The Global Fluorescent Lighting Market Study, released by HTF MI, is a comprehensive analysis of the market that spans over 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The market study’s segmentation by important regions is accelerating the marketization process.
The report profiles major companies such as Philips Lighting (Signify), GE Lighting, Osram, Sylvania, Cree Inc., Panasonic, Cooper Lighting, Feit Electric, TCP Lighting, Havells, Acuity Brands, Satco, Fulham, Venture Lighting, Westinghouse Lighting, FSL, Ledvance, MaxLite, and RAB Lighting.
According to the report, the global Fluorescent Lighting market is projected to expand at a compound annual growth rate (CAGR) of 5% from 2025 to 2032, from $4.5 billion in 2025 to $6.5 billion by 2032. The market is driven by cost-effectiveness and energy efficiency compared to incandescent bulbs.
The report also highlights the market trends, including the transition towards LED and smart lighting systems, and the dominating region being North America. The report also provides a detailed analysis of the market segments by type, such as Compact Fluorescent Lamps (CFLs), T5/T8/T12 Tube Lights, UV Fluorescent Lamps, and Full-Spectrum Fluorescent Lights, and by application, such as Commercial & Residential Lighting, Industrial & Warehouse Lighting, and Retail & Hospitality.
The report also provides a five forces analysis, including the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry. Additionally, the report includes a PESTLE analysis, which covers Political, Economical, Social, Technological, Legal, and Environmental factors that affect the market.
Overall, the Global Fluorescent Lighting Market Study provides a detailed and comprehensive analysis of the market, including its trends, drivers, and challenges, as well as its competitive landscape and market forecast.