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THE GLOBAL CUSTOMER JOURNEY ANALYTICS MARKET WAS VALUED AT USD 4.32 BILLION IN 2016 AND IS PROJECTED TO REACH USD 6.58 BILLION BY 2025, GROWING AT A CAGR OF 4.79% FROM 2017 TO 2025 TOP KEY PLAYERS ARE PHILIPS LIGHTING HOLDING B.V. , CREE, INC. , EMERSON ,

02-12-2019 09:03 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Kenneth Research

THE GLOBAL CUSTOMER JOURNEY ANALYTICS MARKET WAS VALUED AT USD

By Product (Area Lighting, High Bay Lighting, Industrial Linear Lighting, Spot Lighting), Offering (Control Systems, Services, Lamps & Luminaires), Light Source (High Intensity Discharge Lighting, Fluorescent Lighting, LED Lighting), Installation Type (Replacement Installation, Retrofit Installation, New Installation), Application (Parking Areas, Hazardous Locations, Warehouse & Cold Storage, Factory & Production Lines, Outer Premises), and Regional Market Size, Status and Forecast to 2025The Global Industrial Lighting Market was valued at USD 13.32 billion in 2016 and is projected to reach USD 26.47 billion by 2025, growing at a CAGR of 7.93% from 2017 to 2025. Industrial lighting is a lighting system that is specifically designed for manufacturing facilities that require high illumination and energy efficiency at the same time. Industrial lighting can be used in various fields such as manufacturing floor, production floor, cold storage, outdoor, offices, task lighting, racks and loading dock. Benefits of Industrial lighting includes - easy retrofitting, improved efficiency, reduced maintenance, better durability, even coverage, unmatched controllability, improved light quality, and healthier environment, safety.

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Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Increasing use of LEDs in wireless data transfer
1.2 Evolution of wireless control platforms for LEDs
1.3 High durability of LED lights for industrial usage
1.4 Reduced price of LED drives this market
1.5 Low Energy Consumption By LEDs
2. Market Restraints
2.1 Poor standardization
2.2 Costly equipments and implementation
2.3 Low profit margin of LED lighting products

Market Segmentation:
The Global Industrial Lighting Market is segmented on the product, offering, light source, installation type, application, and region.

1. Product:
1.1 Area Lighting
1.2 High Bay Lighting
1.3 Industrial Linear Lighting
1.4 Spot Lighting

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2. By Offering:
2.1 Control Systems
2.2 Services
2.3 Lamps & Luminaires

3. By Light Source:
3.1 High Intensity Discharge Lighting
3.2 Fluorescent Lighting
3.3 LED Lighting

4. By Installation Type:
4.1 Replacement Installation
4.2 Retrofit Installation
4.3 New Installation

5. By Application:
5.1 Parking Areas
5.2 Hazardous Locations
5.3 Warehouse & Cold Storage
5.4 Factory & Production Lines
5.5 Outer Premises

6. By Region:
6.1 North America (U.S., Canada, Mexico)
6.2 Europe (Germany, UK, France, Rest of Europe)
6.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
6.4 Latin America (Brazil, Argentina, Rest of Latin America)
6.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Osram Licht AG
2. Philips Lighting Holding B.V.
3. Cree, Inc.
4. Emerson
5. Hubbell Lighting, Inc.
6. General Electric Co.
7. Legrand
8. Zumtobel Group AG
9. TOYODA GOSEI Co., Ltd.
10. Acuity Brands Lighting, Inc.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Read More- https://www.kennethresearch.com/report-details/global-industrial-lighting-market-/10059759

About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

Contact Us

1412 Broadway,
21st Floor Suite MA111,
New York, NY 10018

Name:David
Email:sales@kennethresearch.com
Phone: +1 313 462 0609

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