Commercial Luminaire Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030
Luminaire is able to provide a light source apparatus and converts electrical energy into electromagnetic radiation, including LED, LFL, CFL, HID, Halogen and Incandescent Luminaire, etc. And it can be used for residential, office, shop, and hospitality, industrial, outdoor and so on.
For industry structure analysis, the luminaire industry is fragmented. A variety of manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry. The top ten producers account for about 56% of the revenue market.
LED technology will totally change the production and consumption structure of luminaires. In 2011, the market share of luminaire used LED technology or LED light source accounted for about 8% of the total consumption market share, but the figure rose up to 30% by the end of 2015. And it is forecasted that the market share of LED technology in luminaire market will be 45% by the end of 2020. And the increasing penetration rate of LED luminaire is the direct and most important reason for the increasing of industry revenue over the past five years.
The Global Commercial Luminaire Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
In the global Commercial Luminaire Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Philips
OSRAM
General Electric
Cree, Inc
Panasonic
Eaton
Thorn
Hubbell Lighting
Acuity Brands Lighting
TOSHIBA
Targetti Sankey
Asian Electronics
LSI Industries
SIMKAR Corporation
Thorlux Lighting
Evolution Lighting
KALCO Lighting, Inc
Foshan Lighting
Opple Lighting
NVC Lighting
YANKO Lighting
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
LED Luminaire
CFL Luminaire
LFL Luminaire
HID Luminaire
Halogen Luminaire
In Market segmentation by applications :
Residential
Retail
Healthcare
Hospitality
Industrial
Office
Other
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Commercial Luminaire Market for the forecast period 2023 - 2030?
• What are the driving forces in the Commercial Luminaire Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Commercial Luminaire industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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