Global Fluorescent Lighting Market Size Likely to Grow at a CAGR of 9.6% By 2034

Market Size and Growth

As per the Fluorescent Lighting Market size conducted by the CMI Team, the global Fluorescent Lighting Market is expected to record a CAGR of 9.6% from 2025 to 2034. In 2025, the market size is projected to reach a valuation of USD 8.64 Billion. By 2034, the valuation is anticipated to reach USD 19.48 Billion.

Overview

The growing emphasis on energy efficiency, low-cost lighting solutions, and sustainable infrastructure is fuelling significant growth in the fluorescent lighting industry. Light bulbs, particularly fluorescent ones, are a trusted option for new commercial, industrial, and residential applications as businesses and governments focus on low energy use and eco-friendliness. Affordable, long-lasting, and moderate energy usage make fluorescent lighting an attractive option, particularly in developing economies that still consider costs when adopting new technologies. In addition, policies to phase out incandescent bulbs have solidified fluorescent lighting’s place within public and private sectors.

Key Trends & Drivers

• Increasing Demand for Cleanrooms Across Various Sectors: The expanding need for cleanrooms in a variety of fields including healthcare, biotechnology, pharmaceuticals, and electronic manufacturing is a significant driving force behind growth within the fluorescent tubing market. A cleanroom is a regulated environment in which the air quality, temperature, and lighting conditions are strictly monitored, controlled, and maintained to ensure product safety, quality, and regulatory compliance. Fluorescent tubing is an ideal solution in cleanrooms because of its capacity to provide consistent, uniform illumination, as opposed to generating heat and excessive levels of particulate emissions. There are sealed and dust resistant fixture options that allow cleanrooms to maintain sterile conditions (at a minimum, bacteria-free), which is highly important to cleanroom environments. The semiconductor fabrication and medical device sectors are continuing to grow and increase engagement all over the world, requiring numerous cleanroom environments tied to the demand for reliable, efficient, and cleanroom compatible lighting.

• Growing Prevalence of Chronic Diseases: The growing prevalence of fluorescent lighting within the healthcare, biotechnology, and semiconductor manufacturing industries is a primary growth driver in the market. These industries require high output luminaire solutions that ensure visibility, accuracy, and safety in variable, sensitive, and controlled environments. Fluorescent lights are widely installed in healthcare facilities, providing bright, even, uniform lighting that assists with patient care and clinical accuracy while minimizing eye fatigue and strain for practitioners. In biotechnology laboratories and semiconductor manufacturing cleanrooms, maintaining contamination-free environments is critical, and fluorescent lighting produces low heat and utilizes sealed fixtures to minimize the introduction of airborne particles during production and testing while avoiding heat build-up and temperature variations. Their prolonged existence and energy efficiency are also a price advantage in facilities that operate on a 24/7 basis. The increase in the number of these industries domestically and internationally and continued investment in advanced technologies and infrastructure are expected to result in consistent demand growth for high-quality lighting in sensitive and errant-free controlled environments, including fluorescent lighting designs.

• Increasing Product Development: In the past few years, a number of the major lighting companies have developed new product lines focused on increasing lifespan, reducing maintenance, and providing simpler replacements – thus continuing to drive development within the fluorescent lighting ecosystem. For instance, OSRAM launched the DULUX XT CFL series in 2024, purported to last on average 36,000 hours of operation time, directly targeting pin‐base CFL users in applications where accessing the luminaires is problematic, such as street lighting, tunnels, car parks and frequently occupied public facilities. OSRAM also offers “SubstiTUBE T5” LED replacement tubes that are plug‐and‐play replacements for traditional 49 W and 80 W T5 fluorescent lamps, can deliver up to 5,600 lumens, and last an average of 50,000-60,000 hours of operation time, depending on the variant. Furthermore, Philips (Signify) has also focused on simplifying retrofit with their InstantFit LED T8 tubes which can directly replace fluorescent T8s without having to rewire the ballasts, thus creating a faster and lower-cost replacement. Furthermore, companies are not only focusing on improving performance, they are focused on reducing the total cost of ownership to help ensure fluorescent systems stay relevant.

Report Scope

SWOT Analysis

• Strengths: Fluorescent lighting has historically occupied a robust position within the global lighting marketplace because of its much higher rates of energy efficiency when compared with incandescent lighting. The relatively long service life and lower energy use of fluorescent lights have contributed to this option being cost effective for residential, commercial, and industrial users. The manufacturing process of fluorescent lighting is well established and mature and has sufficient capacity and global distribution to make it widely available to meet diverse lighting market needs. Fluorescent lamps have also built consumer trust due to decades of performance reliability in their markets. Fluorescent lamps are relied upon in situations where price and energy savings matter most.

• Weaknesses: Fluorescent lighting does have limits in its use. The most significant limitation for fluorescent lighting is its environmental impact – the use of mercury represents health risks and environmental disposal challenges. Fluorescent lamps often produce inferior performance for tasks such as color rendering, instant on capability, and dimming when compared with newer lighting technologies like LEDs. Concerns such as flickering, ballast noise, and decreased operational life when turned on and off often dismiss the consumer’s experience further. Also, with the decline of market demand and production in light of technological transitions, manufacturers are losing economies of scale, which is raising ‘per unit costs’ and decreasing competitiveness.

• Opportunities: While fluorescent lighting is declining in relation to newer technology, it does have some opportunities. In price-sensitive markets, particularly in developing economies, fluorescent lamps are still an attractive price option compared to LEDs. With this, there is still an opportunity for innovation in terms of product efficiency improvements, reducing mercury content, and better design features at this stage to keep the technology relevant. The replacement and retrofit business will also be an important consideration, as there is still plenty of infrastructure in place in commercial and industrial applications with fluorescent fixtures. Additionally, some governments or organizations will provide production attention for the technology in order to achieve short-term and low-cost energy savings in large applications.

• Threats: The fluorescent lighting market faces substantial threats to its subscriber base, and the most significant of these is the rapid advancement and adoption of LED technology. LEDs outperform fluorescents in nearly every category—energy utilization, longevity, environmental safety, and ease of integrating with smart lighting systems. The rising regulatory pressure on mercury in fluorescent products creates additional risk, with some developing countries already placing bans or stricter regulations on the usage of fluorescent lamps. Furthermore, as many consumers continue to shift towards sustainable long-term energy solutions, the fluorescent lighting market will continue to erode—adding to a market contraction. As global lighting policies and regulations continue to align with broader goals of energy efficiency and environmental sustainability, this market is likely to continue to decline in the short term and medium term.

List of the prominent players in the Fluorescent Lighting Market:

• Signify Holding
• Fagerhult Group
• OSRAM GmbH
• Zumtobel Group AG
• LEDVANCE GmbH
• Altman Lighting
• Astute Lighting Ltd
• Bamford Lighting
• Dextra Group
• Enarlux
• Hubbell incorporated
• Ideal Industries Inc.
• Reggiani Spa Illuminazione
• TRILUX Lighting Ltd
• OLIGO Lichttechnik GmbH.
• GE Electric
• Panasonic
• Schneider Electric
• Acuity Brands
• Advanced Lighting Technology
• Eaton
• Emerson Electric
• Everlight Electronics
• MLS Electronics
• Toshiba Lighting and Technology
• Toyoda Gosei
• Others

The Fluorescent Lighting Market is segmented as follows:

By Type

• Compact Fluorescent Lamp (CFL)
• Linear Fluorescent Lamp (LFL)
• Cold Cathode Fluorescent Lamp (CCFL)

By Installation

• New Installation
• Retrofit

By Application

• Residential
• Commercial
• Industrial
• Others

Regional Coverage:

North America

• U.S.
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Russia
• Italy
• Spain
• Netherlands
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Taiwan
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America