Thursday, 25 August 2016

Professional Luminaires Market Global Analysis, Size, Share, Growth, Trends, and Forecast to 2020

According to the report, strong support from government will be a key driver for market growth. Strong government support is one of the major factors driving the growth of the global professional luminaires market. For instance, China's 12th Five-Year Plan (2011-2015) focuses mainly on energy conservation. The government is looking at reducing power generation from coal plants, expanding the country's nuclear power generation base, encouraging green technologies in all areas of manufacturing, and promoting efficient lighting technologies to reduce power consumption. In addition, the government plans to ban the production and sale of high-power-consuming lighting sources and incandescent bulbs in the country.
The following companies are the key players in the global professional luminaires market: Acuity Brands, GE Lighting, OSRAM, Panasonic, and Philips.

The analysts forecast global professional luminaires market to grow at a CAGR of 3.85% during the period 2016-2020. Luminaires based on LED and conventional light sources include CFL, fluorescent lamps, halogen, HID, and incandescent. LED-based luminaires will account for the largest market share because of their energy efficiency and low operational costs. An LED light bulb on an average consumes 30%-50% less power than a conventional light bulb. In addition, LED bulbs are eco-friendly as they do not contain mercury. The global professional luminaires market is expected to grow at a CAGR of 3.85% during the forecast period, with the majority of demand coming from the residential and commercial segments. In 2015, APAC accounted for 48.49% of the global professional luminaires market.

Complete report on professional luminaires market spreads across 98 pages profiling 5 companies and supported with 49 Exhibits and Table Buy @

Table of Contents for Global Professional Luminaires Market 2016-2020 Report
PART 01: Executive summary
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Lighting industry overview
LED lighting
Market size and forecast
Five forces analysis
PART 06: Market segmentation by technology
Global professional luminaires market by technology
Conventional light source luminaires market 2015-2020
LED light source luminaires market 2015-2020
PART 07: Market segmentation by end-user
Global professional luminaires market by end-user
PART 08: Geographical segmentation
Global professional luminaires market by geography
PART 09: Key emerging markets
PART 10: Market drivers
Increase in urbanization
Introduction of energy-efficient lighting technologies
Strong government support
Major events and infrastructure projects
PART 11: Impact of drivers
PART 12: Market challenges
Long payback period
Absence of global LED standardization
Higher import duties
Global economic slowdown
PART 13: Impact of drivers and challenges
PART 14: Market trends
Growing demand for architectural lighting fixtures
Declining manufacturing cost of LEDs
Emergence of smart cities
Cloud-based smart lighting
PART 15: Vendor landscape
Competitive scenario
PART 16: Key vendor analysis
Acuity Brands
GE Lighting
PART 17: Appendix
List of abbreviations

List of Exhibits
Exhibit 01: Basic components of luminaires
Exhibit 02: Key segments of global lighting market
Exhibit 03: Key countries in each region
Exhibit 04: Product offerings
Exhibit 05: Luminaire products by form
Exhibit 06: General lighting industry
Exhibit 07: Evolution of lighting industry
Exhibit 08: Components of LED bulb
Exhibit 09: Components of LED lighting
Exhibit 10: Light output
Exhibit 11: Efficiency and cost various light sources
Exhibit 12: LED luminaire value chain
Exhibit 13: Global professional luminaires market
Exhibit 14: Global professional luminaires market 2015-2020 ($ billions)
Exhibit 15: Five forces analysis
Exhibit 16: Global professional luminaires market by technology
Exhibit 17: Market share of major professional luminaire technologies during forecast period
Exhibit 18: Global professional luminaires market by light source technologies in terms of revenue generation 2015-2020 (in billions)
Exhibit 19: Conventional light source luminaires technology 2015-2020 ($ billions)
Exhibit 20: Timeline for ban on incandescent light source worldwide 2009-2016 more available at

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