Luminaire is able to provide a light source apparatus and converts electrical energy into electromagnetic radiation, including LED, LFL, CFL, HID, Halogen and Incandescent Luminaire, etc. And it can be used for residential, office, shop, and hospitality, industrial, outdoor and so on.
For industry structure analysis, the luminaire industry is fragmented. A variety of manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry. The top ten producers account for about 40% of the revenue market. Regionally, China is the biggest production area of luminaire.
China occupied 35% of the production market in 2015. It is followed by North America and EU, which respectively have around 21% and 18% of the global total industry. Other countries have a small amount of production. Geographically, China was also the largest consumption market in the world, which took about 30% of the global consumption volume in 2015. EU shared 17% of global total.
The global Luminaire market is valued at 65400 million US$ in 2018 and will reach 72900 million US$ by the end of 2025, growing at a CAGR of 1.4% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Luminaire market based on company, product type, end user and key regions.
This report studies the global market size of Luminaire in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Luminaire in these regions.
This research report categorizes the global Luminaire market by top players/brands, region, type and end user. This report also studies the global Luminaire market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Guangyu LED Lighting
Market size by Product
Market size by End User
Market size by Region
Central & South America
Rest of Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Luminaire market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Luminaire market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Luminaire companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Luminaire submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Luminaire are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (M Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Luminaire market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.