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Industrial Lighting Market Size By Application, Industry Analysis Report, Regional Outlook (Europe, North America, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Share & Forecast 2023 - 2030

ID : MRU_52379 | Date : Jan, 2023 | Pages : 192 | Region : Global

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Lighting is the deliberate use of light to achieve a practical or aesthetic effect. Proper lighting is significant In industrial settings where safety is a primary concern. Adequate illumination is also a key factor in maintaining high worker productivity.
The factory and production lines application held a larger share of the industrial lighting market in 2017. Factory and production lines are upgrading to critical lighting solutions, such as LEDs and connected lighting solution, to receive an immediate payback on their investment through improved light quality and control. The factory and production lines is the largest application area for industrial lighting solutions. The variety of work performed in the industry can vary tremendously from production to machining. Therefore, every lighting solution needs to be customized according to the available space and the complexity of the task being performed.
Asia Pacific (APAC) dominates the industrial lighting market; however, RoW is expected to grow at the highest rate during the forecast period. The countries in the RoW region are likely to witness an extensive growth in infrastructural building projects. Therefore, the industrial lighting market in this region is expected to exhibit a high growth.
The Global Industrial Lighting Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023-2030.

In the global Industrial Lighting Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-
GE Lighting
Cree
LG Innotek
Philips
OSRAM
Panasonic
Schneider Electric
Acuity Brands
Advanced Lighting Technologies
Bridgelux
Citizen Electronics
Eaton Lighting
Dialight
Kingsun LED lighting
Energy Focus
Everlight Electronics
Intematix
LEEDARSON LIGHTING
Lemnis Lighting
Luminus Devices
Nichia
NVC Lighting Technology
Seoul Semiconductor
Toyoda Gosei

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :
LED Lighting
High Intensity Discharge (HID) Lighting 
Fluorescent Lighting 
Others

In Market segmentation by applications :
Warehouse & Cold Storage
Factory & Production Lines
Outer Premises
Parking Areas
Hazardous Locations
Others

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Industrial Lighting Market for the forecast period 2023-2030?
• What are the driving forces in the Industrial Lighting Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Industrial Lighting industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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