The Industrial And Commercial LED Lighting Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Industrial And Commercial LED Lighting Market?
The market size of the industrial and commercial LED lighting has seen significant growth recently. It is projected to increase from $64.36 billion in 2024 to $77.98 billion in 2025, with a compound annual growth rate (CAGR) of 21.1%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Industrial And Commercial LED Lighting Industry?
The Industrial And Commercial LED Lighting Global Market is predicted to grow to a market size of $165.32 billion by the year 2029, with a compound annual growth rate (CAGR) of 20.7%.
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What are the Key Growth Drivers Fueling the Industrial And Commercial LED Lighting Market?
The key drivers in the industrial and commercial led lighting market are:
• Increasing focus on the development of smart cities
• Integration of Internet of Things (IoT) in lighting systems
• Transition to and growth in the demand for human-centric lighting
• Retrofitting traditional lighting systems with LEDs and the demand for more customization and design flexibility
Global Market Segmentation: Identifying Major Industrial And Commercial LED Lighting Industry Segments
The industrial and commercial LED lighting market covered in this report is segmented –
1) By Product Type: LED Lamps, LED Fixtures
2) By Installation: New Installation, Retrofit
3) By Distribution: Direct Sales, Online Stores, Specialty Stores, Other Distribution Channels
4) By Application: Retail, Manufacturing, Hospitality, Warehouses And Storage, Office Buildings, Other Applications
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What are the Emerging Trends Shaping the Future of the Industrial And Commercial LED Lighting Market?
The key trends in the industrial and commercial led lighting market are:
• The shift towards LED lighting embedded with advanced technological advancements is shaping the market trends.
• There's an increasing adoption of smart lighting systems in the commercial and industrial sector.
• The transition to human-centric lighting is another significant upcoming trend in the market.
• Advanced lighting controls and Li-Fi integration are also noteworthy trends influencing the LED lighting market.
Who Are the Top Competitors & Leading Players in the Industrial And Commercial LED Lighting Market?
Major companies in the industrial and commercial led lighting market are:
• Samsung Electronics Co. Ltd.
• General Electric Company
• Panasonic Corporation
• Schneider Electric SE
• Honeywell International Inc.
• ABB Ltd.
• Toshiba Corporation
• Eaton Corporation plc
• Koninklijke Philips NV
• Emerson Electric Co.
• Wipro Ltd.
• Legrand S.A.
• Signify N.V.
• Osram Licht AG
• Hubbell Incorporated
• ams-OSRAM AG
• Acuity Brands Inc.
• Stanley Electric Co. Ltd.
• Havells Ltd.
• Leviton Manufacturing Company Inc.
• Zumtobel Group
• IDEAL INDUSTRIES INC.
• Lutron Electronics
• The Jaquar Group
• Syska Hennessy Group
• Dialight plc
• Digital Lumens Inc.
• Deco Lighting Inc.
• Litetronics International Inc.
• Current Lighting Solutions LLC
Regional Dominance: Which Area Leads the Global Template Market?
Asia-Pacific was the largest region in the industrial and commercial LED lighting market in 2024
