How big is the Industrial Lighting Market?

The Industrial Lighting Market size is expected to reach USD 7.28 billion in 2024 and grow at a CAGR of 7.59% to reach USD 10.50 billion by 2029. Read More

What is the current Industrial Lighting Market size?

In 2024, the Industrial Lighting Market size is expected to reach USD 7.28 billion. Read More

Who are the key players in Industrial Lighting Market?

Eaton Corporation PLC, Emerson Electric Co., Cree Inc., Signify Holding and Dialight PLC are the major companies operating in the Industrial Lighting Market. Read More

Which is the fastest growing region in Industrial Lighting Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Industrial Lighting Market?

In 2024, the Europe accounts for the largest market share in Industrial Lighting Market. Read More

What years does this Industrial Lighting Market cover, and what was the market size in 2023?

In 2023, the Industrial Lighting Market size was estimated at USD 6.77 billion. The report covers the Industrial Lighting Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Industrial Lighting Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Industrial Lighting Market - Size, Report & Share

Industrial Lighting Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Global Industrial Lighting Manufacturers and the Market is segmented by Light Source (LED, High-intensity Discharge (HID) Lighting, Fluorescent Lighting), Product Type (High/Low Bay Lighting, Flood/Area Lighting), End-user Application (Oil and Gas, Mining, Pharmaceutical, Manufacturing, Warehouse), and Geography (North America, Europe, Asia Pacific, Latin America, MEA). The Market Size and Forecasts Are Provided in Terms of Value (USD Million) for All the Above Segments.

Industrial Lighting Industry Overview

The industrial lighting market is highly fragmented. Overall, the competitive rivalry among existing competitors is high. Further, the new innovation strategies of large and small enterprise companies are expected to drive market growth.

May 2022 - Signify announced the launch of the latest generation of the Pacific LED gen5 waterproof luminaire, a solution designed for optimal performance in the demanding environments such as industry and parking areas. The new solution is suitable for a wide range of heavy industrial applications. The luminaires have a robust and compact product architecture, with high water and dust protection, along with a high degree of mechanical protection.