The Business Research company’s electric
lighting equipment manufacturing global market report, covers the year-on-year growth of the global
electric lighting equipment
manufacturing market historic and forecast growth. it
also includes chapters on the electric lighting equipment
manufacturing market
trends, geographical analysis, and competitive landscape.
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the report at:
The global electrical lighting equipment
manufacturing market size is expected to reach $115 billion by 2022,
significantly growing at a CAGR of around 3% during the forecast period.
Electric
Lighting Equipment Manufacturing Market Trends
The
electrical lighting equipment manufacturing market consists of sales of
electrical lighting equipment by entities (organizations, sole traders and partnerships)
that produce electric light bulbs and tubes, and parts and components (except
glass blanks for electric light bulbs) or electric lighting fixtures (except
vehicular), nonelectric lighting equipment, lamp shades (except glass and
plastics), and lighting fixture components (except current-carrying wiring
devices).
Major
lighting companies are integrating lighting fixtures with IoT technology to
enable remote user control and for controlling lighting in office, work
environment and city infrastructure. IoT technology is widely being used in
homes and work places to integrate and control internal and external light
fixtures. Beacons, which are small Bluetooth radio transmitters that give
signals to other devices, are used to enable wireless lighting control and
broadcast the location of fixtures. For instance, Belles, a smart lighting
designer based in Cambridge, offers wireless lighting control
and broadcast
location through
The global electric lighting
equipment manufacturing
market is primarily driven by rise in disposable income, increase in disposable
income and increasing population and demand.
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a sample of the report:
The global electric lighting
equipment manufacturing market
report covers the following regions under the geographical analysis section:
Asia Pacific, Western Europe, North America, Middle East, Africa, South
America, and Eastern Europe. Major countries under each of these regions are
also covered under the country analysis chapters.
With greater stability in the oil and gas
industry and high consumption of refined petroleum, the global electric
lighting equipment manufacturing market is expected to increase in potential
and scope. TBRC’s report also covers the electric lighting equipment
manufacturing drivers and
restraints in the market.
The global electric lighting
equipment manufacturing market’s
segment shares in each geographic region are mentioned in the report, along
with the historic and forecast growth rates for each segment presented visually
with supporting reasons to justify the growth rates.
The top companies included in the global electric
lighting equipment manufacturing market report are General Electric
Corporation, Panasonic Corporation, Koninklijke Philips NV, Eaton Corporation
Plc, OSRAM GmbH.
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a Business Intelligence Company which excels in company, market and consumer
research. It has offices in the UK, the US and India and a network of trained
researchers in 15 countries globally.
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