general lighting market in north america 2015-2019
TRANSCRIPT
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General Lighting Market in North America 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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General Lighting Market in North America 2015-2019,
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Key Trends
Technavio’s Senior Analyst says, “Canada and the US have introduced stringent regulations to ban the use of incandescent lamps and encourage the use of energy-efficient lighting. Therefore, we expect the sales of incandescent lamps to drop steeply during the forecast period. Market competition has intensified, and end-users have become increasingly price sensitive, which has given rise to price wars and lowered vendors' margins.”
• Lighting, general lighting, or ambient lighting refers to fixed light source installations that are used to provide a practical or aesthetic lighting effect. General lighting is used extensively in application segments such as residential, industrial, architectural, hospitality, office, outdoor, and shop. Apart from the categorization of lighting based on its applications, lighting can also be categorized based on technology.
• Technavio's analysts forecast the general lighting market in North America to grow at a CAGR of 2.67% during the period 2014-2019.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:
General Lighting Market in North America 2015-2019
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Vendors
To understand the vendor landscape and for a full list of vendors view our report:
General Lighting Market in North America 2015-2019
GE
Panasonic
Philips
GE was founded in 1892 and is headquartered in Fairfield, Connecticut, US. It is a diversified infrastructure, healthcare, and financial services company. It operates through more than 100 subsidiaries to serve customers in over 170 countries.
Panasonic, a leading electronic products manufacturer, is engaged in providing a wide range of innovative electronic products and solutions under the Panasonic brand.
Philips was incorporated in 1891 and is headquartered in Amsterdam, Netherlands. Philips is a global leader in healthcare, lighting, consumer lifestyle, and innovation, group, and services. The company has a strong brand value and enjoys a good market presence worldwide.
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Market Landscape
• The global lighting market is highly fragmented and complex.
• It is driven by seven major application areas and five key technologies.
• The difference in deployment also plays a critical role in shaping the market; it is essentially based on geography, as lighting requirements and government regulations differ worldwide.
• The growing depletion of fossil fuels, concerns related to climate change, and population growth have prompted vendors to innovate and enhance their product offerings accordingly.
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Key Buying CriteriaGuest Bloggers
Parameters Details
Brightness The intensity of illumination from lighting sources should be high.
Lifespan Lighting sources should have a long lifespan.
Operating Costs
The operating cost of lighting sources should be low from vendors' perspectives.
Ownership Costs
The cost of lighting sources should be affordable from the end-users' perspective.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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General Lighting Market in North America 2015-2019
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