The Europe Kitchen Lighting Market would witness market growth of 6.9% CAGR during the forecast period (2022-2028).
The illumination in the kitchen, the cleaning area, and the meal preparation area is referred to as task lighting. Users may work safely while minimizing eye strain with precise lighting directed at these places. Hanging lights, recessed lighting above the island or in the pantry, and LED light strips under the cabinets are all excellent choices to offer appropriate lighting for these spaces.
Accent lighting is frequently utilized to draw attention to specific items, such as collectibles and pieces of art. People choose track lighting or wall lights for this purpose. Additionally, users can install a light inside a glass cabinet to illuminate the interior if they have one. Additionally, this kind of lighting can draw attention to particular elements of the room.
For instance, the designers frequently use lighting to highlight particular materials, like solid wood or give kitchen areas depth and perspective. In Steam kitchens, accent lighting is frequently employed to finish the space's aesthetic. Additionally, lights are generally mounted 30 to 36 inches above the countertop.
The Italian government has agreed to continue offering incentives to those who renovate homes there. Homeowners in Italy may benefit from a tax reduction on expenses related to specific home modifications, such as energy efficiency upgrades and lowering seismic risk, under the expanded Italian Super bonus program. The expense may be deducted from taxes or exchanged for goods with a builder or bank. House insulation, centralized heating systems for condominiums, individual home central heating, and seismic upgrades are some renovation projects that qualify for the Italian tax Super Bonus. In addition, the growing home décor business will accelerate kitchen renovations and regional market expansion.
The Germany market dominated the Europe Kitchen Lighting Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,289.5 Million by 2028.The UK market is anticipated to grow at a CAGR of 6.1% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 7.7% during (2022 - 2028).
Based on Distribution Channel, the market is segmented into Online and Offline. Based on Product Type, the market is segmented into Pendant Lighting, Under Cabinet Lighting, Island Lighting and Track Lighting. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Panasonic Corporation, Acuity Brands Lighting, Inc., Signify N.V., Koninklijke Philips N.V., General Electric Company, Havells India Ltd., Kichler Lighting LLC, Hubbell Incorporated, ams-OSRAM AG, and Lutron Electronics.
The illumination in the kitchen, the cleaning area, and the meal preparation area is referred to as task lighting. Users may work safely while minimizing eye strain with precise lighting directed at these places. Hanging lights, recessed lighting above the island or in the pantry, and LED light strips under the cabinets are all excellent choices to offer appropriate lighting for these spaces.
Accent lighting is frequently utilized to draw attention to specific items, such as collectibles and pieces of art. People choose track lighting or wall lights for this purpose. Additionally, users can install a light inside a glass cabinet to illuminate the interior if they have one. Additionally, this kind of lighting can draw attention to particular elements of the room.
For instance, the designers frequently use lighting to highlight particular materials, like solid wood or give kitchen areas depth and perspective. In Steam kitchens, accent lighting is frequently employed to finish the space's aesthetic. Additionally, lights are generally mounted 30 to 36 inches above the countertop.
The Italian government has agreed to continue offering incentives to those who renovate homes there. Homeowners in Italy may benefit from a tax reduction on expenses related to specific home modifications, such as energy efficiency upgrades and lowering seismic risk, under the expanded Italian Super bonus program. The expense may be deducted from taxes or exchanged for goods with a builder or bank. House insulation, centralized heating systems for condominiums, individual home central heating, and seismic upgrades are some renovation projects that qualify for the Italian tax Super Bonus. In addition, the growing home décor business will accelerate kitchen renovations and regional market expansion.
The Germany market dominated the Europe Kitchen Lighting Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,289.5 Million by 2028.The UK market is anticipated to grow at a CAGR of 6.1% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 7.7% during (2022 - 2028).
Based on Distribution Channel, the market is segmented into Online and Offline. Based on Product Type, the market is segmented into Pendant Lighting, Under Cabinet Lighting, Island Lighting and Track Lighting. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Panasonic Corporation, Acuity Brands Lighting, Inc., Signify N.V., Koninklijke Philips N.V., General Electric Company, Havells India Ltd., Kichler Lighting LLC, Hubbell Incorporated, ams-OSRAM AG, and Lutron Electronics.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
- Online
- Offline
By Product Type
- Pendant Lighting
- Under Cabinet Lighting
- Island Lighting
- Track Lighting
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Panasonic Corporation
- Acuity Brands Lighting, Inc
- Signify N.V
- Koninklijke Philips N.V
- General Electric Company
- Havells India Ltd
- Kichler Lighting LLC
- Hubbell Incorporated
- ams-OSRAM AG
- Lutron Electronics
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- Exhaustive coverage
- The highest number of Market tables and figures
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- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Kitchen Lighting Market, by Distribution Channel
1.4.2 Europe Kitchen Lighting Market, by Product Type
1.4.3 Europe Kitchen Lighting Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Kitchen Lighting Market by Distribution Channel
3.1 Europe Online Market by Country
3.2 Europe Offline Market by Country
Chapter 4. Europe Kitchen Lighting Market by Product Type
4.1 Europe Pendant Lighting Market by Country
4.2 Europe Under Cabinet Lighting Market by Country
4.3 Europe Island Lighting Market by Country
4.4 Europe Track Lighting Market by Country
Chapter 5. Europe Kitchen Lighting Market by Country
5.1 Germany Kitchen Lighting Market
5.1.1 Germany Kitchen Lighting Market by Distribution Channel
5.1.2 Germany Kitchen Lighting Market by Product Type
5.2 UK Kitchen Lighting Market
5.2.1 UK Kitchen Lighting Market by Distribution Channel
5.2.2 UK Kitchen Lighting Market by Product Type
5.3 France Kitchen Lighting Market
5.3.1 France Kitchen Lighting Market by Distribution Channel
5.3.2 France Kitchen Lighting Market by Product Type
5.4 Russia Kitchen Lighting Market
5.4.1 Russia Kitchen Lighting Market by Distribution Channel
5.4.2 Russia Kitchen Lighting Market by Product Type
5.5 Spain Kitchen Lighting Market
5.5.1 Spain Kitchen Lighting Market by Distribution Channel
5.5.2 Spain Kitchen Lighting Market by Product Type
5.6 Italy Kitchen Lighting Market
5.6.1 Italy Kitchen Lighting Market by Distribution Channel
5.6.2 Italy Kitchen Lighting Market by Product Type
5.7 Rest of Europe Kitchen Lighting Market
5.7.1 Rest of Europe Kitchen Lighting Market by Distribution Channel
5.7.2 Rest of Europe Kitchen Lighting Market by Product Type
Chapter 6. Company Profiles
6.1 Panasonic Corporation
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expense
6.1.5 SWOT Analysis
6.2 Acuity Brands Lighting, Inc.
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Regional and Segmental Analysis
6.2.4 Research & Development Expense
6.2.5 Recent strategies and developments:
6.2.5.1 Partnerships, Collaborations, and Agreements:
6.2.5.2 Product Launches and Product Expansions:
6.3 Signify N.V.
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expense
6.3.5 Recent strategies and developments:
6.3.5.1 Acquisition and Mergers:
6.4 Koninklijke Philips N.V.
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.4.4 Research & Development Expense
6.5 General Electric Company
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Segmental and Regional Analysis
6.5.4 Research & Development Expense
6.6 Havells India Ltd.
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental and Regional Analysis
6.6.4 Research & Development Expenses
6.7 Kichler Lighting LLC (Masco Corporation)
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Segmental and Regional Analysis
6.8 Hubbell Incorporated
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segmental and Regional Analysis
6.8.4 Research & Development Expenses
6.9 ams-OSRAM AG
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Segmental and Regional Analysis
6.9.4 Research & Development Expense
6.10. Lutron Electronics Co., Inc.
6.10.1 Company Overview
Companies Mentioned
- Panasonic Corporation
- Acuity Brands Lighting, Inc.
- Signify N.V.
- Koninklijke Philips N.V.
- General Electric Company
- Havells India Ltd.
- Kichler Lighting LLC
- Hubbell Incorporated
- ams-OSRAM AG
- Lutron Electronics
Methodology
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