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European Lighting Equipment (Luminaires) Market

EU Directives and Technology Developments are Driving the Return to Growth

  • Research Code : M958-01-00-00-00
  • SKU : EN00014-EU-MR_00742
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  • Release Date : 22-Aug-2013
  • Region : Europe
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New energy-efficient luminaires allow luminaires' manufacturers to tap into opportunities both in the replacement market and fresh installations. The European Union (EU) directives aid the growth of this market, supplemented by EU initiatives, partnerships, and funded technical pilot projects. These benefit the companies in this space to strategically position themselves in the market and win projects. Educating the customers on the return on investment from advanced luminaires against the initial cost of investment is the key challenge for these companies. Market forecast is provided for high growth opportunities in the outdoor and institutional end-user segments.

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