The Business Research Company’s Industrial And Commercial LED Lighting Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Industrial And Commercial LED Lighting Global Market Report 2023 evaluates industrial and commercial LED lighting market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global industrial and commercial LED lighting market size grew from $43.62 billion in 2022 to $53.54 billion in 2023 at a compound annual growth rate (CAGR) of 22.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has LED to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The industrial and commercial LED lighting market size is expected to grow to $119.86 billion in 2027 at a CAGR of 22.3%.
The industrial and commercial LED lighting market segments in the report are:
1) By Product Type: LED Lamps, LED Fixtures
2) By Installation: New Installation, Retrofit
3) By Distribution: Direct Sales, Online Stores, Specialty Stores, Other Distribution Channels
4) By Application: Retail, Manufacturing, Hospitality, Warehouses And Storage, Office Buildings, Other Applications
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The table of contents in TBRC’s industrial and commercial LED lighting market report includes:
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Top 5 Major Key Players Are:
List Of Tables:
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Industrial And Commercial LED Lighting Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Industrial And Commercial LED Lighting Market, Segmentation By Installation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Industrial And Commercial LED Lighting Market, Segmentation By Distribution, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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Table 47: Deco Lighting Financial Performance
Table 48: Dialight PLC. Financial Performance
Table 49: Eaton Corporation PLC. Financial Performance
Table 50: General Electric Company Financial Performance
Table 51: Koninklijke Philips NV Financial Performance
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