TrendForce Jibang Consulting's latest report indicates that due to slow macroeconomic recovery, geographical factors, and conservative corporate capital expenditure, global LED lighting market demand is still in the adjustment stage in the short term, and the growth momentum of the three major markets in Europe, America, and China is limited. However, driven by global energy efficiency regulations, energy-saving transformation, and net-zero emission targets, lighting manufacturers are speeding up the elimination of traditional price competition and actively developing into high-value-added fields such as intelligent lighting and special professional scenarios, driving the industry from “quantitative expansion” to “product structure and application value upgrading.” Jibang Consulting estimates that the global LED general lighting market is expected to reach US$60.942 billion by 2030, with a CAGR of 2.6% from 2025 to 2030.

TrendForce Jibang Consulting's latest report indicates that due to slow macroeconomic recovery, geographical factors, and conservative corporate capital expenditure, global LED lighting market demand is still in the adjustment stage in the short term, and the growth momentum of the three major markets in Europe, America, and China is limited. However, driven by global energy efficiency regulations, energy-saving transformation, and net-zero emission targets, lighting manufacturers are speeding up the elimination of traditional price competition and actively developing into high-value-added fields such as intelligent lighting and special professional scenarios, driving the industry from “quantitative expansion” to “product structure and application value upgrading.” Jibang Consulting estimates that the global LED general lighting market is expected to reach US$60.942 billion by 2030, with a CAGR of 2.6% from 2025 to 2030.