Press release
Industrial And Commercial LED Lighting Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers
Industrial And Commercial LED Lighting Market Size
The growth of the industrial and commercial LED lighting market is majorly influenced by the rising construction of new structures and the renovation of current buildings. The surge in new structures is related to several factors such as improvements in the economy, housing needs, industrial progress, and more. Meanwhile, the renovation of existing structures is on the rise due to safety concerns and replacement needs, as well as the desire to improve current buildings. The construction and renovation of buildings, both new and existing, necessitate the use of new materials and products, including LED lighting - increasing the demand for such lighting in industrial and commercial buildings. As an example, data from the US Census Bureau and the US Department of Housing and Urban Development shows that in February 2022, privately-owned housing starts reached 1,769,000; a 6.8% increase over January's revised estimate of 1,657,000. Additionally, this represented a surge of 22.3% compared to 1,447,000 housing starts in February 2021. Therefore, the escalating construction of new structures coupled with renovation of current buildings is likely to stimulate the growth of the industrial and commercial LED lighting market.
Get Your Industrial And Commercial LED Lighting Market Report Here:
https://www.thebusinessresearchcompany.com/report/industrial-and-commercial-led-lighting-global-market-report
What is the future CAGR of the industrial and commercial led lighting market, and how will it impact industry expansion?
The market for industrial and commercial led lighting has experienced phenomenal growth in recent years, expanding from $64.36 billion in 2024 to an impressive $77.98 billion in 2025, a compound annual growth rate (CAGR) of 21.1%. The upward trajectory in the historical period is owing to several factors including energy efficiency and sustainability efforts, rules and incentives established by the government, decrease in led production costs, extended durability and lower maintenance expenses, coupled with increased understanding of light quality.
In the upcoming years, significant expansion is projected in the industrial and commercial led lighting market, with a calculated growth to $165.32 billion in 2029 and a compound annual growth rate (CAGR) of 20.7%. This surge during the forecasting period is due to various factors; growing interest in smart cities, the use of Internet of Things (IoT) in lighting systems, trends towards human-centric lighting, upgrades to traditional lighting systems, and a rising demand for bespoke designs and adaptability. Key trends for the future include advancements in LED lighting technology, accelerated adoption of intelligent lighting systems, a shift towards human-centric lighting, advanced lighting controls, and the incorporation of li-fi.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6720&type=smp
What are the most significant trends transforming the industrial and commercial led lighting market today?
Innovative products, including smart lighting systems, are being launched by leading businesses in the industrial and commercial LED lighting market to improve energy efficiency and user control. Smart lighting is a system that can be remotely operated and automated, commonly integrated with IoT technology to modify brightness, color, and schedules based on user preferences or environmental circumstances. For example, in May 2023, URC (Universal Remote Control), an American company specializing in smart home automation and control systems, introduced URC Lighting LT-3300. This LED lighting solution incorporates smart lighting that permits the installer to choose either a dimmer or switch setup and easily program it to create unique ambiance for social gatherings or tranquil family occasions. The auto load detection feature eases installation by removing the necessity to set up neutral or non-neutral wiring arrangements, making it adaptable to a variety of electrical settings. The device comprises a trailing-edge, colorful LED bar that offers visual feedback for notifications and programmed triggers, thereby improving user engagement.
Which key market segments comprise the industrial and commercial led lighting market and drive its revenue growth?
The industrial and commercial LED lighting market covered in this report is segmented -
1) By Product Type: LED Lamps, LED Fixtures
2) By Installation: New Installation, Retrofit
3) By Distribution: Direct Sales, Online Stores, Specialty Stores, Other Distribution Channels
4) By Application: Retail, Manufacturing, Hospitality, Warehouses And Storage, Office Buildings, Other Applications
Subsegments:
1) By LED Lamps: A-Type LED Lamps, Flood LED Lamps, Tube LED Lamps, Specialty LED Lamps
2) By LED Fixtures: Panel LED Fixtures, High Bay LED Fixtures, Downlight LED Fixtures, Street LED Fixtures, Wall-Mounted LED Fixtures
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6720
What regions are at the forefront of industrial and commercial led lighting market expansion?
Asia-Pacific was the largest region in the industrial and commercial LED lighting market in 2024. The regions covered in the industrial and commercial LED lighting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the industrial and commercial led lighting market?
Major companies operating in the industrial and commercial LED lighting market include Samsung Electronics Co. Ltd., General Electric Company, Panasonic Corporation, Schneider Electric SE, Honeywell International Inc., ABB Ltd., Toshiba Corporation, Eaton Corporation plc, Koninklijke Philips NV, Emerson Electric Co., Wipro Ltd., Legrand S.A., Signify N.V., Osram Licht AG, Hubbell Incorporated, ams-OSRAM AG, Acuity Brands Inc., Stanley Electric Co. Ltd., Havells Ltd., Leviton Manufacturing Company Inc., Zumtobel Group, IDEAL INDUSTRIES INC., Lutron Electronics, The Jaquar Group, Syska Hennessy Group, Dialight plc, Digital Lumens Inc., Deco Lighting Inc., Litetronics International Inc., Current Lighting Solutions LLC
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=6720&type=smp
What Is Covered In The Industrial And Commercial LED Lighting Global Market Report?
•Market Size Forecast: Examine the industrial and commercial led lighting market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the industrial and commercial led lighting market for a structured understanding.
•Key Players Overview: Analyze major players in the industrial and commercial led lighting market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the industrial and commercial led lighting market.
•Segment Contributions: Evaluate how different segments drive overall growth in the industrial and commercial led lighting market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the industrial and commercial led lighting market.
•Industry Challenges: Identify potential risks and obstacles affecting the industrial and commercial led lighting market.
•Competitive Landscape: Review strategic developments in the industrial and commercial led lighting market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 And Commercial LED Lighting Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers here
News-ID: 3909800 • Views: …
More Releases from The Business Research Company
Seed Treatment Fungicides Market to Grow at 9.3% CAGR, Reaching $3.15 Billion by …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Seed Treatment Fungicides Market Outlook: How is the Market Expected to Grow by 2025?
Over the past few years, the market for seed treatment fungicides has seen robust growth. Its market value is projected to rise from $2.07 billion in 2024 to $2.21 billion in 2025, signifying a compound annual…
Rheology Modifiers Market Growth to be Driven by Emerging Trends | $10.92 Billio …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Rheology Modifiers Industry?
There has been a consistent expansion in the size of the rheology modifiers market in the past few years. The market, which was worth $8.59 billion in 2024, is projected to increase to $8.89 billion in 2025, demonstrating a compound…
Polyurethane Foam Market to Record 8.4% CAGR Growth Through 2029 | Global Analys …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Polyurethane Foam Market Outlook: How is the Market Expected to Grow by 2025?
In recent years, the size of the polyurethane foam market has experienced substantial growth. It is projected to increase from a value of $54.27 billion in 2024 to $57.26 billion in 2025, indicating a compound annual growth…
Pharmaceutical Intermediates Market Size to Reach $46.04 Billion by 2029 | Growt …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Pharmaceutical Intermediates Industry?
There has been consistent growth in the market size of pharmaceutical intermediates over the past few years. The market is predicted to increase from a value of $33.37 billion in 2024, up to $34.95 billion in 2025, with a compound…
More Releases for LED
HSC LED Successfully Delivers Taxi LED Displays to Moldova
HSC LED [https://www.hscled.com/] is pleased to announce the successful completion of a major project involving the delivery of taxi LED displays to Moldova. This achievement underscores our dedication to providing high-quality, innovative LED display solutions to global markets.
Image: https://www.abnewswire.com/upload/2025/03/c632e02b61fa3f45fb036d4012a026b5.jpg
This project involved the production and deployment of state-of-the-art taxi top LED displays, designed for high visibility, durability, and intelligent operation. Equipped with high brightness levels, waterproof protection, and efficient heat dissipation,…
Enhancing LED Lighting: What is a reflective LED light?
Nowadays, LED lights [https://www.cnblight.com/products/] have become the mainstream of lighting. There is an interesting question, why do LED lights in homes nowadays, whether they are desk lamps, pendant lamps, ceiling lamps, etc., often need to add a lamp shell? You should know that LED lights emit solid light, unlike traditional lamps such as incandescent lamps and fluorescent lamps, which require a lamp shell on the outside.
There are many reasons that…
Global Backlight LED Market| Global Backlight LED Industry | Backlight LED Marke …
The backlight LED market comprises of sales of Backlight LED & related services. LED backlight is a flat panel display that uses LED backlighting instead of cold cathode fluorescent (CCFL) backlighting. LED backlight displays also use thin-film-transistor liquid-crystal display (TFT LCD) technologies that offer better contrast and brightness, reduced energy consumption, greater color range more quick response to changes in the scene, and photorefractive effects. These displays are small chips…
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation li …
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation like Lamp-LED, Side-LED, TOP-LED, High-Power LED, SMD-LED, and Flip-Chip LED & more
The LED market is one of the quickly growing segments as they are replacing the traditional lighting equipment like bulbs due to their high efficiency and power saving capability. The LED packaging industry is also growing with innovations along with the LED industry as new technologies are being included…
Global LED Driver (LED Lighting Driver) Market Research Report
This report studies the global LED Driver (LED Lighting Driver) market status and forecast, categorizes the global LED Driver (LED Lighting Driver) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions.
Get sample copy of the report:
https://www.marketdensity.com/contact?ref=Sample&reportid=68754
Table of Contents:
Table of Contents
Global LED Driver (LED Lighting Driver) Market Research Report…
LED Driver And Chipset Market - Tax Exemptions For LED Technology Encourage Use …
Transparency Market Research, in a report titled “LED Driver and Chipset Market - Global Industry Analysis, Trend, Size, Share and Forecast 2015 - 2021,” states that the global LED driver and chipset market is projected to expand at a remarkable CAGR of 23.20% during the forecast period. The report states that the outstanding growth of the overall LED market in recent times will push the value of the LED driver…
