Global Trunking System Market 2023 by Company, Regions, Type and Application, Forecast to 2029

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.
According to our (Global Info Research) latest study, the global Trunking System market size was valued at USD 137.7 million in 2022 and is forecast to a readjusted size of USD 207.4 million by 2029 with a CAGR of 6.0% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Philips accounted for 19% of the global Trunking System revenue market share. Followed players, GE lighting accounted for 10%, Havells Sylvania (Shanghai Feilo Acoustics) accounted for 6%.
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%.
This report is a detailed and comprehensive analysis for global Trunking System market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Trunking System market size and forecasts, in consumption value ($ Million), 2018-2029
Global Trunking System market size and forecasts by region and country, in consumption value ($ Million), 2018-2029
Global Trunking System market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029
Global Trunking System market shares of main players, in revenue ($ Million), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Trunking System
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Trunking System market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Philips Lighting Holding, GE lighting, Havells Sylvania (Shanghai Feilo Acoustics), Siteco Beleuchtungstechnik GmbH (OSRAM) and Zumtobel Group, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market segmentation
Trunking System market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
    Narrow Distribution
    Wide Distribution
    Others
Market segment by Application
    Commercial
    Industrial
    Warehouse
    Others
Market segment by players, this report covers
    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)
Market segment by regions, regional analysis covers
    North America (United States, Canada, and Mexico)
    Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
    South America (Brazil, Argentina and Rest of South America)
    Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Trunking System product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Trunking System, with revenue, gross margin and global market share of Trunking System from 2018 to 2023.
Chapter 3, the Trunking System competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Trunking System market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Trunking System.
Chapter 13, to describe Trunking System research findings and conclusion.