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Europe LED Lighting Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

The Europe LED lighting market reached a value of US$ 12.6 Billion in 2018. A light-emitting diode (LED) refers to a semiconductor device that produces non-coherent and narrow-spectrum light when electricity passes through it. LED based lights are preferred over conventional lighting technologies as they are environment-friendly, have longer life span, are energy efficient and have low power consumption. With the lighting industry transformation towards LED sources and solid-state lighting, Europe represents one of the most innovative lighting markets across the globe.

A key factor driving the demand of LED products in Europe has been the European Union’s policy measures banning the sale of inefficient lighting technologies. In 2009, Europe phased out incandescent lamps in the region. In 2016, directional halogen lamps were also phased out. Similarly, in September 2018, the region also banned the sale of non-directional halogen lamps. These policy measures have facilitated consumers to gradually replace their traditional lighting products with LED technology-based products. Moreover, to generate cost-savings for consumers, switching to energy efficient LED lights have provided significant environmental benefits. The high energy costs in the region are forcing households, public investors and governments to consider energy saving lighting solutions. The governments across the region are also providing subsidies and incentives to increase the adoption of LED products among consumers and phasing out older and less efficient technologies to enhance the overall efficiency of the lighting industry in Europe. Other key factors driving the demand of LED products in Europe include infrastructure growth, upcoming smart building projects and decline in the average prices of LEDs. Looking forward, IMARC Group expects the market to reach a value of US$ 25.2 Billion by 2024, exhibiting a CAGR of around 12% during 2019-2024.

Report Scope

Market Breakup by Country

  • Germany
  • United Kingdom
  • France
  • Italy
  • Spain
  • Others

Germany currently represents the largest market for LED lighting in the European region.
 

Market Breakup by Product Type

  • LED Lamps and Modules
  • LED Fixtures

LED lamps and modules currently dominate the market, holding the largest share.
 

Market Breakup by Application

  • Retrofit
  • Retail and Hospitality
  • Outdoor
  • Offices
  • Architectural
  • Residential
  • Others
     

Competitive Landscape:

The report has also examined the competitive landscape of the market and provides the profiles of the key players operating in the industry. Some of the key players operating in the market are:

  • Osram Opto
  • Philips
  • Zumtobel
  • Cooper Industries
  • Panasonic Corporation
  • Trilux
  • Others
     

Key Questions Answered in This Report:

  • How has the Europe LED lighting market performed so far and how will it perform in the coming years?
  • What is the breakup of the Europe LED lighting market based on the country?
  • What is the breakup of the Europe LED lighting market based on the product type?
  • What is the breakup of the Europe LED lighting market based on the application?
  • What are the various stages in the value chain of the Europe LED lighting industry?
  • What are the key driving factors and challenges the Europe LED lighting industry?
  • What is the structure of the Europe LED lighting industry and who are the key players?
  • What is the degree of competition in the Europe LED lighting industry?

 

 

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Europe Lighting Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Market Breakup by Country
    5.4    Market Breakup by Technology
    5.5    Market Breakup by Application
    5.6    Market Forecast
6    Europe LED Lighting Market
    6.1    Market Overview
    6.2    Market Performance
    6.3    Market Breakup by Country
    6.4    Market Breakup by Product Type
    6.5    Market Breakup by Application
    6.6    Market Forecast
    6.7    SWOT Analysis
        6.7.1    Overview
        6.7.2    Strengths
        6.7.3    Weaknesses
        6.7.4    Opportunities
        6.7.5    Threats
    6.8    Value Chain Analysis
    6.9    Porters Five Forces Analysis
        6.9.1    Overview
        6.9.2    Bargaining Power of Buyers
        6.9.3    Bargaining Power of Suppliers
        6.9.4    Degree of Competition
        6.9.5    Threat of New Entrants
        6.9.6    Threat of Substitutes
    6.10    Key Market Drivers and Success Factors
    6.11    Key Risk Factors for LED Manufacturers
    6.12    Comparison of LED’s with Conventional Lighting Technologies
7    Price Analysis
    7.1    Key Price Indicators
    7.2    Price Structure
    7.3    Margin Analysis
8    Market Breakup by Country
    8.1    Germany
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    United Kingdom
        8.2.1    Market Trends
        8.2.2    Market Forecast
    8.3    France
        8.3.1    Market Trends
        8.3.2    Market Forecast
    8.4    Italy
        8.4.1    Market Trends
        8.4.2    Market Forecast
    8.5    Spain
        8.5.1    Market Trends
        8.5.2    Market Forecast
    8.6    Others
        8.6.1    Market Trends
        8.6.2    Market Forecast
9    Market Breakup by Product Type
    9.1    LED Lamps and Modules
        9.1.1    Market Trends
        9.1.2    Market Forecast
    9.2    LED Fixtures
        9.2.1    Market Trends
        9.2.2    Market Forecast
10    Market Breakup by Application
    10.1    Retrofit
        10.1.1    Market Trends
        10.1.2    Market Forecast
    10.2    Retail and Hospitality
        10.2.1    Market Trends
        10.2.2    Market Forecast
    10.3    Outdoor
        10.3.1    Market Trends
        10.3.1    Market Forecast
    10.4    Offices
        10.4.1    Market Trends
        10.4.2    Market Forecast
    10.5    Architectural
        10.5.1    Market Trends
        10.5.2    Market Forecast
    10.6    Residential
        10.6.1    Market Trends
        10.6.2    Market Forecast
    10.7    Others
        10.7.1    Market Trends
        10.7.2    Market Forecast
11    Competitive Landscape
    11.1    Market Structure
    11.2    Key Players
    11.3    Profiles of Key Players
        11.3.1    Osram
        11.3.2    Philips
        11.3.3    Zumbotel
        11.3.4    Cooper Industries
        11.3.5    Panasonic Corporation
        11.3.6    Trilux

List of Figures

Figure 1: Europe: LED Lighting Market: Major Drivers and Challenges
Figure 2: Europe: Lighting Market: Sales Value (in Billion US$), 2013-2018
Figure 3: Europe: Lighting Market: Breakup by Country (in %), 2018
Figure 4: Europe: Lighting Market: Breakup by Technology (in %), 2018
Figure 5: Europe: Lighting Market: Breakup by Application (in %), 2018
Figure 6: Europe: Lighting Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 7: Europe: LED Lighting Market: Sales Value (in Billion US$), 2013-2018
Figure 8: Europe: LED Lighting Market: Breakup by Country (in %), 2018
Figure 9: Europe: LED Lighting Market: Breakup by Product Type (in %), 2018
Figure 10: Europe: LED Lighting Market: Breakup by Application (in %), 2018
Figure 11: Europe: LED Lighting Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 12: Europe: LED Lighting Industry: SWOT Analysis
Figure 13: Europe: LED Lighting Industry: Value Chain Analysis
Figure 14: Europe: LED Lighting Industry: Porter’s Five Forces Analysis
Figure 15: Germany: LED Lighting Market: Sales Value (in Billion US$), 2013 & 2018
Figure 16: Germany: LED Lighting Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 17: United Kingdom: LED Lighting Market: Sales Value (in Billion US$), 2013 & 2018
Figure 18: United Kingdom: LED Lighting Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 19: France: LED Lighting Market: Sales Value (in Billion US$), 2013 & 2018
Figure 20: France: LED Lighting Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 21: Italy: LED Lighting Market: Sales Value (in Billion US$), 2013 & 2018
Figure 22: Italy: LED Lighting Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 23: Spain: LED Lighting Market: Sales Value (in Billion US$), 2013 & 2018
Figure 24: Spain: LED Lighting Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 25: Others: LED Lighting Market: Sales Value (in Billion US$), 2013 & 2018
Figure 26: Others: LED Lighting Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 27:  Europe: LED Lighting Market (LED Lamps and Modules) Market: Sales Value (in Billion US$), 2013 & 2018
Figure 28:  Europe: LED Lighting Market (LED Lamps and Modules) Market Forecast:  Sales Value (in Billion US$), 2019-2024
Figure 29: Europe: LED Lighting Market (LED Fixtures) Market:  Sales Value (in Billion US$), 2013 & 2018
Figure 30: Europe: LED Lighting Market (LED Fixtures) Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 31: Europe: LED Lighting (Retrofit) Market: Sales Value (in Billion US$), 2013 & 2018
Figure 32: Europe: LED Lighting (Retrofit) Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 33: Europe: LED Lighting (Retail and Hospitality) Market: Sales Value (in Billion US$), 2013 & 2018
Figure 34: Europe: LED Lighting (Retail and Hospitality) Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 35: Europe: LED Lighting (Outdoor) Market: Sales Value (in Billion US$), 2013 & 2018
Figure 36: Europe: LED Lighting (Outdoor) Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 37: Europe: LED Lighting (Offices) Market: Sales Value (in Billion US$), 2013 & 2018
Figure 38: Europe: LED Lighting (Offices) Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 39: Europe: LED Lighting (Architectural) Market: Sales Value (in Billion US$), 2013 & 2018
Figure 40: Europe: LED Lighting (Architectural) Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 41: Europe: LED Lighting (Residential) Market: Sales Value (in Billion US$), 2013 & 2018
Figure 42: Europe: LED Lighting (Residential) Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 43: Europe: LED Lighting (Other Applications) Market: Sales Value (in Billion US$), 2013 & 2018
Figure 44: Europe: LED Lighting (Other Applications) Market Forecast: Sales Value (in Billion US$), 2019-2024

List of Tables

Table 1: Europe: Lighting Market: Key Industry Highlights, 2018 and 2024
Table 2: Europe: LED Lighting Market: Key Industry Highlights, 2018 and 2024
Table 3: Comparison of LED’s with Incandescent Bulb and Compact Fluorescent Lamps (Based on Energy Efficiency and Environmental Impact)
Table 4: Europe: LED Lighting Market Forecast: Breakup by Country (in Billion US$), 2019-2024
Table 5: Europe: LED Lighting Market Forecast: Breakup by Product Type (in Billion US$), 2019-2024
Table 6: Europe: LED Lighting Market Forecast: Breakup by Application (in Billion US$), 2019-2024
Table 7: Europe: LED Lighting Market: Market Structure
Table 8: Europe: LED Lighting Market: Key Players


 

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