Fluorescent Lighting Market Report: Trends, Forecast and Competitive Analysis to 2030

Fluorescent Lighting Market Report: Trends, Forecast and Competitive Analysis to 2030

Fluorescent Lighting Trends and Forecast

The future of the global fluorescent lighting market looks promising with opportunities in the general lighting, commercial lighting, residential lighting, industrial lighting, outdoor lighting, medical lighting, surgical and treatment lighting, and general/mounted lighting markets. The global fluorescent lighting market is expected to reach an estimated $15.6 billion by 2030 with a CAGR of 10.4% from 2024 to 2030. The major drivers for this market are increasing focus on energy efficiency and low carbon emissions, rising number of smart cities, and growing demand for efficient lighting lamps across the globe.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Fluorescent Lighting by Segment

The study includes a forecast for the global fluorescent lighting by type, installation, application, and region

Fluorescent Lighting Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Compact Fluorescent Lamp
• Linear Fluorescent Lamp
• Cold Cathode Fluorescent Lamp

Fluorescent Lighting Market by Installation [Shipment Analysis by Value from 2018 to 2030]:

• Retrofit
• New Installation

Fluorescent Lighting Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• General Lighting
• Commercial Lighting
• Residential Lighting
• Industrial Lighting
• Outdoor Lighting
• Medical Lighting
• Surgical and Treatment Lighting
• General/Mounted Lighting
• Others

Fluorescent Lighting Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Fluorescent Lighting Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies fluorescent lighting companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the fluorescent lighting companies profiled in this report include-

• Rs Pro
• Narva
• Orbitec
• Kolmart
• Lightbuibs
• Nora Lighting
• Megaman Ge Facom
• Philips Lighting
• Sylvania Osram
• Feit
• Neutral

Fluorescent Lighting Market Insights

Lucintel forecast that compact fluorescent lamp is expected to witness highest growth over the forecast period.

General lighting will remain the largest segment.

Asia Pacific is expected to witness highest growth over the forecast period.

Features of the Global Fluorescent Lighting Market

Market Size Estimates: Fluorescent lighting market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Fluorescent lighting market size by type, installation, application, and region in terms of value ($B).

Regional Analysis: Fluorescent lighting market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, installation, applications, and regions for the fluorescent lighting market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the fluorescent lighting market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q.1 What is the fluorescent lighting market size?

Answer: The global fluorescent lighting market is expected to reach an estimated $15.6 billion by 2030.

Q.2 What is the growth forecast for fluorescent lighting market?

Answer: The global fluorescent lighting market is expected to grow with a CAGR of 10.4% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the fluorescent lighting market?

Answer: The major drivers for this market are increasing focus on energy efficiency and low carbon emissions, rising number of smart cities, and growing demand for efficient lighting lamps across the globe.

Q4. What are the major segments for fluorescent lighting market?

Answer: The future of the fluorescent lighting market looks promising with opportunities in the general lighting, commercial lighting, residential lighting, industrial lighting, outdoor lighting, medical lighting, surgical and treatment lighting, and general/mounted lighting markets.

Q5. Who are the key fluorescent lighting market companies?

Answer: Some of the key fluorescent lighting companies are as follows:

• RS Pro
• Narva
• Orbitec
• Kolmart
• Lightbuibs
• Nora Lighting
• Megaman GE Facom
• Philips Lighting
• Sylvania Osram
• Feit

Q6. Which fluorescent lighting market segment will be the largest in future?

Answer: Lucintel forecast that compact fluorescent lamp is expected to witness highest growth over the forecast period.

Q7. In fluorescent lighting market, which region is expected to be the largest in next 5 years?

Answer: Asia Pacific is expected to witness highest growth over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the fluorescent lighting market by type (compact fluorescent lamp, linear fluorescent lamp, and cold cathode fluorescent lamp), installation (retrofit and new installation), application (general lighting, commercial lighting, residential lighting, industrial lighting, outdoor lighting, medical lighting, surgical and treatment lighting, general/mounted lighting, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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