The world market for lighting fixtures reached a value of USD 97 billion in 2023. After some fluctuating performance in the post-pandemic period, it is expected to remain stable in 2024, followed by moderate growth in 2025 and 2026. The major consuming countries are the US, China, Japan, India and Germany. The twenty-six edition of CSIL research “Lighting: World market outlook” analyzes, through tables and graphs, data on lighting fixtures production, consumption and international trade at worldwide level as a whole and for 70 considered countries, for the years 2013-2022 and 2023 preliminary. lighting fixtures market forecasts for the next three years (2024-2026) are also provided
The 16th edition of The Lighting Fixtures market in China offers an accurate and in-deep analysis of the lighting fixtures industry in China, providing data and trends for the period 2017-2022 and forecasts up to 2025. From one hand, the report analyses the main trends affecting the market over the last five years, considering the production, consumption, imports and exports of lighting fixtures in the country. On the other hand, it offers an analysis of the supply structure and the competitive system, an overview on smart connected lighting trend, the distribution system and the main players operating in the market
The total US lighting market is estimated to be worth around USD 26 billion in 2022. This value includes lighting fixtures and lamps. The US lighting market during 2022 registers a 6.5% growth in nominal terms as for lighting fixtures (consumer, professional, outdoor), up to 23.2 billion USD. The lamps market registers a decrease (about -2.9%). The residential segment has grown well above the market average (+5.9% on average over the last five years). In 2022, the weight of Office and Entertainment on the overall commercial lighting market has declined, while Hospitality and Public premises grew. In 2022, the value of completed construction grew by more than 10 percent to nearly USD 1.8 billion
