Global Industrial Lighting Market Size, Trends & Growth Opportunity By Light Source (LED, HID, Fluorescent), By Offerings (Services, Control Systems, and Lamp & Luminaires), By Installation Type (Replacement, New, Retrofit), By Application (Hazardous Locations, Parking Areas, Outer Premises, Factory & Production Lines, Warehouse & Cold Storage), By Region and Forecast till 2027.
Market Overview
Global Industrial Lighting Market was valued at USD 9.25 billion in 2021 which is expected to reach USD 16.18 billion by 2027 at a CAGR 8.35 % from 2022-2027.
The industrial lighting market is divided into several light sources like LED, HID, and Fluorescent that are utilized in different applications including parking lots, factory and production lines, and warehouses and cold storage.
Market Drivers
The key factor that is anticipated to fuel the growth of the global industrial lighting market is the increase in government initiatives regarding the use of LED lighting. Also, during this forecast period, a growth in demand for affordable and energy-efficient LED lighting is anticipated to drive the worldwide industrial lighting market. Moreover, the expansion of the global industrial lighting market would be positively impacted by ongoing infrastructure renovation and development. Also, industrial lighting offers a number of distinctive qualities like low energy usage and durability anticipated to increase demand for industrial lighting in the near future. 
Market Restraint
The high cost of installation and equipment, however, is anticipated to restrain the expansion of the worldwide industrial lighting market. Moreover, the growth of the global industrial lighting market would be impacted by the lack of standardization of facilities in companies. 
Market Segmentation
Global Industrial Lighting Market is segmented into light source such as LED, HID, and Fluorescent, by offerings such as Services, Control Systems, and Lamp & Luminaires. Further, Global Industrial Lighting Market is segmented into installation type such as Replacement, New, and Retrofit, and by application such as Hazardous Locations, Parking Areas, Outer Premises, Factory & Production Lines, and Warehouse & Cold Storage.
Also, Global Industrial Lighting Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Europe will hold a significant share of the market.The EU market has quickly embraced LED modules. The European Union's legislative regulations prohibiting the sale of inefficient lighting technologies have played a significant role in pushing the demand for LED products in the region. For instance, once new Ecodesign and labelling regulations entered into force throughout the European Union, certain fluorescent and halogen light bulbs will no longer be sold after September 2021.
Market Key Players
Various key players are discussed in this report such as TOYODA GOSEI Co., Ltd.,  General Electric Co., Hubbell Lighting, Inc., Zumtobel Group AG,  Legrand,  Acuity Brands Lighting, Inc., Cree, Inc., Osram Licht AG, Emerson, and Philips Lighting Holding B.V.
Market Taxonomy 
By Light Source
• LED
• HID
• Fluorescent
By Offerings
• Services
• Control Systems
• Lamp & Luminaires
By Installation Type
• Replacement
• New
• Retrofit
By Application
• Hazardous Locations
• Parking Areas
• Outer Premises
• Factory & Production Lines
• Warehouse & Cold Storage 
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

Global Industrial Lighting Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Industrial Lighting Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Industrial Lighting Market, By Light Source
5.1 Y-o-Y Growth Comparison, By Light Source 
5.2 Global Industrial Lighting Market Share Analysis, By Light Source 
5.3 Global Industrial Lighting Market Size and Forecast, By Light Source
5.3.1 LED
5.3.2 HID
5.3.3 Fluorescent
6 Global Industrial Lighting Market, By Offering
6.1 Y-o-Y Growth Comparison, By Offering
6.2 Global Industrial Lighting Market Share Analysis, By Offering
6.3 Global Industrial Lighting Market Size and Forecast, By Offering
6.3.1 Services
6.3.2 Control Systems
6.3.3Lamp & Luminaires
7 Global Industrial Lighting Market, By Installation Type
7.1 Y-o-Y Growth Comparison, By Installation Type
7.2 Global Industrial Lighting Market Share Analysis, By Installation Type
7.3 Global Industrial Lighting Market Size and Forecast, By Installation Type
7.3.1 Replacement
7.3.2 New
7.3.3 Retrofit
8 Global Industrial Lighting Market, By Application
8.1 Y-o-Y Growth Comparison, By Application
8.2 Global Industrial Lighting Market Share Analysis, By Application
8.3 Global Industrial Lighting Market Size and Forecast, By Application
8.3.1 Hazardous Locations
8.3.2 Parking Areas
8.3.3 Outer Premises
8.3.4 Factory and Production Lines
8.3.5Warehouse & Cold Storage
9Global Industrial Lighting Market, By Region
9.1 Global Industrial Lighting Market Share Analysis, By Region
9.2 Global Industrial Lighting Market Share Analysis, By Region
9.3 Global Industrial Lighting Market Size and Forecast, By Region
10 North America Industrial Lighting Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 North America Industrial Lighting Market Share Analysis, By Light Source
10.3 North America Industrial Lighting Market Size and Forecast, By Offering
10.4 North America Industrial Lighting Market Size and Forecast, By Installation Type
10.5 North America Industrial Lighting Market Size and Forecast, By Application
10.6 North America Industrial Lighting Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11Europe Industrial Lighting Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Europe Industrial Lighting Market Share Analysis, By Light Source 
11.3 Europe Industrial Lighting Market Size and Forecast, By Offering 
11.4 Europe Industrial Lighting Market Size and Forecast, By Installation Type
11.5 Europe Industrial Lighting Market Size and Forecast, By Application
11.6 Europe Industrial Lighting Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.64. Rest of Europe
12Asia Pacific Industrial Lighting Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Asia Pacific Industrial Lighting Market Share Analysis, By Light Source 
12.3 Asia Pacific Industrial Lighting Market Size and Forecast, By Offering  
12.4 Asia Pacific Industrial Lighting Market Size and Forecast, By Installation Type
12.5 Asia Pacific Industrial Lighting Market Size and Forecast, By Application
12.6 Asia Pacific Industrial Lighting Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4. Rest of Asia Pacific
13Latin America Industrial Lighting Market Analysis and Forecast (2022 – 2027)
13.1 Introduction
13.2 Latin America Industrial Lighting Market Share Analysis, By Light Source 
13.3 Latin America Industrial Lighting Market Size and Forecast, By Offering 
13.4 Latin America Industrial Lighting Market Size and Forecast, By Installation Type
13.5 Latin America Industrial Lighting Market Size and Forecast, By Application
13.6 Latin America Industrial Lighting Market Size and Forecast, By Country
14Middle East Industrial Lighting Market Analysis and Forecast (2022 – 2027)
14.1 Introduction
14.2 Middle East Industrial Lighting Market Share Analysis, By Light Source 
14.3 Middle East Industrial Lighting Market Size and Forecast, By Offering 
14.4 Middle East Industrial Lighting Market Size and Forecast, By Installation Type
14.5 Middle East Industrial Lighting Market Size and Forecast, By Application
14.6 Middle East Industrial Lighting Market Size and Forecast, By Country
15Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16Company Profiles
16.1  TOYODA GOSEI Co., Ltd
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 General Electric Co
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Hubbell Lighting, Inc
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Zumtobel Group AG
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Legrand
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Acuity Brands Lighting, Inc
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Cree, Inc
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies 
16.8 Osram Licht AG 
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies 
16.9 Emerson
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies 
16.10 Philips Lighting Holding B.V
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies