Press release
Lamp Market Poised for 4.67% CAGR Through 2030
Lamp Market
The global lamp market, valued at USD 50.91 billion in 2023, is anticipated to grow at a compound annual growth rate (CAGR) of 4.67% during the forecast period, reaching approximately USD 70.07 billion by 2030.
๐๐๐ฆ๐ฉ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
The increasing adoption of energy-efficient lighting solutions, such as LED and fluorescent lamps, is a significant driver of market growth. These technologies offer substantial energy savings and longer lifespans compared to traditional incandescent bulbs. Additionally, government initiatives promoting energy conservation and the phasing out of incandescent bulbs are propelling the demand for advanced lighting solutions.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐ญ๐๐ค๐ ๐ ๐ฌ๐ง๐๐๐ค ๐ฉ๐๐๐ค? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ ๐ฌ๐๐ ๐ฐ๐ก๐๐ญ'๐ฌ ๐ข๐ง๐ฌ๐ข๐๐: https://www.maximizemarketresearch.com/request-sample/146863/
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
๐จ๐๐๐-๐ท๐๐๐๐๐๐ (๐จ๐ท๐จ๐ช): APAC is expected to hold the highest share in the global lamp market, driven by rapid urbanization, infrastructural developments, and increasing consumer awareness regarding energy-efficient lighting solutions.
๐ต๐๐๐๐ ๐จ๐๐๐๐๐๐: The region's growth is supported by the presence of key players and the early adoption of advanced lighting technologies.
๐๐๐ฆ๐ฉ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
๐ณ๐๐๐ ๐ด๐๐๐๐๐ ๐ถ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐ฝ๐๐๐๐๐๐
Vietnam's LED lighting market is experiencing significant growth, with an annual increase of 35% in the LED lamp segment. The market reached USD 677.66 million in 2023 and is expected to grow at a CAGR of 6.8% during the forecast period, attaining USD 1,225.04 million by 2032. This growth is attributed to the expansion of commercial offices and substantial foreign investment.
๐ณ๐๐๐ ๐ด๐๐๐๐๐ ๐ฎ๐๐๐๐๐ ๐๐ ๐ป๐๐๐๐๐๐๐
Thailand's lighting market is witnessing a shift towards energy-efficient solutions, with increasing adoption of LED lamps in residential and commercial sectors. Government initiatives promoting energy conservation are further driving this trend.
๐ณ๐๐๐ ๐ด๐๐๐๐๐ ๐ป๐๐๐๐ ๐ ๐๐ ๐ฑ๐๐๐๐
Japan's emphasis on technological innovation and energy efficiency has led to a growing demand for advanced lighting solutions, including LED and smart lighting systems. The market is characterized by continuous product development and adoption of cutting-edge technologies.
Lamp Market Consolidation in South Korea
South Korea's lighting industry is marked by significant investments in research and development, focusing on energy-efficient and smart lighting solutions. The market is witnessing consolidation as companies strive to enhance their market presence and technological capabilities.
Lamp Market Updation in Singapore
Singapore's commitment to sustainability and smart city initiatives is driving the adoption of advanced lighting solutions. The market is evolving with the integration of smart technologies and energy-efficient lighting systems in urban infrastructure.
Lamp Market Developments in the United States
The U.S. lighting market is characterized by a strong shift towards LED and smart lighting solutions, driven by energy efficiency regulations and consumer demand for innovative products. Key players are focusing on mergers and acquisitions to expand their product portfolios and market reach.
Lamp Market Innovations in Europe
Europe's stringent energy efficiency regulations and emphasis on sustainability are propelling the adoption of advanced lighting solutions. The market is witnessing innovations in smart lighting systems and increased investments in energy-efficient technologies.
๐ ๐จ๐ซ ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐จ๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ฌ๐ญ๐ฎ๐๐ฒ, ๐ง๐๐ฏ๐ข๐ ๐๐ญ๐ ๐ญ๐จ: https://www.maximizemarketresearch.com/request-sample/146863/
๐๐๐ฆ๐ฉ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
๐๐ฒ ๐๐ฒ๐ฉ๐
Electrical Discharge
Filament
Depending on the type , In the coming years , the market for electric discharge lamps is expected to grow rapidly . Over the past decade , the growing demand for CFLs has driven sales growth in this sector . The increase in popularity of these lamps can be explained by their longevity , efficiency and reliability . Since fluorescent lamps are more economical , the market for these lamps has grown considerably . A fluorescent lamp allows for energy savings of 25 to 35 % . In addition , they generate less heat than halogen or incandescent lamps .
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Indoor
Outdoor
According to Application , indoor applications accounted for the largest share of revenue and are expected to continue to dominate the sector in the coming years . Industrial demand will be influenced by increasing use of lamps in residential , commercial and industrial sectors . The market for energy - saving lamps has been driven by rising living standards and greater awareness of the benefits of the practice .โโโโ Halogen and fluorescent lamps are rapidly being used in the home , hospitality and healthcare sectors , which has led to an increase in the market .โ The market for lamps has increased due to their increasing usage in various indoor and outdoor applications such as homes , commercial , industrial , roads and cars .โโโ
๐๐ฒ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ
LED
Fluorescent
Halogen
Others
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ
Reading Lamps
Decorative Lamps
Others
๐๐ฒ ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ
Offline Channel
Online Channel
๐๐จ๐จ๐ค๐ข๐ง๐ ๐๐จ๐ซ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ? ๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐ฌ๐ฎ๐ฆ๐ฆ๐๐ซ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐ค๐๐ฒ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/96022/
๐๐๐ฆ๐ฉ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฃ๐จ๐ซ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ:
North America
1. Amglo Kemlite Corp
2. EiKO Global, LLC
3. Interlective Corp
4. General Electric
5. Maxlite
6. Eye Lighting International
7. Federal Mogul Corporation
8. Astec Industries Inc
9. Tenneco Inc.
10. Donghia Inc
Europe
11. Osram Licht
12. Siemens AG
13. Philips Electronics
Asia Pacific
14. Hamamastu
15. Samsung
16. Havells India Ltd.
17. Bajaj Group
18. Ajanta Manufacturing Pvt. Ltd. (OREVA Group)
19. Panasonic Corporation
20. Stanley Electric Company
21. Toshiba Corporation
22. SYSKA LED.
23. Opple Lighting
๐๐๐ญ๐๐ฌ๐ญ ๐๐ฎ๐ญ๐ญ๐ข๐ง๐ -๐๐๐ ๐ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐๐ซ๐จ๐ฆ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐ข๐ฌ ๐ง๐จ๐ฐ ๐ญ๐ซ๐๐ง๐๐ข๐ง๐ :
Nepheline Market https://www.maximizemarketresearch.com/market-report/nepheline-market/187688/
Hot Dog Market https://www.maximizemarketresearch.com/market-report/hot-dog-market/194027/
Avocado-Based Products Market https://www.maximizemarketresearch.com/market-report/avocado-based-products-market/194889/
South America UV LED Market https://www.maximizemarketresearch.com/market-report/south-america-uv-led-market/195631/
Power MOSFET Market https://www.maximizemarketresearch.com/market-report/global-power-mosfet-market/35689/
Global Patch Cable Market https://www.maximizemarketresearch.com/market-report/global-patch-cable-market/75915/
Wind Turbine Inspection Services Market https://www.maximizemarketresearch.com/market-report/wind-turbine-inspection-services-market/77606/
Polyvinylidene Fluoride (PVDF) Market https://www.maximizemarketresearch.com/market-report/polyvinylidene-fluoride-pvdf-market/40002/
Gate Driver IC Market https://www.maximizemarketresearch.com/market-report/gate-driver-ic-market/126324/
Global Tremor Proof Devices Market https://www.maximizemarketresearch.com/market-report/global-tremor-proof-devices-market/84520/
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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