# Decorative Lighting Market

> Decorative Lighting Market Size, Share, Industry Trend & Analysis Research Report Information By Product Type (Ceiling Lights & Chandeliers, Table & Floor Lamps, Wall-Mounted Fixtures, Other), By Light Source (LED, Incandescent, Fluorescent & CFL, OLED & Solar), By End-User (Residential, Commercial), By Distribution Channel (B2C / Retail, B2B / Direct Sales & Projects), By Geography (North America, Europe, Asia-Pacific, South America, Middle East & Africa) – Forecast Till 2035

- **Forecast Period:** 2026-2035
- **CAGR:** 4.38%
- **2025:** USD 81.20 Billion
- **2035:** USD 128.45 Billion
- **Key Players:** Signify (Philips Lighting), Acuity Brands, Savant (GE Lighting), OSRAM (ams-OSRAM), Hubbell Incorporated, Generation Lighting (Sea Gull), Kichler Lighting, Maxim Lighting / ET2

**Report ID:** MRFR/CG/10129-HCR · **Pages:** 128 · **Author:** Varsha More · **Last Updated:** July 06, 2026

**URL:** https://www.marketresearchfuture.com/reports/decorative-lighting-market-11649

---

## Market Summary

As per Market Research Future analysis, the Decorative Lighting Market Size was estimated at 40.0 USD Billion in 2024. The Decorative Lighting industry is projected to grow from 41.4 USD Billion in 2025 to 58.41 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 3.5% during the forecast period 2025 - 2035

## Market Drivers

| Driver | ~% Impact on CAGR | Geographic Relevance | Impact Timeline | Ref |
| --- | --- | --- | --- | --- |
| Government lamp efficacy mandates | 22–26% | Global | Short-term (≤2 yr) | [2] |
| Residential renovation & remodeling spend | 18–22% | North America, Europe | Medium-term (2–4 yr) | [8] |
| Smart connectivity & IoT integration | 15–18% | North America, Asia-Pacific | Medium-term (2–4 yr) | [9] |
| Urbanization & new construction in Asia-Pacific | 14–17% | Asia-Pacific | Long-term (≥4 yr) | [5] |
| Hospitality & experiential retail lighting | 8–11% | Europe, the Middle East | Medium-term (2–4 yr) | [10] |
| Human-centric & circadian lighting standards | 6–9% | Europe, North America | Long-term (≥4 yr) | [11] |
| Outdoor decorative & landscape lighting growth | 5–7% | Global | Short-term (≤2 yr) | [12] |

### Government Lamp Efficacy Mandates

Regulatory action remains the single most powerful catalyst for the decorative lighting market. Under the U.S. Department of Energy’s (DOE) General Service Lamp Rule, which finalized its implementation phase and went into full federal enforcement on August 1, 2023, a minimum efficacy standard of 45 lumens per watt (lm/W) was enacted. This effectively banned the manufacture, import, and sale of legacy incandescent and classic compact fluorescent (CFL) bulbs across an estimated 2.7 billion sockets nationwide. Furthermore, the agency has finalized an updated standard requiring common light bulbs to reach more than 120 lm/W by 2028, a benchmark that directly shapes the design lifecycle of decorative products. In Europe, the updated Ecodesign Regulation (EU 2019/2020) simultaneously tightens requirements on standby power consumption and mandates strict minimum Color Rendering Index (CRI) values, pushing consumers and contractors toward premium LED decorative light fixtures. The combined effect of these policies accelerates replacement cycles and shifts the product mix toward higher-value, energy-efficient decorative bulbs.

### Residential Renovation and Remodeling Spend

According to the Joint Center for Housing Studies at Harvard University, annual home improvement and repair expenditures in the United States maintain a robust baseline, consistently tracking above the USD 450 billion mark during peak remodeling cycles. Homeowners are increasingly dedicating significant portions of their discretionary design budgets to high-visibility interior upgrades, positioning pendant chandelier installations and coordinated outdoor decorative string lights as central architectural features rather than secondary accents. This recurring discretionary spend pattern helps sustain robust product demand and supports industry revenue streams even during periods of softening new-construction activity.

### Smart Connectivity and IoT Integration

The proliferation of Matter-compatible smart home ambient lighting systems allows consumers to control LED decorative light fixtures smoothly via voice assistants and smartphone applications without the friction of proprietary hardware hubs. Universal interoperability across core tech platforms—including Apple Home, Google Home, and Amazon Alexa—reduces consumer adoption barriers and positions smart-ready luminaires as default structural SKUs for modern residential properties. Industry assessments highlight this ongoing structural momentum, tracking the steady double-digit expansion of the global [smart lighting market](https://www.marketresearchfuture.com/reports/smart-lighting-market-991), which exceeded USD 16 billion in valuation by the mid-2020s, heavily driven by the integration of IoT ecosystems and home automation hardware

### Urbanization and New Construction in Asia-Pacific

Asia-Pacific added an estimated 1.2 billion square meters of new residential floor space in 2024, with China and India accounting for over 70% of that total [5]. Each new unit requires multiple decorative fixtures, from ceiling-mount LED panels to recessed wall washers. India's Smart Cities Mission alone has channeled over USD 7.5 billion into urban infrastructure, a portion of which flows directly into public-realm and commercial decorative lighting.

## Restraints

Restraint impact percentages are directional estimates of headwinds that slow growth below what drivers alone would produce. They are not directly subtracted from the CAGR.

| Restraint | ~% Drag on CAGR | Geographic Relevance | Impact Timeline | Ref |
| --- | --- | --- | --- | --- |
| Raw material & rare-earth cost volatility | –8 to –12% | Global | Short-term (≤2 yr) | [13] |
| Consumer price sensitivity in emerging markets | –6 to –9% | South America, Africa | Medium-term (2–4 yr) | [14] |
| Counterfeit & sub-standard products | –5 to –7% | Asia-Pacific, MEA | Long-term (≥4 yr) | [15] |
| Fragmented building codes for decorative fixtures | –4 to –6% | Global | Medium-term (2–4 yr) | [16] |
| E-waste & end-of-life disposal concerns | –3 to –5% | Europe, North America | Long-term (≥4 yr) | [17] |

### Raw Material and Rare-Earth Cost Volatility

LED chip production depends on gallium, indium, and phosphor compounds whose prices have fluctuated 15–30% year-on-year since 2022, according to the U.S. Geological Survey [13]. When component costs spike, manufacturers of energy-efficient decorative bulbs either absorb margin compression or pass increases to consumers—either outcome dampens volume growth or delays purchase decisions. The concentration of gallium refining in China (over 80% of global output) adds geopolitical supply risk.

### Consumer Price Sensitivity in Emerging Markets

In areas of South America and all of sub-Saharan Africa, the typical selling price of an LED decorative pendant chandelier lamp is still two to four times the price of a simple incandescent fixture. The mass market adoption of premium ornamental categories in these regions will be delayed until per-unit LED costs fall below USD 2 for general-service counterparts, which BloombergNEF predicts for 2028 [14].

### Counterfeit and Sub-Standard Products

According to global customs compliance scans and the World Customs Organization (WCO) annual Illicit Trade Reports, electronic components and consumer hardware consistently rank among the most frequently intercepted categories of Intellectual Property Rights (IPR) infringing goods worldwide. Rather than single operations, a continuous matrix of seizures coordinated by national customs agencies highlights a persistent gray-market problem.

Substandard, unbranded LED decorative light fixtures that bypass official certification channels routinely fail to comply with basic safety standards, such as those set by Underwriters Laboratories (UL) or the European CE mark. These unauthorized entry-level goods fail prematurely, which severely erodes consumer trust in energy-efficient upgrades, depresses the overall willingness to pay premium prices for genuine branded lighting systems, and introduces electrical hazards or fire risks that actively slow down retail expansion across price-sensitive emerging markets.

## Opportunities

### Human-Centric and Circadian Lighting in Healthcare and Education

The WELL Building Standard now awards credits for tunable-white fixtures that adjust color temperature across the day, creating a direct specification pathway for smart home ambient lighting technology in commercial and institutional projects [11]. Hospitals and schools represent over 2.8 billion square feet of conditioned space in the U.S. alone—largely underlighted by circadian standards—offering a deep retrofit pipeline for the decorative lighting market

### Outdoor Decorative String Lights and Landscape Experiences

The experience-economy boom has pushed restaurants, wineries, and event venues to invest heavily in outdoor decorative string lights and landscape-integrated LED installations to maximize the revenue-generating potential of their exterior floor space. National hospitality and food service trend reports consistently demonstrate that expanding outdoor seating capabilities and improving structural curb appeal rank among the highest operational property development priorities for multi-unit establishments. The integration of high-efficiency, commercial-grade solar-powered variants bypasses complex local grid trenching and costly electrical permits, seamlessly expanding the addressable market footprint of atmospheric decorative lighting to remote hospitality venues, public parks, luxury resorts, and rural agritourism destinations.

### Lighting-as-a-Service and Subscription Models

Commercial property managers increasingly prefer OpEx-based lighting contracts that bundle LED decorative light fixtures, ambient sensors, regular lifecycle maintenance, and real-time energy optimization into a predictable monthly subscription fee. This service model lowers prohibitive upfront capital barriers and accelerates corporate adoption of high-design energy-efficient decorative bulbs across office, hospitality, and retail environments. Signify's managed-services and smart ecosystem divisions, for instance, lead the global Internet of Things (IoT) lighting market by a significant margin, with an installed base of over 167 million connected light points, luminaire and device endpoints managed worldwide.

### Emerging-Market Urbanization and Off-Grid Solar Decorative Products

Africa and South Asia present a dual opportunity: grid-connected urban development that demands modern pendant chandelier decorative lamp fixtures, and off-grid communities where solar-LED decorative products serve both functional and aspirational needs. The World Bank's Lighting Global program has verified over 180 million off-grid solar products sold to date, with decorative-grade variants entering the catalog [14]

### Data Monetization via Connected Luminaire Platforms

Smart home and commercial ambient lighting networks generate a continuous stream of occupancy, ambient daylight, and behavioral usage data. Aggregated and anonymized, these data sets deliver highly actionable insights for municipal utilities managing demand-response energy programs, for commercial retailers evaluating real-time in-store foot traffic patterns, and for corporate building operators looking to automate and optimize HVAC runtime schedules. This digital interoperability positions the premium decorative lighting market to systematically capture highly lucrative, recurring software-as-a-service (SaaS) revenues alongside traditional one-time hardware device sales.

## Future Outlook

### Circular Economy and Sustainable Materials

The EU's forthcoming Digital Product Passport requirement—expected to cover [lighting products](https://www.marketresearchfuture.com/reports/lighting-product-market-33779) by 2028—will mandate full lifecycle traceability for pendant chandelier decorative lamp fixtures sold in Europe [17]. Manufacturers investing in modular designs, recyclable housings, and rare-earth-free phosphor chemistries will secure preferred-supplier status, while laggards risk shelf-space penalties. Energy-efficient decorative bulbs with cradle-to-grave certifications are already commanding 8–12% price premiums in Scandinavian retail channels.

### Platform Economics and Connected Ecosystems

The decorative lighting market is converging with broader smart-building ecosystems. Luminaire OEMs that open APIs to HVAC, security, and energy-management platforms will capture recurring software subscription revenue atop one-time hardware sales. Signify, Acuity, and Savant have each launched developer ecosystems, and Matter protocol adoption is expected to unify fragmented smart home ambient lighting control standards by 2028 [18].

### Electrification and Renewable-Powered Decorative Products

Solar-integrated outdoor decorative string lights are among the fastest-growing sub-categories in the consumer landscape lighting market. As the efficiency of photovoltaic cells improves for consumer-grade modules, solar-powered landscape and route fixtures become very realistic choices even in northern latitudes with lower sunlight. Distributed solar PV applications (residential, commercial, industrial, and off-grid projects) represent about 42% of total global solar expansion through 2030, according to the International Energy Agency’s (IEA) comprehensive Renewables reports, driven by high retail electricity prices and policy incentives. This huge boom in localized solar systems presents a tremendous companion growth path for off-grid and hybrid energy-efficient decorative lighting around the world.

## Segment Insights

### By Product Type

| Segment | Key Metric | Primary Demand Driver |
| --- | --- | --- |
| Ceiling Lights & Chandeliers | 37.2% share (2025) | Replacement mandates and hospitality renovation |
| Table & Floor Lamps | 4.78% CAGR | Home-office trend and portable design appeal |
| Wall-Mounted Fixtures | USD 12.80 Billion (2025) | Outdoor accent and architectural façade projects |
| Other (Recessed, Track, Specialty) | 14% share (2025) | Retail display and gallery lighting |

Ceiling lights and chandeliers anchor the decorative lighting market because every residential and commercial space requires at least one overhead fixture. The sub-segment benefits from a dual demand stream: mandatory replacement of non-compliant luminaires under efficacy regulations, and voluntary upgrades driven by design trends in LED decorative light fixtures. Hospitality brands such as Marriott and Hilton have accelerated lobby-renovation programs that specify custom pendant chandelier decorative lamp pieces, contributing premium revenue.

Table and floor lamps are the fastest-growing product category in the decorative lighting market. The work-from-home shift created persistent demand for task-oriented yet aesthetically pleasing portable luminaires. Design collaborations between lighting brands and lifestyle labels have elevated these products from functional commodities to statement pieces, pushing average selling prices upward.

### By Light Source

| Segment | Key Metric | Primary Demand Driver |
| --- | --- | --- |
| LED | 74.6% share (2025) | Regulatory mandates and cost parity with legacy sources |
| Incandescent | 2.85% CAGR (declining) | Replacement tail in emerging markets |
| Fluorescent & CFL | USD 5.10 Billion (2025) | Legacy installed base is still cycling out |
| OLED & Solar | 5.32% CAGR | Design flexibility and off-grid applications |

LED technology dominates the decorative lighting market by a wide margin. Cost-per-lumen for LED decorative light fixtures has fallen over 90% since 2010, and efficacy now exceeds 200 lm/W in top-tier chips [3]. OLED panels—while still niche—offer ultra-thin, bendable form factors that attract high-end [interior designers](https://www.marketresearchfuture.com/reports/interior-design-market-11246). Solar-integrated energy-efficient decorative bulbs are expanding rapidly in outdoor decorative string lights applications.

### By End-User

| Segment | Key Metric | Primary Demand Driver |
| --- | --- | --- |
| Residential | 63.0% share (2025) | Home renovation, smart home ambient lighting adoption |
| Commercial | 5.08% CAGR | Hospitality experiential design, retail rebranding |

Residential demand commands the majority of the decorative lighting market, supported by housing turnover, renovation cycles, and the aspirational appeal of designer LED decorative light fixtures. Commercial end-users—hotels, restaurants, offices, and retail—are growing faster in percentage terms as brands recognize that curated lighting environments directly influence customer dwell time and spending.

### By Distribution Channel

| Segment | Key Metric | Primary Demand Driver |
| --- | --- | --- |
| B2C / Retail | 67.8% share (2025) | Home improvement superstores and e-commerce |
| B2B / Direct Sales & Projects | 4.58% CAGR | Specification-driven commercial projects |

B2C retail channels lead the decorative lighting market because individual homeowners make most purchases. Online sub-channels within B2C are growing at over 5.40% CAGR as consumers use augmented-reality apps to preview pendant chandelier decorative lamp products in their spaces before buying. B2B direct sales grow steadily through project-based procurement for commercial outdoor decorative string lights and interior fit-outs.

## Regional Market Share Analysis

| Region | Key Metric | Primary Investment Themes |
| --- | --- | --- |
| Asia-Pacific | 38.4% share (2025) | Manufacturing scale, urban housing, smart city programs |
| Europe | 26.0% share (2025) | Ecodesign regulation, renovation wave, hospitality upgrades |
| North America | USD 19.50 Billion (2025) | Efficacy mandates, renovation spend, smart home ambient lighting |
| South America | 3.85% CAGR (2026–2035) | Urbanization, affordable LED adoption and tourism infrastructure |
| Middle East & Africa | USD 4.90 Billion (2025) | Mega-project construction, solar decorative products, hospitality |
| Total | USD 81.20 Billion (2025) | — |

The decorative lighting market spans five major regions, each driven by distinct regulatory frameworks, construction cycles, and consumer preferences for LED decorative light fixtures.

### North America

| Country | Key Metric | Key Driver |
| --- | --- | --- |
| United States | 78% of regional revenue | DOE lamp efficacy rule; renovation spending |
| Canada | 4.20% CAGR | Green building incentive programs |
| Mexico | USD 1.35 Billion (2025) | Tourism-linked hospitality construction |

North America's decorative lighting market benefits from a mature renovation cycle and strong smart home ambient lighting penetration. The U.S. accounts for the bulk of demand, where an aging housing stock—median home age over 40 years—drives fixture replacement. Canada's adoption of the National Energy Code aligns with federal incentives for energy-efficient decorative bulbs, while Mexico's Pacific coast resort pipeline fuels outdoor decorative string lights sales [8].

### Europe

| Country | Key Metric | Key Driver |
| --- | --- | --- |
| Germany | 22% of regional revenue | Ecodesign compliance, residential renovation |
| United Kingdom | 4.55% CAGR | Retrofit programs, design-led consumer preference |
| France | USD 3.80 Billion (2025) | Heritage building lighting modernization |
| Italy | 12% of regional revenue | Luxury fixture manufacturing and export hub |
| Spain | 4.10% CAGR | Tourism-driven hospitality investment |
| Nordic Countries | USD 2.40 Billion (2025) | Human-centric lighting adoption |
| Russia | 3.60% CAGR | Urban residential construction |
| Rest of Europe | 14% of regional revenue | Mixed drivers |

Europe's decorative lighting market is shaped by the EU's Ecodesign Directive, which mandates minimum efficiency thresholds for all luminaire categories. Germany leads in both production and consumption of LED decorative light fixtures, while Italy's Veneto and Lombardy clusters export high-end pendant chandelier decorative lamp products worldwide. The UK's Building Regulations Part L update accelerates retrofit activity [2][10].

### Asia-Pacific

| Country | Key Metric | Key Driver |
| --- | --- | --- |
| China | 42% of regional revenue | Export manufacturing; domestic smart-home rollout |
| India | 6.15% CAGR | Urbanization, Smart Cities Mission spending |
| Japan | USD 4.20 Billion (2025) | Aging population, home renovation, OLED innovation |
| South Korea | 5.50% CAGR | Semiconductor-driven LED chip production |
| ASEAN | 14% of regional revenue | Tourism infrastructure, emerging middle class |
| Rest of Asia-Pacific | 3.90% CAGR | Diversified construction demand |

Asia-Pacific anchors the decorative lighting market. China's Guangdong province alone hosts over 8,000 luminaire factories, supplying roughly 60% of global decorative fixture exports [5]. India's UJALA program distributed over 370 million LED bulbs at subsidized prices between 2015 and 2024, building the consumer base that now upgrades to premium energy-efficient decorative bulbs and smart home ambient lighting [19].

### South America

| Country | Key Metric | Key Driver |
| --- | --- | --- |
| Brazil | 58% of regional revenue | Urban housing programs; commercial construction |
| Argentina | 3.70% CAGR | Residential electrification improvements |
| Rest of South America | USD 1.10 Billion (2025) | Tourism and hospitality expansion |

Brazil dominates South America's decorative lighting market, where the Minha Casa Minha Vida housing program specifies minimum lighting provisions that increasingly default to LED decorative light fixtures. Outdoor decorative string lights and landscape products see rising demand from resort operators across coastal regions [14].

### Middle East & Africa

| Country | Key Metric | Key Driver |
| --- | --- | --- |
| Saudi Arabia | 30% of regional revenue | NEOM and Vision 2030 mega-projects |
| UAE | 5.30% CAGR | Luxury hospitality and commercial development |
| South Africa | USD 0.65 Billion (2025) | Grid-connected urban expansion |
| Egypt | 4.70% CAGR | New Administrative Capital construction |
| Rest of MEA | 22% of regional revenue | Diverse infrastructure programs |

Mega-projects propel the Middle East & Africa segment of the decorative lighting market. Saudi Arabia's NEOM development alone has earmarked over USD 500 billion in total investment, with architectural lighting featuring prominently in design specifications [20]. Dubai's hospitality sector continues to demand high-specification pendant chandelier decorative lamp installations for luxury hotel lobbies and experiential dining venues.

## Competitive Benchmarking

The decorative lighting market is marked by low concentration with a fragmented supply base from multinational conglomerates to regional artisan manufacturers. According to MRFR, the top five players account for 22-28% of the global revenue, which results in a Herfindahl-Hirschman Index of less than 400. The battle is not for sheer cost leadership anymore, but for design distinction, smart-platform ecosystems, and distribution breadth.

| Company | Est. Revenue Share Range | Key Offerings | Strategic Positioning |
| --- | --- | --- | --- |
| Signify (Philips Lighting) | ~5–8% | Philips Hue smart home ambient lighting, professional luminaires | Ecosystem-led platform play |
| Acuity Brands | ~3–5% | Indoor/outdoor LED decorative light fixtures, controls | North America specification leader |
| Savant (GE Lighting) | ~2–4% | Consumer LED, smart pendant chandelier, decorative lamp products | Mass-retail distribution |
| OSRAM (ams-OSRAM) | ~3–5% | LED components, automotive crossover, OLED panels | Technology and component leadership |
| Hubbell Incorporated | ~2–3% | Commercial and industrial decorative fixtures | Specification and contractor channels |
| Generation Lighting (Sea Gull) | ~1–3% | Residential chandeliers, outdoor decorative string lights | Design-forward residential focus |
| Kichler Lighting | ~2–3% | Landscape and outdoor decorative lighting | Landscape and outdoor specialist |
| Maxim Lighting / ET2 | ~1–2% | Contemporary decorative pendants and sconces | Trend-driven design collections |
| WAC Lighting | ~1–2% | Architectural and accent LED decorative light fixtures | High-spec commercial and residential |
| Flos (Design Holding) | ~1–2% | Luxury designer energy-efficient decorative bulbs and fixtures | Ultra-premium brand positioning |

## Report Scope

| Parameter | Detail |
| --- | --- |
| Market Scope | Global Decorative Lighting Market |
| Study Period | 2021–2035 |
| CAGR | 4.38% (2026–2035) |
| Market Size (2025, Base Year) | USD 81.20 Billion |
| Market Size (2035, Forecast End) | USD 128.45 Billion |
| Fastest Growing Segment | OLED & Solar (by light source); Asia-Pacific (by geography) |
| Companies Profiled | Signify, Acuity Brands, Savant, OSRAM, Hubbell, Generation Lighting, Kichler, Maxim Lighting, WAC Lighting, Flos |
| Valuation Currency | USD Billion |

## Frequently Asked Questions

**Q: How does the Matter protocol change purchasing decisions for LED decorative light fixtures?**
A: Matter eliminates ecosystem lock-in by ensuring a single fixture works across Apple, Google, and Amazon platforms. Buyers can now prioritize design and light quality over hub compatibility, simplifying procurement for smart home ambient lighting projects [9].

**Q: What warranty benchmarks should buyers expect for premium energy-efficient decorative bulbs?**
A: Leading brands now offer 5-year warranties backed by L70-rated lifetime guarantees exceeding 50,000 hours. Buyers should request IEC 62717 test data and verify that the warranty covers driver electronics, not just the LED chip [3].

**Q: How do tariff structures on Chinese luminaire exports affect pricing in the decorative lighting market?**
A: U.S. Section 301 tariffs add 7.5–25% duties on Chinese-origin fixtures, prompting supply-chain diversification to Vietnam and India. Buyers sourcing pendant chandelier decorative lamp products should evaluate landed-cost models, including duties, freight, and lead-time risk [4].

**Q: What role does the color rendering index play in specifying decorative fixtures for retail environments?**
A: Fixtures with CRI above 90 render merchandise colors accurately, directly influencing purchase conversion. Retailers report 5–8% sales uplift when upgrading from CRI-80 to CRI-95 LED decorative light fixtures in apparel display zones [10].

**Q: How can facility managers quantify ROI on outdoor decorative string light installations?**
A: Calculate energy savings versus replaced incandescent strings, add reduced maintenance labor, and factor in increased foot traffic revenue. Typical payback for commercial solar-powered outdoor decorative string lights falls between 18 and 30 months [12].

**Q: What intellectual property risks exist for small brands entering the decorative lighting market?**
A: Design patents on distinctive fixture shapes and trade-dress claims are common enforcement tools. New entrants should conduct freedom-to-operate searches and invest in original design language to avoid infringement disputes from established pendant chandelier decorative lamp manufacturers [15].

**Q: How will OLED lighting panels compete with LED decorative light fixtures by 2030?**
A: OLED panels target applications where thinness, glare-free diffusion, and form-factor flexibility matter more than cost-per-lumen. Expect OLED to capture niche segments like luxury hospitality and automotive-crossover interiors rather than displacing mainstream LED energy-efficient decorative bulbs [7].


## Sources

[2] Source: U.S. Department of Energy, "General Service Lamp Rule – Final Rule," DOE, 2022 (www.energy.gov)
[3] Source: International Energy Agency, "Energy Efficiency 2024 – Lighting Update," IEA, 2024 (www.iea.org)
[5] Source: World Bank, "East Asia and Pacific Economic Update: Urbanization Trends," World Bank, 2024 (www.worldbank.org)
[8] Source: Joint Center for Housing Studies, "Improving America
[10] Source: Marriott International, "Global Renovation & Design Standards Update," Marriott, 2024
[11] Source: International WELL Building Institute, "WELL v2 Light Concept," IWBI, 2023 (www.wellcertified.com)
[13] Source: U.S. Geological Survey, "Mineral Commodity Summaries – Gallium," USGS, 2025 (www.usgs.gov)
[14] Source: BloombergNEF, "LED Cost Trajectory & Emerging Market Adoption," BNEF, 2024 (about.bnef.com)
[17] Source: European Commission, "Ecodesign for Sustainable Products Regulation – Lighting Annex," EC, 2023 (ec.europa.eu)
[18] Source: Signify N.V., "Annual Report 2024," Signify, 2025 (www.signify.com)
[19] Source: Bureau of Energy Efficiency, "LED Star Labeling Program Update," BEE India, 2024 (www.beeindia.gov.in)
[20] Source: NEOM Company, "Project Master Plan – Architectural Lighting Specifications," NEOM, 2024 (www.neom.com)

---

*This Markdown endpoint is provided for AI systems and LLM crawlers. For the full interactive report visit https://www.marketresearchfuture.com/reports/decorative-lighting-market-11649*