Electric lighting equipment market company integrates the Internet of Things for more control and convenience-EIN Presswire

2021-11-25 10:54:30 By : Mr. Craig Yan

2021 Electric Lighting Equipment Global Market Report-COVID-19 Impact and Recovery

Business Research Company's 2021 Electric Lighting Equipment Global Market Report-COVID-19 Impact and Recovery

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The Asia-Pacific region is the largest region in the global electrical lighting equipment market, accounting for 31% of the market in 2020. Western Europe is the second largest region, accounting for 25% of the global electrical lighting equipment market. Africa is the smallest region in the global electrical lighting equipment market.

The global electrical lighting equipment market is expected to grow from USD 125.3 billion in 2020 to USD 129.47 billion in 2021, with a compound annual growth rate (CAGR) of 3.3%. The growth was mainly due to the company rescheduling its operations and recovering from the effects of COVID-19, which earlier led to restrictive containment measures, including social distancing, remote work, and the closure of business activities, which brought to operations Challenge. It is estimated that by 2025, the market will reach USD 175.67 billion at a compound annual growth rate of 8%.

Read more about the global electric lighting equipment market report: https://www.thebusinessresearchcompany.com/report/electric-lighting-equipment-global-market-report-2020-30-covid-19-impact-and-recovery

The major players in the global electrical lighting equipment industry are General Electric, Panasonic, Koninklijke Philips NV, Eaton, and Osram.

TBRC's global electric lighting equipment market report is subdivided into general lighting, automotive lighting, and backlighting by type, and is divided into residential, commercial, and automotive applications by application, OEM and after-sales by sales channels, and online and offline by mode.

2021 Global Electric Lighting Equipment Market Report-By Type (General Lighting, Automotive Lighting, Backlight), By Application (Residential, Commercial, Automotive), By Sales Channel (OEM, Aftermarket), By Mode (Online, Offline), COVID -19 Impact and Recovery is one of a series of new reports from The Business Research Company. The report provides an overview of the electric lighting equipment market, forecasts the market size of electric lighting equipment and the Lighting equipment market trends, electric lighting equipment market drivers, limiting factors, revenue, overview and market share of leading competitors.

Request a sample of the global electric lighting equipment market report: https://www.thebusinessresearchcompany.com/sample.aspx?id=2120&type=smp

The following is a list of similar reports from commercial research companies: 2021 Global General Lighting Market Report-by product type (LED, CFL, LFL, HID, halogen, incandescent), by end user (residential, commercial, outdoor, industrial), by Applications (general lighting, automotive lighting, backlighting), COVID-19 impact and recovery https://www.thebusinessresearchcompany.com/report/general-lighting-global-market-report

2021 Automotive Light-Emitting Diode (LED) Bulb Global Market Report-By vehicle type (passenger car, light commercial vehicle (LCV), heavy commercial vehicle (HCV)), by adaptive lighting (front adaptive lighting, rear adaptive lighting , Environmental adaptive lighting)), by sales channel (OEM, aftermarket), COVID-19 impact and recovery https://www.thebusinessresearchcompany.com/report/automotive-light-escence-diode-led-bulbs-global- market-report

2021 Smart LED Bulb Global Market Report-By technology (wired technology, wireless technology), by application (indoor lighting, outdoor lighting), by installation type (new installation, renovation), COVID-19 growth and changes https://www . thebusinessresearchcompany.com/report/smart-led-bulbs-market-global-report-2020-30-covid-19-growth-and-change

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