Latin American
Commercial fluorescent lighting market was worth USD 212.3 million in
2011 and is expected to reach USD 531.2 million in 2017, growing at a
CAGR of 16.5% from 2011 to 2017. The report focuses on the specified
seven countries including Brazil, Argentina, Cuba, Costa Rica,
Dominican Republic, Jamaica and Panama. In the overall Latin America
market, Brazil is expected to maintain its lead position in terms of
revenue till 2017.
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The commercial
fluorescent lighting market is driven by growing industrialization,
reduced installation cost, extended products' life, low maintenance
cost and rising population. Commercial fluorescent lighting
technology has witnessed significant technological improvement in the
past ten years and is gaining popularity worldwide, especially in
developing economies because of their high saving potential and
environment friendly aspects. The commercial fluorescent lighting
products are more energy efficient and last almost ten times longer
than conventional incandescent bulbs.
Owing to investment
perspective, the market for commercial fluorescent lighting in Latin
America and is still fresh and open for new market players. Brazil
and Argentina are estimated to take lead in relative market share in
commercial fluorescent lighting implementation and are forecasted to
aggressively lift-up on the deployment of energy efficient lighting
solutions. Latin America lighting market is expected to grow robustly
in anticipation of infrastructure developments for the World Cup
scheduled in 2014 and the Olympics scheduled in 2016.
The major geographic
markets covered for commercial fluorescent lights for research
purpose include Brazil, Argentina, Cuba, Costa Rica, Dominican
Republic, Jamaica and Panama. Panama commercial fluorescent lighting
market has enough growth potential considering the growing
population, tourism development policies and establishment of various
industries. Thus commercial fluorescent lighting market in Panama is
estimated to grow effectively from 2011 to 2017 at a CAGR of 14.5%.
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This research is
specially designed to estimate and analyze the demand and performance
of commercial fluorescent lighting market in Latin America. This
research provides in-depth analysis of commercial fluorescent
lighting product manufacturers, product sales and trend analysis by
segments and demand by specified geography. The study presents a
comprehensive assessment of the stakeholder strategies and winning
imperatives for them by segmenting the commercial fluorescent
lighting market as below
Latin America
Brazil
Argentina
Cuba
Costa Rica
Dominican
Republic
Jamaica
Panama
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