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The Europe High-End Lighting Market would witness market growth of 5.1% CAGR during the forecast period (2017- 2023). The market for lighting segment is anticipated to witness significant traction during the forecast period, and the demand is due to factors such as growing demand for smart homes and initiation of various smart city projects by the governments across the emerging economies. Governments around the world have already banned conventional light sources such as incandescent lights, halogen lights. However, newer technologies such as OLED are gaining prominence as these lighting options are technologically advanced over existing light sources.
It is believed that OLEDs will soon replace whole LED and CFL market. Based on Light Source Type, the market report segments the market into Fluorescent Lights, LED Lamps, HID Lamps, and Others. Based on Application, the Europe High-End Lighting market segments the market into Wireless and Wired. Based on End User, the market report segments the market into Commercial, Industrial, Residential, and Others. Based on Countries, the Europe High-End Lighting market segments the market into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the competition analysis of key stake holders of the Europe High-End Lighting Market. Key companies profiled in the report include Acuity Brands, Inc., Eaton Corporation Plc. (Cooper Lighting, LLC), Cree Inc., Digital Lumens, Inc., General Electric Company, Honeywell International Inc., Legrand S.A., Koninklijke Philips N.V., Lutron Electronics Co., Inc., and Streetlight. Vision.