Global Track Luminaires Market Insights, Forecast to 2028

Track Luminaire is a lighting where light fixtures are attached anywhere on a continuous track device which contains electrical conductors. This is as opposed to the routing of electrical wiring to individual light positions. Tracks can be mounted to ceilings or walls, lengthwise down beams, or crosswise across rafters or joists. They can also be hung with rods from especially high places like vaulted ceilings.
Market Analysis and Insights: Global Track Luminaires Market
Due to the COVID-19 pandemic, the global Track Luminaires market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Halogen accounting for % of the Track Luminaires global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Residential segment is altered to an % CAGR throughout this forecast period.
China Track Luminaires market size is valued at US$ million in 2021, while the US and Europe Track Luminaires are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Track Luminaires landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Track Luminaires include Philips Lighting, Acuity Brands, Hubbell, Eglo, ITAB, Eaton, Endo Lighting, WAC Lighting and Intense Lighting, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Track Luminaires capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Track Luminaires by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Track Luminaires Scope and Segment
Track Luminaires market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Track Luminaires market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Halogen
LED
Incandescent
Segment by Application
Residential
Commercial
By Company
Philips Lighting
Acuity Brands
Hubbell
Eglo
ITAB
Eaton
Endo Lighting
WAC Lighting
Intense Lighting
AFX
Nora Lighting
AIXEN LITE
Jesco Lighting
Satco
LBL Lighting
Rayconn
Kehei Lighting
Production by Region
North America
Europe
China
Japan
South Korea
Taiwan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE