The Lighting Industry
The lighting sector encompasses the design, production, and sale of lighting products and systems for various applications, including residential, commercial, and industrial settings. This sector includes a wide range of products, including LED lights, lamps, light fixtures, and lighting controls, among others.
With advances in technology and the increasing demand for energy-efficient lighting solutions, the lighting sector is constantly evolving and expanding. The sector plays a critical role in creating visually attractive and functional lighting environments; improving safety and visibility; and reducing energy costs.
The Lighting Industry Report
According to “Global Lighting Market Share, Size, Growth, Analysis” published by Expert Market Research (EMR Inc.):
- The global lighting market reached approximately USD 120 billion in 2022.
- The market is expected to grow at a CAGR of 7.3% during the forecast period 2023-2028.
- In 2028, the lighting industry will reach a value of approximately USD 183.1 billion.
- LED lighting has become one of the most preferred lighting technologies among consumers.
- The increase in demand for LEDs is a result of growing environmental concerns and favourable government campaigns.
- With energy becoming more expensive and resources becoming scarcer, LEDs have been favoured by the awareness of consumers across the globe.
- Regionally, the market is growing rapidly in developing regions, particularly in Asia Pacific and the Middle East and Africa.
- The sector is growing in the Middle East due to large infrastructure investments, increasing population and upcoming mega events, which ultimately creates an increasing demand for lighting systems.
Types in the lighting industry:
- LED
- Fluorescent
- Halogen
- Incandescent
- Others
On the basis of product, the market can be segmented as follows:
- Ampoules
- Street Lamps
- Downlights
- Tube Lights
- Flood Lights
Based on practice:
On the basis of end use it is divided into:
- Residential
- Commercial
- Industrial
- Agricultural
- Hospital
- Others
The various distribution channels of the products are as follows:
- Supermarkets and Hypermarkets
- Grocery stores
- Speciality Stores
- Online
- Others
What are the Lighting Industry Trade Shows?
To showcase their products, connect with buyers and customers, and stay up-to-date on the latest trends and innovations in the sector, many companies in the lighting sector participate in trade shows and events. Some of the most well-known lighting trade shows include:
Light + Building: Held every two years in Frankfurt, Germany, this trade show is one of the largest and most important events for the lighting and building technology sector, showcasing the latest products and innovations in the sector.
Middle East Energy Dubai: Middle East Energy Dubai is one of the leading energy and power industry exhibitions in the Middle East. Organized annually in Dubai, it covers many areas such as solar energy, electricity distribution, energy storage, energy efficiency, and smart grid technologies.
Prolight + Sound: Held annually in Frankfurt, Germany, this trade show is one of the largest and most important events for the professional lighting and sound industry, showcasing the latest products and innovations in the sector.
Hong Kong International Lighting Fair: Held twice a year in Hong Kong, this trade show is one of the largest and most important events for the lighting industry in Asia, showcasing the latest products and innovations in the sector.
LightFair International: Held annually in different cities in the USA, this trade show is one of the largest and most important events for the lighting industry in North America, showcasing the latest products and innovations in the sector.
LED Expo Thailand: Held annually in Bangkok, Thailand, this trade show is one of the largest and most important events for the LED lighting industry in Southeast Asia, showcasing the latest products and innovations in the sector.
Which Sector Companies Can Participate in the Lighting Trade Shows?
Companies from a wide range of sectors can participate in lighting trade shows. Manufacturers, suppliers, and designers in the lighting industry itself can showcase their latest products and technologies. Additionally, industries such as architecture, interior design, construction, hospitality, retail, entertainment, and energy management can participate to explore innovative lighting solutions for their specific needs. Lighting Trade Shows provide a platform for cross-industry collaboration, where participants can discover cutting-edge lighting designs, energy-efficient solutions, and emerging trends that can enhance their products and spaces.
Shine at Lighting Trade Shows with DixiFuar
With DixiFuar’s expert guidance and comprehensive services, you can illuminate your brand’s potential on a global stage. Affordable tour packages allow your startup or existing business to shine at these exhibitions, allowing you to connect with industry leaders, discover the latest technologies and showcase your lighting solutions to a diverse audience. Grow your business and be at the forefront of lighting the future with DixiFuar by your side.
