Global Bulbs Market 2024-2028
Bulbs Market 2024-2028
The bulbs market is forecasted to grow by USD 15842.4 mn during 2023-2028, accelerating at a CAGR of 4.6% during the forecast period. The report on the bulbs market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth of construction industry, increasing replacement demand for energy-efficient lighting solutions, and rising household income.
Technavio's bulbs market is segmented as below:
By Application
- Residential
- Commercial
- Industrial
By Distribution Channel
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the adoption of led bulbs as one of the prime reasons driving the bulbs market growth during the next few years. Also, product launches and mergers and acquisitions will lead to sizable demand in the market.
The report on the bulbs market covers the following areas:
- Bulbs Market sizing
- Bulbs Market forecast
- Bulbs Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading bulbs market vendors that include Eaton Corp plc, Everlight Electronics Co. Ltd., Feit Electric Co. Inc., Foshan Electrical and Lighting Co Ltd., General Electric Co., Havells India Ltd., Hubbell Inc., Legrand SA, LIFX, Lutron Electronics Co. Inc., Magik LED, NVC Lighting Ltd., Opple Lighting Co. Ltd., Optima Auto Lamps, OSRAM GmbH, Panasonic Holdings Corp., Samsung Electronics Co. Ltd., Signify NV, The Feilo Sylvania Group, and Toshiba Corp.. Also, the bulbs market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.