Press release
Industrial and Commercial LED Lighting Market 2026 Top Industry players by: GE Lighting Solutions, Koninklijke Philips Electronics N.V., Cree, Inc., Toshiba Corporation, Digital Lumens, Inc., Osram Licht AG And Other
Industrial and Commercial LED Lighting
A significant increase in infrastructure development and implementation of smart cities drives the growth of the Industrial and Commercial LED Lighting Market. Other driving factors include higher efficiency offered by LED lights, reducing prices, favorable government regulations, and stringent standards regarding energy efficiency. The increasing awareness regarding use of energy efficient lighting solutions among consumers further supports market growth. Increasing demand from developing nations along with technological innovation is expected provide numerous growth opportunities to the Industrial and Commercial LED Lighting market players during the forecast period.
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Major Industry Player:
• Koninklijke Philips Electronics N.V.
• Cree, Inc.
• GE Lighting Solutions
• Toshiba Corporation
• Digital Lumens, Inc.
• Osram Licht AG
• Dialight Plc
• Cooper Industries Plc
• Deco Lighting, Inc.
• Sonaray LED Lighting
Increasing government initiatives regarding promotion of LED lighting solutions fuels the growth of Industrial and Commercial LED Lighting market. Growing use of LED lighting in public infrastructure such as museums, and other structures by governments, along with rising awareness regarding use of energy efficient among consumers would support the market growth in the coming years.
The Asia-Pacific Industrial and Commercial LED Lighting Market generated the highest revenue in 2017, and is expected to lead the global market throughout the forecast period. The growing construction sector and adoption of smart technologies drive the market growth. The increasing government funding in development of efficient infrastructure supports the market growth in the region. The increase in construction of commercial buildings in this region, upgradation of existing infrastructure, and ban on certain incandescent lights boosts the growth of the market in the region.
The different end-users for Industrial and Commercial LED Lighting include industrial, commercial, and others. In 2017, the commercial lighting segment accounted for the highest market share. The commercial sector includes hospitality, retail, healthcare, education, and commercial offices. The increasing use of LED lighting solutions in the commercial sector for higher energy efficiency, durability, and longer life supports Industrial and Commercial LED Lighting Market growth.
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By Segment:
Industrial and Commercial LED Lighting by Installation:
• New Installation
• Retrofit
Industrial and Commercial LED Lighting by Application:
• Indoor Lighting
• Outdoor Lighting
Industrial and Commercial LED Lighting by End-User:
• Industrial
• Commercial
• Others
Industrial and Commercial LED Lighting by Region:
• North America - (US., Canada, Mexico)
• Europe - (Germany, UK, France, Italy, Rest of Europe)
• Asia-Pacific - (China, India, Japan, Rest of Asia-Pacific)
• Latin America - (Brazil, Middle East & Africa).
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About Polaris Market Research
Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.
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