Kitchen Lighting Market Growing at a CAGR of 8.8% to 2028
The kitchen lighting market is projected to reach US$ 30,707.36 million by 2028 from US$ 17,058.05 million in 2021; it is estimated to grow at a CAGR of 8.8% from 2021 to 2028.
The rising number of home repair and remodeling activities, particularly in North America and Europe, is supported by government policies. The significance and rising popularity of kitchen remodeling in renovation projects are creating a huge demand for kitchen lighting. For instance, according to The Hanover's 2021 Home Renovation report, more than half (54%) of homeowners in the US made home renovations during the pandemic. According to the report, the most popular home renovation projects during the pandemic were kitchen and bathroom, comprising around 68% of the total renovation projects. As per the National Kitchen and Bath Association (NKBA) data, lighting comprises 0.05% of the average budget for kitchen renovation in the US. Similarly, the launch of the EuroPACE project by the European Commission between 2018 and 2021 to make home renovation simple, affordable, and reliable for all Europeans through the combination of affordable financing and people-centric technical assistance accelerated the home renovation activities across Europe. Furthermore, LED and OLED lighting's growing popularity as energy-efficient alternatives to incandescent and CFL bulbs is creating demand for new lighting concepts and lighting designs in the region, such as the inclusion of nature-related elements in lighting. The factors mentioned above are driving the growth of the kitchen lighting market
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Kitchen Lighting Market: Strategic Insights
Market Size Value in US$ 17,058.05 Million in 2021 Market Size Value by US$ 30,707.36 Million by 2028 Growth rate CAGR of 8.8% from 2021 to 2028 Forecast Period 2021-2028 Base Year 2021
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Kitchen Lighting Market: Strategic Insights
Market Size Value in | US$ 17,058.05 Million in 2021 |
Market Size Value by | US$ 30,707.36 Million by 2028 |
Growth rate | CAGR of 8.8% from 2021 to 2028 |
Forecast Period | 2021-2028 |
Base Year | 2021 |
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Speak to AnalystImpact of COVID-19 Pandemic on Kitchen Lighting Market
The COVID-19 pandemic impact on the kitchen lighting market was briefly negative due to a halt in production and a disrupted supply chain. The restrictions on construction activities and the movement of workers led to a fall in demand for kitchen lighting worldwide. For instance, the lockdown imposed by the Irish government from April till May 2020 led to the shutdown of factory operations for Mullan Lighting. Further, production, supply chains, and demand for the kitchen lighting are improving with the successful implementation of vaccination drives and the restart of construction activities. This COVID-19 lockdown has encouraged residential customers and business owners to choose more energy-efficient kitchen lighting to reduce energy consumption. However, during 2021-2022, the kitchen lighting market is showing resilience due to increased residential building construction, increase in robustness of supply chain system, and government incentives and policy support. For example, the focus of E.U. member states on renovation measures as a part of crisis-recovery programs is helping the residential construction sector regain momentum and even exceed the pre-pandemic level by an estimated growth rate of 5.7% during 2021-2022.
Kitchen Lighting: Market Insights
Rising Penetration of E-Commerce Fuels Growth of Kitchen Lighting Market
Rising Penetration of E-Commerce Fuels Growth of Kitchen Lighting Market
As the Internet becomes more accessible in many regions of the world, the eCommerce industry is fast developing. Online product sales have been boosted by the rapid rise of e-commerce in the home appliance business. The United States has the most significant rate of e-commerce adoption. However, in Asia Pacific nations like India and China, e-commerce for lighting fixtures is fast expanding. Wholesalers control the majority of global e-commerce sales (for example, Rexel operates dozens of e-commerce sites throughout North America, Europe, and Asia-Pacific). E-tailers, which include worldwide e-commerce platforms (such as Amazon and Alibaba), specialized lighting websites (such as Lampenwelt), and furniture websites, are the fastest expanding sector (like Wayfair). Only a few manufacturers have their online stores. Manufacturers, distributors, and retailers are experimenting with new ways to sell online while maintaining a consistent and personalized client experience. Artificial intelligence, voice commerce, and mobile optimization have contributed significantly to eCommerce's expanding popularity. The Kitchen lighting industry's manufacturers, distributors, and retailers have understood the value of B2B eCommerce. They're using AI-powered eCommerce systems to figure out what customers want, forecast what they'll buy, and leverage transactional data as real-time insights to improve distribution and price. It also provides a customized experience based on recent purchases and searches, makes relevant product recommendations using AI and recommendation engine capabilities, and keeps consumers engaged by automating marketing efforts. Simplifies product administration by allowing users to manage product information via catalog or feature specifications and dynamic pricing and discounting. It also offers many payment choices and ensures a seamless return and exchange process. Thus, rapid growth in e-commerce industry will drive the demand for kitchen lighting market.
Kitchen Lighting
Market - Type-Based Insights
Based on type, the kitchen lighting market is segmented into general kitchen lighting, task kitchen lighting, and decorative kitchen lighting. The general kitchen lighting segment accounted for the largest share in kitchen lighting market in 2020. The majority of the population has limited concerns about kitchen lighting or is less aware of the importance of task lighting. Thus, the general lighting segment dominates the market.
Kitchen Lighting Market - Source-Based Insights
On the basis of source, the global kitchen lighting market is segmented into fluorescent, LED, and OLED. The LED and OLED segment accounted for the largest market share in 2020 due to the increasing demand for energy-efficient lighting globally. The importance of LED lighting has increased significantly in the past few years due to its cost saving benefits
Kitchen Lighting Market - Product-Based Insights
On the basis of product, the market is segmented into island lights, pendant lights, ceiling lights, chandeliers, track lighting, under cabinet lighting, and others. The ceiling lights segment accounted for the largest market share in 2020. . The ceiling lights dominate the market as they are the necessary lighting used in residential constructions. However, the rise in kitchen remodeling and decoration spending has significantly created a demand for under cabinet lighting and pendant lighting
Players operating in the Kitchen Lighting market adopt strategies such as mergers and acquisitions to maintain their positions in the market. A few developments by key players are listed below:
- In January 2022, Acuity Brands, Inc. has announced its partnership with Microsoft. The company is expanding collaboration with Microsoft. This partnership will be helpful for Acuity Brands in its smart lighting, lighting controls, and building automation solutions.
- In May 2020, Cree Lighting announced its collaboration with Lutron Electronics for expansion of the lighting solutions in the US. The collaboration will combine Cree lighting's indoor and outdoor lighting solutions with Lutron's wired and wireless digital fixture technologies.
Kitchen Lighting Market Report Scope
The global kitchen lighting market is segmented on the basis of type, source, product, and geography. On the basis of type, the market is segmented into general kitchen lighting, task kitchen lighting, and decorative kitchen lighting. In 2020, the general kitchen lighting segment held the larger market share. On the basis of source, the kitchen lighting market is segmented as fluorescent, and LED and OLED. In 2020, the LED and OLED segment accounted for the largest market share. On the basis of product, the kitchen lighting market is segmented into island lights, pendant lights, ceiling lights, chandeliers, track lighting, under cabinet lighting, and others. In 2020, the ceiling lights segment accounted for the largest market share. Geographically, the kitchen lighting market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2020, North America accounted for a significant share in the global kitchen lighting market.
ACUITY Brands Inc., Cree Lighting, OSRAM Licht AG, GE Lighting, Panasonic Corportaion, Signify Holding, Hubbell Incorporated, Kichler Lighting, Lutron Electronics, Hafele GmbH &Co, are among the major companies operating in the kitchen lighting market.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Source, and Product
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Increasing proliferation of LED in Kitchen Lighting
Growing Number of Residential Construction Projects
With the continuously growing access to the internet in many regions, the e-commerce industry is flourishing rapidly. Although the US has the largest e-commerce business, the e-commerce for lighting fixtures is expanding at a high pace in India and China. Wholesalers control the majority of global e-commerce sales. Rexel operates dozens of e-commerce sites throughout North America, Europe, and Asia-Pacific. E-tailers, including the global e-commerce platforms such as Amazon and Alibaba; specialized lighting websites such as Lampenwelt; and furniture websites are the fastest expanding segments of the e-commerce business. Manufacturers, distributors, and retailers are experimenting with new ways for making online sales while maintaining a consistent and personalized client experience.
Layered Lighting, Smart Bulbs, Metallic Lights and Triple Pendant Lights, among others are latest trends that are expected in the kitchen lighting market in the coming years.
Key companies in the kitchen lighting market include Acuity Brands, Inc; Cree Inc.; Eaton Corporation; General Electric; Hubbell Lighting Inc; Kichler Lighting LLC; Lutron Electronics Co., Inc; Osram Licht AG; Panasonic Corporation; and Signify Holding.
Based on Type, the kitchen lighting market can be bifurcated into general kitchen lighting, task kitchen lighting, decorative kitchen lighting. The general kitchen lighting segment dominates the market as major adoption in developing and developed nations. The majority of the population has limited concerns about kitchen lighting or is less aware of the importance of task lighting. Thus, the general lighting segment dominates the market. However, with increasing disposable income and investment in kitchen remodeling, the task lighting and decorative lighting market are expected growth with a significant CAGR in coming years.
APAC held the largest market share in year 2020, along with the notable revenue generation opportunities in Europe and APAC.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Kitchen lighting Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Asia-Pacific
4.2.4 Middle East and Africa
4.2.5 South America
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Kitchen lighting Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing proliferation of LED
5.1.2 Rising Number of Residential Construction Projects
5.2 MARKET RESTRAINTS
5.2.1 High Cost of Kitchen Lighting
5.3 MARKET OPPORTUNITIES
5.3.1 Rapid Growth in E-Commerce
5.4 FUTURE TRENDS
5.4.1 Advancements in Kitchen Lighting
5.5 Impact Analysis of Drivers And Restraints
6. Kitchen Lighting – Global Market Analysis
6.1 Global Kitchen Lighting Market Overview
6.2 Global Kitchen lighting Market Revenue Forecast and Analysis
6.3 Market Positioning – Five Key Players
7. Kitchen Lighting Market Analysis – By Type
7.1 Overview
7.2 Kitchen Lighting Market , by Type (2020 and 2028)
7.3 General Kitchen Lighting
7.3.1 Overview
7.3.2 General Kitchen Lighting: Kitchen Lighting Market– Revenue and Forecast to 2028 (US$ Million)
7.4 Task Kitchen Lighting
7.4.1 Overview
7.4.2 Task Kitchen Lighting: Kitchen Lighting Market– Revenue and Forecast to 2028 (US$ Million)
7.5 Decorative Kitchen Lighting
7.5.1 Overview
7.5.2 Decorative Kitchen Lighting: Kitchen Lighting Market– Revenue and Forecast to 2028 (US$ Million)
8. Kitchen Lighting Market – By Source
8.1 Overview
8.2 Kitchen Lighting Market, by Source(2020 and 2028)
8.3 Fluorescent
8.3.1 Overview
8.3.2 Fluorescent: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
8.4 LED and OLED
8.4.1 Overview
8.4.2 LED and OLED: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
9. Kitchen Lighting Market – By Product
9.1 Overview
9.2 Kitchen Lighting Market, by Product (2020 and 2028)
9.3 Island Lights
9.3.1 Overview
9.3.2 Island Lights: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Pendant Lights
9.4.1 Overview
9.4.2 Pendant Lights: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Ceiling Lights
9.5.1 Overview
9.5.2 Ceiling Lights: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Chandeliers
9.6.1 Overview
9.6.2 Chandeliers: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Track Lighting
9.7.1 Overview
9.7.2 Track Lighting: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
9.8 Under Cabinet Lighting
9.8.1 Overview
9.8.2 Under Cabinet Lighting: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
9.9 Others
9.9.1 Overview
9.9.2 Others: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10. Kitchen lighting Market – Geographic Analysis
10.1 Overview
10.2 North America: Kitchen lighting Market
10.2.1 North America: Kitchen lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.2.2 North America: Kitchen lighting Market, By Type
10.2.3 North America: Kitchen lighting Market, By Source
10.2.4 North America: Kitchen lighting Market, By Product
10.2.5 North America: Kitchen lighting Market, By Key Country
10.2.5.1 US: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.1.1 US: Kitchen Lighting Market, By Type
10.2.5.1.2 US: Kitchen Lighting Market, By Source
10.2.5.1.3 US: Kitchen Lighting Market, By Product
10.2.5.2 Canada: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.2.1 Canada: Kitchen Lighting Market, By Type
10.2.5.2.2 Canada: Kitchen Lighting Market, By Source
10.2.5.2.3 Canada: Kitchen Lighting Market, By Product
10.2.5.3 Mexico: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.3.1 Mexico: Kitchen Lighting Market, By Type
10.2.5.3.2 Mexico: Kitchen Lighting Market, By Source
10.2.5.3.3 Mexico: Kitchen Lighting Market, By Product
10.3 Europe: Kitchen lighting Market
10.3.1 Europe: Kitchen lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.3.2 Europe: Kitchen lighting Market, By Type
10.3.3 Europe: Kitchen lighting Market, By Source
10.3.4 Europe: Kitchen lighting Market, By Product
10.3.5 Europe: Kitchen lighting Market, By Key Country
10.3.5.1 Germany: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.1.1 Germany: Kitchen Lighting Market, By Type
10.3.5.1.2 Germany: Kitchen Lighting Market, By Source
10.3.5.1.3 Germany: Kitchen Lighting Market, By Product
10.3.5.2 UK: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.2.1 UK: Kitchen Lighting Market, By Type
10.3.5.2.2 UK: Kitchen Lighting Market, By Source
10.3.5.2.3 UK: Kitchen Lighting Market, By Product
10.3.5.3 France: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.3.1 France: Kitchen Lighting Market, By Type
10.3.5.3.2 France: Kitchen Lighting Market, By Source
10.3.5.3.3 France: Kitchen Lighting Market, By Product
10.3.5.4 Italy: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.4.1 Italy: Kitchen Lighting Market, By Type
10.3.5.4.2 Italy: Kitchen Lighting Market, By Source
10.3.5.4.3 Italy: Kitchen Lighting Market, By Product
10.3.5.5 Russia: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.5.1 Russia: Kitchen Lighting Market, By Type
10.3.5.5.2 Russia: Kitchen Lighting Market, By Source
10.3.5.5.3 Russia: Kitchen Lighting Market, By Product
10.3.5.6 Rest of Europe: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.6.1 Rest of Europe: Kitchen Lighting Market, By Type
10.3.5.6.2 Rest of Europe: Kitchen Lighting Market, By Source
10.3.5.6.3 Rest of Europe: Kitchen Lighting Market, By Product
10.4 APAC: Kitchen lighting Market
10.4.1 APAC: Kitchen lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.4.2 APAC: Kitchen lighting Market, By Type
10.4.3 APAC: Kitchen lighting Market, By Source
10.4.4 APAC: Kitchen lighting Market, By Product
10.4.5 APAC: Kitchen lighting Market, By Key Country
10.4.5.1 China: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.1.1 China: Kitchen Lighting Market, By Type
10.4.5.1.2 China: Kitchen Lighting Market, By Source
10.4.5.1.3 China: Kitchen Lighting Market, By Product
10.4.5.2 Japan: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.2.1 Japan: Kitchen Lighting Market, By Type
10.4.5.2.2 Japan: Kitchen Lighting Market, By Source
10.4.5.2.3 Japan: Kitchen Lighting Market, By Product
10.4.5.3 India: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.3.1 India: Kitchen Lighting Market, By Type
10.4.5.3.2 India: Kitchen Lighting Market, By Source
10.4.5.3.3 India: Kitchen Lighting Market, By Product
10.4.5.4 South Korea: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.4.1 South Korea: Kitchen Lighting Market, By Type
10.4.5.4.2 South Korea: Kitchen Lighting Market, By Source
10.4.5.4.3 South Korea: Kitchen Lighting Market, By Product
10.4.5.5 Australia: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.5.1 Australia: Kitchen Lighting Market, By Type
10.4.5.5.2 Australia: Kitchen Lighting Market, By Source
10.4.5.5.3 Australia: Kitchen Lighting Market, By Product
10.4.5.6 Rest of APAC: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.6.1 Rest of APAC: Kitchen Lighting Market, By Type
10.4.5.6.2 Rest of APAC: Kitchen Lighting Market, By Source
10.4.5.6.3 Rest of APAC: Kitchen Lighting Market, By Product
10.5 MEA: Kitchen lighting Market
10.5.1 MEA: Kitchen lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.5.2 MEA: Kitchen lighting Market, By Type
10.5.3 MEA: Kitchen lighting Market, By Source
10.5.4 MEA: Kitchen lighting Market, By Product
10.5.5 MEA: Kitchen lighting Market, By Key Country
10.5.5.1 South Africa: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.1.1 South Africa: Kitchen Lighting Market, By Type
10.5.5.1.2 South Africa: Kitchen Lighting Market, By Source
10.5.5.1.3 South Africa: Kitchen Lighting Market, By Product
10.5.5.2 UAE: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.2.1 UAE: Kitchen Lighting Market, By Type
10.5.5.2.2 UAE: Kitchen Lighting Market, By Source
10.5.5.2.3 UAE: Kitchen Lighting Market, By Product
10.5.5.3 Saudi Arabia: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.3.1 Saudi Arabia: Kitchen Lighting Market, By Type
10.5.5.3.2 Saudi Arabia: Kitchen Lighting Market, By Source
10.5.5.3.3 Saudi Arabia: Kitchen Lighting Market, By Product
10.5.5.4 Rest of MEA: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.4.1 Rest of MEA: Kitchen Lighting Market, By Type
10.5.5.4.2 Rest of MEA: Kitchen Lighting Market, By Source
10.5.5.4.3 Rest of MEA: Kitchen Lighting Market, By Product
10.6 SAM: Kitchen lighting Market
10.6.1 SAM: Kitchen lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.6.2 SAM: Kitchen lighting Market, By Type
10.6.3 SAM: Kitchen lighting Market, By Source
10.6.4 SAM: Kitchen lighting Market, By Product
10.6.5 SAM: Kitchen lighting Market, By Key Country
10.6.5.1 Brazil: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.6.5.1.1 Brazil: Kitchen Lighting Market, By Type
10.6.5.1.2 Brazil: Kitchen Lighting Market, By Source
10.6.5.1.3 Brazil: Kitchen Lighting Market, By Product
10.6.5.2 Argentina: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.6.5.2.1 Argentina: Kitchen Lighting Market, By Type
10.6.5.2.2 Argentina: Kitchen Lighting Market, By Source
10.6.5.2.3 Argentina: Kitchen Lighting Market, By Product
10.6.5.3 Rest of SAM: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.6.5.3.1 Rest of SAM: Kitchen Lighting Market, By Type
10.6.5.3.2 Rest of SAM: Kitchen Lighting Market, By Source
10.6.5.3.3 Rest of SAM: Kitchen Lighting Market, By Product
11. Kitchen Lighting Market - Covid-19 Impact Analysis
11.1 Overview
11.1.1 North America: Impact Assessment of COVID-19 Pandemic
11.1.2 Europe: Impact Assessment of COVID-19 Pandemic
11.1.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
11.1.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
11.1.5 South America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Merger and Acquisition
12.4 New Development
13. Company Profiles
13.1 ACUITY BRANDS, INC.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Cree Lighting
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 OSRAM Licht AG
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 GE Lighting
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Panasonic Corporation
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Signify Holding (Philips)
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Hubbell Incorporated
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Kichler Lighting LLC
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Lutron Electronics Co., Inc
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Häfele GmbH & Co KG
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Global Kitchen lighting Market Revenue and Forecast to 2028 (US$ Million)
Table 2. North America: Kitchen lighting Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. North America: Kitchen lighting Market, By Source – Revenue and Forecast to 2028 (US$ Million)
Table 4. North America: Kitchen lighting Market, By Product – Revenue and Forecast to 2028 (US$ Million)
Table 5. North America: Kitchen lighting Market, By Country – Revenue and Forecast to 2028 (US$ Million)
Table 6. US: Kitchen Lighting Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. US: Kitchen Lighting Market, By Source – Revenue and Forecast to 2028 (US$ Million)
Table 8. US: Kitchen Lighting Market, By Product – Revenue and Forecast to 2028 (US$ Million)
Table 9. Canada: Kitchen Lighting Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. Canada: Kitchen Lighting Market, By Source – Revenue and Forecast to 2028 (US$ Million)
Table 11. Canada: Kitchen Lighting Market, By Product – Revenue and Forecast to 2028 (US$ Million)
Table 12. Mexico: Kitchen Lighting Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 13. Mexico: Kitchen Lighting Market, By Source – Revenue and Forecast to 2028 (US$ Million)
Table 14. Mexico: Kitchen Lighting Market, By Product – Revenue and Forecast to 2028 (US$ Million)
Table 15. Europe: Kitchen lighting Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 16. Europe: Kitchen lighting Market, By Source – Revenue and Forecast to 2028 (US$ Million)
Table 17. Europe: Kitchen lighting Market, By Product – Revenue and Forecast to 2028 (US$ Million)
Table 18. Europe: Kitchen lighting Market, By Country – Revenue and Forecast to 2028 (US$ Million)
Table 19. Germany: Kitchen Lighting Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 20. Germany: Kitchen Lighting Market, By Source – Revenue and Forecast to 2028 (US$ Million)
Table 21. Germany: Kitchen Lighting Market, By Product – Revenue and Forecast to 2028 (US$ Million)
Table 22. UK: Kitchen Lighting Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 23. UK: Kitchen Lighting Market, By Source – Revenue and Forecast to 2028 (US$ Million)
Table 24. UK: Kitchen Lighting Market, By Product – Revenue and Forecast to 2028 (US$ Million)
Table 25. France: Kitchen Lighting Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 26. France: Kitchen Lighting Market, By Source – Revenue and Forecast to 2028 (US$ Million)
Table 27. France: Kitchen Lighting Market, By Product – Revenue and Forecast to 2028 (US$ Million)
Table 28. Italy: Kitchen Lighting Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 29. Italy: Kitchen Lighting Market, By Source – Revenue and Forecast to 2028 (US$ Million)
Table 30. Italy: Kitchen Lighting Market, By Product – Revenue and Forecast to 2028 (US$ Million)
Table 31. Russia: Kitchen Lighting Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 32. Russia: Kitchen Lighting Market, By Source – Revenue and Forecast to 2028 (US$ Million)
Table 33. Russia: Kitchen Lighting Market, By Product – Revenue and Forecast to 2028 (US$ Million)
Table 34. Rest of Europe: Kitchen Lighting Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 35. Rest of Europe: Kitchen Lighting Market, By Source – Revenue and Forecast to 2028 (US$ Million)
Table 36. Rest of Europe: Kitchen Lighting Market, By Product – Revenue and Forecast to 2028 (US$ Million)
Table 37. APAC: Kitchen lighting Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 38. APAC: Kitchen lighting Market, By Source – Revenue and Forecast to 2028 (US$ Million)
Table 39. APAC: Kitchen lighting Market, By Product – Revenue and Forecast to 2028 (US$ Million)
Table 40. APAC: Kitchen lighting Market, By Country – Revenue and Forecast to 2028 (US$ Million)
Table 41. China: Kitchen Lighting Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 42. China: Kitchen Lighting Market, By Source – Revenue and Forecast to 2028 (US$ Million)
Table 43. China: Kitchen Lighting Market, By Product – Revenue and Forecast to 2028 (US$ Million)
Table 44. Japan: Kitchen Lighting Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 45. Japan: Kitchen Lighting Market, By Source – Revenue and Forecast to 2028 (US$ Million)
Table 46. Japan: Kitchen Lighting Market, By Product – Revenue and Forecast to 2028 (US$ Million)
Table 47. India: Kitchen Lighting Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 48. India: Kitchen Lighting Market, By Source – Revenue and Forecast to 2028 (US$ Million)
Table 49. India: Kitchen Lighting Market, By Product – Revenue and Forecast to 2028 (US$ Million)
Table 50. South Korea: Kitchen Lighting Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 51. South Korea: Kitchen Lighting Market, By Source – Revenue and Forecast to 2028 (US$ Million)
Table 52. South Korea: Kitchen Lighting Market, By Product – Revenue and Forecast to 2028 (US$ Million)
Table 53. Australia: Kitchen Lighting Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 54. Australia: Kitchen Lighting Market, By Source – Revenue and Forecast to 2028 (US$ Million)
Table 55. Australia: Kitchen Lighting Market, By Product – Revenue and Forecast to 2028 (US$ Million)
Table 56. Rest of APAC: Kitchen Lighting Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 57. Rest of APAC: Kitchen Lighting Market, By Source – Revenue and Forecast to 2028 (US$ Million)
Table 58. Rest of APAC: Kitchen Lighting Market, By Product – Revenue and Forecast to 2028 (US$ Million)
Table 59. MEA: Kitchen lighting Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 60. MEA: Kitchen lighting Market, By Source – Revenue and Forecast to 2028 (US$ Million)
Table 61. MEA: Kitchen lighting Market, By Product – Revenue and Forecast to 2028 (US$ Million)
Table 62. MEA: Kitchen lighting Market, By Country – Revenue and Forecast to 2028 (US$ Million)
Table 63. South Africa: Kitchen Lighting Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 64. South Africa: Kitchen Lighting Market, By Source – Revenue and Forecast to 2028 (US$ Million)
Table 65. South Africa: Kitchen Lighting Market, By Product – Revenue and Forecast to 2028 (US$ Million)
Table 66. UAE: Kitchen Lighting Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 67. UAE: Kitchen Lighting Market, By Source – Revenue and Forecast to 2028 (US$ Million)
Table 68. UAE: Kitchen Lighting Market, By Product – Revenue and Forecast to 2028 (US$ Million)
Table 69. Saudi Arabia: Kitchen Lighting Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 70. Saudi Arabia: Kitchen Lighting Market, By Source – Revenue and Forecast to 2028 (US$ Million)
Table 71. Saudi Arabia: Kitchen Lighting Market, By Product – Revenue and Forecast to 2028 (US$ Million)
Table 72. Rest of MEA: Kitchen Lighting Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 73. Rest of MEA: Kitchen Lighting Market, By Source – Revenue and Forecast to 2028 (US$ Million)
Table 74. Rest of MEA: Kitchen Lighting Market, By Product – Revenue and Forecast to 2028 (US$ Million)
Table 75. SAM: Kitchen lighting Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 76. SAM: Kitchen lighting Market, By Source – Revenue and Forecast to 2028 (US$ Million)
Table 77. SAM: Kitchen lighting Market, By Product – Revenue and Forecast to 2028 (US$ Million)
Table 78. SAM: Kitchen lighting Market, By Country – Revenue and Forecast to 2028 (US$ Million)
Table 79. Brazil: Kitchen Lighting Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 80. Brazil: Kitchen Lighting Market, By Source – Revenue and Forecast to 2028 (US$ Million)
Table 81. Brazil: Kitchen Lighting Market, By Product – Revenue and Forecast to 2028 (US$ Million)
Table 82. Argentina: Kitchen Lighting Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 83. Argentina: Kitchen Lighting Market, By Source – Revenue and Forecast to 2028 (US$ Million)
Table 84. Argentina: Kitchen Lighting Market, By Product – Revenue and Forecast to 2028 (US$ Million)
Table 85. Rest of SAM: Kitchen Lighting Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 86. Rest of SAM: Kitchen Lighting Market, By Source – Revenue and Forecast to 2028 (US$ Million)
Table 87. Rest of SAM: Kitchen Lighting Market, By Product – Revenue and Forecast to 2028 (US$ Million)
Table 88. List of Abbreviation
LIST OF FIGURES
Figure 1. Kitchen Lighting Market Segmentation
Figure 2. Kitchen Lighting Market Segmentation – By Geography
Figure 3. Global Kitchen Lighting Market Overview
Figure 4. Kitchen Lighting Market, By Type
Figure 5. Kitchen Lighting Market, By Source
Figure 6. Kitchen Lighting Market, By Product
Figure 7. Kitchen lighting Market, By Geography
Figure 8. North America – PEST Analysis
Figure 9. Europe – PEST Analysis
Figure 10. Asia-Pacific – PEST Analysis
Figure 11. Middle East and Africa – PEST Analysis
Figure 12. South America – PEST Analysis
Figure 13. Kitchen lighting Market- Ecosystem Analysis
Figure 14. Kitchen lighting Market Impact Analysis of Drivers and Restraints
Figure 15. Geographic Overview of Kitchen Lighting Market
Figure 16. Global Kitchen lighting Market Revenue Forecast and Analysis (US$ Million)
Figure 17. Kitchen Lighting Market Revenue Share, by Type (2020 and 2028)
Figure 18. General Kitchen Lighting: Kitchen Lighting Market– Revenue and Forecast to 2028 (US$ Million)
Figure 19. Task Kitchen Lighting: Kitchen Lighting Market– Revenue and Forecast to 2028 (US$ Million)
Figure 20. Decorative Kitchen Lighting: Kitchen Lighting Market– Revenue and Forecast to 2028 (US$ Million)
Figure 21. Kitchen Lighting Market Revenue Share, by Source(2020 and 2028)
Figure 22. Fluorescent: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. LED and OLED: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Kitchen Lighting Market Revenue Share, by Product (2020 and 2028)
Figure 25. Island Lights: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Pendant Lights: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Ceiling Lights: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Chandeliers: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Track Lighting: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Under Cabinet Lighting: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Others: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Global Kitchen lighting Market Revenue Share, By Region (2020 and 2028)
Figure 33. North America: Kitchen lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. North America: Kitchen lighting Market Revenue Share, By Type (2020 and 2028)
Figure 35. North America: Kitchen lighting Market Revenue Share, by Source (2020 and 2028)
Figure 36. North America: Kitchen lighting Market Revenue Share, by Product (2020 and 2028)
Figure 37. North America: Kitchen lighting Market Revenue Share, by Key Country (2020 and 2028)
Figure 38. US: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 39. Canada: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 40. Mexico: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 41. Europe: Kitchen lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 42. Europe: Kitchen lighting Market Revenue Share, By Type (2020 and 2028)
Figure 43. Europe: Kitchen lighting Market Revenue Share, by Source (2020 and 2028)
Figure 44. Europe: Kitchen lighting Market Revenue Share, by Product (2020 and 2028)
Figure 45. Europe: Kitchen lighting Market Revenue Share, by Key Country (2020 and 2028)
Figure 46. Germany: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 47. UK: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 48. France: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 49. Italy: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 50. Russia: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 51. Rest of Europe: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 52. APAC: Kitchen lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 53. APAC: Kitchen lighting Market Revenue Share, By Type (2020 and 2028)
Figure 54. APAC: Kitchen lighting Market Revenue Share, by Source (2020 and 2028)
Figure 55. APAC: Kitchen lighting Market Revenue Share, by Product (2020 and 2028)
Figure 56. APAC: Kitchen lighting Market Revenue Share, by Key Country (2020 and 2028)
Figure 57. China: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 58. Japan: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 59. India: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 60. South Korea: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 61. Australia: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 62. Rest of APAC: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 63. MEA: Kitchen lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 64. MEA: Kitchen lighting Market Revenue Share, By Type (2020 and 2028)
Figure 65. MEA: Kitchen lighting Market Revenue Share, by Source (2020 and 2028)
Figure 66. MEA: Kitchen lighting Market Revenue Share, by Product (2020 and 2028)
Figure 67. MEA: Kitchen lighting Market Revenue Share, by Key Country (2020 and 2028)
Figure 68. South Africa: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 69. UAE: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 70. Saudi Arabia: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 71. Rest of MEA: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 72. SAM: Kitchen lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 73. SAM: Kitchen lighting Market Revenue Share, By Type (2020 and 2028)
Figure 74. SAM: Kitchen lighting Market Revenue Share, by Source (2020 and 2028)
Figure 75. SAM: Kitchen lighting Market Revenue Share, by Product (2020 and 2028)
Figure 76. SAM: Kitchen lighting Market Revenue Share, by Key Country (2020 and 2028)
Figure 77. Brazil: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 78. Argentina: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 79. Rest of SAM: Kitchen Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 80. Impact of COVID-19 Pandemic in North America Country Markets
Figure 81. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 82. Impact of COVID-19 Pandemic in APAC Country Markets
Figure 83. Impact of COVID-19 Pandemic in Middle East and Africa Countries
Figure 84. Impact of COVID-19 Pandemic in South America Countries
The List of Companies - Kitchen lighting Market
- ACUITY Brands Inc.
- Cree Lighting
- OSRAM Licht AG
- GE Lighting
- Panasonic Corportaion
- Signify Holding
- Hubbell Incorporated
- Kichler Lighting
- Lutron Electronics
- Hafele GmbH &Co
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.