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Lighting Fixtures and Luminaires Market Size & Share - Industry Trend and Forecast 2025
The main objective of this report is to define, describe, and forecast the global “Lighting Fixtures and Luminaires ” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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This report presents the worldwide Lighting Fixtures and Luminaires market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
A light fixture 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.
Due to increase in government spending on smart cities and emergence of smart cities concept together lead to surge in demand for construction of smart building. Therefore increase in need for smart building is anticipated to increase demand for energy saving infrastructure such as LED lighting fixture, which leads to growth of lighting fixture market globally. With rapid changing style, appearances, trend and fashion in lighting industry, consumers with high disposable incomes are switching and replacing lighting products to adopt newly launch lighting product, which leads to unnecessary dumping of working lighting products, owing to which the concept of refurbished lighting fixture market is trending currently.
With rising benefits of LED lighting, old metal halide fixture are being replaced by LED lighting fixture to attain better lighting effects, cost saving amount and to promote energy saving products. Replacing old technology with new technology is a key trend adopted by indoor and outdoor lighting fixture that fuels the growth of the global lighting fixture market. Another growing trend in the LED lighting space is the concept of smart lighting. An increasing number of enterprises are adopting smart lighting solutions.
The Lighting Fixtures and Luminaires market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Lighting Fixtures and Luminaires.
The following manufacturers are covered in this report:
Philips
General Electric
Acuity Brands Lighting
Advanced Lighting Technologies
Bajaj Electricals
OSRAM
Panasonic
TOSHIBA
Eaton
Thorn
Cree, Inc
3M
Zumtobel Group AG
TargettiSankeyS.p.A.
SIMKAR Corporation
Valmount Composite Structures, Inc.
TaschibraBrasil
Strand Lighting
KALCO Lighting, Inc
Opple Lighting
FW Thorpe Plc
Grote Industries, Inc
HELLA KGaAHueck& Co
Architectural Area Lighting, Inc
Venture Lighting International, Inc
LSI Industries, Inc
NVC (Huizhou) Lighting Technology Corporation
Evolution Lighting, LLC
Spaulding Lighting, Inc
Prescolite, Inc
Lighting Fixtures and Luminaires Breakdown Data by Type
LED
CFL
Incandescent
Others
Lighting Fixtures and Luminaires Breakdown Data by Application
Residential
Commercial
Others
Lighting Fixtures and Luminaires Production by Region
United States
Europe
China
Japan
Other Regions
Other Regions
Lighting Fixtures and Luminaires Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
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The study objectives are:
To analyze and research the global Lighting Fixtures and Luminaires status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Lighting Fixtures and Luminaires manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers 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 and Luminaires :
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018-2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Lighting Fixtures and Luminaires market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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