Industrial and Commercial LED Lighting Market, By End User (Industrial, Commercial, Outdoor, Architectural), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Commercial LED lighting is big business and very competitive industry. This type of commercial lighting works by using special lights to create general illumination in large spaces or indoor areas such as walkways, hallways, office cubicles, or even the outdoor deck. If used indoors, it can help increase security by making sure that everyone can see each other when walking through the hallways or the common areas in the office building. The cost of the lights is quite low as well. Some of the benefits of Commercial LED Lighting include improved safety, security, and convenience for employees and clients alike. One benefit that is particularly appreciated by warehouse and office buildings is the reduction of accidents within the workplace. In addition, this type of lighting can help improve the productivity level and efficiency in the workplace as it creates a safer environment for everyone.
Market Dynamics:
Rapid urbanization and economic growth are expected to boost the global industrial and commercial LED lighting market growth over the forecast period. According to the United Nations (UN), by 2050, around 68% of the global population is expected to live in urban areas, adding another 2.5 billion people to urban areas. According to the same source, the global urban population is growing rapidly from 751 million in 1950 to 4.2 billion in 2018. This, in turn, has increased the demand for more commercial and industrial spaces.
Furthermore, growing focus on energy saving is expected to accelerate growth of the global industrial and commercial LED lighting market in the near future.
Key features of the study:
This report provides an in-depth analysis of the global human machine interface market and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global human machine interface market based on the following parameters– regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered in the global human machine interface market are ABB Ltd., General Electric Company, Advantech Co., Ltd., Emerson Electric Corporation, Atmel Corporation, Eaton Corporation, American Industrial Systems, Inc., BARTEC Top Holding GmbH, and Beijer Electronics, Inc.
The market players are focusing on strategic collaborations to innovate and launch new products to meet the increasing needs and requirements of consumers
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
Global human machine interface market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global human machine interface market
Detailed Segmentation:
Global Industrial and Commercial LED Lighting Market, By End User:
Industrial
Commercial
Outdoor
Architectural
Global Industrial and Commercial LED Lighting Market, By Region:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Company Profiles
Toshiba Corporation*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Digital Lumens, Inc.
GE Lighting Solutions
Koninklijke Philips Electronics N.V.3
Osram Licht AG
Cooper Industries plc
Cree, Inc.
Dialight plc
*Browse all the market data tables and figures on “Global Industrial and Commercial LED Market- Forecast to 2030”
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By End User
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
High efficiency and durability of LED light are expected to drive growth
Government regulations are expected to boost the market
Restraints
Significant dominance of fluorescent lamps is expected to restrain growth Opportunities
Opportunities
LED technology to dominate the publication trend compared to fluorescent technology
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New system Launch/Approvals
4. Global Industrial and Commercial LED Lighting Market, By End User, 2017-2030 (US$ Million)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Segment Trends
Industrial
Introduction
Market Size and Forecast, 2023–2030, (US$ Million)
Commercial
Introduction
Market Size and Forecast, 2023–2030, (US$ Million)
Outdoor
Introduction
Market Size and Forecast, 2023–2030, (US$ Million)
Architectural
Introduction
Market Size and Forecast, 2023–2030, (US$ Million)
5. Global Industrial and Commercial LED Lighting Market, By Region, 2017-2030 (US$ Million)
Introduction
Market Share Analysis, By Region, 2023 and 2030 (%)
North America
Regional Trends
Market Size and Forecast, By End User, 2017–2030 (US$ Million)
Market Share Analysis, By Country, 2023 and 2030 (%)
U.S.
Canada
Western Europe
Regional Trends
Market Size and Forecast, By End User, 2017–2030 (US$ Million)
Market Share Analysis, By Country, 2023 and 2030 (%)
U.K.
Germany
Italy
France
Rest of Europe
Eastern Europe
Regional Trends
Market Size and Forecast, By End User, 2023–2030 (US$ Million)
Market Share Analysis, By Country, 2023 and 2030 (%)
Poland
Russia
Rest of Eastern Europe
Asia Pacific
Regional Trends
Market Size and Forecast, By End User, 2017–2030 (US$ Million)
Market Share Analysis, By Country, 2023 and 2030 (%)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
Regional Trends
Market Size and Forecast, By End User, 2017–2030 (US$ Million)
Market Share Analysis, By Country, 2023 and 2030 (%)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East and Africa
Regional Trends
Market Size and Forecast, By End User, 2017–2030 (US$ Million)
Market Share Analysis, By Country, 2023 and 2030 (%)
GCC Countries
South Africa
Rest of the Middle East and Africa
6. Competitive Landscape
Company Profiles
Toshiba Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Digital Lumens, Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
GE Lighting Solutions
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Koninklijke Philips Electronics N.V.3
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Osram Licht AG
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Cooper Industries plc
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Cree, Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Dialight plc
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
7. Section
References
Research Methodology
About us and Sales Contact
*Browse XX market data tables and XX figures on “Global Industrial and Commercial LED Lighting Market-forecast to 2030”.