Market Overview:
The global in-ground well lights market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for energy-efficient lighting solutions and rising awareness about the benefits of LED lights over traditional lighting solutions. The in-ground well lights market is segmented on the basis of type into LED lights and halogen lights. The LED Lights segment is expected to grow at a higher CAGR than that of halogen light during the forecast period from 2018 to 2030, owing to its energy efficiency and longer life span as compared with other types of light bulbs. On the basis of application, commercial area, public area, industrial area, and residential area are some key segments considered in this study.
Product Definition:
In-Ground Well Lights are fixtures that are installed in the ground and used to illuminate an area. They are typically used around wells, entrances, or other areas where extra lighting is desired.
LED Lights:
LED lights are the latest innovation in the well-lighting industry. They have a number of advantages over conventional lights such as lower power consumption, longer life span, and better quality light. The growth factor for LED lights is their cost effectiveness which makes them competitive with other lighting solutions available in the market today. Conventional Well Lights (WLL) use high power bulbs that consume more energy and produce less lumens output resulting in higher operational costs over time.
Halogen Lights:
Halogen lights are gas-discharge lamps that produce light by chemical reaction. They have a lower energy level than incandescent bulbs and are not as efficient as fluorescent lights, but they are much cheaper. Halogen in-ground well light market is expected to witness significant growth over the forecast period owing to its low cost and easy availability compared to other lighting sources such as LED or fluorescent lamps.
Application Insights:
The commercial area segment held the largest share of over 60.0% in 2017. The growth can be attributed to the rising demand for well-established and developed infrastructures, which require lighting solutions that are both energy-efficient and aesthetically appealing. In addition, growing investments by public sector companies in developing commercial areas is expected to augment market growth over the forecast period.
The public area segment is projected to witness significant growth owing to increasing government initiatives on improving roadways, highways and walkways with a view toward enhancing safety along with promoting tourism across various regions globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of oil & gas, power generation, and other industries requiring maintenance & repair activities at night. This is likely to drive demand for INGWs in commercial as well as residential applications. Moreover, rising government initiatives such as “Make in India†are expected to boost manufacturing activities across the country which will further propel demand for INGWs over the next eight years.
North America accounted for more than 20% of total revenue share in 2017 owing to growing adoption across U.S.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Rising awareness about the benefits of in-ground well lights
- Growing popularity of LED technology
- Proliferation of smart home systems and IoT devices
- Emerging applications for in-ground well lights
Scope Of The Report
Report Attributes
Report Details
Report Title
In-Ground Well Lights Market Research Report
By Type
LED Lights, Halogen Lights
By Application
Commercial Area, Public Area, Industrial Area, Residential Area
By Companies
FX Luminaire, VOLT Lighting, Unique Lighting Systems, Hubbell, BEGA Lighting, Artemide, Focus Industries, Hinkley Lighting, Kichler Lighting, WAC Lighting, Eurofase Lighting, Orbit Industries, Dabmar Lighting, DuLight, Green Surfer, Laster Tech Corporation, VONN Lighting
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
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global In-Ground Well Lights Market Report Segments:
The global In-Ground Well Lights market is segmented on the basis of:
Types
LED Lights, Halogen Lights
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
Commercial Area, Public Area, Industrial Area, Residential Area
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:
- FX Luminaire
- VOLT Lighting
- Unique Lighting Systems
- Hubbell
- BEGA Lighting
- Artemide
- Focus Industries
- Hinkley Lighting
- Kichler Lighting
- WAC Lighting
- Eurofase Lighting
- Orbit Industries
- Dabmar Lighting
- DuLight
- Green Surfer
- Laster Tech Corporation
- VONN Lighting
Highlights of The In-Ground Well Lights 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:
- LED Lights
- Halogen Lights
- By Application:
- Commercial Area
- Public Area
- Industrial Area
- Residential Area
- 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 In-Ground Well Lights 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?
In-Ground Well Lights are a type of lighting that is installed in wells to provide illumination. They are typically used to help find and extract oil or gas from the well.
Some of the major players in the in-ground well lights market are FX Luminaire, VOLT Lighting, Unique Lighting Systems, Hubbell, BEGA Lighting, Artemide, Focus Industries, Hinkley Lighting, Kichler Lighting, WAC Lighting, Eurofase Lighting, Orbit Industries, Dabmar Lighting, DuLight, Green Surfer, Laster Tech Corporation, VONN Lighting.
The in-ground well lights market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 In-Ground Well Lights 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 In-Ground Well Lights Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 In-Ground Well Lights 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 In-Ground Well Lights 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 In-Ground Well Lights Market Size & Forecast, 2020-2028
4.5.1 In-Ground Well Lights Market Size and Y-o-Y Growth
4.5.2 In-Ground Well Lights 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 LED Lights
5.2.2 Halogen Lights
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 Commercial Area
6.2.2 Public Area
6.2.3 Industrial Area
6.2.4 Residential Area
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global In-Ground Well Lights 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 In-Ground Well Lights 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 LED Lights
9.6.2 Halogen Lights
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 Commercial Area
9.10.2 Public Area
9.10.3 Industrial Area
9.10.4 Residential Area
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 LED Lights
10.6.2 Halogen Lights
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 Commercial Area
10.10.2 Public Area
10.10.3 Industrial Area
10.10.4 Residential Area
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 LED Lights
11.6.2 Halogen Lights
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 Commercial Area
11.10.2 Public Area
11.10.3 Industrial Area
11.10.4 Residential Area
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 LED Lights
12.6.2 Halogen Lights
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 Commercial Area
12.10.2 Public Area
12.10.3 Industrial Area
12.10.4 Residential Area
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 LED Lights
13.6.2 Halogen Lights
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 Commercial Area
13.10.2 Public Area
13.10.3 Industrial Area
13.10.4 Residential Area
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 In-Ground Well Lights Market: Competitive Dashboard
14.2 Global In-Ground Well Lights Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 FX Luminaire
14.3.2 VOLT Lighting
14.3.3 Unique Lighting Systems
14.3.4 Hubbell
14.3.5 BEGA Lighting
14.3.6 Artemide
14.3.7 Focus Industries
14.3.8 Hinkley Lighting
14.3.9 Kichler Lighting
14.3.10 WAC Lighting
14.3.11 Eurofase Lighting
14.3.12 Orbit Industries
14.3.13 Dabmar Lighting
14.3.14 DuLight
14.3.15 Green Surfer
14.3.16 Laster Tech Corporation
14.3.17 VONN Lighting
