Lighting Fixtures Market Analysis By Application, Types, Region 2021-2031

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The global market for lighting fixtures is estimated to reach a market size of over US$ 76 Billion all through 2025, up from a market value of over US$ 25.8 Billion during 2017.

Increased penetrations in LED lighting, as well as the need for smart fixtures, are the major aspects anticipated to fuel the overall growth in revenue terms of the worldwide market for lighting fixtures.

The market will be recording a healthy 14.2% CAGR all through the calculated period.Market Segmentation• Based on the type, the global market is segmented as Decorative & Residential Lighting, Architecture & Commercial Lighting, Outdoor Lighting and Industrial Lighting.

The outdoor lighting is estimated to increase exceedingly at US$ 20,548.0 through 2025 end.

The architectural and commercial lighting is likely to grow at a high CAGR in value terms all through the predicted period.• Based on the application type, the global market is categorised into corporate campus lighting, street lighting, airport lighting, education facilities lighting, retail outlets lighting, healthcare facilities lighting, government office & building, recreation & public venue lighting, industrial & warehouse lighting, restaurant & hotel lighting and residential lighting.

The street lighting category is estimated to be majorly attractive in the worldwide market for lighting fixtures market over the calculated period.

There is no limit or restrictions on Hotel Lighting Fixtures.

Hotel owners can use various Hotel lighting fixtures in their hotels for effective lighting, decoration, and to make the Hotel look more appealing.

Hotel owners can install Hotel pendant lights nearby dining areas, lobby sitting areas and hotel restaurants to provide warm welcoming effect.

Hotel owners can also install Hotel sconces on Hotel walls to give a classic look.

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