Market Overview:
The global step lights market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient lighting solutions and rising awareness about safety and security among consumers. Based on type, the LED step lights segment is expected to lead the global step lights market during the forecast period. This can be attributed to factors such as low power consumption, longer life span, and easy installation. Based on application, the outdoor segment is projected to lead the global step lights market during 2018-2030 owing to increased adoption for illumination purposes in public places such as parks, gardens, and stadiums.
Product Definition:
Step lights are small, low-voltage light fixtures typically installed in stairways. They provide illumination for people walking up and down stairs and can also be used to accentuate the look of a staircase. Step lights are important for safety reasons, as they help to ensure that people can see where they are going when walking up or down stairs in the dark.
LED Step Lights:
LED step lights is a new product category in the Step Lights market. It's an innovative approach to illuminate vertical steps or rails of any height with bright LEDs. The light source is placed between the first and second step, and it illuminates both steps and the rail simultaneously.
It uses less power (80% less than conventional bulbs).
Halogen Step Lights:
Halogen step lights is a type of step light that uses gas-discharge lamps as its source of illumination. The halogen lamp is used to produce ultraviolet (UV) light which causes the ozone in the air to break down into oxygen and free radicals. This reaction produces a lot of heat, and this heat provides enough energy needed for the bulbs to give out maximum output.
Application Insights:
Indoor application dominated the global step lights market, accounting for more than 60.0% share of the total revenue in 2017. The growth is attributed to increasing adoption of LED and fluorescent lightings as well as neon signs in commercial places, such as malls and shopping complexes. Furthermore, growing trend towards using step lights with moving bodies or animated figures on them is expected to drive the segment further over the forecast period.
The outdoor application segment is projected to witness significant growth over the forecast period owing to rising demand from end-use industries including automotive and construction equipment industry which are increasingly using these products due to their visibility at night time or during foggy weather conditions. Moreover, increasing use of led lighting solutions by traffic police department across countries like India and China for marking different signals including stop sign/arrows right/left will boost product demand in near future years.
Regional Analysis:
Europe dominated the global market in 2017, accounting for more than 30.0% of the total revenue share. The growth is attributed to increasing adoption of step lights in countries such as Germany and U.K., which are among the largest markets for commercial vehicles and heavy machinery globally.
Asia Pacific is expected to witness significant growth during the forecast period owing to rapid urbanization and industrialization taking place across major economies including China, India, Japan etcetera In addition these factors have contributed significantly towards increasing demand Step Lights For Construction And Maintenance Work In Developing Countries Such As India And China Over The Past Few Years Therefore Increasing Demand For Global Step Lights Market By Application)Indoor) To 2030 In Asia Pacific region).
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Rising awareness about the benefits of using step lights
- Growing popularity of LED technology
- Proliferation of smart homes and connected devices
- Emerging applications for step lights
Scope Of The Report
Report Attributes
Report Details
Report Title
Step Lights Market Research Report
By Type
LED Step Lights, Halogen Step Lights, Xenon Step Lights
By Application
Indoor, Outdoor
By Companies
Eaton, Kickler, Etron, Bruck Lighting, LBL Lighting, CSL Lighting, American Lighting, Molto Luce, Juno, DALS Lighting, Eaton, Hinkley 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
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Step Lights Market Report Segments:
The global Step Lights market is segmented on the basis of:
Types
LED Step Lights, Halogen Step Lights, Xenon Step 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
Indoor, Outdoor
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:
- Eaton
- Kickler
- Etron
- Bruck Lighting
- LBL Lighting
- CSL Lighting
- American Lighting
- Molto Luce
- Juno
- DALS Lighting
- Eaton
- Hinkley Lighting
Highlights of The Step 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 Step Lights
- Halogen Step Lights
- Xenon Step Lights
- By Application:
- Indoor
- Outdoor
- 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 Step 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?
Step lights are a type of lighting that is typically used in staircases and other areas where it is difficult or impossible to install regular light fixtures. They consist of a series of small, bright LEDs that are attached to the railing or wall above the step, and they provide enough light to see by while still allowing people to use the stairs safely.
Some of the major companies in the step lights market are Eaton, Kickler, Etron, Bruck Lighting, LBL Lighting, CSL Lighting, American Lighting, Molto Luce, Juno, DALS Lighting, Eaton, Hinkley Lighting.
The step 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 Step 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 Step Lights Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Step 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 Step 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 Step Lights Market Size & Forecast, 2020-2028
4.5.1 Step Lights Market Size and Y-o-Y Growth
4.5.2 Step 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 Step Lights
5.2.2 Halogen Step Lights
5.2.3 Xenon Step 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 Indoor
6.2.2 Outdoor
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Step 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 Step 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 Step Lights
9.6.2 Halogen Step Lights
9.6.3 Xenon Step 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 Indoor
9.10.2 Outdoor
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 Step Lights
10.6.2 Halogen Step Lights
10.6.3 Xenon Step 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 Indoor
10.10.2 Outdoor
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 Step Lights
11.6.2 Halogen Step Lights
11.6.3 Xenon Step 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 Indoor
11.10.2 Outdoor
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 Step Lights
12.6.2 Halogen Step Lights
12.6.3 Xenon Step 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 Indoor
12.10.2 Outdoor
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 Step Lights
13.6.2 Halogen Step Lights
13.6.3 Xenon Step 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 Indoor
13.10.2 Outdoor
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 Step Lights Market: Competitive Dashboard
14.2 Global Step Lights Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Eaton
14.3.2 Kickler
14.3.3 Etron
14.3.4 Bruck Lighting
14.3.5 LBL Lighting
14.3.6 CSL Lighting
14.3.7 American Lighting
14.3.8 Molto Luce
14.3.9 Juno
14.3.10 DALS Lighting
14.3.11 Eaton
14.3.12 Hinkley Lighting
