Dublin, May 06, 2024 (GLOBE NEWSWIRE) -- The "Lighting World Market Outlook 2024" report has been added to ResearchAndMarkets.com's offering.
The comprehensive assessment of the lighting market reveals a return to pre-pandemic stability with a global valuation of US$ 97 billion expected by the end of 2023. Despite a marginal decrease compared to the upward surge in 2021, the market is predicted to retain steadiness in 2024 and undergo moderate growth in the following two years. Top manufacturing countries, led by China and including the United States, Japan, and Germany among others, command over 80% of the lighting fixtures production globally.
The analysis within the lighting market signifies a continual growth trend in architectural lighting, securing its lead in consumption across segments. However, the residential segment is anticipated to experience the sharpest decline in 2023, following a broader sectorial slowdown.
Competitive Landscape
Market influence is significantly consolidated, with the top 100 global lighting companies maintaining control of over 40% of the lighting fixtures market share worldwide, indicating a competitive and dominated industry.
International Trade and Forecast
The thorough examination of international trade provides insights into the intricate patterns of exports and imports within the industry. Substantive data is presented across 70 countries, covering six years of trade activities, that outlines the flow and distribution of lighting fixtures and lamps.
Distribution Dynamics
The lighting fixtures market leverages an array of distribution channels, from specialty lighting stores to e-commerce platforms, revealing the sector's adaptive approach to reaching diverse customer bases and evolving retail landscapes.
Market Structure Analysis
The market structure dissection underscores the proportionate consumption of lighting fixtures within various segments – from residential to outdoor applications. The analysis carves out a detailed understanding of market dynamics and consumption patterns.
Strategic Insights
The report provides a strategic viewpoint of the competitive system, detailing sales by application and geographic region. This presents a clear outlook on how leading players are positioned in the market and highlights their regional dominion and segmentation preferences.
Global Perspective
A geographical lens is cast over 70 countries across multiple regions, from North America to the Middle East and Africa, offering a panoramic view of global market dynamics and providing a comprehensive context for the industry's performance and potential. This extensive overview of the lighting market encapsulates the intricate facets of production, consumption, and trade dynamics, delivering an invaluable resource for understanding the current state and future prospects of the lighting industry globally.
Key Topics Covered:
INTRODUCTION
1. BASIC DATA
1.1 An overview of the world lighting market
- Total World. Total lighting market by geographic region, estimates 2022. US$ million
- Overview of the lighting fixtures industry in 70 countries grouped by geographic regions, 2022. Values in US$
- Consumption of lighting fixtures in 70 countries, total and per capita, and ratio consumption/GNP, 2022. US$ million. Ranking by consumption
2. ACTIVITY TREND AND FORECAST
2.1 Lighting market: activity trend 2013-2022 and preliminary 2023
- Total World. Lighting fixtures market by country or geographic region, 2013-2022 estimated data and 2023 preliminary estimates. US$ Million
2.2 Lighting market: forecast 2024-2026
- Total World. Lighting fixtures market by geographic region, forecast 2024-2026. Forecasts of yearly % changes in real terms
3. International trade
3.1 Lighting fixtures
- World trade of lighting fixtures, 2013-2022 and preliminary 2023. US$ billion and yearly % changes in nominal terms
- World exports of lighting fixtures, 2017-2022. Six major exporters. US$ million
- Exports of lighting fixtures in 70 countries, 2017-2022. US$ million and yearly % changes. Ranking by 2022
- World imports of lighting fixtures, 2017-2022. Six major importers. US$ million
- Imports of lighting fixtures in 70 countries, 2017-2022. US$ million and yearly % changes. Ranking by 2022
3.2 Lamps
- World trade of lamps, 2013-2022 and preliminary 2023. US$ billion and % yearly change
- Exports of lamps in 70 countries, 2017-2022. US$ million and yearly % changes. Ranking by 2022
- Imports of lamps in 70 countries, 2017-2022. US$ million and annual % changes. Ranking by 2022
4. Financial analysis
- Total World. Lighting sector. Key financial data and ratios, 2018-2022. Mean values
- Total World. Lighting sector. Key financial data in a sample of 100 companies, 2022. Alphabetical order. US$ Million
4.2 Employment
5. Distribution channels
- Total World. Estimated breakdown of lighting fixtures sales by distribution channel, 2017-2019-2022. % share calculated on value data
- Total World. Estimated lighting fixtures sales breakdown by distribution channel for a sample of global companies operating in the lighting business. Alphabetical order. % share calculated on value data
6. Market structure: segments and applications
- Total World. Lighting fixtures market by segment, 2017-2022: Consumer/Residential Indoor; Architectural/Commercial Indoor; Industrial Outdoor. Estimated data and 2023 preliminary estimates. US$ million, yearly % changes at current prices and % share calculated on value data
7. Worldwide competition: main players by segments
- Total lighting fixtures market
- Residential and Hospitality indoor lighting fixtures market
- Commercial indoor lighting fixtures market: Office solutions, Healthcare, Schools and other Public premises
- Commercial indoor lighting fixtures market: Retail solutions, Art & Museum, Entertainment solutions
- Industrial lighting fixtures market
- Outdoor lighting fixtures market: Residential, Architectural and Christmas lighting solutions
- Outdoor lighting fixtures market: Street lighting, Tunnel and Area lighting solutions
8. Worldwide competitions: main players by geographic regions
- Europe
- Americas
- Asia and Pacific
- Middle East and Africa
Appendix: list of mentioned companies
For more information about this report visit https://www.researchandmarkets.com/r/1u8xht
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