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Industrial Lighting Market Report Scope & Overview:

The Industrial Lighting Market size was valued at USD 8.16 billion in 2023 and is expected to grow to USD 15.38 billion by 2032 and grow at a CAGR of 7.30% over the forecast period of 2024-2032. Rising need for energy-efficient solutions, increasing adoption of LED and smart lighting systems, and stringent government regulations concerning energy consumption are some of the factors driving the growth of the industrial lighting market. Industries increasingly deploy IoT-enabled lighting to better their operational efficiency, minimize maintenance costs, and bolster workplace safety. Growing Industry 4.0 and smart factories also increase the demand for sensor-based and automated lighting solutions. Also, improved wireless lighting controls and lowering LED prices are driving industrial lighting upgrades to be increasingly more affordable.

Industrial Lighting Market Revenue Analysis

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Industrial Lighting Market Dynamics:

Drivers

  • Smart & IoT Enabled Lighting Redefining Industrial Lighting with better efficiency, sustainability and operational reliability.

The industrial lighting industry is being revolutionized with smart/IoT enabled lighting, which has enabled increased efficiency and sustainability. Optimization of energy consumption, and the detection of real-time faults, these systems lower daily energy costs and downtime by 50% or more, saving money and promoting business continuity. Sensors and data analytics also improve public safety and mobility through adaptive lighting to promote visibility. Moreover, IoT lighting solutions are essential for the formation of smart cities and easily incorporate with urban technologies. Although there are challenges such as high initial investments, technical complexities, and cybersecurity concerns, the ever-rising IoT adoption is bringing forth the future of the industrial lighting system.  These systems also provide valuable data insights, enabling businesses to make data-driven decisions and build more sustainable environments.

Restraints:

  • Cybersecurity Threats in Industrial Lighting Systems with IoT Capabilities

IoT-enabled industrial lighting systems are increasingly susceptible to cyberattacks, which pose serious risks to data privacy and system integrity. With the proliferation of these systems, securing them is critical to avoiding any disruptions. Experts point out that the emergence of connected lighting systems increases the need for solid cybersecurity strategies and solutions. To address these challenges, it is crucial for manufacturers and system integrators to implement robust cybersecurity standards and best practices to alleviate these mineral concerns, enabling seamless and secure operations throughout production settings. Proper security protocols are necessary to maintain both system integrity and operational efficiency.

Opportunities:

  • Energy Efficient Lighting Solutions Enabling SMEs in industrial lighting Market

The demand for industrial lighting has been steadily increasing, due to its role in providing improved safety and efficiency in high-risk areas like warehouses, logistics and industrial establishments has seen its demand growing steadily. The prevalence of traditional lighting, like fluorescent and HID lights, results in high maintenance costs due to efficient heat loss, but more energy-efficient LED lighting solutions can save you a lot of money. While worldwide industrial production continues to raise energy demand, energy-efficient illumination systems will become even more important to minimize operating costs. The high initial investment required for replacing existing lighting systems remains a barrier, particularly for small and medium enterprises, limiting faster adoption of advanced solutions.

Challenges:

  • Overcoming maintenance challenges in industrial lighting requires adopting energy-efficient LEDs and effective maintenance practices to reduce costs, minimize downtime, and enhance operational efficiency.

Maintenance of industrial lighting systems, especially traditional technologies (such as fluorescent and HID lamps) proves to be major challenge for industrial lighting systems recurring expenses are due to the frequent replacement of the bulbs, high-energy consumption, and dissipation of heat. The maintenance costs are typically influenced because they require complicated lighting infrastructure and the use of specialized labor. While industries increasingly adopt energy-efficient light fixtures like LEDs, the shift demands upfront capital outlay and regular maintenance. Poor maintenance practices can lead to longer downtimes, negatively affecting productivity. Addressing these maintenance issues is essential to reduce costs and improve operational efficiency.

Industrial Lighting Market Segment Analysis:

By Light Source Type

Based on By Light Source Type, LED segment is dominating and fastest growing in Industrial lighting market of around 56% in 2023. This growth can be attributed to the multitude of benefits that LED lights provide compared to traditional lighting options, including HID (high-intensity discharge) and fluorescent lights. LEDs are much more energy-efficient, resulting in heavy reductions in electricity bills, and have a much longer lifespan, meaning less replacements. They also produce less heat, which means reduced cooling costs for industrial buildings. LEDs are also extremely customizable as they can provide different levels of brightness and color temperatures to fit into environments across various industries. As industries increasingly prioritize energy efficiency and cost-effectiveness, the demand for LED-based lighting systems is expected to continue growing rapidly in the coming years, making it the fastest-growing segment in the market.

By Product Type

The Industrial Wall Lights segment held the largest revenue share of around 35% in the industrial lighting market in 2023. Due to the increasing need for effective, durable, and space-saving illumination solutions in industrial environments. Industrial wall lights are employed in areas as diverse as production facilities, warehouses, and loading docks for focused illumination of specific tasks while making the best use of floor space. When tailored to meet specific requirements, their solid construction provides comprehensive indoor-up treatment protection contributing significantly to the safe operation of equipment in locations such as heating rooms. The higher adoption of energy-saving lightings, like the LEDs, also increases the demand for industrial wall lights in the commercial unit.

The Industrial Hanging Lights segment is expected to experience moderate growth over the forecast period from 2024 to 2032. Driven increased need for efficient, long-lasting, high-performing lighting solutions in large industrial facilities like warehouses, manufacturing plants, and distribution centers. Clustering industrial hanging light provides flexibility and broad illumination ranges, which are ideal for high ceiling spaces. These lamps are very common for wide area lighting environments, such as production area, storage space, and assembly lines.. Additionally, the transition to energy-efficient lighting solutions, such as LED technology, is likely to further enhance the appeal of industrial hanging lights. Their ability to reduce energy consumption while providing optimal lighting makes them an attractive option for industrial operators looking to cut costs and improve operational efficiency.

By Application

The warehouse segment is dominating the industrial lighting market and is expected to witness the fastest-growing compound annual growth rate (CAGR) over the forecast period from 2024 to 2032, with a market share of around 36% in 2023. This growth is driven by the increasing need for efficient lighting solutions in warehouses to improve visibility, ensure safety, and enhance productivity. With the rise in e-commerce and the growing demand for storage and distribution facilities, warehouses require advanced lighting systems that can meet both energy efficiency and operational efficiency goals. The adoption of smart, energy-efficient lighting systems like LEDs, along with automation, is further fueling the market growth in this segment.

Industrial Lighting Market Regional Analysis:

North America dominated the industrial lighting market in 2023, accounting for approximately 40% of the market share. This leadership can be attributed region's rapid adoption of novel lighting technologies, like LEDs and Internet of Things (IoT) enabled systems, fueled by the increasing need for energy-efficient and sustainable lighting solutions. Several key players, large industrial output, and growing pretensions to smart manufacturing and smart infrastructure bolster the dominance of the region. Policy push towards stringent energy regulations and initiatives to reduce carbon footprints have driven industries to invest in energy efficient lighting solutions. With ongoing technological advancements and a shift towards automation, North America is expected to maintain its position as a market leader in industrial lighting.

The Asia-Pacific region is the fastest-growing market for industrial lighting, with a significant growth forecast over the period from 2024 to 2032. Rapid industrialization, urbanization, and adoption of energy-efficient lighting, including LEDs and smart lighting systems, in this region are contributing to the growth of the market. Commonwealth nations such as China, India, Japan and South Korea lead this growth: massive manufacturing base, infrastructure development and emerging demand for green lighting technologies. Substantial investments in smart city initiatives are also propelling the growth of the advanced lighting systems market in the region. The ongoing push towards automation and energy efficiency makes Asia-Pacific a key player in the industrial lighting market's future growth.

Industrial-Lighting-Market-Regional-Analysis-2023

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Industrial Lighting Market Key Players

Some of the major key Players in Industrial Lighting Market along with their product:

  • Philips Lighting Holding B.V. (Netherlands) – (LED Industrial Lighting, Smart Lighting Solutions)

  • Hubbell Lighting, Inc. (US) – (Industrial High Bay Lighting, Explosion-Proof Lighting)

  • Emerson Electric (US) – (Hazardous Location Lighting, Emergency Lighting)

  • Legrand (France) – (Architectural & Industrial Lighting Controls)

  • Acuity Brands Lighting Inc. (US) – (Industrial LED Fixtures, Smart Lighting Systems)

  • TOYODA GOSEI Co., Ltd (Japan) – (Automotive & Industrial LED Lighting)

  • Cree, Inc. (US) – (High-Efficiency Industrial LED Lighting)

  • General Electric (US) – (Industrial Outdoor & High-Performance Lighting)

  • Osram Licht AG (Germany) – (LED High Bay Lights, Smart Industrial Lighting)

  • Zumtobel Group (Austria) – (Industrial & Commercial Lighting Solutions)

  • Schneider Electric (France) – (Industrial Smart Lighting, Energy-Efficient Solutions)

  • Signify N.V. (Netherlands) – (Connected Industrial LED Systems, UV-C Disinfection Lighting)

  • Dialight plc (UK) – (Industrial & Hazardous Area LED Lighting)

  • Panasonic Corporation (Japan) – (Industrial & Smart Lighting Solutions)

  • Eaton Corporation (Ireland) – (Explosion-Proof & Industrial LED Lighting)

List of Suppliers who provide raw material and component in Industrial Lighting Market

  • Dow Inc. (US)

  • BASF SE (Germany)

  • DuPont (US)

  • Covestro AG (Germany)

  • 3M (US)

  • Nichia Corporation (Japan)

  • Osram Opto Semiconductors (Germany)

  • Cree LED (US)

  • Samsung LED (South Korea)

  • LG Innotek (South Korea)

  • Mean Well Enterprises (Taiwan)

  • Inventronics Inc. (China)

  • Delta Electronics (Taiwan)

  • Texas Instruments (US)

  • ON Semiconductor (US)

Recent Development

  • 11 Feb 2025 – GE Current continues to drive innovation in industrial lighting with the expansion of sensor-enabled Albeo LED fixtures, enhancing efficiency and smart building integration across Fortune 500 companies.

  • 14 February 2024 – Panasonic Life Solutions India expands its presence in the lighting sector by opening a new manufacturing facility in Daman, Gujarat, strengthening local production to meet growing demand.

Industrial Lighting Market Report Scope:

Report Attributes Details
Market Size in 2023 USD 8.16 Billion
Market Size by 2032 USD 15.38 Billion
CAGR CAGR of 7.30 % From 2024 to 2032
Base Year 2023
Forecast Period 2024-2032
Historical Data 2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Light Source Type (LED, Fluorescent, High-Intensity Discharge, Incandescent)
• By Product (Industrial Wall Lights, Vintage Industrial Lighting, Industrial Look Lighting, Industrial Hanging Light, Task Lighting, Accent Lighting)
• By Application (Hotels & Restaurants, Factory & Production Lines, Hazardous Locations, Parking Areas, Outer Premises, Warehouse, Others)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America)
Company Profiles Philips Lighting Holding B.V. (Netherlands), Hubbell Lighting, Inc. (US), Emerson Electric (US), Legrand (France), Acuity Brands Lighting Inc. (US), TOYODA GOSEI Co., Ltd (Japan), Cree, Inc. (US), General Electric (US), Osram Licht AG (Germany), Zumtobel Group (Austria), Schneider Electric (France), Signify N.V. (Netherlands), Dialight plc (UK), Panasonic Corporation (Japan), and Eaton Corporation (Ireland).

 

Frequently Asked Questions

Ans: Industrial Lighting Market is anticipated to expand by 7.30 % from 2024 to 2032.

Ans:  USD 15.38 billion is expected to grow by 2032.

Ans: Industrial Lighting Market size was valued at USD 8.16 billion in 2023

Ans: North America is dominating the Industrial Lighting Market.

Ans: Rapid Urbanization, Development in infrastructure and industrialization and Growing e-commerce industry demand.

Table of Content

1. Introduction

1.1 Market Definition

1.2 Scope (Inclusion and Exclusions)

1.3 Research Assumptions

2. Executive Summary

2.1 Market Overview

2.2 Regional Synopsis

2.3 Competitive Summary

3. Research Methodology

3.1 Top-Down Approach

3.2 Bottom-up Approach

3.3. Data Validation

3.4 Primary Interviews

4. Market Dynamics Impact Analysis

4.1 Market Driving Factors Analysis

4.1.1 Drivers

4.1.2 Restraints

4.1.3 Opportunities

4.1.4 Challenges

4.2 PESTLE Analysis

4.3 Porter’s Five Forces Model

5. Statistical Insights and Trends Reporting

5.1 Adoption Rate by Region

5.2 Labor & Manufacturing Costs by Region

5.3 Environmental Impact Data

5.4 Failure & Replacement Rates

5.5 Innovation and R&D

6. Competitive Landscape

6.1 List of Major Companies, By Region

6.2 Market Share Analysis, By Region

6.3 Product Benchmarking

6.3.1 Product specifications and features

6.3.2 Pricing

6.4 Strategic Initiatives

6.4.1 Marketing and promotional activities

6.4.2 Distribution and supply chain strategies

6.4.3 Expansion plans and new product launches

6.4.4 Strategic partnerships and collaborations

6.5 Technological Advancements

6.6 Market Positioning and Branding

7. Industrial Lighting Market Segmentation, by Light Source Type

7.1 Chapter Overview

7.2 LED

7.2.1 LED Market Trends Analysis (2020-2032)

7.2.2 LED Market Size Estimates and Forecasts to 2032 (USD Billion)

7.3 Fluorescent

7.3.1 Fluorescent Market Trends Analysis (2020-2032)

7.3.2 Fluorescent Market Size Estimates and Forecasts to 2032 (USD Billion)

7.4 High-Intensity Discharge

7.4.1 High-Intensity Discharge Market Trends Analysis (2020-2032)

7.4.2 High-Intensity Discharge Market Size Estimates and Forecasts to 2032 (USD Billion)

7.5 Incandescent

7.5.1 Incandescent Market Trends Analysis (2020-2032)

7.5.2 Incandescent Market Size Estimates and Forecasts to 2032 (USD Billion)

8. Industrial Lighting Market Segmentation, by Product

8.1 Chapter Overview

8.2 Industrial Wall Lights

8.2.1 Industrial Wall Lights Market Trends Analysis (2020-2032)

8.2.2 Industrial Wall Lights Market Size Estimates and Forecasts to 2032 (USD Billion)

8.3 Vintage Industrial Lighting

8.3.1 Vintage Industrial Lighting Market Trends Analysis (2020-2032)

8.3.2 Vintage Industrial Lighting Market Size Estimates and Forecasts to 2032 (USD Billion)

8.4 Industrial Look Lighting

8.4.1 Industrial Look Lighting Market Trends Analysis (2020-2032)

8.4.2 Industrial Look Lighting Market Size Estimates and Forecasts to 2032 (USD Billion)

8.5 Industrial Hanging Light

8.5.1 Industrial Hanging Light Market Trends Analysis (2020-2032)

8.5.2 Industrial Hanging Light Market Size Estimates and Forecasts to 2032 (USD Billion)

8.6 Task Lighting

8.6.1 Task Lighting Market Trends Analysis (2020-2032)

8.6.2 Task Lighting Market Size Estimates and Forecasts to 2032 (USD Billion)
 

8.7 Accent Lighting

8.7.1 Accent Lighting Market Trends Analysis (2020-2032)

8.7.2 Accent Lighting Market Size Estimates and Forecasts to 2032 (USD Billion)
 

9. Industrial Lighting Market Segmentation, by Application

9.1 Chapter Overview

9.2 Hotels & Restaurants

9.2.1 Hotels & Restaurants Market Trends Analysis (2020-2032)

9.2.2 Hotels & Restaurants Market Size Estimates and Forecasts to 2032 (USD Billion)

9.3 Factory & Production Lines

9.3.1 Factory & Production Lines Market Trends Analysis (2020-2032)

9.3.2 Factory & Production Lines Market Size Estimates and Forecasts to 2032 (USD Billion)

9.4 Hazardous Locations

9.4.1 Hazardous Locations Market Trends Analysis (2020-2032)

9.4.2 Hazardous Locations Market Size Estimates and Forecasts to 2032 (USD Billion)

9.5 Parking Areas

9.5.1 Parking Areas Market Trends Analysis (2020-2032)

9.5.2 Parking Areas Market Size Estimates and Forecasts to 2032 (USD Billion)

9.6 Outer Premises

9.6.1 Outer Premises Market Trends Analysis (2020-2032)

9.6.2 Outer Premises Market Size Estimates and Forecasts to 2032 (USD Billion)

9.7 Warehouse

9.7.1 Warehouse Market Trends Analysis (2020-2032)

9.7.2 Warehouse Market Size Estimates and Forecasts to 2032 (USD Billion)

9.8 Others

9.8.1 Others Market Trends Analysis (2020-2032)

9.8.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)

10. Regional Analysis

10.1 Chapter Overview

10.2 North America

10.2.1 Trends Analysis

10.2.2 North America Industrial Lighting Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.2.3 North America Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion) 

10.2.4 North America Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.2.5 North America Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.2.6 USA

10.2.6.1 USA Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.2.6.2 USA Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.2.6.3 USA Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.2.7 Canada

10.2.7.1 Canada Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.2.7.2 Canada Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.2.7.3 Canada Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.2.8 Mexico

10.2.8.1 Mexico Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.2.8.2 Mexico Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.2.8.3 Mexico Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.3 Europe

10.3.1 Eastern Europe

10.3.1.1 Trends Analysis

10.3.1.2 Eastern Europe Industrial Lighting Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.3.1.3 Eastern Europe Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion) 

10.3.1.4 Eastern Europe Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.3.1.5 Eastern Europe Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.3.1.6 Poland

10.3.1.6.1 Poland Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.3.1.6.2 Poland Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.3.1.6.3 Poland Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.3.1.7 Romania

10.3.1.7.1 Romania Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.3.1.7.2 Romania Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.3.1.7.3 Romania Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.3.1.8 Hungary

10.3.1.8.1 Hungary Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.3.1.8.2 Hungary Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.3.1.8.3 Hungary Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.3.1.9 Turkey

10.3.1.9.1 Turkey Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.3.1.9.2 Turkey Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.3.1.9.3 Turkey Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.3.1.10 Rest of Eastern Europe

10.3.1.10.1 Rest of Eastern Europe Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.3.1.10.2 Rest of Eastern Europe Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.3.1.10.3 Rest of Eastern Europe Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.3.2 Western Europe

10.3.2.1 Trends Analysis

10.3.2.2 Western Europe Industrial Lighting Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.3.2.3 Western Europe Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion) 

10.3.2.4 Western Europe Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.3.2.5 Western Europe Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.3.2.6 Germany

10.3.2.6.1 Germany Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.3.2.6.2 Germany Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.3.2.6.3 Germany Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.3.2.7 France

10.3.2.7.1 France Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.3.2.7.2 France Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.3.2.7.3 France Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.3.2.8 UK

10.3.2.8.1 UK Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.3.2.8.2 UK Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.3.2.8.3 UK Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.3.2.9 Italy

10.3.2.9.1 Italy Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.3.2.9.2 Italy Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.3.2.9.3 Italy Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.3.2.10 Spain

10.3.2.10.1 Spain Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.3.2.10.2 Spain Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.3.2.10.3 Spain Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.3.2.11 Netherlands

10.3.2.11.1 Netherlands Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.3.2.11.2 Netherlands Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.3.2.11.3 Netherlands Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.3.2.12 Switzerland

10.3.2.12.1 Switzerland Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.3.2.12.2 Switzerland Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.3.2.12.3 Switzerland Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.3.2.13 Austria

10.3.2.13.1 Austria Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.3.2.13.2 Austria Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.3.2.13.3 Austria Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.3.2.14 Rest of Western Europe

10.3.2.14.1 Rest of Western Europe Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.3.2.14.2 Rest of Western Europe Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.3.2.14.3 Rest of Western Europe Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.4 Asia-Pacific

10.4.1 Trends Analysis

10.4.2 Asia-Pacific Industrial Lighting Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.4.3 Asia-Pacific Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion) 

10.4.4 Asia-Pacific Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.4.5 Asia-Pacific Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.4.6 China

10.4.6.1 China Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.4.6.2 China Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.4.6.3 China Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.4.7 India

10.4.7.1 India Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.4.7.2 India Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.4.7.3 India Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.4.8 Japan

10.4.8.1 Japan Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.4.8.2 Japan Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.4.8.3 Japan Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.4.9 South Korea

10.4.9.1 South Korea Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.4.9.2 South Korea Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.4.9.3 South Korea Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.4.10 Vietnam

10.4.10.1 Vietnam Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.4.10.2 Vietnam Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.4.10.3 Vietnam Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.4.11 Singapore

10.4.11.1 Singapore Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.4.11.2 Singapore Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.4.11.3 Singapore Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.4.12 Australia

10.4.12.1 Australia Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.4.12.2 Australia Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.4.12.3 Australia Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.4.13 Rest of Asia-Pacific

10.4.13.1 Rest of Asia-Pacific Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.4.13.2 Rest of Asia-Pacific Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.4.13.3 Rest of Asia-Pacific Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.5 Middle East and Africa

10.5.1 Middle East

10.5.1.1 Trends Analysis

10.5.1.2 Middle East Industrial Lighting Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.5.1.3 Middle East Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion) 

10.5.1.4 Middle East Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.5.1.5 Middle East Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.5.1.6 UAE

10.5.1.6.1 UAE Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.5.1.6.2 UAE Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.5.1.6.3 UAE Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.5.1.7 Egypt

10.5.1.7.1 Egypt Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.5.1.7.2 Egypt Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.5.1.7.3 Egypt Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.5.1.8 Saudi Arabia

10.5.1.8.1 Saudi Arabia Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.5.1.8.2 Saudi Arabia Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.5.1.8.3 Saudi Arabia Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.5.1.9 Qatar

10.5.1.9.1 Qatar Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.5.1.9.2 Qatar Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.5.1.9.3 Qatar Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.5.1.10 Rest of Middle East

10.5.1.10.1 Rest of Middle East Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.5.1.10.2 Rest of Middle East Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.5.1.10.3 Rest of Middle East Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.5.2 Africa

10.5.2.1 Trends Analysis

10.5.2.2 Africa Industrial Lighting Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.5.2.3 Africa Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion) 

10.5.2.4 Africa Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.5.2.5 Africa Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.5.2.6 South Africa

10.5.2.6.1 South Africa Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.5.2.6.2 South Africa Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.5.2.6.3 South Africa Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.5.2.7 Nigeria

10.5.2.7.1 Nigeria Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.5.2.7.2 Nigeria Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.5.2.7.3 Nigeria Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.5.2.8 Rest of Africa

10.5.2.8.1 Rest of Africa Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.5.2.8.2 Rest of Africa Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.5.2.8.3 Rest of Africa Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.6 Latin America

10.6.1 Trends Analysis

10.6.2 Latin America Industrial Lighting Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.6.3 Latin America Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion) 

10.6.4 Latin America Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.6.5 Latin America Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.6.6 Brazil

10.6.6.1 Brazil Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.6.6.2 Brazil Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.6.6.3 Brazil Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.6.7 Argentina

10.6.7.1 Argentina Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.6.7.2 Argentina Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.6.7.3 Argentina Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.6.8 Colombia

10.6.8.1 Colombia Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.6.8.2 Colombia Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.6.8.3 Colombia Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

10.6.9 Rest of Latin America

10.6.9.1 Rest of Latin America Industrial Lighting Market Estimates and Forecasts, by Light Source Type  (2020-2032) (USD Billion)

10.6.9.2 Rest of Latin America Industrial Lighting Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

10.6.9.3 Rest of Latin America Industrial Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

11. Company Profiles

11.1 Philips Lighting Holding B.V.

11.1.1 Company Overview

11.1.2 Financial

11.1.3 Products/ Services Offered

11.1.4 SWOT Analysis

11.2 Hubbell Lighting, Inc.

11.2.1 Company Overview

11.2.2 Financial

11.2.3 Products/ Services Offered

11.2.4 SWOT Analysis

11.3 Emerson Electric

11.3.1 Company Overview

11.3.2 Financial

11.3.3 Products/ Services Offered

11.3.4 SWOT Analysis

11.4 Legrand

11.4.1 Company Overview

11.4.2 Financial

11.4.3 Products/ Services Offered

11.4.4 SWOT Analysis

11.5 Acuity Brands Lighting Inc.

11.5.1 Company Overview

11.5.2 Financial

11.5.3 Products/ Services Offered

11.5.4 SWOT Analysis

11.6 TOYODA GOSEI Co., Ltd

11.6.1 Company Overview

11.6.2 Financial

11.6.3 Products/ Services Offered

11.6.4 SWOT Analysis

11.7 Cree, Inc.

11.7.1 Company Overview

11.7.2 Financial

11.7.3 Products/ Services Offered

11.7.4 SWOT Analysis

11.8 General Electric

11.8.1 Company Overview

11.8.2 Financial

11.8.3 Products/ Services Offered

11.8.4 SWOT Analysis

11.9 Osram Licht AG

11.9.1 Company Overview

11.9.2 Financial

11.9.3 Products/ Services Offered

11.9.4 SWOT Analysis

11.10 Zumtobel Group

11.10.1 Company Overview

11.10.2 Financial

11.10.3 Products/ Services Offered

11.10.4 SWOT Analysis

12. Use Cases and Best Practices

13. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

Key Segments:

By Light Source Type

  • LED

  • Fluorescent

  • High-Intensity Discharge

  • Incandescent

By Product

  • Industrial Wall Lights

  • Vintage Industrial Lighting

  • Industrial Look Lighting

  • Industrial Hanging Light

  • Task Lighting

  • Accent Lighting

By Application

  • Hotels & Restaurants

  • Factory & Production Lines

  • Hazardous Locations

  • Parking Areas

  • Outer Premises

  • Warehouse

  • Others

Request for Segment Customization as per your Business Requirement: Segment Customization Request

Regional Coverage:

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

Request for Country Level Research Report: Country Level Customization Request

Available Customization

With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:

  • Detailed Volume Analysis

  • Criss-Cross segment analysis (e.g. Product X Application)

  • Competitive Product Benchmarking

  • Geographic Analysis

  • Additional countries in any of the regions

  • Customized Data Representation

  • Detailed analysis and profiling of additional market players

 

 


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