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Industrial Lighting Market by Light Source (LED, HID, Fluorescent), Offering (Lamps & Luminaires, Control Systems, Services), Installation Type (New, Replacement, Retrofit), Product, Application, and Geography - Global Forecast to 2023
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Industrial Lighting Market by Application, Future Demands, and Key Players, 2023
Scope of The Report Research report categorizes the Industrial Lighting Market based on Light Source, Offering, Installation Type, Application and Geography. By Light Source • LED • HID • Fluorescent By Offering • Lamps & Luminaires • Control Systems • Services And More…
Key Segments The industrial lighting market is expected to be worth USD 13.17 Billion by 2023, growing at a CAGR of 7.82% between 2017 and 2023. 1 The growth of this market is driven by the factors such as increasing mod ernization and infrastructural development, growing penetration of LEDs a cross diversified industrial applications due to reducing price, durability of LED lights for industrial usage, and low energy consumption by LEDs. 2 3 Browse 70 Market Data Tables and 58 Figures spread through 164 Pages and in-depth TOC on "Industrial Lighting Market” Lamps and luminaires expected to lead the overall industrial lighting ma rket The market for LED lighting to grow at the highest rate during the foreca st period 4 5 APAC held the largest share of the industrial lighting market in 2016
Industrial Lighting Market Growth Rate 2023 2016 CAGR of 7.82% Market Size of $ 7.59 Billion Market Size of $ 13.17 Billion
Key Vendors Vendors Honeywell International Inc. (US) Siemens AG (Germany) Johnson Controls International PLC (Ireland) Schneider Electric SE (France) United Technologies Corp. (US) IBM Corporation (US) • • • • • • View Report Here - https://www.marketsandmarkets.com/Market-Reports/indust rial-lighting-market-123080765.html
Top Region.. North America • Europe • APAC • RoW • View Report Here - https://www.marketsandmarkets.com/Market-Reports/industrial-lighting-market-12308076 5.html
Key Target Audience of this Report 1. Component and equipment suppliers 2. Original equipment manufacturers (OEMs) 3. Original design manufacturers (ODMs) 4. Installers and maintenance service providers 5. Research organizations
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