Lighting Market 2019 Recent Study of Business Strategies Detailed Profiles of Top Industry Players like GE Lighting, Koninklijke Philips N.V., Panasonic Corporation, OSRAM Licht AG and Others

A report by Acumen Research and Consulting estimated that the Lighting Market will surpass $156.8 billion by 2026, representing an average annual growth rate of 4.8 percent from 2019 to 2026.

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The Asia Pacific dominated the global lighting market in the year 2018. Different huge purposes behind the predominance of Asia Pacific are due to the increasing regional population and the demand for lighting equipment in residential, commercial, and industrial sectors. Furthermore, this region is also expected to grow substantially in the forecast period because of continuously increasing demand for innovative, durable, and reasonable lighting equipment. There are multiple registered and unregistered players that are manufacturing and providing lights to customers. In the Asia Pacific, China will hold the largest market share, because of the fragmentation of the market by many vendors. In addition, China also exports its lighting products to different countries. Moreover, a growing population is also another factor that is driving the lighting market growth in the region. Therefore, Asia Pacific will dominate the market in the forecast period, followed by Europe and North America. In the Middle East and Africa, the governments of countries, such as Saudi Arabia, the UAE, and Qatar are operating continuously in improving their infrastructure by creating huge investments.

This strategy of these governments is allowing light manufacturing companies to offer their products with reasonable pricing and durability to the customers. Also, this is allowing grabbing the government contracts for developing commercial and public sectors. Furthermore, Latin America is expected to grow moderately, because of the slow adoption of lighting technologies in the region. Moreover, there are fewer light manufacturing companies present in Latin America, which is also influencing the market growth in the region.

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Lighting Market (By Lighting Type: LEDs, CFLs, sLFLs, HIDs, Halogens, Incandescent; By Application: General Lighting, Automotive Lighting, Backlighting, Others; By End User: Residential, Commercial, Industrial) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

North America is expected to register the highest CAGR during the forecast period. The companies operating in North America have witnessed an increase in sales of led lighting products in the last 2 years; the revenue was primarily generated from the U.S. customers. However, the cost of led lights in the region is anticipated to increase slightly owing to the trade tensions between U.S. and China, as it would cause an increase in raw material prices thereby increasing the end product cost.

Residential segment has dominated the lighting segment in the year 2018 and the segment is projected to maintain its dominance over the forecast period. The demand for led offers and down lights is driving growth of residential lighting. The residential application consists of portable plug-in fixtures like table lamps, pendants, and floor lamps as well as permanently installed fixtures such as under cabinet lights and recessed sconces. It also includes guest houses/bed-and-breakfast accommodation and small-scale home office lightings that are analogous in structure to residential houses. Such factors influence the demand for the lighting solutions in the residential sector during the forecast period.

Based on application, the led lighting market has been divided into general lighting, automotive lighting, backlighting, and others. The general lighting segment emerged as the largest segment in 2018 and estimated to highly dominating market during the forecast period. The growth of the market is primarily influenced by the continue need of the product in the residential sectors. Moreover, the automotive lightingsegment is expected to hold the highest growth rate in the market during the forecast period owing to increase in demand for consumer comfort and safety in the vehicles. GE Lighting, OSRAM Licht AG, and Schneider Electric SE are primarily focused on the development of the lighting solutions to meet the requirement across the end-use applications.

Some of the key manufacturing companies include in the global lighting market are GE Lighting, Koninklijke Philips N.V., Panasonic Corporation, OSRAM Licht AG, Schneider Electric SE, Cree, Inc., CITIZEN ELECTRONICS CO. LTD, Lumerica, LED tronicsInc, and Acuity Brands Inc.

Some of the key observations regarding global lighting industry include:

  • For instance, in March 2018, Samsung electronics Co. Ltd announced the launch of H influx, a linear module that uses the company’s led chip package LM301B. H influx is specially designed for lighting applications in factories, warehouses, and covered parking lots.
  • Also, in January 2018, Sharp Corporation and Universal display Corporation entered into an extended and updated evaluation agreement. Under the agreement, Universal display will supply its proprietary Universal PHOLED phosphorescent OLED materials and technology to the Sharp Corporation for usage in the company’s OLED displays.
  • In May 2018, Cree expanded its SmartCast intelligence platform, with various features, like the wireless enabling smart building solutions catering to the rising demand from IoT. This is likely to boost its presence and foster monetary growth.

Market Segmentation

Market By Lighting Type

  • LEDs
  • CFLs
  • sLFLs
  • HIDs
  • Halogens
  • Incandescent

Market By Application

  • General Lighting
  • Automotive Lighting
  • Backlighting
  • Others

Market By End User

  • Residential
  • Commercial
  • Industrial

Market By Geography

North America

  • U.S.
  • Canada

Europe

  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe

Asia-Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Mexico
  • Brazil
  • Rest of Latin America

Middle East & Africa

  • GCC
  • South Africa
  • Rest of MEA

Key Questions Answered in the Report

The report addresses key questions concerning the market evolution and overarching trends shaping global market growth. Some of the key questions answered in the report include-

- What is the overall structure of the market?

- What was the historical value and what is the forecasted value of the market?

- What are the key product level trends in the market?

- What are the market level trends in the market?

- Which of the market players are leading and what are their key differential strategies to retain their stronghold?

- Which are the most lucrative regions in the market space?

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TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Lighting
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Lighting Market By Lighting Type
1.2.2.1. Global Lighting Market Revenue and Growth Rate Comparison By Lighting Type(2015-2026)
1.2.2.2. Global Lighting Market Revenue Share By Lighting Type in 2018
1.2.2.3. LEDs
1.2.2.4. CFLs
1.2.2.5. sLFLs
1.2.2.6. HIDs
1.2.2.7. Halogens
1.2.2.8. Incandescent
1.2.3. Lighting Market By Application
1.2.3.1. Global Lighting Market Revenue and Growth Rate Comparison By Application(2015-2026)
1.2.3.2. Global Lighting Market Revenue Share By Application in 2018
1.2.3.3. General Lighting
1.2.3.4. Automotive Lighting
1.2.3.5. Backlighting
1.2.3.6. Others
1.2.4. Lighting Market By End User
1.2.4.1. Global Lighting Market Revenue and Growth Rate Comparison By End User (2015-2026)
1.2.4.2. Global Lighting Market Revenue Share By End User in 2018
1.2.4.3. Residential
1.2.4.4. Commercial
1.2.4.5. Industrial
1.2.5. Lighting Market By Geography
1.2.5.1. Global Lighting Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.5.2. North America Lighting Market Revenue and Growth Rate(2015-2026)
1.2.5.3. Europe Lighting Market Revenue and Growth Rate(2015-2026)
1.2.5.4. Asia-Pacific Lighting Market Revenue and Growth Rate(2015-2026)
1.2.5.5. Latin America Lighting Market Revenue and Growth Rate(2015-2026)
1.2.5.6. Middle East and Africa (MEA) Lighting Market Revenue and Growth Rate(2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Application and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2018
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING LIGHTING ANALYSIS
3.1. Capacity and Commercial Production Date of Global Lighting Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global Lighting Major Manufacturers in 2018
3.3. R&D Status and Technology Source of Global Lighting Major Manufacturers in 2018
3.4. Raw Materials Sources Analysis of Global Lighting Major Manufacturers in 2018

CHAPTER 4. LIGHTING MARKET BY LIGHTING TYPE
4.1. Global Lighting Revenue By Lighting Type
4.2. LEDs
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. CFLs
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. sLFLs
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.5. HIDs
4.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.6. Halogens
4.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.7. Incandescent
4.7.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.7.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 5. LIGHTING MARKET BY APPLICATION
5.1. Global Lighting Revenue By Application
5.2. General Lighting
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Automotive Lighting
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Backlighting
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.5. Others
5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 6. LIGHTING MARKET BY END USER
6.1. Global Lighting Revenue By End User
6.2. Residential
6.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.3. Commercial
6.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.4. Industrial
6.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 7. NORTH AMERICA LIGHTING MARKET BY COUNTRY
7.1. North America Lighting Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. North America Lighting Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. U.S.
7.3.1. U.S. Lighting Market Revenue and Forecast By Lighting Type, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.3.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Lighting Type, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.4.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)

CHAPTER 8. EUROPE LIGHTING MARKET BY COUNTRY
8.1. Europe Lighting Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Europe Lighting Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Lighting Type, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.3.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Lighting Type, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.4.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Lighting Type, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.5.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Lighting Type, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.6.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Lighting Type, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.7.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)

CHAPTER 9. ASIA-PACIFIC LIGHTING MARKET BY COUNTRY
9.1. Asia-Pacific Lighting Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Asia-Pacific Lighting Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Lighting Type, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.3.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Lighting Type, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.4.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Lighting Type, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.5.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Lighting Type, 2015 - 2026 ($Million)
9.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.6.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Lighting Type, 2015 - 2026 ($Million)
9.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.7.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Lighting Type, 2015 - 2026 ($Million)
9.8.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.8.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)

CHAPTER 10. LATIN AMERIC ALIGHTING MARKET BY COUNTRY
10.1. Latin America Lighting Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Latin America Lighting Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Lighting Type, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.3.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Lighting Type, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.4.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Lighting Type, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.5.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)

CHAPTER 11. MIDDLE EAST & AFRICA LIGHTING MARKET BY COUNTRY
11.1. Middle East & Africa Lighting Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Middle East & Africa Lighting Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Lighting Type, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.3.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Lighting Type, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.4.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
11.5. Rest of Middle East & Africa
11.5.1. Market Revenue and Forecast By Lighting Type, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.5.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)

CHAPTER 12. COMPANY PROFILE
12.1. GE Lighting
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Type Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Koninklijke Philips N.V.
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Type Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Koninklijke Philips N.V.
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Type Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. OSRAM Licht AG
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Type Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Schneider Electric SE
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Type Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Cree, Inc.
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Type Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. CITIZEN ELECTRONICS CO. LTD
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Type Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Lumerica
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Type Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. LEDtronicsInc
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Type Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Acuity Brands Inc.
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Type Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. Others
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Type Portfolio
12.11.5. Key Developments
12.11.6. Strategies

CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope

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