Lighting

Lighting Industry Market Research Reports, Analysis & Trends
 
The global lighting industry is currently dominated by LEDs and has been reshaped by current technologies. The momentum for LED has been created by the ongoing phase-out of incandescent and halogen lamps, and increasing lighting efficiency globally from the dwindling stocks of fluorescent technologies.

1 . Lighting Industry Market Research Reports, Analysis & Trends

The lighting industry comprises companies that operate by manufacturing a range of products, including electric light bulbs, tubes, parts, and components. The main product segments in the industry are lighting fixtures and control gear, which account for 82% of the lighting market. These segments are primarily driven by building and construction activity and tend to be relatively volatile. Lighting components, including lamps, light bulbs, electrical elements, and light frames, account for approximately 15% of the overall market revenue, and neon and electronic signs account for 3%. The lighting components segment is in decline, as imports have a stronghold. Demand for neon and electronic signs is affected by advertising spending levels and competition between electronic signs and other forms of advertising.
 
Global Lighting Industry Market
 

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