A
new market research report published by Transparency Market Research
and titled “Commercial Fluorescent Lighting Market - Latin America
Industry Scenario, Size, Share, Trends, Analysis and Forecast, 2011 -
2017” states that the commercial fluorescent lighting market in
Latin America is expected to touch US$531.2 million in 2017 with a
progressive growth at a 16.5% CAGR between 2011 and 2017. As per the
report, the Latin American commercial fluorescent lighting market was
valued at US$212.3 million in 2011. The research report provides an
in-depth analysis of the industry, including a detailed elaboration
upon the market drivers and challenges faced by the key players in
the market.
The
research report has segmented the Latin America commercial
fluorescent lighting industry into five countries, namely Costa Rica,
Cuba, Panama, Jamaica, and the Dominican Republic. The report has
provided a comprehensive assessment of the commercial fluorescent
lighting markets in these Latin American countries, including the key
market trends and market revenue for the forecast period.The
commercial fluorescent lighting market of Latin America provides a
variety of products to the customers, increasing the popularity of
the commercial fluorescent lighting market. The high lumen efficacy
of the products has been proved to be cost-efficient in terms of
power consumption, which will boost the demand in the forecast
period. Another driving factor of the commercial fluorescent lighting
market is its lower initial cost. In addition to this, the lifespan
of the products is longer with a lower maintenance expense. The
growing industrialization and population of Latin America is also
playing a major part in fueling the demand from the commercial
fluorescent lighting market in Latin America.
On
the flip side, the use of phosphor and mercury in the production
process of commercial fluorescent lighting, which emits toxic gases,
is casting an adverse effect on human life and environment. Moreover,
the products consume a lot of time in attaining full brightness and
interfere with radio wavelengths. New optional products are proved to
be inefficient when exposed to high temperature and they also add to
a high initialization cost.
Browse
the full Commercial Fluorescent Lighting Market - Latin America
(Costa Rica, Cuba, Jamaica, Dominican, and Panama) Industry Scenario,
Size, Share, Trends, Analysis and Forecast, 2011 - 2017 report at
http://www.transparencymarketresearch.com/commercial-fluorescent-lighting-market.html
After
the introduction of commercial fluorescent lights in 1938, the market
for incandescent lights started declining. Since that time,
fluorescent lights have been going through a number of technological
developments and have been positioned to fit the current shifts in
the lifestyle of most of the urban world. The commercial fluorescent
lights market is still open for new investment and allowing new
market players into the industry. The report has provided an
elaborate study of the key players in the market along with a
financial overview and SWOT analysis. The key market players in the
commercial fluorescent lights market are Cooper Lighting, Osram
Sylvania, Philips Lighting, GE Lighting, and Acuity Brands.
Request
a Sample of this Report :
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=594
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