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.
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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.
Key companies profiled in Lighting Fixtures Market report are 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 and more in term of company basic information, Product Introduction, Application, Specification, Production, Revenue, Price and Gross Margin (2014-2019), etc.
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Table of Content
1 Lighting Fixtures Market Overview
2 Global Lighting Fixtures Market Competition by Manufacturers
3 Global Lighting Fixtures Production Market Share by Regions
4 Global Lighting Fixtures Consumption by Regions
5 Global Lighting Fixtures Production, Revenue, Price Trend by Type
6 Global Lighting Fixtures Market Analysis by Applications
7 Company Profiles and Key Figures in Lighting Fixtures Business
8 Lighting Fixtures Manufacturing Cost Analysis
9 Marketing Channel, Distributors and Customers
10 Market Dynamics
11 Global Lighting Fixtures Market Forecast
12 Research Findings and Conclusion
13 Methodology and Data Source