World’s Top 30 Companies in Industrial and Commercial LED Lighting 2025 Watchlist: Statistical Report (2024–2035)

Description

According to a research report published by Spherical Insights & Consulting, The Global Industrial and Commercial LED Lighting Market Size is projected to Grow from USD 54.3 Billion in 2024 to USD 160.7 Billion by 2035, at a CAGR of 10.37% during the forecast period 2025–2035. A few of the major factors propelling the market are the growing emphasis on sustainable and energy-efficient lighting solutions, strict government laws and policies encouraging the use of energy-efficient lighting systems, and the falling costs of LED lighting products.

 

Introduction

The Global Industrial and Commercial LED Lighting Market refers to the industry dedicated to the production, distribution, and deployment of LED based lighting systems in commercial and industrial applications.  These applications cover factories, warehouses, office buildings, stores, hospitality leaders, hospitals, etc.  LED lighting is preferred in these applications because it has a long bank life, low maintenance, energy efficient, and is compatible with smart technologies.  The market looks promising partly because of the increase in demand for smart lighting solutions and increasingly urbanization and infrastructure development.  The market is also growing due to the increase in demand to retrofitting existing lighting systems with LED lighting to improve energy-efficiency and reduce maintenance costs, as well as the use of the Internet of Things (IoT) in lighting systems, etc.  Moreover, the market is growing due to the inclining trend of smart cities, LED lighting involved in urban infrastructure projects, and the growing automotive and transportation markets.

 

Navigate Future Markets with Confidence: Insights from Spherical Insights LLP

The insights presented in this blog are derived from comprehensive market research conducted by Spherical Insights LLP, a trusted advisory partner to leading global enterprises. Backed by in-depth data analysis, expert forecasting, and industry-specific intelligence, our reports empower decision-makers to identify strategic growth opportunities in fast-evolving sectors. Clients seeking detailed market segmentation, competitive landscapes, regional outlooks, and future investment trends will find immense value in the full report. By leveraging our research, businesses can make informed decisions, gain a competitive edge, and stay ahead in the transition toward sustainable and profitable solutions.

 

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Industrial and Commercial LED Lighting Market Size & Statistics

• The Market Size for Industrial and Commercial LED Lighting Was Estimated to be Worth USD 54.3 Billion in 2024.
• The Market Size is Going to Expand at a CAGR of 10.37% Between 2025 and 2035.
• The Global Industrial and Commercial LED Lighting Market Size is Anticipated to Reach USD 160.7 Billion by 2035.
• Asia Pacific is expected to generate the highest demand during the forecast period in the Industrial and Commercial LED Lighting Market.
• Latin America is expected to grow the fastest during the forecast period in the Industrial and Commercial LED Lighting Market.

Regional growth and demand

Latin America is expected to grow the fastest during the forecast period in the industrial and commercial LED lighting market. LED lighting supports corporate sustainability goals and helps businesses comply with environmental regulations because of its high energy efficiency and lower greenhouse gas emissions.  Businesses can show their dedication to sustainability, enhance their corporate image, and draw in eco-aware clients and investors by implementing LED lighting.  In order to support commercial and industrial operations, there is an increasing demand for dependable and efficient lighting systems as the region's economies continue to grow.  The market's demand for LED lights is driven by environmental sustainability and development.

 

Asia Pacific is expected to generate the highest demand during the forecast period in the industrial and commercial LED lighting market. Asia's urban areas are expanding rapidly, which is driving up the construction of public infrastructure, commercial buildings, and industrial facilities.  In these recent advancements, LED lighting solutions are being used more frequently because of their long lifespan, low maintenance costs, and energy efficiency.  Because of the long-term economic and environmental advantages of this technology, governments and private developers are progressively implementing LEDs for street lighting, public buildings, and transportation hubs.

 

Top 10 Industrial and Commercial LED Lighting Trends

1.Smart & Connected Lighting Systems

2.Retrofitting Aging Infrastructure

3.Energy Efficiency Mandates

4.Declining LED Component Costs

5.Rise of Human-Centric Lighting

6.Growth in Warehousing & Logistics Applications

7.Advanced Sensor Integration

8.Modular & Scalable Designs

9.Sustainability & Circular Economy Focus

10.AI-Driven Lighting Analytics

 

1. Smart & Connected Lighting Systems

IoT platforms are used by smart and connected lighting systems to provide automated control, real-time energy optimization, and remote monitoring in commercial and industrial settings.  In order to drastically lower energy consumption and maintenance costs, these systems use sensors, wireless connectivity, and cloud-based analytics to modify lighting according to occupancy, daylight availability, or operating schedules.

 

2. Retrofitting Aging Infrastructure

Retrofitting old infrastructure with LED lighting entails swapping out inefficient fluorescent, incandescent, or halogen lighting systems with energy-efficient LED substitutes in commercial and industrial settings, including factories, warehouses, and public buildings.  This change is motivated by the need to cut maintenance expenses, use less energy, and adhere to changing sustainability standards.  LEDs are perfect for modernizing buildings without requiring significant structural changes because of their longer lifespans, superior illumination quality, and compatibility with smart controls.

 

3. Energy Efficiency Mandates

The government can use energy efficiency mandates as regulatory frameworks to lower energy use and carbon emissions in the commercial and industrial sectors.  These laws frequently mandate that companies implement low-energy technologies that satisfy particular sustainability and performance requirements, like LED lighting systems.  These regulations hasten the shift to greener infrastructure by providing tax breaks or subsidies, discouraging retrofits, and enforcing building codes.

 

4. Declining LED Component Costs

The cost of LED lighting systems is falling dramatically, especially for semiconductors, drivers, and chips, which makes them more affordable for commercial and industrial uses.  Unit costs have decreased as a result of global supply chain optimization, improved manufacturing efficiency, and heightened competition among component suppliers.  Particularly in cost-sensitive markets, this affordability is speeding up adoption across new installations and retrofitting projects.

 

5. Rise of Human-Centric Lighting

Human centered lighting systems are made to mimic the way daylight naturally changes, synchronizing artificial lighting with the body's circadian rhythms to improve comfort, attentiveness, and general well-being in commercial and industrial settings.  These systems help increase worker productivity, lessen fatigue, and support mental health by varying color temperature and intensity throughout the day warmer tones in the evening to encourage relaxation, and cooler tones in the morning to encourage focus.

 

Empower your strategic planning:

Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the industrial and commercial LED lighting market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.

 

Top 16 Companies Leading the Industrial and Commercial LED Lighting Market

1.Signify NV (Philips Lighting)

2. WAC Lighting

3. Cree Lighting (Ideal Industries Inc.)

4. Siteco GmbH

5.Wipro Lighting

6. Acuity Brands Inc.

7. Hubbell Incorporated

8. Zumtobel Group AG

9. Technical Consumer Products Inc.

10. Dialight Plc

11. Eaton Corporation

12. Osram GmbH

13. GE Current

14. Lutron Electronics

15. LG Innotek

16. Panasonic Corporation

17.Others

 

1. Signify NV (Philips Lighting)

Headquarters – Eindhoven, Netherlands.

Lighting products are marketed and manufactured by Signify NV (Signify).  Light emitting diode (LED) drivers, compact fluorescent, halogen, incandescent, energy-efficient lighting products, high-intensity discharge (HID), specialty lighting, conventional lamps, electronic components, electronic ballasts, and other lighting products are all part of the company’s product line.  Identify goods sold under the Philips, Interact, Philips Hue, Color Kinetics, Philips Dynalite, and EcoLink brands.  It specializes in offering lighting solutions for consumers, businesses, and the Internet of Things (IoT).

 

2. WAC Lighting

Headquarters – Port Washington, New York, United States.

Global manufacturer WAC Lighting specializes in solid-state lighting solutions for institutional, commercial, hospitality, and luxury residential settings.  A wide variety of products, such as wall lights, pendants, tape lighting systems, recessed downlights, and specification-grade luminaires, are designed and engineered by the company.  WAC Lighting is well-known for emphasizing sustainability and innovation. To create high-performance, energy-efficient lighting systems, the company combines smart controls with cutting-edge LED technology.

 

3. Cree Lighting (Ideal Industries Inc.)

Headquarters - Racine, Wisconsin, United States

A division of Ideal Industries Inc., Cree Lighting develops and produces cutting-edge LED lighting solutions for use in consumer, business, and industrial settings.  Its product line consists of lamps, indoor and outdoor fixtures, and intelligent lighting control systems designed for industries like retail, healthcare, education, and transportation.  Throughout all of its product lines, Cree Lighting prioritizes performance, dependability, and sustainability, building on a heritage of innovation and energy efficiency.

 

4. Siteco GmbH

Headquarters - Traunreut, Bavaria, Germany

A leading supplier of technical lighting solutions, Siteco GmbH offers a wide range of indoor and outdoor luminaires designed for use in offices, retail spaces, industrial facilities, and urban infrastructure.  Siteco, which has its roots in the German lighting sector, provides high-performance, energy-efficient lighting by fusing cutting-edge LED technology with sophisticated control systems.  With its ability to integrate IoT capabilities and data-driven lighting management to improve safety, comfort, and sustainability in contemporary living and working spaces, the company is renowned for its ability to implement both large-scale projects and customized solutions.

 

5. Wipro Lighting

Headquarters - Pune, Maharashtra, India.

Wipro Lighting, a branch of Wipro Enterprises, provides cutting-edge lighting solutions for the institutional, commercial, and industrial markets.  Its product line includes LED luminaires, smart lighting systems, and connected controls that improve user experience, aesthetics, and energy efficiency.  Focusing on sustainability and innovation, Wipro Lighting incorporates state-of-the-art technologies to support green building projects, outdoor spaces, and contemporary workspaces.  The company is renowned for its in-house manufacturing capabilities, design-led methodology, and dedication to using intelligent lighting to transform spaces.

 

Are you ready to discover more about the industrial and commercial LED lighting market?

The report provides an in-depth analysis of the leading companies operating in the global industrial and commercial LED lighting market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:

 

Company Profiles

1. Signify NV (Philips Lighting).
   • Business Overview
   • Company Snapshot
   • Products Overview
   • Company Market Share Analysis
   • Company Coverage Portfolio
   • Financial Analysis
   • Recent Developments
   • Merger and Acquisitions
   • SWOT Analysis
2. WAC Lighting
3.  Cree Lighting (Ideal Industries Inc.)
4.  Siteco GmbH
5.  Wipro Lighting
6.  Acuity Brands Inc.
7.  Hubbell Incorporated
8.  Zumtobel Group AG
9.  Technical Consumer Products Inc.
10.  Dialight Plc
11.  Eaton Corporation
12.  Osram GmbH
13.  GE Current
14.  Lutron Electronics
15.  LG Innotek
16.  Panasonic Corporation
17. Others

 

Conclusion

The market for commercial and industrial LED lighting is changing dramatically due to rapid technological advancements, regulatory requirements, and sustainability goals.  How businesses approach illumination is changing due to important trends like smart lighting systems, retrofitting projects, and human-centric designs.  Urbanization and infrastructure development are driving regional growth in Latin America and Asia Pacific.  It is anticipated that adoption will increase across industries as LED component costs come down and IoT integration speeds up.  Top businesses are using innovation to adapt to changing needs and set themselves up for long-term success.  Market research provides strategic insights that enable stakeholders to confidently traverse this ever-changing environment.

 

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

 

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