Global Luminaires Market Growth 2023-2029

Global Luminaires Market Growth 2023-2029

A lamp is a light that works by using electricity or by burning oil or gas.
LPI (LP Information)' newest research report, the “Luminaires Industry Forecast” looks at past sales and reviews total world Luminaires sales in 2022, providing a comprehensive analysis by region and market sector of projected Luminaires sales for 2023 through 2029. With Luminaires sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Luminaires industry.
This Insight Report provides a comprehensive analysis of the global Luminaires landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Luminaires portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Luminaires market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Luminaires and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Luminaires.
The global Luminaires market size is projected to grow from US$ 70690 million in 2022 to US$ 84560 million in 2029; it is expected to grow at a CAGR of 84560 from 2023 to 2029.
The major players in China Luminaires market include NVC, PAK, Topstar, etc. The market concentration ratio is low, and the top 1 player holds only 3% shares of the whole market. East and Central are the main markets, and occupy about 40% of the whole market. Traditional is the main type, with a share about 80%. Residential is the key application, which holds a share about 70%.
This report presents a comprehensive overview, market shares, and growth opportunities of Luminaires market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Traditional
LED
Segmentation by application
Residential
Commercial
Industrial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
NVC
Philips
Opple
FSL
Leedarson Luminaire
PAK
Topstar
Osram
Liaoyuan Lighting
TCP
Panasonnic
Huayi Lighting
Toshiba
TCL
Forest Lighting
Kingsun Optoelectronic
Feilo Acoustics
Hongyar Electrical
Midea
Yankon
NPU
Handson
GE Lighting
GY LED
Thorn
Key Questions Addressed in this Report
What is the 10-year outlook for the global Luminaires market?
What factors are driving Luminaires market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Luminaires market opportunities vary by end market size?
How does Luminaires break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.