 Global Trunking System Market Growth 2019-2024
      Global Trunking System Market Growth 2019-2024Trunking 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.
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 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 product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
According to this study, over the next five years the Trunking System market will register a 7.6% CAGR in terms of revenue, the global market size will reach US$ 160 million by 2024, from US$ 100 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Trunking System business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Trunking System market by product type, application, key manufacturers and key regions and countries.
This study considers the Trunking System value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
    Narrow Distribution
    Wide Distribution
    Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
    Commercial
    Industrial
    Warehouse
    Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
        Spain
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
    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
    Thorlux Lighting (F.W. Thorpe Plc Group)
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
    To study and analyze the global Trunking System consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
    To understand the structure of Trunking System market by identifying its various subsegments.
    Focuses on the key global Trunking System manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
    To analyze the Trunking System with respect to individual growth trends, future prospects, and their contribution to the total market.
    To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
    To project the consumption of Trunking System submarkets, with respect to key regions (along with their respective key countries).
    To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
    To strategically profile the key players and comprehensively analyze their growth strategies.
Summary: 
Get latest Market Research Reports on  Trunking System . Industry analysis & Market Report on  Trunking System  is a syndicated market report, published as Global Trunking System Market Growth 2019-2024. It is complete Research Study and Industry Analysis of  Trunking System  market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.