General Lighting Global Market 2018: Key Players – Acuity Brands Inc., Bridgelux Inc., Citizen Electronics Co. Ltd., Cree Inc., Dialight Plc
Description
Wiseguyreports.Com Adds “General Lighting -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023” To Its Research Database
General lighting refers to main lighting in the room or a venue that replaces daylight through lighting control, and hence consumes a lot of electrical energy for its functioning. Thus, energy-saving and ecofriendly lighting technologies are being created to combat exhaustible feedstock used to generate energy. Innovative technologies such as LEDs has transformed the general lighting market to a new level. The major driver for this market is reduced energy consumption, technological advancements and increasing demand in various end-user markets. Already a well-established and vast market globally, the general lighting market is set to generate significant revenues with the growing energy-efficiency
movement and an increasing global population.
Government regulations in relation to lighting products is a key factor influencing the general lighting market. Governments across the globe are aimed at phasing out the use of energy inefficient lights such as incandescent and halogen lamps with their regulations and are focusing at enhancing energyefficiency needs and incentives to building infrastructure. Apart from this, the crucial drivers for this market are increasing LED penetration, increasing LED adoption by high energy-utilization end markets (for instance, architectural, industrial, outdoor, office), swifter LED price erosion and reduced payback period, growing initiatives on improving road and street lighting, and increasing application areas and investments. The market is witnessing intense competition among players who are looking for technological innovations, alliances, and mergers and acquisitions as strategies to expand and retain their market share. The general lighting market revenue was REDACTED in 2016 and is expected to reach nearly REDACTED in 2022, growing at a CAGR of REDACTED during the forecast period.
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The various end-use industry application areas of general lighting market include offices, residential, retail, hospitality, and outdoor and others. The residential sector is the fastest-growing segment in the general lighting end-users market, and it is estimated it will grow at a CAGR of REDACTED from 2017 through 2022. This segment was largest revenue-generating segment in 2016 and is expected to retain its position throughout the forecast period. The second largest position was occupied by the office segment in 2016, owing to the increasing rate of lighting installations to increase the ambience and comfort in office settings. The office segment generated revenue of nearly REDACTED in 2016 and is expected to generate revenue of REDACTED by 2022, growing at a CAGR of REDACTED during the analysis period.
Geographically, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (ROW). North America had the highest revenue in the market in 2016 at REDACTED and it is expected that it will continue to dominate the revenue share with a value of nearly REDACTED in 2022. Since North America is a technologically advanced region, general lighting initially formed a strong base in the region. However, the Asia-Pacific region is expected to offer the best market potential for the growth of the general lighting market, expanding at a CAGR of REDACTED during the forecast period from 2017 through 2022. Emerging nations in this region are experiencing substantial economic growth, which is
expected to drive the growth of the general lighting market during the forecast period.
Since the publication of the last version of this report, SMC097A, there has been a dramatic increase in smart lighting technology (automated controls and more efficient fixtures) worldwide. The five-year CAGR forecast for this update has declined by nearly half to CAGR of REDACTED from 2017-2022). The greatest regional decline in growth will be in North America with a mere REDACTED CAGR from 2017-2022.
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Table of Contents
Chapter 1 Introduction
Chapter 2 Summary and Highlights
Chapter 3 Market and Technology Background
Chapter 4 Market Breakdown by Luminaire Type
Chapter 5 Market Breakdown by Control Components
Chapter 6 Market Breakdown by Fixtures
Chapter 7 Market Breakdown by End-use Industry
Chapter 8 Market Breakdown by Region
Chapter 9 Competitive Analysis
Chapter 10 Patent Review/New Developments
Chapter 11 Company Profiles
ACUITY BRANDS INC.
Overview
Primary Business
Financials
Business Strategies
Developments
ADVANCED LIGHTING TECHNOLOGIES INC.
Overview
Primary Business
Financials
Business Strategies
Developments
BRIDGELUX INC.
Overview
Primary Business
Financials
Business Strategies
Developments
CITIZEN ELECTRONICS CO. LTD.
Overview
Primary Business
Financials
Business Strategies
Developments
CREE INC.
Overview
Primary Business
Financials
Business Strategies
DIALIGHT PLC
Overview
Primary Business
Financials
Business Strategies
Developments
DIGITAL LUMENS
Overview
Primary Business
Financials
Business Strategies
Developments
EATON CORP.
Overview
Primary Business
Financials
Business Strategies
ENERGY FOCUS CO.
Overview
Primary Business
Financials
Business Strategies
Developments
EVERLIGHT ELECTRONICS CO. LTD.
Overview
Primary Business
Financials
Business Strategies
Developments
GENERAL ELECTRIC
Overview
Primary Business
Financials
Business Strategies
Developments
GREEN CREATIVE
Overview
Primary Business
Financials
Business Strategies
HAVELLS INDIA LTD.
Overview
Primary Business
Financials
Business Strategies
Developments
INTERMATRIX CORP.
Overview
Primary Business
Financials
Business Strategies
Developments
INTERNATIONAL LIGHT TECHNOLOGIES
Overview
Primary Business
Financials
Business Strategies
Developments
LIGHTING SCIENCE GROUP CORP.
Overview
Primary Business
Financials
Business Strategies
Developments
MAXLITE
Overview
Primary Business
Financials
Business Strategies
Developments
OSRAM OPTO SEMICONDUCTORS GMBH
Overview
Primary Business
Financials
Business Strategies
Developments
OSRAM SYLVANIA INC.
Overview
Primary Business
Financials
Business Strategies
Developments
PANASONIC CORP.
Overview
Primary Business
Financials
Business Strategies
Developments
PHILIPS LIGHTING HOLDING B.V.
Overview
Primary Business
Financials
Business Strategies
Developments
REVOLUTION LIGHTING TECHNOLOGIES INC.
Overview
Primary Business
Financials
Business Strategies
Developments
SEMILEDS CORP.
Overview
Primary Business
Financials
Business Strategies
Developments
TOSHIBA CORP.
Overview
Primary Business
Financials
Business Strategies
Developments
Chapter 12 Appendix: Abbreviations
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Posted by
Vivian Dsena
on Friday July 13 2018, 8:41 AM EST.
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