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(IT-NEWSWIRE.COM, July 05, 2024 ) Asia-Pacific major contributor in Industrial Lighting Market as per Maximize Market Research.
New development projects like, oil and gas plant projects in India, China, and Indonesia are driving the Asia-Pacific market. The demand is higher in industrial locations. China’s plan to complete 305 petrochemical plants by 2030, projected to boost the market even further.
Demand for energy efficient lighting is increasing with Industrial Development, Increased LED Adoption, and additional benefits of LED lights. Economic slowdown might affect the market growth.
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Industrial Lighting Market Segmentation
By Light Source:
LED Lighting
High Intensity Discharge (HID)
Lighting
Fluorescent Lighting
Others
By Offering:
Lamps & Luminaries
Control Systems
Services
By Type:
New Installation
Replacement Installation
Retrofit Installation
By Product:
Industrial Linear Lighting
Spot Lighting
Flood Lighting/Area Lighting
High Bay Lighting
By Application:
Warehouse & Cold Storage
Factory & Production Lines
Outer Premises
Parking Areas
Hazardous Locations
Others
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Industrial Lighting Market ’s Key Players include
Philips Lighting Holding B.V
Hubbell Lighting, Inc.
Emerson
Legrand
Acuity Brands Lighting, Inc.
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Maximize Market Research is leading Electronics research firm, has also published the following reports:
Personal Mobility Devices Market is expected to reach US$ 23.54 Bn. by 2030, at a CAGR of 6.8% during the forecast period.
Smart Headphone Market size was valued at US$ 12.69 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 20.8% through 2023 to 2029, reaching nearly US$ 47.65 Bn.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
Contact Maximize Market Research:
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Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
MAXIMIZE MARKET RESEARCH PVT. LTD.
L Godage
09607365656
sales@maximizemarketresearch.com
Source: EmailWire.Com
Source: EmailWire.com
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