China Lighting Fixture Market Size & Outlook, 2019-2027
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China lighting fixture market highlights
- The China lighting fixture market generated a revenue of USD 18,870.1 million in 2019 and is expected to reach USD 26,227.3 million by 2027.
- The China market is expected to grow at a CAGR of 4.2% from 2020 to 2027.
- In terms of segment, fluorescent was the largest revenue generating source in 2019.
- LED & OLED is the most lucrative source segment registering the fastest growth during the forecast period.
Lighting fixture market data book summary
| Market revenue in 2019 | USD 18,870.1 million |
| Market revenue in 2027 | USD 26,227.3 million |
| Growth rate | 4.2% (CAGR from 2019 to 2027) |
| Largest segment | Fluorescent |
| Fastest growing segment | LED & OLED |
| Historical data | 2016 - 2018 |
| Base year | 2019 |
| Forecast period | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Incandescent, Fluorescent, LED & OLED |
| Key market players worldwide | Koninklijke Philips NV, Wolfspeed Inc, Portland General Electric Co, Acuity Brands Inc, Panasonic Holdings Corp, OSRAM Licht AG, Nichia Corporation, Hubbell Lighting, Eaton Corp PLC, Everlight Electronics |
Other key industry trends
- In terms of revenue, China accounted for 19.0% of the global lighting fixture market in 2019.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Asia Pacific, China lighting fixture market is projected to lead the regional market in terms of revenue in 2027.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 11,759.7 million by 2027.
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Lighting Fixture Market Scope
Lighting Fixture Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Everlight Electronics | View profile | 1001-5000 | Taipei, T'ai-pei, Taiwan, Asia | http://www.everlight.com/ |
| Eaton Corp PLC | View profile | 94000 | 30 Pembroke Road, Eaton House, Dublin, Ireland, D04 Y0C2 | https://www.eaton.com |
| Hubbell Lighting | View profile | 10001+ | Greenville, South Carolina, United States, North America | http://www.hubbelllighting.com |
| OSRAM Licht AG | View profile | 20378 | Tobelbader Strasse 30, Premstaetten, Graz, Austria, 8141 | https://www.ams-osram.com |
| Wolfspeed Inc | View profile | 4802 | 4600 Silicon Drive, Durham, NC, United States, 27703 | https://www.wolfspeed.com |
| Nichia Corporation | View profile | 5001-10000 | Tokushima, Tokushima, Japan, Asia | http://www.nichia.co.jp/ |
| Portland General Electric Co | View profile | 2842 | 121 South West Salmon Street, Portland, OR, United States, 97204 | https://www.portlandgeneral.com |
| Acuity Brands Inc | View profile | 12200 | 1170 Peachtree Street, N.E., Suite 2300, Atlanta, GA, United States, 30309 | https://www.acuitybrands.com |
| Panasonic Holdings Corp | View profile | 230025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | https://holdings.panasonic |
| Koninklijke Philips NV | View profile | 73712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | https://www.philips.com |
China lighting fixture market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to lighting fixture market will help companies and investors design strategic landscapes.
Fluorescent was the largest segment with a revenue share of 50.39% in 2019. Horizon Databook has segmented the China lighting fixture market based on incandescent, fluorescent, led & oled covering the revenue growth of each sub-segment from 2016 to 2027.
- China Lighting Fixture Source Outlook (Revenue, USD Million, 2016-2027)
- Incandescent
- Fluorescent
- LED & OLED
- China Lighting Fixture Product Outlook (Revenue, USD Million, 2016-2027)
- Ceiling
- Pendant & Chandeliers
- Wall Mounted
- Portable
- Others
- China Lighting Fixture Distribution Channel Outlook (Revenue, USD Million, 2016-2027)
- Offline
- Online
- China Lighting Fixture Application Outlook (Revenue, USD Million, 2016-2027)
- Residential
- Commercial
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Target buyers of China lighting fixture market databook
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Our clientele includes a mix of lighting fixture market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China lighting fixture market , including forecasts for subscribers. This country databook contains high-level insights into China lighting fixture market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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China lighting fixture market outlook size, by source, 2016-2027 (US$M)
China Lighting Fixture Market Outlook Share, 2019 & 2027 (US$M)
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