Market Overview:
The global recessed light fixtures market is expected to grow at a CAGR of 5.5% 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 recessed light fixtures in commercial applications. The global recessed light fixtures market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into less than 500 lm, 500-2000 lm, 2000-3000 lm, and more than 3000 lm segments. The 2000-3000 lm segment is expected to grow at a CAGR of 6% during the forecast period from 2018 to 2030. This growth can be attributed to increasing demand for energy-efficient lighting solutions in commercial applications such as retail stores and offices. On the basis of application, the global recessed light fixtures market is divided into education sector, medical sector business sector infrastructure sector other sectors .
Product Definition:
Recessed light fixtures are designed to be installed in the ceiling and provide general illumination. They are often used in kitchens, bathrooms, and other areas where overhead lighting is not desired or practical.
Less Than 500 lm:
The less than 500 lm category of light fixtures is used to indicate a range of lights with output in the 500 lumen-below range. The growth factor for this category is expected to be high as it caters to an application where low lumens light intensity is required. For instance, a typical retail store may prefer 100 - 200 lm lighting solution while an office space would require more than 2,000 lm lighting solution.
500-2000 lm:
500-2000 lm is a range of light fixtures that can produce an illumination with a power ranging from 500lm to 2000lm. The fixture has applications in recessed light fixtures and surface mount lighting. It also finds its application in architectural, industrial, retail and decorative lighting among others. 500-2000 lm lights are available in different forms such as linear fluorescent, T-type fluorescent lamps as well as A-type compact Fluorescent lamps (CFLs).
Application Insights:
The education application segment led the global recessed light fixtures market and accounted for more than a 23% share of the total revenue in 2017. The growth can be attributed to an increase in government spending on education, which has resulted in an increased number of construction projects across various countries. For instance, according to data published by World Bank, it is estimated that around USD 1.3 trillion was invested globally in 2015-16 while around USD 940 billion was invested back in 2000-01. This represents a rise of around 35% during last decade or so and this trend is expected to continue over the next few years with more intensity since there are many developers who have been waiting for opportunities like these to invest profitably.
Medical application segment is anticipated to witness significant growth over the forecast period owing to increasing investments by governments as well as private players for developing healthcare infrastructure at both domestic level as well as regional level i.e.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid urbanization, which has resulted in increased construction activities. This, in turn, is likely to drive the demand for recessed lighting fixtures over the forecast period. Moreover, rising awareness regarding energy conservation and sustainable development will further propel industry growth.
The growing number of shopping malls across emerging economies such as India and China are driving consumer preference toward convenient interior designs including recessed lighting fixtures for aesthetic appeal along with functional requirements such as improved visibility and reduced shadows cast by pillars or walls while walking inside a mall space at night time.
Growth Factors:
- Increasing demand from the commercial sector for energy-efficient lighting solutions
- Rising awareness about the benefits of using recessed light fixtures over other types of lighting fixtures
- Growing popularity of LED technology, which is well-suited for recessed light fixtures
- Proliferation of smart homes and buildings, which are increasingly incorporating automated lighting controls systems that include recessed lights
- Ongoing advancements in LED technology that are resulting in more efficient and longer lasting bulbs
Scope Of The Report
Report Attributes
Report Details
Report Title
Recessed Light Fixtures Market Research Report
By Type
Less Than 500 lm, 500-2000 lm, 2000-3000 lm, More Than 3000 lm
By Application
Education, Medical, Business, Infrastructure, Other
By Companies
Louis Poulsen, Delta Light, Zumtobel Group, Martinelli Luce, Targetti, Linea Light, LIGMAN, Buzzi＆Buzzi, Metalmek Illuminazione, Donati Group, PROLICHT, Top Light
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
155
Number of Tables & Figures
109
Customization Available
Yes, the report can be customized as per your need.
Global Recessed Light Fixtures Market Report Segments:
The global Recessed Light Fixtures market is segmented on the basis of:
Types
Less Than 500 lm, 500-2000 lm, 2000-3000 lm, More Than 3000 lm
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
Education, Medical, Business, Infrastructure, Other
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:
- Louis Poulsen
- Delta Light
- Zumtobel Group
- Martinelli Luce
- Targetti
- Linea Light
- LIGMAN
- Buzzi＆Buzzi
- Metalmek Illuminazione
- Donati Group
- PROLICHT
- Top Light
Highlights of The Recessed Light Fixtures 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:
- Less Than 500 lm
- 500-2000 lm
- 2000-3000 lm
- More Than 3000 lm
- By Application:
- Education
- Medical
- Business
- Infrastructure
- Other
- 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 Recessed Light Fixtures 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
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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?
Recessed light fixtures are a type of lighting fixture that is typically found in the ceiling or wall of a room. Recessed light fixtures have a recessed area, which is below the surface of the mounting surface. The recessed area provides an area for light to be directed down, and they are often used to provide supplemental lighting.
Some of the key players operating in the recessed light fixtures market are Louis Poulsen, Delta Light, Zumtobel Group, Martinelli Luce, Targetti, Linea Light, LIGMAN, Buzzi＆Buzzi, Metalmek Illuminazione, Donati Group, PROLICHT, Top Light.
The recessed light fixtures market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Recessed Light Fixtures 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 Recessed Light Fixtures Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Recessed Light Fixtures 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 Recessed Light Fixtures 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 Recessed Light Fixtures Market Size & Forecast, 2020-2028
4.5.1 Recessed Light Fixtures Market Size and Y-o-Y Growth
4.5.2 Recessed Light Fixtures 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 Less Than 500 lm
5.2.2 500-2000 lm
5.2.3 2000-3000 lm
5.2.4 More Than 3000 lm
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 Education
6.2.2 Medical
6.2.3 Business
6.2.4 Infrastructure
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Recessed Light Fixtures 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 Recessed Light Fixtures 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 Less Than 500 lm
9.6.2 500-2000 lm
9.6.3 2000-3000 lm
9.6.4 More Than 3000 lm
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 Education
9.10.2 Medical
9.10.3 Business
9.10.4 Infrastructure
9.10.5 Other
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 Less Than 500 lm
10.6.2 500-2000 lm
10.6.3 2000-3000 lm
10.6.4 More Than 3000 lm
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 Education
10.10.2 Medical
10.10.3 Business
10.10.4 Infrastructure
10.10.5 Other
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 Less Than 500 lm
11.6.2 500-2000 lm
11.6.3 2000-3000 lm
11.6.4 More Than 3000 lm
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 Education
11.10.2 Medical
11.10.3 Business
11.10.4 Infrastructure
11.10.5 Other
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 Less Than 500 lm
12.6.2 500-2000 lm
12.6.3 2000-3000 lm
12.6.4 More Than 3000 lm
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 Education
12.10.2 Medical
12.10.3 Business
12.10.4 Infrastructure
12.10.5 Other
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 Less Than 500 lm
13.6.2 500-2000 lm
13.6.3 2000-3000 lm
13.6.4 More Than 3000 lm
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 Education
13.10.2 Medical
13.10.3 Business
13.10.4 Infrastructure
13.10.5 Other
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 Recessed Light Fixtures Market: Competitive Dashboard
14.2 Global Recessed Light Fixtures Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Louis Poulsen
14.3.2 Delta Light
14.3.3 Zumtobel Group
14.3.4 Martinelli Luce
14.3.5 Targetti
14.3.6 Linea Light
14.3.7 LIGMAN
14.3.8 Buzzi＆Buzzi
14.3.9 Metalmek Illuminazione
14.3.10 Donati Group
14.3.11 PROLICHT
14.3.12 Top Light
