The global demand for Electric Lighting Equipment Market is presumed to reach the market size of nearly USD 207.61 BN by 2030 from USD 107.3 BN in 2022 with a CAGR of 8.6% under the study period 2023 - 2030.
Electric lighting equipment refers to the devices and components used to produce and control artificial light in various settings, such as homes, offices, commercial buildings, outdoor spaces, and industrial facilities. These lighting equipment and fixtures use electricity to generate light and are essential for providing illumination in modern environments.
The electric lighting equipment market has been driven by various factors contributing to its growth and demand. Notably, the advancements in LED technology have led to superior energy efficiency, longer lifespans, and better lighting quality, leading to a shift from traditional lighting options. Energy efficiency initiatives and government regulations promoting sustainable practices have further encouraged the adoption of energy-efficient lighting solutions like LED. Rapid urbanization and infrastructure development have driven the demand for lighting equipment in commercial and residential buildings, public spaces, and roads. The rise of smart lighting systems integrated with IoT technology has facilitated advanced lighting control and automation. Additionally, the focus on health and well-being has highlighted the importance of proper lighting design, promoting human-centric lighting solutions. The market also sees growth in decorative and architectural lighting as consumers seek aesthetically pleasing lighting options. Technological innovations in color rendering, efficiency, and control capabilities have further fueled market growth and product advancements.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of electric lighting equipment. The growth and trends of electric lighting equipment industry provide a holistic approach to this study.
This section of the electric lighting equipment market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
By Sales Channel
By Application
This section covers the regional outlook, which accentuates current and future demand for the Electric Lighting Equipment market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Electric Lighting Equipment market include Signify Holding., Eaton Corporation Plc, Nichia Corporation, General Electric, Stanley Electric Co Ltd., Everlight Electronics co. Ltd., Toshiba Corporation, Acuity Brand Inc., Hubbell.Inc, OSRAM GmbH. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . ELECTRIC LIGHTING EQUIPMENT – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Type
3.7.2 Market Attractiveness Analysis By Sales Channel
3.7.3 Market Attractiveness Analysis By Application
3.7.4 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . GLOBAL ELECTRIC LIGHTING EQUIPMENT MARKET ANALYSIS BY TYPE
5.1 Overview by Type
5.2 Historical and Forecast Data
5.3 Analysis by Type
5.4 General Lighting Historic and Forecast Sales by Regions
5.5 Automotive Lighting Historic and Forecast Sales by Regions
5.6 Back Lighting Historic and Forecast Sales by Regions
6 . GLOBAL ELECTRIC LIGHTING EQUIPMENT MARKET ANALYSIS BY SALES CHANNEL
6.1 Overview by Sales Channel
6.2 Historical and Forecast Data
6.3 Analysis by Sales Channel
6.4 Online Historic and Forecast Sales by Regions
6.5 Offline Historic and Forecast Sales by Regions
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