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Electric Lighting Equipment Manufacturing in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Electric Lighting Equipment Manufacturing Market Research Report | SIC C27.400 | Nov 2016

A bright future: Rising exports are anticipated to encourage industry revenue to expand

IBISWorld’s Electric Lighting Equipment Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Cooper Lighting and Safety Ltd Cooper Lighting and Safety Ltd market share
FW Thorpe plc FW Thorpe plc market share
Thorn Lighting Ltd Thorn Lighting Ltd market share
Industry Statistics & Market Size
Revenue
£2bn
Annual Growth 12-17
1.3%
Annual Growth 17-22
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Profit
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Employment
15,121
Businesses
705
Industry Analysis & Industry Trends

The domestic market for electric lighting is expected to be worth £3.4 billion in 2016-17, of which 63.1% will be satisfied by imports, while exports are forecast to account for 38.8% of revenue. Industry revenue is expected to increase at a compound annual rate of 1.3% over the five years through 2016-17 to £2 billion, fuelled by the growth in exports. Rebounding business and consumer confidence levels stimulated demand as businesses and households increased spending on lighting products. Construction activity also expanded and boosted revenue. However, manufacturing activity remained weak and restricted growth, as many manufacturing firms require lights as inputs in their products, while higher levels of import penetration also negatively affected the industry... purchase to read more

Industry Report - Industry Analysis Chapter

Construction activity and lighting technology developments are fundamental drivers of growth in the lighting market. Industry revenue is expected to increase at a compound annual rate of 1.3% over the five years through 2016-17 to £2 billion, fuelled by growth in exports. Construction activity also rebounded during the past five years and contributed positively, while improving business and consumer confidence levels enhanced domestic demand. However, the benefits to the industry were restricted because imports captured a greater share of the domestic market. Additionally, manufacturing activity remained relatively stagnant during the past five years and constrained industry expansion.

Revenue growth is expected to dampen during the current year to 0.9%. Eco.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Electric Lighting Equipment Manufacturing Industry?

Companies in this industry manufacture electric light bulbs and tubes, parts and components (except glass blanks for electric light bulbs), electric lighting fixtures and lighting fixture components (except current-carrying devices). The manufacture of non-electrical lighting equipment is also included. Manufacturing of ceiling fans with integrated lighting fixtures and the manufacture of electrical signalling equipment such as traffic lights are excluded from the industry.

Industry Products
Illuminated signsMotor vehicle lightsCeiling and wall lighting fittingsSearchlights and spotlightsOther lighting products and parts
 
Industry Activities
Manufacturing lamps, fixtures and bulbsManufacturing ceiling lighting fixturesManufacturing chandeliersManufacturing flashlightsManufacturing spotlightsManufacturing street lighting fixturesManufacturing lighting equipment for vehiclesManufacturing lanternsManufacturing electric fire logsManufacturing electric insect lamps


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