World - Electric Table, Desk, Bedside Or Floor Standing Lamp - Market Analysis, Forecast, Size, Trends and Insights
CoeLux’s Artificial Sun Shakes Up the Lighting Industry
The Italian company CoeLux has come up with a cutting-edge lighting technology that recreates the effect of sunlight indoors. The trick is not only to produce this effect, but to create the atmospheric conditions as well. High tech LED skylights imitate a cloudless sunny day, making the artificial sun seem that much more realistic. The artificial sun actually fooled people into thinking that there was a crack in the ceiling.
This technology was invented by scientists who harnessed the use of a thin nanoparticle coating to flawlessly imitate sunlight through the planet's atmosphere and the Rayleigh scattering effect. Thanks to this, it is not only the color that is recreated, but the light quality too.
The primary aim of such lighting is to provide natural looking sunlight to sterile environments such as hospitals, gyms, offices and underground spaces. The technology created by CoeLux can also be a find for photographers, who will be able to recreate natural sunlight in their studios. However, this lightning source and its installation are still extremely expensive. The company is determined to enhance this technology by adding a handful of extra functions to the artificial sun, such as the position of the sun and a dynamic color temperature.
Despite breakthrough innovations, Italy's lamp exports decreased last year and the country took the second spot in the global trade of electric table, desk and bedside or floor standing lamps. In 2014, Italy exported 4.1 thousand tonnes of electric table, desk and bedside or floor standing lamps totaling 179 million USD, 2% under the previous year. Its primary trading partner was Germany, where it supplied 16.8% of its total exports of electric table, desk and bedside or floor standing lamps in value terms, accounting for 10.0% of Germany's total imports.
From 2007 to 2014, Italy was a net exporter of electric table, desk and bedside or floor standing lamps. Over this period, exports consistently exceeded imports in value terms. However, in physical terms, imports consistently exceeded exports.
China and Germany were among the other main global suppliers of electric table, desk and bedside or floor standing lamps in 2014. However, the fastest growing exporters from 2007 to 2014 were China (+22.3% per year) and the Netherlands (+11.6% per year). With this sustained growth, China was able to significantly strengthen its position in the global export structure.
Italy's top 5 trading partners in 2014 were Germany, France, Switzerland, the Russian Federation and the U.S., with a combined 45.8% share of Italy's exports of electric table, desk and bedside or floor standing lamps. The share of Switzerland increased slightly (+2.5 percentage points), while the share of Spain illustrated negative dynamics (-4.2 percentage points).
Source: IndexBox AI Platform
This report provides an in-depth analysis of the global market for table, bedside and floor lamp. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
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