Learn about the global General Lighting market through The Business Research Company, which provides information on general lighting market size, general lighting market drivers and restraints, general lighting market players, the COVID-19 impact on the general lighting market, and more.

The global general lighting market size is expected to grow from $80.66 billion in 2021 to $88.89 billion in 2022 at a compound annual growth rate (CAGR) of 10.2%.The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The general lighting market is expected to reach $125.05 billion in 2026 at a CAGR of 8.9%.

The continuous increase in the rate of construction activities increases the demand for general lighting globally.

Request A Sample For The Global General Lighting Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2734&type=smp

The general lighting market consists of sales of ambient lighting and related services used for lighting indoors of a household, commercial, institutional sites. General lighting includes chandeliers, ceiling or wall-mounted fixtures, recessed or track lights and lanterns mounted on the outside of the home. It also includes wall lighting, spotlights, post lanterns, recessed fixtures, and hanging fixtures used in hanging structures.

Global General Lighting Market Segments Include:

By Product Type: LED, CFL, LFL, HID, Halogens, Incandescent, Others

By End-User: Residential, Commercial, Outdoor, Industrial, Others

By Application: General Lighting, Automotive Lighting, Backlighting, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the general lighting market in 2021.

Companies are increasingly using Li-Fi (Light Fidelity) network to manufacture general lighting equipment. Li-Fi is a wireless optical networking technology that uses light-emitting diodes (LEDs) for data transmission. The Li-Fi bulbs are equipped with a small chip that modulates the light used for data transmission with speeds up to 224 gigabits per second.

TBRC’s general lighting market report covers:

Major Market Players: Schneider Electric, Panasonic, Koninklijke Philips N.V., GENERAL ELECTRIC, Acuity Brands, Cree Inc., Eaton, Bridgelux, and Citizens Electronics.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The General Lighting Global Market Report 2022– Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides general lighting market overviews, analyzes and forecasts market size, share, general lighting market players, general lighting market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s general lighting market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here Is A List Of Similar Reports From The Business Research Company:

Electric Lighting Equipment Global Market Report 2022

Automotive Light Emitting Diode (LED) Bulbs Global Market Report 2022

Automotive Halogen Bulbs Global Market Report 2022

Interested To Know More About The Business Research Company?
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

Read more about us at https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company
Follow us on Twitter: https://twitter.com/tbrc_info

Found This Article Helpful? Share It On: