
According to recently published research conducted by a leading international market research company, Global Research & Data Services, the expansion of the global lighting product industry is forecast to reach 5.5% p.a. in the coming years. Between 2008 and 2014 the market increased with an average annual growth of 6.2%. Currently, electric ceiling and wall lighting fittings account for 20.2% of the global demand while the remaining market share is divided between fluorescent lamps (hot cathode) (9.4%), portable battery and magneto-electric lamps (5.3%), electric desk, table, floor and bedside lamps (4.8%), filament lamps (tungsten halogen) (4.4%), mercury and sodium vapour lamps (3.0%), non-electrical lighting fittings and lamps (2.1%), filament lamps (power not exceeding 200 W, voltage more than 100 V) (2.1%), infra-red and ultra-violet lamps (1.8%), illuminated signs (1.7%), arc-lamps (1.0%), sealed beam lamp units (0.8%), other lighting products (33.8%) and parts of lighting products (9.6%).