Residential Market

Residential market: discover recently published datasets secured by an Ai-driven market intelligence tool. Information contain trade, imports, market prices, production, consumption, companies, exports, and market size. Here is a split by region, including Africa, the Middle East, the U.K., EU, Russia, the U.S., China, and Latin America. Market trends and forecast to 2030 are also featured in the dashboards.

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Residential - World's Largest Markets

Rating	Country
1	United States
2	China
3	India
4	Mexico
5	Germany

In value terms, the United States, China and India appeared to be the countries with the highest levels of market value in 2020, together accounting for 58% of the global market. Mexico, Germany, France, the UK, Egypt, Vietnam, Russia, Thailand and the Philippines lagged somewhat behind, together accounting for a further 21%.

In terms of the main consuming countries, the Philippines saw the highest rates of growth with regard to market size, over the period under review, while market of residential, commercial and industrial lighting fixture for the other global leaders experienced more modest paces of growth.

Residential, commercial and industrial lighting fixture Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per unit			CAGR, 2018-2020
China	9.7	11	11	5.4%
Netherlands	16	15	15	-2.6%
Poland	19	18	18	-0.7%
Austria	18	20	21	8.6%
Germany	20	21	21	4.5%
Italy	25	25	28	5.9%
Mexico	22	18	34	25.0%
Average	13	14	13	2.7%

Prices varied noticeably by the country of origin; the country with the highest price was Mexico ($34 per unit), while China ($11 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per unit			CAGR, 2018-2020
Canada	17	17	21	12.9%
United States	17	15	16	-3.3%
Switzerland	14	14	15	1.2%
Germany	13	13	14	3.3%
Poland	12	13	14	7.7%
France	17	14	12	-16.2%
Netherlands	12	12	12	0.7%
Italy	13	12	12	-2.3%
United Kingdom	12	11	12	-1.2%
Spain	11	11	11	0.3%
Russia	6.1	6	6	-0.8%
Brazil	5.2	4.4	4.2	-10.1%
Philippines	2.5	2.2	2	-10.6%
Average	13	13	13	-0.4%

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($21 per unit), while the Philippines ($2 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Canada, while the other global leaders experienced more modest paces of growth.

Residential, Commercial and Industrial Lighting Fixture - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
United States	5.9	5.2	4.8	-9.2%
Germany	1.6	1.5	1.6	0.6%
France	1.1	1	1	-6.9%
Canada	0.8	0.7	0.7	-4.7%
United Kingdom	0.8	0.8	0.7	-7.5%

In value terms, the United States ($4.8B) constitutes the largest market for imported residential, commercial and industrial lighting fixture worldwide, comprising 27% of global imports. The second position in the ranking was occupied by Germany ($1.6B), with a 8.9% share of global imports. It was followed by France, with a 5.3% share.

From 2018 to 2020, the average annual growth rate of value in the United States stood at -9.2%. In the other countries, the average annual rates were as follows: Germany (+0.6% per year) and France (-6.9% per year).

Residential, Commercial and Industrial Lighting Fixture - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
China	10	13	14	16.4%
Mexico	1.6	1.4	1.3	-10.8%
Germany	1.1	1.1	1.2	5.1%
Italy	0.9	0.8	0.9	0.2%
Austria	0.5	0.5	0.7	17.7%

In value terms, China ($14.2B) remains the largest residential, commercial and industrial lighting fixture supplier worldwide, comprising 59% of global exports. The second position in the ranking was occupied by Mexico ($1.3B), with a 5.5% share of global exports. It was followed by Germany, with a 5% share.

In China, exports of residential, commercial and industrial lighting fixture increased at an average annual rate of +16.4% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Mexico (-10.8% per year) and Germany (+5.1% per year).

Residential, Commercial and Industrial Lighting Fixture - Market Forecast

Driven by rising demand for residential, commercial and industrial lighting fixture worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Residential, Commercial and Industrial Lighting Fixture - Top Companies

Philips Lighting North America Corporation, Eaton Electric Holdings LLC, Cooper Industries, LLC, Osram Sylvania Inc, Wooree Lighting Co. Ltd.,, IRIS OHYAMA INC., TOSHIBA LIGHTING & TECHNOLOGY CORPORATION, Armstrong World Industries, Inc., Handan Jinlong Sound & Light Devices Co.,Ltd., KOITO KYUSHU K.K., Zumtobel Lighting GmbH, IWASAKI ELECTRIC CO.,LTD., ENDO LIGHTING CORPORATION, DAIKO ELECTRIC CO., LTD., ODELIC CO., LTD., PANASONIC LIGHTING SYSTEMS CO., LTD., SHIZUOKA-DENSO CO., LTD., Minquan County Shenqiao Illumination Lamps Technology Co.,Ltd., MITSUBISHI ELECTRIC LIGHTING CORPORATION, Holophane Corporation

Residential - Product Coverage

HS 940510 - Chandeliers and other electric ceiling or wall light fittings; excluding those used for lighting public open spaces or thoroughfares
HS 940520 - Lamps, electric; floor-standing or for table, desk or bedside

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