Impact Analysis of Covid-19
The complete version of the REPORT will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
The lighting fixture is an electronic device, which is used to create an artificial light. The global lighting fixture market was valued at US$ 163.02 billion in 2017 from US$ 153.15 billion in 2016. The market is projected to exhibit a CAGR of 7.8% during the forecast period (2017 – 2025), reaching US$ 297.26 million by 2025.
Market Dynamics
The increasing smart city projects have become a key factor for the growth of the light fixture market. The smart city projects raised the demand for energy saving infrastructure, which boosts the market of lighting fixture. According to Indian general budget 2016 – 2017, the Government of India released a fund of US$ 49.4 million (RS 3205 crore) for the development of 100 smart cities across the economy. Moreover, the rising demand for reducing power consumption plays a major role in the growth of the lighting fixture market. The replacement of conventional light to modern LED become has the major driver for the lighting fixture providers. In addition, rising population, increasing construction industry, and rising disposable income especially in emerging economies have raised the global lighting fixture market.
Market Taxonomy
This report segments the global lighting fixture market on the basis of product type, application, and geography. On the basis of product type, the market is segmented into ceiling, pendant & chandelier, wall mounted, recessed, portable, high bay, low bay, and others (emergency lighting, track lighting, and fan). On the basis of application, the market is segmented into industrial and commercial, residential, outdoor, architectural, and others (automotive, aerospace, and machinery). For a comprehensive understanding of market dynamics, the market is analyzed across key geographical regions namely, North America, Europe, Asia Pacific, Latin America, Africa, and the Middle East. Each of these regions is analyzed based on the market findings across major economies in these regions for a macro-level understanding of the market.
Key features of the study:
This report provides an in-depth analysis of the lighting fixture market with market size (US$ Million) and CAGR (%) for the forecast period: 2017 – 2025, considering 2016 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players.
It profiles leading players in the global lighting fixture market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies.
Key companies covered as a part of this study include Acuity Brands Lighting, Inc., Acuity Brands, Inc., American Electric Lighting, Bajaj Electricals Ltd., Cooper Lighting, LLC, Hubbel Lighting, Inc., Juno Lighting Group, Koninklijke Philips N.V., LSI Industries. and Zumtobel Lighting GmbH.
Insights from this report will allow marketers and management authorities of companies to make informed decisions with respect to their future product launch, technology upgrades, market expansion, and marketing tactics.
Various strategy matrices used in analyzing the lighting fixture market would provide stakeholders vital inputs to make strategic decisions accordingly.
Detailed Segmentation:
Global Lighting fixture Market, By Product Type:
Ceiling, Pendant & Chandelier
Wall Mounted
Recessed
Portable
High bay and Low bay
Others (Emergency lighting, Track lighting and Fan)
Global Lighting fixture Market, By Application:
Industrial and Commercial
Residential
Outdoor
Architectural
Others (Automotive, Aerospace, Machinery)
Global Lighting fixture Market, By Geography:
North America
By Country
U.S.
Canada
By Segmentation
By Product Type:
Ceiling, Pendant & Chandelier
Wall Mounted
Recessed
Portable
High bay and Low bay
Others (Emergency lighting, Track lighting and Fan)
By Application:
Industrial and Commercial
Residential
Outdoor
Architectural
Others (Automotive, Aerospace, Machinery)
Europe
By Country
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
By Segmentation
By Product Type:
Ceiling, Pendant & Chandelier
Wall Mounted
Recessed
Portable
High bay and Low bay
Others (Emergency lighting, Track lighting and Fan)
By Application:
Industrial and Commercial
Residential
Outdoor
Architectural
Others (Automotive, Aerospace, Machinery)
Asia Pacific
By Country
China
India
Japan
Australia
South Korea
ASEAN
Rest Of Asia Pacific
By Segmentation
By Product Type:
Ceiling, Pendant & Chandelier
Wall Mounted
Recessed
Portable
High bay and Low bay
Others (Emergency lighting, Track lighting and Fan)
By Application:
Industrial and Commercial
Residential
Outdoor
Architectural
Others (Automotive, Aerospace, Machinery)
Latin America
By Country
Brazil
Mexico
Rest Of Asia Pacific
By Segmentation
By Product Type:
Ceiling, Pendant & Chandelier
Wall Mounted
Recessed
Portable
High bay and Low bay
Others (Emergency lighting, Track lighting and Fan)
By Application:
Industrial and Commercial
Residential
Outdoor
Architectural
Others (Automotive, Aerospace, Machinery)
Africa
By Country
South Africa
Central Africa
North Africa
By Segmentation
By Product Type:
Ceiling, Pendant & Chandelier
Wall Mounted
Recessed
Portable
High bay and Low bay
Others (Emergency lighting, Track lighting and Fan)
By Application:
Industrial and Commercial
Residential
Outdoor
Architectural
Others (Automotive, Aerospace, Machinery)
Middle East
By Country
GCC
Israel
Rest Of Middle East
By Segmentation
By Product Type:
Ceiling, Pendant & Chandelier
Wall Mounted
Recessed
Portable
High bay and Low bay
Others (Emergency lighting, Track lighting and Fan)
By Application:
Industrial and Commercial
Residential
Outdoor
Architectural
Others (Automotive, Aerospace, Machinery)
Company Profiles
Acuity Brands Lighting, Inc.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Acuity Brands, Inc.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
American Electric Lighting
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Bajaj Electricals Ltd.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Cooper Lighting, LLC
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Hubbel Lighting, Inc.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Juno Lighting Group
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Koninklijke Philips N.V.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
LSI Industries
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Zumtobel Lighting GmbH
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates