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Market Research: Lighting Fixtures Market is anticipated to touch the healthy CAGR of 14 % between 2017 and 2025

06 May 2019

The global lighting fixtures market is expected to witness high revenue growth during the forecast period. This growth is attributed to increasing smart city project and an increasing adaption of LED lighting across the globe. "Lighting Fixtures Market: Global Industry Analysis (2012 to 2016) and Forecast (2017-2025)" is the new report published by Persistence Market Research for a projected period of eight years, i.e. 2017-2025. The global lighting fixtures market is anticipated to expand at a robust CAGR over the forecast period and Asia Pacific lighting fixture market is expected to witness relatively high growth rate over the forecast period. Extracting government contract for replacing old infrastructure and continuous updating product portfolio are the key strategies being adopted by the key players in the global lighting fixtures market. By volume the revenue from the global lighting fixtures market is expected to reach at US$ 2491.0 Mn in 2017, while by the end of 2025, the market is likely to touch the figure of US$ 5,710.6 in terms of volume. This market is anticipated to touch the healthy CAGR of 14 % between 2017 and 2025.

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