CFL Light Bulbs Market Scope
Compact fluorescent lights (CFLs) are also known as compact fluorescent light bulbs. An electric current is passed through a glass tube containing argon and a trace amount of mercury vapour in a CFL. This produces invisible ultraviolet radiation, which activates a fluorescent coating (called phosphor) on the inside of the tube, causing it to emit visible light. The goal to lower electricity loads through the use of energy efficient lighting has resulted in a high level of interest in replacing traditional incandescent lights with Compact Fluorescent Lamps (CFL). CFLs, on the other hand, are a nonlinear load that introduces harmonics into the electrical network. Electronic ballasts are used in CFLs, and the design of these has a significant impact on the electrical performance of the CFL.
The CFL Light Bulbs market study is segmented by Type (Linear Fluorescent Lamps (LFL), Cold Cathode Fluorescent Lamp (CCFL) and Compact Fluorescent Lamps (CFL)), by Application (Household , Commercial , Industrial and Others ) and major geographies with country level break-up.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
OSRAM Licht AG (Germany), General Electric Company (United States), Panasonic Corporation (Japan), Schneider Electric SE (France), Bridgelux (United States), Eaton Corporation Inc. (United States), Emerson Electric Co. (United States), Nichia Corporation (Japan), Everlight Electronics Co Ltd (Taiwan) and Cree Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Dialight PLC (United States), Wipro Limited (India), Toshiba Lighting and Technology (Japan) and Koninklijke Philips NV (Netherlands).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global CFL Light Bulbs market by Type, Application and Region.
On the basis of geography, the market of CFL Light Bulbs 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).
Market Leaders and their expansionary development strategies
On 15th October, 2019 - Signify Announced its Acquisition of Cooper Lighting Solutions. The Transaction Is Intended to Strengthen Signify's Position in The Appealing North American Lighting Market by Improving the Business Mix, With Professional Revenues Increasing from 42 Percent To 53 Percent of Total Sales.
- Integration of Lighting Solutions with Smart Devices
- Growing Sustainability Awareness
- Increasing Demand for Energy Efficient Bulbs
- High Customization Options and Easy Operability
- Rising Number of IoT Applications
- Increasing Demand Across Developing Regions
- Raw Material Price Fluctuation
- Market Penetration Across New Regions
Key Target AudienceCFL Light Bulbs Manufactures, New Entrants and Investors, CFL Light Bulbs Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the CFL Light Bulbs Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.