Global demand for lighting equipment expected to grow through 2006

March 1, 2003
Manufacturers and electrical distributors of lamps and lighting fixtures can expect steady growth through 2006, according to a new market study. According

Manufacturers and electrical distributors of lamps and lighting fixtures can expect steady growth through 2006, according to a new market study.

According to a study published by The Fredonia Group Inc., a Cleveland-based industrial market research firm, revenues in world lighting equipment (lamps and lighting fixtures) totaled $78.7 billion in 2001 and are projected to jump 5.3 percent per annum through 2006 to $102 billion.