The Europe Energy Efficient Lighting Market would witness market growth of 7.8% CAGR during the forecast period (2022-2028).
External lighting, indoor lighting for residential buildings, and internal lighting for commercial buildings can all benefit from these energy-saving strategies. These programs not only lower energy consumption, but also improve lighting quality, improve safety and employee well-being, and reduce environmental impacts.
By replacing high power consumption lights such as incandescent, high discharge lamps, and so on with energy efficient lighting, more light may be produced from fewer lights. GPRS, GSM, and SCADA are just a few of the control technologies that employ this technology. Low-wattage lighting accessories, such as electronic ballasts and fixtures, are also being used to replace high-wattage lighting accessories. Traditional lighting (such as incandescent bulbs) is being replaced with energy efficient lighting (such as fluorescent lamps, CFL lighting, and LED lamps).
Lighting systems that have undergone technological improvements provide not only energy efficiency but also other advantages such as light ambiance and warmth. Additionally, these lighting systems improve the aesthetic appeal of the home while lowering the need for artificial heating and cooling, increasing product demand.
As part of the UK's larger efforts to combat climate change, the government stated on June 9, 2021, that the sale of halogen light bulbs will be phased out beginning in September. Fluorescent lights will be removed from shelves in September 2023, according to legislation introduced this month. Around two-thirds of bulbs sold in the United Kingdom are LED lights, which has had a significant impact on the country's building energy efficiency. They last 5 times longer and generate the same amount of light as typical halogen lightbulbs while using up to 80% less energy.
Higher-energy halogen lightbulbs were phased out of the UK market in 2018. From September 1, stores in the UK will be unable to sell the majority of halogen bulbs for regular household use due to the new legislation. To assist individuals in making the changeover, authorities have announced that all light bulbs would begin to have updated energy saving recommendations on their boxes via 'rescaled' energy labeling. The labels will replace the A+, A++, and A+++ designations with a new A-G scale that will simplify the way energy efficiency is displayed. The new labeling will raise the threshold for each class, ensuring that only a small percentage of bulbs are classed as A, allowing consumers to choose the most ecologically beneficial bulbs.
The Germany market dominated the Europe Energy Efficient Lighting Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $5,684.1 Million by 2028. The UK market is poised to grow at a CAGR of 6.9% during (2022 - 2028). Additionally, The France market would display a CAGR of 8.6% during (2022 - 2028).
Based on Type, the market is segmented into Light Emitting Diodes (LED), Linear Fluorescent Lamps (LFL), High-Intensity Discharge Lamps (HID) and Others. Based on Application, the market is segmented into Commercial, Industrial, and Home. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The North America Energy Efficient Lighting Market would witness market growth of 12.5% CAGR during the forecast period (2022-2028).
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ams-OSRAM AG, Signify N.V., Savant Systems, Inc., Toshiba Corporation, ABB Group, Schneider Electric SE, Advanced Lighting Technologies Australia, Inc., Nichia Corporation, Bridgelux, Inc., and Digital Lumens, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Light Emitting Diodes (LED)
- Linear Fluorescent Lamps (LFL)
- High-Intensity Discharge Lamps (HID)
- Others
By Application
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- ams-OSRAM AG
- Signify N.V.
- Savant Systems, Inc.
- Toshiba corporation
- ABB Group
- Schneider Electric SE
- Advanced Lighting Technologies Australia, Inc.
- Nichia Corporation
- Bridgelux, Inc.
- Digital Lumens, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Energy Efficient Lighting Market, by Type
1.4.2 Europe Energy Efficient Lighting Market, by Application
1.4.3 Europe Energy Efficient Lighting Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 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 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Product Launches and Product Expansions : 2018, Mar – 2022, May) Leading Players
Chapter 4. Europe Energy Efficient Lighting Market by Type
4.1 Europe Light Emitting Diodes (LED) Market by Country
4.2 Europe Linear Fluorescent Lamps (LFL) Market by Country
4.3 Europe High-Intensity Discharge Lamps (HID) Market by Country
4.4 Europe Others Market by Country
Chapter 5. Europe Energy Efficient Lighting Market by Application
5.1 Europe Commercial Market by Country
5.2 Europe Industrial Market by Country
5.3 Europe Home Market by Country
Chapter 6. Europe Energy Efficient Lighting Market by Country
6.1 Germany Energy Efficient Lighting Market
6.1.1 Germany Energy Efficient Lighting Market by Type
6.1.2 Germany Energy Efficient Lighting Market by Application
6.2 UK Energy Efficient Lighting Market
6.2.1 UK Energy Efficient Lighting Market by Type
6.2.2 UK Energy Efficient Lighting Market by Application
6.3 France Energy Efficient Lighting Market
6.3.1 France Energy Efficient Lighting Market by Type
6.3.2 France Energy Efficient Lighting Market by Application
6.4 Russia Energy Efficient Lighting Market
6.4.1 Russia Energy Efficient Lighting Market by Type
6.4.2 Russia Energy Efficient Lighting Market by Application
6.5 Spain Energy Efficient Lighting Market
6.5.1 Spain Energy Efficient Lighting Market by Type
6.5.2 Spain Energy Efficient Lighting Market by Application
6.6 Italy Energy Efficient Lighting Market
6.6.1 Italy Energy Efficient Lighting Market by Type
6.6.2 Italy Energy Efficient Lighting Market by Application
6.7 Rest of Europe Energy Efficient Lighting Market
6.7.1 Rest of Europe Energy Efficient Lighting Market by Type
6.7.2 Rest of Europe Energy Efficient Lighting Market by Application
Chapter 7. Company Profiles
7.1 ABB Group
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Product Launches and Product Expansions:
7.1.5.3 Acquisition and Mergers:
7.1.6 SWOT Analysis
7.2 Toshiba Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research and Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.2.6 SWOT Analysis
7.3 Schneider Electric SE
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental And Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.5.2 Acquisition and Mergers:
7.3.6 SWOT Analysis
7.4 Signify N.V.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.5.2 Acquisition and Mergers:
7.4.5.3 Product Launches and Product Expansions:
7.5 ams-OSRAM AG
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Product Launches and Product Expansions:
7.6 Nichia Corporation
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Product Launches and Product Expansions:
7.7 Savant Systems, Inc.
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Partnerships, Collaborations, and Agreements:
7.7.2.2 Product Launches and Product Expansions:
7.7.2.3 Acquisition and Mergers:
7.8 Advanced Lighting Technologies Australia, Inc.
7.8.1 Company Overview
7.9 Bridge lux, Inc.
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Partnerships, Collaborations, and Agreements:
7.9.2.2 Product Launches and Product Expansions:
7.10. Digital Lumens, Inc.
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Product Launches and Product Expansions:
TABLE 1 Europe Energy Efficient Lighting Market, 2018 - 2021, USD Million
TABLE 2 Europe Energy Efficient Lighting Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Energy Efficient Lighting Market
TABLE 4 Product Launches And Product Expansions– Energy Efficient Lighting Market
TABLE 5 Acquisition and Mergers– Energy Efficient Lighting Market
TABLE 6 Europe Energy Efficient Lighting Market by Type, 2018 - 2021, USD Million
TABLE 7 Europe Energy Efficient Lighting Market by Type, 2022 - 2028, USD Million
TABLE 8 Europe Light Emitting Diodes (LED) Market by Country, 2018 - 2021, USD Million
TABLE 9 Europe Light Emitting Diodes (LED) Market by Country, 2022 - 2028, USD Million
TABLE 10 Europe Linear Fluorescent Lamps (LFL) Market by Country, 2018 - 2021, USD Million
TABLE 11 Europe Linear Fluorescent Lamps (LFL) Market by Country, 2022 - 2028, USD Million
TABLE 12 Europe High-Intensity Discharge Lamps (HID) Market by Country, 2018 - 2021, USD Million
TABLE 13 Europe High-Intensity Discharge Lamps (HID) Market by Country, 2022 - 2028, USD Million
TABLE 14 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 15 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 16 Europe Energy Efficient Lighting Market by Application, 2018 - 2021, USD Million
TABLE 17 Europe Energy Efficient Lighting Market by Application, 2022 - 2028, USD Million
TABLE 18 Europe Commercial Market by Country, 2018 - 2021, USD Million
TABLE 19 Europe Commercial Market by Country, 2022 - 2028, USD Million
TABLE 20 Europe Industrial Market by Country, 2018 - 2021, USD Million
TABLE 21 Europe Industrial Market by Country, 2022 - 2028, USD Million
TABLE 22 Europe Home Market by Country, 2018 - 2021, USD Million
TABLE 23 Europe Home Market by Country, 2022 - 2028, USD Million
TABLE 24 Europe Energy Efficient Lighting Market by Country, 2018 - 2021, USD Million
TABLE 25 Europe Energy Efficient Lighting Market by Country, 2022 - 2028, USD Million
TABLE 26 Germany Energy Efficient Lighting Market, 2018 - 2021, USD Million
TABLE 27 Germany Energy Efficient Lighting Market, 2022 - 2028, USD Million
TABLE 28 Germany Energy Efficient Lighting Market by Type, 2018 - 2021, USD Million
TABLE 29 Germany Energy Efficient Lighting Market by Type, 2022 - 2028, USD Million
TABLE 30 Germany Energy Efficient Lighting Market by Application, 2018 - 2021, USD Million
TABLE 31 Germany Energy Efficient Lighting Market by Application, 2022 - 2028, USD Million
TABLE 32 UK Energy Efficient Lighting Market, 2018 - 2021, USD Million
TABLE 33 UK Energy Efficient Lighting Market, 2022 - 2028, USD Million
TABLE 34 UK Energy Efficient Lighting Market by Type, 2018 - 2021, USD Million
TABLE 35 UK Energy Efficient Lighting Market by Type, 2022 - 2028, USD Million
TABLE 36 UK Energy Efficient Lighting Market by Application, 2018 - 2021, USD Million
TABLE 37 UK Energy Efficient Lighting Market by Application, 2022 - 2028, USD Million
TABLE 38 France Energy Efficient Lighting Market, 2018 - 2021, USD Million
TABLE 39 France Energy Efficient Lighting Market, 2022 - 2028, USD Million
TABLE 40 France Energy Efficient Lighting Market by Type, 2018 - 2021, USD Million
TABLE 41 France Energy Efficient Lighting Market by Type, 2022 - 2028, USD Million
TABLE 42 France Energy Efficient Lighting Market by Application, 2018 - 2021, USD Million
TABLE 43 France Energy Efficient Lighting Market by Application, 2022 - 2028, USD Million
TABLE 44 Russia Energy Efficient Lighting Market, 2018 - 2021, USD Million
TABLE 45 Russia Energy Efficient Lighting Market, 2022 - 2028, USD Million
TABLE 46 Russia Energy Efficient Lighting Market by Type, 2018 - 2021, USD Million
TABLE 47 Russia Energy Efficient Lighting Market by Type, 2022 - 2028, USD Million
TABLE 48 Russia Energy Efficient Lighting Market by Application, 2018 - 2021, USD Million
TABLE 49 Russia Energy Efficient Lighting Market by Application, 2022 - 2028, USD Million
TABLE 50 Spain Energy Efficient Lighting Market, 2018 - 2021, USD Million
TABLE 51 Spain Energy Efficient Lighting Market, 2022 - 2028, USD Million
TABLE 52 Spain Energy Efficient Lighting Market by Type, 2018 - 2021, USD Million
TABLE 53 Spain Energy Efficient Lighting Market by Type, 2022 - 2028, USD Million
TABLE 54 Spain Energy Efficient Lighting Market by Application, 2018 - 2021, USD Million
TABLE 55 Spain Energy Efficient Lighting Market by Application, 2022 - 2028, USD Million
TABLE 56 Italy Energy Efficient Lighting Market, 2018 - 2021, USD Million
TABLE 57 Italy Energy Efficient Lighting Market, 2022 - 2028, USD Million
TABLE 58 Italy Energy Efficient Lighting Market by Type, 2018 - 2021, USD Million
TABLE 59 Italy Energy Efficient Lighting Market by Type, 2022 - 2028, USD Million
TABLE 60 Italy Energy Efficient Lighting Market by Application, 2018 - 2021, USD Million
TABLE 61 Italy Energy Efficient Lighting Market by Application, 2022 - 2028, USD Million
TABLE 62 Rest of Europe Energy Efficient Lighting Market, 2018 - 2021, USD Million
TABLE 63 Rest of Europe Energy Efficient Lighting Market, 2022 - 2028, USD Million
TABLE 64 Rest of Europe Energy Efficient Lighting Market by Type, 2018 - 2021, USD Million
TABLE 65 Rest of Europe Energy Efficient Lighting Market by Type, 2022 - 2028, USD Million
TABLE 66 Rest of Europe Energy Efficient Lighting Market by Application, 2018 - 2021, USD Million
TABLE 67 Rest of Europe Energy Efficient Lighting Market by Application, 2022 - 2028, USD Million
TABLE 68 Key Information – ABB Group
TABLE 69 Key Information – Toshiba Corporation
TABLE 70 Key information – Schneider Electric SE
TABLE 71 Key Information – Signify N.V.
TABLE 72 Key Information – ams-OSRAM AG
TABLE 73 key information – Nichia Corporation
TABLE 74 Key Information – Savant Systems, Inc.
TABLE 75 Key Information – Advanced Lighting Technologies Australia, Inc.
TABLE 76 Key Information – Bridgelux, Inc.
TABLE 77 Key Information – Digital Lumens, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Key Strategic Move: (Product Launches and Product Expansions : 2018, Mar – 2022, May) Leading Players
FIG 6 Recent strategies and developments: ABB Group
FIG 7 SWOT Analysis: ABB Group
FIG 8 SWOT Analysis: Toshiba Corporation
FIG 9 Recent strategies and developments: Schneider Electric SE
FIG 10 Swot analysis: Schneider Electric SE
FIG 11 Recent strategies and developments: Signify N.V.
FIG 12 Recent strategies and developments: Savant Systems, Inc.
FIG 13 Recent strategies and developments: Bridgelux, Inc.