Led Table Lamps Market
Led Table Lamps Market
The market for Led Table Lamps was estimated at $23.86 billion in 2024; it is anticipated to increase to $43.2 billion by 2030, with projections indicating growth to around $70.8 billion by 2035.
Global Led Table Lamps Market Outlook
Revenue, 2024 (US$B)
$23.9B
Forecast, 2034 (US$B)
$64.2B
CAGR, 2024 - 2034
10.4%
Market Key Insights
- The Led Table Lamps market is projected to grow from $23.9 billion in 2024 to $64.2 billion in 2034. This represents a CAGR of 10.4%, reflecting rising demand across Energy Efficient Home Lighting, Office Lighting and Creative Lighting Design.
- Philips Lighting, OSRAM, IKEA are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Led Table Lamps market and are expected to observe the growth CAGR of 7.6% to 10.9% between 2024 and 2030.
- Emerging markets including Vietnam, Indonesia and South Africa are expected to observe highest growth with CAGR ranging between 10.0% to 13.0%.
- Transition like Shift Towards Energy Efficiency is expected to add $5.6 billion to the Led Table Lamps market growth by 2030
- The Led Table Lamps market is set to add $40.3 billion between 2024 and 2034, with manufacturer targeting Traditional & Transitional Design Style projected to gain a larger market share.
- With Energy efficiency revolution, and Technological advancements in lighting, Led Table Lamps market to expand 169% between 2024 and 2034.
Opportunities in the Led Table Lamps
A growing trend thats catching on is the interest in lighting products that promote health habits and well being awareness. LED desk lamps are able to cater to this need by offering functions such, as color settings to aid natural body rhythms and enhance sleep quality or choices for minimizing blue light output to lessen eye strain caused by prolonged screen use.
Growth Opportunities in North America and Europe
North America Outlook
Europe Outlook
Market Dynamics and Supply Chain
Driver: Energy Efficiency Revolution, and Growing Urbanization and Increasing Disposable Income
Restraint: High Initial Investment
Opportunity: Smart Home Integration and Eco-Friendly Initiatives
Challenge: Product Lifespan Variability
Supply Chain Landscape
Material Procurement
Cree Inc.
Nichia Corporation
Component Manufacturing
Everlight Electronics
Samsung Electronics
Assembly & Testing
Phillips Lighting
Osram Light AG
Distribution & Retail
IKEA
Bed Bath & Beyond
Material Procurement
Cree Inc.
Nichia Corporation
Component Manufacturing
Everlight Electronics
Samsung Electronics
Assembly & Testing
Phillips Lighting
Osram Light AG
Distribution & Retail
IKEA
Bed Bath & Beyond