Decorative Lighting Market Showcases Promising Growth During Forecast 2017-2021
Posted by Arslan on June 14th, 2019
Looking at the current market trends as well as the promising demand status of the “Decorative Lighting Market”, it can be projected that the future years will bring out positive outcomes. This research report added by Market Research Hub (MRH) on its online portal delivers clear insight about the changing tendencies across the global market. Readers can gather prime facets connected to the target market which includes product, end-use and application; assisting them to draw conclusions out of this intelligent research report.
The demand for energy-efficient and reliable LED technology is a growth driver for the manufacturers who are now concentrating more on manufacturing LED decorative lighting products. Various LED decorative lighting products like LED lamps, LED pendant lights, and LED wall lights(sconces) are available in the market. Buyers are at present increasingly opting for premium decorative lights. The use of decorative lights in commercial areas is increasing because they help to create an attractive ambiance. These lights have also become necessary for the hospitality sector and retail outlets. This creates the demand for decorative lighting products in the market.
Technavios analysts forecast the global decorative lighting market to grow at a CAGR of 6.30% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global Decorative Lighting market for 2017-2021. To calculate the market size, the report considers the value sales of decorative lighting products.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Decorative Lighting Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Acuity Brands Lighting
General Electric
Generation Brands
Koninklijke Philips
Maxim Lighting
Other prominent vendors
ACCESS LIGHTING
Diamond Life Group
EGLO Leuchten
Elstead Lighting
Estiluz Lighting
Franklite
HUAYI LIGHTING
JH Miller
LUMINAIRES GROUP
Vast china lighting manufacture
Zumtobel Group
Market driver
Innovations in technology
For a full, detailed list, view our report
Market challenge
Value gap in decorative lighting products
For a full, detailed list, view our report
Market trend
Evolution of smart lighting system
For a full, detailed list, view our report
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by end-usage
Global decorative lighting market by end-usage
Global decorative lighting market for residential usage
Global decorative lighting market for commercial usage
Overall comparison of the end-usage segments
PART 07: Market segmentation by product
Global decorative lighting market by product
Ceiling lighting
Wall lighting
Indoor lamps
Outdoor lighting
Overall comparison of the product segments
PART 08: Geographical segmentation
Geographical segmentation
EMEA
Americas
APAC
Overall comparison of the geographies
PART 09: Key leading countries
PART 10: Decision framework
PART 11: Drivers and challenges
Market drivers
Market challenges
PART 12: Market trends
Evolution of smart lighting system
Smart shopping experience through augmented reality
Trending lighting designs
Solar decorative lighting products
PART 13: Vendor landscape
Competitive scenario
Competitive strategies
Comparative analysis of the key vendors
PART 14: Key vendor analysis
Acuity Brands Lighting
Generation Brands
GENERAL ELECTRIC
Koninklijke Philips
Maxim Lighting
Other prominent vendors
PART 15: Appendix
