The study reveals that industrial lighting is trending in North America region. The industrial lighting demand is growing very rapidly as the advancements in LED applications. The increasing demand of of these lighting in the industrial area, hazardous locations, parking garages is also one of the key driver for the growth of the market. The LED lighting has huge market due to its low cost, high quality, environment friendly & others, and is driving the market growth to the great extent. The growing need of lighting in the industrial purpose due to new organization, company expansion, increasing number of modern workspace, and others which drive the market growth.
In North America region, the industrial lighting demand is increasing with the growing need of well-lit spaces in the organizations to ensure worker safety. The Industrial Lighting Market demand is increasing exponentially due to its durability, easy to maintain, and are ideal for high temperature environments. While, the high intensity discharge lighting is offering high quality, reliability & environmental compliance. It can be used where the most critical areas and much visible light per watt is required. These lighting is widely used in streetlights, warehouses, large retail facilities, stadiums and others.
The Global Industrial Lighting Market is growing rapidly over ~8% of CAGR and is expected to reach at USD ~ 13 Billion by the end of forecast period.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Global Industrial Lighting Market Research Report -Forecast to 2023”.
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The prominent players in the Global Industrial Lighting market are –Emerson Electric (US), Legrand (France), Acuity Brands Lighting, Inc. (US), TOYODA GOSEI Co., Ltd (Japan), Cree, Inc. (US), Philips Lighting Holding B.V. (Netherlands), Hubbell Lighting, Inc. (US), General Electric (US), Zumtobel Group (Austria), Osram Licht AG (Germany) and among others.
The global Industrial Lighting market has been segmented on the basis of light source type, product, applications, and region.
Global Industrial Lighting market by Light Source Type:
- High Intensity Discharge
Global Industrial Lighting market by Products:
- Industrial Wall Lights
- Vintage Industrial Lighting
- Industrial Look Lighting
- Industrial Hanging Lights
- Accent Lighting
- Task Lighting
Global Industrial Lighting market by Application:
- Factory & Production Lines
- Hotels & Restaurants
- Outer Premises
- Parking Areas
- Hazardous Locations
Global Industrial Lighting market by Regions:
- North America
- Rest of the World
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Market Research Analysis:
On geographic basis, global Industrial Lighting market is studied in different regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that North America region is leading with largest market share growth in the industrial lighting market due to the major companies are investing for the production of these lights for the industrial purposes. In this market, Europe is to be estimated to be the second largest market share for industrial lighting during the forecast period.
- Light manufacturing companies
- Product sales and distribution companies
- Original equipment manufacturers
- Original design manufacturers
- Installers and maintenance service providers
- Light providers
- Research and development companies
- Market research and consulting firms
- Technology standards organizations
- Technology investors
- System Integrators
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