June 2021 Report on Global Specialty Lighting Market Overview, Size, Share and Trends 2021-2026

Global Specialty Lighting Market is valued approximately at USD 5.67 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 7% over the forecast period 2021-2027. Increasing demand from health sector, more lifespan of LED lights as compared to traditional lights and increasing investment in the sector in form of merger and acquisitions and others are fueling the market demand. For instance, in 2018, Philips Lighting acquired Shenzhen LiteMagic Technologies Co., Ltd. The acquisition broadened Philips’ portfolio of facade lighting with a complementary portfolio of control systems and luminaires which helped the company in increasing its customer base. Furthermore, due to growing number of music events the market is expected to grow in the future. However, high initial deployment and maintenance cost of specialty lighting is anticipated to hamper the market growth.

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Asia Pacific, North America, Europe, Latin America, and Rest of the World are the regions taken into consideration in regional analysis of the global Specialty Lighting Market. North America is the significant region across the world in terms of market share due to growing population in music festivals and increasing urbanization. Whereas Asia Pacific is anticipated to exhibit the highest CAGR over the forecast period 2021-2027, due rising usage of specialty lighting across multiple industries.
Major market player included in this report are:

Advanced Specialty Lighting
Brandon Medical
Cree (Ideal Industries Inc.)
Getinge AB
Herbert Waldmann
Integra Lifesciences
Osram GmbH
Signify Holding
Steris Plc
Ushio, Inc.

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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Light:
By Medical Type:
Surgical Lighting
Examination Lighting

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By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

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Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Specialty Lighting Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Table of Contents

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Specialty Lighting Market , by Region, 2019-2027 (USD Billion)
1.2.2. Specialty Lighting Market , by Light, 2019-2027 (USD Billion)
1.2.3. Specialty Lighting Market , by Medical Type , 2019-2027 (USD Billion)
1.2.4. Specialty Lighting Market , by Application, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

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Chapter 2. Global Specialty Lighting Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Specialty Lighting Market Dynamics
3.1. Specialty Lighting Market Impact Analysis (2019-2027)
3.1.1. Market Drivers Increasing demand from health industry Rising investment from private players
3.1.2. Market Restraint High initial deployment and maintenance cost
3.1.3. Market Opportunities Rising number of music festivals.
Chapter 4. Global Specialty Lighting Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion

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Chapter 5. Global Specialty Lighting Market, by Light
5.1. Market Snapshot
5.2. Global Specialty Lighting Market by Light, Performance – Potential Analysis
5.3. Global Specialty Lighting Market Estimates & Forecasts by Light 2018-2027 (USD Billion)
5.4. Specialty Lighting Market , Sub Segment Analysis
5.4.1. LED
5.4.2. Others




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