Global and United States Lighting Fixtures Market Report & Forecast 2022-2028

SKU ID :QYR-20583853 | Published Date: 24-Mar-2022 | No. of pages: 108
A light fixture, light fitting, or luminaire is an electrical device that contains an electric lamp that provides illumination. All light fixtures have a fixture body and one or more lamps. The lamps may be in sockets for easy replacement—or, in the case of some LED fixtures, hard-wired in place.
Market Analysis and Insights: Global and United States Lighting Fixtures Market
This report focuses on global and United States Lighting Fixtures market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Lighting Fixtures market size is estimated to be worth US$ 174020 million in 2022 and is forecast to a readjusted size of US$ 218930 million by 2028 with a CAGR of 3.9% during the review period. Fully considering the economic change by this health crisis, by Type, Ceiling, Pendant and Chandelier Lighting Fixtures accounting for % of the Lighting Fixtures global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Industrial and Commercial was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
A significant number of industries are currently in a transitory phase towards improving power consumption to work performed ratios. One of the core methods to reduce power consumption is through the implementation of modern and efficient lighting fixtures. As a result, industries switching over from incandescent and fluorescent lighting to modern LED lighting offer the biggest driver to lighting fixture producers.

Additional drivers include the booming construction industry and the overall increase in population and disposable income across the world and especially in emerging economies. There is, however, a high initial investment required for new entrants to the lighting fixture production business. At the same time, the multiple number of members involved in making an end-user purchase decision add to the complexity of the buying process, thereby restraint the growth rate of lighting fixture players to a certain extent.
Global Lighting Fixtures Scope and Market Size
Lighting Fixtures market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Lighting Fixtures market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Lighting Fixtures market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Ceiling, Pendant and Chandelier Lighting Fixtures
Wall Mounted Market Lighting Fixtures
Recessed Market Lighting Fixtures
Portable Market Lighting Fixtures
High Bay and Low Bay Lighting Fixtures
Others (Automotive, Aerospace and Machinery) Lighting Fixtures
Segment by Application
Industrial and Commercial
Residential
Outdoor
Architectural
Others (Automotive, Aerospace and Machinery)
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Acuity Brands, Inc.
Cooper Lighting, LLC
General Electric Company
Hubbell Lighting, Inc.
Juno Lighting Group
Koninklijke Philips N.V.
LSI Industries Inc.
OSRAM Licht AG
Panasonic Corporation Eco Solution Company
Zumtobel Lighting GmbH
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