Electrical And Electronics Manufacturing

Best Prospects in the General Lighting Market and Strategies for Growth – Includes General Lighting Market Growth

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Major players in the general lighting market include Schneider Electric SE, Panasonic Corporation, Signify N.V., Osram Licht AG, Acuity Brands, Inc.


TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.


The general lighting market is expected to reach to $125.34 billion in 2025 at a compound annual growth rate (CAGR) of 5.9%. The global general lighting market size is expected to reach $154.40 billion in 2030, at a CAGR of 4.3%.


Asia Pacific was the largest region in the global general lighting market.


The general lighting market consists of sales of general lighting equipment by entities (organizations, sole traders and partnerships) and related services that produce general lighting equipment used for indoor lighting of households, commercial, and institutional sites, outdoor lighting, and lighting at industrial spaces. General lighting, which is also known as ambient lighting includes chandeliers, ceiling or wall-mounted fixtures, recessed or track lights and lanterns mounted on the outside of homes. It also includes wall lighting, spotlights, post lanterns, recessed fixtures, and hanging fixtures used in lamps, and floor lamps.


Increasing urbanization will drive the growth of the general lighting market.


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A large number of companies are developing and launching new innovative Li-Fi lighting solutions for expanded use of lighting products. Li-Fi is a mobile wireless technology that uses light waves to transmit data from one place to another. The entire technology is much faster than the existing Wi-Fi system. In the digital world, Li-Fi is widely used for reducing working costs, increasing bulb lifecycles, and reducing useless energy. Therefore, Li-Fi technology is increasing demand for general lighting.


TBRC’s General Lighting Market Report Segments:
By Product Type: Light Emitting Diode (LED), Compact Fluorescent Lamps (CFL), Linear Fluorescent Lamps (LFL), High Intensity Discharge (HID), Halogens, Incandescent

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

By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.


The General Lighting Market Report 2022 –Opportunities And Strategies – Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provides an overview of the general lighting market globally and regionally, analyzes and forecasts market size, share, general lighting market players, general lighting market segments, leading competitor revenues, profiles and market shares.


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

General Electrical Equipment And Components Global Market Report 2022

General Electronic Components Market 2022

Specialty Lighting Global Market Report 2022


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