the european market for lighting fixtures, part i, 2016-toc

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THE EUROPEAN MARKET FOR LIGHTING FIXTURES, PART I EUROPE

April 2016 EU06

Research prepared by A. Volpe All CSIL publications are available for online purchase and immediate download from:

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The European market for lighting fixtures, Part I

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© Copyright CSIL This report is exclusively for consultation on the part of the purchaser. It may not be reproduced in whole or in part by any means whatsoever without the prior written permission of CSIL

I

CONTENTS

INTRODUCTION 1 Contents of the Report 1 Research tools and methodological notes 2 Table 0.1 Exchange rates between national currencies and EUR, 2010-2015 3 Previous estimates revised 3 Duplications 3 Terminology 3 Financial analysis 4 Other CSIL reports in the lighting industry 4

1. EXECUTIVE SUMMARY 6 1.1 Activity trend 6 Table 1.1 Europe. Lighting fixtures. Basic data, 2015 6 1.2 Trade 6 1.3 Employment and productivity 7 1.4 Main players 7 Table 1.2 Europe. Lighting fixtures. Market shares on total European production of the major companies, 2010-2015. Percentage

values 8 1.5 Lighting sources 9 Figure 1.1 Europe. LED based lighting fixtures sales, 2010-2015 estimated data and 2016-2019 forecasts. USD million and % share

on total lighting market 9 1.6 Acquisitions 10 1.7 Distribution 11 1.8 Energy efficiency 11 1.9 Human Centric Lighting (HCL): new products based on the study of electromagnetic spectrum 12 1.10 Intelligent lighting systems 13 1.11 Smart urban lighting 13

2. BASIC DATA 14 2.1 Total lighting fixtures 14 Table 2.1 Europe. Total lighting fixtures. Production, international trade and consumption by country, 2015. EUR Million and

percentage annual changes 14 Figure 2.1 Europe. Total lighting fixtures. Production, international trade and consumption by country, 2015. Percentage shares in

value 15 2.2 Residential and technical lighting fixtures 16 Table 2.2 Europe. Residential lighting fixtures. Production, international trade and consumption, 2015. EUR Million and percentage

annual changes 16 Table 2.3 Europe. Technical* lighting fixtures. Production, international trade and consumption by country, 2015. EUR Million and

percentage annual changes 17 Table 2.4 Europe. Consumption of lighting fixtures by segment, 2014 and 2015. EUR Million and percentage changes 17

3. ACTIVITY TREND 18 3.1 Europe 18 Table 3.1a Europe. Production, consumption, international trade of lighting fixtures and comparison with selected country indicators,

2010-2015 19 Table 3.1b Europe. Country indicators. Forecasts, 2016-2017 19 Table 3.2 Europe. GDP and private consumption by country, forecasts 2016-2017. Percentage changes 20 3.2 Northern Europe 20

Denmark 20


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Finland 20 Norway 21 Sweden 21

Table 3.3a Denmark. Production, consumption, international trade of lighting fixtures and comparison with selected country indicators, 2010-2015 22

Table 3.3b Denmark. Country indicators. Forecasts, 2016-2017 22 Table 3.4a Finland. Production, consumption, international trade of lighting fixtures and comparison with selected country indicators,

2010-2015 23 Table 3.4b Finland. Country indicators. Forecasts, 2016-2017 23 Table 3.5a Norway. Production, consumption, international trade of lighting fixtures and comparison with selected country indicators,

2010-2015 24 Table 3.5b Norway. Country indicators. Forecasts, 2016-2017 24 Table 3.6a Sweden. Production, consumption, international trade of lighting fixtures and comparison with selected country indicators,

2010-2015 25 Table 3.6b Sweden. Country indicators. Forecasts, 2016-2017 25 3.3 Western Europe 26

Belgium 26 France 26 Ireland 26 United Kingdom 27

Table 3.7a Belgium. Production, consumption, international trade of lighting fixtures and comparison with selected country indicators, 2010-2015 28

Table 3.7b Belgium. Country indicators. Forecasts, 2016-2017 28 Table 3.8a France. Production, consumption, international trade of lighting fixtures and comparison with selected country indicators,

2010-2015 29 Table 3.8b France. Country indicators. Forecasts, 2016-2017 29 Table 3.9a Ireland. Production, consumption, international trade of lighting fixtures and comparison with selected country indicators,

2010-2015 30 Table 3.9b Ireland. Country indicators. Forecasts, 2016-2017 30 Table 3.10a United Kingdom. Production, consumption, international trade of lighting fixtures and comparison with selected country

indicators, 2010-2015 31 Table 3.10b United Kingdom. Country indicators. Forecasts, 2016-2017 31 3.4 Central Europe 32

Austria 32 Germany 32 The Netherlands 32 Switzerland 33

Table 3.11a Austria. Production, consumption, international trade of lighting fixtures and comparison with selected country indicators, 2010-2015 34

Table 3.11b Austria. Country indicators. Forecasts, 2016-2017 34 Table 3.12a Germany. Production, consumption, international trade of lighting fixtures and comparison with selected country

indicators, 2010-2015 35 Table 3.12b Germany. Country indicators. Forecasts, 2016-2017 35 Table 3.13a Netherlands. Production, consumption, international trade of lighting fixtures and comparison with selected country

indicators, 2010-2015 36 Table 3.13b Netherlands. Country indicators. Forecasts, 2016-2017 36 Table 3.14a Switzerland. Production, consumption, international trade of lighting fixtures and comparison with selected country

indicators, 2010-2015 37 Table 3.14b Switzerland. Country indicators. Forecasts, 2016-2017 37 3.5 Southern Europe 38

Greece 38 Italy 38 Portugal 38 Spain 38


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Table 3.15a Greece. Production, consumption, international trade of lighting fixtures and comparison with selected country indicators, 2010-2015 40

Table 3.15b Greece. Country indicators. Forecasts, 2016-2017 40 Table 3.16a Italy. Production, consumption, international trade of lighting fixtures and comparison with selected country indicators,

2010-2015 41 Table 3.16b Italy. Country indicators. Forecasts, 2016-2017 41 Table 3.17a Portugal. Production, consumption, international trade of lighting fixtures and comparison with selected country

indicators, 2010-2015 42 Table 3.17b Portugal. Country indicators. Forecasts, 2016-2017 42 Table 3.18a Spain. Production, consumption, international trade of lighting fixtures and comparison with selected country indicators,

2010-2015 43 Table 3.18b Spain. Country indicators. Forecasts, 2016-2017 43

4. INTERNATIONAL TRADE 44 4.1 Europe 44 Figure 4.1 Europe. Exports of lighting fixtures by country of origin, 2010-2015. Percentage shares in value 45 Figure 4.2 Europe. Imports of lighting fixtures by country of destination, 2010-2015. Percentage shares in value 45 Table 4.1a Europe. Exports of lighting fixtures by country of destination, 2010-2015 46 Table 4.1b Europe. Exports of lighting fixtures by geographical area of destination, 2010-2015 46 Table 4.2a Europe. Imports of lighting fixtures by country of origin, 2010-2015 47 Table 4.2b Europe. Imports of lighting fixtures by geographical area of origin, 2010-2015 47 4.2 Northern Europe 48

Denmark 48 Finland 48 Norway 48 Sweden 48

Table 4.3 Denmark. Exports of lighting fixtures by country and by geographical area of destination, 2010-2015 49 Table 4.4 Denmark. Imports of lighting fixtures by country and by geographical area of origin, 2010-2015 50 Table 4.5 Finland. Exports of lighting fixtures by country and by geographical area of destination, 2010-2015 51 Table 4.6 Finland. Imports of lighting fixtures by country and by geographical area of origin, 2010-2015 52 Table 4.7 Norway. Exports of lighting fixtures by country and by geographical area of destination, 2010-2015 53 Table 4.8 Norway. Imports of lighting fixtures by country and by geographical area of origin, 2010-2015 54 Table 4.9 Sweden. Exports of lighting fixtures by country and by geographical area of destination, 2010-2015 55 Table 4.10 Sweden. Imports of lighting fixtures by country and by geographical area of origin, 2010-2015 56 4.3 Western Europe 57

Belgium 57 France 57 Ireland 57 United Kingdom 57

Table 4.11 Belgium. Exports of lighting fixtures by country and by geographical area of destination, 2010-2015 58 Table 4.12 Belgium. Imports of lighting fixtures by country and by geographical area of origin, 2010-2015 59 Table 4.13 France. Exports of lighting fixtures by country and by geographical area of destination, 2010-2015 60 Table 4.14 France. Imports of lighting fixtures by country and by geographical area of origin, 2010-2015 61 Table 4.15 Ireland. Exports of lighting fixtures by country and by geographical area of destination, 2010-2015 62 Table 4.16 Ireland. Imports of lighting fixtures by country and by geographical area of origin, 2010-2015 63 Table 4.17 UK. Exports of lighting fixtures by country and by geographical area of destination, 2010-2015 64 Table 4.18 UK. Imports of lighting fixtures by country and by geographical area of origin, 2010-2015 65 4.4 Central Europe 66

Austria 66 Germany 66 The Netherlands 66 Switzerland 66

Table 4.19 Austria. Exports of lighting fixtures by country and by geographical area of destination, 2010-2015 67 Table 4.20 Austria. Imports of lighting fixtures by country and by geographical area of origin, 2010-2015 68


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Table 4.21 Germany. Exports of lighting fixtures by country and by geographical area of destination, 2010-2015 69 Table 4.22 Germany. Imports of lighting fixtures by country and by geographical area of origin, 2010-2015 70 Table 4.23 Netherlands. Exports of lighting fixtures by country and by geographical area of destination, 2010-2015 71 Table 4.24 Netherlands. Imports of lighting fixtures by country and by geographical area of origin, 2010-2015 72 Table 4.25 Switzerland. Exports of lighting fixtures by country and by geographical area of destination, 2010-2015 73 Table 4.26 Switzerland. Imports of lighting fixtures by country and by geographical area of origin, 2010-2015 74 4.5 Southern Europe 75

Greece 75 Italy 75 Portugal 75 Spain 75

Table 4.27 Greece. Exports of lighting fixtures by country and by geographical area of destination, 2010-2015 76 Table 4.28 Greece. Imports of lighting fixtures by country and by geographical area of origin, 2010-2015 77 Table 4.29 Italy. Exports of lighting fixtures by country and by geographical area of destination, 2010-2015 78 Table 4.30 Italy. Imports of lighting fixtures by country and by geographical area of origin, 2010-2015 79 Table 4.31 Portugal. Exports of lighting fixtures by country and by geographical area of destination, 2010-2015 80 Table 4.32 Portugal. Imports of lighting fixtures by country and by geographical area of origin, 2010-2015 81 Table 4.33 Spain. Exports of lighting fixtures by country and by geographical area of destination, 2010-2015 82 Table 4.34 Spain. Imports of lighting fixtures by country and by geographical area of origin, 2010-2015 83

5. MARKET STRUCTURE 84 5.1 Market segment and product type 84 Figure 5.1 Europe. Lighting fixtures. Breakdown of European consumption by market segment, 2011-2013-2015. Percentage shares in

value 84 Residential lighting 85

Figure 5.2 Europe. Residential lighting. Breakdown of European consumption by style, 2011-2013-2015. Percentage shares in value 85

Figure 5.3 Europe. Residential lighting. Breakdown of European consumption by positioning of the lamp, 2011-2013-2015. Percentage shares in value 86

Commercial lighting 86 Figure 5.4 Europe. Commercial lighting. Breakdown of European supply by destination, 2011-2013-2015. Percentage shares in value

87 Figure 5.5 Europe. Commercial lighting. Breakdown of European consumption by product type, 2015. Percentage shares in value 88 Table 5.1 Europe. Lighting fixtures. Breakdown of European consumption by light source by country, 2015. Percentage shares in

value 88 Industrial lighting 89

Figure 5.6 Europe. Industrial lighting. Breakdown of European supply by product type, 2011-2013-2015. Percentage shares in value 89 Outdoor lighting 89

Figure 5.7 Europe. Outdoor lighting. Breakdown of European supply by product type, 2011-2013-2015. Percentage shares in value 90 5.2 Light sources 91

Europe 91 Figure 5.8 Europe. LED based lighting fixtures sales, 2010-2015 estimated data and 2016-2019 forecasts. USD million and % share

on total lighting market 92 Figure 5.9 Europe. LED based lighting fixtures sales, 2010-2015 estimated data and 2016-2019 forecasts. % annual change 92

OLED 93 Figure 5.10 Europe. Lighting fixtures. Breakdown of European supply by light source, 2011-2013-2015. Percentage shares in value 94 Table 5.2 Europe. Lighting fixtures. Breakdown of European consumption by light source by country, 2015. Percentage shares in

value 94 Table 5.3 Europe. LED based lighting fixtures sales and market shares of 50 among the leading companies, 2015 95

Northern Europe 96 Table 5.4 Northern Europe. Breakdown of lighting fixtures market by light source in a sample of companies, 2015. Percentage shares

in value 96 Western Europe 97

Table 5.5 Western Europe. Breakdown of lighting fixtures market by light source in a sample of companies, 2015. Percentage shares in value 97


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Central Europe 98 Table 5.6 Central Europe. Breakdown of lighting fixtures market by light source in a sample of companies, 2015. Percentage shares

in value 99 Southern Europe 100

Table 5.7 Southern Europe. Breakdown of lighting fixtures market by light source in a sample of companies, 2015. Percentage shares in value 101

5.3 Financial results 102 Table 5.8 Turnover and EBITDA ratio for a sample of 80 companies 102 5.4 Employment 104 Figure 5.14 Europe. Lighting fixtures. Turnover per employee by country (estimated data on a sample of companies), 2015. Thousand

Eur 104 Figure 5.15 Europe. Number of employees and average turnover per employee in a sample of companies, 2015 105 Table 5.8 Europe. Employment trend in a sample of 50 companies, 2007-2009-2011-2013-2015 106 Table 5.9 Europe. Employment breakdown (at home/abroad) in a sample of companies, 2015 107 Table 5.10 Europe. Lighting fixtures. Production breakdown by geographical area in a sample of companies, 2015. Percentage shares

in value 108 5.5 A selection of relevant suppliers to the lighting fixtures industry 109

6. DISTRIBUTION CHANNELS 110 6.1 Europe 110 Figure 6.1 Europe. Lighting fixtures. Breakdown of European sales by distribution channel, 2011-2013-2015. Percentage shares in

value 112 Table 6.1 Europe. Lighting fixtures. Residential segment. Sales breakdown by distribution channel by country, 2015. Percentage

shares in value 112 Table 6.2 Europe. Lighting fixtures. Technical segment. Sales breakdown by distribution channel by country, 2015. Percentage

shares in value 113 6.2 Northern Europe 113 Table 6.3 Northern Europe. Breakdown of lighting fixtures market by distribution channel in a sample of companies, 2015. Percentage

shares in value 114 6.3 Western Europe 115 Table 6.4 Western Europe. Breakdown of lighting fixtures market by distribution channel in a sample of companies, 2015. Percentage

shares in value 117 6.4 Central Europe 118 Table 6.5 Central Europe. Breakdown of lighting fixtures market by distribution channel in a sample of companies, 2015. Percentage

shares in value 121 6.5 Southern Europe 122 Table 6.6 Southern Europe. Breakdown of lighting fixtures market by distribution channel in a sample of companies, 2015.

Percentage shares in value 123 6.6 Key contacts for the Contract market: architectural offices, free-lance designers, lighting designers 124 6.7 The world of Lighting Designers 125

7. SALES BY PRODUCT: MAJOR COMPANIES’ MARKET SHARES 127 Table 7.1 Lighting fixtures turnover and market shares of 50 among the leading European companies, 2015 131 Table 7.2 Breakdown of European production of lighting fixtures by segment, 2015. Percentage shares in value 132 Table 7.3 Lighting fixtures sales in Europe and market shares of 50 among the leading companies, 2015 133 7.1 Residential lighting sales 134 Table 7.4 Residential lighting fixtures sales in Europe and market shares of 50 among the leading companies, 2015 135

Traditional lighting 136 Table 7.5 Residential lighting fixtures sales in Europe and market shares by style, 2015: traditional 137

Modern lighting 138 Table 7.6 Residential lighting fixtures sales in Europe and market shares by style, 2015: modern 139

Design lighting 140 Table 7.7 Residential lighting fixtures sales in Europe and market shares by style, 2015: design 143

Floor and table lamps 144 Wall and ceiling lamps 144


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Suspensions 144 Table 7.8 Residential lighting fixtures sales in Europe and market shares by positioning of the lamp, 2015: floor lamps 145 Table 7.9 Residential lighting fixtures sales in Europe and market shares by positioning of the lamp, 2015: table lamps 146 Table 7.10 Residential lighting fixtures sales in Europe and market shares by positioning of the lamp, 2015: wall and ceiling lamps 147 Table 7.11 Residential lighting fixtures sales in Europe and market shares by positioning of the lamp, 2015: suspension lamps 148 7.2 Commercial lighting 149 Table 7.12 Commercial lighting fixtures sales in Europe and market shares of 50 among the leading companies, 2015 151

Hospitality 152 Office 152

Table 7.13 Commercial lighting fixtures sales in Europe and market shares by destination, 2015: hospitality 153 Table 7.14 Commercial lighting fixtures sales in Europe and market shares by destination, 2015: office 154

Retail 155 Art and Museum 156

Table 7.15 Commercial lighting fixtures sales in Europe and market shares by destination, 2015: retail 157 Table 7.16 Commercial lighting fixtures sales in Europe and market shares by destination, 2015: art and museums 158

Entertainment 158 Schools and infrastructures 158

Table 7.17 Commercial lighting fixtures sales in Europe and market shares by destination, 2015: entertainment 159 Table 7.18 Commercial lighting fixtures sales in Europe and market shares by destination, 2015: infrastructures* 160 7.3 Industrial, Healthcare and Emergency lighting 161 Table 7.19 Industrial lighting fixtures sales in Europe and market shares of 50 among the leading companies, 2015 162

Industrial lighting 163 Table 7.20 Industrial lighting fixtures sales in Europe and market shares by product/ destination, 2015: lighting for industrial plants 164

Healthcare lighting 165 Emergency lighting 165

Table 7.21 Industrial lighting fixtures sales in Europe and market shares by product/ destination, 2015: healthcare lighting 167 Table 7.22 Industrial lighting fixtures sales in Europe and market shares by product/ destination, 2015: emergency lighting 168

Weather resistant, explosion proof 168 Marine 169

Table 7.23 Industrial lighting fixtures sales in Europe and market shares by product/ destination, 2015: weather resistant and explosion proof lamps 170

Table 7.24 Industrial lighting fixtures sales in Europe and market shares by product/ destination, 2015: marine lighting 170 7.4 Outdoor lighting 171 Table 7.25 Outdoor lighting fixtures sales in Europe and market shares of 50 among the leading companies, 2015 174

Outdoor residential lighting 175 Urban landscape 175

Table 7.26 Outdoor lighting fixtures sales in Europe and market shares by destination, 2015: consumer outdoor lighting 176 Table 7.27 Outdoor lighting fixtures sales in Europe and market shares by destination, 2015: urban landscape and city centers lighting

177 Major roads 178 Tunnel lighting 178 Sporting plants and large areas 178 Christmas light 178

Table 7.28 Outdoor lighting fixtures sales in Europe and market shares by destination, 2015: streets and major roads lighting 179 Table 7.29 Outdoor lighting fixtures sales in Europe and market shares by destination, 2015: tunnels and galleries lighting 180 Table 7.30 Outdoor lighting fixtures sales in Europe and market shares by destination, 2015: sport plants and other large area lighting

181 Table 7.31 Outdoor lighting fixtures sales in Europe and market shares by destination, 2015: Christmas and event lighting 181

8. SALES BY COUNTRY: MAJOR COMPANIES’ MARKET SHARES 182 8.1 Northern Europe 182

Denmark 182 Table 8.1 Denmark. Sales of lighting fixtures and market shares of 50 among the leading companies, 2015 183

Finland 184


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Table 8.2 Finland. Sales of lighting fixtures and market shares of 50 among the leading companies, 2015 185 Norway 186

Table 8.3 Norway. Sales of lighting fixtures and market shares of 50 among the leading companies, 2015 187 Sweden 188

Table 8.4 Sweden. Sales of lighting fixtures and market shares of 50 among the leading companies, 2015 189 8.2 Western Europe 190

Belgium 190 Table 8.5 Belgium. Sales of lighting fixtures and market shares of 50 among the leading companies, 2015 191

France 192 Table 8.6 France. Sales of lighting fixtures and market shares of 50 among the leading companies, 2015 194

Ireland 195 Table 8.7 Ireland. Sales of lighting fixtures and market shares of 50 among the leading companies, 2015 195

United Kingdom 196 Table 8.8 United Kingdom. Sales of lighting fixtures and market shares of 50 among the leading companies, 2015 201 8.3 Central Europe 202

Austria 202 Table 8.9 Austria. Sales of lighting fixtures and market shares of 50 among the leading companies, 2015 203

Germany 204 Table 8.10 Germany. Sales of lighting fixtures and market shares of 50 among the leading companies, 2015 206

Netherlands 207 Table 8.11 Netherlands. Sales of lighting fixtures and market shares of 50 among the leading companies, 2015 208

Switzerland 209 Table 8.12 Switzerland. Sales of lighting fixtures and market shares of 50 among the leading companies, 2015 210 8.4 Southern Europe 211

Greece 211 Table 8.13 Greece. Sales of lighting fixtures and market shares of 50 among the leading companies, 2015 212

Italy 213 Table 8.14 Italy. Sales of lighting fixtures and market shares of 50 among the leading companies, 2015 215

Portugal 216 Table 8.15 Portugal. Sales of lighting fixtures and market shares of 50 among the leading companies, 2015 217

Spain 218 Table 8.16 Spain. Sales of lighting fixtures and market shares of 50 among the leading companies, 2015 220 8.5 Extra European sales 221

Eastern Europe and Russia 221 Table 8.17 Exports of lighting fixtures in Central Eastern Europe and CIS Countries in a sample of leading European companies, 2015

222 Middle East 223

Table 8.18 Exports of lighting fixtures in the Middle East in a sample of leading European companies, 2015 224 Asia and Pacific 225

Table 8.19 Exports of lighting fixtures in Asia Pacific in a sample of leading European companies, 2015 226 Americas 227

Table 8.20 Exports of lighting fixtures in North America in a sample of leading European companies, 2015 228 Table 8.21 Exports of lighting fixtures in Central-South America in a sample of leading European companies, 2015 229

Africa 230 Table 8.22 Exports of lighting fixtures in Africa in a sample of leading European companies, 2015 231 8.6 Chinese exporters to Europe 232 Table 8.23 Lighting fixture sales in Europe of the top 60 Chinese companies, 2014 233

APPENDIX: LIST OF COMPANIES 234 Austria 234 Belgium 234 Denmark 235 Finland 235


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France 236 Germany 236 Greece 239 Ireland 239 Italy 239 Netherlands 242 Norway 242 Portugal 243 Spain 243 Sweden 244 Switzerland 245 United KIngdom 245

the european market for lighting fixtures, part i, 2016-toc

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