세계의 LED 패널 라이트 시장 보고서 : 용도별, 지역별(2025-2033년)

The global LED panel light market size reached USD 26.8 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 60.7 Billion by 2033, exhibiting a growth rate (CAGR) of 9.04% during 2025-2033. The strict energy efficiency regulations, significant advancements in LED technology, rising global awareness of sustainability, and widespread adoption of LED technology in residential, commercial, and industrial sectors represent some of the key factors driving the growth of the market.

LED Panel Light Market Analysis:

• Major Market Drivers: The major market driver of the LED panel light market is the increasing demand for energy-efficient lighting solutions in residential, commercial, and industrial sectors. This demand is enhanced by the supportive government policies and rules targeting energy reduction and greenhouse gas emissions. Recent developments in LED technology have led to increased product efficiency and lifespan, attracting a cost-conscious market and consumer. In addition, due to the aesthetic flexibility of LED panel lights and their ability to deliver even and anti-glare light, the lights seem to be the choice for modern interior design.
• Key Market Trends: The growth of the LED panel light market is due to the rising need for energy-efficient lighting systems in several sectors, which include residential, commercial, and industrial. The shift to smart lighting systems combined with IoT technology is contributing to the market growth as these systems provide greater control and savings on energy. Moreover, the move towards green products is speeding the usage of LED panel lights that are popular for their lesser carbon footprint in comparison to conventional lighting solutions. Another trend that supports the development of the market is innovations in design and functionality, for example, customizable light temperatures and sizes, which are favorable to various consumers' preferences and architectural requirements.
• Competitive Landscape: Some of the major market players in the LED panel light industry include Nichia, Osram, Samsung Electronics, Everlight Electronics, and LG Innotek, among many others.
• Challenges and Opportunities: The main challenge is the high initial cost in comparison to traditional lighting solutions, which repels potential buyers although the energy bill savings are worth it in the long run. Also, the market saturation and severe competition can force manufacturers to constantly innovate and stay cost-effective. Opportunity wise, the increasing worldwide focus on energy saving and sustainable activities is catalyzing the demand for LED panel lights. Progress in the technology also brings improvements in product features like dimmability, adjustable color temperatures, and integration with smart home systems, which make LED's to be more attractive to residential, commercial, and industrial use.

LED Panel Light Market Trends:

Energy Efficiency Regulations

Both private and public sectors are under compulsion to embrace greener technologies due to the global energy efficiency laws. The LED panel lights are popular as they minimize energy consumption in comparison to the traditional lighting, which, in turn, is propelling the LED panel light market growth. For instance, the Power Ministry of India stated that the replacement of 21 lakh conventional streetlights with LEDs has resulted in annual energy savings of 295 million unit and reduction of 2.3 lakh tonnes of CO2 annually. For example, Rajasthan has replaced 7.04 lakh conventional lights with LEDs, followed by Andhra Pradesh (5.86 lakh) and Delhi (2.64 lakh). The procurement price of the LED Street Lights has been reduced from Rs 135/watt to Rs 80/watt due to mass procurement.

Advancements in LED Technology

Significant improvements in LED light technology, including increased luminous efficacy, longer life span, and better color quality, have diversified their usages. All these advancements make LED panel lights suitable for different applications that are being adopted in areas that include residential, commercial, and industrial. According to the International Energy Agency (IEA), the global LED lighting market was estimated at $96 billion in 2021 and is projected to reach $133 billion by 2025. LED lighting sales accounted for 71% of total lighting sales in 2021, highlighting the rapid adoption of LED technology in the industry.

Rising Awareness of Sustainability

Sustainability and the environmental effects of energy utilization are becoming a worldwide concern due to the rising global awareness. The awareness is pushing consumers and businesses to the value proposition of the LED panel lights. Government sponsored activities and incentives promoting light sources that are environmentally friendly are driving the growth of the LED panel light market. In 2015, India took a groundbreaking step by launching the UJALA program, a massive endeavour aimed at transitioning all household lighting to LED technology. India completed 8 years of energy-efficient and affordable LED distribution in 2024. The environmental and economic benefits of UJALA are staggering. These LED bulbs have saved more than 47 billion units (kWh) of electricity annually, resulting in almost Rs 19,000 crore worth of cost savings per year. The program's affordability has reduced annual home electricity costs by approximately 15%, translating to significant savings for households. In an era where environmental consciousness and energy efficiency are paramount, the transition to LED lighting has emerged as a critical step toward India's efficiency and sustainability goals.

LED Panel Light Market Segmentation:

Breakup by Application:

• Retrofit
• Retail & Hospitality
• Outdoor
• Offices
• Architectural
• Residential
• Industrial

Retrofit accounts for the majority of the market share

LED panel light applications are widely used in retrofit projects because of their higher efficiency and better luminance. Retrofitting refers to the modernizing of old lighting systems with powerful LED technologies, which reduce energy usages and improve the quality of light. This is particularly applicable in places like offices, schools, and hospitals where better lighting can impact productivity and health. Installation of LED panels into the existing frames is simple, making them an ideal choice for retrofitting. This offers an economic solution for upgrading older systems and simultaneously supports environmental sustainability goals.

Breakup by Region:

• India
• China
• Europe
• United States
• Japan
• Brazil
• Russia
• Others

China dominates the market

The report has also provided a comprehensive analysis of all the major markets which include India, China, Europe, United States, Japan, Brazil, Russia and others. According to the report China was the largest market for LED panel light.

China is a giant in the market of LED panel light, both as a producer and user. Significant energy efficient lighting solutions demand is driven by the country's intensive urbanization trend and infrastructural development. The widespread use of LED panel lights in diverse sectors, with support from the government for energy conservation and emission reductions, is creating a positive market outlook. Moreover, China has considerable manufacturing capacities that allow it to produce a great number of LED panels at significant competitive prices, promoting exports and fortifying its position in the global market.

Competitive Landscape:

• The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have been provided. Some of the major market players in the LED panel light industry include Nichia, Osram, Samsung Electronics, Everlight Electronics, and LG Innotek, among many others.

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

• The major players in the LED panel light market deploy a range of strategic tactics to improve their market position. Among these are investments in research and development that lead to innovation and enhanced product efficiency, quality, and features like smart lighting capacities. Moreover, companies concentrate on production and advanced manufacturing technologies that help to reduce costs and improve scalability. Another significant aspect of growth is strategic partnerships and collaborations, that help companies to enlarge their market presence and penetrate in new geographical and vertical markets. The marketing strategies are targeted to promote the energy efficiency, cost saving and environmental benefits of LED panel lights that can make it highly appealing to the eco conscious consumers.

Key Questions Answered in This Report

• 1.What was the size of the global LED panel light market in 2024?
• 2.What is the expected growth rate of the global LED panel light market during 2025-2033?
• 3.What are the key factors driving the global LED panel light market?
• 4.What has been the impact of COVID-19 on the global LED panel light market?
• 5.What is the breakup of the global LED panel light market based on the application?
• 6.What are the key regions in the global LED panel light market?
• 7.Who are the key players/companies in the global LED panel light market?

Table of Contents

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 Global LED Lighting Industry

• 5.1 Market Overview
• 5.2 Market Performance
  • 5.2.1 Volume Trends
  • 5.2.2 Value Trends
• 5.3 Impact of COVID-19
• 5.4 LED Panel Light Market
• 5.5 Market Breakup by Region
• 5.6 Market Breakup by Application
• 5.7 Market by LED Products: LED Lamps, Modules and Fixtures
  • 5.7.1 Current and Historical Market Trends
  • 5.7.2 Market Forecast
• 5.8 Market Forecast
• 5.9 SWOT Analysis
  • 5.9.1 Overview
  • 5.9.2 Strengths
  • 5.9.3 Weaknesses
  • 5.9.4 Opportunities
  • 5.9.5 Threats
• 5.10 Value Chain Analysis
  • 5.10.1 Primary Raw Materials Suppliers
  • 5.10.2 LED Chip Manufacturers
  • 5.10.3 LED Package and Module Manufacturers
  • 5.10.4 Lighting Products, Electronic Products and Automotive Part Manufacturers
  • 5.10.5 Product Distribution
  • 5.10.6 End Users
• 5.11 Porter's Five Forces Analysis
  • 5.11.1 Overview
  • 5.11.2 Bargaining Power of Buyers
  • 5.11.3 Bargaining Power of Suppliers
  • 5.11.4 Degree of Competition
  • 5.11.5 Threat of New Entrants
  • 5.11.6 Threat of Substitutes
• 5.12 Key Success and Risk Factors for LED Panel Light Manufacturers
• 5.13 Comparative Analysis of CFL and LED
• 5.14 Price Analysis
  • 5.14.1 Key Price Indicators
  • 5.14.2 Price Structure

6 Performance of Key Regions

• 6.1 India
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 China
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
• 6.3 Europe
  • 6.3.1 Market Trends
  • 6.3.2 Market Forecast
• 6.4 United States
  • 6.4.1 Market Trends
  • 6.4.2 Market Forecast
• 6.5 Japan
  • 6.5.1 Market Trends
  • 6.5.2 Market Forecast
• 6.6 Brazil
  • 6.6.1 Market Trends
  • 6.6.2 Market Forecast
• 6.7 Russia
  • 6.7.1 Market Trends
  • 6.7.2 Market Forecast
• 6.8 Others
  • 6.8.1 Market Trends
  • 6.8.2 Market Forecast

7 Market by Application

• 7.1 Retrofit
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Retail & Hospitality
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 Outdoor
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
• 7.4 Offices
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast
• 7.5 Architectural
  • 7.5.1 Market Trends
  • 7.5.2 Market Forecast
• 7.6 Residential
  • 7.6.1 Market Trends
  • 7.6.2 Market Forecast
• 7.7 Industrial
  • 7.7.1 Market Trends
  • 7.7.2 Market Forecast

8 Competitive Landscape

• 8.1 Market Structure
• 8.2 Market Breakup by Key Players

9 LED Panel Light Manufacturing Process

• 9.1 Product Overview and Specifications
• 9.2 Key Features and Advantages
• 9.3 Key Application Areas
  • 9.3.1 Offices and Conference Rooms
  • 9.3.2 Hotels and Restaurants
  • 9.3.3 Showrooms and Malls
  • 9.3.4 Hospitals and Laboratories
• 9.4 Popular Shapes and Sizes
  • 9.4.1 LED Panel Light Box Series (Square)
  • 9.4.2 LED Panel Light Slim Series (Round)
  • 9.4.3 LED Panel Light Slim Series (Square)
  • 9.4.4 LED Panel Light Slim Series (Rectangular)
• 9.5 Design Material Alternatives
  • 9.5.1 Extruded Aluminium Frame
  • 9.5.2 Steel Sheet Frame
  • 9.5.3 Steel Sheet Frame Coated/Finished with White Powder
  • 9.5.4 Metallized or White Reflector
  • 9.5.5 Clear or Matted Lens
• 9.6 Manufacturing Process
• 9.7 Raw Material Requirements
• 9.8 Raw Material Pictures

10 Project Details, Requirements and Costs Involved

• 10.1 Land Requirements and Expenditures
• 10.2 Construction Requirements and Expenditures
• 10.3 Plant Machinery
• 10.4 Machinery Pictures
• 10.5 Raw Material Requirements and Expenditures
• 10.6 Raw Material and Final Product Pictures
• 10.7 Packaging Requirements and Expenditures
• 10.8 Transportation Requirements and Expenditures
• 10.9 Utility Requirements and Expenditures
• 10.10 Manpower Requirements and Expenditures
• 10.11 Other Capital Investments

11 Loans and Financial Assistance

12 Project Economics

• 12.1 Capital Cost of the Project
• 12.2 Techno-Economic Parameters
• 12.3 Product Pricing and Margins Across Various Levels of the Supply Chain
• 12.4 Taxation and Depreciation
• 12.5 Income Projections
• 12.6 Expenditure Projections
• 12.7 Financial Analysis
• 12.8 Profit Analysis

13 Key Player Profiles