Industrial And Commercial LED Lighting Global Market To Grow...| MENAFN.COM

Thursday, 08 December 2022 11:37 GMT

Industrial And Commercial LED Lighting Global Market To Grow At Rate Of 22% Through 2026


(MENAFN- EIN Presswire)

Industrial And Commercial LED Lighting Global Market Report 2022: Market Size, Trends, And Forecast To 2026

The Business Research Company's Industrial And Commercial LED Lighting Global Market Report 2022: Market Size, Trends, And Forecast To 2026

LONDON, GREATER LONDON, UK, September 19, 2022 /EINPresswire.com / -- According to 'Industrial And Commercial LED Lighting Global Market Report 2022' published by The Business Research Company, the industrial and commercial LED lighting market size is expected to grow from $35.55 billion in 2021 to $43.20 billion in 2022 at a compound annual growth rate (CAGR) of 21.50%. The global industrial and commercial LED lighting market size is expected to grow to $94.38 billion in 2026 at a compound annual growth rate (CAGR) of 21.58%. The increasing construction of new structures and remodeling of existing buildings are significantly driving the industrial and commercial LED lighting market growth.

Want to learn more on the industrial and commercial LED lighting market growth? Request for a Sample now:

The industrial and commercial LED lighting market consists of sales of industrial and commercial LED lighting by entities (organizations, partnerships, and sole proprietors) that refer to LED lighting products used in factories, industries, and other commercial spaces. Industrial and commercial LED lighting offers high quality lighting solutions that are needed for industrial and commercial applications. Certain industrial LED lighting bulbs offer four to forty times the life of traditional lighting solutions, resulting in significant cost savings.

Global Industrial And Commercial LED Lighting Market Trends
Technological advancement is a key trend gaining popularity in the industrial and commercial LED lighting markets. The key players in the industrial and commercial LED lighting markets are focusing on developing technologically advanced products to strengthen their position in the market. Companies are developing and offering smart LED lights that are Wi-Fi-enabled and can be controlled by an external device via a mobile app. The smart LED lights offer safety, comfort, energy efficiency, and are cost-effective. They can be used in various applications, such as home, commercial, and industrial settings.

Global Industrial And Commercial LED Lighting Market Segments
By Product Type: LED Lamps, LED Fixtures
By Installation: New Installation, Retrofit
By Distribution: Direct Sales, Online Stores, Specialty Stores, Others
By Application: Retail, Manufacturing, Hospitality, Warehouses And Storage, Office Buildings, Others
By Geography: The global industrial and commercial LED lighting market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest share.

Read more on the global industrial and commercial LED lighting market report at:

Industrial And Commercial LED Lighting Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides industrial and commercial LED lighting global market overviews, industrial and commercial LED lighting industry analysis and forecasts market size and growth for the industrial and commercial LED lighting global market, industrial and commercial LED lighting global market share, industrial and commercial LED lighting global market segments and geographies, industrial and commercial LED lighting market players, industrial and commercial LED lighting market leading competitor revenues, profiles and market shares. The industrial and commercial LED lighting market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors' approaches.

TBRC's Industrial And Commercial LED Lighting Global Market Report 2022 includes information on the following:

Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies

Key Market Players: Deco Lighting, Dialight Plc, Eaton Corporation Plc, General Electric Company, Koninklijke Philips NV, Osram Licht AG, Toshiba Corporation, Syska, Zumtobel Group AG, Cree Inc, Cooper Industries Plc, Digital Lumens Inc, Sonaray LED Lighting and Hubbell Lighting.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

And so much more.

Looking for something else? Here is a list of similar reports by The Business Research Company:

Light Control Switches Global Market Report 2022

General Lighting Global Market Report 2022

Smart LED Bulbs Global Market Report 2022

About The Business Research Company?
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

Contact Information:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email:

Check out our:
TBRC Blog:
LinkedIn:
Twitter:
Facebook:
YouTube:
Global Market Model:

Oliver Guirdham
The Business Research Company
+44 20 7193 0708

Visit us on social media:
Facebook
Twitter
LinkedIn

Market Research Products, Services, Solutions For Your Business - TBRC

MENAFN19092022003118003196ID1104885477


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.