The global commercial lighting market size was estimated at USD 47.54 billion in 2024 and is projected to reach USD 92.14 billion by 2033, growing at a CAGR of 7.8% from 2025 to 2033. The market’s expansion is primarily driven by the increasing adoption of green building certifications such as LEED, BREEAM, and WELL, which encourage energy-efficient and sustainable lighting solutions in commercial infrastructure projects.

Rapid urbanization and large-scale infrastructure development are further fueling the demand for commercial lighting worldwide. The growth of commercial real estate, including new office complexes, shopping malls, hotels, airports, and metro stations, directly translates into higher demand for a variety of lighting applications such as ambient lighting, architectural facade illumination, task-specific lighting, and emergency lighting systems. Emerging economies in Asia, the Middle East, and parts of Africa are experiencing significant construction growth, with developers emphasizing modern lighting solutions that meet both aesthetic and functional requirements while adhering to regulatory standards. Simultaneously, renovation and modernization projects in mature markets like North America and Europe are driving retrofitting initiatives, replacing outdated lighting systems with smarter, energy-efficient, and environmentally friendly alternatives.

Another key driver of market growth is the increasing focus on workplace wellness and human-centric lighting solutions. Research has demonstrated that lighting has a significant impact on employee productivity, mood, and overall well-being. As organizations seek to create healthier and more comfortable work environments, there is growing adoption of tunable lighting systems that replicate natural daylight cycles, helping to regulate circadian rhythms, reduce eye strain, and improve overall comfort. Such systems are especially valued in commercial offices and healthcare facilities where employees and patients spend extended periods under artificial lighting. This heightened awareness of lighting’s influence on human behavior, health, and performance is reshaping the design, deployment, and selection of lighting systems across commercial sectors.

Key Market Trends & Insights:

• The Asia Pacific region held a 39.6% revenue share of the global commercial lighting market in 2024. This dominant position is largely driven by rapid urbanization, robust infrastructure development, and increasing adoption of energy-efficient lighting solutions across commercial sectors in the region. Countries such as China, India, and Japan are witnessing strong demand for modern commercial lighting due to growing construction activities and the implementation of green building standards.

• The commercial lighting industry in India is projected to experience significant growth during the forecast period. Factors such as rising investments in commercial real estate, expansion of office complexes, shopping malls, airports, and hospitality infrastructure, as well as government initiatives promoting energy-efficient lighting, are expected to drive market expansion in the country.

• By product type, the LED lighting segment held the largest revenue share of 58.1% in 2024. The widespread adoption of LED lighting is driven by its energy efficiency, long lifespan, low maintenance requirements, and ability to provide versatile lighting solutions suitable for ambient, task, and decorative applications. LEDs are increasingly preferred in commercial settings due to their cost-effectiveness and alignment with sustainability goals.

• By installation type, the new installations segment held the largest revenue share in 2024. This trend reflects ongoing construction activities and the demand for incorporating advanced lighting systems into newly developed commercial buildings, airports, hotels, and retail spaces, ensuring energy efficiency and compliance with modern building standards from the outset.

• By distribution channel, the offline segment held the largest revenue share in 2024. Traditional offline channels, including direct sales, specialty lighting stores, and authorized distributors, continue to dominate due to the preference of commercial buyers for hands-on product evaluation, personalized support, and professional installation services offered through these channels.

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Market Size & Forecast:

• 2024 Market Size: USD 47.54 Billion

• 2033 Projected Market Size: USD 92.14 Billion

• CAGR (2025-2033): 7.8%

• Asia Pacific: Largest market in 2024       

Key Companies & Market Share Insights:

Some of the key companies operating in the commercial lighting market include Signify Holding and Lithonia Lighting, among others, which are recognized as leading participants driving innovation and market growth in the industry.

• Signify Holding is a multinational company specializing in a wide range of lighting products, systems, and services, with a strong global presence. The company offers an extensive commercial lighting portfolio that includes conventional lighting, LED lighting, and connected lighting systems. Its LED-based product lines form the core of its commercial strategy, delivering high-lumen output, energy efficiency, and long product lifespans. These lighting solutions are utilized in a variety of indoor environments, such as corporate offices and educational institutions, as well as outdoor applications including parking lots, architectural façades, and public lighting projects, highlighting Signify’s versatility in addressing diverse commercial lighting needs.

• Lithonia Lighting, a brand under Acuity Brands Inc., is a significant player in the commercial lighting segment. Lithonia provides a broad and diverse product portfolio designed to meet nearly every commercial application, ranging from interior office spaces and retail environments to warehouses, educational institutions, and healthcare facilities. The company specializes in LED lighting technologies that combine energy efficiency with extended operational lifespans, making them particularly suitable for commercial clients seeking reduced maintenance requirements and lower operating costs over time.

Emerging participants in the market include Amerlux, LLC and Kichler Lighting LLC, which are gaining traction with innovative solutions tailored to specific commercial applications.

• Amerlux, LLC, a U.S.-based commercial lighting manufacturer, focuses on architectural-grade, energy-efficient lighting solutions for commercial, retail, and urban infrastructure markets. Its signature product lines, including the Linea, Gravitas, and Essenza series, offer extensive configuration options in terms of size, optics, beam angles, finishes, and control compatibility. This flexibility allows lighting designers to achieve precise light distribution and create desired moods in diverse commercial spaces, such as corporate boardrooms, hospitality lounges, and retail showrooms.

• Kichler Lighting LLC is another prominent manufacturer offering a curated range of decorative and architectural-grade lighting fixtures. Its commercial indoor solutions are designed for offices, multi-use buildings, hotels, restaurants, and public spaces. Kichler’s product offerings include pendant lights, wall sconces, linear suspensions, flush mounts, chandeliers, and ceiling fans with integrated lighting. These products are engineered to combine aesthetic appeal with durability, providing commercial clients with long-lasting and visually attractive lighting solutions suitable for both functional and decorative purposes.

Key Players

• Alcon Lighting

• Amerlux, LLC

• Axis Lighting

• FES Lighting

• Intense Lighting

• Kichler Lighting LLC

• Litetronics

• Lithonia Lighting

• Pro Lighting Group Inc.

• RAB Lighting

• SAL Commercial

• Signify Holding

• TCP Lighting

• VONN Lighting

• WAC Lighting

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Conclusion:

The Grand View Research report concludes that the global commercial lighting market is poised for steady growth driven by increasing urbanization, infrastructure development, and widespread adoption of energy efficient and smart lighting solutions. Market expansion is supported by growing demand for modern commercial spaces, rising preference for LED lighting, and a strong emphasis on sustainability and green building standards. Additionally, renovation and retrofitting activities in established markets, along with evolving workplace wellness trends and advanced lighting technologies, are further propelling the commercial lighting industry forward.