| Study Period | 2019 - 2030 |
| Market Size (2025) | USD 7.83 Billion |
| Market Size (2030) | USD 11.29 Billion |
| CAGR (2025 - 2030) | 7.59 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Industrial Lighting Market Analysis
The Industrial Lighting Market size is estimated at USD 7.83 billion in 2025, and is expected to reach USD 11.29 billion by 2030, at a CAGR of 7.59% during the forecast period (2025-2030).
The availability of a wide range of lighting products at competitive prices and the increasing demand for energy-efficient lighting systems across various industrial sectors drive the industrial lighting market's growth.
- Over the years, the demand for industrial lighting has been experiencing steady growth, and this trend is expected to continue over the coming years as well, owing to the increasing use at warehouses and for logistics, industrial establishments, etc., across the world. Industrial lighting is often used in places that have risks of injury and accidents and play an important role in enhancing the safety and productivity of workers.
- Industrial operators often face challenges associated with high maintenance costs due to heat losses of the traditional and most common lighting fixtures in commercial and industrial settings, i.e., fluorescent and high-intensity discharge (HID) lights. LED lights that offer greater energy and cost savings, along with low maintenance costs, have witnessed a significant demand in the past few years.
- As the industrial output continues to grow rapidly across multiple regions, the reliance on electricity is also increasing. Also, the manufacturers are often challenged with substantial operational costs. This is one of the key factors compelling manufacturers to adopt energy-efficient lighting solutions. Additionally, many regulations imposed worldwide are promoting the use of energy-efficient lighting solutions, such as LED.
- The initial cost required for integrating or replacing the existing lighting systems in manufacturing plants and production facilities is usually high, especially for small and medium industries. Consequently, certain end-users still prefer compact fluorescent lamps (CFL), LFL, and HIDs over new and emerging LEDs, as they have a comparatively lower cost, which hampers the market growth.
- Covid-19 halted many construction activities in the industrial sector, especially in the initial months of the outbreak, temporarily dampening the market demand. However, with many pandemic-related restrictions easing up, construction activities have started picking up in many regions, and the market is witnessing renewed growth.
Industrial Lighting Market Trends
LED Light Source is Expected to Hold Major Share
- LEDs have features such as longevity, energy efficiency, low operational/maintenance costs, and the ability to deliver an increasingly shorter return on investment (ROI), which might ultimately drive their demand in the industrial lighting market. Moreover, LEDs do not produce any harmful ultraviolet or infrared radiation, thereby offering several benefits, such as lowered cooling costs, maintenance simplification, prolonged product life, and providing a margin of safety in an industrial environment.
- LEDs do not have any moving parts, are very durable, and can withstand shock and corrosion better. An added advantage is their inability to ignite with a spark. With such properties, LEDs are highly suitable for mining industry applications that are often subject to high vibrations, debris, chemicals, and explosive solutions.
- For instance, in August 2021, Dialight Group, a provider of industrial LED lighting solutions, launched its new ProSite LED floodlight range for the EMEA and APAC markets. The new floodlights were designed for industrial applications, providing superior visibility to external worksites with crisp, near-daylight illumination to ensure the safety and security of a diverse range of facilities, including mine sites.
- Many warehouses use linear fluorescent lamps or metal halide lamps for lighting. While fluorescents and metal halides are an improvement over incandescent bulbs, they still present issues like disposal hazards, shorter lifespan, and less efficient light when it comes to a direct comparison with LEDs. As such, these warehouses are now switching to LEDs.
- Governments and public organizations worldwide are increasingly deploying these LED Lighting networks to address the maintenance issues created by incandescent lamps' usage. These bulbs and high-pressure sodium are easily compounded due to the surrounding reactive gases. Besides, as a lighting source, LED also provides a high luminosity and high efficiency and offers operational solutions against corrosion and vapor resistance compared to traditional lighting.
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Europe to Hold Significant Market Share
- LED modules have had a rapid uptake in the EU market. An important factor driving the demand for LED products in the region has been the European Union's policy measures banning the sale of inefficient lighting technologies. For instance, certain fluorescent and halogen light bulbs have been banned starting September 2021, as new Ecodesign and labeling rules came into force across the European Union.
- In August 2021, Signify introduced the first Philips LED A-class bulbs that meet the stringent EU Ecodesign and Energy labeling regulations. The New Philips LED A-class bulbs are expected to consume 60% less energy compared to standard Philips LED bulbs and have a longer lifespan.
- Further, many European countries, such as the United Kingdom, are aiming for net-zero carbon emissions by 2050. Therefore, local manufacturing companies are investing considerably in lighting innovations based on this agenda.
- The unprecedented rise in wholesale gas and electricity prices has put a strain on many sectors across Europe. For instance, wholesale gas prices in Europe rose to record levels in Q3 2021, reaching 85 EUR/MWh by the end of September, a level rarely seen in European hubs, according to the European Commission. As such, companies are under increasing pressure to cut costs across manufacturing, warehousing, and logistics, which are the major users of natural gas and electricity.
- According to Yü Energy, in the warehousing and logistics industry, lighting uses most of the energy (typically around 65%). Energy efficiency in this sector is particularly important owing to the rapid expansion in warehousing capacity in recent years across the region. For instance, as per ONS, new orders for the building of warehouses in the United Kingdom were worth GBP 5.6 billion (USD 6.75 billion) in 2021, which is more than in any year since 1985. As such, there is significant demand for energy-efficient lighting solutions from this segment.
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Industrial Lighting Industry Overview
The industrial lighting market is highly fragmented. Overall, the competitive rivalry among existing competitors is high. Further, the new innovation strategies of large and small enterprise companies are expected to drive market growth.
- May 2022 - Signify announced the launch of the latest generation of the Pacific LED gen5 waterproof luminaire, a solution designed for optimal performance in the demanding environments such as industry and parking areas. The new solution is suitable for a wide range of heavy industrial applications. The luminaires have a robust and compact product architecture, with high water and dust protection, along with a high degree of mechanical protection.
Industrial Lighting Market Leaders
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Eaton Corporation PLC
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Emerson Electric Co.
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Cree Inc.
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Signify Holding
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Dialight PLC
- *Disclaimer: Major Players sorted in no particular order
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Industrial Lighting Market News
- June 2022 - Cree LED announced the launch of XLamp Element G LEDs, delivering a new product class with very high light output and efficiency for LEDs of this size. The XLamp Element G LEDs are the latest in Cree LED's portfolio of lighting solutions enabling maximum light output and optical performance with new levels of precision and control.
- October 2021 - Dialight plc announced the availability of the Ultra-Efficient Vigilant LED High Bay, a highly efficient, heavy industrial rated lighting fixture. It is expected to be a sustainable lighting solution for industrial environments, offering a faster return on investment up to a year sooner than the previous Dialight High Bay models.
Industrial Lighting Industry Segmentation
Industrial lighting is used in warehouses, factories, heavy and light metal industries, etc., and provides good visibility and a safer workplace. The Industrial Lighting Market is segmented by Light Source (LED, High-intensity Discharge (HID) Lighting, Fluorescent Lighting), Product Type (High/Low Bay Lighting, Flood/Area Lighting), End-user Application (Oil and Gas, Mining, Pharmaceutical, Manufacturing, Warehouse), and Geography (North America, Europe, Asia Pacific, Latin America, MEA). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.
The study also tracks key market parameters, underlying growth influencers, and major vendors operating in the industry, which supports market estimations and growth rates over the forecast period. The study further analyzes the overall impact of the COVID-19 pandemic on the ecosystem.
| By Light Source | LED |
| High-intensity Discharge (HID) Lighting | |
| Fluorescent Lighting | |
| By Product Type | High/Low Bay Lighting |
| Flood/Area Lighting | |
| By End-user Application | Oil and Gas |
| Mining | |
| Pharmaceutical | |
| Manufacturing | |
| Warehouse | |
| Other End-user Applications | |
| Geography | North America |
| Europe | |
| Asia Pacific | |
| Latin America | |
| Middle East and Africa |
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Industrial Lighting Market Research FAQs
How big is the Industrial Lighting Market?
The Industrial Lighting Market size is expected to reach USD 7.83 billion in 2025 and grow at a CAGR of 7.59% to reach USD 11.29 billion by 2030.
What is the current Industrial Lighting Market size?
In 2025, the Industrial Lighting Market size is expected to reach USD 7.83 billion.
Who are the key players in Industrial Lighting Market?
Eaton Corporation PLC, Emerson Electric Co., Cree Inc., Signify Holding and Dialight PLC are the major companies operating in the Industrial Lighting Market.
Which is the fastest growing region in Industrial Lighting Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Industrial Lighting Market?
In 2025, the Europe accounts for the largest market share in Industrial Lighting Market.
What years does this Industrial Lighting Market cover, and what was the market size in 2024?
In 2024, the Industrial Lighting Market size was estimated at USD 7.24 billion. The report covers the Industrial Lighting Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Industrial Lighting Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Industrial Lighting Industry Report
Statistics for the 2025 Industrial Lighting market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Industrial Lighting analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
