Lighting Market Size 2023 , Latest Trends, Growth Drivers, Industry Analysis by Top Companies and Forecast 2028
Posted on May 9 2023 9:11 AM
"The global lighting market size was USD 118.33 billion in 2019 and is projected to reach USD 163.72 billion by 2027, exhibiting a CAGR of 4.3% during the forecast period "
Fortune Business Insights has published a new research report titled Lighting Market Size, Share & COVID-19 Impact Analysis, By Lighting Type (LEDs, CFLs, LFLs, HIDs, Halogens and Incandescent), By Application (General, Automotive, Backlighting, Others), by End User (Residential, Commercial and Industrial) and Regional Forecasts, 2020-2027. and Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2020-2027” in its research data.
Projected market size and growth rate of the Lighting Market
According to latest report published by Fortune Business Insights, The global lighting market size was USD 118.33 billion in 2019 and is projected to reach USD 163.72 billion by 2027, exhibiting a CAGR of 4.3% during the forecast period
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Top Lighting Market Size Manufacturers covered in the Market Report include:
List of Key Companies Profiled:
- GE Lighting (Ohio, United States)
- Koninklijke Philips N.V. (Amsterdam, Netherlands)
- Panasonic Corporation (Osaka, Japan)
- OSRAM Licht AG (Munich, Germany)
- Schneider Electric SE (Rueil-Malmaison, France)
- Cree, Inc. (North Carolina, United States)
- CITIZEN ELECTRONICS CO., LTD. (Amanashi-ken, Japan)
- Lumerica (Vancouver, Canada)
- Havells India Ltd. (Uttar Pradesh, India)
- LEDtronics, Inc. (California, United States)
- Patriot LED (Ohio, United States)
- Acuity Brands, Inc. (Georgia, United States)
Highlights of the Report:
- Fortune Business Insights follows a robust research methodology that involves data triangulation based on top-down, bottom-up approaches, and validation of the estimated market numbers through primary research.
- The information used to estimate the market size and forecast for various segments at the global, regional, and country level is derived from the most credible published sources and through interviews with the right stakeholders.
Lighting Market Market Report Scope [ 2020-2027 ]
Report Title: Lighting Market Size, Share & COVID-19 Impact Analysis, By Lighting Type (LEDs, CFLs, LFLs, HIDs, Halogens and Incandescent), By Application (General, Automotive, Backlighting, Others), by End User (Residential, Commercial and Industrial) and Regional Forecasts, 2020-2027
Lighting Market CAGR: 0.043
Report Coverage: Revenue estimation and forecast, company profile, competitive landscape, growth factors, and recent trends
- By Type
- By Application
- By Region
An Overview of the Impact of COVID-19 on this Market:
The outbreak of the COVID-19 pandemic has negatively impacted various business sectors across the world. Various impositions like lockdown, social distancing and ban on imports and exports have impacted the production and distribution of various goods and services, which were considered as non-essential by the governments. Many enterprises in the Lighting Market were obliged to temporarily suspend operations due to the COVID-19 pandemic, in order to comply with new government rules aimed at preventing the disease’s spread. This pause in activities has a direct influence on the market’s revenue flow.
If You Want More Insights Into The Lighting Market, Buy Now This Exclusive Report:
Market Overview: It includes a product overview and scope of the global Lighting Market. It offers a summary of the segmental analysis provided in the report. Here, product, application, and regional segments are highlighted. This chapter also includes market estimations related to revenue and sales.
Competition: This section sheds light on the competitive situations and trends, gives an analysis of manufacturers and provides figures related to average price by the player, revenue and revenue shares of individual market players, sales, and sales shares of individual players.
Region-wise Sales Analysis: The report in this section offers market numbers, and an analysis of revenue, sales, and market shares of individual regions. In addition, it provides sales and sales growth rate, pricing structure, revenue, and some other estimations for each regional market that has been studied.
Company Profiles: This section of the report offers in-depth insightful information about the financial and strategic business data of some of the leading companies operating in the global Lighting Market landscape. In addition, product specifications, portfolios, regional footprint, revenue shares, and several other details are also covered in this chapter of the report.
FREQUENTLY ASKED QUESTIONS:
- How much was the global Lighting Market worth in upcoming year?
- Who are the top players actively operating across the market?
- How much will the global market be worth?
- What are the key market drivers?
- Which application segment is the leading across the globe?
- At what compound annual growth rate (CAGR) is the global market projected to grow in the forecast period?
Major Points from Table of Contents
Global Lighting Market Research Report 2020-2027, by Manufacturers, Regions, Types and Applications
- Objective of the Study
- Definition of the Market
- Market Scope
- Market Segment by Type, Application and Marketing Channel
- Major Regions Covered (North America, Europe, Asia Pacific, Mid East and Africa)
- Years Considered for the Study
- Currency Considered (U.S. Dollar)
- Key Findings of the Study
- Market Dynamics
- Driving Factors for this Market
- Factors Challenging the Market
- Opportunities of the Global Lighting Market (Regions, Growing/Emerging Downstream Market Analysis)
- Technological and Market Developments in the Lighting Market
- Industry News by Region
- Regulatory Scenario by Region/Country
- Market Investment Scenario Strategic Recommendations Analysis
- Value Chain of the Lighting Market
- Value Chain Status
- Upstream Raw Material Analysis
- Midstream Major Company Analysis (by Manufacturing Base, by Product Type)
- Downstream Major Customer Analysis (by Region)
- Global Lighting Market -Segmentation by Type
- Global Lighting Market -Segmentation by Application
- Global Lighting Market -Segmentation by Marketing Channel
- Competitive Intelligence Company Profiles
- Global Lighting Market -Segmentation by Geography
- North America
- Latin America
- Middle East and Africa
- Future Forecast of the Global Lighting Market from 2020-2027
- Future Forecast of the Global Lighting Market from 2020-2027 Segment by Region
- Global Lighting Market Production and Growth Rate Forecast by Type ( 2020-2027)
- Global Lighting Market Consumption and Growth Rate Forecast by Application ( 2020-2027)
- Research Data Source
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