Industrial Lighting: Spreading Light Years

Industrial Lighting: Spreading Light Years

According to the latest report of Market Research Future, the industrial lighting market is expected to reach $13.17 billion by 2023, growing at a CAGR of 7.82 percent (2017-2023). The major drivers for the market include modernization & infrastructural development and growing demand for energy-efficient lighting systems across diversified industrial sectors. However, the lower operational costs and reduced heat losses of industrial lighting make them a suitable replacement for incandescent lights. Several industries have distinct lighting specification that differs from specialized task lighting to diverse lighting levels. To meet this requirement, the global industrial lighting market offers various lighting solutions based on reliability, efficiency and superior performance and...