Global Industrial And Commercial Led Lighting Market Size & Outlook
Global industrial and commercial led lighting market, 2018-2030 (US$M)
Related Markets
Global industrial and commercial led lighting market highlights
- The global industrial and commercial led lighting market generated a revenue of USD 51,373.5 million in 2023 and is expected to reach USD 103,670.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 10.6% by 2030.
- In terms of segment, lamps accounted for a revenue of USD 51,373.5 million in 2023.
- Lamps is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 51,373.5 million |
| Market revenue in 2030 | USD 103,670.5 million |
| Growth rate | 10.6% (CAGR from 2023 to 2030) |
| Largest segment | Lamps |
| Fastest growing segment | Lamps |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lamps |
Other key industry trends
- In terms of revenue, the North America accounted for 26.5% of the global industrial and commercial led lighting market in 2023.
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Industrial and Commercial LED Lighting Market Scope
Industrial and Commercial LED Lighting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global industrial and commercial led lighting market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industrial and commercial led lighting market will help companies and investors design strategic landscapes.
Lamps was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global industrial and commercial led lighting market based on lamps covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Industrial and Commercial LED Lighting Product Outlook (Revenue, USD Million, 2018-2030)
- Lamps
- Luminaires
- Global Industrial and Commercial LED Lighting Application Outlook (Revenue, USD Million, 2018-2030)
- Indoor
- Outdoor
- Global Industrial and Commercial LED Lighting End Use Outlook (Revenue, USD Million, 2018-2030)
- Industrial
- Commercial
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Target buyers of Global industrial and commercial led lighting market databook
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Our clientele includes a mix of industrial and commercial led lighting market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global industrial and commercial led lighting market , including forecasts for subscribers. This global databook contains high-level insights into Global industrial and commercial led lighting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global industrial and commercial led lighting market size, by regions, 2018-2030 (US$M)
Related regional statistics
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