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China LED Lighting Market Size

The China LED Lighting Market is projected to experience significant growth over the forecast period, driven by increasing demand across various sectors. The market's expansion is particularly notable in industrial and warehouse applications, which currently dominate the market share. Despite challenges such as weak domestic consumption and supply chain disruptions, the demand for indoor lighting is expected to rise, fueled by China's robust industrial production and the growing need for automotive manufacturing plants and warehouses. Additionally, the retail sector's growth and the surge in online shopping are anticipated to further boost the market size, as more warehouses will require advanced lighting solutions.

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Market Size of china led lighting Industry

China LED Lighting Market Summary
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svg icon Study Period 2017 - 2030
svg icon Market Size (2024) USD 6.59 Billion
svg icon Market Size (2030) USD 11.80 Billion
svg icon Largest Share by Indoor Lighting Industrial and Warehouse
svg icon CAGR (2024 - 2030) 10.20 %
svg icon Fastest Growing by Indoor Lighting Agricultural Lighting
svg icon Market Concentration Low

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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China LED Lighting Market Analysis

The China LED Lighting Market size is estimated at 6.59 billion USD in 2024, and is expected to reach 11.80 billion USD by 2030, growing at a CAGR of 10.20% during the forecast period (2024-2030).

6.59 Billion

Market Size in 2024 (USD)

11.80 Billion

Market Size in 2030 (USD)

6.63 %

CAGR (2017-2023)

10.20 %

CAGR (2024-2030)

Largest Segment by Automotive Utility Lighting

63.22 %

value share, Headlights, 2023

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This category is growing due to the rise in the number of government regulations and safe driving parameters set by the government body.

Largest Segment by Automotive Vehicle Lighting

63.46 %

value share, Passenger Cars, 2023

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The total sales of LED in this category were expected to reach 1050.6 million by the end of 2023. In March 2023, more than 1.05 million passenger vehicles were sold in China.

Largest Segment by Indoor Lighting

79.65 %

value share, Industrial and Warehouse, 2023

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China's Industrial Production rose by 3.6% in 2022. The rise in e-commerce contributed to an increase in the number of warehouses and the logistics industry.

Largest Segment by Outdoor Lighting

70.81 %

value share, Streets and Roadways, 2023

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China's Belt and Road Initiative (BRI) is one of the most ambitious infrastructure projects conceived, with further development underway.

Leading Market Player

9.90 %

market share, OPPLE Lighting Co., Ltd, Ltd

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OPPLE Lighting has unveiled its entire lighting portfolio, covering all major products from commercial lighting to light sources to consumer lighting.

Growing star-ups, rising manufacturing facilities, and increasing retail sales are expected to raise the demand for indoor lighting

  • In 2023, industrial and warehouse (I&W) accounted for the majority of the share (79.6%), followed by commercial, agricultural, and residential. The market share is expected to have a minimal reduction in all applications and a gain in (I&W) in the coming years. Chinese industries faced several internal and external headwinds, such as weak domestic consumption, declining business confidence, and supply chain disruptions caused by the surge of COVID-19. Further, China sustained its industrial production in 2021. In 2021, China produced a total of USD 4865.8 billion, an increase of 26.04% compared to 2020. Thus, the growing industrial production will create demand for Indoor lighting in the coming years.
  • The demand for automotive manufacturing plants and warehouses across China is rising, and this is due to the global auto market relying on China because of its cheap components, source of finished cars, and others. Such instances necessitate more requirements for Indoor LEDs during the study period. BMW opened a new factory in the city of Shenyang, and Audi started production at a new EV factory in the city of Changchun.
  • China’s retail sector continues to show signs of robust growth, with retail sales surging by 12.7% in May 2023 from a year earlier. The rapid increase in online shoppers is further expected to boost the need for new warehouses in the region, resulting in more demand for indoor lighting.
  • China is one of the top players in creating billion-dollar start-ups. In 2022, China added 74 new unicorns, falling behind the United States. Around 70% of its new unicorns come from the healthcare and smart logistics sectors, which surges the demand for commercial spaces. The above instances are expected to drive the demand for Indoor LEDs in the coming year.
China LED Lighting Market

China LED Lighting Industry Segmentation

Agricultural Lighting, Commercial, Industrial and Warehouse, Residential are covered as segments by Indoor Lighting. Public Places, Streets and Roadways, Others are covered as segments by Outdoor Lighting. Daytime Running Lights (DRL), Directional Signal Lights, Headlights, Reverse Light, Stop Light, Tail Light, Others are covered as segments by Automotive Utility Lighting. 2 Wheelers, Commercial Vehicles, Passenger Cars are covered as segments by Automotive Vehicle Lighting.

  • In 2023, industrial and warehouse (I&W) accounted for the majority of the share (79.6%), followed by commercial, agricultural, and residential. The market share is expected to have a minimal reduction in all applications and a gain in (I&W) in the coming years. Chinese industries faced several internal and external headwinds, such as weak domestic consumption, declining business confidence, and supply chain disruptions caused by the surge of COVID-19. Further, China sustained its industrial production in 2021. In 2021, China produced a total of USD 4865.8 billion, an increase of 26.04% compared to 2020. Thus, the growing industrial production will create demand for Indoor lighting in the coming years.
  • The demand for automotive manufacturing plants and warehouses across China is rising, and this is due to the global auto market relying on China because of its cheap components, source of finished cars, and others. Such instances necessitate more requirements for Indoor LEDs during the study period. BMW opened a new factory in the city of Shenyang, and Audi started production at a new EV factory in the city of Changchun.
  • China’s retail sector continues to show signs of robust growth, with retail sales surging by 12.7% in May 2023 from a year earlier. The rapid increase in online shoppers is further expected to boost the need for new warehouses in the region, resulting in more demand for indoor lighting.
  • China is one of the top players in creating billion-dollar start-ups. In 2022, China added 74 new unicorns, falling behind the United States. Around 70% of its new unicorns come from the healthcare and smart logistics sectors, which surges the demand for commercial spaces. The above instances are expected to drive the demand for Indoor LEDs in the coming year.
Indoor Lighting
Agricultural Lighting
Commercial
Office
Retail
Others
Industrial and Warehouse
Residential
Outdoor Lighting
Public Places
Streets and Roadways
Others
Automotive Utility Lighting
Daytime Running Lights (DRL)
Directional Signal Lights
Headlights
Reverse Light
Stop Light
Tail Light
Others
Automotive Vehicle Lighting
2 Wheelers
Commercial Vehicles
Passenger Cars
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China LED Lighting Market Size Summary

The China LED Lighting Market is poised for significant growth, driven by various industrial and commercial developments. The market is experiencing a robust expansion due to the increasing demand for indoor lighting in industrial and warehouse sectors, which currently hold a substantial share of the market. The rise in automotive manufacturing plants and warehouses, fueled by China's pivotal role in the global auto market, is a key factor contributing to this demand. Additionally, the rapid growth of China's retail sector and the surge in online shopping are prompting the construction of new warehouses, further boosting the need for LED lighting. The proliferation of billion-dollar start-ups, particularly in healthcare and smart logistics, is also driving the demand for commercial spaces, thereby increasing the adoption of LED lighting solutions.

The market is characterized by a fragmented landscape with several key players, including Guangdong PAK Corporation Co. Ltd, OPPLE Lighting Co., Ltd, OSRAM GmbH, Panasonic Holdings Corporation, and Signify (Philips). These companies are actively innovating and expanding their product offerings to meet the growing demand. The increase in homeownership and the rise in disposable income are further propelling the market, as more individuals invest in new residential spaces equipped with energy-efficient lighting solutions. Government initiatives and programs promoting the use of energy-conserving light bulbs and LEDs are also expected to enhance market penetration. As China continues to urbanize and expand its infrastructure, the LED lighting market is set to experience sustained growth, supported by technological advancements and strategic investments.

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China LED Lighting Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)

    1. 1.1 Indoor Lighting

      1. 1.1.1 Agricultural Lighting

      2. 1.1.2 Commercial

        1. 1.1.2.1 Office

        2. 1.1.2.2 Retail

        3. 1.1.2.3 Others

      3. 1.1.3 Industrial and Warehouse

      4. 1.1.4 Residential

    2. 1.2 Outdoor Lighting

      1. 1.2.1 Public Places

      2. 1.2.2 Streets and Roadways

      3. 1.2.3 Others

    3. 1.3 Automotive Utility Lighting

      1. 1.3.1 Daytime Running Lights (DRL)

      2. 1.3.2 Directional Signal Lights

      3. 1.3.3 Headlights

      4. 1.3.4 Reverse Light

      5. 1.3.5 Stop Light

      6. 1.3.6 Tail Light

      7. 1.3.7 Others

    4. 1.4 Automotive Vehicle Lighting

      1. 1.4.1 2 Wheelers

      2. 1.4.2 Commercial Vehicles

      3. 1.4.3 Passenger Cars

China LED Lighting Market Size FAQs

The China LED Lighting Market size is expected to reach USD 6.59 billion in 2024 and grow at a CAGR of 10.20% to reach USD 11.80 billion by 2030.

In 2024, the China LED Lighting Market size is expected to reach USD 6.59 billion.

China LED Lighting Market Report Snapshots

China LED Lighting Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030