2018-2023 Global Trunking System Consumption Market Report
NxtGen Reports recently added a new market research report in its offerings titled, "2018-2023 Global Trunking System Consumption Market Report".
(EMAILWIRE.COM, October 22, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Trunking System market for 2018-2023.
Trunking System here refers to LED Trunking Systems. Trunking System is an energy‐efficient, low maintenance alternative to traditional linear fluorescent in a variety of industrial, commercial and light assembly applications. It is the optimal solution for conventional lighting systems and also excellent for new installations due to its low installation cost ‐ everything in one box and installation is tool‐less. It saves both time and costs when updating lighting systems. LED trunking system distributes the elegant and uniform light according to different applications like supermarket, retail places, warehouses, offices, lecture halls, play courts, gymnasium, workshops,car parks etc.
Philips accounted for 19.68% of the global Trunking System revenue market share in 2016. Followed players, GE lighting accounted for 10.22%, Havells Sylvania (Shanghai Feilo Acoustics) accounted for 6.10%.
Global giant manufactures mainly distributed in Europe. They have unshakable status in this field. The key product markets locate at Europe. Europe takes the market share of 49.56% in 2016.
The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
Over the next five years, this report projects that Trunking System will register a 7.6% CAGR in terms of revenue, reach US$ 160 million by 2023, from US$ 100 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Trunking System market by product type, application, key manufacturers and key regions.
To calculate the market size, this report considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Narrow Distribution
Wide Distribution
Other
Segmentation by application:
Commercial
Industrial
Warehouse
Other
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:
Philips Lighting Holding
GE lighting
Havells Sylvania (Shanghai Feilo Acoustics)
Siteco Beleuchtungstechnik GmbH (OSRAM)
Zumtobel Group
TRILUX Group Management GmbH
Aura Light International
Luxon LED
Thorlux Lighting (F.W. Thorpe Plc Group)
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 Trunking System 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 Trunking System market by identifying its various subsegments.
Focuses on the key global Trunking System 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 Trunking System 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 Trunking System 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.
To get Free Sample or to Buy this report at discounted price visit: https://www.nxtgenreports.com/market-research-reports/2018-2023-global-trunking-system-consumption
If you have any special requirements, kindly Contact Us and we will offer you the report as you want.
About NxtGen Reports: NxtGen Reports delivers strategic market research reports, industry analysis, business research and forecasts on product, services and companies. We understand the need of our customers and keep our market research reports up to date. Our reports are very well organized enabling our customers to identify and get access easily. We also offer customized discounts based on your expectations.
Contact Information:
Madhuri Vetal
NxtGen Reports
Email: sales@nxtgenreports.com
Phone: +918551022388
More Report at: https://www.nxtgenreports.com/market-research-reports
Trunking System here refers to LED Trunking Systems. Trunking System is an energy‐efficient, low maintenance alternative to traditional linear fluorescent in a variety of industrial, commercial and light assembly applications. It is the optimal solution for conventional lighting systems and also excellent for new installations due to its low installation cost ‐ everything in one box and installation is tool‐less. It saves both time and costs when updating lighting systems. LED trunking system distributes the elegant and uniform light according to different applications like supermarket, retail places, warehouses, offices, lecture halls, play courts, gymnasium, workshops,car parks etc.
Philips accounted for 19.68% of the global Trunking System revenue market share in 2016. Followed players, GE lighting accounted for 10.22%, Havells Sylvania (Shanghai Feilo Acoustics) accounted for 6.10%.
Global giant manufactures mainly distributed in Europe. They have unshakable status in this field. The key product markets locate at Europe. Europe takes the market share of 49.56% in 2016.
The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
Over the next five years, this report projects that Trunking System will register a 7.6% CAGR in terms of revenue, reach US$ 160 million by 2023, from US$ 100 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Trunking System market by product type, application, key manufacturers and key regions.
To calculate the market size, this report considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Narrow Distribution
Wide Distribution
Other
Segmentation by application:
Commercial
Industrial
Warehouse
Other
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:
Philips Lighting Holding
GE lighting
Havells Sylvania (Shanghai Feilo Acoustics)
Siteco Beleuchtungstechnik GmbH (OSRAM)
Zumtobel Group
TRILUX Group Management GmbH
Aura Light International
Luxon LED
Thorlux Lighting (F.W. Thorpe Plc Group)
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 Trunking System 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 Trunking System market by identifying its various subsegments.
Focuses on the key global Trunking System 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 Trunking System 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 Trunking System 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.
To get Free Sample or to Buy this report at discounted price visit: https://www.nxtgenreports.com/market-research-reports/2018-2023-global-trunking-system-consumption
If you have any special requirements, kindly Contact Us and we will offer you the report as you want.
About NxtGen Reports: NxtGen Reports delivers strategic market research reports, industry analysis, business research and forecasts on product, services and companies. We understand the need of our customers and keep our market research reports up to date. Our reports are very well organized enabling our customers to identify and get access easily. We also offer customized discounts based on your expectations.
Contact Information:
Madhuri Vetal
NxtGen Reports
Email: sales@nxtgenreports.com
Phone: +918551022388
More Report at: https://www.nxtgenreports.com/market-research-reports
Contact Information:
NxtGen Reports
Madhuri Vetal
Tel: +918551022388
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
NxtGen Reports
Madhuri Vetal
Tel: +918551022388
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results