Global Recessed Lighting Market 2019-2024 report delivers a comprehensive research based study of the market along with the market share, forecast data, in-depth analysis, and detailed overview of the Recessed Lighting industry with respect to Global market. The Recessed Lighting market report further emphasizes on market drivers and restraints at global and regional level. For complete understanding, the report also provides market segmentation and regional market analysis.
A recessed light (also known as can lights or downlight) is a light fixture that is installed into a hollow opening in a ceiling. When installed it appears to have light shining from a hole in the ceiling, concentrating the light in a downward direction as a broad floodlight or narrow spotlight.
Recessed Lighting fixtures are comprised of three main parts, namely, the bulb, decorative trim and the housing.
Recessed lights have remained a favorite choice for modern, streamlined lighting in kitchens, bathrooms, hallways, basements, and in commercial spaces. They are used for both accent and general lighting, and because they are relatively compact, they work wonderfully in small spaces.
At present, in the foreign industrial developed countries the Recessed Lighting industry is generally at a more advanced level, the world's large enterprises are mainly concentrated in Asia.
Despite the presence of competition problems, due to the clear global recovery trend, investors are still optimistic about this area and in future still more new investment will enter into the field. Technology and cost are two major problems.
Although sales of Recessed Lighting brought a lot of opportunities, for the new entrants with only advantage in capital without sufficient support in technology and downstream channels, the research group did not recommend taking risk to enter this market.
According to this study, over the next five years the Recessed Lighting market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Recessed Lighting business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Recessed Lighting market by product type, application, key manufacturers and key regions and countries.
This study considers the Recessed Lighting value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
- LED Recessed Lighting
- Compact Fluorescent Recessed Lighting (CFL)
- Incandescent Bulbs Recessed Lighting
- Halogen Recessed Lighting
- Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
- Residential
- Commercial
- Industrial
- Institutions/Schools
- Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
- Americas
- United States
- Canada
- Mexico
- Brazil
- APAC
- China
- Japan
- Korea
- Southeast Asia
- India
- Australia
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Spain
- Middle East & Africa
- Egypt
- South Africa
- Israel
- Turkey
- GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
- Osram GmbH
- Elegant Lighting Inc
- Philips Lighting Holding B.V.
- Halo Commercial
- Cree Inc.
- Globe Electric
- Acuity Brands Lighting Inc.
- General Electric Company
- Eterna Lighting Ltd.
- Herbert Waldmann GmbH & Co. KG
- Acuity Brands Lighting Inc.
- Eaton Corporation PLC
- Hubbell Incorporation
- KLS Martin Group
- Cooper Lighting, LLC
- Zumtobel Lighting GmbH
- LSI Industries
- Juno Lighting Group
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
- To study and analyze the global Recessed Lighting consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Recessed Lighting market by identifying its various subsegments.
- Focuses on the key global Recessed Lighting manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Recessed Lighting with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Recessed Lighting submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.