The global High End
Lighting Fixture market is on the verge of accumulating steady revenue over the forecast period, according to the latest report on Wise Guy Research (WGR).
Create warm, cozy spaces with these chic
lighting fixtures, that could surely brighten the mood in this season of merrymaking.
Demand for
lighting fixtures in the US will increase 7.7 percent annually to reach $32.5 billion in 2018.
pr@freedoniagroup.com US
LIGHTING FIXTURE DEMAND (million dollars) % Annual Growth Item 2006 2011 2016 2006- 2011 2011 2016
Lighting Fixture Demand 19810 17620 25300 -2.3 7.5 Construction 12605 9980 15000 -4.6 8.5 Vehicles & Machinery 4260 4700 6740 2.0 7.5 Consumer & Commercial 2945 2940 3560 0.0 3.9
According to critics, smaller lifespan is the greatest shortfall of these
lighting fixtures and they need to be replaced quite often.
New York, NY, November 28, 2015 --(PR.com)--
Lighting fixtures market has gained momentum in recent years as construction activity and motor vehicle production activity have been increasing globally.
Construction applications dominate overall
lighting fixture demand, accounting for just over 60 percent in 2005.
From year to year, the United States saw a phenomenal 23.6 percent increase in
lighting fixture imports from China in 2002.
According to a recent study by The Freedonia Group, the demand for
lighting fixtures in the U.S.
Construction-related applications are the principal end use for
lighting fixtures, accounting for two-thirds of total
lighting fixture sales in 2001.
'India
Lighting Fixture Market Forecast & Opportunities, 2018' has evaluated the future growth potential of India's
lighting fixture market and provides statistics and information on market structure, statistics and trends.