Global Fluorescent Lighting Market, By Type (Compact Fluorescent Lamp, Linear Fluorescent Lamp, Cold Cathode Fluorescent Lamp), Installation (Retrofit, New Installation), Application (General Lighting, Commercial Lighting, Residential Lighting, Industrial Lighting, Outdoor Lighting, Medical Lighting, Surgical & Treatment Lighting, General/Mounted Lighting, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Fluorescent lighting market will reach at an estimated value of USD 13.22 billion and grow at a CAGR of 10.51% in the forecast period of 2021 to 2028. Rising energy efficient and low cost of the product is an essential factor driving the fluorescent lighting market.
Fluorescent lighting is a type of illuminating device that utilizes a set of chemical reaction enclosed inside a glass structure. This reaction can be described as a reaction between gas and mercury vapor, which ultimately results in emitting a UV light. This lighting is responsible for illuminating the phosphor powder that is present inside the glass structure which ultimately causes the fluorescent light effect.
Rising growth in adoption of fluorescent lights commercially because of their high illuminating capabilities is a crucial factor accelerating the market growth, also rising benefits such as energy efficiency, cost savings, bright illumination for wide area and long light life, rapid industrialization all over the globe, rising energy efficiency compared to incandescent light and a lower price compared to LED lighting, growing demand of fluorescent lamps in the outdoor applications such as in pedestrian tunnel and outdoor parking system, increased adoption of fluorescent lightings in commercial applications such as in offices, retail stores, shopping mall parking, schools, cafeterias and hallways and rising surge in the adoption of compact fluorescent lamps are the major factors among others boosting the fluorescent lighting market . Moreover, increasing research and development activities in the market and rising modernization and technological advancement in the production techniques will further create new opportunities for fluorescent lighting market in the forecast period mentioned above.
However, higher initial cost than incandescent lights and rising presence of toxic materials are the major factors among others restraining the market growth, and will further challenge the fluorescent lighting market in the forecast period mentioned above.
This fluorescent lighting market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on fluorescent lighting market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Fluorescent Lighting Market Scope and Market Size
Fluorescent lighting market is segmented on the basis of type, installation and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, fluorescent lighting market is segmented into compact fluorescent lamp, linear fluorescent lamp and cold cathode fluorescent lamp.
- Based on installation, the fluorescent lighting market is segmented into retrofit and new installation.
- The fluorescent lighting market is also segmented on the basis of application into general lighting, commercial lighting, residential lighting, industrial lighting, outdoor lighting, medical lighting, surgical & treatment lighting, general/mounted lighting and others.
Fluorescent Lighting Market Scope Country Level Analysis
Fluorescent lighting market is analysed and market size, volume information is provided by country, type, installation and application as referenced above.
The countries covered in the fluorescent lighting market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the fluorescent lighting market due to massive presence of key manufacturing companies, growing demand of fluorescent lamps in the outdoor applications such as in pedestrian tunnel and outdoor parking system and wide adoption of fluorescent lamps in various end user applications to save energy in this region.
The country section of the fluorescent lighting market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Fluorescent Lighting Market Share Analysis
Fluorescent lighting market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to fluorescent lighting market.
The major players covered in fluorescent lighting market report are Osram, Eastar Lighting, GENERAL ELECTRIC, LAMAR LED, Schneider 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. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Fluorescent Lighting Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.