Trunking System Market 2022 by development trend, innovation, reviews, competitive situation, leading players and potential business growth

Latest research report on “Trunking System Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.

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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.
This report 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.

MARKET MONITOR GLOBAL, INC (MMG) has 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)

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