openPR Logo
Press release

Industrial Lighting Market Size 2022, Top Companies Analysis, Share, Trends, Business Model and Forecast by 2027

09-27-2022 01:39 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Industrial Lighting Market Size 2022, Top Companies Analysis,

The latest research study "Industrial Lighting Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" by IMARC Group, finds that the global industrial lighting market size reached US$ 8.38 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 11.43 Billion by 2027, exhibiting a CAGR of 5.10% during 2022-2027.

COVID-19 Impact on Market: (Positive Impact)

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Download free sample brochure: https://www.imarcgroup.com/industrial-lighting-market/requestsample

Industry Definition and Application:

Industrial lighting represents a lighting system that is generally found in the manufacturing environment for providing ample illumination to spot or identify hazards. It is commercially available in varying types, such as high-intensity discharge (HID), light-emitting diode (LED), and halogen lighting. Industrial lighting is heat-resistant, flexible, and inhibits ultraviolet (UV) radiation. In line with this, it has the ability to withstand frequent switching while consuming minimal energy as this system is energy-efficient. Consequently, industrial lighting finds extensive applications in various industries, such as automotive, oil and gas, pharmaceuticals, etc.

Global Industrial Lighting Market Trends and Drivers:

The inflating need for energy-efficient solutions is primarily driving the industrial lighting market. Additionally, the launch of favorable policies by government bodies across countries to promote the use of light-emitting diode (LED) industrial lighting in the commercial sector, owing to the growing consumer awareness towards its several beneficial properties, is further catalyzing the market growth. Besides this, numerous technological advancements and the rising integration of the Internet of Things (IoT), remote-controlled, and Wi-Fi-controlled lighting are acting as significant growth-inducing factors.

Moreover, the widespread adoption of industrial lighting in cold storage, warehouses, production lines, and parking areas to ensure safety and security is also positively influencing the global market. Apart from this, the introduction of new light illuminating systems, including fluorescent and high-intensity discharge (HID), for improving longevity, optimizing energy efficiency, maintaining costs by delivering a shorter return on investments (ROI), etc., is anticipated to fuel the industrial lighting market over the forecasted period.

Click here to view detailed information with table of content: https://www.imarcgroup.com/industrial-lighting-market

Global Industrial Lighting Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these top key players include:

Acuity Brands Inc., Bajaj Electricals Ltd. (Bajaj Group), Dialight plc, Eaton Corporation PLC, Elba SA, Emerson Electric Co., GE Current a Daintree Company, LSI Industries Inc., OSRAM Opto Semiconductors GmbH (OSRAM GmbH), Panasonic Corporation, Wipro Lighting and Zumtobel Group.

The report has segmented the market on the basis of region, product type, light source, offering, type and application.

Breakup by Product Type:
• High/Low Bay Lighting
• Flood/Area Lighting

Breakup by Light Source:
• LED
• High-Intensity Discharge (HID) Lighting
• Fluorescent Lighting

Breakup by Offering:
• Lamps & Luminaries
• Control Systems
• Services

Breakup by Type:
• New Installation
• Replacement Installation
• Retrofit Installation

Breakup by Application:
• Warehouse & Cold Storage
• Factory & Production Lines
• Outer Premises
• Parking Areas
• Hazardous Locations
• Others

Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Explore Latest Market Research Reports by IMARC Group:

https://www.supermarketresearch.com/2022/09/27/active-calcium-silicate-market-size-2022-top-companies-analysis-share-trends-business-model-future-scope-and-forecast-by-2027/

https://www.supermarketresearch.com/2022/09/27/surgical-site-infection-control-market-size-2022-top-companies-analysis-share-trends-business-model-future-scope-and-forecast-by-2027/

https://www.supermarketresearch.com/2022/09/27/microservices-architecture-market-size-2022-top-companies-analysis-share-trends-business-model-future-scope-and-forecast-by-2027/

https://www.supermarketresearch.com/2022/09/27/probiotic-ingredients-market-size-2022-top-companies-analysis-share-trends-business-model-future-scope-and-forecast-by-2027/

https://www.supermarketresearch.com/2022/09/27/emergency-shutdown-systems-market-size-2022-top-companies-analysis-share-trends-business-model-future-scope-and-forecast-by-2027/

Contact Us:

IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Industrial Lighting Market Size 2022, Top Companies Analysis, Share, Trends, Business Model and Forecast by 2027 here

News-ID: 2750533 • Views:

More Releases from IMARC Group

Green Tea Bags Manufacturing Plant DPR 2026: Investment Cost, Market Growth & ROI
Green Tea Bags Manufacturing Plant DPR 2026: Investment Cost, Market Growth & RO …
Setting up a green tea bags manufacturing plant positions investors within one of the steadily expanding and health-oriented segments of the global beverage industry, driven by increasing consumer awareness of wellness, rising preference for natural antioxidants, and growing demand for convenient herbal drink options. Green tea is widely valued for its perceived health benefits, including metabolism support and antioxidant properties, making it popular among health-conscious urban populations. The shift toward
Calcium Acetate Prices Q4 2025: USA Reaches USD 1,165/MT While China Trades at USD 637/MT
Calcium Acetate Prices Q4 2025: USA Reaches USD 1,165/MT While China Trades at U …
North America Calcium Acetate Price Outlook Q4 2025: United States Calcium Acetate Price Overview: In Q4 2025, calcium acetate prices in the United States reached USD 1165 per metric ton. The market remained firm due to steady demand from food processing, pharmaceuticals, and wastewater treatment sectors. Stable consumption patterns and moderate production costs supported pricing levels. Supply chain efficiency and consistent raw material availability helped prevent sharp fluctuations during the quarter. Get the
Automotive Radiator Manufacturing Plant DPR & Unit Setup - 2026: Demand Analysis and Project Cost
Automotive Radiator Manufacturing Plant DPR & Unit Setup - 2026: Demand Analysis …
Setting up an Automotive Radiator manufacturing plant positions investors in one of the most critical and high-demand segments of the global automotive components and thermal management industry, backed by sustained global growth driven by rising vehicle production, increasing regulatory focus on engine efficiency and emission reduction, and the growing adoption of electric and hybrid vehicles requiring advanced cooling solutions. As global automotive production expands across emerging economies, regulatory frameworks continue
Watch Manufacturing Plant DPR & Unit Setup - 2026: Machinery, CapEx/OpEx, ROI and Raw Materials
Watch Manufacturing Plant DPR & Unit Setup - 2026: Machinery, CapEx/OpEx, ROI an …
Setting up a watch manufacturing plant positions investors at the convergence of precision engineering, consumer lifestyle, luxury goods, and wearable technology - one of the most dynamic and diversified segments of the global consumer goods industry - driven by rising demand for luxury and premium accessories, increasing adoption of smart and hybrid watches, growing disposable incomes across emerging markets, and expanding e-commerce and organized retail channels enabling access to global

All 5 Releases


More Releases for Light

Shining a Light: Global Light Towers Market Trends 2024
"The Business Research Company recently released a comprehensive report on the Global Light Towers Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. Ready to Dive into Something Exciting? Get Your Free Exclusive Sample
Light Bulb Camera 2022: Best Light Bulb Security Camera
From anywhere in the world, you can check on your family members with this clever Light bulb camera has a concealed security camera! In the world's population, those over the age of 50 make up an increasingly large proportion of the total. These individuals are more likely to suffer from health challenges or lives alone, which increases the hazards they face. When our elderly relatives live alone, we have a natural
Light Sanitizer Review: Does UV Light Sanitizer Really Work?
Visit Official Website Here >> https://bit.ly/3u3lF00 【PROFESSIONAL UV LIGHT SANITIZER LAMP】 FCC, CE, RoHS Certified, EPA Est. No.96932-CHN-1. Advanced ultraviolet disinfection technology, the UV disinfectant lamp has 7 high-intensity UVC and 158 UVA double effect, 99.99% sterilization rate, Ultra Violet through radiation damage to microorganisms (bacteria, viruses, fungus, pathogen, molds, micro pests) and destroy DNA RNA, to achieving the purpose of disinfection 【240-280NM COMPREHENSIVE THOROUGH STERILIZATION】 The light transmittance of microorganisms
What is Li-Fi (Light Fidelity Visible Light Communication)?
Light fidelity (Li-Fi)/visible light communication is wireless communication technology that uses light to transmit data and position between devices. This technology facilitates internet facilities in a closed, controlled environment such as airplanes, shopping complexes, hospitals, offices, and vehicles, among others. It is widely utilized to offer communication between electronic devices with the support of visible light, particularly the LED bulbs. This evolving technology has various advantages over currently prevalent Wi-Fi
Global LED Lighting Market Technology Insights, Forecast to 2025 | Spot Light, S …
This report presents the worldwide LED Lighting market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. The LED Lighting market was valued at Million US$ in 2017 and is
Light Control Sensor Light Global Market Research Report 2018
GET SAMPLE REPORT @ https://www.research2reports.com/sample-report-electronics-goods/light-control-sensor-light-market/79664 Light Control Sensor Light Report by Material, Application, and Geography � Global Forecast to 2022 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China). The report firstly introduced the Light Control Sensor Light basics: definitions, classifications, applications and