Global Lighting Market Expected to Grow at 7.9% through 2024

The “Global Industrial Lighting Market – Technologies, Market share and Industry Forecast to 2024” report has been added to ResearchAndMarkets.com’s offering.

Global industrial lighting market is expected to grow at CAGR of 7.9% during forecast period 2017-2024.

Increasing modernization and infrastructural development, growing penetration of LEDS, due to reducing price across diversified industrial applications, durability of LED lights for industrial usage, and low energy consumption by LEDs for warfare operations are driving global industrial lighting market.

However, lack of standardization across industries, and high cost of equipment and implementation are restraining the market growth. Furthermore, development of wireless control platforms for LED, and use of LEDs in wireless data transfer are creating opportunities for the market.

Geographically, Europe is dominating global industrial lighting market during forecast period 2017-2024. Government regulations is favoring to back growth of industrial LED lighting. With the rise in consumption of energy and awareness for rising carbon emissions have compelled governments to take strict measures to select efficient lighting. These measures are subsequently, driving the take-up of LED lighting in the region. Moreover, the growing awareness regarding the benefits of LED lighting is propelling the demand for these lighting.

Furthermore, Asia Pacific is the fastest growing region in global industrial lighting market during forecast period owing high infrastructure and industrial development and the need for energy-efficient lighting technologies across various applications in industrial segment including factory and production lines, and parking spaces in the region.

The different segment of global industrial lighting market is classified as light source, application, offering, installation, products.

On the basis of light source, market has been classified into LED Lighting, High Intensity Discharge (HID) Lighting, Fluorescent Lighting, and Others. The LED segment is dominating the market.

On the basis of offering, the market has been classified into lamps & luminaries, control systems, and services. The lamp and luminaries segment is dominating and likely to have the largest segment of market.

On the basis of installation type, the market is classified into new installation, replacement installation, and retrofit installation. New installation is likely to dominate the market segment due to rise in infrastructure development.

On the basis of application, market is classified into warehouse & cold storage, factory & production lines, outer premises, parking areas, hazardous locations, and others. Factory and production lines are moving up to basic lighting arrangements, for instance, LEDs lighting arrangement, to get a quick payback on their venture through enhanced light quality and control.

On the basis of product, market is classified into industrial linear lighting, spot lighting, flood lighting/area lighting, and high bay lighting. Flood lighting/area lighting is dominating the market, while spot lighting is likely to grow with the highest CAGR during forecast period.

The growth in global industrial lighting market is also influenced by the presence of major players such as Philips Lighting Holding B.V. (Netherlands), Osram Licht AG (Germany), Acuity Brands Lighting Inc. (U.S.), Zumtobel Group AG (Austria), Hubbell Lighting, Inc. (U.S.) and others. Product launches, merger & acquisition, partnership, joint venture are some crucial strategies adopted by the major players to gain competitive advantage.

Key Topics Covered

1.Introduction

1.1.Executive Summary

1.2.Estimation Methodology



2.Market Overview

2.1.Global Industrial Lighting Market: Evolution & Transition

2.2.Market Definition & Scope

2.3.Industry Structure

2.4.Regulatory Framework

2.5.Total Market Analysis

2.5.1.Top 5 Findings

2.5.2.Top 5 Opportunity Markets

2.5.3.Top 5 Companies

2.5.4.Top 3 Competitive Strategies

2.6.Estimation Analysis

2.7.Strategic Analysis

2.7.1.Investment Vs. Adoption Model

2.7.2.360-Degree Industry Analysis

2.7.3.Porter’S 5 Force Model

2.7.4.See-Saw Analysis

2.7.5.Consumer Analysis And Key Buying Criteria

2.8.Competitive Analysis

2.8.1.Key Strategies & Analysis

2.8.2.Market Share Analysis And Top Market Analysis

2.9.Strategic Recommendations & Key Conclusions

2.9.1.Investment Opportunities By Regions

2.9.2.Opportunities In Emerging Applications

2.9.3.Investment Opportunity In Fastest Growing Segment



3.Market Determinants 

3.1.Market Drivers

3.1.1.Increasing Modernization And Infrastructural Development

3.1.2.Growing Penetration Of Leds Across Diversified Industrial Applications

3.1.3.Durability Of Led Lights For Industrial Usage

3.1.4.Low Energy Consumption By Leds For Warfare Operations

3.2.Market Restraints

3.2.1.Lack Of Standardization Across Industries

3.2.2.High Cost Of Equipment And Implementation

3.3.Market Opportunities

3.3.1.Development Of Wireless Control Platforms For Leds

3.3.2.Use Of Leds In Wireless Data Transfer

3.4. Market Challenges 

3.4.1.Low Profit Margin Of Led Lighting Products



4.Global Industrial Lighting Market By Light Source

4.1.Market Definition And Scope

4.2.Decision Support Database & Estimation Methodology

4.3.Comparative Analysis Across Market Segments

4.4.Opportunity Matrix

4.5.Market Segmentation 

4.5.1.Global Led Lighting Market

4.5.1.1.Adoption Scenario & Market Determinants

4.5.1.2.Market Estimations And Forecasts 2015-2024 ($ Million)

4.5.1.3.Key Players & Key Products 

4.5.1.4.Key Conclusions

4.5.2.Global High Intensity Discharge (Hid) Lighting Market 

4.5.2.1.Adoption Scenario & Market Determinants

4.5.2.2.Market Estimations And Forecasts 2015-2024 ($ Million)

4.5.2.3.Key Players & Key Products 

4.5.2.4.Key Conclusions

4.5.3.Global Fluorescent Lighting Market 

4.5.3.1.Adoption Scenario & Market Determinants

4.5.3.2.Market Estimations And Forecasts 2015-2024 ($ Million)

4.5.3.3.Key Players & Key Products 

4.5.3.4.Key Conclusions

4.5.4.Global Others Market 

4.5.4.1.Adoption Scenario & Market Determinants

4.5.4.2.Market Estimations And Forecasts 2015-2024 ($ Million)

4.5.4.3.Key Players & Key Products 

4.5.4.4.Key Conclusions



5.Global Industrial Lighting Market By Offering 

5.1.Market Definition And Scope

5.2.Decision Support Database & Estimation Methodology

5.3.Comparative Analysis Across Market Segments

5.4.Opportunity Matrix

5.5.Market Segmentation 

5.5.1.Global Lamps & Luminaires Market 

5.5.1.1.Adoption Scenario & Market Determinants

5.5.1.2.Market Estimations And Forecasts 2015-2024 ($ Million)

5.5.1.3.Key Players & Key Products 

5.5.1.4.Key Conclusions

5.5.2.Global Control Systems Market 

5.5.2.1.Adoption Scenario & Market Determinants

5.5.2.2.Market Estimations And Forecasts 2015-2024 ($ Million)

5.5.2.3.Key Players & Key Products 

5.5.2.4.Key Conclusions

5.5.3.Global Services Market

5.5.3.1.Adoption Scenario & Market Determinants

5.5.3.2.Market Estimations And Forecasts 2015-2024 ($ Million)

5.5.3.3.Key Players & Key Products 

5.5.3.4.Key Conclusions



6.Global Industrial Lighting Market By Installation Type

6.1.Market Definition And Scope

6.2.Decision Support Database & Estimation Methodology

6.3.Comparative Analysis Across Market Segments

6.4.Opportunity Matrix

6.5.Market Segmentation 

6.5.1. Global New Installation Market

6.5.1.1.Adoption Scenario & Market Determinants

6.5.1.2.Market Estimations And Forecasts 2015-2024 ($ Million)

6.5.1.3.Key Players & Key Products 

6.5.1.4.Key Conclusions

6.5.2.Global Replacement Installation Market 

6.5.2.1.Adoption Scenario & Market Determinants

6.5.2.2.Market Estimations And Forecasts 2015-2024 ($ Million)

6.5.2.3.Key Players & Key Products 

6.5.2.4.Key Conclusions

6.5.3.Global Retrofit Installation Market 

6.5.3.1.Adoption Scenario & Market Determinants

6.5.3.2.Market Estimations And Forecasts 2015-2024 ($ Million)

6.5.3.3.Key Players & Key Products 

6.5.3.4.Key Conclusions



7.Global Industrial Lighting Market By Product 

7.1.Market Definition And Scope

7.2.Decision Support Database & Estimation Methodology

7.3.Comparative Analysis Across Market Segments

7.4.Opportunity Matrix

7.5.Market Segmentation 

7.5.1.Global Industrial Linear Lighting Market

7.5.1.1.Adoption Scenario & Market Determinants

7.5.1.2.Market Estimations And Forecasts 2015-2024 ($ Million)

7.5.1.3.Key Players & Key Products 

7.5.1.4.Key Conclusions

7.5.2.Global Spot Lighting Market 

7.5.2.1.Adoption Scenario & Market Determinants

7.5.2.2.Market Estimations And Forecasts 2015-2024 ($ Million)

7.5.2.3.Key Players & Key Products 

7.5.2.4.Key Conclusions

7.5.3.Global Flood Lighting/Area Lighting Market

7.5.3.1.Adoption Scenario & Market Determinants

7.5.3.2.Market Estimations And Forecasts 2015-2024 ($ Million)

7.5.3.3.Key Players & Key Products 

7.5.3.4.Key Conclusions

7.5.4.Global High Bay Lighting Market 

7.5.4.1.Adoption Scenario & Market Determinants

7.5.4.2.Market Estimations And Forecasts 2015-2024 ($ Million)

7.5.4.3.Key Players & Key Products 

7.5.4.4.Key Conclusions



8.Global Industrial Lighting Market By Application

8.1.Market Definition And Scope

8.2.Decision Support Database & Estimation Methodology

8.3.Comparative Analysis Across Market Segments

8.4.Opportunity Matrix

8.5.Market Segmentation 

8.5.1. Global Warehouse & Cold Storage Market

8.5.1.1.Adoption Scenario & Market Determinants

8.5.1.2.Market Estimations And Forecasts 2015-2024 ($ Million)

8.5.1.3.Key Players & Key Products 

8.5.1.4.Key Conclusions

8.5.2.Global Factory & Production Lines Market 

8.5.2.1.Adoption Scenario & Market Determinants

8.5.2.2.Market Estimations And Forecasts 2015-2024 ($ Million)

8.5.2.3.Key Players & Key Products 

8.5.2.4.Key Conclusions

8.5.3.Global Outer Premises Market

8.5.3.1.Adoption Scenario & Market Determinants

8.5.3.2.Market Estimations And Forecasts 2015-2024 ($ Million)

8.5.3.3.Key Players & Key Products 

8.5.3.4.Key Conclusions

8.5.4.Global Parking Areas Market 

8.5.4.1.Adoption Scenario & Market Determinants

8.5.4.2.Market Estimations And Forecasts 2015-2024 ($ Million)

8.5.4.3.Key Players & Key Products 

8.5.4.4.Key Conclusions

8.5.5.Global Hazardous Locations Market

8.5.5.1.Adoption Scenario & Market Determinants

8.5.5.2.Market Estimations And Forecasts 2015-2024 ($ Million)

8.5.5.3.Key Players & Key Products 

8.5.5.4.Key Conclusions

8.5.6.Global Other Market 

8.5.6.1.Adoption Scenario & Market Determinants

8.5.6.2.Market Estimations And Forecasts 2015-2024 ($ Million)

8.5.6.3.Key Players & Key Products 

8.5.6.4.Key Conclusions



9.Competitive Landscape

9.1.Key Strategies

9.1.1.List Of Mergers And Acquisitions

9.1.2.List Of Joint Ventures

9.1.3.List Of Product Launches

9.1.4.List Of Partnerships



10.Geographical Analysis

10.1.Decision Support Database & Estimation Methodology

10.2.Comparative Analysis Across Market Segments

10.3.Opportunity Matrix

10.4.Global Industrial Lighting Market By Region 2015-2024 ($ Million)

10.4.1.North America

10.4.1.1.Industry Analysis 2015-2024 ($ Million)

10.4.1.2.Top Country Analysis

10.4.1.2.1.U.S. 

10.4.1.2.1.1.Market Estimations And Forecasts 2015-2024 ($ Million)

10.4.1.2.1.2.Key Players & Key Products

10.4.1.2.1.3.Key Conclusions

10.4.1.2.2.Canada

10.4.1.2.2.1.Market Estimations And Forecasts 2015-2024 ($ Million)

10.4.1.2.2.2.Key Players & Key Products

10.4.1.2.2.3.Key Conclusions

10.4.2.Europe

10.4.2.1.Industry Analysis 2015-2024 ($ Million)

10.4.2.2.Top Country Analysis

10.4.2.2.1.UK

10.4.2.2.1.1.Market Estimations And Forecasts 2015-2024 ($ Million)

10.4.2.2.1.2.Key Players & Key Products

10.4.2.2.1.3.Key Conclusions

10.4.2.2.2.France

10.4.2.2.2.1.Market Estimations And Forecasts 2015-2024 ($ Million)

10.4.2.2.2.2.Key Players & Key Products

10.4.2.2.2.3.Key Conclusions

10.4.2.2.3.Germany

10.4.2.2.3.1.Market Estimations And Forecasts 2015-2024 ($ Million)

10.4.2.2.3.2.Key Players & Key Products

10.4.2.2.3.3.Key Conclusions

10.4.2.2.4.Spain

10.4.2.2.4.1.Market Estimations And Forecasts 2015-2024 ($ Million)

10.4.2.2.4.2.Key Players & Key Products

10.4.2.2.4.3.Key Conclusions

10.4.2.2.5.Rest Of Europe

10.4.2.2.5.1.Market Estimations And Forecasts 2015-2024 ($ Million)

10.4.2.2.5.2.Key Players & Key Products

10.4.2.2.5.3.Key Conclusions

10.4.3.Asia Pacific

10.4.3.1.1.1.Industry Analysis 2015-2024 ($ Million)

10.4.3.1.1.2.Top Country Analysis

10.4.3.1.2.China

10.4.3.1.2.1.Market Estimations And Forecasts 2015-2024 ($ Million)

10.4.3.1.2.2.Key Players & Key Products

10.4.3.1.2.3.Key Conclusions

10.4.3.1.3.India

10.4.3.1.3.1.Market Estimations And Forecasts 2015-2024 ($ Million)

10.4.3.1.3.2.Key Players & Key Products

10.4.3.1.3.3.Key Conclusions

10.4.3.1.4.Japan

10.4.3.1.4.1.Market Estimations And Forecasts 2015-2024 ($ Million)

10.4.3.1.4.2.Key Players & Key Products

10.4.3.1.4.3.Key Conclusions

10.4.3.1.5.Australia

10.4.3.1.5.1.Market Estimations And Forecasts 2015-2024 ($ Million)

10.4.3.1.5.2.Key Players & Key Products

10.4.3.1.5.3.Key Conclusions

10.4.3.1.6.Rest Of Asia Pacific

10.4.3.1.6.1.Market Estimations And Forecasts 2015-2024 ($ Million)

10.4.3.1.6.2.Key Players & Key Products

10.4.3.1.6.3.Key Conclusions

10.4.4.Row

10.4.4.1.1.1.Industry Analysis 2015-2024 ($ Million)

10.4.4.1.1.2.Top Country Analysis

10.4.4.1.2.Latin America

10.4.4.1.2.1.Market Estimations And Forecasts 2015-2024 ($ Million)

10.4.4.1.2.2.Key Players & Key Products

10.4.4.1.2.3.Key Conclusions

10.4.4.1.3.Middle East & Africa 

10.4.4.1.3.1.Market Estimations And Forecasts 2015-2024 ($ Million)

10.4.4.1.3.2.Key Players & Key Products

10.4.4.1.3.3.Key Conclusions



11.Company Profiles

11.1.Acuity Brands Lighting, Inc. (US)

11.1.1.Overview

11.1.2.Product Portfolio

11.1.3.Strategic Initiatives 

11.1.4.Scot Analysis

11.1.5.Strategic Analysis

11.2.Cree, Inc. (US)

11.2.1.Overview

11.2.2.Product Portfolio

11.2.3.Strategic Initiatives 

11.2.4.Scot Analysis

11.2.5.Strategic Analysis

11.3.Digital Lumens, Inc. (Boston)

11.3.1.Overview

11.3.2.Product Portfolio

11.3.3.Strategic Initiatives 

11.3.4.Scot Analysis

11.3.5.Strategic Analysis

11.4.Emerson (US)

11.4.1.Overview

11.4.2.Product Portfolio

11.4.3.Strategic Initiatives 

11.4.4.Scot Analysis

11.4.5.Strategic Analysis

11.5.Fulham Co., Inc. (US)

11.5.1.Overview

11.5.2.Product Portfolio

11.5.3.Strategic Initiatives 

11.5.4.Scot Analysis

11.5.5.Strategic Analysis

11.6.General Electric (US)

11.6.1.Overview

11.6.2.Product Portfolio

11.6.3.Strategic Initiatives 

11.6.4.Scot Analysis

11.6.5.Strategic Analysis

11.7.Hubbell Lighting, Inc. (US)

11.7.1.Overview

11.7.2.Product Portfolio

11.7.3.Strategic Initiatives 

11.7.4.Scot Analysis

11.7.5.Strategic Analysis

11.8.Led Engin, Inc. (China)

11.8.1.Overview

11.8.2.Product Portfolio

11.8.3.Strategic Initiatives 

11.8.4.Scot Analysis

11.8.5.Strategic Analysis

11.9.Led Lighting Systems, Llc. (China)

11.9.1.Overview

11.9.2.Product Portfolio

11.9.3.Strategic Initiatives 

11.9.4.Scot Analysis

11.9.5.Strategic Analysis

11.10.Legrand (France)

11.10.1.Overview

11.10.2.Product Portfolio

11.10.3.Strategic Initiatives 

11.10.4.Scot Analysis

11.10.5.Strategic Analysis

11.11.Lumenpulse Group (Canada)

11.11.1.Overview

11.11.2.Product Portfolio

11.11.3.Strategic Initiatives 

11.11.4.Scot Analysis

11.11.5.Strategic Analysis

11.12.Osram Licht AG (Germany)

11.12.1.Overview

11.12.2.Product Portfolio

11.12.3.Strategic Initiatives 

11.12.4.Scot Analysis

11.12.5.Strategic Analysis

11.13.Philips Lighting Holding B.V. (Netherlands)

11.13.1.Overview

11.13.2.Product Portfolio

11.13.3.Strategic Initiatives 

11.13.4.Scot Analysis

11.14.Toyoda Gosei Co., Ltd. (Japan)

11.14.1.Overview

11.14.2.Product Portfolio

11.14.3.Strategic Initiatives 

11.14.4.Scot Analysis

11.15.Zumtobel Group (Austria)

11.15.1.Overview

11.15.2.Product Portfolio

11.15.3.Strategic Initiatives 

11.15.4.Scot Analysis

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