The industrial and commercial led lighting market size has grown exponentially in recent years. It will grow from $64.36 billion in 2024 to $77.98 billion in 2025 at a compound annual growth rate (CAGR) of 21.1%. The growth in the historic period can be attributed to energy efficiency and sustainability initiatives, government regulations and incentives, cost reductions in led manufacturing, long lifespan and low maintenance costs, rising awareness of lighting quality.
The industrial and commercial led lighting market size is expected to see exponential growth in the next few years. It will grow to $165.32 billion in 2029 at a compound annual growth rate (CAGR) of 20.7%. The growth in the forecast period can be attributed to increasing focus on smart cities, IoT integration in lighting systems, human-centric lighting trends, retrofitting traditional lighting systems, demand for customization and design flexibility. Major trends in the forecast period include technological advancements in LED lighting, rapid adoption of smart lighting systems, transition to human-centric lighting, advanced lighting controls, li-fi integration.
The industrial and commercial LED lighting market is witnessing substantial growth due to the increasing construction of new structures and the remodeling of existing buildings. This growth is fueled by various factors such as economic development, housing needs, and industrial advancements. New constructions and renovations require the incorporation of new materials and products, including LED lighting. For instance, in February 2022, privately-owned housing starts in the United States experienced a 6.8% increase, reaching 1,769,000, compared to the revised estimate of 1,657,000 in January. The growing construction activity is expected to drive significant demand for LED lighting in industrial and commercial structures.
Energy efficiency and cost-saving demands are anticipated to drive the growth of the industrial and commercial LED lighting market. Energy efficiency and cost savings involve optimizing energy use to achieve maximum output while minimizing expenses. Industrial and commercial LED lighting contribute to enhancing energy efficiency and realizing significant cost savings through their energy-efficient technology and extended lifespan. In March 2023, the Department for Energy Security and Net Zero reported a total of 204,100 installations across various programs in 2022, with industrial LED lighting playing a crucial role. The demand for energy efficiency and cost savings is thus fueling the growth of the industrial and commercial LED lighting market.
Leading companies in the industrial and commercial LED lighting market are launching advanced products, such as smart lighting systems, to improve energy efficiency and user control. Smart lighting refers to systems that can be remotely controlled and automated, often utilizing IoT technology to adjust brightness, color, and schedules according to user preferences or environmental conditions. For example, in May 2023, URC (Universal Remote Control), a US-based company specializing in smart home automation and control systems, introduced the URC Lighting LT-3300. This LED lighting solution features smart capabilities that enable installers to choose between a dimmer or switch configuration and easily program it to create unique atmospheres for entertaining or family gatherings. The auto load detection feature streamlines installation by removing the need to configure neutral or non-neutral wiring setups, making it adaptable for various electrical environments. Additionally, the device includes a trailing-edge, colorful LED bar that offers visual feedback for notifications and programmed triggers, enhancing user interaction.
Major companies in the industrial and commercial LED lighting market are concentrating on advanced solutions such as flameproof lighting to address safety and regulatory requirements while meeting evolving industry needs. Flameproof lighting refers to specialized fixtures designed to prevent the ignition of explosive atmospheres, ensuring safety in hazardous industrial environments. For instance, in January 2023, Wipro Lighting, an India-based smart and connected LED lighting solutions company, introduced Blazeline, an innovative range of flameproof lighting solutions. This product line is dedicated to offering the industry's most durable and dependable flameproof lighting, tailored for hazardous zones. Wipro Lighting emphasizes energy efficiency, premium quality, innovative designs, and optimal optics, ensuring superior in-house design, technical assistance, and consistent upgrades. Blazeline is designed for suitability in various hazardous zones, showcasing Wipro's commitment to safety and quality.
In February 2022, Hubbell's commercial and industrial lighting business was acquired by GE Current, a US-based LED lighting manufacturer, for an undisclosed sum. This acquisition expands GE Current’s product portfolio in lamps, fixtures, and controls, catering specifically to commercial and industrial applications such as signage, roadways, horticulture, and transportation markets.
Major companies operating in the industrial and commercial LED lighting market include Samsung Electronics Co. Ltd., General Electric Company, Panasonic Corporation, Schneider Electric SE, Honeywell International Inc., ABB Ltd., Toshiba Corporation, Eaton Corporation plc, Koninklijke Philips NV, Emerson Electric Co., Wipro Ltd., Legrand S.A., Signify N.V., Osram Licht AG, Hubbell Incorporated, ams-OSRAM AG, Acuity Brands Inc., Stanley Electric Co. Ltd., Havells Ltd., Leviton Manufacturing Company Inc., Zumtobel Group, IDEAL INDUSTRIES INC., Lutron Electronics, The Jaquar Group, Syska Hennessy Group, Dialight plc, Digital Lumens Inc., Deco Lighting Inc., Litetronics International Inc., Current Lighting Solutions LLC.
Asia-Pacific was the largest region in the industrial and commercial LED lighting market in 2024. The regions covered in the industrial and commercial led lighting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the industrial and commercial led lighting market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Industrial and commercial LED lighting refers to the utilization of LED lighting products in factories, industries, and other commercial spaces. These lighting solutions provide high-quality illumination crucial for industrial and commercial settings. Some industrial LED lighting bulbs offer a lifespan four to forty times longer than traditional lighting solutions, leading to substantial cost savings.
The primary types of products in the industrial and commercial LED lighting market are LED lamps and LED fixtures. LED lamps, utilizing light-emitting diodes (LEDs), have a longer lifespan compared to other light sources such as incandescent and compact fluorescent lighting (CFL). Installation methods for industrial and commercial LED lighting include new installation and retrofit, and distribution channels encompass direct sales, online stores, specialty stores, and others. These lighting solutions are commonly used in retail, manufacturing, hospitality, warehouses, storage, office buildings, and other industrial applications.
The industrial and commercial LED lighting market research report is one of a series of new reports that provides industrial and commercial LED lighting market statistics, including industrial and commercial LED lighting industry global market size, regional shares, competitors with an industrial and commercial LED lighting market share, detailed industrial and commercial LED lighting market segments, industrial and commercial led lighting market trends and opportunities, and any further data you may need to thrive in the industrial and commercial LED lighting industry. This industrial and commercial LED lighting market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The industrial and commercial LED market consists of sales of landscape lights, recessed lights, pendant lights, outdoor commercial lights, shoebox lights, LED wall-pack lights, LED warehouse, lighting, cleanroom luminaires, and task lights and lamps. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The industrial and commercial led lighting market size is expected to see exponential growth in the next few years. It will grow to $165.32 billion in 2029 at a compound annual growth rate (CAGR) of 20.7%. The growth in the forecast period can be attributed to increasing focus on smart cities, IoT integration in lighting systems, human-centric lighting trends, retrofitting traditional lighting systems, demand for customization and design flexibility. Major trends in the forecast period include technological advancements in LED lighting, rapid adoption of smart lighting systems, transition to human-centric lighting, advanced lighting controls, li-fi integration.
The industrial and commercial LED lighting market is witnessing substantial growth due to the increasing construction of new structures and the remodeling of existing buildings. This growth is fueled by various factors such as economic development, housing needs, and industrial advancements. New constructions and renovations require the incorporation of new materials and products, including LED lighting. For instance, in February 2022, privately-owned housing starts in the United States experienced a 6.8% increase, reaching 1,769,000, compared to the revised estimate of 1,657,000 in January. The growing construction activity is expected to drive significant demand for LED lighting in industrial and commercial structures.
Energy efficiency and cost-saving demands are anticipated to drive the growth of the industrial and commercial LED lighting market. Energy efficiency and cost savings involve optimizing energy use to achieve maximum output while minimizing expenses. Industrial and commercial LED lighting contribute to enhancing energy efficiency and realizing significant cost savings through their energy-efficient technology and extended lifespan. In March 2023, the Department for Energy Security and Net Zero reported a total of 204,100 installations across various programs in 2022, with industrial LED lighting playing a crucial role. The demand for energy efficiency and cost savings is thus fueling the growth of the industrial and commercial LED lighting market.
Leading companies in the industrial and commercial LED lighting market are launching advanced products, such as smart lighting systems, to improve energy efficiency and user control. Smart lighting refers to systems that can be remotely controlled and automated, often utilizing IoT technology to adjust brightness, color, and schedules according to user preferences or environmental conditions. For example, in May 2023, URC (Universal Remote Control), a US-based company specializing in smart home automation and control systems, introduced the URC Lighting LT-3300. This LED lighting solution features smart capabilities that enable installers to choose between a dimmer or switch configuration and easily program it to create unique atmospheres for entertaining or family gatherings. The auto load detection feature streamlines installation by removing the need to configure neutral or non-neutral wiring setups, making it adaptable for various electrical environments. Additionally, the device includes a trailing-edge, colorful LED bar that offers visual feedback for notifications and programmed triggers, enhancing user interaction.
Major companies in the industrial and commercial LED lighting market are concentrating on advanced solutions such as flameproof lighting to address safety and regulatory requirements while meeting evolving industry needs. Flameproof lighting refers to specialized fixtures designed to prevent the ignition of explosive atmospheres, ensuring safety in hazardous industrial environments. For instance, in January 2023, Wipro Lighting, an India-based smart and connected LED lighting solutions company, introduced Blazeline, an innovative range of flameproof lighting solutions. This product line is dedicated to offering the industry's most durable and dependable flameproof lighting, tailored for hazardous zones. Wipro Lighting emphasizes energy efficiency, premium quality, innovative designs, and optimal optics, ensuring superior in-house design, technical assistance, and consistent upgrades. Blazeline is designed for suitability in various hazardous zones, showcasing Wipro's commitment to safety and quality.
In February 2022, Hubbell's commercial and industrial lighting business was acquired by GE Current, a US-based LED lighting manufacturer, for an undisclosed sum. This acquisition expands GE Current’s product portfolio in lamps, fixtures, and controls, catering specifically to commercial and industrial applications such as signage, roadways, horticulture, and transportation markets.
Major companies operating in the industrial and commercial LED lighting market include Samsung Electronics Co. Ltd., General Electric Company, Panasonic Corporation, Schneider Electric SE, Honeywell International Inc., ABB Ltd., Toshiba Corporation, Eaton Corporation plc, Koninklijke Philips NV, Emerson Electric Co., Wipro Ltd., Legrand S.A., Signify N.V., Osram Licht AG, Hubbell Incorporated, ams-OSRAM AG, Acuity Brands Inc., Stanley Electric Co. Ltd., Havells Ltd., Leviton Manufacturing Company Inc., Zumtobel Group, IDEAL INDUSTRIES INC., Lutron Electronics, The Jaquar Group, Syska Hennessy Group, Dialight plc, Digital Lumens Inc., Deco Lighting Inc., Litetronics International Inc., Current Lighting Solutions LLC.
Asia-Pacific was the largest region in the industrial and commercial LED lighting market in 2024. The regions covered in the industrial and commercial led lighting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the industrial and commercial led lighting market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Industrial and commercial LED lighting refers to the utilization of LED lighting products in factories, industries, and other commercial spaces. These lighting solutions provide high-quality illumination crucial for industrial and commercial settings. Some industrial LED lighting bulbs offer a lifespan four to forty times longer than traditional lighting solutions, leading to substantial cost savings.
The primary types of products in the industrial and commercial LED lighting market are LED lamps and LED fixtures. LED lamps, utilizing light-emitting diodes (LEDs), have a longer lifespan compared to other light sources such as incandescent and compact fluorescent lighting (CFL). Installation methods for industrial and commercial LED lighting include new installation and retrofit, and distribution channels encompass direct sales, online stores, specialty stores, and others. These lighting solutions are commonly used in retail, manufacturing, hospitality, warehouses, storage, office buildings, and other industrial applications.
The industrial and commercial LED lighting market research report is one of a series of new reports that provides industrial and commercial LED lighting market statistics, including industrial and commercial LED lighting industry global market size, regional shares, competitors with an industrial and commercial LED lighting market share, detailed industrial and commercial LED lighting market segments, industrial and commercial led lighting market trends and opportunities, and any further data you may need to thrive in the industrial and commercial LED lighting industry. This industrial and commercial LED lighting market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The industrial and commercial LED market consists of sales of landscape lights, recessed lights, pendant lights, outdoor commercial lights, shoebox lights, LED wall-pack lights, LED warehouse, lighting, cleanroom luminaires, and task lights and lamps. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Industrial and Commercial LED Lighting Market Characteristics3. Industrial and Commercial LED Lighting Market Trends and Strategies4. Industrial and Commercial LED Lighting Market - Macro Economic Scenario Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market32. Global Industrial and Commercial LED Lighting Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Industrial and Commercial LED Lighting Market34. Recent Developments in the Industrial and Commercial LED Lighting Market
5. Global Industrial and Commercial LED Lighting Growth Analysis and Strategic Analysis Framework
6. Industrial and Commercial LED Lighting Market Segmentation
7. Industrial and Commercial LED Lighting Market Regional and Country Analysis
8. Asia-Pacific Industrial and Commercial LED Lighting Market
9. China Industrial and Commercial LED Lighting Market
10. India Industrial and Commercial LED Lighting Market
11. Japan Industrial and Commercial LED Lighting Market
12. Australia Industrial and Commercial LED Lighting Market
13. Indonesia Industrial and Commercial LED Lighting Market
14. South Korea Industrial and Commercial LED Lighting Market
15. Western Europe Industrial and Commercial LED Lighting Market
16. UK Industrial and Commercial LED Lighting Market
17. Germany Industrial and Commercial LED Lighting Market
18. France Industrial and Commercial LED Lighting Market
19. Italy Industrial and Commercial LED Lighting Market
20. Spain Industrial and Commercial LED Lighting Market
21. Eastern Europe Industrial and Commercial LED Lighting Market
22. Russia Industrial and Commercial LED Lighting Market
23. North America Industrial and Commercial LED Lighting Market
24. USA Industrial and Commercial LED Lighting Market
25. Canada Industrial and Commercial LED Lighting Market
26. South America Industrial and Commercial LED Lighting Market
27. Brazil Industrial and Commercial LED Lighting Market
28. Middle East Industrial and Commercial LED Lighting Market
29. Africa Industrial and Commercial LED Lighting Market
30. Industrial and Commercial LED Lighting Market Competitive Landscape and Company Profiles
31. Industrial and Commercial LED Lighting Market Other Major and Innovative Companies
35. Industrial and Commercial LED Lighting Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Industrial and Commercial LED Lighting Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on industrial and commercial led lighting market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for industrial and commercial led lighting? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The industrial and commercial led lighting market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product Type: LED Lamps; LED Fixtures2) By Installation: New Installation; Retrofit
3) By Distribution: Direct Sales; Online Stores; Specialty Stores; Other Distribution Channels
4) By Application: Retail; Manufacturing; Hospitality; Warehouses and Storage; Office Buildings; Other Applications
Subsegments:
1) By LED Lamps: A-Type LED Lamps; Flood LED Lamps; Tube LED Lamps; Specialty LED Lamps2) By LED Fixtures: Panel LED Fixtures; High Bay LED Fixtures; Downlight LED Fixtures; Street LED Fixtures; Wall-Mounted LED Fixtures
Key Companies Mentioned: Samsung Electronics Co. Ltd.; General Electric Company; Panasonic Corporation; Schneider Electric SE; Honeywell International Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Samsung Electronics Co. Ltd.
- General Electric Company
- Panasonic Corporation
- Schneider Electric SE
- Honeywell International Inc.
- ABB Ltd.
- Toshiba Corporation
- Eaton Corporation plc
- Koninklijke Philips NV
- Emerson Electric Co.
- Wipro Ltd.
- Legrand S.A.
- Signify N.V.
- Osram Licht AG
- Hubbell Incorporated
- ams-OSRAM AG
- Acuity Brands Inc.
- Stanley Electric Co. Ltd.
- Havells Ltd.
- Leviton Manufacturing Company Inc.
- Zumtobel Group
- IDEAL INDUSTRIES INC.
- Lutron Electronics
- The Jaquar Group
- Syska Hennessy Group
- Dialight plc
- Digital Lumens Inc.
- Deco Lighting Inc.
- Litetronics International Inc.
- Current Lighting Solutions LLC
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | March 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 77.98 Billion |
Forecasted Market Value ( USD | $ 165.32 Billion |
Compound Annual Growth Rate | 20.7% |
Regions Covered | Global |
No. of Companies Mentioned | 30 |