About general lighting
General lighting includes incandescent, fluorescent, LED, and tungsten photonic lighting. LED lighting devices have advantages such as high-intensity brightness, low voltage and current requirements, low radiated heat, high reliability, negligible UV rays, and a long lifespan. With such advantages, LED lights are easily adopted, thus, increasing the penetration of LED in the general lighting market.
Technavio's analysts forecast the general lighting in Brazil market to grow at a CAGR of 13.82% over the period 2014-2019.
Covered in this report
This report covers the present scenario and growth prospects of the general lighting market in Brazil during 2015-2019. To calculate the market size, the report considers revenue generated from the residential, commercial, industrial, architecture, and outdoor segments. The report also covers the technology landscape of the lighting industry and provides an understanding of the LED lighting supply chain. The report presents an overview of Brazil, stating significant facts and information influencing the growth of the market. In this report, the market has been categorized based on the following:
Technavio Announces the Publication of its Research Report – General Lighting Market in Brazil 2015-2019
Technavio recognizes the following companies as the key players in the General Lighting Market in Brazil: GE, Panasonic, Koninklijke Philips and Schneider Electric
Other Prominent Vendors in the market are: Cree, Nichia, OSRAM Opto and Seoul
Commenting on the report, an analyst from Technavio’s team said: “Rise in sophisticated lifestyle and increasing trend of decorating domestic interiors have opened new avenues for architectural lighting and personalized luminaries. Architectural lighting emphasizes the important features of a building or a setting. These include floor luminaires, outdoor floodlights, or decorative lamps of different shapes and sizes. Philips has introduced its stylish range of lighting known as Hue, which can connect with Nest Thermostat, a motion sensor that can sense the presence of a person and switch on the lights. It can also be connected to fire alarms to detect smoke. In addition, it can be linked to music systems to change lighting colors in sync with the beats. Also, there are lighting series specially designed for children.”
According to the report, Brazil is hosting the upcoming 2016 Summer Olympics. More than 200 countries are likely to participate in it. Such a mega event requires huge infrastructure. The Brazilian government has announced several infrastructure projects such as construction of stadiums, theme parks, and public transport and utility infrastructure. It will also lead to construction of hotels, malls, and other commercial complexes, which will have a positive effect on the market, especially the LED lighting segment.
Further, the report states that the market is facing a tough challenge because of high import duties and sluggish economy.
GE, Panasonic, Koninklijke Philips, Schneider Electric, Cree, Nichia, OSRAM Opto, Seoul
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