Global Industrial Lighting Equipment Market Growth 2023-2029

Global Industrial Lighting Equipment Market Growth 2023-2029

LPI (LP Information)' newest research report, the “Industrial Lighting Equipment Industry Forecast” looks at past sales and reviews total world Industrial Lighting Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Lighting Equipment sales for 2023 through 2029. With Industrial Lighting Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Lighting Equipment industry.

This Insight Report provides a comprehensive analysis of the global Industrial Lighting Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Lighting Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Industrial Lighting Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Lighting Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Lighting Equipment.

The global Industrial Lighting Equipment market size is projected to grow from US$ 9661.5 million in 2022 to US$ 14520 million in 2029; it is expected to grow at a CAGR of 14520 from 2023 to 2029.

United States market for Industrial Lighting Equipment is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Industrial Lighting Equipment is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Industrial Lighting Equipment is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Industrial Lighting Equipment players cover Philips (Netherlands), Hubbell Lighting, Inc. (US), Emerson (US), Legrand (France), Acuity Brands Lighting, Inc. (US), Toyoda Gosei Co., Ltd. (Japan), Cree, Inc. (US), General Electric (US) and Osram Licht AG (Germany), etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Lighting Equipment market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
LED Lighting
High Intensity Discharge (HID) Lighting
Fluorescent Lighting
Others

Segmentation by application
Warehouse & Cold Storage
Factory & Production Lines
Outer Premises
Parking Areas
Hazardous Locations
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Philips (Netherlands)
Hubbell Lighting, Inc. (US)
Emerson (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)
Digital Lumens (US)
Fulham Co., Inc (US)
LED Engin, Inc (US)

Key Questions Addressed in this Report

What is the 10-year outlook for the global Industrial Lighting Equipment market?

What factors are driving Industrial Lighting Equipment market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Industrial Lighting Equipment market opportunities vary by end market size?

How does Industrial Lighting Equipment break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.