The Latin America, Middle East and Africa Energy Efficient Warehouse Lighting System Market is expected to witness market growth of 14.0% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Energy Efficient Warehouse Lighting System Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $626.3 million by 2031. The Argentina market is registering a CAGR of 14.8% during 2024-2031. Additionally, the UAE market is expected to showcase a CAGR of 12.8% during 2024-2031.
Energy-efficient lighting systems are particularly beneficial in cold storage warehouses, where temperatures must be kept low to preserve perishable goods. Traditional lighting systems emit heat, raising the temperature in cold storage areas and increasing cooling costs. Energy-efficient LED lighting, however, generates minimal heat, making it ideal for cold storage environments.
Moreover, by minimizing the heat output from lighting, LED systems help cold storage warehouses maintain their temperature requirements more efficiently, resulting in substantial energy savings. The requirement for energy-efficient lighting in these particular applications is anticipated to rise in tandem with the growing need for cold storage facilities, particularly in industries such as food and pharmaceuticals.
Diverse factors, from high energy costs and grid reliability issues to ambitious government sustainability goals, underpin this region's push for energy-efficient warehouse lighting. In Brazil, demand for energy-efficient warehouse lighting is surging as businesses respond to high electricity costs and the country’s commitment to sustainability. Brazil’s National Energy Efficiency Plan (PNEE) provides incentives for adopting energy-saving technologies, driving widespread adoption of LED and smart lighting in the country’s industrial hubs.
The Brazil market dominated the LAMEA Energy Efficient Warehouse Lighting System Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $626.3 million by 2031. The Argentina market is registering a CAGR of 14.8% during 2024-2031. Additionally, the UAE market is expected to showcase a CAGR of 12.8% during 2024-2031.
Energy-efficient lighting systems are particularly beneficial in cold storage warehouses, where temperatures must be kept low to preserve perishable goods. Traditional lighting systems emit heat, raising the temperature in cold storage areas and increasing cooling costs. Energy-efficient LED lighting, however, generates minimal heat, making it ideal for cold storage environments.
Moreover, by minimizing the heat output from lighting, LED systems help cold storage warehouses maintain their temperature requirements more efficiently, resulting in substantial energy savings. The requirement for energy-efficient lighting in these particular applications is anticipated to rise in tandem with the growing need for cold storage facilities, particularly in industries such as food and pharmaceuticals.
Diverse factors, from high energy costs and grid reliability issues to ambitious government sustainability goals, underpin this region's push for energy-efficient warehouse lighting. In Brazil, demand for energy-efficient warehouse lighting is surging as businesses respond to high electricity costs and the country’s commitment to sustainability. Brazil’s National Energy Efficiency Plan (PNEE) provides incentives for adopting energy-saving technologies, driving widespread adoption of LED and smart lighting in the country’s industrial hubs.
List of Key Companies Profiled
- ams-OSRAM AG
- Nichia Corporation
- Acuity Brands, Inc.
- Signify N.V.
- Koninklijke Philips N.V.
- Schneider Electric SE
- Legrand S.A. (Legrand Group)
- Honeywell International, Inc.
- Cree Lighting (Ideal Industries, Inc.)
- Eaton Corporation plc
Market Report Segmentation
By Application
- Industrial
- Commercial
- Other Application
By Type
- Light Emitting Diodes (LED)
- Linear Fluorescent Lamps (LFL)
- High-Intensity Discharge Lamps (HID)
- Other Type
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. LAMEA Energy Efficient Warehouse Lighting System Market by Application
Chapter 6. LAMEA Energy Efficient Warehouse Lighting System Market by Type
Chapter 7. LAMEA Energy Efficient Warehouse Lighting System Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- ams-OSRAM AG
- Nichia Corporation
- Acuity Brands, Inc.
- Signify N.V.
- Koninklijke Philips N.V.
- Schneider Electric SE
- Legrand S.A. (Legrand Group)
- Honeywell International, Inc.
- Cree Lighting (Ideal Industries, Inc.)
- Eaton Corporation plc
Methodology
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