What is High Bay Lighting?
High Bay Lighting is referred to the ceiling lighting intended to be deployed at the ranges of 20-40 feet from the ground or floor. This lights come in varied voltages ranging from 120 V to 480V and above. High Bay Lighting comprises mostly of LED Technology enabled lights, which save up on energy and emit better performance. This makes the high bay lighting an ideal choice for applications in industrial ecosystem such as warehouses, garages, factories, and even in other bigger facilities such as sports facilities. Rapid Industrialisation and Urbanisation has led to the growth of the high bay lighting market. Asia Pacific is expected to emerge as the biggest market of the high bay lighting.
The market study is broken down by Type (120-277V, 277-350V, 347-480V and Others), by Application (Sport Facilities, Warehouses, Garages, Transportation Lightings and Others) and major geographies with country level break-up.
Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Nichia Corporation (Japan), Koninklijke Philips N.V. (Netherlands), Wipro Enterprises (India), Digital Lumens, Inc. (United States), Acuity Brands, Inc. (United States), Jiao Guang Group (China), Eaton Corporation (Ireland), AGC Lighting Co., Ltd. (China), Lin'an Hengdeli Lighting Electric Co., Ltd. (China) and Zumtobel Group (Austria) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Osram Licht AG (Germany), Ningbo Dongxing Electric Co., Ltd. (China) and Gaman Lighting Technology Co. Ltd. (China).
AdvanceMarketAnalytics has segmented the market of Global High Bay Lighting market by Type, Application and Region.
On the basis of geography, the market of High Bay Lighting has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Direct will boost the High Bay Lighting market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2021, Linmore LED Labs Inc., a United States based ultra-performance LED lighting solutions provider has announced acquisition of Flex Lighting Solutions operating assets, products, and intellectual property related to the High Performance Industrial Lighting business. The acquisition will expand the high performance lighting product portfolio of the Linmore along with increasing its customer base.
In 2019, Dialight Plc, a British Electronics manufacturer specialising in LED has announced launch of its new Reliant industrial LED High Bay range. The new set of products will be launched in the APAC, Europe and Africa regions. The newly launched product allows advanced plug and play features and poses an ideal replacement for old HID and fluorescent fixtures.
- 277-350V Accounts for Significant Market Share
- Advancement in LED Technology
- Rapid Industrialisation and Urbanisation has led to the Growth in Demand for High Bay Lighting
- Asia Pacific and Africa Region Presents Highest Opportunities due to Emergence of Large Number of Industrial Facilities
- Emergence of New Industry Disruptive Lighting Technology
- Presence of Large Number of Players in the Market
Key Target AudienceHigh Bay Lighting Manufacturers, Suppliers and Distributors, Component Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms and End-Use Industries
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as Nichia Corporation (Japan), Koninklijke Philips N.V. (Netherlands), Wipro Enterprises (India), Digital Lumens, Inc. (United States), Acuity Brands, Inc. (United States), Jiao Guang Group (China), Eaton Corporation (Ireland), AGC Lighting Co., Ltd. (China), Lin'an Hengdeli Lighting Electric Co., Ltd. (China) and Zumtobel Group (Austria) etc.
2. Can we have customized study for High Bay Lighting Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of High Bay Lighting Market by 2026?
Analysts at AMA estimates High Bay Lighting Market to reach USD Million by 2026.