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Decorative Lighting Market 2021 Precise Outlook- Acuity Brands, Signify, LEDVANCE, GE Lighting, Ideal Industries, Hubbell, Copper, Kichler

10-18-2021 01:52 PM CET | Industry, Real Estate & Construction

Press release from: Market Insights Reports

The Global Decorative Lighting Market provides a detailed analysis of the current situation of the market estimate, share, demand, development patterns, and forecast in the coming years. Decorative Lighting Market assesses the development patterns of the business through the historical study and estimates future prospects in light of the complete research carried out by the research analysts. The research report widely provides the market share, development rate, trends, and estimates for the period 2021-2026. The report covers the post-COVID-19 (Corona Virus) impact on various regions and major countries and on the future development of the industry is pointed out.

The Global Decorative Lighting Market is expected to grow at a CAGR 3.2% during the forecast period 2021 to 2026.

(SPECIAL OFFER: AVAIL UPTO 25% DISCOUNT ON THIS REPORT):

Click the link to get a Sample Copy of the Report:

https://www.industrydataanalytics.com/reports/global-decorative-lighting-market/inquiry?Mode=IDA48   

Top Companies in the Global Decorative Lighting Market: Acuity Brands, Signify, LEDVANCE, GE Lighting, Ideal Industries, Hubbell, Copper, Kichler, Generation Brands, Maxim Lighting, Feit Electric Company, Leviton, Hudson Valley Lighting

Market Overview:

Decorative lighting can provide general illumination for an entire room, focus on a small area for task or hobby lighting, The top three companies, Acuity Brands, LEDVANCE and GE Lighting, have 41% of the market share in the North America. The decorative lighting market is driven by the use of lighting that sets the ambiance of the room and is expected to promote the use of various lighting fixtures. These lights manipulate the actual size of the room by creating a visually dynamic space. Along with this, appropriate lighting and fixture give a pleasant look to a space.

Regional analysis:

North America accounted for over 35% share in the global market revenues in 2018. Almost every household in the countries of the region, such as the United States and Canada, has access to electricity, which played a crucial role in the adoption of innovative decorative lights in the region.

Asia-Pacific, on the other hand, is expected to remain a lucrative opportunity in the next few years. Population growth and urbanization in developing economies, such as China and India, are expected to provide an opportunity for lighting fixture companies in the market. Other factors such as the development of tourist destinations by the governments of Maldives, China, India, and Sri Lanka, are also expected to increase the investment in hotels and restaurants, where decorative lights find their major use.

This report segments on the basis of Types:

LED Lighting

CFL Lighting

Incandescent Lighting

Split On the basis of Applications:

Residential

Commercial

Regional Analysis:

For comprehensive understanding of market dynamics, the global Decorative Lighting Market is analyzed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India and others. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Browse Full Report:

https://www.industrydataanalytics.com/reports/global-decorative-lighting-market?Mode=IDA48  

Key Offering of the Decorative Lighting Market Report:

-Major driving factors: A detailed study of determinants of the market factors, forthcoming opportunities, and challenges.

-Current market trends & forecasts: An in-depth analysis of the market including recent market trends and forecasts for the next few years that helps to make an informed decision.

-Segmental Analysis: A detailed study of each segment along with driving factors and growth rate analysis of each segment.

-Geographical analysis: Insightful study of the market across various regions that enable market players to benefit from the market opportunities.

-Competitive landscape: A detailed study of major market players those are active in the electroluminescent display market.

Why should you buy?

-Understand the current and future of the Decorative Lighting Market in both developed and emerging markets.

-The report assists in realigning the business strategies by highlighting the Decorative Lighting business priorities.

-The report throws light on the segment expected to dominate the Decorative Lighting industry and market.

-Forecasts the regions expected to witness the fastest growth.

The research includes historic data from 2015 to 2021 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

We Offer Customization On Report Based On Specific Client Requirement:

- Free Country level analysis for any 5 countries of your choice.

- Free Competitive analysis of any 5 key market players.

- Free 15% customization equal to 60 analyst hours.

Contact Us:
Head of Sales: Mr. Hon Irfan Tamboli
+1 (704) 266-3234 | contact@industrydataanalytics.com

About Us:

IndustryDataAnalytics is your single point market research source for all industries including pharmaceutical, chemicals and materials, energy resources, automobile, IT, technology and media, food and beverages, and consumer goods, among others.

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