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Industrial Lighting Market Report- Forecast 2023

Industrial Lighting Market Report-Forecast 2023

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Industrial Lighting Market Report- Forecast 2023

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Industrial Lighting Market Report- Forecast 2023

Summary The prominent companies such as Emerson Electric (U.S.), Hubbell Lighting, Inc. (U.S.), General Electric (U.S.), Cree, Inc. (US), Philips Lighting Holding B.V. (Netherlands) are contributing the largest market revenue in the manufacturing of industrial lighting. In 2015, The Philips Lighting Holding B.V. (Netherlands) went into the partnership with World Council on City Data (WCCD), which has further helped United Nation about the smart LED street lighting. Moreover, it also supports to standardized city data may reduce CO2 emission in the city of over 60% and could reduce energy consumption of approximately 8%, globally. In North America regions, the LED lighting has huge demand in the market in the forecast years due to its low cost and low energy consumption, and is driving the industrial lighting market growth. The industrial lighting quality could improve the traffic safety, city attractiveness and contributes to the economic strength. These LED lighting is energy saving and can reduce the greenhouse gas emissions across the world. The global industrial lighting market are bifurcated into light source type, product, applications, and region. The light source type includes LED, fluorescent, high intensity discharge, incandescent, CFL, halogen and others. The products include industrial wall lights, vintage industrial lighting, industrial look lighting, industrial hanging light, task lighting, accent lighting and others. The applications include factory & production lines, hotels & restaurants, outer premises, parking areas, hazardous locations, warehouse and others. The region includes North America, Europe, Asia Pacific and rest of the world.

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Industrial Lighting Market Report- Forecast 2023

Major Key Players:  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)

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Industrial Lighting Market Report- Forecast 2023

Segmentation: 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

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Industrial Lighting Market Report- Forecast 2023

Regional Analysis: On geographic basis, global Industrial Lighting market is studied in different regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that North America region is leading with largest market share growth in the industrial lighting market due to the major companies are investing for the production of these lights for the industrial purposes. In this market, Europe is to be estimated to be the second largest market share for industrial lighting during the forecast period.

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Industrial Lighting Market Report- Forecast 2023

(Germany) are focusing on the digital utilities transformation. P a g e |7

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Industrial lighting market  

Global Industrial Lighting Market, Light Source Type (LED, Fluorescent, High Intensity Discharge, Incandescent), By Products (Industrial Wal...

Industrial lighting market  

Global Industrial Lighting Market, Light Source Type (LED, Fluorescent, High Intensity Discharge, Incandescent), By Products (Industrial Wal...

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