Industrial Lighting Market Growth, Demand and Challenges of the Key Industry Players 2023-28

1
Global Industrial Lighting Market Research and
Forecast Report 2023-2028

• Format PDFEXCEL

2023 IMARC All Rights Reserved
2
About IMARC Group

• International Market Analysis Research and
  Consulting Group is a leading adviser on
  management strategy and market research
  worldwide. We partner with clients in all regions
  and industry verticals to identify their
  highest-value opportunities, address their most
  critical challenges, and transform their
  businesses.
• IMARCs 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,
  chemicals, food and beverage, travel and tourism,
  nanotechnology and novel processing methods are
  at the top of the companys expertise.
• IMARCs tailored approach combines unfathomable
  insight into the dynamics of companies and
  markets with close cooperation at all levels of
  the client organization. This ensures that our
  clients achieve unmatchable competitive
  advantage, build more proficient organizations,
  and secure lasting results.

3
Report Highlight and Description

• According to the latest report by IMARC Group,
  titled "Industrial Lighting Market Global
  Industry Trends, Share, Size, Growth, Opportunity
  and Forecast 2023-2028," the global industrial
  lighting market size reached US 8.9 Billion in
  2022.
• Industrial lighting provides adequate
  illumination and enhances safety and productivity
  in various industrial settings. It is made using
  advanced technology and durable materials and is
  designed to withstand harsh environments and meet
  specific lighting requirements. It typically
  consists of high-quality components such as
  robust housings, efficient light sources, and
  reliable control systems.
• Industrial lighting converts electrical energy
  into light through various mechanisms, including
  incandescent, fluorescent, light-emitting diode
  (LED), or high-intensity discharge (HID)
  technologies. Each lighting technology offers
  distinct advantages, such as energy efficiency,
  long lifespan, high brightness, and improved
  color rendering. One of the key advantages of
  industrial lighting is its ability to enhance
  worker safety. Well-illuminated work areas reduce
  the risk of accidents and injuries caused by poor
  visibility. It also promotes visual acuity,
  reducing eye strain and fatigue among workers,
  thereby boosting productivity.
• Request for a PDF sample of this report
  https//www.imarcgroup.com/industrial-lighting-mar
  ket/requestsample

4
Report Description

• Global Industrial Lighting Market Trends
• The global industrial lighting market is
  influenced by a multitude of factors, including
  the increasing focus on energy efficiency and
  sustainability in industrial operations. This is
  further supported by the stringent regulations
  and initiatives by governments of various nations
  promoting the use of energy-efficient lighting.
  Moreover, the rising industrialization and
  urbanization across the globe have led to the
  expansion of industrial infrastructures,
  consequently driving the demand for reliable and
  high-quality lighting systems. Additionally,
  advancements in lighting control systems and
  smart technologies have enabled better energy
  management and enhanced operational efficiency,
  thus fostering the market growth.
• Besides this, the escalating awareness about the
  negative impacts of inadequate lighting on
  productivity, safety, and employee well-being and
  the rapid adoption of the internet of things
  (IoT) and connected lighting systems in
  industrial facilities are significantly
  contributing to the market growth. Furthermore,
  the emergence of smart cities and the ongoing
  trend of retrofitting existing industrial
  infrastructures with energy-efficient lighting
  systems are accelerating the market growth. In
  line with this, the declining prices of LED
  lighting products and the easy availability of
  cost-effective solutions are positively
  influencing the market growth. Other factors,
  including the integration of lighting with other
  smart technologies, such as sensors and controls,
  and the increasing focus on enhancing workplace
  safety and productivity, are propelling the
  market growth.
• Looking forward, the market value is projected to
  reach US 12.0 Billion by 2028, expanding at a
  CAGR of 4.95 during 2023-2028.
• View Report TOC, Figures and Tables
  https//www.imarcgroup.com/industrial-lighting-mar
  ket

5
Report Segmentation

• 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

6
Report Segmentation

• Retrofit Installation
• Breakup by Application
• Warehouse Cold Storage
• Factory Production Lines
• Outer Premises
• Parking Areas
• Hazardous Locations
• Others
• Breakup by Region
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa

7
Competitive Landscape with Key Players

• 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
• Zumtobel Group

8
Key Questions Answered in the Report
9
Key Questions Answered in the Report
10
Table of Contents

• 1    Preface2    Scope and Methodology    2.1  
   Objectives of the Study    2.2  
   Stakeholders    2.3    Data Sources       
  2.3.1    Primary Sources        2.3.2  
   Secondary Sources    2.4    Market Estimation 
        2.4.1    Bottom-Up Approach        2.4.2  
   Top-Down Approach    2.5    Forecasting
  Methodology3    Executive Summary4  
   Introduction    4.1    Overview    4.2    Key
  Industry Trends5    Global Industrial Lighting
  Market    5.1    Market Overview    5.2  
   Market Performance    5.3    Impact of
  COVID-19  5.4    Market Forecast
• 6     Market Breakup by Product Type    6.1
     High/Low Bay Lighting        6.1.1 Market
  Trends        6.1.2 Market Forecast    6.2
     Flood/Area Lighting        6.2.1 Market
  Trends        6.2.2 Market Forecast7   Market
  Breakup by Light Source    7.1
     LED        7.1.1 Market Trends        7.1.2
  Market Forecast       

11
Table of Contents

•     7.2    High-Intensity Discharge (HID)
  Lighting        7.2.1 Market Trends        7.2.2
  Market Forecast    7.3    Fluorescent
  Lighting        7.3.1 Market Trends        7.3.2
  Market Forecast8   Market Breakup by
  Offering    8.1    Lamps Luminaries        8.1
  .1 Market Trends        8.1.2 Market
  Forecast    8.2    Control Systems        8.2.1
  Market Trends        8.2.2 Market
  Forecast    8.3    Services        8.3.1 Market
  Trends        8.3.2 Market Forecast9   Market
  Breakup by Type    9.1    New Installation      
    9.1.1 Market Trends        9.1.2 Market
  Forecast    9.2    Replacement
  Installation        9.2.1 Market
  Trends        9.2.2 Market Forecast    9.3
     Retrofit Installation        9.3.1 Market
  Trends        9.3.2 Market Forecast10  Market
  Breakup by Application    10.1    Warehouse
  Cold Storage        10.1.1 Market
  Trends        10.1.2 Market Forecast
• For more information, visit https//www.imarcgrou
  p.com/industrial-lighting-market/toc

12
Disclaimer

• 2023 IMARC All Rights Reserved
• This Publication and all its contents unless
  otherwise mentioned are copyrighted in the name
  of International Market Analysis Research and
  Consulting (IMARC). No part of this publication
  may be reproduced, repackaged, redistributed or
  resold in whole or in any part. The publication
  may also not be used in any form or by and means
  graphic electronic or mechanical, including
  photocopying, recording, taping or by information
  storage or retrieval, or by any other form,
  without the express consent of International
  Market Analysis Research and Consulting (IMARC).
• Disclaimer All contents and data of this
  publication, including forecasts, data analysis
  and opinion have been based on information and
  sources believed to be accurate and reliable at
  the time of publishing. International Market
  Analysis Research and Consulting makes no
  representation of warranty of any kind as to the
  accuracy or completeness of any Information
  provided. IMARC accepts no liability whatsoever
  for any loss or damage resulting from opinion,
  errors or inaccuracies if any found this
  publication.
• IMARC, IMARC Group and Global Therapy Insight
  Series are registered trademarks of International
  Market Analysis Research and Consulting. All
  other trademarks used in this publication are
  registered trademarks of their respective
  companies.

13
Contact Us
Visit us at
https//www.imarcgroup.com
TELEPHONE [phone] E-MAIL
sales_at_imarcgroup.com