Global Decorative Lighting Market 2017-2021
LONDON, June 14, 2017 /PRNewswire/ -- About Decorative Lighting
The demand for energy-efficient and reliable LED technology is a growth driver for the manufacturers who are now concentrating more on manufacturing LED decorative lighting products. Various LED decorative lighting products like LED lamps, LED pendant lights, and LED wall lights(sconces) are available in the market. Buyers are at present increasingly opting for premium decorative lights. The use of decorative lights in commercial areas is increasing because they help to create an attractive ambiance. These lights have also become necessary for the hospitality sector and retail outlets. This creates the demand for decorative lighting products in the market.
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Technavio's analysts forecast the global decorative lighting market to grow at a CAGR of 6.30% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global Decorative Lighting market for 2017-2021. To calculate the market size, the report considers the value sales of decorative lighting products.
The market is divided into the following segments based on geography:
-- Americas
-- APAC
-- EMEA
Technavio's report, Global Decorative Lighting Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
-- Acuity Brands Lighting
-- General Electric
-- Generation Brands
-- Koninklijke Philips
-- Maxim Lighting
Other prominent vendors
-- ACCESS LIGHTING
-- Diamond Life Group
-- EGLO Leuchten
-- Elstead Lighting
-- Estiluz Lighting
-- Franklite
-- HUAYI LIGHTING
-- JH Miller
-- LUMINAIRES GROUP
-- Vast china lighting manufacture
-- Zumtobel Group
Market driver
-- Innovations in technology
-- For a full, detailed list, view our report
Market challenge
-- Value gap in decorative lighting products
-- For a full, detailed list, view our report
Market trend
-- Evolution of smart lighting system
-- For a full, detailed list, view our report
Key questions answered in this report
-- What will the market size be in 2021 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?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
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