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(Wireless-NewsWire.Com, July 28, 2018 ) Trunking System here refers to LED Trunking Systems. Trunking System is an energy efficient, low maintenance alternative to traditional linear fluorescent in a variety of industrial, commercial and light assembly applications. It is the optimal solution for conventional lighting systems and also excellent for new installations due to its low installation cost everything in one box and installation is tool less. It saves both time and costs when updating lighting systems. LED trunking system distributes the elegant and uniform light according to different applications like supermarket, retail places, warehouses, offices, lecture halls, play courts, gymnasium, workshops, car parks etc.
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Philips accounted for 19.68% of the global Trunking System revenue market share in 2016. Followed players, GE lighting accounted for 10.22%, Havells Sylvania (Shanghai Feilo Acoustics) accounted for 6.10%.
Global giant manufactures mainly distributed in Europe. They have unshakable status in this field. The key product markets locate at Europe. Europe takes the Trunking System market share of 49.56% in 2016.
The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant products types, better technical and impeccable after-sales service. Consequently, they take the majority of the Trunking System market share of high-end market.
This report presents a comprehensive overview, market shares, and growth opportunities of Trunking System market by product type, application, key manufacturers and key regions.
To calculate the Trunking System market size, the study considers value and volume generated from the sales of the following segments. Segmentation by product type are Narrow Distribution, Wide Distribution and Other. Also, Segmentation by application are Commercial, Industrial, Warehouse and Other.
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The report also presents the Trunking System market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report such as Philips Lighting Holding, GE lighting, Havells Sylvania (Shanghai Feilo Acoustics), Siteco Beleuchtungstechnik GmbH (OSRAM), Zumtobel Group, TRILUX Group Management GmbH, Aura Light International, Luxon LED and Thorlux Lighting (F.W. Thorpe Plc Group).
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Global Busbar Trunking System Industry Market Analysis & Forecast 2018-2023
In the Global Busbar Trunking System Industry Market Analysis & Forecast 2018-2023, the revenue is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023. The production is estimated at XX million in 2017 and is forecasted to reach XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023.
It covers Regional Segment Analysis, Type, Appliction, Major Manufactures, Industry Chain Analysis, Competitive Insights and Macroeconomic Analysis. Global Busbar Trunking System Market by Regional Segment Analysis are North America, Europe, China, Japan, Southeast Asia and India.
Read More: https://www.researchbeam.com/global-busbar-trunking-system-industry-analysis-and-forecast-2018-2023-market?utm_source=RR-EWR&utm_medium=CC
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