Market Overview:
The global downlights market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy-efficient lighting solutions, growing awareness about LED lighting, and rising demand for downlights in commercial and industrial applications. The global downlights market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into equal or bigger than 5 inch, bigger than 2.5 inch but smaller than 5 inch, and equal or smaller than 2.5 inch segments. The equal or bigger than 5 inch segment is expected to hold a major share of the global downlights market during the forecast period owing to high adoption rates in commercial and industrial applications.On themediumterm ,thesmallerthan2 .Onthelongterm ,thelargerthan2 .
Product Definition:
Downlights are recessed lights that are installed in the ceiling or wall. They provide a concentrated light source and are often used to highlight specific areas in a room. Downlights can be used to provide general lighting or task lighting.
Equal or Bigger than 5 Inch:
The Downlights market is growing at a significant pace and the demand for Bigger than 5 inch products is increasing. The growth of this segment can be attributed to the need for high power density, low cost per unit light output, and longer life span of LED downlights.
Bigger than 2.5 Inch? Smaller than 5 Inch:
The size of the downlight is an important factor to consider when purchasing a product. The larger the light, the brighter it will be. However, there are certain limitations associated with its size such as weight and cost restrictions for shipping purposes. Therefore, before buying any product related to downlights; it is essential to know their sizes in terms of length and width & height so that we can compare them properly against our requirement which helps in making a better decision while purchasing.
Application Insights:
The industry application segment dominated the global downlights market in 2017, accounting for a share of over 60.0% in terms of revenue. The growth can be attributed to increasing demand from commercial applications including hotels, hospitals, shopping malls and others. In addition, growing investments by foreign players in India and China are expected to drive the growth over the forecast period.
Household application is projected to grow at a CAGR of XX% from 2018 to 2030 owing to rising consumer disposable income coupled with changing lifestyles has resulted in an increased demand for better quality of light sources such as downlights that provide soft & even illumination throughout the house thereby enhancing its aesthetic value & appeal which is likely to boost product adoption across various regions globally including North America, Europe, Asia Pacific and Middle East & Africa countries especially developed economies like U.K.
Regional Analysis:
The demand for downlights in the Asia Pacific region is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing construction activities and rising adoption of energy-efficient lighting solutions across various applications. Moreover, growing awareness regarding building energy consumption and conservation is anticipated to drive industry expansion over the next eight years.
The market in Europe accounted for more than 25% of global revenue share in 2017 owing to high product penetration coupled with government initiatives promoting eco-friendly products across several countries such as Germany, France, Italy, Spain among others are expected drive growth during the forecast period.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Rising popularity of LED technology
- Growing number of construction projects worldwide
- Proliferation of smart home technologies
- Rising disposable income levels in developing countries
Scope Of The Report
Report Attributes
Report Details
Report Title
Downlights Market Research Report
By Type
Equal or Bigger than 5 Inch, Bigger than 2.5 Inch? Smaller than 5 Inch, Equal or Smaller than 2.5 Inch
By Application
Household, Commercial, Industry
By Companies
Philips Lighting, GE Lighting, OSRAM, Focal Point, Acuity Brands, Hubbell, Cree, Standard Products, B-K Lighting, WAC Lighting, Thorn
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Downlights Market Report Segments:
The global Downlights market is segmented on the basis of:
Types
Equal or Bigger than 5 Inch, Bigger than 2.5 Inch? Smaller than 5 Inch, Equal or Smaller than 2.5 Inch
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Commercial, Industry
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Philips Lighting
- GE Lighting
- OSRAM
- Focal Point
- Acuity Brands
- Hubbell
- Cree
- Standard Products
- B-K Lighting
- WAC Lighting
- Thorn
Highlights of The Downlights Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Equal or Bigger than 5 Inch
- Bigger than 2.5 Inch? Smaller than 5 Inch
- Equal or Smaller than 2.5 Inch
- By Application:
- Household
- Commercial
- Industry
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Downlights Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Downlights are a type of lighting that emits light downward. They are often used in corridors and stairwells to provide a low-light environment.
Some of the key players operating in the downlights market are Philips Lighting, GE Lighting, OSRAM, Focal Point, Acuity Brands, Hubbell, Cree, Standard Products, B-K Lighting, WAC Lighting, Thorn.
The downlights market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Downlights Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Downlights Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Downlights Market - Supply Chain
4.5. Global Downlights Market Forecast
4.5.1. Downlights Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Downlights Market Size (000 Units) and Y-o-Y Growth
4.5.3. Downlights Market Absolute $ Opportunity
5. Global Downlights Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Downlights Market Size and Volume Forecast by Type
5.3.1. Equal or Bigger than 5 Inch
5.3.2. Bigger than 2.5 Inch? Smaller than 5 Inch
5.3.3. Equal or Smaller than 2.5 Inch
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Downlights Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Downlights Market Size and Volume Forecast by Application
6.3.1. Household
6.3.2. Commercial
6.3.3. Industry
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Downlights Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Downlights Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Downlights Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Downlights Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Downlights Demand Share Forecast, 2019-2026
9. North America Downlights Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Downlights Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Downlights Market Size and Volume Forecast by Application
9.4.1. Household
9.4.2. Commercial
9.4.3. Industry
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Downlights Market Size and Volume Forecast by Type
9.7.1. Equal or Bigger than 5 Inch
9.7.2. Bigger than 2.5 Inch? Smaller than 5 Inch
9.7.3. Equal or Smaller than 2.5 Inch
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Downlights Demand Share Forecast, 2019-2026
10. Latin America Downlights Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Downlights Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Downlights Market Size and Volume Forecast by Application
10.4.1. Household
10.4.2. Commercial
10.4.3. Industry
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Downlights Market Size and Volume Forecast by Type
10.7.1. Equal or Bigger than 5 Inch
10.7.2. Bigger than 2.5 Inch? Smaller than 5 Inch
10.7.3. Equal or Smaller than 2.5 Inch
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Downlights Demand Share Forecast, 2019-2026
11. Europe Downlights Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Downlights Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Downlights Market Size and Volume Forecast by Application
11.4.1. Household
11.4.2. Commercial
11.4.3. Industry
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Downlights Market Size and Volume Forecast by Type
11.7.1. Equal or Bigger than 5 Inch
11.7.2. Bigger than 2.5 Inch? Smaller than 5 Inch
11.7.3. Equal or Smaller than 2.5 Inch
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.0. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Downlights Demand Share, 2019-2026
12. Asia Pacific Downlights Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Downlights Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Downlights Market Size and Volume Forecast by Application
12.4.1. Household
12.4.2. Commercial
12.4.3. Industry
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Downlights Market Size and Volume Forecast by Type
12.7.1. Equal or Bigger than 5 Inch
12.7.2. Bigger than 2.5 Inch? Smaller than 5 Inch
12.7.3. Equal or Smaller than 2.5 Inch
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Downlights Demand Share, 2019-2026
13. Middle East & Africa Downlights Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Downlights Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Downlights Market Size and Volume Forecast by Application
13.4.1. Household
13.4.2. Commercial
13.4.3. Industry
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Downlights Market Size and Volume Forecast by Type
13.7.1. Equal or Bigger than 5 Inch
13.7.2. Bigger than 2.5 Inch? Smaller than 5 Inch
13.7.3. Equal or Smaller than 2.5 Inch
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Downlights Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Downlights Market: Market Share Analysis
14.2. Downlights Distributors and Customers
14.3. Downlights Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Philips Lighting
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GE Lighting
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. OSRAM
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Focal Point
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Acuity Brands
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hubbell
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Cree
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Standard Products
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. B-K Lighting
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. WAC Lighting
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Thorn
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
