Press release
Industrial Lighting Market Size and Global Overview by Key Players: Emerson Electric, Legrand, Acuity Brands, TOYODA GOSEI, Cree, Hubbell Lighting, General Electric, Zumtobel Group, Osram Licht AG
Market Highlights
The study reveals that industrial lighting is trending in North America region. The industrial lighting demand is growing very rapidly as the advancements in LED applications. The increasing demand of of these lighting in the industrial area, hazardous locations, parking garages is also one of the key driver for the growth of the market. The LED lighting has huge market due to its low cost, high quality, environment friendly & others, and is driving the market growth to the great extent. The growing need of lighting in the industrial purpose due to new organization, company expansion, increasing number of modern workspace, and others which drive the market growth.
In North America region, the industrial lighting demand is increasing with the growing need of well-lit spaces in the organizations to ensure worker safety. The Industrial Lighting Market demand is increasing exponentially due to its durability, easy to maintain, and are ideal for high temperature environments. While, the high intensity discharge lighting is offering high quality, reliability & environmental compliance. It can be used where the most critical areas and much visible light per watt is required. These lighting is widely used in streetlights, warehouses, large retail facilities, stadiums and others.
The Global Industrial Lighting Market is growing rapidly over ~8% of CAGR and is expected to reach at USD ~ 13 Billion by the end of forecast period.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Global Industrial Lighting Market Research Report -Forecast to 2023”.
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Key Players:
The prominent players in the Global Industrial Lighting market are –Emerson Electric (US), Legrand (France), Acuity Brands Lighting, Inc. (US), TOYODA GOSEI Co., Ltd (Japan), Cree, Inc. (US), Philips Lighting Holding B.V. (Netherlands), Hubbell Lighting, Inc. (US), General Electric (US), Zumtobel Group (Austria), Osram Licht AG (Germany) and among others.
Segments:
The global Industrial Lighting market has been segmented on the basis of light source type, product, applications, and region.
Global Industrial Lighting market by Light Source Type:
• LED
• Fluorescent
• High Intensity Discharge
• Incandescent
• CFL
• Halogen
• Others
Global Industrial Lighting market by Products:
• Industrial Wall Lights
• Vintage Industrial Lighting
• Industrial Look Lighting
• Industrial Hanging Lights
• Accent Lighting
• Task Lighting
• Others
Global Industrial Lighting market by Application:
• Factory & Production Lines
• Hotels & Restaurants
• Outer Premises
• Parking Areas
• Hazardous Locations
• Warehouse
• Others
Global Industrial Lighting market by Regions:
• North America
• Europe
• APAC
• Rest of the World
Market Research Analysis:
The regional analysis of industrial lighting market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. North America is one of the leading region across the world in terms of largest market share in industrial lighting market owing to the company’s investments in the manufacturing of different types of industrial lights products including accent lighting, task lighting spotlights, hanging fixtures, post lanterns, wall lighting, recessed fixtures,and others and the expansion by key industrial lighting manufacturers.The industrial lighting market in Europe region is expected to witness rapid growth in the forthcoming period. Whereas, Asia-Pacific countries like China, Japan and India is an emerging market for industrial lighting market and expected to be the highest CAGR in the coming years due to the high growth in infrastructural building projects in this region.
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Intended Audience
• Light manufacturing companies
• Product sales and distribution companies
• Original equipment manufacturers
• Original design manufacturers
• Installers and maintenance service providers
• Light providers
• Research and development companies
• Market research and consulting firms
• Technology standards organizations
• Technology investors
• System Integrators
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Technologies and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Media Contact:
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
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