Industrial Lighting Market by Product Type, Distribution Channel, End User 2023-2028
                     Global Industrial 
Lighting Market 
Research and Forecast 
Report 2023-2028
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
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s t rategy and market  research wor ldwide.  We par tner  wi th c l ients  in  a l l  regions and indust ry  
vert ica ls  to  ident i fy  thei r  h ighest -value oppor tuni t ies,  address thei r  most  cr i t ica l  chal lenges,  and 
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las t ing resul ts .
A c c o r d i n g  t o  t h e  l a t e s t  r e p o r t  b y  I M A R C  G r o u p ,  t i t l e d  " I n d u s t r i a l  L i g h t i n g  M a r k e t :  G l o b a l  
I n d u s t r y  T r e n d s ,  S h a r e ,  S i z e ,  G r o w t h ,  O p p o r t u n i t y  a n d  F o r e c a s t  2 0 2 3 - 2 0 2 8 , "  t h e  g l o b a l  
i n d u s t r i a l  l i g h t i n g  m a r k e t  s i z e  r e a c h e d  U S $  8 . 9  B i l l i o n  i n  2 0 2 2 .
I n d u s t r i a l  l i g h t i n g  p r o v i d e s  a d e q u a t e  i l l u m i n a t i o n  a n d  e n h a n c e s  s a f e t y  a n d  p r o d u c t i v i t y  i n  
v a r i o u s  i n d u s t r i a l  s e t t i n g s .  I t  i s  m a d e  u s i n g  a d v a n c e d  t e c h n o l o g y  a n d  d u r a b l e  m a t e r i a l s  a n d  i s  
Report d e s i g n e d  t o  w i t h s t a n d  h a r s h  e n v i r o n m e n t s  a n d  m e e t  s p e c i f i c  l i g h t i n g  r e q u i r e m e n t s .  I t  t y p i c a l l y  
c o n s i s t s  o f  h i g h - q u a l i t y  c o m p o n e n t s  s u c h  a s  r o b u s t  h o u s i n g s ,  e f f i c i e n t  l i g h t  s o u r c e s ,  a n d  
r e l i a b l e  c o n t r o l  s y s t e m s .  
Highlight and I n d u s t r i a l  l i g h t i n g  c o n v e r t s  e l e c t r i c a l  e n e r g y  i n t o  l i g h t  t h r o u g h  v a r i o u s  m e c h a n i s m s ,  i n c l u d i n g  
i n c a n d e s c e n t ,  f l u o r e s c e n t ,  l i g h t - e m i t t i n g  d i o d e  ( L E D ) ,  o r  h i g h - i n t e n s i t y  d i s c h a r g e  ( H I D )  
t e c h n o l o g i e s .  E a c h  l i g h t i n g  t e c h n o l o g y  o f f e r s  d i s t i n c t  a d v a n t a g e s ,  s u c h  a s  e n e r g y  e f f i c i e n c y ,  
Description l o n g  l i f e s p a n ,  h i g h  b r i g h t n e s s ,  a n d  i m p r o v e d  c o l o r  r e n d e r i n g .  O n e  o f  t h e  k e y  a d v a n t a g e s  o f  
i n d u s t r i a l  l i g h t i n g  i s  i t s  a b i l i t y  t o  e n h a n c e  w o r k e r  s a f e t y .  W e l l - i l l u m i n a t e d  w o r k  a r e a s  r e d u c e  
t h e  r i s k  o f  a c c i d e n t s  a n d  i n j u r i e s  c a u s e d  b y  p o o r  v i s i b i l i t y .  I t  a l s o  p r o m o t e s  v i s u a l  a c u i t y ,  
r e d u c i n g  e y e  s t r a i n  a n d  f a t i g u e  a m o n g  w o r k e r s ,  t h e r e b y  b o o s t i n g  p r o d u c t i v i t y .
R e q u e s t  f o r  a  P D F  s a m p l e  o f  t h i s  r e p o r t :  
h t t p s : / / w w w . i m a r c g r o u p . c o m / i n d u s t r i a l - l i g h t i n g - m a r k e t / r e q u e s t s a m p l e
Report Description
G l o b a l  I n d u s t r i a l  L i g h t i n g  M a r k e t  T r e n d s :
T h e  g l o b a l  i n d u s t r i a l  l i g h t i n g  m a r k e t  i s  i n f l u e n c e d  b y  a  m u l t i t u d e  o f  f a c t o r s ,  i n c l u d i n g  t h e  i n c r e a s i n g  f o c u s  o n  e n e r g y  e f f i c i e n c y  a n d  
s u s t a i n a b i l i t y  i n  i n d u s t r i a l  o p e r a t i o n s .  T h i s  i s  f u r t h e r  s u p p o r t e d  b y  t h e  s t r i n g e n t  r e g u l a t i o n s  a n d  i n i t i a t i v e s  b y  g o v e r n m e n t s  o f  v a r i o u s  n a t i o n s  
p r o m o t i n g  t h e  u s e  o f  e n e r g y - e f f i c i e n t  l i g h t i n g .  M o r e o v e r ,  t h e  r i s i n g  i n d u s t r i a l i z a t i o n  a n d  u r b a n i z a t i o n  a c r o s s  t h e  g l o b e  h a v e  l e d  t o  t h e  
e x p a n s i o n  o f  i n d u s t r i a l  i n f r a s t r u c t u r e s ,  c o n s e q u e n t l y  d r i v i n g  t h e  d e m a n d  f o r  r e l i a b l e  a n d  h i g h - q u a l i t y  l i g h t i n g  s y s t e m s .  A d d i t i o n a l l y ,  
a d v a n c e m e n t s  i n  l i g h t i n g  c o n t r o l  s y s t e m s  a n d  s m a r t  t e c h n o l o g i e s  h a v e  e n a b l e d  b e t t e r  e n e r g y  m a n a g e m e n t  a n d  e n h a n c e d  o p e r a t i o n a l  e f f i c i e n c y ,  
t h u s  f o s t e r i n g  t h e  m a r k e t  g r o w t h .  
B e s i d e s  t h i s ,  t h e  e s c a l a t i n g  a w a r e n e s s  a b o u t  t h e  n e g a t i v e  i m p a c t s  o f  i n a d e q u a t e  l i g h t i n g  o n  p r o d u c t i v i t y ,  s a f e t y ,  a n d  e m p l o y e e  w e l l - b e i n g  a n d  
t h e  r a p i d  a d o p t i o n  o f  t h e  i n t e r n e t  o f  t h i n g s  ( I o T )  a n d  c o n n e c t e d  l i g h t i n g  s y s t e m s  i n  i n d u s t r i a l  f a c i l i t i e s  a r e  s i g n i f i c a n t l y  c o n t r i b u t i n g  t o  t h e  
m a r k e t  g r o w t h .  F u r t h e r m o r e ,  t h e  e m e r g e n c e  o f  s m a r t  c i t i e s  a n d  t h e  o n g o i n g  t r e n d  o f  r e t r o f i t t i n g  e x i s t i n g  i n d u s t r i a l  i n f r a s t r u c t u r e s  w i t h  e n e r g y -
e f f i c i e n t  l i g h t i n g  s y s t e m s  a r e  a c c e l e r a t i n g  t h e  m a r k e t  g r o w t h .  I n  l i n e  w i t h  t h i s ,  t h e  d e c l i n i n g  p r i c e s  o f  L E D  l i g h t i n g  p r o d u c t s  a n d  t h e  e a s y  
a v a i l a b i l i t y  o f  c o s t - e f f e c t i v e  s o l u t i o n s  a r e  p o s i t i v e l y  i n f l u e n c i n g  t h e  m a r k e t  g r o w t h .  O t h e r  f a c t o r s ,  i n c l u d i n g  t h e  i n t e g r a t i o n  o f  l i g h t i n g  w i t h  o t h e r  
s m a r t  t e c h n o l o g i e s ,  s u c h  a s  s e n s o r s  a n d  c o n t r o l s ,  a n d  t h e  i n c r e a s i n g  f o c u s  o n  e n h a n c i n g  w o r k p l a c e  s a f e t y  a n d  p r o d u c t i v i t y ,  a r e  p r o p e l l i n g  t h e  
m a r k e t  g r o w t h .
L o o k i n g  f o r w a r d ,  t h e  m a r k e t  v a l u e  i s  p r o j e c t e d  t o  r e a c h  U S $  1 2 . 0  B i l l i o n  b y  2 0 2 8 ,  e x p a n d i n g  a t  a  C A G R  o f  4 . 9 5 %  d u r i n g  2 0 2 3 -
2 0 2 8 .
V i e w  R e p o r t  T O C ,  F i g u r e s  a n d  T a b l e s :  h t t p s : / / w w w . i m a r c g r o u p . c o m / i n d u s t r i a l - l i g h t i n g - m a r k e t
Breakup by Product Type:
• High/Low Bay L ight ing
• Flood/Area Light ing
 
Breakup by Light Source:
• LED
• High- Intensi ty Discharge (HID) Light ing
Report • Fluorescent L ight ing
Segmentation Breakup by Off ering:
• Lamps & Luminaries
• Control  Systems
• Services
Breakup by Type:
• New Instal lat ion
• Replacement Instal lat ion
• Retrofi t Insta l lat ion
Breakup by Application:
• Warehouse & Cold Storage
• Factory & Production Lines
• Outer Premises
• Parking Areas
Report 
• Hazardous Locat ions
Segmentation • Others
Breakup by Region:
• North America
• Asia-Pacifi c
• Europe
• Lat in America
• Middle East and Afr ica
• Acuity Brands Inc.
• Bajaj  E lectricals Ltd.  (Bajaj  Group)
• Dial ight plc
• Eaton Corporation PLC
Competitive 
• Elba SA
Landscape • Emerson Electric Co.
with Key • GE Current,  a Daintree Company
• LSI Industr ies Inc.
Players
• OSRAM Opto Semiconductors GmbH (OSRAM 
GmbH)
• Panasonic Corporation
• Wipro Lighting
• Zumtobel Group
How has the global industrial lighting market performed 
so far, and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in 
the global industrial lighting market?
What is the impact of each driver, restraint, and 
opportunity on the global industrial lighting market?
Key 
What are the key regional markets?
Questions 
Answered in Which countries represent the most attractive industrial lighting market?
the Report What is the breakup of the market based on the product 
type?
Which is the most attractive product type in the 
industrial lighting market?
What is the breakup of the market based on the light 
source?
Which is the most attractive light source in the 
industrial lighting market?
What is the breakup of the market based on the 
offering?
Which is the most attractive offering in the industrial 
lighting market?
Key What is the breakup of the market based on the type?
Questions Which is the most attractive type in the industrial 
lighting market?
Answered in 
What is the breakup of the market based on the 
application?
the Report
Which is the most attractive application in the industrial 
lighting market?
What is the competitive structure of the global 
industrial lighting market?
Who are the key players/companies in the global 
industrial lighting market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
        2 . 4 . 1     B o t t o m - U p  A p p r o a c h
Table of         2 . 4 . 2     T o p - D o w n  A p p r o a c h    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
    4 . 1     O v e r v i e w
Contents     4 . 2     K e y  I n d u s t r y  T r e n d s5     G l o b a l  I n d u s t r i a l  L i g h t i n g  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  P r o d u c t  T y p e
    6 . 1     H i g h / L o w  B a y  L i g h t i n g
        6 . 1 . 1  M a r k e t  T r e n d s
        6 . 1 . 2  M a r k e t  F o r e c a s t
    6 . 2     F l o o d / A r e a  L i g h t i n g
        6 . 2 . 1  M a r k e t  T r e n d s
        6 . 2 . 2  M a r k e t  F o r e c a s t
7    M a r k e t  B r e a k u p  b y  L i g h t  S o u r c e
    7 . 1     L E D
        7 . 1 . 1  M a r k e t  T r e n d s
        7 . 1 . 2  M a r k e t  F o r e c a s t
       
    7 . 2     H i g h - I n t e n s i t y  D i s c h a r g e  ( H I D )  L i g h t i n g
        7 . 2 . 1  M a r k e t  T r e n d s
        7 . 2 . 2  M a r k e t  F o r e c a s t
    7 . 3     F l u o r e s c e n t  L i g h t i n g
        7 . 3 . 1  M a r k e t  T r e n d s
        7 . 3 . 2  M a r k e t  F o r e c a s t
8    M a r k e t  B r e a k u p  b y  O f f e r i n g
    8 . 1     L a m p s  &  L u m i n a r i e s
        8 . 1 . 1  M a r k e t  T r e n d s
        8 . 1 . 2  M a r k e t  F o r e c a s t
Table of     8 . 2     C o n t r o l  S y s t e m s        8 . 2 . 1  M a r k e t  T r e n d s
        8 . 2 . 2  M a r k e t  F o r e c a s t
    8 . 3     S e r v i c e s
Contents         8 . 3 . 1  M a r k e t  T r e n d s        8 . 3 . 2  M a r k e t  F o r e c a s t
9    M a r k e t  B r e a k u p  b y  T y p e
    9 . 1     N e w  I n s t a l l a t i o n
        9 . 1 . 1  M a r k e t  T r e n d s
        9 . 1 . 2  M a r k e t  F o r e c a s t
    9 . 2     R e p l a c e m e n t  I n s t a l l a t i o n
        9 . 2 . 1  M a r k e t  T r e n d s
        9 . 2 . 2  M a r k e t  F o r e c a s t
    9 . 3     R e t r o f i t  I n s t a l l a t i o n
        9 . 3 . 1  M a r k e t  T r e n d s
        9 . 3 . 2  M a r k e t  F o r e c a s t
1 0   M a r k e t  B r e a k u p  b y  A p p l i c a t i o n
    1 0 . 1     W a r e h o u s e  &  C o l d  S t o r a g e
        1 0 . 1 . 1  M a r k e t  T r e n d s
        1 0 . 1 . 2  M a r k e t  F o r e c a s t
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
h t t p s : / / w w w. i m a rc g ro u p . c o m / i n d u s t r i a l - l i g h t i n g - m a r ke t / t o c
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