Product Code: ETC13398216 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 绿帽社 | Author: Shubham Deep | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 绿帽社 internal database and industry insights, the Global Commercial Lighting Market was valued at USD 50.5 Billion in 2024 and is expected to reach USD 73.2 Billion by 2031, growing at a compound annual growth rate of 6.90% during the forecast period (2025-2031).
The Global Commercial Lighting Market is experiencing steady growth driven by factors such as increasing demand for energy-efficient lighting solutions, government initiatives promoting the adoption of LED lighting, and advancements in smart lighting technology. The market is characterized by a shift towards LED lighting due to its energy efficiency, longer lifespan, and cost-effectiveness. Key trends in the market include the integration of IoT technology for smart lighting systems, focus on sustainable lighting solutions, and the rising popularity of connected lighting controls. Major players in the industry are investing in research and development to introduce innovative products and expand their market presence. With the increasing emphasis on sustainability and energy conservation, the Global Commercial Lighting Market is projected to continue its growth trajectory in the coming years.
The Global Commercial Lighting Market is witnessing a shift towards energy-efficient and sustainable lighting solutions driven by stringent regulations and increasing awareness about environmental conservation. LED technology continues to dominate the market due to its energy efficiency, long lifespan, and cost-effectiveness. Smart lighting systems, enabled by IoT technology, are gaining traction for their ability to enhance energy savings and provide advanced lighting control and customization. The market is also seeing a growing demand for human-centric lighting solutions that promote well-being and productivity in commercial spaces. Opportunities lie in the development of innovative lighting designs, integration of sensor technologies for smart lighting applications, and expansion into emerging markets with increasing urbanization and infrastructure development. Meeting the evolving needs of customers for intelligent, efficient, and aesthetically pleasing lighting solutions will be key for companies to stay competitive in this dynamic market.
In the Global Commercial Lighting Market, one of the key challenges faced is the rapid technological advancements leading to a constant need for innovation and adaptation. The market is highly competitive with a wide range of players offering energy-efficient solutions, making it essential for companies to differentiate themselves through unique and sustainable products. Additionally, stringent regulations and standards regarding energy efficiency and environmental impact require companies to invest in research and development to meet compliance requirements. Another challenge is the increasing focus on smart lighting solutions, which require integration with IoT technologies and data analytics, posing technical complexities and the need for skilled professionals. Overall, staying ahead in the Global Commercial Lighting Market requires continuous investment in research, development, and strategic partnerships to address these challenges effectively.
The Global Commercial Lighting Market is primarily being driven by the increasing demand for energy-efficient lighting solutions due to rising environmental concerns and efforts to reduce energy consumption. The transition from traditional lighting technologies to LED lighting is a key driver, as LEDs offer significant energy savings and longer lifespan. Additionally, government initiatives and regulations promoting the use of energy-efficient lighting in commercial spaces are fueling market growth. The trend towards smart lighting systems, which offer features such as remote control, automation, and energy management, is also contributing to market expansion. Furthermore, the growing adoption of IoT technology and the integration of lighting systems with smart building solutions are expected to drive further growth in the commercial lighting market.
Government policies related to the Global Commercial Lighting Market typically focus on energy efficiency and sustainability. Many countries have implemented regulations and standards requiring commercial buildings to use energy-efficient lighting solutions such as LED technology. Governments also offer incentives, tax breaks, and subsidies to encourage businesses to switch to more efficient lighting options. Additionally, some regions have adopted initiatives to promote the use of renewable energy sources in commercial lighting systems, further driving the market towards sustainability. These policies aim to reduce energy consumption, lower carbon emissions, and promote the adoption of environmentally friendly lighting solutions in commercial buildings, thus contributing to global efforts to combat climate change and promote sustainable development.
The Global Commercial Lighting Market is expected to witness significant growth in the coming years due to the increasing adoption of energy-efficient lighting solutions, stringent government regulations promoting sustainable practices, and the rising demand for smart lighting technologies. The market is projected to expand further with the integration of Internet of Things (IoT) and advanced controls for improved energy management and cost savings. Additionally, the growing focus on enhancing the aesthetics and ambiance of commercial spaces is driving the demand for innovative lighting designs and customized solutions. As businesses prioritize sustainability and operational efficiency, the market is poised for continued growth and technological advancements, offering opportunities for manufacturers to develop cutting-edge products that cater to the evolving needs of commercial establishments worldwide.
In the Global Commercial Lighting Market, Asia Pacific is expected to experience significant growth due to rapid urbanization and industrialization. The region`s focus on energy efficiency and sustainability is driving demand for LED lighting solutions. North America is a mature market with a strong emphasis on smart lighting systems and IoT integration. Europe is leading in terms of adoption of energy-efficient lighting technologies and regulations promoting sustainability. In the Middle East and Africa region, the market is driven by infrastructure development projects and a shift towards LED lighting in commercial spaces. Latin America is witnessing steady growth as businesses prioritize energy savings and environmental consciousness in their lighting choices. Overall, the global commercial lighting market is seeing innovation and adoption of advanced technologies across different regions to meet the growing demand for efficient and sustainable lighting solutions.
Global Commercial Lighting Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Commercial Lighting Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Commercial Lighting Market Revenues & Volume, 2021 & 2031F |
3.3 Global Commercial Lighting Market - Industry Life Cycle |
3.4 Global Commercial Lighting Market - Porter's Five Forces |
3.5 Global Commercial Lighting Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Commercial Lighting Market Revenues & Volume Share, By Offering , 2021 & 2031F |
3.7 Global Commercial Lighting Market Revenues & Volume Share, By Installation Type , 2021 & 2031F |
3.8 Global Commercial Lighting Market Revenues & Volume Share, By End-use Application , 2021 & 2031F |
3.9 Global Commercial Lighting Market Revenues & Volume Share, By Communication Technology, 2021 & 2031F |
4 Global Commercial Lighting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Commercial Lighting Market Trends |
6 Global Commercial Lighting Market, 2021 - 2031 |
6.1 Global Commercial Lighting Market, Revenues & Volume, By Offering , 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Commercial Lighting Market, Revenues & Volume, By Hardware, 2021 - 2031 |
6.1.3 Global Commercial Lighting Market, Revenues & Volume, By Software, 2021 - 2031 |
6.1.4 Global Commercial Lighting Market, Revenues & Volume, By Services, 2021 - 2031 |
6.2 Global Commercial Lighting Market, Revenues & Volume, By Installation Type , 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Commercial Lighting Market, Revenues & Volume, By New Installations, 2021 - 2031 |
6.2.3 Global Commercial Lighting Market, Revenues & Volume, By Retrofit Installation, 2021 - 2031 |
6.3 Global Commercial Lighting Market, Revenues & Volume, By End-use Application , 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Commercial Lighting Market, Revenues & Volume, By Indoor , 2021 - 2031 |
6.3.3 Global Commercial Lighting Market, Revenues & Volume, By Outdoor, 2021 - 2031 |
6.4 Global Commercial Lighting Market, Revenues & Volume, By Communication Technology, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Commercial Lighting Market, Revenues & Volume, By Wired, 2021 - 2031 |
6.4.3 Global Commercial Lighting Market, Revenues & Volume, By Wireless, 2021 - 2031 |
7 North America Commercial Lighting Market, Overview & Analysis |
7.1 North America Commercial Lighting Market Revenues & Volume, 2021 - 2031 |
7.2 North America Commercial Lighting Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Commercial Lighting Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Commercial Lighting Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Commercial Lighting Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Commercial Lighting Market, Revenues & Volume, By Offering , 2021 - 2031 |
7.4 North America Commercial Lighting Market, Revenues & Volume, By Installation Type , 2021 - 2031 |
7.5 North America Commercial Lighting Market, Revenues & Volume, By End-use Application , 2021 - 2031 |
7.6 North America Commercial Lighting Market, Revenues & Volume, By Communication Technology, 2021 - 2031 |
8 Latin America (LATAM) Commercial Lighting Market, Overview & Analysis |
8.1 Latin America (LATAM) Commercial Lighting Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Commercial Lighting Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Commercial Lighting Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Commercial Lighting Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Commercial Lighting Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Commercial Lighting Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Commercial Lighting Market, Revenues & Volume, By Offering , 2021 - 2031 |
8.4 Latin America (LATAM) Commercial Lighting Market, Revenues & Volume, By Installation Type , 2021 - 2031 |
8.5 Latin America (LATAM) Commercial Lighting Market, Revenues & Volume, By End-use Application , 2021 - 2031 |
8.6 Latin America (LATAM) Commercial Lighting Market, Revenues & Volume, By Communication Technology, 2021 - 2031 |
9 Asia Commercial Lighting Market, Overview & Analysis |
9.1 Asia Commercial Lighting Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Commercial Lighting Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Commercial Lighting Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Commercial Lighting Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Commercial Lighting Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Commercial Lighting Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Commercial Lighting Market, Revenues & Volume, By Offering , 2021 - 2031 |
9.4 Asia Commercial Lighting Market, Revenues & Volume, By Installation Type , 2021 - 2031 |
9.5 Asia Commercial Lighting Market, Revenues & Volume, By End-use Application , 2021 - 2031 |
9.6 Asia Commercial Lighting Market, Revenues & Volume, By Communication Technology, 2021 - 2031 |
10 Africa Commercial Lighting Market, Overview & Analysis |
10.1 Africa Commercial Lighting Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Commercial Lighting Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Commercial Lighting Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Commercial Lighting Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Commercial Lighting Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Commercial Lighting Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Commercial Lighting Market, Revenues & Volume, By Offering , 2021 - 2031 |
10.4 Africa Commercial Lighting Market, Revenues & Volume, By Installation Type , 2021 - 2031 |
10.5 Africa Commercial Lighting Market, Revenues & Volume, By End-use Application , 2021 - 2031 |
10.6 Africa Commercial Lighting Market, Revenues & Volume, By Communication Technology, 2021 - 2031 |
11 Europe Commercial Lighting Market, Overview & Analysis |
11.1 Europe Commercial Lighting Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Commercial Lighting Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Commercial Lighting Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Commercial Lighting Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Commercial Lighting Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Commercial Lighting Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Commercial Lighting Market, Revenues & Volume, By Offering , 2021 - 2031 |
11.4 Europe Commercial Lighting Market, Revenues & Volume, By Installation Type , 2021 - 2031 |
11.5 Europe Commercial Lighting Market, Revenues & Volume, By End-use Application , 2021 - 2031 |
11.6 Europe Commercial Lighting Market, Revenues & Volume, By Communication Technology, 2021 - 2031 |
12 Middle East Commercial Lighting Market, Overview & Analysis |
12.1 Middle East Commercial Lighting Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Commercial Lighting Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Commercial Lighting Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Commercial Lighting Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Commercial Lighting Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Commercial Lighting Market, Revenues & Volume, By Offering , 2021 - 2031 |
12.4 Middle East Commercial Lighting Market, Revenues & Volume, By Installation Type , 2021 - 2031 |
12.5 Middle East Commercial Lighting Market, Revenues & Volume, By End-use Application , 2021 - 2031 |
12.6 Middle East Commercial Lighting Market, Revenues & Volume, By Communication Technology, 2021 - 2031 |
13 Global Commercial Lighting Market Key Performance Indicators |
14 Global Commercial Lighting Market - Export/Import By Countries Assessment |
15 Global Commercial Lighting Market - Opportunity Assessment |
15.1 Global Commercial Lighting Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Commercial Lighting Market Opportunity Assessment, By Offering , 2021 & 2031F |
15.3 Global Commercial Lighting Market Opportunity Assessment, By Installation Type , 2021 & 2031F |
15.4 Global Commercial Lighting Market Opportunity Assessment, By End-use Application , 2021 & 2031F |
15.5 Global Commercial Lighting Market Opportunity Assessment, By Communication Technology, 2021 & 2031F |
16 Global Commercial Lighting Market - Competitive Landscape |
16.1 Global Commercial Lighting Market Revenue Share, By Companies, 2024 |
16.2 Global Commercial Lighting Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |