Decorative Lighting Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2023-2027

Published: Dec 2022 Pages: 159 SKU: IRTNTR44900

The Decorative Lighting Market size is estimated to grow at a CAGR of 5.34% between 2022 and 2027. The size of the market is forecast to increase by USD 9.99 billion. Evolving lighting product design concepts leading to premiumization, growing demand for energy-efficient decorative lighting products, and the development of smart cities are the prominent factors driving the market growth.

This report extensively covers market segmentation by distribution channel (offline and online), product (ceiling, wall mounted, and others), and geography (APAC, Europe, North America, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. 

What will be the Size of the Decorative Lighting Market During the Forecast Period?

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Technavio’s Exclusive Decorative Lighting Market Customer Landscape

Our analysis of the adoption life cycle of the market indicates its movement between the innovator’s stage and the laggard’s stage. The report illustrates the lifecycle of the market, focusing on the adoption rates of the major countries. Technavio has included key purchase criteria, adoption rates, adoption lifecycles, and drivers of price sensitivity to help companies evaluate and develop growth strategies from 2022 to 2027. 

Global Decorative Lighting Market Customer Landscape

Key Drivers, Trends, and Challenges

Our researchers studied the data for years, with 2022 as the base year and 2023 as the estimated year, and presented the key drivers, trends, and challenges for the market. Although there has been a disruption in the growth of the market during the COVID-19 pandemic, a holistic analysis of drivers, trends, and challenges will help companies refine marketing strategies to gain a competitive advantage.    

Key Decorative Lighting Market Driver

Evolving lighting product design concepts leading to premiumization is a major factor driving market growth. Decorative lighting products with distinct designs and various prices are widely available. Growing demand for luxury decorative lighting products among premium customers has encouraged manufacturers to come up with new and unique designs in this category. 

Interior designers introduce innovative and attractive design concepts such as traditional, modern, contemporary, and transitional. Decorative lighting products, such as luxury chandeliers designed by interior designers, are available at premium prices. These chandeliers enjoy huge demand among high-net-worth residential users. Several luxurious decorative lighting products are manufactured in Italy, the UK, Spain, Germany, and the US. Thus, the premiumization of decorative lighting products through distinctive design concepts has led to increased adoption by premium customers contributing to market growth.

Significant Decorative Lighting Market Trends

Increasing the use of smart lighting systems is a major trend in the decorative lighting market. 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. The vendors are focusing on such concepts to attract more tech-savvy customers who want to keep themselves updated with emerging modern technologies. 

Smart lighting systems are used in decorative lighting products such as chandeliers, lamps, string or tape lights, and pendants in which smart LEDs are used. For instance, Signify (formerly known as Philips Lighting) came up with Philips Hue, a smart lighting system that uses wireless technology for smart connectivity. Under this category, smart light bulbs, lamps, light strips, starter kits, switches, and sensors are offered to customers in the market. In addition, Philips Hue's smart lighting system can be controlled through voice-control platforms such as Amazon Alexa, Siri (by Apple), Google Assistant, and Cortana (by Microsoft).

Major Decorative Lighting Market  Challenge

The perceived value gap of customers is a major factor hindering the market growth. 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.

As it is not a brand-driven market, the knowledge of established brands is low in the market. However, retailers offer diverse designs, which makes this a more design-driven market. The only driving factor that attracts customers is the innovative designs of lighting products. This creates a challenge for brands and influences them to lower the prices of their products, hindering market growth during the forecast period.

Who are the Major Decorative Lighting Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Hubbell Inc.- The company offers a full line of decorative, affordable luminaires for a variety of residential and light commercial projects.

Honeywell International Inc.- The company offers various types of indoor ceiling decorative LED lighting solutions.

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market vendors, including:

  • AB Fagerhult
  • Acuity Brands Inc.
  • Amerlux LLC
  • Bridgelux Inc.
  • Capital Lighting Fixture Co.
  • Crenshaw Lighting
  • Feit Electric Co. Inc.
  • GE CURRENT A DAINTREE COMPANY
  • Generation Lighting
  • Hudson Valley Lighting Inc.
  • IDEAL INDUSTRIES Inc.
  • Lowes Co. Inc
  • Maxim Lighting International
  • OSRAM GmbH
  • Shimera Project Lighting Pvt. Ltd.
  • Signify NV
  • The Jaquar Group
  • Voylite

Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies vendors into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Vendors are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Decorative Lighting Market Segmentation by Distribution Channel, Product, Geography

Distribution Channel Analysis

The market share growth by the offline segment will be significant during the forecast period. Products sold through physical stores are considered offline sales. Physical stores allow buyers to check the products before making a purchase. Also, the large product portfolio and support and information on products offered at offline stores help increase sales through this medium.

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The offline segment was valued at USD 26.95 billion in 2017 and continued to grow until 2021Decorative lights are largely sold through the offline distribution channel. These include retail formats, such as specialty lighting and electrical stores, furniture stores and antique stores, department stores, do-it-yourself (DIY)/home improvement stores and hardware stores, hypermarkets and supermarkets, warehouse clubs and wholesalers, contractors, distributors, and direct sales from vendors. Customers opt for retail lighting stores, especially specialty stores, due to the insights and personal assistance that the salesforce provides. This helps them understand innovative features, the latest designs, patterns, and technology integrated into the products. These factors will drive the growth of the segment during the forecast period.

Product Analysis

The ceiling segment includes various types of fixtures mounted or hung from the ceiling, such as chandeliers, pendant lights, semi-flush and flush-mounted lights, pool table lights, buffet lamps, kitchen island lights, and outdoor ceiling lights. Chandeliers are versatile ceiling lights found in different sizes, designs, and brands, commonly used in dining and living rooms. They feature multiple arms holding electric bulbs and are popular in residential and commercial spaces. Pendant lights, on the other hand, direct light downwards and come in attractive designs. Flush mount lights seamlessly attach to the ceiling, while semi-flush mount lights have supporting parts creating a small gap. Additionally, kitchen island lights, pool table lights, buffet lamps, and outdoor ceiling lights offer contemporary, transitional, and modern designs. These products contribute to the segment's growth.

Regional Analysis

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APAC is estimated to contribute 49% to the growth by 2027. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period.  

APAC is one of the emerging markets in the global decorative lighting market. Moreover, rising disposable income, growing urbanization, growth in living standards of households, increase in online shopping trends, and growing hospitality sector are some of the influencing factors for the growth of the decorative lighting market in China, Japan, and India.

Several manufacturers of decorative lights in this region are from China and Japan. The decorative lighting market in APAC is highly fragmented and competitive due to the presence of many domestic brands that offer a wide variety of products. Japan and China are also known for offering LED lighting products. This is because the competitors in these countries are currently focusing more on energy-efficient lighting products which will not hamper the environment.

Covid Recovery Analysis:

In 2020, the outbreak of COVID-19 led to the temporary closure of manufacturing units of decorative lighting products as well as the temporary halt in their offline retail sales in the region. However, in 2021, the initiation of large-scale COVID-19 vaccination drives led to the lifting of lockdown restrictions and the resumption of activities in offline retail channels. This led to a recovery in the demand for decorative lighting products from offline channels.  Such factors are expected to drive the growth of the regional market during the forecast period.

Segment Overview

The decorative lighting market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Distribution Channel Outlook (USD Million, 2017 - 2027)
    • Offline
    • Online
  • Product Outlook (USD Million, 2017 - 2027)
    • Ceiling
    • Wall mounted
    • Others
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Brazil
      • Argentina

Decorative Lighting Market Scope

Report Coverage

Details

Page number

159

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.34%

Market growth 2023-2027

USD 9.99 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

4.13

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 49%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

AB Fagerhult, Acuity Brands Inc., Amerlux LLC, Bridgelux Inc., Capital Lighting Fixture Co., Crenshaw Lighting, Feit Electric Co. Inc., GE CURRENT A DAINTREE COMPANY, Generation Lighting, Honeywell International Inc., Hubbell Inc., Hudson Valley Lighting Inc., IDEAL INDUSTRIES Inc., Lowes Co. Inc, Maxim Lighting International, OSRAM GmbH, Shimera Project Lighting Pvt. Ltd., Signify NV, The Jaquar Group, and Voylite

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Decorative Lighting Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the decorative lighting market between 2023 and 2027
  • Precise estimation of the size of the decorative lighting market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across APAC, Europe, North America, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of decorative lighting market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global decorative lighting market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global decorative lighting market 2017 - 2021 ($ million)
    • 4.2 Distribution channel Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Distribution channel Segment 2017 - 2021 ($ million)
    • 4.3 Product Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Distribution Channel

    • 6.1 Market segments
      • Exhibit 30: Chart on Distribution Channel - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Distribution Channel - Market share 2022-2027 (%)
    • 6.2 Comparison by Distribution Channel
      • Exhibit 32: Chart on Comparison by Distribution Channel
      • Exhibit 33: Data Table on Comparison by Distribution Channel
    • 6.3 Offline - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Offline - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Offline - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Offline - Year-over-year growth 2022-2027 (%)
    • 6.4 Online - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Online - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Online - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Online - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Online - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Distribution Channel
      • Exhibit 42: Market opportunity by Distribution Channel ($ million)

    7 Market Segmentation by Product

    • 7.1 Market segments
      • Exhibit 43: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 44: Data Table on Product - Market share 2022-2027 (%)
    • 7.2 Comparison by Product
      • Exhibit 45: Chart on Comparison by Product
      • Exhibit 46: Data Table on Comparison by Product
    • 7.3 Ceiling - Market size and forecast 2022-2027
      • Exhibit 47: Chart on Ceiling - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Data Table on Ceiling - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Chart on Ceiling - Year-over-year growth 2022-2027 (%)
      • Exhibit 50: Data Table on Ceiling - Year-over-year growth 2022-2027 (%)
    • 7.4 Wall mounted - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Wall mounted - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Data Table on Wall mounted - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Chart on Wall mounted - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Wall mounted - Year-over-year growth 2022-2027 (%)
    • 7.5 Others - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by Product
      • Exhibit 59: Market opportunity by Product ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 61: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 63: Chart on Geographic comparison
      • Exhibit 64: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 65: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 67: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 68: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 85: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 93: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 Japan - Market size and forecast 2022-2027
      • Exhibit 97: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.12 UK - Market size and forecast 2022-2027
      • Exhibit 101: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 102: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 103: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 105: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 106: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 108: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 109: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 110: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 111: Matrix on vendor position and classification
            • 12.3 AB Fagerhult
              • Exhibit 112: AB Fagerhult - Overview
              • Exhibit 113: AB Fagerhult - Product / Service
              • Exhibit 114: AB Fagerhult - Key offerings
            • 12.4 Acuity Brands Inc.
              • Exhibit 115: Acuity Brands Inc. - Overview
              • Exhibit 116: Acuity Brands Inc. - Business segments
              • Exhibit 117: Acuity Brands Inc. - Key news
              • Exhibit 118: Acuity Brands Inc. - Key offerings
              • Exhibit 119: Acuity Brands Inc. - Segment focus
            • 12.5 Amerlux LLC
              • Exhibit 120: Amerlux LLC - Overview
              • Exhibit 121: Amerlux LLC - Product / Service
              • Exhibit 122: Amerlux LLC - Key offerings
            • 12.6 Bridgelux Inc.
              • Exhibit 123: Bridgelux Inc. - Overview
              • Exhibit 124: Bridgelux Inc. - Product / Service
              • Exhibit 125: Bridgelux Inc. - Key offerings
            • 12.7 Capital Lighting Fixture Co.
              • Exhibit 126: Capital Lighting Fixture Co. - Overview
              • Exhibit 127: Capital Lighting Fixture Co. - Product / Service
              • Exhibit 128: Capital Lighting Fixture Co. - Key offerings
            • 12.8 Crenshaw Lighting
              • Exhibit 129: Crenshaw Lighting - Overview
              • Exhibit 130: Crenshaw Lighting - Product / Service
              • Exhibit 131: Crenshaw Lighting - Key offerings
            • 12.9 GE CURRENT A DAINTREE COMPANY
              • Exhibit 132: GE CURRENT A DAINTREE COMPANY - Overview
              • Exhibit 133: GE CURRENT A DAINTREE COMPANY - Product / Service
              • Exhibit 134: GE CURRENT A DAINTREE COMPANY - Key offerings
            • 12.10 Generation Lighting
              • Exhibit 135: Generation Lighting - Overview
              • Exhibit 136: Generation Lighting - Product / Service
              • Exhibit 137: Generation Lighting - Key offerings
            • 12.11 Honeywell International Inc.
              • Exhibit 138: Honeywell International Inc. - Overview
              • Exhibit 139: Honeywell International Inc. - Business segments
              • Exhibit 140: Honeywell International Inc. - Key news
              • Exhibit 141: Honeywell International Inc. - Key offerings
              • Exhibit 142: Honeywell International Inc. - Segment focus
            • 12.12 Hubbell Inc.
              • Exhibit 143: Hubbell Inc. - Overview
              • Exhibit 144: Hubbell Inc. - Business segments
              • Exhibit 145: Hubbell Inc. - Key offerings
              • Exhibit 146: Hubbell Inc. - Segment focus
            • 12.13 Hudson Valley Lighting Inc.
              • Exhibit 147: Hudson Valley Lighting Inc. - Overview
              • Exhibit 148: Hudson Valley Lighting Inc. - Product / Service
              • Exhibit 149: Hudson Valley Lighting Inc. - Key offerings
            • 12.14 IDEAL INDUSTRIES Inc.
              • Exhibit 150: IDEAL INDUSTRIES Inc. - Overview
              • Exhibit 151: IDEAL INDUSTRIES Inc. - Product / Service
              • Exhibit 152: IDEAL INDUSTRIES Inc. - Key offerings
            • 12.15 Maxim Lighting International
              • Exhibit 153: Maxim Lighting International - Overview
              • Exhibit 154: Maxim Lighting International - Product / Service
              • Exhibit 155: Maxim Lighting International - Key offerings
            • 12.16 OSRAM GmbH
              • Exhibit 156: OSRAM GmbH - Overview
              • Exhibit 157: OSRAM GmbH - Business segments
              • Exhibit 158: OSRAM GmbH - Key offerings
              • Exhibit 159: OSRAM GmbH - Segment focus
            • 12.17 Signify NV
              • Exhibit 160: Signify NV - Overview
              • Exhibit 161: Signify NV - Business segments
              • Exhibit 162: Signify NV - Key news
              • Exhibit 163: Signify NV - Key offerings
              • Exhibit 164: Signify NV - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 165: Inclusions checklist
                • Exhibit 166: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 167: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 168: Research methodology
                • Exhibit 169: Validation techniques employed for market sizing
                • Exhibit 170: Information sources
              • 13.5 List of abbreviations
                • Exhibit 171: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              decorative lighting market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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