Global Fluorescent Lighting Market is Expected to Register a Healthy CAGR in the Forecast Period of 2019 to 2026

According to Data Bridge Market Research new Market report, global fluorescent lighting market will account to growth at a steady CAGR during the forecast period of 2019 to 2026.

Access Full Report at https://databridgemarketresearch.com/reports/global-fluorescent-lighting-market/

Global Fluorescent Lighting Market

Fluorescent lighting can be defined as the method of illumination utilized in various buildings and applications where a chemical reaction takes place inside a structure made out of glass. This reaction between gas and mercury results in emission of light from inside the structure.

Segmentation: Global Fluorescent Lighting Market

Global fluorescent lighting market is segmented on the basis of application, offering and geography.

By Application (General Lighting, Medical Lighting, Others), Offering (Hardware, Software), and Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa)

FACTORS DRIVING GROWTH IN FLUORESCENT LIGHTING MARKET

Innovations and product launches adopted by the major players

  • In May 2018, Acuity Brands Lighting, Inc. announced that they had completed the acquisition of IOTA Engineering, L.L.C. This acquisition is expected to expand and enhance the smart lighting and building solutions of Acuity.
  • In April 2018, LEDVANCE GmbH announced that they had been acquired by MLS. LEDVANCE will continue to operate as a German GmbH and also with the same headquarters. This acquisition will help enhance the capabilities of both the organization and enhance their capabilities to serve the market.

Key Market Competitors: Global Fluorescent Lighting Market

Few of the major competitors currently working in the fluorescent lighting market are Osram; GENERAL ELECTRIC; Energy Focus; SORAA; Acuity Brands Lighting, Inc.; LEDVANCE GmbH; Koninklijke Philips N.V.; Semiconductor Co., Ltd.; Intematix Corporation; Technical Consumer Products, Inc.; AFX, Inc.; Eaton; Amerlux,LLC; Hubbell; Visa Lighting and Waldmann Group.

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