NEWS
NEWS
The market survey and estimation about LED industrial lights from 2021 to 2025
13-08-2022
The global size of LED industrial lighting market is expected to grow by USD 1.44 billion from 2021 to 2025. The increased Demand in the field of photography, interior designing, and similar areas has been growing each year with the growth of the population. However, the growth rate of the market will decelerate at a CAGR of 5.94% in coming years.
Based on the products, the LED Industrial Lighting Market has the following categories:
1)Task Lighting
2)Industrial Wall Lights
3)Accent Lighting
4)Vintage Industrial Lighting
5)Industrial Hanging Lights
6)Industrial Look Lighting
Based on the application, the Global Industrial Lighting Market has the following items:
1)Hotels & Restaurants
2)Factory & Production Lines
3)Hazardous Locations
4)Parking Areas
5)Outer Premises
6)Warehouse
Based on the region, the Industrial Lighting Market is divided into the following:
1)Europe
2)North America
3)Asia pacific
4)Rest of the world
Currently, north America still dominates the market trend.Europe is also expecting high growth in the Market Size.Asia Pacific is anticipated to occupy over 51% market share of LED industrial in coming years.This is because several manufacturing factories owned by some OEMs world are driving the growth of the Asian market, the market growth in Asia pacific is faster than the growth of the market in other regions.
The market growth of LED industrial lighting arisins from the phasing out of halogen, incandescent, fluorescent, and HID lamps. Halogen lamps consume more power than LED lights and make larger carbon emission. For this reason, many countries have legally banned the use of halogen lamps to promote the growth of energy-saving technologies such as LED work lights for industrial,commercial and driving applications.
Some of the major world-famous players in the LED industrial lighting market include:
Acuity Brands Inc.
Bridgelux Inc.
Cree Lighting
Dialight Plc
Eaton Corp. Plc
Hubbell Inc.
Koninklijke Philips NV
OSRAM GmbH
Wipro Ltd.
Zumtobel Group AG
Based on the products, the LED Industrial Lighting Market has the following categories:
1)Task Lighting
2)Industrial Wall Lights
3)Accent Lighting
4)Vintage Industrial Lighting
5)Industrial Hanging Lights
6)Industrial Look Lighting
Based on the application, the Global Industrial Lighting Market has the following items:
1)Hotels & Restaurants
2)Factory & Production Lines
3)Hazardous Locations
4)Parking Areas
5)Outer Premises
6)Warehouse
Based on the region, the Industrial Lighting Market is divided into the following:
1)Europe
2)North America
3)Asia pacific
4)Rest of the world
Currently, north America still dominates the market trend.Europe is also expecting high growth in the Market Size.Asia Pacific is anticipated to occupy over 51% market share of LED industrial in coming years.This is because several manufacturing factories owned by some OEMs world are driving the growth of the Asian market, the market growth in Asia pacific is faster than the growth of the market in other regions.
The market growth of LED industrial lighting arisins from the phasing out of halogen, incandescent, fluorescent, and HID lamps. Halogen lamps consume more power than LED lights and make larger carbon emission. For this reason, many countries have legally banned the use of halogen lamps to promote the growth of energy-saving technologies such as LED work lights for industrial,commercial and driving applications.
Some of the major world-famous players in the LED industrial lighting market include:
Acuity Brands Inc.
Bridgelux Inc.
Cree Lighting
Dialight Plc
Eaton Corp. Plc
Hubbell Inc.
Koninklijke Philips NV
OSRAM GmbH
Wipro Ltd.
Zumtobel Group AG
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