Industrial and Commercial LED Lighting Market Size, Share, Trends, Industry Analysis Report: By Product (Lamps and Luminaires), Application, End Use, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Foreca

The global industrial and commercial LED lighting market size is expected treach USD 148.90 billion by 2034, according ta new study by Polaris Market Research. The report “Industrial and Commercial LED Lighting Market Size, Share, Trends, Industry Analysis Report: By Product (Lamps and Luminaires), Application, End Use, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight intcurrent market dynamics and provides analysis on future market growth.

Industrial and commercial LED lighting refers tlighting systems that are specifically designed for use in industrial and commercial settings. These lighting systems differ from conventional lighting in terms of brightness, design purpose, brightness, and cost. High bay LED lighting, floodlights, and industrial outdoor LED solar lighting are a few common types of LED lighting systems for industrial and commercial use.

The rising construction of new structures and growing consumer awareness of energy-efficient lighting systems are among the key factors driving the industrial and commercial LED lighting market growth. The higher efficiency of LED lights, declining LED prices, and stringent standards for energy efficiency are other factors contributing tthe market development.

A significant increase in infrastructure development and the implementation of smart cities are among the major market trends anticipated tdrive the industrial and commercial LED lighting market expansion in the coming years. Rising demand for LED systems from developing economies, along with ongoing innovations in LED technology, is projected tprovide lucrative market opportunities during the forecast period.

Key Highlights of Industrial and Commercial LED Lighting Market

Based on product, the luminaires segment dominated the industrial and commercial LED lighting market with a larger revenue share of 60.7% in 2024. The high energy efficiency, performance, and reliability of luminaires are driving their increased demand in the industrial and commercial sectors.

Based on application, the indoor segment led the industrial and commercial LED lighting market share in 2024. The reduced energy and increased electricity savings of indoor LED systems make them a viable option for businesses seeking tlower operational expenses.

Asia Pacific accounted for the largest market revenue share in 2024. Governments and private developers in the region are increasingly investing in LED lighting solutions owing ttheir high energy efficiency, reduced maintenance costs, and long lifespan.

Latin America is projected twitness the highest CAGR from 2025 t2034. Businesses across Latin America are increasingly adopting LED lighting solutions that support corporate sustainability goals and help them meet environmental regulations.

A few of the key players in the market are AIXTRON; Advanced Lighting Technologies, LLC; DialightEaton; Emerson Electric Co.; Eaton; OSRAM SYLVANIA Inc; TOYODA GOSEI Co., Ltd.; Zumtobel Group; Signify Holding; and SiteWorx Software.

Polaris Market Research has segmented the industrial and commercial LED lighting market report on the basis of product, application, end use, and region:

By Product Outlook (Revenue – USD Billion, 2020–2034)

Lamps

Luminaires

By Application Outlook (Revenue – USD Billion, 2020–2034)

Indoor

Outdoor

By End Use Outlook (Revenue – USD Billion, 2020–2034)

Industrial

Commercial

By Regional Outlook (Revenue – USD Billion, 2020–2034)

North America

US

Canada

Europe

Germany

France

UK

Italy

Spain

Netherlands

Russia

Rest of Europe

Asia Pacific

China

Japan

India

Malaysia

South Korea

Indonesia

Australia

Rest of Asia Pacific

Middle East & Africa

Saudi Arabia

UAE

Israel

South Africa

Rest of the Middle East & Africa

Latin America

Mexico

Brazil

Argentina

Rest of Latin America