U.S. LIGHTNING PRODUCT MARKET ANALYSIS

U.S. Lightning Product Market, by Standalone Type(LED Tubes and Bulbs(T8 LED Tube and Bulbs and Others (Incandescent, High Intensity Discharge)), By Lighting Fixture (Ceiling Fixtures, Recessed Lighting Fixture, Strip Light Fixture and Others (Chandeliers, Pendants, etc.)), by Application (Residential Lighting (Table Lamps, Floor Lamps and Desk Lamps), Commercial Lighting, Industrial Lighting and Outdoor Lighting), and by Retailers(The Home Depot, Lowe\'s Companies, Inc., Target, Wal-Mart, Bed Bath and Beyond, Sam’s Club, Costco and Menards) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

Key Developments

Major companies involved in the market are focused on mergers and acquisitions, in order to enhance the market presence. For instance, in September 2019, Acuity Brands Lighting, Inc. acquired The Luminaires Group, a provider of specification-grade luminaires for institutional and commercial markets.
Key players in the market are involved in merger and acquisition activities, in order to gain a competitive advantage in the market. For instance, in March 2020, Signify Holding acquired Cooper Lighting Solutions to enhance its position in North American lighting market.