Australia Professional Lighting Market (2020-2026) | Companies, Size, COVID-19 IMPACT, Trends, Share, Industry, Revenue, Forecast, Growth, Outlook, Analysis & Value

Australia Professional Lighting Market Synopsis

The Australian professional lighting market is expected to reach USD 4.51 billion by 2026, registering a CAGR of 7.6% during the forecast period (2020-2026). The growing demand for energy efficient and environment friendly lighting systems, increasing adoption of LED technology in luminaries, and rising popularity of intelligent and connected lighting solutions are some of the key factors driving growth in this market.

Major players operating in the Australian professional lighting market include Signify N.V., OSRAM Licht AG, Acuity Brands Lighting Inc., General Electric Company (GE), Hubbell Incorporated, Zumtobel Group AG, Cooper Industries LLC., Cree Inc., Koninklijke Philips NV, Havells India Limited among others. These companies focus on innovation through research & development activities to develop advanced products with enhanced features and improved performance as per customer needs which will provide them competitive advantage over their competitors in global markets like Australia. For instance: In October 2020 ACUITY BRANDS Lighting INC announced launch of new range of low profile fixtures Lithonia Low Profile Luminaires LPXF &LP2XF which provides general ambient illumination ideal for areas including educational facilities; open office spaces; healthcare applications; hospitality venues & more across all types of commercial buildings

Key Highlights of the Report:

• Australia Professional Lighting Market Outlook
• Market Size of Australia Professional Lighting Market, 2019
• Forecast of Australia Professional Lighting Market, 2026
• Historical Data and Forecast of Australia Professional Lighting Revenues & Volume for the Period 2016 - 2026
• Australia Professional Lighting Market Trend Evolution
• Australia Professional Lighting Market Drivers and Challenges
• Australia Professional Lighting Price Trends
• Australia Professional Lighting Porter's Five Forces
• Australia Professional Lighting Industry Life Cycle
• Historical Data and Forecast of Australia Professional Lighting Market Revenues & Volume By Light Source for the Period 2016 - 2026
• Historical Data and Forecast of Australia Professional Lighting Market Revenues & Volume By LEDs for the Period 2016 - 2026
• Historical Data and Forecast of Australia Professional Lighting Market Revenues & Volume By Others (halogen lamps, xenon bulbs, incandescent lamps) for the Period 2016 - 2026
• Historical Data and Forecast of Australia Professional Lighting Market Revenues & Volume By Applications for the Period 2016 - 2026
• Historical Data and Forecast of Australia Professional Lighting Market Revenues & Volume By Entertainment for the Period 2016 - 2026
• Historical Data and Forecast of Australia Professional Lighting Market Revenues & Volume By Stage lighting for the Period 2016 - 2026
• Historical Data and Forecast of Australia Professional Lighting Market Revenues & Volume By Medical for the Period 2016 - 2026
• Historical Data and Forecast of Australia Professional Lighting Market Revenues & Volume By UV Lamps for the Period 2016 - 2026
• Historical Data and Forecast of Australia Professional Lighting Market Revenues & Volume By Others for the Period 2016 - 2026
• Australia Professional Lighting Import Export Trade Statistics
• Market Opportunity Assessment By Light Source
• Market Opportunity Assessment By Applications
• Australia Professional Lighting Top Companies Market Share
• Australia Professional Lighting Competitive Benchmarking By Technical and Operational Parameters
• Australia Professional Lighting Company Profiles
• Australia Professional Lighting Key Strategic Recommendations