Market research analysts at Orbis Research predict that the global decorative lighting market will grow steadily at a CAGR of more than of 7.01% by 2022. Commercial lighting impacts an attractive and appealing look to the venue which attracts customers. The venue demands various lights depending on the sector. For instance, retail lighting is used in retail outlets and involves the usage of creativity and artwork in lighting to enhance the look of the outlets, to improve the customer’s shopping experience, and to increase the sales revenue. —
Decorative lighting refers to residential and consumer lighting fixtures, lamps (inclusive of any light (tubes or bulbs) that is integrated with the fixture or the lamp), and string lights, which are considered in this report.
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The report covers the present scenario and the growth prospects of the global decorative lighting market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
Key vendors
Acuity Brands
Generation Brands
General Electric Company
Maxim Lighting
Signify Holding
Global Decorative Lighting Market 2018-2022, 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.
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The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Market driver
Growing demand for energy-efficient decorative lighting products
For a full, detailed list, view our report
Market challenge
Perceived value gap of customers
For a full, detailed list, view our report
Market trend
Increasing use of smart lighting systems
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2022 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?
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Companies Mentioned:
Acuity Brands, Generation Brands, General Electric Company, Maxim Lighting, and Signify Holding.
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