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Global Lighting Industry Trends: Smart Tech and Emerging Markets Drive Growth

According to the fair survey conducted at the Spring 2026 Hong Kong International Lighting Fair (LFSE)broad optimism prevails among the 454 lighting industry players surveyed, with many expecting sales to increase or remain stable over the next 6-24 months.

Specifically, 35% of respondents were confident of short-term sales growth while 49% saw expansion over the medium-term as highly likely, demonstrating robust confidence across the international lighting industry.

Bright Prospects for Emerging Economies

In terms of individual market outlooks, optimism was particularly high in the case of the emerging economies. Asked to rate markets on a scale from ‘1’ (‘very unpromising’) to ‘5’ (‘very promising’), respondents accorded India a score of 3.9, seeing it as the market most likely to grow over the next two years. This was followed by South Korea and Australia / the Pacific Islands (both at 3.8), and the ASEAN bloc, Japan and Latin America (all at 3.7). Overall, the results point to business focus continuing to shift towards high‑growth emerging markets.

LED and Smart Lighting as 'Most Promising' Product Categories

Regarding the product categories viewed as having the highest growth potential, 35% of respondents singled out LED Lighting as the frontrunner, while 34% opted for smart lighting and solutions (including lighting devices controlled by Wi-Fi / mobile apparatus). Meanwhile, 3 lighting categories stood jointly at 25% – residential, commercial, and outdoor / public – indicating the likelihood of steady but comparatively moderate growth prospects across these segments.

Industry Sees Household Lighting as Development Priority

Respondents were particularly optimistic with regard to household lighting systems that can be controlled via smartphone or tablet applications (44%). This was followed by energy‑efficient smart lighting solutions for residential, commercial and industrial use (39%). Endorsed by 29% of respondents, smartphone/tablet‑controllable industrial and commercial lighting systems also ranked relatively highly.

Majority of Industry Players Open to Online Sourcing

The survey also highlighted the growing importance of online sales channels throughout the lighting sector. In all, 70% of respondents indicated they were actively engaged in online sales activity (2% online‑only and 68% utilising both online and offline channels).

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Explore Full Survey Findings

Access detailed insights, including respondents’ profile, via:

Glowing with Confidence: Lighting Industry Stays Positive

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