In this report, the global lighting fixtures market is segmented on the basis of type, light source, application and regions. Type segment is further segmented into architecture and commercial lighting, decorative and residential lighting, industrial lighting and outdoor lighting. Outdoor lighting segment was valued US$ 6,387.7 Mn in 2016 and is expected to grow tremendously at US$ 20,548.0 by the end of 2025. In terms of value, the architectural and commercial lighting segment is ... Read more
The global market for lighting fixtures is estimated to reach a market size of over US$ 76 Billion all through 2025, up from a market value of over US$ 25.8 Billion during 2017. Increased penetrations in LED lighting, as well as the need for smart fixtures, are the major aspects anticipated to fuel the overall growth in revenue terms of the worldwide market for lighting fixtures. The market will ... Read more
The global market for lighting fixtures is estimated to reach a market size of over US$ 76 Billion all through 2025, up from a market value of over US$ 25.8 Billion during 2017. Increased penetrations in LED lighting, as well as the need for smart fixtures, are the major aspects anticipated to fuel the overall growth in revenue terms of the worldwide market for lighting fixtures. The market will be recording a healthy 14.2% CAGR all through the calculated period.
The vendor landscape of the global market for lighting fixtures features a highly fragmented vendor landscape owing to the presence of a large number of companies, observes Transparency Market Research in a recent report. With nearly 90% of the market held by regional players, international vendors operating amid an intense level of competition are resorting to strategic collaborations as a way of gaining foothold in lucrative regional markets. Ploughing in resources into research and ... Read more
The global market for lighting fixturesis estimated to reach a market size of over US$ XX Billion all through 2027, up from a market value of over US$ XX Billion during 2017. Increased penetrations in LED lighting, as well as the need for smart fixtures, are the major aspects anticipated to fuel the overall growth in revenue terms of the worldwide market for lighting fixtures. The market will ... Read more
A) Market Overview:
The global lighting fixtures market is estimated to reach a value of US$218.71 billion in 2021 and is projected to grow at a CAGR of 10.1% during the forecast period of 2023-2030, according to a new report by Coherent Market Insights. Lighting fixtures play a crucial role in enhancing the aesthetics and functionality of residential, commercial, and industrial spaces. These fixtures provide better energy efficiency, ... Read more
