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Industrial Lighting Market to Grow by USD 2.83 Billion (2025-2029), Driven by Energy-Efficient Lighting Adoption, Report with AI Impact on Trends – Technavio

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NEW YORK, Jan. 26, 2025 /PRNewswire/ — Report on how AI is redefining market landscape – The global industrial lighting market  size is estimated to grow by USD 2.83 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  5.7%  during the forecast period.  Rise in adoption of energy-efficient lighting technologies is driving market growth, with a trend towards ongoing advancements in lighting technologies in industrial sector. However, high initial cost for industrial lighting solutions  poses a challenge. Key market players include Acuity Brands Inc., ams OSRAM AG, Bajaj Electricals Ltd., Dialight PLC, Eaton Corp plc, Emerson Electric Co., General Electric Co., Glamox AS, Hubbell Inc., Iwasaki Electric Co. Ltd., Legrand SA, Mulinsen Co. Ltd., Panasonic Holdings Corp., RAB Lighting Inc., Signify NV, TRILUX GmbH and Co. KG, Wipro Ltd., Wolfspeed Inc., and Zumtobel Group AG.

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Forecast period

2025-2029

Base Year

2024

Historic Data

2019 – 2023

Segment Covered

Type (LED technology and Traditional technology), Application (New installation, Replacement installation, and Retrofit installation), Geography (APAC, Europe, North America, South America, and Middle East and Africa), Offering, and Product

Region Covered

APAC, Europe, North America, South America, and Middle East and Africa

Key companies profiled

Acuity Brands Inc., ams OSRAM AG, Bajaj Electricals Ltd., Dialight PLC, Eaton Corp plc, Emerson Electric Co., General Electric Co., Glamox AS, Hubbell Inc., Iwasaki Electric Co. Ltd., Legrand SA, Mulinsen Co. Ltd., Panasonic Holdings Corp., RAB Lighting Inc., Signify NV, TRILUX GmbH and Co. KG, Wipro Ltd., Wolfspeed Inc., and Zumtobel Group AG

Key Market Trends Fueling Growth

The Industrial Lighting Market is witnessing significant trends with the increasing adoption of energy-efficient lighting solutions. LED Light Source, such as LED modules and connected lighting solutions, are gaining popularity due to their low energy consumption and long lifespan. Dialight Group and Signify are key players offering various LED and traditional lighting solutions like Linear Fluorescent Lamps (LFL), Metal Halide Lamps (MHL), Incandescent Bulbs, and Halogen Light Bulbs. Public organizations are modernizing infrastructure with energy-efficient LED technology, replacing older HIDs and CFLs. Natural gas and electricity prices influence energy consumption, with LNG emerging as a potential alternative. LEDinside reports the penetration of LEDs in industrial lighting reaching 50%. Logistics and e-commerce market growth also impact lighting innovations. The DOE and ONS encourage SSL adoption through incentives and regulations. Urbanization and infrastructure development further boost the market. 

The industrial lighting market is undergoing significant transformation due to technological advancements. Innovative solutions like smart lighting systems and connected lighting controls are leading this change. These systems offer integrated sensors, wireless connectivity, and data-driven algorithms to optimize energy usage and improve operational efficiency. For instance, a smart lighting system in a warehouse can adjust illumination levels based on real-time occupancy data, saving energy and maintaining adequate lighting for tasks. These advancements are revolutionizing industrial lighting, providing enhanced capabilities and adaptive functionalities for modern industrial settings. 

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Market Challenges

The Industrial Lighting Market is experiencing significant changes due to the shift towards energy-efficient lighting solutions. Traditional light sources like Incandescent bulbs, Linear fluorescent lamps (LFL), and Metal halide lamps (MHL) are being replaced by LED Lighting. LED Light Source, such as LED modules, offers longer lifespan and low energy consumption. Dialight Group and Signify are leading the way with innovative LED solutions. Public organizations are modernizing infrastructure with energy-efficient alternatives. Challenges include logistics for LEDs and connected lighting solutions, natural gas vs electricity for energy sources, and the penetration of LEDs in various industries. Energy conservation is a key driver, with the DOE promoting SSL (Solid-state Lighting) over HIDs (High-intensity Discharge). The e-commerce market is growing, making LED Lighting more accessible. LED technology continues to advance, with data triangulation from sources like LEDinside. Urbanization and infrastructure development require energy-efficient lighting systems. CFL and LFL are being phased out, while LED and HIDs remain in demand.The industrial lighting market faces a substantial hurdle due to the high initial investment needed for advanced lighting solutions like LED and smart systems. The primary cause of this challenge is the expense of purchasing and installing industrial lighting fixtures and control systems. For instance, the total costs for various fixtures, including installation, are as follows: Ceiling lights (USD75–USD1,200), Chandeliers (USD400–USD6,500), Fluorescent lights (USD75-425), LED strip (USD70–USD400), Light bar (USD350–USD600), Pendant lights (USD70–USD4,800), Recessed lights (USD100–USD500), Track lighting (USD100–USD800), and Wall-mounted lights (USD180–USD950). Although LED lighting is more energy-efficient and long-lasting, its higher upfront cost compared to traditional options like incandescent or fluorescent lighting remains a significant barrier to adoption.

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Segment Overview 

This industrial lighting market report extensively covers market segmentation by

Type 1.1 LED technology1.2 Traditional technologyApplication 2.1 New installation2.2 Replacement installation2.3 Retrofit installationGeography 3.1 APAC3.2 Europe3.3 North America3.4 South America3.5 Middle East and AfricaOfferingProduct

1.1 LED technology-  The global industrial lighting market is experiencing significant growth due to the increasing adoption of LED technology. LED components and LED-based luminaires are becoming the preferred choice for end-users due to their energy-saving characteristics and decreasing costs. The European Commission’s ban on low-voltage halogen lamps and the aftermath of the Fukushima nuclear disaster in Japan are major drivers of this trend. The replacement market segment is expected to dominate the market during the forecast period, as traditional lighting systems get replaced with LED lighting systems. New industrial units in countries like Australia, European countries, and Asia, particularly China and South Korea, will also contribute to the market growth due to a focus on energy efficiency. Additionally, the adoption of smart lighting products is expected to further boost sales in the industrial sector. These factors collectively will fuel the growth of the LED technology segment in the global industrial lighting market.

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Research Analysis

The Industrial Lighting Market is witnessing significant growth due to the increasing adoption of energy-efficient lighting solutions, such as LED light sources. LED modules have become a popular choice due to their long lifespan and low energy consumption, surpassing traditional lighting technologies like Linear fluorescent lamps, Metal halide lamps, and Incandescent bulbs. Public organizations are increasingly investing in energy-efficient lighting to reduce energy consumption and operational costs. Dialight Group’s ProSite LED floodlight is one such offering that provides excellent illumination while consuming minimal energy. Natural gas and electricity prices are driving the demand for energy-efficient solutions, with the ONS reporting a shift towards renewable energy sources. The penetration of LEDs in the industrial lighting market is expected to continue, with Signify leading the way in innovation and technology. Ecodesign regulations are also pushing the industry towards more efficient and sustainable lighting solutions.

Market Research Overview

The Industrial Lighting Market is experiencing significant growth due to the increasing adoption of energy-efficient lighting solutions such as LED Light Source. Traditional lighting technologies like Linear Fluorescent Lamps (LFL), Metal Halide Lamps (MHL), and Incandescent Bulbs are being gradually replaced by LEDs and SSL (Solid-state Lighting) due to their energy efficiency and longer lifespan. Public organizations are leading the way in this modernization process, with infrastructure development and urbanization driving the penetration of LEDs. Energy consumption is a major concern in industrial lighting, and LEDs offer a solution with their low energy consumption. LED modules and connected lighting solutions are becoming increasingly popular, offering better control and flexibility. Logistics and the use of natural gas and electricity as energy sources are also influencing the market. LEDInside reports that LED technology is dominating the industrial lighting market, with data triangulation indicating a steady growth trend. The DOE’s Energy Conservation program and the penetration of LEDs in various industries are contributing to this growth. HIDs (High-intensity Discharge) are still in use but are gradually being phased out due to their high energy consumption and shorter lifespan. The e-commerce market is also playing a role in the industrial lighting market, with online sales of LED Lighting and energy-efficient lighting solutions on the rise. The future of industrial lighting is bright, with ongoing innovations in LED technology and the continued push for energy efficiency.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeLED TechnologyTraditional TechnologyApplicationNew InstallationReplacement InstallationRetrofit InstallationGeographyAPACEuropeNorth AmericaSouth AmericaMiddle East And AfricaOfferingProduct

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Visier Debuts Talent Agents, Closing the Gap Between HR Programs and Business Impact

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New AI agents turn Visier insights and plans into guided action for every manager, fixing the #1 reason HR programs fail: manager follow-through

VANCOUVER, BC, Oct. 21, 2026 /PRNewswire/ — Visier today announced Talent Agents at HR Tech 2026. Built on the Visier Workforce Intelligence Platform, these new AI agents guides every manager to the next right action in their organization’s HR programs in real time, and give talent leaders evidence of what each program actually changed for the business.

Talent management devotes a great deal of money and effort into HR programs every year, and many still can’t show the ROI or outcomes. New Visier research* found:

62% of HR leaders name manager follow-through as the single biggest reason programs fail77% of enterprises run HR programs on spreadsheets or a patchwork of tools, and are three times less likely to measure results while a program is underway.

Visier Talent Agents are built to close these gaps, helping talent management tackle its most critical challenges as organizations plan, grow and retain their talent. They leverage the latest in AI developments to pair best-in-class program frameworks with personalized, in-workflow guidance delivered to whoever needs to act next, and a closed-loop system for continuous learning and improvement based on every program’s goals.

“Good program design has never been enough. What HR has lacked is a GPS for every manager, so the moment someone drifts off track, they’re guided back before the program goes sideways,” said Dave Weisbeck, Chief Strategy Officer at Visier. “That’s what Talent Agents deliver, along with proof of what the program actually changed for the business.” 

“The space between HR program design and the actual business result is exactly where most HR investment gets lost,” said Madeline Laurano, founder of Aptitude Research. “Guidance that activates the manager at the moment they need to act, with proof of what changed afterward, is the piece of talent management that’s been missing and what Visier is solving for.”

Unlike HCM suites that teams would spend a year customizing, or point solutions that only see one piece of the picture, or even an internal-built tool that puts employee data at risk, Visier’s Talent Agents are built to run programs end-to-end and prove impact, not just track activity.

The agents reach every stakeholder in a program at the moment they need to act, not just when someone remembers to ask. They’re built to match how an organization actually operates, and the outcome of every action it recommends feeds back into the AI learning engine, so guidance gets sharper with each cycle. Because guidance runs on Visier’s proprietary Workforce AI rather than routing every follow-up through a person, organizations can scale their programs without being constrained by HRBP headcount.

The agents are built on Visier’s Workforce Intelligence Platform, so every program comes with the context, governance, and security an enterprise expects, backed by over 16 years of experience solving HR’s toughest problems.

Talent Agents are Visier’s answer to what the company calls the “activate” layer of Workforce AI, building on the platform’s existing strength in helping organizations understand their workforce data and plan around it. The offering pairs Visier’s technology with a dedicated implementation team that customizes each program to a customer’s specific processes and goals.

Attending HRTech 2026 in Las Vegas this week? Head over to Visier Booth #5209 to explore Talent Agents, or visit visier.com to learn more. The Visier team will also be at UNLEASH World in Paris (booth #106) and Total Talent Asia (booth #3).

About Visier
Visier Workforce AI is the context foundation for talent management. The Visier Workforce Intelligence Platform turns scattered, sensitive people data into one governed understanding of the entire workforce, so organizations can understand, plan, and activate all of their talent priorities in one place. More than 85,000 of the world’s most complex organizations, including Ford Motor Company, eBay, Experian, and Domino’s Pizza, rely on Visier’s over 16 years of workforce domain expertise, ranked #1 in vendor satisfaction and user experience for three consecutive years by the Sapient Insights HR Systems Survey. Learn more at Visier.com.

*Research from fall 2026, conducted by the Visier, Inc. Research Team surveyed verified senior HR and Talent leaders from 80 organizations with more than 10,000 employees across North America.  

visierpr@walkersands.com

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SOURCE Visier

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HSG Laser Unveils New Flagship Machine at EuroBLECH 2026, Powering Productivity for European Manufacturers

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HANNOVER, Germany, Oct. 21, 2026 /PRNewswire/ — HSG Laser is showcasing its latest laser cutting and intelligent manufacturing solutions at EuroBLECH 2026, held from October 20–23 at the Hannover Exhibition Centre. Under the theme “Powering Productivity with HSG,” HSG is presenting its latest innovations at Booth 15-F42, including the European debut of its new flagship GV, alongside the launch of GFA PRO and AI CutPilot, as well as the European debut of its high-speed laser solutions G3015T and R2 PRO.

Expanding High-Performance Laser Solutions

The new GFA PRO is engineered for large-format metal processing, addressing challenges such as large footprints, low speed, unstable thick-plate performance, and high operating costs. Making their European debut, the G3015T and R2 PRO expand HSG’s high-speed laser lineup for sheet and tube processing, helping manufacturers improve throughput, flexibility, and production efficiency.

“HSG Laser’s European footprint has grown steadily, with more than 2,000 units delivered and a new showroom opening soon this year,” said Shawn Wang, Vice President of HSG Laser. “Our latest launches at EuroBLECH mark another step forward, combining high-performance equipment with intelligent technologies and localized support to deliver greater productivity for European customers.”

Recognized by MM MaschinenMarkt Germany

Built for the European market, HSG Laser earned the “International Spotlight” award from MM MaschinenMarkt Germany’s Chief Editor for its GV and AI CutPilot. The GV combines cutting, beveling, countersinking, and chamfering in one machine to streamline pre-welding workflows and boost efficiency. AI CutPilot is HSG’s industry-first, self-developed AI system that turns laser-cutting expertise into a reusable, scalable machine capability, helping reduce trial work and improve first-pass yield. The award further highlights HSG Laser’s technological strength and growing presence in the European market.

Strengthening Local Operations in Europe

As part of its continued commitment to supporting manufacturers worldwide, HSG Laser is further strengthening its localized operations in Europe. On 10th November, HSG will open its new showroom in Düsseldorf, Germany under the theme “Go Global, Link Local.” The new showroom will bring HSG’s latest machines, technologies, and expertise closer to European customers, creating more opportunities for direct engagement and local support. This expansion further strengthens HSG’s presence in Europe and its ability to provide responsive, customer-focused solutions tailored to local manufacturing needs.

About HSG Laser

Founded in 2006, HSG Laser is a leading global manufacturer of intelligent metal processing equipment, specializing in laser cutting, tube processing, bending, and welding automation systems. With a presence in over 100 countries and regional centers across Europe, North America, Japan, India, and Asia-Pacific, HSG Laser is committed to driving the transformation of manufacturing through innovation, reliability, and artificial intelligence.

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Mérieux NutriSciences Completes Acquisition of Certified Group, Becoming North America’s Leading Food Testing Provider

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CHICAGO, Oct. 21, 2026 /PRNewswire/ — Mérieux NutriSciences, a global leader in food safety, quality, and sustainability, today announced the successful completion of its acquisition of Certified Group.

First announced in August 2026, this strategic transaction unites two complementary leaders in the Testing, Inspection, and Certification (TIC) sector. With approximately $300 million in revenue, Certified Group brings 31 laboratories and over 1,600 talented employees into Mérieux NutriSciences’ global network. The integration also adds a robust roster of more than 170 independent regulatory consultants across the United States and Canada.

With this expanded coast-to-coast footprint, Mérieux NutriSciences is positioned to provide customers with broader service offerings and enhanced regulatory support. The integration deepens the company’s capabilities in key Food & Beverage segments, most notably in animal protein through its Food Safety Net Services (FSNS) network, where Certified Group has built a strong reputation as a bellwether for safety and quality, alongside leading positions in dairy, packaged foods, nuts, and spices.

Customers will also benefit from high-value expertise in cosmetics, OTC products, and dietary supplements through the Certified Laboratories vertical, and reduced-harm nicotine product testing via Labstat International. These core verticals are further bolstered by specialized expert services, including contract research (Lab Plus), regulatory consulting (EAS Consulting Group), and comprehensive certification and audit programs (FSNS Certification and Audit).

“We are thrilled to officially welcome the talented teams from Certified Group to the Mérieux NutriSciences global network,” said Nicolas Cartier, CEO of Mérieux NutriSciences. “By combining our respective strengths, we are vastly expanding the depth and breadth of our capabilities. This milestone allows us to be closer to our customers, meeting their localized, time-sensitive needs with unmatched speed and reliability, while furthering our shared purpose: Better Food. Better Health. Better World.”

“Our priority is to ensure a seamless transition for all customers while delivering immediate, enhanced value,” added Sébastien Moulard, President North America at Mérieux NutriSciences. “Through this nationwide analytical network, customers now have access to a truly comprehensive portfolio of routine testing, specialized analysis, expert regulatory support, and more. We are excited to leverage the best of both worlds to drive innovation and provide practical solutions right where production happens.”

“Certified Group has built a differentiated platform with a strong reputation for quality, scientific excellence and exceptional customer service,” said Deborah Kerr, Managing Director, Warburg Pincus & Executive Chair, Certified Group. “We are proud to have supported Certified Group’s evolution and look forward to seeing the company continue to thrive as part of Mérieux NutriSciences.”

The financing of the acquisition brings new minority shareholders Peugeot Invest and Continental Grain Company (Conti) alongside Mérieux NutriSciences’ long standing shareholders: Institut Mérieux, Sofina, and Dassault Group. This collective support underscores strong market confidence in the company’s strategic vision. Ultimately, the successful integration of Certified Group solidifies Mérieux NutriSciences as the leading provider in North America and a top player in the global food TIC market, further cementing its role as the trusted partner for customers navigating a rapidly evolving landscape.

About Mérieux NutriSciences:

At Mérieux NutriSciences, we leverage 60 years of scientific and entrepreneurial expertise to answer food industry needs. Today’s global challenges transform the way food is produced, marketed and consumed, which is why we know our clients need more than reliable analytical results; they need practical and innovative solutions that will contribute to make food systems safer, healthier and more sustainable. Present worldwide, we are more than 160 accredited laboratories and a team of over 11,600 committed employees. We strongly believe that together, we can create solutions to offer our planet: BETTER FOOD. BETTER HEALTH. BETTER WORLD. na.mxns.com

MERIEUX NUTRISCIENCES
Stephen Nichols (North America)
stephen.nichols@mxns.com 

Marion Bertrand (Global)
media@mxns.com 

Ashton van den Bergh (Global)
media@mxns.com

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