Lighting Fixtures Market Trends and Future Growth Study by 2025

According to a new market report published by Credence Research Inc., “Lighting Fixtures Market (By Product Type (Portable, Lighting Fixtures, Non-portable Lighting Fixtures, and Others (Parts & Accessories)), By Application (General Lighting (Industrial, Residential, Architectural & Commercial, and Outdoor), Automotive Lighting, & Backlighting) – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2017 – 2025”, the lighting fixture market is expected to witness a CAGR of 7.3% during the forecast period 2017 to 2025.

Browse the full Lighting Fixtures Market (By Product Type (Portable, Lighting Fixtures, Non-portable Lighting Fixtures, and Others (Parts & Accessories)), By Application (General Lighting (Industrial, Residential, Architectural & Commercial, and Outdoor), Automotive Lighting, & Backlighting) – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2017 – 2025 report at http://www.credenceresearch.com/report/lighting-fixtures-market

Report Summary:

The global market for lighting fixtures and concerned accessories is predominantly driven by new installations, which, subsequently is influenced by infrastructural development. The revival of the construction industry post-economic recession is identified as one of the major factors driving lighting fixtures market worldwide. In addition, stringent energy efficiency norms and regulations coupled with greater awareness among people regarding optimum energy consumption is redefining the future of the lighting industry. The lighting fixture market has been witnessing strong growth with growing popularity of smart luminaires. Smart lighting fixtures are integral for developing smart cities due to their ability to curb operational costs and save energy. Initiatives taken by the governments around the globe to develop smart cities are influential in driving demand for smart lighting fixtures worldwide.

The global lighting fixtures market is experiencing an influx of energy efficient products such as LED lighting luminaires. LED lighting fixtures are quickly becoming popular across public and private environments. Benefits offered by the LED technology in terms of energy efficiency, durability, and cost savings are supporting the adoption of LED lighting fixtures across different application segments. The aforementioned factors are expected to support a CAGR of 7.3% during the forecast period 2017 – 2025.

Report Scope

This report analyzes the global lighting fixtures market in terms of product type, end-use application, and geography. Based on product type, the global lighting fixtures market has been categorized into portable lighting fixtures, non-portable lighting fixtures, and other variants including special purpose lighting fixtures and accessories. Furthermore, the global lighting fixtures market is also segmented based on end-use application into industrial, residential buildings, architectural & commercial, automotive, and outdoor. The geographical distribution of the global lighting fixtures market considered for this research study covers regional markets such as North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.

The research study titled “Global Lighting Fixtures Market- Growth, Future Prospects, and Competitive Analysis, 2017 – 2025” provides insights into the global lighting fixtures market in addition to market size and forecasts for the period from 2015 to 2025. The research study offers strategic in-depth analysis of market segments based on product type, end-use application and cross-sectional analysis geographic regions including North America, Europe, Asia Pacific, and RoW.

In order to enable decision makers, the research study covers competitive profiling of the leading lighting fixture manufacturers, prevailing competitive landscape and key developments taking place in the lighting industry. Some of the major players profiled in the report include Acuity Brands, Inc. General Electric Company, Cooper Lighting, LLC, Hubbell Lighting, Inc., Koninklijke Philips N.V., Crompton Greaves Ltd., Cree, Inc., Bajaj Electricals Ltd., Amerlux LLC, Panasonic Corporation, OSRAM GmbH, and LSI Industries, Inc. among others.

Other detailed analysis offered by the research report includes:

  • Current and future market trends showing attractive investment areas within the lighting fixtures market
  • Market dynamics covering market drivers, market inhibitors and challenges, and their impact on market estimations and forecasts
  • Historic market size data (2015 & 2016)

Overall, the report provides a comprehensive view of the global lighting fixtures market, offering market size and forecasts for the period from 2017 to 2025, considering the aforementioned dynamics.

Browse the full Lighting Fixtures Market (By Product Type (Portable, Lighting Fixtures, Non-portable Lighting Fixtures, and Others (Parts & Accessories)), By Application (General Lighting (Industrial, Residential, Architectural & Commercial, and Outdoor), Automotive Lighting, & Backlighting) – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2017 – 2025 report at http://www.credenceresearch.com/report/lighting-fixtures-market

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