MRO Magazine

General Lighting Market in Brazil – Trends & Forecast Now Available From Technavio


September 28, 2015
By Business Wire News

LONDON

Technavio has published a new report on the general lighting market in Brazil,which is expected to grow at a CAGR of nearly 14% from 2015-2019.

General lighting market segmentation including application, type, technology, and form

Technavio’s report analyses the solutions and products offered by market vendors and presents a comprehensive breakdown in terms of market segmentation for different technologies, including LED, HID, CFL, LFL, halogen, and incandescent.

Additionally, analysts have segmented market projections by type, and also by form, focusing on luminaire market and replacement market.

The new report by Technavio also emphasizes the rise in demand for architectural lighting fixtures and personalized luminaries, which is driven by the growth in sophisticated lifestyle and increasing trend of decorating domestic interiors.

“Philips has introduced its stylish range of lighting known as Hue, which can connect with Nest thermostat, a motion sensor that can sense the presence of a person and switch on the lights,” says Faisal Ghaus, Vice President of Technavio.

General lighting: Market scope and calculation of market size

This report covers the present scenario and growth prospects for the general lighting market in Brazil from 2015-2019. To calculate the market size, we considered revenue generated by different application segments such as residential, commercial, industrial, architecture, and outdoor.

Industry analysis includes:

  • Key Vendors:
    • GE
    • Panasonic
    • Koninklijke Philips
    • Schneider Electric
  • Market Growth Drivers:
    • Upcoming 2016 Summer Olympics
    • Stringent government regulations
  • Market Challenges:
    • High import duties
    • Economic uncertainty in Brazil
  • Market Trends:
    • Rise in demand for architectural lighting fixtures
    • Increase in demand for green lighting

View the general lighting market in Brazil report.

Technavio currently has more than 3000 market research reports on a huge range of topics, including 200+ reports on the lighting market:

If you are interested in more information, please contact our media team at media@technavio.com.

Technavio Research
Jesse Maida
US: +1 630 333 9501
UK: +44 208 123 1770
Media & Marketing Executive
www.technavio.com
media@technavio.com