openPR Logo
Press release

Global Lighting Fixtures Industry Analysis, Size, Share, Growth, Trends and Forecast to 2021

02-19-2018 01:46 PM CET | Industry, Real Estate & Construction

Press release from: MRRSE.com

MRRSE

MRRSE

Market Research Reports Search Engine (MRRSE) has been serving as an active source to cater intelligent research report to enlighten both readers and investors. This research study titled “Lighting Fixtures Market“

Request a Free Sample Report @ https://www.mrrse.com/sample/1368

The global market for lighting fixtures is highly fragmented with the presence of numerous players, states MRRSE in a research report. The leading players operating in the market are mainly focusing on expanding their consumer base along with their geographical reach by adding high-end and advanced products in their portfolio. The key players namely Cooper Lighting, LLC, Hubbel Lighting, Inc., Acuity Brands, Inc., and Koninklijke Philips N.V. acquired a share of just 10.2% in the global market for lighting fixtures, whereas almost 90% of the share was held by the regional companies. To turn this situation, the leading players are constantly thriving for providing advanced products and are thus investing heavily on research and development projects.

The global lighting fixtures market is expected to witness a 6.9% CAGR from 2015 to 2021. The market is projected to rise to a valuation of US$215.29 bn by 2021.

Industrial and Commercial Segment to Lead in terms of Application

Based on application, the global market for lighting fixtures has been segmented into architectural, outdoor, residential, and commercial and industrial. The market was initially led by the commercial and industrial sectors in terms of CAGR as well as revenue growth. It has been projected that by the end of 2021, the lighting fixtures market would have gained around US$89.93 bn from the industrial and commercial segment. The main reason behind the growth of this segment is the direct supervisory pressure levied by several government bodies. The industrial and commercial sectors are the two leading consumers of a country’s power yield and the governing pressure to decrease their power intake has mounted up. This, along with the increasing need for centers to lessen their own manufacture costs is urging players to substitute their existing lighting fixtures to new and more effectual ones.

Region-wise, the market has been segmented into Asia Pacific, Europe, North America, and the Rest of World. Asia Pacific has been projected to continue its dominance over the market with a share of 38.2% in 2021 as the demand for lighting fixtures is likely to keep growing at a steady pace. One of the basic drivers comprises the very high concentration of population. With the two most crowded nations – India and China – located in Asia Pacific, their financial progress is anticipated to lift industrial, commercial, and residential, commercial, indsutrial sectors. Moreover, industry-wide evolution phases from unoriginal lighting fixtures to LED ones is generating an added demand for novel fixtures.

Send an Inquiry @ https://www.mrrse.com/enquiry/1368

Need to Remove Conventional Methods to Improve Sales of Lighting Fixtures

Many companies across the globe, notwithstanding their size, are striving cut down the cost of operations as much as conceivable. The most common process that the corporations are currently employing is to change their older lighting devices with newer and better ones. Players are thus changing their traditional lightings and lamps that employ incandescent or fluoresce nt lighting,, thus endorsing the demand for lighting fixtures. The sales of LED lighting is also being driven by the growing supervisory pressure on firms to decrease their discharges and overall power intake. Electrical engineers, architects, lighting designers, and lastly the venue proprietors are all highly involved in the whole process for acquiring lighting fixtures in many sectors. This leads to a complex process where numerous user necessities need to be achieved through bulk orders of lighting fixtures. Thus, the rate at which lighting fixtures transfer from manufacturers to consumers is decelerated significantly, thereby limiting the growth of the lighting fixtures market.

Key Segments of the Global Lighting Fixtures Market:

Global Lighting Fixtures Market Analysis, by Product Type

Ceiling, Pendant and Chandelier Lighting Fixtures
Wall Mounted Market Lighting Fixtures
Recessed Market Lighting Fixtures Market
Portable Market Lighting Fixtures Market
High Bay and Low Bay Lighting Fixtures Market
Others

Global Lighting Fixtures Market Analysis, by Application

Industrial and Commercial
Residential
Outdoor
Architectural
Others

Global Lighting Fixtures Market Analysis, by Geography

North America
Europe
Asia Pacific
Rest of the World

View Complete Report with Table of Content @ https://www.mrrse.com/lighting-fixture-market

About Market Research Reports Search Engine (MRRSE)

Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

Contact Us

State Tower
90, State Street
Suite 700
Albany, NY - 12207
United States Telephone: +1-518-730-0559
Email: sales@mrrse.com
Website: https://www.mrrse.com/
Read More Industry News At: https://www.industrynewsanalysis.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Lighting Fixtures Industry Analysis, Size, Share, Growth, Trends and Forecast to 2021 here

News-ID: 948776 • Views:

More Releases from MRRSE.com

Automotive Microcontrollers Market | Industry Key Players - AG (Germany), Texas Instruments, Inc. (U.S.), ON Semiconductor Corp. (U.S.), STMicroelectronics N.V. (Switzerland), Maxim Integrated Products, Inc. (U.S.), NXP Semiconductors N.V. (Netherlands)
Automotive Microcontrollers Market | Industry Key Players - AG (Germany), Texas …
MRRSE has recently published a report that explores the market for automotive microcontrollers at a global scale, and covers the market dynamics exhaustively, providing major trends impacting the market growth. This report on global market for automotive microcontrollers provides a detailed knowledge base for players who seek expansion of their presence globally. Insights offered in this report is instrumental for market players and investors, for gauging potential of the bubble
Global Commercial Refrigeration Equipment Market |Key Players Baltimore Aircoil Company, Inc. (US), Daikin Industries, Ltd. (Japan), GEA Group AG (Germany), Emerson Climate Technologies (US)
Global Commercial Refrigeration Equipment Market |Key Players Baltimore Aircoil …
MRRSE provides the forecast and in-depth on the global commercial refrigeration equipment market for the forecast period 2017-2026. The report also analyzes the market in terms of market volume and value and offers information on the market dynamics, competitors, current market scenario, and future market growth. Year-on-year growth and important factors supporting the decision-making process is also offered in the report on the global market for commercial refrigeration equipment. Get Report
Automotive Aluminum Alloy (OE) Market - Outlook and Growth Stance Forecasted Through 2026 || Market Players are - Arconic, AUSTEM COMPANY LTD., Constellium N.V., Bharat Forge, UACJ Corporation, FLEX-N-GATE CORPORATION
Automotive Aluminum Alloy (OE) Market - Outlook and Growth Stance Forecasted Thr …
A fresh report has been added to the wide database of Market Research Report Search Engine (MRRSE). The research study is titled “Automotive Aluminum Alloy (OE) Market - Outlook and Growth Stance Forecasted Through 2026” which encloses important data about the production, consumption, revenue and market share, merged with information related to the market scope and product overview. The report comprises a detailed value chain analysis, which provides a comprehensive view
Frontotemporal Disorders Treatment Market (2018-2028) || Key Players are Pfizer Inc., Johnson & Johnson, Sanofi S.A., Eli Lilly and Company, GlaxoSmithKline Plc., Novartis AG, Mylan N.V., Merck & Company Inc.
Frontotemporal Disorders Treatment Market (2018-2028) || Key Players are Pfizer …
A recent market study published by company – “Frontotemporal Disorders Treatment Market Assessment & Opportunity Analysis Recorded for 2018 – 2028” – consists of a comprehensive assessment of the most important market dynamics. On conducting a thorough research on the historic as well as current growth parameters of the frontotemporal disorders treatment market, growth prospects of the market are obtained with maximum precision. The report features unique and salient factors

All 5 Releases


More Releases for Lighting

Track Lighting Market Analysis By Top Keyplayers - Philips Lighting, Acuity Bran …
The "Track Lighting Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031.  The market was valued at USD xx.x billion In 2023. Growing Demand and Growth Potential in the Global Track Lighting Market, 2024-2031 Verified Market Research's most recent report, "Track Lighting Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides an in-depth examination
Residential Lighting Market Top Players || EVERLIGHT; Hinkley Lighting; IKIO LED …
Residential Lighting Market research report comprises of several parameters which are thoroughly studied by the experts. To generate the best market analysis report, a range of objectives of the marketing research are required to be kept in mind. With this industry report it becomes simpler for customers to understand the various drivers and restraints impacting the market during the forecast period. Residential Lighting Market report helps to provide such market
Energy Efficient Lighting Market Explore Future Growth by 2022 | Philips Lightin …
Worldwide Market Reports has announced the addition of the “Global Energy Efficient Lighting Market Research Report 2017”, The report classifies the global Energy Efficient Lighting Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. The report firstly introduced the Energy Efficient Lighting basics: definitions, classifications, applications and industry chain overview; industry policies and plans; product specifications; manufacturing processes;
Energy Efficient Lighting Market Forecast to 2023: Acuity Brands, Cooper Lightin …
A report added to the rich database of Qurate Business Intelligence, titled “World Energy Efficient Lighting Market Research Report 2023 (Covering USA, Europe, China, Japan, India and etc)”, provides a 360-degree overview of the Global market. Approximations associated with the market values over the forecast period are based on empirical research and data collected through both primary and secondary sources. The authentic processes followed to exhibit various aspects of the
Energy Efficient Lighting Market Development and Growth Analysis by Philips Ligh …
Worldwide Market Reports has announced the addition of the “Global Energy Efficient Lighting Market Research Report 2017”, The report classifies the global Energy Efficient Lighting Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. The report firstly introduced the Energy Efficient Lighting basics: definitions, classifications, applications and industry chain overview; industry policies and plans; product specifications; manufacturing processes;
Track Lighting Market 2017-2022: Eaton, Juno, Lithonia Lighting, Satco, Hubbell …
The report on “Global Track Lighting Market” is a professional report which provides thorough knowledge along with complete information pertaining to the Track Lighting industry a propos classifications, definitions, applications, industry chain summary, industry policies in addition to plans, product specifications, manufacturing processes, cost structures, etc.This market research report on the Global Track Lighting market is a complete study of the markets current trends, industry growth drivers and restraints. It