DecisionDatabases.com announces a new report “2018-2023 Global Trunking System Consumption Market Report” added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.

Trunking System here refers to LED Trunking Systems. Trunking System is an energy?efficient, low maintenance alternative to traditional linear fluorescent in a variety of industrial, commercial and light assembly applications.

It is the optimal solution for conventional lighting systems and also excellent for new installations due to its low installation cost ? everything in one box and installation is tool?less. It saves both time and costs when updating lighting systems. LED trunking system distributes the elegant and uniform light according to different applications like supermarket, retail places, warehouses, offices, lecture halls, play courts, gymnasium, workshops,car parks etc.

Philips accounted for 19.68% of the global Trunking System revenue market share in 2016. Followed players, GE lighting accounted for 10.22%, Havells Sylvania (Shanghai Feilo Acoustics) accounted for 6.10%.

Global giant manufactures mainly distributed in Europe. They have unshakable status in this field. The key product markets locate at Europe. Europe takes the market share of 49.56% in 2016.

The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service.

Consequently, they take the majority of the market share of high-end market.

Over the next five years, LPI(LP Information) projects that Trunking System will register a 7.6% CAGR in terms of revenue, reach US$ 160 million by 2023, from US$ 100 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Trunking System market by product type, application, key manufacturers and key regions.

To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:

Segmentation by product type:

    Narrow Distribution

    Wide Distribution

    Other

Segmentation by application:

    Commercial

    Industrial

    Warehouse

    Other

This report also splits the market by region:

    Americas

        United States

        Canada

        Mexico

        Brazil

    APAC

        China

        Japan

        Korea

        Southeast Asia

        India

        Australia

    Europe

        Germany

        France

        UK

        Italy

        Russia

        Spain

    Middle East & Africa

        Egypt

        South Africa

        Israel

        Turkey

        GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:

    Philips Lighting Holding

    GE lighting

    Havells Sylvania (Shanghai Feilo Acoustics)

    Siteco Beleuchtungstechnik GmbH (OSRAM)

    Zumtobel Group

    TRILUX Group Management GmbH

    Aura Light International

    Luxon LED

    Thorlux Lighting (F.W. Thorpe Plc Group)

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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

• To study and analyze the global Trunking System consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
• To understand the structure of Trunking System market by identifying its various subsegments.
• Focuses on the key global Trunking System manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the Trunking System with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the consumption of Trunking System submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.

Table of Contents – Snapshot

1 Scope of the Report

2 Executive Summary

3 Global Trunking System by Players

4 Trunking System by Regions

5 Americas

6 APAC

7 Europe

8 Middle East & Africa

9 Market Drivers, Challenges and Trends

10 Marketing, Distributors and Customer

11 Global Trunking System Market Forecast

12 Key Players Analysis

13 Research Findings and Conclusion

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