Product Code: A08872
The global kitchen lighting market was valued at $12,557.0 million in 2021, and is projected to reach $25,662.1 million by 2031, registering a CAGR of 7.73% from 2022 to 2031. Kitchen lighting is an important part in terms of home decoration, which is gaining popularity among smart homes. The demand for dimmable or brightness controllable lights has witnessed a significant rise among consumers as they can create the desired atmosphere using the lights.
Decreasing cost of light-emitting diodes (LEDs) and changes in global energy policies are driving the market growth of linear lighting. LEDs are very reliable, efficient and have a long life compared to other LEDs. They are cost effective and provide about 50,000 hours of lighting with low energy consumption. Customers prefer LED linear lighting over incandescent bulbs due to their lower cost and lower heat dissipation. Additionally, lack of awareness of payback time and installation costs may hamper the growth of the linear lighting market in the coming years. However, increasing investments by governments of various countries in smart cities, smart transportation, smart industries, and the application of numerous smart technologies in various applications have boosted the strong growth of the linear lighting market during the analysis period.
The key kitchen lighting market leaders profiled in the report include General Electric, Hubbell. Inc, Acuity Brands, Inc., Lutron Electronics Co., Inc, Osram lighting private limited, Signify Holding, Kichler lighting, Koninklijke Philips N.V., Panasonic Corporation, and Havells India Ltd. These key players adopt several strategies such as new product launch and development, acquisition, partnership and collaboration and business expansion to increase the kitchen lighting market share during the forecast period.
The report includes the study of the kitchen lighting market with respect to the growth prospects and restraints based on the regional analysis. The study includes Porter's five forces analysis of the industry to determine the impact of suppliers, competitors, new entrants, substitutes, and buyers on the market growth.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the kitchen lighting market analysis from 2021 to 2031 to identify the prevailing kitchen lighting market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the kitchen lighting market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global kitchen lighting market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Product Type
- Pendant Lighting
- Under Cabinet Lighting
- Island Lighting
- Track Lighting
By Channel
By Region
- North America
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- General Electric
- Hubbell.Inc
- Acuity Brands, Inc.
- Lutron Electronics Co., Inc
- OSRAM LIGHTING PRIVATE LIMITED
- Signify Holding
- kichler lighting
- Koninklijke Philips N.V.
- Panasonic Corporation
- Havells India Ltd
TABLE OF CONTENTS
CHAPTER 1:INTRODUCTION
- 1.1.Report description
- 1.2.Key market segments
- 1.3.Key benefits to the stakeholders
- 1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
- 2.1.Key findings of the study
- 2.2.CXO Perspective
CHAPTER 3:MARKET OVERVIEW
- 3.1.Market definition and scope
- 3.2.Key findings
- 3.2.1.Top investment pockets
- 3.3.Porter's five forces analysis
- 3.4.Market dynamics
- 3.4.1.Drivers
- 3.4.1.1. Rise in demand for technological advancements and innovation in kitchen lighting
- 3.4.1.2. Increasing consumer preference towards decorative lighting.
- 3.4.2.Restraints
- 3.4.2.1. Safety and security concerns for IoT controlled lights may hinder market growth.
- 3.4.3.Opportunities
- 3.4.3.1. Higher adoption rate of energy-efficient lights to save cost and power.
- 3.5.COVID-19 Impact Analysis on the market
CHAPTER 4: KITCHEN LIGHTING MARKET, BY PRODUCT TYPE
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2. Pendant Lighting
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market share analysis by country
- 4.3. Under Cabinet Lighting
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market share analysis by country
- 4.4. Island Lighting
- 4.4.1 Key market trends, growth factors and opportunities
- 4.4.2 Market size and forecast, by region
- 4.4.3 Market share analysis by country
- 4.5. Track Lighting
- 4.5.1 Key market trends, growth factors and opportunities
- 4.5.2 Market size and forecast, by region
- 4.5.3 Market share analysis by country
CHAPTER 5: KITCHEN LIGHTING MARKET, BY CHANNEL
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2. Offline
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market share analysis by country
- 5.3. Online
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market share analysis by country
CHAPTER 6: KITCHEN LIGHTING MARKET, BY REGION
- 6.1 Overview
- 6.1.1 Market size and forecast
- 6.2 North America
- 6.2.1 Key trends and opportunities
- 6.2.2 North America Market size and forecast, by Product Type
- 6.2.3 North America Market size and forecast, by Channel
- 6.2.4 North America Market size and forecast, by country
- 6.2.4.1 U.S.
- 6.2.4.1.1 Key market trends, growth factors and opportunities
- 6.2.4.1.2 Market size and forecast, by Product Type
- 6.2.4.1.3 Market size and forecast, by Channel
- 6.2.4.2 Canada
- 6.2.4.2.1 Key market trends, growth factors and opportunities
- 6.2.4.2.2 Market size and forecast, by Product Type
- 6.2.4.2.3 Market size and forecast, by Channel
- 6.2.4.3 Mexico
- 6.2.4.3.1 Key market trends, growth factors and opportunities
- 6.2.4.3.2 Market size and forecast, by Product Type
- 6.2.4.3.3 Market size and forecast, by Channel
- 6.3 Europe
- 6.3.1 Key trends and opportunities
- 6.3.2 Europe Market size and forecast, by Product Type
- 6.3.3 Europe Market size and forecast, by Channel
- 6.3.4 Europe Market size and forecast, by country
- 6.3.4.1 UK
- 6.3.4.1.1 Key market trends, growth factors and opportunities
- 6.3.4.1.2 Market size and forecast, by Product Type
- 6.3.4.1.3 Market size and forecast, by Channel
- 6.3.4.2 Germany
- 6.3.4.2.1 Key market trends, growth factors and opportunities
- 6.3.4.2.2 Market size and forecast, by Product Type
- 6.3.4.2.3 Market size and forecast, by Channel
- 6.3.4.3 France
- 6.3.4.3.1 Key market trends, growth factors and opportunities
- 6.3.4.3.2 Market size and forecast, by Product Type
- 6.3.4.3.3 Market size and forecast, by Channel
- 6.3.4.4 Rest of Europe
- 6.3.4.4.1 Key market trends, growth factors and opportunities
- 6.3.4.4.2 Market size and forecast, by Product Type
- 6.3.4.4.3 Market size and forecast, by Channel
- 6.4 Asia-Pacific
- 6.4.1 Key trends and opportunities
- 6.4.2 Asia-Pacific Market size and forecast, by Product Type
- 6.4.3 Asia-Pacific Market size and forecast, by Channel
- 6.4.4 Asia-Pacific Market size and forecast, by country
- 6.4.4.1 China
- 6.4.4.1.1 Key market trends, growth factors and opportunities
- 6.4.4.1.2 Market size and forecast, by Product Type
- 6.4.4.1.3 Market size and forecast, by Channel
- 6.4.4.2 Japan
- 6.4.4.2.1 Key market trends, growth factors and opportunities
- 6.4.4.2.2 Market size and forecast, by Product Type
- 6.4.4.2.3 Market size and forecast, by Channel
- 6.4.4.3 India
- 6.4.4.3.1 Key market trends, growth factors and opportunities
- 6.4.4.3.2 Market size and forecast, by Product Type
- 6.4.4.3.3 Market size and forecast, by Channel
- 6.4.4.4 South Korea
- 6.4.4.4.1 Key market trends, growth factors and opportunities
- 6.4.4.4.2 Market size and forecast, by Product Type
- 6.4.4.4.3 Market size and forecast, by Channel
- 6.4.4.5 Rest of Asia-Pacific
- 6.4.4.5.1 Key market trends, growth factors and opportunities
- 6.4.4.5.2 Market size and forecast, by Product Type
- 6.4.4.5.3 Market size and forecast, by Channel
- 6.5 LAMEA
- 6.5.1 Key trends and opportunities
- 6.5.2 LAMEA Market size and forecast, by Product Type
- 6.5.3 LAMEA Market size and forecast, by Channel
- 6.5.4 LAMEA Market size and forecast, by country
- 6.5.4.1 Latin America
- 6.5.4.1.1 Key market trends, growth factors and opportunities
- 6.5.4.1.2 Market size and forecast, by Product Type
- 6.5.4.1.3 Market size and forecast, by Channel
- 6.5.4.2 Middle East
- 6.5.4.2.1 Key market trends, growth factors and opportunities
- 6.5.4.2.2 Market size and forecast, by Product Type
- 6.5.4.2.3 Market size and forecast, by Channel
- 6.5.4.3 Africa
- 6.5.4.3.1 Key market trends, growth factors and opportunities
- 6.5.4.3.2 Market size and forecast, by Product Type
- 6.5.4.3.3 Market size and forecast, by Channel
CHAPTER 7: COMPETITIVE LANDSCAPE
- 7.1. Introduction
- 7.2. Top winning strategies
- 7.3. Product Mapping of Top 10 Player
- 7.4. Competitive Dashboard
- 7.5. Competitive Heatmap
- 7.6. Top player positioning, 2021
CHAPTER 8: COMPANY PROFILES
- 8.1 General Electric
- 8.1.1 Company overview
- 8.1.2 Key Executives
- 8.1.3 Company snapshot
- 8.1.4 Operating business segments
- 8.1.5 Product portfolio
- 8.1.6 Business performance
- 8.1.7 Key strategic moves and developments
- 8.2 Hubbell.Inc
- 8.2.1 Company overview
- 8.2.2 Key Executives
- 8.2.3 Company snapshot
- 8.2.4 Operating business segments
- 8.2.5 Product portfolio
- 8.2.6 Business performance
- 8.2.7 Key strategic moves and developments
- 8.3 Acuity Brands, Inc.
- 8.3.1 Company overview
- 8.3.2 Key Executives
- 8.3.3 Company snapshot
- 8.3.4 Operating business segments
- 8.3.5 Product portfolio
- 8.3.6 Business performance
- 8.3.7 Key strategic moves and developments
- 8.4 Lutron Electronics Co., Inc
- 8.4.1 Company overview
- 8.4.2 Key Executives
- 8.4.3 Company snapshot
- 8.4.4 Operating business segments
- 8.4.5 Product portfolio
- 8.4.6 Business performance
- 8.4.7 Key strategic moves and developments
- 8.5 OSRAM LIGHTING PRIVATE LIMITED
- 8.5.1 Company overview
- 8.5.2 Key Executives
- 8.5.3 Company snapshot
- 8.5.4 Operating business segments
- 8.5.5 Product portfolio
- 8.5.6 Business performance
- 8.5.7 Key strategic moves and developments
- 8.6 Signify Holding
- 8.6.1 Company overview
- 8.6.2 Key Executives
- 8.6.3 Company snapshot
- 8.6.4 Operating business segments
- 8.6.5 Product portfolio
- 8.6.6 Business performance
- 8.6.7 Key strategic moves and developments
- 8.7 kichler lighting
- 8.7.1 Company overview
- 8.7.2 Key Executives
- 8.7.3 Company snapshot
- 8.7.4 Operating business segments
- 8.7.5 Product portfolio
- 8.7.6 Business performance
- 8.7.7 Key strategic moves and developments
- 8.8 Koninklijke Philips N.V.
- 8.8.1 Company overview
- 8.8.2 Key Executives
- 8.8.3 Company snapshot
- 8.8.4 Operating business segments
- 8.8.5 Product portfolio
- 8.8.6 Business performance
- 8.8.7 Key strategic moves and developments
- 8.9 Panasonic Corporation
- 8.9.1 Company overview
- 8.9.2 Key Executives
- 8.9.3 Company snapshot
- 8.9.4 Operating business segments
- 8.9.5 Product portfolio
- 8.9.6 Business performance
- 8.9.7 Key strategic moves and developments
- 8.10 Havells India Ltd
- 8.10.1 Company overview
- 8.10.2 Key Executives
- 8.10.3 Company snapshot
- 8.10.4 Operating business segments
- 8.10.5 Product portfolio
- 8.10.6 Business performance
- 8.10.7 Key strategic moves and developments