LED and Lighting (Optoelectronics) Market Research Reports & Consulting from MarketsandMarkets

LED and Lighting (Optoelectronics) Market Research Reports & Consulting

There is so much going on in LED and Lighting market these days. Few important things or trends to watch:

Connectivity in LED and Lighting Market with Lighting Controls and IoT

In LED and Lighting Market, lighting controls would be the next frontier with LEDs comprehensively becoming mainstream. Smart or connected lighting refers to lighting where notes are connected and controlled. The Internet of Things (IoT) is already transforming the way businesses, consumers and governments interact with the physical world. The IoT is profoundly changing the way we relate to our environment, to each other and to information. Lighting is an ideal network for IoT services to be built on, because you only have to add a few sensors or controllers and some kind of data connection. In LED and Lighting Market, lighting controls such as switches, drivers, relay units, dimmers, and sensors have been around for many years, but the challenge now is to get them to communicate with other devices, make them more sophisticated and make sure people use them. Energy saving through connected or smart lighting using lighting controls would be the biggest benefit for us in next few years within LED and Lighting Market.

Innovative Power Technologies in LED and Lighting Market

LED and Lighting Market power technologies would play a pivotal role in coming years. In the era of constant technological innovations and disruptions new power technologies are appearing, with a range of benefits. Till now, LED luminaires have typically come with ‘drivers’ that convert the electricity supply into a form the light can use. Driver is, frequently, the first component of a lighting system to fail, so some innovative lighting companies in LED and Lighting Market are taking them out of the equation. For instance, Iviti (UK) has a lamp with a DC LED chip that needs no driver at all, and Isotera (UK) sells power technologies for lighting using a central hub, with each fitting connected directly to a bus cable. The latest innovation is power-over-Ethernet (PoE), which provides electricity through data cables. Such emerging power technologies in LED and Lighting Market would generate ample opportunities for the lighting companies in years to come.

The influence of Human Centric Lighting in LED and Lighting Market

In LED and Lighting Market, human centric lighting would influence how well we learn, how quickly we recover from illness, and how productive we are at work. There is growing scientific evidence that lighting does much more than simply providing illumination. Researchers have found that light meets both visual and non-visual needs which has opened up a new realm of applications. Lighting companies in LED and Lighting Market such as Signify (Philips) (Netherlands) and Osram (Germany) are developing commercial lighting solutions that are targeted at enhancing well-being, performance, and vision by applying an in-depth knowledge of science, user, and customers’ needs. Human centric lighting sets to transform our homes, shops, and indoor & commercial spaces as lighting products are used for completely new purposes. Thus, in LED and Lighting Market, human centric lighting can connect us, make us feel good and be better at what we do.

Diversified applications of LED and Lighting Market

In LED and Lighting Market, LED technology has emerged as a major lighting technology with longer lifespan, greater durability, higher flexibility, and more energy efficiency. Rapid population growth and availability of limited agricultural land, legalization of cannabis for medicinal purposes across various countries, and government initiatives to support adoption of energy efficient LEDs in horticulture application is generating huge opportunities for LED lighting across horticulture application. In indoor agricultural facilities, commercial greenhouse settings, or vertical farms the short-term and long-term potential of LEDs in the cultivation of vegetables, fruits, flowers, and other plants is nothing short of remarkable. LED and Lighting Market is also finding application in UV disinfection across residential, commercial, and industrial verticals for disinfection of water, & wastewater and processed water.

Optoelectronics

Optoelectronics combines optics and electronics and includes the designing and manufacturing of a hardware devices that convert electrical energy into light through semiconductors and vice versa. Optoelectronics devices have the ability to source, detect, and control light. In addition to this, any device that functions as optical to electrical transducer and vice versa fall under the category of optoelectronics. Optoelectronics finds it applications in very advanced and niche technologies such as lasers, fiber optic system communications, medical diagnostics systems and also in other common applications such as automotive, computers, consumer electronics, communications, and industrial optical sensing equipment as well as medical laser equipment. Consumer electronics and entertainment applications are high growth segments and are expected to showcase increased traction in the future. The components used in Optoelectronics range from image sensor, photo detectors, IrDA transreceivers, opto-couplers, solid state relays, LEDs, and laser transmitters to laser pick-ups, infrared, and displays.

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There is so much going on in LED and Lighting market these days. Few important things or trends to watch:

Connectivity in LED and Lighting Market with Lighting Controls and IoT

< ....see more

Market Reports

UV Curing System Market by System Type (Spot Curing, Flood Curing, Conveyor/Inline), Mercury Lamp Curing, UV LED Curing, Hybrid Curing, 3D Printing, Coating, Ink, Adhesive, Industrial Manufacturing, Packaging Industry – Global Forecast to 2032

The UV curing system market is projected to reach USD 4.85 billion by 2032, growing from USD 3.00 billion in 2026 at a CAGR of 8.3% during the forecast period. The Key Players Excelitas Technologies Corp. (US), Nordson Corporation (US), IST METZ GmbH & Co. KG (Germany), BW Converting (US), Dymax (US), Hoenle AG (Germany), American Ultraviolet (US), Hanovia (US), GEW Limited (UK), and Uvitron International, Inc. (US).
- Published: January 2026
- Price: $ 4950
- TOC Available:
Laser Interferometer Market by Technique (Homodyne, Heterodyne), Type (Michelson, Fabry-Perot, Fizeau, Mach-Zehnder, Sagnac, Twyman-green), Component (Laser, Photodetector, Optical), Application (Surface Topology, Biomedical) - Global Forecast to 2030

The laser interferometer market is expected to grow from USD 0.34 billion in 2025 to USD 0.47 billion by 2030, at a compound annual growth rate (CAGR) of 6.7% during the forecast period. The Key Players Renishaw plc (UK), Keysight Technologies (US), ZEISS Group (Germany), Zygo Corporation (US), Bruker (US), Mahr GmbH (Germany), MÖLLER-WEDEL OPTICAL GMBH (Switzerland), QED Technologies (US), and SIOS Meßtechnik GmbH (Germany).
- Published: October 2025
- Price: $ 4950
- TOC Available:
UV Disinfection Equipment Market by UV Lamps (Mercury UV Lamps, UV LEDs), Reactor Chambers, Quartz Sleeves, Controller Units, Water and Wastewater Disinfection, Process Water Disinfection, Surface Disinfection, Air Disinfection - Global Forecast to 2030

The UV disinfection equipment market is expected to grow from USD 3.87 billion in 2025 to USD 7.94 billion by 2030, at a compound annual growth rate (CAGR) of 15.4% during the forecast period. The Key Players Xylem (US), Trojan Technologies Group ULC (UK), Halma Group (UK), Industrie De Nora S.p.A. (Italy), Atlantic Ultraviolet Corporation (US), Lumalier Corporation (US), Advanced UV, Inc. (US), American Ultraviolet (US), Honle AG (Germany), Atlantium Technologies Ltd (Israel).
- Published: July 2025
- Price: $ 4950
- TOC Available:
Laser Processing Market by Laser type (Fiber, Ruby, YAG, Semiconductor, Thin-disk, CO2, Excimer, Helium-neon, Argon, Chemical, Liquid, X-ray, Photonic Crystal, Short-pulse), Configuration (Fixed, Moving, Hybrid), Component - Global Forecast to 2032

The global laser processing market is expected to grow from USD 7.17 billion in 2025 to USD 11.89 billion by 2032, at a compound annual growth rate (CAGR) of 8.5% during the forecast period. The Key Players Coherent Corp. (US), TRUMPF (Germany), Han's Laser Technology Industry Group Co., Ltd. (China), IPG Photonics Corporation (US), JENOPTIK AG (Germany), Fives (France), AXBIS (South Korea), Lumentum Operations LLC (US), Gravotech, Inc. (France), Laser Star Technologies (US), LUMIBIRD (France), Epilog Laser (US), MKS Instruments (US), Novanta Inc. (US), eurolaser GmbH (Germany), and 600 Group PLC (UK).
- Published: May 2025
- Price: $ 4950
- TOC Available:
Aircraft Lighting Market by Technology (LED, HID, Halogen, NVIS), Light Type (Interior (Signage, Reading, Ceiling & Wall lights), Exterior (Emergency, Anti-collision, Search Lights), Cockpit), End User, Aircraft Type, Region - Global Forecast to 2029

The Aircraft Lighting Market is expected to grow from USD 1.98 billion in 2024 to USD 2.68 billion by 2029, at a compound annual growth rate (CAGR) of 6.2%. during the forecast period. The Key Players RTX (US), Astronics Corporation (US), Diehl Stiftung & Co. KG (Germany), Honeywell International Inc.(US), Heads Up Technologies (US), Bruce Aerospace (US), Whelen Aerospace Technologies (US) and Thales (France).
- Published: March 2025
- Price: $ 4950
- TOC Available:
Smart Lighting Market Size, Share , Growth & Trends by Lights and Luminaire, Lighting Controls, LED Drivers and Ballasts, Sensors, Switches, Gateways, Dimmers, Relay Units, DALI, Power over Ethernet (PoE), Power Line Communications (PLC) and Zigbee - Global Forecast to 2030

The global smart lighting market is expected to grow from USD 9.86 billion in 2025 to USD 17.38 billion by 2030, at a compound annual growth rate (CAGR) of 12.0% during the forecast period.The key players Signify Holding (Netherlands), Acuity Brands, Inc. (US), Legrand (France), ams-OSRAM AG (Austria), Panasonic Holdings Corporation (Japan), Zumtobel Group (Austria), and LEDVANCE GmbH (Germany).
- Published: February 2025
- Price: $ 4950
- TOC Available:
Grow Lights Market by Offering (Hardware, Software & Services), Wattage (<300, >=300), Spectrum (Full Spectrum, Limited Spectrum), Cultivated Plant, Installation Type, Lighting Type, Sales Channel, Application and Region - Global Forecast to 2029

The grow lights market is expected to grow from USD 2.0 billion in 2024 to USD 6.4 billion by 2029, at a compound annual growth rate (CAGR) of 26.5% during the forecast period.The key players Signify Holding (Netherlands), Gavita International B.V. (Netherlands), Heliospectra (Sweden), ams-OSRAM AG (Austria), California LightWorks (US), Hortilux Schréder (Netherlands), Valoya (Finland), ILUMINAR Lighting LLC. (US), SAVANT TECHNOLOGIES LLC. (US), Ushio Inc. (Japan), EconoLux Industries Ltd. (China), LEDVANCE GmbH (Germany), Lemnis Oreon B.V. (Netherlands), Hyperion Grow Lights (England), Sananbio (China), Dongguan LEDESTAR Opto-electronics Tech. Co., Ltd. (China), ViparSpectra (US), Kind LED Grow Lights (US), Black Dog Horticulture Technologies & Consulting (US), Agrolux B.V. (Netherlands), Sollum Technologies (Canada), Mars Hydro (China), Biological Innovation and Optimization Systems, LLC. (US), EVERLIGHT ELECTRONICS CO., LTD. (Taiwan), and NICHIA CORPORATION (Japan).
- Published: May 2024
- Price: $ 4950
- TOC Available:
Arc-based Plasma Lighting Market by Light Source (Xenon Arc Lamps, Metal Halide Lamps, Deuterium Lamps, Krypton Arc Lamps, Mercury Vapor Lamps), Wattage Type (Below 500 W, 501 to 1500 W, Above 1500 W), Application and Region – Global Forecast to 2029

The global arc-based plasma lighting market size is expected to grow from USD 676 million by 2029 to USD 616 million in 2024, at a compound annual growth rate (CAGR) of 1.9% during the forecast period.The key plyaers Ushio Inc. (Japan), Signify Holding (Netherlands), ams-OSRAM AG (Germany), Excelitas Technologies Corp. (US), Hamamatsu Photonics K.K. (Japan), LEDVANCE GmbH (Germany), and Newport Corporation (US).
- Published: April 2024
- Price: $ 4950
- TOC Available:
Laser Technology Market Size, Share & Industry Growth Analysis by Laser Type (Solid, Gas, Liquid), Configuration (Fixed, Moving, Hybrid), Application (Laser Processing, Optical Communication), Vertical (Telecommunications, Automotive, Medical, Industrial) and Region - Global Forecast to 2029

The Laser Technology Market is expected to grow from USD 20.0 billion in 2024 to USD 29.5 billion by 2029, at a compound annual growth rate (CAGR) of 8.0% during the forecast period.The key players Coherent (US), Trumpf (Germany), Han’s Laser Technology Industry Group Co., Ltd (China), IPG Photonics (US) and Jenoptik AG (Germany).
- Published: April 2024
- Price: $ 4950
- TOC Available:
LED Lighting Market Size, Share, Industry Growth and Analysis, by Product (Lamps, Luminaire), Application (Indoor, Outdoor), Installation (New, Retrofit), Sales Channel (Direct, retail, E-commerce) and Region (North America, Europe, APAC, Rest of the World) – Global Forecast to 2029

The global LED lighting market is expected to grow from USD 78.9 billion in 2024 to USD 118.4 billion by 2029, at a compound annual growth rate (CAGR) of 8.5% during the forecast period.The key players Signify Holding (Netherlands), Acuity Brands, Inc. (US), Cree Lighting USA LLC (US), ams OSRAM AG (Germany), LG Electronics (South Korea), Dialight (UK), Panasonic Corporation (Japan), Hubbell (US), Savant Systems, Inc. (US), and Zumtobel Group (Germany).
- Published: February 2024
- Price: $ 4950
- TOC Available:
LED Packaging Market Size, Share, Industry Growth & Trends by Package Type (SMD, COB, CSP), Power Range (Low-&Mid-Power LED Packages, High-Power LED Packages), Wavelength (Visible & Infrared, Deep UV), Packaging Component (Equipment, Material), Application & Region - Global Forecast to 2029

The LED Packaging Market is expected to grow from USD 16.0 billion in 2024 to USD 19.4 billion by 2029, at a compound annual growth rate (CAGR) of 3.9% during the forecast period.The key players NICHIA CORPORATION (Japan), ams-OSRAM AG. (Austria), Samsung (South Korea), Lumileds Holding B.V. (US), Seoul Semiconductor Co., Ltd. (South Korea), MLS CO, LTD (China), EVERLIGHT ELECTRONICS CO., LTD. (Taiwan), SMART Global Holdings, Inc. (US), Foshan NationStar Optoelectronics Co. Ltd (China), and LITE-ON Technology, Inc. (Taiwan).
- Published: February 2024
- Price: $ 4950
- TOC Available:
Horticulture Lighting Market Size, Share, Industry Report, Statistics & Growth by Installation type (New Installations, Retrofit Installations), Lighting Type (Toplighting, Interlighting), Offering (Hardware, Software & Service), Cultivation Type, Technology, Application, Region - Global Forecast to 2028

The horticulture lighting market is expected to grow from USD 3.7 billion in 2023 to USD 10.4 billion by 2028, at a compound annual growth rate (CAGR) of 22.4% during the forecast period.The key players Signify Holding (Phillips Lighting) (Netherlands), Gavita International B.V.(Netherlands), Heliospectra(Sweden), ams-OSRAM International GmbH(Austria), California LightWorks(US), Valoya (Finland), Hortilux Schréder(Netherlands), ILUMINAR Lighting(US), Current Lighting Solutions, LLC.(US), GE Lighting (SAVANT TECHNOLOGIES LLC.)(US), ACUITY BRANDS, INC.(US), Lumileds Holding B.V.(Netherlands), Cree LED an SGH company(US), TCP Lighting(US), PARsource(US), EconoLux Industries Ltd.(China), Oreon (Netherlands), GlacialLight – Division of GlacialTech Inc.(Taiwan), Black Dog Horticulture Technologies & Consulting(US), ViparSpectra(US), Active Grow(US), Agnetix(US), Thrive Agritech(US), Bridgelux, Inc.(US), and Kroptek(UK).
- Published: August 2023
- Price: $ 4950
- TOC Available:
Quantum Cascade Laser Market by Fabrication Technology (Fabry–Perot, Distributed Feedback), Packaging Type, Operation Mode, End-User Industry (Medical, Military & Defense, Telecommunications, Industrial) and Region - Global Forecast to 2028

The global quantum cascade laser market is expected to grow from USD 429 million in 2023 to USD 533 million by 2028, at a compound annual growth rate (CAGR) of 4.4% during the forecast period.The major players Thorlabs, Inc. (US), Hamamatsu Photonics K.K. (Japan), MirSense (France), Emerson Electric Co. (US), Block Engineering. (US), Wavelength Electronics, Inc. (US), Daylight Solutions. (US), Alpes Lasers (Switzerland), nanoplus Nanosystems and Technologies GmbH (Germany), and Akela Laser Corporation (US).
- Published: July 2023
- Price: $ 4950
- TOC Available:
Agricultural Lighting Market by Light Source (Fluorescent, HID, LED), Application (Horticulture, Livestock, Aquaculture), Offering (Hardware, Software, Services), Installation Type, Wattage Type, Sales Channel and Region - Global Forecast to 2028

The global agricultural lighting market size is expected to grow from USD 11.8 billion in 2023 to USD 21.4 billion by 2028, at a compound annual growth rate (CAGR) of 12.5% during the forecast period.The Key Market Players Signify Holding (Netherlands), ams-OSRAM GmbH (Germany), Gavita International B.V. (Netherlands), Valoya (Finland), California Lightworks (US), DeLaval (Sweden), CBM Lighting (Canada), Heliospectra AB (Sweden), Hortilux Schreder (Netherlands).
- Published: June 2023
- Price: $ 4950
- TOC Available:
Laser Marking Market Size, Share, Statistics and Industry Growth Analysis Report by Laser Type (Fiber Laser, Diode Laser, Solid-state Laser, CO2 Laser, UV Laser), Industry (Machine Tools, Semiconductor & Electronics, Automotive), Offering, Application, Method, Material and Region - Global Forecast to 2027

The laser marking market is expected to grow from USD 2.9 billion in 2022 to USD 4.1 billion by 2027, at a compound annual growth rate (CAGR) of 7.2% during the forecast period.The Key Players Coherent, Inc. (US), TRUMPF (Germany), Han’s Laser Technology Co., Ltd. (China), Gravotech Marking (France), IPG Photonics Corp. (US), 600 Group (UK), Danaher Corp. (US), Novanta Inc. (US), KEYENCE Corp. (Japan), Huagong Tech Co., Ltd. (China), Trotec Laser (Austria), Epilog Laser (US), and MECCO (US).
- Published: September 2022
- Price: $ 4950
- TOC Available:
Laser Diode Market by Wavelength (Infrared, Green, Blue, Ultraviolet), Doping Material, Technology (Distributed Feedback, Quantum Cascade, VCSEL), Application (Industrial, Medical, Consumer Electronics, Telecommunication), Region -Global Forecast to 2032

Laser diodes are used mainly in applications such as communications & optical storage, industrial, medical, military & defense, instrumentation & sensor, and others. Among these, communications & optical storage, industrial, and medical applications are increasingly used. The laser diode market is dynamic and rapidly developing, and new applications are emerging continuously. The total laser diode market is expected to reach USD 11.94 Billion by 2020, at a CAGR of 13.0% between 2015 and 2020. This report aims to analyze the market for laser diodes with respect to type, mode of operation, wavelength, application, and geography.
- Published: September 2022
- Price: $ 4950
- TOC Available:
COVID-19 Impact on Smart Lighting Market by Offering (Hardware, Software and Services), Installation Type (New Installations and Retrofit Installations), End-use Application (Indoor and Outdoor), and Region - Global Forecast to 2025

The COVID-19 Impact on Smart Lighting Market is expected to grow from USD 9.4 billion in 2020 to USD 24.2 billion by 2025, at a CAGR of 20.9% during the forecast period. Some of the major players in the smart lighting market are Signify (Philips Lighting) (Netherlands), Legrand S.A. (France), Acuity Brands, Inc. (US), General Electric Company (US), OSRAM Licht (Germany), Zumtobel Group (Austria), Hubbell Incorporated (US), Dialight PLC (UK), Ideal Industries, Inc. (Cree) and Schneider Electric (France) among others.
- Published: April 2020
- Price: $ 4950
- TOC Available:
Optoelectronic Components Market by Component (Sensor, LED, Laser Diode, and Infrared Components), Application (Measurement, Lighting, Communications, and Security & Surveillance), Material, Vertical, and Region - Global Forecast to 2025

The global optoelectronic components market is expected to reach USD 52.7 billion by 2025, recording a CAGR of 5.0% during the forecasting period. Key players operating in the optoelectronic components market include Hamamatsu (Japan), Osram (Germany), TT Electronics (UK), Vishay (US), ON Semiconductor (US), Cree (US), Trumpf (Germany), SICK AG (Germany), Samsung (South Korea), Sony (Japan), and Broadcom (US). Other major companies focus on organic and inorganic growth strategies such as product launches and developments, mergers and acquisitions, agreements, contracts, partnerships, collaborations, and expansions to increase their revenue.
- Published: February 2020
- Price: $ 4950
- TOC Available:
Plasma Lighting Market by Component (Lightron, Waveguide, and Cavity Resonator), Application (Roadways, Streets, and Tunnels Industrial, and Horticulture), Wattage (300W, 700W, and 1,000W), and Geography - Global Forecast 2025-2036

The plasma lighting market was valued at USD 0.42 billion in 2024 and is estimated to reach USD 1.20 billion by 2036, at a CAGR of 9.3% between 2025 and 2036. A few key players operating in the plasma lighting market are Luma Group (US), Ceravision (UK), Hive Lighting (US), Ka Shui International Holdings (China), Green de Corp (China), Gavita (Netherlands), Griffin & Ray (US), Guangzhou Kaiming Industries (China), BIRNS (US) and FusionLux (US).
- Published: August 2019
- Price: $ 4950
- TOC Available:
High Power LED Market by Packaging Type (Flip Chip, Mesa, and Vertical), Application (General Lighting, Automotive, Flash Lighting, Backlighting,) and Geography (APAC, North America, Europe, Rest of the World) - Global Forecast 2025-2036

The global high power LED market was valued at USD 4.23 billion in 2025 and is estimated to reach USD 6.08 billion by 2036, at a CAGR of 3.4% between 2025 and 2036.. The major high power LED vendors include Cree (US), Nichia (Japan), OSRAM (Germany), Samsung (South Korea), Everlight (Taiwan), Lumileds (Netherlands), Epistar (Taiwan), LG Innotek (South Korea), Broadcom (US), MLS (China), and Seoul Semiconductor (South Korea). The other companies include Luckylight Electronics (China), Plessey Semiconductors (UK), Betlux Electronics (China), Effilux (France), Lite-On Technology (Taiwan), Crescent LED (UK), Vollong Electronics (China), and Stanley Electric (Switzerland).
- Published: July 2019
- Price: $ 4950
- TOC Available:
Solid-State and Other Energy-Efficient Lighting Market by Technology (Solid-State, HID, Fluorescent), Installation Type (New & Retrofit), Offering (Hardware, Software, & Services), Application, and Geography - Global Forecast to 2022

The solid-state and other energy-efficient lighting market based on region was valued at USD 118.29 Billion in 2015 and is expected to reach USD 174.45 Billion by 2022, growing at a CAGR of 5.38% between 2016 and 2022. The demand for solid-state and other energy-efficient lighting is increasing because of several factors such as rising demand for environment-friendly lighting technologies, reduction in the overall maintenance costs of solid-state and other energy-efficient lighting products, and increased infrastructure growth in various developing countries such as India, China, and South Korea.
- Published: February 2017
- Price: $ 4950
- TOC Available:

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