General Lighting Market is Expected to be Valued at CAGR of 5.74% during 2018-2022

September 21, 2018: About General Lighting

The lighting industry includes general lighting, automotive lighting, and backlighting. General lighting is based on fixed light source installations, which deliver a practical or aesthetic lighting effect. CFLs, LFLs, HID lights, and LEDs are some of the major general lighting products.Global general lighting market to grow at a CAGR of 5.74% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global general lighting market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

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The market is divided into the following segments based on geography:

• Americas

• APAC

• EMEA

Global General Lighting Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

• Acuity Brands

• Cree

• Eaton

• GENERAL ELECTRIC

• Koninklijke Philips

• OSRAM

• Panasonic

Market driver

• Declining manufacturing cost of LEDs

• For a full, detailed list, view our report

Market challenge

• High average cost per LED fixture

• For a full, detailed list, view our report

Market trend

• Growing number of households and urbanization

• For a full, detailed list, view our report

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