Canada Lighting Fixtures Market Overview, 2029

Canada Lighting Fixtures Market Overview, 2029

Basic incandescent and fluorescent lights are the first lightning fixtures to be introduced in Canada. These lights were mostly employed for illumination in residential, commercial, and industrial contexts. Although these early fixtures worked, they were not very energy-efficient or had very flexible designs. There has been a movement towards more energy-efficient lighting options as environmental consciousness has increased everywhere, including in Canada. With this, the switch to LED (Light Emitting Diode) lighting technology officially began. Like many industrialized nations, Canada saw a boom in environmental consciousness and technical innovation in the late 20th century. Around this time, compact fluorescent lights became more popular, providing more energy efficiency than ordinary incandescent bulbs. When LED lighting became widely used in the beginning 21st century, it was when the true revolution began. Compared to CFLs and incandescent bulbs, LEDs offered unmatched energy efficiency, a longer lifespan, and improved light quality. This technology not only revolutionised the lighting sector but also caused major shifts in the Canadian market for lighting fixtures. Because LED lights are more affordable and environmentally friendly, both businesses and consumers have started to replace their outdated lighting with LED alternatives. LED technology is continually evolving, which has increased efficiency, enhanced colour rendering, and expanded design possibilities. LED lighting use has been encouraged by energy efficiency standards put in place in Canada. Lighting fixtures that improve atmosphere and aesthetics in along with providing lighting are becoming more and more popular.

According to the research report ""Canada Lighting Fixtures Market Overview, 2029,"" published by Bonafide Research, the Canada Lighting Fixtures market is expected to reach a market size of more than USD 5.4 Billion by 2029. The market for lighting fixtures in Canada is mostly driven by the country's increasing urbanization and emphasis on energy saving. The need for lighting solutions for homes, businesses, and industries is growing as Canadian cities grow stronger. Modern infrastructure, such as sophisticated lighting systems that meet the practical and aesthetic needs of newly constructed areas, is necessary as a result of urbanization. Energy-efficient lighting solutions are becoming more and more popular, driven by consumer awareness as well as government restrictions. Leading this trend is the use of LED technology, which offers substantial energy savings, extended lifespans, and less environmental impact as compared to conventional incandescent and fluorescent lighting. This change supports Canada's aim to lowering greenhouse gas emissions while also assisting in the reduction of energy use.

The market is confronted with numerous challenges that may hinder its expansion. The high initial cost of energy-efficient lighting alternatives, like LEDs, is one of the main challenges. The initial outlay might be a turnoff for both large-scale commercial enterprises and individual customers, even with their long-term savings. The price volatility of raw materials has an effect on the market as it affects the total cost of manufacturing and, in turn, the final product pricing. Geopolitical tensions and worldwide pandemics may also cause supply chain interruptions, which increase these problems by adding to the delays and expenses. Another difficulty is the constant creativity required to stay up with the quickly evolving customer preferences and technology, which requires significant investments in R&D.

The incorporation of intelligent lighting systems is gaining traction. By optimizing lighting depending on occupancy and natural light availability, these systems which may be managed via smartphones or automated through sensors and Internet of Things devices offer convenience and further energy savings. The emphasis on eco-friendly products and sustainability is another notable trend. Lighting solutions that utilize sustainable materials, minimize environmental impact, and cut down on energy usage are becoming increasingly important to both consumers and companies. There's a rising need for adaptable, visually beautiful lighting fixtures that combine style and utility to suit the wide range of tastes in the Canadian market. These patterns mirror both the worldwide shift towards smarter products and services as well as the changing demands and preferences of customers.

A number of major companies play an important role when deciding the direction of the lightning fixtures market in Canada. Offering an extensive range of modern lighting solutions for the residential, commercial, and industrial sectors, Signify Canada Ltd.—formerly known as Philips Lighting—stands out as a pioneer in the industry. LEDVANCE, a prominent company recognized for its proficiency in LED technology and all-inclusive lighting solutions, is another noteworthy player. Hubbell Canada LP makes an impact with its wide range of lighting solutions, emphasizing sustainability and efficiency. Companies that specialize in smart lighting systems and advanced lighting controls, such as Eaton Canada and Acuity Brands Lighting Canada, also have a significant impact. The dynamic lighting fixtures market in Canada is driven by innovation and competition due to the combined efforts of these leading players.

Lighting fixtures are divided into many categories according to their design and use through product segmentation. Recessed lights, flush mounts, and semi-flush mounts are some instances of ceiling-mounted fixtures. Due to their usefulness and compact appearance, these lights are well-liked in both home and commercial settings. Pendant and chandelier lights are suspended from the ceiling and are frequently utilized to create a relaxing, aesthetically pleasing atmosphere. They might be as simple as pendant lights in contemporary offices or as elaborate chandeliers in opulent homes. Pendant lights and chandeliers: These ceiling-mounted devices are frequently employed to enhance aesthetic appeal and provide soft illumination. They might be as simple as pendant lights in contemporary offices or as elaborate chandeliers in opulent homes. In residential and certain business environments, portable fixtures such as desk, floor, and table lights are popular for their mobility and adaptability. Outside lighting, track lighting systems, and unique ornamental fixtures are examples of specialty lighting fixtures that fall outside of the main categories and are referred to as others. Lighting technology used in fixtures is referred to as segmentation by source. Because of their longer lifespan and favorable environmental effects, LED and OLED are the most popular energy-efficient choices available. Because of their long-term cost-effectiveness and adaptability, LED and OLED fixtures are used for both residential and commercial applications. Although they are less common, fluorescent lighting fixtures are nevertheless utilised in some business settings because of their high lumen output and cheaper initial cost when compared to LED lighting. When a warm light quality is required or for special ornamental purposes, traditional incandescent lighting is still used, although its market share has dropped dramatically because of energy efficiency concerns. In Canada, ceiling fittings are often highly liked. This may be because of their adaptability to a variety of settings, such as offices, public buildings, and residences. Besides providing a useful lighting solution, ceiling lights improve the visual appeal of interior spaces. In Canada, the most popular lighting sources are LED and OLED. Their long lifespan, energy efficiency, and technological improvements that enable adaptable designs appropriate for both residential and commercial uses are the main factors driving this. Canadian customers are drawn to LED and OLED lighting due to its energy-saving properties and environmental sensitivity.

The market is split according to the applications that are used to group it, with lighting fixtures being employed in different areas. Commercial applications emphasize practicality, energy efficiency, and aesthetics and include office spaces, retail establishments, hotels, and healthcare facilities. Residential applications concentrate on improving living areas with fixtures that satisfy personal preferences and home décor trends while combining elegance and functionality. The distribution channel segmentation shows how lighting fixtures are delivered to customers. The offline distribution channel is made up of traditional brick and mortar stores, lighting showrooms, and home improvement stores. Consumers appreciate the knowledge of salespeople as well as the opportunity to view and handle things before making a purchase. Online channels, such as manufacturer websites and e-commerce platforms, are becoming more and more popular. Online retailers appeal to consumers because they provide ease of use, a large assortment of goods, and frequently affordable prices. The market is dominated by residential applications. Homeowners in Canada are choosing more fashionable yet practical lighting fixtures to improve their living areas, with a concentration on energy-efficient and visually attractive lighting options. Internet sales are starting to take off. The expansion of online distribution channels in Canada's lighting fixtures industry has been driven by the ease of online purchasing, a large selection of items, and reasonable price. Customers like being able to easily compare items, read reviews, and make purchases from the comfort of their own homes.
Considered in this report
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report
• Lighting fixtures market Outlook with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Product
• Ceiling
• Pendant & Chandeliers
• Wall Mounted
• Portable
• Others

By Source
• LED & OLED
• Fluorescent
• Incandescent

By Application
• Commercial
• Residential

By Distribution Channel
• Offline
• Online

The approach of the report:
This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Lighting fixtures industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.