Global Energy Efficient Lighting Technology Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Product Type;
Incandescent Lamp, Light Emitting Diode, Arc Lamp, and Gas Discharge Lamps.By Correlated Color Temperature;
2700K-3000K, 3500K – 4000K, 4000K- 5000K, 5000K-6500K, and More Than 6500K.By Application;
Commercial, Residential, and Government.By Distribution Channel;
Online Retailers and Direct Sales.By End-user;
Homeowners and Businesses.By Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).Energy Efficient Lighting Technology Market Overview
Energy Efficient Lighting Technology Market (USD Million)
Energy Efficient Lighting Technology Market was valued at USD 227,929.14 million in the year 2024. The size of this market is expected to increase to USD 395,722.43 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.2%.
Global Energy Efficient Lighting Technology Market Growth, Share, Size, Trends and Forecast
*Market size in USD million
CAGR 8.2 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 8.2 % |
Market Size (2024) | USD 227,929.14 Million |
Market Size (2031) | USD 395,722.43 Million |
Market Concentration | Medium |
Report Pages | 310 |
Major Players
- Apple
- Bajaj Electricals Ltd
- Bridgelux Inc.
- Cooper Lighting
- Cree Inc.
- Digital Lumens, Inc.
- Eaton
- GE Lighting
- LIGMAN Lighting Co., Ltd
- Nichia Corporation
- Osram
- Royal Philips Electronics
- Toshiba Lighting & Technology Corporation
- Zumtobel Group AG
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Global Energy Efficient Lighting Technology Market
Fragmented - Highly competitive market without dominant players
The Energy Efficient Lighting Technology Market is expanding as both commercial and residential users seek greener illumination alternatives. With more than 60% of installations now featuring LED and smart-enabled lighting, the field offers substantial opportunities for eco-conscious lighting design. This transformation supports cost reduction and energy footprint minimization.
Cutting‑Edge Tech Supporting Efficiency Gains
Approximately 55% of new lighting product launches incorporate technological advancements such as sensor-based automation, smart scheduling, and real-time energy monitoring. These innovations deliver improved lighting control and comfort while reducing electricity consumption. Smart controls and intelligent fixtures enable seamless integration with building management systems.
Mergers Enabling Comprehensive Lighting Solutions
Over 52% of firms are pursuing merger strategies to blend design expertise with controls and analytics capabilities. These strategies provide accelerated access to new technologies, enriched product portfolios, and extended market access. Combined product lines deliver comprehensive energy-efficient lighting systems tailored to diverse applications.
Adaptive Lighting Platforms Define Future Direction
The future outlook for energy-efficient lighting emphasizes adaptive capabilities such as daylight harvesting, predictive dimming, and centralized smart dashboards. More than 50% of future systems are expected to integrate cloud-based data analytics and mobile user control. These trends mark ongoing growth, operational efficiency, and continuous innovation in lighting technology.
Energy Efficient Lighting Technology Market Recent Developments
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In June 2021, Acuity Brands acquired Bluefrog Robotics, adding AI-powered energy management capabilities to their lighting solutions.
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In April 2023, Signify (formerly Philips Lighting) launched a new line of smart LED lighting designed for energy savings in commercial spaces.
Energy Efficient Lighting Technology Market Segment Analysis
In this report, the Energy Efficient Lighting Technology Market has been segmented by Product Type, Correlated Color Temperature, Application, Distribution Channel, End-user, and Geography.
Energy Efficient Lighting Technology Market, Segmentation by Product Type
The Energy Efficient Lighting Technology Market has been segmented by Product Type into Incandescent Lamp, Light Emitting Diode, Arc Lamp, and Gas Discharge Lamps.
Incandescent Lamp
Once the dominant lighting solution, incandescent lamps now represent less than 5% of the market. Their high energy consumption and short lifespan have led to a sharp decline as regulations push for more efficient alternatives.
Light Emitting Diode
LEDs dominate the energy-efficient lighting market, accounting for over 65% share. Their low power usage, long operational life, and environmental benefits make them the preferred choice for residential, commercial, and industrial applications.
Arc Lamp
Arc lamps are primarily used in specialized applications such as projectors and industrial settings. They make up around 3% of the market and offer high-intensity illumination with limited energy efficiency improvements.
Gas Discharge Lamps
Gas discharge lamps, including fluorescent and metal-halide lamps, hold roughly 27% of the market. They provide a balance of efficiency and cost but are gradually being phased out in favor of more sustainable LED solutions.
Energy Efficient Lighting Technology Market, Segmentation by Correlated Color Temperature
The Energy Efficient Lighting Technology Market has been segmented by Correlated Color Temperature into 2700K-3000K, 3500K – 4000K, 4000K- 5000K, 5000K-6500K, and More Than 6500K.
2700K–3000K
The 2700K–3000K range, known for its warm white glow, accounts for around 25% of the market. Preferred in residential and hospitality settings, this color temperature enhances ambience and comfort.
3500K–4000K
Occupying about 20% market share, 3500K–4000K lighting provides a neutral white tone. It is widely used in office environments and retail spaces for its balanced illumination and visual clarity.
4000K–5000K
With a market share of approximately 18%, the 4000K–5000K segment is favored for task-oriented lighting in commercial and educational settings, delivering cool white light that supports focus and productivity.
5000K–6500K
Representing nearly 22% of the market, 5000K–6500K lighting emits a daylight-like brightness. It is ideal for industrial workspaces and areas needing high visibility and color accuracy.
More Than 6500K
This high-intensity segment contributes roughly 15% of the market. More than 6500K lighting is applied in security systems, outdoor lighting, and specialized technical applications requiring maximum illumination.
Energy Efficient Lighting Technology Market, Segmentation by Application
The Energy Efficient Lighting Technology Market has been segmented by Application into Commercial, Residential, and Government.
Commercial
The commercial segment leads the market with over 45% share, driven by widespread use in offices, retail spaces, and hospitality venues. Businesses prioritize cost savings and energy compliance, boosting demand for efficient lighting technologies.
Residential
Making up nearly 35% of the market, the residential segment benefits from growing consumer awareness and smart lighting adoption. Households are transitioning to LEDs and automated systems for energy efficiency and convenience.
Government
The government segment contributes around 20% of the market, fueled by public infrastructure upgrades and national energy-efficiency mandates. Lighting retrofits in streets, public buildings, and transport hubs are major drivers in this category.
Energy Efficient Lighting Technology Market, Segmentation by Distribution Channel
The Energy Efficient Lighting Technology Market has been segmented by Distribution Channel into Online Retailers and Direct Sales.
Online Retailers
Online retailers account for approximately 40% of the distribution share, offering convenient access to a wide range of energy-efficient lighting products. The segment is gaining traction due to competitive pricing, home delivery, and increasing e-commerce penetration.
Direct Sales
Direct sales dominate the channel with over 60% share, driven by B2B engagements, project-based installations, and partnerships with construction and facility management firms. This method ensures customized solutions and after-sales support.
Energy Efficient Lighting Technology Market, Segmentation by End-user
The Energy Efficient Lighting Technology Market has been segmented by End-user into Online Retailers and Direct Sales.
Online Retailers
As an end-user segment, online retailers represent around 35% of the market, using energy-efficient lighting to enhance product displays, warehouse efficiency, and reduce operational costs. Their shift to sustainable infrastructure is accelerating adoption.
Direct Sales
In the direct sales end-user category, which makes up roughly 65% of the market, energy-efficient lighting is implemented in distribution centers, corporate showrooms, and sales offices to improve presentation quality and reduce energy bills.
Energy Efficient Lighting Technology Market, Segmentation by Geography
In this report, the Energy Efficient Lighting Technology Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Regions and Countries Analyzed in this Report
Energy Efficient Lighting Technology Market Share (%), by Geographical Region
North America
North America holds around 30% of the market, propelled by government energy regulations, retrofitting initiatives, and the adoption of smart lighting systems across commercial and residential sectors.
Europe
With nearly 25% share, Europe benefits from strong sustainability mandates, such as the EU Green Deal, and high penetration of LED and adaptive lighting technologies in public infrastructure.
Asia Pacific
The Asia Pacific region leads with over 35% of the global share, driven by urbanization, smart city programs, and government subsidies for energy-efficient products in countries like China, Japan, and India.
Middle East and Africa
Holding close to 5% of the market, Middle East and Africa are seeing gradual growth due to infrastructure expansion and increased awareness of energy conservation in commercial and government sectors.
Latin America
Accounting for about 5% of the share, Latin America is adopting energy-efficient lighting in urban renewal projects and residential upgrades, supported by government-led efficiency campaigns.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Energy Efficient Lighting Technology Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Energy efficiency regulations
- Cost savings on electricity
- Technological advancements
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Environmental sustainability - Environmental sustainability refers to the responsible use of resources to maintain ecological balance and ensure the well-being of current and future generations. In the context of energy-efficient lighting technologies, sustainability plays a crucial role in mitigating environmental impacts associated with energy consumption and lighting infrastructure.
Energy-efficient lighting technologies such as LEDs contribute significantly to environmental sustainability by reducing energy consumption. LEDs consume much less electricity than traditional incandescent and fluorescent bulbs, leading to lower greenhouse gas emissions from power plants.
The longevity of energy-efficient lighting solutions contributes to environmental sustainability by reducing waste. LEDs, for example, have a significantly longer lifespan compared to traditional bulbs, which means fewer bulbs need to be manufactured, transported, and disposed of over time.
Restraints
- Initial high costs of LED technology
- Lack of consumer awareness
- Regulatory compliance challenges
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Supply chain disruptions - Supply chain disruptions can significantly impact the global energy-efficient lighting technology market, affecting various aspects from manufacturing to distribution and installation. These disruptions can arise due to a range of factors and pose challenges to the industry's growth and stability.
Natural disasters such as earthquakes, hurricanes, or floods can disrupt manufacturing facilities and suppliers located in affected regions. For instance, if a key component supplier of LED chips or drivers is located in an area prone to natural disasters, production delays and shortages can occur, affecting the availability of energy-efficient lighting products in the market.
Geopolitical tensions and trade disputes can lead to supply chain disruptions by affecting international trade routes, tariffs, and import/export regulations. Changes in trade policies or tariffs on components sourced from specific countries can disrupt supply chains, increase costs, and impact product availability and pricing in the energy-efficient lighting market.
Opportunities
- Emerging markets
- Growth in smart city initiatives
- Increasing adoption in residential sector
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Demand for connected lighting solutions - The demand for connected lighting solutions is driven by the convergence of technological advancements, energy efficiency goals, and the growing trend towards smart and sustainable infrastructure. Connected lighting refers to systems where lighting fixtures are integrated with sensors, controls, and communication technologies to enable advanced functionality and automation.
Connected lighting systems, such as those utilizing LED technology and IoT (Internet of Things) sensors, can optimize energy consumption by adjusting light levels based on occupancy, daylight levels, and user preferences.
Connected lighting plays a crucial role in smart building initiatives, where it integrates with other building systems such as HVAC (Heating, Ventilation, and Air Conditioning) and security systems.
Competitive Landscape Analysis
Key players in Global Energy Efficient Lighting Technology Market include;
- Apple
- Bajaj Electricals Ltd
- Bridgelux Inc.
- Cooper Lighting
- Cree Inc.
- Digital Lumens, Inc.
- Eaton
- GE Lighting
- LIGMAN Lighting Co., Ltd
- Nichia Corporation
- Osram
- Royal Philips Electronics
- Toshiba Lighting & Technology Corporation
- Zumtobel Group AG
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By Correlated Color Temperature
- Market Snapshot, By Application
- Market Snapshot, By Distribution Channel
- Market Snapshot, By End-user
- Market Snapshot, By Region
- Energy Efficient Lighting Technology Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Energy efficiency regulations
- Cost savings on electricity
- Technological advancements
- Environmental sustainability
- Restraints
- Initial high costs of LED technology
- Lack of consumer awareness
- Regulatory compliance challenges
- Supply chain disruptions
- Opportunities
- Emerging markets
- Growth in smart city initiatives
- Increasing adoption in residential sector
- Demand for connected lighting solutions
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Energy Efficient Lighting Technology Market, By Product Type, 2021 - 2031 (USD Million)
- Incandescent Lamp
- Light Emitting Diode
- Arc Lamp
- Gas Discharge Lamps
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Energy Efficient Lighting Technology Market, By Correlated Color Temperature, 2021 - 2031 (USD Million)
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2700K-3000K
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3500K – 4000K
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4000K- 5000K
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5000K-6500K
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More Than 6500K
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- Energy Efficient Lighting Technology Market, By Application, 2021 - 2031 (USD Million)
- Commercial
- Residential
- Government
- Energy Efficient Lighting Technology Market, By Distribution Channel, 2021 - 2031 (USD Million)
- Online Retailers
- Direct Sales
- Energy Efficient Lighting Technology Market, By End-user, 2021 - 2031 (USD Million)
- Homeowners
- Businesses
- Energy Efficient Lighting Technology Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Energy Efficient Lighting Technology Market, By Product Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Apple
- Bajaj Electricals Ltd
- Bridgelux Inc.
- Cooper Lighting
- Cree Inc.
- Digital Lumens, Inc.
- Eaton
- GE Lighting
- LIGMAN Lighting Co., Ltd
- Nichia Corporation
- Osram
- Royal Philips Electronics
- Toshiba Lighting & Technology Corporation
- Zumtobel Group AG
- Company Profiles
- Analyst Views
- Future Outlook of the Market