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Global Industrial Lighting Market To Grow At A CAGR Of 2.18% During The Period 2017-2021

Press Release   •   Jan 13, 2017 04:23 EST

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About Industrial Lighting

The lighting industry includes general lighting, automotive lighting, and backlighting. The general lighting market is the major revenue-generating segment, followed by automotive lighting and backlighting. The general lighting market includes lighting applications for residential, industrial, commercial, outdoor, and architectural purposes. The residential and commercial segments are the major drivers for the general lighting market. General lighting can be either traditional or LED lighting. Traditional lighting is categorized into linear fluorescent lamps (LFLs), compact fluorescent lamps (CFLs), and others which include incandescent bulbs, halogens, and high-intensity discharge (HID) lights. The traditional lighting market will observe a decline in sales due to the rising popularity of LED technology.

Technavios analysts forecast the global industrial lighting market to grow at a CAGR of 2.18% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global industrial lighting market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of industrial lighting.

The market is divided into the following segments based on geography:




Technavio's report, Global Industrial Lighting Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

GE Lighting


LG Innotek




Schneider Electric

Other prominent vendors

Acuity Brands

Advanced Lighting Technologies


Citizen Electronics

Eaton Lighting


Kingsun LED Lighting

Energy Focus

Everlight Electronics



Lemnis Lighting

Luminus Devices


NVC Lighting Technology

Seoul Semiconductor

Toyoda Gosei

Market driver

Strong government support

For a full, detailed list, view our report

Market challenge

Absence of global LED standardization

For a full, detailed list, view our report

Market trend

Advances in lighting technology

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.

Table Of Content

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

Key market highlights

PART 05: Technology landscape

Comparison of LEDs, incandescent bulbs, and CFLs

Cost benefit analysis for LEDs and incandescent bulbs

PART 06: Market landscape

Market overview

Market size and forecast

Five forces analysis

PART 07: Market segmentation by application

Global industrial lighting market by traditional technology

Global industrial lighting market by LED technology

PART 08: Geographical segmentation

Industrial lighting market in APAC

Industrial lighting market in EMEA

Industrial lighting market in Americas

PART 09: Market drivers

Strong government support

Rising need for energy-efficient LED bulbs

Upcoming major events and infrastructure projects

PART 10: Impact of drivers

PART 11: Market challenges

Absence of global LED standardization

High penetration of traditional lighting sources

Higher import duties

PART 12: Impact of drivers and challenges

PART 13: Market trends

Advances in lighting technology

Emergence of Internet-connected lightbulbs

Growing adoption of smart lighting systems

PART 14: Vendor landscape

Competitive scenario

Key vendors

Other prominent vendors

PART 15: Appendix