Industrial Lighting Market

• More advantages over other lighting options are driving the market growth

Longevity, energy efficiency, low operational/maintenance costs, and the capacity to provide an increasingly shorter return on investment (ROI) are all characteristics of LEDs that may ultimately drive demand for them in the industrial lighting market. Additionally, LEDs don't emit harmful ultraviolet or infrared radiation, which has several advantages, including reduced cooling costs, easier maintenance, longer product life, and added safety in industrial settings.

LEDs are much more resilient, have no moving parts, and can withstand shock and corrosion better. Their resistance to spark ignition is a further benefit. Due to their unique characteristics, LEDs are ideal for applications in the mining industry that are frequently exposed to strong vibrations, debris, chemicals, and explosive solutions. For instance, the EMEA and APAC markets saw the ProSite LED floodlight range launched by Dialight Group in August 2021, a provider of industrial LED lighting solutions. The new floodlights were created specifically for industrial applications to ensure the safety and security of many facilities, including mine sites.

They offer superior visibility to the outdoor worksite with clear, near-daylight illumination.

For lighting, many warehouses employ metal halide or linear fluorescent lamps. Even though metal halides and fluorescents are an improvement over incandescent bulbs, they still have drawbacks when compared to LEDs, including disposal risks, a shorter lifespan, and less effective light. As a result, these warehouses are now using LED lighting.

Additionally, since LEDs don't emit harmful ultraviolet or infrared radiation, they have several advantages over other lighting options, including lower cooling expenses, simpler maintenance, longer product lives, and an added margin of safety in industrial settings. LEDs are much more resilient, have no moving parts, and can withstand shock and corrosion better. Their inability to ignite with a spark is an added benefit. With these characteristics, LEDs are ideal for mining industry applications that frequently involve strong vibrations, debris, chemicals, and explosive substances. Thus, driving the industrial lighting market revenue.

Stringent regulations regarding energy efficiency and environmental sustainability are driving growth in the Global Industrial Lighting Market Industry. Governments worldwide are implementing policies that mandate the use of energy-efficient lighting solutions in industrial settings. For example, the European Union has set ambitious targets for reducing carbon emissions, which has led to increased adoption of energy-efficient lighting technologies. Compliance with these regulations not only helps industries avoid penalties but also enhances their corporate social responsibility profiles. This regulatory push is expected to contribute to the market's expansion, with projections indicating a rise to 20.5 USD Billion by 2035.

The Global Industrial Lighting Market Industry is poised for substantial growth, with projections indicating a market size of 9.7 USD Billion in 2024 and an anticipated increase to 20.5 USD Billion by 2035. This growth trajectory suggests a compound annual growth rate (CAGR) of 7.02% from 2025 to 2035. The expansion is driven by various factors, including technological advancements, regulatory compliance, and the rising demand for energy-efficient solutions. As industries continue to evolve and adapt to new challenges, the market is likely to witness significant transformations, reflecting the dynamic nature of industrial lighting.

The Global Industrial Lighting Market Industry is experiencing a surge in demand due to rapid technological advancements. Innovations such as LED lighting and smart lighting systems are transforming traditional industrial lighting solutions. These technologies offer enhanced energy efficiency, longer lifespans, and reduced maintenance costs. For instance, LED lighting can consume up to 75 percent less energy than conventional incandescent bulbs, which significantly lowers operational costs. As industries increasingly adopt these technologies, the market is projected to reach 9.7 USD Billion in 2024, reflecting a growing preference for sustainable and cost-effective lighting solutions.

The ongoing trend of industrial automation is significantly influencing the Global Industrial Lighting Market Industry. As factories and manufacturing plants increasingly integrate automated systems, the need for advanced lighting solutions that can adapt to varying operational conditions becomes paramount. Automated lighting systems can optimize energy consumption by adjusting brightness based on occupancy and activity levels. This adaptability not only enhances workplace safety but also contributes to energy savings. The integration of automation in industrial processes is likely to propel the market forward, aligning with the projected CAGR of 7.02% from 2025 to 2035.

A growing emphasis on energy efficiency is reshaping the Global Industrial Lighting Market Industry. Industries are under pressure to reduce energy consumption and lower operational costs, leading to a shift towards energy-efficient lighting solutions. The adoption of technologies such as LED and smart lighting systems is becoming increasingly prevalent, as these solutions offer substantial energy savings. For instance, transitioning to LED lighting can result in energy savings of up to 80 percent compared to traditional lighting options. This shift not only supports sustainability goals but also aligns with the market's anticipated growth trajectory, reaching 9.7 USD Billion in 2024.

The expansion of manufacturing facilities across emerging economies is a key driver of the Global Industrial Lighting Market Industry. As countries like India and China continue to develop their industrial sectors, the demand for efficient and effective lighting solutions is on the rise. New manufacturing plants require modern lighting systems that enhance productivity and safety. This trend is particularly evident in sectors such as automotive and electronics, where high-quality lighting is essential for operational efficiency. The influx of new facilities is expected to contribute to the market's growth, with projections indicating a rise to 20.5 USD Billion by 2035.

By Region, the study provides market insights into North America, Europe, Asia-Pacific and the Rest of the World. The North American weight loss market will dominate this market. The development of various industrial lightings products, such as accent lighting, task lighting spotlights, and hanging fixtures, is supported by significant investments made by manufacturers. As a result of its benefits, including energy efficiency and a contribution to lowering greenhouse gas emissions, LED lighting is in high demand throughout many North American nations.

Additionally, the emergence of high-quality industrial lighting that can increase traffic safety, the city’s allure and contribute to the region's economic strength increases market shares in the area. Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: Industrial Lighting Market SHARE BY REGION 2022 (%)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe’s industrial lighting market accounts for the second-largest market share. The EU market has seen a quick uptake of LED modules. The European Union's policy measures prohibiting the sale of inefficient lighting technologies have significantly driven the demand for LED products in the area. For instance, as new Ecodesign and labeling regulations entered into force throughout the European Union, certain fluorescent and halogen light bulbs will no longer be sold after September 2021.

The first Philips LED A-class bulbs that adhere to the stringent EU Ecodesign and Energy Labeling Regulations were released by Signify in August 2021. Compared to standard Philips LED bulbs, the New Philips LED A-class bulbs are anticipated to use 60% less energy and last longer. Further, the German industrial lighting market held the largest market share, and the UK industrial lighting market was the fastest-growing market in the European region.

The Asia-Pacific Industrial Lighting Market is expected to grow at the fastest CAGR from 2024 to 2032. Due to escalating industrialization, quick modernization, and growing awareness of the advantages of LED lights. Because of the area's quick industrialization. Along with smart city initiatives, expanding infrastructure development activities also promote regional market expansion. The industrial lighting market is particularly strong in nations like China, Japan, and India. Moreover, China’s industrial lighting market held the largest market share, and the Indian industrial lighting market was the fastest-growing market in the Asia-Pacific region.

For instance, Americans are actively pursuing a physically active lifestyle and are becoming more health concerned. The expansion and growth of the industry have been aided by an increase in the number of health clubs and fitness facilities across the nation.

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the industrial lighting market grow even more. Market participants are also undertaking various strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The industrial lighting industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.

Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the global industrial lighting industry to benefit clients and increase the market sector. The industrial lighting industry has offered some of the most significant medical advantages in recent years. Major players in the industrial lighting market, including Emerson Electric (US), Osram Licht AG (Germany), Legrand (France), Zumtobel Group (Austria), Acuity Brands Lighting Inc. (US), General Electric (US), TOYODA GOSEI Co.

Ltd (Japan), Hubbell Lighting Inc. (the US), Cree Inc. (US), Philips Lighting Holding B.V. (Netherlands) and others, are attempting to increase market demand by investing in research and development operations.

Emerson Electric (US), With the help of our two main business platforms at Emerson, Automation Solutions and Commercial and Residential Solutions, we can recognize and meet the challenges of a market that is becoming more complex and unpredictable from a position of strength, generating both short- and long-term value as a reliable partner for our clients. Industry leaders are looking to Emerson as a reliable partner that innovates constantly to help them meet the next big challenge.

Our Automation Solutions platform enables us to collaborate with our automation businesses to develop more comprehensive solutions for customers based on our deep industry experience. We can also further leverage our global presence, domain knowledge, and industrial software to support industries in achieving important operational and sustainability goals. The biggest problems facing modern life are overcome with the aid of our customers in the most vital industries on earth.

Legrand (US), We make lives better by transforming the areas where people gather, work, and live. To do this, we use simple, creative, and sustainable electrical and digital infrastructures and connected solutions. We achieve this by tenaciously pursuing sustainable business practices and developing exceptional experiences through the products we design and manufacture, the relationships we forge, and the way we work. Electrical and digital building infrastructures are Legrand's areas of expertise worldwide. With more than 6,700 employees and a range of products for both residential and non-residential business markets, our division in North and Central America is Legrand's largest globally.