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Lighting Fixtures Market to exceed 23400 million US$ in 2023 from 16300 million US$ in 2017.

10-01-2018 11:46 AM CET | Industry, Real Estate & Construction

Press release from: Reports Monitor

Lighting Fixtures Market

Lighting Fixtures Market

Lighting Fixtures Market

Summary

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.

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The worldwide market for Lighting Fixtures is expected to grow at a CAGR of roughly 6.2% over the next five years, will reach 23400 million US$ in 2023, from 16300 million US$ in 2017.

Major Players in Lighting Fixtures market are: 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.

Scope of the Report:

This report focuses on the Lighting Fixtures in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

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.

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.

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Scope of the Report:

Global Lighting Fixtures Market: Type Outlook: 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.

Global Lighting Fixtures Market: Application Outlook: Industrial and Commercial,Residential,Outdoor,Architectural,Others (Automotive, Aerospace and Machinery)

This research report is an exhaustive study of the Lighting Fixtures market report 2018, which attempts to present a clear picture of the key factors that shape this market to the readers. The assessments of a number of market segments, distinguished on the basis of the products, their applications, and the geographies, comes under the scope of this research study.

For studying the report in a detailed yet brief manner have a look at the parts used in the Lighting Fixtures Market report:

PART 01: Lighting Fixtures Executive Summary

PART 02: Scope of The Report

PART 03: Research Methodology

PART 04: Market Landscape

PART 05: Market Sizing

PART 06: Five Forces Analysis

PART 07: Market Segmentation by Product

PART 08: Customer Landscape

PART 09: Regional Landscape and many more

Read Detailed Report @ https://www.reportsmonitor.com/report/131425/Lighting-Fixtures-Market

In the end, The main goal of this research study is to provide a clear picture and a better understanding of the market for Global self driving car sales market report 2018 to the manufacturers, suppliers, and the distributors operational in it. The readers can gain a deep insight into this market from this piece of information that can enable them to formulate and develop critical strategies for the further expansion of their businesses.

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like Asia, United States, Europe.

About Us
Reports Monitor is a market intelligence and consulting firm with extensive experience and knowledge of the Market Research industry.

Our aim is to change the dynamics of the Market Research industry by providing quality intelligence backed by data. Your requirement for market forecasting is fulfilled by our exclusive quantitative and analytics driven intelligence. Decision makers can now rely on our distinct data gathering methods to get factual market forecasting and detailed analysis.

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