Industrial Lighting Market by Light Source (LED, HID, Fluorescent)

The industrial lighting market was valued at USD 7.59 Billion in 2016 and is expected to be worth USD 13.17 Billion by 2023, growing at a CAGR of 7.82% between 2017 and 2023. The objective of this report is to

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LEDinside Estimates 2015 LED Industrial Lighting Market to Reach $2.37 B

And by 2018 the scale will reach $3.935 billion. LED high and low bay lighting fixtures have become more attractive for industrial lighting users for replacement purposes. Furthermore, LED lighting products have seen additional increases in performance and decreases in price.

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