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Global Fluorescent Lighting Market was valued at USD 4.87 Billion in 2018; it is expected to reach USD 14.01 Billion by the end of the forecast period at a CAGR of 16.3%.<br><br>
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Fluorescent Lighting MarketResearch Report By Forecast To 2025 Industry Survey, Growth, Competitive Landscapeand Forecasts to 2025 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)
Fluorescent Lighting Market Forecast To 2025 Fluorescent Lighting Market Overview Global Fluorescent Lighting Market was valued at USD 4.87 Billion in 2018; it is expected to reach USD 14.01 Billion by the end of the forecast period at a CAGR of 16.3%. Fluorescent lighting is a technology that depends on chemical reactions inside the glass tube for creating light. This chemical reaction involves mercury vapors and gases, thereby producing an invisible light. In other words, the fluorescent lamp is more efficient and cooler than incandescent lamps that produce fluorescence of the phosphor coating. This light further illuminates the phosphor powder coating inside of the glass tube which emits white fluorescent light. There are two mechanisms used for fluorescent lamps. In the first method, starter switch and magnetic ballast are used to provide flow of AC current to the lamp. In a circuit, ballast is used for converting the alternating current into a stable and direct stream of electricity. The increasing demand for environment-friendly lighting technologies and increasing adoption of lighting products with long shelf-life is expected to drive the fluorescent light market during the forecast period. However, initial cost of equipment is expected to restrain the market during the forecast period. Free Report Sample @ https://www.marketresearchfuture.com/sample_request/8501 www.marketresearchfuture.com
Fluorescent Lighting Market Forecast To 2025 Segmental Analysis The global fluorescent lighting market was valued at USD 4.87 billion in 2018; it is expected to reach USD 14.01 billion by the end of the forecast period at a CAGR of 16.3%. fluorescent lighting technology is mainly used for energy efficiency, long light life, and cost savings. Government initiatives regarding smart lighting and energy efficiency and in the increasing adoption of long-life lighting products are expected to drive the market during the forecast period.Theglobal electronic filters market has been segmented based on type, application, and region. The Global Fluorescent Lighting Market has been segmented based on type, installation, application, and region. By type, the fluorescent lighting market has been segmented into linear fluorescent lamps (LFL), cold cathode fluorescent lamp (CCFL), and compact fluorescent lamps (CFL). The CFL segment has been further segmented into plug-in CFL, integral CFL, adapter CFL, screw-based CFL, and pin-mounted CFL By installation, the fluorescent lighting market has been segmented into new installation and retrofit. By application, the fluorescent lighting market has been segmented into residential, commercial, and industrial. By region, the fluorescent lighting market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. www.marketresearchfuture.com
Fluorescent Lighting Market Forecast To 2025 Segmental Analysis The global fluorescent lighting market has been segmented based on application, type, and region. By type, the fluorescent lighting market has been segmented into linear fluorescent lamps (LFL), cold cathode fluorescent lamp (CCFL), and compact fluorescent lamps (CFL). The CFL segment has been further segmented into plug-in CFL, integral CFL, adapter CFL, screw-based CFL, and pin-mounted CFL. By installation, the fluorescent lighting market has been segmented into new installation and retrofit. By application, the fluorescent lighting market has been segmented into residential, commercial, and industrial. By region, the fluorescent lighting market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. The market in Asia-Pacific is expected to register the highest CAGR during the forecast period due to a number of smart city initiatives, growing residential construction market, and many other development projects. China, Japan, Taiwan, and India are expected to dominate the market, and Australia, Singapore, and New-Zealand are expected to grow at a steady rate during the forecast period. Europe is expected to dominate the fluorescent lighting market during the forecast period. Government initiatives toward energy-efficient systems and the presence of global players such as OSRAM Licht AG and Schneider Electric SE are expected to drive the market in Europe. The markets in Germany, the UK, the Netherlands, Sweden, Italy, and France are expected to grow at a high rate during the forecast period. However, Portugal, Norway, Switzerland, and the Rest of Europe are expected to grow at a stable rate during the forecast period. The markets in the Middle East and Africa and South America are expected to grow at a stable rate during the forecast period. Regional Analysis www.marketresearchfuture.com
Fluorescent Lighting Market Forecast To 2025 Competitive Analysis The global fluorescent lighting market consists of various global, regional, and local service providers who are continually enhancing their product portfolios to enhance their market positions. The major players are likely to strengthen their presence worldwide through the mergers and acquisition of local and regional players for expanding the reach of their solutions during the review period. Improvements in the global economic scenario combined with technological advancements in the emerging economies in India, South Africa, China, Brazil, and Argentina, are likely to fuel the market growth, thereby making it an ideal time for the vendors to expand the fluorescent lighting market to untapped geographies and increase the market share. Therefore, vendors must develop new technologies and stay abreast of emerging technologies that could affect the continuing competitiveness of their product lines in the market. The key players in the Fluorescent Lighting Market are OSRAM Licht AG (Germany), General Electric Company (US), Panasonic Corporation (Japan), Schneider Electric SE (France), Bridgelux (US), Cree Inc. (US), Nichia Corporation (Japan), Dialight PLC (US), Eaton Corporation Inc. (US), Emerson Electric Co. (US), Everlight Electronics Co Ltd (Taiwan), Toshiba Lighting and Technology (Japan), and Koninklijke Philips NV (Netherlands), among others. Browse Report @ https://www.marketresearchfuture.com/reports/fluorescent-lighting-market-8501 www.marketresearchfuture.com
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