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The industrial lighting market is forecasted to grow by USD 2.82 billion during 2024-2029, accelerating at a CAGR of 5.7% during the forecast period. The report on the industrial lighting market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in adoption of energy-efficient lighting technologies, increasing modernization and infrastructural development, and increasing government initiatives to adopt energy-efficient lighting in industrial sector.
The industrial lighting market is segmented as below:
By Type
- LED technology
- Traditional technology
By Application
- New installation
- Replacement installation
- Retrofit installation
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the industrial lighting market covers the following areas:
- Industrial Lighting Market sizing
- Industrial Lighting Market forecast
- Industrial Lighting Market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Type
9 Market Segmentation by Application
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global industrial lighting market: Acuity Brands Inc., ams OSRAM AG, Bajaj Electricals Ltd., Dialight PLC, Eaton Corp plc, Emerson Electric Co., General Electric Co., Glamox AS, Hubbell Inc., Iwasaki Electric Co. Ltd., Legrand SA, Mulinsen Co. Ltd., Panasonic Holdings Corp., RAB Lighting Inc., Signify NV, TRILUX GmbH and Co. KG, Wipro Ltd., Wolfspeed Inc., and Zumtobel Group AG.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is ongoing advancements in lighting technologies in industrial sector."
According to the report, one of the major drivers for this market is the rise in adoption of energy-efficient lighting technologies.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Acuity Brands Inc.
- ams OSRAM AG
- Bajaj Electricals Ltd.
- Dialight PLC
- Eaton Corp plc
- Emerson Electric Co.
- General Electric Co.
- Glamox AS
- Hubbell Inc.
- Iwasaki Electric Co. Ltd.
- Legrand SA
- Mulinsen Co. Ltd.
- Panasonic Holdings Corp.
- RAB Lighting Inc.
- Signify NV
- TRILUX GmbH and Co. KG
- Wipro Ltd.
- Wolfspeed Inc.
- Zumtobel Group AG
