Global Lighting Fixtures and Luminaires Market to Reach $145.3 Billion by 2030
The global market for Lighting Fixtures and Luminaires estimated at US$84.1 Billion in the year 2022, is projected to reach a revised size of US$145.3 Billion by 2030, growing at a CAGR of 7.1% over the period 2022-2030. Non-Portable, one of the segments analyzed in the report, is projected to record 7.4% CAGR and reach US$111 Billion by the end of the analysis period. Growth in the Portable segment is estimated at 5.2% CAGR for the next 8-year period.
The U.S. Market is Estimated at $16.1 Billion, While China is Forecast to Grow at 8.7% CAGR
The Lighting Fixtures and Luminaires market in the U.S. is estimated at US$16.1 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$31.6 Billion by the year 2030 trailing a CAGR of 8.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.2% and 5.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.6% CAGR.
Select Competitors (Total 645 Featured)
- Ai Live Home Kit Co., Ltd.
- Acuity Brands Lighting Inc.
- Ampcontrol Pty., Ltd.
- Acuity Brands, Inc.
- Acclaim Lighting
- ADJ Products LLC
- Alloy Industry Co., Ltd.
- American Electric Lighting
- ACDC LED Ltd.
- Arancia Lighting Inc.
- ANP Lighting, Inc.
- Abacus Lighting Holdings Limited
- aoshenglighting.com Corporation.
- Andre Fu Living Limited
- Aquarii, Inc.