Fluorescent Lighting Market was valued at USD 6.40 billion in 2021 and is expected to reach USD 14.66 billion by 2029, registering a CAGR of 10.91% during the forecast period of 2022-2029.
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Fluorescent Lighting Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
Energy Efficiency and Low Carbon Emissions
Increase in Number of Smart Cities
High Popularity of LED
Opportunities
Furthermore, increase in research and development activities, and emergence of industry 5.0 extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, high adoption rate of fluorescent lights are higher due to their long life will further expand the market.
Restraints/Challenges
On the other hand, concerns regarding toxic materials and environmental consciousness among end users regarding use in a residential setting are expected to obstruct market growth. Also, high initial cost is projected to challenge the fluorescent lighting market in the forecast period of 2022-2029.
Key Players: Global Fluorescent Lighting Market
Signify Holding (Netherlands), Fagerhult Group (Sweden), OSRAM GmbH (Germany), Zumtobel Group AG (Austria), LEDVANCE GmbH (Germany), Altman Lighting (US), Astute Lighting Ltd (UK), Bamford Lighting (UK), Dextra Group (UK), Enarlux (Spain), Halla, a.s (Czechia), Hubbell incorporated (US), Ideal Industries, Inc (US), Reggiani Spa Illuminazione (Italy), Sylvania (US), TRILUX Lighting Ltd (India), and OLIGO Lichttechnik GmbH (Germany)
MAJOR TOC OF THE REPORT
Part 1: Fluorescent Lighting Market Overview
Part 2: Manufacturers Profiles
Part 3: Global Fluorescent Lighting Market Competition, by Players
Part 4: Global Fluorescent Lighting Market Size by Type (Compact Fluorescent Lamp, Linear Fluorescent Lamp, Cold Cathode Fluorescent Lamp)
Part 5: Global Fluorescent Lighting Market Revenue by Installation (Retrofit, New Installation)
Part 6: Global Fluorescent Lighting Market Revenue by Application (General Lighting, Commercial Lighting, Residential Lighting, Industrial Lighting, Outdoor Lighting, Medical Lighting, Surgical and Treatment Lighting, General/Mounted Lighting, Others)
Get Detail TOC@ https://www.databridgemarketresearch.com/toc/?dbmr=global-fluorescent-li...
Key Report Highlights
Comprehensive pricing analysis based on different product types and regional segments
Market size data in terms of revenue and sales volume
Deep insights about regulatory and investment scenarios of the global Fluorescent Lighting Market
Analysis of market effect factors and their impact on the forecast and outlook of the global Fluorescent Lighting Market
The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Fluorescent Lighting Market
A roadmap of growth opportunities available in the Global Fluorescent Lighting Marketwith the identification of key factors
The exhaustive analysis of various trends of the Global Fluorescent Lighting Marketto help identify market developments
Key Questions Answered in Report:
What is the key to the Fluorescent Lighting Market?
What will the Fluorescent Lighting Market Demand and what will be Growth?
What are the latest opportunities for Fluorescent Lighting Market in the future?
What are the strengths of the key players?