Published on : Dec 17, 2018
Albany, New York, December 17, 2018: The lighting market in the UK has been driven by the inroads made by LED lighting in the domestic market. LED brings integrated products, lighting and control to the table as the technology boost innovation. Given the emergence of low energy halogen products and optimal value LED and its use in the ceiling and wall lights, UK lighting market has witnessed a significant growth in recent years.
Retrofitting of efficient lamp products has bolstered the sale of table and floor lamps. These insights have been drawn from the report titled, “UK Lighting—2018,” which has been lately included in the repository of Market Research Hub (MRH). Further, online sales growth and penetration is set to propel UK lighting market.
Investment in street lighting, better construction output and surge in the level of house completion underlie luminaires market. The UK lighting has made a foray into the online mode to expand its footholds in the market. Beneficially, online channel helps in the augmentation of the sale of lighting and forecast the online expenditure.
UK Lighting Market: Report Synopsis
The report offers a coherent analysis on the UK lighting market providing in-depth assessment on the trends, consumer attitudes and prominent players of the market. Further, the report does a thorough analysis on the hot issues of the market, market sizes and forecasts, retailer market shares, retailers’ profiles, future outlook and consumer data.
The report assesses major issues and success strategies, market sizing and growth forecasts and does exhaustive profiling of prominent players. The report provides insights on ceiling and wall lights, table and floor lamps, shades and bases, occasional lighting and lighting accessories. Further, prominent players in the market are B&Q, John Lewis & Partners, IKEA, Dunelm, Argos, B & M, the Range and Homebase, to name a few. Moreover, the report includes analysis on brand penetration and retailer consideration on the back of collapse of BHS.
UK Lighting Market: Research Methodology
The report has been prepared on account of rigorous and thorough research methodology. Secondary research incorporates annual reports, company websites, broker reports, financial reports, investers’ presentation, SEC filings , regulatory database and relevant patent, market reports, national government’s documents and Fativa, to name a few.
On the other hand, primary research covers face to face interview, e-mail interactions, telephonic interviews, category segment and sub-segment. The report is also based upon the Porters’ Five Force analysis and SWOT analysis. Moreover, market attractiveness analysis has been done where the end-users are benchmarked on the basis of market size, growth rate and general attractiveness.
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