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Lighting Market Latest Industry Size, Trends Evaluation, Recent Developments and Latest Technology Forecast to 2028, Fortune Business Insights
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The report provides a 360-degree overview of the market, listing various factors restricting, propelling, and obstructing the market in the forecast duration. The report also provides additional information such as interesting insights, key industry developments, detailed segmentation of the market, list of prominent players operating in the market, and other lighting market trends. The report is available for sale on the company website.
The global lighting market size was $118.33 billion in 2019 & is projected to reach $163.72 billion by 2027, exhibiting a CAGR of 4.3% during forecast period
These countries are actively promoting the adoption of LED lighting to reduce carbon emissions. Huge investments in manufacturing are anticipated to drive the market in the Middle East and Africa, whereas moderate growth is expected in Latin America owing to lower level of economic development.
List of the leading companies Mentioned in the Global Lighting Market are -
Cree, Inc.
Panasonic Corporation
GE Lighting
LED Leader USA
OSRAM Licht AG
Koninklijke Philips N.V.
LEDtronics, Inc.
CITIZEN ELECTRONICS CO., LTD.
Havells India Ltd.
What does the Report Include?
The market report includes quantitative and qualitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers the different regions, which are contributing to the growth of the market. It includes the competitive landscape that involves leading companies and adoption of strategies by them to introduce new products, announce partnerships, and collaboration that will contribute to the growth of the market between 2020 and 2027. Moreover, the research analyst has adopted several research methodologies such as PESTEL and SWOT analysis to extract information about the current trends and industry developments that will drive the market growth in the forthcoming years.
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Key Questions Answered:
What are the key technological and trends shaping the market?
• What are the key opportunities in the market?
• What are the key companies operating in the market?
• Which company accounted for the highest market share?
• Why Choose Fortune Business Insights?
• What is the market size and growth rate of the global and regional market by various segments?
• What is the market size and growth rate of the market for selective countries?
• Which region or sub-segment is expected to drive the market in the forecast period?
• What Factors are estimated to drive and restrain the Market growth?
Asia-Pacific to Register the Best Growth Figures
Having generated a revenue of USD 54.5 billion in 2018, Asia-Pacific is expected to continue its impressive performance in the global lighting market during the forecast period. The main reason for the region's growth is the rapid urbanization in China and India where construction activities are being driven by a soaring demand for affordable housing. These countries are actively promoting the adoption of LED lighting to reduce carbon emissions. Huge investments in manufacturing are anticipated to drive the market in the Middle East and Africa, whereas moderate growth is expected in Latin America owing to lower level of economic development.
The objective of the study is to define market sizes of different segments and countries in previous years and to forecast the values to the next Five years. The report is designed to incorporate both qualify qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers and restraining factors which will define the future growth of the market.
In addition, this report also contains a price, revenue, market share, and production of the service providers is also mentioned with accurate data. Moreover, the global Market report majorly focuses on the current developments, new possibilities, advancements, as well as dormant traps. Furthermore, the Market report offers a complete analysis of the current situation and the advancement possibilities of the Market across the globe. This report analyses substantial key components such as production, capacity, revenue, price, gross margin, sales revenue, sales volume, growth rate, consumption, import, export, technological developments, supply, and future growth strategies.
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Key Segmental Overview:
1. By Lighting Type
LEDs
CFLs
LFLs
HIDs
Haloge
ns
Incandescent
2. By Application
General Lighting
Automotive Lighting
Backlighting
Others
3. By End User
Residential
Commercial
Industrial
4. By Geography
North America (U.S. and Canada)
Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)
Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)
Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
Latin America (Brazil, Mexico, and Rest of Latin America)
Major Table of Contents for Lighting Market:
Introduction
Definition, By Segment
Research Methodology/Approach
Data Sources
Executive Summary
Market Dynamics
Macro and Micro Economic Indicators
Drivers, Restraints, Opportunities and Trends
Impact of COVID-19
Short-term Impact
Long-term Impact
Competition Landscape
Business Strategies Adopted by Key Players
Consolidated SWOT Analysis of Key Players
Porter's Five Force Analysis
Global Lighting Market Share Analysis and Matrix, 2019
Key Market Insights and Analysis, By Segments
Global Lighting Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
Market Sizing Estimations and Forecasts - By Lighting Type (Value)
LEDs
CFLs
LFLs
HIDs
Halogens
Incandescent
Market Sizing Estimations and Forecasts - By Application (Value)
General
Automotive
Backlighting
Others
Market Sizing Estimations and Forecasts - By End User (Value)
Residential
Commercial
Industrial
Market Analysis, Insights and Forecast - By Region (Value)
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
North America Lighting Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
Market Sizing Estimations and Forecasts - By Lighting Type (Value)
LEDs
CFLs
LFLs
HIDs
Halogens
Incandescent
Market Sizing Estimations and Forecasts - By Application (Value)
General
Automotive
Backlighting
Others
Market Sizing Estimations and Forecasts - By End User (Value)
Residential
Commercial
Industrial
By Country (Value)
U.S.
Canada
TOC Continued...
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