Industry Analysis & Industry Trends
After a volatile period of growth and contraction, the Lighting Fixtures Manufacturing industry is expected to experience an increase in revenue. Investment in residential construction activity is set to improve steadily, causing demand to rise and consumer confidence to build. While growth has been slow, increasing government regulation is expected to support revenue, as demand for energy-efficient lighting soars... purchase to read more
Industry Report - Starting a New Business Chapter
Overall, the Lighting Fixtures Manufacturing industry has low barriers to entry. There are no licensing requirements, government regulations or resource constraints significant enough to prevent companies from entering the industry. However, the dominance of existing players and technological changes in the industry may deter new entrants.
While the industry experiences only a medium level of market concentration, the dominance of existing players represents a barrier. Most major players in this industry offer a large range of products, including light bulbs, in an effort to provide complete lighting solutions to customers. In addition, the industry's major companies have been acquiring smaller local and regional firms at an accelerating pace in recent years... purchase to read more