세계의 산업용 및 상업용 LED 조명 시장 예측(-2032년) : 제품 유형, 설치 유형, 유통 채널, 용도, 최종사용자, 지역별 분석

According to Stratistics MRC, the Global Industrial and Commercial LED Lighting Market is accounted for $64.72 billion in 2025 and is expected to reach $139.55 billion by 2032 growing at a CAGR of 11.6% during the forecast period. Industrial and commercial LED lighting encompasses lighting solutions optimized for large workplaces and professional settings, such as manufacturing plants, warehouses, offices, and retail areas. Using LED technology, these lights offer high brightness, consistent illumination, and extended lifespan, while lowering energy use and maintenance needs. Designed for rigorous operational demands, they deliver robust performance, efficient heat management, and reliable functionality, making them ideal for environments requiring continuous, long-term lighting solutions.

According to the U.S. edition of its Economic Impacts of Commercial Real Estate report 2025, it highlighted that commercial construction projects launched in 2024 added USD 544.7 billion to the nation's gross domestic product and generated 2.7 million jobs.

Market Dynamics:

Driver:

Longer lifespan and lower maintenance

LEDs are known for their extended operational lifespan, which significantly reduces the need for frequent replacements compared to conventional lighting technologies. Lower maintenance requirements also translate to reduced downtime in industrial facilities and commercial spaces. Businesses benefit from lower energy bills, enhanced durability, and decreased environmental impact. Advancements in thermal management and materials are further improving LED reliability and performance. These advantages make LEDs a preferred choice for organizations seeking sustainable and low-maintenance lighting systems.

Restraint:

Lack of common open standards

Different manufacturers use proprietary technologies, creating compatibility issues in connected and smart lighting systems. This fragmentation complicates system integration, particularly in large-scale industrial and commercial applications that require seamless control. The lack of common open standards also limits scalability and vendor flexibility for end-users. As a result, adoption rates may slow down due to higher implementation and maintenance complexities. Addressing this issue will require collaborative efforts among industry associations, regulators, and technology providers.

Opportunity:

Demand for human-centric lighting (HCL)

The rising focus on human well-being and productivity is driving interest in human-centric lighting (HCL) systems. These solutions mimic natural daylight patterns to support circadian rhythms, enhance concentration, and improve mood. In industrial and commercial environments, HCL promotes worker comfort, reduces fatigue, and enhances performance. Technological innovations in tunable white LEDs and smart controls are making such systems more accessible and customizable. As businesses prioritize employee wellness and sustainability, HCL adoption presents a major growth avenue for LED manufacturers.

Threat:

Intense price competition/margin squeeze

Many manufacturers are focusing on cost reduction to remain competitive, which in turn impacts profit margins. The rapid pace of technological advancement also drives price erosion as older models are replaced by newer, more efficient alternatives. Emerging players from low-cost manufacturing regions further intensify competition. Companies are responding by diversifying into smart and connected lighting solutions to differentiate their offerings. However, sustained profitability remains a challenge without continuous innovation and value-added services.

Covid-19 Impact:

The pandemic disrupted global supply chains and delayed construction activities, temporarily reducing demand for new LED installations. Many industrial and commercial projects were postponed or cancelled due to lockdowns and capital constraints. However, the crisis accelerated the shift toward energy-efficient retrofitting and automation-driven lighting systems. As facilities reopened, there was growing demand for smart lighting with motion sensors to enhance hygiene and minimize physical contact. Post-pandemic recovery is marked by a stronger emphasis on sustainability, intelligent lighting, and energy optimization in infrastructure design.

The lamps segment is expected to be the largest during the forecast period

The lamps segment is expected to account for the largest market share during the forecast period, due to its widespread use in both new installations and retrofit applications. LED lamps are increasingly replacing incandescent and fluorescent counterparts across factories, warehouses, and commercial buildings. Their high energy efficiency, long service life, and low maintenance needs make them a cost-effective choice. Continuous improvements in luminaire design and color rendering are expanding their appeal for diverse industrial settings. Easy integration into existing fixtures further enhances adoption rates.

The industrial segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the industrial segment is predicted to witness the highest growth rate, due to the rising emphasis on operational efficiency and safety. Manufacturing plants, logistics centers, and warehouses are increasingly adopting LED systems to reduce energy costs and improve illumination quality. The growing integration of IoT-based controls enables real-time monitoring and predictive maintenance, enhancing productivity. Government regulations promoting sustainable energy use are also fueling industrial adoption. LED lighting's ability to perform reliably under harsh conditions makes it ideal for such environments.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share, due to rapid industrialization, urban expansion, and supportive government energy policies. Countries such as China, India, and Japan are leading large-scale LED adoption programs to reduce carbon emissions and energy costs. Growing infrastructure development and smart city initiatives are further boosting demand. Local manufacturers benefit from economies of scale and government subsidies promoting domestic LED production. The commercial real estate boom across the region is also driving retrofit and new installation projects.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, owing to strong regulatory frameworks and rapid adoption of smart lighting technologies. The U.S. and Canada are investing heavily in building automation and energy-efficient infrastructure. Technological advancements in connected lighting, wireless controls, and IoT platforms are accelerating market growth. Incentives and rebates for energy-efficient lighting upgrades are encouraging businesses to switch to LEDs. Increasing focus on workplace wellness and sustainability is also promoting human-centric lighting adoption.

Key players in the market

Some of the key players in Industrial and Commercial LED Lighting Market include Signify, LG Electronics, Cree Lighting, WAC Lighting, Acuity Brands, Samsung Electronics, Zumtobel Group, Nichia Corporation, Hubbell Lighting, Legrand, GE Current, Dialight, Osram, Panasonic, and Eaton Corporation.

Key Developments:

In October 2025, Samsung C&T (SCT), Samsung Electronics (SEC), and GRAIL, Inc., announced they have signed a binding Letter of Intent for a strategic collaboration to bring GRAIL's Galleri(R) multi-cancer early detection (MCED) test to key Asian markets. SCT and SEC have also agreed to invest $110 million into GRAIL, a healthcare company whose mission is to detect cancer early when it can be cured, at a price of $70.05 per share of common stock.

In September 2024, Eaton announced the signing of a Memorandum of Understanding (MoU) with the Government of Tamil Nadu. This agreement marks a significant step in Eaton's expansion plans for its Crouse-Hinds and B-Line business, reinforcing the company's commitment to driving innovation and growth in India through its sustainable solutions.

Product Types Covered:

• Lamps
• Luminaires
• Other Product Types

Installation Types Covered:

• New Installation
• Retrofit

Distribution Channels Covered:

• Direct Sales
• Architects & Integrators
• Wholesalers
• Retailers

Applications Covered:

• Indoor Lighting
• Outdoor Lighting
• Other Applications

End Users Covered:

• Commercial
• Industrial
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Industrial And Commercial LED Lighting Market, By Product Type

• 5.1 Introduction
• 5.2 Lamps
  • 5.2.1 LED Bulbs
  • 5.2.2 LED Tubes
• 5.3 Luminaires
  • 5.3.1 Downlights
  • 5.3.2 High Bay & Low Bay
  • 5.3.3 Troffers
  • 5.3.4 Floodlights
  • 5.3.5 Streetlights
• 5.4 Other Product Types

6 Global Industrial And Commercial LED Lighting Market, By Installation Type

• 6.1 Introduction
• 6.2 New Installation
• 6.3 Retrofit

7 Global Industrial And Commercial LED Lighting Market, By Distribution Channel

• 7.1 Introduction
• 7.2 Direct Sales
• 7.3 Architects & Integrators
• 7.4 Wholesalers
• 7.5 Retailers

8 Global Industrial And Commercial LED Lighting Market, By Application

• 8.1 Introduction
• 8.2 Indoor Lighting
  • 8.2.1 Office Spaces
  • 8.2.2 Warehouses
  • 8.2.3 Hospitals
  • 8.2.4 Retail Stores
• 8.3 Outdoor Lighting
  • 8.3.1 Parking Lots
  • 8.3.2 Industrial Perimeters
  • 8.3.3 Street & Roadways
  • 8.3.4 Stadiums
• 8.4 Other Applications

9 Global Industrial And Commercial LED Lighting Market, By End User

• 9.1 Introduction
• 9.2 Commercial
• 9.3 Industrial
  • 9.3.1 Manufacturing Facilities
  • 9.3.2 Energy & Utilities
  • 9.3.3 Logistics & Warehousing
• 9.4 Other End Users

10 Global Industrial And Commercial LED Lighting Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 Signify
• 12.2 LG Electronics
• 12.3 Cree Lighting
• 12.4 WAC Lighting
• 12.5 Acuity Brands
• 12.6 Samsung Electronics
• 12.7 Zumtobel Group
• 12.8 Nichia Corporation
• 12.9 Hubbell Lighting
• 12.10 Legrand
• 12.11 GE Current
• 12.12 Dialight
• 12.13 Osram
• 12.14 Panasonic
• 12.15 Eaton Corporation