Title: Industrial Lighting Market
1- Industrial Lighting Market by Application, Future
Demands, and Key Players, 2023
2- Research report categorizes the Industrial
Lighting Market - based on Light Source, Offering, Installation
Type, Application and Geography.
- By Light Source
- LED
- HID
- Fluorescent
- By Offering
- Lamps Luminaires
- Control Systems
- Services
And More
3Key Segments
The industrial lighting market is expected to be
worth USD 13.17 Billion by 2023, growing at a
CAGR of 7.82 between 2017 and 2023.
1
The growth of this market is driven by the
factors such as increasing modernization and
infrastructural development, growing penetration
of LEDs across diversified industrial
applications due to reducing price, durability
of LED lights for industrial usage, and low
energy consumption by LEDs.
2
3
Browse 70 Market Data Tables and 58 Figures
spread through 164 Pages and in-depth TOC on
"Industrial Lighting Market
Lamps and luminaires expected to lead the overall
industrial lighting market The market for LED
lighting to grow at the highest rate during the
forecast period
4
5
APAC held the largest share of the industrial
lighting market in 2016
4- Industrial Lighting Market Growth Rate
2023
2016
CAGR of 7.82
Market Size of 7.59 Billion
Market Size of 13.17 Billion
5Vendors
- Honeywell International Inc. (US)
- Siemens AG (Germany)
- Johnson Controls International PLC (Ireland)
- Schneider Electric SE (France)
- United Technologies Corp. (US)
- IBM Corporation (US)
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6- North America
- Europe
- APAC
- RoW
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7- Key Target Audience of this Report
1. Component and equipment suppliers
2. Original equipment manufacturers (OEMs)
3. Original design manufacturers (ODMs)
4. Installers and maintenance service providers
5. Research organizations
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