DUBLIN--(BUSINESS WIRE)--Jul 4, 2018--The "Global Decorative Lighting Market 2018-2022" report has been added to ResearchAndMarkets.com's offering. The analysts forecast the global decorative lighting market to grow at a CAGR of 7.01% during the period 2018-2022. The report covers the present scenario and the growth prospects of the global decorative lighting market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. One trend in the market is increasing use of smart lighting systems. The use of smart lighting systems is increasing in residential places as they offer control over lighting products. Smart lighting systems also integrate the concept of the Internet of Things (IoT), as it helps the customers control the lighting products through the apps installed on their mobile devices. One driver in the market is growing demand for energy-efficient decorative lighting products. globally, customers seek lighting products that utilize less energy, are long-lasting, and incur low electricity bills. Therefore, growing awareness of energy-efficient lighting products through government initiatives and distinct activities encourage the importance of energy conservation. The report states that one challenge in the market is perceived value gap of customers. The global decorative lighting market is highly fragmented, with the presence of many international and regional brands offering lights for residential use. Customers demand superior-quality, innovative, and unique-designed lights because they offer a high aesthetic appeal. Companies Mentioned

Acuity Brands Generation Brands General Electric Company Maxim Lighting Signify Holding

Key Topics Covered: 1: Executive Summary 2: Scope Of The Report 3: Research Methodology 4: Market Landscape 5: Market Sizing 6: Five Forces Analysis 7: Market Segmentation By Product Application 8: Customer Landscape 9: Market Segmentation By Distribution Channel 10: Regional Landscape 11: Decision Framework 12: Drivers And Challenges 13: Market Trends 14: Vendor Landscape 15: Vendor Analysis 16: Appendix For more information about this report visit https://www.researchandmarkets.com/research/k2smdk/global_decorative?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180704005071/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Manager


For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Lighting Equipment



SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 07/04/2018 05:58 AM/DISC: 07/04/2018 05:58 AM