The global marker for LED lighting was sized at about 76 billion U.S. dollars in 2020. It is projected that the market will grow at a compound annual growth rate (CAGR) of over 13 percent in the coming years. In 2026, the market is expected to reach the size of some 160 billion U.S. dollars.
Projected size of the global market for LED lighting from 2020 to 2026
(in billion U.S. dollars)
For the Statista estimate an exponential development of the values between 2020 and 2026 was assumed to estimate the annual values. The values for 2020 and 2026 were provided by the source.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista. (December 1, 2021). Projected size of the global market for LED lighting from 2020 to 2026 (in billion U.S. dollars) [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/753939/global-led-luminaire-market-size/
Statista. "Projected size of the global market for LED lighting from 2020 to 2026 (in billion U.S. dollars)." Chart. December 1, 2021. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/753939/global-led-luminaire-market-size/
Statista. (2021). Projected size of the global market for LED lighting from 2020 to 2026 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/753939/global-led-luminaire-market-size/
Statista. "Projected Size of The Global Market for Led Lighting from 2020 to 2026 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Dec 2021, https://www.statista.com/statistics/753939/global-led-luminaire-market-size/
Statista, Projected size of the global market for LED lighting from 2020 to 2026 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/753939/global-led-luminaire-market-size/ (last visited October 31, 2024)
Projected size of the global market for LED lighting from 2020 to 2026 (in billion U.S. dollars) [Graph], Statista, December 1, 2021. [Online]. Available: https://www.statista.com/statistics/753939/global-led-luminaire-market-size/
