Global Commercial Lighting Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

Description

List of Tables

The global demand for Commercial Lighting Market is presumed to reach the market size of nearly USD 2.86 Billion by 2032 from USD 0.99 Billion in 2023 with a CAGR of 12.56% under the study period 2024 - 2032.

Commercial lighting is the lighting systems and fixtures designed for use in commercial spaces, including offices, retail stores, warehouses, healthcare facilities, hotels, and other non-residential buildings. Its primary purpose is to provide adequate and efficient illumination for various tasks, enhance the visual environment, and contribute to the overall functionality and aesthetics of the commercial space.

MARKET DYNAMICS

The commercial lighting market is propelled by several factors shaping the landscape of lighting solutions in non-residential spaces. Stringent regulations promoting energy efficiency and a commitment to sustainability are key drivers behind the extensive adoption of LED technology, renowned for its efficiency and versatile design capabilities. Smart lighting systems, incorporating features like occupancy sensors and centralized controls, contribute to energy management and personalized lighting experiences. The market is influenced by the increasing importance of human-centric lighting principles, supporting circadian rhythms and occupant well-being. Government initiatives promoting energy conservation and sustainability incentivize businesses to invest in energy-efficient lighting while retrofitting projects with LED alternatives is common. The integration of lighting with building management systems and the Internet of Things (IoT) enhances overall building efficiency. Aesthetic considerations, technological advancements like Li-Fi, and the adoption of sustainable practices further contribute to the dynamic evolution of the commercial lighting market, reflecting the growing demand for efficient, visually pleasing, and human-centric lighting solutions in diverse commercial spaces.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of commercial lighting. The growth and trends of commercial lighting industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the commercial lighting market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Installation Type

Retrofit Installations
New Installations

By Offering

Hardware
Software
Services

By Communication Technology

Wireless
Wired

By Application

Outdoor
Indoor

REGIONAL ANALYSIS

This section covers the regional outlook, which accentuates current and future demand for the Commercial Lighting market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Commercial Lighting market include General Electric (GE), Signify (formerly Philips Lighting), Cree Inc., Osram Licht AG, Zumtobel Group, Acuity Brands, Lutron Electronics, Hubbell Lighting, Havells Sylvania, Eaton Corporation, NVC Lighting, Legrand, Samsung Electronics, Panasonic Lighting, Thorn Lighting. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.

Product Code: VMR112113621

1 . PREFACE

1.1. Report Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology

2 . EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3 . COMMERCIAL LIGHTING - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Installation Type
- 3.7.2 Market Attractiveness Analysis By Offering
- 3.7.3 Market Attractiveness Analysis By Communication Technology
- 3.7.4 Market Attractiveness Analysis By Application
- 3.7.5 Market Attractiveness Analysis By Region

4 . VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1. List of Raw Materials
- 4.2.2. Raw Material Manufactures List
- 4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1. Direct Marketing
- 4.4.2. Indirect Marketing
- 4.4.3. Marketing Channel Development Trend

5 . GLOBAL COMMERCIAL LIGHTING MARKET ANALYSIS BY INSTALLATION TYPE

5.1 Overview by Installation Type
5.2 Historical and Forecast Data
5.3 Analysis by Installation Type
5.4 Retrofit Installations Historic and Forecast Sales by Regions
5.5 New Installations Historic and Forecast Sales by Regions

6 . GLOBAL COMMERCIAL LIGHTING MARKET ANALYSIS BY OFFERING

6.1 Overview by Offering
6.2 Historical and Forecast Data
6.3 Analysis by Offering
6.4 Hardware Historic and Forecast Sales by Regions
6.5 Software Historic and Forecast Sales by Regions
6.6 Services Historic and Forecast Sales by Regions

7 . GLOBAL COMMERCIAL LIGHTING MARKET ANALYSIS BY COMMUNICATION TECHNOLOGY

7.1 Overview by Communication Technology
7.2 Historical and Forecast Data
7.3 Analysis by Communication Technology
7.4 Wireless Historic and Forecast Sales by Regions
7.5 Wired Historic and Forecast Sales by Regions

8 . GLOBAL COMMERCIAL LIGHTING MARKET ANALYSIS BY APPLICATION

8.1 Overview by Application
8.2 Historical and Forecast Data
8.3 Analysis by Application
8.4 Outdoor Historic and Forecast Sales by Regions
8.5 Indoor Historic and Forecast Sales by Regions

9 . GLOBAL COMMERCIAL LIGHTING MARKET ANALYSIS BY GEOGRAPHY

9.1. Regional Outlook
9.2. Introduction
9.3. North America Sales Analysis
- 9.3.1. Overview, Historic and Forecast Data Sales Analysis
- 9.3.2. North America By Segment Sales Analysis
- 9.3.3. North America By Country Sales Analysis
- 9.3.4. United State Sales Analysis
- 9.3.5. Canada Sales Analysis
- 9.3.6. Mexico Sales Analysis
9.4. Europe Sales Analysis
- 9.4.1. Overview, Historic and Forecast Data Sales Analysis
- 9.4.2. Europe by Segment Sales Analysis
- 9.4.3. Europe by Country Sales Analysis
- 9.4.4. United Kingdom Sales Analysis
- 9.4.5. France Sales Analysis
- 9.4.6. Germany Sales Analysis
- 9.4.7. Italy Sales Analysis
- 9.4.8. Russia Sales Analysis
- 9.4.9. Rest Of Europe Sales Analysis
9.5. Asia Pacific Sales Analysis
- 9.5.1. Overview, Historic and Forecast Data Sales Analysis
- 9.5.2. Asia Pacific by Segment Sales Analysis
- 9.5.3. Asia Pacific by Country Sales Analysis
- 9.5.4. China Sales Analysis
- 9.5.5. India Sales Analysis
- 9.5.6. Japan Sales Analysis
- 9.5.7. South Korea Sales Analysis
- 9.5.8. Australia Sales Analysis
- 9.5.9. South East Asia Sales Analysis
- 9.5.10. Rest Of Asia Pacific Sales Analysis
9.6. Latin America Sales Analysis
- 9.6.1. Overview, Historic and Forecast Data Sales Analysis
- 9.6.2. Latin America by Segment Sales Analysis
- 9.6.3. Latin America by Country Sales Analysis
- 9.6.4. Brazil Sales Analysis
- 9.6.5. Argentina Sales Analysis
- 9.6.6. Peru Sales Analysis
- 9.6.7. Chile Sales Analysis
- 9.6.8. Rest of Latin America Sales Analysis
9.7. Middle East & Africa Sales Analysis
- 9.7.1. Overview, Historic and Forecast Data Sales Analysis
- 9.7.2. Middle East & Africa by Segment Sales Analysis
- 9.7.3. Middle East & Africa by Country Sales Analysis
- 9.7.4. Saudi Arabia Sales Analysis
- 9.7.5. UAE Sales Analysis
- 9.7.6. Israel Sales Analysis
- 9.7.7. South Africa Sales Analysis
- 9.7.8. Rest Of Middle East And Africa Sales Analysis

10 . COMPETITIVE LANDSCAPE OF THE COMMERCIAL LIGHTING COMPANIES

10.1. Commercial Lighting Market Competition
10.2. Partnership/Collaboration/Agreement
10.3. Merger And Acquisitions
10.4. New Product Launch
10.5. Other Developments

11 . COMPANY PROFILES OF COMMERCIAL LIGHTING INDUSTRY

11.1. Company Share Analysis
11.2. Market Concentration Rate
11.3. General Electric (GE)
- 11.3.1. Company Overview
- 11.3.2. Company Revenue
- 11.3.3. Products
- 11.3.4. Recent Developments
11.4. Signify (formerly Philips Lighting)
- 11.4.1. Company Overview
- 11.4.2. Company Revenue
- 11.4.3. Products
- 11.4.4. Recent Developments
11.5. Cree Inc.
- 11.5.1. Company Overview
- 11.5.2. Company Revenue
- 11.5.3. Products
- 11.5.4. Recent Developments
11.6. Osram Licht AG
- 11.6.1. Company Overview
- 11.6.2. Company Revenue
- 11.6.3. Products
- 11.6.4. Recent Developments
11.7. Zumtobel Group
- 11.7.1. Company Overview
- 11.7.2. Company Revenue
- 11.7.3. Products
- 11.7.4. Recent Developments
11.8. Acuity Brands
- 11.8.1. Company Overview
- 11.8.2. Company Revenue
- 11.8.3. Products
- 11.8.4. Recent Developments
11.9. Lutron Electronics
- 11.9.1. Company Overview
- 11.9.2. Company Revenue
- 11.9.3. Products
- 11.9.4. Recent Developments
11.10. Hubbell Lighting
- 11.10.1. Company Overview
- 11.10.2. Company Revenue
- 11.10.3. Products
- 11.10.4. Recent Developments
11.11. Havells Sylvania
- 11.11.1. Company Overview
- 11.11.2. Company Revenue
- 11.11.3. Products
- 11.11.4. Recent Developments
11.12. Eaton Corporation
- 11.12.1. Company Overview
- 11.12.2. Company Revenue
- 11.12.3. Products
- 11.12.4. Recent Developments
11.13. NVC Lighting
- 11.13.1. Company Overview
- 11.13.2. Company Revenue
- 11.13.3. Products
- 11.13.4. Recent Developments
11.14. Legrand
- 11.14.1. Company Overview
- 11.14.2. Company Revenue
- 11.14.3. Products
- 11.14.4. Recent Developments
11.15. Samsung Electronics
- 11.15.1. Company Overview
- 11.15.2. Company Revenue
- 11.15.3. Products
- 11.15.4. Recent Developments
11.16. Panasonic Lighting
- 11.16.1. Company Overview
- 11.16.2. Company Revenue
- 11.16.3. Products
- 11.16.4. Recent Developments
11.17. Thorn Lighting.
- 11.17.1. Company Overview
- 11.17.2. Company Revenue
- 11.17.3. Products
- 11.17.4. Recent Developments

Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies