Global Laser Excited Phosphor Based Lighting Market Overview
The Laser Excited Phosphor Based Lighting Market size was valued at USD 2,343.57 Million in 2024. The Application Tracking System industry is projected to grow from USD 2,788.61 Million in 2025 to USD 17,183,64 million by 2035, exhibiting a compound annual growth rate (CAGR) of 21.9% during the forecast period (2025-2035).
Advancements in Laser and Phosphor Technology and Increasing Demand for Compact and High-Performance Lighting are driving the growth of the Laser Excited Phosphor Based Lighting Market.
As per Analyst at MRFR, “The increasing demand for compact and high-performance lighting solutions is a key driver of the laser-excited phosphor-based lighting market. As industries push for more energy-efficient, powerful, and space-saving lighting options, laser-excited phosphor technology offers a perfect solution by delivering bright, high-quality light in a smaller, more efficient form factor compared to traditional lighting technologies. For example, in the automotive industry, the demand for compact and high-performance lighting is growing, particularly in headlamps and display systems.”
FIGURE 1: LASER EXCITED PHOSPHOR BASED LIGHTING MARKET VALUE (2019-2035) USD Million
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Laser Excited Phosphor Based Lighting Market Opportunity
Rising Deployment of Laser Excited Phosphors In Autonomous Vehicles
The car industry is rapidly transitioning away from standard incandescent lighting and toward more intelligent systems that encourage energy efficiency, safety, and personalization possibilities that improve brand awareness. Automotive LEDs now provide a wider light range, automatically change beam patterns to changing traffic conditions, and outlast earlier lighting technology. Automotive lighting systems are evolving to assist autonomous driving capabilities, such as dynamic front lighting or glare-free high beams for pedestrians and lane markings.
LED drivers for the automotive market are created with the industry's dependability needs in mind. Products must be qualified in accordance with AEC-Q100, which is a stress test qualification for integrated circuits based on failure mechanisms. This certification indicates that automotive LED drivers are dependable and have a long lifespan in high ambient temperature and severe electromagnetic compatibility (EMC) settings.
LED drivers provide more than just road illumination. They are electronically maintained in order to combine the power and data processing required for ADAS applications. Dynamic lighting, marker beams, laser, and high-current LED spots that use dynamic switching of individual LEDs or segment LED control to exhibit this. Such duties necessitate a significant quantity of real-time information interchange with the BCM. One major problem for these applications is providing a large number of channels, signal processing, and essential functionality. These requirements place a high emphasis on thermal management and system efficiency.
Laser Excited Phosphor Based Lighting Market Segment Insights
Laser Excited Phosphor Based Lighting Product Type Insights
These Segment includes Headlights, Projectors, Stage Lighting, Portable Lighting Devices and Industrial and Commercial Lighting. The Projectors segment dominated the global market in 2024, while the Headlights is projected to be the fastest–growing segment during the forecast period. The LED projector is a device that uses light-emitting diodes to project video content on a flat-screen. it eliminates the use of old halogen lamps for projecting content.
The functionality of LED projectors in small pocket-sized devices. These devices are further enhanced with many other attributes such as their ability to provide live streaming options and Android application access to users. The productivity level of these LED projectors is commendable and is bound to impress you at the first impression itself. With the use of these devices, you can stream as well as project your favorite music videos, videos, TV shows, movies, and many other files on a flat screen.
Laser Excited Phosphor Based Lighting Technology Type Insights
This segment is bifurcated into Hybrid Laser-LED Systems and Pure Laser Phosphor Systems. The Hybrid Laser-LED Systems segment dominated the global market in 2024, while the Hybrid Laser-LED Systems is projected to be the fastest–growing segment during the forecast period. Hybrid laser-LED systems combine the benefits of both laser and LED technologies to create advanced lighting solutions that offer superior brightness, energy efficiency, and compactness. In these systems, a laser light source is typically used to excite phosphor materials, which then emit light, while LEDs are used in conjunction to provide additional light output or color tuning. This hybrid approach capitalizes on the high efficiency and brightness of lasers, as well as the flexibility and color rendering capabilities of LEDs.
FIGURE 2: LASER EXCITED PHOSPHOR BASED LIGHTING MARKET SHARE BY TECHNOLOGY 2024 and 2035 (USD Million)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Laser Excited Phosphor Based Lighting System Application Area Insights
This segment includes Automotive Lighting, Aviation Lighting, Entertainment and Stage Lighting, Commercial and Industrial Lighting, Consumer Electronics, Specialty Lighting and Others. The Automotive Lighting segment dominated the global market in 2024, while the Automotive Lighting is projected to be the fastest–growing segment during the forecast period. LEP technology is making waves in the automotive industry, particularly in high-performance vehicles.
Car manufacturers are exploring LEP for use in headlights, where its intense brightness and long range provide superior visibility compared to traditional headlights. This can significantly improve safety for drivers, especially in challenging driving conditions such as fog or at night.
Laser Excited Phosphor Based Lighting System Regional Insights
The report on the Laser Excited Phosphor Based Lighting Market has been segmented on the basis of region as: North America , Europe, Asia-Pacific, Middle East & Africa, South America. The Laser Excited Phosphor (LEP) based lighting market in the Asia Pacific region is witnessing rapid growth due to technological advancements, strong demand for high-efficiency lighting solutions, and increasing industrial applications. Countries like Japan, China, and South Korea are at the forefront of adopting LEP-based lighting, driven by the push for more energy-efficient technologies, compact designs, and better illumination quality in sectors such as automotive, consumer electronics, and commercial lighting. In particular, the automotive industry in Asia Pacific is a major driver of LEP lighting adoption, with several manufacturers seeking to enhance the performance and energy efficiency of vehicle headlights. LEP technology offers brighter, longer-lasting light with lower energy consumption, making it highly attractive for premium and electric vehicles.
The Laser Excited Phosphor (LEP) based lighting market in North America is experiencing significant growth due to advancements in laser technology and increasing demand for high-performance, energy-efficient lighting solutions. LEP lighting systems use lasers to excite phosphor materials, which then emit light, providing a brighter and more efficient alternative to traditional lighting technologies such as LEDs and incandescent bulbs. These systems are increasingly adopted in various sectors, including automotive, entertainment, consumer electronics, and industrial applications.
The Laser Excited Phosphor (LEP) based lighting market in Europe is growing rapidly due to increasing demand for energy-efficient, high-performance lighting solutions in various sectors, including automotive, entertainment, and commercial lighting. LEP technology, which uses lasers to excite phosphor materials and produce light, offers numerous advantages such as superior brightness, longer lifespan, better color rendering, and smaller form factors, making it an attractive option for industries seeking more compact and efficient lighting solutions. In Europe, automotive manufacturers are leading the adoption of LEP-based lighting systems, particularly in high-end vehicles, where superior lighting performance is critical. European consumers' demand for energy-efficient and environmentally friendly technologies further supports the adoption of these advanced lighting solutions.
FIGURE 3: LASER EXCITED PHOSPHOR BASED LIGHTING MARKET VALUE BY REGION 2024 and 2035 (USD Million)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Further, the countries considered in the scope of the Application Tracking System Market are the US, Canada, Mexico, UK, Germany, France, Italy, Spain, Switzerland, Austria, Belgium, Denmark, Finland, Greece, Hungary, Italy, Luxembourg, Netherlands, Norway, Poland, Portugal, Slovakia, Sweden, Romania, Ireland, China, Japan, Singapore, Malaysia, Indonesia, Philippines, South Korea, Hong Kong, Macau, Singapore, Brunei, India, Australia & New Zealand, South Africa, Egypt, Nigeria, Saudi Arabia, Qatar, United Arab Emirates, Bahrain, Kuwait, and Oman, Brazil, Argentina, Chile, and others.
Global Laser Excited Phosphor Based Lighting Key Market Players & Competitive Insights
Many global, regional, and local vendors characterize the Laser Excited Phosphor Based Lighting Market. The market is highly competitive, with all the players competing to gain market share. Intense competition, rapid advances in technology, frequent changes in government policies, and environmental regulations are key factors that confront market growth. The vendors compete based on cost, product quality, reliability, and government regulations. Vendors must provide cost-efficient, high-quality products to survive and succeed in an intensely competitive market.
The major players in the market include Lumintop Technology Co. Limited, Weltool, JETBeam Electronic Technology Co. Ltd, Acebeam, Nitecore, ams-OSRAM AG., NICHIA’s, Lumileds Holding B.V, Mateminco, christie digital systems usa inc, And among others. The Laser Excited Phosphor Based Lighting Market is a consolidated market due to increasing competition, acquisitions, mergers and other strategic market developments and decisions to improve operational effectiveness.
Key Companies in the Laser Excited Phosphor Based Lighting Market include
- Lumintop Technology Co. Limited
- Weltool
- JETBeam Electronic Technology Co. Ltd
- Acebeam
- Nitecore
- ams-OSRAM AG.
- NICHIA’s
- Lumileds Holding B.V
- Mateminco
- christie digital systems usa inc
Laser Excited Phosphor Based Lighting Market Industry Developments
September 2020: New phosphor technology in Oslon P1616 SFH4737 triples efficiency values. Osram presents the world’s smallest broadband infrared LED for spectroscopy applications.
March 2021: NICHIA, announces its H6 series. Implemented into NICHIA’s 3030 mid-power 757 package to start, the new family of LEDs delivers the highest multi-level boost in color rendition and efficacy whilst maintaining the outstanding lifetime expected from NICHIA. NICHIA’s advanced phosphor technology LEDs deliver industry’s highest joint-boost in color rendering and efficacy.
Laser Excited Phosphor Based Lighting Market Segmentation
Laser Excited Phosphor Based Lighting By Product Type Outlook
- Headlights
- Projectors
- Stage Lighting
- Portable Lighting Devices
- Industrial and Commercial Lighting
Laser Excited Phosphor Based Lighting By Technology Outlookx
- Hybrid Laser-LED Systems
- Pure Laser Phosphor Systems
Laser Excited Phosphor Based Lighting By Application Area Outlook
- Automotive Lighting
- Aviation Lighting
- Entertainment and Stage Lighting
- Commercial and Industrial Lighting
- Consumer Electronics
- Specialty Lighting
- Others
Laser Excited Phosphor Based Lighting Regional Outlook
- North America
- Europe
- Germany
- France
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
- Middle East & Africa
- UAE
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
- South America
- Brazil
- Argentina
- Rest of South America
| Report Attribute/Metric |
Details |
| Market Size 2024 |
USD Â Â 2,343.57 million |
| Market Size 2025 |
USD 2,788.61 million |
| Market Size 2035 |
USD 17,183.64 million |
| Compound Annual Growth Rate (CAGR) |
21.9% (2024-2035) |
| Base Year |
2024 |
| Forecast Period |
2025-2035 |
| Historical Data |
2019-2023 |
| Forecast Units |
Value (USD Million) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered |
By Product Type, By Technology, By Application Area and Region |
| Geographies Covered |
North America, Europe, Asia Pacific, Middle East & Africa, and South America |
| Countries Covered |
The U.S, Canada, Mexico, Germany, France, UK, China, Japan, India, Australia, South Korea, UAE, and Brazil |
| Key Companies Profiled |
include Lumintop Technology Co. Limited, Weltool, JETBeam Electronic Technology Co. Ltd, Acebeam, Nitecore, ams-OSRAM AG., NICHIA’s, Lumileds Holding B.V, Mateminco, christie digital systems usa inc, And among others. |
| Key Market Opportunities |
·        Rising Deployment Of Laser Excited Phosphors In Autonomous Vehicles. |
| Key Market Dynamics |
·        Advancements in Laser and Phosphor Technology. ·        Increasing Demand for Compact and High-Performance Lighting |
Frequently Asked Questions (FAQ) :
USD 2,343.57 Million is the Laser Excited Phosphor Based Lighting Market 2024
21.9% is the growth rate of the Video market
Asia-Pacific region holds the largest market share in the Global Laser Excited Phosphor Based Lighting Market
include Lumintop Technology Co. Limited, Weltool, JETBeam Electronic Technology Co. Ltd, Acebeam, Nitecore, ams-OSRAM AG., NICHIA’s, Lumileds Holding B.V, Mateminco, christie digital systems usa inc, And among others these are the prominent players in the Global Laser Excited Phosphor Based Lighting Market.
Projectors dominated the market in 2024.
