Trunking System here refers to LED Trunking Systems. Trunking System is an energyâ€efficient, low maintenance alternative to traditional linear fluorescent in a variety of industrial, commercial and light assembly applications. It is the optimal solution for conventional lighting systems and also excellent for new installations due to its low installation cost †everything in one box and installation is toolâ€less. It saves both time and costs when updating lighting systems. LED trunking system distributes the elegant and uniform light according to different applications like supermarket, retail places, warehouses, offices, lecture halls, play courts, gymnasium, workshops,car parks etc.
Philips accounted for 19.68% of the global Trunking System revenue market share in 2016. Followed players, GE lighting accounted for 10.22%, Havells Sylvania (Shanghai Feilo Acoustics) accounted for 6.10%.
Global giant manufactures mainly distributed in Europe. They have unshakable status in this field. The key product markets locate at Europe. Europe takes the market share of 49.56% in 2016.
The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
Over the next five years, LPI(LP Information) projects that Trunking System will register a 7.6% CAGR in terms of revenue, reach US$ 160 million by 2023, from US$ 100 million in 2017.
This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
- Philips Lighting Holding
- GE lighting
- Havells Sylvania (Shanghai Feilo Acoustics)
- Siteco Beleuchtungstechnik GmbH (OSRAM)
- Zumtobel Group
- TRILUX Group Management GmbH
- Aura Light International
- Luxon LED
- Thorlux Lighting (F.W. Thorpe Plc Group)
Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
- North America (United States, Canada and Mexico)
- Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
- Europe (Germany, UK, France, Italy and Russia etc.)
- South America (Brazil, Chile, Peru and Argentina)
- Middle East and Africa (Egypt, South Africa, Saudi Arabia)
Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
- Narrow Distribution
- Wide Distribution
- Other
Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
- Commercial
- Industrial
- Warehouse
- Other