Lighting Fixture Market
                     LIGHTING FIXTURE MARKET
GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND 
OPPORTUNITY ANALYSIS, 2018-2026
REPORT DESCRIPTION
Lighting Fixture Market  – Overview
The lighting fixture is an electronic device, which is attached to wall or ceiling to create an artificial light. 
The global lighting fixture market was valued at US$ 163.02 billion in 2017 from US$ 153.15 billion in 
2016. The market is projected to exhibit a CAGR of 7.8% during the forecast period (2017–2025), reaching 
US$ 297.26 million by 2025. The demand for reducing power consumption has become one of the major 
factors for growth of the lighting fixture market. The replacement of conventional light to modern LED has 
become the major driver for growth of lighting fixture manufacturers. The growing construction industry, 
rising population, and increasing disposable income worldwide, especially in emerging economies has 
boosted growth of the global lighting fixture market.
REPORT DESCRIPTION
Lighting Fixture Market   – Dynamics
The increasing smart city projects have become a key factor for the growth of the light fixture market. The 
smart city projects raised the demand for energy saving infrastructure, which boosts the market of lighting 
fixture. According to Indian general budget 2016 – 2017, the Government of India released a fund of US$ 
49.4 million (RS 3205 crore) for the development of 100 smart cities across the economy. Moreover, the 
rising demand for reducing power consumption plays a major role in the growth of the lighting fixture 
market. The replacement of conventional light to modern LED become has the major driver for the lighting 
fixture providers. In addition, rising population, increasing construction industry, and rising disposable 
income especially in emerging economies have raised the global lighting fixture market.
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REPORT DESCRIPTION
Lighting Fixture Market  – Key Players
• Acuity Brands Lighting, Inc.
• Acuity Brands, Inc.
• American Electric Lighting
• Bajaj Electricals Ltd.
• Cooper Lighting, LLC
• Hubbel Lighting, Inc.
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