General Electric Lighting Market Scope
General electric lighting refers to a lighting system such as traditional and led lighting. General electric lighting market has high growth prospects owing to technological advancements such as the emergence of smart lighting solutions and growing focus on the development of energy-efficient lighting system. Further, increasing demand from the developing economies owing to growing urbanization expected to drive the demand for general electric lighting market over the forecasted period.
The market study is being classified by Type (Traditional Lighting and LED Lighting), by Application (Residential and Commercial) and major geographies with country level break-up.
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global General Electric Lighting market throughout the predicted period.
Acuity Brands (United States), Eaton (Ireland), Siemens (Germany), Panasonic (Japan), Koninklijke Philips N.V. (Netherland), Lighting Holding B.V. (Netherland), General Electric Company (United States), Cree, Inc. (United States), Cooper Industries, Inc. (Ireland), Virtual Extension (Israel) and Dialight plc (United Kingdom) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Zumtobel Group AG (Austria), Samsung (South Korea) and Sharp Corporation (Japan).
AdvanceMarketAnalytics has segmented the market of Global General Electric Lighting market by Type, Application and Region.
On the basis of geography, the market of General Electric Lighting has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel , the sub-segment i.e. Online Retail will boost the General Electric Lighting market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Installation , the sub-segment i.e. New Installation will boost the General Electric Lighting market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
13th May 2019, Cree Inc., manufacturer of lighting LED sells its lighting Products business unit called Cree lighting to Ideal Industries, which produces electronic products such as meters, connectors, and others for telecommunications and electrical industry.
“According to the supplement to the U4E Lighting Policy Guide, model regulation is a supplement to the UN Environment United for Efficiency (U4E) Lighting. Policy Guide Accelerating the Global Adoption of Energy-Efficient Lighting. It is intended for use by regulatory authorities in developing and emerging economies that are considering a legislative framework to promote energy-efficient lamps or those that have a legislative framework but have not yet developed regulations for energy-efficient lamps. The model regulation covers conventional consumer light bulbs, both non-directional and directional/spotlight bulbs. Moreover, this model regulation does not cover other light sources and equipment, such as linear lamps, outdoor street lighting, office and industrial lighting, and integrated LED luminaires.”
- Emphasizing On Development of Energy-Efficient Lighting Systems
- Increasing Demand for the General LED Lightning
- Emergence of Smart Lighting Solutions
- Declining LED Prices Led To Rise in Adoption of General LED Lightning
- Emergence of Wireless Technology for General Electric Lighting
- Rapid Urbanization in the Developing Economies
- Lack of Common Standards for Lightning
- Availability of Substitute Products
- Lack of Awareness in the Low and Middle Income Group Countries
Key Target Audience
General Electric Lighting Manufacturers, General Electric Lighting Distributors, Potential Investors, Technology Providers, Associations, Organizations, Forums, and Alliances, Government Bodies and Departments, Research Institutes, Business Consulting Firms and Others
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase