Lighting products are found throughout homes, work places and public spaces. Two key trends are shaping the lighting market: the need for energy efficiency and the emergence of solid state lighting.
Lighting presents a clear opportunity to save energy and slow climate change. It accounts for about 19% of global electricity consumption. Innovative lighting solutions can save energy, while also improving the quality of light.
This industry manufactures light bulbs, tubes and fittings. A business in this industry is involved in manufacturing a range of electric light products (such as bulbs, electric light fittings) and selling these products to wholesalers and in certain instances, directly to retailers. Most manufacturers in this industry adapt imported technology to suit local conditions and concentrate on one or two product lines that serve particular niche requirements.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.