Global Lighting Product Market size was valued at USD 123.08 Bn in 2023 and is expected to reach USD 166.51 Bn by 2030, at a CAGR of 3.82 %.Overview
LEDs with high intensity give high light output and they consume very little power. Ceiling Fixtures, Recessed Lighting Fixture, Strip Light Fixture, and Others (Chandeliers, Pendants, etc.) are the types of lighting fixture. Residential Lighting, Table Lamp, Floor Lamp, Desk Lamp, Commercial Lighting, Industrial Lighting, and Outdoor Lighting (Street Lights, Parking Garage, Landscape, etc.) and others are the applications of the lighting product. LED Tubes & Bulbs, T8 LED tubes & bulbs, and Others (Incandescent, High Intensity Discharge) are the types of the lighting product. The lighting product market growth is driven by several key factors. Technological advancements like LED and smart lighting, which offer energy efficiency and remote control, are major contributors. Government regulations and incentives for energy-efficient solutions further boost demand. Increasing environmental awareness pushes consumers towards sustainable lighting. Urbanization and infrastructure projects, particularly smart city initiatives, require modern lighting solutions. The decreasing cost of LEDs makes them accessible to more consumers. Changing consumer preferences for aesthetically pleasing, functional, and health-benefiting lighting solutions also drive growth. Additionally, integration with renewable energy sources and advancements in lighting controls enhance energy savings and convenience, supporting market growth. These drivers collectively ensure the lighting market's robust growth.To know about the Research Methodology :- Request Free Sample Report
Lighting Product Market Dynamics
The Rapid Evolution of LED Technology Propels the Lighting Product Market Advancements in LED technology is a pivotal growth driver for the lighting product market. LEDs have undergone significant improvements in efficiency, longevity and cost-effectiveness, making them the preferred choice for residential, commercial, and industrial lighting applications. Innovations such as tunable white LEDs and smart lighting solutions, which allow users to adjust color temperature and brightness, enhance the appeal of LED products. The trajectory of lighting has always been guided by innovation and LED light technology stands at the forefront of this evolution. LED lighting is no longer just about energy efficiency and longevity it's about pioneering designs, smarter integrations and transformative experiences. The ascent of LED light technology in commercial environments overnight phenomenon. It was a carefully orchestrated confluence of technological innovations, market demands and environmental considerations that paved the way for LEDs to become the preferred choice. Today’s LED technology is used extensively for commercial, industrial, and residential applications. LEDs’ capabilities have increased across the board increases in lifespan, increases in brightness (performance), and increases in energy efficiency. The greatly expanded use of LED technology has led to the development of warranties, industry best practices, and the introduction of government programs and standards. The integration of LEDs with IoT devices enables intelligent lighting systems that is controlled remotely, contributing to energy savings and user convenience. Governments worldwide are also incentivizing the switch to LED lighting through regulations and subsidies, promoting sustainability and reducing energy consumption. The global push towards green building standards and eco-friendly practices further fuels the demand for advanced LED lighting solutions, ensuring continuous market growth. As LED technology continues to evolve, offering better performance and new functionalities, it is set to dominate the Lighting Product Market, driving substantial growth and innovation. Recent advancements in LED technology have revolutionized the lighting industry with improved efficiency, smart capabilities, and enhanced light quality. Innovations like quantum dots offer higher efficiency and better color control. New materials reduce production costs, making LEDs more accessible. Smart LED systems provide remote control and integration with other devices. LEDs are now used in diverse applications, from standard light bulbs to automotive lighting, enabling innovative designs and improved energy management. With ongoing research in areas like micro-LEDs and OLEDs, the future promises even more exciting developments, driving innovation and sustainability in lighting solutions. Such factors are expected to boost the Lighting Product Market growth. Latest LED Technology and Trends in the LED Industry Many industries are making great strides when it comes to new technology and trends, the LED Lighting industry is certainly among the leaders. Over the last decade, the LED industry has experienced tremendous growth and change, with new applications, increasing efficiencies and lower costs throughout. For multiple businesses and products, this creates a great opportunity for Lighting Product Market growth.Development of Smart Cities to Create Lucrative Opportunity for the LED Lighting Market The emergence of smart cities presents a unique opportunity for the lighting product market, particularly in the realm of smart lighting solutions. Smart cities aim to enhance urban living through the integration of advanced technologies, and smart lighting is a key component of this vision. Smart lighting systems utilize sensors, wireless communication, and data analytics to provide adaptive and efficient lighting. These systems automatically adjust lighting based on real-time conditions such as occupancy and daylight levels, leading to significant energy savings and reduced operational costs. The smart lighting infrastructure serves multiple functions, including enhancing public safety through integrated surveillance and improving traffic management with real-time data on road usage. The Department of Energy (DOE) will invest almost $10 million to expand efforts to support the emergence of smart, energy-efficient and low-emission cities that are leveraging Smart Cities technologies. Such investment is expected to boost the market growth. Technology spending on smart city initiatives worldwide is forecast to more than double between 2018 and 2023, increasing from 81 billion U.S. dollars in 2018 to 189.5 billion in 2023.
Category Description Elimination of External Drivers New DC LED chips handle power requirements directly, eliminating the need for external circuit board drivers. This allows for more compact packaging and new product applications, with increasing light output relative to cost. Dynamic Beam Spread Innovative LED systems with dynamic beam spread and no moving parts provide custom beam control, opening up new application possibilities. Flexible LED Foils A roll-to-roll process developed in Finland enables the production of flexible in-molded LED foils with printed electronics, reducing manufacturing costs for flexible LED displays. Li-Fi Technology Li-Fi uses modulated LED light for high-rate data transmission, ideal for electromagnetic-sensitive areas. This technology is moving from research to commercialization and is suited for home and architectural networks. Automotive LED Expansion LEDs are now widely used in the automotive industry across all car lines, enhancing both styling and functionality in rear, forward, and interior lighting. Benefits include improved ambiance, passenger safety, and long life without bulb changes. The smart LED streetlights equipped with IoT (Internet of Things) sensors collect and transmit data, providing valuable insights for urban planning and maintenance. These lights monitor air quality, traffic flow, and even enhance security by detecting unusual activities. As governments and municipalities worldwide commit to creating more sustainable and connected urban environments, the demand for smart lighting product solutions is set to soar. This burgeoning trend towards smart city development represents a golden opportunity for the LED lighting market to innovate and expand its reach. The deployment of smart streetlights, which is monitored and controlled remotely, also reduces maintenance costs and improves reliability. As urban areas continue to grow and the concept of smart cities gains traction globally, the demand for smart lighting solutions is expected to soar, offering a lucrative opportunity for market players to innovate and capture a significant share of this transformative Lighting Product Market. High Initial Costs Create Barriers to Adoption of Lighting Products and Restrain the Market Growth The long-term cost savings and environmental benefits of energy-efficient lighting products, the high initial costs remain a significant restraining factor in the market. Advanced lighting technologies such as LED and smart lighting systems require substantial upfront investment compared to traditional incandescent or fluorescent bulbs. These higher costs is prohibitive for both residential consumers and businesses, particularly in regions with lower disposable incomes or limited access to financing options. For many potential buyers, the immediate expense outweighs the perceived future savings on energy bills, slowing the adoption rate. The high costs deter large-scale commercial projects or public infrastructure upgrades, where budget constraints are a major consideration. The price of LED and smart lighting has been decreasing over time, it remains a critical hurdle that the industry needs to address through continued technological innovation, subsidies, or incentive programs. Overcoming this financial barrier is essential for accelerating the transition to more sustainable lighting solutions and achieving broader Lighting Product Market penetration.
Lighting Product Market Segment Analysis
By Product: Based on the Product, the Lighting Product Market is segmented into LED Tubes & Bulbs, T8 LED tubes & bulbs, and Others (Incandescent, High Intensity Discharge). The LED Tubes & Bulbs segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2024-2030. This is due to the stringent regulations prohibiting the use of inefficient light bulbs. Governments in some regions have implemented legislation prohibiting the use of incandescent bulbs for general lighting and mandating the replacement of incandescent bulbs with more energy-efficient bulbs. These are the key benefits that are expected to boost the growth of the LED Tubes & Bulbs segment in the global market during the forecast period. By Lightning Fixture: Based on the Lighting Fixture, the Lighting Product Market is segmented into Ceiling Fixtures, Recessed Lighting Fixture, Strip Light Fixture, and Others (Chandeliers, Pendants, etc.). Ceiling Fixtures segment is expected to hold the largest market share of xx% by 2030. This is due to the widespread use of interior lighting among households, hospitals, corporate offices, retail malls, and educational institutions. Indoor and outdoor lighting fixtures, both wall-mounted and ceiling-mounted, create a more appealing and brighter atmosphere. The growth of the ceiling fixtures segment is expected to be driven by the availability of several designs of ceiling lighting fixtures for both commercial and residential applications. Others (Chandeliers, Pendants, etc.) segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2023-2030. Manufacturing of chandeliers with a gorgeous and exquisite appearance and fine material quality, as well as the growing demand to match the ambiance, are driving this segment's growth. The manufacture of pleasing designs at reasonable rates is driving up demand for chandelier light fixtures.Lighting Product Market Regional Analysis
Asia Pacific dominated the largest Lighting Product Market share in 2023. This growth is driven by the rapid development of infrastructure projects in emerging markets within the region, and the development of a heightened demand for LED lighting solutions. Also, the growth is fueled by the proactive energy-saving initiatives undertaken by regional governments, aligning with area-specific market dynamics. The construction industries in key economies such as China, Japan, and India contribute significantly to the rise of the regional market, complemented by the presence of numerous manufacturers focused on launching new products. These region-specific market trends underscore the resilience and potential of the Lighting Product Industry in Asia Pacific. By the year 2030, the U.S. Department of Energy estimates that LED lighting has the potential to save 190 terawatt hours of electricity each year, which equates to $15 billion in energy costs. (General Electric). In the United States, 58% of Americans that they prefer using LED bulbs over other types of lighting. For total lamp inventory in the U.S., the residential share of the market is 71%.Global Lighting Product Market Scope: Inquire before buying
Global Lighting Product Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 123.08 Bn. Forecast Period 2024 to 2030 CAGR: 3.82% Market Size in 2030: US $ 166.51 Bn. Segments Covered: by Product LED tubes and bulbs T8 LED tubes and bulbs Others by Lighting Fixture Ceiling Fixtures Recessed Lighting Fixture Strip Light Fixture Others by End Use Residential Commercial Industrial Lighting Product Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina, Columbia and Rest of South America)Lighting Product Key Players
North America 1. Home Depot (USA) 2. Lowe's (USA) 3. Target (USA) 4. Walmart (USA) 5. Bed Bath & Beyond (USA) 6. Sam's Club (USA) 7. Costco (USA) 8. Menards (USA) 9. Kim Lighting (USA) 10. Innovative Lighting (USA) 11. Cree (USA) 12. Baja Designs (USA) 13. Grote (USA) 14. Rigid Industries (USA) 15. DECO Lighting (USA) 16. BIOS (USA) 17. LSI Industries (USA) Asia Pacific 18. Nichia (Japan) 19. Osram (Germany) 20. Brightlux (China) 21. Everlight (Taiwan) 22. Others Frequently Asked Questions: 1] What is the growth rate of the Global Lighting Product Market? Ans. The Global Lighting Product Market is growing at a significant rate of 3.82 % during the forecast period. 2] Which region is expected to dominate the Global Lighting Product Market? Ans. APAC is expected to dominate the Lighting Product Market during the forecast period. 3] What is the expected Global Lighting Product Market size by 2030? Ans. The Lighting Product Market size is expected to reach USD 166.51 Bn by 2030. 4] Which are the top players in the Global Lighting Product Market? Ans. The major top players in the Global Lighting Product Market are Home Depot, Lowe's and Target and others. 5] What are the factors driving the Global Lighting Product Market growth? Ans. The growth of smart home adoption is expected to drive the Lighting Product Market growth. 6] Which country held the largest Global Lighting Product Market share in 2023? Ans. China held the largest Lighting Product Market share in 2023.
1. Lighting Product Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Lighting Product Market: Dynamics 2.1. Lighting Product Market Trends by Region 2.1.1. North America Lighting Product Market Trends 2.1.2. Europe Lighting Product Market Trends 2.1.3. Asia Pacific Lighting Product Market Trends 2.1.4. Middle East and Africa Lighting Product Market Trends 2.1.5. South America Lighting Product Market Trends 2.2. Lighting Product Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Lighting Product Market Drivers 2.2.1.2. North America Lighting Product Market Restraints 2.2.1.3. North America Lighting Product Market Opportunities 2.2.1.4. North America Lighting Product Market Challenges 2.2.2. Europe 2.2.2.1. Europe Lighting Product Market Drivers 2.2.2.2. Europe Lighting Product Market Restraints 2.2.2.3. Europe Lighting Product Market Opportunities 2.2.2.4. Europe Lighting Product Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Lighting Product Market Drivers 2.2.3.2. Asia Pacific Lighting Product Market Restraints 2.2.3.3. Asia Pacific Lighting Product Market Opportunities 2.2.3.4. Asia Pacific Lighting Product Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Lighting Product Market Drivers 2.2.4.2. Middle East and Africa Lighting Product Market Restraints 2.2.4.3. Middle East and Africa Lighting Product Market Opportunities 2.2.4.4. Middle East and Africa Lighting Product Market Challenges 2.2.5. South America 2.2.5.1. South America Lighting Product Market Drivers 2.2.5.2. South America Lighting Product Market Restraints 2.2.5.3. South America Lighting Product Market Opportunities 2.2.5.4. South America Lighting Product Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Lighting Product Industry 2.8. Analysis of Government Schemes and Initiatives For Lighting Product Industry 2.9. Lighting Product Market Trade Analysis 2.10. The Global Pandemic Impact on Lighting Product Market 3. Lighting Product Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2023-2030 3.1. Lighting Product Market Size and Forecast, by Product (2023-2030) 3.1.1. LED tubes and bulbs 3.1.2. T8 LED tubes and bulbs 3.1.3. Others 3.2. Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 3.2.1. Ceiling Fixtures 3.2.2. Recessed Lighting Fixture 3.2.3. Strip Light Fixture 3.2.4. Others 3.3. Lighting Product Market Size and Forecast, by End Use (2023-2030) 3.3.1. Residential 3.3.2. Commercial 3.3.3. Industrial 3.4. Lighting Product Market Size and Forecast, by Region (2023-2030) 3.4.1. North America 3.4.2. Europe 3.4.3. Asia Pacific 3.4.4. Middle East and Africa 3.4.5. South America 4. North America Lighting Product Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 4.1. North America Lighting Product Market Size and Forecast, by Product (2023-2030) 4.1.1. LED tubes and bulbs 4.1.2. T8 LED tubes and bulbs 4.1.3. Others 4.2. North America Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 4.2.1. Ceiling Fixtures 4.2.2. Recessed Lighting Fixture 4.2.3. Strip Light Fixture 4.2.4. Others 4.3. North America Lighting Product Market Size and Forecast, by End Use (2023-2030) 4.3.1. Residential 4.3.2. Commercial 4.3.3. Industrial 4.4. North America Lighting Product Market Size and Forecast, by Country (2023-2030) 4.4.1. United States 4.4.1.1. United States Lighting Product Market Size and Forecast, by Product (2023-2030) 4.4.1.1.1. LED tubes and bulbs 4.4.1.1.2. T8 LED tubes and bulbs 4.4.1.1.3. Others 4.4.1.2. United States Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 4.4.1.2.1. Ceiling Fixtures 4.4.1.2.2. Recessed Lighting Fixture 4.4.1.2.3. Strip Light Fixture 4.4.1.2.4. Others 4.4.1.3. United States Lighting Product Market Size and Forecast, by End Use (2023-2030) 4.4.1.3.1. Residential 4.4.1.3.2. Commercial 4.4.1.3.3. Industrial 4.4.2. Canada 4.4.2.1. Canada Lighting Product Market Size and Forecast, by Product (2023-2030) 4.4.2.1.1. LED tubes and bulbs 4.4.2.1.2. T8 LED tubes and bulbs 4.4.2.1.3. Others 4.4.2.2. Canada Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 4.4.2.2.1. Ceiling Fixtures 4.4.2.2.2. Recessed Lighting Fixture 4.4.2.2.3. Strip Light Fixture 4.4.2.2.4. Others 4.4.2.3. Canada Lighting Product Market Size and Forecast, by End Use (2023-2030) 4.4.2.3.1. Residential 4.4.2.3.2. Commercial 4.4.2.3.3. Industrial 4.4.3. Mexico 4.4.3.1. Mexico Lighting Product Market Size and Forecast, by Product (2023-2030) 4.4.3.1.1. LED tubes and bulbs 4.4.3.1.2. T8 LED tubes and bulbs 4.4.3.1.3. Others 4.4.3.2. Mexico Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 4.4.3.2.1. Ceiling Fixtures 4.4.3.2.2. Recessed Lighting Fixture 4.4.3.2.3. Strip Light Fixture 4.4.3.2.4. Others 4.4.3.3. Mexico Lighting Product Market Size and Forecast, by End Use (2023-2030) 4.4.3.3.1. Residential 4.4.3.3.2. Commercial 4.4.3.3.3. Industrial 5. Europe Lighting Product Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 5.1. Europe Lighting Product Market Size and Forecast, by Product (2023-2030) 5.2. Europe Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 5.3. Europe Lighting Product Market Size and Forecast, by End Use (2023-2030) 5.4. Europe Lighting Product Market Size and Forecast, by Country (2023-2030) 5.4.1. United Kingdom 5.4.1.1. United Kingdom Lighting Product Market Size and Forecast, by Product (2023-2030) 5.4.1.2. United Kingdom Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 5.4.1.3. United Kingdom Lighting Product Market Size and Forecast, by End Use (2023-2030) 5.4.2. France 5.4.2.1. France Lighting Product Market Size and Forecast, by Product (2023-2030) 5.4.2.2. France Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 5.4.2.3. France Lighting Product Market Size and Forecast, by End Use (2023-2030) 5.4.3. Germany 5.4.3.1. Germany Lighting Product Market Size and Forecast, by Product (2023-2030) 5.4.3.2. Germany Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 5.4.3.3. Germany Lighting Product Market Size and Forecast, by End Use (2023-2030) 5.4.4. Italy 5.4.4.1. Italy Lighting Product Market Size and Forecast, by Product (2023-2030) 5.4.4.2. Italy Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 5.4.4.3. Italy Lighting Product Market Size and Forecast, by End Use (2023-2030) 5.4.5. Spain 5.4.5.1. Spain Lighting Product Market Size and Forecast, by Product (2023-2030) 5.4.5.2. Spain Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 5.4.5.3. Spain Lighting Product Market Size and Forecast, by End Use (2023-2030) 5.4.6. Sweden 5.4.6.1. Sweden Lighting Product Market Size and Forecast, by Product (2023-2030) 5.4.6.2. Sweden Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 5.4.6.3. Sweden Lighting Product Market Size and Forecast, by End Use (2023-2030) 5.4.7. Austria 5.4.7.1. Austria Lighting Product Market Size and Forecast, by Product (2023-2030) 5.4.7.2. Austria Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 5.4.7.3. Austria Lighting Product Market Size and Forecast, by End Use (2023-2030) 5.4.8. Rest of Europe 5.4.8.1. Rest of Europe Lighting Product Market Size and Forecast, by Product (2023-2030) 5.4.8.2. Rest of Europe Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 5.4.8.3. Rest of Europe Lighting Product Market Size and Forecast, by End Use (2023-2030) 6. Asia Pacific Lighting Product Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 6.1. Asia Pacific Lighting Product Market Size and Forecast, by Product (2023-2030) 6.2. Asia Pacific Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 6.3. Asia Pacific Lighting Product Market Size and Forecast, by End Use (2023-2030) 6.4. Asia Pacific Lighting Product Market Size and Forecast, by Country (2023-2030) 6.4.1. China 6.4.1.1. China Lighting Product Market Size and Forecast, by Product (2023-2030) 6.4.1.2. China Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 6.4.1.3. China Lighting Product Market Size and Forecast, by End Use (2023-2030) 6.4.2. S Korea 6.4.2.1. S Korea Lighting Product Market Size and Forecast, by Product (2023-2030) 6.4.2.2. S Korea Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 6.4.2.3. S Korea Lighting Product Market Size and Forecast, by End Use (2023-2030) 6.4.3. Japan 6.4.3.1. Japan Lighting Product Market Size and Forecast, by Product (2023-2030) 6.4.3.2. Japan Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 6.4.3.3. Japan Lighting Product Market Size and Forecast, by End Use (2023-2030) 6.4.4. India 6.4.4.1. India Lighting Product Market Size and Forecast, by Product (2023-2030) 6.4.4.2. India Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 6.4.4.3. India Lighting Product Market Size and Forecast, by End Use (2023-2030) 6.4.5. Australia 6.4.5.1. Australia Lighting Product Market Size and Forecast, by Product (2023-2030) 6.4.5.2. Australia Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 6.4.5.3. Australia Lighting Product Market Size and Forecast, by End Use (2023-2030) 6.4.6. Indonesia 6.4.6.1. Indonesia Lighting Product Market Size and Forecast, by Product (2023-2030) 6.4.6.2. Indonesia Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 6.4.6.3. Indonesia Lighting Product Market Size and Forecast, by End Use (2023-2030) 6.4.7. Malaysia 6.4.7.1. Malaysia Lighting Product Market Size and Forecast, by Product (2023-2030) 6.4.7.2. Malaysia Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 6.4.7.3. Malaysia Lighting Product Market Size and Forecast, by End Use (2023-2030) 6.4.8. Vietnam 6.4.8.1. Vietnam Lighting Product Market Size and Forecast, by Product (2023-2030) 6.4.8.2. Vietnam Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 6.4.8.3. Vietnam Lighting Product Market Size and Forecast, by End Use (2023-2030) 6.4.9. Taiwan 6.4.9.1. Taiwan Lighting Product Market Size and Forecast, by Product (2023-2030) 6.4.9.2. Taiwan Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 6.4.9.3. Taiwan Lighting Product Market Size and Forecast, by End Use (2023-2030) 6.4.10. Rest of Asia Pacific 6.4.10.1. Rest of Asia Pacific Lighting Product Market Size and Forecast, by Product (2023-2030) 6.4.10.2. Rest of Asia Pacific Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 6.4.10.3. Rest of Asia Pacific Lighting Product Market Size and Forecast, by End Use (2023-2030) 7. Middle East and Africa Lighting Product Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 7.1. Middle East and Africa Lighting Product Market Size and Forecast, by Product (2023-2030) 7.2. Middle East and Africa Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 7.3. Middle East and Africa Lighting Product Market Size and Forecast, by End Use (2023-2030) 7.4. Middle East and Africa Lighting Product Market Size and Forecast, by Country (2023-2030) 7.4.1. South Africa 7.4.1.1. South Africa Lighting Product Market Size and Forecast, by Product (2023-2030) 7.4.1.2. South Africa Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 7.4.1.3. South Africa Lighting Product Market Size and Forecast, by End Use (2023-2030) 7.4.2. GCC 7.4.2.1. GCC Lighting Product Market Size and Forecast, by Product (2023-2030) 7.4.2.2. GCC Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 7.4.2.3. GCC Lighting Product Market Size and Forecast, by End Use (2023-2030) 7.4.3. Nigeria 7.4.3.1. Nigeria Lighting Product Market Size and Forecast, by Product (2023-2030) 7.4.3.2. Nigeria Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 7.4.3.3. Nigeria Lighting Product Market Size and Forecast, by End Use (2023-2030) 7.4.4. Rest of ME&A 7.4.4.1. Rest of ME&A Lighting Product Market Size and Forecast, by Product (2023-2030) 7.4.4.2. Rest of ME&A Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 7.4.4.3. Rest of ME&A Lighting Product Market Size and Forecast, by End Use (2023-2030) 8. South America Lighting Product Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 8.1. South America Lighting Product Market Size and Forecast, by Product (2023-2030) 8.2. South America Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 8.3. South America Lighting Product Market Size and Forecast, by End Use(2023-2030) 8.4. South America Lighting Product Market Size and Forecast, by Country (2023-2030) 8.4.1. Brazil 8.4.1.1. Brazil Lighting Product Market Size and Forecast, by Product (2023-2030) 8.4.1.2. Brazil Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 8.4.1.3. Brazil Lighting Product Market Size and Forecast, by End Use (2023-2030) 8.4.2. Argentina 8.4.2.1. Argentina Lighting Product Market Size and Forecast, by Product (2023-2030) 8.4.2.2. Argentina Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 8.4.2.3. Argentina Lighting Product Market Size and Forecast, by End Use (2023-2030) 8.4.3. Rest Of South America 8.4.3.1. Rest Of South America Lighting Product Market Size and Forecast, by Product (2023-2030) 8.4.3.2. Rest Of South America Lighting Product Market Size and Forecast, by Lighting Fixture (2023-2030) 8.4.3.3. Rest Of South America Lighting Product Market Size and Forecast, by End Use (2023-2030) 9. Global Lighting Product Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Lighting Product Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Home Depot (USA) 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Lowe's (USA) 10.3. Target (USA) 10.4. Walmart (USA) 10.5. Bed Bath & Beyond (USA) 10.6. Sam's Club (USA) 10.7. Costco (USA) 10.8. Menards (USA) 10.9. Kim Lighting (USA) 10.10. Innovative Lighting (USA) 10.11. Cree (USA) 10.12. Baja Designs (USA) 10.13. Grote (USA) 10.14. Rigid Industries (USA) 10.15. DECO Lighting (USA) 10.16. BIOS (USA) 10.17. LSI Industries (USA) 10.18. Nichia (Japan) 10.19. Osram (Germany) 10.20. Brightlux (China) 10.21. Everlight (Taiwan) 10.22. Others 11. Key Findings 12. Industry Recommendations 13. Lighting Product Market: Research Methodology 14. Terms and Glossary