Report overview
Track lighting is a method of lighting where light fixtures are attached anywhere on a continuous track device which contains electrical conductors. This is as opposed to the routing of electrical wiring to individual light positions. Tracks can be mounted to ceilings or walls, lengthwise down beams, or crosswise across rafters or joists. They can also be hung with rods from especially high places like vaulted ceilings.
This report aims to provide a comprehensive presentation of the global market for Track Lighting, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Track Lighting. This report contains market size and forecasts of Track Lighting in global, including the following market information:
Global Track Lighting Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Track Lighting Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Track Lighting companies in 2022 (%)
The global Track Lighting market was valued at US$ 2197.8 million in 2022 and is projected to reach US$ 3615.3 million by 2029, at a CAGR of 7.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Track Lighting key players include Philips Lighting, Acuity Brands, Hubbell, Eglo, ITAB Group, etc. Global top five manufacturers hold a share about 20%. Asia Pacific is the largest market, with a share about 35%, followed by Europe, with a share about 25 percent. In terms of product, LED Track Lighting is the largest segment, with a share about 50%. And in terms of application, the largest application is Residential, followed by Commercial.
We surveyed the Track Lighting manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Track Lighting Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Track Lighting Market Segment Percentages, by Type, 2022 (%)
Halogen Track Lighting
LED Track Lighting
Incandescent Track Lighting
Global Track Lighting Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Track Lighting Market Segment Percentages, by Application, 2022 (%)
Residential
Commercial
Global Track Lighting Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Track Lighting Market Segment Percentages, By Region and Country, 2022 (%)
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 Track Lighting revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Track Lighting revenues share in global market, 2022 (%)
Key companies Track Lighting sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Track Lighting sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Philips Lighting
Acuity Brands
Hubbell
Eglo
ITAB
Eaton
Endo Lighting
WAC Lighting
Intense Lighting
AFX INC
Nora Lighting
AIXEN LITE
Jesco Lighting
Satco
LBL Lighting
Rayconn
Kehei Lighting
Outline of Major Chapters:
Chapter 1: Introduces the definition of Track Lighting, market overview.
Chapter 2: Global Track Lighting market size in revenue and volume.
Chapter 3: Detailed analysis of Track Lighting manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Track Lighting in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Track Lighting capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
