Market Overview:
The global high bay lighting market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient lighting solutions and the growing awareness about the benefits of LED lights. The global high bay lighting market is segmented on the basis of type, application, and region. On the basis of type, it is segmented into 120-277V, 277-480V, 347-480V segments. On the basis of application, it is segmented into sport facilities, warehouses, garages transportation lightings and other applications segments.
Product Definition:
A high bay is a type of ceiling fixture that is used in large indoor spaces such as warehouses, factories, and gymnasiums. It typically consists of a metal or plastic reflector that directs light down onto the work surface or playing area. High bay fixtures are often equipped with multiple lamps to provide more illumination.
120-277V:
High Bay Lighting market is expected to grow at a CAGR of XX% from 2016 to 2024. The growth can be attributed to the increasing demand for energy-efficient lighting systems and the growing adoption of LED technology in HBL market.
120-277V is a range of voltage commonly used in HBL, which provides efficient and cost-effective solutions for industrial applications such as process control, material handling, machine vision systems among others.
277-480V:
High Bay Lighting Market Size, Share & Trends Analysis Report By Application (Refrigeration, HVAC), By Voltage Type (Low/Medium/High), And Segment Forecasts, 2019 - 2025 -> The global high bay lighting market size was valued at USD 2.5 billion in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 5.0% from 2019 to 2025.
Application Insights:
The transportation lightings segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing investments in railway infrastructure, particularly across emerging countries such as China, India and Brazil. In addition, high bay lighting provides better illumination compared to other sources such as HID or LED lights which improves visibility for drivers on roads and highways leading to increased adoption of high bay lighting systems in transportation applications globally.
The warehousing facilities segment is anticipated register a notable CAGR from 2018 to 2030 owingto an increasein off-shore manufacturing activities resulting in an increased requirementfor storage & inventory facilities across various industries globally including automotive & transport which further drives demand for warehouses with well-lithigh bays areas where heavy machinery are stored or work performed thereby supporting industry growth over the forecast period.
Regional Analysis:
Europe dominated the global high bay lighting market in 2017 owing to the growing adoption of HBLs for sports and commercial complexes, warehouses, and industrial applications. The region is expected to witness a CAGR of XX% over the forecast period on account of rising construction activities in countries such as Germany, France, Italy, Spain among others.
Asia Pacific is anticipated to be one of the fastest-growing markets over the forecast period owing its increasing construction activities mainly in China and India among other developing economies that have adopted high bay lightings for industrial applications including chemical plants and power generation facilities especially during evenings/night time which helps reduce energy consumption costs by up till 30%.
Growth Factors:
- Increasing demand from the automotive and electronics industries
- Growing awareness about energy-efficient lighting solutions
- Rising investment in infrastructure development projects
- Proliferation of LED technology
- Stringent government regulations for energy conservation
Scope Of The Report
Report Attributes
Report Details
Report Title
High Bay Lighting Market Research Report
By Type
120-277V, 277-480V, 347-480V
By Application
Sport Facilities, Warehouses, Garages, Transportation Lightings, Other
By Companies
Acuity Brands, Nichia, Seoul Semiconductor, Zumtobel Group, Eaton, Osram, Cree, General Electric, Koninklijke Philips, Digital Lumens, Ecosource, Litetronics, Opus Technology, Hengdeli Lighting Electric, Ningbo Dongxing Electric, Jiao Guang Group, Shenzhen AGC Lighting, AOK LED Light, Yaham Optoelectronics, Shenzhen Betop Electronics, Feiert Technology, Gaman Lighting Technology, E-Lite Semiconductor
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global High Bay Lighting Market Report Segments:
The global High Bay Lighting market is segmented on the basis of:
Types
120-277V, 277-480V, 347-480V
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Sport Facilities, Warehouses, Garages, Transportation Lightings, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Acuity Brands
- Nichia
- Seoul Semiconductor
- Zumtobel Group
- Eaton
- Osram
- Cree
- General Electric
- Koninklijke Philips
- Digital Lumens
- Ecosource
- Litetronics
- Opus Technology
- Hengdeli Lighting Electric
- Ningbo Dongxing Electric
- Jiao Guang Group
- Shenzhen AGC Lighting
- AOK LED Light
- Yaham Optoelectronics
- Shenzhen Betop Electronics
- Feiert Technology
- Gaman Lighting Technology
- E-Lite Semiconductor
Highlights of The High Bay Lighting Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 120-277V
- 277-480V
- 347-480V
- By Application:
- Sport Facilities
- Warehouses
- Garages
- Transportation Lightings
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Bay Lighting Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
High Bay Lighting is a type of lighting that is typically found in industrial and commercial settings. It consists of a series of recessed light fixtures mounted high on the wall, providing an intense light source for working areas.
Some of the major companies in the high bay lighting market are Acuity Brands, Nichia, Seoul Semiconductor, Zumtobel Group, Eaton, Osram, Cree, General Electric, Koninklijke Philips, Digital Lumens, Ecosource, Litetronics, Opus Technology, Hengdeli Lighting Electric, Ningbo Dongxing Electric, Jiao Guang Group, Shenzhen AGC Lighting, AOK LED Light, Yaham Optoelectronics, Shenzhen Betop Electronics, Feiert Technology, Gaman Lighting Technology, E-Lite Semiconductor.
The high bay lighting market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. High Bay Lighting Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. High Bay Lighting Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. High Bay Lighting Market - Supply Chain
4.5. Global High Bay Lighting Market Forecast
4.5.1. High Bay Lighting Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. High Bay Lighting Market Size (000 Units) and Y-o-Y Growth
4.5.3. High Bay Lighting Market Absolute $ Opportunity
5. Global High Bay Lighting Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. High Bay Lighting Market Size and Volume Forecast by Type
5.3.1. 120-277V
5.3.2. 277-480V
5.3.3. 347-480V
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global High Bay Lighting Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. High Bay Lighting Market Size and Volume Forecast by Application
6.3.1. Sport Facilities
6.3.2. Warehouses
6.3.3. Garages
6.3.4. Transportation Lightings
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global High Bay Lighting Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. High Bay Lighting Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global High Bay Lighting Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. High Bay Lighting Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global High Bay Lighting Demand Share Forecast, 2019-2026
9. North America High Bay Lighting Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America High Bay Lighting Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America High Bay Lighting Market Size and Volume Forecast by Application
9.4.1. Sport Facilities
9.4.2. Warehouses
9.4.3. Garages
9.4.4. Transportation Lightings
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America High Bay Lighting Market Size and Volume Forecast by Type
9.7.1. 120-277V
9.7.2. 277-480V
9.7.3. 347-480V
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America High Bay Lighting Demand Share Forecast, 2019-2026
10. Latin America High Bay Lighting Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America High Bay Lighting Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America High Bay Lighting Market Size and Volume Forecast by Application
10.4.1. Sport Facilities
10.4.2. Warehouses
10.4.3. Garages
10.4.4. Transportation Lightings
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America High Bay Lighting Market Size and Volume Forecast by Type
10.7.1. 120-277V
10.7.2. 277-480V
10.7.3. 347-480V
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America High Bay Lighting Demand Share Forecast, 2019-2026
11. Europe High Bay Lighting Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe High Bay Lighting Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe High Bay Lighting Market Size and Volume Forecast by Application
11.4.1. Sport Facilities
11.4.2. Warehouses
11.4.3. Garages
11.4.4. Transportation Lightings
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe High Bay Lighting Market Size and Volume Forecast by Type
11.7.1. 120-277V
11.7.2. 277-480V
11.7.3. 347-480V
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10 Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe High Bay Lighting Demand Share, 2019-2026
12. Asia Pacific High Bay Lighting Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific High Bay Lighting Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific High Bay Lighting Market Size and Volume Forecast by Application
12.4.1. Sport Facilities
12.4.2. Warehouses
12.4.3. Garages
12.4.4. Transportation Lightings
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific High Bay Lighting Market Size and Volume Forecast by Type
12.7.1. 120-277V
12.7.2. 277-480V
12.7.3. 347-480V
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific High Bay Lighting Demand Share, 2019-2026
13. Middle East & Africa High Bay Lighting Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa High Bay Lighting Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa High Bay Lighting Market Size and Volume Forecast by Application
13.4.1. Sport Facilities
13.4.2. Warehouses
13.4.3. Garages
13.4.4. Transportation Lightings
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa High Bay Lighting Market Size and Volume Forecast by Type
13.7.1. 120-277V
13.7.2. 277-480V
13.7.3. 347-480V
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa High Bay Lighting Demand Share, 2019-2026
14. Competition Landscape
14.1. Global High Bay Lighting Market: Market Share Analysis
14.2. High Bay Lighting Distributors and Customers
14.3. High Bay Lighting Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Acuity Brands
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nichia
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Seoul Semiconductor
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Zumtobel Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Eaton
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Osram
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Cree
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. General Electric
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Koninklijke Philips
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Digital Lumens
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Ecosource
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Litetronics
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Opus Technology
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Hengdeli Lighting Electric
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Ningbo Dongxing Electric
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Jiao Guang Group
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Shenzhen AGC Lighting
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. AOK LED Light
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Yaham Optoelectronics
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Shenzhen Betop Electronics
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
