TrendForce 2026 Global LED Lighting Market Analysis Report Published

According to TrendForce's latest report "2026 Global LED Lighting Market Trends - Data Database and Manufacturer Strategies - 1H26", the global LED lighting market will usher in a critical transition period from decline to stability in 2026 after experiencing fluctuations in the external macro environment and demand adjustments. As terminal inventories return to healthy levels, the annual market decline is expected to converge significantly, and overall demand gradually returns to the basic market. More importantly, the focus of competition in the lighting industry is undergoing a profound qualitative change, shifting from product price competition to the upgrading of application scenario value and system integration capabilities.

The following are five major strategic observations on the global LED lighting market in 2026:

1. LED general lighting market: industrial and outdoor become the main supporting momentum

Although general lighting is still in an adjustment period in 2026, specific segments have shown strong growth potential.

Industrial lighting will become the core growth engine in 2026, driven by investment in national defense, aerospace, nuclear power, natural gas (LNG) and strategic resources. At the same time, the construction of AI data centers is accelerating, driving demand for energy infrastructure lighting. In the outdoor field, the renewal of old infrastructure and the upgrading of tunnel lighting standards continue to increase the demand for replacement. Lighting, smart and energy-saving solutions for sports and entertainment venues are also providing new additions.

By region, Europe still accounts for the largest share, followed by North America and Asia-Pacific; the CAGR of LED lighting in Europe from 2025 to 2030 is 2.3%, and the main driving force is the lighting market demand for mandatory energy-saving transformation due to accelerating energy costs; the Asia-Pacific region still maintains positive growth, especially the Southeast Asian market, with a CAGR of 3.6% from 2025 to 2030.

2. Intelligent lighting market: shifting from specification competition to scene and human factors value

TrendForce pointed out that in 2025, the global lighting industry will enter a new stage with emotional lighting (Emotional Lighting) and human factors lighting (HCL) as the core. The competition logic has shifted from the traditional physical orientation such as energy efficiency and protocols to a value orientation focusing on circadian rhythm and scene experience. Thanks to the implementation of AI dimming, full-spectrum control and software-defined lighting (SDL), lighting products are evolving from static devices to system nodes with sensing and learning capabilities. According to the latest data from TrendForce, the market size will increase to US$21.785 billion in 2030, with a compound growth rate of 13.6% from 2025 to 2030. The growth momentum mainly comes from the value enhancement brought by intelligence and system upgrades in the three major application scenarios of home, outdoor and industry.

With the accelerated integration of AI, SDL and IoT technologies, the role of lighting products is being upgraded from basic lighting equipment to key sensing and interaction nodes in smart life, urban governance and industrial digital systems. TrendForce believes that manufacturers with software and hardware integration capabilities, ecosystem collaboration capabilities, and scenario-based application understanding capabilities will have a better chance of gaining an advantageous position in the next stage of smart lighting market competition.

3. Agricultural lighting: Regional differentiation is intensifying, and European demand still has growth potential

The replacement cycle of special cash crops has not arrived as expected. Under budget cuts, end product prices have repeatedly dropped. In addition, there are also delays in new greenhouse and vertical farm projects around the world. However, in comparison, the European market, driven by energy-saving regulations and the introduction of high-efficiency photosynthetic photon flux efficiency (PPF/W:PPE) products, has maintained strong growth, effectively hedging the negative impact of North America and other regions. The LED plant lighting market size will reach US$1.365 billion in 2025 (+4% YoY).

Looking forward to 2026, looking only at greenhouse applications, with the European stock market LED replacing HPS accelerating, at the same time, North America, Asia and the Middle East are experiencing a period of significant incremental expansion, especially new projects driven by food safety policies and export trade. Driven by the demand for high PPE, spectral adjustability, and intelligent LED lighting systems, TrendForce estimates that the market size is expected to reach US$1.041 billion in 2030, with a compound annual growth rate of 4% from 2025 to 2030.

In the packaging market, from a technical perspective, 2026 will be the year when spectral technology (multi-color LED) accelerates its introduction into the market. Most registered products will generally have dynamic dimming functions. At the same time, precise control of products will be required, driving the market to pursue high-quality products, which is expected to drive an increase in agricultural lighting LED shipments. In terms of price, after early inventory adjustments and competitive reshuffles, it is expected that the average selling price (ASP) of agricultural lighting LEDs will stabilize in 2026.

4. Manufacturer revenue: The contribution of smart lighting products and segmented application markets has increased.

According to the latest statistics from TrendForce, the total revenue of the world's top 20 lighting manufacturers will drop to US$23.355 billion in 2025, an annual decrease of 2%. The top five are Signify, Acuity, Panasonic, LEDVANCE and Zumtobel, with stable rankings.

According to TrendForce’s observation, in the competition in segmented fields, the professional segment (Professional Segment) shows its advantages in scale effect. From the perspective of competition, Signify and LEDVANCE, global general lighting targets, will face revenue declines in 2025, mainly due to the impact of the real estate downturn and price wars on the traditional home and commercial general lighting markets. In contrast, companies that are deeply involved in high-tech threshold fields have performed more steadily. Warom, which specializes in explosion-proof and industrial lighting, will benefit from the recovery of global energy mining activities and the growth of industrial security demand, and its revenue can achieve 5.8% growth in 2025. Similarly, Glamox Group, which focuses on marine and offshore energy lighting, will maintain a steady growth rate of 3.2%, driven by the demand for marine lighting updates driven by the EU's maritime carbon emission policy. TrendForce believes that as the scale effect of general lighting gradually expires, market segments with high technical barriers have become the key for companies to maintain profits and growth. key.

5. Lighting packaging market: bid farewell to price wars and enter the stage of price stability and quality improvement

According to TrendForce market research analysis, affected by cost optimization and strategic shifts of European and American brand manufacturers, the lighting LED market in 2025 will face the challenges of expanding average price declines and low order visibility due to the centralized introduction of cost-effective solutions and low-cost competition. The lighting packaging market is expected to get rid of its downward momentum in 2026 after experiencing long-term profit dilution.

As upstream material costs rise, LED packaging prices are expected to break away from the past downward trend and stabilize in 2026, with the industry as a whole showing a trend of shrinking volume and flat prices. Driven by sustainable development policies, the implementation of carbon reduction goals and the strengthening of green building regulations, the industrial structure is undergoing qualitative changes. It is expected that the LED lighting industry will complete a phased bottoming in 2026 and begin to rebound in 2027. TrendForce remains cautiously optimistic about the future market, estimating that the global lighting LED market will reach US$3.734 billion in 2030, with a compound annual growth rate of 2.5% from 2025 to 2030.

TrendForce has insight into global LED lighting industry trends, covering general, smart and agricultural lighting market size, price and regional distribution, and analyzing the development of the packaging market. The report tracks the revenue and strategies of the top 20 manufacturers, analyzes the competitive layout of benchmark companies such as Signify, Acuity, Panasonic, LEDVANCE and Opple, and provides trends and price trends of seven major lighting categories, supplemented by monthly segmented application market analysis.

TrendForce 2026 Global LED Lighting Market Trends-Data Database and Manufacturer Strategies-1H26

1. Data Database and Manufacturer Strategies

Publication Date: February 12, 2026; August 15, 2026

Format: PDF and Excel

Language: Traditional Chinese / English

2. LED Lighting Market Monthly Report- Segmented application market and product analysis

Publication time: 20th of every month

Format: PDF

Language: Traditional Chinese / English

[EXCEL] 2026 Global LED Lighting Market Trends - Data Database

Part One Introduction

1.1 Market Research Methods

1.2 GDP of Major Economies

1.3 Exchange Rate Conversion

Part Two General Lighting Market Analysis (2026-2030)

2.1 LED General Lighting Market Scale Estimation - Output Value & Shipment & Price - Product Category

2.2 LED general lighting market size estimate - output value - product category - light source type & lamp type

2.3 LED general lighting market size estimate - output value - regional category

2.4 LED general lighting market size estimate - output value & shipments - product category & regional category

2.5 LED general lighting market size estimate - output value - application category

2.6 LED General lighting market size estimate - stock penetration rate

2.7 Estimated lighting-grade packaging market size - production value & shipments - application type

2.8 Estimated lighting-grade packaging market size - production value & shipments - power type

2.9 Lighting-grade packaging market size - production value & shipments - packaging type

2.10 Lighting-grade packaging market size - production value - color temperature

2.11 Lighting-grade packaging market size - production value - Color rendering

2.12 Price of lighting LED package products

Part 3 Analysis of the market scale of intelligent lighting (2026-2030)

3.1 Analysis of the market scale of LED intelligent lighting - output value - application

3.2 Analysis of market scale of LED intelligent lighting - output value - region

Part 4 Analysis of the scale of agricultural lighting market (2026-2030)

4.1 LED Plant lighting market size analysis-output value-application

4.2 LED plant lighting market size analysis-output value-region

4.3 Agricultural lighting LED market size analysis - output value & shipment volume - power category

4.4 Agricultural lighting LED market size analysis - output value & shipment volume - chip color category

4.5 Agricultural lighting LED price

4.6 Plant lighting LED manufacturer revenue ranking (2023-2025E)

Part 5 Lighting manufacturer revenue ranking and revenue estimate

5.1 Revenue ranking of the top 20 lighting manufacturers - total lighting and LED lighting (2023-2025E)

5.2 Revenue ranking of the top 20 lighting manufacturers - application (2023-2025E)

5.3 Revenue ranking of the top 10 lighting LED manufacturers (2023-2025E)

Part 6 LED lighting product specification requirements and price trends

6.1 Regional market development trends of LED filament lamps

6.2 Regional market development trends of LED street lamps

6.3 Regional market development trends of LED flat panel lamps

6.4 Regional market development trends of LED trough lights

6.5 Regional market development trends of LED patio lights

6.6 Regional market development trends of LED explosion-proof lights

6.7 Regional market development trends of LED plant growth lights

[PDF] 1. 2026 Global LED Lighting Market Trends - Data Database and Manufacturer Strategies

Chapter 1 Global Smart LED Lighting Market Trends

2026-2030 Global Smart LED Lighting market size estimate

2026-2030 Global smart LED lighting market size estimate: Home lighting

2025-2026 LED smart home lighting products

2026-2030 Global smart LED lighting market size estimate: Outdoor lighting

2026-2030 Global smart LED lighting market size estimate: Industrial lighting

2026-2030 Global Smart LED Lighting Market Scale Estimation - Region

Smart Lighting Control Protocol - Bluetooth

Intelligent lighting control protocol - Zhaga

Chapter 2 Analysis of lighting manufacturers’ revenue and market strategies

• 2023-2025(E) Top 20 lighting manufacturers: Total lighting revenue estimates and rankings

• 2023-2025(E) Top 20 lighting manufacturers: LED lighting revenue estimates and rankings

• Manufacturer revenue and product dynamics analysis

. Signify

. Zumtobel

. Fagerhult

. Acuity Brands

. Current

. Panasonic

. Endo Lighting

• Analysis of revenue and product dynamics of Chinese manufacturers

. LEDVANCE/MLS

. Op Lighting

. NVC Lighting

. Foshan Lighting

. Sunshine Lighting

[PDF] 2. LED Lighting Monthly Report-Segmented Application Market and Product Analysis

• Foreword

• TrendForce opinion

• Market overview and characteristics analysis

• Product types and application scenarios analysis

• Analysis of mainstream product specifications and LED requirements

• Analysis of manufacturer dynamics and competitive landscape