Market Overview:
The global coaxial lighting market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The market growth is attributed to the increasing demand for energy-efficient lighting solutions and the growing awareness about the benefits of using coaxial lights. The global coaxial lighting market can be segmented by type, application, and region. By type, the market can be divided into UV, white, red, infrared, green, blue and others. By application, the market can be classified into construction industry automotive industry aerospace industry and others.
Product Definition:
Coaxial Lighting is a type of lighting where light is emitted from a central point and spreads out in all directions. It is often used in recessed or track lighting applications. Coaxial Lighting is important because it provides balanced, even light distribution that can be used to highlight specific areas or objects.
UV:
Ultraviolet (UV) lighting is part of the electromagnetic spectrum with a longer wavelength than visible light but shorter than infrared. UV can be described as harsh, intense and sterilizing radiation. However, humans have not evolved to handle these wavelengths so we protect our eyes by looking at source directly or using UV protective goggles/glasses.
UV is used in coaxial lighting for cable insulation and for fiber optic communications due to its ability to damage DNA along with causing skin cancer.
White:
White is a color that can be produced with the help of mixing all the colors together. The pure form of white has no color; it is the absence of all colors. White light consists of wavelengths ranging from about 4000K to 6000K, while neutral white light contains an equal mix or mixture of different wavelengths (4000K).
Application Insights:
The construction segment accounted for the largest revenue share of over 40% in 2017. The growth can be attributed to the growing demand for high-quality LED products from various applications such as automotive, aerospace and industrial. In addition, a significant increase in residential and commercial infrastructure activities is expected to drive the demand further.
Coaxial lighting has several advantages including energy-saving light source that provides uniform illumination; reduces glare by providing an even surface brightness; offers flexibility in mounting options due to its flat profile design; enables easy installation with low maintenance cost which makes it highly suitable for application areas such as construction.
The use of coaxial lighting solutions helps reduce power consumption thus lowering operational costs which are eventually passed on to end consumers in lower prices or freebies offered by vendors.
Regional Analysis:
Asia Pacific dominated the global coaxial lighting market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing adoption of LED lights, especially in countries such as India, Japan, and China. These countries have a large number of industries that use high power LEDs for their applications. Moreover, these countries are investing heavily in infrastructure development which requires high power LEDs for illumination purposes will drive regional growth over the forecast period.
The construction industry is one major sector driving economic growth through sustainable infrastructure development initiatives across Asia Pacific region thereby creating ample opportunities for market players operating within this space to invest in new product developments and manufacturing facilities with higher capacity utilization rates at lower costs than before.
Growth Factors:
- Increasing demand from the automotive sector for LED lighting
- Growing demand for energy-efficient lighting solutions
- Rising awareness about the benefits of LED lighting
- Technological advancements in LED technology
- Growing demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Coaxial Lighting Market Research Report
By Type
UV, White, Red, Infrared, Green, Blue, Others
By Application
Construction, Automotive, Industrial, Aerospace, Others
By Companies
Array Technologies, AllEarth Renewables, DEGERenergie, First Solar, Energia Ercam, Grupo Clavijo, Mecasolar, Hao, Mechatron, SmartTrak, Array Technologies, Soitec, Titan Tracker, SunPower
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Coaxial Lighting Market Report Segments:
The global Coaxial Lighting market is segmented on the basis of:
Types
UV, White, Red, Infrared, Green, Blue, Others
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
Construction, Automotive, Industrial, Aerospace, Others
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:
- Array Technologies
- AllEarth Renewables
- DEGERenergie
- First Solar
- Energia Ercam
- Grupo Clavijo
- Mecasolar
- Hao
- Mechatron
- SmartTrak
- Array Technologies
- Soitec
- Titan Tracker
- SunPower
Highlights of The Coaxial Lighting 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:
- UV
- White
- Red
- Infrared
- Green
- Blue
- Others
- By Application:
- Construction
- Automotive
- Industrial
- Aerospace
- Others
- 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 Coaxial Lighting 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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?
Coaxial lighting is a type of lighting that uses coaxial cables to distribute light. The cables are usually made of metal and have a small bulb at one end, which emits light.
Some of the key players operating in the coaxial lighting market are Array Technologies, AllEarth Renewables, DEGERenergie, First Solar, Energia Ercam, Grupo Clavijo, Mecasolar, Hao, Mechatron, SmartTrak, Array Technologies, Soitec, Titan Tracker, SunPower.
The coaxial lighting market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Coaxial Lighting Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Coaxial Lighting Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Coaxial Lighting Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Coaxial Lighting Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Coaxial Lighting Market Size & Forecast, 2020-2028 4.5.1 Coaxial Lighting Market Size and Y-o-Y Growth 4.5.2 Coaxial Lighting Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 UV
5.2.2 White
5.2.3 Red
5.2.4 Infrared
5.2.5 Green
5.2.6 Blue
5.2.7 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Automotive
6.2.3 Industrial
6.2.4 Aerospace
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Coaxial Lighting Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Coaxial Lighting Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 UV
9.6.2 White
9.6.3 Red
9.6.4 Infrared
9.6.5 Green
9.6.6 Blue
9.6.7 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Automotive
9.10.3 Industrial
9.10.4 Aerospace
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 UV
10.6.2 White
10.6.3 Red
10.6.4 Infrared
10.6.5 Green
10.6.6 Blue
10.6.7 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Automotive
10.10.3 Industrial
10.10.4 Aerospace
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 UV
11.6.2 White
11.6.3 Red
11.6.4 Infrared
11.6.5 Green
11.6.6 Blue
11.6.7 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Automotive
11.10.3 Industrial
11.10.4 Aerospace
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 UV
12.6.2 White
12.6.3 Red
12.6.4 Infrared
12.6.5 Green
12.6.6 Blue
12.6.7 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Automotive
12.10.3 Industrial
12.10.4 Aerospace
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 UV
13.6.2 White
13.6.3 Red
13.6.4 Infrared
13.6.5 Green
13.6.6 Blue
13.6.7 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Automotive
13.10.3 Industrial
13.10.4 Aerospace
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Coaxial Lighting Market: Competitive Dashboard
14.2 Global Coaxial Lighting Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Array Technologies
14.3.2 AllEarth Renewables
14.3.3 DEGERenergie
14.3.4 First Solar
14.3.5 Energia Ercam
14.3.6 Grupo Clavijo
14.3.7 Mecasolar
14.3.8 Hao
14.3.9 Mechatron
14.3.10 SmartTrak
14.3.11 Array Technologies
14.3.12 Soitec
14.3.13 Titan Tracker
14.3.14 SunPower