About Lighting
The lighting is defined by the type of light source technologies such as incandescent, halogen, CFL, LFL, HID, LED, and OLED. The report examines only four major technologies that are predominantly used in the hospitality sector, which include CFL, LFL, HID, and LED. With the history of different lighting sources such as incandescent lighting, fluorescent lighting, LED lighting, and tungsten photonic lighting, LED lighting is the latest transition, which the industry has adopted. LED lighting devices provide several advantages such as high-intensity brightness, low voltage and current requirements, low radiated heat, high reliability, negligible ultra-violet (UV) rays, and a longer lifespan over the conventional lighting sources.
Technavio’s analysts forecast the global lighting market in hospitality sector to grow at a CAGR of 7.13% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global lighting market in hospitality sector for 2016-2020. To calculate the market size, the report considers the unit shipment of light sources including LFL, CFL, HID, and LED lamps and luminaires.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Lighting Market in Hospitality Sector 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Cree
• General Electric
• OSRAM
• Philips Lighting Holding
Market driver
• Rise in power prices
• For a full, detailed list, view our report
Market challenge
• Higher import duties
• For a full, detailed list, view our report
Market trend
• Declining manufacturing cost of LED
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Base year
• Market coverage
• Market size calculation
• Definition of general lighting applications
• Other definitions
• Geographical segmentation
• Vendor segmentation
• Common currency conversion rates
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Technology landscape
• Comparison between LEDs, incandescent bulbs, and CFLs
PART 06: Market landscape
• Market overview
PART 07: Market size and forecast
• Five forces analysis
PART 08: Market segmentation by lighting technology
PART 09: Market segmentation by product type
PART 10: Geographical segmentation
• APAC
• Americas
• EMEA
PART 11: Market drivers
• Incentive programs on installation of energy-efficient lighting sources
• Increased focus on reduction of carbon footprint
• Rise in power prices
• Introduction of several energy-efficient certification programs
• Minamata Convention on Mercury
PART 12: Impact of drivers
PART 13: Market challenges
• Absence of global LED standardization
• Higher import duties
• High average cost per LED fixture
• Limited thermal tolerance of LEDs
PART 14: Impact of drivers and challenges
PART 15: Market trends
• Declining manufacturing cost of LED
• Ban on use of energy-inefficient lighting sources and components
• Demand for intelligent lighting systems
• Rapid urbanization
PART 16: Vendor landscape
• Competitive scenario
PART 17: Appendix
• List of abbreviations
PART 18: Explore Technavio
List of Exhibits
Exhibit 01: Market size calculation model
Exhibit 02: Definition of general lighting application segments
Exhibit 03: Key regions covered in report
Exhibit 04: Key vendors
Exhibit 05: Common currency conversion rates 2013-2015
Exhibit 06: Evolution of energy-efficient lighting technologies
Exhibit 07: Light output of LEDs, incandescent bulbs, and CFLs
Exhibit 08: Efficiency and cost of LEDs, incandescent bulbs, and CFLs
Exhibit 09: Global lighting market in hospitality sector 2015-2020
Exhibit 10: Global lighting market in hospitality sector 2015-2020 (billions of units)
Exhibit 11: Global lighting market in hospitality sector 2015-2020 ($ billions)
Exhibit 12: ASP of individual light sources 2015-2020 ($)
Exhibit 13: Five forces analysis
Exhibit 14: Market segmentation by lighting technology (lamp) 2015-2020 (unit shipment)
Exhibit 15: Market segmentation by lighting technology (lamp) 2015-2020 (revenue)
Exhibit 16: Market segmentation by lighting technology (luminaire) 2015-2020 (unit shipment)
Exhibit 17: Market segmentation by lighting technology (luminaire) 2015-2020 (revenue)
Exhibit 18: Percentage share of lamps and luminaires in global lighting market in hospitality sector in terms of unit shipment 2015-2020
Exhibit 19: Percentage share of lamps and luminaires in global lighting market in hospitality sector in terms of revenue 2015-2020
Exhibit 20: Global lighting market in hospitality sector by geographical segmentation 2015
Exhibit 21: Global lighting market in hospitality sector by geography 2015-2020 ($ billions)
Exhibit 22: Lighting market in hospitality sector in APAC 2015-2020 ($ billions)
Exhibit 23: Monthly statistics of number of hotels and rooms under construction in US 2015
Exhibit 24: Lighting market in hospitality sector in Americas 2015-2020 ($ billions)
Exhibit 25: Hotels under construction by region 2015
Exhibit 26: Lighting market in the hospitality sector in EMEA 2015-2020 ($ billions)
Exhibit 27: Rebate per fixture for replacing HID with fluorescent high-bay interior lighting
Exhibit 28: Rebate per fixture for replacing HID or fluorescent interior lighting with LED
Exhibit 29: Amount of CO? produced for generating 1KWh of electricity by different sources
Exhibit 30: Electricity tariff in selected countries 2015 (KW/hour)
Exhibit 31: Comparison of incandescent versus CFL versus LED
Exhibit 32: Impact of drivers
Exhibit 33: Comparison of BRIC nation import duties
Exhibit 34: Price comparison of connected bulbs from different manufacturers
Exhibit 35: LED fixture installation cost
Exhibit 36: Impact of drivers and challenges
Exhibit 37: Manufacturing cost of LED 2012-2020 ($/Klm)
Exhibit 38: Requirements set by US DOE for fluorescent lamp ballast
Exhibit 39: Degree of urbanization by continent 2015
Exhibit 40: Competitive scenario in 2015 and 2020
