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Global Trunking System Market Research Report 2024
Synopsis
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.
The global Trunking System market was valued at US$ 133.8 million in 2023 and is anticipated to reach US$ 206.2 million by 2030, witnessing a CAGR of 6.3% during the forecast period 2024-2030.
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 aims to provide a comprehensive presentation of the global market for Trunking System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Trunking System.
Report Scope
The Trunking System market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Trunking System market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Trunking System companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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)
Segment by Type
Narrow Distribution
Wide Distribution
Others
Segment by Application
Commercial
Industrial
Warehouse
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Trunking System companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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.
The global Trunking System market was valued at US$ 133.8 million in 2023 and is anticipated to reach US$ 206.2 million by 2030, witnessing a CAGR of 6.3% during the forecast period 2024-2030.
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 aims to provide a comprehensive presentation of the global market for Trunking System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Trunking System.
Report Scope
The Trunking System market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Trunking System market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Trunking System companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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)
Segment by Type
Narrow Distribution
Wide Distribution
Others
Segment by Application
Commercial
Industrial
Warehouse
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Trunking System companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Trunking System Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Narrow Distribution
1.2.3 Wide Distribution
1.2.4 Others
1.3 Market by Application
1.3.1 Global Trunking System Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Commercial
1.3.3 Industrial
1.3.4 Warehouse
1.3.5 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Trunking System Market Perspective (2019-2030)
2.2 Trunking System Growth Trends by Region
2.2.1 Global Trunking System Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Trunking System Historic Market Size by Region (2019-2024)
2.2.3 Trunking System Forecasted Market Size by Region (2025-2030)
2.3 Trunking System Market Dynamics
2.3.1 Trunking System Industry Trends
2.3.2 Trunking System Market Drivers
2.3.3 Trunking System Market Challenges
2.3.4 Trunking System Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Trunking System Players by Revenue
3.1.1 Global Top Trunking System Players by Revenue (2019-2024)
3.1.2 Global Trunking System Revenue Market Share by Players (2019-2024)
3.2 Global Trunking System Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Trunking System Revenue
3.4 Global Trunking System Market Concentration Ratio
3.4.1 Global Trunking System Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Trunking System Revenue in 2023
3.5 Trunking System Key Players Head office and Area Served
3.6 Key Players Trunking System Product Solution and Service
3.7 Date of Enter into Trunking System Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Trunking System Breakdown Data by Type
4.1 Global Trunking System Historic Market Size by Type (2019-2024)
4.2 Global Trunking System Forecasted Market Size by Type (2025-2030)
5 Trunking System Breakdown Data by Application
5.1 Global Trunking System Historic Market Size by Application (2019-2024)
5.2 Global Trunking System Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Trunking System Market Size (2019-2030)
6.2 North America Trunking System Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Trunking System Market Size by Country (2019-2024)
6.4 North America Trunking System Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Trunking System Market Size (2019-2030)
7.2 Europe Trunking System Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Trunking System Market Size by Country (2019-2024)
7.4 Europe Trunking System Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Trunking System Market Size (2019-2030)
8.2 Asia-Pacific Trunking System Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Trunking System Market Size by Region (2019-2024)
8.4 Asia-Pacific Trunking System Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Trunking System Market Size (2019-2030)
9.2 Latin America Trunking System Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Trunking System Market Size by Country (2019-2024)
9.4 Latin America Trunking System Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Trunking System Market Size (2019-2030)
10.2 Middle East & Africa Trunking System Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Trunking System Market Size by Country (2019-2024)
10.4 Middle East & Africa Trunking System Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Philips Lighting Holding
11.1.1 Philips Lighting Holding Company Detail
11.1.2 Philips Lighting Holding Business Overview
11.1.3 Philips Lighting Holding Trunking System Introduction
11.1.4 Philips Lighting Holding Revenue in Trunking System Business (2019-2024)
11.1.5 Philips Lighting Holding Recent Development
11.2 GE lighting
11.2.1 GE lighting Company Detail
11.2.2 GE lighting Business Overview
11.2.3 GE lighting Trunking System Introduction
11.2.4 GE lighting Revenue in Trunking System Business (2019-2024)
11.2.5 GE lighting Recent Development
11.3 Havells Sylvania (Shanghai Feilo Acoustics)
11.3.1 Havells Sylvania (Shanghai Feilo Acoustics) Company Detail
11.3.2 Havells Sylvania (Shanghai Feilo Acoustics) Business Overview
11.3.3 Havells Sylvania (Shanghai Feilo Acoustics) Trunking System Introduction
11.3.4 Havells Sylvania (Shanghai Feilo Acoustics) Revenue in Trunking System Business (2019-2024)
11.3.5 Havells Sylvania (Shanghai Feilo Acoustics) Recent Development
11.4 Siteco Beleuchtungstechnik GmbH (OSRAM)
11.4.1 Siteco Beleuchtungstechnik GmbH (OSRAM) Company Detail
11.4.2 Siteco Beleuchtungstechnik GmbH (OSRAM) Business Overview
11.4.3 Siteco Beleuchtungstechnik GmbH (OSRAM) Trunking System Introduction
11.4.4 Siteco Beleuchtungstechnik GmbH (OSRAM) Revenue in Trunking System Business (2019-2024)
11.4.5 Siteco Beleuchtungstechnik GmbH (OSRAM) Recent Development
11.5 Zumtobel Group
11.5.1 Zumtobel Group Company Detail
11.5.2 Zumtobel Group Business Overview
11.5.3 Zumtobel Group Trunking System Introduction
11.5.4 Zumtobel Group Revenue in Trunking System Business (2019-2024)
11.5.5 Zumtobel Group Recent Development
11.6 TRILUX Group Management GmbH
11.6.1 TRILUX Group Management GmbH Company Detail
11.6.2 TRILUX Group Management GmbH Business Overview
11.6.3 TRILUX Group Management GmbH Trunking System Introduction
11.6.4 TRILUX Group Management GmbH Revenue in Trunking System Business (2019-2024)
11.6.5 TRILUX Group Management GmbH Recent Development
11.7 Aura Light International
11.7.1 Aura Light International Company Detail
11.7.2 Aura Light International Business Overview
11.7.3 Aura Light International Trunking System Introduction
11.7.4 Aura Light International Revenue in Trunking System Business (2019-2024)
11.7.5 Aura Light International Recent Development
11.8 Luxon LED
11.8.1 Luxon LED Company Detail
11.8.2 Luxon LED Business Overview
11.8.3 Luxon LED Trunking System Introduction
11.8.4 Luxon LED Revenue in Trunking System Business (2019-2024)
11.8.5 Luxon LED Recent Development
11.9 Thorlux Lighting (F.W. Thorpe Plc Group)
11.9.1 Thorlux Lighting (F.W. Thorpe Plc Group) Company Detail
11.9.2 Thorlux Lighting (F.W. Thorpe Plc Group) Business Overview
11.9.3 Thorlux Lighting (F.W. Thorpe Plc Group) Trunking System Introduction
11.9.4 Thorlux Lighting (F.W. Thorpe Plc Group) Revenue in Trunking System Business (2019-2024)
11.9.5 Thorlux Lighting (F.W. Thorpe Plc Group) Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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