Global market for general lighting to reach $47.6 billion by 2018

Increasing adoption of LEDs has spurred a major transformation within the already well-established general lighting market. Once dominated by lamps and luminary market participants, semi-conductor players now have a major role. Increasing LED adoption, price reduction, government incentives, and broadening utilization will drive significant growth in this market for at least the next five years.                                                     

BCC Research provides an in-depth analysis of the global market for general lighting through its report General Lighting: Global Markets. According to the report, this market was valued at nearly $25.7 billion in 2012 and was estimated at nearly $29.8 billion for 2013. BCC Research expects the market to grow to $47.6 billion by 2018, and register a five-year compound annual growth rate of 9.8% from 2013 to 2018.

Use this report to:

• Gain an overview of the global market for general lighting.
• Analyze global market trends, with data from 2012, estimates for 2013, and projections of CAGRs through 2018.
• Examine how a slowdown in residential construction has become a significant barrier for general lighting manufacturers.
• Evaluate specific strategies for market penetration on the basis of available opportunities.
• Review comprehensive profiles of leading companies in the industry.

SAMPLE FIGURE

GLOBAL MARKET FOR GENERAL LIGHTING MARKET BY REGION, 2011-2018

($ MILLIONS)

 

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