2021
9
UK Lighting Market Report 2021
2021-12-04T03:07:27+00:00
OX1048593
1495
146015
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Report
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“LED lighting has fundamentally changed the lighting sector from a range of energy inefficient products such as incandescent lamps to modern, energy efficient lighting. Global demand, and international manufacturing subsidies…

UK Lighting Market Report 2021

£ 1,495 (Excl.Tax)

Description

The UK Lighting report identifies consumer attitudes towards the lighting market and the light retailing market in the UK. This market report covers the lighting market size, market forecast, market segmentation and industry trends for the Lighting market in the UK.

Current Market Landscape

Sustainability and climate change are at the heart of legislation concerning that lighting market. The development of LED lighting has been intrinsic in the move to energy-efficiency, progressing since its invention in 1962. Despite the clear economic and environmental advantages, fewer than 3.97 million streetlights had been converted to LEDs in 2020 and there remains a high number of lamps which are now banned under legislation or are no longer being manufactured. In the industrial sector, manufacturers report that less than 10% of legacy lighting has been converted to LED.

  • Only 55% of streetlights had been converted to LEDs in 2020.
  • The UK lighting market value fell by 15% in 2020.
  • 50% of consumers eat cereals more often, challenging traditional sweet treats as a snack choice.

The short-term disruption to the lighting market of COVID-19 is clear, with potential longer-term implications impacting sectors such as office demand and retail activity. However, there is renewed impetus to sustainability that will drive the market and industry forward.

Future Market Trends in Lighting

Ultimately one of the sustainability features of LED lighting, its significantly longer life than legacy solutions, may yet prove to be the most disruptive to the lighting industry. In the interim period the industry features major structural changes as international operators compete with a myriad of small producers.

The focus of attention is moving increasingly to connected lighting, offering manufacturers the ability to substantially differentiate their offering while affording end users further maintenance economies. Lighting manufacturers are also leading the sustainability agenda in their own practices. 

Read on to discover more details or take a look at all of our UK Electrical Goods market research.

Quickly understand

  • The major COVID-19 impact on the lighting market.
  • The impact of the strengthening resolve to tackle climate change on the lighting sector.
  • The evolving market that has largely moved towards energy efficient lighting but is now transforming to connectivity.
  • The impacts of legislative changes on the market and industry.
  • The constant, but highly significant, structural changes in the global industry.

Covered in this report

Products: Filament lamps, tungsten halogen lamps, fluorescent lamps, compact fluorecents (CFLs), discharge lamps, infrared lamps, ultraviolet lamps, light emotting diodes (LEDs), portable lamps, free standing lamps (table lamps, floor-standing lamps), light fittings (chandeliers, wall and ceiling fittings, illuminated signs, searchlights, spotlights), lighting parts.

Brands: Dialight, Holophane Europe, Acuity Brands, Luceco, Signify, Thorn Lighting, Zumtobel Group, AB Fagerhult, Acuity Brands, Cree, Dialight, ENDO Lighting, FW Thorpe, Hubbel Incorporated, Legrand, LSI Industries, Luceco, Lumens Co, MLS Co, OSRAM Licht, Zumtobel Group, Schréder, Focal Point, Ecosense, Cooper Lighting Solutions, Soraa, Metalogava, WESCO, Savant Systems, Autronics Plastics (API).

Expert analysis from a specialist in the field

This report, written by Terry Leggett, a leading analyst in the Retail sector, delivers in-depth commentary and analysis to highlight current trends and add expert context to the numbers.

LED lighting has fundamentally changed the lighting sector from a range of energy inefficient products such as incandescent lamps to modern, energy efficient lighting. Global demand, and international manufacturing subsidies have transformed prices. While the focus of world attention moves increasingly to climate change, that conversion will continue, but the new shift is increasingly moving to connected lighting with the sector at the forefront of the Internet of Things as manufacturers seek to differentiate their offer and users seek further operational economies. With longer-life products, LED lighting may yet become the victim of its own success.

Terry Leggett - Research AnalystTerry Leggett
Senior Analyst

Table of Contents

  1. Overview

    • Key issues covered in this Report
    • COVID-19: market context
    • Economic and other assumptions
    • Products covered in this Report
  2. Executive Summary

    • Impact of COVID-19 on lighting
      • Figure 1: Short-, medium- and long-term impact of COVID-19 on lighting, 2021
    • The market
    • Market size and forecast
      • Figure 2: Market size and forecast for lighting, at manufacturers’ selling prices, 2016-26
    • LED responding to climate change issues
      • Figure 3: Global end use applications of LED lighting, 2016-26
    • The market drivers
    • Companies and brands
    • LED changed the industry
    • M&A activity
      • Figure 4: European LED M&A activity, 2016-21
  3. Issues and Insights

    • Is there a long-term implication from COVID-19 on lighting?
      • Figure 5: Analysis of major retail failures, 2011-21
    • So much more than the ability to see in the dark
  4. Market Size and Performance

    • Major COVID-19 disruption
      • Figure 6: Short-, medium- and long-term impact of COVID-19 on lighting, 2021
    • COVID-19 temporarily impacts global LED market
      • Figure 7: Global lighting sales, by type, 2010-20
      • Figure 8: Global LED market, 2016-21
    • COVID-19 disrupts UK demand
      • Figure 9: Market size for lighting, at manufacturers’ selling prices, 2016-21
  5. Market Forecast

    • Legislation, ESG and technology drive change
      • Figure 10: Market forecast for lighting, at manufacturers’ selling prices, 2021-26
    • Market drivers and assumptions
      • Figure 11: Key drivers affecting MBD’s market forecast, 2016-26
    • Forecast methodology
  6. Market Segmentation

    • End use applications
    • LED lighting, globally
      • Figure 12: Global end use applications of LED lighting, 2016-26
    • UK LED penetration
  7. Legislation

    • The context
    • 1998 European changes
    • 2009 and 2018 European changes
      • Figure 13: Development of light bulb efficiency labelling
    • The UK building regulations
    • Dwellings
    • Other buildings
    • Lighting Energy Numeric Indicator
    • The 2021 changes
  8. Market Drivers

    • Automotive Sector
      • Figure 14: UK car production, 2016-21
      • Figure 15: UK commercial vehicle production, 2016-21
      • Figure 16: Number of vehicles on the road, by type, 2021
    • Offices
      • Figure 17: Number and floorspace of offices in England and Wales, 2015-20 (million m2)
      • Figure 18: New construction of office outlets, 2016-21
    • Residential sector
    • The total stock
      • Figure 19: Number of UK households, 1991-2020
      • Figure 20: UK housing stock, by region, 2020
      • Figure 21: New construction of housing, 2016-21
      • Figure 22: Indexed electric lighting equipment sales to the residential market, 2016-21
    • Retail sector
      • Figure 23: Analysis of major retail failures, 2011-21
      • Figure 24: Number and floorspace of retail outlets in England and Wales, 2015-20 (million m2)
      • Figure 25: New construction of retail outlets, 2016-21
    • Industrial
      • Figure 26: Number and floorspace of industrial outlets in England and Wales, 2015-20 (million m2)
      • Figure 27: New construction of industrial outlets, 2016-21
    • Other business premises
      • Figure 28: Number and floorspace of other business outlets in England and Wales, 2015-20 (million m2)
      • Figure 29: New construction of other business outlets, 2016-21
      • Figure 30: Segmentation of other business outlet construction, 2016-21 (£ billion)
    • Outdoor
      • Figure 31: UK stock of street lighting, by type of lantern, 2020
      • Figure 32: UK stock of street lighting, by type of lantern and country, 2020
  9. Industry Structure

    • The global lighting industry disrupted by LED
      • Figure 33: Major global LED lighting manufacturers, 2021 (US$ million)
    • LED M&A activity stunted by COVID-19
      • Figure 34: European LED M&A activity, 2016-21
    • Structural evolution
    • The UK sector
      • Figure 35: International trade in lamps and fittings, 2015-20
      • Figure 36: Changes in the structure of the UK lighting equipment and electric lamps industry, 2016-21
      • Figure 37: Financial structure of the UK lighting equipment and electric lamps industry, 2021
      • Figure 38: Employment structure of the UK lighting equipment and electric lamps industry, 2021
  10. Competitive Strategies

    • Acquisitions and structural change
    • Branding
    • ESG driving more change
  11. Company Profiles

    • Ams OSRAM Group
    • Activity
      • Figure 39: Revenue development of ams, 2015-20
    • Performance
      • Figure 40: Financial performance of OSRAM Licht, 2016-20 (€ million)
      • Figure 41: Geographic segmentation of OSRAM Licht revenues, 2020 (€ million)
      • Figure 42: Financial performance of OSRAM in the UK, 2016-20 (£ million)
      • Figure 43: Product segmentation of OSRAM Licht revenues, 2020 (€ million)
    • Strategy
    • Dialight
    • Activity
      • Figure 44: Geographical segmentation of Dialight turnover, 2019 (£ million)
    • Performance
      • Figure 45: Financial performance of Dialight, 2016-20 (£ million)
    • Strategy
    • Holophane Europe/Acuity Brands
    • Activity
      • Figure 46: Revenue development of Acuity Brands, 2016-21
    • Performance
      • Figure 47: Financial performance of Holophane Europe, 2016-20 (£ million)
    • Strategy
    • Luceco
    • Activity
    • Performance
      • Figure 48: Financial performance of Luceco, 2016-20 (£ million)
      • Figure 49: Distribution segmentation of Luceco revenue, 2020 (£ million)
      • Figure 50: Distribution segmentation of Luceco LED revenue, 2020
      • Figure 51: Geographical segmentation of Luceco revenue, 2020 (£ million)
    • 2021 update
    • Strategy
    • Signify
    • Activity
    • Performance
      • Figure 52: Financial performance of Signify, 2016-20 (€ million)
      • Figure 53: Geographic segmentation of Signify revenues, 2020
      • Figure 54: The growing importance of LED to signify, 2016-20
      • Figure 55: Segmentation of Signify revenues, by product, 2020 (€ million)
    • 2021 update
    • Strategy
    • Thorn Lighting/Zumtobel Group
    • Activity
    • Performance
      • Figure 56: Financial performance of Thorn Lighting, 2016-20 (£ million)
      • Figure 57: Geographic segmentation of Zumtobel revenue, 2021 (€ million)
    • Strategy
  12. Appendix – Data Sources, Abbreviations and Supporting Information

    • Abbreviations
  13. Appendix – Central Forecast Methodology

    • Market forecast and prediction intervals
      • Figure 58: Forecast market for lighting, at manufacturers’ selling prices, 2021-26 (£ billion)
    • Market drivers and assumptions
      • Figure 59: Key drivers affecting MBD’s market forecast, 2021-26
    • Forecast methodology

About the report

This market report provides in-depth analysis and insight supported by a range of data. At the same time, introductory and top-level content is provided to give you an overview of the issues covered.

Market

Mintel provides a range of market information, frequently through the category level, including market size and forecasting, complete with market drivers that illustrate the forces that shape a category or market.

Consumer

Mintel’s proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues.

Brand/Company

Mintel provides overviews of the top brands and manufacturers, and uses consumer research to explore attitudes and reactions to brands, as well as insight into what will resonate with consumers.

Data

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*databooks not available with UK B2B Industry reports.

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