Market Study Report adds 2017-2024 Global Lamp market report that offers an exhaustive coverage of the industry with brief analysis, data charts, figures, statistics that help take business decisions, company profiles and more.

Selbyville, DE -- (SBWire) -- 10/30/2018 --Lamps are required in a wide variety of applications such as residential, hospitality, commercial, roadways, etc. Government initiatives for increasing lighting facilities in rural areas have increased the overall lamp market demand. The usage of CFLs has increased in commercial and residential sectors as they have replaced incandescent bulbs that are banned in most regions owing to the excessive mercury content. Lamp Market size will surpass USD 18 billion by 2024, according to a new research report. The global shipments in 2016 were 32 billion units.

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Halogen lamps are widely used in projector bulbs in automobiles owing to their low replacement costs and lesser energy consumption as compared to incandescent bulbs. These bulbs are being increasingly used as a replacement of incandescent bulbs, which are banned in various regions. Rising usage and reliability on these bulbs have fueled the lamp market growth.

Fluorescent and halogen lamps are among the most widely used lighting sources. Modern fluorescent bulbs provide a cost-effective solution for both private and commercial uses. Moreover, they uniformly distribute the light and are featured with long service life, high luminous efficacy, low energy consumption, and superior reliability. Substitution of fluorescent bulbs with advanced LEDs will drastically decrease the demand for raw materials such as Europium and Yttrium.

The electrical discharge segment growth is attributed to the rising adoption of fluorescent bulbs across various applications. These fluorescent lamps are available in various lumen packages and wattage, which enables consumers to vary the light power and output to accurate load requirements to fulfill the stringent energy codes.

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Residential applications are anticipated to witness high adoption rates due to the increasing demand for cost-effective lighting systems in households. The increasing inclination of consumers towards energy-efficient lighting products, such as HIDs and fluorescent lamps, will further impact the lamp market demand. Consumers are also focusing on the lighting design and adopting various electric lighting approaches to optimize the circulation of light inside their homes.

Rising expenditure on construction and the demand for energy-efficient lighting systems are anticipated to drive the Asia Pacific lamp market. The presence of various manufacturers will also impact the industry. The need for efficient lighting systems for surgical purposes due to a large aging population base will escalate the demand for bulbs in the region.

The global lamp market is highly fragmented with players launching a variety of products. Mergers, collaborations, and partnerships are key strategies adopted by industry players.

Table of Contents

Chapter 3 Lamp Industry Insights
3.1 Industry segmentation
3.2 Industry size and forecast, 2013 - 2024
3.3 Industry ecosystem analysis
3.3.1 Distribution channel analysis
3.3.2 Vendor matrix
3.4 Technology & innovation landscape
3.4.1 Preference of traditional lamps over LEDs
3.4.2 High efficiency ballasts
3.4.3 Motion sensing lights
3.5 Raw material analysis
3.6 Regulatory landscape
3.6.1 U.S.
3.6.1.1 NEMA LSD 73-2015
3.6.1.2 Phasing out incandescent bulbs
3.6.2 EU
3.6.3 Ban on the use of mercury
3.6.4 China
3.6.4.1 Subsidies for fluorescent lamps
3.7 Pricing analysis
3.7.1 Regional pricing trends
3.7.2 Cost structure analysis
3.8 Industry impact forces
3.8.1 Growth drivers
3.8.1.1 Adoption in varied applications
3.8.1.2 Increased reliability on traditional lamps
3.8.2 Industry pitfalls and challenges
3.8.2.1 High energy consumption cost as compared to LEDs
3.8.2.2 Government initiatives for adoption of LED lights
3.9 Innovation & Sustainability
3.10 Growth potential analysis
3.11 Porter's analysis
3.12 Competitive landscape, 2016
3.12.1 Strategy dashboard
3.12.2 Business models
3.13 PESTEL analysis
Chapter 4 Lamp Market, By Product
4.1 Lamp market share, by product, 2016 & 2024
4.2 Electrical Discharge Lamps
4.2.1 Market estimates and forecast, by region, 2013-2024
4.2.2 Fluorescent lamps
4.2.2.1 Market estimates and forecast, by region, 2013 – 2024
4.2.3 High density discharge lamps
4.2.3.1 Market estimates and forecast, by region, 2013 – 2024
4.3 Filament Lamps
4.3.1 Market estimates and forecast, by region, 2013-2024
4.3.2 Incandescent Lamps
4.3.2.1 Market estimates and forecast, by region, 2013 – 2024
4.3.3 Halogen Lamps
4.3.3.1 Market estimates and forecast, by region, 2013 – 2024
Chapter 5 Lamp Market, By Application
5.1 Lamp market share, by application, 2016 & 2024
5.2 Indoor Use
5.2.1 Market estimates and forecast, by region, 2013-2024
5.2.2 Residential
5.2.2.1 Market estimates and forecast, by region, 2013-2024
5.2.3 Commercial
5.2.3.1 Market estimates and forecast, by region, 2013-2024
5.2.3.2 Retail
5.2.3.2.1 Market estimates and forecast, by region, 2013-2024
5.2.3.3 Hospitality
5.2.3.3.1 Market estimates and forecast, by region, 2013-2024
5.2.3.4 Healthcare
5.2.3.4.1 Market estimates and forecast, by region, 2013-2024

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