Global Industrial Lighting Market
- 4400.00 Dollar US$
- Published date: July 9, 2020
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- Pune, AmbivaliTarfWankhal, Maharashtra, India
Industrial lighting is the lighting system which is used in the variety of industries such as manufacturing, marine, mining, packaging and even sports. It is mainly used among these industries for the safety concerns and for better visibility experience. The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis. Growing infrastructural development and modernization of industries across the globe is major driving factor behind the growth of market. Industrial lighting provides some benefits such as reduced energy consumption, lower maintenance cost, higher quality lighting, durability, longer life, low radiated heat, immediate lighting and directional illumination and high brightness and intensity are ultimately leading to the growth of market. Furthermore, increasing adoption of LEDs, because of its reduced cost, several benefits of LED Lighting for industrial usage, introduction of Wi-Fi control based lighting and demand of IoT based smart lighting technologies are further propelling the growth of market.
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