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

Regional Analysis

Geographies covered:

North America: U.S. and Canada
Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
Europe: Germany, U.K., France, Italy, Russia, and Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East and Africa: GCC Countries, South Africa, and Rest of Middle East and Africa

Asia Pacific held a dominant position in the global lighting fixtures market in 2021

Statistics:

Asia Pacific held a dominant position in the global lighting fixtures market in 2021, accounting for 31.0% share in terms of market share, followed by North America and Europe

Figure 1: Global Lighting Fixtures Market Share (%), By Region, 2021

The Asia Pacific region is expected to account for the largest market share for the lighting fixtures market during the forecast period, owing to the ever-expanding commercial sector. The commercial sector includes workspace, manufacturing plants, warehouses, banks, retail stores, and other sectors. Pendant lighting, high-bay and mid-bay luminaries, landscape lighting and other types of lighting fixtures are available in market which meet the requirement of every commercial sector. Hence, the demand for lighting fixtures has grown significantly and is expected to gain traction during the forecast period in the Asia Pacific region.