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Artificial Light Sources Market

Artificial Light Sources Market - Global Growth Opportunities 2019-2031

Global Artificial Light Sources is segmented by Application (Commercial Lighting, Residential, Automotive, Street Lighting, Industrial), Type (LED, Fluorescent, Incandescent, Halogen, HID) and Geography(North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA)

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Industry Overview

The Artificial Light Sources is at 15Billion in 2023 and is expected to reach 30Billion by 2031. The Artificial Light Sources is driven by factors such as increasing demand in end-use industries, technological advancements, research and development (R&D), economic growth, and increasing global trade. Philips (Netherlands), LEDVANCE (Germany), NEC Lighting (Japan), KEYENCE (Japan), and others are some of the key players in the market.

Artificial Light Sources Market Size in (USD Billion) CAGR Growth Rate 8%

Study Period 2019-2031
Market Size (2023): 15Billion
Market Size (2031): 30Billion
CAGR (2023 - 2031): 8%
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Artificial Light Sources are the medium by which one can get light via electricity such as incandescent_ fluorescent and LED. These sources work on the principle of thermal excitation or luminescence_ on one hand_ discharge sources on the other hand. The most famous light used now a day is LED_s because they are based on electroluminescence property and are having a wide variety of application through end-users. The rising trend of technological effort is aimed at producing light that will resemble natural daylight (sunlight) enhancing the features of artificial light sources. The rising demand for these light sources throughout the globe is one of the biggest driving factors in this industry.

Key Players

Several key players in the Artificial Light Sources market are strategically focusing on expanding their operations in developing regions to capture a larger market share, particularly as the year-on-year growth rate for the market stands at 7%. The companies featured in this profile were selected based on insights from primary experts, evaluating their market penetration, product offerings, and geographical reach. By targeting emerging markets, these companies aim to leverage new opportunities, enhance their competitive advantage, and drive revenue growth. This approach not only aligns with their overall business objectives but also positions them to respond effectively to the evolving demands of consumers in these regions.
  • Philips (Netherlands)
  • LEDVANCE (Germany)
  • NEC Lighting (Japan)
  • KEYENCE (Japan)

Artificial Light Sources Market Segmentation by Players

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Market Dynamics

Market Driver
  • Increasing Consumer Preference Towards Different Varieties Of Designed Lights
  • Growing Number Of Commercial Spaces Globally Will
  • In Turn

Market Trends
  • Energy Efficiency

Opportunity
  • Increasing Consumer Preference Towards Different Varieties Of Designed Lights
  • Growing Number Of Commercial Spaces Globally Will
  • In Turn

Challenges
  • Initial Costs

Key Highlights

  • The Artificial Light Sources is growing at a 8% during the forecasted period of 2019 to 2031
  • Based on type, the market is bifurcated into LED, Fluorescent, Incandescent, Halogen
  • Based on application, the market is segmented into Commercial Lighting, Residential, Automotive, Street Lighting, Industrial
  • Global Import Export in terms of K Tons, K Units, and Metric Tons will be provided if Applicable based on industry best practice

Market Segmentation Overview

  • Type Segmentation: categorizes products by their specific variants, helping businesses identify demand drivers and innovate effectively.
  • Application Segmentation: Divides the market based on product usage across industries, enabling targeted marketing and growth identification.
  • Geographic Segmentation: Segments the market by location, allowing for tailored strategies based on regional preferences and economic factors.
  • Customer Segmentation: Focuses on demographics like age, gender, and income, enabling personalized marketing and improved customer targeting.
  • Distribution Channel Segmentation: categorizes by how products reach customers, optimizing supply chain and sales strategies.

Market Segmentation

Segmentation by Type
  • LED
  • Fluorescent
  • Incandescent
  • Halogen

 

Artificial Light Sources Market Segmentation by Type

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Segmentation by Application
 
  • Commercial Lighting
  • Residential
  • Automotive
  • Street Lighting
  • Industrial

 

Artificial Light Sources Market Segmentation by Application

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This report also splits the market by region:
Regions
  • North America
  • LATAM
  • West Europe
  • Central & Eastern Europe
  • Northern Europe
  • Southern Europe
  • East Asia
  • Southeast Asia
  • South Asia
  • Central Asia
  • Oceania
  • MEA



Market Estimation Process

Primary & Secondary Approach

The Artificial Light Sources is analyzed by both primary and secondary research sources. There are numerous methodologies available to navigate and utilize these resources effectively:
Surveys and Questionnaires: Getting feedback from healthcare professionals, patients, or any other stakeholders on a particular topic. It is a great method to collect quantitative data on behaviors, preferences, and/or experiences.
One on Ones: Interviews with key stakeholders, including physicians, nurses, and administrators can yield rich qualitative data. The interviews can be divided into structured, semi-structured, or unstructured.
Focus Groups: Pull together small numbers of people who share a common characteristic, trait, or behavior to discuss particular topics. Focus Groups: This offers qualitative data and points of view that are often overlooked, such as attitudes, perceptions, or other statements relating to a specific platform.
Observational Studies: Understanding healthcare practices and patient interactions in the way we do it can say a lot more than what people formally report doing.
Field Studies: This method allows researchers to collect data firsthand from healthcare settings, including hospitals, clinics, and even home. It is a way to touch and feel the context that drives service delivery in healthcare.
Secondary Research in Artificial Light Sources
Secondary research is a kind of revising, restructuring, and rethinking what has already been collected by primary sources. Such research is beneficial as long as it comes at a low cost and gives an overarching view of the market. Some of the important methods include:
Literature Review: To go through the research papers, articles, and studies published in medical journals, industry reports, and academic publications. This is crucial for understanding the study landscape and identifying knowledge deficits.
Reports From the Industry: It aims in examining reports published by Market Research firms, Healthcare Associations, and Government bodies. This report can also be used by all stakeholders including service providers and delivery chains across the world to identify market opportunities in an undetermined depth.
Public Health Records: Data collected by governments and public health authorities in different countries of the world from organizations with global reach like CDC, WHO, or national departments. These are important because they provide us with epidemiological data and numbers.
Company Reports: Read the annual reports, financial statements, and press releases of healthcare companies. It includes company performance reports, market strategies, and competitive positioning for this domain.
Online Databases: You understand the access to databases like PubMed, MEDLINE, and even Google Scholar for scientific articles and study materials. Some of these databases are treasure troves for peer-reviewed data.
Media Sources: Analyzing news articles, press releases, and media coverage related to the healthcare industry. This helps in staying updated on recent developments and emerging trends.
A blended approach of primary and secondary research methods allows researchers to collect well-rounded, solid data that informs the best decisions and strategies.

Research Methodology

At HTF Market Intelligence, we pride ourselves on delivering comprehensive market research that combines both secondary and primary methodologies. Our secondary research involves rigorous analysis of existing data sources, such as industry reports, market databases, and competitive landscapes, to provide a robust foundation of market knowledge. This is complemented by our primary research services, where we gather firsthand data through surveys, interviews, and focus groups tailored specifically to your business needs. By integrating these approaches, we offer a thorough understanding of market trends, consumer behavior, and competitive dynamics, enabling you to make well-informed strategic decisions. We would welcome the opportunity to discuss how our research expertise can support your business objectives.
Report Infographics:
Report Features Details
Base Year 2023
Based Year Market Size (2023) 15Billion
Historical Period Market Size (2019) 10Billion
CAGR (2023 to 2031) 8%
Forecast Period 2025 to 2031
Forecasted Period Market Size (2031) 30Billion
Scope of the Report LED, Fluorescent, Incandescent, Halogen, Commercial Lighting, Residential, Automotive, Street Lighting, Industrial
Regions Covered North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA
Year on Year Growth 7%
Companies Covered Philips (Netherlands), LEDVANCE (Germany), NEC Lighting (Japan), KEYENCE (Japan)
Customization Scope 15% Free Customization (For EG)
Delivery Format PDF and Excel through Email

Artificial Light Sources - Table of Contents

Chapter 1: Market Preface
  • 1.1 Global Artificial Light Sources Market Landscape
  • 1.2 Scope of the Study
  • 1.3 Relevant Findings & Stakeholder Advantages

Chapter 2: Strategic Overview
  • 2.1 Global Artificial Light Sources Market Outlook
  • 2.2 Total Addressable Market versus Serviceable Market
  • 2.3 Market Rivalry Projection

Chapter 3 : Global Artificial Light Sources Market Business Environment & Changing Dynamics
  • 3.1 Growth Drivers
    • 3.1.1 Increasing Consumer Preference Towards Different Varieties of Designed Lights
    • 3.1.2 Growing Number of Commercial Spaces Globally will
    • 3.1.3 in turn
  • 3.2 Available Opportunities
    • 3.2.1 Increasing Consumer Preference Towards Different Varieties of Designed Lights
    • 3.2.2 Growing Number of Commercial Spaces Globally will
  • 3.3 Influencing Trends
    • 3.3.1 Energy Efficiency
    • 3.3.2 Smart Lighting
  • 3.4 Challenges
    • 3.4.1 Initial Costs
    • 3.4.2 Replacement Cycles
  • 3.5 Regional Dynamics

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Chapter 4 : Global Artificial Light Sources Industry Factors Assessment
  • 4.1 Current Scenario
  • 4.2 PEST Analysis
  • 4.3 Business Environment - PORTER 5-Forces Analysis
    • 4.3.1 Supplier Leverage
    • 4.3.2 Bargaining Power of Buyers
    • 4.3.3 Threat of Substitutes
    • 4.3.4 Threat from New Entrant
    • 4.3.5 Market Competition Level
  • 4.4 Roadmap of Artificial Light Sources Market
  • 4.5 Impact of Macro-Economic Factors
  • 4.6 Market Entry Strategies
  • 4.7 Political and Regulatory Landscape
  • 4.8 Supply Chain Analysis
  • 4.9 Impact of Tariff War


Chapter 5: Artificial Light Sources : Competition Benchmarking & Performance Evaluation
  • 5.1 Global Artificial Light Sources Market Concentration Ratio
    • 5.1.1 CR4, CR8 and HH Index
    • 5.1.2 % Market Share - Top 3
    • 5.1.3 Market Holding by Top 5
  • 5.2 Market Position of Manufacturers by Artificial Light Sources Revenue 2023
  • 5.3 Global Artificial Light Sources Sales Volume by Manufacturers (2023)
  • 5.4 BCG Matrix
  • 5.4 Market Entropy
  • 5.5 5C’s Analysis
  • 5.6 Ansoff Matrix
Chapter 6: Global Artificial Light Sources Market: Company Profiles
  • 6.1 Philips (Netherlands)
    • 6.1.1 Philips (Netherlands) Company Overview
    • 6.1.2 Philips (Netherlands) Product/Service Portfolio & Specifications
    • 6.1.3 Philips (Netherlands) Key Financial Metrics
    • 6.1.4 Philips (Netherlands) SWOT Analysis
    • 6.1.5 Philips (Netherlands) Development Activities
  • 6.2 LEDVANCE (Germany)
  • 6.3 NEC Lighting (Japan)
  • 6.4 KEYENCE (Japan)
  • 6.5 USHIO LIGHTING (United States)

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Chapter 7 : Global Artificial Light Sources by Type & Application (2019-2031)
  • 7.1 Global Artificial Light Sources Market Revenue Analysis (USD Million) by Type (2019-2023)
    • 7.1.1 LED
    • 7.1.2 Fluorescent
    • 7.1.3 Incandescent
    • 7.1.4 Halogen
    • 7.1.5 HID
  • 7.2 Global Artificial Light Sources Market Revenue Analysis (USD Million) by Application (2019-2023)
    • 7.2.1 Commercial Lighting
    • 7.2.2 Residential
    • 7.2.3 Automotive
    • 7.2.4 Street Lighting
    • 7.2.5 Industrial
  • 7.3 Global Artificial Light Sources Market Revenue Analysis (USD Million) by Type (2023-2031)
  • 7.4 Global Artificial Light Sources Market Revenue Analysis (USD Million) by Application (2023-2031)

Chapter 8 : North America Artificial Light Sources Market Breakdown by Country, Type & Application
  • 8.1 North America Artificial Light Sources Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
    • 8.1.1 United States
    • 8.1.2 Canada
  • 8.2 North America Artificial Light Sources Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
    • 8.2.1 LED
    • 8.2.2 Fluorescent
    • 8.2.3 Incandescent
    • 8.2.4 Halogen
    • 8.2.5 HID
  • 8.3 North America Artificial Light Sources Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
    • 8.3.1 Commercial Lighting
    • 8.3.2 Residential
    • 8.3.3 Automotive
    • 8.3.4 Street Lighting
    • 8.3.5 Industrial
  • 8.4 North America Artificial Light Sources Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
  • 8.5 North America Artificial Light Sources Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
  • 8.6 North America Artificial Light Sources Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
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Chapter 9 : LATAM Artificial Light Sources Market Breakdown by Country, Type & Application
  • 9.1 LATAM Artificial Light Sources Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
    • 9.1.1 Brazil
    • 9.1.2 Argentina
    • 9.1.3 Chile
    • 9.1.4 Mexico
    • 9.1.5 Rest of LATAM
  • 9.2 LATAM Artificial Light Sources Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
    • 9.2.1 LED
    • 9.2.2 Fluorescent
    • 9.2.3 Incandescent
    • 9.2.4 Halogen
    • 9.2.5 HID
  • 9.3 LATAM Artificial Light Sources Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
    • 9.3.1 Commercial Lighting
    • 9.3.2 Residential
    • 9.3.3 Automotive
    • 9.3.4 Street Lighting
    • 9.3.5 Industrial
  • 9.4 LATAM Artificial Light Sources Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
  • 9.5 LATAM Artificial Light Sources Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
  • 9.6 LATAM Artificial Light Sources Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 10 : West Europe Artificial Light Sources Market Breakdown by Country, Type & Application
  • 10.1 West Europe Artificial Light Sources Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
    • 10.1.1 Germany
    • 10.1.2 France
    • 10.1.3 Benelux
    • 10.1.4 Switzerland
    • 10.1.5 Rest of West Europe
  • 10.2 West Europe Artificial Light Sources Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
    • 10.2.1 LED
    • 10.2.2 Fluorescent
    • 10.2.3 Incandescent
    • 10.2.4 Halogen
    • 10.2.5 HID
  • 10.3 West Europe Artificial Light Sources Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
    • 10.3.1 Commercial Lighting
    • 10.3.2 Residential
    • 10.3.3 Automotive
    • 10.3.4 Street Lighting
    • 10.3.5 Industrial
  • 10.4 West Europe Artificial Light Sources Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
  • 10.5 West Europe Artificial Light Sources Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
  • 10.6 West Europe Artificial Light Sources Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 11 : Central & Eastern Europe Artificial Light Sources Market Breakdown by Country, Type & Application
  • 11.1 Central & Eastern Europe Artificial Light Sources Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
    • 11.1.1 Bulgaria
    • 11.1.2 Poland
    • 11.1.3 Hungary
    • 11.1.4 Romania
    • 11.1.5 Rest of CEE
  • 11.2 Central & Eastern Europe Artificial Light Sources Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
    • 11.2.1 LED
    • 11.2.2 Fluorescent
    • 11.2.3 Incandescent
    • 11.2.4 Halogen
    • 11.2.5 HID
  • 11.3 Central & Eastern Europe Artificial Light Sources Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
    • 11.3.1 Commercial Lighting
    • 11.3.2 Residential
    • 11.3.3 Automotive
    • 11.3.4 Street Lighting
    • 11.3.5 Industrial
  • 11.4 Central & Eastern Europe Artificial Light Sources Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
  • 11.5 Central & Eastern Europe Artificial Light Sources Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
  • 11.6 Central & Eastern Europe Artificial Light Sources Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 12 : Northern Europe Artificial Light Sources Market Breakdown by Country, Type & Application
  • 12.1 Northern Europe Artificial Light Sources Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
    • 12.1.1 The United Kingdom
    • 12.1.2 Sweden
    • 12.1.3 Norway
    • 12.1.4 Baltics
    • 12.1.5 Ireland
    • 12.1.6 Rest of Northern Europe
  • 12.2 Northern Europe Artificial Light Sources Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
    • 12.2.1 LED
    • 12.2.2 Fluorescent
    • 12.2.3 Incandescent
    • 12.2.4 Halogen
    • 12.2.5 HID
  • 12.3 Northern Europe Artificial Light Sources Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
    • 12.3.1 Commercial Lighting
    • 12.3.2 Residential
    • 12.3.3 Automotive
    • 12.3.4 Street Lighting
    • 12.3.5 Industrial
  • 12.4 Northern Europe Artificial Light Sources Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
  • 12.5 Northern Europe Artificial Light Sources Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
  • 12.6 Northern Europe Artificial Light Sources Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 13 : Southern Europe Artificial Light Sources Market Breakdown by Country, Type & Application
  • 13.1 Southern Europe Artificial Light Sources Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
    • 13.1.1 Spain
    • 13.1.2 Italy
    • 13.1.3 Portugal
    • 13.1.4 Greece
    • 13.1.5 Rest of Southern Europe
  • 13.2 Southern Europe Artificial Light Sources Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
    • 13.2.1 LED
    • 13.2.2 Fluorescent
    • 13.2.3 Incandescent
    • 13.2.4 Halogen
    • 13.2.5 HID
  • 13.3 Southern Europe Artificial Light Sources Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
    • 13.3.1 Commercial Lighting
    • 13.3.2 Residential
    • 13.3.3 Automotive
    • 13.3.4 Street Lighting
    • 13.3.5 Industrial
  • 13.4 Southern Europe Artificial Light Sources Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
  • 13.5 Southern Europe Artificial Light Sources Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
  • 13.6 Southern Europe Artificial Light Sources Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 14 : East Asia Artificial Light Sources Market Breakdown by Country, Type & Application
  • 14.1 East Asia Artificial Light Sources Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
    • 14.1.1 China
    • 14.1.2 Japan
    • 14.1.3 South Korea
    • 14.1.4 Taiwan
    • 14.1.5 Others
  • 14.2 East Asia Artificial Light Sources Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
    • 14.2.1 LED
    • 14.2.2 Fluorescent
    • 14.2.3 Incandescent
    • 14.2.4 Halogen
    • 14.2.5 HID
  • 14.3 East Asia Artificial Light Sources Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
    • 14.3.1 Commercial Lighting
    • 14.3.2 Residential
    • 14.3.3 Automotive
    • 14.3.4 Street Lighting
    • 14.3.5 Industrial
  • 14.4 East Asia Artificial Light Sources Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
  • 14.5 East Asia Artificial Light Sources Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
  • 14.6 East Asia Artificial Light Sources Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 15 : Southeast Asia Artificial Light Sources Market Breakdown by Country, Type & Application
  • 15.1 Southeast Asia Artificial Light Sources Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
    • 15.1.1 Vietnam
    • 15.1.2 Singapore
    • 15.1.3 Thailand
    • 15.1.4 Malaysia
    • 15.1.5 Indonesia
    • 15.1.6 Philippines
    • 15.1.7 Rest of SEA Countries
  • 15.2 Southeast Asia Artificial Light Sources Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
    • 15.2.1 LED
    • 15.2.2 Fluorescent
    • 15.2.3 Incandescent
    • 15.2.4 Halogen
    • 15.2.5 HID
  • 15.3 Southeast Asia Artificial Light Sources Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
    • 15.3.1 Commercial Lighting
    • 15.3.2 Residential
    • 15.3.3 Automotive
    • 15.3.4 Street Lighting
    • 15.3.5 Industrial
  • 15.4 Southeast Asia Artificial Light Sources Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
  • 15.5 Southeast Asia Artificial Light Sources Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
  • 15.6 Southeast Asia Artificial Light Sources Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 16 : South Asia Artificial Light Sources Market Breakdown by Country, Type & Application
  • 16.1 South Asia Artificial Light Sources Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
    • 16.1.1 India
    • 16.1.2 Bangladesh
    • 16.1.3 Others
  • 16.2 South Asia Artificial Light Sources Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
    • 16.2.1 LED
    • 16.2.2 Fluorescent
    • 16.2.3 Incandescent
    • 16.2.4 Halogen
    • 16.2.5 HID
  • 16.3 South Asia Artificial Light Sources Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
    • 16.3.1 Commercial Lighting
    • 16.3.2 Residential
    • 16.3.3 Automotive
    • 16.3.4 Street Lighting
    • 16.3.5 Industrial
  • 16.4 South Asia Artificial Light Sources Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
  • 16.5 South Asia Artificial Light Sources Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
  • 16.6 South Asia Artificial Light Sources Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 17 : Central Asia Artificial Light Sources Market Breakdown by Country, Type & Application
  • 17.1 Central Asia Artificial Light Sources Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
    • 17.1.1 Kazakhstan
    • 17.1.2 Tajikistan
    • 17.1.3 Others
  • 17.2 Central Asia Artificial Light Sources Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
    • 17.2.1 LED
    • 17.2.2 Fluorescent
    • 17.2.3 Incandescent
    • 17.2.4 Halogen
    • 17.2.5 HID
  • 17.3 Central Asia Artificial Light Sources Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
    • 17.3.1 Commercial Lighting
    • 17.3.2 Residential
    • 17.3.3 Automotive
    • 17.3.4 Street Lighting
    • 17.3.5 Industrial
  • 17.4 Central Asia Artificial Light Sources Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
  • 17.5 Central Asia Artificial Light Sources Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
  • 17.6 Central Asia Artificial Light Sources Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 18 : Oceania Artificial Light Sources Market Breakdown by Country, Type & Application
  • 18.1 Oceania Artificial Light Sources Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
    • 18.1.1 Australia
    • 18.1.2 New Zealand
    • 18.1.3 Others
  • 18.2 Oceania Artificial Light Sources Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
    • 18.2.1 LED
    • 18.2.2 Fluorescent
    • 18.2.3 Incandescent
    • 18.2.4 Halogen
    • 18.2.5 HID
  • 18.3 Oceania Artificial Light Sources Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
    • 18.3.1 Commercial Lighting
    • 18.3.2 Residential
    • 18.3.3 Automotive
    • 18.3.4 Street Lighting
    • 18.3.5 Industrial
  • 18.4 Oceania Artificial Light Sources Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
  • 18.5 Oceania Artificial Light Sources Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
  • 18.6 Oceania Artificial Light Sources Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 19 : MEA Artificial Light Sources Market Breakdown by Country, Type & Application
  • 19.1 MEA Artificial Light Sources Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
    • 19.1.1 Turkey
    • 19.1.2 South Africa
    • 19.1.3 Egypt
    • 19.1.4 UAE
    • 19.1.5 Saudi Arabia
    • 19.1.6 Israel
    • 19.1.7 Rest of MEA
  • 19.2 MEA Artificial Light Sources Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
    • 19.2.1 LED
    • 19.2.2 Fluorescent
    • 19.2.3 Incandescent
    • 19.2.4 Halogen
    • 19.2.5 HID
  • 19.3 MEA Artificial Light Sources Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
    • 19.3.1 Commercial Lighting
    • 19.3.2 Residential
    • 19.3.3 Automotive
    • 19.3.4 Street Lighting
    • 19.3.5 Industrial
  • 19.4 MEA Artificial Light Sources Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
  • 19.5 MEA Artificial Light Sources Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
  • 19.6 MEA Artificial Light Sources Market by Application (USD Million) & Sales Volume (Units) [2024-2031]

Chapter 20: Research Findings & Conclusion
  • 20.1 Key Findings
  • 20.2 Conclusion

Chapter 21: Methodology and Data Source
  • 21.1 Research Methodology & Approach
    • 21.1.1 Research Program/Design
    • 21.1.2 Market Size Estimation
    • 21.1.3 Market Breakdown and Data Triangulation
  • 21.2 Data Source
    • 21.2.1 Secondary Sources
    • 21.2.2 Primary Sources

Chapter 22: Appendix & Disclaimer
  • 22.1 Acronyms & bibliography
  • 22.2 Disclaimer

Frequently Asked Questions (FAQ):

The Global Artificial Light Sources market is estimated to see a CAGR of 8% and may reach an estimated market size of 8% 30Billion by 2031.

The Artificial Light Sources Market is estimated to grow at a CAGR of 8%, currently pegged at 15Billion.

The changing dynamics and trends such as Energy Efficiency, Smart Lighting are seen as major Game Changer in Global Artificial Light Sources Market.

The leaders in the Global Artificial Light Sources Market such as Philips (Netherlands), LEDVANCE (Germany), NEC Lighting (Japan), KEYENCE (Japan), USHIO LIGHTING (United States) are targeting innovative and differentiated growth drivers some of them are Increasing Consumer Preference Towards Different Varieties Of Designed Lights, Growing Number Of Commercial Spaces Globally Will, In Turn, Give The Need For Light Souces

Some of the major challanges seen in Global Artificial Light Sources Market are Initial Costs, Replacement Cycles.

Some of the opportunities that Analyst at HTF MI have identified in Artificial Light Sources Market are:
  • Increasing Consumer Preference Towards Different Varieties Of Designed Lights
  • Growing Number Of Commercial Spaces Globally Will
  • In Turn
  • Give The Need For Light Souces

Artificial Light Sources Market identifies market share by players along with the concentration rate using CR4, CR8 Index to determine leading and emerging competitive players such as Philips (Netherlands), LEDVANCE (Germany), NEC Lighting (Japan), KEYENCE (Japan), USHIO LIGHTING (United States).

The Global Artificial Light Sources Market Study is Broken down by applications such as Commercial Lighting, Residential, Automotive, Street Lighting, Industrial.

The Global Artificial Light Sources Market Study is segmented by LED, Fluorescent, Incandescent, Halogen, HID.

The Global Artificial Light Sources Market Study includes regional breakdown as North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA

Historical Year: 2019 - Base year: 2023. Forecast period**: 2025 to 2031 [** unless otherwise stated]

Artificial Light Sources are the medium by which one can get light via electricity such as incandescent_ fluorescent and LED. These sources work on the principle of thermal excitation or luminescence_ on one hand_ discharge sources on the other hand. The most famous light used now a day is LED_s because they are based on electroluminescence property and are having a wide variety of application through end-users. The rising trend of technological effort is aimed at producing light that will resemble natural daylight (sunlight) enhancing the features of artificial light sources. The rising demand for these light sources throughout the globe is one of the biggest driving factors in this industry.
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