PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Energy Efficiency to Drive New Opportunities for Lighting Equipment Manufacturers Across All End-users Says Frost & Sullivan - Most European countries are expected to recover and generate pre-crisis level revenues by 2012-2013
Energy Efficiency to Drive New Opportunities for Lighting Equipment Manufacturers Across All End-users Says Frost & Sullivan

 

NewswireToday - /newswire/ - London, United Kingdom, 2011/10/04 - Most European countries are expected to recover and generate pre-crisis level revenues by 2012-2013.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Construction/Architecture/Infra Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Steady growth is forecast for the European lighting equipment market across all end-user verticals. The residential segment is the largest and the fastest growing market. Retail and hospitality follow thanks to their substantial shares in more expensive decorative lighting. The market will be driven by the shift towards more intelligent and energy efficient lighting. In particular, the predicted "LED revolution" will provide significant growth opportunities for participants active in this market, thus acting as a major driver for the total lighting market.

New analysis from Frost & Sullivan (buildingtechnologies.frost.com), European Lighting Equipment Market: Opportunities by Vertical Application Sector, finds that the market earned revenues of $19,404.3 million in 2010 and estimates this to reach $23,914.2 million in 2017. The following verticals are covered in this study: offices, retail, hospitality and leisure, industry, education (both public and private sectors), healthcare (both public and private sectors), public outdoor, residential and others (including stadiums, military facilities and cultural sites, among others).

"The trend towards energy efficient lighting is expected to drive all vertical end-user segments," notes Frost & Sullivan Industry Analyst Michael Meyer. "Promoting energy efficient and intelligent lighting technologies is no longer an option, but has become a must for participants to survive in this market, especially in the functional lighting segment."

Although the predicted large-scale uptake of LED technology is unlikely to happen before the end of the forecast period, it has already made inroads in various applications within specific verticals. The shift towards LED will have implications for all lighting segments, requiring market participants to align not just their products, but also their supply and distribution strategies.

Accounting for 73 per cent of the total European lighting equipment market in 2010, luminaires are the largest product segment. Although it is predicted to grow at a lower rate than other product segments, the market will benefit from demand for new products compatible with more efficient light sources. Lighting controls, holding 4 per cent of the total market in 2010, are expected to increase their share due to increased awareness on energy efficiency, resulting in the emergence of smarter buildings and the integration of lighting control into building automation.

Germany, Europe's largest economy, is also the continent's largest market for lighting equipment. The German market is being driven by consumer awareness for energy efficiency and a high adoption rate of new technologies. The second largest market in Europe is the United Kingdom, where efforts to reduce carbon footprints have been driving sales of energy efficient lighting technologies. Efforts in energy reductions to save costs have also become a priority in Italy, where energy prices are expected to remain among the highest in Europe. While the markets for most European countries are expected to recover and generate pre-crisis level revenues by 2012-2013, Spain, being affected the maximum by the recession in the construction market, is forecast to recover only by 2015.

If you are interested in more information on this study, please send an e-mail with your contact details to Chiara Carella, Corporate Communications, at chiara.carella[.]frost.com.

European Lighting Equipment Market: Opportunities by Vertical Application Sector is part of the Building Management Technologies Growth Partnership Service programme, which also includes research in the following markets: Forecasts and Growth Opportunities in the Total European Lighting Equipment Market, World LED Markets, European Emergency Lighting Markets and European Lighting Control Systems Markets. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

European Lighting Equipment Market: Opportunities by Vertical Application Sector / M6BB

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Construction/Architecture/Infra Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Construction/Architecture/Infra articles,
CATCH Visitors via Your Competitors Announcements!


Energy Efficiency to Drive New Opportunities for Lighting Equipment Manufacturers Across All End-users Says Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan |
Publisher Contact: Chiara Carella 
+44 (0) 20 7343 8314 chiara.carella[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Construction/Architecture/Infra via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Construction/Architecture/Infra Most Recent Related Newswires:

CIMIC's Thiess Extends Operations in Botswana
PCL Construction Wins Five Top Projects Awards
CIMIC Investment, HLG Awarded A$215M Project in Qatar
CIMIC's CPB Contractors Wins Water Treatment Plant
Business of Design Week 2016 Architects Drafting the Future City
CIMIC's Thiess Awarded Contract Expansion & Extension At Melak
Major Step in Unique Engineering Project as Chernobyl Arch Slides into Place
CIMIC’S CPB Contractors Wins Amberley Base Upgrade Project
VINCI Airports, the Caisse Des Dépôts and Crédit Agricole Assurances Finalise the Acquisition of 60% of Aéroports de Lyon
CIMIC Investment, HLG Awarded AED490m Project in Dubai
PCL Construction Recognized for Building One of America’s Top Roads
Nordic PCL Awarded Mixed-Use Ke Kilohana at Ward Village in Honolulu
Test Confirms ePIPE's LeadSmart™ Technology Brings Lead Levels into Compliance with EPA Guidelines
HOCHTIEF Recognized in World’s Largest Climate Protection Ranking with New Award
PCL Constructors Canada, Inc. Opens Up the Doors to The Government Conference Centre Rehabilitation Project

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)