Mexico Specialty Lighting Market Size & Outlook, 2020-2027

The specialty lighting market in Mexico is expected to reach a projected revenue of US$ 266.5 million by 2027. A compound annual growth rate of 7.6% is expected of Mexico specialty lighting market from 2021 to 2027.
Revenue, 2020 (US$M)
$160.1
Forecast, 2027 (US$M)
$266.5
CAGR, 2021 - 2027
7.6%
Report Coverage
Mexico

Mexico specialty lighting market highlights

  • The Mexico specialty lighting market generated a revenue of USD 160.1 million in 2020 and is expected to reach USD 266.5 million by 2027.
  • The Mexico market is expected to grow at a CAGR of 7.6% 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 2020USD 160.1 million
Market revenue in 2027USD 266.5 million
Growth rate7.6% (CAGR from 2020 to 2027)
Largest segmentLed
Fastest growing segmentLED
Historical data2018 - 2019
Base year2020
Forecast period2021 - 2027
Quantitative unitsRevenue in USD million
Market segmentationLED
Key market players worldwideCree 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, Mexico accounted for 2.9% 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 Latin America, Brazil specialty lighting market is projected to lead the regional market in terms of revenue in 2027.
  • Mexico is the fastest growing regional market in Latin America and is projected to reach USD 266.5 million by 2027.

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Specialty Lighting Market Companies

Name Profile # Employees HQ Website

Mexico 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 65.21% in 2020. Horizon Databook has segmented the Mexico 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 Mexico specialty lighting market databook

  • Our clientele includes a mix of specialty lighting market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico specialty lighting market, including forecasts for subscribers. This country databook contains high-level insights into Mexico specialty lighting market from 2018 to 2027, including revenue numbers, major trends, and company profiles.

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Mexico specialty lighting market size, by light type, 2018-2027 (US$M)

Mexico Specialty Lighting Market Share, 2020 & 2027 (US$M)

Mexico specialty lighting market size, by light type, 2018-2027 (US$M)

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