Recessed Lighting Market

A recessed light (also known as can lights or downlight) is a light fixture that is installed into a hollow opening in a ceiling. When installed it appears to have light shining from a hole in the ceiling, concentrating the light in a downward direction as a broad floodlight or narrow spotlight.
Recessed Lighting fixtures are comprised of three main parts, namely, the bulb, decorative trim and the housing.
Recessed lights have remained a favorite choice for modern, streamlined lighting in kitchens, bathrooms, hallways, basements, and in commercial spaces. They are used for both accent and general lighting, and because they are relatively compact, they work wonderfully in small spaces.
Recessed Lighting Market contains market size and forecasts of Recessed Lighting in Global, including the following market information:
Global Recessed Lighting Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Recessed Lighting market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
LED Recessed Lighting Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Recessed Lighting include Osram GmbH, Elegant Lighting Inc, Philips Lighting Holding B.V., Halo Commercial, Cree Inc., Globe Electric, Acuity Brands Lighting Inc., General Electric Company and Eterna Lighting Ltd., etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Recessed Lighting companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Recessed Lighting Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Recessed Lighting Market Segment Percentages, by Type, 2021 (%)
LED Recessed Lighting
Compact Fluorescent Recessed Lighting (CFL)
Incandescent Bulbs Recessed Lighting
Halogen Recessed Lighting
Others
Global Recessed Lighting Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Recessed Lighting Market Segment Percentages, by Application, 2021 (%)
Residential
Commercial
Industrial
Institutions/Schools
Others
Global Recessed Lighting Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Recessed Lighting Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Recessed Lighting revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Recessed Lighting revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Osram GmbH
Elegant Lighting Inc
Philips Lighting Holding B.V.
Halo Commercial
Cree Inc.
Globe Electric
Acuity Brands Lighting Inc.
General Electric Company
Eterna Lighting Ltd.
Herbert Waldmann GmbH & Co. KG
Eaton Corporation PLC
Hubbell Incorporation
KLS Martin Group
Cooper Lighting, LLC
Zumtobel Lighting GmbH
LSI Industries
Juno Lighting Group
Juno Lighting Group