The Global Energy Efficient Warehouse Lighting System Market size is expected to reach $31.9 billion by 2031, rising at a market growth of 12.2% CAGR during the forecast period.
Rapid industrialization and e-commerce growth in nations like China, India, and Southeast Asia are driving the region's growth and raising demand for warehouse space. Governments in the Asia Pacific are also implementing stringent energy efficiency standards and incentivizing sustainable infrastructure development, further encouraging the adoption of energy-efficient lighting systems in warehouses. This combination of economic growth, increased warehouse construction, and supportive regulations has established Asia Pacific as a leader in the market. Thus, the Asia Pacific segment witnessed 38% revenue share in the energy efficient warehouse lighting system market in 2023.
As energy prices continue to climb, managing operational costs has become a top priority for businesses that rely on large-scale facilities with extensive lighting needs. Traditional lighting systems, especially in vast spaces like warehouses, can contribute substantially to electricity bills, representing a significant ongoing expense. Additionally, the rapid expansion of e-commerce fundamentally reshapes the warehousing industry, leading to an unprecedented demand for fulfillment centers worldwide. According to the United Nations Conference on Trade and Development (UNCTAD), global e-commerce sales reached $26.7 trillion in 2020, with continued growth projected as online shopping becomes more ingrained in consumer behavior. Thus, the growth of e-commerce will also drive the growth of warehouses, which, in turn, will propel the expansion of the energy efficient warehouse lighting system market.
However, the initial investment required for energy-efficient lighting systems, including LEDs and smart lighting controls, tends to be significantly higher than conventional lighting options. These costs encompass the price of high-quality LED fixtures, advanced lighting controls, and potential installation, integration, and training expenses. This challenge is compounded by the fact that many businesses focus on short-term gains and quick returns on investment. Hence, the high cost may impede the market's growth.
Application Outlook
Based on application, the market is classified into industrial, commercial, and others. The commercial segment procured 29% revenue share in the market in 2023. Commercial warehouses, including retail storage facilities and distribution centers, increasingly recognize the benefits of energy-efficient lighting.
Type Outlook
On the basis of type, the market is divided into light emitting diodes (LED), linear fluorescent lamps (LFL), high-intensity discharge lamps (HID), and others. The light emitting diodes (LED) segment acquired 53% revenue share in the market in 2023. The LED segment leads the market due to its high energy efficiency, longevity, and rapidly decreasing costs.
Regional Outlook
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America segment garnered 30% revenue share in the market in 2023. The region's emphasis on sustainability and corporate responsibility, along with high energy costs, has driven many warehouse operators to invest in energy-efficient lighting solutions.
List of Key Companies Profiled
- ams-OSRAM AG
- Nichia Corporation
- Acuity Brands, Inc.
- Signify N.V.
- Koninklijke Philips N.V.
- Schneider Electric SE
- Legrand S.A. (Legrand Group)
- Honeywell International, Inc.
- Cree Lighting (Ideal Industries, Inc.)
- Eaton Corporation plc
Global Energy Efficient Warehouse Lighting System Market Report Segmentation
By Application
- Industrial
- Commercial
- Other Application
By Type
- Light Emitting Diodes (LED)
- Linear Fluorescent Lamps (LFL)
- High-Intensity Discharge Lamps (HID)
- Other Type
By Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Global Energy Efficient Warehouse Lighting System Market, by Application
- 1.4.2 Global Energy Efficient Warehouse Lighting System Market, by Type
- 1.4.3 Global Energy Efficient Warehouse Lighting System Market, by Geography
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Competition Analysis
- 4.1 Market Share Analysis, 2023
- 4.2 Porter Five Forces Analysis
Chapter 5. Global Energy Efficient Warehouse Lighting System Market by Application
- 5.1 Global Industrial Market by Region
- 5.2 Global Commercial Market by Region
- 5.3 Global Other Application Market by Region
Chapter 6. Global Energy Efficient Warehouse Lighting System Market by Type
- 6.1 Global Light Emitting Diodes (LED) Market by Region
- 6.2 Global Linear Fluorescent Lamps (LFL) Market by Region
- 6.3 Global High-Intensity Discharge Lamps (HID) Market by Region
- 6.4 Global Other Type Market by Region
Chapter 7. Global Energy Efficient Warehouse Lighting System Market by Region
- 7.1 North America Energy Efficient Warehouse Lighting System Market
- 7.1.1 North America Energy Efficient Warehouse Lighting System Market by Application
- 7.1.1.1 North America Industrial Market by Country
- 7.1.1.2 North America Commercial Market by Country
- 7.1.1.3 North America Other Application Market by Country
- 7.1.2 North America Energy Efficient Warehouse Lighting System Market by Type
- 7.1.2.1 North America Light Emitting Diodes (LED) Market by Country
- 7.1.2.2 North America Linear Fluorescent Lamps (LFL) Market by Country
- 7.1.2.3 North America High-Intensity Discharge Lamps (HID) Market by Country
- 7.1.2.4 North America Other Type Market by Country
- 7.1.3 North America Energy Efficient Warehouse Lighting System Market by Country
- 7.1.3.1 US Energy Efficient Warehouse Lighting System Market
- 7.1.3.1.1 US Energy Efficient Warehouse Lighting System Market by Application
- 7.1.3.1.2 US Energy Efficient Warehouse Lighting System Market by Type
- 7.1.3.2 Canada Energy Efficient Warehouse Lighting System Market
- 7.1.3.2.1 Canada Energy Efficient Warehouse Lighting System Market by Application
- 7.1.3.2.2 Canada Energy Efficient Warehouse Lighting System Market by Type
- 7.1.3.3 Mexico Energy Efficient Warehouse Lighting System Market
- 7.1.3.3.1 Mexico Energy Efficient Warehouse Lighting System Market by Application
- 7.1.3.3.2 Mexico Energy Efficient Warehouse Lighting System Market by Type
- 7.1.3.4 Rest of North America Energy Efficient Warehouse Lighting System Market
- 7.1.3.4.1 Rest of North America Energy Efficient Warehouse Lighting System Market by Application
- 7.1.3.4.2 Rest of North America Energy Efficient Warehouse Lighting System Market by Type
- 7.2 Europe Energy Efficient Warehouse Lighting System Market
- 7.2.1 Europe Energy Efficient Warehouse Lighting System Market by Application
- 7.2.1.1 Europe Industrial Market by Country
- 7.2.1.2 Europe Commercial Market by Country
- 7.2.1.3 Europe Other Application Market by Country
- 7.2.2 Europe Energy Efficient Warehouse Lighting System Market by Type
- 7.2.2.1 Europe Light Emitting Diodes (LED) Market by Country
- 7.2.2.2 Europe Linear Fluorescent Lamps (LFL) Market by Country
- 7.2.2.3 Europe High-Intensity Discharge Lamps (HID) Market by Country
- 7.2.2.4 Europe Other Type Market by Country
- 7.2.3 Europe Energy Efficient Warehouse Lighting System Market by Country
- 7.2.3.1 Germany Energy Efficient Warehouse Lighting System Market
- 7.2.3.1.1 Germany Energy Efficient Warehouse Lighting System Market by Application
- 7.2.3.1.2 Germany Energy Efficient Warehouse Lighting System Market by Type
- 7.2.3.2 UK Energy Efficient Warehouse Lighting System Market
- 7.2.3.2.1 UK Energy Efficient Warehouse Lighting System Market by Application
- 7.2.3.2.2 UK Energy Efficient Warehouse Lighting System Market by Type
- 7.2.3.3 France Energy Efficient Warehouse Lighting System Market
- 7.2.3.3.1 France Energy Efficient Warehouse Lighting System Market by Application
- 7.2.3.3.2 France Energy Efficient Warehouse Lighting System Market by Type
- 7.2.3.4 Russia Energy Efficient Warehouse Lighting System Market
- 7.2.3.4.1 Russia Energy Efficient Warehouse Lighting System Market by Application
- 7.2.3.4.2 Russia Energy Efficient Warehouse Lighting System Market by Type
- 7.2.3.5 Spain Energy Efficient Warehouse Lighting System Market
- 7.2.3.5.1 Spain Energy Efficient Warehouse Lighting System Market by Application
- 7.2.3.5.2 Spain Energy Efficient Warehouse Lighting System Market by Type
- 7.2.3.6 Italy Energy Efficient Warehouse Lighting System Market
- 7.2.3.6.1 Italy Energy Efficient Warehouse Lighting System Market by Application
- 7.2.3.6.2 Italy Energy Efficient Warehouse Lighting System Market by Type
- 7.2.3.7 Rest of Europe Energy Efficient Warehouse Lighting System Market
- 7.2.3.7.1 Rest of Europe Energy Efficient Warehouse Lighting System Market by Application
- 7.2.3.7.2 Rest of Europe Energy Efficient Warehouse Lighting System Market by Type
- 7.3 Asia Pacific Energy Efficient Warehouse Lighting System Market
- 7.3.1 Asia Pacific Energy Efficient Warehouse Lighting System Market by Application
- 7.3.1.1 Asia Pacific Industrial Market by Country
- 7.3.1.2 Asia Pacific Commercial Market by Country
- 7.3.1.3 Asia Pacific Other Application Market by Country
- 7.3.2 Asia Pacific Energy Efficient Warehouse Lighting System Market by Type
- 7.3.2.1 Asia Pacific Light Emitting Diodes (LED) Market by Country
- 7.3.2.2 Asia Pacific Linear Fluorescent Lamps (LFL) Market by Country
- 7.3.2.3 Asia Pacific High-Intensity Discharge Lamps (HID) Market by Country
- 7.3.2.4 Asia Pacific Other Type Market by Country
- 7.3.3 Asia Pacific Energy Efficient Warehouse Lighting System Market by Country
- 7.3.3.1 China Energy Efficient Warehouse Lighting System Market
- 7.3.3.1.1 China Energy Efficient Warehouse Lighting System Market by Application
- 7.3.3.1.2 China Energy Efficient Warehouse Lighting System Market by Type
- 7.3.3.2 Japan Energy Efficient Warehouse Lighting System Market
- 7.3.3.2.1 Japan Energy Efficient Warehouse Lighting System Market by Application
- 7.3.3.2.2 Japan Energy Efficient Warehouse Lighting System Market by Type
- 7.3.3.3 India Energy Efficient Warehouse Lighting System Market
- 7.3.3.3.1 India Energy Efficient Warehouse Lighting System Market by Application
- 7.3.3.3.2 India Energy Efficient Warehouse Lighting System Market by Type
- 7.3.3.4 South Korea Energy Efficient Warehouse Lighting System Market
- 7.3.3.4.1 South Korea Energy Efficient Warehouse Lighting System Market by Application
- 7.3.3.4.2 South Korea Energy Efficient Warehouse Lighting System Market by Type
- 7.3.3.5 Singapore Energy Efficient Warehouse Lighting System Market
- 7.3.3.5.1 Singapore Energy Efficient Warehouse Lighting System Market by Application
- 7.3.3.5.2 Singapore Energy Efficient Warehouse Lighting System Market by Type
- 7.3.3.6 Malaysia Energy Efficient Warehouse Lighting System Market
- 7.3.3.6.1 Malaysia Energy Efficient Warehouse Lighting System Market by Application
- 7.3.3.6.2 Malaysia Energy Efficient Warehouse Lighting System Market by Type
- 7.3.3.7 Rest of Asia Pacific Energy Efficient Warehouse Lighting System Market
- 7.3.3.7.1 Rest of Asia Pacific Energy Efficient Warehouse Lighting System Market by Application
- 7.3.3.7.2 Rest of Asia Pacific Energy Efficient Warehouse Lighting System Market by Type
- 7.4 LAMEA Energy Efficient Warehouse Lighting System Market
- 7.4.1 LAMEA Energy Efficient Warehouse Lighting System Market by Application
- 7.4.1.1 LAMEA Industrial Market by Country
- 7.4.1.2 LAMEA Commercial Market by Country
- 7.4.1.3 LAMEA Other Application Market by Country
- 7.4.2 LAMEA Energy Efficient Warehouse Lighting System Market by Type
- 7.4.2.1 LAMEA Light Emitting Diodes (LED) Market by Country
- 7.4.2.2 LAMEA Linear Fluorescent Lamps (LFL) Market by Country
- 7.4.2.3 LAMEA High-Intensity Discharge Lamps (HID) Market by Country
- 7.4.2.4 LAMEA Other Type Market by Country
- 7.4.3 LAMEA Energy Efficient Warehouse Lighting System Market by Country
- 7.4.3.1 Brazil Energy Efficient Warehouse Lighting System Market
- 7.4.3.1.1 Brazil Energy Efficient Warehouse Lighting System Market by Application
- 7.4.3.1.2 Brazil Energy Efficient Warehouse Lighting System Market by Type
- 7.4.3.2 Argentina Energy Efficient Warehouse Lighting System Market
- 7.4.3.2.1 Argentina Energy Efficient Warehouse Lighting System Market by Application
- 7.4.3.2.2 Argentina Energy Efficient Warehouse Lighting System Market by Type
- 7.4.3.3 UAE Energy Efficient Warehouse Lighting System Market
- 7.4.3.3.1 UAE Energy Efficient Warehouse Lighting System Market by Application
- 7.4.3.3.2 UAE Energy Efficient Warehouse Lighting System Market by Type
- 7.4.3.4 Saudi Arabia Energy Efficient Warehouse Lighting System Market
- 7.4.3.4.1 Saudi Arabia Energy Efficient Warehouse Lighting System Market by Application
- 7.4.3.4.2 Saudi Arabia Energy Efficient Warehouse Lighting System Market by Type
- 7.4.3.5 South Africa Energy Efficient Warehouse Lighting System Market
- 7.4.3.5.1 South Africa Energy Efficient Warehouse Lighting System Market by Application
- 7.4.3.5.2 South Africa Energy Efficient Warehouse Lighting System Market by Type
- 7.4.3.6 Nigeria Energy Efficient Warehouse Lighting System Market
- 7.4.3.6.1 Nigeria Energy Efficient Warehouse Lighting System Market by Application
- 7.4.3.6.2 Nigeria Energy Efficient Warehouse Lighting System Market by Type
- 7.4.3.7 Rest of LAMEA Energy Efficient Warehouse Lighting System Market
- 7.4.3.7.1 Rest of LAMEA Energy Efficient Warehouse Lighting System Market by Application
- 7.4.3.7.2 Rest of LAMEA Energy Efficient Warehouse Lighting System Market by Type
Chapter 8. Company Profiles
- 8.1 ams-OSRAM AG
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.1.4 Research & Development Expenses
- 8.1.5 SWOT Analysis
- 8.2 Nichia Corporation
- 8.2.1 Company Overview
- 8.2.2 SWOT Analysis
- 8.3 Acuity Brands, Inc.
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental and Regional Analysis
- 8.3.4 Research & Development Expenses
- 8.3.5 SWOT Analysis
- 8.4 Signify N.V.
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Segmental and Regional Analysis
- 8.4.4 Research & Development Expense
- 8.4.5 SWOT Analysis
- 8.5 Koninklijke Philips N.V.
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Segmental and Regional Analysis
- 8.5.4 Research & Development Expense
- 8.5.5 SWOT Analysis
- 8.6 Schneider Electric SE
- 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 SWOT Analysis
- 8.7 Legrand S.A. (Legrand Group)
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Regional Analysis
- 8.7.4 Research & Development Expense
- 8.7.5 SWOT Analysis
- 8.8 Honeywell International, Inc.
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Segmental and Regional Analysis
- 8.8.4 Research & Development Expenses
- 8.8.5 SWOT Analysis
- 8.9 Cree Lighting (Ideal Industries, Inc.)
- 8.9.1 Company Overview
- 8.9.2 SWOT Analysis
- 8.10. Eaton Corporation PLC
- 8.10.1 Company Overview
- 8.10.2 Financial Analysis
- 8.10.3 Segmental and Regional Analysis
- 8.10.4 Research & Development Expense
- 8.10.5 SWOT Analysis
Chapter 9. Winning Imperatives of Energy Efficient Warehouse Lighting System Market