Market Overview:
The global lamps and luminaire market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for energy-efficient lighting solutions, rising awareness about the benefits of LED lights, and growing demand for smart lighting systems. The global lamps and luminaire market by type is segmented into portable and non-portable lamps and luminaires. The portable lamps and luminaires segment is expected to grow at a CAGR of 6.0% from 2018 to 2030, owing to the increasing demand for LED flashlights, headlamps, lanterns, torches, etc., across the globe. The global lamps and luminaire market by application is segmented into automotive lighting and general lighting applications. The automotive lighting application segment accounted for the largest share in 2017 due to the increasing adoption of LEDs in automotive headlights, taillights/brake lights/turn signals/rear fog lights/side marker lights etc.
Product Definition:
A lamp is a device that produces light from a luminous body. A luminaire is an assembly of one or more lamps, lenses, reflectors and other components designed to produce illumination. The importance of lamps and luminaires is that they provide light for activities such as reading, working on a computer, or cooking.
Portable:
Portable is used to describe equipment that can be transported from one place to another without any substantial disassembly. It includes products such as lamps and luminaires. The lamp consists of a source of electric energy (electricity), a reflector, an optical instrument to focus the light on the required surface, and an outlet for connecting with an external power supply or consuming the generated power.
Non-Portable:
Non-portable is a term used for lighting equipment that is not intended to be moved from its permanent installation position. Non-portable lamps and luminaires are designed to fulfill specific requirements such as area light, accent light or task lighting. They are either installed in free standing fixtures or they are embedded into the ceiling, wall or flooring of an area.
Application Insights:
The general lighting segment led the global market in 2017. The growth can be attributed to the increasing demand for LED and HID light sources from various applications, such as automotive, construction and industrial. Furthermore, growing preference for energy-efficient solutions is also expected to drive the demand over the forecast period.
Automotive lighting accounted for a significant share of more than 30% in 2017 owing to rising adoption of advanced safety systems by major car manufacturers across the globe. For instance, Mercedes Benz has equipped its cars with adaptive front lighting system that changes its intensity in accordance with vehicle speed and steering angle thus providing enhanced visibility at night time driving conditions. Such trends are likely to fuel industry expansion over next eight years especially considering upcoming product launches by key players such as BMW AG and Ford Motor Company LLC on a global level.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a revenue share of more than 35% in 2017 owing to increasing demand from developing countries such as India, China, and Malaysia. Moreover, rising disposable income coupled with growing population will drive product adoption across various application segments including automotive lighting and general lighting.
The Asia Pacific market was followed by Europe which accounted for a revenue share of more than 25% in 2017 owing to high demand from developed economies such as Germany, U.K., Italy, France among others due to increased spending on home entertainment applications along with growing automobile industry across these regions will drive product adoption over next eight years. North America also held a significant share due to presence of key players focusing on distribution enhancement strategies (DES) that include innovations & upgrades; new products; brand awareness campaigns; mergers & acquisitions etc.
Growth Factors:
- Increasing demand from the commercial sector for energy-efficient lighting solutions
- Rising awareness about the benefits of LED lighting among consumers
- Proliferation of smart lighting technologies and platforms
- Growing demand for lamps and luminaires in developing countries
- Increasing adoption of Internet of Things (IoT) in the lamp and luminaire market
Scope Of The Report
Report Attributes
Report Details
Report Title
Lamps and Luminaire Market Research Report
By Type
Portable, Non-Portable
By Application
Automotive Lighting, General Lighting
By Companies
GE (USA), Acuity Brands Lighting, Inc. (USA), Thomas Lighting (USA), Fagerhults Belysning AB (Sweden), Amerlux, LLC (USA), Holophane, Inc. (USA), Juno Lighting Group (USA), FW Thorpe Plc (UK), ELK Group International, Inc. (USA), Havells India Limited (India), Crompton Greaves Ltd. (India), Cree, Inc. (USA), Bajaj Electricals Ltd. (India), Lithonia Lighting Company (USA), Eaton Corporation plc (Ireland), American Electric Lighting (USA), Feilo Sylvania (UK)
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Lamps and Luminaire Market Report Segments:
The global Lamps and Luminaire market is segmented on the basis of:
Types
Portable, Non-Portable
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
Automotive Lighting, General Lighting
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:
- GE (USA)
- Acuity Brands Lighting, Inc. (USA)
- Thomas Lighting (USA)
- Fagerhults Belysning AB (Sweden)
- Amerlux, LLC (USA)
- Holophane, Inc. (USA)
- Juno Lighting Group (USA)
- FW Thorpe Plc (UK)
- ELK Group International, Inc. (USA)
- Havells India Limited (India)
- Crompton Greaves Ltd. (India)
- Cree, Inc. (USA)
- Bajaj Electricals Ltd. (India)
- Lithonia Lighting Company (USA)
- Eaton Corporation plc (Ireland)
- American Electric Lighting (USA)
- Feilo Sylvania (UK)
Highlights of The Lamps and Luminaire 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:
- Portable
- Non-Portable
- By Application:
- Automotive Lighting
- General Lighting
- 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 Lamps and Luminaire 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?
Lamps and luminaires are devices used to produce light. Lamps use either an electric current or a flame to produce light. Luminaires use a variety of different types of lighting sources, such as incandescent, fluorescent, and LED bulbs, to create a variety of colors and effects.
Some of the major companies in the lamps and luminaire market are GE (USA), Acuity Brands Lighting, Inc. (USA), Thomas Lighting (USA), Fagerhults Belysning AB (Sweden), Amerlux, LLC (USA), Holophane, Inc. (USA), Juno Lighting Group (USA), FW Thorpe Plc (UK), ELK Group International, Inc. (USA), Havells India Limited (India), Crompton Greaves Ltd. (India), Cree, Inc. (USA), Bajaj Electricals Ltd. (India), Lithonia Lighting Company (USA), Eaton Corporation plc (Ireland), American Electric Lighting (USA), Feilo Sylvania (UK).
The lamps and luminaire market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Lamps and Luminaire Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Lamps and Luminaire Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Lamps and Luminaire Market - Supply Chain
4.5. Global Lamps and Luminaire Market Forecast
4.5.1. Lamps and Luminaire Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Lamps and Luminaire Market Size (000 Units) and Y-o-Y Growth
4.5.3. Lamps and Luminaire Market Absolute $ Opportunity
5. Global Lamps and Luminaire Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Lamps and Luminaire Market Size and Volume Forecast by Type
5.3.1. Portable
5.3.2. Non-Portable
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Lamps and Luminaire Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Lamps and Luminaire Market Size and Volume Forecast by Application
6.3.1. Automotive Lighting
6.3.2. General Lighting
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Lamps and Luminaire Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Lamps and Luminaire Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Lamps and Luminaire Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Lamps and Luminaire Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Lamps and Luminaire Demand Share Forecast, 2019-2026
9. North America Lamps and Luminaire Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Lamps and Luminaire Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Lamps and Luminaire Market Size and Volume Forecast by Application
9.4.1. Automotive Lighting
9.4.2. General Lighting
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Lamps and Luminaire Market Size and Volume Forecast by Type
9.7.1. Portable
9.7.2. Non-Portable
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Lamps and Luminaire Demand Share Forecast, 2019-2026
10. Latin America Lamps and Luminaire Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Lamps and Luminaire Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Lamps and Luminaire Market Size and Volume Forecast by Application
10.4.1. Automotive Lighting
10.4.2. General Lighting
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Lamps and Luminaire Market Size and Volume Forecast by Type
10.7.1. Portable
10.7.2. Non-Portable
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Lamps and Luminaire Demand Share Forecast, 2019-2026
11. Europe Lamps and Luminaire Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Lamps and Luminaire Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Lamps and Luminaire Market Size and Volume Forecast by Application
11.4.1. Automotive Lighting
11.4.2. General Lighting
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Lamps and Luminaire Market Size and Volume Forecast by Type
11.7.1. Portable
11.7.2. Non-Portable
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. y Sales Channel
11.11. Europe Lamps and Luminaire Demand Share, 2019-2026
12. Asia Pacific Lamps and Luminaire Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Lamps and Luminaire Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Lamps and Luminaire Market Size and Volume Forecast by Application
12.4.1. Automotive Lighting
12.4.2. General Lighting
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Lamps and Luminaire Market Size and Volume Forecast by Type
12.7.1. Portable
12.7.2. Non-Portable
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Lamps and Luminaire Demand Share, 2019-2026
13. Middle East & Africa Lamps and Luminaire Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Lamps and Luminaire Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Lamps and Luminaire Market Size and Volume Forecast by Application
13.4.1. Automotive Lighting
13.4.2. General Lighting
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Lamps and Luminaire Market Size and Volume Forecast by Type
13.7.1. Portable
13.7.2. Non-Portable
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Lamps and Luminaire Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Lamps and Luminaire Market: Market Share Analysis
14.2. Lamps and Luminaire Distributors and Customers
14.3. Lamps and Luminaire Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GE (USA)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Acuity Brands Lighting, Inc. (USA)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Thomas Lighting (USA)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Fagerhults Belysning AB (Sweden)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Amerlux, LLC (USA)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Holophane, Inc. (USA)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Juno Lighting Group (USA)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. FW Thorpe Plc (UK)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ELK Group International, Inc. (USA)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Havells India Limited (India)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Crompton Greaves Ltd. (India)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Cree, Inc. (USA)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Bajaj Electricals Ltd. (India)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Lithonia Lighting Company (USA)
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Eaton Corporation plc (Ireland)
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. American Electric Lighting (USA)
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Feilo Sylvania (UK)
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook