In the five years to 2014, the Lighting and Bulb Manufacturing industry has struggled with rising import penetration and increasing input costs, which constrained revenue and profitability growth. Additionally, the increasing substitution of LEDs for traditional lighting systems has dramatically reduced demand for industry products. Poor industry performance is expected during the next five years, as contractors and homeowners alike are expected to increasingly opt for LED-lighting systems over industry products, significantly reducing downstream demand; import penetration levels are anticipated to continue growing, bolstering price competition for domestic manufacturers.
Operators in this industry manufacture a range of products, including electric light bulbs, tubes, parts and components. However, this industry excludes light-emitting diode (LED) and lighting fixtures manufacturers.
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.