Press release
Industrial and Commercial LED Lighting Market Is Likely to Expand US$ 148.90 Billion at 10.3% CAGR From 2025 to 2034
Industrial and Commercial LED Lighting Market
In the recent period there has been a significant shift within industrial and commercial lighting systems towards the acquisition of LED lighting. This change expects itself to have numerous benefits showcased by LED lighting, which circumscribe economy, prolonged life span, and improved luminous quality. They consume 75% less energy than their traditional parallels causing them to be excessively economical over the long term.
๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ง๐ ๐๐จ๐ฆ๐ฆ๐๐ซ๐๐ข๐๐ฅ ๐๐๐ ๐๐ข๐ ๐ก๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐๐ข๐ณ๐ ๐๐๐ฏ๐๐ง๐ฎ๐, ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค, ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ, ๐๐ง๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ. ๐๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ง๐ ๐๐จ๐ฆ๐ฆ๐๐ซ๐๐ข๐๐ฅ ๐๐๐ ๐ฅ๐ข๐ ๐ก๐ญ๐ข๐ง๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฐ๐๐ฌ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐๐ ๐ญ๐จ ๐๐ ๐ฐ๐จ๐ซ๐ญ๐ก ๐๐๐ 56.44 ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง 2024 ๐๐ง๐ ๐ข๐ฌ ๐ฉ๐ซ๐๐๐ข๐๐ญ๐๐ ๐ญ๐จ ๐๐ฑ๐ฉ๐๐ง๐ ๐ญ๐จ ๐๐๐ 148.90 ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ 2034, ๐ฐ๐ข๐ญ๐ก ๐ ๐๐๐๐ ๐จ๐ 10.3% ๐๐ซ๐จ๐ฆ 2025 ๐ญ๐จ 2034.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ซ๐๐ง๐๐ฌ:
โข LED lighting systems consume less electricity than traditional fluorescent and incandescent lights. This decreased electricity intake causes sizeable economizing on energy bills for commercial and industrial spaces.
โข LED technology inventions have enhanced the brightness, color furnishing, and cost-effectiveness of LED systems. Smart lighting systems that utilize sensors to inspect environmental light and movement to spontaneously dim or switch off lights when the space is uninhibited have improved the operation and ease of LED systems.
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/industrial-and-commercial-led-lighting-market/request-for-sample
๐๐จ๐ฉ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ:
The spearheading contenders are initiating inventive LED lighting systems to serve the growing demand for consumers. Additionally, they are approaching contemporary industrial and commercial LED lighting market in advancing regions to augment their customer base, fortify their market existence, and escalate their market share.
โข AIXTRON
โข Advanced Lighting Technologies, LLC
โข DialightEaton
โข Eaton
โข Emerson Electric Co.
โข OSRAM SYLVANIA Inc
โข TOYODA GOSEI Co., Ltd.
โข Zumtobel Group
โข Signify Holding
โข SiteWorx Software
๐๐๐ฒ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ง๐ ๐๐จ๐ฆ๐ฆ๐๐ซ๐๐ข๐๐ฅ ๐๐๐ ๐๐ข๐ ๐ก๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ:
โข 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.
โข 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 to lower operational expenses.
โข 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 to their high energy efficiency, reduced maintenance costs, and long lifespan.
โข Latin America is projected to witness the highest CAGR from 2025 to 2034. Businesses across Latin America are increasingly adopting LED lighting solutions that support corporate sustainability goals and help them meet environmental regulations.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/industrial-and-commercial-led-lighting-market/request-for-discount-pricing
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐จ๐ฉ๐:
This comprehensive study provides an accurate overview of the worldwide industrial and commercial LED lighting industry. Comprehensive analyses of sales volume, price, revenue, market share, and important companies are included. The market is further divided into segments by product, application, end-use, and region in the study, which offers a comprehensive picture of the state of the market.
Segmental Outlook:
By Product Outlook (Revenue - USD Billion, 2020-2034)
โข Lamps
โข Luminaires
By Application Outlook (Revenue - USD Billion, 2020-2034)
โข Indoor
โข Outdoor
By End Use Outlook (Revenue - USD Billion, 2020-2034)
โข Industrial
โข Commercial
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐:
https://www.polarismarketresearch.com/industry-analysis/industrial-and-commercial-led-lighting-market
๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐๐ข๐ฌ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
According to regional research, Asia Pacific dominated the market. The region's growth is aided by development in urban areas, causing growing advancement of public framework and commercial buildings. Also, Latin America is anticipated to emerge as the fastest-growing region in the industrial and commercial LED lighting market.
โข North America
o US
o Canada
โข Europe
o Germany
o France
o UK
o Italy
o Spain
o Netherlands
o Russia
o Rest of Europe
โข Asia Pacific
o China
o Japan
o India
o Malaysia
o South Korea
o Indonesia
o Australia
o Rest of Asia Pacific
โข Middle East & Africa
o Saudi Arabia
o UAE
o Israel
o South Africa
o Rest of the Middle East & Africa
โข Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Lidar Market:
https://www.polarismarketresearch.com/industry-analysis/lidar-market
Substation Automation Market:
https://www.polarismarketresearch.com/industry-analysis/substation-automation-market
Smart Home Automation Market:
https://www.polarismarketresearch.com/industry-analysis/smart-home-automation-market
Eye Tracking Market:
https://www.polarismarketresearch.com/industry-analysis/eye-tracking-market
๐๐จ๐ง๐ญ๐๐๐ญ:
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๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก & ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐๐ง๐:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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