DUBLIN--(BUSINESS WIRE)--The "Global
Decorative Lighting Market 2018-2022" report has been added to ResearchAndMarkets.com's
offering.
The analysts forecast the global decorative
lighting market to grow at a CAGR of 7.01% during the period 2018-2022.
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.
One
trend in the market is increasing use of smart lighting systems. The use
of smart lighting systems is increasing in residential places as they
offer control over lighting products. Smart lighting systems also
integrate the concept of the Internet of Things (IoT), as it helps the
customers control the lighting products through the apps installed on
their mobile devices.
One driver in the market is growing
demand for energy-efficient decorative lighting products. globally,
customers seek lighting products that utilize less energy, are
long-lasting, and incur low electricity bills. Therefore, growing
awareness of energy-efficient lighting products through government
initiatives and distinct activities encourage the importance of energy
conservation.
The report states that one challenge in the
market is perceived value gap of customers. The global decorative
lighting market is highly fragmented, with the presence of many
international and regional brands offering lights for residential use.
Customers demand superior-quality, innovative, and unique-designed
lights because they offer a high aesthetic appeal.
Companies
Mentioned
- Acuity Brands
- Generation Brands
- General Electric Company
- Maxim Lighting
- Signify Holding
Key Topics Covered:
1: Executive Summary
2:
Scope Of The Report
3: Research Methodology
4:
Market Landscape
5: Market Sizing
6: Five Forces
Analysis
7: Market Segmentation By Product Application
8:
Customer Landscape
9: Market Segmentation By Distribution
Channel
10: Regional Landscape
11: Decision
Framework
12: Drivers And Challenges
13: Market
Trends
14: Vendor Landscape
15: Vendor Analysis
16:
Appendix
For more information about this report visit https://www.researchandmarkets.com/research/k2smdk/global_decorative?w=4
