Global Industrial Lighting Market 2024-2028

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	178 Pages	TechNavio	November, 2023	INF18379453

Best Price Guarantee
Price	from $2,500
Length	178 Pages
Publisher	TechNavio
Published Date	November, 2023
SKU	INF18379453

Industrial Lighting Market 2024-2028

The industrial lighting market is forecasted to grow by USD 3.25 bn during 2023-2028, accelerating at a CAGR of 6.43% during the forecast period. The report on the industrial lighting market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by a rise in the adoption of energy-efficient lighting technologies, increasing modernization and infrastructural development, and increasing government initiatives to adopt energy-efficient lighting in the industrial sector.

Technavio's industrial lighting market is segmented as below:

By Type

LED technology
Traditional technology

By Application

New installation
Replacement installation
Retrofit installation

By Geographical Landscape

APAC
Europe
North America
South America
Middle East and Africa

This study identifies the ongoing advancements in lighting technologies in the industrial sector as one of the prime reasons driving the industrial lighting market growth during the next few years. Also, the rise in popularity of wireless data transfer leads and the rise in strategic partnerships and recent developments will lead to sizable demand in the market.

The report on the industrial lighting market covers the following areas:

Industrial lighting market sizing
Industrial lighting market forecast
Industrial lighting market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial lighting market vendors that include Acuity Brands Inc., ams OSRAM AG, Bajaj Electricals Ltd., Dialight Plc, Eaton Corp. Plc, Emerson Electric Co., Fagerhult Group, General Electric Co., Glamox Group, Hubbell Inc., Iwasaki Electric Co. Ltd., Legrand SA, Mulinsen Co. Ltd., Panasonic Holdings Corp., RAB lighting Inc., Signify NV, TRILUX GmbH and Co. KG, Wipro Ltd., Wolfspeed Inc., and Zumtobel Group AG. Also, the industrial lighting market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary - Chart on Market Overview
  - Table Executive Summary - Data Table on Market Overview
  - Table Executive Summary - Chart on Global Market Characteristics
  - Table Executive Summary - Chart on Market by Geography
  - Table Executive Summary - Chart on Market Segmentation by Type
  - Table Executive Summary - Chart on Market Segmentation by Application
  - Table Executive Summary - Chart on Incremental Growth
  - Table Executive Summary - Data Table on Incremental Growth
  - Table Executive Summary - Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2023
- Market outlook: Forecast for 2023-2028
  - Table Chart on Global - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
  - Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Historic Market Size
- Global industrial lighting market 2018 - 2022
  - Table Historic Market Size - Data table on global industrial lighting market 2018 - 2022 ($ million)
- Type Segment Analysis 2018 - 2022
  - Table Historic Market Size - Type Segment 2018 - 2022 ($ million)
- Application Segment Analysis 2018 - 2022
  - Table Historic Market Size - Application Segment 2018 - 2022 ($ million)
- Geography Segment Analysis 2018 - 2022
  - Table Historic Market Size - Geography Segment 2018 - 2022 ($ million)
- Country Segment Analysis 2018 - 2022
  - Table Historic Market Size - Country Segment 2018 - 2022 ($ million)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2023 and 2028
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
- Bargaining power of suppliers
  - Table Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- Threat of new entrants
  - Table Threat of new entrants - Impact of key factors in 2023 and 2028
- Threat of substitutes
  - Table Threat of substitutes - Impact of key factors in 2023 and 2028
- Threat of rivalry
  - Table Threat of rivalry - Impact of key factors in 2023 and 2028
- Market condition
  - Table Chart on Market condition - Five forces 2023 and 2028
Market Segmentation by Type
- Market segments
  - Table Chart on Type - Market share 2023-2028 (%)
  - Table Data Table on Type - Market share 2023-2028 (%)
- Comparison by Type
  - Table Chart on Comparison by Type
  - Table Data Table on Comparison by Type
- LED technology - Market size and forecast 2023-2028
  - Table Chart on LED technology - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on LED technology - Market size and forecast 2023-2028 ($ million)
  - Table Chart on LED technology - Year-over-year growth 2023-2028 (%)
  - Table Data Table on LED technology - Year-over-year growth 2023-2028 (%)
- Traditional technology - Market size and forecast 2023- 2028
  - Table Chart on Traditional technology - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Traditional technology - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Traditional technology - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Traditional technology - Year-over-year growth 2023-2028 (%)
- Market opportunity by Type
  - Table Market opportunity by Type ($ million)
  - Table Data Table on Market opportunity by Type ($ million)
Market Segmentation by Application
- Market segments
  - Table Chart on Application - Market share 2023-2028 (%)
  - Table Data Table on Application - Market share 2023-2028 (%)
- Comparison by Application
  - Table Chart on Comparison by Application
  - Table Data Table on Comparison by Application
- New installation - Market size and forecast 2023-2028
  - Table Chart on New installation - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on New installation - Market size and forecast 2023-2028 ($ million)
  - Table Chart on New installation - Year-over-year growth 2023-2028 (%)
  - Table Data Table on New installation - Year-over-year growth 2023-2028 (%)
- Replacement installation - Market size and forecast 2023-2028
  - Table Chart on Replacement installation - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Replacement installation - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Replacement installation - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Replacement installation - Year-over-year growth 2023-2028 (%)
- Retrofit installation - Market size and forecast 2023-2028
  - Table Chart on Retrofit installation - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Retrofit installation - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Retrofit installation - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Retrofit installation - Year-over-year growth 2023-2028 (%)
- Market opportunity by Application
  - Table Market opportunity by Application ($ million)
  - Table Data Table on Market opportunity by Application ($ million)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Geographic Landscape
- Geographic segmentation
  - Table Chart on Market share by geography 2023-2028 (%)
  - Table Data Table on Market share by geography 2023-2028 (%)
- Geographic comparison
  - Table Chart on Geographic comparison
  - Table Data Table on Geographic comparison
- APAC - Market size and forecast 2023-2028
  - Table Chart on APAC - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
  - Table Chart on APAC - Year-over-year growth 2023-2028 (%)
  - Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
- Europe - Market size and forecast 2023-2028
  - Table Chart on Europe - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Europe - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
- North America - Market size and forecast 2023-2028
  - Table Chart on North America - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
  - Table Chart on North America - Year-over-year growth 2023-2028 (%)
  - Table Data Table on North America - Year-over-year growth 2023-2028 (%)
- South America - Market size and forecast 2023-2028
  - Table Chart on South America - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
  - Table Chart on South America - Year-over-year growth 2023-2028 (%)
  - Table Data Table on South America - Year-over-year growth 2023-2028 (%)
- Middle East and Africa - Market size and forecast 2023- 2028
  - Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- China - Market size and forecast 2023-2028
  - Table Chart on China - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on China - Market size and forecast 2023-2028 ($ million)
  - Table Chart on China - Year-over-year growth 2023-2028 (%)
  - Table Data Table on China - Year-over-year growth 2023-2028 (%)
- US - Market size and forecast 2023-2028
  - Table Chart on US - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on US - Market size and forecast 2023-2028 ($ million)
  - Table Chart on US - Year-over-year growth 2023-2028 (%)
  - Table Data Table on US - Year-over-year growth 2023-2028 (%)
- Japan - Market size and forecast 2023-2028
  - Table Chart on Japan - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Japan - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Japan - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Japan - Year-over-year growth 2023-2028 (%)
- Germany - Market size and forecast 2023-2028
  - Table Chart on Germany - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Germany - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
- UK - Market size and forecast 2023-2028
  - Table Chart on UK - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on UK - Market size and forecast 2023-2028 ($ million)
  - Table Chart on UK - Year-over-year growth 2023-2028 (%)
  - Table Data Table on UK - Year-over-year growth 2023-2028 (%)
- Market opportunity by geography
  - Table Market opportunity by geography ($ million)
  - Table Data Tables on Market opportunity by geography ($ million)
Drivers, Challenges, and Trends
- Market drivers
  - Rise in adoption of energy-efficient lighting technologies
  - Increasing modernization and infrastructural development
  - Increasing government initiatives to adopt energy-efficient lighting in industrial sector
- Market challenges
  - High initial cost for industrial lighting solutions
  - Rise in adoption of counterfeit products
  - Sustainability issue in lighting industry
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2023 and 2028
- Market trends
  - Ongoing advancements in lighting technologies in industrial sector
  - Rise in popularity of wireless data transfer LEDs
  - Rising in strategic partnerships and recent developments
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- Acuity Brands Inc.
  - Table Acuity Brands Inc. - Overview
  - Table Acuity Brands Inc. - Business segments
  - Table Acuity Brands Inc. - Key news
  - Table Acuity Brands Inc. - Key offerings
  - Table Acuity Brands Inc. - Segment focus
- ams OSRAM AG
  - Table ams OSRAM AG - Overview
  - Table ams OSRAM AG - Business segments
  - Table ams OSRAM AG - Key offerings
  - Table ams OSRAM AG - Segment focus
- Bajaj Electricals Ltd.
  - Table Bajaj Electricals Ltd. - Overview
  - Table Bajaj Electricals Ltd. - Business segments
  - Table Bajaj Electricals Ltd. - Key news
  - Table Bajaj Electricals Ltd. - Key offerings
  - Table Bajaj Electricals Ltd. - Segment focus
- Dialight Plc
  - Table Dialight Plc - Overview
  - Table Dialight Plc - Business segments
  - Table Dialight Plc - Key offerings
  - Table Dialight Plc - Segment focus
- Eaton Corp. Plc
  - Table Eaton Corp. Plc - Overview
  - Table Eaton Corp. Plc - Business segments
  - Table Eaton Corp. Plc - Key news
  - Table Eaton Corp. Plc - Key offerings
  - Table Eaton Corp. Plc - Segment focus
- Emerson Electric Co.
  - Table Emerson Electric Co. - Overview
  - Table Emerson Electric Co. - Business segments
  - Table Emerson Electric Co. - Key news
  - Table Emerson Electric Co. - Key offerings
  - Table Emerson Electric Co. - Segment focus
- General Electric Co.
  - Table General Electric Co. - Overview
  - Table General Electric Co. - Business segments
  - Table General Electric Co. - Key news
  - Table General Electric Co. - Key offerings
  - Table General Electric Co. - Segment focus
- Hubbell Inc.
  - Table Hubbell Inc. - Overview
  - Table Hubbell Inc. - Business segments
  - Table Hubbell Inc. - Key offerings
  - Table Hubbell Inc. - Segment focus
- Legrand SA
  - Table Legrand SA - Overview
  - Table Legrand SA - Business segments
  - Table Legrand SA - Key offerings
  - Table Legrand SA - Segment focus
- Panasonic Holdings Corp.
  - Table Panasonic Holdings Corp. - Overview
  - Table Panasonic Holdings Corp. - Business segments
  - Table Panasonic Holdings Corp. - Key news
  - Table Panasonic Holdings Corp. - Key offerings
  - Table Panasonic Holdings Corp. - Segment focus
- RAB lighting Inc.
  - Table RAB lighting Inc. - Overview
  - Table RAB lighting Inc. - Product / Service
  - Table RAB lighting Inc. - Key offerings
- Signify NV
  - Table Signify NV - Overview
  - Table Signify NV - Business segments
  - Table Signify NV - Key news
  - Table Signify NV - Key offerings
  - Table Signify NV - Segment focus
- Wipro Ltd.
  - Table Wipro Ltd. - Overview
  - Table Wipro Ltd. - Business segments
  - Table Wipro Ltd. - Key news
  - Table Wipro Ltd. - Key offerings
  - Table Wipro Ltd. - Segment focus
- Wolfspeed Inc.
  - Table Wolfspeed Inc. - Overview
  - Table Wolfspeed Inc. - Business segments
  - Table Wolfspeed Inc. - Key offerings
  - Table Wolfspeed Inc. - Segment focus
- Zumtobel Group AG
  - Table Zumtobel Group AG - Overview
  - Table Zumtobel Group AG - Business segments
  - Table Zumtobel Group AG - Key offerings
  - Table Zumtobel Group AG - Segment focus
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations