The global energy efficient lighting market is expected to grow at a CAGR of around 7.8% during 2023-2030. This report on global energy efficient lighting market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global energy efficient lighting market by segmenting the market based on product type, application, and region. Also, detailed profiles of companies operating in the energy efficient lighting market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Rising Use of Energy Efficient Lighting in Various Applications
• Increasing Demand for Energy Conservation
Market Challenges
• High Initial Investment
• High Cost of the Product
Historical & Forecast Period
Base Year: 2022
Historical Period: 2018-2022
Forecast Period: 2023-2030
Market by Product Type
• Incandescent Lamp
- Halogen Lamps
• Light Emitting Diode
• Arc Lamp
- Xenon Arc Lamp
- Mercury Xenon Arc Lamp
- Ultra High Performance Lamps
- Metal Halide Lamp
• Gas Discharge Lamps
- Compact Fluorescent Lamp
- Linear Fluorescent Lamps
- Neon Lamp
- Mercury Vapor Lamp
- Sodium Vapor Lamp
- Electrode less Lamp
Market by Application
• Residential
• Commercial
• Industrial
Market by Region
• Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Russia
- Netherlands
- Rest of Europe
• North America
- United States
- Canada
• Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Rest of Asia Pacific
• Latin America
- Mexico
- Brazil
- Argentina
- Rest of Latin America
• Middle East & Africa
- Saudi Arabia
- Turkey
- Iran
- Rest of Middle East & Africa