Report Content
Chapter 1 Methodology & Scope
1.1 Methodology
1.1.1 Initial data exploration
1.1.2 Statistical model and forecast
1.1.3 Industry insights and validation
1.1.4 Definition and forecast parameters
1.2 Data Sources
1.2.1 Secondary
1.2.2 Primary
Chapter 2 Executive Summary
2.1 Lamp industry 3600 synopsis, 2013 - 2024
2.1.1 Business trends
2.1.2 Product trends
2.1.3 Application trends
2.1.4 Regional trends
Chapter 3 Lamp Industry Insights
3.1 Industry segmentation
3.2 Industry size and forecast, 2013 - 2024
3.3 Industry ecosystem analysis
3.3.1 Distribution channel analysis
3.3.2 Vendor matrix
3.4 Technology & innovation landscape
3.4.1 Preference of traditional lamps over LEDs
3.4.2 High efficiency ballasts
3.4.3 Motion sensing lights
3.5 Raw material analysis
3.6 Regulatory landscape
3.6.1 U.S.
3.6.1.1 NEMA LSD 73-2015
3.6.1.2 Phasing out incandescent bulbs
3.6.2 EU
3.6.3 Ban on the use of mercury
3.6.4 China
3.6.4.1 Subsidies for fluorescent lamps
3.7 Pricing analysis
3.7.1 Regional pricing trends
3.7.2 Cost structure analysis
3.8 Industry impact forces
3.8.1 Growth drivers
3.8.1.1 Adoption in varied applications
3.8.1.2 Increased reliability on traditional lamps
3.8.2 Industry pitfalls and challenges
3.8.2.1 High energy consumption cost as compared to LEDs
3.8.2.2 Government initiatives for adoption of LED lights
3.9 Innovation & Sustainability
3.10 Growth potential analysis
3.11 Porter’s analysis
3.12 Competitive landscape, 2016
3.12.1 Strategy dashboard
3.12.2 Business models
3.13 PESTEL analysis
Chapter 4 Lamp Market, By Product
4.1 Lamp market share, by product, 2016 & 2024
4.2 Electrical Discharge Lamps
4.2.1 Market estimates and forecast, by region, 2013-2024
4.2.2 Fluorescent lamps
4.2.2.1 Market estimates and forecast, by region, 2013 – 2024
4.2.3 High density discharge lamps
4.2.3.1 Market estimates and forecast, by region, 2013 – 2024
4.3 Filament Lamps
4.3.1 Market estimates and forecast, by region, 2013-2024
4.3.2 Incandescent Lamps
4.3.2.1 Market estimates and forecast, by region, 2013 – 2024
4.3.3 Halogen Lamps
4.3.3.1 Market estimates and forecast, by region, 2013 – 2024
Chapter 5 Lamp Market, By Application
5.1 Lamp market share, by application, 2016 & 2024
5.2 Indoor Use
5.2.1 Market estimates and forecast, by region, 2013-2024
5.2.2 Residential
5.2.2.1 Market estimates and forecast, by region, 2013-2024
5.2.3 Commercial
5.2.3.1 Market estimates and forecast, by region, 2013-2024
5.2.3.2 Retail
5.2.3.2.1 Market estimates and forecast, by region, 2013-2024
5.2.3.3 Hospitality
5.2.3.3.1 Market estimates and forecast, by region, 2013-2024
5.2.3.4 Healthcare
5.2.3.4.1 Market estimates and forecast, by region, 2013-2024
5.2.3.5 Others
5.2.3.5.1 Market estimates and forecast, by region, 2013-2024
5.2.4 Industrial
5.2.4.1 Market estimates and forecast, by region, 2013-2024
5.3 Outdoor Use
5.3.1 Market estimates and forecast, 2013 – 2024
5.3.2 Market estimates and forecast, by region, 2013-2024
5.3.3 Highways
5.3.3.1 Market estimates and forecast, by region, 2013-2024
5.3.4 Public Places
5.3.4.1 Market estimates and forecast, by region, 2013-2024
5.4 Motor Vehicles
5.4.1 Market estimates and forecast, by region, 2013-2024
Chapter 6 Lamps Market, By Region
6.1 Lamps market share by region, 2015 & 2024
6.2 North America
6.2.1 Market estimates and forecast, 2013 – 2024
6.2.2 Market estimates and forecast, by product, 2013 – 2024
6.2.3 Market estimates and forecast, by application, 2013 – 2024
6.2.4 U.S.
6.2.4.1 Market estimates and forecast, by product, 2013 – 2024
6.2.4.2 Market estimates and forecast, by application, 2013 – 2024
6.2.5 Canada
6.2.5.1 Market estimates and forecast, by product, 2013 – 2024
6.2.5.2 Market estimates and forecast, by application, 2013 – 2024
6.3 Europe
6.3.1 Market estimates and forecast, 2013 – 2024
6.3.2 Market estimates and forecast, by product, 2013 – 2024
6.3.3 Market estimates and forecast, by application, 2013 – 2024
6.3.4 Germany
6.3.4.1 Market estimates and forecast, by product, 2013 – 2024
6.3.4.2 Market estimates and forecast, by application, 2013 – 2024
6.3.5 UK
6.3.5.1 Market estimates and forecast, by product, 2013 – 2024
6.3.5.2 Market estimates and forecast, by application, 2013 – 2024
6.3.6 France
6.3.6.1 Market estimates and forecast, by product, 2013 – 2024
6.3.6.2 Market estimates and forecast, by application, 2013 – 2024
6.3.7 Italy
6.3.7.1 Market estimates and forecast, by product, 2013 – 2024
6.3.7.2 Market estimates and forecast, by application, 2013 – 2024
6.3.8 Russia
6.3.8.1 Market estimates and forecast, by product, 2013 – 2024
6.3.8.2 Market estimates and forecast, by application, 2013 – 2024
6.4 Asia Pacific
6.4.1 Market estimates and forecast, 2013 – 2024
6.4.2 Market estimates and forecast, by product, 2013 – 2024
6.4.3 Market estimates and forecast, by application, 2013 – 2024
6.4.4 China
6.4.4.1 Market estimates and forecast, by product, 2013 – 2024
6.4.4.2 Market estimates and forecast, by application, 2013 – 2024
6.4.5 India
6.4.5.1 Market estimates and forecast, by product, 2013 – 2024
6.4.5.2 Market estimates and forecast, by application, 2013 – 2024
6.4.6 Vietnam
6.4.6.1 Market estimates and forecast, by product, 2013 – 2024
6.4.6.2 Market estimates and forecast, by application, 2013 – 2024
6.4.7 Indonesia
6.4.7.1 Market estimates and forecast, by product, 2013 – 2024
6.4.7.2 Market estimates and forecast, by application, 2013 – 2024
6.4.8 Thailand
6.4.8.1 Market estimates and forecast, by product, 2013 – 2024
6.4.8.2 Market estimates and forecast, by application, 2013 – 2024
6.5 Latin America
6.5.1 Market estimates and forecast, 2013 – 2024
6.5.2 Market estimates and forecast, by product, 2013 – 2024
6.5.3 Market estimates and forecast, by application, 2013 – 2024
6.5.4 Brazil
6.5.4.1 Market estimates and forecast, by product, 2013 – 2024
6.5.4.2 Market estimates and forecast, by application, 2013 – 2024
6.5.5 Mexico
6.5.5.1 Market estimates and forecast, by product, 2013 – 2024
6.5.5.2 Market estimates and forecast, by application, 2013 – 2024
6.6 MEA
6.6.1 Market estimates and forecast, 2013 – 2024
6.6.2 Market estimates and forecast, by product, 2013 – 2024
6.6.3 Market estimates and forecast, by application, 2013 – 2024
Chapter 7 Company Profiles
7.1 General Electric
7.1.1 Business Overview
7.1.2 Financial Data
7.1.3 Product Landscape
7.1.4 Strategic Outlook
7.1.5 SWOT Analysis
7.2 Interlectric Corporation.
7.2.1 Business Overview
7.2.2 Financial Data
7.2.3 Product Landscape
7.2.4 Strategic Outlook
7.2.5 SWOT Analysis
7.3 Havells India Ltd.
7.3.1 Business Overview
7.3.2 Financial Data
7.3.3 Product Landscape
7.3.4 Strategic Outlook
7.3.5 SWOT Analysis
7.4 Amglo Kemlite Laboratories
7.4.1 Business Overview
7.4.2 Financial Data
7.4.3 Product Landscape
7.4.4 SWOT Analysis
7.5 Bajaj Group
7.5.1 Business Overview
7.5.2 Financial Data
7.5.3 Product Landscape
7.5.4 Strategic Outlook
7.5.5 SWOT Analysis
7.6 Ajanta Manufacturing Pvt. Ltd. (OREVA Group)
7.6.1 Business Overview
7.6.2 Financial Data
7.6.3 Product Landscape
7.6.4 SWOT Analysis
7.7 Osram Licht AG
7.7.1 Business Overview
7.7.2 Financial Data
7.7.3 Product Landscape
7.7.4 Strategic Outlook
7.7.5 SWOT Analysis
7.8 MaxLite
7.8.1 Business Overview
7.8.2 Financial Data
7.8.3 Product Landscape
7.8.4 Strategic Outlook
7.8.5 SWOT Analysis
7.9 EiKO Limited
7.9.1 Business Overview
7.9.2 Financial Data
7.9.3 Product Landscape
7.9.4 Strategic Outlook
7.9.5 SWOT Analysis
7.10 Eye Lighting International
7.10.1 Business Overview
7.10.2 Financial Data
7.10.3 Product Landscape
7.10.4 Strategic Outlook
7.10.5 SWOT Analysis
7.11 Federal Mogul Corporation
7.11.1 Business Overview
7.11.2 Financial Data
7.11.3 Product Landscape
7.11.4 Strategic Outlook
7.11.5 SWOT Analysis
7.12 Panasonic Corporation
7.12.1 Business Overview.
7.12.2 Financial Data
7.12.3 Product Landscape
7.12.4 Strategic Outlook
7.12.5 SWOT Analysis
7.13 Philips Electronics
7.13.1 Business Overview
7.13.2 1.14.2 Financial Data
7.13.3 Product Landscape
7.13.4 Strategic Outlook
7.13.5 SWOT Analysis
7.14 Stanley Electric Company
7.14.1 Business overview
7.14.2 Financial Data
7.14.3 Product Landscape
7.14.4 Strategic Outlook
7.14.5 SWOT Analysis
7.16 Toshiba Corporation
7.16.1 Business Overview
7.16.2 Financial Data
7.16.3 Product Landscape
7.16.4 Strategic Outlook
7.16.5 SWOT Analysis
Lamp Market Size
Lamp Market size exceeded USD 40 billion in 2016, with global shipments of over 32 billion.
Increased usage in various indoor and outdoor applications such as residential, commercial, industrial, highways, and automobiles has augmented the lamp market growth. Government initiatives for increasing lighting facilities in rural areas has increased the overall industry demand.
The U.S. Department of Energy has issued new regulations related to the efficiency of fluorescent lamp ballasts which took effect from November 2014. These rules have created new metric standards for measuring ballast efficiency and have established efficiency standards impacting many fluorescent T5, T8, & T12 ballasts in the industry. According to the rules, these ballasts are expected to save about 5.6 quads of energy resulting in USD 24.1 billion in energy savings for the products shipped from 2014 – 2043. These standards are estimated to avoid 106 million metric tons of CO2 emissions.
The ban on incandescent bulbs will negatively affect the lamp market as the consumers are shifting toward modern technologies such as LEDs and CFLs that save energy and are highly-efficient alternatives for these bulbs. High energy consumption costs of bulbs as compared to LED lamps act as a restraint for this industry. Halogen and fluorescent bulbs produce more heat and thus result in more energy consumption. LEDs utilize 90% less energy and last approximately 15 times longer than the halogen bulbs. Moreover, government initiatives across the globe for the implementation of LED use has negatively affected the lamp market demand.
Lamp Market Analysis
Electric discharge lamp market share is anticipated to display a significant growth rate in the coming years. Rising demand of CFLs over the past decade has fueled the revenue growth across this segment. The long life, efficiency, and reliability benefits offered by these bulbs testifies their rising adoption.
The fluorescent lamps market size has witnessed significant growth as these bulbs are more cost-effective. They provide better illumination, faster start-up, longer durability, less glare, and superior light quality. Moreover, increased usage of CFLs in various applications has positively impacted the growth prospects. Advancements in incandescent light bulbs may replace LEDs. The energy which is lost in the form of heat can be bounced back by surrounding the filament with special crystal structure
Indoor applications occupied the largest revenue share and are anticipated to continue dominating the industry in the forecast timeframe. Growing lamp market adoption in the residential, commercial, and industrial sectors will drive the industry demand.
Improvement in living standards, growing awareness about adopting energy efficient bulbs, has fueled the demand across the residential sector. Household, hospitality, and healthcare segments are increasingly implementing halogen and fluorescent bulbs, which has positively impacted the industry growth. Several types of CFLs include A-Line bulbs that are commonly used in households.
The need for energy saving bulbs and the rising consumer preference toward energy efficient products will offer growth opportunities to the U.S. lamp market. The demand for CFLs has increased in the UK due to phasing out of incandescent lamps; this will augment the lamp market demand over the forecast time frame. Retrofitting energy efficient products is a major trend observed in the regional landscape.
Subsidies provided by the governments of key regions such as Brazil and Mexico is expected to lower the product costs. In Mexico, incandescent light bulbs are more commonly used in residential areas owing to their low-cost and longer product life. The presence of many competitors is credited to low-cost and abundance of raw materials. This, in turn, will reduce the input costs and offer consumers a wide variety of alternatives.
Lamp Market Share
are some of the major competitors in the lamp market. Technological advancements in bulbs such as high-efficiency ballasts are being widely adopted across the industry. Manufacturers are implementing aggressive strategies to gain a competitive edge. Mergers, collaborations, and partnerships are a few strategies adopted by the industry players. Some companies acquire local and regional players to increase their lamp market share. For instance, in 2015, GE acquired Alstom Thermal Company which is involved in power generation and transmission.
High-efficiency ballasts are produced for increased efficiency of the bulbs. Manufacturers are focusing on the maximization of energy savings and making ballasts more energy efficient. High-efficiency ballasts have obtained standards in a variety of wattages with technological advancements.
Lamp Industry Background
Electric discharge bulb consists of a transparent container in which a gas is energized by the voltage applied that makes it glow. They are classified into fluorescent and high-intensity discharge bulbs. Fluorescent bulbs are low-weight mercury vapor bulbs which utilize fluorescence to produce visible light. They consist of a glass tube with phosphorus coating, mercury, a small amount of inert gas, and a set of electrodes. A fluorescent lamp generally provides 25-35% energy savings. Moreover, they do not produce as much heat as halogen or incandescent bulbs.
Filament bulb consists of an electrical conductor or filament that produces light on a passage of current. They are classified into halogen and incandescent lamps. Halogen bulbs use halogen gas to increase rated life and light output. They provide higher rated life, light quality, and energy efficiency than regular incandescent lamps. These bulbs are generally used in automotive headlights, work lights, and under-cabinet lighting.