Global Trunking System Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Trunking System Market 2024 by Company, Regions, Type and Application, Forecast to 2030

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Published Date: 02 Jan 2024

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  • sp_icon1 sp_icon1_b Description
  • sp_icon2 sp_icon2_b Table of Contents
  • sp_icon3 sp_icon3_b Table of Figures
  • sp_icon4 sp_icon4_b Research Methodology
  • sp_icon1 sp_icon1_b Companies Mentioned
  • sp_icon1 sp_icon1_b Related Reports
  • sp_icon1 sp_icon1_b Product Tags
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Description

According to our (Global Info Research) latest study, the global Trunking System market size was valued at USD 137.7 million in 2023 and is forecast to a readjusted size of USD 207.4 million by 2030 with a CAGR of 6.0% during review period.

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.

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%.

The Global Info Research report includes an overview of the development of the Trunking System industry chain, the market status of Commercial (Narrow Distribution, Wide Distribution), Industrial (Narrow Distribution, Wide Distribution), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Trunking System.

Regionally, the report analyzes the Trunking System markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Trunking System market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:
The report presents comprehensive understanding of the Trunking System market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Trunking System industry.

The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Narrow Distribution, Wide Distribution).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Trunking System market.

Regional Analysis: The report involves examining the Trunking System market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Trunking System market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Trunking System:
Company Analysis: Report covers individual Trunking System players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Trunking System This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Commercial, Industrial).

Technology Analysis: Report covers specific technologies relevant to Trunking System. It assesses the current state, advancements, and potential future developments in Trunking System areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Trunking System market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation
Trunking System market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Market segment by Type
Narrow Distribution
Wide Distribution
Others

Market segment by Application
Commercial
Industrial
Warehouse
Others

Market segment by players, this report covers
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)

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Trunking System product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Trunking System, with revenue, gross margin and global market share of Trunking System from 2019 to 2024.
Chapter 3, the Trunking System competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Trunking System market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Trunking System.
Chapter 13, to describe Trunking System research findings and conclusion.
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Table of Contents

1 Market Overview
1.1 Product Overview and Scope of Trunking System
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Trunking System by Type
1.3.1 Overview: Global Trunking System Market Size by Type: 2019 Versus 2023 Versus 2030
1.3.2 Global Trunking System Consumption Value Market Share by Type in 2023
1.3.3 Narrow Distribution
1.3.4 Wide Distribution
1.3.5 Others
1.4 Global Trunking System Market by Application
1.4.1 Overview: Global Trunking System Market Size by Application: 2019 Versus 2023 Versus 2030
1.4.2 Commercial
1.4.3 Industrial
1.4.4 Warehouse
1.4.5 Others
1.5 Global Trunking System Market Size & Forecast
1.6 Global Trunking System Market Size and Forecast by Region
1.6.1 Global Trunking System Market Size by Region: 2019 VS 2023 VS 2030
1.6.2 Global Trunking System Market Size by Region, (2019-2030)
1.6.3 North America Trunking System Market Size and Prospect (2019-2030)
1.6.4 Europe Trunking System Market Size and Prospect (2019-2030)
1.6.5 Asia-Pacific Trunking System Market Size and Prospect (2019-2030)
1.6.6 South America Trunking System Market Size and Prospect (2019-2030)
1.6.7 Middle East and Africa Trunking System Market Size and Prospect (2019-2030)

2 Company Profiles
2.1 Philips Lighting Holding
2.1.1 Philips Lighting Holding Details
2.1.2 Philips Lighting Holding Major Business
2.1.3 Philips Lighting Holding Trunking System Product and Solutions
2.1.4 Philips Lighting Holding Trunking System Revenue, Gross Margin and Market Share (2019-2024)
2.1.5 Philips Lighting Holding Recent Developments and Future Plans
2.2 GE lighting
2.2.1 GE lighting Details
2.2.2 GE lighting Major Business
2.2.3 GE lighting Trunking System Product and Solutions
2.2.4 GE lighting Trunking System Revenue, Gross Margin and Market Share (2019-2024)
2.2.5 GE lighting Recent Developments and Future Plans
2.3 Havells Sylvania (Shanghai Feilo Acoustics)
2.3.1 Havells Sylvania (Shanghai Feilo Acoustics) Details
2.3.2 Havells Sylvania (Shanghai Feilo Acoustics) Major Business
2.3.3 Havells Sylvania (Shanghai Feilo Acoustics) Trunking System Product and Solutions
2.3.4 Havells Sylvania (Shanghai Feilo Acoustics) Trunking System Revenue, Gross Margin and Market Share (2019-2024)
2.3.5 Havells Sylvania (Shanghai Feilo Acoustics) Recent Developments and Future Plans
2.4 Siteco Beleuchtungstechnik GmbH (OSRAM)
2.4.1 Siteco Beleuchtungstechnik GmbH (OSRAM) Details
2.4.2 Siteco Beleuchtungstechnik GmbH (OSRAM) Major Business
2.4.3 Siteco Beleuchtungstechnik GmbH (OSRAM) Trunking System Product and Solutions
2.4.4 Siteco Beleuchtungstechnik GmbH (OSRAM) Trunking System Revenue, Gross Margin and Market Share (2019-2024)
2.4.5 Siteco Beleuchtungstechnik GmbH (OSRAM) Recent Developments and Future Plans
2.5 Zumtobel Group
2.5.1 Zumtobel Group Details
2.5.2 Zumtobel Group Major Business
2.5.3 Zumtobel Group Trunking System Product and Solutions
2.5.4 Zumtobel Group Trunking System Revenue, Gross Margin and Market Share (2019-2024)
2.5.5 Zumtobel Group Recent Developments and Future Plans
2.6 TRILUX Group Management GmbH
2.6.1 TRILUX Group Management GmbH Details
2.6.2 TRILUX Group Management GmbH Major Business
2.6.3 TRILUX Group Management GmbH Trunking System Product and Solutions
2.6.4 TRILUX Group Management GmbH Trunking System Revenue, Gross Margin and Market Share (2019-2024)
2.6.5 TRILUX Group Management GmbH Recent Developments and Future Plans
2.7 Aura Light International
2.7.1 Aura Light International Details
2.7.2 Aura Light International Major Business
2.7.3 Aura Light International Trunking System Product and Solutions
2.7.4 Aura Light International Trunking System Revenue, Gross Margin and Market Share (2019-2024)
2.7.5 Aura Light International Recent Developments and Future Plans
2.8 Luxon LED
2.8.1 Luxon LED Details
2.8.2 Luxon LED Major Business
2.8.3 Luxon LED Trunking System Product and Solutions
2.8.4 Luxon LED Trunking System Revenue, Gross Margin and Market Share (2019-2024)
2.8.5 Luxon LED Recent Developments and Future Plans
2.9 Thorlux Lighting (F.W. Thorpe Plc Group)
2.9.1 Thorlux Lighting (F.W. Thorpe Plc Group) Details
2.9.2 Thorlux Lighting (F.W. Thorpe Plc Group) Major Business
2.9.3 Thorlux Lighting (F.W. Thorpe Plc Group) Trunking System Product and Solutions
2.9.4 Thorlux Lighting (F.W. Thorpe Plc Group) Trunking System Revenue, Gross Margin and Market Share (2019-2024)
2.9.5 Thorlux Lighting (F.W. Thorpe Plc Group) Recent Developments and Future Plans

3 Market Competition, by Players
3.1 Global Trunking System Revenue and Share by Players (2019-2024)
3.2 Market Share Analysis (2023)
3.2.1 Market Share of Trunking System by Company Revenue
3.2.2 Top 3 Trunking System Players Market Share in 2023
3.2.3 Top 6 Trunking System Players Market Share in 2023
3.3 Trunking System Market: Overall Company Footprint Analysis
3.3.1 Trunking System Market: Region Footprint
3.3.2 Trunking System Market: Company Product Type Footprint
3.3.3 Trunking System Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type
4.1 Global Trunking System Consumption Value and Market Share by Type (2019-2024)
4.2 Global Trunking System Market Forecast by Type (2025-2030)

5 Market Size Segment by Application
5.1 Global Trunking System Consumption Value Market Share by Application (2019-2024)
5.2 Global Trunking System Market Forecast by Application (2025-2030)

6 North America
6.1 North America Trunking System Consumption Value by Type (2019-2030)
6.2 North America Trunking System Consumption Value by Application (2019-2030)
6.3 North America Trunking System Market Size by Country
6.3.1 North America Trunking System Consumption Value by Country (2019-2030)
6.3.2 United States Trunking System Market Size and Forecast (2019-2030)
6.3.3 Canada Trunking System Market Size and Forecast (2019-2030)
6.3.4 Mexico Trunking System Market Size and Forecast (2019-2030)

7 Europe
7.1 Europe Trunking System Consumption Value by Type (2019-2030)
7.2 Europe Trunking System Consumption Value by Application (2019-2030)
7.3 Europe Trunking System Market Size by Country
7.3.1 Europe Trunking System Consumption Value by Country (2019-2030)
7.3.2 Germany Trunking System Market Size and Forecast (2019-2030)
7.3.3 France Trunking System Market Size and Forecast (2019-2030)
7.3.4 United Kingdom Trunking System Market Size and Forecast (2019-2030)
7.3.5 Russia Trunking System Market Size and Forecast (2019-2030)
7.3.6 Italy Trunking System Market Size and Forecast (2019-2030)

8 Asia-Pacific
8.1 Asia-Pacific Trunking System Consumption Value by Type (2019-2030)
8.2 Asia-Pacific Trunking System Consumption Value by Application (2019-2030)
8.3 Asia-Pacific Trunking System Market Size by Region
8.3.1 Asia-Pacific Trunking System Consumption Value by Region (2019-2030)
8.3.2 China Trunking System Market Size and Forecast (2019-2030)
8.3.3 Japan Trunking System Market Size and Forecast (2019-2030)
8.3.4 South Korea Trunking System Market Size and Forecast (2019-2030)
8.3.5 India Trunking System Market Size and Forecast (2019-2030)
8.3.6 Southeast Asia Trunking System Market Size and Forecast (2019-2030)
8.3.7 Australia Trunking System Market Size and Forecast (2019-2030)

9 South America
9.1 South America Trunking System Consumption Value by Type (2019-2030)
9.2 South America Trunking System Consumption Value by Application (2019-2030)
9.3 South America Trunking System Market Size by Country
9.3.1 South America Trunking System Consumption Value by Country (2019-2030)
9.3.2 Brazil Trunking System Market Size and Forecast (2019-2030)
9.3.3 Argentina Trunking System Market Size and Forecast (2019-2030)

10 Middle East & Africa
10.1 Middle East & Africa Trunking System Consumption Value by Type (2019-2030)
10.2 Middle East & Africa Trunking System Consumption Value by Application (2019-2030)
10.3 Middle East & Africa Trunking System Market Size by Country
10.3.1 Middle East & Africa Trunking System Consumption Value by Country (2019-2030)
10.3.2 Turkey Trunking System Market Size and Forecast (2019-2030)
10.3.3 Saudi Arabia Trunking System Market Size and Forecast (2019-2030)
10.3.4 UAE Trunking System Market Size and Forecast (2019-2030)

11 Market Dynamics
11.1 Trunking System Market Drivers
11.2 Trunking System Market Restraints
11.3 Trunking System Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry

12 Industry Chain Analysis
12.1 Trunking System Industry Chain
12.2 Trunking System Upstream Analysis
12.3 Trunking System Midstream Analysis
12.4 Trunking System Downstream Analysis

13 Research Findings and Conclusion

14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
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Table of Figures

List of Tables
Table 1. Global Trunking System Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Table 2. Global Trunking System Consumption Value by Application, (USD Million), 2019 & 2023 & 2030
Table 3. Global Trunking System Consumption Value by Region (2019-2024) & (USD Million)
Table 4. Global Trunking System Consumption Value by Region (2025-2030) & (USD Million)
Table 5. Philips Lighting Holding Company Information, Head Office, and Major Competitors
Table 6. Philips Lighting Holding Major Business
Table 7. Philips Lighting Holding Trunking System Product and Solutions
Table 8. Philips Lighting Holding Trunking System Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 9. Philips Lighting Holding Recent Developments and Future Plans
Table 10. GE lighting Company Information, Head Office, and Major Competitors
Table 11. GE lighting Major Business
Table 12. GE lighting Trunking System Product and Solutions
Table 13. GE lighting Trunking System Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 14. GE lighting Recent Developments and Future Plans
Table 15. Havells Sylvania (Shanghai Feilo Acoustics) Company Information, Head Office, and Major Competitors
Table 16. Havells Sylvania (Shanghai Feilo Acoustics) Major Business
Table 17. Havells Sylvania (Shanghai Feilo Acoustics) Trunking System Product and Solutions
Table 18. Havells Sylvania (Shanghai Feilo Acoustics) Trunking System Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 19. Havells Sylvania (Shanghai Feilo Acoustics) Recent Developments and Future Plans
Table 20. Siteco Beleuchtungstechnik GmbH (OSRAM) Company Information, Head Office, and Major Competitors
Table 21. Siteco Beleuchtungstechnik GmbH (OSRAM) Major Business
Table 22. Siteco Beleuchtungstechnik GmbH (OSRAM) Trunking System Product and Solutions
Table 23. Siteco Beleuchtungstechnik GmbH (OSRAM) Trunking System Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 24. Siteco Beleuchtungstechnik GmbH (OSRAM) Recent Developments and Future Plans
Table 25. Zumtobel Group Company Information, Head Office, and Major Competitors
Table 26. Zumtobel Group Major Business
Table 27. Zumtobel Group Trunking System Product and Solutions
Table 28. Zumtobel Group Trunking System Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 29. Zumtobel Group Recent Developments and Future Plans
Table 30. TRILUX Group Management GmbH Company Information, Head Office, and Major Competitors
Table 31. TRILUX Group Management GmbH Major Business
Table 32. TRILUX Group Management GmbH Trunking System Product and Solutions
Table 33. TRILUX Group Management GmbH Trunking System Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 34. TRILUX Group Management GmbH Recent Developments and Future Plans
Table 35. Aura Light International Company Information, Head Office, and Major Competitors
Table 36. Aura Light International Major Business
Table 37. Aura Light International Trunking System Product and Solutions
Table 38. Aura Light International Trunking System Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 39. Aura Light International Recent Developments and Future Plans
Table 40. Luxon LED Company Information, Head Office, and Major Competitors
Table 41. Luxon LED Major Business
Table 42. Luxon LED Trunking System Product and Solutions
Table 43. Luxon LED Trunking System Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 44. Luxon LED Recent Developments and Future Plans
Table 45. Thorlux Lighting (F.W. Thorpe Plc Group) Company Information, Head Office, and Major Competitors
Table 46. Thorlux Lighting (F.W. Thorpe Plc Group) Major Business
Table 47. Thorlux Lighting (F.W. Thorpe Plc Group) Trunking System Product and Solutions
Table 48. Thorlux Lighting (F.W. Thorpe Plc Group) Trunking System Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 49. Thorlux Lighting (F.W. Thorpe Plc Group) Recent Developments and Future Plans
Table 50. Global Trunking System Revenue (USD Million) by Players (2019-2024)
Table 51. Global Trunking System Revenue Share by Players (2019-2024)
Table 52. Breakdown of Trunking System by Company Type (Tier 1, Tier 2, and Tier 3)
Table 53. Market Position of Players in Trunking System, (Tier 1, Tier 2, and Tier 3), Based on Revenue in 2023
Table 54. Head Office of Key Trunking System Players
Table 55. Trunking System Market: Company Product Type Footprint
Table 56. Trunking System Market: Company Product Application Footprint
Table 57. Trunking System New Market Entrants and Barriers to Market Entry
Table 58. Trunking System Mergers, Acquisition, Agreements, and Collaborations
Table 59. Global Trunking System Consumption Value (USD Million) by Type (2019-2024)
Table 60. Global Trunking System Consumption Value Share by Type (2019-2024)
Table 61. Global Trunking System Consumption Value Forecast by Type (2025-2030)
Table 62. Global Trunking System Consumption Value by Application (2019-2024)
Table 63. Global Trunking System Consumption Value Forecast by Application (2025-2030)
Table 64. North America Trunking System Consumption Value by Type (2019-2024) & (USD Million)
Table 65. North America Trunking System Consumption Value by Type (2025-2030) & (USD Million)
Table 66. North America Trunking System Consumption Value by Application (2019-2024) & (USD Million)
Table 67. North America Trunking System Consumption Value by Application (2025-2030) & (USD Million)
Table 68. North America Trunking System Consumption Value by Country (2019-2024) & (USD Million)
Table 69. North America Trunking System Consumption Value by Country (2025-2030) & (USD Million)
Table 70. Europe Trunking System Consumption Value by Type (2019-2024) & (USD Million)
Table 71. Europe Trunking System Consumption Value by Type (2025-2030) & (USD Million)
Table 72. Europe Trunking System Consumption Value by Application (2019-2024) & (USD Million)
Table 73. Europe Trunking System Consumption Value by Application (2025-2030) & (USD Million)
Table 74. Europe Trunking System Consumption Value by Country (2019-2024) & (USD Million)
Table 75. Europe Trunking System Consumption Value by Country (2025-2030) & (USD Million)
Table 76. Asia-Pacific Trunking System Consumption Value by Type (2019-2024) & (USD Million)
Table 77. Asia-Pacific Trunking System Consumption Value by Type (2025-2030) & (USD Million)
Table 78. Asia-Pacific Trunking System Consumption Value by Application (2019-2024) & (USD Million)
Table 79. Asia-Pacific Trunking System Consumption Value by Application (2025-2030) & (USD Million)
Table 80. Asia-Pacific Trunking System Consumption Value by Region (2019-2024) & (USD Million)
Table 81. Asia-Pacific Trunking System Consumption Value by Region (2025-2030) & (USD Million)
Table 82. South America Trunking System Consumption Value by Type (2019-2024) & (USD Million)
Table 83. South America Trunking System Consumption Value by Type (2025-2030) & (USD Million)
Table 84. South America Trunking System Consumption Value by Application (2019-2024) & (USD Million)
Table 85. South America Trunking System Consumption Value by Application (2025-2030) & (USD Million)
Table 86. South America Trunking System Consumption Value by Country (2019-2024) & (USD Million)
Table 87. South America Trunking System Consumption Value by Country (2025-2030) & (USD Million)
Table 88. Middle East & Africa Trunking System Consumption Value by Type (2019-2024) & (USD Million)
Table 89. Middle East & Africa Trunking System Consumption Value by Type (2025-2030) & (USD Million)
Table 90. Middle East & Africa Trunking System Consumption Value by Application (2019-2024) & (USD Million)
Table 91. Middle East & Africa Trunking System Consumption Value by Application (2025-2030) & (USD Million)
Table 92. Middle East & Africa Trunking System Consumption Value by Country (2019-2024) & (USD Million)
Table 93. Middle East & Africa Trunking System Consumption Value by Country (2025-2030) & (USD Million)
Table 94. Trunking System Raw Material
Table 95. Key Suppliers of Trunking System Raw Materials
List of Figures
Figure 1. Trunking System Picture
Figure 2. Global Trunking System Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 3. Global Trunking System Consumption Value Market Share by Type in 2023
Figure 4. Narrow Distribution
Figure 5. Wide Distribution
Figure 6. Others
Figure 7. Global Trunking System Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 8. Trunking System Consumption Value Market Share by Application in 2023
Figure 9. Commercial Picture
Figure 10. Industrial Picture
Figure 11. Warehouse Picture
Figure 12. Others Picture
Figure 13. Global Trunking System Consumption Value, (USD Million): 2019 & 2023 & 2030
Figure 14. Global Trunking System Consumption Value and Forecast (2019-2030) & (USD Million)
Figure 15. Global Market Trunking System Consumption Value (USD Million) Comparison by Region (2019 & 2023 & 2030)
Figure 16. Global Trunking System Consumption Value Market Share by Region (2019-2030)
Figure 17. Global Trunking System Consumption Value Market Share by Region in 2023
Figure 18. North America Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 19. Europe Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 20. Asia-Pacific Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 21. South America Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 22. Middle East and Africa Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 23. Global Trunking System Revenue Share by Players in 2023
Figure 24. Trunking System Market Share by Company Type (Tier 1, Tier 2 and Tier 3) in 2023
Figure 25. Global Top 3 Players Trunking System Market Share in 2023
Figure 26. Global Top 6 Players Trunking System Market Share in 2023
Figure 27. Global Trunking System Consumption Value Share by Type (2019-2024)
Figure 28. Global Trunking System Market Share Forecast by Type (2025-2030)
Figure 29. Global Trunking System Consumption Value Share by Application (2019-2024)
Figure 30. Global Trunking System Market Share Forecast by Application (2025-2030)
Figure 31. North America Trunking System Consumption Value Market Share by Type (2019-2030)
Figure 32. North America Trunking System Consumption Value Market Share by Application (2019-2030)
Figure 33. North America Trunking System Consumption Value Market Share by Country (2019-2030)
Figure 34. United States Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 35. Canada Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 36. Mexico Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 37. Europe Trunking System Consumption Value Market Share by Type (2019-2030)
Figure 38. Europe Trunking System Consumption Value Market Share by Application (2019-2030)
Figure 39. Europe Trunking System Consumption Value Market Share by Country (2019-2030)
Figure 40. Germany Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 41. France Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 42. United Kingdom Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 43. Russia Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 44. Italy Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 45. Asia-Pacific Trunking System Consumption Value Market Share by Type (2019-2030)
Figure 46. Asia-Pacific Trunking System Consumption Value Market Share by Application (2019-2030)
Figure 47. Asia-Pacific Trunking System Consumption Value Market Share by Region (2019-2030)
Figure 48. China Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 49. Japan Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 50. South Korea Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 51. India Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 52. Southeast Asia Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 53. Australia Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 54. South America Trunking System Consumption Value Market Share by Type (2019-2030)
Figure 55. South America Trunking System Consumption Value Market Share by Application (2019-2030)
Figure 56. South America Trunking System Consumption Value Market Share by Country (2019-2030)
Figure 57. Brazil Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 58. Argentina Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 59. Middle East and Africa Trunking System Consumption Value Market Share by Type (2019-2030)
Figure 60. Middle East and Africa Trunking System Consumption Value Market Share by Application (2019-2030)
Figure 61. Middle East and Africa Trunking System Consumption Value Market Share by Country (2019-2030)
Figure 62. Turkey Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 63. Saudi Arabia Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 64. UAE Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 65. Trunking System Market Drivers
Figure 66. Trunking System Market Restraints
Figure 67. Trunking System Market Trends
Figure 68. Porters Five Forces Analysis
Figure 69. Manufacturing Cost Structure Analysis of Trunking System in 2023
Figure 70. Manufacturing Process Analysis of Trunking System
Figure 71. Trunking System Industrial Chain
Figure 72. Methodology
Figure 73. Research Process and Data Source
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Research Methodology

Client Requirements

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Review and analyze client requirements

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Discussion of all the project requirements and queries

Flexibility Check

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Project Feasibility Analysis

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Finalizing tentative research programme

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Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

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Determination of key drivers, restraints, challenge, and opportunity

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Identifies market needs and trends

Market Size Estimation & Forecast

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Estimation of historical data based on secondary and primary data

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Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

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Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

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Consideration of geography, region-specific product/service demand for region segments

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Consideration of product utilization rates, product demand outlook for segments by application or end-user.

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Data Source

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Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

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Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

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Collection of data

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Cumulating and collating the essential qualitative and quantitative data

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Generation of report in client requested format by research analysts

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Reviews by expert analysts

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Final quality check

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Clarifying queries

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Receiving feedback

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Ensuring satisfaction

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    liuCheng01

    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

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    liuCheng01

    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

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    liuCheng01

    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

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    liuCheng01

    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

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    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Companies Mentioned

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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Global Trunking System Market 2023 by Company, Regions, Type and Application, Forecast to 2029 xian22

Global Trunking System Market 2023 by Company, Regions, Type and Application, Forecast to 2029

date 18 Mar 2023

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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.

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Global Trunking System Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Trunking System Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Page: 92

Published Date: 02 Jan 2024

Category: Service & Software

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Description

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Description

According to our (Global Info Research) latest study, the global Trunking System market size was valued at USD 137.7 million in 2023 and is forecast to a readjusted size of USD 207.4 million by 2030 with a CAGR of 6.0% during review period.

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.

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%.

The Global Info Research report includes an overview of the development of the Trunking System industry chain, the market status of Commercial (Narrow Distribution, Wide Distribution), Industrial (Narrow Distribution, Wide Distribution), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Trunking System.

Regionally, the report analyzes the Trunking System markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Trunking System market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:
The report presents comprehensive understanding of the Trunking System market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Trunking System industry.

The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Narrow Distribution, Wide Distribution).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Trunking System market.

Regional Analysis: The report involves examining the Trunking System market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Trunking System market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Trunking System:
Company Analysis: Report covers individual Trunking System players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Trunking System This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Commercial, Industrial).

Technology Analysis: Report covers specific technologies relevant to Trunking System. It assesses the current state, advancements, and potential future developments in Trunking System areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Trunking System market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation
Trunking System market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Market segment by Type
Narrow Distribution
Wide Distribution
Others

Market segment by Application
Commercial
Industrial
Warehouse
Others

Market segment by players, this report covers
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)

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Trunking System product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Trunking System, with revenue, gross margin and global market share of Trunking System from 2019 to 2024.
Chapter 3, the Trunking System competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Trunking System market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Trunking System.
Chapter 13, to describe Trunking System research findings and conclusion.
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Table of Contents

1 Market Overview
1.1 Product Overview and Scope of Trunking System
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Trunking System by Type
1.3.1 Overview: Global Trunking System Market Size by Type: 2019 Versus 2023 Versus 2030
1.3.2 Global Trunking System Consumption Value Market Share by Type in 2023
1.3.3 Narrow Distribution
1.3.4 Wide Distribution
1.3.5 Others
1.4 Global Trunking System Market by Application
1.4.1 Overview: Global Trunking System Market Size by Application: 2019 Versus 2023 Versus 2030
1.4.2 Commercial
1.4.3 Industrial
1.4.4 Warehouse
1.4.5 Others
1.5 Global Trunking System Market Size & Forecast
1.6 Global Trunking System Market Size and Forecast by Region
1.6.1 Global Trunking System Market Size by Region: 2019 VS 2023 VS 2030
1.6.2 Global Trunking System Market Size by Region, (2019-2030)
1.6.3 North America Trunking System Market Size and Prospect (2019-2030)
1.6.4 Europe Trunking System Market Size and Prospect (2019-2030)
1.6.5 Asia-Pacific Trunking System Market Size and Prospect (2019-2030)
1.6.6 South America Trunking System Market Size and Prospect (2019-2030)
1.6.7 Middle East and Africa Trunking System Market Size and Prospect (2019-2030)

2 Company Profiles
2.1 Philips Lighting Holding
2.1.1 Philips Lighting Holding Details
2.1.2 Philips Lighting Holding Major Business
2.1.3 Philips Lighting Holding Trunking System Product and Solutions
2.1.4 Philips Lighting Holding Trunking System Revenue, Gross Margin and Market Share (2019-2024)
2.1.5 Philips Lighting Holding Recent Developments and Future Plans
2.2 GE lighting
2.2.1 GE lighting Details
2.2.2 GE lighting Major Business
2.2.3 GE lighting Trunking System Product and Solutions
2.2.4 GE lighting Trunking System Revenue, Gross Margin and Market Share (2019-2024)
2.2.5 GE lighting Recent Developments and Future Plans
2.3 Havells Sylvania (Shanghai Feilo Acoustics)
2.3.1 Havells Sylvania (Shanghai Feilo Acoustics) Details
2.3.2 Havells Sylvania (Shanghai Feilo Acoustics) Major Business
2.3.3 Havells Sylvania (Shanghai Feilo Acoustics) Trunking System Product and Solutions
2.3.4 Havells Sylvania (Shanghai Feilo Acoustics) Trunking System Revenue, Gross Margin and Market Share (2019-2024)
2.3.5 Havells Sylvania (Shanghai Feilo Acoustics) Recent Developments and Future Plans
2.4 Siteco Beleuchtungstechnik GmbH (OSRAM)
2.4.1 Siteco Beleuchtungstechnik GmbH (OSRAM) Details
2.4.2 Siteco Beleuchtungstechnik GmbH (OSRAM) Major Business
2.4.3 Siteco Beleuchtungstechnik GmbH (OSRAM) Trunking System Product and Solutions
2.4.4 Siteco Beleuchtungstechnik GmbH (OSRAM) Trunking System Revenue, Gross Margin and Market Share (2019-2024)
2.4.5 Siteco Beleuchtungstechnik GmbH (OSRAM) Recent Developments and Future Plans
2.5 Zumtobel Group
2.5.1 Zumtobel Group Details
2.5.2 Zumtobel Group Major Business
2.5.3 Zumtobel Group Trunking System Product and Solutions
2.5.4 Zumtobel Group Trunking System Revenue, Gross Margin and Market Share (2019-2024)
2.5.5 Zumtobel Group Recent Developments and Future Plans
2.6 TRILUX Group Management GmbH
2.6.1 TRILUX Group Management GmbH Details
2.6.2 TRILUX Group Management GmbH Major Business
2.6.3 TRILUX Group Management GmbH Trunking System Product and Solutions
2.6.4 TRILUX Group Management GmbH Trunking System Revenue, Gross Margin and Market Share (2019-2024)
2.6.5 TRILUX Group Management GmbH Recent Developments and Future Plans
2.7 Aura Light International
2.7.1 Aura Light International Details
2.7.2 Aura Light International Major Business
2.7.3 Aura Light International Trunking System Product and Solutions
2.7.4 Aura Light International Trunking System Revenue, Gross Margin and Market Share (2019-2024)
2.7.5 Aura Light International Recent Developments and Future Plans
2.8 Luxon LED
2.8.1 Luxon LED Details
2.8.2 Luxon LED Major Business
2.8.3 Luxon LED Trunking System Product and Solutions
2.8.4 Luxon LED Trunking System Revenue, Gross Margin and Market Share (2019-2024)
2.8.5 Luxon LED Recent Developments and Future Plans
2.9 Thorlux Lighting (F.W. Thorpe Plc Group)
2.9.1 Thorlux Lighting (F.W. Thorpe Plc Group) Details
2.9.2 Thorlux Lighting (F.W. Thorpe Plc Group) Major Business
2.9.3 Thorlux Lighting (F.W. Thorpe Plc Group) Trunking System Product and Solutions
2.9.4 Thorlux Lighting (F.W. Thorpe Plc Group) Trunking System Revenue, Gross Margin and Market Share (2019-2024)
2.9.5 Thorlux Lighting (F.W. Thorpe Plc Group) Recent Developments and Future Plans

3 Market Competition, by Players
3.1 Global Trunking System Revenue and Share by Players (2019-2024)
3.2 Market Share Analysis (2023)
3.2.1 Market Share of Trunking System by Company Revenue
3.2.2 Top 3 Trunking System Players Market Share in 2023
3.2.3 Top 6 Trunking System Players Market Share in 2023
3.3 Trunking System Market: Overall Company Footprint Analysis
3.3.1 Trunking System Market: Region Footprint
3.3.2 Trunking System Market: Company Product Type Footprint
3.3.3 Trunking System Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type
4.1 Global Trunking System Consumption Value and Market Share by Type (2019-2024)
4.2 Global Trunking System Market Forecast by Type (2025-2030)

5 Market Size Segment by Application
5.1 Global Trunking System Consumption Value Market Share by Application (2019-2024)
5.2 Global Trunking System Market Forecast by Application (2025-2030)

6 North America
6.1 North America Trunking System Consumption Value by Type (2019-2030)
6.2 North America Trunking System Consumption Value by Application (2019-2030)
6.3 North America Trunking System Market Size by Country
6.3.1 North America Trunking System Consumption Value by Country (2019-2030)
6.3.2 United States Trunking System Market Size and Forecast (2019-2030)
6.3.3 Canada Trunking System Market Size and Forecast (2019-2030)
6.3.4 Mexico Trunking System Market Size and Forecast (2019-2030)

7 Europe
7.1 Europe Trunking System Consumption Value by Type (2019-2030)
7.2 Europe Trunking System Consumption Value by Application (2019-2030)
7.3 Europe Trunking System Market Size by Country
7.3.1 Europe Trunking System Consumption Value by Country (2019-2030)
7.3.2 Germany Trunking System Market Size and Forecast (2019-2030)
7.3.3 France Trunking System Market Size and Forecast (2019-2030)
7.3.4 United Kingdom Trunking System Market Size and Forecast (2019-2030)
7.3.5 Russia Trunking System Market Size and Forecast (2019-2030)
7.3.6 Italy Trunking System Market Size and Forecast (2019-2030)

8 Asia-Pacific
8.1 Asia-Pacific Trunking System Consumption Value by Type (2019-2030)
8.2 Asia-Pacific Trunking System Consumption Value by Application (2019-2030)
8.3 Asia-Pacific Trunking System Market Size by Region
8.3.1 Asia-Pacific Trunking System Consumption Value by Region (2019-2030)
8.3.2 China Trunking System Market Size and Forecast (2019-2030)
8.3.3 Japan Trunking System Market Size and Forecast (2019-2030)
8.3.4 South Korea Trunking System Market Size and Forecast (2019-2030)
8.3.5 India Trunking System Market Size and Forecast (2019-2030)
8.3.6 Southeast Asia Trunking System Market Size and Forecast (2019-2030)
8.3.7 Australia Trunking System Market Size and Forecast (2019-2030)

9 South America
9.1 South America Trunking System Consumption Value by Type (2019-2030)
9.2 South America Trunking System Consumption Value by Application (2019-2030)
9.3 South America Trunking System Market Size by Country
9.3.1 South America Trunking System Consumption Value by Country (2019-2030)
9.3.2 Brazil Trunking System Market Size and Forecast (2019-2030)
9.3.3 Argentina Trunking System Market Size and Forecast (2019-2030)

10 Middle East & Africa
10.1 Middle East & Africa Trunking System Consumption Value by Type (2019-2030)
10.2 Middle East & Africa Trunking System Consumption Value by Application (2019-2030)
10.3 Middle East & Africa Trunking System Market Size by Country
10.3.1 Middle East & Africa Trunking System Consumption Value by Country (2019-2030)
10.3.2 Turkey Trunking System Market Size and Forecast (2019-2030)
10.3.3 Saudi Arabia Trunking System Market Size and Forecast (2019-2030)
10.3.4 UAE Trunking System Market Size and Forecast (2019-2030)

11 Market Dynamics
11.1 Trunking System Market Drivers
11.2 Trunking System Market Restraints
11.3 Trunking System Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry

12 Industry Chain Analysis
12.1 Trunking System Industry Chain
12.2 Trunking System Upstream Analysis
12.3 Trunking System Midstream Analysis
12.4 Trunking System Downstream Analysis

13 Research Findings and Conclusion

14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
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Table of Figures

List of Tables
Table 1. Global Trunking System Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Table 2. Global Trunking System Consumption Value by Application, (USD Million), 2019 & 2023 & 2030
Table 3. Global Trunking System Consumption Value by Region (2019-2024) & (USD Million)
Table 4. Global Trunking System Consumption Value by Region (2025-2030) & (USD Million)
Table 5. Philips Lighting Holding Company Information, Head Office, and Major Competitors
Table 6. Philips Lighting Holding Major Business
Table 7. Philips Lighting Holding Trunking System Product and Solutions
Table 8. Philips Lighting Holding Trunking System Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 9. Philips Lighting Holding Recent Developments and Future Plans
Table 10. GE lighting Company Information, Head Office, and Major Competitors
Table 11. GE lighting Major Business
Table 12. GE lighting Trunking System Product and Solutions
Table 13. GE lighting Trunking System Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 14. GE lighting Recent Developments and Future Plans
Table 15. Havells Sylvania (Shanghai Feilo Acoustics) Company Information, Head Office, and Major Competitors
Table 16. Havells Sylvania (Shanghai Feilo Acoustics) Major Business
Table 17. Havells Sylvania (Shanghai Feilo Acoustics) Trunking System Product and Solutions
Table 18. Havells Sylvania (Shanghai Feilo Acoustics) Trunking System Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 19. Havells Sylvania (Shanghai Feilo Acoustics) Recent Developments and Future Plans
Table 20. Siteco Beleuchtungstechnik GmbH (OSRAM) Company Information, Head Office, and Major Competitors
Table 21. Siteco Beleuchtungstechnik GmbH (OSRAM) Major Business
Table 22. Siteco Beleuchtungstechnik GmbH (OSRAM) Trunking System Product and Solutions
Table 23. Siteco Beleuchtungstechnik GmbH (OSRAM) Trunking System Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 24. Siteco Beleuchtungstechnik GmbH (OSRAM) Recent Developments and Future Plans
Table 25. Zumtobel Group Company Information, Head Office, and Major Competitors
Table 26. Zumtobel Group Major Business
Table 27. Zumtobel Group Trunking System Product and Solutions
Table 28. Zumtobel Group Trunking System Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 29. Zumtobel Group Recent Developments and Future Plans
Table 30. TRILUX Group Management GmbH Company Information, Head Office, and Major Competitors
Table 31. TRILUX Group Management GmbH Major Business
Table 32. TRILUX Group Management GmbH Trunking System Product and Solutions
Table 33. TRILUX Group Management GmbH Trunking System Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 34. TRILUX Group Management GmbH Recent Developments and Future Plans
Table 35. Aura Light International Company Information, Head Office, and Major Competitors
Table 36. Aura Light International Major Business
Table 37. Aura Light International Trunking System Product and Solutions
Table 38. Aura Light International Trunking System Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 39. Aura Light International Recent Developments and Future Plans
Table 40. Luxon LED Company Information, Head Office, and Major Competitors
Table 41. Luxon LED Major Business
Table 42. Luxon LED Trunking System Product and Solutions
Table 43. Luxon LED Trunking System Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 44. Luxon LED Recent Developments and Future Plans
Table 45. Thorlux Lighting (F.W. Thorpe Plc Group) Company Information, Head Office, and Major Competitors
Table 46. Thorlux Lighting (F.W. Thorpe Plc Group) Major Business
Table 47. Thorlux Lighting (F.W. Thorpe Plc Group) Trunking System Product and Solutions
Table 48. Thorlux Lighting (F.W. Thorpe Plc Group) Trunking System Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 49. Thorlux Lighting (F.W. Thorpe Plc Group) Recent Developments and Future Plans
Table 50. Global Trunking System Revenue (USD Million) by Players (2019-2024)
Table 51. Global Trunking System Revenue Share by Players (2019-2024)
Table 52. Breakdown of Trunking System by Company Type (Tier 1, Tier 2, and Tier 3)
Table 53. Market Position of Players in Trunking System, (Tier 1, Tier 2, and Tier 3), Based on Revenue in 2023
Table 54. Head Office of Key Trunking System Players
Table 55. Trunking System Market: Company Product Type Footprint
Table 56. Trunking System Market: Company Product Application Footprint
Table 57. Trunking System New Market Entrants and Barriers to Market Entry
Table 58. Trunking System Mergers, Acquisition, Agreements, and Collaborations
Table 59. Global Trunking System Consumption Value (USD Million) by Type (2019-2024)
Table 60. Global Trunking System Consumption Value Share by Type (2019-2024)
Table 61. Global Trunking System Consumption Value Forecast by Type (2025-2030)
Table 62. Global Trunking System Consumption Value by Application (2019-2024)
Table 63. Global Trunking System Consumption Value Forecast by Application (2025-2030)
Table 64. North America Trunking System Consumption Value by Type (2019-2024) & (USD Million)
Table 65. North America Trunking System Consumption Value by Type (2025-2030) & (USD Million)
Table 66. North America Trunking System Consumption Value by Application (2019-2024) & (USD Million)
Table 67. North America Trunking System Consumption Value by Application (2025-2030) & (USD Million)
Table 68. North America Trunking System Consumption Value by Country (2019-2024) & (USD Million)
Table 69. North America Trunking System Consumption Value by Country (2025-2030) & (USD Million)
Table 70. Europe Trunking System Consumption Value by Type (2019-2024) & (USD Million)
Table 71. Europe Trunking System Consumption Value by Type (2025-2030) & (USD Million)
Table 72. Europe Trunking System Consumption Value by Application (2019-2024) & (USD Million)
Table 73. Europe Trunking System Consumption Value by Application (2025-2030) & (USD Million)
Table 74. Europe Trunking System Consumption Value by Country (2019-2024) & (USD Million)
Table 75. Europe Trunking System Consumption Value by Country (2025-2030) & (USD Million)
Table 76. Asia-Pacific Trunking System Consumption Value by Type (2019-2024) & (USD Million)
Table 77. Asia-Pacific Trunking System Consumption Value by Type (2025-2030) & (USD Million)
Table 78. Asia-Pacific Trunking System Consumption Value by Application (2019-2024) & (USD Million)
Table 79. Asia-Pacific Trunking System Consumption Value by Application (2025-2030) & (USD Million)
Table 80. Asia-Pacific Trunking System Consumption Value by Region (2019-2024) & (USD Million)
Table 81. Asia-Pacific Trunking System Consumption Value by Region (2025-2030) & (USD Million)
Table 82. South America Trunking System Consumption Value by Type (2019-2024) & (USD Million)
Table 83. South America Trunking System Consumption Value by Type (2025-2030) & (USD Million)
Table 84. South America Trunking System Consumption Value by Application (2019-2024) & (USD Million)
Table 85. South America Trunking System Consumption Value by Application (2025-2030) & (USD Million)
Table 86. South America Trunking System Consumption Value by Country (2019-2024) & (USD Million)
Table 87. South America Trunking System Consumption Value by Country (2025-2030) & (USD Million)
Table 88. Middle East & Africa Trunking System Consumption Value by Type (2019-2024) & (USD Million)
Table 89. Middle East & Africa Trunking System Consumption Value by Type (2025-2030) & (USD Million)
Table 90. Middle East & Africa Trunking System Consumption Value by Application (2019-2024) & (USD Million)
Table 91. Middle East & Africa Trunking System Consumption Value by Application (2025-2030) & (USD Million)
Table 92. Middle East & Africa Trunking System Consumption Value by Country (2019-2024) & (USD Million)
Table 93. Middle East & Africa Trunking System Consumption Value by Country (2025-2030) & (USD Million)
Table 94. Trunking System Raw Material
Table 95. Key Suppliers of Trunking System Raw Materials
List of Figures
Figure 1. Trunking System Picture
Figure 2. Global Trunking System Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 3. Global Trunking System Consumption Value Market Share by Type in 2023
Figure 4. Narrow Distribution
Figure 5. Wide Distribution
Figure 6. Others
Figure 7. Global Trunking System Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 8. Trunking System Consumption Value Market Share by Application in 2023
Figure 9. Commercial Picture
Figure 10. Industrial Picture
Figure 11. Warehouse Picture
Figure 12. Others Picture
Figure 13. Global Trunking System Consumption Value, (USD Million): 2019 & 2023 & 2030
Figure 14. Global Trunking System Consumption Value and Forecast (2019-2030) & (USD Million)
Figure 15. Global Market Trunking System Consumption Value (USD Million) Comparison by Region (2019 & 2023 & 2030)
Figure 16. Global Trunking System Consumption Value Market Share by Region (2019-2030)
Figure 17. Global Trunking System Consumption Value Market Share by Region in 2023
Figure 18. North America Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 19. Europe Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 20. Asia-Pacific Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 21. South America Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 22. Middle East and Africa Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 23. Global Trunking System Revenue Share by Players in 2023
Figure 24. Trunking System Market Share by Company Type (Tier 1, Tier 2 and Tier 3) in 2023
Figure 25. Global Top 3 Players Trunking System Market Share in 2023
Figure 26. Global Top 6 Players Trunking System Market Share in 2023
Figure 27. Global Trunking System Consumption Value Share by Type (2019-2024)
Figure 28. Global Trunking System Market Share Forecast by Type (2025-2030)
Figure 29. Global Trunking System Consumption Value Share by Application (2019-2024)
Figure 30. Global Trunking System Market Share Forecast by Application (2025-2030)
Figure 31. North America Trunking System Consumption Value Market Share by Type (2019-2030)
Figure 32. North America Trunking System Consumption Value Market Share by Application (2019-2030)
Figure 33. North America Trunking System Consumption Value Market Share by Country (2019-2030)
Figure 34. United States Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 35. Canada Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 36. Mexico Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 37. Europe Trunking System Consumption Value Market Share by Type (2019-2030)
Figure 38. Europe Trunking System Consumption Value Market Share by Application (2019-2030)
Figure 39. Europe Trunking System Consumption Value Market Share by Country (2019-2030)
Figure 40. Germany Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 41. France Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 42. United Kingdom Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 43. Russia Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 44. Italy Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 45. Asia-Pacific Trunking System Consumption Value Market Share by Type (2019-2030)
Figure 46. Asia-Pacific Trunking System Consumption Value Market Share by Application (2019-2030)
Figure 47. Asia-Pacific Trunking System Consumption Value Market Share by Region (2019-2030)
Figure 48. China Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 49. Japan Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 50. South Korea Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 51. India Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 52. Southeast Asia Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 53. Australia Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 54. South America Trunking System Consumption Value Market Share by Type (2019-2030)
Figure 55. South America Trunking System Consumption Value Market Share by Application (2019-2030)
Figure 56. South America Trunking System Consumption Value Market Share by Country (2019-2030)
Figure 57. Brazil Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 58. Argentina Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 59. Middle East and Africa Trunking System Consumption Value Market Share by Type (2019-2030)
Figure 60. Middle East and Africa Trunking System Consumption Value Market Share by Application (2019-2030)
Figure 61. Middle East and Africa Trunking System Consumption Value Market Share by Country (2019-2030)
Figure 62. Turkey Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 63. Saudi Arabia Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 64. UAE Trunking System Consumption Value (2019-2030) & (USD Million)
Figure 65. Trunking System Market Drivers
Figure 66. Trunking System Market Restraints
Figure 67. Trunking System Market Trends
Figure 68. Porters Five Forces Analysis
Figure 69. Manufacturing Cost Structure Analysis of Trunking System in 2023
Figure 70. Manufacturing Process Analysis of Trunking System
Figure 71. Trunking System Industrial Chain
Figure 72. Methodology
Figure 73. Research Process and Data Source
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Research Methodology

Client Requirements

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Review and analyze client requirements

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Discussion of all the project requirements and queries

Flexibility Check

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Project Feasibility Analysis

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Finalizing tentative research programme

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Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

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Determination of key drivers, restraints, challenge, and opportunity

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Identifies market needs and trends

Market Size Estimation & Forecast

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Estimation of historical data based on secondary and primary data

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Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

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Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

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Consideration of geography, region-specific product/service demand for region segments

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Consideration of product utilization rates, product demand outlook for segments by application or end-user.

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Data Source

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Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

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Discussion of all the project requirements and queries

Validation and triangulation of secondary and primary source.

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Collection of data

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Cumulating and collating the essential qualitative and quantitative data

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Generation of report in client requested format by research analysts

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Reviews by expert analysts

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Final quality check

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Clarifying queries

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Receiving feedback

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Ensuring satisfaction

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    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

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    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

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    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

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    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

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    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Companies Mentioned

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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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.

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