Global Commercial Lighting Market – Industry Trends and Forecast to 2028

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Global Commercial Lighting Market – Industry Trends and Forecast to 2028

  • Semiconductors and Electronics
  • Jun 2021
  • Global
  • 350 Pages
  • No of Tables:
  • No of Figures:

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Global Commercial Lighting Market, By Offering (Hardware, Software, Services), Installation Type (New, Retrofit), Application (Indoor Lighting, Outdoor Lighting), End-User (Industrial, Commercial) Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028

Commercial Lighting Market Market Analysis and Insights : Global Commercial Lighting Market

Commercial lighting market will reach at an estimated value of USD 27.9 million by 2028 and grow at a CAGR of 20.10% in the forecast period of 2021 to 2028. Rise in the ongoing and upcoming smart city projects in developing countries is an essential factor driving the commercial lighting market. 

Lighting or illumination is defined as the deliberate use of light to achieve aesthetic effects or practical. Lighting includes the use of both artificial light sources like lamps and light fixtures, along with natural illumination by capturing daylight.

Rise in the focus of governments worldwide on energy conservation is a crucial factor accelerating the market growth, also increase in the acceptance of standard protocols for lighting control systems, rise in the demand for LED lights and luminaires for use in outdoor applications, increase in the use of integrated lighting control systems, rise in the adoption of LED lights all over the globe and rise in the concern over reduction of non-renewable sources of power are the major factors among others boosting the commercial lighting market Moreover, rise in the rapid transition from traditional lighting to connected lighting solutions, increase in the adoption of PoE-based and solar lighting solutions and rise in the research and development activities in the market will further create new opportunities for commercial lighting market in the forecast period mentioned above.

However, increase in the installation costs and rise in the cost of research and development activities in the market acts as the major factors among others restraining the market growth, and will further challenge the commercial lighting market in the forecast period mentioned above.

This commercial lighting market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on commercial lighting market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Commercial Lighting Market Scope and Market Size

Commercial lighting market is segmented on the basis of offering, installation type, application and end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

  • On the basis of offering, commercial lighting market is segmented into hardware, software and services.
  • Based on installation type, the commercial lighting market is segmented into new and retrofit.
  • Based on application, the commercial lighting market is segmented into indoor lighting and outdoor lighting.
  • The commercial lighting market is also segmented on the basis of end-user into industrial and commercial.

Commercial Lighting Market Scope Country Level Analysis

Commercial lighting market is analysed and market size, volume information is provided by country, offering, installation type, application and end-user as referenced above.

The countries covered in the commercial lighting market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

North America dominates the commercial lighting market due to increase in the acceptance of standard protocols for lighting control systems. However, Asia-Pacific is expected to grow in the forecast period due to the rise in the demand for LED lights and luminaires for use in outdoor applications in this region.

The country section of the commercial lighting market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Commercial Lighting Market Share Analysis

Commercial lighting market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to commercial lighting market.

The major players covered in commercial lighting market report are Signify Holding, Legrand, ACUITY BRANDS LIGHTING, INC, GE CURRENT, Leviton Manufacturing Co., Inc, Lutron Electronics Co., Inc, Hubbell, LEDVANCE, Schneider Electric, IDEAL INDUSTRIES, INC, Zumtobel Group, Dialight and OSRAM GmbH among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.


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Table of Content

1. INTRODUCTION

 

1.1 OBJECTIVES OF THE STUDY

1.2 MARKET DEFINITION

1.3 OVERVIEW OF GLOBAL COMMERCIAL LIGHTING MARKET

1.4 CURRENCY AND PRICING

1.5 LIMITATION

1.6 MARKETS COVERED

 

2. MARKET SEGMENTATION

 

2.1 KEY TAKEAWAYS

2.2 ARRIVING AT THE GLOBAL COMMERCIAL LIGHTING MARKET

2.3 VENDOR POSITIONING GRID

2.4 TECHNOLOGY LIFE LINE CURVE

2.5 MARKET GUIDE

2.6 MULTIVARIATE MODELLING

2.7 TOP TO BOTTOM ANALYSIS 

2.8 STANDARDS OF MEASUREMENT

2.9 VENDOR SHARE ANALYSIS

2.10 DATA POINTS FROM KEY PRIMARY INTERVIEWS

2.11 DATA POINTS FROM KEY SECONDARY DATABASES

2.12 GLOBAL COMMERCIAL LIGHTING MARKET: RESEARCH SNAPSHOT

2.13 ASSUMPTIONS

 

3. MARKET OVERVIEW

 

3.1 DRIVERS

3.2 RESTRAINTS

3.3 OPPORTUNITIES

3.4 CHALLENGES

 

4. EXECUTIVE SUMMARY

 

5. PREMIUM INSIGHTS

 

5.1 REGULATORY LANDSCAPE

5.2  CASE STUDIES

5.3 PORTERS MODEL

6. GLOBAL COMMERCIAL LIGHTING MARKET, BY OFFERING

 

6.1 OVERVIEW

6.2 HARDWARE

 

6.2.1 LIGHTS & LUMINAIRES

 

6.2.1.1. SMART BULBS

6.2.1.1.1. LAMPS

6.2.1.1.2. FIXTURES

6.2.1.1.3. DOWNLIGHTS

6.2.1.1.4. FLOODLIGHT

6.2.1.1.5. HIGHBAY

6.2.1.1.6. BATTEN

6.2.1.1.7. PANEL

6.2.1.1.8. SPOTLIGHT

6.2.1.1.9. TRUNKLIGHT

6.2.1.1.10. LINEAR SYSTEM

6.2.1.1.11. BULKHEADS

6.2.1.1.12. STREETLIGHT

6.2.1.1.13. OTHERS

6.2.1.2. FIXTURES

 

6.2.2 LIGHTING CONTROLS

 

6.2.2.1. LED DRIVERS & BALLASTS

6.2.2.2. SENSORS

6.2.2.3. SWITCHES

6.2.2.4. DIMMERS

6.2.2.5. RELAY UNITS

6.2.2.6. GATEWAYS

 

6.3 SOFTWARE

 

6.3.1 LOCAL/WEB-BASED SOFTWARE

6.3.2 CLOUD-BASED SOFTWARE

 

6.4 SERVICES

 

6.4.1 PRE-INSTALLATION SERVICES

6.4.2 POST-INSTALLATION SERVICES

7. GLOBAL COMMERCIAL LIGHTING MARKET, BY MODE OF OPERATION

 

7.1 OVERVIEW

7.2 MANUAL

7.3 AUTOMATIC/SMART LIGHT

 

7.3.1 BY TECHNOLOGY

 

7.3.1.1. WIRED

7.3.1.2. WIRELESS

7.3.1.2.1. ZIGBEE

7.3.1.2.2. BLUETOOTH/ BLUETOOTH LOW ENERGY

7.3.1.2.3. WI-FI

7.3.1.2.4. ENOCEAN

7.3.1.2.5. OTHERS

 

7.3.2 BY APPLICATION

 

7.3.2.1. INDUSTRIAL

7.3.2.1.1. FACTORY

7.3.2.1.2. LOGISTICS

7.3.2.2. RETAIL

7.3.2.3. OFFICES

7.3.2.4. EDUCATION

7.3.2.5. OTHERS

 

8. GLOBAL COMMERCIAL LIGHTING MARKET, BY WATTAGE TYPE

 

8.1 OVERVIEW

8.2 LESS THAN 50 W

8.3 50W-150W

8.4 MORE THAN 150W

 

9. GLOBAL COMMERCIAL LIGHTING MARKET, BY LIGHTING TECHNOLOGY

 

9.1 OVERVIEW

9.2 LIGHT EMITTING DIODE (LES)

 

9.2.1 BY TYPE

 

9.2.1.1. DIRECTIONAL LED LAMPS

9.2.1.2. NON-DIRECTIONAL LAMPS

9.3 COMPACT FLUROESCENT LIGHT BULB(CFL)

 

9.4 INCADESCENT BULBS

10. GLOBAL COMMERCIAL LIGHTING MARKET, BY DISTRIBUTION CHANNEL

 

10.1 OVERVIEW

10.2 TRADITIONAL SALES

 

10.2.1 BY MODE

 

10.2.1.1. WHOLESALES/DISTRIBUTION

10.2.1.2. CONSUMER STORE

10.2.1.3. PROJECT

10.2.1.4. OTHERS

 

10.2.2 BY SALES CHNNEL

 

10.2.2.1. B2B

10.2.2.2. B2C

 

10.3 ON-LINE SALES

 

10.3.1 BY SALES CHNNEL

10.3.1.1. B2B

10.3.1.2. B2C

 

11. GLOBAL COMMERCIAL LIGHTING MARKET, BY INSTALLATION TYPE

 

11.1 OVERVIEW

11.2 NEW INSTALLATION

 

11.2.1 DO-IT-YOURSELF

11.2.2 OTHERS

 

11.3 RETROFIT INSTALLATION

 

11.3.1 DO-IT-YOURSELF

11.3.2 OTHERS

 

12. GLOBAL COMMERCIAL LIGHTING MARKET, BY APPLICATION

 

12.1 OVERVIEW

12.2 RETAIL

12.3 HOSPITALITY

12.4 OFFICE LIGHTING

12.5 HALLS

12.6 SHOP LIGHTING

12.7 HOTELS AND RESTAURANTS

12.8 SPORTING FACILITY

12.9 HOSPITALS

12.10 OTHERS

 

13. GLOBAL COMMERCIAL LIGHTING MARKET, BY END USER

 

13.1 OVERVIEW

13.2 OUTDOOR

13.3 INDOOR

 

14. GLOBAL BRAODBAND SERVICES MARKET, BY GEOGRAPHY

 

14.1 GLOBALBRAODBAND SERVICES MARKET, (ALL SEGMENTATION PROVIDED ABOVE IS REPRESENTED IN THIS CHAPTER BY COUNTRY)

 

14.1.1 NORTH AMERICA

 

14.1.1.1. U.S.

14.1.1.2. CANADA

14.1.1.3. MEXICO

 

14.1.2 EUROPE

 

14.1.2.1. GERMANY

14.1.2.2. FRANCE

14.1.2.3. U.K.

14.1.2.4. ITALY

14.1.2.5. SPAIN

14.1.2.6. RUSSIA

14.1.2.7. TURKEY

14.1.2.8. BELGIUM

14.1.2.9. NETHERLANDS

14.1.2.10. SWITZERLAND

14.1.2.11. REST OF EUROPE

 

14.1.3 ASIA PACIFIC

 

14.1.3.1. JAPAN

14.1.3.2. CHINA

14.1.3.3. SOUTH KOREA

14.1.3.4. INDIA

14.1.3.5. AUSTRALIA

14.1.3.6. SINGAPORE

14.1.3.7. THAILAND

14.1.3.8. MALAYSIA

14.1.3.9. INDONESIA

14.1.3.10. PHILIPPINES

14.1.3.11. REST OF ASIA PACIFIC

 

14.1.4 SOUTH AMERICA

 

14.1.4.1. BRAZIL

14.1.4.2. ARGENTINA

14.1.4.3. REST OF SOUTH AMERICA

14.1.5 MIDDLE EAST AND AFRICA

 

14.1.5.1. SOUTH AFRICA

14.1.5.2. EGYPT

14.1.5.3. SAUDI ARABIA

14.1.5.4. U.A.E

14.1.5.5. ISRAEL

14.1.5.6. REST OF MIDDLE EAST AND AFRICA

 

14.2 KEY PRIMARY INSIGHTS: BY MAJOR COUNTRIES

 

15. GLOBAL COMMERCIAL LIGHTING MARKET, COMPANY LANDSCAPE

 

15.1 COMPANY SHARE ANALYSIS: GLOBAL

15.2 COMPANY SHARE ANALYSIS: NORTH AMERICA

15.3 COMPANY SHARE ANALYSIS: EUROPE

15.4 COMPANY SHARE ANALYSIS: ASIA-PACIFIC

15.5 MERGERS & ACQUISITIONS

15.6 NEW PRODUCT DEVELOPMENT & APPROVALS

15.7 EXPANSIONS

15.8 REGULATORY CHANGES

15.9 PARTNERSHIP AND OTHER STRATEGIC DEVELOPMENTS

 

16. GLOBAL COMMERCIAL LIGHTING MARKET, SWOT ANALYSIS

 

17. GLOBAL COMMERCIAL LIGHTING MARKET, COMPANY PROFILE

 

17.1 SIGNIFY

 

17.1.1 COMPANY SNAPSHOT

17.1.2 REVENUE ANALYSIS

17.1.3 GEOGRAPHIC PRESENCE

17.1.4 PRODUCT PORTFOLIO

17.1.5 RECENT DEVELOPMENTS

 

17.2 LEGRAND S.A.

 

17.2.1 COMPANY SNAPSHOT

17.2.2 REVENUE ANALYSIS

17.2.3 GEOGRAPHIC PRESENCE

17.2.4 PRODUCT PORTFOLIO

17.2.5 RECENT DEVELOPMENTS

 

17.3 ACUITY BRANDS, INC.

 

17.3.1 COMPANY SNAPSHOT

17.3.2 REVENUE ANALYSIS

17.3.3 GEOGRAPHIC PRESENCE

17.3.4 PRODUCT PORTFOLIO

17.3.5 RECENT DEVELOPMENTS

 

17.4 GE CURRENT

 

17.4.1 COMPANY SNAPSHOT

17.4.2 REVENUE ANALYSIS

17.4.3 GEOGRAPHIC PRESENCE

17.4.4 PRODUCT PORTFOLIO

17.4.5 RECENT DEVELOPMENTS

 

17.5 OSRAM GMBH

 

17.5.1 COMPANY SNAPSHOT

17.5.2 REVENUE ANALYSIS

17.5.3 GEOGRAPHIC PRESENCE

17.5.4 PRODUCT PORTFOLIO

17.5.5 RECENT DEVELOPMENTS 

 

17.6 LEVITON MANUFACTURING COMPANY, INC.

 

17.6.1 COMPANY SNAPSHOT

17.6.2 REVENUE ANALYSIS

17.6.3 GEOGRAPHIC PRESENCE

17.6.4 PRODUCT PORTFOLIO

17.6.5 RECENT DEVELOPMENTS

 

17.7 LUTRON ELECTRONICS

 

17.7.1 COMPANY SNAPSHOT

17.7.2 REVENUE ANALYSISVV 

17.7.3 GEOGRAPHIC PRESENCE

17.7.4 PRODUCT PORTFOLIO

17.7.5 RECENT DEVELOPMENTS

 

17.8 HUBBELL INCORPORATED

 

17.8.1 COMPANY SNAPSHOT

17.8.2 REVENUE ANALYSIS

17.8.3 GEOGRAPHIC PRESENCE

17.8.4 PRODUCT PORTFOLIO

17.8.5 RECENT DEVELOPMENTS

 

17.9 LEDVANCE GMBH

 

17.9.1 COMPANY SNAPSHOT

17.9.2 REVENUE ANALYSIS

17.9.3 GEOGRAPHIC PRESENCE

17.9.4 PRODUCT PORTFOLIO

17.9.5 RECENT DEVELOPMENTS

17.10 SCHNEIDER ELECTRIC SE

 

17.10.1 COMPANY SNAPSHOT

17.10.2 REVENUE ANALYSIS

17.10.3 GEOGRAPHIC PRESENCE

17.10.4 PRODUCT PORTFOLIO

17.10.5 RECENT DEVELOPMENTS

 

17.11 IDEAL INDUSTRIES, INC.

 

17.11.1 COMPANY SNAPSHOT

17.11.2 REVENUE ANALYSIS

17.11.3 GEOGRAPHIC PRESENCE

17.11.4 PRODUCT PORTFOLIO

17.11.5 RECENT DEVELOPMENTS

 

17.12 ZUMTOBEL GROUP

 

17.12.1 COMPANY SNAPSHOT

17.12.2 REVENUE ANALYSIS

17.12.3 GEOGRAPHIC PRESENCE

17.12.4 PRODUCT PORTFOLIO

17.12.5 RECENT DEVELOPMENTS

 

17.13 WOLFSPEED, INC.

 

17.13.1 COMPANY SNAPSHOT

17.13.2 REVENUE ANALYSIS

17.13.3 GEOGRAPHIC PRESENCE

17.13.4 PRODUCT PORTFOLIO

17.13.5 RECENT DEVELOPMENTS

 

17.14 DECO LIGHTING, INC.

 

17.14.1 COMPANY SNAPSHOT

17.14.2 REVENUE ANALYSIS

17.14.3 GEOGRAPHIC PRESENCE

17.14.4 PRODUCT PORTFOLIO

17.14.5 RECENT DEVELOPMENTS

 

17.15 DIALIGHT PLC.

 

17.15.1 COMPANY SNAPSHOT

17.15.2 REVENUE ANALYSIS

17.15.3 GEOGRAPHIC PRESENCE

17.15.4 PRODUCT PORTFOLIO

17.15.5 RECENT DEVELOPMENTS

17.16 EATON CORPORATION

 

17.16.1 COMPANY SNAPSHOT

17.16.2 REVENUE ANALYSIS

17.16.3 GEOGRAPHIC PRESENCE

17.16.4 PRODUCT PORTFOLIO

17.16.5 RECENT DEVELOPMENTS

 

17.17 KONINKLIJKE PHILIPS N.V.

 

17.17.1 COMPANY SNAPSHOT

17.17.2 REVENUE ANALYSIS

17.17.3 GEOGRAPHIC PRESENCE

17.17.4 PRODUCT PORTFOLIO

17.17.5 RECENT DEVELOPMENTS

 

17.18 SYSKA

 

17.18.1 COMPANY SNAPSHOT

17.18.2 REVENUE ANALYSIS

17.18.3 GEOGRAPHIC PRESENCE

17.18.4 PRODUCT PORTFOLIO

17.18.5 RECENT DEVELOPMENTS

 

17.19 ZUMTOBEL GROUP

 

17.19.1 COMPANY SNAPSHOT

17.19.2 REVENUE ANALYSIS

17.19.3 GEOGRAPHIC PRESENCE

17.19.4 PRODUCT PORTFOLIO

17.19.5 RECENT DEVELOPMENTS

 

17.20 WAC LIGHTING

 

17.20.1 COMPANY SNAPSHOT

17.20.2 REVENUE ANALYSIS

17.20.3 GEOGRAPHIC PRESENCE

17.20.4 PRODUCT PORTFOLIO

17.20.5 RECENT DEVELOPMENTS

 

17.21 WIPRO LIGHTING LIMITED

 

17.21.1 COMPANY SNAPSHOT

17.21.2 REVENUE ANALYSIS

17.21.3 GEOGRAPHIC PRESENCE

17.21.4 PRODUCT PORTFOLIO

17.21.5 RECENT DEVELOPMENTS

17.22 HONEYWELL LED LIGHTING

 

17.22.1 COMPANY SNAPSHOT

17.22.2 REVENUE ANALYSIS

17.22.3 GEOGRAPHIC PRESENCE

17.22.4 PRODUCT PORTFOLIO

17.22.5 RECENT DEVELOPMENTS

 

NOTE: THE COMPANIES PROFILED IS NOT EXHAUSTIVE LIST AND IS AS PER OUR PREVIOUS CLIENT REQUIREMENT. WE PROFILE MORE THAN 100 COMPANIES IN OUR STUDY AND HENCE THE LIST OF COMPANIES CAN BE MODIFIED OR REPLACED ON REQUEST

 

18. RELATED REPORTS

 

19. QUESTIONNAIRE 

 

20. ABOUT DATA BRIDGE MARKET RESEARCH

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Global Commercial Lighting Market, Supply Chain Analysis and Ecosystem Framework

To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Commercial Lighting Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Commercial Lighting Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.

Research Methodology

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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