Table Lamp Market: Industry Size & Share, Growth Drivers, Opportunities, Key Segmentation, And Industry Forecast, 2020-2027

The Objective of the “Global Table Lamp Market” report is to depict the trends and upcoming for the Table Lamp Market industry over the forecast years. Table Lamp Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2020 to 2027 mulling over 2019 as the base year of the market study. Attentiveness for the market has increased in recent decades due to development and improvement in the innovation.

increase in awareness about new products, advanced technology, incorporation of new features in table lamp, investment in innovation & automation, advancement in type of light used, small & portable table lamp, the launch of various designs, customized table lamp, wireless technology, automatic table lamp, battery operated table lamp, remote & mobile applications controlling system, voice detection enabled feature, warm white light, and hue light table lamps, multiple light features, eye care desk light, energy-saving device, adjustable arm to shift the light focus, availability of variants in several colors, table lamp as home décor, increased safety insulation, availability of replacement bulbs, reduced height and weight of table lamp, inclination toward smart home devices, and increase in disposable income are the key drivers that lead toward the growth of the global table lamp market. However, expensive table lamps, increased competition, decline in trend of residential table lamps, availability of alternative products, and other lighting devices hinder the market growth.

The key players are inclined toward launch of smart table lamps, which provide a perfect home office lighting atmosphere. For instance, Philips has launched a series of table lamps that can be controlled from android smart devices and cycle through different hue lights.

Regions covered – North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA)

COVID-19 Scenario Analysis:

• The COVID-19 pandemic has impacted the production of the table lamp market as several manufacturing units in various countries were initially shut down to prevent the spread of coronavirus disease. The shortage of manpower has also caused an inability to produce the table lamp.
• The e-commerce platform for shipping the table lamp has been affected due to the late deliveries and transportation restrictions.
• The sales and revenue of the table lamp market have declined as the distribution channels such as home designer stores and specialty stores have shut down due to the implementation of lockdown in various countries.
• The export and import ban in several countries has led to difficulty in raw material procurement.

Request Sample Report @https://www.alliedmarketresearch.com/request-sample/8148

Key Market Players Profiled In The Report:

• Philips
• OSRAM
• Panasonic
• Opple Lighting
• General Electric Company
• Chicago Miniature Lighting
• EYE lighting International
• Astec Industries Inc.
• Lcd Lighting Inc.
• Toshiba Lighting
• Tenneco Inc.
• EiKo Ltd.
• SYSKA LED.
• Donghia Inc.

Key Segments Covered:

Application
• Residential
• Commercial

Technology
• LED
• Fluorescent
• Halogen
• Others

Product Type
• Reading lamps
• Decorative lamps
• Others

Distribution Channel
• Offline Channels
• Online Channels

Key Benefits of the Report:

○ This study presents the analytical depiction of the global table lamp industry along with the current trends and future estimations to determine the imminent investment pockets.
○ The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global table lamp market share.
○ The current market is quantitatively analyzed from 2020 to 2027 to highlight the global table lamp market growth scenario.
○ Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
○ The report provides detailed global table lamp market analysis based on competitive intensity and how the competition will take shape in the coming years.

For Purchase Enquiry @https://www.alliedmarketresearch.com/purchase-enquiry/8148

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-446-1141
International: +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.