Press release
Light Bulb Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018-2023
Light bulbs convert electricity into light and heat. A light bulb that produces more light and less heat is more efficient.
In this report, Planet Market Reports covers the present scenario with the base year being 2017 and the growth prospects of Global Light Bulb Market for 2018-2023.
Over the five years to 2018, the industry has struggled with import penetration and increasing input costs, which has constrained growth. Additionally, the increasing substitution of LEDs for traditional lighting systems has dramatically reduced demand for industry products.
The Lighting and Bulb Manufacturing industry has a low level of capital intensity due to the combined need for automated machinery and human labor. For every dollar spent on wages, $0.06 is spent on capital assets. Capital investment is largely in manufacturing machinery, which most large operators use to streamline the production process. New manufacturing machinery, equipment and facilities improve the quality of final products while increasing manufacturing efficiency and lowering production costs. Despite being highly automated, the industry still requires a significant amount of labor for the operation of industry machinery. The necessity for human labor drives up wage costs in the industry, lowering the industry s level of capital intensity.
Over the next five years, Planet Market Reports projects that Light Bulb will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Light Bulb market by product type, application, key manufacturers and key regions.
Get More Information about this Report @ https://www.planetmarketreports.com/reports/global-light-bulb-market-2562
To calculate the market size, Planet Market Reports considers value and volume generated from the sales of the following segments:
Segmentation by product type:
LED Light Bulbs
Incandescent Bulbs
Other
Segmentation by application:
Residential
Office
Shop
Hospitality
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Osram
Philips
GE Lighting
Acuity Brands
Eaton
Cree
Panasonic
Toshiba
Sharp
Yankon Lighting
Opple
Hubbell
Zumtobel Group
NVC ETI
Nichia
FSL
TCP
Havells
Mitsubishi
MLS
Get a Free Sample Copy of this Report @ https://www.planetmarketreports.com/report-sample/global-light-bulb-market-2562
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Light Bulb consumption value & volume by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Light Bulb market by identifying its various sub segments.
Focuses on the key global Light Bulb manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Light Bulb with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks.
To project the consumption of Light Bulb submarkets, with respect to key regions along with their respective key countries.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
About Us:
Planet Market Reports gives statistical surveying reports to businesses, people and associations with a goal of helping them in their decision making process. We have huge database of market research reports & company profiles across globe. We associated with global market research a publisher who has a wide range of research specialists & industry experts which provides you deeper penetration of market research industry.
We have statistical surveying reports from number of top publishers and update our reports collections on daily basis with most recent research data to furnish our customers with the moment online access to our database. With access to this database, our customers will be able to benefit from expert insights on worldwide businesses, items, and market patterns. We help you in your buy choice by mapping your data needs with our immense accumulation of reports.
Contact US:-
Name: Jennifer Daniel
Email-Id: sales@planetmarketreports.com
US: +1-716-2260907
UK: +447441952057
Organization: Planet Market Reports
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