Cloud Banner

Semiconductors and Electronics

Image

Global Residential Lighting Market – Industry Trends and Forecast to 2028

  • Semiconductors and Electronics
  • Upcoming Report
  • May 2021
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Residential Lighting Market, By Lighting Source (Incandescent, Fluorescent, Light-Emitting Diode (LED) and Organic Light-Emitting Diode (OLED)),  Fixtures (Recessed Fixture, Flush Mount, Vanity Fixture, Under Cabinet, Outdoor, Others), Product (Ceiling,  Pendant and Chandeliers,  Wall Mounted,  Portable,  Others), Distribution Channel (Offline, Online), 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

Residential Lighting Market Market Analysis and Insights : Global Residential Lighting Market    

The residential lighting market size is valued at USD 23,062.77 million by 2028 is expected to grow at a compound annual growth rate of 6.20% in the forecast period of 2021 to 2028. Data Bridge Market Research report on residential lighting provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.

Residential lighting is the type of illuminating or lighting devices that are used in various residential households to provide desirable aesthetic and artificial lighting. These lighting products are powered through an outer power sources providing an artificial lighting solution. 

The easy availability of cost-effective and attractive lights is expected to influence the growth of residential lighting market over the forecast period of 2021 to 2028. Also the increase in the levels of smart homes and integration of IoT services across the globe are also anticipated to flourish the growth of the residential lighting market. Furthermore, the presence of certain regulations and compliances regarding the usage of incandescent bulbs owing to their environmental effects resulting in high adoption of LED lighting is also likely to positively impact the growth of the market. Moreover, the high demand for decorative lighting in the residential segment and the high adoption of energy-efficient products such as LEDs & OLEDs are also expected create a huge demand for residential lighting as well as lifting the growth of the residential lighting market.

However, the rise in levels of rivalry from cheaper products manufactured in the China and lack of proper installation are expected to act as the major limitations for the growth of residential lighting in the above mentioned forecasted period, whereas the presence of lower quality of products can challenge the residential lighting market growth in the forecast period of 2021 to 2028.

Likewise, the high adoption of LED lights to replace the traditional incandescent lights and rapid urbanization in emerging economies are expected to create various new opportunities that will lead to the growth of the residential lighting market in the above mentioned forecasted period.

This residential 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 localized 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 the residential 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.

Global Residential Lighting Market Scope and Market Size

The residential lighting market is segmented on the basis of lighting source, fixtures, product and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

  • The residential lighting market is segmented on the basis of lighting source into incandescent, fluorescent and light - emitting diode (LED) and organic light-emitting diode (OLED).
  • On the basis of fixtures, the residential lighting market is segmented into Recessed Fixture, flush mount, vanity fixture, under cabinet, outdoor and others.
  • Based on product, the residential lighting market is segmented into ceiling, pendant and chandeliers, wall mounted, portable and others.
  • The distribution channel segment of the residential lighting market is segmented into offline and online.

Residential Lighting Market Country Level Analysis

The residential lighting market is analyzed and market size, volume information is provided by country, lighting source, fixtures, product and distribution channel as referenced above.

The countries covered in the residential 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).

Asia-Pacific leads the residential lighting market because of the high spending on electrification and urbanization by the regional governments. Middle East and Africa is expected to expand at a significant growth rate of over the forecast period of 2021 to 2028 owing to high consumption of lighting products.

The country section of the 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 Residential Lighting Market Share Analysis

The residential 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 residential lighting market.

The major players covered in the residential lighting market report are Cree Lighting, Koninklijke Philips N.V., Hubbell, GENERAL ELECTRIC COMPANY, OSRAM Opto Semiconductors GmbH, ACUITY BRANDS LIGHTING, INC., Panasonic Corporation, Eaton, Kenroy Home, Briloner Leuchten GmbH & Co. KG, Legero Lighting India Pvt Ltd., NICHIA CORPORATION, Bridgelux, Inc., Zumtobel Group, EVERLIGHT, Hinkley, Inc., IKIO LED LIGHTING, Generation Lighting, Artcraft Lighting and Whitecroft Lighting 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.


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in 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 customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed 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 (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

FREQUENTLY ASK QUESTIONS

Residential Lighting Market is valued at USD 23,062.77 million by 2028.
Residential Lighting Market is grow at a rate of 6.20% CAGR by 2028.
Global Residential Lighting Market segmented By Product such as Ceiling,  Pendant and Chandeliers,  Wall Mounted,  Portable,  Others.
The major players covered in the residential lighting market report are Cree Lighting, Koninklijke Philips N.V., Hubbell, GENERAL ELECTRIC COMPANY, OSRAM Opto Semiconductors GmbH, ACUITY BRANDS LIGHTING, INC., Panasonic Corporation, Eaton, Kenroy Home, Briloner Leuchten GmbH & Co. KG, Legero Lighting India Pvt Ltd., NICHIA CORPORATION, Bridgelux, Inc., Zumtobel Group, EVERLIGHT, Hinkley, Inc., IKIO LED LIGHTING, Generation Lighting, Artcraft Lighting and Whitecroft Lighting among other domestic and global players.
Middle East and Africa is expected to expand at a significant growth rate of over the forecast period of 2021 to 2028 owing to high consumption of lighting products.
Free Sample Report

CHOOSE LICENCE TYPE

  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials