About Light Pipe Kits
A light pipe kit may be a sensible and extremely simple solution used for sending lights on the length of the tube, just like a fiber optic cable. thus, once a bright light is shined at one finish, these leaks cause the complete length of the pipe to ingratiate. Light pipe kits facilitate to boost the show quality and add additional flexibility for light distribution. light-weight pipe kits are principally used for ornamental applications, one will even use them for the e-textile comes.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 15.3% |
There are various companies that are exploring the market opportunities by investing in the new treatment and also expanding their footprints in new geographic regions by adopting various strategic initiatives such as mergers & acquisitions, expansions, investments, new product launches, and others. Analyst at AMA Research estimates that Global Manufacturers will contribute the maximum growth to Global Light Pipe Kits market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Gibraltar Industries, Inc. (United States), Visual Communications Company (United States), DayLite Natural Lighting Technologies, Inc. (United States), VKR Holding A/S (Denmark), Elite Solar Systems, Inc. (United States), Skydome Skylight Systems Pty. Ltd. (United States), OSRAM Licht AG (Germany), Solatube International, Inc. (United States), Bivar, Inc. (United States) and Lumex Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Natural Light Energy System (United States), Daylighting Technologies, Inc. (United States) and Orion Energy Systems Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Light Pipe Kits market by Type (Flexible light pipe kits and Rigid light pipe kits), Application (Residential, Commercial and Industrial) and Region.
On the basis of geography, the market of Light Pipe Kits 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). North America region held largest market share in the year 2023. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Light Pipe Kits market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Integration of Remote Control for Light Control
Market Growth Drivers:
Growing Initiatives to Encourage the Usage of Energy Efficient Products and Increasing Regulations by The Government to Reduce the Consumption of Energy In Commercial
Challenges:
Limited Awareness About Light Pipe Kits in Underdeveloped Countries
Restraints:
Limited Technological Advancements Complimenting the Light Tube
Opportunities:
Government Schemes and Investments for Construction of Green or Energy Efficient Buildings and Growth of Light Tubes in Traffic and Highway Management
Market Leaders and their expansionary development strategies
In July 2020, Marl International has started a bilateral engineering partnership with California-based LED lighting manufacturer Bivar Inc. under which the two companies will combine design resources and share IP to bring innovative LED lighting and indicators to the market more quickly.
Key Target Audience
Light Pipe Kits Manufacturer, Supplier/Distributor, Research Institutes, End-User Industry and Others
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.