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Hospital Lighting Market - Emerging Economies in Asia Offer Great Growth Opportunities http://www.marketsandmarkets.com/Market-Reports/hospital-lighting-market207496480.html
The report "Hospital Lighting Market by Product (Troffers, Surface-mounted lights, Surgical lamps), Technology ( Fluorescent, LED, Renewable Energy) Application (Patient Wards & ICUs, Examination Rooms, Surgical Suites - Global Forecast to 2021", The report provides a detailed overview of the major drivers, opportunities, and strategies impacting the hospital lighting market along with the estimates and forecasts of the revenue and market share analysis. Browse: 69 market data tables 48 figures 122 pages And in-depth TOC on ÍžHospital Lighting MarketÍ&#x; Download The PDF Brochure@ http://www.marketsandmarkets.com/pdfdownload.asp?id=207496480 The hospital lighting market is projected to reach USD 7.03 Billion by 2021 from USD 5.19 Billion in 2016, at a CAGR of 6.2% from 2016 to 2021.
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Globally, the hospital lighting market is witnessing growth due to increasing adoption of LED based lighting products and increasing number of hospital in emerging economies. Moreover, increasing government support to energy efficiency program for hospitals is contributing to the growth of hospital lighting market. Talk To Our Research Experts@ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=207496480 Many of the key players in the market are focusing on the strategies of product launches, expansion, agreements, partnerships, collaborations, acquisitions to strengthen their
foothold in the market. Based on product, the hospital lighting market is troffers, surface-mounted lights, surgical lights and other products. Troffers segment is expected to grow at the highest growth rate in the forecast period. The factors driving the market of increasing adoption of LED based troffers in hospitals globally. http://www.marketsandmarkets.com/Market-Reports/hospital-lighting-market-207496480.html
Based on technology, the hospital lighting market is segmented fluorescent, LED, renewable energy and other technologies. The LED technology segment is projected to witness the highest growth in this market due to the longer shelf life, increasing adoption of LED, and technological advantages over traditional lighting.
Based on application, the hospital lighting market is segmented patient wards & ICUs,
examination rooms, surgical suites and other applications. The patient wards & ICUs segment is projected to witness the highest growth rate in this market due to the increasing number of hospitals in emerging economics. In the coming five years, growth in
the hospital lighting market is likely to be centered in Asia. Growth in this region can be attributed to the increasing number of hospitals, growing population, and government initiatives for the improvement of healthcare infrastructure.
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The hospital lighting market is consolidated in nature due to the presence of a few large
players. The prominent players in the market include General Electric Company (U.S.),
Acuity Brands Lighting Inc. (U.S.), Cree Inc. (U.S.), Eaton Corporation PLC (Ireland), Hubbell
Incorporated (U.S.), Koninklijke Philips N.V. (Netherlands), and Zumtobel Group AG
(Austria). Other players in this market include Herbert Waldmann GmbH & Co. KG
(Germany), KLS Martin Group (Germany), and Trilux Lighting Ltd (U.K.).
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