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Cleanroom Lighting Market worth $1.1 billion by 2029 - Exclusive Report by MarketsandMarkets™

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MarketsandMarkets

Feb 01, 2024, 10:01 ET

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CHICAGO, Feb. 1, 2024 /PRNewswire/ -- The Cleanroom Lighting market is projected to reach USD 1.1 billion by 2029 from USD 0.9 billion in 2024; it is expected to grow at a CAGR of 5.4% from 2024 to 2029 according to a new report by MarketsandMarkets™. Increasing demand for sterile environments for pharmaceutical manufacturing, technological advancements in cleanroom lighting technology, worldwide government support towards building cleanrooms for industries such as semiconductors fabrication and pharmaceuticals and heightened focus on sustainability and green practices across industries underscores the importance of energy-efficient and environmentally friendly lighting solutions to create growth opportunities in this market.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=213070777

Browse in-depth TOC on "Cleanroom Lighting Market" 

110 – Tables
60 – Figures
230 – Pages

Cleanroom Lighting Market Report Scope:

Report Coverage

Details

Market Revenue in 2024

$ 0.9 billion

Estimated Value by 2029

$ 1.1 billion

Growth Rate

Poised to grow at a CAGR of 5.4%

Market Size Available for

2020–2029

Forecast Period

2024–2029

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Light Source, Mounting Type, End User, Offering and Region

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

Maintenance and cleaning challenges

Key Market Opportunities

Increasing adoption of sensors and automation in cleanroom lighting

Key Market Drivers

Advancements in cleanroom lighting technology

The Recessed Mounted segment is expected to hold the largest market share of the cleanroom lighting market during the forecast period.

In 2023, the recessed mounted segment held the largest market share, and this pattern is expected to persist in the forecast period. Recessed mounted cleanroom lighting offers a discreet and hygienic solution for controlled environments, minimizing contamination risk and maximizing aesthetics. The aesthetic appeal, lighting uniformity, and adaptability of recessed fixtures make them a preferred choice in industries such as pharmaceuticals, biotechnology, and electronics manufacturing. Recessed installation avoids obstructing air circulation patterns, crucial for maintaining proper temperature and pressure within the cleanroom.

The LED light source segment is expected to hold the largest market share of the cleanroom lighting market during the forecast period.

The use of LED light sources in the cleanroom lighting market is driven by booming demand for cleanrooms in sectors like pharmaceuticals and semiconductors, and aided by stricter regulations and constant LED advancements, LEDs are poised to illuminate the future of cleanroom lighting. The global shift towards green and energy-efficient practices, coupled with the continuous refinement of LED technology, positions the LED segment at the forefront of growth within the cleanroom lighting market.

The Hardware segment is expected to hold the largest market share of the cleanroom lighting market during the forecast period.

The scope for growth in the hardware segment lies in continuous innovation and development to address the unique challenges posed by cleanroom environments. Manufacturers are focusing on creating hardware solutions that not only comply with cleanliness standards but also enhance durability, reliability, and adaptability to diverse cleanroom specifications.

The Healthcare & Life Sciences segment is expected to hold the largest market share of the cleanroom lighting market during the forecast period.

The healthcare sector holds significant potential for growth in the cleanroom lighting market due to the increasing importance of controlled environments in medical facilities and pharmaceutical manufacturing. Cleanroom environments are essential in healthcare settings to maintain sterility, prevent contamination, and ensure the quality and safety of medical products. Stringent regulations and standards for cleanliness in healthcare facilities, laboratories, and pharmaceutical manufacturing plants drive the need for lighting fixtures that meet these requirements.

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=213070777

The Asia Pacific region is expected to grow at the fastest rate during the forecast period.

During the forecast period, the Asia Pacific region is poised to experience the most significant growth in the cleanroom lighting industry. This region presents a compelling scope for growth in the cleanroom lighting market, fueled by rapid industrialization, technological advancements, and increasing emphasis on cleanroom standards across diverse sectors. The expansion of healthcare and life sciences industries in the region further drives the need for cleanroom environments, boosting the demand for advanced lighting technologies. Governments and regulatory bodies in Asia are increasingly recognizing the importance of maintaining high cleanliness standards in manufacturing and healthcare, influencing the adoption of cleanroom lighting solutions.

Key Players of Cleanroom Lighting Market:

Signify Holding (Netherlands), Wipro Lighting (India), Crompton Greaves Consumer Electricals Limited (India), Acuity Brands, Inc. (US), Kenall Manufacturing (US), Terra Universal Inc. (US), Bukas Lighting Group (US), Solite Europe (England), LUG Light Factory Sp. z o.o. (Poland), Eagle Lighting Australia Pty Ltd (Australia) are the key players in the cleanroom lighting companies.

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=213070777

Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

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Explosion-proof Lighting Market Size, Share, Statistics and Industry Growth Analysis Report by Type (High Bay & Low Bay, Linear, Flood), Light Source (LED, Fluorescent), Safety Rating, Hazardous Location, End-user Industry, and Region (2021-2026)

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About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra

MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Visit Our Web Site: https://www.marketsandmarkets.com/
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/cleanroom-lighting-market.asp
Content Source: https://www.marketsandmarkets.com/PressReleases/cleanroom-lighting.asp

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