The Latin America, Middle East and Africa Industrial and Commercial LED Lighting Market would witness market growth of 20.8% CAGR during the forecast period (2022-2028).
LED lights do not fracture and do not include harmful elements like mercury-filled fluorescent tubes, which eliminates the need for expensive special disposal services. The transition to LED illumination is now simpler than ever. Updating with Straits is a simple process, from fall bulbs that fit with current fixtures to complete replacement fixtures.
These lights often make installation simpler because they don't require ballasts or other supporting equipment because everything they needed to function is already built into the fixture. There are no hazardous materials in LED lights. Fluorescent strip lights, which include hazardous compounds like mercury, are currently used in the majority of offices. When this is dumped in a landfill, the environment will get contaminated.
Switching to LED aids in protecting the environment from additional harmful waste by avoiding the time and cost implications necessary for compliant disposal, which must be handled via a certified trash carrier. Compared to past kinds of lighting that waste energy by releasing light in all directions, sometimes illuminating regions where light is really not needed, LEDs have a good distribution of light and focus light in a single direction (such as the ceiling).
This region consists of nations that are progressing at a rapid rate along with maintaining sustainability of energy. Along with that, the consumption of electricity and other energy sources is constantly increasing and hence, motivating companies and individuals to adopt energy-efficient lighting systems. The rise in the construction of various industries and commercial spaces like restaurants, cinema and others, which is creating new growth prospects for the regional market players.
The Brazil market dominated the LAMEA Industrial and Commercial LED Lighting Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,658.6 million by 2028.The Argentina market is anticipated to grow at a CAGR of 21.5% during (2022 - 2028). Additionally, The UAE market would exhibit a CAGR of 20.5% during (2022 - 2028).
Based on Product Type, the market is segmented into LED Lamps and LED Fixtures. Based on Application, the market is segmented into Indoor Lighting and Outdoor Lighting. Based on End User, the market is segmented into Commercial and Industrial. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Industrial and Commercial LED Lighting Market is Predict to reach $91.5 Billion by 2028, at a CAGR of 17.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Dialight PLC, Eaton Corporation, General Electric (GE) Co., Signify N.V., AMS AG (OSRAM Licth AG), Syska LED Lights Private Limited, Toshiba Corporation, Zumtobel Group AG, Deco Lighting, Inc., and Wolfspeed, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Product Type
By Application
- Indoor Lighting
- Outdoor Lighting
By End User
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Dialight PLC
- Eaton Corporation
- General Electric (GE) Co.
- Signify N.V.
- AMS AG (OSRAM Licth AG)
- Syska LED Lights Private Limited
- Toshiba Corporation
- Zumtobel Group AG
- Deco Lighting, Inc.
- Wolfspeed, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Industrial and Commercial LED Lighting Market, by Product Type
1.4.2 LAMEA Industrial and Commercial LED Lighting Market, by Application
1.4.3 LAMEA Industrial and Commercial LED Lighting Market, by End User
1.4.4 LAMEA Industrial and Commercial LED Lighting Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2019, Apr – 2022, Aug) Leading Players
Chapter 4. LAMEA Industrial and Commercial LED Lighting Market by Product Type
4.1 LAMEA LED Lamps Market by Country
4.2 LAMEA LED Fixtures Market by Country
Chapter 5. LAMEA Industrial and Commercial LED Lighting Market by Application
5.1 LAMEA Indoor Lighting Market by Country
5.2 LAMEA Outdoor Lighting Market by Country
Chapter 6. LAMEA Industrial and Commercial LED Lighting Market by End User
6.1 LAMEA Commercial Market by Country
6.2 LAMEA Industrial Market by Country
Chapter 7. LAMEA Industrial and Commercial LED Lighting Market by Country
7.1 Brazil Industrial and Commercial LED Lighting Market
7.1.1 Brazil Industrial and Commercial LED Lighting Market by Product Type
7.1.2 Brazil Industrial and Commercial LED Lighting Market by Application
7.1.3 Brazil Industrial and Commercial LED Lighting Market by End User
7.2 Argentina Industrial and Commercial LED Lighting Market
7.2.1 Argentina Industrial and Commercial LED Lighting Market by Product Type
7.2.2 Argentina Industrial and Commercial LED Lighting Market by Application
7.2.3 Argentina Industrial and Commercial LED Lighting Market by End User
7.3 UAE Industrial and Commercial LED Lighting Market
7.3.1 UAE Industrial and Commercial LED Lighting Market by Product Type
7.3.2 UAE Industrial and Commercial LED Lighting Market by Application
7.3.3 UAE Industrial and Commercial LED Lighting Market by End User
7.4 Saudi Arabia Industrial and Commercial LED Lighting Market
7.4.1 Saudi Arabia Industrial and Commercial LED Lighting Market by Product Type
7.4.2 Saudi Arabia Industrial and Commercial LED Lighting Market by Application
7.4.3 Saudi Arabia Industrial and Commercial LED Lighting Market by End User
7.5 South Africa Industrial and Commercial LED Lighting Market
7.5.1 South Africa Industrial and Commercial LED Lighting Market by Product Type
7.5.2 South Africa Industrial and Commercial LED Lighting Market by Application
7.5.3 South Africa Industrial and Commercial LED Lighting Market by End User
7.6 Nigeria Industrial and Commercial LED Lighting Market
7.6.1 Nigeria Industrial and Commercial LED Lighting Market by Product Type
7.6.2 Nigeria Industrial and Commercial LED Lighting Market by Application
7.6.3 Nigeria Industrial and Commercial LED Lighting Market by End User
7.7 Rest of LAMEA Industrial and Commercial LED Lighting Market
7.7.1 Rest of LAMEA Industrial and Commercial LED Lighting Market by Product Type
7.7.2 Rest of LAMEA Industrial and Commercial LED Lighting Market by Application
7.7.3 Rest of LAMEA Industrial and Commercial LED Lighting Market by End User
Chapter 8. Company Profiles
8.1 General Electric (GE) Co.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 Eaton Corporation PLC
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Product Launches and Product Expansions:
8.3 Signify N.V.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.3.5.2 Acquisition and Mergers:
8.4 AMS AG (OSRAM Licth AG)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.5 Syska LED Lights Private Limited
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Product Launches and Product Expansions:
8.6 Dialight PLC
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.7 Toshiba Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research and Development Expense
8.7.5 SWOT Analysis
8.8 Zumtobel Group AG
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.5.2 Geographical Expansions:
8.9 Deco Lighting, Inc.
8.9.1 Company Overview
8.10. Wolfspeed, Inc.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 Recent strategies and developments:
8.10.5.1 Acquisition and Mergers:
TABLE 1 LAMEA Industrial and Commercial LED Lighting Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Industrial and Commercial LED Lighting Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – Industrial and Commercial LED Lighting Market
TABLE 4 Product Launches And Product Expansions – Industrial and Commercial LED Lighting Market
TABLE 5 Acquisition and Mergers – Industrial and Commercial LED Lighting Market
TABLE 6 Geographical Expansions – Industrial and Commercial LED Lighting Market
TABLE 7 LAMEA Industrial and Commercial LED Lighting Market by Product Type, 2018 - 2021, USD Million
TABLE 8 LAMEA Industrial and Commercial LED Lighting Market by Product Type, 2022 - 2028, USD Million
TABLE 9 LAMEA LED Lamps Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA LED Lamps Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA LED Fixtures Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA LED Fixtures Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Industrial and Commercial LED Lighting Market by Application, 2018 - 2021, USD Million
TABLE 14 LAMEA Industrial and Commercial LED Lighting Market by Application, 2022 - 2028, USD Million
TABLE 15 LAMEA Indoor Lighting Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Indoor Lighting Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Outdoor Lighting Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Outdoor Lighting Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Industrial and Commercial LED Lighting Market by End User, 2018 - 2021, USD Million
TABLE 20 LAMEA Industrial and Commercial LED Lighting Market by End User, 2022 - 2028, USD Million
TABLE 21 LAMEA Commercial Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Commercial Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Industrial Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Industrial Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Industrial and Commercial LED Lighting Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Industrial and Commercial LED Lighting Market by Country, 2022 - 2028, USD Million
TABLE 27 Brazil Industrial and Commercial LED Lighting Market, 2018 - 2021, USD Million
TABLE 28 Brazil Industrial and Commercial LED Lighting Market, 2022 - 2028, USD Million
TABLE 29 Brazil Industrial and Commercial LED Lighting Market by Product Type, 2018 - 2021, USD Million
TABLE 30 Brazil Industrial and Commercial LED Lighting Market by Product Type, 2022 - 2028, USD Million
TABLE 31 Brazil Industrial and Commercial LED Lighting Market by Application, 2018 - 2021, USD Million
TABLE 32 Brazil Industrial and Commercial LED Lighting Market by Application, 2022 - 2028, USD Million
TABLE 33 Brazil Industrial and Commercial LED Lighting Market by End User, 2018 - 2021, USD Million
TABLE 34 Brazil Industrial and Commercial LED Lighting Market by End User, 2022 - 2028, USD Million
TABLE 35 Argentina Industrial and Commercial LED Lighting Market, 2018 - 2021, USD Million
TABLE 36 Argentina Industrial and Commercial LED Lighting Market, 2022 - 2028, USD Million
TABLE 37 Argentina Industrial and Commercial LED Lighting Market by Product Type, 2018 - 2021, USD Million
TABLE 38 Argentina Industrial and Commercial LED Lighting Market by Product Type, 2022 - 2028, USD Million
TABLE 39 Argentina Industrial and Commercial LED Lighting Market by Application, 2018 - 2021, USD Million
TABLE 40 Argentina Industrial and Commercial LED Lighting Market by Application, 2022 - 2028, USD Million
TABLE 41 Argentina Industrial and Commercial LED Lighting Market by End User, 2018 - 2021, USD Million
TABLE 42 Argentina Industrial and Commercial LED Lighting Market by End User, 2022 - 2028, USD Million
TABLE 43 UAE Industrial and Commercial LED Lighting Market, 2018 - 2021, USD Million
TABLE 44 UAE Industrial and Commercial LED Lighting Market, 2022 - 2028, USD Million
TABLE 45 UAE Industrial and Commercial LED Lighting Market by Product Type, 2018 - 2021, USD Million
TABLE 46 UAE Industrial and Commercial LED Lighting Market by Product Type, 2022 - 2028, USD Million
TABLE 47 UAE Industrial and Commercial LED Lighting Market by Application, 2018 - 2021, USD Million
TABLE 48 UAE Industrial and Commercial LED Lighting Market by Application, 2022 - 2028, USD Million
TABLE 49 UAE Industrial and Commercial LED Lighting Market by End User, 2018 - 2021, USD Million
TABLE 50 UAE Industrial and Commercial LED Lighting Market by End User, 2022 - 2028, USD Million
TABLE 51 Saudi Arabia Industrial and Commercial LED Lighting Market, 2018 - 2021, USD Million
TABLE 52 Saudi Arabia Industrial and Commercial LED Lighting Market, 2022 - 2028, USD Million
TABLE 53 Saudi Arabia Industrial and Commercial LED Lighting Market by Product Type, 2018 - 2021, USD Million
TABLE 54 Saudi Arabia Industrial and Commercial LED Lighting Market by Product Type, 2022 - 2028, USD Million
TABLE 55 Saudi Arabia Industrial and Commercial LED Lighting Market by Application, 2018 - 2021, USD Million
TABLE 56 Saudi Arabia Industrial and Commercial LED Lighting Market by Application, 2022 - 2028, USD Million
TABLE 57 Saudi Arabia Industrial and Commercial LED Lighting Market by End User, 2018 - 2021, USD Million
TABLE 58 Saudi Arabia Industrial and Commercial LED Lighting Market by End User, 2022 - 2028, USD Million
TABLE 59 South Africa Industrial and Commercial LED Lighting Market, 2018 - 2021, USD Million
TABLE 60 South Africa Industrial and Commercial LED Lighting Market, 2022 - 2028, USD Million
TABLE 61 South Africa Industrial and Commercial LED Lighting Market by Product Type, 2018 - 2021, USD Million
TABLE 62 South Africa Industrial and Commercial LED Lighting Market by Product Type, 2022 - 2028, USD Million
TABLE 63 South Africa Industrial and Commercial LED Lighting Market by Application, 2018 - 2021, USD Million
TABLE 64 South Africa Industrial and Commercial LED Lighting Market by Application, 2022 - 2028, USD Million
TABLE 65 South Africa Industrial and Commercial LED Lighting Market by End User, 2018 - 2021, USD Million
TABLE 66 South Africa Industrial and Commercial LED Lighting Market by End User, 2022 - 2028, USD Million
TABLE 67 Nigeria Industrial and Commercial LED Lighting Market, 2018 - 2021, USD Million
TABLE 68 Nigeria Industrial and Commercial LED Lighting Market, 2022 - 2028, USD Million
TABLE 69 Nigeria Industrial and Commercial LED Lighting Market by Product Type, 2018 - 2021, USD Million
TABLE 70 Nigeria Industrial and Commercial LED Lighting Market by Product Type, 2022 - 2028, USD Million
TABLE 71 Nigeria Industrial and Commercial LED Lighting Market by Application, 2018 - 2021, USD Million
TABLE 72 Nigeria Industrial and Commercial LED Lighting Market by Application, 2022 - 2028, USD Million
TABLE 73 Nigeria Industrial and Commercial LED Lighting Market by End User, 2018 - 2021, USD Million
TABLE 74 Nigeria Industrial and Commercial LED Lighting Market by End User, 2022 - 2028, USD Million
TABLE 75 Rest of LAMEA Industrial and Commercial LED Lighting Market, 2018 - 2021, USD Million
TABLE 76 Rest of LAMEA Industrial and Commercial LED Lighting Market, 2022 - 2028, USD Million
TABLE 77 Rest of LAMEA Industrial and Commercial LED Lighting Market by Product Type, 2018 - 2021, USD Million
TABLE 78 Rest of LAMEA Industrial and Commercial LED Lighting Market by Product Type, 2022 - 2028, USD Million
TABLE 79 Rest of LAMEA Industrial and Commercial LED Lighting Market by Application, 2018 - 2021, USD Million
TABLE 80 Rest of LAMEA Industrial and Commercial LED Lighting Market by Application, 2022 - 2028, USD Million
TABLE 81 Rest of LAMEA Industrial and Commercial LED Lighting Market by End User, 2018 - 2021, USD Million
TABLE 82 Rest of LAMEA Industrial and Commercial LED Lighting Market by End User, 2022 - 2028, USD Million
TABLE 83 KEY INFORMATION – GENERAL ELECTRIC (GE) CO.
TABLE 84 key information – Eaton Corporation PLC
TABLE 85 Key Information – Signify N.V.
TABLE 86 Key Information – AMS AG
TABLE 87 Key Information – Syska LED Lights Private Limited
TABLE 88 key information – Dialight PLC
TABLE 89 Key Information – Toshiba Corporation
TABLE 90 key information – Zumtobel Group AG
TABLE 91 Key Information – Deco Lighting, Inc.
TABLE 92 Key Information – Wolfspeed, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Key Strategic Move: (Product Launches and Product Expansions: 2019, Apr – 2022, Aug) Leading Players
FIG 6 Swot analysis: General electric (GE) Co.
FIG 7 Recent strategies and developments: Signify N.V.
FIG 8 SWOT Analysis: Toshiba Corporation