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Market Research Report
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1077599

Global Commercial Lighting Market Size study, By Offering (Hardware, Software, Services), By Communication Technology (Wired, Wireless), By Application (Indoor, Outdoor), and Regional Forecasts 2022-2028

Published: | Bizwit Research & Consulting LLP | Delivery time: 2-3 business days

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Global Commercial Lighting Market Size study, By Offering (Hardware, Software, Services), By Communication Technology (Wired, Wireless), By Application (Indoor, Outdoor), and Regional Forecasts 2022-2028
Published: May 17, 2022
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
  • Description
  • Table of Contents
  • List of Tables

Global Commercial Lighting Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Commercial Lighting is a form of a LED semiconductor light source that emits light when current flows through it. The commercial-grade light products are manufactured from an enhanced quality LED driver, heat sinks, led modules, and others. The increasing number of smart city projects in developing countries, rising emphasis of governments on energy conservation, growing acceptance of standard protocols for lighting control systems, coupled with the surging use of integrated lighting control systems are the chief driving factors for the global market growth. For instance, as per the government insider, in 2018, China stood as the largest country for the smart city project and it is also anticipated that there are around 1000 smart city pilot projects globally that are carried out. Therefore, the rising number of smart city projects is likely to surge the demand for commercial lighting, which may positively influence the market growth across the globe. However, high installation costs and security and reliability issues associated with IoT-based lighting systems impede the growth of the market over the forecast period of 2022-2028. Also, the rapid transition from traditional lighting to connected lighting solutions and the growing adoption of PoE-based and solar lighting solutions are anticipated to act as catalyzing factors for the market demand during the forecast period.

The key regions considered for the global Commercial Lighting market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the infrastructural development and availability of favorable government policies. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing number of smart city development projects, as well as the growth of the developing nations like China, India, and Australia, would create lucrative growth prospects for the Commercial Lighting market across the Asia-Pacific region.

Major market players included in this report are:

Legrand S.A.

Acuity Brands, Inc.

GE Current

OSRAM Licht AG

Leviton Manufacturing Company, Inc.

Hubbell Incorporated

LEDVANCE GmbH

Schneider Electric SE

Ideal Industries, Inc. (Cree Lighting)

Zumtobel Group

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Offering:

Hardware

Software

Services

By Communication Technology:

Wired

Wireless

By Application:

Indoor

Outdoor

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Commercial Lighting Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
    • 1.2.1. Commercial Lighting Market, by Region, 2020-2028 (USD Billion)
    • 1.2.2. Commercial Lighting Market, by Offering, 2020-2028 (USD Billion)
    • 1.2.3. Commercial Lighting Market, by Communication Technology, 2020-2028 (USD Billion)
    • 1.2.4. Global Commercial Lighting Market, by Application, 2020-2028 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Commercial Lighting Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Commercial Lighting Market Dynamics

  • 3.1. Commercial Lighting Market Impact Analysis (2020-2028)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Increasing use of integrated lighting control systems
      • 3.1.1.2. Rising emphasis of government on energy conservation
    • 3.1.2. Market Challenges
      • 3.1.2.1. High installation costs
      • 3.1.2.2. Security and reliability issues associated with IoT-based lighting systems
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Rapid transition from traditional lighting to connected lighting solutions
      • 3.1.3.2. Growing adoption of PoE-based and solar lighting solutions

Chapter 4. Global Commercial Lighting Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion
  • 4.5. Top investment opportunity
  • 4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

    • 5.1.1. Assessment of the overall impact of COVID-19 on the industry
    • 5.1.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global Commercial Lighting Market, by Offering

  • 6.1. Market Snapshot
  • 6.2. Global Commercial Lighting Market by Offering, Performance - Potential Analysis
  • 6.3. Global Commercial Lighting Market Estimates & Forecasts by Offering, 2018-2028 (USD Billion)
  • 6.4. Commercial Lighting Market, Sub Segment Analysis
    • 6.4.1. Hardware
    • 6.4.2. Software
    • 6.4.3. Services

Chapter 7. Global Commercial Lighting Market, by Communication Technology

  • 7.1. Market Snapshot
  • 7.2. Global Commercial Lighting Market by Communication Technology, Performance - Potential Analysis
  • 7.3. Global Commercial Lighting Market Estimates & Forecasts by Communication Technology, 2018-2028 (USD Billion)
  • 7.4. Commercial Lighting Market, Sub Segment Analysis
    • 7.4.1. Wired
    • 7.4.2. Wireless

Chapter 8. Global Commercial Lighting Market, by Application

  • 8.1. Market Snapshot
  • 8.2. Global Commercial Lighting Market by Application, Performance - Potential Analysis
  • 8.3. Global Commercial Lighting Market Estimates & Forecasts by Application, 2018-2028 (USD Billion)
  • 8.4. Commercial Lighting Market, Sub Segment Analysis
    • 8.4.1. Indoor
    • 8.4.2. Outdoor

Chapter 9. Global Commercial Lighting Market, Regional Analysis

  • 9.1. Commercial Lighting Market, Regional Market Snapshot
  • 9.2. North America Commercial Lighting Market
    • 9.2.1. U.S. Commercial Lighting Market
      • 9.2.1.1. Offering breakdown estimates & forecasts, 2018-2028
      • 9.2.1.2. Communication Technology breakdown estimates & forecasts, 2018-2028
      • 9.2.1.3. Application breakdown estimates & forecasts, 2018-2028
    • 9.2.2. Canada Commercial Lighting Market
  • 9.3. Europe Commercial Lighting Market Snapshot
    • 9.3.1. U.K. Commercial Lighting Market
    • 9.3.2. Germany Commercial Lighting Market
    • 9.3.3. France Commercial Lighting Market
    • 9.3.4. Spain Commercial Lighting Market
    • 9.3.5. Italy Commercial Lighting Market
    • 9.3.6. Rest of Europe Commercial Lighting Market
  • 9.4. Asia-Pacific Commercial Lighting Market Snapshot
    • 9.4.1. China Commercial Lighting Market
    • 9.4.2. India Commercial Lighting Market
    • 9.4.3. Japan Commercial Lighting Market
    • 9.4.4. Australia Commercial Lighting Market
    • 9.4.5. South Korea Commercial Lighting Market
    • 9.4.6. Rest of Asia Pacific Commercial Lighting Market
  • 9.5. Latin America Commercial Lighting Market Snapshot
    • 9.5.1. Brazil Commercial Lighting Market
    • 9.5.2. Mexico Commercial Lighting Market
  • 9.6. Rest of The World Commercial Lighting Market

Chapter 10. Competitive Intelligence

  • 10.1. Top Market Strategies
  • 10.2. Company Profiles
    • 10.2.1. Legrand S.A.
      • 10.2.1.1. Key Information
      • 10.2.1.2. Overview
      • 10.2.1.3. Financial (Subject to Data Availability)
      • 10.2.1.4. Product Summary
      • 10.2.1.5. Recent Developments
    • 10.2.2. Acuity Brands, Inc.
    • 10.2.3. GE Current
    • 10.2.4. OSRAM Licht AG
    • 10.2.5. Leviton Manufacturing Company, Inc.
    • 10.2.6. Hubbell Incorporated
    • 10.2.7. LEDVANCE GmbH
    • 10.2.8. Schneider Electric SE
    • 10.2.9. Ideal Industries, Inc. (Cree Lighting)
    • 10.2.10. Zumtobel Group

Chapter 11. Research Process

  • 11.1. Research Process
    • 11.1.1. Data Mining
    • 11.1.2. Analysis
    • 11.1.3. Market Estimation
    • 11.1.4. Validation
    • 11.1.5. Publishing
  • 11.2. Research Attributes
  • 11.3. Research Assumption

LIST OF TABLES

  • TABLE 1. Global Commercial Lighting market, report scope
  • TABLE 2. Global Commercial Lighting market estimates & forecasts by Region 2018-2028 (USD Billion)
  • TABLE 3. Global Commercial Lighting market estimates & forecasts by Offering 2018-2028 (USD Billion)
  • TABLE 4. Global Commercial Lighting market estimates & forecasts by Communication Technology 2018-2028 (USD Billion)
  • TABLE 5. Global Commercial Lighting market estimates & forecasts by Application 2018-2028 (USD Billion)
  • TABLE 6. Global Commercial Lighting market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 7. Global Commercial Lighting market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 8. Global Commercial Lighting market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 9. Global Commercial Lighting market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 10. Global Commercial Lighting market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 11. Global Commercial Lighting market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 12. Global Commercial Lighting market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 13. Global Commercial Lighting market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 14. Global Commercial Lighting market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 15. Global Commercial Lighting market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 16. U.S. Commercial Lighting market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 17. U.S. Commercial Lighting market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 18. U.S. Commercial Lighting market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 19. Canada Commercial Lighting market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 20. Canada Commercial Lighting market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 21. Canada Commercial Lighting market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 22. UK Commercial Lighting market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 23. UK Commercial Lighting market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 24. UK Commercial Lighting market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 25. Germany Commercial Lighting market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 26. Germany Commercial Lighting market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 27. Germany Commercial Lighting market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 28. RoE Commercial Lighting market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 29. RoE Commercial Lighting market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 30. RoE Commercial Lighting market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 31. China Commercial Lighting market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 32. China Commercial Lighting market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 33. China Commercial Lighting market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 34. India Commercial Lighting market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 35. India Commercial Lighting market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 36. India Commercial Lighting market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 37. Japan Commercial Lighting market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 38. Japan Commercial Lighting market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 39. Japan Commercial Lighting market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 40. RoAPAC Commercial Lighting market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 41. RoAPAC Commercial Lighting market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 42. RoAPAC Commercial Lighting market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 43. Brazil Commercial Lighting market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 44. Brazil Commercial Lighting market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 45. Brazil Commercial Lighting market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 46. Mexico Commercial Lighting market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 47. Mexico Commercial Lighting market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 48. Mexico Commercial Lighting market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 49. RoLA Commercial Lighting market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 50. RoLA Commercial Lighting market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 51. RoLA Commercial Lighting market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 52. Row Commercial Lighting market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 53. Row Commercial Lighting market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 54. Row Commercial Lighting market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 55. List of secondary sources, used in the study of global Commercial Lighting market
  • TABLE 56. List of primary sources, used in the study of global Commercial Lighting market
  • TABLE 57. Years considered for the study
  • TABLE 58. Exchange rates considered

LIST OF FIGURES

List of figures

  • FIG 1. Global Commercial Lighting market, research methodology
  • FIG 2. Global Commercial Lighting market, market estimation techniques
  • FIG 3. Global market size estimates & forecast methods
  • FIG 4. Global Commercial Lighting market, key trends 2021
  • FIG 5. Global Commercial Lighting market, growth prospects 2022-2028
  • FIG 6. Global Commercial Lighting market, porters 5 force model
  • FIG 7. Global Commercial Lighting market, pest analysis
  • FIG 8. Global Commercial Lighting market, value chain analysis
  • FIG 9. Global Commercial Lighting market by segment, 2019 & 2028 (USD Billion)
  • FIG 10. Global Commercial Lighting market by segment, 2019 & 2028 (USD Billion)
  • FIG 11. Global Commercial Lighting market by segment, 2019 & 2028 (USD Billion)
  • FIG 12. Global Commercial Lighting market by segment, 2019 & 2028 (USD Billion)
  • FIG 13. Global Commercial Lighting market by segment, 2019 & 2028 (USD Billion)
  • FIG 14. Global Commercial Lighting market, regional snapshot 2019 & 2028
  • FIG 15. North America Commercial Lighting market 2019 & 2028 (USD Billion)
  • FIG 16. Europe Commercial Lighting market 2019 & 2028 (USD Billion)
  • FIG 17. Asia Pacific Commercial Lighting market 2019 & 2028 (USD Billion)
  • FIG 18. Latin America Commercial Lighting market 2019 & 2028 (USD Billion)
  • FIG 19. Global Commercial Lighting market, company market share analysis (2021)