The Global General Lighting Market Was Valued At USD 82 Billion In 2017

Posted by sainath on August 21st, 2018

General lighting market comprises of companies that manufacture chandeliers, ceiling or wall-mounted fixtures, recessed or track lights and lanterns mounted on the outside of the home.

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The global general lighting market was valued at USD 82 billion in 2017, and is expected to be driven by rising awareness among consumers due to its emergence into mass market. Asia Pacific was the largest geographic region in the market in 2017, accounting for more than two-fifth of the global market share.

The general lighting market in The Business Research Company’s report is divided into six segments: incandescent bulbs, halogen, high intensity discharge (HID) bulbs, linear fluorescent (LFL) bulbs, compact fluorescent lamps (CFL), and light emitting diode (LED).

China was the largest country in the general lighting market in 2017, accounting for one-fifth of the global market share. China was followed by India and Japan as the next largest countries in the market.

The top five competitors of the market are General Electric Corporation, Panasonic Corporation, Koninklijke Philips N.V., Panasonic, and Schneider Electric. General Electric was the biggest player in the market in 2017. It operates as a technology and infrastructure and company. Its energy & lighting segment offers light emitting products, and power conversion services. It also works in the oil and gas segment, transportation segment, aviation segment and healthcare segment. The company is based in Boston, Massachusetts.

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sainath
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