Transparency Market
Research’s (TMR) featured report, titled “U.S. Lighting Products
And Ceiling Fan Market Analysis, Forecast By Retailers 2011 - 2016”,
offers key insights into the said market. According to the report,
the overall U.S. lighting products market revenue in the U.S. through
retailers is projected to expand at a 2.9% CAGR during the forecast
period from 2011 to 2016. In 2011, the revenue in the overall
lighting products market was noted at US$5.5 bn and by 2016, the
revenue is projected to be US$6.3 bn.
Browse the full U.S.
Lighting Products (Chandeliers, Table Lamps, Floor Lamps, Wall
Sconce, Vanity Lights, Flush Mounts, Pendants, And Outdoor Lanterns)
And Ceiling Fan Market Analysis, Forecast By Retailers 2011 - 2016
report at
http://www.transparencymarketresearch.com/us-lighting-products-market.html
Broadly, the U.S.
lighting products and ceiling fan market is segmented by product type
and retailers. On the basis of product type, the U.S. lighting
products and ceiling fan market is divided into outdoor lanterns,
pendants, flush mounts, vanity lights, wall scones, floor lamps,
table lamps, and chandeliers.The demand for floor lamps in the market
is high. The floor lamps segment held the largest share in the U.S.
lighting products and ceiling fan market and is projected to lead the
market in the coming few years as well. The floor lamps sector is
projected to be the largest contributor in the U.S. lighting products
and ceiling fan market with a 20.6% share by 2016. By 2016, the
ceiling fans segment is projected to have a market revenue
contribution of 20.1% in the U.S. lighting products and ceiling fan
market.
On the basis of
retailers, the U.S. lighting products and ceiling fan market is
divided into Menards, Costco, Sam’s Club, Bed Bath & Beyond,
Wal-Mart, Target, Lowes, and The Home Depot. In the U.S. lighting
products and ceiling fan market, some of the common retail channels
are home improvement stores, electric departmental stores, small
retailers, discount stores, and specialty stores.The Home Depot and
Lowe’s are the two giants in the U.S. lighting products and ceiling
fan market, holding a dominant share. Due to cost-effective deals on
an everyday basis, along with excellent customer service, Costco is a
one of the most popular retail channels in the U.S. lighting products
and ceiling fan market.
The U.S. lighting
products and ceiling fan market is driven by the surging demand for
reliable and uninterrupted supply of electricity. In addition to
this, the U.S. lighting products and ceiling fan market is also
driven by the insufficient power infrastructure of the nation. The
U.S. lighting products and ceiling fan market will also benefit from
the high focus of a large pool of retailers on the non-residential
sector on contract-based sales.At present, the construction segment
dominates the U.S. lighting products and ceiling fan market and is
projected to prosper substantially during the forecasting horizon.
Factors such as the rising disposable income levels, growing
preference of consumers for a better lifestyle, and accelerating
number of home improvement projects are also fueling the demand for
lighting products and ceiling fans in the market.Furthermore, the
rising efficiency of lighting products and ceiling fans will further
boost the U.S. lighting products and ceiling fan market. Key players
in the U.S. lighting products and ceiling fan market are increasingly
launching products that are affordable and offer enhanced efficiency.
Key Segments of the
U.S. Lighting Products and Ceiling Fan Market
Product Type
Ceiling Fan
Chandeliers
Table Lamps
Floor Lamps
Wall Sconce
Vanity Lights
Flush mounts
Pendants
Outdoor Lanterns
Retailers
The Home Depot
Lowes
Target
Wal-Mart
Bed Bath &
Beyond
Sam’s Club
Costco
Menards
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