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Energy Efficient Lighting Market size to reach USD 86.15 Bn by the end of the forecast period, Emerging Trends and Regional Insights

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Energy Efficient Lighting Market size to reach USD 86.15 Bn by the end of the forecast period, Emerging Trends and Regional Insights

April 17
18:28 2023
Energy Efficient Lighting Market size to reach USD 86.15 Bn by the end of the forecast period, Emerging Trends and Regional Insights
Energy Efficient Lighting Market
Energy Efficient Lighting Market was valued at US$ 49.94 Bn. in 2022 and the total Energy Efficient Lighting revenue is expected to grow at 8.1% from 2023 to 2029, reaching nearly US$ 86.15 Bn.

Pune, 17, April, 2023: A global Energy & Power business-consulting firm, Maximize Market Research, has published a market intelligence and competitive landscape report on the “Energy Efficient Lighting Market”, which is a combination of primary data and secondary data. According to the report, the market is to grow from USD 49.94 Bn in 2022 to USD 86.15 Bn in 2029 at a CAGR of 8.1 percent.  

Energy Efficient Lighting Market Report Scope and Research Methodology

The Energy Efficient Lighting Market research provides a comprehensive market segmentation analysis along with market estimation for the period 2023-2029. The dynamics section in the report provides detailed information on the market drivers, opportunities, restraints, challenges and advantages. The report focuses on the trends and growth prospects of the Energy Efficient Lighting industry. To understand the impact of the various factors on the Energy Efficient Lighting Market, Porter’s five forces analysis is provided in the report. These factors include the bargaining power of suppliers, the competitive intensity of competitors, the threat of substitutes, the threat of new entrants and the bargaining power of buyers, which makes the Energy Efficient Lighting Market report an investor’s guide. SWOT analysis was conducted to provide the strengths and weaknesses of the Energy Efficient Lighting Market, while PORTER, PESTEL analysis was employed to understand the potential impact of macro-economic and micro-economic factors influencing the market. 

Energy Efficient Lighting Market Dynamics

The market is primarily driven by the technological advancements in the lighting systems and increasing need for reducing carbon emissions to curb global warming. The Energy Efficient Lighting market is also driven by the increasing demand for smart lighting solutions to enhance security and safety. During the forecast period, the market is expected to be driven by the rising consumer awareness toward energy-saving products. 

The factors that are hampering the market growth are the high costs and limited efficiency for applications that require heat sensitivity. The increasing expense of testing is also expected to hamper the market growth in future. 

Get a Sample Copy of the Report: https://www.maximizemarketresearch.com/request-sample/33568 

Energy Efficient Lighting Market Regional Insights

The North America region held more than one-third of the global Energy Efficient Lighting Market. This dominance was due to the increased production of energy efficient lamps. 

During the forecast period, the Energy Efficient Lighting Market in the Asia Pacific region is expected to grow at a high rate. The region emerged as a second largest market in 2022 majorly due to the high investments in modern lightening technologies. 

Energy Efficient Lighting Market Segmentation

By Lighting Source

  • High-intensity Discharge Lamps (HID)
  • Linear Fluorescent Lamps (LFL)
  • Light Emitting Diodes (LED)
  • Others

 

Energy Efficient Lighting Key Competitors include:

  • Dialight
  • LIGMAN Lighting Co., Ltd.
  • Philips Lighting Holding B.V.
  • Digital Lumens, Inc.
  • OSRAM GmbH
  • Eaton
  • General Electric Company
  • Toshiba Lighting & Technology Corporation
  • Bajaj Electricals Ltd.
  • Acuity Brands
  • Cooper Lighting
  • The Lighting Quotient
  • ABB
  • Eaton
  • Advanced Lighting Technologies Australia Inc.
  • Schneider Electric
  • Bridgelux

 

Table of Content for Global Energy Efficient Lighting Market 

  • Global Energy Efficient Lighting Market: Research Methodology

 

  • Global Energy Efficient Lighting Market: Executive Summary
  • Market Overview and Definitions
  • Introduction to Global Market
  • Summary
  • Key Findings
  • Recommendations for Investors
  • Recommendations for Market Leaders 
  • Recommendations for New Market Entry

 

  • Global Energy Efficient Lighting Market: Competitive Analysis
  • MMR Competition Matrix
  • Market Structure by region
  • Competitive Benchmarking of Key Players
  • Consolidation in the Market
  • M&A by region
  • Key Developments by Companies
  • Market Drivers
  • Market Restraints
  • Market Opportunities 
  • Market Challenges
  • Market Dynamics
  • PORTERS Five Forces Analysis
  • PESTLE
  • Regulatory Landscape by region
  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • South America
  • COVID-19 Impact

 

  • Global Energy Efficient Lighting Market Segmentation
  • Global Market, by Lighting Source (2021-2029)

 

  • Regional Energy Efficient Lighting Market (2021-2029)
  • Regional Market, by Lighting Source (2021-2029)
  • Regional Market, by Country (2021-2029)

 

  • Company Profile: Key players
  • Company Overview
  • Financial Overview
  • Global Presence
  • Capacity Portfolio
  • Business Strategy 
  • Recent Developments

 

Get the Sample PDF of Report: https://www.maximizemarketresearch.com/request-sample/33568 

Key questions answered in the Energy Efficient Lighting Market are:

  • What was the Energy Efficient Lighting Market size in 2022?
  • What is the expected Energy Efficient Lighting Market size by the end of the forecast period?
  • What is the expected CAGR of the Energy Efficient Lighting Market during the forecast period?
  • What are the Energy Efficient Lighting Market segments?
  • Which Energy Efficient Lighting Market segment is expected to grow at a high rate during the forecast?
  • What are the major challenges that the Energy Efficient Lighting Market could face in the future? 
  • What are the recent industry trends that can be implemented to generate additional revenue streams for Energy Efficient Lighting Market? 
  • What growth strategies are the players considering to increase their presence in Energy Efficient Lighting?
  • Who are the leading companies and what are their portfolios in Energy Efficient Lighting Market? 
  • Who held the largest Energy Efficient Lighting market share in 2022? 
  • Which regional Energy Efficient Lighting market is expected to grow at a high rate in future?

 

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curve by region (2018 to 2021)
  • Market Size, Share, Size & Forecast by different segment | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by Lighting Source and Region 
  • Competitive Landscape – Profiles of selected key players by region in a strategic perspective 
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis 
  • PORTER’s analysis 
  • Value chain and supply chain analysis 
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis 
  • Recommendations 

 

Maximize Market Research is leading Energy & Power research firm, has also published the following reports:

Energy-efficient Lighting Technology Market – The market size is expected to reach USD 377.74 billion by 2029 at a CAGR of 8.1 percent during the forecast period. The market is expected to be driven by the increasing government initiatives towards the appropriation of energy-efficient solutions along with green building initiatives in various countries. 

Lighting Transformer Market – The market size is expected to reach USD 3 billion by 2029 at a CAGR of 5.4 percent during the forecast period. The market is expected to be driven by the increasing focus on sustainability and energy efficiency in construction industry. 

 

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

 

Contact Maximize Market Research:

3rd Floor, Navale IT Park, Phase 2

Pune Banglore Highway, Narhe,

Pune, Maharashtra 411041, India

[email protected] 

+91 96071 95908, +91 9607365656

Media Contact
Company Name: MAXIMIZE MARKET RESEARCH PVT. LTD.
Contact Person: Geeta Yevle
Email: Send Email
Phone: +91 9607365656
Address:3rd Floor, Navale IT Park, Phase 2, Pune Banglore Highway, Narhe,
City: Pune
State: Maharashtra
Country: India
Website: https://www.maximizemarketresearch.com/market-report/global-energy-efficient-lighting-market/33568/