XploreMR offers an 8-year forecast for the residential lighting fixture market between 2018 and 2026. In terms of value, the residential lighting fixture market is expected to register a CAGR of 4.5% during the forecast period. The study demonstrates the market dynamics and trends globally across various regions, which include North America, Latin America, Europe, China, Japan, South East Asia and the Middle East & Africa, which influence the current nature and future status of the residential lighting fixture market over the forecast period.
This research report provides a detailed analysis of the residential lighting fixture market and offers insights on the various factors. The market study also provides a comprehensive assessment of the stakeholder strategies and imperatives for succeeding in the business. The report segregates the residential lighting fixture market based on fixture, lighting source, pricing and module across different regions globally.
Key players are introducing technologically advanced and smart residential lighting fixture. Regions such as China are witnessing a rapid change in their economy as well as a rural to urban shift. Developing countries such as SEA and Europe are witnessing rapid urbanization and growth in disposable income. These changes are creating significant demand for the deployment of lighting fixture in the residential segment.
The report starts with an overview of the global residential lighting fixture market in terms of value. In addition, this section includes an analysis of thy key trends, drivers and restraints, which are influencing the residential lighting fixture market. The impact analysis of key growth drivers and restraints are included in this report to facilitate clients with crystal-clear decision-making insights.
The global residential lighting fixture market is categorized based on the fixture, lighting source, pricing and region.
On the basis of fixture, the residential lighting fixture market is segmented into recessed fixture, flush mount, vanity fixture, under cabinet, outdoor and others. Based on lighting source, the residential lighting fixture market is segmented into incandescent, fluorescent and LED & OLED. On the basis of pricing, the residential lighting fixture market is segmented into premium (above US$ 350), medium (US$ 200 – US$ 350) and low (up to US$ 200) segments. A detailed analysis has been provided for every segment in terms of the market size analysis for the residential lighting fixture market across different regions.
The next section consists of a detailed analysis of residential lighting fixture across various countries in the region. It provides a market outlook for 2018–2026 and sets the forecast within the context of the residential lighting fixture market, which includes the latest technological developments in the market. This study discusses the key trends within countries contributing to growth of the residential lighting fixture market, as well as analyses the degree at which drivers are influencing the residential lighting fixture market in each region. The key regions and countries assessed in this report include North America (U.S. & Canada), Latin America (Brazil, Mexico, & the rest of Latin America), Europe (Germany, UK, France, Italy, Spain, BENELUX, Russia, & the rest of Europe), China, Japan, SEA & others of APAC (India, Australia & New Zealand, ASEAN, and the rest of SEA & other APAC), MEA (North Africa, South Africa, GCC, Turkey, & the rest of MEA).
This residential lighting fixture report evaluates the present scenario and the growth prospects of the residential lighting fixture market across various regions globally for the period 2018 –2026. We have considered 2017 as the base year and provided data for the remaining 12 months. The forecast presented here assesses the total revenue by value across the residential lighting fixture market. To offer an accurate forecast, we started by sizing the current market, which forms the basis of how the residential lighting fixture market will develop in the future. Given the characteristics of the residential lighting fixture market, we have triangulated the outcome of different lighting source types and pricing analyses based on the technology trends.
In addition, it is imperative to note that, in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyze on the basis of key parameters, such as Year-on-Year (Y-o-Y), growth to understand the predictability of the residential lighting fixture market and to identify the right opportunities in the market.
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In the final section of the report, we have included a competitive landscape to provide clients a dashboard view based on the categories of providers in the value chain, their presence in the residential lighting fixture portfolio, and key differentiators. This section is primarily designed to provide clients an objective and detailed comparative assessment of key providers specific to a market segment in the residential lighting fixture value chain, and the potential players for the same. Report audiences can gain segment-specific vendor insights to identify and evaluate the key competitors based on an in-depth assessment of their capabilities and success in the marketplace. Detailed profiles of providers are also included in the scope of the report to evaluate their long-term & short-term strategies, key offerings, and recent developments in the residential lighting fixture market. Some of the key competitors in the residential lighting fixture market are Kenroy Homes; Cree, Inc.; L.D. Kichler Co.; General Electric; Koninklijke Philips N.V.; OSRAM Licht AG; Signify NV; Acuity Brands Lighting, Inc.; Panasonic Corporation; Eaton Corporation; and Hubbell Lighting, Inc.