Industrial Lighting Market Report Update: 2030 Forecast and Trends (Business Opportunities - Marketing & Sales)

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Item ID 3823934 in Category: Business Opportunities - Marketing & Sales

Industrial Lighting Market Report Update: 2030 Forecast and Trends


Global Industrial Lighting Market was valued at USD 6.50 Billion in 2021 and is expected to reach USD 9.33 Billion by the year 2028, at a CAGR of 5.3%.

The industrial lighting market encompasses the manufacturing, distribution, and installation of lighting solutions tailored for industrial settings such as factories, warehouses, manufacturing plants, and outdoor industrial areas. These lighting fixtures are engineered to meet the specific requirements of industrial environments, offering robustness, durability, energy efficiency, and optimal illumination levels. They include a variety of lighting technologies such as LED, fluorescent, HID (High-Intensity Discharge), and induction lighting, each suited for different industrial applications and environments. Market dynamics are influenced by factors such as industrial expansion, regulatory standards for energy efficiency and safety, technological advancements in lighting solutions, and the growing demand for sustainable and cost-effective lighting systems. The industrial lighting market serves as a crucial component in enhancing productivity, safety, and efficiency across diverse industrial sectors worldwide.

Players Covered in Industrial Lighting market are:
Siemens, GE Lighting, Signify (formerly Philips Lighting), USHIO America Inc., Crompton Greaves Ltd., Acuity Brands Lighting Inc., Litetronics InternationalInc., Havells India Ltd, and OSRAM Gmbh, among and others major key players.

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Target Prov.: All Provinces
Target City : All Cities
Last Update : Feb 20, 2024 6:50 AM
Number of Views: 79
Item  Owner  : Akshay Patil
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