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Based on segmentation by type, the commercial luminaire market includes Halogen, HID, LFL, LED and CFL. Based on segmentation by application, the market includes hospital, retail, industrial and office.\n

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commercial luminaire market wide area used trend

Commercial Luminaire Market Wide Area Used, Trend

and Growth rate Report 2022

Global Commercial Luminaire Market is expected to gain a steady CAGR in the

forthcoming period. Adoption towards LEDs for general illumination is gaining

much attention due to rise in its commercial value. LEDs produce light by

different physical processes than conventional lighting sources.

Global Commercial Luminaire Market is expected to gain a steady CAGR in the forthcoming period.

Adoption towards LEDs for general illumination is gaining much attention due to rise in its commercial

value. LEDs produce light by different physical processes than conventional lighting sources. These do

not use electrical filaments, electrodes, gaseous discharge processes to generate light. LEDs in fact,

emit light through a process termed as solid-state electroluminescence in which the material emits

lights in an optical and electrical phenomenon in response to the passage of an electric current or a

strong electric field. There are multiple advantages to using LED technology in comparison with

traditional incandescent, fluorescent or high-intensity (HID) sources.

Browse Full Research Report @

https://www.millioninsights.com/industry-reports/commercial-luminaire-market

average lifetime of an led product is much longer

Average lifetime of an LED product is much longer which drastically reduces product replacement,

maintenance and recycling costs. Secondly, LEDs are totally dimmable and long lasting and not

affected by ON and OFF cycling thus making them suitable for lighting control solutions. Overall, the

commercial luminaire market accounts for maximum growth owing to increasing adoption towards

eco-friendly alternatives.

Driving factors responsible for the growth of the market includes demand for innovative lighting

products and rise in commercial significance of luminaires. Also, increasing demand for LED light

bulbs, dynamic energy and energy-efficient lighting solutions is likely to add to the market growth.

Based on segmentation by type, the commercial luminaire market includes Halogen, HID, LFL, LED

and CFL. Based on segmentation by application, the market includes hospital, retail, industrial and

office. Based on segmentation by technology, the commercial luminaire industry includes traditional

luminaires and LED luminaires. Based on segmentation by end-user, the commercial luminaire market

includes commercial, architecture, industrial and outdoor.

Geographically, commercial luminaire market spans North America, Latin America, Europe, Asia-

Pacific, Middle-East and Africa. APAC market dominates the global market owing to innovative

products and manufacture of novel lighting for residential and commercial purpose. North America

and Europe market is also gaining a positive traction owing to presence of big players and the need

for LED lighting. MEA regions are however, expected to gain an above moderate CAGR growth owing

to rise in the forthcoming years owing to untapped potential for market growth in these regions. The

key players in the market include Philips, OSRAM, General Electric, Cree Inc, Panasonic, YANKO

Lighting.

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Market Segment:

Geographically, this report is segmented into several key Regions, with production, consumption,

revenue (million USD), market share and growth rate of Commercial Luminaire in these regions,

from 2012 to 2022 (forecast), covering

• North America

• Europe

• China

japan southeast asia india

• Japan

• Southeast Asia

• India

Global Commercial Luminaire market competition by top manufacturers, with production, price,

revenue (value) and market share for each manufacturer; the top players including

• Philips

• OSRAM

• General Electric

• Cree, Inc

• Panasonic

• Eaton

• Thorn

• Hubbell Lighting

• Acuity Brands Lighting

• TOSHIBA

• Targetti Sankey S.p.A.

• Asian Electronics

• LSI Industries

• SIMKAR Corporation

• Thorlux Lighting

• Evolution Lighting

• KALCO Lighting, Inc

• Foshan Lighting

• Opple Lighting

• NVC Lighting

• YANKO Lighting

See More Reports of this Category by Million Insights @

https://www.millioninsights.com/industry/consumer-electronics

on the basis of product this report displays

On the basis of product, this report displays the production, revenue, price, market share and

growth rate of each type, primarily split into

• Halogen

• HID

• LFL

• CFL

• LED

On the basis on the end users/applications, this report focuses on the status and outlook for

major applications/end users, consumption (sales), market share and growth rate of Commercial

Luminaire for each application, including

• Retail

• Hospital

• Industrial

• Office

• Other

Browse Full Research Report @

https://www.millioninsights.com/industry-reports/commercial-luminaire-market

get in touch

Get in touch

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Our representatives strive to understand diverse client requirements and cater to the same with the

most innovative and functional solutions.

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Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com

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