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Industrial Lighting Market is expected to grow at a CAGR of 8.30%, reaching nearly USD 16.50 Bn in 2029 says Maximize Market Research.

(IT-NEWSWIRE.COM, July 05, 2024 ) Asia-Pacific major contributor in Industrial Lighting Market as per Maximize Market Research.



New development projects like, oil and gas plant projects in India, China, and Indonesia are driving the Asia-Pacific market. The demand is higher in industrial locations. China’s plan to complete 305 petrochemical plants by 2030, projected to boost the market even further.



Demand for energy efficient lighting is increasing with Industrial Development, Increased LED Adoption, and additional benefits of LED lights. Economic slowdown might affect the market growth.



Sample Request Link: https://www.maximizemarketresearch.com/request-sample/55845/



Industrial Lighting Market Segmentation



By Light Source:



LED Lighting

High Intensity Discharge (HID)

Lighting

Fluorescent Lighting

Others



By Offering:



Lamps & Luminaries

Control Systems

Services



By Type:



New Installation

Replacement Installation

Retrofit Installation



By Product:



Industrial Linear Lighting

Spot Lighting

Flood Lighting/Area Lighting

High Bay Lighting



By Application:



Warehouse & Cold Storage

Factory & Production Lines

Outer Premises

Parking Areas

Hazardous Locations

Others



Sample Request Link: https://www.maximizemarketresearch.com/request-sample/55845/



Industrial Lighting Market ’s Key Players include



Philips Lighting Holding B.V

Hubbell Lighting, Inc.

Emerson

Legrand

Acuity Brands Lighting, Inc.



Sample Request Link: https://www.maximizemarketresearch.com/request-sample/55845/



Maximize Market Research is leading Electronics research firm, has also published the following reports:



Personal Mobility Devices Market is expected to reach US$ 23.54 Bn. by 2030, at a CAGR of 6.8% during the forecast period.



Smart Headphone Market size was valued at US$ 12.69 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 20.8% through 2023 to 2029, reaching nearly US$ 47.65 Bn.



About Maximize Market Research:



Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.



Contact Maximize Market Research:



3rd Floor, Navale IT Park, Phase 2



Pune Bangalore Highway, Narhe,



Pune, Maharashtra 411041, India



sales@maximizemarketresearch.com



+91 96071 95908, +91 9607365656





MAXIMIZE MARKET RESEARCH PVT. LTD.

L Godage

09607365656

sales@maximizemarketresearch.com

Source: EmailWire.Com

Source: EmailWire.com

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