RESEARCH: Commercial Lighting Market to Reach $56 Billion by 2030

Research and Markets has published a new analysis, Commercial Lighting Market……Forecast 2025-2030. The 187-page document covers key factors driving the growth of the commercial lighting market sector (including fixtures for hospitality, retail, workspaces, and more applications), which reached over $17 billion in 2024 and is expected to grow at a CAGR of more than 20% in the coming years. The analysis forecasts that the market will reach over $56 billion by 2030 due to increased sustainability efforts, including a focus on human-centric adaptive lighting, adoption of smart lighting and retrofitting infrastructure, as well as the acceleration of urbanization. The analysis provides information on market restraints, such as the maintenance of fixtures, as well as market opportunities, such as solar lighting solutions, in addition to the PESTLE (political, economic, social, technological, legal and environmental) factors that influence market data. To find the full report, visit Commercial Lighting Market by Offering, Installation Type, Communication Technology, End-use Application, End-User – Global Forecast 2025-2030