Press release
Lightning fixtures Market Is Expected To Reach USD 160.3 Bn By 2031 - Impact Analysis of COVID-19
The light fixture of light fitting is an electrical device containing an electric lamp that illuminates. The primary components of this lighting are the lamp socket, fixture body, and lamp. The global lighting market is rapidly moving from conventional lighting to advance, and smart energy-efficient LED Lighting lamps.
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Rising awareness for energy consumption over the globe is boosting the market growth during the forecast period. Apart from that, the demand for a better lighting fixture, including lighting distribution, color consistency, color temperature, are the prime factor for the light fixture market growth. The increasing investment in the construction industry, leading to accelerated infrastructure development in commercial, public, and utility sectors. These factors are expecting to propel market growth.
However, in this current pandemic of COVID-19, the motors market affected much. It changes the growth rate graph slightly in the Lightning fixtures market. But, it has been expected that after the pandemic situation, the global Lightning fixtures market will reach a high position in the graph. Apart from that, the rising of the Lightning fixtures industry across the world is anticipated to offer a massive opportunity for market growth in the next forecast period of 2021 to 2031.
Geographically, The Lightning fixtures Market is divided into global regions like North America, Europe, Asia- Pacific, Latin America, Middle East, and Africa.
Key players in the report include Acuity Brands Lighting Inc., Advanced Lighting Technology Inc., Bajaj Electricals Ltd, Cooper Industry PLC, Cree Inc., Evolution Lighting, GE Lighting, Grote Industries Inc., Havells, HELLA KgaA Hueck & Co., Hubbell Lighting Inc., Spaulding Lighting Inc., Juno Lighting Group, and General Electric among others.
Browse the Full Report at https://www.sheeranalyticsandinsights.com/market-report-research/lighting-fixtures-market-21
The Global Lightning Fixtures Market Has Been Segmented into:
By Source
• Introduction
• Incandescent
• Fluorescent
• LED & OLED
By Product
• Introduction
• Ceiling
• Pendant & Chandeliers
• Wall Mounted
• Portable
• Others
By Distribution Channel
• Offline
• Online
By Application
• Residential
• Commercial
By Geography
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
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Contact us:
Name: Abhigyan Sengupta
(Global sales Manager)
Ph.: +1-414-240-5010 (U.S.)
Email: sales@sheeranalyticsandinsights.com
Website: https://www.sheeranalyticsandinsights.com/
About Us:
Sheer Analytics and Insights as firm is created to balance between client requirements without compromising the core values of Market research in –terms of quality, factual correctness, market awareness and analysis. SAI goes back to the root of Market Research in terms of TAM (Total Available Market) and PAM (Potential Available Market) and assess the same quantifying all Push and Pull factors.
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