Global Lighting Fixtures and Luminaires Industry – GlobeNewswire

New York, July 07, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Lighting Fixtures and Luminaires Industry" - https://www.reportlinker.com/p02438202/?utm_source=GNW 7 Billion by 2027, growing at a CAGR of 3.8% over the analysis period 2020-2027.Non-Portable, one of the segments analyzed in the report, is projected to grow at a 4.1% CAGR to reach US$84 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Portable segment is readjusted to a revised 2.3% CAGR for the next 7-year period. This segment currently accounts for a 11.8% share of the global Lighting Fixtures and Luminaires market.

The U.S. Accounts for Over 27% of Global Market Size in 2020, While China is Forecast to Grow at a 6.9% CAGR for the Period of 2020-2027 The Lighting Fixtures and Luminaires market in the U.S. is estimated at US$23 Billion in the year 2020. The country currently accounts for a 26.97% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$23.6 Billion in the year 2027 trailing a CAGR of 6.9% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.2% and 2.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2% CAGR while Rest of European market (as defined in the study) will reach US$23.6 Billion by the year 2027.

Parts & Accessories Segment Corners a 13.9% Share in 2020 In the global Parts & Accessories segment, USA, Canada, Japan, China and Europe will drive the 2.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$8.9 Billion in the year 2020 will reach a projected size of US$10.9 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$15.6 Billion by the year 2027, while Latin America will expand at a 4.3% CAGR through the analysis period. We bring years of research experience to this 16th edition of our report. The 583-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

-Competitors identified in this market include, among others,

Read the full report: https://www.reportlinker.com/p02438202/?utm_source=GNW

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW Lighting Fixtures and Luminaires: ?Shaping? the Future of Energy Efficient Lighting Technologies Recent Market Activity Bright Prospects Ahead for World Lighting Fixtures & Luminaires Market Developing Asian Countries Drive Current and Future Market Growth Developed Regions Continue to Generate Significant Opportunities Innovations & Advancements: Prime Force Directing the Market Progress Growth for Luminaires Surpasses Lamps in the Global Market for Lighting Equipment Global Competitor Market Shares Lighting Fixtures and Luminaires Competitor Market Share Scenario Worldwide (in %): 2020 & 2029 Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS Acuity Brands Lighting, Inc. (USA) American Electric Lighting (USA) Holophane, Inc. (USA) Juno Lighting Group (USA) Lithonia Lighting Company (USA) Amerlux, LLC (USA) Bajaj Electricals Ltd. (India) Cree, Inc. (USA) Crompton Greaves Ltd. (India) Current, Powered by GE (USA) Eaton Corporation plc (Ireland) ELK Group International, Inc. (USA) Thomas Lighting (USA) Fagerhults Belysning AB (Sweden) Feilo Sylvania (UK) FW Thorpe Plc (UK) Havells India Limited (India) Hella KGaA Hueck & Co. (Germany) Hubbell Lighting, Inc. (USA) Koito Manufacturing Company Ltd. (Japan) LEDvance GmbH (Germany) LSI Industries, Inc. (USA) Lutron Electronics Co., Inc. (USA) NVC (Huizhou) Lighting Technology Corporation (China) OMS, a.s. (Slovakia) Opple Lighting (China) Osram GmbH (Germany) Panasonic Corporation (Japan) PhotonStar LED Ltd. (UK) Schrder Group GIE (Belgium) Signify N.V. (The Netherlands) Color Kinetics (USA) Strand Lighting (USA) Targetti Sankey S.p.A. (Italy) TCP International Holdings Ltd. (Switzerland) Toshiba Lighting & Technology Corporation (Japan) TRILUX GmbH & Co. KG (Germany) Venture Lighting International, Inc. (USA) Zumtobel Group AG (Austria) Thorn Licht GmbH (Germany)

3. MARKET TRENDS & DRIVERS Surging Demand for LED Lighting Emerges as the Fundamental Growth Driver LED Lamps and Luminaires Penetration Varies Across General Lighting Segments General Lighting Segments: Key Factors Impacting LED Adoption LED Luminaires Uptake in Commercial Buildings to Increase Wider Uptake of LED Lighting in Industrial Facilities Drives Demand for Industrial LED Luminaires Efficiency Requirements Boost LED Luminaires Demand Strong Growth Predicted for LED Luminaires Over the Next Few Years LED Outdoor Luminaires are Poised for Rapid Penetration LED Lamps and Luminaires Adoption Faster in Countries with High Power Costs Future Trends in LED Lighting and Luminaires Market Energy Efficient OLED Luminaires to Witness Increased Adoption Favorable Government Policies Spur Adoption of Energy Efficient Lamps and Luminaires Growing Proliferation of Smart Lighting, Connected Home Technology and Digitization Drive Healthy Market Growth Booming Smart Lighting Market Drives Strong Demand for Intelligent Luminaires Luminaires: The Media of Choice for Enabling the IoT Technology Connected, Embedded, and Sustainable Lighting Drive Enormous Changes in Luminaire Design and Functionality A Brief Review of Select Recently Launched Smart Lighting Solutions Lighting Controls in Fixtures Offer Higher Savings, Energy Efficiency, and Space Efficiency, Augurs Well for Market Expansion Controls for Connected, Intelligent, and Advanced LED Luminaries Robust Growth Opportunities in Industrial Applications Modernization Initiatives Spur Demand for Industrial Luminaires Key Determinants for Lighting Solutions in Industrial Spaces Lighting Technologies for Industrial Spaces: Features, Rated Hours and Applications Industrial & High Baby Lighting Markets: The Most Challenging, Yet Lucrative Applications Stylish and Decorative Luminaires in a Variety of Sizes and Shapes Drive Market Growth for Architectural Fixtures A Brief Review of Latest Architectural Lighting Design Trends Sculptural Lighting Fixtures Stand to Make Gains Construction Activity: A Key Demand Determinant Healthy Momentum in World Construction Sector Offers Bright Prospects Construction Industry Statistical Snapshot Home Decor Trends Drive the Portable Lighting Fixtures Market Automotive Remains A Core End-Use Sector for Lighting Luminaires Stable Automobile Production Bodes Well for Vehicular Lighting Fixtures Positive Demographic and Socio-Economic Trends Strengthen Market Prospects Urbanization Trend Burgeoning Middle Class Population Rising Standards of Living Favorable Economic Scenario Continuous Innovation: Primary Market Characteristic Interior Lighting Design Trends Influence Indoor Luminaires Innovations Review of Select Interior Lighting Design Trends A Review of Select Luminaires Innovations Novel Tracklights that Offer Optimal Flexibility Irrespective of Project Application Other Recent Innovative Fixture and

4. GLOBAL MARKET PERSPECTIVE Table 1: Lighting Fixtures and Luminaires Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027

Table 2: Lighting Fixtures and Luminaires Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019

Table 3: Lighting Fixtures and Luminaires Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027

Table 4: Non-Portable (Product Segment) World Market by Region/Country in US$ Million: 2020 to 2027

Table 5: Non-Portable (Product Segment) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019

Table 6: Non-Portable (Product Segment) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027

Table 7: Portable (Product Segment) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027

Table 8: Portable (Product Segment) Historic Market Perspective by Region/Country in US$ Million: 2012 to 2019

Table 9: Portable (Product Segment) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027

Table 10: Parts & Accessories (Product Segment) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027

Table 11: Parts & Accessories (Product Segment) Region Wise Breakdown of Global Historic Demand in US$ Million: 2012 to 2019

Table 12: Parts & Accessories (Product Segment) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027

Table 13: Residential Lighting (End-Use) Demand Potential Worldwide in US$ Million by Region/Country: 2020-2027

Table 14: Residential Lighting (End-Use) Historic Sales Analysis in US$ Million by Region/Country: 2012-2019

Table 15: Residential Lighting (End-Use) Share Breakdown Review by Region/Country: 2012 VS 2020 VS 2027

Table 16: Automotive Lighting (End-Use) Worldwide Latent Demand Forecasts in US$ Million by Region/Country: 2020-2027

Table 17: Automotive Lighting (End-Use) Global Historic Analysis in US$ Million by Region/Country: 2012-2019

Table 18: Automotive Lighting (End-Use) Distribution of Global Sales by Region/Country: 2012 VS 2020 VS 2027

Table 19: Office Lighting (End-Use) Sales Estimates and Forecasts in US$ Million by Region/Country for the Years 2020 through 2027

Table 20: Office Lighting (End-Use) Analysis of Historic Sales in US$ Million by Region/Country for the Years 2012 to 2019

Table 21: Office Lighting (End-Use) Global Market Share Distribution by Region/Country for 2012, 2020, and 2027

Table 22: Outdoor Lighting (End-Use) Global Opportunity Assessment in US$ Million by Region/Country: 2020-2027

Table 23: Outdoor Lighting (End-Use) Historic Sales Analysis in US$ Million by Region/Country: 2012-2019

Table 24: Outdoor Lighting (End-Use) Percentage Share Breakdown of Global Sales by Region/Country: 2012 VS 2020 VS 2027

Table 25: Architectural Lighting (End-Use) Worldwide Sales in US$ Million by Region/Country: 2020-2027

Table 26: Architectural Lighting (End-Use) Historic Demand Patterns in US$ Million by Region/Country: 2012-2019

Table 27: Architectural Lighting (End-Use) Market Share Shift across Key Geographies: 2012 VS 2020 VS 2027

Table 28: Other End-Uses (End-Use) Global Market Estimates & Forecasts in US$ Million by Region/Country: 2020-2027

Table 29: Other End-Uses (End-Use) Retrospective Demand Analysis in US$ Million by Region/Country: 2012-2019

Table 30: Other End-Uses (End-Use) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES Market Facts & Figures US Lighting Fixtures and Luminaires Market Share (in %) by Company: 2020 & 2025 Market Analytics Table 31: United States Lighting Fixtures and Luminaires Market Estimates and Projections in US$ Million by Product Segment: 2020 to 2027

Table 32: Lighting Fixtures and Luminaires Market in the United States by Product Segment: A Historic Review in US$ Million for 2012-2019

Table 33: United States Lighting Fixtures and Luminaires Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027

Table 34: United States Lighting Fixtures and Luminaires Latent Demand Forecasts in US$ Million by End-Use: 2020 to 2027

Table 35: Lighting Fixtures and Luminaires Historic Demand Patterns in the United States by End-Use in US$ Million for 2012-2019

Table 36: Lighting Fixtures and Luminaires Market Share Breakdown in the United States by End-Use: 2012 VS 2020 VS 2027

CANADA Table 37: Canadian Lighting Fixtures and Luminaires Market Estimates and Forecasts in US$ Million by Product Segment: 2020 to 2027

Table 38: Canadian Lighting Fixtures and Luminaires Historic Market Review by Product Segment in US$ Million: 2012-2019

Table 39: Lighting Fixtures and Luminaires Market in Canada: Percentage Share Breakdown of Sales by Product Segment for 2012, 2020, and 2027

Table 40: Canadian Lighting Fixtures and Luminaires Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027

Table 41: Lighting Fixtures and Luminaires Market in Canada: Summarization of Historic Demand Patterns in US$ Million by End-Use for 2012-2019

Table 42: Canadian Lighting Fixtures and Luminaires Market Share Analysis by End-Use: 2012 VS 2020 VS 2027

JAPAN Table 43: Japanese Market for Lighting Fixtures and Luminaires: Annual Sales Estimates and Projections in US$ Million by Product Segment for the Period 2020-2027

Table 44: Lighting Fixtures and Luminaires Market in Japan: Historic Sales Analysis in US$ Million by Product Segment for the Period 2012-2019

Table 45: Japanese Lighting Fixtures and Luminaires Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027

Table 46: Japanese Demand Estimates and Forecasts for Lighting Fixtures and Luminaires in US$ Million by End-Use: 2020 to 2027

Table 47: Japanese Lighting Fixtures and Luminaires Market in US$ Million by End-Use: 2012-2019

Table 48: Lighting Fixtures and Luminaires Market Share Shift in Japan by End-Use: 2012 VS 2020 VS 2027

CHINA Table 49: Chinese Lighting Fixtures and Luminaires Market Growth Prospects in US$ Million by Product Segment for the Period 2020-2027

Table 50: Lighting Fixtures and Luminaires Historic Market Analysis in China in US$ Million by Product Segment: 2012-2019

Table 51: Chinese Lighting Fixtures and Luminaires Market by Product Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027

Table 52: Chinese Demand for Lighting Fixtures and Luminaires in US$ Million by End-Use: 2020 to 2027

Table 53: Lighting Fixtures and Luminaires Market Review in China in US$ Million by End-Use: 2012-2019

Table 54: Chinese Lighting Fixtures and Luminaires Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027

EUROPE Market Facts & Figures European Lighting Fixtures and Luminaires Market: Competitor Market Share Scenario (in %) for 2020 & 2025 Market Analytics Table 55: European Lighting Fixtures and Luminaires Market Demand Scenario in US$ Million by Region/Country: 2020-2027

Table 56: Lighting Fixtures and Luminaires Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019

Table 57: European Lighting Fixtures and Luminaires Market Share Shift by Region/Country: 2012 VS 2020 VS 2027

Table 58: European Lighting Fixtures and Luminaires Market Estimates and Forecasts in US$ Million by Product Segment: 2020-2027

Table 59: Lighting Fixtures and Luminaires Market in Europe in US$ Million by Product Segment: A Historic Review for the Period 2012-2019

Table 60: European Lighting Fixtures and Luminaires Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027

Table 61: European Lighting Fixtures and Luminaires Addressable Market Opportunity in US$ Million by End-Use: 2020-2027

Table 62: Lighting Fixtures and Luminaires Market in Europe: Summarization of Historic Demand in US$ Million by End-Use for the Period 2012-2019

Table 63: European Lighting Fixtures and Luminaires Market Share Analysis by End-Use: 2012 VS 2020 VS 2027

FRANCE Table 64: Lighting Fixtures and Luminaires Market in France by Product Segment: Estimates and Projections in US$ Million for the Period 2020-2027

Table 65: French Lighting Fixtures and Luminaires Historic Market Scenario in US$ Million by Product Segment: 2012-2019

Table 66: French Lighting Fixtures and Luminaires Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027

Table 67: Lighting Fixtures and Luminaires Quantitative Demand Analysis in France in US$ Million by End-Use: 2020-2027

Table 68: French Lighting Fixtures and Luminaires Historic Market Review in US$ Million by End-Use: 2012-2019

Table 69: French Lighting Fixtures and Luminaires Market Share Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and 2027

GERMANY Table 70: Lighting Fixtures and Luminaires Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Product Segment for the Period 2020-2027

Table 71: German Lighting Fixtures and Luminaires Historic Market Analysis in US$ Million by Product Segment: 2012-2019

Table 72: German Lighting Fixtures and Luminaires Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027

Table 73: Lighting Fixtures and Luminaires Market in Germany: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2020-2027

Table 74: German Lighting Fixtures and Luminaires Market in Retrospect in US$ Million by End-Use: 2012-2019

Table 75: Lighting Fixtures and Luminaires Market Share Distribution in Germany by End-Use: 2012 VS 2020 VS 2027

ITALY Table 76: Italian Lighting Fixtures and Luminaires Market Growth Prospects in US$ Million by Product Segment for the Period 2020-2027

Table 77: Lighting Fixtures and Luminaires Historic Market Analysis in Italy in US$ Million by Product Segment: 2012-2019

Table 78: Italian Lighting Fixtures and Luminaires Market by Product Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027

Table 79: Italian Demand for Lighting Fixtures and Luminaires in US$ Million by End-Use: 2020 to 2027

Table 80: Lighting Fixtures and Luminaires Market Review in Italy in US$ Million by End-Use: 2012-2019

Table 81: Italian Lighting Fixtures and Luminaires Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027

UNITED KINGDOM Table 82: United Kingdom Market for Lighting Fixtures and Luminaires: Annual Sales Estimates and Projections in US$ Million by Product Segment for the Period 2020-2027

Table 83: Lighting Fixtures and Luminaires Market in the United Kingdom: Historic Sales Analysis in US$ Million by Product Segment for the Period 2012-2019

Table 84: United Kingdom Lighting Fixtures and Luminaires Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027

Table 85: United Kingdom Demand Estimates and Forecasts for Lighting Fixtures and Luminaires in US$ Million by End-Use: 2020 to 2027

Table 86: United Kingdom Lighting Fixtures and Luminaires Market in US$ Million by End-Use: 2012-2019

Table 87: Lighting Fixtures and Luminaires Market Share Shift in the United Kingdom by End-Use: 2012 VS 2020 VS 2027

SPAIN Table 88: Spanish Lighting Fixtures and Luminaires Market Estimates and Forecasts in US$ Million by Product Segment: 2020 to 2027

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Global Lighting Fixtures and Luminaires Industry - GlobeNewswire