Global Indoor LED Lighting Market to 2032
Overview
The Global Indoor LED Lighting Market is expected to reach a 47.12 USD Billion by 2032 and is projected to grow at a CAGR of 8.94% from 2025 to 2032.
Revenue, 2024 (USD Billion)
23.09
Forecast, 2032 (USD Billion)
47.12
CAGR, 2024 - 2032
8.94%
Report Coverage
Global
Global Indoor LED Lighting Market 2018-2032 USD Billion
Global Indoor LED Lighting Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 23.09 USD Billion
- Projected Market Size (2032): 47.12 USD Billion
- CAGR (2025-2032): 8.94%
Key Findings of Global Indoor LED Lighting Market
- The Global Indoor LED Lighting Market was valued at 47.12 USD Billion in 2024.
- The Global Indoor LED Lighting Market is likely to grow at a CAGR of 8.94% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment New Installation in Installation Type Segment accounted for the largest share of the market with a revenue of 14.13 USD Billion
- The fastest growing segment 50 W- 150 W in Wattage Type Segment grew Fastest with a CAGR of 9.60% during the forecast period from 2024 to 2032.
Global Indoor LED Lighting Market Scope
Global Indoor LED Lighting Market Segmentation & Scope
Wattage Type
- More than 150 W
- 50 W- 150 W
- Less Than 50 W
Installation Type
- Retrofit Installation
- New Installation
Offering
- Services
- Software
- Hardware
Application
- Automotive
- Residential
- Commercial
Global Indoor LED Lighting Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2019 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 23.09 USD Billion |
| Market Value in 2032 | 47.12 USD Billion |
| CAGR (2025-2032) | 8.94% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Wattage Type,Installation Type,Offering,Application |
Regional Insights:
-
Leading Market (2024-2032): Global, leading in terms of revenue 23.09 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 5,417.81 USD Million in 2024.
Segments and Scope
-
Global Indoor LED Lighting Market to 2032, By Wattage Type
- Less Than 50 W is the largest segment in Global Indoor LED Lighting Market to 2032 with a revenue of 11.05 USD Billion in the year 2024.
- 50 W- 150 W is the Fastest growing segment in Global Indoor LED Lighting Market to 2032 with a Growth rate of 8.78 % in forecast period 2025-2032.
-
Global Indoor LED Lighting Market to 2032, By Installation Type
- New Installation is the largest segment in Global Indoor LED Lighting Market to 2032 with a revenue of 14.13 USD Billion in the year 2024.
- New Installation is the Fastest growing segment in Global Indoor LED Lighting Market to 2032 with a Growth rate of 9.22 % in forecast period 2025-2032.
-
Global Indoor LED Lighting Market to 2032, By Offering
- Hardware is the largest segment in Global Indoor LED Lighting Market to 2032 with a revenue of 13.56 USD Billion in the year 2024.
- Hardware is the Fastest growing segment in Global Indoor LED Lighting Market to 2032 with a Growth rate of 9.50 % in forecast period 2025-2032.
-
Global Indoor LED Lighting Market to 2032, By Application
- Commercial is the largest segment in Global Indoor LED Lighting Market to 2032 with a revenue of 13.43 USD Billion in the year 2024.
- Commercial is the Fastest growing segment in Global Indoor LED Lighting Market to 2032 with a Growth rate of 9.40 % in forecast period 2025-2032.
Global Indoor LED Lighting Market Company Share Analysis
| Company Name |
|
||
| Signify Holding | |||
| GENERAL ELECTRIC | |||
| Eaton | |||
| WOLFSPEED, INC. | |||
| OSRAM GmbH | |||
Global Indoor LED Lighting Market Geographical Sales Distribution, 2018-2032 USD Billion
Global Indoor LED Lighting Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Global Indoor LED Lighting Market is segmented based on Segmentation Wattage Type,Installation Type,Offering,Application.
Global Indoor LED Lighting Market was valued at USD 23.09(Revenue in USD Billion) in 2019.
Global Indoor LED Lighting Market is projected to grow at a CAGR of 8.94% during the forecast period of 2024 to 2032.
The New Installation segment is expected to dominate the Global Indoor LED Lighting Market, holding a largest market share of 14.13 USD Billion in 2024
Global Indoor LED Lighting Market Scope
Global Indoor LED Lighting Market Segmentation & Scope
Wattage Type
- More than 150 W
- 50 W- 150 W
- Less Than 50 W
Installation Type
- Retrofit Installation
- New Installation
Offering
- Services
- Software
- Hardware
Application
- Automotive
- Residential
- Commercial
Frequently Asked Questions
The Global Indoor LED Lighting Market is segmented based on Segmentation Wattage Type,Installation Type,Offering,Application.
Global Indoor LED Lighting Market was valued at USD 23.09(Revenue in USD Billion) in 2019.
Global Indoor LED Lighting Market is projected to grow at a CAGR of 8.94% during the forecast period of 2024 to 2032.
The estimated market value of the Global Indoor LED Lighting Market for final year is USD 47.12 (USD Billion).
Global Indoor LED Lighting Market Company Profiling
Frequently Asked Questions
The Global Indoor LED Lighting Market is segmented based on Segmentation Wattage Type,Installation Type,Offering,Application.
Global Indoor LED Lighting Market was valued at USD 23.09(Revenue in USD Billion) in 2019.
Global Indoor LED Lighting Market is projected to grow at a CAGR of 8.94% during the forecast period of 2024 to 2032.
The estimated market value of the Global Indoor LED Lighting Market for final year is USD 47.12 (USD Billion).
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