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France LED Lighting Market Size

The France LED Lighting Market is projected to experience significant growth over the forecast period, driven by various segments such as industrial, residential, and office lighting. The industrial and warehouse sectors currently hold a substantial share in terms of value, with the demand in warehouses continuing to rise despite market saturation in LED demand. The residential segment, while showing mixed construction activity, is expected to stabilize, contributing to the market's expansion. The office segment is anticipated to recover as FDI flows and office sales rebound post-pandemic, further boosting the market's overall size.

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Market Size of france led lighting Industry

France LED Lighting Market Summary
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svg icon Study Period 2017 - 2030
svg icon Market Size (2024) USD 2.00 Billion
svg icon Market Size (2030) USD 3.07 Billion
svg icon Largest Share by Indoor Lighting Industrial and Warehouse
svg icon CAGR (2024 - 2030) 7.43 %
svg icon Fastest Growing by Indoor Lighting Industrial and Warehouse
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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France LED Lighting Market Analysis

The France LED Lighting Market size is estimated at 2.00 billion USD in 2024, and is expected to reach 3.07 billion USD by 2030, growing at a CAGR of 7.43% during the forecast period (2024-2030).

2.00 Billion

Market Size in 2024 (USD)

3.07 Billion

Market Size in 2030 (USD)

5.15 %

CAGR (2017-2023)

7.43 %

CAGR (2024-2030)

Largest Segment by Automotive Utility Lighting

62.68 %

value share, Headlights, 2023

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The country has a national objective of establishing 100,000 public charging stations for electric cars, indicating more use of headlights and higher use of LEDs.

Largest Segment by Automotive Vehicle Lighting

61.91 %

value share, Passenger Cars, 2023

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The passenger car fleet expanded from over 35.8 million passenger automobiles in 2011 to more than 38.7 million in January 2022, resulting in more use of LED lights.

Largest Segment by Indoor Lighting

72 %

value share, Industrial and Warehouse, 2023

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The industrial sector accounted for 19.5% of its GDP. In France, manufacturing accounts for 86% of total production, increasing the value of the segment and the use of LED lights.

Largest Segment by Outdoor Lighting

75.57 %

value share, Public Places, 2023

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The ongoing transformation and infrastructure expansion projects included in smart city initiatives are expected to further increase the demand for LED outdoor lighting.

Leading Market Player

10.89 %

market share, Signify (Philips), 2022

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Signify Philips holds the largest market share individually. Signify has been driving the shift from conventional fluorescent lighting to the more environmentally friendly LED.

Increasing developments in the industrial and residential segments, along with FDI flows in the commercial office segment, driving the market’s growth

  • In terms of value share, in 2023, industrial and warehouse accounted for the majority share among indoor lighting segments. The COVID-19 pandemic seems to have accelerated France's efforts to return industrial production capacities to the country. French industrial production increased by 1.1% over one month in December 2022, after +2% in November 2022. Manufacturing output rose by 0.3% M-o-M in December 2022, after +2.4% in November 2022. While the market in this segment is saturating in terms of LED demand, the growth in the segment with an increasing number of warehouses is expected to continue boosting the demand.
  • In terms of volume, in 2023, residential accounted for the highest share. Residential construction activity has been showing mixed results in recent years. In the first 11 months of 2022, new dwellings authorized in France, excluding Mayotte, rose by 5.6% Y-o-Y to 448,416 units, following an 18.5% Y-o-Y increase in 2021. During 2023, house prices in France were expected to stabilize a bit (perhaps growth would drop below 5%), and the number of property sales would remain just above 1 million during the year. Since the COVID-19 pandemic-induced confinements, many people have moved from the major cities to the provinces in France. The market in the residential indoor lighting segment is expected to get more stable over the coming years.
  • The office segment's share was expected to increase from 2023 after declining during the pandemic due to WFH conditions and low development and sales. After dropping due to the COVID-19 pandemic, FDI flows to France rebounded in 2021 (+191.4%) but remained below pre-crisis levels. In 2022, FDI projects increased by 3% (1,259 projects) in France. Rebound sales in the office segment are expected to increase demand for LEDs.
France LED Lighting Market

France 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 terms of value share, in 2023, industrial and warehouse accounted for the majority share among indoor lighting segments. The COVID-19 pandemic seems to have accelerated France's efforts to return industrial production capacities to the country. French industrial production increased by 1.1% over one month in December 2022, after +2% in November 2022. Manufacturing output rose by 0.3% M-o-M in December 2022, after +2.4% in November 2022. While the market in this segment is saturating in terms of LED demand, the growth in the segment with an increasing number of warehouses is expected to continue boosting the demand.
  • In terms of volume, in 2023, residential accounted for the highest share. Residential construction activity has been showing mixed results in recent years. In the first 11 months of 2022, new dwellings authorized in France, excluding Mayotte, rose by 5.6% Y-o-Y to 448,416 units, following an 18.5% Y-o-Y increase in 2021. During 2023, house prices in France were expected to stabilize a bit (perhaps growth would drop below 5%), and the number of property sales would remain just above 1 million during the year. Since the COVID-19 pandemic-induced confinements, many people have moved from the major cities to the provinces in France. The market in the residential indoor lighting segment is expected to get more stable over the coming years.
  • The office segment's share was expected to increase from 2023 after declining during the pandemic due to WFH conditions and low development and sales. After dropping due to the COVID-19 pandemic, FDI flows to France rebounded in 2021 (+191.4%) but remained below pre-crisis levels. In 2022, FDI projects increased by 3% (1,259 projects) in France. Rebound sales in the office segment are expected to increase demand for LEDs.
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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France LED Lighting Market Size Summary

The France LED Lighting Market is poised for significant growth, driven by various factors across different segments. The industrial and warehouse sectors currently dominate the indoor lighting market, with a steady demand for LEDs despite market saturation, largely due to the increasing number of warehouses. The residential sector holds the largest volume share, with construction activities showing a mixed but generally upward trend. The shift of populations from urban to provincial areas post-pandemic has contributed to a more stable residential market, which is expected to continue evolving. The office segment, previously impacted by remote work trends, is anticipated to rebound, further boosting LED demand. The growing population and household numbers in France are also contributing to the increased need for illumination, supporting market expansion.

The market landscape is characterized by a high level of fragmentation, with major players like LEDVANCE GmbH, Marelli Holdings Co. Ltd, OSRAM GmbH, Signify (Philips), and Thorn Lighting Ltd. holding significant shares. Government initiatives, such as the Energy Savings Certificate scheme, are expected to further drive LED adoption by providing financial incentives for consumers. The rise in electric vehicle registrations and the corresponding need for advanced lighting solutions in the automotive sector also present growth opportunities. Technological innovations, such as those introduced by Signify, are enhancing energy efficiency and user convenience, aligning with the broader EU energy labeling and eco-design frameworks. These developments collectively indicate a robust growth trajectory for the LED lighting market in France over the forecast period.

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France 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

France LED Lighting Market Size FAQs

The France LED Lighting Market size is expected to reach USD 2.00 billion in 2024 and grow at a CAGR of 7.43% to reach USD 3.07 billion by 2030.

In 2024, the France LED Lighting Market size is expected to reach USD 2.00 billion.

France LED Lighting Market Report Snapshots

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