Summary
The global and Chinese economies were hit hard in 2020, and the global GDP grew by XX% in 2021. Although the global growth prospects improved and there was a V-shaped rebound, this does not mean that the economy has really recovered to the level before the epidemic. The vast majority of countries are still in the stage of recovery after heavy damage and are far from achieving real recovery.
2023 is a year of continuous recovery. Global supply chain disturbance, geopolitical tension, energy price fluctuation, local labor shortage and rising raw material prices will affect the resilience of economic recovery. The International Monetary Fund (IMF) predicts that the world economy will grow by XX% in 2023, of which the U.S. economy will grow by about XX%. Driven by China and India, Asia is expected to become the fastest growing region in the world in 2023. However, China's economic growth has slowed down. The 2023 government work report shows that the expected target of economic growth is set at about XX%.
According to research, China has set a growth rate of about XX%, which not only focuses on the speed of economic growth, but also anchors the quality of economic development. Scientific and technological innovation, economic and social digitization and green development will be the long-term goals of China's economic development. It is expected that in 2023, major economies such as the United States, Europe and China will introduce more favorable policies to drive the development of switching power supply industry.
VIC Research released the 《Global Track Lighting Market Segment Research Report 2023》, which aims to sort out the development status and trends of the Track Lighting industry at home and abroad, estimate the overall market scale of the Track Lighting industry and the market share of major countries, Track Lighting industry, and study and judge the downstream market demand of Track Lighting through systematic research, Analyze the competition pattern of Track Lighting, so as to help solve the pain points of various stakeholders in Track Lighting industry. This industry research report combines desktop research, qualitative interviews with insiders or experts and other methods to strive for the objectivity and integrity of conclusions and data.
Regional Segmentation (Value; Revenue, USD Million, 2019-2028) of Track Lighting Market by VIC Research Include
USA
Europe
China
Japan
India
Korea
Southeast Asia
Competitive Analysis; Who are the Major Players in Track Lighting Market?
Juno
Eaton
Lithonia Lighting
Satco
Hubbell Lighting
Intense Lighting
AFX INC
Nora Lighting
WAC Lighting
AIXEN LITE
Eglo
LBL Lighting
Kichler Lighting
Kendal Lighting
EnviroLite
Rayconn
Shenzhen Kehei Lighting Technology
Major Type of Track Lighting Covered in VIC Research report:
Halogen Track Lighting
LED Track Lighting
Incandescent Track Lighting
Application Segments Covered in VIC Research Market
Residential
Commercial
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Track Lighting Market Segment Research Report 2023
1. Research Scope
2. Market Overview
2.1 Product Introduction, Application, Picture
2.2 Global Track Lighting Market by Value
2.2.1 Global Track Lighting Revenue by Type
2.2.2 Global Track Lighting Market by Value
2.3 Global Track Lighting Market by Sales
2.3.1 Global Track Lighting Sales by Type
2.3.2 Global Track Lighting Market by Sales
3. The Major Driver of Track Lighting Industry
3.1 Historical & Forecast Global Track Lighting Sales and Revenue (2019-2028)
3.2 Largest Application for Track Lighting (2019-2028)
3.3 The Major Downstream Company in China Market 2023
4. Global and Regional Track Lighting Market
4.1 Regional Market Size in Terms of Sales (2023 & 2028)
4.2 Regional Market Share in Terms of Revenue (2023 & 2028)
4.3 Concentration Ratio (CR5& CR10) of Track Lighting Market
4.4 Mergers & Acquisitions, Expansion Plans
5. US Track Lighting Sales (2019-2028)
5.1 Current and Estimated Sales Breakdown by Type (2019-2028)
5.2 Current and Estimated Sales Breakdown by Application (2019-2028)
5.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
5.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
6. Europe Track Lighting Sales (2019-2028)
6.1 Current and Estimated Sales Breakdown by Type (2019-2028)
6.2 Current and Estimated Sales Breakdown by Application (2019-2028)
6.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
6.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
7. China Track Lighting Sales (2019-2028)
7.1 Current and Estimated Sales Breakdown by Type (2019-2028)
7.2 Current and Estimated Sales Breakdown by Application (2019-2028)
7.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
7.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
8. Japan Track Lighting Sales (2019-2028)
8.1 Current and Estimated Sales Breakdown by Type (2019-2028)
8.2 Current and Estimated Sales Breakdown by Application (2019-2028)
8.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
8.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
9. India Track Lighting Sales (2019-2028)
9.1 Current and Estimated Sales Breakdown by Type (2019-2028)
9.2 Current and Estimated Sales Breakdown by Application (2019-2028)
9.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
9.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
10. Korea Track Lighting Sales (2019-2028)
10.1 Current and Estimated Sales Breakdown by Type (2019-2028)
10.2 Current and Estimated Sales Breakdown by Application (2019-2028)
10.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
10.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
11. Southeast Asia Track Lighting Sales (2019-2028)
11.1 Current and Estimated Sales Breakdown by Type (2019-2028)
11.2 Current and Estimated Sales Breakdown by Application (2019-2028)
11.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
11.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
12. South America Track Lighting Sales (2019-2028)
12.1 Current and Estimated Sales Breakdown by Type (2019-2028)
12.2 Current and Estimated Sales Breakdown by Application (2019-2028)
12.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
12.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
13. Global Track Lighting Average Price Trend
13.1 Market Price for Each Type of Track Lighting in US (2019-2023)
13.2 Market Price for Each Type of Track Lighting in Europe (2019-2023)
13.3 Market Price for Each Type of Track Lighting in China (2019-2023)
13.4 Market Price for Each Type of Track Lighting in Japan (2019-2023)
13.5 Market Price for Each Type of Track Lighting in India (2019-2023)
13.6 Market Price for Each Type of Track Lighting in Korea (2019-2023)
13.7 Market Price for Each Type of Track Lighting in Southeast Asia (2019-2023)
13.8 Market Price for Each Type of Track Lighting in South America (2019-2023)
14. Industrial Chain (Impact of COVID-19)
14.1 Track Lighting Industrial Chain Analysis
14.2 Downstream
14.3 Impact of COVID-19
14.4 Post-pandemic Era
14.5 Technology Trends of Track Lighting
15. Track Lighting Competitive Landscape
15.1 Juno
15.1.1 Juno Company Profiles
15.1.2 Juno Product Introduction
15.1.3 Juno Track Lighting Sales, Revenue (2019-2023)
15.1.4 Strategic initiatives
15.2 Eaton
15.2.1 Eaton Company Profiles
15.2.2 Eaton Product Introduction
15.2.3 Eaton Track Lighting Sales, Revenue (2019-2023)
15.2.4 Strategic initiatives
15.3 Lithonia Lighting
15.3.1 Lithonia Lighting Company Profiles
15.3.2 Lithonia Lighting Product Introduction
15.3.3 Lithonia Lighting Track Lighting Sales, Revenue (2019-2023)
15.3.4 Strategic initiatives
15.4 Satco
15.4.1 Satco Company Profiles
15.4.2 Satco Product Introduction
15.4.3 Satco Track Lighting Sales, Revenue (2019-2023)
15.4.4 Strategic initiatives
15.5 Hubbell Lighting
15.5.1 Hubbell Lighting Company Profiles
15.5.2 Hubbell Lighting Product Introduction
15.5.3 Hubbell Lighting Track Lighting Sales, Revenue (2019-2023)
15.5.4 Strategic initiatives
15.6 Intense Lighting
15.6.1 Intense Lighting Company Profiles
15.6.2 Intense Lighting Product Introduction
15.6.3 Intense Lighting Track Lighting Sales, Revenue (2019-2023)
15.6.4 Strategic initiatives
15.7 AFX INC
15.7.1 AFX INC Company Profiles
15.7.2 AFX INC Product Introduction
15.7.3 AFX INC Track Lighting Sales, Revenue (2019-2023)
15.7.4 Strategic initiatives
15.8 Nora Lighting
15.8.1 Nora Lighting Company Profiles
15.8.2 Nora Lighting Product Introduction
15.8.3 Nora Lighting Track Lighting Sales, Revenue (2019-2023)
15.8.4 Strategic initiatives
15.9 WAC Lighting
15.9.1 WAC Lighting Company Profiles
15.9.2 WAC Lighting Product Introduction
15.9.3 WAC Lighting Track Lighting Sales, Revenue (2019-2023)
15.9.4 Strategic initiatives
15.10 AIXEN LITE
15.10.1 AIXEN LITE Company Profiles
15.10.2 AIXEN LITE Product Introduction
15.10.3 AIXEN LITE Track Lighting Sales, Revenue (2019-2023)
15.10.4 Strategic initiatives
15.11 Eglo
15.12 LBL Lighting
15.13 Kichler Lighting
15.14 Kendal Lighting
15.15 EnviroLite
15.16 Rayconn
15.17 Shenzhen Kehei Lighting Technology
16. Conclusion
17. Methodology and Data Source
List of Tables and Figures
Figure 1. Total Sales by Application of Track Lighting Industry (Volume)
Figure 2. Track Lighting Sales by Regions in 2023
Figure 3. Regional Market Share in Terms of Revenue (2023&2028)
Figure 4. The Top 10 and 5 Players Market Share by Track Lighting Revenue in 2023
Figure 5. US Track Lighting Sales (2019-2028)
Figure 6. Sales Breakdown by Type (%)
Figure 7. Sales Breakdown by Type (%)
Figure 8. Sales Breakdown by Application (%)
Figure 9. Revenue Breakdown by Type (%)
Figure 10. Revenue Breakdown by Application (%)
Figure 11. Europe Track Lighting Sales (2019-2028)
Figure 12. Sales Breakdown by Type (%)
Figure 13. Sales Breakdown by Type (%)
Figure 14. Sales Breakdown by Application (%)
Figure 15. Revenue Breakdown by Type (%)
Figure 16. Revenue Breakdown by Application (%)
Figure 17. China Track Lighting Sales (2019-2028)
Figure 18. Sales Breakdown by Type (%)
Figure 19. Sales Breakdown by Type (%)
Figure 20. Sales Breakdown by Application (%)
Figure 21. Current and Estimated Revenue Breakdown by Type
Figure 22. Revenue Breakdown by Type (%)
Figure 23. Revenue Breakdown by Application (%)
Figure 24. Japan Track Lighting Sales (2019-2028)
Figure 25. Sales Breakdown by Type (%)
Figure 26. Sales Breakdown by Type (%)
Figure 27. Sales Breakdown by Application (%)
Figure 28. Revenue Breakdown by Type (%)
Figure 29. Revenue Breakdown by Application (%)
Figure 30. India Track Lighting Sales (2019-2028)
Figure 31. Sales Breakdown by Type (%)
Figure 32. Sales Breakdown by Type (%)
Figure 33. Sales Breakdown by Application (%)
Figure 34. Revenue Breakdown by Type (%)
Figure 35. Revenue Breakdown by Application (%)
Figure 36. Korea Track Lighting Sales (2019-2028)
Figure 37. Sales Breakdown by Type (%)
Figure 38. Sales Breakdown by Type (%)
Figure 39. Sales Breakdown by Application (%)
Figure 40. Revenue Breakdown by Type (%)
Figure 41. Revenue Breakdown by Application (%)
Figure 42. Southeast Asia Track Lighting Sales (2019-2028)
Figure 43. Current and Estimated Sales Breakdown by Type (2019-2028)
Figure 44. Sales Breakdown by Type (%)
Figure 45. Sales Breakdown by Type (%)
Figure 46. Revenue Breakdown by Type (%)
Figure 47. Revenue Breakdown by Application (%)
Figure 48. Industrial Chain
Table 1. Top Manufacturers and Market Segmentation
Table 2. Product Introduction, Application, Picture
Table 3. Track Lighting Revenue, by Type (Million USD) (2019-2028)
Table 4. Track Lighting Sales, by Type (K Unit) (2019-2028)
Table 5. Track Lighting Sales (K Unit) by Application (2019-2028)
Table 6. Track Lighting Sales (Million USD) by Application (2019-2028)
Table 7. The Major Downstream Company in China
Table 8. Regional Market Share in Terms of Sales (2023)
Table 9. Regional Market Share in Terms of Revenue (2023&2028)
Table 10. Ranking of Global Top Track Lighting Companies by Revenue, Concentration Ratio in 2023
Table 11. Mergers & Acquisitions, Expansion Plans
Table 12. US Track Lighting Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 13. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 14. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 15. Current and Estimated Sales Breakdown by Application (2019-2028)
Table 16. Current and Estimated Revenue Breakdown by Type
Table 17. Current and Estimated Revenue Breakdown by Application
Table 18. Europe Track Lighting Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 19. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 20. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 21. Current and Estimated Sales Breakdown by Application (2019-2028)
Table 22. Current and Estimated Revenue Breakdown by Type
Table 23. Current and Estimated Revenue Breakdown by Application
Table 24. China Track Lighting Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 25. Table Current and Estimated Sales Breakdown by Type
Table 26. Current and Estimated Sales Breakdown by Type
Table 27. Current and Estimated Sales Breakdown by Application
Table 28. Current and Estimated Revenue Breakdown by Application
Table 29. Japan Track Lighting Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 30. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 31. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 32. Current and Estimated Sales Breakdown by Application (2019-2028)
Table 33. Current and Estimated Revenue Breakdown by Type
Table 34. Current and Estimated Revenue Breakdown by Application
Table 35. India Track Lighting Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 36. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 37. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 38. Current and Estimated Sales Breakdown by Application (2019-2028)
Table 39. Current and Estimated Revenue Breakdown by Type
Table 40. Current and Estimated Revenue Breakdown by Application
Table 41. Korea Track Lighting Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 42. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 43. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 44. Current and Estimated Sales Breakdown by Application (2019-2028)
Table 45. Current and Estimated Revenue Breakdown by Type
Table 46. Current and Estimated Revenue Breakdown by Application
Table 47. Southeast Asia Track Lighting Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 48. Table Current and Estimated Sales Breakdown by Type (2019-2028)
Table 49. Current and Estimated Sales Breakdown by Application (2019-2028)
Table 50. Current and Estimated Revenue Breakdown by Type
Table 51. Current and Estimated Revenue Breakdown by Application
Table 52. Market Price (USD/Unit) for Each Type of Track Lighting in US (2019-2023)
Table 53. Market Price (USD/Unit) for Each Type of Track Lighting in Europe (2019-2023)
Table 54. Market Price (USD/Unit) for Each Type of Track Lighting in China (2019-2023)
Table 55. Market Price (USD/Unit) for Each Type of Track Lighting in Japan (2019-2023)
Table 56. Market Price (USD/Unit) for Each Type of Track Lighting in India (2019-2023)
Table 57. Market Price (USD/Unit) for Each Type of Track Lighting in Korea (2019-2023)
Table 58. Market Price (USD/Unit) for Each Type of Track Lighting in Southeast Asia (2019-2023)
Table 59. Key Downstream Customer in Each Application Field
Table 60. Juno Profiles
Table 61. Juno Track Lighting Product Introduction
Table 62. Juno Track Lighting Sales (Unit), Revenue (Million USD) (2019-2023)
Table 63. Juno Strategic initiatives
Table 64. Eaton Profiles
Table 65. Eaton Track Lighting Product Introduction
Table 66. Eaton Track Lighting Sales (Unit), Revenue (Million USD) (2019-2023)
Table 67. Eaton Strategic initiatives
Table 68. Lithonia Lighting Profiles
Table 69. Lithonia Lighting Track Lighting Product Introduction
Table 70. Lithonia Lighting Track Lighting Sales (Unit), Revenue (Million USD) (2019-2023)
Table 71. Lithonia Lighting Strategic initiatives
Table 72. Satco Profiles
Table 73. Satco Track Lighting Product Introduction
Table 74. Satco Track Lighting Sales (Unit), Revenue (Million USD) (2019-2023)
Table 75. Satco Strategic initiatives
Table 76. Hubbell Lighting Profiles
Table 77. Hubbell Lighting Track Lighting Product Introduction
Table 78. Hubbell Lighting Track Lighting Sales (Unit), Revenue (Million USD) (2019-2023)
Table 79. Hubbell Lighting Strategic initiatives
Table 80. Intense Lighting Profiles
Table 81. Intense Lighting Track Lighting Product Introduction
Table 82. Intense Lighting Track Lighting Sales (Unit), Revenue (Million USD) (2019-2023)
Table 83. Intense Lighting Strategic initiatives
Table 84. AFX INC Profiles
Table 85. AFX INC Track Lighting Product Introduction
Table 86. AFX INC Track Lighting Sales (Unit), Revenue (Million USD) (2019-2023)
Table 87. AFX INC Strategic initiatives
Table 88. Nora Lighting Profiles
Table 89. Nora Lighting Track Lighting Product Introduction
Table 90. Nora Lighting Track Lighting Sales (Unit), Revenue (Million USD) (2019-2023)
Table 91. Nora Lighting Strategic initiatives
Table 92. WAC Lighting Profiles
Table 93. WAC Lighting Track Lighting Product Introduction
Table 94. WAC Lighting Track Lighting Sales (Unit), Revenue (Million USD) (2019-2023)
Table 95. WAC Lighting Strategic initiatives
Table 97. AIXEN LITE Profiles
Table 98. AIXEN LITE Track Lighting Product Introduction
Table 99. AIXEN LITE Track Lighting Sales (Unit), Revenue (Million USD) (2019-2023)
Table 100. AIXEN LITE Strategic initiatives
Table 101. Eglo Profiles
Table 102. Eglo Track Lighting Product Introduction
Table 103. Eglo Track Lighting Sales (Unit), Revenue (Million USD) (2019-2023)
Table 104. Eglo Strategic initiatives
Table 105. LBL Lighting Profiles
Table 106. LBL Lighting Track Lighting Product Introduction
Table 107. LBL Lighting Track Lighting Sales (Unit), Revenue (Million USD) (2019-2023)
Table 108. LBL Lighting Strategic initiatives
Table 109. Kichler Lighting Profiles
Table 110. Kichler Lighting Track Lighting Product Introduction
Table 111. Kichler Lighting Track Lighting Sales (Unit), Revenue (Million USD) (2019-2023)
Table 112. Kichler Lighting Strategic initiatives
Table 113. Kendal Lighting Profiles
Table 114. Kendal Lighting Track Lighting Product Introduction
Table 115. Kendal Lighting Track Lighting Sales (Unit), Revenue (Million USD) (2019-2023)
Table 116. Kendal Lighting Strategic initiatives
Table 117. EnviroLite Profiles
Table 118. EnviroLite Track Lighting Product Introduction
Table 119. EnviroLite Track Lighting Sales (Unit), Revenue (Million USD) (2019-2023)
Table 120. EnviroLite Strategic initiatives
Table 121. Rayconn Profiles
Table 122. Rayconn Track Lighting Product Introduction
Table 123. Rayconn Track Lighting Sales (Unit), Revenue (Million USD) (2019-2023)
Table 124. Rayconn Strategic initiatives
Table 125. Shenzhen Kehei Lighting Technology Profiles
Table 126. Shenzhen Kehei Lighting Technology Track Lighting Product Introduction
Table 127. Shenzhen Kehei Lighting Technology Track Lighting Sales (Unit), Revenue (Million USD) (2019-2023)
Table 128. Shenzhen Kehei Lighting Technology Strategic initiatives
The research methodology employed by VICResearch has been subjected by numerous procedures in order to guarantee the quality and accuracy of the data contained within the reports. The analysts are employed full-time and received more than six months training to satisfy the standard of VICResearch. VICResearch’s methodology can be divided into five stages:
Stage 1: Secondary research
The research team first works with magazines, industry trade group, and administration that operate in the research field. The information provided by our in-house documentation service helps us carrying out further research. Our team which has the experience as well as the knowledge efficiently extracts the accurate information from existing source.
Stage 2: Primary research: interviews with trade sources
After the first stage, the research team conducts large number of face-to-face or telephone interviews with the representative companies operating in the research field. The analysts attempt to obtain a chance to talk with leading players in the field as well as with small companies. The upstream suppliers, manufacturers, distributors, importers, installers, wholesalers and consumers are all included in the interviews. The data gathered during the interview is then carefully checked and compared with the secondary research.
Stage 3: Analysis of the gathered data
The analysis team checks and synthesizes the data gathered during the first two stages. To validate the data, a second series of interviews can be conducted.
Stage 4: Quantitative data
The quantitative data such as market estimates, production and capacity of manufacturer, market forecasts and investment feasibility is provided by VICResearch. The data is based on the estimates obtained during stage 3.
The research team also provides appreciation and analysis of the market and the quantitative data contained in the reports. The data is consequently unique to VICResearch.
Stage 5: Quality control
Before publishing, every report goes under a rigorous checking and editing process, which is done by experience management team to ensure the reliability of the published data. Each analyst in the research team receives support and on-going training which is part of the VICResearch’s internal quality process.