According to the High-End Lighting Market survey report, the market is expected to witness a relatively higher growth rate during the forecast period 2018-2023.
Houston, TX -- (SBWIRE) -- 04/10/2018 -- The report is titled "Global High-End Lighting Market Size, Status and Forecast 2023." demand for fluorescent high-end lights was highest in 2016, although LED segment is expected to capture huge market share owing to its technological and economical advancements such as high efficiency and brightness level. Owing to ban on incandescent and HID lights in many countries, their respective market share is witnessing a steep decline over the forecast period, Some major technological innovations in this particular market such as connected, dimmable, color changing, and sensor-enabled lightings have contributed largely to the market growth.
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High-End Lighting Market is expected to reach USD +24 billion by 2025, growing at a CAGR of +6 %,
The market for wireless high-end lightings is projected to grow at a high rate owing to the technological advancement such as remote-controlled operations via smartphone, dimming & color changing feature, Wi-Fi and Bluetooth connectivity. Wireless lighting is easier to install without damaging the interior and are also more efficient than wired ones, thus the demand for the wireless high-end lighting is expected to eventually grow over the forecast period.
Some of the prominent players: Philips Lighting Holding B.V., OSRAM Licht AG, General Electric Company, CREE, Inc. and Digital Lumens, Inc.
This High-End Lighting market intelligent report highlights on the key retailers in this market everywhere throughout the world. This domain of the report contains the business formats, insurance, and product illustrations, volume, generation, contact statistics, price, and revenue. Similarly, mechanical get-together and upstream raw materials and downstream demand analysis are in addition led.
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North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa have been identified at the prominent regional markets for High-End Lighting in the research study. The market report presents a study of the current status of these regional markets on the basis of various significant market verticals such as the industrial volume, the product estimating, the manufacturing volume, the dynamics of demand and supply, revenue, and the growth rate of this market in each of the regions.
Players in the Global High-End Lighting Market are continuously striving for modernization. Technology is being sought after both in the engineering process and in terms of product features. The market is dynamic in nature and this is inspiring testing requirements as well as the development of high-performance equipment, furthering the growth prospects of the market.
Having discussed the growth drivers and restraints and presented a detailed segmentation of the High-End Lighting market, the report goes on to delve into its competitive landscape. To do so, it influences market-leading methodical tools to understand the prospects and drawbacks that is in store for the players. It also throws light on the different strategies exercised by companies in order to succeed.
Table of Content:
Chapter 1 High-End Lighting Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis