Global Trunking System Market Will Grow at a CAGR 7.6% and Reach USD 160 Million by 2023, from USD 100 Million in 2017


Lewes, DE -- (SBWire) -- 10/15/2018 --Trunking System Market will register a 7.6% CAGR in terms of revenue, reach US$ 160 million by 2023, from US$ 100 million in 2017.

Trunking System here refers to LED Trunking Systems. Trunking System is an energy?efficient, low maintenance alternative to traditional linear fluorescent in a variety of industrial, commercial and light assembly applications. It is the optimal solution for conventional lighting systems and also excellent for new installations due to its low installation cost ? everything in one box and installation is tool?less. It saves both time and costs when updating lighting systems. LED trunking system distributes the elegant and uniform light according to different applications like supermarket, retail places, warehouses, offices, lecture halls, play courts, gymnasium, workshops,car parks etc.

Philips accounted for 19.68% of the global Trunking System revenue market share in 2016. Followed players, GE lighting accounted for 10.22%, Havells Sylvania (Shanghai Feilo Acoustics) accounted for 6.10%.

Global giant manufactures mainly distributed in Europe. They have unshakable status in this field. The key product markets locate at Europe. Europe takes the market share of 49.56% in 2016.

The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product's types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.

Over the next five years, Study projects that Trunking System will register a 7.6% CAGR in terms of revenue, reach US$ 160 million by 2023, from US$ 100 million in 2017.

This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
Philips Lighting Holding
GE lighting
Havells Sylvania (Shanghai Feilo Acoustics)
Siteco Beleuchtungstechnik GmbH (OSRAM)
Zumtobel Group
TRILUX Group Management GmbH
Aura Light International
Luxon LED
Thorlux Lighting (F.W. Thorpe Plc Group)

Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)

Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Narrow Distribution
Wide Distribution

Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into

Spanning over 122 pages "Forecast of Global Trunking System Players Market 2023" report covers Trunking System Market Overview, Global Trunking System Sales, Revenue (Value) and Market Share by Players, Global Trunking System Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Trunking System Sales, Revenue and Price, Europe Top 5 Players Trunking System Sales, Revenue and Price, Asia-Pacific Top 5 Players Trunking System Sales, Revenue and Price, South America Top 5 Players Trunking System Sales, Revenue and Price, Middle East & Africa Top 5 Players Trunking System Sales, Revenue and Price, Global Trunking System Players Profiles/Analysis, Global Trunking System Market Forecast (2018-2023), Trunking System Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.

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