市场调查报告书
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LED 照明市场规模、份额、成长分析、按产品类型、安装地点、销售管道、地区 - 产业预测,2024-2031 年LED Lighting Market Size, Share, Growth Analysis, By Product type (Lamps, Luminaires), By Installation (New, Retrofit), By Sales Channel (Direct Sales, E-commerce), By Region - Industry Forecast 2024-2031 |
2022年全球LED照明市场规模为638.3亿美元,从2023年的709.4亿美元增长到2031年的1688.7亿美元,在预测期内(2024-2031年)预计复合年增长率为11%。
全球向节能 LED 照明的转变带来了巨大的市场机会,预计可节省 180 亿美元的能源,每年减少超过 1.6 亿吨的碳排放。照明占住宅电力消耗的近10%,商业设施用电量的18%至40%,节能潜力大。到 2031 年,消费者对环境问题意识的增强以及政府主导的能源效率法规预计将使照明用电需求减少 30% 至 40%。纽约计划将 25 万盏路灯改造成 LED 灯和巴塞隆纳的智慧路灯装置等备受瞩目的倡议反映了城市照明的全球趋势。美国能源局预测,到2031年,LED将占户外照明出口的75%以上,进一步强化LED市场的主导地位。 LED技术的效率预计将再提高50%,进一步增强其吸引力。此外,飞利浦、Magiclight 和小米等主要企业对智慧照明技术的投资标誌着向先进照明解决方案的转变。飞利浦凭藉支持语音助理的 Philips Hue 等产品继续引领市场。因此,向 LED 照明的转变不仅满足了永续性目标,而且还从策略上将业务定位在一个不断发展的利润丰厚的行业,该行业专注于能源效率和智慧技术的整合。
Global LED Lighting Market size was valued at USD 63.83 billion in 2022 and is poised to grow from USD 70.94 billion in 2023 to USD 168.87 billion by 2031, growing at a CAGR of 11% in the forecast period (2024-2031).
The global shift towards energy-efficient LED lighting presents a significant market opportunity, with potential electricity savings estimated at USD 18 billion and a reduction of over 160 million metric tonnes in annual carbon dioxide emissions. Lighting accounts for nearly 10% of residential electricity consumption and 18% to 40% in commercial settings, highlighting the large potential for energy conservation. By 2031, the demand for electricity for lighting is projected to decrease by 30% to 40%, driven by increasing consumer awareness of environmental issues and government-driven energy efficiency regulations. Prominent initiatives like New York's plan to convert 250,000 streetlights to LEDs and Barcelona's installation of smart streetlights reflect global trends in urban lighting. The U.S. Department of Energy forecasts that LEDs will comprise over 75% of outdoor luminaire exports by 2031, further reinforcing their market dominance. Enhanced efficacy of LED technologies is anticipated to rise by an additional 50%, amplifying their appeal. Additionally, corporate investments in smart lighting technologies from key players such as Philips, Magiclight, and Xiaomi signal a shift towards advanced lighting solutions. Philips, with products like Philips Hue-integrated with voice assistant compatibility-continues to lead the market. Therefore, this movement towards LED lighting not only aligns with sustainability goals but also positions businesses strategically within an evolving and lucrative sector focused on energy efficiency and smart technology integration.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Led Lighting market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Led Lighting Market Segmental Analysis
Global LED Lighting Market is segmented by Product type, Installation, Sales Channel, Application and region. Based on Product type, the market is segmented into Lamps, and Luminaires. Based on Installation, the market is segmented into New and Retrofit. Based on Sales Channel, the market is segmented into Retail/Wholesale, Direct Sales and E-commerce. Based on Application, the market is segmented into Indoor, and Outdoor. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Global Led Lighting Market
The global LED lighting market is primarily driven by the advantages that LED technology offers over traditional lighting solutions. Comprising essential components such as light-emitting diodes, electronic drivers, cooling systems, and optics, LED lighting is more durable and less fragile than conventional high-wattage bulbs. This technology dramatically lowers maintenance costs due to its long lifespan, which ranges from 30,000 to 50,000 hours compared to just 1,000 to 8,000 hours for incandescent bulbs. Moreover, LED lights are energy-efficient, consuming approximately 50% less electricity than halogen or fluorescent options, leading to significant energy savings and reduced expenses. With low voltage operation, non-UV emissions, and design flexibility, LED lighting is gaining traction among businesses and communities. This trend is further supported by enhanced visibility and safety at construction sites, driving the demand for LED installations as companies seek better returns on investment and overall efficiency in their lighting systems, thereby propelling market growth through 2030.
Restraints in the Global Led Lighting Market
One of the key challenges facing the global LED lighting market is the need to offer affordable pricing that appeals to the majority of consumers while simultaneously encouraging reduced expenses on energy bills and maintenance. Despite the numerous advantages associated with LED lighting, many individuals continue to favor traditional fluorescent options. This preference is exacerbated by a general lack of awareness regarding the benefits of LED technologies, resulting in a higher revenue share for fluorescent lamps. Furthermore, the upfront cost of LED solutions tends to surpass that of incandescent bulbs, and the emergence of inexpensive lighting alternatives with shorter lifespans is likely to hamper the broader adoption of LED lighting in the immediate future.
Market Trends of the Global Led Lighting Market
The Global LED Lighting market is experiencing significant growth influenced by rapid urbanization and an increasing focus on sustainable energy solutions. As urban areas expand, particularly in the Asia Pacific region, government initiatives promoting energy-efficient technologies have catalyzed widespread adoption of LED systems across commercial, industrial, and residential sectors. Legislative measures and financial incentives aimed at reducing energy consumption are driving investments in LED lighting, which is perceived as a cost-effective and environmentally friendly alternative to traditional lighting. This trend is set to continue, positioning the Asia Pacific as a vital hub for LED innovation and market expansion.