A light fixture, light fitting, or luminaire is an electrical device that contains an electric lamp that provides illumination. All light fixtures have a fixture body and one or more lamps. The lamps may be in sockets for easy replacement—or, in the case of some LED fixtures, hard-wired in place.
A significant number of industries are currently in a transitory phase towards improving power consumption to work performed ratios. One of the core methods to reduce power consumption is through the implementation of modern and efficient lighting fixtures. As a result, industries switching over from incandescent and fluorescent lighting to modern LED lighting offer the biggest driver to lighting fixture producers.
Additional drivers include the booming construction industry and the overall increase in population and disposable income across the world and especially in emerging economies. There is, however, a high initial investment required for new entrants to the lighting fixture production business. At the same time, the multiple number of members involved in making an end-user purchase decision add to the complexity of the buying process, thereby restraint the growth rate of lighting fixture players to a certain extent.
The global Lighting Fixtures market is valued at 16300 million US$ in 2018 is expected to reach 26300 million US$ by the end of 2025, growing at a CAGR of 6.1% during 2019-2025.
This report focuses on Lighting Fixtures volume and value at global level, regional level and company level. From a global perspective, this report represents overall Lighting Fixtures market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Acuity Brands, Inc.
Cooper Lighting, LLC
General Electric Company
Hubbell Lighting, Inc.
Juno Lighting Group
Koninklijke Philips N.V.
LSI Industries Inc.
OSRAM Licht AG
Panasonic Corporation Eco Solution Company
Zumtobel Lighting GmbH
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Ceiling, Pendant and Chandelier Lighting Fixtures
Wall Mounted Market Lighting Fixtures
Recessed Market Lighting Fixtures
Portable Market Lighting Fixtures
High Bay and Low Bay Lighting Fixtures
Others (Automotive, Aerospace and Machinery) Lighting Fixtures
Segment by Application
Industrial and Commercial
Residential
Outdoor
Architectural
Others (Automotive, Aerospace and Machinery)
Summary:
Get latest Market Research Reports on Lighting Fixtures . Industry analysis & Market Report on Lighting Fixtures is a syndicated market report, published as Global Lighting Fixtures Market Research Report 2019. It is complete Research Study and Industry Analysis of Lighting Fixtures market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.