Lucintel Forecasts the Global CFL Lighting Product Market to Grow with a CAGR of 8.7% from 2025 to 2031
Lucintel Forecasts the Global CFL Lighting Product Market to Grow with a CAGR of 8.7% from 2025 to 2031
Blog Article
According to a market report by Lucintel, the future of the global CFL lighting product market looks promising with opportunities in the residential, commercial, industrial, and outdoor markets. The global CFL lighting product market is expected to grow with a CAGR of 8.7% from 2025 to 2031. The major drivers for this market are rising awareness of energy efficiency, growing adoption of environmentally-friendly solutions, and increasing government regulations and incentives.
A more than 150-page report to understand trends, opportunity and forecast in global CFL lighting product market to 2031 by type (general lighting, automotive lighting, and others), application (residential, commercial, industrial, outdoor, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, general lighting is expected to witness higher growth over the forecast period.
Within the application category, residential is expected to witness the highest growth due to growing use of lighting products in households.
In terms of region, APAC is expected to witness the highest growth over the forecast period due to growing demand for energy-efficient solutions.
GE Lighting, Philips, Panasonic Corporation, OSRAM Licht, Schneider Electric, CREE, Citizen Electronics, Lumerica, Havells India, Ledtronics are the major suppliers in the CFL lighting product market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056