Trunking System Market

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.

Trunking System Market contains market size and forecasts of Trunking System in Global, including the following market information:

Global Trunking System Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Trunking System market was valued at 137.7 million in 2021 and is projected to reach US$ 207.4 million by 2028, at a CAGR of 6.0% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Narrow Distribution Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Trunking System include 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). etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Trunking System companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Trunking System Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Trunking System Market Segment Percentages, by Type, 2021 (%)

Narrow Distribution

Wide Distribution

Others

Global Trunking System Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Trunking System Market Segment Percentages, by Application, 2021 (%)

Commercial

Industrial

Warehouse

Others

Global Trunking System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Trunking System Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Trunking System revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Trunking System revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

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)