Lewes, DE -- (SBWIRE) -- 09/15/2015 -- Report forecast the general lighting market in BRIC countries will grow at a CAGR of 12.45% over the period 2014-2019.

The general lighting market forms the biggest sector of the lighting industry, followed by automotive lighting and backlighting. The general lighting market includes lighting applications for residential, commercial, industrial, architectural, and outdoor purposes. The commercial and residential segments are the major drivers for general lighting market in the BRIC nations.

The general lighting comes in two types: traditional and LED. The traditional lightings are categorized into LFLs, CFLs, and others that include incandescent bulbs, halogens, and HIDs. The traditional lighting market will see a decline in the sales because of the rising popularity of LED technology.

This report covers the present scenario and growth prospects of the general lighting market in BRIC countries during 2015-2019. The report covers the residential segment, commercial segment, industrial segment, architecture segment, and outdoor segment lighting products. The report covers the technology landscape of the general lighting industry. It also presents an overview of countries, stating significant facts and information influencing the growth of the market in BRIC countries.

The report also categorizes the market on the following basis:
- By application: residential segment, commercial segment, industrial segment, architectural segment, and outdoor
- By technology: LED and traditional lighting that includes CFL, LFL, and others (halogen, HID, and incandescent lighting)
- By form: luminaire and replacement

According to the report, the adoption of LED lighting is increasing in BRIC countries due to the launch of new programs and provision of subsidies for lighting manufacturers. China has the largest LED industry in the world. The high concentration is due to the tax benefits and subsidies offered by the government.

Key players in the General Lighting Market in BRIC Countries: Dongguan Kingsun Optoelectronic, General Electric, Koninklijke Philips, NVC Lighting Technology and OSRAM

Other Prominent Vendors in the market are: Cree and Nichia

Key market driver
- Increase in urbanization
- For a full, detailed list, view our report

Key market challenge
- Higher import duties
- For a full, detailed list, view our report

Key market trend
- High demand for architectural lighting fixtures
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- How is the general lighting market segmented on the basis of application, technology and form?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?

Spanning over 104 pages "General Lighting Market in BRIC Countries 2015-2019" report covers Executive Summary, Scope of the Report, Market Research Methodology, Introduction, Industry overview, Technology landscape, Market landscape, Market segmentation by application, Market segmentation by technology, Market segmentation by formm Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Key vendor analysis, Appendix.

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/general-lighting-market-bric-countries-2015-2019

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