Electric Lighting Equipment Manufacturing in Australia - Industry Market Research Report

Flickering: Cheaper import competition has overshadowed domestic manufacturers

The industry faces fierce competition from import penetration. Overseas manufacturers operate with lower overhead costs and benefit from large economies of scale by selling low-cost items in bulk. These operating conditions have driven domestic manufacturers to differentiate and create specialised niche products to gain revenue. These premium items tend to focus on the construction industry, closely pegging industry performance to downstream construction markets. However, demand from construction markets has fallen due to multiple major projects reaching completion in 2022-23, which has contributed to industry revenue performing poorly. Overall, industry revenue is expected to decline at an annualised 5.3% over the five years through 2022-23, falling to $977.9 million. Declining construction demand has contributed to industry revenue falling 5.7% during the current year.

Companies in the industry primarily manufacture lighting products including fixtures, luminaires, fittings and related components (except automotive), and electric signs. The industry does not manufacture significant volumes of light bulbs as almost all light bulbs are now imported.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.