Showing posts with label LED Lamps Market France. Show all posts
Showing posts with label LED Lamps Market France. Show all posts

Tuesday, March 7, 2023

The European governments initiative toward green energy adoption and the goal of net-zero emissions by 2050 will have positive impact on France LED Lighting Market: Ken Research

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The LED Lighting market of France is moderately fragmented with a few major players operating in the industry. Thorlux Lighting and Arlus are the dominant player in LED lighting market.

  • New streetlights and track lights are being installed as a result of the rapidly expanding use of solar LEDs in distant places and strict government requirements regarding green technology across France.
  • The use of LED lighting has increased in both home and business settings. They are effective, durable, and have good illumination. These fixtures may use up to 90% less energy and have a lifespan of up to 100 times longer than incandescent lighting.
  • It is anticipated that the manufacture of luminaires would increase shortly due to escalating government activities toward their use. They include the lights that are installed in high bays, tunnels, streets, rails, troffers, and other locations.

Goal of net-zero emissions by 2050 will have positive impact on LED lighting market: Global warming has created a huge need for conserving energy, especially for lighting, which represents roughly ~% of the world’s electricity annual consumption and ~% of global greenhouse gas (GHG) emissions. The LED lighting segment has overtaken fluorescent purchases and the LED technology share is expected to increase in the coming years. To remain in line with the goal of net-zero emissions by 2050, the sales of LED bulbs and lighting fixtures need to reach ~% globally. This is expected to further accelerate the adoption of LED lighting technology in the coming years, acting as one of the key growth drivers for the France LED lighting market.

The retail/wholesale segment is likely to hold the largest market share between 2022 and 2027F: The retail/wholesale segment is likely to hold the largest market share between 2022 and 2027 as it is likely to be the most preferred choice among consumers. Retail and wholesale distribution channels are the most popular in the LED lighting market. Leading players have their sales and distributors networks spread across the world. These companies also have tied up with major retailers to reach out to customers in different geographies. The most popular channel is retail stores, which can be an individual stores or a chain of national retailers. The presence of many retail stores and various advantages associated with this option, such as high product quality, on-site product verification, and instant product availability, are some key factors driving the growth of this segment. Products are sold via retailers, dealers, and affiliates in the retail or wholesale option. These channel partners usually have an established presence in local markets and the ability to reach their customers at low costs.

Government initiatives towards adoption of energy-efficient lighting technology offer better opportunity for LED lighting manufacturers: Energy efficiency has become one of the major priorities of many countries. The governments of European countries have been taking initiatives to adopt energy-efficient measures across the region. Regulations stated by the government are in favor of home automation systems. A green building uses eco-friendly and resource-efficient equipment and processes throughout a building’s life cycle, i.e., design, construction, operation, maintenance, and renovation to demolition. Several key steps from using the right green building materials and generating on-site renewable energy are involved in designing sustainable buildings. Penetration of LED lighting systems is expected to gain further momentum due to the increasing construction of green buildings and smart cities across France.

Analysts at Ken Research in their latest publication France LED Lighting Market Outlook to 2027F- By Product Type (Lamps, Luminaries), By Usage (Indoor, Outdoor), By Sector (Residential, Commercial, Industrial), By Sales Channel (Retail/Wholesale, Direct Sales, E-commerce) and By Lumens in Lighting (1600 Lumens, 1100 Lumens, 800 Lumens, 450 Lumens, Lower power LED, High power LED)observed the potential of the LED lighting market in France. A large number of LED companies are operating in France lighting Market. These companies compete on various parameters such as pricing of the product offered, payment method, product delivery time, presence on social media platforms, cross border sales etc. The France LED Lighting Market is expected to grow at CAGR of ~% over the forecasted period i.e., 2022P-2027F.

France LED Lighting Industry

Key Segments Covered in the report

France LED Lighting Market

By Product Type

Lamps (A-type, T-type)

Luminaries (Downlighting, Decorative, Directional)

By Usage

Indoor

Outdoor

By Sector

Residential

Commercial

Industrial

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By Sales Channel

Retail/Wholesale

Direct Sales

E-commerce

By Lumens in Lighting

1600 Lumens

1100 Lumens

800 Lumens

450 Lumens

Lower power LED

High power LED

Key Target Audience

Existing LED Lighting Manufacturers in France

New Market Entrants- Domestic OEMs

New Market Entrants- Foreign OEMs

Real Estate Companies

Government Bodies

Investors & Venture Capital Firms

Lighting Equipment Manufacturers and Importers

LED Lighting Retail Chains

Lighting Equipment Distributors

Lighting Equipment Association

Consulting Agencies

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Time Period Captured in the Report

Historical Year: 2017-2022P

Base Year: 2022P

Forecast Period: 2022P– 2027F

Companies Covered

Arlus

CLARTee

LUCIBEL SA

MIDEX LIGHTING

LIGTHMANN

Thorlux Lighting

Airis France

Greenled

Lucera

Analytik Jena

Teledyne Gas & Flame Detection

Delta-T

Real Tech

Metrohm

Key Topics Covered in the Report

Overview and Genesis for the France LED Lighting Market

Comparative Analysis for the France led lighting Market with Global Market

France led lighting market value chain analysis

France led lighting market size, 2017-2022P

France led light market segmentation

Trade scenario for the France led lighting market

Cost analysis for led lighting in the France market

Decision making process before purchasing led lighting in the France market

Trends and developments in the France led lighting market

Issues and challenges in France led lighting market

Swot analysis for the France led lighting market

Recent technologies in France led lighting market

Manufacturing Clusters for led and component manufacturers in the France

Government initiatives and regulations in the France led lighting market

Competitive scenario in France led lighting market

Competitive landscape of major players in France led lighting market

France led lighting market future outlook and projections

Macroeconomic indicators affecting France led lighting market

Analyst Recommendations

Industry Speaks

Research Methodology

For more insights on the market intelligence, refer to below link:-

France LED Lighting Market

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