Technavio has been monitoring the general lighting market and it is poised to grow by USD 30.50 billion during 2020-2024, progressing at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced the latest market research report titled Global General Lighting Market 2020-2024 (Graphic: Business Wire)
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Acuity Brands Inc., Advanced Lighting Technologies LLC, Cree Inc., Dialight Plc, Eaton Corp. Plc, General Electric Co., OSRAM GmbH, Panasonic Corp., Schneider Electric SE, and Signify NV are some of the major market participants. The declining manufacturing cost of LEDs will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Declining manufacturing cost of LEDs has been instrumental in driving the growth of the market.
General Lighting Market 2020-2024: Segmentation
General Lighting Market is segmented as below:
- LED Lighting
- Traditional Lighting
- North America
- South America
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General Lighting Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our general lighting market report covers the following areas:
- General Lighting Market size
- General Lighting Market trends
- General Lighting Market industry analysis
This study identifies the emergence of new technologies as one of the prime reasons driving the general lighting market growth during the next few years.
General Lighting Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the general lighting market, including some of the vendors such as Acuity Brands Inc., Advanced Lighting Technologies LLC, Cree Inc., Dialight Plc, Eaton Corp. Plc, General Electric Co., OSRAM GmbH, Panasonic Corp., Schneider Electric SE, and Signify NV. Backed with competitive intelligence and benchmarking, our research reports on the general lighting market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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General Lighting Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist general lighting market growth during the next five years
- Estimation of the general lighting market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the general lighting market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of general lighting market vendors
Table Of Contents:
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- LED lighting – Market size and forecast 2019-2024
- Traditional lighting – Market size and forecast 2019-2024
- Market opportunity by Product
Market Segmentation by Application
- Market segments
- Comparison by Application
- Residential – Market size and forecast 2019-2024
- Commercial – Market size and forecast 2019-2024
- Outdoor – Market size and forecast 2019-2024
- Industrial – Market size and forecast 2019-2024
- Others – Market size and forecast 2019-2024
- Market opportunity by Application
- Geographic segmentation
- Geographic comparison
- APAC – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- North America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Volume driver – Demand led growth
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Acuity Brands Inc.
- Advanced Lighting Technologies Inc.
- Cree Inc.
- Dialight Plc
- Eaton Corp. Plc
- General Electric Co.
- OSRAM GmbH
- Panasonic Corp.
- Schneider Electric SE
- Signify NV
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.