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This report investigates the global LED lighting market for hazardous locations, providing comprehensive information such as an overview, market analysis, and company profiles.
![[English Market Research Report] Smart Lighting Market](https://image.mono.ipros.com/public/product/image/8e0/2000926826/IPROS8577237159860720527.png?w=280&h=280)
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The global smart lighting market size reached 13.5 billion USD in 2022. Going forward, the IMARC Group predicts a growth rate of 20.1% (CAGR) from 2023 to 2028, reaching 41.2 billion USD by 2028. Smart lighting is a technology designed to efficiently utilize light resources through energy-saving lighting fixtures and automatic control. This allows users to adjust the surrounding lighting based on occupancy and the presence of sunlight. Smart lighting products are applied in commercial, industrial, and residential sectors, typically consisting of wall-mounted keypads and touch screen panels. They can also be accessed via smartphone applications, making it easy to control the lighting. Furthermore, smart lighting systems can change the color and brightness of fixtures from anywhere in the world. Smart lighting is an essential tool in the development of smart cities, as a significant number of public lighting systems globally operate with high-intensity bulbs that use mercury and other substances, negatively impacting the environment.
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The global micro LED market from the perspective of transfer lighting technology consumption is projected to have a CAGR of 69.4% from 2023 to 2028, reaching an estimated 67.6 billion USD by 2028. The main driving factor for this market is the increasing demand for lighting technologies that help improve energy efficiency by reducing energy waste and optimizing light distribution. The future of transfer lighting technology in the global micro LED market is seen as promising, particularly in business opportunities within the general lighting and automotive lighting markets.
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The global market size for horticultural lighting was approximately $6.19 billion in 2022 and is expected to grow at a healthy growth rate of over 18.1% during the forecast period from 2023 to 2030. Horticultural lighting refers to the use of artificial light sources such as LEDs to provide specific wavelengths and intensities of light in controlled environments like greenhouses and indoor farms, promoting plant growth, development, and productivity. This allows producers to optimize photosynthesis in plants and manipulate various physiological processes to improve crop quality and yield.
![[English Market Research Report] Global Market for Horticultural Lighting](https://image.mono.ipros.com/public/product/image/8ac/2000993434/IPROS1499005561315199800.png?w=280&h=280)
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The global horticultural lighting market size is expected to reach 3.7 billion USD in 2023 and 10.4 billion USD by 2028, with a projected CAGR of 22.4% from 2023 to 2028. This report investigates and analyzes the global horticultural lighting market, providing information on key driving and restraining factors, competitive landscape, future trends, and more.
![[English Market Research Report] Global Market for Aircraft Landing Gear Lighting](https://image.mono.ipros.com/public/product/image/85b/2001025498/IPROS14267806139745083441.png?w=280&h=280)
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The market size for aircraft landing gear lighting worldwide was $3.32 billion in 2021 and $3.49 billion in 2022. This market is expected to expand at a CAGR of 5.1% during the forecast period (2023-2030), reaching $5.19 billion by 2030. This report investigates the global aircraft landing gear lighting market, providing an overview of the market along with trends by type, application, and region, as well as profiles of companies entering the market.
![[English Market Research Report] Global Market for Aircraft Seat Lighting](https://image.mono.ipros.com/public/product/image/9e1/2001025502/IPROS2096209049670016016.png?w=280&h=280)
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The market size for aircraft seat lighting was 1.6 billion USD in 2021 and 1.72 billion USD in 2022. It is projected to expand at a CAGR of 7.4% during the forecast period (2023-2030), reaching 3.04 billion USD by 2030. This report investigates the global aircraft seat lighting market, providing an overview of the market along with trends by lighting type, aircraft type, and region, as well as profiles of companies entering the market.
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The global smart lighting market size is projected to grow from 9.2 billion USD in 2021 and 11.05 billion USD in 2022, with a CAGR of 20.1% during the forecast period, reaching 40 billion USD by 2030. The global smart lighting market refers to an industry that is rapidly expanding around intelligent lighting systems. These systems utilize advanced technologies such as sensors, connectivity, and automation to enhance energy efficiency, convenience, and customization of lighting environments, and are applied in residential, commercial, and industrial sectors. Factors driving the growth of this market include the expansion of smart home solution adoption, urban development, and efforts towards sustainability. Additionally, the evolution of IoT is also a key factor supporting the market's expansion.
![[English Market Research Report] Global Market for Automotive Lighting](https://image.mono.ipros.com/public/product/image/787/2001030006/IPROS5873561503518485793.png?w=280&h=280)
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The global automotive lighting market size is projected to grow from 28.3 billion USD in 2021 and 28.9 billion USD in 2022, with a CAGR of 4.10% during the forecast period, reaching 37.25 billion USD by 2030. This report investigates the global automotive lighting market, summarizing market overview, analysis of various influencing factors, trends in technology and innovation, regulatory environment, market size trends and forecasts, breakdown by various segments and regions, competitive landscape, and profiles of key companies.
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The heliport lighting market is projected to grow by 30.13 million USD from 2023 to 2028, with a CAGR of 5.91% during the forecast period. This report highlights the integration of smart technology and heliport lighting as one of the key factors driving the growth of the heliport lighting market in the coming years. Additionally, the development of electric vertical takeoff and landing (eVTOL) aircraft and the increasing focus on international regulations and standardization for heliport lighting will lead to significant demand in the market.
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The automotive lighting market is expected to grow from 22.5 billion USD in 2023 to 30.4 billion USD by 2030, with a CAGR of 4.4% during the forecast period. The increase in production of mid-range vehicles equipped with LED lighting, the rise in sales of luxury cars and SUVs in developed countries, and the growing concern for safety on the road are driving OEMs to focus on innovation and advancements in automotive lighting technology.
![[English Market Research Report] Global Market for Human-Centric Lighting](https://image.mono.ipros.com/public/product/image/8e1/2001208166/IPROS7038355243121539095.png?w=280&h=280)
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The global market size for human-centric lighting was valued at 1.59 billion USD in 2022, and it is projected to grow from 2.01 billion USD in 2023 to 13.04 billion USD by 2031, with a CAGR of 26.34% during the forecast period (2024-2031). The human-centric lighting market is expected to experience significant expansion, driven by advancements in wireless communication technology for smart lighting systems, a surge in smart city initiatives, and the proliferation of IoT technology for ambient lighting. According to forecasts from the U.S. Department of Energy, the cost of warm white LED bulbs in the U.S. is expected to drop significantly from 1.7 USD to 0.3 USD per kilolumen by 2025. Globally, the demand for LEDs is driven by their low energy consumption and positive environmental impact, as lighting accounts for approximately 6% of global CO2 emissions.
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The market size of smart lighting is expected to reach 9.5 billion USD in 2024 and 18 billion USD by 2029, with a CAGR of 13.8% from 2024 to 2029. This report investigates the global smart lighting market, summarizing trends by installation type, offering, end-use, communication technology, region, and profiles of companies entering the market.
![[English Market Research Report] Global Market for Automotive Lighting](https://image.mono.ipros.com/public/product/image/454/2001201162/IPROS14047262306584404216.png?w=280&h=280)
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The global market size for automotive lighting was valued at 28.9 billion USD in 2022, with a projected CAGR of 4.10% during the forecast period (2024-2031), expected to grow from 30.08 billion USD in 2023 to 41.49 billion USD by 2031. The global commercial vehicle market is expected to see a surge in demand during the forecast period, driven by increases in production and sales. This growth is primarily fueled by technological advancements aimed at improving vehicle safety and complying with stringent government regulations. Additionally, the population growth and increased purchasing power in emerging markets are anticipated to present favorable opportunities for the market.
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The kitchen lighting market is expected to see significant growth over the next few years. By 2028, it is projected to grow to $18.56 billion at a compound annual growth rate (CAGR) of 8.3%. The growth during the forecast period is associated with factors such as the integration of smart home technology, a focus on health and wellness, an increase in demand for customization and personalization, attention to sustainable and environmentally friendly lighting solutions, and the incorporation of wireless power and charging capabilities. Notable trends expected during the forecast period include innovations in fixture design, advancements in LED technology, ongoing technological progress, the rise of human-centric lighting, and the integration of advanced controls.
