$ 39.06 Bn growth opportunity in Global General Lighting Market 2021-2025 | COVID-19 Analysis, Drivers, Restraints, Opportunities, and Threats | 17,000+ Technavio Research Reports

NEW YORK, Sept. 14, 2021 /PRNewswire/ — The general lighting market is expected to grow by USD 39.06 billion during…

NEW YORK, Sept. 14, 2021 /PRNewswire/ — The general lighting market is expected to grow by USD 39.06 billion during 2021-2025. However, the growth momentum is expected to decelerate at a CAGR of over 6% during the forecast period. Factors such as the declining manufacturing cost of LEDs, the growing adoption of energy-efficient lighting technologies, and strong government support and incentive programs will be propelling the market growth. However, high import duties will hamper the market growth.

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General Lighting Market: Product Landscape

Based on the product, the market witnessed maximum growth in the LED lighting segment. The market growth in this segment will be significant during the forecast period.

General Lighting Market: Geographic Landscape

By geography, APAC is going to have a lucrative growth during the forecast period. About 50% of the market’s overall growth is expected to originate from APAC. China and Japan are the key markets for general lighting in APAC.

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Related Reports on Industrials Include:

Global Architectural Lighting Market
– Global architectural lighting market is segmented by product (lamps and luminaires), light source (LED lighting and traditional lighting), and geography (APAC, North America, Europe, South America, and MEA).

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Global Decorative Lighting Market – Global decorative lighting market is segmented by product (ceiling, wall-mounted, and others), distribution channel (offline and online), and geography (APAC, Europe, North America, South America, and MEA).

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Companies Covered:

  • Acuity Brands Inc.
  • Advanced Lighting Technologies LLC
  • Dialight Plc
  • Eaton Corporation Plc
  • General Electric Co.
  • Lumens Co. Ltd.
  • OSRAM GmbH
  • Panasonic Corp.
  • Schneider Electric SE
  • Signify NV

What our reports offer:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers market data for 2020, 2021, until 2025
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Key Topics Covered:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 – 2025

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • LED lighting – Market size and forecast 2020-2025
  • Traditional lighting – Market size and forecast 2020-2025
  • Market opportunity by Product

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Residential – Market size and forecast 2020-2025
  • Commercial – Market size and forecast 2020-2025
  • Outdoor – Market size and forecast 2020-2025
  • Industrial – Market size and forecast 2020-2025
  • Others – Market size and forecast 2020-2025
  • Market opportunity by Application

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • North America – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Acuity Brands Inc.
  • Advanced Lighting Technologies LLC
  • Dialight Plc
  • Eaton Corporation Plc
  • General Electric Co.
  • Lumens Co. Ltd.
  • OSRAM GmbH
  • Panasonic Corp.
  • Schneider Electric SE
  • Signify NV

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

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