Global General Purpose Lighting Equipment Market is segmented on the basis of product as Incandescent Lights (Including Halogen), Light Emitting Diodes (LEDs), Compact Florescent Lamps, Straight (Linear) Fluorescent Lamps, and others.
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A device that that offers functional lighting for various usages including outdoor, residential, and indoor commercial is known as general purpose lighting equipment. It is also popularly known as ambient lighting equipment. It may incorporate various appliances like lamps, bulbs, tubes, and many other electrical equipments.
As far as the indoor applications are concerned, means to attain general lighting may include recessed or track lights, floor table lamps, chandeliers, and ceiling and wall-mounted fixtures. For outdoor applications, post lanterns, wall lighting, spotlights, hanging fixtures, and recessed fixtures are deployed. The equipment can improve the task performance, enlighten the look of an area, and can have an optimistic psychological impact on the surrounding people. It has been observed that the market is currently undergoing a major trend of mounting demands for architectural lighting fixtures.
The prominent factors that are playing a very important role in driving the market include rise in the frequency of households, rising adoption levels, augmented awareness among the end users, rising applications, and rise in the urbanization across the globe. The only factors that is turning as a major hurdle in the growth of the market include lack of global LED standardization.
Owing to all the above-mentioned factors, it has been estimated that the General Purpose Lighting Equipment Market will experience a huge upsurge in the forthcoming years.
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General Purpose Lighting Equipment Market is segmented on the basis of end users as
• Indoor Commercial
• Outdoor Use
• Indoor Residential
General Purpose Lighting Equipment Market is segmented on the basis of geographical region as
• North America
• Southeast Asia
As far as the geographical region is concerned, North America is lately dominating the market and it is estimated that the region will witness a huge upsurge in the forthcoming years, the reason being rise in the industrialization, urbanization, mounting demands across various sectors, augmented adoption, increasing awareness among the masses regarding the use of the product, rise in the disposable income of the consumers, and mounting manufacturing capabilities of the companies.
In contrast, Asia Pacific and Europe are also coming up as one of the promising regions in the upcoming years owing to rise in the market growth opportunities.
The key players operating in the General Purpose Lighting Equipment Market are recognized as
• Warom Ocean King Lighting
• GE Lighting
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