Market Overview:
The global suspended lamps 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 the benefits of LED lighting, and rising demand for suspended lamps in commercial applications. The global suspended lamps market is segmented on the basis of type into LED, fluorescent, halogen, HID, and other types. The LED segment is expected to grow at a CAGR of 6.8% during the forecast period from 2018 to 2030. This growth can be attributed to the increasing demand for energy-efficient lighting solutions and rising awareness about the benefits of LED lighting. On the basis of application,the global suspended lamps market is segmented into outdoor and indoor applications.
Product Definition:
Lamps that are hung from the ceiling. They may be plugged into an outlet or they may have a battery.
LED:
LED is a semiconductor light source which can be used as a replacement for incandescent, halogen, and fluorescent lamps. It offers better energy efficiency, longer life span and low power consumption. The most important factor contributing to the growth of LED market is its cost; it’s much lower than other lamp types making it more competitive in the market.
Fluorescent:
Fluorescent lamps are electronic devices which produce light by the excitation of fluorescent substances. Fluorescent lamps are available in two forms: cold-cathode and hot-cathode. The difference between these two types is that, while cold cathode lamp uses a metal reflector to direct the current flow, hot cathode lamp does not have a metal reflector but has an opaque glass tube for focusing the current flow.
Application Insights:
The outdoor application segment led the global suspended lamps market and accounted for more than 60.0% share of the total revenue in 2017. The growth can be attributed to increasing demand from construction, automotive, industrial applications across various regions. Construction is one of the major consumers as it requires huge lighting solutions on a daily basis. Suspended lights provide an aesthetic appeal to any place they are installed which is likely to boost their demand in upcoming years.
Suspended lights have several advantages over other types including energy-efficiency and ease of installation/removal etc., which makes them suitable for indoor applications as well as outdoor ones thus propelling their demand over the forecast period at a significant rate globally suspending light fixtures market growth from 2018 to 2030 in terms of revenue expansion.
Regional Analysis:
Europe was the largest regional market in 2017 and accounted for over 30% of global share. The region is expected to dominate the industry over the forecast period as well due to growing adoption of modern lighting solutions across various applications, such as outdoor, indoor decorative, and signboard. Moreover, stringent government regulations regarding energy consumption are anticipated to propel product demand in this region.
Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 owing with increasing construction activities across developing countries like China and India on account of rising population coupled with rapid urbanization. In addition, rising disposable income levels among consumers will drive demand for luxury residential buildings along with commercial establishments including restaurants and shopping malls thereby driving growth in this region.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Rising awareness about the benefits of suspended lamps
- Growing popularity of minimalist interior design trends
- Proliferation of online retail platforms that offer a wide range of suspended lamps at competitive prices
- Advances in LED technology that have made these lamps more affordable and energy-efficient
Scope Of The Report
Report Attributes
Report Details
Report Title
Suspended Lamps Market Research Report
By Type
LED, Fluorescent, Halogen, HID, Other
By Application
Outdoor, Indoor
By Companies
SPI Lighting, Ligman Lighting, Lumenpulse, Paber, ASTEL LIGHTING, BOVER Barcelona, Ares, KARMAN, Lombardo, PUK LIGHTING, Roger Pradier, ZERO, Ivela, Hive, Faro Barcelona, Artemide, BEL-LIGHTING, Civic, DELTA LIGHT, Indelague
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
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Suspended Lamps Market Report Segments:
The global Suspended Lamps market is segmented on the basis of:
Types
LED, Fluorescent, Halogen, HID, Other
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
Outdoor, Indoor
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:
- SPI Lighting
- Ligman Lighting
- Lumenpulse
- Paber
- ASTEL LIGHTING
- BOVER Barcelona
- Ares
- KARMAN
- Lombardo
- PUK LIGHTING
- Roger Pradier
- ZERO
- Ivela
- Hive
- Faro Barcelona
- Artemide
- BEL-LIGHTING
- Civic
- DELTA LIGHT
- Indelague
Highlights of The Suspended Lamps 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
- Fluorescent
- Halogen
- HID
- Other
- By Application:
- Outdoor
- Indoor
- 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 Suspended Lamps 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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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?
Suspended lamps are lamps that hang from the ceiling by a wire or chain. They provide a bright light and are popular in restaurants, bars, and other places where a lot of people are around.
Some of the major companies in the suspended lamps market are SPI Lighting, Ligman Lighting, Lumenpulse, Paber, ASTEL LIGHTING, BOVER Barcelona, Ares, KARMAN, Lombardo, PUK LIGHTING, Roger Pradier, ZERO, Ivela, Hive, Faro Barcelona, Artemide, BEL-LIGHTING, Civic, DELTA LIGHT, Indelague.
The suspended lamps market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Suspended Lamps 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 Suspended Lamps Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Suspended Lamps 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 Suspended Lamps 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 Suspended Lamps Market Size & Forecast, 2018-2028
4.5.1 Suspended Lamps Market Size and Y-o-Y Growth
4.5.2 Suspended Lamps Market Absolute $ Opportunity
Chapter 5 Global Suspended Lamps 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 Suspended Lamps Market Size Forecast by Type
5.2.1 LED
5.2.2 Fluorescent
5.2.3 Halogen
5.2.4 HID
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Suspended Lamps 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 Suspended Lamps Market Size Forecast by Applications
6.2.1 Outdoor
6.2.2 Indoor
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Suspended Lamps 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 Suspended Lamps 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 Suspended Lamps Analysis and Forecast
9.1 Introduction
9.2 North America Suspended Lamps 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 Suspended Lamps Market Size Forecast by Type
9.6.1 LED
9.6.2 Fluorescent
9.6.3 Halogen
9.6.4 HID
9.6.5 Other
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 Suspended Lamps Market Size Forecast by Applications
9.10.1 Outdoor
9.10.2 Indoor
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 Suspended Lamps Analysis and Forecast
10.1 Introduction
10.2 Europe Suspended Lamps 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 Suspended Lamps Market Size Forecast by Type
10.6.1 LED
10.6.2 Fluorescent
10.6.3 Halogen
10.6.4 HID
10.6.5 Other
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 Suspended Lamps Market Size Forecast by Applications
10.10.1 Outdoor
10.10.2 Indoor
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 Suspended Lamps Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Suspended Lamps 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 Suspended Lamps Market Size Forecast by Type
11.6.1 LED
11.6.2 Fluorescent
11.6.3 Halogen
11.6.4 HID
11.6.5 Other
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 Suspended Lamps Market Size Forecast by Applications
11.10.1 Outdoor
11.10.2 Indoor
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 Suspended Lamps Analysis and Forecast
12.1 Introduction
12.2 Latin America Suspended Lamps 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 Suspended Lamps Market Size Forecast by Type
12.6.1 LED
12.6.2 Fluorescent
12.6.3 Halogen
12.6.4 HID
12.6.5 Other
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 Suspended Lamps Market Size Forecast by Applications
12.10.1 Outdoor
12.10.2 Indoor
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) Suspended Lamps Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Suspended Lamps 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) Suspended Lamps Market Size Forecast by Type
13.6.1 LED
13.6.2 Fluorescent
13.6.3 Halogen
13.6.4 HID
13.6.5 Other
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) Suspended Lamps Market Size Forecast by Applications
13.10.1 Outdoor
13.10.2 Indoor
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 Suspended Lamps Market: Competitive Dashboard
14.2 Global Suspended Lamps Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SPI Lighting
14.3.2 Ligman Lighting
14.3.3 Lumenpulse
14.3.4 Paber
14.3.5 ASTEL LIGHTING
14.3.6 BOVER Barcelona
14.3.7 Ares
14.3.8 KARMAN
14.3.9 Lombardo
14.3.10 PUK LIGHTING
14.3.11 Roger Pradier
14.3.12 ZERO
14.3.13 Ivela
14.3.14 Hive
14.3.15 Faro Barcelona
14.3.16 Artemide
14.3.17 BEL-LIGHTING
14.3.18 Civic
14.3.19 DELTA LIGHT
14.3.20 Indelague
