Lamp Market Overview Worldwide Business Growth and Consumption Status, Segmentation and Drivers, Industry Survey and Trend To 2024
Category: #Technology  By Ronak Bora  Date: 2021-03-23
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Lamp Market Overview Worldwide Business Growth and Consumption Status, Segmentation and Drivers, Industry Survey and Trend To 2024

Rise in number of initiatives undertaken by governments across the globe to provide lighting facilities in rural areas is anticipated to propel lamp market over 2017-2024. Surging demand from emerging economies like India and other nations like Latin America and Middle East will further boost market growth over the coming years.

Extensive utilization of high-intensity discharge light bulbs and halogen lamps in the automotive industry is estimated to change lamp market trends over the forecast timeline. Moreover, growing product demand owing to expansive product-application range in hospitality, roadways, residential, commercial and industrial sectors will change business outlook over the analysis period. In terms of revenue, lamp market is forecast to surpass USD 18 billion by 2024.

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Intrinsic need for  good lighting conditions in households and workplaces is estimated to fuel lamp market over the coming years. Rapid implementation of fluorescent lamps in hospitality, commercial residential, retail centers and healthcare sector is increasing product penetration, hence boosting lamp industry growth. Moreover, growing indoor application of the product is estimated to garner considerable gains in lamp market share over analysis period.

Government subsidies provided in North American countries, such as Mexico are estimated to fuel product demand across the region. Incandescent bulbs are priced at lower costs and have longer life cycle. These pocket-friendly incandescent bulbs are commonly utilized in Mexico for lighting households, which is likely to increase over time, hence boosting regional growth. Moreover, presence of major industry players across the region owing to greater availability of raw materials at low costs and consequent lower input costs is anticipated to create a conducive environment for the growth of lamp industry  over the coming years.

List of the Key Companies that are Operating in the Lamp Market. They are as follows:

General Electric, Interlectric Corporation., Havells India Ltd., Amglo Kemlite Laboratories, Bajaj Group, Ajanta Manufacturing Pvt. Ltd. (OREVA Group), Osram Licht AG, MaxLite, EiKO Limited, Eye Lighting International, Federal Mogul Corporation, Panasonic Corporation, Philips Electronics, Stanley Electric Company, Toshiba Corporation

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Table Of Content:

Chapter 4    Lamp Market, By Product

4.1    Lamp share, by product, 2016 & 2024

4.2    Electrical Discharge Lamps

4.2.1    Market estimates and forecast, by region, 2013-2024

4.2.2    Fluorescent lamps

4.2.2.1    Market estimates and forecast, by region, 2013 – 2024

4.2.3    High density discharge lamps

4.2.3.1    Market estimates and forecast, by region, 2013 – 2024

4.3    Filament Lamps

4.3.1    Market estimates and forecast, by region, 2013-2024

4.3.2    Incandescent Lamps

4.3.2.1    Market estimates and forecast, by region, 2013 – 2024

4.3.3    Halogen Lamps

4.3.3.1    Market estimates and forecast, by region, 2013 – 2024

Chapter 5    Lamp, By Application

5.1    Lamp share, by application, 2016 & 2024

5.2    Indoor Use

5.2.1    Market estimates and forecast, by region, 2013-2024

5.2.2    Residential

5.2.2.1    Market estimates and forecast, by region, 2013-2024

5.2.3    Commercial

5.2.3.1    Market estimates and forecast, by region, 2013-2024

5.2.3.2    Retail

5.2.3.2.1    Market estimates and forecast, by region, 2013-2024

5.2.3.3    Hospitality

5.2.3.3.1    Market estimates and forecast, by region, 2013-2024

5.2.3.4    Healthcare

5.2.3.4.1    Market estimates and forecast, by region, 2013-2024

5.2.3.5    Others

5.2.3.5.1    Market estimates and forecast, by region, 2013-2024

5.2.4    Industrial

5.2.4.1    Market estimates and forecast, by region, 2013-2024

5.3    Outdoor Use

5.3.1    Market estimates and forecast, 2013 – 2024

5.3.2    Market estimates and forecast, by region, 2013-2024

5.3.3    Highways

5.3.3.1    Market estimates and forecast, by region, 2013-2024

5.3.4    Public Places

5.3.4.1    Market estimates and forecast, by region, 2013-2024

5.4    Motor Vehicles

5.4.1    Market estimates and forecast, by region, 2013-2024

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About Author

Ronak Bora    

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

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