Press release
Global Recessed Lighting Market - Growing Demand for Worldwide Construction & Faster Industrialization to Stimulate the Demand
Study Objectives of Global Recessed Lighting Market To provide detailed analysis of the market structure along with forecast for the next 10 years of various segments and sub-segments of the Global Recessed Lighting Market
To provide insights about factors affecting the market growth
To Analyze the Global Recessed Lighting Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, APAC, and Rest of the World (ROW)
To provide country level analysis of the market with respect to the current market size and future prospective
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Market Scenario
The global recessed lighting market is driven by the growing construction sector along with increased aesthetic and engineering advantages. The expanding real-estate market augments the market for recessed lightings which are used widely in hotels, residences, offices and showrooms. Furthermore available variety, colors and flexibility of fitting making it interior friendly and this drives the market of recessed lighting. The global recessed lighting market is expected to growth in the next five years.
Segments
Global Recessed Lighting market is segmented on the basis of Components, Frame Types, Application and Region. On the basis of Components it is segmented as Trim, Housing and, Bulb. On the basis of Frame Types it is segmented as Aluminum, Steel, Plastic and Others. On the basis of Application it is segmented as Commercial, Residential, and others. Additionally on the basis of Region, it is segmented as North America, Europe, APAC and Rest of the World.
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Regional Analysis of Global Recessed Lighting Market
APAC dominates the global recessed lighting market with its fast growing market worldwide. It will expand at a CAGR over the forecast period. The region is expected to show rapid economic and infrastructural growth. With lot of investments in the regions of China and India, the construction sector is growing. The inflow of foreign investment in India further augments the market for Recessed Lighting.
Key Players
Osram GmbH
Elegant Lighting Inc
Philips Lighting Holding B.V.
Halo Commercial
Cree Inc.
Globe Electric
Acuity Brands Lighting Inc.
General Electric Company
Eterna Lighting Ltd.
Herbert Waldmann GmbH & Co. KG,
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