Italy LED Lighting Market Overview, 2028

Italy LED Lighting market Size, Share, Trend & Market Analysis By Type, By Distribution Channel, By End User, Competition, Forecast & Opportunities.

One of Europe's biggest markets for lighting is Italy. Italian lighting goods can be either ornamental or technological, and they can be used inside or outdoors. Italy's national economy is driven by the lighting industry, which also contributes significantly to exports. Although the value of manufacturing has increased in recent years, it must nevertheless take into account a rapidly changing consumer market that is becoming more cost-conscious and environmentally conscious, as well as regulations that are always changing. Italian businesses' offerings must thus be able to foresee and handle these changes and adjust both manufacturing and marketing to a rising emphasis on LEDs and smart lighting. The light-emitting diode (LED) is a semiconductor device that produces non-coherent, narrow-spectrum light when powered by electricity. LED-based lighting is preferred to conventional lighting technologies because it uses less energy, has a longer lifespan, and costs less to operate. The transformation of the lighting business to solid-state lighting and LED sources has made Europe one of the most imaginative lighting markets in the world.

According to the research report “Italy LED LightMarket Overview, 2028," published by Bonafide Research, the market will grow by USD 1.50 Billion in the upcoming period, 2022–2028. The luminaires segment dominated the overall Spain LED light market share in 2022 and is expected to remain dominant during the forecast period. ASSIL, the National Association of Lighting Manufacturers, unites companies producing LEDs, light sources, and electrical components for lighting on the Italian market, its member firms represented an industry with a global turnover of USD 3.11 Billion. ASSIL comprises over 80 producers of LED, light sources, and electrical lighting components. By assuming that the income reported by ASSIL accounts for more than 65% of the sector's overall Italian lighting industry turnover, we may project that the worldwide national lighting revenue in 2020 will be USD 4,78 Billion. It should be mentioned that in 2014, the Italian lighting industry's global sales were projected to have totaled USD 4,47 Billion.

The three-day Italian lighting exhibition is hosted by the Consortium Tecnoimprese exhibition company, once a year, with the support of the local government, as well as the Italian Electronics Association and the Italian Lighting Association, as Italy‘s only and most professional international electronic lighting Exhibition, exhibition scale is increasing year by year. The Italian International Electronic Lighting Show in the last product quality, design novel, set technology, innovation, and design in one, can be described as Italy LED lighting, home intelligent lighting technology milestone development, and for the next expansion of the exhibits category, Display lighting new technology laid the foundation. Italy does not produce enough LED lights domestically to cover the demand, which has increased in recent years and is expected to grow more. Therefore, the country must import energy-efficient lighting, as well as intelligent control systems including hardware and software, since the domestic industry is underdeveloped.

According to World Bank Data, Italy had a population of 59,109,668 in 2021, with a gender ratio of 49% males to 51.3% women. There is potential in both the residential and commercial sectors, which bodes well for the future of the smart lighting industry in Italy. The expansion of smart cities, rising wireless technology usage, and raising awareness of energy conservation are the main growth factors for this industry. The market for light-emitting diodes (LEDs) is anticipated to continue to develop at the greatest rate over the projected period. Declining LED costs, ease of maintenance, and high energy efficiency are anticipated to drive this segment's growth. Some LED lighting stores in Italy include PUK ITALY GROUP LTD, LLD LIGHT SRL, Led Italy Srl, Illuminazione LED GOLED, Linea Light Srl, Lanzini Illuminazione, Tre D Italy S.r.l, LED lights PLG, L&S Italia, AEC Illuminazione, Novalux srl.

The decrease in lighting costs is a key factor in the market's expansion in Italy. The price erosion is the cause of their expanding use in a variety of settings, such as illumination for homes, businesses, and factories. These are just a few of the brands that Gineico Lighting works with that are at the forefront of Italian lighting design: Luciferos, Fabbian, Antonangeli, Fontana Arte, Krea Design, Melogranoblu, Buzzi & Buzzi, VeniceM, InEs Art Lighting, Quicklighting, and Gineico Marine.

Covid19 impact on the LED light Market
The COVID-19 pandemic has and will undoubtedly continue to have an impact on the worldwide lighting industry. Due to the governments' tight lockdown policies, residential construction has been delayed in countries like China and India. The disruption in the supply of electrical components from China is another impact of the pandemic on the LED lighting industry. The lack of raw materials required for the production of light casings, chips, and other components has also had an impact on supply and demand in the lighting industry. It is projected that throughout the shutdown, the market will expand unabatedly. The pandemic has also influenced growth since early closures in the commercial sector and industries like the automotive and retail were a result.

Considered in this report
• Geography: Italy
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report
• Italy LED Light market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Product Type:
• Lamps :
• A-Type
• T-type
• Others (Can LED light bulbs, Flood LED light bulbs, Track LED light bulbs, Tube LED light bulbs, Etc.)
• Luminaries :
• Downlighting
• Decorative
• Directional
• Others

By Application:
• Indoor
• Outdoor

By Sales Channel:
• Retail/ Wholesale
• Direct Sale
• E-commerce

By Installation Type:
• New
• Retrofit

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual reports of companies, and analyzing government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by conducting telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the LED Lighting industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

What's Inside a Bonafide Research`s industry report?

Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally

Download Sample

Table of Contents

  • Table of Content
  • 1. Executive Summary
  • 2. Market Structure
  • 2.1. Market Considerate
  • 2.2. Assumptions
  • 2.3. Limitations
  • 2.4. Abbreviations
  • 2.5. Sources
  • 2.6. Definitions
  • 2.7. Geography
  • 3. Research Methodology
  • 3.1. Secondary Research
  • 3.2. Primary Data Collection
  • 3.3. Market Formation & Validation
  • 3.4. Report Writing, Quality Check & Delivery
  • 4. Italy Macro Economic Indicators
  • 5. Market Dynamics
  • 5.1. Key findings
  • 5.2. Market Drivers
  • 5.3. Market Restraints
  • 5.4. Policies & Certification
  • 5.5. Opportunities
  • 5.6. Value Chain Analysis
  • 5.7. Key Developments – 2021
  • 5.8. Covid-19 Effect
  • 5.9. Industry Experts Views
  • 6. Italy Market Trends
  • 7. Italy LED Lighting Market Overview
  • 7.1. Market Size By Value
  • 7.1.1. Market Size and Forecast By Product Type
  • 7.1.2. Market Size and Forecast By Application
  • 7.1.3. Market Size and Forecast By Sales Channel
  • 7.1.4. Market Size and Forecast By Installation Type
  • 8. Italy LED Lighting Market Segmentations
  • 8.1. Italy LED Lighting Market, By Product Type
  • 8.1.1. Italy LED Lighting Market Size, By Lamps, 2017-2028
  • 8.1.2. Italy LED Lighting Market Size, By Luminaires, 2017-2028
  • 8.2. Italy LED Lighting Market, By Application
  • 8.2.1. Italy LED Lighting Market Size, By Indoor, 2017-2028
  • 8.2.2. Italy LED Lighting Market Size, By Outdoor, 2017-2028
  • 8.3. Italy LED Lighting Market, By Sales Channel
  • 8.3.1. Italy LED Lighting Market Size, By Retail/Wholesale, 2017-2028
  • 8.3.2. Italy LED Lighting Market Size, By Direct Sale, 2017-2028
  • 8.3.3. Italy LED Lighting Market Size, By E-commerce, 2017-2028
  • 8.4. Italy Lighting Market, By Installation Type
  • 8.4.1. Italy LED Lighting Market Size, By New, 2017-2028
  • 8.4.2. Italy LED Lighting Market Size, By Retrofit, 2017-2028
  • 9. Italy LED Lighting Market Opportunity Assessment
  • 9.1. By Product Type, 2022E to 2028F
  • 9.2. By Application, 2022E to 2028F
  • 9.3. By Sales Channel, 2022E to 2028F
  • 9.4. By Installation Type, 2022E to 2028F
  • 10. Competitive Landscape
  • 10.1. Porter's Five Forces
  • 10.2. Company Profile
  • 10.2.1. Company 1
  • Company Snapshot
  • Company Overview
  • Financial Highlights
  • Geographic Insights
  • Business Segment & Performance
  • Product Portfolio
  • Key Executives
  • Strategic Moves & Developments
  • 10.2.2. Company 2
  • 10.2.3. Company 3
  • 10.2.4. Company 4
  • 10.2.5. Company 5
  • 10.2.6. Company 6
  • 10.2.7. Company 7
  • 10.2.8. Company 8
  • 11. Strategic Recommendations
  • 12. Disclaimer

List of Table
Table 1: Italy LED Lighting Market Size and Forecast By Product Type (2017, 2022 & 2028F)
Table 2: Italy LED Lighting Market Size and Forecast By Application (2017, 2022 & 2028F)
Table 3: Italy LED Lighting Market Size and Forecast By Sales Channel (2017, 2022 & 2028F)
Table 4: Italy LED Lighting Market Size and Forecast By Installation Type (2017, 2022 & 2028F)
Table 5: Italy LED Lighting Market Size of Lamps (2017 to 2028) in USD Billion
Table 6: Italy LED Lighting Market Size of Luminaires (2017 to 2028) in USD Billion
Table 7: Italy LED Lighting Market Size of Indoor (2017 to 2028) in USD Billion
Table 8: Italy LED Lighting Market Size of Outdoor (2017 to 2028) in USD Billion
Table 9: Italy LED Lighting Market Size of Retail/Wholesale (2017 to 2028) in USD Billion
Table 10: Italy LED Lighting Market Size of Direct Sale (2017 to 2028) in USD Billion
Table 11: Italy LED Lighting Market Size of E-commerce (2017 to 2028) in USD Billion
Table 12: Italy LED Lighting Market Size of New (2017 to 2028) in USD Billion
Table 13: Italy LED Lighting Market Size of Retrofit (2017 to 2028) in USD Billion

List of Figures
Figure 1: Italy LED Lighting Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 2: Market Attractiveness Index, By Product Type
Figure 3: Market Attractiveness Index, By Application
Figure 4: Market Attractiveness Index, By Sales Channel
Figure 5: Market Attractiveness Index, By Installation Type
Figure 6: Porter's Five Forces of Italy LED Lighting Market

Why Bonafide Research?

  • Our seasoned industry experts bring diverse sector experience, tailoring methodologies to your unique challenges.
  • Leveraging advanced technology and time-tested methods ensures accurate and forward-thinking insights.
  • Operating globally with a local touch, our research spans borders for a comprehensive view of international markets.
  • Timely and actionable insights empower swift, informed decision-making in dynamic market landscapes.
  • We foster strong client relationships based on trust, transparency, and collaboration.
  • Our dedicated team adapts and evolves strategies to meet your evolving needs.
  • Upholding the highest standards of ethics and data security, we ensure confidentiality and integrity throughout the research process.

How client has rates us?

Requirement Gathering & Methodology
Data Collection Techniques
Our Research Team & Data Sourcing
Data Science & Analytical Tools
Data Visualization & Presentation Skills
Project/ Report Delivery & After Sales Services

Italy LED Lighting Market Overview, 2028

We are friendly and approachable. Give us a call.