Global Decorative Lighting Market 2021-2025 The analyst has been monitoring the decorative lighting market and it is poised to grow by $ 6. 91 billion during 2021-2025, progressing at a CAGR of over 4% during the forecast period.
New York, June 28, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Decorative Lighting Market 2021-2025" - https://www.reportlinker.com/p04941104/?utm_source=GNW
Our report on the decorative lighting market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing demand for energy-efficient decorative lighting products and evolving lighting product design concepts leading to premiumization. In addition, the growing demand for energy-efficient decorative lighting products is anticipated to boost the growth of the market as well.
The decorative lighting market analysis includes the product and distribution channel segments and geographic landscape.
The decorative lighting market is segmented as below:
By Distribution Channel
By Geographical Landscape
• North America
• South America
This study identifies the development of smart citiesas one of the prime reasons driving the decorative lighting market growth during the next few years.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on decorative lighting market covers the following areas:
• Decorative lighting market sizing
• Decorative lighting market forecast
• Decorative lighting market industry analysis
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading decorative lighting market vendors that include AB Fagerhult, Acuity Brands Inc., Bridgelux Inc., General Electric Co., Generation Lighting, Honeywell International Inc., IDEAL INDUSTRIES INC., Maxim Lighting International, OSRAM GmbH, and Signify NV. Also, the decorative lighting market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report: https://www.reportlinker.com/p04941104/?utm_source=GNW
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