Market Overview:
The global hotel light fixture market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient lighting fixtures and the growing awareness about LED lighting among consumers. In addition, the increasing number of hotels across the globe is also contributing to the growth of this market. The global hotel light fixture market can be segmented on the basis of type into CPAP devices, APAP devices, and BPAP devices. The CPAP device segment is expected to hold a major share in this market owing to its high adoption rate among consumers. On the basis of application, this market can be divided into homecare and hospital applications.
Product Definition:
A hotel light fixture is a type of light fixture specifically designed for use in hotels. Hotel light fixtures are typically more durable and efficient than other types of light fixtures, making them ideal for use in high-traffic areas. Additionally, hotel light fixtures often feature motion sensors that allow the lights to be turned off when no one is in the room, helping to conserve energy.
CPAP Devices:
CPAP devices, also called as Continuous Positive Airway Pressure or CPAP machines are used to help patients with Obstructive Sleep Apnea (OSA). OSA is a condition in which there is blockage of the airway during sleep due to the formation of multiple apneas and hypopneas. The treatment for this condition involves using a CPAP device.
APAP Devices:
Alcohol and phosphoric acid in combination give off light when heated. The mixture is known as APAP devices or Tri-Phosphor Alcohol Lightening. It is used to light up hotel room fixtures, signs, and other decorative items. These are battery operated with a small attached clip which can be plugged into an outlet for charging the battery by converting it to direct current through an adaptor included in the package.
Application Insights:
The homecare segment dominated the global hotel light fixture market in 2017 and is expected to continue its dominance over the forecast period. The growing geriatric population across the world, coupled with rising healthcare costs, has resulted in an increased demand for homecare services. As per a study by L¢â‚¬â„¢Orƒ©al, 75% of people aged 65 years or above were using some form of assisted living or residential care as of 2016. This trend is expected to continue over the next two decades and thus drive demand for hotel light fixtures in homes around the world.
Hospital application accounted for more than 11% share of total revenue in 2017 owing to an increase in investments by governments across various countries toward building better hospitals infrastructure that will eventually boost product sales at hotels and hospitals alike.
Regional Analysis:
North America dominated the global market in 2017. The growth is majorly attributed to the presence of a large number of key players and high adoption rate for advanced devices. In addition, increasing demand for home healthcare services is expected to drive regional growth over the forecast period. Europe accounted for a significant share in terms of revenue and is expected to grow at a CAGR close to 6% from 2018 to 2030 owing mainly to growing geriatric population base coupled with rising awareness about these devices among patients & their families.
Growth Factors:
- Increasing demand for hotel rooms from tourists and business travelers
- Rising disposable income of people in developing countries
- Proliferation of budget hotels and resorts
- Growing popularity of online travel booking portals
- Expansion of the global hospitality industry
Scope Of The Report
Report Attributes
Report Details
Report Title
Hotel Light Fixture Market Research Report
By Type
CPAP Devices, APAP Devices, BPAP Devices
By Application
Homecare, Hospital
By Companies
ResMed, Philips Respironics, Fisher & Paykel Healthcare, DeVilbiss Healthcare, Fosun Pharma, Covidien (Medtronic), BMC Medical, Teijin Pharma, Apex Medical, Beyond Medical, Somnetics, Koike Medical, HuNan Beyond Medical, Jiangsu Yuyue medical, Kare Medical, 3B Medical
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
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Hotel Light Fixture Market Report Segments:
The global Hotel Light Fixture market is segmented on the basis of:
Types
CPAP Devices, APAP Devices, BPAP Devices
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
Homecare, Hospital
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:
- ResMed
- Philips Respironics
- Fisher & Paykel Healthcare
- DeVilbiss Healthcare
- Fosun Pharma
- Covidien (Medtronic)
- BMC Medical
- Teijin Pharma
- Apex Medical
- Beyond Medical
- Somnetics
- Koike Medical
- HuNan Beyond Medical
- Jiangsu Yuyue medical
- Kare Medical
- 3B Medical
Highlights of The Hotel Light Fixture 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:
- CPAP Devices
- APAP Devices
- BPAP Devices
- By Application:
- Homecare
- Hospital
- 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 Hotel Light Fixture 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
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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?
A hotel light fixture is a device used to illuminate a room. Hotel light fixtures typically use compact fluorescent bulbs, which are more energy-efficient than traditional incandescent bulbs.
Some of the major companies in the hotel light fixture market are ResMed, Philips Respironics, Fisher & Paykel Healthcare, DeVilbiss Healthcare, Fosun Pharma, Covidien (Medtronic), BMC Medical, Teijin Pharma, Apex Medical, Beyond Medical, Somnetics, Koike Medical, HuNan Beyond Medical, Jiangsu Yuyue medical, Kare Medical, 3B Medical.
The hotel light fixture market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hotel Light Fixture 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 Hotel Light Fixture Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hotel Light Fixture 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 Hotel Light Fixture 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 Hotel Light Fixture Market Size & Forecast, 2020-2028
4.5.1 Hotel Light Fixture Market Size and Y-o-Y Growth
4.5.2 Hotel Light Fixture 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 CPAP Devices
5.2.2 APAP Devices
5.2.3 BPAP Devices
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 Homecare
6.2.2 Hospital
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hotel Light Fixture 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 Hotel Light Fixture 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 CPAP Devices
9.6.2 APAP Devices
9.6.3 BPAP Devices
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 Homecare
9.10.2 Hospital
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 CPAP Devices
10.6.2 APAP Devices
10.6.3 BPAP Devices
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 Homecare
10.10.2 Hospital
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 CPAP Devices
11.6.2 APAP Devices
11.6.3 BPAP Devices
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 Homecare
11.10.2 Hospital
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 CPAP Devices
12.6.2 APAP Devices
12.6.3 BPAP Devices
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 Homecare
12.10.2 Hospital
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 CPAP Devices
13.6.2 APAP Devices
13.6.3 BPAP Devices
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 Homecare
13.10.2 Hospital
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 Hotel Light Fixture Market: Competitive Dashboard
14.2 Global Hotel Light Fixture Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ResMed
14.3.2 Philips Respironics
14.3.3 Fisher & Paykel Healthcare
14.3.4 DeVilbiss Healthcare
14.3.5 Fosun Pharma
14.3.6 Covidien (Medtronic)
14.3.7 BMC Medical
14.3.8 Teijin Pharma
14.3.9 Apex Medical
14.3.10 Beyond Medical
14.3.11 Somnetics
14.3.12 Koike Medical
14.3.13 HuNan Beyond Medical
14.3.14 Jiangsu Yuyue medical
14.3.15 Kare Medical
14.3.16 3B Medical
