Global Industrial Lighting Market 2022-2028

Global Industrial Lighting Market 2022-2028

The global industrial lighting market is likely to register a CAGR of over 5.1% with an incremental growth of USD 2.1 billion during the forecast period 2022-2028.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global industrial lighting market. It traces the market’s historic and forecast market growth. The report identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches. This study also provides an analysis of the impact of the COVID-19 crisis on the industrial lighting industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the light source, product, end user, and region. The global market for industrial lighting can be segmented by light source: LED, high-intensity discharge (HID) lighting, fluorescent lighting. The fluorescent lighting segment captured the largest share of the market in 2021. Industrial lighting market is further segmented by product: high and low bay lighting, flood and area lighting. The high and low bay lighting segment held the largest share of the global industrial lighting market in 2021 and is anticipated to hold its share during the forecast period. Based on end user, the industrial lighting market is segmented into: oil and gas, mining, pharmaceutical, manufacturing, warehouse, others. In 2021, the oil and gas segment made up the largest share of revenue generated by the industrial lighting market. On the basis of region, the industrial lighting market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Among these, Asia-Pacific was accounted for the highest revenue generator in 2021.

Market Segmentation

By light source: LED, high-intensity discharge (HID) lighting, fluorescent lighting

By product: high and low bay lighting, flood and area lighting

By end user: oil and gas, mining, pharmaceutical, manufacturing, warehouse, others

By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The report also provides a detailed analysis of several leading industrial lighting market vendors that include ABB Limited, Acuity Brands Inc., Dialight plc, Eaton Corporation plc, Emerson Electric Co., Hubbell Incorporated, Legrand SA, Osram Licht AG, Wolfspeed, Inc., Zumtobel Group AG, among others.

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Historical & Forecast Period

This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report

• To analyze and forecast the market size of the global industrial lighting market.
• To classify and forecast the global industrial lighting market based on light source, product, end user, region.
• To identify drivers and challenges for the global industrial lighting market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global industrial lighting market.
• To identify and analyze the profile of leading players operating in the global industrial lighting market.

• Gain a reliable outlook of the global industrial lighting market forecasts from 2022 to 2028 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.