Market Overview:
The global electric lighting equipment manufacturing 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, rising awareness about the benefits of LED lights, and growing demand for automotive lighting. In terms of type, the general lighting segment is expected to hold the largest share in the global electric lighting equipment manufacturing market during the forecast period. This can be attributed to factors such as increasing adoption of LED lights in residential and commercial applications and rising demand for smart home solutions.
Product Definition:
Electric Lighting Equipment Manufacturing is a process of manufacturing electric lamps and lighting fixtures. The importance of Electric Lighting Equipment Manufacturing is that it provides illumination for homes, businesses, and other public places.
General Lighting:
General lighting is a category of electric light sources that provides illumination in an area with no specific task or function. It can be defined as follows: All the lights which are not specifically designed for a particular application but are used to illuminate an area, room or the whole building. General lighting includes incandescent lamps, fluorescent lamps and HID (High Intensity Discharge) lights.
The global general lighting market size was valued at USD 32 billion in 2015.
Automotive Lighting:
Automotive lighting is a collection of lights designed to increase the safety and visibility of vehicles. The automotive lighting industry has seen rapid growth in recent years owing to increasing demand for automobiles across the globe. Automotive lighting helps drivers and pedestrians by making roads and parking lots more visible during day as well as at night, thereby helping in avoiding accidents.
Application Insights:
The global demand for electric lighting equipment has witnessed a paradigm shift due to the growing need for energy-efficient and environment-friendly solutions. With the rapid growth of the automotive sector, particularly in China, Japan and Germany, there has been an upsurge in demand for automotive lighting equipment. The residential segment is expected to witness significant growth over the forecast period owing to increasing urbanization along with rising disposable income levels among consumers in developing countries such as India and China.
The commercial segment accounted for more than 50% of market share in 2017 owing to growing application areas such as corporate offices, retail stores/malls, hotels/motels and restaurants across various regions including North America and Europe. Growing preference towards outdoor decorative lightings at office buildings along with high usage rates are likely drive product demand from this application segment over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to maintain its dominance over the forecast period as well. This can be attributed to increasing disposable income, growing population, and rapid urbanization and industrialization across countries such as China, India, Japan, Indonesia among others. Moreover rising demand for energy-efficient lighting solutions has been driving regional growth over the past few years.
North America accounted for a significant share of revenue in 2017 owing to high demand from commercial applications including restaurants & hotels; retail stores; educational institutes; places of worship among others.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Rising awareness about the benefits of LED lighting
- Proliferation of smart lighting systems and controls
- Growing demand from commercial and industrial sectors
- Emerging markets in Asia Pacific and Latin America
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Lighting Equipment Manufacturing Market Research Report
By Type
General Lighting, Automotive Lighting, Back Lighting
By Application
Residential, Institutional, Commercial, Industrial, Automotive
By Companies
General Electric, Panasonic, Koninklijke Philips, Eaton, OSRAM
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
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Electric Lighting Equipment Manufacturing Market Report Segments:
The global Electric Lighting Equipment Manufacturing market is segmented on the basis of:
Types
General Lighting, Automotive Lighting, Back Lighting
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
Residential, Institutional, Commercial, Industrial, Automotive
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:
- General Electric
- Panasonic
- Koninklijke Philips
- Eaton
- OSRAM
Highlights of The Electric Lighting Equipment Manufacturing 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:
- General Lighting
- Automotive Lighting
- Back Lighting
- By Application:
- Residential
- Institutional
- Commercial
- Industrial
- Automotive
- 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 Electric Lighting Equipment Manufacturing 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?
Electric lighting equipment manufacturing is the process of creating electric light fixtures, switches, and other related electrical equipment.
Some of the major companies in the electric lighting equipment manufacturing market are General Electric, Panasonic, Koninklijke Philips, Eaton, OSRAM.
The electric lighting equipment manufacturing 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 Electric Lighting Equipment Manufacturing 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 Electric Lighting Equipment Manufacturing Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Electric Lighting Equipment Manufacturing 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 Electric Lighting Equipment Manufacturing 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 Electric Lighting Equipment Manufacturing Market Size & Forecast, 2018-2028 4.5.1 Electric Lighting Equipment Manufacturing Market Size and Y-o-Y Growth 4.5.2 Electric Lighting Equipment Manufacturing Market Absolute $ Opportunity
Chapter 5 Global Electric Lighting Equipment Manufacturing 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 Electric Lighting Equipment Manufacturing Market Size Forecast by Type
5.2.1 General Lighting
5.2.2 Automotive Lighting
5.2.3 Back Lighting
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electric Lighting Equipment Manufacturing 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 Electric Lighting Equipment Manufacturing Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Institutional
6.2.3 Commercial
6.2.4 Industrial
6.2.5 Automotive
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Lighting Equipment Manufacturing 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 Electric Lighting Equipment Manufacturing 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 Electric Lighting Equipment Manufacturing Analysis and Forecast
9.1 Introduction
9.2 North America Electric Lighting Equipment Manufacturing 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 Electric Lighting Equipment Manufacturing Market Size Forecast by Type
9.6.1 General Lighting
9.6.2 Automotive Lighting
9.6.3 Back Lighting
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 Electric Lighting Equipment Manufacturing Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Institutional
9.10.3 Commercial
9.10.4 Industrial
9.10.5 Automotive
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 Electric Lighting Equipment Manufacturing Analysis and Forecast
10.1 Introduction
10.2 Europe Electric Lighting Equipment Manufacturing 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 Electric Lighting Equipment Manufacturing Market Size Forecast by Type
10.6.1 General Lighting
10.6.2 Automotive Lighting
10.6.3 Back Lighting
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 Electric Lighting Equipment Manufacturing Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Institutional
10.10.3 Commercial
10.10.4 Industrial
10.10.5 Automotive
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 Electric Lighting Equipment Manufacturing Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electric Lighting Equipment Manufacturing 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 Electric Lighting Equipment Manufacturing Market Size Forecast by Type
11.6.1 General Lighting
11.6.2 Automotive Lighting
11.6.3 Back Lighting
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 Electric Lighting Equipment Manufacturing Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Institutional
11.10.3 Commercial
11.10.4 Industrial
11.10.5 Automotive
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 Electric Lighting Equipment Manufacturing Analysis and Forecast
12.1 Introduction
12.2 Latin America Electric Lighting Equipment Manufacturing 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 Electric Lighting Equipment Manufacturing Market Size Forecast by Type
12.6.1 General Lighting
12.6.2 Automotive Lighting
12.6.3 Back Lighting
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 Electric Lighting Equipment Manufacturing Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Institutional
12.10.3 Commercial
12.10.4 Industrial
12.10.5 Automotive
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) Electric Lighting Equipment Manufacturing Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electric Lighting Equipment Manufacturing 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) Electric Lighting Equipment Manufacturing Market Size Forecast by Type
13.6.1 General Lighting
13.6.2 Automotive Lighting
13.6.3 Back Lighting
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) Electric Lighting Equipment Manufacturing Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Institutional
13.10.3 Commercial
13.10.4 Industrial
13.10.5 Automotive
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 Electric Lighting Equipment Manufacturing Market: Competitive Dashboard
14.2 Global Electric Lighting Equipment Manufacturing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 General Electric
14.3.2 Panasonic
14.3.3 Koninklijke Philips
14.3.4 Eaton
14.3.5 OSRAM