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).
Report ID: Rn139138951 Published Date: June, 2025 Updated Date: July, 2025

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 Period2025 - 2031
Base Year2024
CAGR (%)8.2 %
Market Size (2024)USD 227,929.14 Million
Market Size (2031)USD 395,722.43 Million
Market ConcentrationMedium
Report Pages310
227,929.14
2024
395,722.43
2031

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.

  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 Correlated Color Temperature
    3. Market Snapshot, By Application
    4. Market Snapshot, By Distribution Channel
    5. Market Snapshot, By End-user
    6. Market Snapshot, By Region
  4. Energy Efficient Lighting Technology Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Energy efficiency regulations
        2. Cost savings on electricity
        3. Technological advancements
        4. Environmental sustainability
      2. Restraints
        1. Initial high costs of LED technology
        2. Lack of consumer awareness
        3. Regulatory compliance challenges
        4. Supply chain disruptions
      3. Opportunities
        1. Emerging markets
        2. Growth in smart city initiatives
        3. Increasing adoption in residential sector
        4. Demand for connected lighting solutions
    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 Lighting Technology Market, By Product Type, 2021 - 2031 (USD Million)
      1. Incandescent Lamp
      2. Light Emitting Diode
      3. Arc Lamp
      4. Gas Discharge Lamps
    2. Energy Efficient Lighting Technology Market, By Correlated Color Temperature, 2021 - 2031 (USD Million)

      1. 2700K-3000K

      2. 3500K – 4000K

      3. 4000K- 5000K

      4. 5000K-6500K

      5. More Than 6500K

    3. Energy Efficient Lighting Technology Market, By Application, 2021 - 2031 (USD Million)
      1. Commercial
      2. Residential
      3. Government
    4. Energy Efficient Lighting Technology Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Online Retailers
      2. Direct Sales
    5. Energy Efficient Lighting Technology Market, By End-user, 2021 - 2031 (USD Million)
      1. Homeowners
      2. Businesses
    6. Energy Efficient Lighting Technology 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
    1. Company Profiles
      1. Apple
      2. Bajaj Electricals Ltd
      3. Bridgelux Inc.
      4. Cooper Lighting
      5. Cree Inc.
      6. Digital Lumens, Inc.
      7. Eaton
      8. GE Lighting
      9. LIGMAN Lighting Co., Ltd
      10. Nichia Corporation
      11. Osram
      12. Royal Philips Electronics
      13. Toshiba Lighting & Technology Corporation
      14. Zumtobel Group AG
  7. Analyst Views
  8. Future Outlook of the Market