Content of the study

Available languages

MARKET OVERVIEW

1.1 Definition and scope of study

The light-emitting diode, better known as LED, is an electronic component that generates light when an electric current flows through it.  

The market consists of several segments: chip fabrication, packaging, control, then the realization of the LED module, the lighting device (the bulb), and finally the integration (the luminaire).

LEDs are widely used for lighting (despite higher costs than other types of lighting), but also for the production of electronic or signaling devices such as for display backlighting or as the main light source (OLED displays).

In 2020, the global LED market was worth more than $50 billion and is expected to grow at an annual growth rate of 12.5% between 2021 and 2028. In particular, a key factor that will drive the growth of this market is increased regulations regarding the abolition or restriction of the use of inefficient lighting technologies. 

The Italian LED market has excellent development prospects, with expectations of very high annual growth rates. Two main factors explain the growth of the market in Italy: the growing concern of the population for sustainability issues and a greater attention to savings.  

In fact, especially in the field of lighting, a growing portion of people are opting for LED lighting sources, as they are able to consume much less energy than traditional forms of lighting and also have better prospects in terms of longevity.

Also complicit in the high growth of the Italian LED market have been the numerous government incentives, such as the 110% Super bonus and the 110% Eco bonus, which have significantly incentivized the Italian population to make the energy efficiency of their homes or companies more efficient, thus also reducing the environmental impact. This dynamic has, in fact, led to a growing preference for LED lighting because of its greater attention to sustainability.

ANALYSIS OF THE DEMAND

MARKET STRUCTURE

ANALYSIS OF THE OFFER

REGULATION

POSITIONING OF THE ACTORS

To keep reading, buy the full research

What is in this market study?

  • What are the figures on the size and growth of the market?
  • What is driving the growth of the market and its evolution?
  • What are the latest trends in this market?
  • What is the positioning of companies in the value chain?
  • How do companies in the market differ from each other?
  • Access company mapping and profiles.
  • Data from several dozen databases

  • This market study is available online and in pdf format (30 p.)
  • Consult an example PDF or online
  • Recent reviews ★★★★☆ 
Buy this market study 89€

Availability within 10 business days

Method

Data
Analysts 1 sector analyzed
in 40 pages
Method
Control

Analysts

  • Top Universities
  • Expert opinion

Data

  • Databases
  • Press
  • Company reports

Control

  • Continuously updated
  • Permanent watch

Method

  • Synthetic structure
  • Standardized charts

Analysts

Hugo Schott

chargé d'études économiques, Xerfi

Hugo Schott

Hugo Schott logo 1 Hugo Schott logo 2
Mathieu Luinaud

Associate Consultant

Mathieu Luinaud

Mathieu Luinaud logo 1 Mathieu Luinaud logo 2
Education Formation
Robin C.

PhD Industrial transformations

Robin C.

Robin C. logo 1 Robin C. logo 2
Pierre D.

Analyst

Pierre D.

Pierre D. logo 1 Pierre D. logo 2
Arnaud W.
Linkedin logo

Ross Alumni Club France

Arnaud W.

Arnaud W. logo 1 Arnaud W. logo 2
Amaury de Balincourt
Linkedin logo

Analyste de marché chez Businesscoot

Amaury de Balincourt

Amaury de Balincourt logo 1 Amaury de Balincourt logo 2
Pierrick C.

Consultant

Pierrick C.

Pierrick C. logo 1 Pierrick C. logo 2
Maelle V.

Project Finance Analyst, Consulting

Maelle V.

Héloise Fruchard

Etudiante en Double-Diplôme Ingénieur-Manager Centrale

Héloise Fruchard

Héloise Fruchard logo 1 Héloise Fruchard logo 2
Imane E.

EDHEC

Imane E.

Imane E. logo 1 Imane E. logo 2
Vincent D.

Auditeur

Vincent D.

Vincent D. logo 1 Vincent D. logo 2
Eva-Garance T.

Eva-Garance T.

Eva-Garance T. logo 1 Eva-Garance T. logo 2
Michela G.

Market Research Analyst

Michela G.

Michela G. logo 1 Michela G. logo 2
Azelie P.

Market Research Analyst @Businesscoot

Azelie P.

Azelie P. logo 1 Azelie P. logo 2
Cantiane G.

Market Research Analyst @Businesscoot

Cantiane G.

Cantiane G. logo 1 Cantiane G. logo 2
Jules D.

Consultant

Jules D.

Jules D. logo 1 Jules D. logo 2
Alexia V.

Alexia V.

Emil Ohlsson

Emil Ohlsson

Anna O.

Anna O.

Gabriel S.

Gabriel S.