INDUSTRIAL AND COMMERCIAL LED LIGHTING MARKET ANALYSIS

Regional Analysis

Global Industrial and Commercial LED Lighting Market: Regional Insights

Due to increased government investment and a ban on the production and import of incandescent lamps, the industrial and commercial LED lighting market in Europe is anticipated to account for a significant share. Due to high construction rates, the replacement of existing outdoor infrastructure, and government funding for high-efficiency building lighting, Asia Pacific is also anticipated to be one of the leading contributors. In order to implement standardized high-quality products and solutions, the Chinese government has offered substantial incentives to switch from conventional streetlights to LEDs.

The government also announced in 2012 that it would prohibit the import and sale of incandescent bulbs with 100 watts or more, which is anticipated to further increase demand. Moreover, expanding interest in framework including streets, retail plazas, and quick urbanization in nations like Mexico, India, and Taiwan has made energy-proficient advances. Other nations, including Russia, Germany, Denmark, the United Kingdom, and Denmark, are concentrating on implementing effective strategies to enhance quality and reduce overall costs.

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East: GCC Countries, Israel, and Rest of Middle East
• Africa: South Africa, North Africa, and Central Africa