LED Track Lighting Heads Used Inside Retail Stores Global Market Forecast (2017-2027)

LED Track Lighting Fixtures Used Inside Retail Stores Reached 172.4 Million Units in 2017

This report provides estimates and forecasts, based on market research study work performed by the analyst. The LED-based lighting covered in this study include track lighting heads (fixtures), including the initial lamp, which are used inside of retail stores.

Track lighting is a method of lighting where light fixtures are attached anywhere on a continuous track device, which is a surface mounted channel that holds the lighting units (or 'heads') in place and brings power to them. The track is usually mounted to the ceiling but it can be mounted to a wall, a beam or dropped from the ceiling on stems or cables. This market study covers only the movable lighting unit for track lighting and not the track.

LEDs are used in both functional and decorative light fixtures, with an advantage of energy savings. Compared to incandescent lighting, LED-based solid-state lighting (SSL) delivers visible light with reduced heat. In addition, its solid-state nature provides for greater resistance to shock, vibration, and wear, thereby significantly increasing its lifespan.

Some of the Advantages of LED Lighting in Retail Stores

• Extend the shelf life of food products
  
• LED lighting enables colors to appear truer and more vibrant
  
• LED lights provide a positive well-lit and safe environment
  
• LEDs work well and are low maintenance in cold environments
  
• LED light reduces the heat in display cases
  
• Lower maintenance costs and provides for energy savings
  
• LED lights last longer versus fluorescent or incandescent lights
  
• Smart Lighting helps customers find products
  

Market Forecast, by Region   

The market data are segmented into the following regions; separate data-sections are provided for the following regions:

• Global
  
• America (Central, South and North America)
  
• Europe, Middle East, Africa (EMEA)
  
• Asia Pacific (APAC)   
  

LED Level Quantified in the Study    

Below, are four levels (or "food chain") pertaining to the LED marketplace. For the purposes of this study, we quantify and provide a market forecast for "Level 4"

• Level 1 - The chip or die
  
• Level 2 - The LED component (packaged LED) or other components
  
• Level 3 - Lamps, complete LED-equipped PCB, or Module
  
• Level 4 - Luminaire (light head with initial lamp/s)
  

Market Forecast, By Function    

This report provides the 2017-2027 market data review and forecast by the following functions:

• Consumption Value
  
• Quantity (number/units)
  
• Average Selling Prices
  

The average selling prices are not retail prices; the prices are based on the price of the product at the initial factory level. These are the original manufacturer’s ("factory") prices invoiced to the first (original) customer, or transfer prices for internal (captive) production.

Market Forecast, by Product Size    

For the purposes of this market study, we segment the product by the following sizes, which is measured at the area where the light is emitted, typically the width (shown in centimeters):

• Mini - 6cm or less (<= 6cm)
  
• Standard - more than 6cm to 30cm (>6cm to 30cm)
  
• Large - more than 30cm (>30cm)
  

Retail Stores

In this market study we estimate and forecast the use of LED-based lighting heads for track lighting, which are used inside of retail stores. Of course, this industry sector may seem endless, which includes: very small neighborhood corner markets; convenience stores; grocery stores/supermarkets and hypermarkets; massive DIY (do-it-yourself) home improvement/lumber stores; contemporary art galleries, automobiles, bookstores, and furniture, appliances and electronics, sporting goods, handicrafts, musical instruments, gift shops, as wells as major department stores, and many others. However, shopping centers/malls, which are outside of the actual retail stores, are not included in the market data considerations. Also, we have not included food and drinking establishments, such as restaurants and bars in this market data.

Company Profiles

The analyst reviewed the product offering of over 60 vendors, regarding their participation in providing LED track lighting fixtures and/or related LED products or services.

LED Technology - An extensive overview of LED Lighting technology is presented.