Industrial And Commercial Led Lighting Market
Industrial & Commercial Led Lighting Market Forecasts to 2032 – Global Analysis By Product Type (Lamps, Luminaires, and Other Product Types), Installation Type, Technology, Distribution Channel, Application, End User and By Geography
According to Stratistics MRC, the Global Industrial & Commercial Led Lighting Market is accounted for $65135.22 million in 2025 and is expected to reach $149480.54 million by 2032 growing at a CAGR of 12.6% during the forecast period. Industrial and commercial LED lighting encompasses advanced, energy saving illumination systems tailored for business and industrial settings. In industrial contexts such as factories, warehouses, and production plants LED solutions emphasize robustness, high brightness, and resilience to demanding conditions. In commercial spaces like offices, retail outlets, hospitality venues, and public areas, the focus shifts to visual appeal, comfort, and functionality. Both applications harness LED technology to cut energy use, reduce upkeep, and deliver reliable, high‑quality light suited to specific operational requirements.
According to recent updates from the U.S. Department of Energy and utility reports, commercial lighting accounts for nearly 20% of total energy consumption in buildings, prompting large-scale adoption of LED systems to lower operational costs and meet energy compliance requirements.
Market Dynamics:
Driver:
Energy efficiency & lower operating costs
Industrial and commercial LED lighting is increasingly adopted as businesses prioritize energy efficiency to meet sustainability goals and reduce operational expenses. Advances in semiconductor technology have improved lumen output per watt, enabling higher brightness with lower power consumption. Long product life-spans reduce replacement frequency, cutting maintenance costs for large-scale facilities. Integration with building automation systems allows dynamic lighting control, optimizing energy use based on occupancy and daylight levels. Retrofitting older infrastructure with LEDs is becoming more cost-effective due to falling component prices and government incentives. This shift is driving widespread adoption across manufacturing plants, warehouses, offices, and public infrastructure.
Restraint:
Voltage sensitivity and temperature dependency
Despite their advantages, LED lighting systems can be sensitive to voltage fluctuations, which may impact performance and lifespan in industrial environments. Extreme temperatures, particularly in manufacturing or outdoor applications, can degrade LED efficiency and cause premature failures without proper thermal management. High-quality drivers and heat dissipation technologies are essential but can increase upfront costs. In regions with unstable power grids, additional investment in surge protection and voltage regulation is often required. These technical constraints can slow adoption in certain geographies or sectors with harsh operating conditions.
Opportunity:
Rise of smart and IoT-enabled lighting
The rapid adoption of smart and IoT-enabled lighting systems is opening new growth avenues in the industrial and commercial LED market. Connected lighting platforms allow remote monitoring, predictive maintenance, and integration with energy management systems. Emerging technologies such as Li-Fi, occupancy sensors, and AI-driven lighting optimization are enhancing operational efficiency and user experience. Cloud-based analytics enable facility managers to track energy consumption patterns and automate adjustments in real time. These capabilities are particularly valuable for large-scale commercial complexes, logistics hubs, and smart city projects. As IoT infrastructure expands, demand for intelligent LED lighting solutions is expected to accelerate significantly.
Threat:
Vulnerability to cyber-security threats
The increasing connectivity of LED lighting systems introduces potential cybersecurity risks for industrial and commercial facilities. IoT-enabled fixtures and control platforms can be exploited as entry points for network breaches if not properly secured. Cyberattacks could disrupt lighting operations, compromise building management systems, or expose sensitive operational data. The complexity of integrating lighting with other smart infrastructure increases the need for robust encryption, authentication, and regular software updates. Regulatory bodies are beginning to set cybersecurity standards for connected devices, adding compliance requirements for manufacturers and operators.
Covid-19 Impact
The COVID-19 pandemic initially slowed the industrial and commercial LED lighting market due to project delays, supply chain disruptions, and reduced construction activity. However, the crisis also accelerated interest in energy-efficient retrofits as businesses sought cost savings in uncertain economic conditions. Demand for human-centric lighting and UV-C disinfection systems grew in healthcare, retail, and office environments. Remote commissioning and cloud-based lighting control gained traction as facility managers adapted to limited on-site access. As economies reopened, pent-up demand and stimulus-backed infrastructure projects reignited market growth.
The luminaires segment is expected to be the largest during the forecast period
The luminaires segment is expected to account for the largest market share during the forecast period, driven by the demand for integrated, ready-to-install lighting solutions in commercial and industrial spaces. Technological advancements have led to more efficient optical designs, improved thermal management, and enhanced aesthetics. Luminaires are increasingly designed with smart controls, enabling seamless integration into building management systems. Their versatility across indoor, outdoor, and architectural applications makes them a preferred choice for large-scale projects. Energy codes and green building certifications are further boosting adoption of high-performance luminaires. Continuous innovation in form factors and materials is expected to sustain their leadership in the market.
The commercial segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the commercial segment is predicted to witness the highest growth rate, fueled by rapid urbanization, expansion of retail and office spaces, and modernization of hospitality infrastructure. Smart lighting solutions are being deployed to enhance customer experience, improve employee productivity, and reduce energy costs. Integration with IoT platforms allows real-time monitoring and adaptive lighting based on occupancy and daylight. Government incentives for energy-efficient upgrades are encouraging retrofits in malls, hotels, and corporate campuses. The shift toward flexible workspaces and wellness-focused environments is driving demand for tunable white and human-centric lighting.
Region with largest share:
During the forecast period, the Asia Pacific region is expected to hold the largest market share supported by rapid industrialization, urban infrastructure development, and strong manufacturing capabilities. Countries like China, Japan, and South Korea are leading in both production and adoption of advanced LED technologies. Government-led energy efficiency programs and smart city initiatives are accelerating large-scale deployments. The region’s robust supply chain and competitive manufacturing costs make it a global hub for LED exports. Expanding commercial real estate and industrial facilities are further boosting demand for high-performance lighting solutions. With sustained investment in technology and infrastructure, Asia Pacific will remain the anchor region for market growth.
Region with highest CAGR:
Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, driven by aggressive adoption of smart and connected lighting systems in commercial and industrial facilities. Strong regulatory frameworks promoting energy efficiency and carbon reduction are accelerating retrofits and new installations. The region is witnessing rapid integration of lighting with IoT, AI, and building automation platforms. High-profile infrastructure modernization projects, such as large-scale streetlight conversions, are showcasing significant energy savings and ROI. Growing emphasis on workplace wellness and human-centric lighting is influencing design and procurement decisions. With a mature technology ecosystem and strong innovation pipeline, North America is emerging as a key growth engine for the sector.
Key players in the market
Some of the key players profiled in the Industrial & Commercial Led Lighting Market include Signify N.V., Schneider Electric SE, Acuity Brands, Inc., Panasonic Corporation, Hubbell Incorporated, Havells India Ltd., Zumtobel Group AG, GE Current, Dialight plc, Osram Licht AG, Cree Lighting, Eaton Corporation plc, WAC Lighting, Wipro Lighting Limited, and Siteco GmbH.
Key Developments:
In August 2025, Schneider Electric announced the signing of a long-term framework agreement with E.ON, one of Europe’s largest energy companies. This strategic partnership marks a significant step forward in the deployment of sustainable and digital-ready energy infrastructure across Europe. Schneider Electric will support E.ON’s ambitious goals with its latest SF6-free medium-voltage (MV) switchgear and a suite of digital technologies.
In May 2025, Signify announced that it has strengthened its circular lighting portfolio with the launch of Europe’s first LED tube made with recycled plastic. Furthermore, as part of the Signify Sustainable Packaging requirements, the packaging is made from 80% recycled paper. Available for the first time on the mainstream market in Europe, the full range of MASTER T8 EM/mains will be upgraded to using PCR plastics and will also be available in ASEAN, Indonesia and Greater China markets.
Product Types Covered:
• Lamps
• Luminaires
• Other Product Types
Installation Types Covered:
• New Installation
• Retrofit / Replacement
Technologies Covered:
• Standard LED Lighting
• Smart & Connected LED Lighting
Distribution Channels Covered:
• Direct Sales
• Indirect Sales
Applications Covered:
• Indoor
• Outdoor
End Users Covered:
• Industrial
• Commercial
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Technology Analysis
3.8 Application Analysis
3.9 End User Analysis
3.10 Emerging Markets
3.11 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Industrial & Commercial Led Lighting Market, By Product Type
5.1 Introduction
5.2 Lamps
5.2.1 LED Bulbs
5.2.2 LED Tubes
5.2.3 Retrofit Lamps
5.3 Luminaires
5.3.1 High Bay & Low Bay Fixtures
5.3.2 Downlights & Spotlights
5.3.3 Floodlights
5.3.4 Panel & Troffer Lights
5.3.5 Street & Area Lights
5.4 Other Product Types
6 Global Industrial & Commercial Led Lighting Market, By Installation Type
6.1 Introduction
6.2 New Installation
6.3 Retrofit / Replacement
7 Global Industrial & Commercial Led Lighting Market, By Technology
7.1 Introduction
7.2 Standard LED Lighting
7.3 Smart & Connected LED Lighting
7.3.1 IoT Enabled Fixtures
7.3.2 Sensor Integrated Systems
7.3.3 Wireless Control & Automation
8 Global Industrial & Commercial Led Lighting Market, By Distribution Channel
8.1 Introduction
8.2 Direct Sales
8.3 Indirect Sales
8.3.1 Wholesalers & Distributors
8.3.2 Electrical Contractors & Integrators
8.3.3 Retail & E Commerce
9 Global Industrial & Commercial Led Lighting Market, By Application
9.1 Introduction
9.2 Indoor
9.2.1 Manufacturing Facilities
9.2.2 Healthcare Facilities
9.2.3 Warehouses & Logistics Centers
9.2.4 Offices
9.2.5 Retail Stores & Shopping Malls
9.2.6 Educational Institutions
9.2.7 Hospitality
9.3 Outdoor
9.3.1 Parking Lots & Garages
9.3.2 Street & Roadway Lighting
9.3.3 Industrial Yards & Ports
9.3.4 Stadiums & Sports Complexes
10 Global Industrial & Commercial Led Lighting Market, By End User
10.1 Introduction
10.2 Industrial
10.2.1 Manufacturing
10.2.2 Oil & Gas
10.2.3 Mining & Construction
10.3 Commercial
10.4 Other End Users
11 Global Industrial & Commercial Led Lighting Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Signify N.V.
13.2 Schneider Electric SE
13.3 Acuity Brands, Inc.
13.4 Panasonic Corporation
13.5 Hubbell Incorporated
13.6 Havells India Ltd.
13.7 Zumtobel Group AG
13.8 GE Current
13.9 Dialight plc
13.10 Osram Licht AG
13.11 Cree Lighting
13.12 Eaton Corporation plc
13.13 WAC Lighting
13.14 Wipro Lighting Limited
13.15 Siteco GmbH
List of Tables
1 Global Industrial & Commercial Led Lighting Market Outlook, By Region (2024-2032) ($MN)
2 Global Industrial & Commercial Led Lighting Market Outlook, By Product Type (2024-2032) ($MN)
3 Global Industrial & Commercial Led Lighting Market Outlook, By Lamps (2024-2032) ($MN)
4 Global Industrial & Commercial Led Lighting Market Outlook, By LED Bulbs (2024-2032) ($MN)
5 Global Industrial & Commercial Led Lighting Market Outlook, By LED Tubes (2024-2032) ($MN)
6 Global Industrial & Commercial Led Lighting Market Outlook, By Retrofit Lamps (2024-2032) ($MN)
7 Global Industrial & Commercial Led Lighting Market Outlook, By Luminaires (2024-2032) ($MN)
8 Global Industrial & Commercial Led Lighting Market Outlook, By High Bay & Low Bay Fixtures (2024-2032) ($MN)
9 Global Industrial & Commercial Led Lighting Market Outlook, By Downlights & Spotlights (2024-2032) ($MN)
10 Global Industrial & Commercial Led Lighting Market Outlook, By Floodlights (2024-2032) ($MN)
11 Global Industrial & Commercial Led Lighting Market Outlook, By Panel & Troffer Lights (2024-2032) ($MN)
12 Global Industrial & Commercial Led Lighting Market Outlook, By Street & Area Lights (2024-2032) ($MN)
13 Global Industrial & Commercial Led Lighting Market Outlook, By Other Product Types (2024-2032) ($MN)
14 Global Industrial & Commercial Led Lighting Market Outlook, By Installation Type (2024-2032) ($MN)
15 Global Industrial & Commercial Led Lighting Market Outlook, By New Installation (2024-2032) ($MN)
16 Global Industrial & Commercial Led Lighting Market Outlook, By Retrofit / Replacement (2024-2032) ($MN)
17 Global Industrial & Commercial Led Lighting Market Outlook, By Technology (2024-2032) ($MN)
18 Global Industrial & Commercial Led Lighting Market Outlook, By Standard LED Lighting (2024-2032) ($MN)
19 Global Industrial & Commercial Led Lighting Market Outlook, By Smart & Connected LED Lighting (2024-2032) ($MN)
20 Global Industrial & Commercial Led Lighting Market Outlook, By IoT Enabled Fixtures (2024-2032) ($MN)
21 Global Industrial & Commercial Led Lighting Market Outlook, By Sensor Integrated Systems (2024-2032) ($MN)
22 Global Industrial & Commercial Led Lighting Market Outlook, By Wireless Control & Automation (2024-2032) ($MN)
23 Global Industrial & Commercial Led Lighting Market Outlook, By Distribution Channel (2024-2032) ($MN)
24 Global Industrial & Commercial Led Lighting Market Outlook, By Direct Sales (2024-2032) ($MN)
25 Global Industrial & Commercial Led Lighting Market Outlook, By Indirect Sales (2024-2032) ($MN)
26 Global Industrial & Commercial Led Lighting Market Outlook, By Wholesalers & Distributors (2024-2032) ($MN)
27 Global Industrial & Commercial Led Lighting Market Outlook, By Electrical Contractors & Integrators (2024-2032) ($MN)
28 Global Industrial & Commercial Led Lighting Market Outlook, By Retail & E Commerce (2024-2032) ($MN)
29 Global Industrial & Commercial Led Lighting Market Outlook, By Application (2024-2032) ($MN)
30 Global Industrial & Commercial Led Lighting Market Outlook, By Indoor (2024-2032) ($MN)
31 Global Industrial & Commercial Led Lighting Market Outlook, By Manufacturing Facilities (2024-2032) ($MN)
32 Global Industrial & Commercial Led Lighting Market Outlook, By Healthcare Facilities (2024-2032) ($MN)
33 Global Industrial & Commercial Led Lighting Market Outlook, By Warehouses & Logistics Centers (2024-2032) ($MN)
34 Global Industrial & Commercial Led Lighting Market Outlook, By Offices (2024-2032) ($MN)
35 Global Industrial & Commercial Led Lighting Market Outlook, By Retail Stores & Shopping Malls (2024-2032) ($MN)
36 Global Industrial & Commercial Led Lighting Market Outlook, By Educational Institutions (2024-2032) ($MN)
37 Global Industrial & Commercial Led Lighting Market Outlook, By Hospitality (2024-2032) ($MN)
38 Global Industrial & Commercial Led Lighting Market Outlook, By Outdoor (2024-2032) ($MN)
39 Global Industrial & Commercial Led Lighting Market Outlook, By Parking Lots & Garages (2024-2032) ($MN)
40 Global Industrial & Commercial Led Lighting Market Outlook, By Street & Roadway Lighting (2024-2032) ($MN)
41 Global Industrial & Commercial Led Lighting Market Outlook, By Industrial Yards & Ports (2024-2032) ($MN)
42 Global Industrial & Commercial Led Lighting Market Outlook, By Stadiums & Sports Complexes (2024-2032) ($MN)
43 Global Industrial & Commercial Led Lighting Market Outlook, By End User (2024-2032) ($MN)
44 Global Industrial & Commercial Led Lighting Market Outlook, By Industrial (2024-2032) ($MN)
45 Global Industrial & Commercial Led Lighting Market Outlook, By Manufacturing (2024-2032) ($MN)
46 Global Industrial & Commercial Led Lighting Market Outlook, By Oil & Gas (2024-2032) ($MN)
47 Global Industrial & Commercial Led Lighting Market Outlook, By Mining & Construction (2024-2032) ($MN)
48 Global Industrial & Commercial Led Lighting Market Outlook, By Commercial (2024-2032) ($MN)
49 Global Industrial & Commercial Led Lighting Market Outlook, By Other End Users (2024-2032) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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