Lamp Market share research by applications and regions from 2017 to 2024

1
Global Lamp Market to expand 18bn by 2024
Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Key Insights from Lamp Market

• Lamp Market is expected to chart a profitable
  growth map over the coming years, owing to the
  extensive product usage across the residential,
  household, healthcare, commercial, hospitality,
  automotive, retail, and industrial sectors. This
  product is heavily deployed in public spaces
  highways subject to its beneficial features such
  as low replacement costs and less power
  consumption. Favorable government policies for
  improving the lighting amenities across remote
  regions will lucratively impact global lamp
  industry trends. As per Global Market Insights,
  Inc., Lamp market size is estimated to cross a
  revenue of USD 18 billion by 2024.
• Lamp industry encompasses a wide spectrum of
  applications that can be categorized into indoor
  and outdoor sectors. Lamps are extensively
  deployed across commercial spaces such as offices
  and hospitals as well as residential spaces such
  as high rise buildings, which will spur the
  growth of lamp industry in the indoor sector over
  the years ahead.

3
Continued...

• Over the last few years, there has been a rise in
  the consumer standard of living and awareness
  regarding energy saving, which has led to an
  increase in the usage of energy conserving
  products such as halogens and fluorescent bulbs.
  This fact is expected to favorably impact lamp
  market size, which was valued at USD 40 billion
  in 2016.
• Taking into consideration the geographical
  landscape, Asia Pacific lamp industry size is
  anticipated to witness an upswing over the coming
  seven years, subject to the high spending on the
  construction activities. In addition, the
  requirement of these energy-effective lighting
  systems for performing surgeries will impel APAC
  market from the healthcare sector. The
  large-scale presence of key manufacturers across
  the region will also contribute significantly
  towards the revenue.
• The U.S. will witness a tremendous growth rate in
  lamp market subject to the rising consumer demand
  for power-saving lamps. The popularity of these
  lamps across residential and commercial arenas is
  predicted to create lucrative growth avenues for
  U.S. industry.

4
China Lamp Market Share, By Product, 2016

5

Browse Full Market Research Report On Lamp
Market _at_ http//bit.ly/2qYZnwD Request for a
Sample of this Research Report _at_
https//www.gminsights.com/request-sample/detail/1
566
6
Continued...

• The surging popularity of compact fluorescent
  lamps is anticipated to soar UK lamp market
  expansion in the near future. Tax benefits
  offered by the governments of Mexico and Brazil
  to reduce the product prices will propel Latin
  America lamp market revenue over the coming
  timeframe.
• Ample availability of raw materials in the region
  will contribute notably towards the business
  expansion.
• Electrical discharge and filament are major lamp
  products. Electrical discharge lamp industry is
  projected to exhibit a substantial development
  over the next few years, subject to the huge
  demand for compact fluorescent lamps subject to
  the beneficial product features such as elongated
  service lifespan, minimal energy wastage,
  superior quality of light, appropriate
  brightness, and low glare.

7
Continued...

• Filament lamp market is projected to experience a
  moderate growth over the coming years, with
  halogen lamps offering high light quality,
  enhanced light output, and improved power
  efficiency. Furthermore, the large-scale use of
  the halogen lamps in under-cabinet lighting and
  work lights will further boost the revenue.
• Leading corporations have been trying to improve
  their business position and secure a competitive
  edge over their rivals by implementing key
  business strategies such as alliances, joint
  ventures, and mergers acquisitions. Amglo
  Kemlite Laboratories, Toshiba Corporation,
  Stanley Electric Company Limited, Eye Lighting
  International, Koninklijke Philips N.V., Federal
  Mogul Corporation, EiKO Limited, OSRAM Licht AG,
  MaxLite, Interlectric Corporation, Panasonic
  Corporation, and GE Corporation are the major
  participants of lamp industry.

8
Stay In Touch Website www.gminsights.com Soci
al Media