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.
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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 December 21, 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 December 21, 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: December 21, 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 December 21, 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/
