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Oct 29, 2020 (The Expresswire) —
The Global “Lighting Fixtures Market“was valued at 16300 million USD in 2020 and is expected to reach 23400 million USD by 2023, at a CAGR of 6.2% during the forecast period. The increasing use of Lighting Fixtures in Industrial and Commercial, Residential, Outdoor, Architectural, Others (Automotive, Aerospace and Machinery) and other industries is driving the growth of the Lighting Fixtures market across the globe. The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Lighting Fixtures market based on Types i.e. 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, In this study, 2019 has been considered the base year and 2020-2024 as the forecast period to estimate the Lighting Fixtures market size.
COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.
Final Report will add the analysis of the impact of COVID-19 on this industry.
Short Description About Lighting Fixtures Market:
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 replacementâor, in the case of some LED fixtures, hard-wired in place.
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The research covers the current Lighting Fixtures market size of the market and its growth rates based on 5-year records with company outline ofKey players/manufacturers:
● 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
Scope of the Lighting Fixtures Market Report:
This report focuses on the Lighting Fixtures in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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 worldwide market for Lighting Fixtures is expected to grow at a CAGR of roughly 6.2% over the next five years, will reach 23400 million USD in 2023, from 16300 million USD in 2020
Report further studies the market development status and future Lighting Fixtures Market trend across the world. Also, it splits Lighting Fixtures market Segmentation by Type and by Applications to fully and deeply research and reveal market profile and prospects.
Major Classifications are as follows:
● 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
Major Applications are as follows:
● Industrial and Commercial ● Residential ● Outdoor ● Architectural ● Others (Automotive ● Aerospace and Machinery)
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Lighting Fixtures in these regions, from 2014 to 2024, covering
● North America (United States, Canada and Mexico) ● Europe (Germany, UK, France, Italy, Russia and Turkey etc.) ● Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam) ● South America (Brazil, Argentina, Columbia etc.) ● Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
This Lighting Fixtures Market Research/Analysis Report Contains Answers to your following Questions
● Which Manufacturing Technology is used for Lighting Fixtures? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments? ● Who Are the Global Key Players in This Lighting Fixtures Market? What are Their Company Profile, Their Product Information, and Contact Information? ● What Was Global Market Status of Lighting Fixtures Market? What Was Capacity, Production Value, Cost and PROFIT of Lighting Fixtures Market? ● What Is Current Market Status of Lighting Fixtures Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Lighting Fixtures Market by Taking Applications and Types in Consideration? ● What Are Projections of Global Lighting Fixtures Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export? ● What Is Lighting Fixtures Market Chain Analysis by Upstream Raw Materials and Downstream Industry? ● What Is Economic Impact On Lighting Fixtures Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends? ● What Are Market Dynamics of Lighting Fixtures Market? What Are Challenges and Opportunities? ● What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Lighting Fixtures Industry?
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Major Points from Table of Contents:
1. Market Overview
1.1 Lighting Fixtures Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Dynamics
1.4.1 Market Opportunities
1.4.2 Market Risk
1.4.3 Market Driving Force
2.4.1 Business Overview
2.4.2 Lighting Fixtures Type and Applications
22.214.171.124 Product A
126.96.36.199 Product B
3.Global Lighting Fixtures Sales, Revenue, Market Share and Competition By Manufacturer (2019-2020)
3.1 Global Lighting Fixtures Sales and Market Share by Manufacturer (2019-2020)
3.2 Global Lighting Fixtures Revenue and Market Share by Manufacturer (2019-2020)
3.3 Market Concentration Rates
3.3.1 Top 3 Lighting Fixtures Manufacturer Market Share in 2020
3.3.2 Top 6 Lighting Fixtures Manufacturer Market Share in 2020
3.4 Market Competition Trend
4.Global Lighting Fixtures Market Analysis by Regions
4.1 Global Lighting Fixtures Sales, Revenue and Market Share by Regions
4.1.1 Global Lighting Fixtures Sales and Market Share by Regions (2014-2019)
4.1.2 Global Lighting Fixtures Revenue and Market Share by Regions (2014-2019)
4.2 North America Lighting Fixtures Sales and Growth Rate (2014-2019)
4.3 Europe Lighting Fixtures Sales and Growth Rate (2014-2019)
4.4 Asia-Pacific Lighting Fixtures Sales and Growth Rate (2014-2019)
4.6 South America Lighting Fixtures Sales and Growth Rate (2014-2019)
4.6 Middle East and Africa Lighting Fixtures Sales and Growth Rate (2014-2019)
5.Lighting Fixtures Market Forecast (2020-2024)
5.1 Global Lighting Fixtures Sales, Revenue and Growth Rate (2020-2024)
5.2 Lighting Fixtures Market Forecast by Regions (2020-2024)
5.3 Lighting Fixtures Market Forecast by Type (2020-2024)
5.3.1 Global Lighting Fixtures Sales Forecast by Type (2020-2024)
5.3.2 Global Lighting Fixtures Market Share Forecast by Type (2020-2024)
5.4 Lighting Fixtures Market Forecast by Application (2020-2024)
5.4.1 Global Lighting Fixtures Sales Forecast by Application (2020-2024)
5.4.2 Global Lighting Fixtures Market Share Forecast by Application (2020-2024)
6.Sales Channel, Distributors, Traders and Dealers
6.1 Sales Channel
6.1.1 Direct Marketing
6.1.2 Indirect Marketing
6.1.3 Marketing Channel Future Trend
6.2 Distributors, Traders and Dealers
7.Research Findings and Conclusion
8.2 Data Source
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