Press release
“Industrial Lighting Market Industry Trends and Forecast” with Increasing CAGR of +8.2% | Top Key Players like Legrand, Ushio America, Inc., Eaton, The Lumenpulse Group, Dialight, Fulham Co., Inc., GE, Schneider Electric, Philips Lighting, Emerson
The global industrial lighting market accounted for USD 7.7 billion in 2016 growing at a CAGR of 8.2% during the forecast period of 2017 to 2024.
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Global Industrial Lighting Market, By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa), By Light Source (LED Lighting, High Intensity Discharge (HID) Lighting, Fluorescent Lighting); By Offering (Lamps & Luminaires, Control Systems, Services) By Installation Type (New Installation, Replacement Installation, Retrofit Installation), By Product (Industrial Linear Lighting, Spot Lighting, Flood Lighting/Area Lighting, High Bay Lighting), By Application (Warehouse & Cold Storage, Factory & Production Lines, Outer Premises, Parking Areas, Hazardous Locations) – Industry Trends and Forecast to 2024
Complete report on Global Industrial Lighting Market Research Report 2017-2024 spread across 350 Pages, profiling Top companies and supports with tables and figures
Market Definition: Global Industrial Lighting Market
Industrial lighting is used to maintain adequate illumination to enhance visibility and inmprove the productivity in the application areas which include warehouse & cold storage, factory & production lines, outer premises, parking areas, and hazardous locations. The key market drivers include rising penetration of LEDs due to their low costs, high durability of LEDs, and low energy consumption.
Top Key Players:
• Emerson, Philips Lighting Holding B.V.
• General Electric
• Schneider Electric
• Acuity Brands Lighting, Inc.
• Hubbell Incorporated
• Legrand
• Ushio America, Inc
• Litetronics International, Inc.
• Cree, Inc.
• Lg Innotek
• Osram Licht Ag
• Leviton Manufacturing Co., Inc.
• Zumtobel Group Ag
• Eaton
• Dialight
• Advanced Lighting Technologies, Inc.
• Aixtron Se
• LED Engin, Inc
• Lumenpulse Group
• TOYODA GOSEI Co., Ltd.
• the Luma Group, Inc.
• Digital Lumens, Inc.
• Fulham Co., Inc.
• LED Lighting Systems
• among others.
Major Market Drivers:
• Rising Penetration of LEDs due to their low costs
• High durability of LEDs
• Low Energy Consumption
• Increasing infrastructural development
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Reasons to Purchase this Report
• Current and future of global healthcare analytics market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players
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Customize report of "Global Industrial Lighting Market" as per customers requirement also available.
Market Segmentations:
Global Industrial Lighting Market is segmented on the basis of
• Light Source
• Offering
• Installation Type
• Product
• Application
• Geography
Market Segmentations in Details:
On the basis of Light Source into LED lighting, high intensity discharge (HID) lighting, and fluorescent lighting.
On the basis of Offering into lamps & luminaires, control systems, services.
On the basis of Installation Type the global industrial lighting market is further segmented into new installation, replacement installation, and retrofit installation.
On the basis of Product into industrial linear lighting, spot lighting, flood lighting/area lighting, high bay lighting.
On the basis of Application the global industrial lighting market is further segmented into warehouse & cold storage, factory & production lines, outer premises, parking areas, hazardous locations.
On the basis of Geography,
• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa
Company Share Analysis: Global Industrial Lighting Market
The report for industrial lighting market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
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