Energy-Efficient Lamps Market Size & Share Analysis - Growth Trends And Forecast (2024 - 2031)

By Product Type;

Incandescent Lamps and CFL (Compact Fluorescent Lamps)

By Application;

Residential and Commercial

By Technology;

Traditional Technology and Smart Technology (IoT Enabled)

By Wattage;

Low Wattage (Up to 10W) and Medium Wattage (11W to 20W)

By End Use;

Households and Commercial Establishments (Offices)

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn493089838 Published Date: December, 2025 Updated Date: February, 2026

Energy-Efficient Lamps Market Overview

Energy-Efficient Lamps Market (USD Million)

Energy-Efficient Lamps Market was valued at USD 286,101.94 million in the year 2024. The size of this market is expected to increase to USD 516,324.90 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.8%.


Energy-Efficient Lamps Market

*Market size in USD million

CAGR 8.8 %


Study Period2026 - 2032
Base Year2025
CAGR (%)8.8 %
Market Size (2025)USD 286,101.94 Million
Market Size (2032)USD 516,324.90 Million
Market ConcentrationMedium
Report Pages395
286,101.94
2025
516,324.90
2032

Major Players

  • Philips Lumec
  • Eaton Corporation
  • General Electric
  • Bridgelux, Inc.
  • ABB
  • Toshiba Corporation
  • Schneider Electric
  • Digital Lumens, Inc
*Competitors List Not Exhaustive

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Energy-Efficient Lamps Market

Fragmented - Highly competitive market without dominant players


Energy-Efficient Lamps Market is experiencing rapid growth as households and businesses shift to sustainable lighting solutions. Nearly 70% of establishments are adopting these lamps to reduce power consumption and operating costs. Their eco-friendly appeal and cost-saving advantages make them a preferred choice across multiple applications.

Technological Advancements
Continuous innovation in lighting technologies is enhancing lamp efficiency and durability. Around 60% of new lighting setups now include LED and compact fluorescent systems that consume less energy while offering extended lifespans. These advancements have lowered operational expenses while improving lighting quality for consumers.

Environmental Benefits
The adoption of energy-efficient lamps contributes to significant emission reduction, cutting nearly 40% of energy-related carbon output compared to traditional lighting. By aligning with global sustainability goals, these solutions are being increasingly embraced by industries and households committed to eco-friendly living.

Consumer Demand Trends
Rising consumer preference for cost-effective and sustainable products continues to fuel market demand. Nearly 65% of consumers favor long-term savings and environmental benefits over upfront cost considerations. This shift in buyer mindset has propelled adoption across residential and commercial sectors.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Technology
    4. Market Snapshot, By Wattage
    5. Market Snapshot, By End Use
    6. Market Snapshot, By Region
  4. Energy-Efficient Lamps Market Forces
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Government Incentives
        2. Global Energy Policies
        3. Public Infrastructure Projects
        4. Energy Efficiency Programs
      2. Restraints
        1. Supply Chain Disruptions
        2. Regulatory Barriers
        3. Slow Adoption Rates
      3. Opportunities
        1. Sustainable Building Codes
        2. Corporate Initiatives
        3. Energy Storage Solutions
        4. Green Certifications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Energy-Efficient Lamps Market, By Product Type, 2021 - 2031 (USD Million)
      1. Incandescent Lamps
      2. CFL (Compact Fluorescent Lamps)
    2. Energy-Efficient Lamps Market, By Application, 2021 - 2031 (USD Million)
      1. Residential
      2. Commercial
    3. Energy-Efficient Lamps Market, By Technology, 2021 - 2031 (USD Million)
      1. Traditional Technology
      2. Smart Technology (IoT Enabled)
    4. Energy-Efficient Lamps Market, By Wattage, 2021 - 2031 (USD Million)
      1. Low Wattage (Up to 10W)
      2. Medium Wattage (11W to 20W)
    5. Energy-Efficient Lamps Market, By End Use, 2021 - 2031 (USD Million)
      1. Households
      2. Commercial Establishments (Offices)
    6. Energy-Efficient Lamps Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. Signify
      2. Osram Licht AG
      3. General Electric
      4. Acuity Brands
      5. Eaton Corporation
      6. Panasonic Lighting
      7. Cree Inc.
      8. Nichia Corporation
      9. Havells
      10. Schneider Electric
      11. Bridgelux
      12. Legrand
      13. Hubbell Incorporated
      14. Feit Electric
      15. Sylvania
  7. Analyst Views
  8. Future Outlook of the Market