Global Light Pipe Market Report Focuses On Top Players In North America, Europe, Japan, China, & Other Regions (India, Southeast Asia)
New York City, NY: August 13, 2019 – Published via (WiredRelease) – Report Summary: Light Pipe Market By Type (Rigid Tube, Flexible Tube) By Application (Residential, Commercial) And Region – Global Forecast 2026
The global Light Pipe Market represented USD US$ 0.95 Bn in 2019 and will exhibit prospective CAGR of 2.90% amid forecast frame of 2019-2028. The report offers in-depth insights, revenue details, and other vital information regarding the global market and the various drivers, trends, opportunities, restraints, and threats in the target market till 2028. The report also offers insightful and detailed information regarding the key players operating in the global Light Pipe market, and their financials, apart from strategies, mergers & acquisitions, and market footprint.
Light pipes, also known as tubular skylights, are used for distribution of artificial or natural light in order to illuminate spaces. Without generating excessive heat, light pipe transmits light from outdoors to indoor. Light pipes are used in commercial and residential buildings and complexes as they help lower the energy consumption and reduce cost of electricity.
The global light pipe market is segmented on the basis of type, application, and region/country.
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This Light Pipe report organized the market with respect to manufacturer’s, regions, Type, Application, And Region/Country. Light Pipe industry computation report tells about the gathering procedure of the market data.
Top Players/Manufacturers of the global Light Pipe market:
Solatube International Inc, Gibraltar Industries Inc, Elite Solar Systems Inc, VKR Holding A/S (VELUX Group), DayLite Natural Lighting Technologies Inc, HUVCO, L.L.C., Natural Light Energy System, Skydome Skylight Systems Pty. Ltd., Orion Energy Systems Inc., Daylighting Technologies Inc
Topographical Regions include: China, Russia, Korea, Australia, France, Brazil, Canada, Italy, Brazil, Middle East, Germany, Mexico, Southeast Asia, UK, Africa, United States and India
Global Light Pipe Market: Dynamics
Growing construction industry in developed as well as developing economies is a major factor driving growth of the global light pipe market. Light pipes are used in industrial buildings, shops, offices, storages, etc. Increasing preference for use of natural light in order to reduce energy consumption is another factor expected to support growth of the target market. In addition, government investments and schemes for construction of green buildings, coupled with urbanization and growing population are factors fueling growth of the global market.
Growing initiatives to encourage energy efficient projects is another factor supporting growth of the target market. Government agencies are encouraging use of day light for less energy consumption and reduce greenhouse gases emission. Government in various counties have taken initiatives to build self-sufficient and green building in the coming years, which is another factor propelling growth of the global market.
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Importance of Light Pipe report?
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