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industrial and Commercial LED Lighting Market by Product, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2021-2030

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    Report

  • 225 Pages
  • March 2022
  • Region: Global
  • Allied Market Research
  • ID: 5578299
The global industrial and commercial LED lighting market size was valued at $29.90 billion in 2020, and is projected to reach $172.95 billion by 2030, growing at a CAGR of 18.1% from 2021 to 2030. The light generated by an incandescent light bulb filament is a result of the electrical energy getting converted into heat energy, which is then converted into light energy. A light-emitting diode (LED) is a semiconductor light source that converts electrical energy directly into light energy. These devices are often used in lamps as a replacement of incandescent light sources.



Factors such as increase in demand for cost-effective and energy-saving LED lighting, government campaign towards LED adoption to curb cost and pollution, and increase in need for replacing traditional lighting are expected to fuel growth of the industrial and commercial LED lighting market. However, voltage sensitivity and temperature dependency are expected to hinder the market growth. Conversely, surge in need for smart lighting is expected to offer lucrative opportunities for the market globally.

The global industrial and commercial LED lighting market size is segmented on the basis of product, application, end user, and region. By product, the market is categorized into LED lamps and LED fixtures. The applications covered in this report include indoor lighting and outdoor lighting. The end users discussed in this study are industrial and commercial. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The major companies profiled in the report include Wolfspeed, Inc., Deco Lighting, Inc., Dialight PLC, Eaton Corporation, General Electric Company, Koninklijke Philips N.V., Osram Licht AG, Syska, Toshiba Corporation (Toshiba TEC Corporation), and Zumtobel Group.

Key Market Segments


By Product Type

  • LED Lamps
  • LED Fixtures

By Application

  • Indoor Lighting
  • Outdoor Lighting

By End User

  • Industrial
  • Commercial

By Region

  • North America
  • US
  • Mexico
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Russia
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

KEY MARKET PLAYERS

  • Wolfspeed, Inc
  • Deco Lighting, Inc
  • Dialight PLC
  • Eaton Corporation
  • General Electric Company
  • Koninklijke Philips NV
  • Osram Licht AG
  • Syska
  • Toshiba Corporation (Toshiba TEC Corporation)
  • Zumtobel Group

Table of Contents

Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits for Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
Chapter 2: Executive Summary
2.1. Cxo Perspective
Chapter 3: Market Overview
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Impacting Factors
3.2.2. Top Investment Pockets
3.2.3. Top Winning Strategies
3.3. Porter’S Five Forces Analysis
3.4. Market Share Analysis (2020)
3.5. Market Dynamics
3.5.1. Drivers
3.5.1.1. High Demand for Cost-Effective & Energy-Saving Led Lighting
3.5.1.2. Government Campaign Toward Led Adoption
3.5.1.3. Surge in Need to Replace Traditional Lighting
3.5.2. Restraint
3.5.2.1. Voltage Sensitivity & Temperature Dependence
3.5.3. Opportunity
3.5.3.1. Increase in Adoption of Smart Lighting
Chapter 4: Industrial and Commercial Led Lighting Market, by Product
4.1. Overview
4.2. Led Lamps
4.2.1. Key Market Trends, Growth Factors, and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.3. Market Analysis, by Country
4.3. Led Fixture
4.3.1. Key Market Trends, Growth Factors, and Opportunities
4.3.2. Market Size and Forecast, by Region
4.3.3. Market Analysis, by Country
Chapter 5: Industrial and Commercial Led Lighting Market, by Application
5.1. Overview
5.2. Indoor Lightning
5.2.1. Key Market Trends, Growth Factors, and Opportunities
5.2.2. Market Size and Forecast, by Region
5.2.3. Market Analysis, by Country
5.3. Outdoor Lightning
5.3.1. Key Market Trends, Growth Factors, and Opportunities
5.3.2. Market Size and Forecast, by Region
5.3.3. Market Analysis, by Country
Chapter 6: Industrial and Commercial Led Lighting Market, by End-user
6.1. Overview
6.2. Industrial
6.2.1. Key Market Trends, Growth Factors, and Opportunities
6.2.2. Market Size and Forecast, by Region
6.2.3. Market Analysis, by Country
6.3. Commercial
6.3.1. Key Market Trends, Growth Factors, and Opportunities
6.3.2. Market Size and Forecast, by Region
6.3.3. Market Analysis, by Country
Chapter 7: Industrial and Commercial Led Lighting Market, by Region
7.1. Overview
7.2. North America
7.2.1. Key Market Trends, Growth Factors, and Opportunities
7.2.2. Market Size and Forecast, by Product
7.2.3. Market Size and Forecast, by Application
7.2.4. Market Size and Forecast, by End-user
7.2.5. Market Size and Forecast, by Country
7.2.6. Market Analysis, by Country
7.2.6.1. U. S.
7.2.6.1.1. Market Size and Forecast, by Product
7.2.6.1.2. Market Size and Forecast, by Application
7.2.6.1.3. Market Size and Forecast, by End-user
7.2.6.2. Canada
7.2.6.2.1. Market Size and Forecast, by Product
7.2.6.2.2. Market Size and Forecast, by Application
7.2.6.2.3. Market Size and Forecast, by End-user
7.2.6.3. Mexico
7.2.6.3.1. Market Size and Forecast, by Product
7.2.6.3.2. Market Size and Forecast, by Application
7.2.6.3.3. Market Size and Forecast, by End-user
7.3. Europe
7.3.1. Key Market Trends, Growth Factors, and Opportunities
7.3.2. Market Size and Forecast, by Product
7.3.3. Market Size and Forecast, by Application
7.3.4. Market Size and Forecast, by End-user
7.3.5. Market Size and Forecast, by Country
7.3.6. Market Analysis, by Country
7.3.6.1. Germany
7.3.6.1.1. Market Size and Forecast, by Product
7.3.6.1.2. Market Size and Forecast, by Application
7.3.6.1.3. Market Size and Forecast, by End-user
7.3.6.2. France
7.3.6.2.1. Market Size and Forecast, by Product
7.3.6.2.2. Market Size and Forecast, by Application
7.3.6.2.3. Market Size and Forecast, by End-user
7.3.6.3. Uk
7.3.6.3.1. Market Size and Forecast, by Product
7.3.6.3.2. Market Size and Forecast, by Application
7.3.6.3.3. Market Size and Forecast, by End-user
7.3.6.4. Russia
7.3.6.4.1. Market Size and Forecast, by Product
7.3.6.4.2. Market Size and Forecast, by Application
7.3.6.4.3. Market Size and Forecast, by End-user
7.3.6.5. Rest of Europe
7.3.6.5.1. Market Size and Forecast, by Product
7.3.6.5.2. Market Size and Forecast, by Application
7.3.6.5.3. Market Size and Forecast, by End-user
7.4. Asia-Pacific
7.4.1. Key Market Trends, Growth Factors, and Opportunities
7.4.2. Market Size and Forecast, by Product
7.4.3. Market Size and Forecast, by Application
7.4.4. Market Size and Forecast, by End-user
7.4.5. Market Size and Forecast, by Country
7.4.6. Market Analysis, by Country
7.4.6.1. Japan
7.4.6.1.1. Market Size and Forecast, by Product
7.4.6.1.2. Market Size and Forecast, by Application
7.4.6.1.3. Market Size and Forecast, by End-user
7.4.6.2. China
7.4.6.2.1. Market Size and Forecast, by Product
7.4.6.2.2. Market Size and Forecast, by Application
7.4.6.2.3. Market Size and Forecast, by End-user
7.4.6.3. Australia
7.4.6.3.1. Market Size and Forecast, by Product
7.4.6.3.2. Market Size and Forecast, by Application
7.4.6.3.3. Market Size and Forecast, by End-user
7.4.6.4. India
7.4.6.4.1. Market Size and Forecast, by Product
7.4.6.4.2. Market Size and Forecast, by Application
7.4.6.4.3. Market Size and Forecast, by End-user
7.4.6.5. Rest of Asia-Pacific
7.4.6.5.1. Market Size and Forecast, by Product
7.4.6.5.2. Market Size and Forecast, by Application
7.4.6.5.3. Market Size and Forecast, by End-user
7.5. Lamea
7.5.1. Key Market Trends, Growth Factors, and Opportunities
7.5.2. Market Size and Forecast, by Product
7.5.3. Market Size and Forecast, by Application
7.5.4. Market Size and Forecast, by End-user
7.5.5. Market Size and Forecast, by Country
7.5.6. Market Analysis, by Country
7.5.6.1. Latin America
7.5.6.1.1. Market Size and Forecast, by Product
7.5.6.1.2. Market Size and Forecast, by Application
7.5.6.1.3. Market Size and Forecast, by End-user
7.5.6.2. Middle East
7.5.6.2.1. Market Size and Forecast, by Product
7.5.6.2.2. Market Size and Forecast, by Application
7.5.6.2.3. Market Size and Forecast, by End-user
7.5.6.3. Africa
7.5.6.3.1. Market Size and Forecast, by Product
7.5.6.3.2. Market Size and Forecast, by Application
7.5.6.3.3. Market Size and Forecast, by End-user
Chapter 8: Company Profile
8.1. Wolfspeed, Inc. (Cree, Inc.)
8.1.1. Company Overview
8.1.2. Key Executives
8.1.3. Company Snapshot
8.1.4. Operating Business Segments
8.1.5. Product Portfolio
8.1.6. R&D Expenditure
8.1.7. Business Performance
8.1.8. Key Strategic Moves and Developments
8.2. Deco Lighting, Inc.
8.2.1. Company Overview
8.2.2. Key Executives
8.2.3. Company Snapshot
8.2.4. Product Portfolio
8.2.5. Key Strategic Moves and Developments
8.3. Dialight.
8.3.1. Company Overview
8.3.2. Key Executives
8.3.3. Company Snapshot
8.3.4. Operating Business Segments
8.3.5. Product Portfolio
8.3.6. R&D Expenditure
8.3.7. Business Performance
8.3.8. Key Strategic Moves and Developments
8.4. Eaton Corporation.
8.4.1. Company Overview
8.4.2. Key Executives
8.4.3. Company Snapshot.
8.4.2. Product Portfolio
8.4.3. R&D Expenditure
8.4.4. Business Performance
8.4.5. Key Strategic Moves and Developments
8.5. General Electric Co.
8.5.1. Company Overview
8.5.2. Key Executives
8.5.3. Company Snapshot
8.5.4. Operating Business Segments
8.5.5. Product Portfolio
8.5.6. R&D Expenditure
8.5.7. Business Performance
8.6. Koninklijke Philips N. V.
8.6.1. Company Overview
8.6.2. Key Executives
8.6.3. Company Snapshot
8.6.4. Operating Business Segments
8.6.5. Product Portfolio
8.6.6. R&D Expenditure
8.6.7. Business Performance
8.7. Osram Licht Ag.
8.7.1. Company Overview
8.7.2. Key Executives
8.7.3. Company Snapshot
8.7.4. Operating Business Segments
8.7.5. Product Portfolio
8.7.6. Business Performance
8.7.7. Key Strategic Moves and Developments
8.8. Syska.
8.8.1. Company Overview
8.8.2. Key Executive
8.8.3. Company Snapshot
8.8.4. Product Portfolio
8.8.5. Key Strategic Moves and Developments
8.9. Toshiba Corporation
8.9.1. Company Overview
8.9.2. Key Executives
8.9.3. Company Snapshot
8.9.4. Operating Business Segments
8.9.5. Product Portfolio
8.9.6. R&D Expenditure
8.9.7. Business Performance
8.9.8. Key Strategic Moves and Developments
8.10. Zumtobel Group.
8.10.1. Company Overview
8.10.2. Key Executives
8.10.3. Company Snapshot
8.10.4. Operating Business Segments
8.10.5. Product Portfolio
8.10.6. R&D Expenditure
8.10.7. Business Performance
List of Tables
Table 01. Global Industrial and Commercial Led Lighting Market, by Product, 2020-2030 ($Million)
Table 02. Industrial and Commercial Led Lamps Market Revenue, by Region, 2020–2030 ($Million)
Table 03. Industrial and Commercial Led Fixture Market Revenue, by Region, 2020–2030 ($Million)
Table 04. Global Industrial and Commercial Led Lighting Market, by Application, 2020-2030 ($Million)
Table 05. Industrial and Commercial Indoor Led Lighting Market Revenue, by Region, 2020–2030 ($Million)
Table 06. Industrial and Commercial Outdoor Led Lighting Market Revenue, by Region, 2020–2030 ($Million)
Table 07. Global Industrial and Commercial Led Lighting Market, by End-user, 2020-2030 ($Million)
Table 08. Led Lighting Market Revenue for Industrial Sector, by Region, 2020–2030 ($Million)
Table 09. Led Lighting Market Revenue for Commerical Sector, by Region, 2020–2030 ($Million)
Table 10. Industrial and Commercial Led Lighting Market, by Region, 2020–2030 ($Million)
Table 11. North American Industrial and Commercial Led Lighting Market, by Product, 2020–2030 ($Million)
Table 12. North American Industrial and Commercial Led Lighting Market, by Application, 2020–2030 ($Million)
Table 13. North American Industrial and Commercial Led Lighting Market, by End-user, 2020–2030 ($Million)
Table 14. North American Industrial and Commercial Led Lighting Market, by Country, 2020–2030 ($Million)
Table 15. U.S Industrial and Commercial Led Lighting Market, by Product, 2020–2030 ($Million)
Table 16. U.S Industrial and Commercial Led Lighting Market, by Applicationapplication, 2020–2030 ($Million)
Table 17. U.S Industrial and Commercial Led Lighting Market, by End-user, 2020–2030 ($Million)
Table 18. Canada Industrial and Commercial Led Lighting Market, by Product, 2020–2030 ($Million)
Table 19. Canada Industrial and Commercial Led Lighting Market, by Applicationapplication, 2020–2030 ($Million)
Table 20. Canada Industrial and Commercial Led Lighting Market, by End-user, 2020–2030 ($Million)
Table 21. Mexico Industrial and Commercial Led Lighting Market, by Product, 2020–2030 ($Million)
Table 22. Mexico Industrial and Commercial Led Lighting Market, by Application, 2020–2030 ($Million)
Table 23. Mexico Industrial and Commercial Led Lighting Market, by End-user, 2020–2030 ($Million)
Table 24. European Industrial and Commercial Led Lighting Market, by Product, 2020–2030 ($Million)
Table 25. European Industrial and Commercial Led Lighting Market, by Application, 2020–2030 ($Million)
Table 26. European Industrial and Commercial Led Lighting Market, by End-user, 2020–2030 ($Million)
Table 27. European Industrial and Commercial Led Lighting Market, by Country, 2020–2030 ($Million)
Table 28. Germany Industrial and Commercial Led Lighting Market, by Product, 2020–2030 ($Million)
Table 29. Germany Industrial and Commercial Led Lighting Market, by Application, 2020–2030 ($Million)
Table 30. Germany Industrial and Commercial Led Lighting Market, by End-user, 2020–2030 ($Million)
Table 31. France Industrial and Commercial Led Lighting Market, by Product, 2020–2030 ($Million)
Table 32. France Industrial and Commercial Led Lighting Market, by Application, 2020–2030 ($Million)
Table 33. France Industrial and Commercial Led Lighting Market, by End-user, 2020–2030 ($Million)
Table 34. Uk Industrial and Commercial Led Lighting Market, by Product, 2020–2030 ($Million)
Table 35. Uk Industrial and Commercial Led Lighting Market, by Application, 2020–2030 ($Million)
Table 36. Uk Industrial and Commercial Led Lighting Market, by End-user, 2020–2030 ($Million)
Table 37. Russia Industrial and Commercial Led Lighting Market, by Product, 2020–2030 ($Million)
Table 38. Russia Industrial and Commercial Led Lighting Market, by Application, 2020–2030 ($Million)
Table 39. Russia Industrial and Commercial Led Lighting Market, by End-user, 2020–2030 ($Million)
Table 40. Rest of Europe Industrial and Commercial Led Lighting Market, by Product, 2020–2030 ($Million)
Table 41. Rest of Europe Industrial and Commercial Led Lighting Market, by Application, 2020–2030 ($Million)
Table 42. Rest of Europe Industrial and Commercial Led Lighting Market, by End-user, 2020–2030 ($Million)
Table 43. Asia-Pacific Industrial and Commercial Led Lighting Market, by Product, 2020–2030 ($Million)
Table 44. Asia-Pacific Industrial and Commercial Led Lighting Market, by Application, 2020–2030 ($Million)
Table 45. Asia-Pacific Industrial and Commercial Led Lighting Market, by End-user, 2020–2030 ($Million)
Table 46. Asia-Pacific Industrial and Commercial Led Lighting Market, by Country, 2020–2030 ($Million)
Table 47. Japan Industrial and Commercial Led Lighting Market, by Product, 2020–2030 ($Million)
Table 48. Japan Industrial and Commercial Led Lighting Market, by Application, 2020–2030 ($Million)
Table 49. Japan Industrial and Commercial Led Lighting Market, by End-user, 2020–2030 ($Million)
Table 50. China Industrial and Commercial Led Lighting Market, by Product, 2020–2030 ($Million)
Table 51. China Industrial and Commercial Led Lighting Market, by Application, 2020–2030 ($Million)
Table 52. China Industrial and Commercial Led Lighting Market, by End-user, 2020–2030 ($Million)
Table 53. Australia Industrial and Commercial Led Lighting Market, by Product, 2020–2030 ($Million)
Table 54. Australia Industrial and Commercial Led Lighting Market, by Application, 2020–2030 ($Million)
Table 55. Japan Industrial and Commercial Led Lighting Market, by End-user, 2020–2030 ($Million)
Table 56. India Industrial and Commercial Led Lighting Market, by Product, 2020–2030 ($Million)
Table 57. India Industrial and Commercial Led Lighting Market, by Application, 2020–2030 ($Million)
Table 58. India Industrial and Commercial Led Lighting Market, by End-user, 2020–2030 ($Million)
Table 59. Rest of Asia-Pacific Industrial and Commercial Led Lighting Market, by Product, 2020–2030 ($Million)
Table 60. Rest of Asia-Pacific Industrial and Commercial Led Lighting Market, by Application, 2020–2030 ($Million)
Table 61. Rest of Asia-Pacific Industrial and Commercial Led Lighting Market, by End-user, 2020–2030 ($Million)
Table 62. Lamea Industrial and Commercial Led Lighting Market, by Product, 2020–2030 ($Million)
Table 63. Lamea Industrial and Commercial Led Lighting Market, by Application, 2020–2030 ($Million)
Table 64. Lamea Industrial and Commercial Led Lighting Market, by End-user, 2020–2030 ($Million)
Table 65. Lamea Industrial and Commercial Led Lighting Market, by Country, 2020–2030 ($Million)
Table 66. Latin America Industrial and Commercial Led Lighting Market, by Product, 2020–2030 ($Million)
Table 67. Latin America Industrial and Commercial Led Lighting Market, by Application, 2020–2030 ($Million)
Table 68. Latin America Industrial and Commercial Led Lighting Market, by End-user, 2020–2030 ($Million)
Table 69. Middle East Industrial and Commercial Led Lighting Market, by Product, 2020–2030 ($Million)
Table 70. Middle East Industrial and Commercial Led Lighting Market, by Application, 2020–2030 ($Million)
Table 71. Middle East Industrial and Commercial Led Lighting Market, by End-user, 2020–2030 ($Million)
Table 72. Africa Industrial and Commercial Led Lighting Market, by Product, 2020–2030 ($Million)
Table 73. Africa Industrial and Commercial Led Lighting Market, by Application, 2020–2030 ($Million)
Table 74. Africa Industrial and Commercial Led Lighting Market, by End-user, 2020–2030 ($Million)
Table 75. Wolfspeed, Inc. :Key Executives
Table 76. Wolfspeed, Inc. : Company Snapshot
Table 77. Wolfspeed, Inc. : Operating Segments
Table 78. Wolfspeed, Inc. : Product Portfolio
Table 79. Wolfspeed, Inc. : Key Strategic Moves and Developments
Table 80. Deco Lighting, Inc. :Key Executives
Table 81. Deco Lighting, Inc. : Company Snapshot
Table 82. Deco Lighting, Inc. : Product Portfolio
Table 83. Deco Lighting, Inc. : Key Strategic Moves and Developments
Table 84. Dialight:Key Executives
Table 85. Dialight: Company Snapshot
Table 86. Dialight: Operating Segments
Table 87. Dialight: Product Portfolio
Table 88. Dialight: Key Strategic Moves and Developments
Table 89. Eaton Corporation. :Key Executives
Table 90. Eaton Corporation. : Company Snapshot
Table 91. Eaton Corporation: Operating Segments
Table 92. Eaton Corporation: Product Portfolio
Table 93. Eaton Corporation: Key Strategic Moves and Developments
Table 94. General Electric Co. : Key Executives
Table 95. General Electric Co. : Company Snapshot
Table 96. General Electric Co. : Operating Segments
Table 97. General Electric Co. : Product Portfolio
Table 98. Koninklijke Philips Nv (Philips):Key Executives
Table 99. Koninklijke Philips Nv (Philips): Company Snapshot
Table 100. Koninklijke Philips Nv (Philips): Operating Segments
Table 101. Koninklijke Philips Nv (Philips): Product Portfolio
Table 102. Osram Licht Ag:Key Executives
Table 103. Osram Licht Ag: Company Snapshot
Table 104. Osram Licht Ag: Operating Segments
Table 105. Osram Licht Ag: Product Portfolio
Table 106. Osram Licht Ag: Key Strategic Moves and Developments
Table 107. Syska:Key Executive
Table 108. Syska: Company Snapshot
Table 109. Syska: Product Portfolio
Table 110. Syska: Key Strategic Moves and Developments
Table 111. Toshiba Corporation:Key Executives
Table 112. Toshiba Corporation: Company Snapshot
Table 113. Toshiba Corporation: Operating Segments
Table 114. Toshiba Corporation: Product Portfolio
Table 115. Toshiba Corporation: Key Strategic Moves and Developments
Table 116. Zumtobel Group:Key Executives
Table 117. Zumtobel Group: Company Snapshot
Table 118. Zumtobel Group: Operating Segments
Table 119. Zumtobel Group: Product Portfolio
List of Figures
Figure 01. Key Market Segments
Figure 02. Executive Summary
Figure 03. Executive Summary
Figure 04. Top Impacting Factors
Figure 05. Top Investment Pockets
Figure 06. Top Winning Strategies, by Year, 2019–2022*
Figure 07. Top Winning Strategies, by Development, 2019–2022*
Figure 08. Top Winning Strategies, by Company, 2019–2022*
Figure 09. Low-To-Moderate Bargaining Power of Suppliers
Figure 10. Moderate Threat of New Entrants
Figure 11. Low-To-Moderate Threat of Substitutes
Figure 12. Moderate Intensity of Rivalry
Figure 13. Moderate Bargaining Power of Buyers
Figure 14. Market Share Analysis (2020)
Figure 15. Global Industrial and Commercial Led Lighting Market Share, by Product, 2020–2030 (%)
Figure 16. Comparative Share Analysis of Industrial and Commercial Led Lamps Market, by Country, 2020 & 2030 (%)
Figure 17. Comparative Share Analysis of Industrial and Commercial Led Fixture Market, by Country, 2020 & 2030 (%)
Figure 18. Global Industrial and Commercial Led Lighting Market Share, by Application, 2020–2030 (%)
Figure 19. Comparative Share Analysis of Industrial and Commercial Indoor Led Lighting Market, by Country, 2020 & 2030 (%)
Figure 20. Comparative Share Analysis of Industrial and Commercial Outdoor Led Lighting Market, by Country, 2020 & 2030 (%)
Figure 21. Global Industrial and Commercial Led Lighting Market Share, by End-user, 2020–2030 (%)
Figure 22. Comparative Share Analysis of Led Lighting Market for Industrial Sector, by Country, 2020 & 2030 (%)
Figure 23. Comparative Share Analysis of Led Lighting Market for Commerical, by Country, 2020 & 2030 (%)
Figure 24. Industrial and Commercial Led Lighting Market, by Region, 2020-2030 (%)
Figure 25. Comparative Share Analysis of Industrial and Commercial Led Lighting Market, by Country, 2020–2030 (%)
Figure 26. U. S. Industrial and Commercial Led Lighting Market, 2020–2030 ($ Million)
Figure 27. Canada Industrial and Commercial Led Lighting Market, 2020–2030 ($ Million)
Figure 28. Mexico Industrial and Commercial Led Lighting Market, 2020–2030 ($ Million)
Figure 29. Comparative Share Analysis of Industrial and Commercial Led Lighting Market, by Country, 2020–2030 (%)
Figure 30. Germany Industrial and Commercial Led Lighting Market, 2020–2030 ($ Million)
Figure 31. France Industrial and Commercial Led Lighting Market, 2020–2030 ($ Million)
Figure 32. Uk Industrial and Commercial Led Lighting Market, 2020–2030 ($ Million)
Figure 33. Russia High-Speed Camer Amarket, 2020–2030 ($ Million)
Figure 34. Rest of Europe Industrial and Commercial Led Lighting Market, 2020–2030 ($ Million)
Figure 35. Comparative Share Analysis of Industrial and Commercial Led Lighting Market, by Country, 2020–2030 (%)
Figure 36. Japan Industrial and Commercial Led Lighting Market, 2020–2030 ($ Million)
Figure 37. China Industrial and Commercial Led Lighting Market, 2020–2030 ($ Million)
Figure 38. Australia Industrial and Commercial Led Lighting Market, 2020–2030 ($ Million)
Figure 39. India Industrial and Commercial Led Lighting Market, 2020–2030 ($ Million)
Figure 40. Rest of Asia-Pacific Industrial and Commercial Led Lighting Market, 2020–2030 ($ Million)
Figure 41. Comparative Share Analysis of Industrial and Commercial Led Lighting Market, by Country, 2020–2030 (%)
Figure 42. Latin America Industrial and Commercial Led Lighting Market, 2020–2030 ($ Million)
Figure 43. Middle East Industrial and Commercial Led Lighting Market, 2020–2030 ($ Million)
Figure 44. Africa Industrial and Commercial Led Lighting Market, 2020–2030 ($ Million)
Figure 45. Wolfspeed, Inc. 2018–2020 ($ Million)
Figure 46. Wolfspeed, Inc: Revenue, 2018–2020 ($ Million)
Figure 47. Wolfspeed, Inc: Revenue Share by Segment, 2020 (%)
Figure 48. Wolfspeed, Inc: Revenue Share by Region, 2020 (%)
Figure 49. Dialight, 2018–2020 ($ Million)
Figure 50. Dialight: Revenue, 2018–2020 ($ Million)
Figure 51. Dialight: Revenue Share by Segment, 2020 (%)
Figure 52. Dialight: Revenue Share by Region, 2020 (%)
Figure 53. Eaton Corporation, 2018–2020 ($ Million)
Figure 54. Eaton Corporation: Revenue Share, by Region, 2020 (%)
Figure 55. Eaton Corporation: Revenue Share, by Segment, 2020 (%)
Figure 56. General Electric Co: R&D Expenditure, 2018–2020 ($ Million)
Figure 57. General Electric Co: Revenue, 2018–2020 ($ Million)
Figure 58. General Electric Co: Revenue Share by Segment, 2020 (%)
Figure 59. General Electric Co: Revenue Share by Region, 2020 (%)
Figure 60. Koninklijke Philips Nv (Philips), 2018–2020 ($ Million)
Figure 61. Koninklijke Philips Nv (Philips): Revenue, 2018–2020 ($ Million)
Figure 62. Koninklijke Philips Nv (Philips): Revenue Share by Segment, 2020 (%)
Figure 63. Koninklijke Philips Nv (Philips): Revenue Share by Region, 2020 (%)
Figure 64. Osram Licht Ag: Revenue, 2018–2020 ($ Million)
Figure 65. Osram Licht Ag: Revenue Share, by Segment, 2020 (%)
Figure 66. Osram Licht Ag: Revenue Share, by Region, 2020 (%)
Figure 67. Toshiba Corporation: R&D Expenditure, 2018–2020 ($ Million)
Figure 68. Toshiba Corporation: Net Sales, 2018–2020 ($ Million)
Figure 69. Toshiba Corporation: Revenue Share by Segment, 2020 (%)
Figure 70. Toshiba Corporation: Revenue Share by Region, 2020 (%)
Figure 71. Zumtobel Group: R&D Expenditure, 2018–2020 ($ Million)
Figure 72. Zumtobel Group: Net Sales, 2018–2020 ($ Million)
Figure 73. Zumtobel Group: Revenue Share by Segment, 2020 (%)
Figure 74. Zumtobel Group: Revenue Share by Region, 2020 (%)

Executive Summary

According to a new report titled, Industrial and Commercial LED lighting Market by Product, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2021–2030, the global industrial and commercial LED lighting market size was valued at $29.90 billion in 2020, and is projected to reach $172.95 billion by 2030, growing at a CAGR of 18.1% from 2021 to 2030. Asia-Pacific is expected to be the leading contributor to the global industrial and commercial LED lighting industry, followed by Europe and North America.

A light-emitting diode (LED) is a semiconductor light source that converts electrical energy directly into light energy. The output ranges from blue violet (about 400 nanometer (nm)) to red (about 700 nm). Some LEDs are called infrared emitting diodes (IRED) or emitting infrared (IR) energy, which is greater than or equal to 830 nm. An LED consists of two elements of processed material called N-type semiconductors and P-type semiconductors, which are placed in direct contact to forms a region called P-N junction.

The industrial and commercial LED lighting market share possesses high potential. This is attributed to the fact that in the current business scenario, there is increase in demand for industrial and commercial LED lighting, particularly in developing regions. Moreover, companies in this industry are adopting various innovative techniques to provide customers with advanced and innovative product offerings.

Rapid usage of LEDs has been witnessed in lamps as a replacement of incandescent light source, owing to advantages such as prolonged shelf life, low power requirement, and small sized & robust attribute. In spite of such advantages, LEDs are more expensive as compared to conventional lighting, and are voltage sensitive, which impede the growth of this market. In the near future, the LED technology is expected to provide a superior advantage to its users than conventional lighting systems, owing to the benefits it offers.

The global industrial and commercial LED lighting market is segmented into product, application, end user, and region. On the basis of product, the market is segmented into LED lamps and LED fixtures. By application, it is segmented into indoor lighting and outdoor lighting. By end user, it is segmented into e industrial and commercial.

Region wise, the industrial and commercial LED lighting market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Russia, and rest of Europe), Asia-Pacific (China, Japan, Australia, India, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). Asia-Pacific dominated the industrial and commercial LED lighting market globally, due to the presence of large number of manufacturers. Thus, local manufacturers have numerous growth opportunities in the market. In addition, surge in demand for low-power consuming lighting solutions creates ample opportunities for the prominent players operating in the industrial and commercial LED lighting market analysis. Several countries in Asia-Pacific region such as India and China aims to phase out the its traditional incandescent fluorescent bulbs and tubes, and get them replaced with the latest LEDs. All these factors create lucrative opportunities for Asia-Pacific industrial and commercial LED lighting market growth.

COVID-19 Impact Analysis


The COVID-19 pandemic has significantly impacted global economies, resulting in workforce & travel restrictions, supply chain & production disruptions, and reduced demand & spending across many sectors. Sudden decline in infrastructure development and installation projects is expected to hamper the industrial and commercial LED lighting market trends for commercial and industrial sector. The industrial and commercial LED lighting market witnessed dip in its growth rate, owing to delayed construction projects, which led to a substantial impact. However, the demand from the medical industry accelerated during the pandemic.

Key Findings Of The Study


  • By product, in 2020, the LED lamps sub segment of generated the highest revenue in the global industrial and commercial LED lighting market
  • In 2020, the indoor lighting sub segment garnered the highest revenue among the application segment
  • The key players profiled in the report include Eaton Corporation Plc., Wolfspeed Inc., Deco Enterprises, Inc., Dialight Plc., Osram Licht Ag, General Electric Company, Koninklijke Philips N.V., Toshiba Corporation, Zumtobel Group Ag, and Syska Market players have adopted various strategies such as product launch, collaboration & partnership, joint venture, and acquisition to expand their foothold in the industrial and commercial LED lighting market

Companies Mentioned

  • Wolfspeed, Inc.
  • Deco Lighting, Inc.
  • Dialight PLC.
  • Eaton Corporation
  • General Electric Company
  • Koninklijke Philips N.V.
  • Osram Licht AG
  • Syska
  • Toshiba Corporation (Toshiba TEC Corporation)
  • Zumtobel Group

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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