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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 is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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 SWOT Analysis Chapter

The Electric Lighting Equipment Manufacturing industry has entered the decline stage of its life cycle, with industry participants losing both domestic and global market share. Industry value added, which measures the industry's contribution to the economy, is expected to increase by a compound annual rate of 1.3% over the 10 years through 2021-22. Meanwhile, the overall economy is also expected to grow at compound annual rate of 2.3% over the same period. This indicates that the industry will account for a declining share of the overall economy.

The number of enterprises operating in the industry is expected to decline over the five years through 2021-22, as some firms are forced out of business and others choose to transfer production overseas. Thi.. 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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