Global Overview of Lighting

Introduction

Scope

Key findings

Global Overview

Steady growth in global lighting sales

Asia Pacific is the largest regional market

North America leads per household expenditure on lighting

Emerging regions to lead growth

Sales of LED to overtake non-LED lamps

LED lamps to reach 87% of light sources in North America by 2022

CFLs remain popular in emerging markets

Rapid penetration of LED lamps

Developed regions lead spending on light fixtures

Demand Factors

Population expansion is a major demand driver for lighting

Untapped potential in Middle East and Africa

Smaller households are the new normal in the US

Rise in household numbers bodes well for lighting

Developing regions have yet to reach total electrification

Providing electricity to rural areas is a challenge

Dire need for electricity in the Middle East and Africa

Electrification in India is a slow process

Government initiatives to drive growth in emerging economies

Competitive Landscape

Chinese companies rise through the ranks

Light sources led by a mix of global and local companies

High degree of fragmentation in lighting fixtures

Businesses reinvent to stay relevant (1)

Businesses reinvent to stay relevant (2)

Regional Focus

Robust growth in Asia Pacific shows signs of stabilisation

China is the world’s largest market

Integrated LEDs drive sales of lighting fixtures in Japan

Macroeconomic pressures rattle consumers in Indonesia

Continued macroeconomic recovery drives the US

Sales in Western Europe are slow but stable

Sales of less efficient lamp types still persist in Germany

UK outlook remains positive despite Brexit fears

Sales in Turkey surge on the back of VAT discounts

Brazil emerges from recession

Outlook

The future of lighting is smart and connected

Creating immersive entertainment experiences

Improving comfort and health for consumers

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