The Europe Lamps Market would witness market growth of 5.0% CAGR during the forecast period (2023-2030).
People may now afford a wider selection of lighting services, especially in emerging nations, owing to rising disposable income among consumers and falling lighting product prices. The rising demand for lighting services is further fueled by a burgeoning population and an increase in houses. The requirement to illuminate larger places drives the need for lighting services in the business sector.
An increasing preference for lighting solutions that use the least energy is also a growing trend aiding in expanding the market. Energy efficiency has become a crucial factor for both consumers and enterprises. Compared to conventional lighting solutions, desk and floor lamps with light-emitting diode (LED) technology provide significant energy savings. Due to their high efficiency, LEDs use less energy as heat and convert a greater proportion of electrical energy into visible light.
The energy-saving and environmentally friendly attributes of desk and floor lamps based on LEDs align with the ideals of environmentally concerned consumers who prioritize lowering their energy consumption and carbon emissions. Additionally, LED lamps are an appealing long-term investment for residential and commercial customers due to the cost benefits connected to energy-efficient lighting solutions, such as decreased power bills and reduced maintenance costs. The demand for energy-efficient lamps is also increasing because of the growing government support and rules.
Many European nations, including the United Kingdom, want their carbon emissions to be zero by 2050. On the basis of this objective, local manufacturing firms are investing a lot in lighting technologies. Over the projection period, it is anticipated that an increase in the number of strict government restrictions, such as the prohibition of less-efficient sources of lighting as well as incentives and rebates on LED lighting, will considerably drive the market. In addition, this region has several standards that control the performance and safety of parking lighting, garage lighting, and street lighting. Therefore, the regional market is expanding due to rising energy-saving consciousness.
The Germany market dominated the Europe Lamps Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $418.2 million by 2030. The UK market is poised to grow at a CAGR of 4.1% during (2023 - 2030). Additionally, The France market would witness a CAGR of 5.8% during (2023 - 2030).
Based on Product, the market is segmented into Desk Lamp, and Floor Lamp. Based on Type, the market is segmented into Decorative Lamp, and Reading Lamp. Based on Application, the market is segmented into Commercial/Hospitality, and Residential/Retail. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Lamps Market is Projected to reach USD 6.5 Billion by 2030, at a CAGR of 5.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Panasonic Holdings Corporation, Koninklijke Philips N.V., Stanley Electric Co. Ltd., ams-OSRAM AG, General Electric Company, Toshiba Corporation, Siemens AG, Samsung Electronics Co., Ltd. (Samsung Group), OPPLE Lighting Co Ltd., and Maxlite, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Product
By Type
- Decorative Lamp
- Reading Lamp
By Application
- Commercial/Hospitality
- Residential/Retail
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Panasonic Holdings Corporation
- Koninklijke Philips N.V.
- Stanley Electric Co. Ltd.
- ams-OSRAM AG
- General Electric Company
- Toshiba Corporation
- Siemens AG
- Samsung Electronics Co., Ltd. (Samsung Group)
- OPPLE Lighting Co Ltd.
- Maxlite, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Lamps Market, by Product
1.4.2 Europe Lamps Market, by Type
1.4.3 Europe Lamps Market, by Application
1.4.4 Europe Lamps Market, by Country
1.5 Methodology for the research
Chapter 2. Market At a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Force Analysis
Chapter 4. Europe Lamps Market by Product
4.1 Europe Desk Lamp Market by Country
4.2 Europe Floor Lamp Market by Country
Chapter 5. Europe Lamps Market by Type
5.1 Europe Decorative Lamp Market by Country
5.2 Europe Reading Lamp Market by Country
Chapter 6. Europe Lamps Market by Application
6.1 Europe Commercial/Hospitality Market by Country
6.2 Europe Residential/Retail Market by Country
Chapter 7. Europe Lamps Market by Country
7.1 Germany Lamps Market
7.1.1 Germany Lamps Market by Product
7.1.2 Germany Lamps Market by Type
7.1.3 Germany Lamps Market by Application
7.2 UK Lamps Market
7.2.1 UK Lamps Market by Product
7.2.2 UK Lamps Market by Type
7.2.3 UK Lamps Market by Application
7.3 France Lamps Market
7.3.1 France Lamps Market by Product
7.3.2 France Lamps Market by Type
7.3.3 France Lamps Market by Application
7.4 Russia Lamps Market
7.4.1 Russia Lamps Market by Product
7.4.2 Russia Lamps Market by Type
7.4.3 Russia Lamps Market by Application
7.5 Spain Lamps Market
7.5.1 Spain Lamps Market by Product
7.5.2 Spain Lamps Market by Type
7.5.3 Spain Lamps Market by Application
7.6 Italy Lamps Market
7.6.1 Italy Lamps Market by Product
7.6.2 Italy Lamps Market by Type
7.6.3 Italy Lamps Market by Application
7.7 Rest of Europe Lamps Market
7.7.1 Rest of Europe Lamps Market by Product
7.7.2 Rest of Europe Lamps Market by Type
7.7.3 Rest of Europe Lamps Market by Application
Chapter 8. Company Profiles
8.1 Panasonic Holdings Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.6 SWOT Analysis
8.2 Koninklijke Philips N.V.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 SWOT Analysis
8.3 Stanley Electric Co. Ltd.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental Analysis
8.3.4 SWOT Analysis
8.4 ams-OSRAM AG
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 SWOT Analysis
8.5 General Electric Company
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 SWOT Analysis
8.6 Toshiba Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research and Development Expense
8.6.5 SWOT Analysis
8.7 Siemens AG
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 SWOT Analysis
8.8 Samsung Electronics Co., Ltd. (Samsung Group)
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 SWOT Analysis
8.9 OPPLE Lighting Co Ltd.
8.9.1 Company Overview
8.9.2 SWOT Analysis
8.10. Maxlite, Inc.
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Product Launches and Product Expansions:
8.10.3 SWOT Analysis
TABLE 1 Europe Lamps Market, 2019 - 2022, USD Million
TABLE 2 Europe Lamps Market, 2023 - 2030, USD Million
TABLE 3 Europe Lamps Market by Product, 2019 - 2022, USD Million
TABLE 4 Europe Lamps Market by Product, 2023 - 2030, USD Million
TABLE 5 Europe Desk Lamp Market by Country, 2019 - 2022, USD Million
TABLE 6 Europe Desk Lamp Market by Country, 2023 - 2030, USD Million
TABLE 7 Europe Floor Lamp Market by Country, 2019 - 2022, USD Million
TABLE 8 Europe Floor Lamp Market by Country, 2023 - 2030, USD Million
TABLE 9 Europe Lamps Market by Type, 2019 - 2022, USD Million
TABLE 10 Europe Lamps Market by Type, 2023 - 2030, USD Million
TABLE 11 Europe Decorative Lamp Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe Decorative Lamp Market by Country, 2023 - 2030, USD Million
TABLE 13 Europe Reading Lamp Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Reading Lamp Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe Lamps Market by Application, 2019 - 2022, USD Million
TABLE 16 Europe Lamps Market by Application, 2023 - 2030, USD Million
TABLE 17 Europe Commercial/Hospitality Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Commercial/Hospitality Market by Country, 2023 - 2030, USD Million
TABLE 19 Europe Residential/Retail Market by Country, 2019 - 2022, USD Million
TABLE 20 Europe Residential/Retail Market by Country, 2023 - 2030, USD Million
TABLE 21 Europe Lamps Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Lamps Market by Country, 2023 - 2030, USD Million
TABLE 23 Germany Lamps Market, 2019 - 2022, USD Million
TABLE 24 Germany Lamps Market, 2023 - 2030, USD Million
TABLE 25 Germany Lamps Market by Product, 2019 - 2022, USD Million
TABLE 26 Germany Lamps Market by Product, 2023 - 2030, USD Million
TABLE 27 Germany Lamps Market by Type, 2019 - 2022, USD Million
TABLE 28 Germany Lamps Market by Type, 2023 - 2030, USD Million
TABLE 29 Germany Lamps Market by Application, 2019 - 2022, USD Million
TABLE 30 Germany Lamps Market by Application, 2023 - 2030, USD Million
TABLE 31 UK Lamps Market, 2019 - 2022, USD Million
TABLE 32 UK Lamps Market, 2023 - 2030, USD Million
TABLE 33 UK Lamps Market by Product, 2019 - 2022, USD Million
TABLE 34 UK Lamps Market by Product, 2023 - 2030, USD Million
TABLE 35 UK Lamps Market by Type, 2019 - 2022, USD Million
TABLE 36 UK Lamps Market by Type, 2023 - 2030, USD Million
TABLE 37 UK Lamps Market by Application, 2019 - 2022, USD Million
TABLE 38 UK Lamps Market by Application, 2023 - 2030, USD Million
TABLE 39 France Lamps Market, 2019 - 2022, USD Million
TABLE 40 France Lamps Market, 2023 - 2030, USD Million
TABLE 41 France Lamps Market by Product, 2019 - 2022, USD Million
TABLE 42 France Lamps Market by Product, 2023 - 2030, USD Million
TABLE 43 France Lamps Market by Type, 2019 - 2022, USD Million
TABLE 44 France Lamps Market by Type, 2023 - 2030, USD Million
TABLE 45 France Lamps Market by Application, 2019 - 2022, USD Million
TABLE 46 France Lamps Market by Application, 2023 - 2030, USD Million
TABLE 47 Russia Lamps Market, 2019 - 2022, USD Million
TABLE 48 Russia Lamps Market, 2023 - 2030, USD Million
TABLE 49 Russia Lamps Market by Product, 2019 - 2022, USD Million
TABLE 50 Russia Lamps Market by Product, 2023 - 2030, USD Million
TABLE 51 Russia Lamps Market by Type, 2019 - 2022, USD Million
TABLE 52 Russia Lamps Market by Type, 2023 - 2030, USD Million
TABLE 53 Russia Lamps Market by Application, 2019 - 2022, USD Million
TABLE 54 Russia Lamps Market by Application, 2023 - 2030, USD Million
TABLE 55 Spain Lamps Market, 2019 - 2022, USD Million
TABLE 56 Spain Lamps Market, 2023 - 2030, USD Million
TABLE 57 Spain Lamps Market by Product, 2019 - 2022, USD Million
TABLE 58 Spain Lamps Market by Product, 2023 - 2030, USD Million
TABLE 59 Spain Lamps Market by Type, 2019 - 2022, USD Million
TABLE 60 Spain Lamps Market by Type, 2023 - 2030, USD Million
TABLE 61 Spain Lamps Market by Application, 2019 - 2022, USD Million
TABLE 62 Spain Lamps Market by Application, 2023 - 2030, USD Million
TABLE 63 Italy Lamps Market, 2019 - 2022, USD Million
TABLE 64 Italy Lamps Market, 2023 - 2030, USD Million
TABLE 65 Italy Lamps Market by Product, 2019 - 2022, USD Million
TABLE 66 Italy Lamps Market by Product, 2023 - 2030, USD Million
TABLE 67 Italy Lamps Market by Type, 2019 - 2022, USD Million
TABLE 68 Italy Lamps Market by Type, 2023 - 2030, USD Million
TABLE 69 Italy Lamps Market by Application, 2019 - 2022, USD Million
TABLE 70 Italy Lamps Market by Application, 2023 - 2030, USD Million
TABLE 71 Rest of Europe Lamps Market, 2019 - 2022, USD Million
TABLE 72 Rest of Europe Lamps Market, 2023 - 2030, USD Million
TABLE 73 Rest of Europe Lamps Market by Product, 2019 - 2022, USD Million
TABLE 74 Rest of Europe Lamps Market by Product, 2023 - 2030, USD Million
TABLE 75 Rest of Europe Lamps Market by Type, 2019 - 2022, USD Million
TABLE 76 Rest of Europe Lamps Market by Type, 2023 - 2030, USD Million
TABLE 77 Rest of Europe Lamps Market by Application, 2019 - 2022, USD Million
TABLE 78 Rest of Europe Lamps Market by Application, 2023 - 2030, USD Million
TABLE 79 Key Information – Panasonic Holdings Corporation
TABLE 80 Key Information – Koninklijke Philips N.V.
TABLE 81 Key Information – Stanley Electric co. ltd.
TABLE 82 Key Information – ams-OSRAM AG
TABLE 83 Key Information – General Electric Company
TABLE 84 Key Information – Toshiba Corporation
TABLE 85 Key Information – Siemens AG
TABLE 86 Key Information – Samsung Electronics Co., Ltd.
TABLE 87 Key Information – opple lighting co ltd.
TABLE 88 Key Information – Maxlite, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Lamps Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Lamps Market
FIG 4 Porter’s Five Force Analysis: Lamps market
FIG 5 Europe Lamps Market share by Product, 2022
FIG 6 Europe Lamps Market share by Product, 2030
FIG 7 Europe Lamps Market by Product, 2019 - 2030, USD Million
FIG 8 Europe Lamps Market share by Type, 2022
FIG 9 Europe Lamps Market share by Type, 2030
FIG 10 Europe Lamps Market by Type, 2019 - 2030, USD Million
FIG 11 Europe Lamps Market share by Application, 2022
FIG 12 Europe Lamps Market share by Application, 2030
FIG 13 Europe Lamps Market by Application, 2019 - 2030, USD Million
FIG 14 Europe Lamps Market share by Country, 2022
FIG 15 Europe Lamps Market share by Country, 2030
FIG 16 Europe Lamps Market by Country, 2019 - 2030, USD Million
FIG 17 SWOT Analysis: Panasonic Holdings Corporation
FIG 18 SWOT Analysis: Koninklijke Philips N.V.
FIG 19 SWOT Analysis: Stanley Electric Co. Ltd
FIG 20 SWOT Analysis: ams-OSRAM AG
FIG 21 SWOT Analysis: General electric (GE) Co.
FIG 22 SWOT Analysis: Toshiba Corporation
FIG 23 SWOT Analysis: Siemens AG
FIG 24 SWOT Analysis: Samsung Electronics Co., Ltd
FIG 25 SWOT Analysis: OPPLE Lighting Co Ltd
FIG 26 SWOT Analysis: Maxlite, Inc