Worldwide Luminaire Market, by application, Trends, Analysis and Forecasts to 2019

(IT-NEWSWIRE.COM, May 27, 2017 ) The general lighting market forms the biggest sector of the lighting industry, followed by automotive lighting and backlighting. The general lighting market can be classified into light source used for replacement, luminaires, and control systems. Fixtures, ballasts, and light source constitute luminaires. The luminaire market includes lighting applications for residential, commercial, industrial, architectural, and outdoor purposes. The commercial and residential segments are the major drivers for the luminaire market. The luminaire comes in two types: traditional and LED. The traditional lightings are categorized into CFL, fluorescent, halogen, and incandescent. The traditional lighting market will see a decline in the sales because of the rising popularity of LED technology.

Publisher predicts that the global luminaire market to grow at a CAGR of 2.07% over the period 2014-2019.

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This report covers the present scenario and growth prospects of the global luminaire market during 2015-2019. The report covers the technology landscape of the general lighting industry and an overview of supply chain and value chain of LED luminaire products. The report also categorizes the market on the following basis:

- By application: architecture segment, commercial segment, industrial segment, outdoor segment, and residential segment
- By technology: CFL, fluorescent, halogen, incandescent, and LED (LED integrated and LED replacement)

The report is based on an in-depth market analysis, with inputs from industry experts. It also discusses the key vendors operating in this market. The report focuses on the market landscape and its growth prospects in the coming years. It also focuses on the demand patterns from different geographies: APAC, Americas (North America and Latin America), and EMEA (Eastern Europe, Western Europe, and rest of EMEA) for the forecast period. The report also includes a case study discussing the overall cost, i.e., acquisition cost and operational cost of LED luminaire, CFL luminaire, and halogen luminaire used as down lighter.

Key regions
- Americas
- APAC
- EMEA

Key vendors
- Acuity Brands Lighting
- Advanced Lighting Technologies
- Bajaj Electricals
- General Electric
- Koninklijke Philips

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Key market driver
- Increase in population and urbanization
- For a full, detailed list, view our report

Key market challenge
- Long payback period
- For a full, detailed list, view our report

Key market trend
- High import duties on luminaire components
- For a full, detailed list, view our report

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Worldwide Luminaire Market, by application, Trends, Analysis and Forecasts to 2019