About Downlights
Down light is installed on the ceiling having hollow openings which are focused downward. These type of lightings are used commercially as well as in residential. The frames of down lights are made of aluminum which are good in quality and plastic. There are multiple options available for down light with colors and can be brightened or dimmed according to the requirement. Moreover, it can also be used for directional lighting. These benefits and applications are increasing the usage of down light.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Downlights is highly competitive, with several key players dominating the industry. The market players are focused on developing a variety of features and benefits to meet the needs. Thus, constantly introducing new innovation in processing to meet the changing needs and preferences of consumers. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that Asia Pacific Vendors will contribute the maximum growth to Global Downlights market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Philips Lighting (Netherlands), Havells (India), GE Lighting (United States), OSRAM (Germany), Panasonic (Japan), OPPLE (China), Bajaj (India), Jaquar (India), NVC (China) and Crompton (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Cree (United States), Eterna Lighting (United Kingdom) and Kingsun (China).
Segmentation Overview
AMA Research has segmented the market of Global Downlights market by Type (Fixed and Adjustable), Application (Commercial and Household) and Region.
On the basis of geography, the market of Downlights has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Shape, the sub-segment i.e. Round will boost the Downlights market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Wattage, the sub-segment i.e. 5 to 20 will boost the Downlights market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Lighting color, the sub-segment i.e. Cool daylight will boost the Downlights market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution channel, the sub-segment i.e. Online will boost the Downlights market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Disposable Income in Emerging Economies
Market Growth Drivers:
Easy Installation, Replacements and Cleaning is Driving the Market. and Rising Construction and Renovation Activities
Challenges:
Availability of Other Types of Lights May Pose a Challenge for the Market
Restraints:
Cutting and Sizing of Ceilings for LED Lights may hamper the Growth
Opportunities:
Advancements in LED technology is boosting the market. There has been various new technologies which have been added to the down lights. These technologies made the lights to be compact, easier installation solution and also introduces features such as multi-color temperature. These factors are contributing to the growth.
Market Leaders and their expansionary development strategies
In February 2020, Legrand acquired focal point to strengthen portfolio and leadership in architecture lighting product with a 25yrs record of accomplishment of exceptional product, short led times, proven manufacturing capabilities and strong relationships with specifiers and contractors.
In July 2022, Signify, the world leader in lighting launched 3D-printed downlight for professional customer. This unique product is available in six size options to fit any existing ceiling cut-out, thereby offering a perfect fit and eliminating the need for any additional accessories or expensive renovation.
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.