Electric Lighting Equipment Manufacturing in the UK - Industry Market Research Report

Electric Lighting Equipment Manufacturing in the UK - Industry Market Research Report

Electric Lighting Equipment Manufacturing in the UK

Revenue is forecast to contract at a compound annual rate of 2.3% over the five years through 2023-24 to £1.9 billion. Competition levels for electrical lighting equipment is extremely high, especially considering the level of imports coming from overseas producers with significant cost advantages, like cheaper overhead and labour costs, compared to domestic manufacturers. However, strong government support for downstream industries has indirectly driven resilient demand for electrical lighting equipment, stemming the overall fall in revenue.

Companies in this industry manufacture electric light bulbs and tubes, parts and components (except glass blanks for electric light bulbs), electric lighting fixtures and lighting fixture components (except current-carrying devices). The manufacture of non-electrical lighting equipment is also included. Manufacturing of ceiling fans with integrated lighting fixtures and the manufacture of electrical signalling equipment such as traffic lights are excluded from the industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.