Decorative Lighting Market to Witness Remarkable Growth by 2025

The Global Decorative Lighting Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2019-2027). The assessment provides a 360° view and insights, outlining the key outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions for improved profitability. In addition, the study helps venture or private players in understanding the companies more precisely to make better informed decisions.

Major Players are:
Jaquar Lighting Group (India), Royal Philips N.V. (Netherlands), Acuity Brands (United States), General Electric Company (United States), Maxim Lighting (United States), Signify N.V. (Netherlands), Diamond Life Group (China), EGLO Leuchten GmbH (Germany), Elstead Lighting (United Kingdom), LUMINAIRES GROUP (Canada), Zumtobel Group (Austria)

NOTE: Our analysts monitoring the situation across the globe explain that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.

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Definition:
The term decorative lighting covers all the traditional classes of light fittings such as floor lights, pendants, chandeliers, etc. which differentiates them from technical or architectural lighting. Decorative lighting can offer general illumination for an entire room, focus on a small area for task or hobby lighting, or be used to accent other lighting and provide additional ambiance. Most decorative lighting can be both hardwired and plugged into an outlet and some can run on battery or solar power.

Market Trends:
Increasing Use of Smart Lighting Systems
Rising Demand for Street Lighting Systems

Market Drivers:
Increasing Demand for Decorative Lighting by Premium Customers
Rising Demand for Energy Efficient Decorative Lighting Products

Years considered for this report:
 Historical Years: 2015-2019
 Base Year: 2019
 Estimated Year: 2020
 Forecast Period: 2020-2027

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Highlights of the report:
• Impacts & effects of Covid-19 pandemic on the market.
• The market drivers, opportunities and restraints.
• Porters 5 forces analysis.
• Future forecast analysis of the market.
• Key players or companies and their in-depth information.
• Primary & secondary research along with tables & graphs.
• Latest developments & strategies of the market.
• Market introduction, market revenue, market position globally, table of contents, conclusion and key facts of the market.

What are the market factors that are explained in the Decorative Lighting Market report?
– Key Strategic Developments: Strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors.
– Key Market Features: Including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin.
– Analytical Tools: The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

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Extract from Table of Content:
Chapter 01 – Executive Summary
1.1 360 Degree Synopsis
1.2 Market value (US$ million).
Chapter 02 – Market Overview
Chapter 03 – Key Success Factors
3.1 Strategies adopted by key market participants and factors that have turned into success.
3.2 Additional viewpoint on global average pricing analysis benchmark, and consumer’s sentiments’ analysis.
Chapter 04 – Covid-19 Crisis Analysis on Global Decorative Lighting Market
Chapter 05 – Global Decorative Lighting Market - Pricing Analysis
Chapter 06 – Global Decorative Lighting Market Background
6.1 Macroeconomic factors affecting the Global Decorative Lighting market
6.2 Explore supply chain and value chain analysis.
6.3 In-depth information about the market dynamics and their consequences.
Chapter 07 -- Global Decorative Lighting Market Segmentation
Chapter 08 – Key and Emerging Countries Analysis in Global Decorative Lighting Market
Chapter 09 – Global Decorative Lighting Market Structure Analysis
Chapter 10 – Global Decorative Lighting Market Competitive Analysis
10.1 Market Concentration Rate
10.2 Competition Scenario: BCG Matrix [Relative Market Share v/s Revenue Growth Rate]
10.3 Heat Map Analysis
10.4 Comparative Market Share Analysis by Players (2018-2019) Rank, [% Market Share, Market Revenue]
Chapter 11 – Assumptions and Acronyms
Chapter 12 – Research Methodology

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Key Questions Addressed in the Report
 Who are the top 20 players operating in the Global Decorative Lighting market?
 What covers the drivers, restraints, opportunities, and challenges in the Decorative Lighting industry?
 What are the growth trends in the market at the segmental and overall market levels?
 Which are the untapped emerging regions in the Decorative Lighting market?
 What are the recent application areas in the market?

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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