Albany, NY -- (SBWire) -- 01/26/2019 --The lighting industry includes general lighting, automotive lighting, and backlighting. General lighting is based on fixed light source installations, which deliver a practical or aesthetic lighting effect. CFLs, LFLs, HID lights, and LEDs are some of the major general lighting products.
One trend in the market is growing number of households and urbanization. The rapid urbanization worldwide, particularly in emerging economies, is leading to the increasing demand for lighting devices from a growing number of households. The residential segment is one of the major contributors to the growing demand for lighting devices. One driver in the market is the declining manufacturing cost of LEDs. The manufacturing cost of LEDs has declined since 2012 and will continue to decline during the forecast period. This is mainly because of the declining ASP of chips and components used in the manufacturing process of LED devices. The decline in the manufacturing cost of LEDs is leading to a decrease in the initial installation cost of LED lamps and fixtures.
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This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
- Acuity Brands
- Cree
- Eaton
- General Electric
- Koninklijke Philips
- Osram
- Panasonic
General Lighting Breakdown Data by Type
- Traditional Lighting
- LED Lighting
General Lighting Breakdown Data by Application
- Residential Segment
- Commercial Segment
- Outdoor Segment
- Industrial Segment
- Architectural Segment
General Lighting Production by Region
- United States
- Europe
- China
- Japan
- Other Regions
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The study objectives are:
- To analyze and research the global General Lighting status and future forecastinvolving, production, revenue, consumption, historical and forecast.
- To present the key General Lighting manufacturers, production, revenue, market share, and recent development.
- To split the breakdown data by regions, type, manufacturers and applications.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends, drivers, influence factors in global and regions.
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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Global General Lighting Market Forecast to 2025: Acuity Brands, Cree, Eaton, General Electric