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Impact of COVID-19 on Global Commercial Lighting Market

According to a new market research report published by Global Market Estimates, the Commercial Lighting Market is grasped to analyze the prevailing augmentation of CAGR 22.2% during the forecast period (2020-2026). Commercial lighting is a process for lighting commercial spaces such as offices, hospitals, government offices, supermarkets, and others. During the COVID-19, many industries had to shut down industries and warehouses to accept the new normal life and the lockdown guidelines, which caused people to either WFH or lose jobs. This development also influenced the commercial lighting market, yet unhindered due to the working of various verticals across continents such as BFSI, healthcare, and retail & e-commerce intended to serve towards people's requirements. Few of the drivers assisting the mount are expansion in commercial spaces, the introduction of LED technology, energy-efficient solutions, smart cities & smart lighting, initiatives and awareness towards energy conservations, and depletion of non-renewable energy resources.

Browse 184 Market Data Tables and 129 Figures spread through 175 Pages on "Commercial Lighting Market - Forecasts to 2026" https://www.globalmarketestimates.com/market-report/commercial-lighting-market-2340

By Type of Offering (Hardware, Software, and Services), By Type of Installation (New Installations and Retrofit Installation), By Type of Communication Technology (Wired and Wireless), By Type of End-Use Application (Indoor and Outdoor), By Type of Region (NA [North America], Europe, APAC [Asia Pacific], MEA [the Middle East & Africa], and CSA [Central & South America]), End-User Landscape, Vendor Landscape, Company Market Share Analysis & Competitor Analysis

Key Market Insights:
• The commercial lighting market is grasped to analyze the prevailing augmentation of CAGR 22.2% during the forecast period (2020-2026).
• The wired communication technology segment will guage to overwhelm the market from 2020 to 2026.
• The indoor application is expected to ascend at a huge ascent in CAGR% in the commercial lighting market.
• Amongst all the areas over the globe, APAC is relied upon to have the most elevated development over the coming years.

The principal competitors in the global commercial lighting market are Signify N.V., Legrand S.A., Acuity Brands Inc., GE Current, OSRAM Licht A.G., Leviton Manufacturing Company Inc., Lutron Electronics Company, Hubbell Inc., LEDVANCE GmbH, Schneider Electric S.E., Ideal Industries Inc., The Zumtobel Group and other companies.

Browse the Commercial Lighting Market Report @ https://www.globalmarketestimates.com/market-report/commercial-lighting-market-2340

Type of Offering Outlook (Revenue, USD Million, 2020 - 2026)
• Hardware
• Software
• Services

Type of Installation Outlook (Revenue, USD Million, 2020 - 2026)
• New Installations
• Retrofit Installation

Type of Communication Technology Outlook (Revenue, USD Million, 2020 - 2026)
• Wired
• Wireless

Type of End-Use Application Outlook (Revenue, USD Million, 2020 - 2026)
• Indoor
• Outdoor

Regional Outlook (Revenue, USD Million, 2020 - 2026)
• North America
• The U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
• Central & South America
• Brazil
• Argentina
• Chile
• Rest of CSA
• Middle East & Africa
• Saudi Arabia
• South Africa
• UAE
• Rest of MEA

Contact: Yash Jain
Email address: sales@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com/
Check our Latest Blogs: https://www.globalmarketestimates.com/blog-posts.php

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Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.

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