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Professional Luminaires Market – Key Companies Analysis at a CAGR of 3.85% by 2020

Tuesday, October 25, 2016 4:57
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Professional Luminaires Market research report provides granular analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. Professional Luminaires Market report 2016-2020 focuses on the major drivers and restraints for the key players.  The Professional Luminaires market research report is a professional and in-depth study on the current state of Professional Luminaires Industry.

Analysts forecast the global Professional Luminaires market to grow at a CAGR of 3.85% during the period 2016-2020.

Browse Detailed TOC, Tables, Figures, Charts and Companies Mentioned in Global Professional Luminaires market research report @

The research report covers the present scenario and the growth prospects of the global Professional Luminaires industry for 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. 

Professional Luminaires Market Segmentation by End-User:

• Commercial

• Outdoor

• Industrial

• Architecture 

Key Vendors of Professional Luminaires Market:

• Acuity Brands Inc.

• GE Lighting

• OSRAM Gmbh

• Panasonic Corp.

• Koninklijke Philips N.V. 

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The Professional Luminaires market report also presents the vendor landscape and a corresponding detailed analysis of the major vendors operating in the market. Professional Luminaires market report analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios.

Professional Luminaires Market Driver: 

• Increase in urbanization

• Introduction of energy-efficient lighting technologies

• Strong government support

• Major events and infrastructure projects

Professional Luminaires Market Challenge: 

• Long payback period

• Absence of global LED standardization

• Higher import duties

• Global economic slowdown

Professional Luminaires Market Trend: 

• Growing demand for architectural lighting fixtures

• Declining manufacturing cost of LEDs

• Emergence of smart cities

• Cloud-based smart lighting 

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Geographical Segmentation of Professional Luminaires Market:

  • Professional Luminaires market in Americas
  • Professional Luminaires market in APAC
  • Professional Luminaires market in EMEA

The report provides a basic overview of the Professional Luminaires industry including definitions, segmentation, applications, key vendors, market drivers and market challenges. The Professional Luminaires market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status

Through the statistical analysis, the report depicts the global Professional Luminaires market including capacity, production, production value, cost/profit, supply/demand and import/export. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.

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Key questions answered in Professional Luminaires market report:

  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

Price of Report: $2500 (Single User License)

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List of Exhibits in Professional Luminaires market report:

  • Exhibit 01: Product offerings
  • Exhibit 02: Impact of drivers
  • Exhibit 03: Impact of drivers and challenges
  • Exhibit 04: Key countries in each region
  • Exhibit 05: Global Professional Luminaires  market shares by geographies 2015
  • Exhibit 06: Global Professional Luminaires  market shares by geographies 2020
  • Exhibit 07: Geographical segmentation by revenue 2015

And continued….

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Market Reports World

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