1. Market Research
  2. > Manufacturing
  3. > Electrical Equipment Market Trends

World Lighting Fixtures Market, Freedonia

  • September 2014
  • 515 pages
  • Freedonia
Report ID: 1008678


Table of Contents

World demand to rise 7% annually through 2018

Worldwide demand for lighting fixtures is projected to increase at a 7% annual rate through 2018 to $174.5 billion, improving upon growth that was recorded during the 2008-2013 period. Advances will be bolstered by industrialization efforts in developing nations. Specifically, locations that maintain significant and fast growing construction and motor vehicle production markets, such as India and China, will post the fastest gains in lighting fixture demand. In addition, the rebounding economies in much of the developed world will facilitate rising lighting fixture sales. Furthermore, the continued adoption of higher value lighting fixtures that are optimized for use with more efficient light sources, such as light-emitting diodes (LEDs), will fuel demand.

China to account for largest share of new demand

In 2013, China comprised 24 percent of worldwide demand for lighting fixtures. China is expected to account for the largest share of additional global demand through 2018 with 37 percent of sales gains. The country will continue to experience robust growth because of its rapidly growing construction spending, including a number of large-scale lighting fixture retrofit projects, and its status as the world’s largest motor vehicle manufacturer. However, India will increase at the fastest rate, driven by the country’s continuing expansion of its electric grid, modernization of its building stock, and growth of the nation’s vehicle production industry.

Key US market to see above-average growth

The US, which was the second largest national market in 2013 with 18 percent of global sales, is projected to achieve above-average gains, even as the rest of the developed world posts more moderate growth rates. Advances in the US lighting fixture market are largely the result of an ongoing economic rebound. However, sales increases in much of Western Europe, and Japan and Australia will be slower, hampered by a long-running shift in vehicle production capacity away from these areas and a less robust recovery from a weakened economic climate. Still, lighting fixture sales in these areaswill benefit from a pickup in consumer spending levels and construction activity, even given their much more mature lighting fixture markets.

Nonportable lighting fixtures to offer best opportunities

Nonportable lighting fixtures will continue to account for the bulk of demand, and experience the strongest growth in sales through 2018. Indoor and outdoor nonportable lighting fixtures will record comparable rates of growth through 2018, benefiting from the strong gains in construction spending that is expected in much of the world. Advances for portable lighting fixtures will be more modest, partly because many of the newer light technologies fit most legacy portable fixtures so an upgrade is not necessary to get greater energy efficiency.

Construction to be fastest growing market

The construction market for lighting fixtures is expected to post the fastest growth in demand through 2018. This market -- which includes hardwired fixtures as well as the separately sold parts and accessories -- is also the biggest outlet for lighting fixtures. Specifically, residential construction applications will post the fastest gains, with sales in this market segment benefiting from the expected gains in household construction.

Study coverage

This upcoming industry study, World Lighting Fixtures, presents historical demand data for 2003, 2008 and 2013, and forecasts for 2018 and 2023 by product, market, world region, and for 24 countries. The study also considers market environment factors, evaluates company market share and profiles 40 global industry players.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Amrita helps you find the right report:


The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

LED Materials Market by Material Type, Application, Automotive Lighting, Backlighting, and Region - Global Forecast to 2021

  • $ 5650
  • Industry report
  • April 2017
  • by MarketsandMarkets

“Growing use of LED materials in general lighting is a prime factor driving the growth of the LED materials market.” The global LED materials market is projected to reach USD 12.55 billion by 2021, ...

Industrial Lighting Market by Light Source, Offering, Installation Type, Product, Application, and Geography - Global Forecast to 2023

  • $ 5650
  • Industry report
  • August 2017
  • by MarketsandMarkets

“Increasing modernization and infrastructural development, durability of LED lights for industrial usage, and low energy consumption by LEDs are expected to drive the growth of the industrial lighting ...

Ambient Lighting Market by Offering, Type, End User, and Region - Global Forecast to 2023

  • $ 5650
  • Industry report
  • August 2017
  • by MarketsandMarkets

“Ambient lighting market to grow at a CAGR of 10.71% between 2017 and 2023” According to the new market research report, the ambient lighting market is expected to grow from USD 46.48 billion in 2016 ...


Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.