- LED lighting solutions, known for their energy efficiency, durability, and versatility, are critical components in modern industrial and commercial facilities, offering superior illumination, reduced energy consumption, and integration with smart lighting system
- The growing demand for LED lighting is fueled by stringent energy regulations, the shift toward green building practices, and the increasing preference for smart and connected lighting solutions
- North America dominated the industrial and commercial LED lighting market with the largest revenue share of 38.75% in 2024, driven by early adoption of energy-efficient technologies, high investment in infrastructure, and the presence of leading market players
- Asia-Pacific is expected to be the fastest-growing region during the forecast period, attributed to rapid urbanization, rising industrial activities, and supportive government policies promoting energy-efficient lighting solutions
- The LED fixtures segment dominated the largest market revenue share of 62.3% in 2024, driven by their widespread adoption in industrial and commercial settings due to their durability, energy efficiency, and seamless integration into existing infrastructure
