DUBLIN--(BUSINESS WIRE)--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.
The different segment of global industrial lighting market is classified as light source, application, offering, installation, products.
On the basis of light source, the LED segment is dominating the market.
On the basis of offering, the lamp and luminaries segment is dominating and likely to have the largest segment of market.
On the basis of installation type, new installation is likely to dominate the market segment due to rise in infrastructure development.
On the basis of application, 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, flood lighting/area lighting is dominating the market, while spot lighting is likely to grow with the highest CAGR during forecast period.
Key Topics Covered
2. Market Overview
3. Market Determinants
4. Global Industrial Lighting Market By Light Source
5. Global Industrial Lighting Market By Offering
6. Global Industrial Lighting Market By Installation Type
7. Global Industrial Lighting Market By Product
8. Global Industrial Lighting Market By Application
9. Competitive Landscape
10. Geographical Analysis
11. Company Profiles
- Acuity Brands Lighting, Inc. (US)
- Cree, Inc. (US)
- Digital Lumens, Inc. (Boston)
- Emerson (US)
- Fulham Co., Inc. (US)
- General Electric (US)
- Hubbell Lighting, Inc. (US)
- Led Engin, Inc. (China)
- Led Lighting Systems, Llc. (China)
- Legrand (France)
- Lumenpulse Group (Canada)
- Osram Licht AG (Germany)
- Philips Lighting Holding B.V. (Netherlands)
- Toyoda Gosei Co., Ltd. (Japan)
- Zumtobel Group (Austria)
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