The global general lighting market is expected to grow from $99.44 billion in 2020 to $102.97 billion in 2021 at a compound annual growth rate (CAGR) of 3.5%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $140.71 billion in 2025 at a CAGR of 8%.
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The general lighting market consists of sales of ambient lighting and related services used for lighting indoors of a household, commercial, institutional sites. General lighting includes chandeliers, ceiling or wall-mounted fixtures, recessed or track lights and lanterns mounted on the outside of the home. It also includes wall lighting, spotlights, post lanterns, recessed fixtures, and hanging fixtures used in hanging structures.
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The general lighting market report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Some of the major players of the general lighting market are Schneider Electric, Panasonic, Koninklijke Philips N.V., GENERAL ELECTRIC, Acuity Brands, Cree, Inc., Eaton, Bridgelux, Citizens Electronics, OSRAM, Selux Corp, Zumtobel Group AG, Signify Holding, Wipro Lighting, Häfele, Hubbell, Amerlux, Decon Lighting Pvt. Ltd., 3G Lighting, NICOR Lighting, Axis Lighting, Louis Poulsen, Vantage Lighting, v2 Lighting Group, SPI Lighting.
The global general lighting market is segmented –
1) By Product Type: LED, CFL, LFL, HID, Halogens, Incandescent, Others
2) By End User: Residential, Commercial, Outdoor, Industrial, Others
3) By Application: General Lighting, Automotive Lighting, Backlighting, Others
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The general lighting market report describes and explains the global general lighting market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The general lighting report evaluates the market across each region and for the major economies within each region.
The countries covered in the global general lighting market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global general lighting market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Full Report Includes
- Executive Summary
- Report Structure
- General Lighting Market Characteristics
- General Lighting Market Product Analysis
- General Lighting Market Supply Chain
- Key Mergers And Acquisitions In The General Lighting Market
- Market Background: Machinery Manufacturing Market
- Copyright And Disclaimer
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