Insights into the Industry

The luminaires industry has been witnessing optimal growth in recent years and is likely to continue even in upcoming years. The growth of luminaires ’s industry size can be attributed to rising investments in research & development activities, entry of new players, product innovation, technological breakthroughs, effective allocation of resources, and growing competition among business rivals to expand its regional as well as customer base. Supportive government policies and incentives, as well as favorable laws, are projected to determine the growth of the luminaires market in foreseeable future. An increase in the spending capacity of customers with the rise in disposable income will further contribute towards luminaires 's market proceeds.

This market research report is a comprehensive overview of the events taking place in the luminaires industry and impacting its growth. Our report divides the luminaires market into various segments or categories based on products, applications, region, etc.  Additionally, our research analysts have listed the key players of the global luminaires market and compared them based on metrics such as market revenue, Y-O-Y sales, shipments volume, historical data, and successful implementation of business strategies such as strategic alliances, mergers & acquisitions, joint ventures, product development, and partnerships & collaborations.

Market Research Store (MRS) published a brand new report titled “Luminaires Market research report which is segmented by Products (LED, HID), by Applications (Industrial, Commercial, Residential), by Key Players/Companies WIPRO Lighting, Crompton Greaves Consumer Electricals Ltd., Crompton, Bajaj Luminaires, TRILUX Lighting Ltd., Thorn, Panasonic, LG, Schreder, LEDVANCE, OPPLE, Ensto, Eveready Industries India Ltd.”. In 2020, the global luminaires market value was registered at XX (USD Million/Billion) and is predicted to reach XX (USD Million/Billion) at a CAGR of XX% by 2028.

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Scope of the report

Report Attributes Report Details
Report Title Luminaires Market Research Report
By Products LED, HID
By Applications Industrial, Commercial, Residential
By Key Players WIPRO Lighting, Crompton Greaves Consumer Electricals Ltd., Crompton, Bajaj Luminaires, TRILUX Lighting Ltd., Thorn, Panasonic, LG, Schreder, LEDVANCE, OPPLE, Ensto, Eveready Industries India Ltd.
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East And Africa (MEA)
Countries Covered North America : U.S and Canada
Europe : U.K, Spain, Germany, Italy, Russia, France, Rest of Europe
APAC : Japan, India, China, Australia, South Korea, South East Asia, Rest of Asia Pacific
Latin America : Mexico, Brazil
The Middle East And Africa : South Africa, UAE, Saudi Arab, Rest of MEA
Base Year 2020
Historical Year 2016to 2020 (Depending on availability, data from 2010 can be offered)
Forecast Year 2028
Number of Pages 130
Customization Available Yes, the report can be tailored to meet your specific requirements.

Based on these findings, the global luminaires industry study suggests strategies to existing market participants as to how they can improve & reinforce their market position. In addition to this, the study also recommends successful market penetrating strategies for new entrants. Furthermore, luminaires industry study report has included all major manufacturers and distributors operating in the luminaires market across all major regions.

Luminaires Market Strategic Analysis

Various analytical methods such as Porter’s Five Force Analysis, SWOT analysis, Market Share Analysis, Competitive Analysis, PESTEL Analysis, Market Attractiveness Analysis, and Value Chain Analysis have been used to analyze the market in the research report. These assessments help users of the report in examining and evaluating luminaires market on the basis of different metrics such as switching costs, economies of scale, current sales, brand loyalty, brand equity, capital investments, production rights, research & development activities, copyrights & patents, legislations, effects of promotional activities, and consumer preferences.

Global Luminaires  Market Y-O-Y Forecast 2016 - 2028

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The information provided in our market research report is anticipated to help the industry stakeholders in the effective decision-making process and successful business outcomes. Moreover, we have been using Ansoff Matrix to help firms analyze and plan their business growth strategies.

Additionally, our report contains a growth-share matrix that aids firms’ business decisions for prioritizing their myriad businesses. We have also included GE Nine Cell Matrix that is helpful in making strategic planning and can help firms in determining their position in the market along with analyzing their growth strategies.

Our researchers also make use of the perceptual map to demonstrate how to target consumers feel about a given brand and form perception about it. We have also included the Customer-Based Brand Equity (CBBE) Model for helping firms effectively position their brands.

Luminaires Market Key Trends Analysis

The key factors influencing the growth of the luminaires market have been assessed in the report. Factors having a huge influence on market demand and restraining factors that impact the development of the market are both addressed rigorously & in-depth in our global market research report.

Furthermore, trends that play a key role in market’s growth are discussed comprehensively in the report. Moreover, a large number of qualitative factors or measurements are included in the report and this includes operating risks and major obstacles encountered by players in the industry.

Luminaires Market Key Segment Analysis

The report delivers a critical assessment on the luminaires market by segmenting it based on Products, Applications, and region. All the segments and categories of the luminaires market have been evaluated based on past, present and future trends and are key parameters determining & defining the growth of the market.

The data for the market and its segments and categories are provided from 2016 to 2028. The report has identified the key segments and categories contributing substantially towards overall market growth in terms of revenue & volume.

Based on Products, the global luminaires market is segmented into LED, HID. Comprehensive qualitative and quantitative this segment analysis will be provided in the report from 2016 to 2028.

Based on Applications, market is divided into Industrial, Commercial, Residential. A slew of business growth opportunities and dynamics affecting the different segments are analyzed and discussed in the report.

Impact Assessment of COVID-19

The COVID-19 outbreak has wreaked havoc on worldwide economic and social systems. The disease has entered several industries' value and supply chains, including the luminaires market. The government imposed lockdowns in various locations. We will examine the impact of the COVID-19 pandemic on the global market, looking at both demand and supply.

The COVID-19 pandemic's short- and long-term impacts would be explored to provide a summary. This would help build business plans for all market participants, including manufacturers, vendors, suppliers, distributors, and end-users, during and after the epidemic.

Luminaires Market Regional Trends and Market Player’s Analysis

On the basis of region, the market is segregated into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa.

The major players holding a huge chunk of market share in the global luminaires market and impacting market profitability are evaluated after considering their product & services revenue, sales, business plans, innovations, and growth rate. The final position of a player in the market depends on market events or market happenings, new product launches, mergers & acquisitions, benchmarking, regional expansions, and technical innovations.

Global Luminaires  Market Regional Segmentation

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For all the key stakeholders of the market, value chain and technology ecosystem, as well as the information provided in this market research report, will prove beneficial. The study offers an outline of the company’s market share and an extensive summary of the major players in the luminaires market.

Some of the leading players profiled in the global luminaires market are,

  • WIPRO Lighting
  • Crompton Greaves Consumer Electricals Ltd.
  • Crompton
  • Bajaj Luminaires
  • TRILUX Lighting Ltd.
  • Thorn
  • Panasonic
  • LG
  • Schreder
  • LEDVANCE
  • OPPLE
  • Ensto
  • Eveready Industries India Ltd.

The Key Audiences for Luminaires Market Report

  • Research Institutes & consulting firms
  • Industry Leaders, as well as companies, aspiring to enter the luminaires market
  • Student and universities
  • Solution Providers, product providers, service providers, and other players in the industry
  • Associated private firms and government bodies
  • Individuals interested to learn about market

The report segments of the global luminaires market are as follows:

Global Luminaires Market: By Products

  • LED
  • HID

Global Luminaires Market: By Applications

  • Industrial
  • Commercial
  • Residential

The Most Important Research Methodologies

Primary sources include industry experts from management corporations, processing organizations, and analytical service providers who serve businesses across the sector's value chain. We interviewed key sources to acquire qualitative and quantitative data and analyse future prospects.

Primary research undertaken for this report comprised interviews with industry professionals such as CEOs, Vice Presidents, Marketing Directors and Technology Directors of strong core organizations and institutions in major luminaires . We interviewed them to get qualitative and quantitative data.

The following are the justifications for purchasing the global Luminaires market report:

  • Statistical data is well-referenced, and the source is a significant resource for directing interested companies.
  • Market development trends and marketing channels that are cutting-edge are discussed.
  • The feasibility and growth rate of the market as a whole over the foreseeable future are determined.
  • The competitive landscape and demographic research provide a clear picture of the current state of the market on an international scale.
  • A thorough examination of development policies and plans, manufacturing processes, and costing provides a more accurate picture of import/export consumption, supply and demand, pricing, revenue, and gross margins, among other things.
  • Customization is possible based on the client's requirements.

Frequently Asked Questions

These dominant industry players use well planned strategies to occupied highest market share in this market. Some of the top players in Luminaires business includes.

  • WIPRO Lighting
  • Crompton Greaves Consumer Electricals Ltd.
  • Crompton
  • Bajaj Luminaires
  • TRILUX Lighting Ltd.
  • Thorn
  • Panasonic
  • LG
  • Schreder
  • LEDVANCE
  • OPPLE
  • Ensto
  • Eveready Industries India Ltd.

As per Luminaires market analysis, North America is forecasted to occupied major share in the Luminaires market.

The statistical data of the dominant industry player of Luminaires market can be acquired from the company profile segment described in the report. This segment come up with analysis of major player’s in the Luminaires market, also their last five-year revenue, segmental, product offerings, key strategies adopted and geographical revenue produced.

The report come up with a segment of the Luminaires market based on Type, Region, and Application, Also offer a determined view on the Luminaires market.

The report offers a nitty-gritty estimation of the market by providing data on various viewpoints that incorporate, restraints, drivers, and opportunities threats. This data can help in making suitable decisions for stakeholders before investing.

The sample report for Luminaires market can be received after the apply from the website.

Table Of Content

Table of Content 1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Regulatory Scenario by Region/Country 1.4 Market Investment Scenario Strategic 1.5 Market Analysis by Type 1.5.1 Global Luminaires Market Share by Type (2020-2026) 1.5.2 LED 1.5.3 HID 1.6 Market by Application 1.6.1 Global Luminaires Market Share by Application (2020-2026) 1.6.2 Industrial 1.6.3 Commercial 1.6.4 Residential 1.7 Luminaires Industry Development Trends under COVID-19 Outbreak 1.7.1 Global COVID-19 Status Overview 1.7.2 Influence of COVID-19 Outbreak on Luminaires Industry Development 2. Global Market Growth Trends 2.1 Industry Trends 2.1.1 SWOT Analysis 2.1.2 Porter’s Five Forces Analysis 2.2 Potential Market and Growth Potential Analysis 2.3 Industry News and Policies by Regions 2.3.1 Industry News 2.3.2 Industry Policies 2.4 Industry Trends Under COVID-19 3 Value Chain of Luminaires Market 3.1 Value Chain Status 3.2 Luminaires Manufacturing Cost Structure Analysis 3.2.1 Production Process Analysis 3.2.2 Manufacturing Cost Structure of Luminaires 3.2.3 Labor Cost of Luminaires 3.2.3.1 Labor Cost of Luminaires Under COVID-19 3.3 Sales and Marketing Model Analysis 3.4 Downstream Major Customer Analysis (by Region) 3.5 Value Chain Status Under COVID-19 4 Players Profiles 4.1 WIPRO Lighting 4.1.1 WIPRO Lighting Basic Information 4.1.2 Luminaires Product Profiles, Application and Specification 4.1.3 WIPRO Lighting Luminaires Market Performance (2015-2020) 4.1.4 WIPRO Lighting Business Overview 4.2 Crompton Greaves Consumer Electricals Ltd. 4.2.1 Crompton Greaves Consumer Electricals Ltd. Basic Information 4.2.2 Luminaires Product Profiles, Application and Specification 4.2.3 Crompton Greaves Consumer Electricals Ltd. Luminaires Market Performance (2015-2020) 4.2.4 Crompton Greaves Consumer Electricals Ltd. Business Overview 4.3 Crompton 4.3.1 Crompton Basic Information 4.3.2 Luminaires Product Profiles, Application and Specification 4.3.3 Crompton Luminaires Market Performance (2015-2020) 4.3.4 Crompton Business Overview 4.4 Bajaj Luminaires 4.4.1 Bajaj Luminaires Basic Information 4.4.2 Luminaires Product Profiles, Application and Specification 4.4.3 Bajaj Luminaires Luminaires Market Performance (2015-2020) 4.4.4 Bajaj Luminaires Business Overview 4.5 TRILUX Lighting Ltd. 4.5.1 TRILUX Lighting Ltd. Basic Information 4.5.2 Luminaires Product Profiles, Application and Specification 4.5.3 TRILUX Lighting Ltd. Luminaires Market Performance (2015-2020) 4.5.4 TRILUX Lighting Ltd. Business Overview 4.6 Thorn 4.6.1 Thorn Basic Information 4.6.2 Luminaires Product Profiles, Application and Specification 4.6.3 Thorn Luminaires Market Performance (2015-2020) 4.6.4 Thorn Business Overview 4.7 Panasonic 4.7.1 Panasonic Basic Information 4.7.2 Luminaires Product Profiles, Application and Specification 4.7.3 Panasonic Luminaires Market Performance (2015-2020) 4.7.4 Panasonic Business Overview 4.8 LG 4.8.1 LG Basic Information 4.8.2 Luminaires Product Profiles, Application and Specification 4.8.3 LG Luminaires Market Performance (2015-2020) 4.8.4 LG Business Overview 4.9 Schreder 4.9.1 Schreder Basic Information 4.9.2 Luminaires Product Profiles, Application and Specification 4.9.3 Schreder Luminaires Market Performance (2015-2020) 4.9.4 Schreder Business Overview 4.10 LEDVANCE 4.10.1 LEDVANCE Basic Information 4.10.2 Luminaires Product Profiles, Application and Specification 4.10.3 LEDVANCE Luminaires Market Performance (2015-2020) 4.10.4 LEDVANCE Business Overview 4.11 OPPLE 4.11.1 OPPLE Basic Information 4.11.2 Luminaires Product Profiles, Application and Specification 4.11.3 OPPLE Luminaires Market Performance (2015-2020) 4.11.4 OPPLE Business Overview 4.12 Ensto 4.12.1 Ensto Basic Information 4.12.2 Luminaires Product Profiles, Application and Specification 4.12.3 Ensto Luminaires Market Performance (2015-2020) 4.12.4 Ensto Business Overview 4.13 Eveready Industries India Ltd. 4.13.1 Eveready Industries India Ltd. Basic Information 4.13.2 Luminaires Product Profiles, Application and Specification 4.13.3 Eveready Industries India Ltd. Luminaires Market Performance (2015-2020) 4.13.4 Eveready Industries India Ltd. Business Overview 5 Global Luminaires Market Analysis by Regions 5.1 Global Luminaires Sales, Revenue and Market Share by Regions 5.1.1 Global Luminaires Sales by Regions (2015-2020) 5.1.2 Global Luminaires Revenue by Regions (2015-2020) 5.2 North America Luminaires Sales and Growth Rate (2015-2020) 5.3 Europe Luminaires Sales and Growth Rate (2015-2020) 5.4 Asia-Pacific Luminaires Sales and Growth Rate (2015-2020) 5.5 Middle East and Africa Luminaires Sales and Growth Rate (2015-2020) 5.6 South America Luminaires Sales and Growth Rate (2015-2020) 6 North America Luminaires Market Analysis by Countries 6.1 North America Luminaires Sales, Revenue and Market Share by Countries 6.1.1 North America Luminaires Sales by Countries (2015-2020) 6.1.2 North America Luminaires Revenue by Countries (2015-2020) 6.1.3 North America Luminaires Market Under COVID-19 6.2 United States Luminaires Sales and Growth Rate (2015-2020) 6.2.1 United States Luminaires Market Under COVID-19 6.3 Canada Luminaires Sales and Growth Rate (2015-2020) 6.4 Mexico Luminaires Sales and Growth Rate (2015-2020) 7 Europe Luminaires Market Analysis by Countries 7.1 Europe Luminaires Sales, Revenue and Market Share by Countries 7.1.1 Europe Luminaires Sales by Countries (2015-2020) 7.1.2 Europe Luminaires Revenue by Countries (2015-2020) 7.1.3 Europe Luminaires Market Under COVID-19 7.2 Germany Luminaires Sales and Growth Rate (2015-2020) 7.2.1 Germany Luminaires Market Under COVID-19 7.3 UK Luminaires Sales and Growth Rate (2015-2020) 7.3.1 UK Luminaires Market Under COVID-19 7.4 France Luminaires Sales and Growth Rate (2015-2020) 7.4.1 France Luminaires Market Under COVID-19 7.5 Italy Luminaires Sales and Growth Rate (2015-2020) 7.5.1 Italy Luminaires Market Under COVID-19 7.6 Spain Luminaires Sales and Growth Rate (2015-2020) 7.6.1 Spain Luminaires Market Under COVID-19 7.7 Russia Luminaires Sales and Growth Rate (2015-2020) 7.7.1 Russia Luminaires Market Under COVID-19 8 Asia-Pacific Luminaires Market Analysis by Countries 8.1 Asia-Pacific Luminaires Sales, Revenue and Market Share by Countries 8.1.1 Asia-Pacific Luminaires Sales by Countries (2015-2020) 8.1.2 Asia-Pacific Luminaires Revenue by Countries (2015-2020) 8.1.3 Asia-Pacific Luminaires Market Under COVID-19 8.2 China Luminaires Sales and Growth Rate (2015-2020) 8.2.1 China Luminaires Market Under COVID-19 8.3 Japan Luminaires Sales and Growth Rate (2015-2020) 8.3.1 Japan Luminaires Market Under COVID-19 8.4 South Korea Luminaires Sales and Growth Rate (2015-2020) 8.4.1 South Korea Luminaires Market Under COVID-19 8.5 Australia Luminaires Sales and Growth Rate (2015-2020) 8.6 India Luminaires Sales and Growth Rate (2015-2020) 8.6.1 India Luminaires Market Under COVID-19 8.7 Southeast Asia Luminaires Sales and Growth Rate (2015-2020) 8.7.1 Southeast Asia Luminaires Market Under COVID-19 9 Middle East and Africa Luminaires Market Analysis by Countries 9.1 Middle East and Africa Luminaires Sales, Revenue and Market Share by Countries 9.1.1 Middle East and Africa Luminaires Sales by Countries (2015-2020) 9.1.2 Middle East and Africa Luminaires Revenue by Countries (2015-2020) 9.1.3 Middle East and Africa Luminaires Market Under COVID-19 9.2 Saudi Arabia Luminaires Sales and Growth Rate (2015-2020) 9.3 UAE Luminaires Sales and Growth Rate (2015-2020) 9.4 Egypt Luminaires Sales and Growth Rate (2015-2020) 9.5 Nigeria Luminaires Sales and Growth Rate (2015-2020) 9.6 South Africa Luminaires Sales and Growth Rate (2015-2020) 10 South America Luminaires Market Analysis by Countries 10.1 South America Luminaires Sales, Revenue and Market Share by Countries 10.1.1 South America Luminaires Sales by Countries (2015-2020) 10.1.2 South America Luminaires Revenue by Countries (2015-2020) 10.1.3 South America Luminaires Market Under COVID-19 10.2 Brazil Luminaires Sales and Growth Rate (2015-2020) 10.2.1 Brazil Luminaires Market Under COVID-19 10.3 Argentina Luminaires Sales and Growth Rate (2015-2020) 10.4 Columbia Luminaires Sales and Growth Rate (2015-2020) 10.5 Chile Luminaires Sales and Growth Rate (2015-2020) 11 Global Luminaires Market Segment by Types 11.1 Global Luminaires Sales, Revenue and Market Share by Types (2015-2020) 11.1.1 Global Luminaires Sales and Market Share by Types (2015-2020) 11.1.2 Global Luminaires Revenue and Market Share by Types (2015-2020) 11.2 LED Sales and Price (2015-2020) 11.3 HID Sales and Price (2015-2020) 12 Global Luminaires Market Segment by Applications 12.1 Global Luminaires Sales, Revenue and Market Share by Applications (2015-2020) 12.1.1 Global Luminaires Sales and Market Share by Applications (2015-2020) 12.1.2 Global Luminaires Revenue and Market Share by Applications (2015-2020) 12.2 Industrial Sales, Revenue and Growth Rate (2015-2020) 12.3 Commercial Sales, Revenue and Growth Rate (2015-2020) 12.4 Residential Sales, Revenue and Growth Rate (2015-2020) 13 Luminaires Market Forecast by Regions (2020-2026) 13.1 Global Luminaires Sales, Revenue and Growth Rate (2020-2026) 13.2 Luminaires Market Forecast by Regions (2020-2026) 13.2.1 North America Luminaires Market Forecast (2020-2026) 13.2.2 Europe Luminaires Market Forecast (2020-2026) 13.2.3 Asia-Pacific Luminaires Market Forecast (2020-2026) 13.2.4 Middle East and Africa Luminaires Market Forecast (2020-2026) 13.2.5 South America Luminaires Market Forecast (2020-2026) 13.3 Luminaires Market Forecast by Types (2020-2026) 13.4 Luminaires Market Forecast by Applications (2020-2026) 13.5 Luminaires Market Forecast Under COVID-19 14 Appendix 14.1 Methodology 14.2 Research Data Source

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