Global Lighting Fixtures Market Research Report 2021

A light fixture, light fitting, or luminaire is an electrical device that contains an electric lamp that provides illumination. All light fixtures have a fixture body and one or more lamps. The lamps may be in sockets for easy replacement—or, in the case of some LED fixtures, hard-wired in place.
A significant number of industries are currently in a transitory phase towards improving power consumption to work performed ratios. One of the core methods to reduce power consumption is through the implementation of modern and efficient lighting fixtures. As a result, industries switching over from incandescent and fluorescent lighting to modern LED lighting offer the biggest driver to lighting fixture producers.

Additional drivers include the booming construction industry and the overall increase in population and disposable income across the world and especially in emerging economies. There is, however, a high initial investment required for new entrants to the lighting fixture production business. At the same time, the multiple number of members involved in making an end-user purchase decision add to the complexity of the buying process, thereby restraint the growth rate of lighting fixture players to a certain extent.

The global Lighting Fixtures market was valued at US$ 160580 million in 2019 and is expected to reach US$ 210710 million by the end of 2026, growing at a CAGR of 3.9% during 2021-2026.
This report focuses on Lighting Fixtures volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Lighting Fixtures market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

Global Lighting Fixtures Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Ceiling, Pendant and Chandelier Lighting Fixtures
Wall Mounted Market Lighting Fixtures
Recessed Market Lighting Fixtures
Portable Market Lighting Fixtures
High Bay and Low Bay Lighting Fixtures
Others (Automotive, Aerospace and Machinery) Lighting Fixtures

Segment by Application
Industrial and Commercial
Residential
Outdoor
Architectural
Others (Automotive, Aerospace and Machinery)

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company
Acuity Brands, Inc.
Cooper Lighting, LLC
General Electric Company
Hubbell Lighting, Inc.
Juno Lighting Group
Koninklijke Philips N.V.
LSI Industries Inc.
OSRAM Licht AG
Panasonic Corporation Eco Solution Company
Zumtobel Lighting GmbH