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The global emerging lighting technologies market is expected to be worth US$109.2 billion by 2014, growing at an estimated CAGR of 8.1% from 2009 to 2014. Fluorescent lighting forms the largest market segment; and is expected to reach US$82.6 billion by 2014 at a CAGR of 7.9% for the same period.

North America is the largest emerging lighting market which includes LEDs; is expected to be worth US$42.8 billion by 2014, accounting for nearly 39% of the total revenues. Europe is the second largest segment and is expected to reach US$36.9 billion by 2014. However, Asia is the fastest growing market and is poised for a high growth of 8.9% for the next five years.