China Specialty Lighting Market Size & Outlook, 2020-2027
China specialty lighting market, 2018-2027 (US$M)
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China specialty lighting market highlights
- The China specialty lighting market generated a revenue of USD 451.2 million in 2020 and is expected to reach USD 743.2 million by 2027.
- The China market is expected to grow at a CAGR of 7.4% from 2021 to 2027.
- In terms of segment, led was the largest revenue generating light type in 2020.
- LED is the most lucrative light type segment registering the fastest growth during the forecast period.
Specialty lighting market data book summary
| Market revenue in 2020 | USD 451.2 million |
| Market revenue in 2027 | USD 743.2 million |
| Growth rate | 7.4% (CAGR from 2020 to 2027) |
| Largest segment | Led |
| Fastest growing segment | LED |
| Historical data | 2018 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | LED |
| Key market players worldwide | Cree LED, Getinge AB ADR, Integra LifeSciences, OSRAM Licht AG, Signify NV, Steris PLC, Ushio Inc, Advanced Specialty Lighting, Brandon Medical, Waldmann Lighting |
Other key industry trends
- In terms of revenue, China accounted for 8.1% of the global specialty lighting market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Asia Pacific, China specialty lighting market is projected to lead the regional market in terms of revenue in 2027.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 379.9 million by 2027.
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Specialty Lighting Market Scope
Specialty Lighting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China specialty lighting 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 specialty lighting market will help companies and investors design strategic landscapes.
Led was the largest segment with a revenue share of 65.49% in 2020. Horizon Databook has segmented the China specialty lighting market based on led covering the revenue growth of each sub-segment from 2018 to 2027.
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Target buyers of China specialty lighting market databook
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Our clientele includes a mix of specialty lighting market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China specialty lighting market, including forecasts for subscribers. This country databook contains high-level insights into China specialty lighting market from 2018 to 2027, including revenue numbers, major trends, and company profiles.
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China specialty lighting market size, by light type, 2018-2027 (US$M)
China Specialty Lighting Market Share, 2020 & 2027 (US$M)
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