Global Lighting Fixtures Market Insights and Forecast to 2026

In this report, the Global Lighting Fixtures market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2026, growing at a CAGR of XX% between 2019 and 2026. Global Lighting Fixtures market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.

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A light fixture, light fitting, or luminaire is an electrical device that contains an electric lamp that provides illumination. All light fixtures have a fixture body and one or more lamps. The lamps may be in sockets for easy replacement—or, in the case of some LED fixtures, hard-wired in place.

A significant number of industries are currently in a transitory phase towards improving power consumption to work performed ratios. One of the core methods to reduce power consumption is through the implementation of modern and efficient lighting fixtures. As a result, industries switching over from incandescent and fluorescent lighting to modern LED lighting offer the biggest driver to lighting fixture producers.

Additional drivers include the booming construction industry and the overall increase in population and disposable income across the world and especially in emerging economies. There is, however, a high initial investment required for new entrants to the lighting fixture production business. At the same time, the multiple number of members involved in making an end-user purchase decision add to the complexity of the buying process, thereby restraint the growth rate of lighting fixture players to a certain extent.

Market Analysis and Insights: Global Lighting Fixtures Market

The global Lighting Fixtures market size is projected to reach US$ 167370 million by 2026, from US$ 160580 million in 2020, at a CAGR of 3.9%% during 2021-2026.

Global Lighting Fixtures Scope and Segment

Lighting Fixtures market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Lighting Fixtures market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2015-2026.

The following manufacturers are covered in this report:

Acuity Brands, Inc.

Cooper Lighting, LLC

General Electric Company

Hubbell Lighting, Inc.

Juno Lighting Group

Koninklijke Philips N.V.

LSI Industries Inc.

OSRAM Licht AG

Panasonic Corporation Eco Solution Company

Zumtobel Lighting GmbH

Lighting Fixtures Breakdown Data by Type

Ceiling, Pendant and Chandelier Lighting Fixtures

Wall Mounted Market Lighting Fixtures

Recessed Market Lighting Fixtures

Portable Market Lighting Fixtures

High Bay and Low Bay Lighting Fixtures

Others (Automotive, Aerospace and Machinery) Lighting Fixtures

Lighting Fixtures Breakdown Data by Application

Industrial and Commercial

Residential

Outdoor

Architectural

Others (Automotive, Aerospace and Machinery)

Regional and Country-level Analysis

The Lighting Fixtures market is analysed and market size information is provided by regions (countries).

The key regions covered in the Lighting Fixtures market report are North America, Europe, China and Japan. It also covers key regions (countries), viz, the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.

The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of production capacity, price and revenue for the period 2015-2026.

Competitive Landscape and Lighting Fixtures Market Share Analysis

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