Industrial and Commercial LED Lighting Market
Description
Commercial LED lighting is big business and very competitive industry. This type of commercial lighting works by using special lights to create general illumination in large spaces or indoor areas such as walkways, hallways, office cubicles, or even the outdoor deck. If used indoors, it can help increase security by making sure that everyone can see each other when walking through the hallways or the common areas in the office building. The cost of the lights is quite low as well. Some of the benefits of Commercial LED Lighting include improved safety, security, and convenience for employees and clients alike. One benefit that is particularly appreciated by warehouse and office buildings is the reduction of accidents within the workplace. In addition, this type of lighting can help improve the productivity level and efficiency in the workplace as it creates a safer environment for everyone.
Market Dynamics
Rapid urbanization and economic growth are expected to boost the global industrial and commercial LED lighting market growth over the forecast period. According to the United Nations (UN), by 2050, around 68% of the global population is expected to live in urban areas, adding another 2.5 billion people to urban areas. According to the same source, the global urban population is growing rapidly from 751 million in 1950 to 4.2 billion in 2018. This, in turn, has increased the demand for more commercial and industrial spaces.
Furthermore, growing focus on energy saving is expected to accelerate growth of the global industrial and commercial LED lighting market in the near future.
Key features of the study
Market Dynamics
Rapid urbanization and economic growth are expected to boost the global industrial and commercial LED lighting market growth over the forecast period. According to the United Nations (UN), by 2050, around 68% of the global population is expected to live in urban areas, adding another 2.5 billion people to urban areas. According to the same source, the global urban population is growing rapidly from 751 million in 1950 to 4.2 billion in 2018. This, in turn, has increased the demand for more commercial and industrial spaces.
Furthermore, growing focus on energy saving is expected to accelerate growth of the global industrial and commercial LED lighting market in the near future.
Key features of the study
- This report provides an in-depth analysis of the global human machine interface market and provides market size (USD Bn) and compound annual growth rate (CAGR %) for the forecast period 2025-2032, considering 2024 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players.
- It profiles leading players in the global human machine interface market based on the following parameters– regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans.
- Key companies covered in the global human machine interface market are ABB Ltd., General Electric Company, Advantech Co., Ltd., Emerson Electric Corporation, Atmel Corporation, Eaton Corporation, American Industrial Systems, Inc., BARTEC Top Holding GmbH, and Beijer Electronics, Inc.
- The market players are focusing on strategic collaborations to innovate and launch new products to meet the increasing needs and requirements of consumers.
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics.
- Global human machine interface market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global human machine interface market.
- Global Industrial and Commercial LED Lighting Market, By End User
- Industrial
- Commercial
- Outdoor
- Architectural
- Global Industrial and Commercial LED Lighting Market, By Region
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Companies Insights
- Toshiba Corporation
- Digital Lumens, Inc.
- GE Lighting Solutions
- Koninklijke Philips Electronics N.V.3
- Osram Licht AG
- Cooper Industries plc
- Cree, Inc.
- Dialight plc.
Table of Contents
170 Pages
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- High efficiency and durability of LED light are expected to drive growth
- Government regulations are expected to boost the market
- Restraints
- Significant dominance of fluorescent lamps is expected to restrain growth Opportunities
- Opportunities
- LED technology to dominate the publication trend compared to fluorescent technology
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New system Launch/Approvals
- 4. Global Industrial and Commercial LED Lighting Market, By End User, 2020-2032 (USD Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Segment Trends
- Industrial
- Introduction
- Market Size and Forecast, 2025–2032, (USD Bn)
- Commercial
- Introduction
- Market Size and Forecast, 2025–2032, (USD Bn)
- Outdoor
- Introduction
- Market Size and Forecast, 2025–2032, (USD Bn)
- Architectural
- Introduction
- Market Size and Forecast, 2025–2032, (USD Bn)
- 5. Global Industrial and Commercial LED Lighting Market, By Region, 2020-2032 (USD Bn)
- Introduction
- Market Share Analysis, By Region, 2025 and 2032 (%)
- North America
- Regional Trends
- Market Size and Forecast, By End User, 2020–2032 (USD Bn)
- Market Share Analysis, By Country, 2025 and 2032 (%)
- U.S.
- Canada
- Western Europe
- Regional Trends
- Market Size and Forecast, By End User, 2020–2032 (USD Bn)
- Market Share Analysis, By Country, 2025 and 2032 (%)
- U.K.
- Germany
- Italy
- France
- Rest of Europe
- Eastern Europe
- Regional Trends
- Market Size and Forecast, By End User, 2025–2032 (USD Bn)
- Market Share Analysis, By Country, 2025 and 2032 (%)
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific
- Regional Trends
- Market Size and Forecast, By End User, 2020–2032 (USD Bn)
- Market Share Analysis, By Country, 2025 and 2032 (%)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Regional Trends
- Market Size and Forecast, By End User, 2020–2032 (USD Bn)
- Market Share Analysis, By Country, 2025 and 2032 (%)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East and Africa
- Regional Trends
- Market Size and Forecast, By End User, 2020–2032 (USD Bn)
- Market Share Analysis, By Country, 2025 and 2032 (%)
- GCC Countries
- South Africa
- Rest of the Middle East and Africa
- 6. Competitive Landscape
- Company Profiles
- Toshiba Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Digital Lumens, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- GE Lighting Solutions
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Koninklijke Philips Electronics N.V.3
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Osram Licht AG
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Cooper Industries plc
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Cree, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Dialight plc
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- 7. Section
- References
- Research Methodology
- About us and Sales Contact
Pricing
Currency Rates
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