.19.2. Backlighting 11.19.3. Automotive Lighting 11.19.4. Medical Lighting 11.20. Asia Pacific Energy Efficient Lamps Market Attractiveness Analysis 11.20.1. By Technology 11.20.2. By Application 11.21. PEST Analysis 12. Middle East & Africa Energy Efficient Lamps Market Analysis 12.1. Key Findings 12.2. Middle East & Africa Energy Efficient Lamps Market Overview 12.3. Middle East & Africa Energy Efficient Lamps Market Value Share Analysis, by Technology 12.4. Middle East & Africa Energy Efficient Lamps Market Forecast, by Technology 12.4.1. LED 12.4.2. HID Lighting 12.4.3. Fluorescent Lighting 12.4.4. Others 12.5. Middle East & Africa Energy Efficient Lamps Market Value Share Analysis, by Application 12.6. Middle East & Africa Energy Efficient Lamps Market Forecast, by Application 12.6.1. General Lighting 12.6.2. Backlighting 12.6.3. Automotive Lighting 12.6.4. Medical Lighting 12.7. Middle East & Africa Energy Efficient Lamps Market Value Share Analysis, by Country 12.8. Middle East & Africa Energy Efficient Lamps Market Forecast, by Country 12.8.1. GCC 12.8.2. South Africa 12.8.3. Rest of Middle East & Africa 12.9. Middle East & Africa Energy Efficient Lamps Market Analysis, by Country/ Sub-region 12.10. GCC Energy Efficient Lamps Market Forecast, by Technology 12.10.1. LED 12.10.2. HID Lighting 12.10.3. Fluorescent Lighting 12.10.4. Others 12.11. GCC Energy Efficient Lamps Market Forecast, by Application 12.11.1. General Lighting 12.11.2. Backlighting 12.11.3. Automotive Lighting 12.11.4. Medical Lighting 12.12. South Africa Energy Efficient Lamps Market Forecast, by Technology 12.12.1. LED 12.12.2. HID Lighting 12.12.3. Fluorescent Lighting 12.12.4. Others 12.13. South Africa Energy Efficient Lamps Market Forecast, by Application 12.13.1. General Lighting 12.13.2. Backlighting 12.13.3. Automotive Lighting 12.13.4. Medical Lighting 12.14. Rest of Middle East & Africa Energy Efficient Lamps Market Forecast, by Technology 12.14.1. LED 12.14.2. HID Lighting 12.14.3. Fluorescent Lighting 12.14.4. Others 12.15. Rest of Middle East & Africa Energy Efficient Lamps Market Forecast, by Application 12.15.1. General Lighting 12.15.2. Backlighting 12.15.3. Automotive Lighting 12.15.4. Medical Lighting 12.16. Middle East & Africa Energy Efficient Lamps Market Attractiveness Analysis 12.16.1. By Technology 12.16.2. By Application 12.17. PEST Analysis 13. Latin America Energy Efficient Lamps Market Analysis 13.1. Key Findings 13.2. Latin America Energy Efficient Lamps Market Overview 13.3. Latin America Energy Efficient Lamps Market Value Share Analysis, by Technology 13.4. Latin America Energy Efficient Lamps Market Forecast, by Technology 13.4.1. LED 13.4.2. HID Lighting 13.4.3. Fluorescent Lighting 13.4.4. Others 13.5. Latin America Energy Efficient Lamps Market Value Share Analysis, by Application 13.6. Latin America Energy Efficient Lamps Market Forecast, by Application 13.6.1. General Lighting 13.6.2. Backlighting 13.6.3. Automotive Lighting 13.6.4. Medical Lighting 13.7. Latin America Energy Efficient Lamps Market Value Share Analysis, by Country 13.8. Latin America Energy Efficient Lamps Market Forecast, by Country 13.8.1. Brazil 13.8.2. Mexico 13.8.3. Rest of Latin America 13.9. Latin America Energy Efficient Lamps Market Analysis, by Country/ Sub-region 13.10. Brazil Energy Efficient Lamps Market Forecast, by Technology 13.10.1. LED 13.10.2. HID Lighting 13.10.3. Fluorescent Lighting 13.10.4. Others 13.11. Brazil Energy Efficient Lamps Market Forecast, by Application 13.11.1. General Lighting 13.11.2. Backlighting 13.11.3. Automotive Lighting 13.11.4. Medical Lighting 13.12. Mexico Energy Efficient Lamps Market Forecast, by Technology 13.12.1. LED 13.12.2. HID Lighting 13.12.3. Fluorescent Lighting 13.12.4. Others 13.13. Mexico Energy Efficient Lamps Market Forecast, by Application 13.13.1. General Lighting 13.13.2. Backlighting 13.13.3. Automotive Lighting 13.13.4. Medical Lighting 13.14. Rest of Latin America Energy Efficient Lamps Market Forecast, by Technology 13.14.1. LED 13.14.2. HID Lighting 13.14.3. Fluorescent Lighting 13.14.4. Others 13.15. Rest of Latin America Energy Efficient Lamps Market Forecast, by Application 13.15.1. General Lighting 13.15.2. Backlighting 13.15.3. Automotive Lighting 13.15.4. Medical Lighting 13.16. Latin America Energy Efficient Lamps Market Attractiveness Analysis 13.16.1. By Technology 13.16.2. By Application 13.17. PEST Analysis 14. Company Profiles 14.1. Market Share Analysis, by Company 14.2. Competition Matrix 14.3. Company Profiles: Key Players 14.3.1. Osram Licht AG 14.3.1.1. Company Overview 14.3.1.2. Financial Overview 14.3.1.3. Business Strategy 14.3.1.4. Recent Developments 14.3.1.5. Manufacturing Footprint 14.3.2. Royal Philips Electronics N.V. 14.3.3. Seoul Semiconductor Co., Ltd. 14.3.4. General Electric Company 14.3.5. Nichia Corporation 14.3.6. Aixtron Se 14.3.7. Bridgelux, Inc. 14.3.8. Cree, Inc. 14.3.9. Acuity Brands Lighting, Inc. 14.3.10. Advanced Lighting Technologies, Inc. 14.3.11. Energy Focus, Inc. 14.3.12. Intematix Corporation 14.3.13. LED Engin, Inc. 14.3.14. Toyoda Gosei Co., Ltd. 14.3.15. TCP International Holdings Ltd. 14.3.16. Bright Light Systems 14.3.17. Havells 14.3.18. Panasonic 14.3.19. Applied Science and Technology Research Institute 14.3.20. Toyoda Gosei 14.3.21. Ceravision 15. Primary Key Insights
  • INQUIRE BEFORE BUYING