Scope of the Study
Track lighting is a lighting system where light fixtures are mounted on a continuous circuit unit that includes electrical conductors. Two major components include track lighting systems namely train and track fixtures. The system's voltage specification and wiring is also a major component of any track lighting system. The H system, J system, and L system are also the 3 main track lighting tracks better considered as rails. Apiece track is a standard, precise length and is compliant with this kind of track lighting system. There are various types of track types include two circuit track systems namely monorail track systems & cable track systems.
The market study is being classified by Type (General Lighting, Accent Lighting and Task Lighting), by Application (Offices, Private libraries, Kitchens and Others) and major geographies with country level break-up.
Eaton Corporation Plc (Ireland), Acuity Brands Lighting, Inc. (United States), WAC Lighting (United Kingdom), Koninklijke Philips N.V. (Netherlands), Intense Lighting, LLC (United States), Nordic Light AB (Sweden), Lighting Services Inc. (United States), Zhejiang Howell Illuminating Technology Co., Ltd. (China), Rayconn (China) and Jesco Lighting Group (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Illuxtron International (Netherlands), LBL Lighting LLC (United States), Lithonia Lighting (United States), Filament Design (France) and Amerlux (United States).
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Track Lighting market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Track Lighting market by Type, Application and Region.
On the basis of geography, the market of Track 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing infrastructure development across the world
- Increasing usage of Track lighting in various application
- Technology Advancement regarding Track Lighting
- High Maintenance as well as Service Cost
- Growing Demand from Emerging Economics such as China, India, among others
- Lack of Awareness regarding Track Lighting
Market Leaders and their expansionary development strategies
In 2018, the Van Buren-based Arkansas Lighting Company has announced they had acquired Prima Lighting, which will expand its product offering as well as customer base. Hence, this acquisition will strengthen the company's presence in the track lighting industry across the globe.
In Feb 2018, the Amerlux (United States) Company has Launched SPEQ Track Lighting. Therefore, this launched will increase the product portfolio of the company.
Key Target AudienceManufacturers of Track Lighting, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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