The Industrial Lighting Market size was estimated at USD 13.89 billion in 2022 and expected to reach USD 14.96 billion in 2023, at a CAGR 7.53% to reach USD 24.84 billion by 2030.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Industrial Lighting Market.

  • Based on Offering, market is studied across Hardware, Services, and Software. The Hardware is projected to witness significant market share during forecast period.

  • Based on Product, market is studied across Flood/Area Lighting, High Bay Lighting, Industrial Linear Lighting, and Spot Lighting. The Flood/Area Lighting is projected to witness significant market share during forecast period.

  • Based on Light Source, market is studied across Fluorescent Lighting, Halogen Lighting, HID Lighting, Incandescent Lighting, and LED Lighting. The Halogen Lighting is projected to witness significant market share during forecast period.

  • Based on Communication Technology, market is studied across Wired and Wireless. The Wireless is projected to witness significant market share during forecast period.

  • Based on Installation Type, market is studied across New Installations and Retrofit Installations. The Retrofit Installations is projected to witness significant market share during forecast period.

  • Based on Application, market is studied across Indoor and Outdoor. The Outdoor is projected to witness significant market share during forecast period.

  • Based on End-Users, market is studied across Factory & Production Lines, Parking & Outer Premises, and Warehouses & Cold Storage. The Factory & Production Lines is projected to witness significant market share during forecast period.

  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific is projected to witness significant market share during forecast period.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Industrial Lighting Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Industrial Lighting Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Industrial Lighting Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Acuity Brands Inc., Advanced Lighting Technologies, LLC, Crompton Greaves Consumer Electricals Limited, Current Lighting Solutions, LLC, Dialight PLC, Digital Lumens Inc., Eaton Corporation PLC, Emerson Electric Co., Glamox UK, Hilclare Lighting, Honeywell International Inc, Hubbell Incorporated, IDEAL INDUSTRIES, INC., Legrand, Litetronics International Inc, Lutron Electronics Company, Nemalux Inc, R. STAHL AG, SAVANT TECHNOLOGIES LLC, Schneider Electric SE, Signify Holding B.V., Trilux Lighting Ltd, Ushio America, Inc., and Zumtobel Group AG.

The report offers valuable insights on the following aspects:

  1. Market Penetration: It provides comprehensive information about key players’ market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast for the Industrial Lighting Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Industrial Lighting Market?
  3. What is the competitive strategic window for identifying opportunities in the Industrial Lighting Market?
  4. What are the latest technology trends and regulatory frameworks in the Industrial Lighting Market?
  5. What is the market share of the leading vendors in the Industrial Lighting Market?
  6. Which modes and strategic moves are suitable for entering the Industrial Lighting Market?