How big is the Commercial Lighting Market?
According to ÂÌñÉç internal database and industry insights,
Global commercial lighting market was valued at approximately
USD 70.2 billion in 2024 and is projected to reach
USD 112.7 billion by 2031, growing at a
CAGR of 7.0% during the forecast period.
The market is expanding steadily, supported by rising demand for energy-efficient, automated, and sustainable lighting solutions in commercial facilities.
Key Growth Drivers of the Commercial Lighting Market
- Increasing demand for energy-efficient lighting systems
- Expansion of commercial infrastructure and urban development
- Rising government regulations on energy usage and sustainability
- Adoption of IoT and smart lighting controls
- Growing renovation and retrofit activities across office and retail spaces
Commercial Lighting Market Trends
The Commercial Lighting Market is witnessing a rapid shift toward connected and sensor-enabled lighting systems. Companies are switching to LED lighting fixtures, daylight-sensitive controllers, and management services that are centralized to minimize the amount of power used and maximize output. It is becoming flexible, safe, and cost-effective with integration into the smart building infrastructure. The tunable white lighting as well as circadian-friendly systems are also in demand which enhance the well-being of employees and their productivity. Intelligent scheduling, intelligent dimming based on occupancy, and predictive maintenance are some inbuilt features being applied in the commercial settings.
Emerging Developments in the Commercial Lighting Market
The Commercial Lighting Market is witnessing growth in AI-integrated lighting, Li-Fi, and cloud-managed platforms. Manufacturers are offering modular, recyclable, and human-centric lighting solutions tailored for dynamic commercial environments. Strategic partnerships between lighting providers and building tech firms are advancing sustainable and intelligent lighting ecosystems. New product launches focus on low-glare optics, adaptive brightness, and seamless interoperability with existing systems. Solar-powered and battery-backed smart lighting is gaining attention in low-infrastructure zones. Moreover, for localized data analysis and faster processing, Industry players are also exploring edge computing in lighting systems.
Major Companies in the Commercial Lighting Market
- Signify N.V.
- Acuity Brands Inc.
- Hubbell Lighting
- Cree Lighting
- Zumtobel Group
- Osram Licht AG
- GE Current
- Panasonic Corporation
- Eaton Corporation
- Schneider Electric
How big is the commercial lighting market : FAQs
The commercial lighting market was valued at USD 70.2 billion in 2024 and is projected to reach USD 112.7 billion by 2031.
The market is anticipated to grow at a CAGR of 7.0% between 2025 and 2031.
LED systems, smart controls, and connected lighting platforms are the top contributors in the commercial lighting segment.
The demand is fueled by energy-efficiency targets, infrastructure growth, lighting automation, and evolving workplace requirements.
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