Driven by highly energy-efficient lighting systems, enhanced life span of LED lamps, easy availability of LED lamps in different colors and high-lumen low-watt products to contribute in the ample growth of LED lighting market in the coming years.
The growth of LED Lights in France: LED based lights are preferred over conventional lighting technologies as they are environment-friendly, have longer life span, are energy efficient and have low power consumption. With the lighting industry transformation towards LED sources and solid-state lighting, Europe represents one of the most innovative lighting markets across the globe. A key factor driving the demand of LED products in France has been the European Union's policy measures banning the sale of inefficient lighting technologies. Europe phased out incandescent lamps in the region. Switching to energy efficient LED lights have provided significant environmental benefits in France. The governments across the region are also providing subsidies and incentives to increase the adoption of LED products among consumers and phasing out older and less efficient technologies. This has enhanced the overall efficiency of the lighting industry in France.
Residential segment captured majority of lighting market: The residential segment has captured most of the market share in France. LEDs consume very low power and give an aesthetic feel to homes. It enhances the comfort level as LED technology emits light for only 180 degrees, whereas other types of lighting solutions emit light 360 degrees around the source. LEDs can operate at virtually any percentage of their rated power which adds to creating the perfect ambiance of the lighting. As homes are becoming smarter with IoT-based devices, smart LED lighting solutions are adopted well in the residential segment.
How threat of data breach in IoT-based lighting systems is challenging LED adoption in commercial and Industrial sectors: Wireless networks connect various lighting control system components in connected lighting. Connected lights are a sophisticated array of LED fixtures with built-in sensors and cameras connected to a wireless network. Usually, connected or smart lighting products are connected through the internet; hence, hackers can exploit them. This may have severe consequences. For example, a hacker can gain remote access to a wireless network and manipulate smart lighting control systems, door unlocking systems, security camera systems, etc. It is also possible for an intruder to remotely shut off the lights in locations such as hospitals and other public venues, thereby resulting in serious consequences. Security and privacy breaches are the main areas of concern for smart lighting systems.
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.
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
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