Industry and News General Lighting Market | Page 2

of brightness is offered by the general lightening so that it is easier to carry out the tasks and move
about safely.
While considering the indoors, the general lighting can be achieved with the help of chandeliers,
ceiling or wall-mounted fixtures, recessed or track lights, as well as with floor and table lamps. In the
contrast, the outdoors may encompass spotlights, hanging fixtures, post lanterns, wall lighting, and
recessed fixtures that are generally put up in overhanging structures. In the parking lots also,
general lightning has a key role to play as the pedestrians and motorists who are passing by require
little light for crossing the particular area.
The prominent factors that are playing a very important role in driving the market include rise in the
frequency of households and rise in the urbanization across the globe. The market is currently
undergoing a significant trend of rising demand for architectural lighting fixtures. The only factors
that are turning as major hurdles in the growth of the market include lack of global LED
standardization.
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It has been anticipated that the Global General Lighting Market will witness the highest CAGR in the
next couple of years as the demand for general lightning has been rising tremendously and its
adoption has increased among a number of lighting sources. Global General Lighting Market is
segmented on the basis of end users as residential, commercial, industrial, outdoor, and
architectural segment. Among all the end users, the residential and commercial sectors are covering
the largest share in the market.
Global General Lighting Industry is segmented on the basis of geographical region as geographical
region as North America, Europe, Asia Pacific, and Rest of the World. As far as the geographical
region is concerned, North America is currently attaining the largest share in the market and it is
estimated that the region will display the highest CAGR in the near future. On the contrary, Asia
Pacific is also emerging as one of the promising region.
The key players operating in the Global General Lighting Market include General Electric, Koninlijke
Philips N. V., OSRAM, Panasonic, Schneider Electric, Acuity brands, Advanced Lighting Technology,