Lighting Fixtures Market Driven by Booming Construction Industry and Rising Disposable Income Across the World Especially in Emerging Economies.
United States, European Union and China Lighting Fixtures Market Research Report 2018-2025
Pune, India -- (SBWire) -- 10/31/2018 --This study researches the market size of Lighting Fixtures in United States, European Union and China, presents the Lighting Fixtures production, consumption, value, product price, market share and growth rate by companies, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2013 to 2018.
A light fixture, light fitting, or luminaire is an electrical device that contains an electric lamp that provides illumination. All light fixtures have a fixture body and one or more lamps. The lamps may be in sockets for easy replacement—or, in the case of some LED fixtures, hard-wired in place.
A significant number of industries are currently in a transitory phase towards improving power consumption to work performed ratios. One of the core methods to reduce power consumption is through the implementation of modern and efficient lighting fixtures. As a result, industries switching over from incandescent and fluorescent lighting to modern LED lighting offer the biggest driver to lighting fixture producers.
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Additional drivers include the booming construction industry and the overall increase in population and disposable income across the world and especially in emerging economies. There is, however, a high initial investment required for new entrants to the lighting fixture production business. At the same time, the multiple number of members involved in making an end-user purchase decision add to the complexity of the buying process, thereby restraint the growth rate of lighting fixture players to a certain extent.
In 2018, the market size of Lighting Fixtures is 16300 million US$ and it will reach 26300 million US in 2025, growing at a CAGR of 6.1% from 2018; while in China, the market size is valued at xx million US$ and will increase to xx million US in 2025, with a CAGR of xx% during forecast period.
In this report, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Lighting Fixtures.
In United States, European Union and China market, the following companies are covered:
Acuity Brands, Inc.
Cooper Lighting, LLC
General Electric Company
Hubbell Lighting, Inc.
Juno Lighting Group
Koninklijke Philips N.V.
LSI Industries Inc.
OSRAM Licht AG
Panasonic Corporation Eco Solution Company
Zumtobel Lighting GmbH
Market Segment by Product Type
Ceiling, Pendant and Chandelier Lighting Fixtures
Wall Mounted Market Lighting Fixtures
Recessed Market Lighting Fixtures
Portable Market Lighting Fixtures
High Bay and Low Bay Lighting Fixtures
Others (Automotive, Aerospace and Machinery) Lighting Fixtures
Market Segment by Application
Industrial and Commercial
Residential
Outdoor
Architectural
Others (Automotive, Aerospace and Machinery)
Key Regions split in this report:
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
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The study objectives are:
To analyze and research the Lighting Fixtures status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Lighting Fixtures manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Lighting Fixtures are as follows:
History Year: 2013-2018
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
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