Lamp Market By Electrical and Electronic Manufacturing Top Key Players: Osram, Philips, GE, Interlectric Corporation. Havells India Ltd, Amglo Kemlite Laboratories, Bajaj Group, Ajanta Manufacturing Pvt. Ltd, MaxLite, EiKO Limited,
Lamp Market in Electric discharge share is anticipated to display a significant growth rate in the coming years.
(EMAILWIRE.COM, August 03, 2018 ) Market Overview: -
Lamp market is set to cross USD 18 billion by 2024. Government initiatives to increase lighting facilities, especially in rural areas, have led to their increased production. Rural areas of emerging economies, such as India and few nations the in Middle East and Latin America, are witnessing a surging demand that will escalate the industry growth. Excessive use of this product in numerous application including hospitality, commercial, residential, roadways, and industrial will drive the global lamp market over the forecast timeframe. The use of halogen and high-intensity discharge light bulbs in the automobile sector will positively impact the lamp market growth. Halogen lamps and CFLs produce about 90% and 80% of their energy as heat respectively resulting in high energy consumption costs. Shifting preference of consumers toward LEDs owing to their less energy consumption costs as compared to traditional halogen and fluorescent bulbs will pose a major threat to the lamp market growth over the forecast timespan.
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Top Key Players: -
Lamp market competitors are Osram, Philips, GE, Interlectric Corporation. Havells India Ltd, Amglo Kemlite Laboratories, Bajaj Group, Ajanta Manufacturing Pvt. Ltd, MaxLite, EiKO Limited, Eye Lighting International, Federal Mogul Corporation, Panasonic Corporation, Stanley Electric Company and Toshiba Corporation.
Market share calculation in this report is not done based on companies covered in it. The calculation of lamp market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Regional Segmentation: -
Rising consumer preferences and the need for energy-efficient bulbs will provide growth opportunities in the U.S. lamp market. Phase out of incandescent lamps in the UK has led to increased demand for CFLs this will boost the industry over the forecast period. Retrofitting energy saving bulbs is a major trend witnessed in the region.
Government subsidies provided in countries, such as Mexico and Brazil, are expected to reduce the product prices in the coming years. Incandescent bulbs are commonly used in Mexico for lighting households owing to their long product life cycle and low cost. Presence of numerous industry players is attributed to the availability of raw materials at low costs that results in lower input costs and provides customers with better alternatives.
Make an inquiry for buying this report @ https://www.gminsights.com/inquiry-before-buying/1566
Partial Chapter of the Table of Content
Chapter 1 Methodology & Scope
1.1 Methodology
1.1.1 Initial data exploration
1.1.2 Statistical model and forecast
1.1.3 Industry insights and validation
1.1.4 Definition and forecast parameters
1.2 Data Sources
1.2.1 Secondary
1.2.2 Primary
Chapter 2 Executive Summary
2.1 Lamp industry 3600 synopsis, 2013 - 2024
2.1.1 Business trends
2.1.2 Product trends
2.1.3 Application trends
2.1.4 Regional trends
Browse key industry insights spread across 180 pages with 298 market data tables & 15 figures & charts from the report, Lamp Market in detail along with the table of contents:
https://bit.ly/2qYZnwD
Various regulations and standards are set across the globe to maintain the energy efficiency in lighting products. For instance, the Chinese government is providing subsidies for high-efficiency fluorescent bulbs. Moreover, the government is promoting the use of solid mercury instead of liquid mercury in bulbs due to its remarkable effects.
Similarly, according to Environmental Protection Agency (EPA ), fluorescent and other mercury lamps must be managed as hazardous wastes under Universal Waste rule unless the bulb passes the Toxicity Characteristic Leaching Potential (TCLP) test. Electric discharge lamps market is anticipated to exhibit a considerable market share over the forecast time span owing to the rising demand for CFLs over the past few years. Moreover, their features, such as reliability, efficiency, and long duration, will further escalate its growth.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Lamp market is set to cross USD 18 billion by 2024. Government initiatives to increase lighting facilities, especially in rural areas, have led to their increased production. Rural areas of emerging economies, such as India and few nations the in Middle East and Latin America, are witnessing a surging demand that will escalate the industry growth. Excessive use of this product in numerous application including hospitality, commercial, residential, roadways, and industrial will drive the global lamp market over the forecast timeframe. The use of halogen and high-intensity discharge light bulbs in the automobile sector will positively impact the lamp market growth. Halogen lamps and CFLs produce about 90% and 80% of their energy as heat respectively resulting in high energy consumption costs. Shifting preference of consumers toward LEDs owing to their less energy consumption costs as compared to traditional halogen and fluorescent bulbs will pose a major threat to the lamp market growth over the forecast timespan.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1566
Top Key Players: -
Lamp market competitors are Osram, Philips, GE, Interlectric Corporation. Havells India Ltd, Amglo Kemlite Laboratories, Bajaj Group, Ajanta Manufacturing Pvt. Ltd, MaxLite, EiKO Limited, Eye Lighting International, Federal Mogul Corporation, Panasonic Corporation, Stanley Electric Company and Toshiba Corporation.
Market share calculation in this report is not done based on companies covered in it. The calculation of lamp market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Regional Segmentation: -
Rising consumer preferences and the need for energy-efficient bulbs will provide growth opportunities in the U.S. lamp market. Phase out of incandescent lamps in the UK has led to increased demand for CFLs this will boost the industry over the forecast period. Retrofitting energy saving bulbs is a major trend witnessed in the region.
Government subsidies provided in countries, such as Mexico and Brazil, are expected to reduce the product prices in the coming years. Incandescent bulbs are commonly used in Mexico for lighting households owing to their long product life cycle and low cost. Presence of numerous industry players is attributed to the availability of raw materials at low costs that results in lower input costs and provides customers with better alternatives.
Make an inquiry for buying this report @ https://www.gminsights.com/inquiry-before-buying/1566
Partial Chapter of the Table of Content
Chapter 1 Methodology & Scope
1.1 Methodology
1.1.1 Initial data exploration
1.1.2 Statistical model and forecast
1.1.3 Industry insights and validation
1.1.4 Definition and forecast parameters
1.2 Data Sources
1.2.1 Secondary
1.2.2 Primary
Chapter 2 Executive Summary
2.1 Lamp industry 3600 synopsis, 2013 - 2024
2.1.1 Business trends
2.1.2 Product trends
2.1.3 Application trends
2.1.4 Regional trends
Browse key industry insights spread across 180 pages with 298 market data tables & 15 figures & charts from the report, Lamp Market in detail along with the table of contents:
https://bit.ly/2qYZnwD
Various regulations and standards are set across the globe to maintain the energy efficiency in lighting products. For instance, the Chinese government is providing subsidies for high-efficiency fluorescent bulbs. Moreover, the government is promoting the use of solid mercury instead of liquid mercury in bulbs due to its remarkable effects.
Similarly, according to Environmental Protection Agency (EPA ), fluorescent and other mercury lamps must be managed as hazardous wastes under Universal Waste rule unless the bulb passes the Toxicity Characteristic Leaching Potential (TCLP) test. Electric discharge lamps market is anticipated to exhibit a considerable market share over the forecast time span owing to the rising demand for CFLs over the past few years. Moreover, their features, such as reliability, efficiency, and long duration, will further escalate its growth.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Information:
Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
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Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results