Global Industrial Lighting Market to Reach USD 14.3 Billion by 2033, Accelerated by Increasing Focus on Energy Efficiency and Sustainability in Industrial Operations

January 02, 2025 | Electronics and Semiconductors

As per the latest report by IMARC Group, titled "Industrial Lighting Market Report by Product Type (High/Low Bay Lighting, Flood/Area Lighting), Light Source (LED, High-Intensity Discharge (HID) Lighting, Fluorescent Lighting), Offering (Lamps & Luminaries, Control Systems, Services), Type (New Installation, Replacement Installation, Retrofit Installation), Application (Warehouse & Cold Storage, Factory & Production Lines, Outer Premises, Parking Areas, Hazardous Locations, and Others), and Region 2025-2033," the global industrial lighting market size reached USD 9.7 Billion in 2024. Industrial lighting provides adequate illumination and enhances safety and productivity in various industrial settings. It is made using advanced technology and durable materials and is designed to withstand harsh environments and meet specific lighting requirements. It typically consists of high-quality components such as robust housings, efficient light sources, and reliable control systems. Industrial lighting converts electrical energy into light through various mechanisms, including incandescent, fluorescent, light-emitting diode (LED), or high-intensity discharge (HID) technologies. Each lighting technology offers distinct advantages, such as energy efficiency, long lifespan, high brightness, and improved color rendering. One of the key advantages of industrial lighting is its ability to enhance worker safety. Well-illuminated work areas reduce the risk of accidents and injuries caused by poor visibility. It also promotes visual acuity, reducing eye strain and fatigue among workers, thereby boosting productivity.

Global Industrial Lighting Market Trends:

The global industrial lighting market is influenced by a multitude of factors, including the increasing focus on energy efficiency and sustainability in industrial operations. This is further supported by the stringent regulations and initiatives by governments of various nations promoting the use of energy-efficient lighting. Moreover, the rising industrialization and urbanization across the globe have led to the expansion of industrial infrastructures, consequently driving the demand for reliable and high-quality lighting systems. Additionally, advancements in lighting control systems and smart technologies have enabled better energy management and enhanced operational efficiency, thus fostering the market growth. Besides this, the escalating awareness about the negative impacts of inadequate lighting on productivity, safety, and employee well-being and the rapid adoption of the internet of things (IoT) and connected lighting systems in industrial facilities are significantly contributing to the market growth. Furthermore, the emergence of smart cities and the ongoing trend of retrofitting existing industrial infrastructures with energy-efficient lighting systems are accelerating the market growth. In line with this, the declining prices of LED lighting products and the easy availability of cost-effective solutions are positively influencing the market growth. Other factors, including the integration of lighting with other smart technologies, such as sensors and controls, and the increasing focus on enhancing workplace safety and productivity, are propelling the market growth. Looking forward, the market value is projected to reach USD 14.3 Billion by 2033, expanding at a CAGR of 4.15% during 2025-2033.

Market Summary: 

  • By the product type, the market is bifurcated into high/low bay lighting and flood/area lighting.
  • Based on the light source, the market is divided into LED, high-intensity discharge (HID) lighting, and fluorescent lighting.
  • By the offering, the market is segmented into lamps & luminaries, control systems, and services.
  • Based on the type, the market is subdivided into new, replacement, and retrofit installation.
  • On the basis of the application, the market is segregated into warehouse & cold storage, factory & production lines, outer premises, parking areas, hazardous locations, and others.
  • On a regional basis, the market has been categorized into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa. 
  • The competitive landscape of the industry has also been examined with some of the key players being Acuity Brands Inc., Bajaj Electricals Ltd. (Bajaj Group), Dialight plc, Eaton Corporation PLC, Elba SA, Emerson Electric Co., GE Current a Daintree Company, LSI Industries Inc., OSRAM Opto Semiconductors GmbH (OSRAM GmbH), Panasonic Corporation, Wipro Lighting and Zumtobel Group.


Report Coverage:

Report Features Details
Base Year of the Analysis 2024
Historical Period 2019-2024
Forecast Period 2025-2033
Units  Billion USD
Segment Coverage Product Type, Light Source, Offering, Type, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Acuity Brands Inc., Bajaj Electricals Ltd. (Bajaj Group), Dialight plc, Eaton Corporation PLC, Elba SA, Emerson Electric Co., GE Current a Daintree Company, LSI Industries Inc., OSRAM Opto Semiconductors GmbH (OSRAM GmbH), Panasonic Corporation, Wipro Lighting and Zumtobel Group.
Customization Scope 10% Free Customization
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.


Contact Us:

IMARC Group
134 N 4th St.
Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Global Industrial Lighting Market to Reach USD 14.3 Billion by 2033, Accelerated by Increasing Focus on Energy Efficiency and Sustainability in Industrial Operations
Purchase Options New Year Sale
Benefits of Customization
  • Personalize this research
  • Triangulate with your data
  • Get data as per your format and definition
  • Gain a deeper dive into a specific application, geography, customer, or competitor
  • Any level of personalization

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials