LIGHTING FIXTURE MARKET ANALYSIS

Lighting Fixture Market, by Product Type (Ceiling, Pendant and Chandelier, Wall Mounted, Recessed, Portable, High Bay and Low Bay, Others (Emergency Lighting, Track Lighting, and Fan)), by Application (Industrial & Commercial, Residential, Outdoor, Architectural, Others (Automotive, Aerospace, and Machinery)), and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Aug 2022
Code : CMI1023
Pages :130
Formats :
Excel and PDF
Industry : Consumer Electronics

Market Challenges And Opportunities

Restraint:

Complex purchasing decision in lighting fixtures industry is expected to hamper the global lighting fixtures market growth during the forecast period. The purchasing decision of lighting fixtures is not made by end users alone though it involves different professionals including architects, lighting designers, and electrical engineers. The involvement of different professionals has led to the purchasing process being made complex, which in turn is restraining the growth of the lighting fixtures market. Hence, these factors are expected to restrict the market growth over the forecast period.