The Europe LED Lighting Market would witness market growth of 11.1% CAGR during the forecast period (2021-2027). LEDs are extremely effective, reliable, and provide a higher life span, which would fuel their adoption rate in indoor as well as outdoor settings.
These lights are cost-efficient in comparison to incandescent lights, offering approximately 50,000 hours of illumination with low consumption of energy. Less price of operation and decreased heat losses also make them an appropriate alternative for incandescent lights. The demand for the product is also boosted by technological developments, switch from traditional to green lighting, and improved energy-efficiency standards.
The installation of LED lighting is supported by the strict norms to ban or restrict the usage of inefficient lighting technologies and government rebate and retrofit programs, thereby boosting the market growth. LED lighting is relatively costly; though, it provides longer service life and better lumen power at less wattage in comparison to incandescent, CFL, and halogen light sources. In addition, the growth of the market would be boosted by the constantly reducing cost of LED lamps and luminaries and the availability of smart lighting solutions, along with updated energy policies around the world.
The Germany market dominated the Europe LED Lighting T Lamps Market by Country 2020, growing at a CAGR of 9.5 % during the forecast period. The UK market is exhibiting a CAGR of 9.8% during (2021 - 2027). Additionally, The France market is poised to witness a CAGR of 11.4% during (2021 - 2027).
The Luminaires market dominated the Spain LED Lighting Market by Product 2020, thereby, achieving a market value of $1,238.9 million by 2027. The Lamps market is expected to witness a CAGR of 12.8% during (2021 - 2027).
Based on Product, the market is segmented into Luminaires and Lamps. Luminaires segment is further categorized into Downlights, Streetlights, Troffers and Others. Lamps segment is further bifurcated across A Lamps, T Lamps and Others. Based on Application, the market is segmented into Indoor and Outdoor. Based on End User, the market is segmented into Commercial, Residential, Industrial and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global LED Lighting Market Size will Hit $115.6 Billion by 2027, at a CAGR of 11.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Dialight PLC, LSI Industries, Inc., Zumtobel Group AG, Heliospectra AB, Nichia Corporation, Seoul Semiconductor Co., Ltd., Lumileds Holding B.V., Signify N.V., Hubbell, Inc., and Acuity Brands Lighting, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Luminaires
- Downlights
- Streetlights
- Troffers
- Others
- Lamps
By Application
By End User
- Commercial
- Residential
- Industrial
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Dialight PLC
- LSI Industries, Inc.
- Zumtobel Group AG
- Heliospectra AB
- Nichia Corporation
- Seoul Semiconductor Co., Ltd.
- Lumileds Holding B.V.
- Signify N.V.
- Hubbell, Inc.
- Acuity Brands Lighting, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe LED Lighting Market, by Product
1.4.2 Europe LED Lighting Market, by Application
1.4.3 Europe LED Lighting Market, by End User
1.4.4 Europe LED Lighting Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations, and Agreements
3.2.2 Geographical Expansions
3.2.3 Product Launches and Product Expansions
3.2.4 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2018, Mar – 2021, Apr) Leading Players
Chapter 4. Europe LED Lighting Market by Product
4.1 Europe LED Lighting Luminaires Market by Country
4.2 Europe LED Lighting Market by Luminaires Type
4.2.1 Europe Downlights LED Lighting Market by Country
4.2.2 Europe Streetlights LED Lighting Market by Country
4.2.3 Europe Troffers LED Lighting Market by Country
4.2.4 Europe Other Luminaires Type LED Lighting Market by Country
4.3 Europe LED Lighting Lamps Market by Country
4.4 Europe LED Lighting Market by Lamps Type
4.4.1 Europe LED Lighting A Lamps Market by Country
4.4.2 Europe LED Lighting T Lamps Market by Country
4.4.3 Europe LED Lighting Others Market by Country
Chapter 5. Europe LED Lighting Market by Application
5.1 Europe Indoor LED Lighting Market by Country
5.2 Europe Outdoor LED Lighting Market by Country
Chapter 6. Europe LED Lighting Market by End Use
6.1 Europe Commercial LED Lighting Market by Country
6.2 Europe Residential LED Lighting Market by Country
6.3 Europe Industrial LED Lighting Market by Country
6.4 Europe Others LED Lighting Market by Country
Chapter 7. Europe LED Lighting Market by Country
7.1 Germany LED Lighting Market
7.1.1 Germany LED Lighting Market by Product
7.1.1.1 Germany LED Lighting Market by Luminaires Type
7.1.1.2 Germany LED Lighting Market by Lamps Type
7.1.2 Germany LED Lighting Market by Application
7.1.3 Germany LED Lighting Market by End Use
7.2 UK LED Lighting Market
7.2.1 UK LED Lighting Market by Product
7.2.1.1 UK LED Lighting Market by Luminaires Type
7.2.1.2 UK LED Lighting Market by Lamps Type
7.2.2 UK LED Lighting Market by Application
7.2.3 UK LED Lighting Market by End Use
7.3 France LED Lighting Market
7.3.1 France LED Lighting Market by Product
7.3.1.1 France LED Lighting Market by Luminaires Type
7.3.1.2 France LED Lighting Market by Lamps Type
7.3.2 France LED Lighting Market by Application
7.3.3 France LED Lighting Market by End Use
7.4 Russia LED Lighting Market
7.4.1 Russia LED Lighting Market by Product
7.4.1.1 Russia LED Lighting Market by Luminaires Type
7.4.1.2 Russia LED Lighting Market by Lamps Type
7.4.2 Russia LED Lighting Market by Application
7.4.3 Russia LED Lighting Market by End Use
7.5 Spain LED Lighting Market
7.5.1 Spain LED Lighting Market by Product
7.5.1.1 Spain LED Lighting Market by Luminaires Type
7.5.1.2 Spain LED Lighting Market by Lamps Type
7.5.2 Spain LED Lighting Market by Application
7.5.3 Spain LED Lighting Market by End Use
7.6 Italy LED Lighting Market
7.6.1 Italy LED Lighting Market by Product
7.6.1.1 Italy LED Lighting Market by Luminaires Type
7.6.1.2 Italy LED Lighting Market by Lamps Type
7.6.2 Italy LED Lighting Market by Application
7.6.3 Italy LED Lighting Market by End Use
7.7 Rest of Europe LED Lighting Market
7.7.1 Rest of Europe LED Lighting Market by Product
7.7.1.1 Rest of Europe LED Lighting Market by Luminaires Type
7.7.1.2 Rest of Europe LED Lighting Market by Lamps Type
7.7.2 Rest of Europe LED Lighting Market by Application
7.7.3 Rest of Europe LED Lighting Market by End Use
Chapter 8. Company Profiles
8.1 Dialight PLC
8.1.1 Company Overview
8.1.1 Financial Analysis
8.1.2 Segmental and Regional Analysis
8.1.3 Research & Development Expense
8.1.4 Recent strategies and developments:
8.1.4.1 Partnerships, Collaborations, and Agreements:
8.1.4.2 Product Launches and Product Expansions:
8.2 LSI Industries, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.5.3 Acquisition and Mergers:
8.3 Zumtobel Group AG
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Geographical Expansions:
8.4 Heliospectra AB
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Recent strategies and developments:
8.4.3.1 Partnerships, Collaborations, and Agreements:
8.4.3.2 Product Launches and Product Expansions:
8.5 Nichia Corporation
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Partnerships, Collaborations, and Agreements:
8.5.2.2 Product Launches and Product Expansions:
8.5.2.3 Geographical Expansions:
8.6 Seoul Semiconductor Co., Ltd.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Research & Development Expense
8.6.4 Recent strategies and developments:
8.6.4.1 Partnerships, Collaborations, and Agreements:
8.6.4.2 Product Launches and Product Expansions:
8.7 Lumileds Holding B.V.
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Product Launches and Product Expansions:
8.8 Signify N.V.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.5.2 Acquisition and Mergers:
8.8.5.3 Product Launches and Product Expansions:
8.9 Hubbell, Inc.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Product Launches and Product Expansions:
8.10. Acuity Brands Lighting, Inc.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Regional Analysis
8.10.4 Research & Development Expense
8.10.5 Recent strategies and developments:
8.10.5.1 Partnerships, Collaborations, and Agreements:
8.10.5.2 Acquisition and Mergers:
TABLE 1 Europe LED Lighting Market, 2017 - 2020, USD Million
TABLE 2 Europe LED Lighting Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations, and Agreements– LED Lighting Market
TABLE 4 Geographical Expansions– LED Lighting Market
TABLE 5 Product Launches And Product Expansions– LED Lighting Market
TABLE 6 Acquisition and Mergers– LED Lighting Market
TABLE 7 Europe LED Lighting Market by Product, 2017 - 2020, USD Million
TABLE 8 Europe LED Lighting Market by Product, 2021 - 2027, USD Million
TABLE 9 Europe LED Lighting Luminaires Market by Country, 2017 - 2020, USD Million
TABLE 10 Europe LED Lighting Luminaires Market by Country, 2021 - 2027, USD Million
TABLE 11 Europe LED Lighting Market by Luminaires Type, 2017 - 2020, USD Million
TABLE 12 Europe LED Lighting Market by Luminaires Type, 2021 - 2027, USD Million
TABLE 13 Europe Downlights LED Lighting Market by Country, 2017 - 2020, USD Million
TABLE 14 Europe Downlights LED Lighting Market by Country, 2021 - 2027, USD Million
TABLE 15 Europe Streetlights LED Lighting Market by Country, 2017 - 2020, USD Million
TABLE 16 Europe Streetlights LED Lighting Market by Country, 2021 - 2027, USD Million
TABLE 17 Europe Troffers LED Lighting Market by Country, 2017 - 2020, USD Million
TABLE 18 Europe Troffers LED Lighting Market by Country, 2021 - 2027, USD Million
TABLE 19 Europe Other Luminaires Type LED Lighting Market by Country, 2017 - 2020, USD Million
TABLE 20 Europe Other Luminaires Type LED Lighting Market by Country, 2021 - 2027, USD Million
TABLE 21 Europe LED Lighting Lamps Market by Country, 2017 - 2020, USD Million
TABLE 22 Europe LED Lighting Lamps Market by Country, 2021 - 2027, USD Million
TABLE 23 Europe LED Lighting Market by Lamps Type, 2017 - 2020, USD Million
TABLE 24 Europe LED Lighting Market by Lamps Type, 2021 - 2027, USD Million
TABLE 25 Europe LED Lighting A Lamps Market by Country, 2017 - 2020, USD Million
TABLE 26 Europe LED Lighting A Lamps Market by Country, 2021 - 2027, USD Million
TABLE 27 Europe LED Lighting T Lamps Market by Country, 2017 - 2020, USD Million
TABLE 28 Europe LED Lighting T Lamps Market by Country, 2021 - 2027, USD Million
TABLE 29 Europe LED Lighting Others Market by Country, 2017 - 2020, USD Million
TABLE 30 Europe LED Lighting Others Market by Country, 2021 - 2027, USD Million
TABLE 31 Europe LED Lighting Market by Application, 2017 - 2020, USD Million
TABLE 32 Europe LED Lighting Market by Application, 2021 - 2027, USD Million
TABLE 33 Europe Indoor LED Lighting Market by Country, 2017 - 2020, USD Million
TABLE 34 Europe Indoor LED Lighting Market by Country, 2021 - 2027, USD Million
TABLE 35 Europe Outdoor LED Lighting Market by Country, 2017 - 2020, USD Million
TABLE 36 Europe Outdoor LED Lighting Market by Country, 2021 - 2027, USD Million
TABLE 37 Europe LED Lighting Market by End Use, 2017 - 2020, USD Million
TABLE 38 Europe LED Lighting Market by End Use, 2021 - 2027, USD Million
TABLE 39 Europe Commercial LED Lighting Market by Country, 2017 - 2020, USD Million
TABLE 40 Europe Commercial LED Lighting Market by Country, 2021 - 2027, USD Million
TABLE 41 Europe Residential LED Lighting Market by Country, 2017 - 2020, USD Million
TABLE 42 Europe Residential LED Lighting Market by Country, 2021 - 2027, USD Million
TABLE 43 Europe Industrial LED Lighting Market by Country, 2017 - 2020, USD Million
TABLE 44 Europe Industrial LED Lighting Market by Country, 2021 - 2027, USD Million
TABLE 45 Europe Others LED Lighting Market by Country, 2017 - 2020, USD Million
TABLE 46 Europe Others LED Lighting Market by Country, 2021 - 2027, USD Million
TABLE 47 Europe LED Lighting Market by Country, 2017 - 2020, USD Million
TABLE 48 Europe LED Lighting Market by Country, 2021 - 2027, USD Million
TABLE 49 Germany LED Lighting Market, 2017 - 2020, USD Million
TABLE 50 Germany LED Lighting Market, 2021 - 2027, USD Million
TABLE 51 Germany LED Lighting Market by Product, 2017 - 2020, USD Million
TABLE 52 Germany LED Lighting Market by Product, 2021 - 2027, USD Million
TABLE 53 Germany LED Lighting Market by Luminaires Type, 2017 - 2020, USD Million
TABLE 54 Germany LED Lighting Market by Luminaires Type, 2021 - 2027, USD Million
TABLE 55 Germany LED Lighting Market by Lamps Type, 2017 - 2020, USD Million
TABLE 56 Germany LED Lighting Market by Lamps Type, 2021 - 2027, USD Million
TABLE 57 Germany LED Lighting Market by Application, 2017 - 2020, USD Million
TABLE 58 Germany LED Lighting Market by Application, 2021 - 2027, USD Million
TABLE 59 Germany LED Lighting Market by End Use, 2017 - 2020, USD Million
TABLE 60 Germany LED Lighting Market by End Use, 2021 - 2027, USD Million
TABLE 61 UK LED Lighting Market, 2017 - 2020, USD Million
TABLE 62 UK LED Lighting Market, 2021 - 2027, USD Million
TABLE 63 UK LED Lighting Market by Product, 2017 - 2020, USD Million
TABLE 64 UK LED Lighting Market by Product, 2021 - 2027, USD Million
TABLE 65 UK LED Lighting Market by Luminaires Type, 2017 - 2020, USD Million
TABLE 66 UK LED Lighting Market by Luminaires Type, 2021 - 2027, USD Million
TABLE 67 UK LED Lighting Market by Lamps Type, 2017 - 2020, USD Million
TABLE 68 UK LED Lighting Market by Lamps Type, 2021 - 2027, USD Million
TABLE 69 UK LED Lighting Market by Application, 2017 - 2020, USD Million
TABLE 70 UK LED Lighting Market by Application, 2021 - 2027, USD Million
TABLE 71 UK LED Lighting Market by End Use, 2017 - 2020, USD Million
TABLE 72 UK LED Lighting Market by End Use, 2021 - 2027, USD Million
TABLE 73 France LED Lighting Market, 2017 - 2020, USD Million
TABLE 74 France LED Lighting Market, 2021 - 2027, USD Million
TABLE 75 France LED Lighting Market by Product, 2017 - 2020, USD Million
TABLE 76 France LED Lighting Market by Product, 2021 - 2027, USD Million
TABLE 77 France LED Lighting Market by Luminaires Type, 2017 - 2020, USD Million
TABLE 78 France LED Lighting Market by Luminaires Type, 2021 - 2027, USD Million
TABLE 79 France LED Lighting Market by Lamps Type, 2017 - 2020, USD Million
TABLE 80 France LED Lighting Market by Lamps Type, 2021 - 2027, USD Million
TABLE 81 France LED Lighting Market by Application, 2017 - 2020, USD Million
TABLE 82 France LED Lighting Market by Application, 2021 - 2027, USD Million
TABLE 83 France LED Lighting Market by End Use, 2017 - 2020, USD Million
TABLE 84 France LED Lighting Market by End Use, 2021 - 2027, USD Million
TABLE 85 Russia LED Lighting Market, 2017 - 2020, USD Million
TABLE 86 Russia LED Lighting Market, 2021 - 2027, USD Million
TABLE 87 Russia LED Lighting Market by Product, 2017 - 2020, USD Million
TABLE 88 Russia LED Lighting Market by Product, 2021 - 2027, USD Million
TABLE 89 Russia LED Lighting Market by Luminaires Type, 2017 - 2020, USD Million
TABLE 90 Russia LED Lighting Market by Luminaires Type, 2021 - 2027, USD Million
TABLE 91 Russia LED Lighting Market by Lamps Type, 2017 - 2020, USD Million
TABLE 92 Russia LED Lighting Market by Lamps Type, 2021 - 2027, USD Million
TABLE 93 Russia LED Lighting Market by Application, 2017 - 2020, USD Million
TABLE 94 Russia LED Lighting Market by Application, 2021 - 2027, USD Million
TABLE 95 Russia LED Lighting Market by End Use, 2017 - 2020, USD Million
TABLE 96 Russia LED Lighting Market by End Use, 2021 - 2027, USD Million
TABLE 97 Spain LED Lighting Market, 2017 - 2020, USD Million
TABLE 98 Spain LED Lighting Market, 2021 - 2027, USD Million
TABLE 99 Spain LED Lighting Market by Product, 2017 - 2020, USD Million
TABLE 100 Spain LED Lighting Market by Product, 2021 - 2027, USD Million
TABLE 101 Spain LED Lighting Market by Luminaires Type, 2017 - 2020, USD Million
TABLE 102 Spain LED Lighting Market by Luminaires Type, 2021 - 2027, USD Million
TABLE 103 Spain LED Lighting Market by Lamps Type, 2017 - 2020, USD Million
TABLE 104 Spain LED Lighting Market by Lamps Type, 2021 - 2027, USD Million
TABLE 105 Spain LED Lighting Market by Application, 2017 - 2020, USD Million
TABLE 106 Spain LED Lighting Market by Application, 2021 - 2027, USD Million
TABLE 107 Spain LED Lighting Market by End Use, 2017 - 2020, USD Million
TABLE 108 Spain LED Lighting Market by End Use, 2021 - 2027, USD Million
TABLE 109 Italy LED Lighting Market, 2017 - 2020, USD Million
TABLE 110 Italy LED Lighting Market, 2021 - 2027, USD Million
TABLE 111 Italy LED Lighting Market by Product, 2017 - 2020, USD Million
TABLE 112 Italy LED Lighting Market by Product, 2021 - 2027, USD Million
TABLE 113 Italy LED Lighting Market by Luminaires Type, 2017 - 2020, USD Million
TABLE 114 Italy LED Lighting Market by Luminaires Type, 2021 - 2027, USD Million
TABLE 115 Italy LED Lighting Market by Lamps Type, 2017 - 2020, USD Million
TABLE 116 Italy LED Lighting Market by Lamps Type, 2021 - 2027, USD Million
TABLE 117 Italy LED Lighting Market by Application, 2017 - 2020, USD Million
TABLE 118 Italy LED Lighting Market by Application, 2021 - 2027, USD Million
TABLE 119 Italy LED Lighting Market by End Use, 2017 - 2020, USD Million
TABLE 120 Italy LED Lighting Market by End Use, 2021 - 2027, USD Million
TABLE 121 Rest of Europe LED Lighting Market, 2017 - 2020, USD Million
TABLE 122 Rest of Europe LED Lighting Market, 2021 - 2027, USD Million
TABLE 123 Rest of Europe LED Lighting Market by Product, 2017 - 2020, USD Million
TABLE 124 Rest of Europe LED Lighting Market by Product, 2021 - 2027, USD Million
TABLE 125 Rest of Europe LED Lighting Market by Luminaires Type, 2017 - 2020, USD Million
TABLE 126 Rest of Europe LED Lighting Market by Luminaires Type, 2021 - 2027, USD Million
TABLE 127 Rest of Europe LED Lighting Market by Lamps Type, 2017 - 2020, USD Million
TABLE 128 Rest of Europe LED Lighting Market by Lamps Type, 2021 - 2027, USD Million
TABLE 129 Rest of Europe LED Lighting Market by Application, 2017 - 2020, USD Million
TABLE 130 Rest of Europe LED Lighting Market by Application, 2021 - 2027, USD Million
TABLE 131 Rest of Europe LED Lighting Market by End Use, 2017 - 2020, USD Million
TABLE 132 Rest of Europe LED Lighting Market by End Use, 2021 - 2027, USD Million
TABLE 133 key information – Dialight PLC
TABLE 134 key information – LSI Industries, Inc.
TABLE 135 key information – Zumtobel Group AG
TABLE 136 key information – Heliospectra AB
TABLE 137 key information – Nichia Corporation
TABLE 138 key information – Seoul Semiconductor Co., Ltd.
TABLE 139 key information – Lumileds Holding B.V.
TABLE 140 Key Information – Signify N.V.
TABLE 141 Key Information – Hubbell, Inc.
TABLE 142 Key Information – Acuity Brands Lighting, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2018, Mar – 2021, Apr) Leading Players
FIG 5 Recent strategies and developments: Dialight PLC
FIG 6 Recent strategies and developments: LSI Industries, Inc.
FIG 7 Recent strategies and developments: Heliospectra AB
FIG 9 Recent strategies and developments: Nichia Corporation
FIG 10 Recent strategies and developments: Seoul Semiconductor Co., Ltd.
FIG 11 Recent strategies and developments: Signify N.V.
FIG 12 Recent strategies and developments: Acuity Brands Lighting, Inc.