Professional Luminaires Market

Luminaires based on LED and conventional light sources include CFL, fluorescent lamps, halogen, HID, and incandescent. LED-based luminaires will account for the largest market share because of their energy efficiency and low operational costs. An LED light bulb on an average consumes 30%-50% less power than a conventional light bulb. In addition, LED bulbs are eco-friendly as they do not contain mercury. The global professional luminaires market is expected to grow at a CAGR of 3.85% during the forecast period, with the majority of demand coming from the residential and commercial segments. In 2015, APAC accounted for 48.49% of the global professional luminaires market.

The analysts forecast global professional luminaires market to grow at a CAGR of 3.85% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global professional luminaires market for 2016-2020. The annual installations of new as well as replacement professional luminaires at market price in various end-user segments have been considered in determining the market size.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

The report, Global Professional Luminaires Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors

• Acuity Brands Inc.
• GE Lighting
• OSRAM Gmbh
• Panasonic Corp.
• Koninklijke Philips N.V.

Market driver

• Increase in urbanization
• For a full, detailed list, view our report

Market challenge

• Long payback period
• For a full, detailed list, view our report

Market trend

• Growing demand for architectural lighting fixtures
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Table of Contents

PART 01: Executive summary

Highlights

PART 02: Scope of the report

Market overview

Top-vendor offerings

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

PART 05: Market landscape

Lighting industry overview

LED lighting

Market size and forecast

Five forces analysis

PART 06: Market segmentation by technology

Global professional luminaires market by technology

Conventional light source luminaires market 2015-2020

LED light source luminaires market 2015-2020

PART 07: Market segmentation by end-user

Global professional luminaires market by end-user

Commercial

Outdoor

Industrial

Architecture

PART 08: Geographical segmentation

Global professional luminaires market by geography

APAC

EMEA

Americas

PART 09: Key emerging markets

Brazil

China

India

Russia

PART 10: Market drivers

Increase in urbanization

Introduction of energy-efficient lighting technologies

Strong government support

Major events and infrastructure projects

PART 11: Impact of drivers

PART 12: Market challenges

Long payback period

Absence of global LED standardization

Higher import duties

Global economic slowdown

PART 13: Impact of drivers and challenges

PART 14: Market trends

Growing demand for architectural lighting fixtures

Declining manufacturing cost of LEDs

Emergence of smart cities

Cloud-based smart lighting

PART 15: Vendor landscape

Competitive scenario

PART 16: Key vendor analysis

Acuity Brands

GE Lighting

OSRAM

Panasonic

Philips

PART 17: Appendix

List of abbreviations

List of Exhibits

Exhibit 01: Basic components of luminaires

Exhibit 02: Key segments of global lighting market

Exhibit 03: Key countries in each region

Exhibit 04: Product offerings

Exhibit 05: Luminaire products by form

Exhibit 06: General lighting industry

Exhibit 07: Evolution of lighting industry

Exhibit 08: Components of LED bulb

Exhibit 09: Components of LED lighting

Exhibit 10: Light output

Exhibit 11: Efficiency and cost various light sources

Exhibit 12: LED luminaire value chain

Exhibit 13: Global professional luminaires market

Exhibit 14: Global professional luminaires market 2015-2020 ($ billions)

Exhibit 15: Five forces analysis

Exhibit 16: Global professional luminaires market by technology

Exhibit 17: Market share of major professional luminaire technologies during forecast period

Exhibit 18: Global professional luminaires market by light source technologies in terms of revenue generation 2015-2020 (in billions)

Exhibit 19: Conventional light source luminaires technology 2015-2020 ($ billions)

Exhibit 20: Timeline for ban on incandescent light source worldwide 2009-2016

Exhibit 21: LED light source luminaires technology 2015-2020 ($ billions)

Exhibit 22: Cost breakdown of traditional and LED lighting

Exhibit 23: Comparison between LED luminaires, CFL luminaires, and halogen luminaires

Exhibit 24: Cost of LED, CFL, and halogen-based luminaires on the basis of operating hours in 2015 ($)

Exhibit 25: Global professional luminaires market by end-user 2015-2020

Exhibit 26: Global professional luminaires market by application in terms of revenue generation 2015-2020 ($ billions)

Exhibit 27: Global commercial professional luminaires market 2015-2020 ($ billions)

Exhibit 28: Number of proposed smart cities in India by states

Exhibit 29: Global outdoor professional luminaires market 2015-2020 ($ billions)

Exhibit 30: Global industrial professional luminaires market 2015-2020 ($ billions)

Exhibit 31: Global architecture luminaires market 2015-2020 ($ billions)

Exhibit 32: Global professional luminaires market by geography 2015-2020

Exhibit 33: Professional luminaires market in APAC 2015-2020 ($ billions)

Exhibit 34: Professional luminaires market in APAC 2015-2020 ($ billions)

Exhibit 35: GDP of leading countries in Europe 2012-2015

Exhibit 36: Professional luminaires market in Americas 2015-2020 ($ billions)

Exhibit 37: Degree of urbanization by continent 2015

Exhibit 38: Japan's 21st Century Lighting Plan

Exhibit 39: Impact of drivers

Exhibit 40: Comparison of BRIC nation import duties

Exhibit 41: Impact of drivers and challenges

Exhibit 42: Manufacturing cost of LED 2012-2020 ($/Klm)

Exhibit 43: ASPs of lighting technologies 2012-2016 ($)

Exhibit 44: First 20 smart cities under India's Smart Cities Mission

Exhibit 45: Geographical presence of key vendors

Exhibit 46: Vendor portfolio analysis

Exhibit 47: Key vendor ratings based on various parameters

Exhibit 48: Philips: Indoor product portfolio

Exhibit 49: Philips: Outdoor product portfolio